Beyond Meat: Leveraging First Mover Advantage Into Long-Term Market Leadership

|
About: Beyond Meat, Inc. (BYND)
by: Singular Research
This article is exclusive for subscribers.
Singular Research
Research analyst, long/short equity, long only, special situations
Summary

BYND provides investors with an attractive investment opportunity to benefit from structural growth in the fresh plant-based meat category.

BYND is a unique play on the plant-based meat category which is experiencing robust growth from rising consumer awareness of the perceived negative health, environmental, and animal welfare impacts of animal-based food.

Management believes that plant-based meat can capture 13%, or $35 billion in sales, of the U.S. meat market over time, compared to a current market share of 0.5%.

Data by YCharts

Price (as of close on Dec 31, 201 9)

$ 75.60

Rating

BUY

12- Month Target Price

$ 107.75

Beyond Meat Inc. (BYND)

BYND is a unique play on the