Beyond Meat shares jump 2.63% after strong intraday rally ahead of Q1 earnings release

Beyond Meat's stock surged 2.63% overnight following a 20.7% intraday rally, closing near $1. The plant-based protein company is set to release its Q1 2026 earnings on May 6, with analysts expecting a loss of 11 cents per share on $58 million revenue. The stock has struggled over the past year, dropping over 60%, and currently trades near its 52-week low. Despite bearish analyst sentiment, recent trading shows short-term upward momentum as investors await the earnings report.