What Are Wall Street Analysts' Target Price for Bristol-Myers Squibb Stock?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 31 2025
0mins
Should l Buy BMY?
Source: NASDAQ.COM
Company Overview: Bristol-Myers Squibb is a leading biopharmaceutical company with a market cap of $119.8 billion, focusing on treatments for various diseases and showing a 19.7% gain over the past year, slightly lagging behind the S&P 500's 23.3% surge.
Stock Performance and Analyst Ratings: Following strong Q3 results, BMY's stock rose 5.9%, with analysts maintaining a consensus rating of "Moderate Buy" and projecting potential price increases, despite anticipated declines in earnings for fiscal 2024.
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Analyst Views on BMY
Wall Street analysts forecast BMY stock price to fall
20 Analyst Rating
8 Buy
11 Hold
1 Sell
Moderate Buy
Current: 59.860
Low
37.00
Averages
55.86
High
68.00
Current: 59.860
Low
37.00
Averages
55.86
High
68.00
About BMY
Bristol-Myers Squibb Company is a global biopharmaceutical company. It is engaged in the discovery, development and delivery of transformational medicines for patients facing serious diseases in areas: oncology, hematology, immunology, cardiovascular, neuroscience and other areas. Its growth portfolio includes Opdivo (nivolumab), Opdivo Qvantig (nivolumab and hyaluronidase-nvhy), Yervoy (ipilimumab), Reblozyl (luspatercept-aamt), Opdualag (nivolumab and relatlimab-rmbw), Breyanzi (lisocabtagene maraleucel), Camzyos (mavacamten), Zeposia (ozanimod), Abecma (idecabtagene vicleucel), and Sotyktu (deucravacitinib). Its other growth products include Onureg, Inrebic, and Empliciti. Its legacy portfolio includes Eliquis (apixaban), Revlimid (lenalidomide), Pomalyst/Imnovid (pomalidomide), Sprycel (dasatinib), and Abraxane (paclitaxel albumin-bound particles for injectable suspension). Opdivo (nivolumab) is a fully human monoclonal antibody that binds to the PD-1 on T and NKT cells.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Future Expansion Plans: The White House indicated that discounts from 11 additional pharmaceutical companies that have agreements with the administration will be available soon, aiming to broaden drug options and improve health outcomes for Americans by lowering drug prices.
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- Strong Growth Portfolio: Bristol-Myers Squibb's growth portfolio increased by 15% year-over-year in Q4 2025, reaching $7.4 billion and now accounting for nearly 60% of total revenue, demonstrating the company's execution strength and competitive position in its long-term growth strategy.
- Significant New Drug Contributions: Opdualag, Breyanzi, and Camzyos each contributed over $1 billion in annual sales, while Reblozyl exceeded $2 billion, indicating the company's success in drug development and market penetration.
- Optimistic Future Outlook: The company projects 2026 revenue between $46 billion and $47.5 billion, with adjusted EPS guidance of $6.05 to $6.35, reflecting ongoing confidence in the growth portfolio and the effectiveness of its cost-saving initiatives.
- Robust Financial Position: As of December 31, 2025, the company reported approximately $11 billion in cash and marketable securities, with $2 billion in operating cash flow for Q4 and the completion of a $10 billion debt paydown ahead of schedule, showcasing strong financial flexibility and ongoing investment capability.
See More
