BYND Stock Recent News

Shares of Beyond Meat (BYND -1.65%) were among the losers last week as the once high-flying growth stock reported disappointing results in its third-quarter earnings report in November.

Are these stocks too risky to take a chance on today?

After almost a 24% decline this year, at the current price of around $6 per share, we believe Beyond Meat stock (NASDAQ: BYND), a plant-based meat alternative - is fairly priced. BYND stock has dropped from around $8 to $6 year-to-date, largely underperforming the broader indices, with the S&P growing about 20% over the same period.

Companies in the Zacks Food - Meat Products industry have been gaining on the increasing demand for protein-packed products. Efforts to expand capacity and product portfolio keep TSN, PPC and BYND well-positioned for growth.

Beyond Meat (BYND) CEO Ethan Brown joins Yahoo Finance Executive Editor Brian Sozzi to discuss the company's growth since its IPO in May 2019 and some of its new product offerings. Brown notes that in the five years since Beyond Meat's IPO, the company has seen both "tremendous growth" and a "contraction" in the market, yet still continues to lead the industry: "There's an enormous disruption in the sense of this is going to be something that displaces animal protein.

After almost a 28% decline this year, at the current price of around $6 per share, we believe Beyond Meat stock (NASDAQ: BYND), a plant-based meat alternative - is fairly priced. BYND stock has dropped from around $9 to $6 year-to-date, largely underperforming the broader indices, with the S&P growing about 17% over the same period.