How to buy Beyond Meat stocks (2024) – invest in Beyond Meat
Beyond Meat is globally known for its meat substitutes. Are you curious about how to buy Beyond Meat shares? In this article, you will find out whether investing in Beyond Meat stocks is a wise choice or not.
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What is the current stock price of Beyond Meat?
Do you want to know the current stock price of Beyond Meat? In the graph below, you can see how Beyond Meat shares are performing. Moreover, you can use the buy and sell buttons to start trading Beyond Meat stocks directly.
Company information about Beyond Meat
Below you can find the key corporate information about Beyond Meat stocks.
Analysing Beyond Meat stocks
Before deciding whether to buy or sell Beyond Meat stocks, it is important to analyse the stock thoroughly. In the overview below, you can see how Beyond Meat has performed in the past period.
Stock prices of the last 5 days
In the table below, you can see the stock prices of Beyond Meat for the last 5 days:
What will happen to the price of Beyond Meat in 2024?
Are you curious about what analysts think will happen to Beyond Meat in 2024 and the years to come? We have combined the predictions of analysts with data from Alpha Vantage. It is worth noting that this figure is just a prediction about the future price of Beyond Meat stocks, and it may or may not come true.
Why might it be interesting to invest in Beyond Meat stocks?
- Early moving advantage: Beyond Meat was one of the first companies to sell meat substitutes, which gives the company a lot of recognition.
- Growing market: the demand for meat substitutes is rapidly growing, especially as the environment becomes a more central theme.
- Strong brand: Beyond Meat is a well-known brand that is recognized, especially among young people.
- Collaborations: Beyond Meat collaborates with large companies such as McDonald’s, Yum Brands, and Walmart.
- Innovation: the company regularly releases meat substitutes that appeal to new audiences.
- Competition: Beyond Meat is facing increasing competition, even from companies that previously only sold meat products.
- Dependency: Beyond Meat is highly dependent on a small group of consumers, which makes the company vulnerable.
- High production costs: producing plant-based meat can be expensive, especially when raw material prices rise.
- Regulations: laws are constantly changing. For example, Beyond Meat is in many countries no longer allowed to sell its products as meat as it could be seen as false advertising.
- Limited availability: not all companies sell meat substitutes, which can make it more difficult for Beyond Meat to sell its products.
Biggest competitors of Beyond Meat
- Impossible Foods: this American company is known for the Impossible Burger, a meat substitute sold in various restaurants and supermarkets.
- Quorn: this British company produces meat substitutes based on a type of fungus.
- Tyson Foods: this American meat company produces meat substitutes under the Raised & Rooted brand.
- Nestle: this major brand markets vegetarian and vegan meat substitutes under the Garden Gourmet brand.
- Kellogg Company: under the MorningStar Farms brand, Kellogg introduces meat substitutes to the market.
In short: what does Beyond Meat do?
Beyond Meat is a company that produces meat substitutes. Beyond Meat is very successful in this. For example, the taste of ‘the beast’ is almost indistinguishable from real meat. However, this burger substitute is made entirely from plant-based products such as coconut oil and pea protein isolates.
The future outlook of Beyond Meat
The future outlook for Beyond Meat is quite bright, at least if they can keep their head above water. Since its launch, Beyond Meat has never made a profit. However, it is clear that an increasing number of people are choosing to turn their backs on real meat. This is not surprising when you consider that meat contributes to climate pollution. In addition, not eating meat can also be beneficial for your health.
Not eating meat and opting for a meat substitute is now very trendy. The time when meat substitutes were failed meat products is fortunately a thing of the past. Beyond Meat has successful replicated various types of meat. In addition to the aforementioned “the beast,” the company has also introduced vegetarian sausages and chicken. Beyond Meat has nailed the taste, but that doesn’t necessarily mean it’s wise to buy the stock.
Beyond Meat: can you distinguish it from real meat?
A common mistake made by investors is buying a stock because they like the company. Naturally, Beyond Meat is a very sustainable company, which is good for your conscience. However, this does not necessarily mean that buying Beyond Meat shares is also good for your return on investment. There are some things to consider when considering an investing in Beyond Meat stocks.
In 2019, Beyond Meat managed to make a profit for the first time. This could further boost the stock price in the future. However, the financial figures are not very positive yet, and there is plenty of room for improvement.
Another major risk for Beyond Meat is the growing competition. More and more companies are venturing into the production of meat substitutes. Even companies that mainly sell real meat are jumping on this trend.
There is still enormous potential, though. The growth rates are over 100%, and the company is also supported by famous people such as Bill Gates and Leonardo DiCaprio. Even the former CEO of McDonald’s took a stake in the company in the past.
Beyond Meat stock price trend and expectations
The stock price of Beyond Meat has been very volatile since its IPO. In 2019, the price rose from $66 to over $230 within a few months after the IPO. At that time, meat substitutes were a strong hype.
However, the company could not live up to the high expectations and now trades at around $20. It is often the case that the stock price can rise significantly at the beginning of a new industry. When the next trend arrives, investors move on, which causes the stock price to plummet.
Therefore, if you are considering an investment in Beyond Meat, it is important to really dive deep. Many competitors are fighting for Beyond Meat’s market share nowadays. Only if Beyond Meat manages to maintain this market share, there is upward potential for the stock price.
- Step 1: Open an account with a reliable stockbroker where Beyond Meat shares are tradable.
- Step 2: Activate your investment account by uploading a copy of your passport and proof of your address.
- Step 3: Deposit money through a bank transfer or with your credit card.
- Step 4: Select the Beyond Meat stock within the trading platform. With a market order, you buy the share directly at the prevailing price, while with a limit order, you set a price that you are willing to pay.
Is it wise to invest in Beyond Meat stocks?
Investing in Beyond Meat shares can be attractive. Worldwide, a healthy lifestyle becomes more popular. The number of people who prefer a vegan lifestyle is also growing. Beyond Meat fits nicely within these trends, since all the company’s products are completely plant-based. The meat substitutes are also tasty, which means people enjoy eating the products.
Another reason to buy Beyond Meat shares is their expansion into China. They work with local partners such as Sinodis, KFC, Pizza Hut, and Starbucks to reach a large audience directly. China is a massive market, and if the products catch on, this could be superb for the company’s profitability. This can be a good reason to buy Beyond Meat shares.
The company’s financial results are also on the rise: in 2019, Beyond Meat managed to make a profit for the first time. By buying Beyond Meat shares, you can also send a signal if the environment is important to you. However, it is critical to consider the risks of investing in Beyond Meat: the stock price is very volatile.
When I was 16, I secretly bought my first stock. Since that ‘proud moment’ I have been managing trading.info for over 10 years. It is my goal to educate people about financial freedom. After my studies business administration and psychology, I decided to put all my time in developing this website. Since I love to travel, I work from all over the world. Click here to read more about trading.info! Don’t hesitate to leave a comment under this article.