Is a Reverse Stock Split Coming for Beyond Meat?
AAPL
TSLA
AMZN
META
AMD
NVDA
PEP
COST
ADBE
GOOG
AMGN
HON
INTC
INTU
NFLX
ADP
SBUX
MRNA
AAPL
TSLA
AMZN
META
AMD
NVDA
PEP
COST
ADBE
GOOG
AMGN
HON
INTC
INTU
NFLX
ADP
SBUX
MRNA
AAPL
TSLA
AMZN
META
AMD
NVDA
PEP
COST
ADBE
GOOG
AMGN
HON
INTC
INTU
NFLX
ADP
SBUX
MRNA
Markets
BYND
Is a Reverse Stock Split Coming for Beyond Meat?
March 28, 2026 — 01:50 am EDT
Written by
Thomas Niel for
The Motley Fool->
-
-
-
-
-
Key Points
- Since 2021, Beyond Meat has lost 99.7% of its value, due to a mix of declining sales, heavy cash burn, and even heavier share dilution.
- A reverse stock split is likely, given that, without one, Beyond Meat will likely lose its Nasdaq market listing.
- A reverse split will have zero effect on fundamentals, so don't view it as a bullish sign if it happens.
- 10 stocks we like better than Beyond Meat ›
Forget about profiting from the "future of food." Today, Beyond Meat (NASDAQ: BYND) is just fighting for survival. Seven years ago, the stock was trading for over $230 per share, as investors bet big that the rise of plant-based diets, for health and environmental reasons, would eventually make upstarts like Beyond Meat among the largest food stocks.
Now, Beyond Meat stock trades for less than a dollar per share, and for a very good reason. With losses per share exceeding its stock price, and the stock itself facing delisting risk yet again, sentiment for this name is deeply bearish.
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 »
Making matters worse, the most likely remedy for Beyond Meat's key near-term issue, a reverse stock-split, will ultimately do little to improve the underlying situation.
Image source: Getty Images.
Beyond Meat and its 99.7% plunge from all-time highs
So, how did Beyond Meat go from Wall Street growth darling to the bottom of the barrel? First, shortly after the stock reached its all-time high in 2019, shares began trading more choppily as insiders cashed in and concerns about competition rose.
Shares recovered during the pandemic era as high growth persisted and growth stocks were highly favored. However, starting in mid-2021, Beyond Meat shares began a move that would ultimately result in a 99.7% decline. For one, total revenue began to decline, falling from $464.7 million in 2021 to $326.4 million in 2024. Forecasts call for 2025 revenue of just $275.9 million.
At the same time, operating losses ballooned, leading to severe cash burn. Despite cost-cutting efforts, annual operating losses have remained in the nine-digit range. For years, Beyond Meat covered this cash burn by using proceeds from a $1.15 billion convertible note offering in 2021. However, in late 2025, Beyond Meat had to redeem them for a combination of new convertible notes and common stock, leading to an exponential increase in the share count.
Why a reverse stock split won't solve much
Immediately after the conversion news, Beyond Meat shares surged, as meme traders briefly piled back into the stock. Not long after that, shares entered freefall as more fundamentals-based investors bid the stock down amid heavy shareholder dilution.
This is why Beyond Meat shares are now trading below $1, under threat of delisting from the Nasdaq. Speaking of which, make no mistake. If Beyond Meat reverse-splits to maintain its major market listing, don't expect this to improve the company's fundamentals one iota.
Whether it's priced at $0.07 or $7 per share, issues such as high losses and declining sales remain unresolved. Not only that, if the stock reverse-splits back above $5 per share, it will once again be easy for bearish investors to short it. Until the fundamental issues improve, the stock is likely to remain in its current dilution death spiral.
Should you buy stock in Beyond Meat right now?
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 $503,268!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,049,793!*
Now, it’s worth noting Stock Advisor’s total average return is 898% — a market-crushing outperformance compared to 182% 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 March 28, 2026.
Thomas Niel has no position in any of the stocks mention