Fundamentals:
Beyond Meat generated $30 million in losses just last year on
revenue of $88 million, and it will need to continue investing
in its operations in the near future. (The IPO raised about
$1.5 billion for the company at the IPO's $25 a share price.
Overvauled and in a bubble??
Now valued at about $5 billion based on investors' faith that
the alternative meat market will boom, this is not a good enough
reason to sustain these levels much longer. Careful if you go short
this stock can stay irrational longer than you can stay solvent.
Beyond Meat generated $30 million in losses just last year on
revenue of $88 million, and it will need to continue investing
in its operations in the near future. (The IPO raised about
$1.5 billion for the company at the IPO's $25 a share price.
Overvauled and in a bubble??
Now valued at about $5 billion based on investors' faith that
the alternative meat market will boom, this is not a good enough
reason to sustain these levels much longer. Careful if you go short
this stock can stay irrational longer than you can stay solvent.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.