Planethic Group with 150% upside, Beyond Meat slumps, Delivery Hero scores – Alpha in FoodTech!

Planethic Group – From vegan pioneer to FoodTech holding company

What began in 2011 as a traditional supplier of plant-based foods has now developed into a prime example of innovation and strategic realignment in the FoodTech sector. Following its successful transformation, the holding company now has four subsidiaries and brands: Mililk, an innovative 2D printing technology for the efficient and sustainable production of milk alternatives, juices, smoothies, and soups; Happy Cheeze (plant-based cheese alternatives), Peas on Earth (plant-based meat alternatives made from pea protein), and Veganz – the Company's original brand with a wide range of vegan products.

Planethic now supplies over 28,000 retail outlets across 26 countries – from discount stores to organic markets – and operates several production facilities. The core of future growth is Mililk, an exclusively licensed 2D printing process for the production of alternative dairy products. The technology makes it possible to significantly reduce raw material, logistics, and storage costs and to dramatically increase the shelf life of the products.

According to the Company, Planethic is exploring both the entry of external investors at the Mililk level and a potential IPO of the subsidiary on the Nasdaq in the second half of 2026. Such moves could allow investors to benefit from significantly higher stock valuations. The Berlin-based company had already demonstrated the potential of its balance sheet at the end of the first half of the year: the sale of its subsidiary OrbiFarm generated approximately EUR 30 million, payable in several tranches through 2028. Additionally, Planethic retains substantial exposure to OrbiFarm's success via a 25% stake with profit-sharing rights.

The Berlin-based company also holds investments in IP Innovation Partners Technology GmbH, a machine supplier that strengthens the value chain of 2D printing technology, and Suplabs GmbH, a company in the field of dietary supplements that expands the group's e-commerce expertise.

Planethic recently entered into a strategic licensing partnership with Vitiprints, the world's leading provider of 2D printing technology for food products, to achieve international market penetration. Analysts are bullish: First Berlin issued a "Buy" recommendation and set the price target at EUR 26. The share is currently trading at around EUR 10, giving it a market capitalization of EUR 21 million. Given its huge growth potential, the Planethic Group presents an extremely exciting investment story for investors.

Beyond Meat – Massive dilution for shareholders

The shares of the plant-based protein manufacturer recently recorded a daily loss of around 15%. Investors reacted somewhat negatively to two key announcements. First, existing shareholders face massive dilution as debt is converted into equity as part of a debt restructuring plan. Second, Beyond Meat warned its shareholders of an upcoming significant impairment of its long-lived assets.

Together, these measures clearly reflect the tense situation in which the former stock market star finds itself. According to analyst estimates, the NASDAQ stock will see little growth in the next two years, with annual sales likely to stagnate at around USD 280 million. The critical issue: the Company is posting annual losses exceeding USD 100 million. The only logical course of action is to reduce debt and clean up the balance sheet. Currently, Beyond Meat is valued at approximately USD 700 million.

Delivery Hero – Sells stake with 5x return, Q3 figures on November 13

On November 13, the Berlin-based company will release its third-quarter results. Typically, analysts from major firms provide guidance ahead of the announcement. Jefferies confirmed its price target of EUR 40.50, while the experts at JPMorgan are somewhat more conservative at EUR 34. The share is currently trading in the EUR 23 range, indicating significant upside potential.

We expect that the trend from the second quarter will continue into Q3: solid operational performance, in some cases even exceeding analysts' expectations. The only downside remains negative currency effects – the strong euro is weighing on the share price.

A positive development – albeit difficult to quantify – is the recent announcement that the Berlin-based company has sold its stake in the Saudi financial app Tabby. Including the partial sale in 2023, Delivery Hero would have more than quintupled its investment. However, the Company did not disclose the investment amount. From a timing perspective, the stock therefore remains an exciting opportunity.

The innovative FoodTech holding company Planethic Group has enormous potential. With Mililk and the existing partnerships and investments, strong international growth should be achievable quickly. The Berlin-based company has already demonstrated that there is high value lying dormant in its balance sheet with the sale of OrbiFarm. Delivery Hero is currently attracting investors, with analysts seeing significantly more than 50% upside potential. Beyond Meat, on the other hand, is no longer a success story. The road to profitability is simply taking far too long.