Following Beyond Meat, Oatly have declined so heavily recently that their stock price has hit all time lows of $9.24 from their height of $28.93. With the world looking for dairy alternatives, plant based diets becoming increasingly popular and Dairy almost feeling outlawed it was a shock to see this company perform so badly.

With revenue of $635Million vs the projected $694Million (a near 10% miss) the company blamed this on supply issues and post covid disturbance. This could mean a factor of things such as not being able to get ingredients needed on time or at an expected cost but it could also just be another blame game. Covid is the easiest thing ever to blame losses on but in times of farms shutting down and consumers becoming more health conscious it should have meant that their leading product Oatly Milk replacement was flying off the shelves.

Other Oatly products include Oatgurt (yoghurt replacement), Oat Fraiche and their Ice cream available in 6 different flavours should have given this company enough reason to perform well and be able to deliver their products on time without any issues.

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Seeing this stock stay above $9 does give us reason to believe that it won’t slip further and that bottom pickers will be buying this stock with hopes of long term gains could see this brand rise up once again. The issue is what will stop supply chain issues and are their products actually any good?