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 $9.50, up 1.39% from the previous day, and has decreased 35.51% in one year. It has underperformed other stocks in the Packaged Foods industry by 0.33 percentage points. Beyond Meat stock is currently +3.04% from its 52-week low of $9.22, and -58.46% from its 52-week high of $22.87.
At the moment, there are 64.39M BYND shares outstanding. The market capitalization of BYND is $611.67M. In the last 24 hours, 2.23M BYND shares were traded.
How to Buy Beyond Meat Stock
Not sure how to invest in Beyond Meat stock? Here's how.
- 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.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Pick your method of payment and add your information.
- 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).
- 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.
- 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.
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 AccountStep 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
- Click here to get started.
- Provide your personal data to open your new brokerage account.
- Send your application by clicking the "Create Account" button.
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.
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 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 cash burn of 209044000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the BYND balance sheet.
Negative Financial Indicators:
- BYND has $213.33M in cash and short term investments. This is not enough to cover its annual cash burn of $209.04M.
- BYND profit margin has gone down from -71.8% to -78.8% in the past year.
- Total BYND debt is still negative.
- BYND debt to equity ratio of -4.24 is negative.
- There are more long-term liabilities than short-term assets on the BYND balance sheet.
Do Wall Street analysts think it's a good time to buy Beyond Meat stock
Out of 5 sell side analysts who give ratings on BYND, the consensus analyst rating on BYND is a Sell
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent BYND Analyst Forecasts
Michael Lavery, a top 4% analyst from Piper Sandler maintains BYND with a strong sell rating and lowers their BYND price target from $6.00 to $3.00, on Sep 22, 2023.
Robert Moskow, a top 4% analyst from TD Cowen initiates coverage on BYND with a sell rating and announces their BYND price target of $10.00, on Sep 13, 2023.
Andrew Strelzik, a top 21% analyst from BMO Capital maintains BYND with a hold rating and lowers their BYND price target from $14.00 to $13.00, on Aug 8, 2023.
Benjamin Theurer, a top 25% analyst from Barclays maintains BYND with a strong sell rating and lowers their BYND price target from $10.00 to $9.00, on Jun 1, 2023.
John Baumgartner, a bottom 23% analyst from Mizuho maintains BYND with a hold rating and lowers their BYND price target from $20.00 to $12.00, on May 12, 2023.
You can dig deeper into what analysts are saying on the Beyond Meat stock forecast page.
BYND Trading Indicators
Is BYND Growing Revenue?
Last year, BYND revenue was $356.82M. Over the past four year, BYND's revenue has grown by 21.22% per year. This was faster than the Packaged Foods industry average of 7.61%.
Find out more about BYND's earnings and revenue performance here.
Latest Insiders Trades at BYND
In the past year, insiders at BYND have bought more shares than they have sold.
Margaret J. Trask, Chief People Officer of BYND, was the latest BYND insider to sell. They sold $1,491.36 worth of BYND stock on Sep 22, 2023.
Research more about who owns BYND shares here.
Does BYND stock generate passive income?
No, Beyond Meat doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your BYND trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the best for newer investors. - 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 an exact price, place a limit order.
Click the Open button and eToro will execute the order.
If you want additional info about buying stocks on eToro, watch the how to video below:
Step 6: Monitor your BYND investment
Now that you own some shares in BYND, you'll want to stay up-to-date on your company.
Start a watchlist to get the latest updates about your BYND stock.
BYND Feed
How to Buy Stock in Beyond Meat
To reiterate, here are the 6 steps you need to take to buy Beyond Meat stock right now:
- Choose where to buy Beyond Meat stock
- Open your brokerage account
- Fund your investment account
- Research Beyond Meat stock
- Place your BYND trade
- Monitor your BYND investment
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Beyond Meat, click the button below.
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