Beyond (NYSE:BYON) Price Target Cut to $37.00 by Analysts at Wedbush

Beyond (NYSE:BYON) had its price objective dropped by investment analysts at Wedbush from $43.00 to $37.00 in a note issued to investors on Wednesday, MarketBeat Ratings reports. The firm currently has an “outperform” rating on the stock. Wedbush’s price target would indicate a potential upside of 111.91% from the company’s previous close. Wedbush also issued estimates for Beyond’s FY2026 earnings at $0.87 EPS.

Several other equities analysts also recently commented on BYON. Piper Sandler dropped their price objective on shares of Beyond from $27.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, April 18th. Barclays lifted their price target on Beyond from $24.00 to $30.00 and gave the company an “equal weight” rating in a research note on Thursday, February 22nd. Maxim Group dropped their price objective on shares of Beyond from $50.00 to $36.00 and set a “buy” rating for the company in a report on Wednesday. Needham & Company LLC downgraded shares of Beyond from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, Compass Point initiated coverage on Beyond in a report on Thursday, February 1st. They issued a “buy” rating and a $45.00 price objective for the company. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $32.83.

Beyond Stock Performance

Shares of BYON opened at $17.46 on Wednesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.45 and a current ratio of 1.51. Beyond has a 52-week low of $13.71 and a 52-week high of $39.27. The company has a market cap of $798.50 million, a price-to-earnings ratio of -2.14 and a beta of 3.92. The firm has a fifty day simple moving average of $28.74.

Beyond (NYSE:BYON) last released its earnings results on Monday, May 6th. The company reported ($1.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.92) by ($0.30). The business had revenue of $382.28 million during the quarter, compared to the consensus estimate of $389.36 million. Beyond had a negative net margin of 19.72% and a negative return on equity of 16.92%. The business’s revenue was up .3% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.10) EPS. As a group, research analysts forecast that Beyond will post -1.85 EPS for the current fiscal year.

Beyond Company Profile

Beyond, Inc operates as an online retailer of furniture and home furnishings products in the United States and Canada. The company offers furniture, bedding and bath, patio and outdoor gear, area rugs, tabletop and cookware, décor, storage and organization, small appliances, home improvement, and other products under the Bed Bath & Beyond brand.