WallStreetZenWallStreetZen

How to Buy Beyond Meat Stock

Beyond Meat Inc

Beyond Meat, Inc. manufactures, markets, and sells plant-based meat products in the United States and internationally.

Beyond Meat stock last closed at $6.43, down 1.98% from the previous day, and has decreased 56.38% in one year. It has underperformed other stocks in the Packaged Foods industry by 0.44 percentage points. Beyond Meat stock is currently +15.23% from its 52-week low of $5.58, and -66.6% from its 52-week high of $19.25.

At the moment, there are 64.68M BYND shares outstanding. The market capitalization of BYND is $415.87M. In the last 24 hours, 1.48M BYND shares were traded.

How to Buy Beyond Meat Stock

Not sure how to invest in Beyond Meat stock? Here's how.
  1. Choose where to buy Beyond Meat stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Beyond Meat stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Pick your method of payment and add your information.
  4. Research Beyond Meat stock: The Beyond Meat ticker symbol is BYND. Is Beyond Meat stock a good investment? Should you buy shares of BYND? How do BYND's underlying business fundamentals look? Do top analysts think Beyond Meat is a good buy? Why has BYND's stock price moved recently? (Hint: Our stock analysis website can help you understand if BYND is a good stock to buy).
  5. Place your BYND trade: Decide if you will purchase BYND shares at the current market price or use a limit order to purchase BYND stock at a particular price.
  6. Monitor your BYND investment: Create a watchlist to watch your position in Beyond Meat stock.

Step 1: Choose where to buy Beyond Meat stock

You need an online brokerage account in order to access the NASDAQ market and buy BYND shares.

A brokerage account allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

In our opinion, eToro is the best brokerage. eToro gives you:

  • Invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
  • Access to world financial markets: From Technology to Energy, New York to Hong Kong — you can fill your portfolio with stocks from the globe's leading exchanges.
  • Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by creating an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open your brokerage account

Now that you've picked the right brokerage, the next step is to fill out some personal details so you can buy BYND today.

How to Open a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal data to open your new brokerage account.
  1. Send your application by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Fund your investment account

Now that you've created your account on a good online stock trading app, you can securely and quickly fund your account:

Watch this video walkthrough for more details transferring funds into your new investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Beyond Meat stock

Once you have identified the best place to buy Beyond Meat stock, it's crucial to analyze their stock before you buy, so you actually understand the risk and upside.

Beyond Meat Numbers

BYND Price
$6.43
1w %
-8.79%
1y %
-56.38%
5y %
N/A
P/E
-1.22x
P/B
-0.81x
P/S
1.2x
PEG
N/A
Revenue
$343.38M
Earnings
-$338.14M
Fore. Rev. Growth
1.88%
Fore. Earn. Growth
N/A
Market Cap
$415.87M
Next Earnings
May 8, 2024
Next Dividend
N/A

BYND Due Diligence Checks

WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis.

You can see all of the due diligence checks on BYND's stock page.

Is BYND stock overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge BYND's intrinsic value.

You can do more valuation analysis on BYND's stock here.

BYND Financials at a glance

Positive Financial Indicators:

  • BYND has $193.34M in cash and short term investments. This is enough to cover its annual cash burn of $114.07M.
  • There are more short-term assets than short-term liabilities on the BYND balance sheet.
  • BYND has cash burn of 114066000. It has sufficient cash and short-term investments to cover this for at least one year.

Negative Financial Indicators:

  • BYND profit margin has gone down from -87.4% to -98.5% in the past year.
  • There are more long-term liabilities than short-term assets on the BYND balance sheet.
  • Total BYND debt is still negative.
  • BYND debt to equity ratio of -2.51 is negative.

Do Wall Street analysts think it's a good time to buy Beyond Meat stock

Out of 4 sell side analysts who give ratings on BYND, the consensus analyst rating on BYND is a Strong Sell

It's important to note that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are forecasting on the Beyond Meat stock forecast page.

BYND Technicals

SMA10
6.98
SMA20
7.48
SMA50
7.69
SMA100
7.9
SMA200
9.39
MACD
-0.39
MACD Signal
-0.25
MACD Histogram
-0.14
RSI
31.8
Stochastic %K
5.97
Stochastic %D
5.01
StochRSI %K
2.69
StochRSI %D
1.74

BYND Performance Metrics

Last year, BYND revenue was $343.38M. During the past five year, BYND's revenue has gone up by 31.32% per year. This was faster than the Packaged Foods industry average of 5.56%.

Find out more about BYND's earnings and revenue performance here.

Are BYND insiders buying or selling the stock?

Over the last 12 months, insiders at BYND have sold more shares than they have bought.

Lubi Kutua, CFO Treasurer of BYND, was the latest BYND insider to sell. They sold $124.65 worth of BYND shares on Mar 18, 2024.

Get more info about who owns BYND shares here.

Does BYND provide a stable income stream?

No, Beyond Meat doesn't provide an income stream by paying out dividends.

Get opinions from other traders

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Place your BYND trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given dollar amount, use a limit order.

Click the Open button and your broker will place the order.

If you require additional help with investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Monitor your BYND investment

Now that you own some BYND stock, you'll want to stay up-to-date on your new investment.

Add BYND to a watchlist to get notified of the latest news about your BYND stock.

BYND Feed

How to Buy Stock in Beyond Meat

To summarize, here are the 6 steps to buy stock in Beyond Meat:

  1. Choose where to buy Beyond Meat stock
  2. Open your brokerage account
  3. Fund your investment account
  4. Research Beyond Meat stock
  5. Place your BYND trade
  6. Monitor your BYND investment

If you need a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your investment in Beyond Meat, create a watchlist on WallStreetZen today.

NASDAQ: BYND
$6.43-0.13 (-1.98%)
Updated Apr 17, 2024
Open eToro Account
NASDAQ: BYND
$6.43-0.13 (-1.98%)
Updated Apr 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Beyond Meat share?

As of Apr 17, 2024, it costs $6.43 to buy one share of Beyond Meat stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.467 shares of BYND.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Beyond Meat stock?

According to 4 Wall Street analysts who monitor Beyond Meat, their consensus recommendation is to sell Beyond Meat stock.

What is the best way to buy Beyond Meat stock?

One way to place an order for Beyond Meat stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.