Beyond Meat (BYND) stock rallied another 93% in Tuesday afternoon trading as retail investors cheered the firm’s announcement of an expanded partnership with the largest U.S. retailer, Walmart (WMT).
BYND plans on bringing its plant-based products to over 2,000 WMT stores nationwide, according to its press release on Tuesday.
The ongoing meme stock rally has sent BYND shares up a whopping 350% in less than a week.
Is Walmart News Meaningfully Positive for Beyond Meat Stock?
By launching a value-oriented 6-pack of its flagship Beyond Burger, BYND is essentially targeting price-sensitive shoppers while leveraging Walmart’s massive distribution footprint.
Beyond Meat’s chief executive Ethan Brown emphasized the nutritional appeal: 21 grams of protein, no cholesterol, and just 2 grams of saturated fat per serving – positioning the product as both healthy and affordable.
The rollout also includes Beyond Chicken Pieces and Korean BBQ-Style Steak – two of the fastest-growing items in the plant-based category.
In short, the broader shelf presence may help revive top-line growth and retail sell-through metrics, potentially driving the Beyond Meat share price higher over time.
Reasons to Avoid Buying BYND Shares at Current Levels
Despite recent buzz that Walmart news only inflated today, BYND shares remain a high-risk bet.
Beyond Meat is a penny stock with financials that do not at all warrant an investment. It continues to burn cash, post negative margins, and struggle with profitability.
Moreover, the company’s meme stock status also makes it vulnerable to extreme volatility, driven more by social sentiment than fundamentals.
Buying BYND stock at current level is more of a gamble since short squeezes can be fleeting, and retail-driven rallies often lack staying power. Plus, competition in plant-based meat alternatives is intensifying, and consumer demand has plateaued.
Until Beyond Meat proves it can generate sustainable earnings, long-term investors may want to stay on the sidelines.
BYND Is a ‘Sell’-Rated Stock Among Wall Street Firms
Investors must tread with caution on Beyond Meat shares also because Wall Street firms currently have a consensus “Moderate Sell” rating on the Nasdaq-listed firm.
Analysts find BYND stock as fairly valued at about $2.36 on average, which is below its price at the time of writing.
