Beyond Meat Inc. ( BYND ) shares are trending on Thursday night.

BYND shares jumped 2.63% to $1.01 in overnight trading on Thursday.

The surge in the late trading session follows an intraday rally of 20.70%, which closed the plant-based protein company's stock at $0.98, according to Benzinga Pro data.

Earnings Catalyst On The Horizon

On Wednesday, Beyond Meat ( BYND ) announced it will release its first-quarter 2026 financial results for the quarter ended Mar. 28 after market close on May 6. Analysts estimate a first-quarter loss of 11 cents per share, with revenue of $58.01 million.

The upcoming quarterly data follows a difficult fourth quarter of 2025, reported in March, when BYND missed analysts' EPS estimates by 163.64%, posting a loss of 29 cents per share versus a consensus estimate of an 11-cent loss. Revenue totaled $61.59 million, narrowly missing the $62 million estimate, a 0.66% negative surprise.

Trading Metrics, Technical Analysis

Beyond Meat ( BYND ) has a market capitalization of $453.58 million, with a 52-week high of $7.69 and a 52-week low of $0.50.

The Relative Strength Index (RSI) of BYND stands at 58.91.

April analyst sentiment on the California-based company remains bearish.

The small-cap stock has dropped 60.32% over the past 12 months.

Currently, the stock is near its 52-week low.

Benzinga’s Edge Stock Rankings indicate that BYND is experiencing short-term upward movement along with medium and long-term consolidation.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.