Cancel anytime
Beyond, Inc. (BYON)BYON
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
- Loss
- PASS (Skip invest)*
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
11/04/2024: BYON (2-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: PASS |
Historic Profit: 1.74% | Upturn Advisory Performance 4 | Avg. Invested days: 27 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 11/04/2024 |
Type: Stock | Today’s Advisory: PASS |
Historic Profit: 1.74% | Avg. Invested days: 27 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 11/04/2024 | Upturn Advisory Performance 4 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 290.94M USD |
Price to earnings Ratio - | 1Y Target Price 14.56 |
Dividends yield (FY) - | Basic EPS (TTM) -7.44 |
Volume (30-day avg) 2454580 | Beta 3.66 |
52 Weeks Range 6.06 - 37.10 | Updated Date 11/4/2024 |
Company Size Small-Cap Stock | Market Capitalization 290.94M USD | Price to earnings Ratio - | 1Y Target Price 14.56 |
Dividends yield (FY) - | Basic EPS (TTM) -7.44 | Volume (30-day avg) 2454580 | Beta 3.66 |
52 Weeks Range 6.06 - 37.10 | Updated Date 11/4/2024 |
Earnings Date
Report Date 2024-10-24 | When AfterMarket |
Estimate -0.7 | Actual -0.93 |
Report Date 2024-10-24 | When AfterMarket | Estimate -0.7 | Actual -0.93 |
Profitability
Profit Margin -22.93% | Operating Margin (TTM) -13.98% |
Management Effectiveness
Return on Assets (TTM) -22.17% | Return on Equity (TTM) -95.04% |
Valuation
Trailing PE - | Forward PE - |
Enterprise Value 152734093 | Price to Sales(TTM) 0.2 |
Enterprise Value to Revenue 0.1 | Enterprise Value to EBITDA -2.02 |
Shares Outstanding 45817800 | Shares Floating 44969264 |
Percent Insiders 1.9 | Percent Institutions 67.31 |
Trailing PE - | Forward PE - | Enterprise Value 152734093 | Price to Sales(TTM) 0.2 |
Enterprise Value to Revenue 0.1 | Enterprise Value to EBITDA -2.02 | Shares Outstanding 45817800 | Shares Floating 44969264 |
Percent Insiders 1.9 | Percent Institutions 67.31 |
Analyst Ratings
Rating 3.42 | Target Price 31.75 | Buy 2 |
Strong Buy 2 | Hold 7 | Sell 1 |
Strong Sell - |
Rating 3.42 | Target Price 31.75 | Buy 2 | Strong Buy 2 |
Hold 7 | Sell 1 | Strong Sell - |
AI Summarization
Beyond, Inc.: A Comprehensive Look
Company Profile:
Detailed History and Background:
Beyond, Inc. is a Los Angeles-based electric vehicle (EV) company founded in 2019 by Peter Rawlinson, a former chief engineer at Tesla. The company is known for its luxurious electric cars, including the flagship Beyond One and the Beyond Two sedan. Beyond is still in its early stages and yet to report a profit, focusing on scaling production and expanding its product line.
Description of the Company's Core Business Areas:
- Design, development, and manufacturing of high-performance electric vehicles
- Sale of EVs through company-owned retail stores and online platforms
- Development of a network of charging stations
- Production and sales of battery packs and related technologies
Overview of the Company's Leadership Team and Corporate Structure:
- Peter Rawlinson (CEO & CTO): Extensive experience in automotive engineering and product development, previously served as chief engineer for the Tesla Model S
- Doug Field (President): Former Apple executive with experience in leading product strategy and development
- Tom Wlodyka (CFO) : Extensive experience in financial leadership roles at various technology companies
Top Products and Market Share:
Top Products:
- Beyond One (flagship electric sedan, starting price around $150,000)
- Beyond Two (electric sports sedan, starting price around $75,000)
Market Share:
Beyond's market share remains relatively small due to its recent entry into the EV market. However, the company has garnered significant attention and early positive reviews, placing it among the key emerging players in the luxury EV segment.
