Beyond Meat

Foodtech / plant-basedUSA
πŸ“‰ Public < $1B
PeakΒ $13.9 BillionToday
βˆ’98%
from peak
  1. πŸ¦„
    Became a unicorn
    2019
  2. πŸ“ˆ
    Peak valuation
    $13.9 Billion ’19
  3. πŸ’”
    Became a Unitard
    2023
  4. πŸ’Έ
    Last valuation
    ~$350M
Current status
Public (Nasdaq: BYND); market cap ~$0.4B (2026), down ~97% from its 2019 peak amid impairment charges.
Live Β· BYNDΒ· NasdaqGS
as of 2026-06-29
$0.678β–Ό 2.84% today
β‰ˆΒ $350 Million market cap Β· βˆ’97.5% from peak

How it happened

Beyond Meat makes plant-based burgers, sausages and ground 'meat' meant to mimic animal protein, and its May 2019 IPO was one of the most explosive debuts in years, its market value rocketing to about $13.85B that July. As the plant-based hype faded, growth stalled and losses mounted, the stock fell roughly 97%; by 2026 the company was worth around $0.4B, weighed down by shrinking sales, heavy debt and an inventory-impairment charge. Glassdoor reviews from the slide are strikingly consistent: staff praised colleagues and the mission but faulted leadership drawn largely from research and academia rather than packaged-food manufacturing, and recounted constant strategy churn, heavy celebrity-marketing spend, and repeated layoffs.

Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor β†—. See our methodology.

Source: CNBC / Macrotrends / companiesmarketcap (peak market cap ~$13.85B July 2019, $234.90 ATH; ~$0.4B market cap by 2026; Q3 2025 material impairment, delayed annual report)

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