Beyond Meat (NASDAQ:BYND) Issues Earnings Results, Misses Expectations By $0.01 EPS

Beyond Meat (NASDAQ:BYND) issued its earnings results on Wednesday. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.01), Zacks reports. Beyond Meat had a negative return on equity of 54.39% and a net margin of 54.95%.

Here are the key takeaways from Beyond Meat’s conference call:

• Second-quarter revenue of $68.8 million exceeded the company’s guidance range, while the year-over-year decline improved to 8.2% from 15.3% in Q1 and 19.7% in Q4 2025.
• Gross margin improved sequentially to 8.5%, operating expenses fell 19% year over year, and cash use excluding financing activities declined 44% to approximately $18 million. Management cited production consolidation, lower material and logistics costs, and ongoing SG&A reductions as drivers.
• Core U.S. and food-service operations remain under pressure: U.S. retail revenue fell 9.9%, U.S. food service declined 27.6%, and international food service dropped 16% year over year. Lower volumes also continue to hurt fixed-cost absorption and adjusted EBITDA remained negative at $27.7 million.
• Europe and Canada were identified as near-term growth engines, with international retail revenue up 16.5%; the company plans additional investment in those markets while launching products such as Beyond Steak Filet, Beyond Breakfast Sausage, and the new Beyond Immerse functional beverage.
• Management is broadening Beyond Meat beyond plant-based meat into functional nutrition and beverages, but provided limited visibility and guided third-quarter revenue to approximately $60 million–$65 million, reflecting continued uncertainty and volatility.

Beyond Meat Price Performance

Beyond Meat stock traded down $0.02 during mid-day trading on Wednesday, hitting $0.61. The company’s stock had a trading volume of 27,348,850 shares, compared to its average volume of 44,409,020. Beyond Meat has a 52-week low of $0.50 and a 52-week high of $7.69. The company has a market cap of $314.41 million, a PE ratio of -0.27 and a beta of 2.78. The firm’s 50 day moving average is $0.67 and its 200 day moving average is $0.74.

Institutional Trading of Beyond Meat

A number of hedge funds have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company grew its position in Beyond Meat by 22.5% during the second quarter. The Manufacturers Life Insurance Company now owns 28,047 shares of the company’s stock valued at $98,000 after purchasing an additional 5,143 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Beyond Meat by 8.3% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 78,749 shares of the company’s stock worth $275,000 after buying an additional 6,020 shares in the last quarter. Pitcairn Co. acquired a new stake in shares of Beyond Meat during the 2nd quarter valued at $37,000. Cerity Partners LLC boosted its stake in shares of Beyond Meat by 76.2% during the 2nd quarter. Cerity Partners LLC now owns 24,958 shares of the company’s stock valued at $87,000 after buying an additional 10,792 shares during the period. Finally, Cetera Investment Advisers grew its holdings in shares of Beyond Meat by 66.4% during the 2nd quarter. Cetera Investment Advisers now owns 27,378 shares of the company’s stock valued at $96,000 after acquiring an additional 10,924 shares in the last quarter. 52.48% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BYND has been the subject of a number of recent research reports. Wall Street Zen upgraded Beyond Meat from a “strong sell” rating to a “sell” rating in a research report on Sunday, July 12th. Zacks Research upgraded Beyond Meat from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Beyond Meat in a research report on Wednesday, July 8th. Three equities research analysts have rated the stock with a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat, Beyond Meat currently has a consensus rating of “Strong Sell” and a consensus price target of $0.82.

About Beyond Meat

Beyond Meat, Inc (NASDAQ: BYND) develops, manufactures and sells plant-based meat substitutes designed to replicate the taste, texture and appearance of animal-based proteins. Since its founding in 2009 by Ethan Brown and initial public offering in 2019, the company has focused on leveraging proprietary technology and ingredient blends to produce a suite of products that cater to both retail and foodservice channels. Beyond Meat’s mission centers on offering more sustainable protein options by reducing reliance on livestock farming and its associated environmental footprint.

The company’s product portfolio includes Beyond Burger, Beyond Sausage, Beyond Beef and Beyond Chicken, each formulated to appeal to a broad range of consumers seeking meat alternatives without compromising on flavor or cooking versatility.