Brew Markets

Is Beyond Meat Beyond Hope? & The Sneaker Race is ‘On’ with Nike and HOKA

Nov 12, 2025
Discover the turmoil surrounding Beyond Meat as its stock plummets and it faces tough implications for the plant-based sector. Examine On's impressive earnings and its record-breaking marathon shoe launch. Delve into Sony's financial strategy and successful IP, and find out why Oklo is seeing a rise in shares despite ongoing losses. Finally, meet the visionary behind Metzera, whose company is sparking a bidding war between major pharmaceutical players.
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INSIGHT

The Plant-Based Boom Has Deflated

  • Beyond Meat's market cap collapsed from over $10B to about $485M amid weak demand and missed quarters.
  • The stock now behaves like a meme play with over 80% retail ownership and scant analyst coverage.
INSIGHT

Cash Burn And Silent Answers Signal Risk

  • Beyond Meat burned over $100 million in cash in one quarter and repeatedly missed expectations this year.
  • Management delayed results and avoided clear answers on post-refinancing liquidity, signaling serious distress.
INSIGHT

On Is Turning Premium Power Into Growth

  • Swiss shoe company On grew net sales 25% and raised full-year guidance after product wins and marathon records.
  • On's premium positioning — price increases and no Black Friday discounts — suggests rising brand power against Nike and Hoka.
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