Beyond Meat surges to nearly 500% gain since its IPO pricing

Beyond Meat's stock has continued to soar after its first-quarter earnings topped expectations on Thursday.

Shares are now trading more than 475% above their May initial-public-offering price of $25.

Wall Street has taken note and reevaluated price targets and expectations for the company.

Watch Beyond Meat trade live.

Beyond Meat has continued to climb at a torrid pace since releasing its first earnings report as a public company on Thursday.

Shares were up more than 11% early Monday, trading above $150 apiece. They have now gained more than 475% since pricing at $25 on May 1.

The gains are inflict more pain on short-sellers, who saw their losses climb above $150 million when the stock climbed above $100 a share. On Friday, the stock closed at $138.65.

After Thursday's close, the plant-based burger company reported revenue slightly above analyst expectations, as well as a loss that was narrower than anticipated. The results caused Wall Street analysts to reassess their price targets and valuations for the El Segundo, California-based company.

Credit Suisse's Robert Moskow and Jacob Nivasch raised their sales froecast and upped their price target to $125 from $70 while JPMorgan's Kevin Grundy hiked his target to $120 from $97.

Demand has soared for plant-based meat alternatives, and industry sales could exceed $100 billion in the next 15 years, wrote Ken Goldman and James Allen of JPMorgan in a note, with Beyond Meat claiming a $15 billion piece of the pie.

在Beyond Meat的股票在第四季度收益超过预期后继续飙升。目前，股票的交易价格比其5月25美元的首次公开募股价格高出475％以上。华尔街已经注意并重新评估了公司的价格目标和预期。 2001年周四早些时候发布第一份上市公司盈利报告以来，Beyond Meat继续以极快的速度攀升。周一早盘股价涨幅超过11％ ，每个交易价超过150美元。自5月1日定价25美元以来，它们的涨幅已超过475％。这些涨幅给卖空者带来了更大的痛苦，当股价攀升至每股100美元以上时，他们的损失超过了1.5亿美元。周五，该股收于138.65美元。在周四收盘后，这家以工厂为基础的汉堡公司报告收入略高于分析师的预期，以及比预期更窄的亏损。结果导致华尔街分析师重新评估其位于加利福尼亚州El Segundo的公司的价格目标和估值。 瑞士信贷的Robert Moskow和Jacob Nivasch提高了他们的销售额，并将其目标股价从70美元上调至125美元，而摩根大通的Kevin Grundy将他的目标从97美元上调至120美元。来自植物肉类替代品的需求飙升，未来15年行业销售额可能超过1000亿美元，摩根大通的肯·戈德曼和詹姆斯艾伦在一份报告中写道，Beyond Meat声称拥有150亿美元的馅饼点。