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BMEA Overview

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0.000(0.000%)Aft-market
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0.000
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ET
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Intellectia

Loading chart...

High
1.464
Open
1.370
VWAP
1.42
Vol
911.03K
Mkt Cap
102.67M
Low
1.370
Amount
1.29M
EV/EBITDA(TTM)
--
Total Shares
72.30M
EV
57.97M
EV/OCF(TTM)
--
P/S(TTM)
--
Biomea Fusion, Inc. is a clinical-stage diabetes and obesity medicines company focused on the discovery and development of oral covalent small molecules to improve the lives of patients with diabetes, obesity, and metabolic diseases. A covalent small molecule is a synthetic compound that forms a permanent bond to its target protein. The Company has built its proprietary FUSION System discovery platform to advance a pipeline of small molecule product candidates. Its lead clinical program’s drug candidate, icovamenib, is being developed as an orally bioavailable, and selective covalent inhibitor of menin in two clinical and multiple preclinical studies, investigating icovamenib’s potential in type 1 and type 2 diabetes, as well as its impact in obesity. Its second product candidate BMF-650, is an investigational, oral small-molecule glucagon-like peptide-1 receptor agonists (GLP-1 RA), for the treatment of diabetes and obesity.
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Events Timeline

(ET)
2026-05-11
17:00:00
Biomea Cash Decreases to $45.1M, CEO Emphasizes Clinical Progress
select
2026-04-27 (ET)
2026-04-27
17:40:00
Biomea Fusion Announces Positive Results for Type 1 Diabetes Drug Trial
select
2026-03-31 (ET)
2026-03-31
07:20:00
Biomea Fusion Initiates Phase II Trials for Icavamenib
select
2026-03-15 (ET)
2026-03-15
10:50:00
Biomea Fusion Presents Positive Diabetes Study Results in Barcelona
select

