Beyond Meat is attempting to reposition its plant-based protein business.
The stock has been volatile, but investors should focus on the business rather than the stock.
In late 2025, Beyond Meat (NASDAQ: BYND) briefly looked poised to become the next meme stock. The shockingly swift price advance fizzles out fairly quickly, but the stock has gone through a number of material swings so far in 2026. Could Beyond Meat see renewed interest from meme stock investors? Maybe, but here's what you need to know before you jump into the fray.
The big story around Beyond Meat right now is that it has decided to expand its focus. While it is still making plant-based meat alternatives, it is now also making plant-based protein drinks. In fact, it just inked a deal for broader distribution of its Beyond Immerse beverage. This expansion of the business is probably a good move.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Image source: Getty Images.
Although the company's Beyond Meat burgers launched to great fanfare, the company's sales have been trending lower for years. And it has yet to produce a sustainable profit. Basically, it is still just a money-losing consumer staples start-up.
The problem with all of this is that the packaged food sector is highly competitive and dominated by large companies. It is hard to stand out from the pack, and Beyond Meat's products aren't as unique as they used to be. Most investors should probably avoid the stock.
This is the important background you need to consider as you watch the stock price. A rapid stock price advance won't change the business's fundamentals, which are troubling at best. And a single good quarter won't be enough to decide that the tides have turned for Beyond Meat. But meme stock advances aren't driven by fundamentals; they are largely driven by emotion and greed.
Unless a stock price advance is backed up by a sustained improvement in the company's financial performance, Beyond Meat's shares will probably just fall back down again. That's exactly what happened with AMC Entertainment (NYSE: AMC). And AMC was able to sell huge amounts of stock at lofty prices, giving the business a cash cushion. Without a sustained improvement in the business, however, meme stock investors eventually lost interest in AMC.
Greed is a powerful motivator on Wall Street. Watching a meme stock skyrocket can leave you feeling like you are being left behind. Don't get caught up in that type of short-term thinking. If Beyond Meat gets caught up in a meme stock buying frenzy following a single quarter's earnings, you should continue to focus on the long-term fundamentals of the business. Until the business story sustainably improves, Beyond Meat's long-term prospects as a business and an investment are likely to be bleak.
Before you buy stock in Beyond Meat, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Beyond Meat wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $473,985!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,204,650!*
Now, it’s worth noting Stock Advisor’s total average return is 950% — a market-crushing outperformance compared to 203% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of May 6, 2026.
Reuben Gregg Brewer has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Beyond Meat. The Motley Fool has a disclosure policy.