Beyond Meat Inc vs DigitalOcean Holdings Inc — how do they compare? Beyond Meat Inc trades at $0.43 (market cap $215.41M), while DigitalOcean Holdings Inc trades at $123.33 (market cap $14.21B). The key difference: DigitalOcean Holdings Inc is far larger — about 66× Beyond Meat Inc's market cap, and DigitalOcean Holdings Inc is trading nearer its 52-week high, Beyond Meat Inc nearer its low. Which is the better fit depends on your goals.
| BYND | DOCN | |
|---|---|---|
Market Cap | $215.41M | $14.21B |
Sector | Consumer Staples | Technology |
52-Week High | $3.62 | $181.29 |
52-Week Low | $0.42 | $29.99 |
Enterprise Value | $455.69M | $14.97B |
Trailing returns across standard periods
Beyond Meat is a provider of plant-based meats, such as burgers, sausage, ground beef, and chicken. Unlike other vegetarian products, Beyond Meat seeks to replicate the look, cook, and taste of meat, is targeted to omnivores and vegetarians alike, and is sold in the meat case. The products are widely available across the U.S. and Canada and in 83 additional countries as well. International revenue represented 31% of 2021 sales. The firm's products are available in retail stores and the food-service channel. In 2019, before the pandemic struck, sales were evenly split between these two channels, although mix stood at 70% retail/30% food service in 2021. We think the recovery from the crisis and new deals with McDonald's and Yum Brands will return food-service sales to nearly 50% in time.
Read more on BYND →DigitalOcean Holdings Inc is a cloud computing platform offering on-demand infrastructure and platform tools for developers, start-ups and small and medium-sized businesses. The customers use the platform for a wide range of cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, and managed services, among many others. The group has a business presence in North America, Europe, Asia and other countries.
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