NEW YORK, May 1, 2026, 09:31 EDT
Beyond Meat climbed back above the $1 mark ahead of Friday’s bell, building on a rapid recovery as traders awaited the plant-based protein maker’s first-quarter numbers on May 6. The company plans to release results for the period ended March 28 after the market closes, with a conference call set for 5 p.m. Eastern.
The timing is crucial here. Beyond ran into trouble after missing its 2025 Form 10-K deadline—a misstep that prompted a Nasdaq notice over the late SEC filing. It wasn’t until April 9 that the company submitted the annual report and declared it was back in compliance.
Thursday’s action underscored the stock’s volatility. Shares finished up 20.7% at 98.41 cents, snapping a two-day slide as volume spiked to 165.4 million—triple the 50-day average of 54 million. Still, even after the rally, the stock remained 87.2% off its 52-week high.
Investors will be watching the May 6 numbers for signs that the business is finding its footing, not just tracking the stock’s moves. In its updated release for the fourth quarter and 2025, Beyond reported a 19.7% decline in fourth-quarter net revenue to $61.6 million, with product volume sliding 22.4%. The company now sees first-quarter net revenue landing between $57 million and $59 million.
Last month, Chief Executive Ethan Brown pointed to “ongoing headwinds in the plant-based meat category” and restructuring charges as key factors behind the results. Beyond Meat posted an adjusted EBITDA loss of $69 million, missing analysts’ expectations, according to Reuters. Reuters
Another angle has cropped up in trading chatter. On April 30, Military Times said the U.S. Army is exploring alternative-protein tech for field rations—think fermentation, biomanufacturing, that sort of thing—but there was no mention of any deal with Beyond Meat in the official notice.
Beyond wants investors to look past sluggish meat alternative sales and focus on its wider push into plant protein. Earlier this month, the company secured a Big Geyser distribution deal that, according to Beyond, unlocks more than 26,000 New York-area outlets for its Beyond Immerse beverage. It’s also rolling out Beyond Chicken Pieces Spicy Buffalo at over 2,000 Kroger stores.
This isn’t an isolated shift. According to AP, Eat Just launched a mung bean protein powder, while Impossible Foods linked up with Equii Foods to bring out breads and pastas loaded with protein. Silk, for its part, has put a protein drink on shelves. Chris Costagli, who tracks food trends at NIQ, noted that tougher scrutiny of labels has tripped up some plant-based lines.
Wall Street isn’t convinced. TD Cowen slashed its price target down to 60 cents from 80 cents and stuck with a Sell rating after the company’s fourth-quarter numbers. Mizuho also dropped its target—now 50 cents, previously $1—maintaining an Underperform call and pointing to soft first-quarter guidance and ongoing pressure across business lines.
There’s downside here, too. Should first-quarter sales slip under the projection, or if those past controls and filing headaches come back, the stock’s bounce could evaporate quickly; Nasdaq, for its part, already flagged that Beyond’s closing price had dipped below $1, giving the company until Aug. 31 to fix it—possibly with a reverse split on the table.
May 6 stands as the next test. Investors will see if Beyond’s latest product rollout is enough to counter sluggish demand for burgers and chicken, or if this is just another shuffle in a battered, closely scrutinized stock.
