NASDAQ:BYND

Beyond Meat Inc. (BYND)

0.56
-0.00 (0.21%)
as of Jul 24, 2026, 8:00:00 pm Market Open.
65 watching
0
DON'T BUY

There is a lot of competition to this company. MFI-T for example, is much cheaper than BYND-Q which has not yet proved it can make money. They are expensive and risky.

DON'T BUY
There is a strong trend in plant-based meats. The valuation is 10-11 times forward revenue yet the business makes little or no money. He prefers MLF-T who have a plant-based protein business but they back it up with the traditional business.
BUY
Hype pushed this high, then based over the holidays around $70. It can return to the $160 level. But now this faces competition. Momentum is strong now.
DON'T BUY
There are lots of other buys out there. Yes, there will be an industry here eventually, but it is just too early. It trades at 30 times sales not earnings -- way too high. Not a long term hold. 70% of the original shareholders are now able to sell their IPO shares, so this will create headwinds.
DON'T BUY
He was an early adopter to their meatless products, given his wife's medical condition. He likes their burgers. But their stock got crazy. It's down $20 today. It was inevitable they would pull back from $150. 75% of the shares outstanding are no eligible for sale, a huge percentage. This stock will churn for a while. He may buy if it falls far enough. There's also competition to consider.
BUY

Are there Canadian companies like Beyond Meat? Why pay more for this hamburger than a meat burger? He's tried it and wasn't blow away. Maple Leaf, he assumes, is looking into alternative protein. Nestle is getting it. Anyone selling protein is looking into alternative/vegan food. There will be so much competition. Who knows will win? To play this place, own BYND.

WATCH
The way the stock is reacting he does not know if it reflects the value of the stock. It is not profitable yet. There are other companies that are competing with them.
DON'T BUY
Hype never lasts for ever, just as great fear doesn't. Stock is up 3x since IPO. Stock has increased likelihood of falling back. A product that can be replicated by others. They're focusing on their brand, and we'll have to see if this works out. The company will continue to do well, but the company and the stock are detached.
COMMENT
Beyond Meat Burger at A&W. Their top line is doubling but they are not profitable yet. First to market is a competitive advantage but not the best. It remains to be seen if they can translate it into a viable business that can create shareholder wealth. He does not know how easy it is to replicate a veggie burger that tastes like meat. He does not participate in the first few days of an issue like this
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