Where Will Beyond Meat Be in Five Years?
Seemingly everything has gone right for Beyond Meat (NASDAQ: BYND) since its market debut earlier this year. The stock has improbably soared by triple digits and landed the business a market cap of more than $10 billion. On the one hand, that's a heck of a premium for current operations. On the other hand, second-quarter 2019 results show that the company is growing at an incredible clip and might even be capable of doing so profitably.
Investors looking to play the animal-free protein revolution might feel stuck between that hefty premium and eye-popping growth. Will Beyond Meat make the most of its first-mover advantage or will it ultimately fumble away the opportunity to newcomers? How long can the incredible pace of growth keep up? To try to determine reasonable, nuanced answers to these questions and more, let's look at where Beyond Meat could end up five years from now.
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