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Beyond Meat stock soars after first quarterly report since IPO

By CNBC

Beyond Meat surged 160% in its first day trading on the public markets and has soared nearly 300% above its initial public offering priceRead full story

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  • Shaun Stewart
    Shaun StewartproCEO at New Lab

    A massively underserved market; demand is far exceeding supply for their products as well as Impossible Foods - expect this space to be far more crowded a few years from now....

  • John Gerzema
    John Gerzema proCEO at The Harris Poll

    We ran a Harris Poll that found while only 1% of Americans have Celiac, 31% had applied a type of gluten-free diet in their lifestyle over the past two years. We are becoming our own nutritionist. And for many who are turning away from red meat, this is a perfect undeserved market. Tyson, Cargill, Nestle cant be far away...

  • Soraya Darabi
    Soraya DarabiproGeneral Partner at Trail Mix Ventures

    The beginning of a movement.

  • The move towards plant based meat substitute in no way indicates saving the planet. It can be argued that it may help human health in reducing the consumption of meat, but plants need valuable resources too. This is not a savior for anything... it’s a sideways move. The problem of resources, packaging and recycling still exists beyond meat.

  • Victor Anthony
    Victor AnthonyInternet Equity Analyst at Aegis Capital

    Last I checked 30% of the float was sold short, so this 30% post earnings reaction is mostly short covering. But 35x 2019 and 22x 2020 sales? Stratospheric valuations!!!

  • FOMO or has the link to vegetarian diets and saving our planet finally sunk in?

  • John Gray
    John GrayFormer Banker Risk Management

    Product demand will support this stock until either subsequent earnings allows it to find a supportable level or demand fades. In either event it is a question of anticipation.

  • Weiyee IN
    Weiyee INChief Strategy Officer

    There is still a high novelty aspect to the product and the stock itself. For as long as the Halo in the honeymoon lasts, until every other brand jumps in and chases after the plant-based protein Market. The company will need to demonstrate its ability to differentiate and also create barriers to entry and success for other competitors.

  • Kalesh Menon
    Kalesh MenonFinance Controller at Ingredion Thailand

    I really hope this becomes a sustainable market and companies grow leaps and bounds in capacity. A good win for climate threat our planet is under. I guess economic sense is the only way the climate threat can be effectively addressed. 😀

  • The big question here, of course, is taste. More specifically, Beyond Meat generating a popular reputation for tasting like actual meat - without exception. Every meat lover will go into their initial encounter with Beyond Meat exercising reasonable skepticism. Try as they might with all the marketing and product research they can muster, people have been consuming meat since the dawn of humanity. It is no small challenge to overcome that inborn bias for the real thing.

    It’s a true marketing obstacle

    The big question here, of course, is taste. More specifically, Beyond Meat generating a popular reputation for tasting like actual meat - without exception. Every meat lover will go into their initial encounter with Beyond Meat exercising reasonable skepticism. Try as they might with all the marketing and product research they can muster, people have been consuming meat since the dawn of humanity. It is no small challenge to overcome that inborn bias for the real thing.

    It’s a true marketing obstacle to make it so that consumers aren’t imagining the taste of a compost pile after hearing the words “plant based.” If Beyond Meat can reasonably win over skeptics, the sky is the limit. They will have effectively succeeded in a market that plays an increasingly pivotal role in the future of our planet on a daily basis.

  • In Asia, All eyes are on the Indian market.

    Were veganism is not a choice, but a lifestyle influenced by religious beliefs.

    The size of the market is second to none, and no one can precisely predict the local market reaction to the product, which I believe can only succeed if accompanied by a massive marketing campaign strategy intended to educate and demonstrate the technology behind it.

    Even then, due to the level of education of masses, this can meet with a disastrous level of failure.

    Either way, we will be watching intently.

  • Mike Osswald
    Mike OsswaldVP, Experience Innovation at Hanson Inc.

    I am intrigued about the ecological benefits of these products, but I keep recalling the lab-grown cultured meat stories from like 20 years ago. I have to remind myself that this is not that.

  • Henry Tobias Jones
    Henry Tobias JonesEditor of Dyson on: at Dyson

    Is this the future? Non-vegan but non-meat meat?

  • Marc Coaches
    Marc CoachesCallisto Foundation

    I expect the big brands will snuff out their momentum before the year is out. It is just FOMO, nothing to see here.

  • David Yakobovitch
    David YakobovitchAI Professor at Galvanize

    Wow - go vegan food

  • Harmehar Khanna
    Harmehar Khanna

    Excellent news in terms of moving towards a more sustainable source of food. Comparing a 1/4 lb Beef burger to 1/4 lb of Beyond Meat, the University of Michigan, in a LCA, found that the Beyond Meat Burger uses >99% less water, 93% less land, 46% less energy and produces 90% less GHG's. This study included upstream ingredient and raw material supply (including farm production of agricultural crops), processing and packaging operations, cold storage, distribution to point of sale, and disposal of

    Excellent news in terms of moving towards a more sustainable source of food. Comparing a 1/4 lb Beef burger to 1/4 lb of Beyond Meat, the University of Michigan, in a LCA, found that the Beyond Meat Burger uses >99% less water, 93% less land, 46% less energy and produces 90% less GHG's. This study included upstream ingredient and raw material supply (including farm production of agricultural crops), processing and packaging operations, cold storage, distribution to point of sale, and disposal of packaging materials. So, anyone who says this product "isn't going to change environmental impacts", clearly has not read the science behind it.

  • John  Lennon
    John Lennon

    Bottom line to succeed is the taste and I have to admit, grill 3-4 min on each side and it tastes pretty damn good

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