Why Investors Bailed on Beyond Meat Last Month

Beyond Meat stock dropped nearly 20% in May following disappointing Q1 2026 earnings. The company reported a 15% year-over-year revenue decline to $58 million and missed analyst estimates, with significant volume declines across all sales channels. While the company's new Beyond Immerse protein drink line shows some promise, analysts remain concerned about competition in both the saturated alt-meat and beverage markets.