Feed / BYND

Beyond Meat, Inc.

BYND

Consumer Defensive · 10.46 -4.0% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

Beyond Meat, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 28 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.

Company-4.0% todayVolume comparison unavailable
Market group0 of 28 activeGold Mining · unavailable
Disclosed network0 of 6 confirmingNo filing-linked name is confirming now
What would change this read
  • BYND's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if BYND's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Consumer Defensive · Packaged Foods

No new filing conclusion is available. 0 of 28 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • BYND's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations319
Usable filing statements195
Verified relationships6
Evidence supporting the case
  • Net margin changed +128.6 percentage points in the latest annual period.
Evidence challenging the case
  • Latest annual revenue changed -15.6% year over year.
  • Operating margin changed -73.3 percentage points in the latest annual period.
  • Operating cash flow was only -0.662x net income in the latest annual period.
  • Demand and volume has repeated adverse evidence across 4 filings.
  • Product pipeline and R&D has repeated adverse evidence across 3 filings.
  • Restructuring and cost reductions has repeated adverse evidence across 3 filings.
Questions before a position
  • P/E is 40% below the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 577% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

10.46
6m+1006.2%12m+303.9%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$464.7M+14.2%$-2.88+1.4%
2022-12-31$418.9M-9.8%$-5.75+0.7%
2023-12-31$343.4M-18.0%$-5.26+1.1%
2024-12-31$326.5M-4.9%$-2.43+2.7%
2025-12-31$275.5M-15.6%$-1.83

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 4 filings
Total other income (expense), net, in the three months ended March 29, 2025 of $3.3 million consisted primarily of $3.5 million in net realized and unrealized foreign currency transaction gains due to favorable changes in foreign currency exchange rates of th…
10-Q · May 7, 2026
Demand and volumenegative · 4 filings
The increase in volume of products sold was primarily driven by improved demand and limited distribution gains in our European markets, partially offset by certain 57 distribution losses in Canada.
10-Q · May 7, 2026
Foreign exchangemixed · 4 filings
Net loss in the three months ended March 29, 2025, included $12.9 million in non-cash expenses comprised of depreciation and amortization expense, including accelerated depreciation recorded resulting from the suspension of our operational activities in China…
10-Q · May 7, 2026
Input and raw-material costsmixed · 4 filings
Gross margin improvement is also expected to continue to be negatively impacted by the impact of inflation, tariffs and increasing labor costs, materials costs and transportation costs.
10-Q · May 7, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 6.9× · EV/sales 7.6×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

10.46-4.0% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for BYND. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for BYND. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind BYND

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

PEPPepsiCo, Inc.partnerMay 7, 2026

The Planet Partnership In 2021, we entered into TPP, a joint venture with PepsiCo, Inc., to develop, produce and market innovative snack products made from plant-based protein.

SYYSysco CorporationdistributorApr 9, 2026

Praeger’s Sensible Foods, Plantspired (Nasoya Foods USA, LLC), Daring Foods, Moving Mountains, Omnipork (OmniFoods), Tofurky, Sweet Earth and Awesome Burger (Nestlé S.A.), Raised & Rooted (Tyson Foods), Happy Little Plants (Hormel Foods), Sysco’s Simply Plant…

CAGConagra Brands, Inc.competitorApr 9, 2026

We believe that we compete with both conventional animal-protein companies, such as Cargill, Hormel Foods, JBS, Perdue Foods and Tyson Foods, and also plant-based meat brands, including brands affiliated with conventional animal-protein companies and other la…

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 4 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

BYND is currently a Early Follower in the organic co-movement group Gold Mining. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for BYND; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.