Beyond Meat, a maker of faux meat products, has seen its stock price surge by 80% over the past week. A Dubai-based trader, Dimitri Semenikhin, who had initially predicted an undervalued company, is now warning that his views may not be aligned with retail traders’ frenzy-driven expectations. Semenikhin believes the stock could reach $6-$8 in the medium term but acknowledges that it’s no longer trading on fundamental analysis alone. With the rally showing signs of exhaustion, Semenikhin advises caution and cautions that a potential for further gains remains.
Source: https://www.businessinsider.com/beyond-meat-retail-trader-bynd-meme-stocks-bullish-outlook-2025-10