Los Angeles — It’s 1:02 p.m. PDT on May 6, 2026.
Beyond Meat clawed its way back above the $1 mark late Wednesday, with shares quoted at $1.02 just ahead of its first-quarter earnings release after the bell. The stock had finished Tuesday under that psychological line.
The closing price isn’t just a daily blip. Beyond got hit with a Nasdaq deficiency notice back in March after its shares traded under $1 for 30 consecutive sessions, triggering a compliance clock that runs until Aug. 31.
After a tough 2025 and a filing season that took longer than expected, investors want to see if the business finally steadied. Beyond is projecting net revenue in the first quarter at $57 million to $59 million—coming in short of the $61.6 million it posted in the fourth quarter.
The previous quarter wasn’t pretty. Revenue dropped 19.7% year-on-year, and CEO Ethan Brown pointed to “ongoing headwinds in the plant-based meat category.” Adjusted losses missed estimates as well, Reuters noted. Reuters
Beyond’s had to address its own paperwork issues, too. The company disclosed getting a Nasdaq notice in April due to its delayed 2025 Form 10-K. It said the report went in on April 9, bringing it back into compliance.
But that uptick in the stock isn’t enough to fix Nasdaq’s compliance issue on its own. Beyond must keep the closing bid at or above $1 for a stretch of 10 consecutive business days. The company’s also cautioned that if it can’t sort this out, it faces possible delisting, thinner liquidity, or maybe a reverse split.
Brown’s rebrand is on the line with this earnings report. Beyond is leaning into its “Beyond The Plant Protein Company” identity, branching out from burgers toward drinks, bars, and more straightforward plant-based fare. Rivals like Impossible Foods and Eat Just aren’t standing still—they’re chasing the same protein-hungry crowd. NIQ’s Chris Costagli told AP that tighter label scrutiny has tripped up some products. AP News
The company’s been rolling out new distribution to support its strategy. In April, Beyond announced that Big Geyser would take on Beyond Immerse—their debut functional beverage line—covering over 26,000 locations in the New York metro region.
Meat substitutes are still on the menu. Beyond said last month it launched Beyond Chicken Pieces Spicy Buffalo in over 2,000 Kroger stores. Brown described it as another step toward building what he called an “industry-leading portfolio” of cleaner plant-based products. Beyond Meat, Inc.
The real challenge: are these launches sufficient to counter sluggish demand in the main segment? According to AP, U.S. retail sales for plant-based meat have tumbled since their 2020 high, and Beyond’s filings highlight ongoing issues—softer demand, intensifying competition, and capital concerns.
Beyond’s conference call kicks off at 5 p.m. Eastern, 2 p.m. Pacific. Eyes on revenue, gross margin, and cash burn—those are the big three. Fourth number to watch: the stock.
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