Why Is Wall Street So Bearish on Beyond Meat? There's 1 Key Reason.

Group 1 - Beyond Meat does not have a single buy rating from Wall Street analysts, indicating a bearish sentiment towards the stock with a mix of hold, underperform, and sell ratings [1][8] - The company is facing significant challenges due to a lack of competitive advantage in a crowded market, leading to declining sales and market share [4][9] - In the third quarter of 2025, Beyond Meat expects to report sales of $70 million with a gross margin of around 11%, a significant drop from $106.4 million in the same quarter of 2021 with a gross margin of 21.6% [5] Group 2 - The demand for plant-based meat has weakened, and competition has intensified, resulting in a collapse in sales for Beyond Meat [3][9] - The company's new product launches, such as a jerky product, have failed to reignite sales, and the current strategy is focused on cost-cutting measures [6] - In the second quarter, Beyond Meat's U.S. retail channel experienced a 24.2% volume decrease and a 3.2% decline in revenue per pound, highlighting the struggles the company faces in maintaining sales [9]