Mizuho reiterates Beyond Meat stock Underperform on drink expansion
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Beyond Meat
Producer of plant-based meat substitutes
Beyond Meat, Inc., branded as Beyond, is a producer of plant-based meat alternatives founded in 2009 by Ethan Brown. The company's products were first launched in the United States in 2012. Beyond Meat's signature product is its plant-based beef 'Beyond Burger'.
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil prices surge after U.S.-Israel strikes on Iran; crude around $80/bbl likely Gold prices soar as Middle East conflict spurs safe haven demand Five things to watch in markets in the week ahead Dollar surges on Middle East conflict; euro, sterling retreat FLASH SALE (South Africa Philippines Nigeria) FLASH SALE Mizuho reiterates Beyond Meat stock Underperform on drink expansion By Investing.com Analyst Ratings Published 03/02/2026, 07:34 AM Mizuho reiterates Beyond Meat stock Underperform on drink expansion 0 BYND 15.37% Investing.com - Mizuho reiterated an Underperform rating and $1.00 price target on Beyond Meat Inc. (NASDAQ:BYND) following the company’s announcement of its protein drink expansion. The stock currently trades at $0.95 with a market cap of $429 million, showing a 36.85% gain over the past week despite declining 70% over the past year. Beyond Meat said its new sparkling protein drink Beyond Immerse is expanding with four additional flavors following strong consumer response. The initial launch on January 15 featured three flavors. The offerings are available exclusively on the direct-to-consumer Beyond Test Kitchen. Immerse features protein options at 10 grams and 20 grams and 7 grams of fiber with antioxidants and electrolytes. Mizuho said the U.S. retail protein drinks market is approximately $10 billion. The firm said it remains skeptical of Beyond Meat’s entry into the space given minimal traction from plant-based formulations. The company faces significant headwinds, with InvestingPro data showing a weak gross profit margin of just 9.92% and negative free cash flow of $142.9 million. InvestingPro Tips highlight that the company is quickly burning through cash and analysts don’t anticipate profitability this year—two of over 20 exclusive tips available to subscribers. Beyond Meat is scheduled to report fourth-quarter results on March 11. Mizuho maintains a cautious outlook for fiscal year...
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