Futu News on January 14 news, following yesterday's 19% rise, today's U. S. stock market before Beyond Meat strengthened again. As of press time, the stock rose 8.33% to $123.87 before trading.It is worth noting that the stock has risen more than 53% in the past five trading days.

According to analysts at Seeking Alpha, Beyond Meat's revenue in 2020 will reportedly reach $486 million, 73% higher than the expected revenue of $281 million in 2019 (which is also higher than the company's guidance for 2019).

Based on this expectation, the forward price-to-sales ratio of Beyond Meat can reach 14.5 times.Analysts also expect Beyond Meat to generate earnings of 33 cents a share in 2020, meaning its share price is more than 346 times earnings per share.

McDonald's Corp, a global restaurant chain, announced on Jan. 8 that it would expand its cooperation with artificial head giant Beyond Meat to expand the number of Canadian artificial meat hamburger pilot stores from 28 to 52, and extend the pilot period for another three months.

In September 2019, McDonald's Corp launched a botanical artificial meat hamburger product P.L.T. With Beyond Meat on a pilot basis in 28 Canadian stores, priced at 6.49 Canadian dollars (about 35 yuan) for 12 weeks.

According to an industry research report released by UBS, an investment bank, the McDonald's Corp store under test can sell about 20 to 30 P.L.T hamburgers a day, while in downtown, where young people are more concentrated, stores can sell more than 100 P.L.T hamburgers a day.UBS analyst Steven Strycula estimatesIf you shop in McDonald's Corp's 14000 stores in the United States, Beyond Meat's artificial meat burgers can sell about 250 million hamburgers a year.Annual sales are expected to increase by $325 million and annual revenue by $300m.

It is worth mentioning that the media reported that the largest Beyond MeatCompetitor Impossible Foods suspended cooperation negotiations with McDonald's Corp because of "capacity problems".

In June 2019, White Castle, an American hamburger chain that worked with Impossible foods, experienced a month-long shortage of artificial beef patties. Beyond Meat had already encountered supply difficulties in 2017 and 2018, when hamburger chain Amalw Canada announced a shortage of Beyond Burgers stocks shortly after it launched its veggie burger nationwide in Canada.

In additionMarket research firm CFRA predicts that sales in the global artificial meat industry will grow from $19 billion in 2018 to $100 billion by 2030.

It is also reported that the domestic artificial meat company "rare Meat" is seeking financing of 2 million US dollars. The one-year-old company has already raised $5 million.