Beyond's Road To Profitability Gets Bumpier: Analyst Warns Of Volatility As EBITDA Milestone Delayed
1. Analyst downgraded Beyond, Inc. from Buy to Hold, citing unfavorable risk-reward. 2. Revenue estimates significantly reduced, impacting the company's stock outlook. 3. Adjusted EBITDA-positive milestone delayed to 2027, increasing potential volatility. 4. FY25 EBITDA projected at $(59.6) million, less negative than prior estimate. 5. Management cut costs; however, concerns about sustaining revenue growth remain.