BYND Forecast + Trading Strategies


Bullish Case: With the new Beyond 4.0 burger gaining certifications for health benefits and recent expansion into new markets, consumer sentiment could improve, driving sales and reversing the current price decline. Analysts predict a positive trajectory if consumer demand returns.


Bearish Case: Ongoing revenue struggles, high bankruptcy risks, and unfavorable market sentiment indicate a grim outlook. If current trends continue, Beyond Meat may face substantial declines, compounded by competitor entries and changing consumer preferences against plant-based alternatives.


Potential Outcomes:

1. Bankruptcy by 2026 (50%);

2. Successful expansion driving sales growth (30%);

3. Market sentiment recovery spurring stock price increase (20%). These estimates reflect market positioning and historical performance trends.


Trading Oracle: Engage in bearish credit spreads. Sell $6.5 calls while buying $7 calls, expiring soon to capitalize on high implied volatility and forecasted downward movement. Given current bearish sentiment and volatility, this presents a high probability-of-profit setup.


July 24, 2024


Beyond Meat Forecast

BYND      Beyond Meat











Correlated Assets

Assets that tend to move strongly with BYND



RYLD Forecast + Options Trading Strategies   RYLD  Global X Russell 2000 Covered Call (0.87)


DAR Forecast + Options Trading Strategies   DAR  Darling Ingredients (0.85)


UPS Forecast + Options Trading Strategies   UPS  United Parcel Service, Inc. - (0.83)


NTLA Forecast + Options Trading Strategies   NTLA  Intellia Therapeutics (0.83)


ALB Forecast + Options Trading Strategies   ALB  Albemarle (0.82)



Uncorrelated Assets

Assets with little price relationship to BYND



SMG Forecast + Options Trading Strategies   SMG  Scotts Miracle-Gro (0.0)


RMBS Forecast + Options Trading Strategies   RMBS  Rambus (-0.0)


SE Forecast + Options Trading Strategies   SE  Sea (-0.0)


AGQ Forecast + Options Trading Strategies   AGQ  ProShares Ultra Silver (-0.0)


LULU Forecast + Options Trading Strategies   LULU  Lululemon Athletica inc. (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against BYND



DHT Forecast + Options Trading Strategies   DHT  DHT (-0.69)


LBRT Forecast + Options Trading Strategies   LBRT  Liberty Oilfield Services (-0.69)


URNM Forecast + Options Trading Strategies   URNM  North Shore Global Uranium Mining (-0.69)


FRO Forecast + Options Trading Strategies   FRO  Frontline (-0.71)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.75)





Become a more profitable investor with AI optimized trading strategies






×

Chat with BYND


 Ask any question about BYND!