BTIG analyst Marvin Fong maintains $Beyond (BYON.US)$ with a hold rating.
According to TipRanks data, the analyst has a success rate of 38.1% and a total average return of -6.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Beyond (BYON.US)$'s main analysts recently are as follows:
Beyond has been taking calculated measures to reduce fixed costs and expand its operations, which is anticipated to greatly enhance shareholder value in the coming years. Analysts believe that the company's leadership has a robust plan for fostering profitable revenue growth. Meaningful advancements in both revenue and earnings are forecasted to commence in 2025, propelled by the growth of Overstock.com's close-out business, Zulily's reaffirmation in the online market, and Bed Bath & Beyond's deeper penetration into the physical retail space via broader partnerships.
The firm describes the risk-reward scenario as captivating, with considerable potential in the optimistic scenario where Beyond manages to effectively combine Bed, Bath and Beyond, Overstock, and Zulily, despite the individual successes and challenges of each. Acknowledging the substantial tasks faced by the company's management, which are occurring concurrently and pose risks to execution, the firm anticipates gaining deeper insights into the core operations of the three brands during the forthcoming investor event later this week.
Note:
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