Beyond Meat (BYND) Shares Plunge 12% on Q4 Miss and Worse Than Expected 2022 Outlook

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Beyond Meat Inc. (BYND) PT Lowered to $60 at BMO Capital

February 25, 2022 8:09 AM EST

BMO Capital analyst Kenneth Zaslow lowered the price target on Beyond Meat Inc. (NASDAQ: BYND) to $60.00 (from $68.00) while maintaining a Market Perform rating.

The analyst commented, "First, BYNDs 4Q21 underlying EPS of ($1.27) fell far short of consensus of ($0.70) as moderating retail growth,... More

Beyond Meat Inc. (BYND) PT Lowered to $42 at Cowen

February 25, 2022 7:15 AM EST

Cowen analyst Brian Holland lowered the price target on Beyond Meat Inc. (NASDAQ: BYND) to $42.00 (from $53.00) while maintaining a Market Perform rating.

The analyst commented, "Our thesis around slower plant based meat adoption vis a vis plant based milk and impact of... More

Beyond Meat (BYND) Misses Q4 EPS by 56c, Guidance Misses Consensus

February 24, 2022 4:08 PM EST

Beyond Meat (NASDAQ: BYND) reported Q4 EPS of ($1.27), $0.56 worse than the analyst estimate of ($0.71). Revenue for the quarter came in at $100.7 million versus the consensus estimate of $101.36 million.

GUIDANCE:

Beyond Meat sees FY2022 revenue of $560-620 million, versus the consensus of... More