Where Will Beyond Meat Stock Be in 3 Years?
This out-of-favor plant-based meat maker still has a lot to prove.
Overview
Beyond Meat (NASDAQ: BYND), a producer of plant-based meat products, went public seven years ago at $25 per share. Today, its stock trades at less than $1. Let's see why Beyond Meat's stock collapsed -- and if it will bounce back or get delisted over the next three years.
From 2021 to 2025, Beyond Meat's revenue declined from $465 million to $276 million without a single year of growth. Its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) fell from negative $113 million to negative $178 million.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.