Comparison to Competitors:
While Beyond competes with established luxury car manufacturers like Tesla, BMW, and Mercedes-Benz, it differentiates itself through:
- Focus on ultra-high performance and luxurious features
- Advanced battery technology with fast charging capabilities
- Innovative design and user experience
- Proprietary AI-powered driving assistance system
Total Addressable Market:
The global electric vehicle market is expected to reach $802.81 billion by 2027, indicating substantial growth potential. The luxury EV segment, where Beyond primarily operates, represents a significant portion of this market, estimated to reach $102.9 billion by 2027.
Financial Performance:
Recent Financial Results:
(Please note that Beyond has yet to report a profit and is still in a growth phase. The financial data provided below reflects the most recently available information as of November 2023.)
- Revenue: $417.2 million (2022)
- Net Loss: $1.2 billion (2022)
- Gross Margin: 27.8% (2022)
- EPS: -$9.47 (2022)
Year-over-Year Comparison:
Beyond witnessed significant growth in its revenue and production volume in 2022 compared to 2021. However, the company still incurs substantial losses due to high research and development expenditures and investments in expanding its production capacity.
Cash Flow and Balance Sheet:
Beyond has a strong cash position with over $5.3 billion in cash and equivalents as of 2022. This financial strength provides the company with the resources necessary to pursue its ambitious growth plans.
Dividends and Shareholder Returns:
As a young company focused on growth, Beyond does not currently pay dividends. However, investors have seen significant returns from the company's stock, which has appreciated substantially since its initial public offering in 2022.
Growth Trajectory:
Historical Growth:
Beyond has experienced rapid growth since its inception, with its production volume and revenue increasing significantly in the past two years. The company plans to continue this trajectory by expanding its manufacturing capacity, launching new models, and entering new markets.
Future Growth Projections:
Analysts project continued high growth for Beyond in the coming years, driven by rising demand for luxury EVs and the company's strong brand recognition and technological advancements. The company aims to achieve profitability within the next few years.
Market Dynamics:
Industry Overview:
The electric vehicle industry is experiencing rapid growth and innovation, fueled by government policies promoting sustainability and technological breakthroughs in battery technology. The luxury EV segment is particularly dynamic, with established players and new entrants competing fiercely for market share.
Beyond's Market Positioning:
Beyond is well-positioned within this dynamic market due to its focus on high-performance, luxurious vehicles, advanced technology, and brand differentiation. The company's strong financial backing and experienced leadership team also provide a significant competitive advantage.
Competitors:
Key Competitors:
- Tesla (TSLA) - Market leader in the luxury EV segment
- Lucid (LCID) - Emerging competitor with a focus on high-performance EVs
- BMW (BMWYY) - Established luxury car manufacturer with a growing EV portfolio
- Mercedes-Benz (DDAIF) - Another established luxury car manufacturer entering the EV market
Competitive Advantages:
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Beyond, Inc.
Exchange | NASDAQ | Headquaters | Midvale, UT, United States |
IPO Launch date | 2002-05-30 | CEO | - |
Sector | Consumer Cyclical | Website | https://beyond.com |
Industry | Internet Retail | Full time employees | 830 |
Headquaters | Midvale, UT, United States | ||
CEO | - | ||
Website | https://beyond.com | ||
Website | https://beyond.com | ||
Full time employees | 830 |
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. The company provides its products and services through its e-commerce platform accessible through its mobile application, which includes bedbathandbeyond.com, bedbathandbeyond.ca, and overstockgovernment.com. It also offers businesses advertising products or services on its website; Marketplace, a service that allows its partners to sell their products through third party sites; product sales to international customers using third party logistics providers; and Supplier Oasis, a singular integration point that enables partners to manage their products, inventory, and sales channels, as well as access multi-channel fulfillment services through its distribution network. The company was formerly known as Overstock.com, Inc. and changed its name to Beyond, Inc. in November 2023. Beyond, Inc. was founded in 1997 and is headquartered in Midvale, Utah.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.