Beyond Meat (BYND) Upgraded to Buy: Here's What You Should Know

Core Viewpoint - Beyond Meat (BYND) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system reflects changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Rising earnings estimates for Beyond Meat suggest an improvement in the company's underlying business, likely leading to increased stock prices [5][8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7][9]. - Only the top 20% of Zacks-covered stocks receive a "Strong Buy" or "Buy" rating, indicating superior earnings estimate revisions [10]. Recent Performance of Beyond Meat - Analysts have raised their earnings estimates for Beyond Meat, with the Zacks Consensus Estimate increasing by 40.3% over the past three months [8]. - For the fiscal year ending December 2025, Beyond Meat is expected to earn -$1.12 per share, showing no year-over-year change [8].