News

seekingalpha
9.5
05-12seekingalpha
Biomea Fusion Q1 Earnings Beat Expectations
  • Earnings Highlights: Biomea Fusion reported a Q1 GAAP EPS of -$0.17, beating market expectations by $0.07, indicating an improvement in financial performance that may bolster investor confidence.
  • Cash Position: As of March 31, 2026, the company had $45.1 million in cash, cash equivalents, and restricted cash, ensuring sufficient funding for ongoing R&D and operations, which supports its clinical trials and product development.
  • Clinical Trial Progress: Biomea Fusion achieved positive top-line results in the COVALENT-112 trial for Icovamenib, demonstrating the drug's potential in treating Type 1 diabetes, which could enhance the company's competitive position in the market.
  • Market Sentiment: Seeking Alpha's quant rating on Biomea Fusion reflects a positive outlook on its future developments, potentially attracting more investor interest in the company's growth prospects.
Newsfilter
9.5
05-11Newsfilter
Biomea Fusion Completes Chronic Toxicology Studies for Icovamenib
  • Successful Toxicology Studies: Biomea Fusion has successfully completed chronic toxicology studies for icovamenib, providing nonclinical support for chronic clinical dosing beyond the 12-week duration, demonstrating a favorable safety profile that is expected to facilitate further clinical trial advancements.
  • Clinical Trial Progress: In the Phase II COVALENT-112 trial for type 1 diabetes, icovamenib showed a 52% increase in mean C-peptide AUC at 52 weeks compared to baseline, supporting its efficacy as a novel therapeutic approach that could significantly alter existing treatment paradigms.
  • New Trial Initiation: Biomea plans to initiate a Phase II clinical trial for recently diagnosed type 1 diabetes patients at four U.S. academic centers to evaluate the extended dosing of icovamenib, with the trial expected to start in the second half of 2026.
  • Improved Financial Position: As of March 31, 2026, Biomea reported cash and cash equivalents of $45.1 million, a decrease from the previous year, but with R&D expenses significantly reduced to $9.1 million, indicating effective cost management strategies.
Newsfilter
8.5
05-05Newsfilter
Biomea Fusion Announces Late-Breaking Presentations at ADA Conference
  • Poster Presentation Selection: Biomea Fusion announced that three abstracts on icovamenib have been selected for late-breaking poster presentations at the American Diabetes Association's 86th Scientific Sessions, taking place from June 5 to 8, 2026, in New Orleans, showcasing the company's influence in diabetes research.
  • Research Highlights: The presentations will include data on icovamenib's application in both type 1 and type 2 diabetes, emphasizing its potential to improve beta cell function and support metabolic health, which could provide new treatment options for diabetes patients.
  • Clinical Development Stage: Icovamenib is currently in Phase 2 clinical development as an orally administered small molecule targeting pathways associated with insulin secretion and glycemic control, showing potential to restore beta cell mass and function, which may change the landscape of diabetes treatment.
  • Company Mission and Vision: Biomea Fusion focuses on developing oral small molecule therapies for diabetes and obesity, aiming to deliver transformative treatments for metabolic disorders affecting nearly half of Americans and one-fifth of the global population, reflecting the company's strategic importance in public health.
CNBC
6.0
05-05CNBC
Major Wall Street Rating Updates
  • Chipotle Upgrade: Argus upgraded Chipotle Mexican Grill from Hold to Buy, indicating a return to growth, which reflects market optimism about the company's future performance.
  • Full Truck Alliance Initiation: Bank of America initiated coverage on Full Truck Alliance (FTA) with a Buy rating and a price target of $11.3, implying a 33% total return potential, showcasing confidence in its business model.
  • Alto Neuroscience Promising Outlook: Bank of America initiated coverage of Alto Neuroscience (ANRO) with a Buy rating and a $35 price target, emphasizing its innovative potential in treating psychiatric disorders, which may attract more investor interest.
  • Amazon Supply Chain Expansion: Bank of America reiterated its Buy rating on Amazon, highlighting the significant market potential of Amazon Supply Chain Services, which offers comprehensive logistics solutions for all businesses, further solidifying its market leadership.
NASDAQ.COM
8.5
04-30NASDAQ.COM
Latest Developments in the Biotech Sector
  • Regulatory Approvals: Crinetics received European Commission approval for PALSONIFY to treat acromegaly in adults, becoming the first once-daily oral therapy in Europe, covering 27 EU member states, which is expected to significantly enhance market share.
  • Acquisition Expansion: Teva is acquiring Emalex Biosciences for $700 million, bolstering its neuroscience pipeline and potentially accelerating the NDA submission for Ecopipam, thereby strengthening Teva's competitive position in the CNS disorders market.
  • Clinical Trial Progress: Biomea Fusion's Icovamenib showed a 52% increase in mean C-peptide AUC in its Phase 2 trial for Type 1 Diabetes, indicating potential efficacy in early-stage patients, which may drive further development efforts.
  • Market Reactions: Despite multiple approvals, AstraZeneca and Novartis saw their stock prices decline by 0.79% and 1.76% respectively, reflecting a cautious investor sentiment towards the biotech sector.
NASDAQ.COM
9.0
04-28NASDAQ.COM
Biomea Fusion Reports Positive 52-Week Results for Icovamenib in Type 1 Diabetes Trial
  • Clinical Trial Results: Biomea Fusion's Phase 2 COVALENT-112 trial showed that Icovamenib 200 mg once daily led to a 52% increase in mean C-peptide AUC at 12 weeks in patients diagnosed with type 1 diabetes within the last 0-3 years, indicating significant improvement in endogenous insulin secretion.
  • Long-Term Efficacy: In patients with a longer disease duration of 3-15 years, C-peptide levels were generally preserved through Week 52, with only a modest decline of approximately 7%, demonstrating the drug's effectiveness and tolerability over an extended period.
  • Safety Profile: Throughout the 52-week observation period, Icovamenib was generally well tolerated, with no new or unexpected safety signals identified, enhancing its potential as a diabetes treatment option.
  • Future Research Plans: Biomea plans to initiate a new Phase 2 trial in the second half of 2026 to evaluate the effects of extended dosing of 200 mg on C-peptide levels and the potential benefits of adding an immunosuppressive agent to improve clinical outcomes.
Wall Street analysts forecast BMEA stock price to rise
5 Analyst Rating
Wall Street analysts forecast BMEA stock price to rise
4 Buy
0 Hold
1 Sell
Moderate Buy
Current: 0.000
sliders
Low
4.00
Averages
7.75
High
12.00
Current: 0.000
sliders
Low
4.00
Averages
7.75
High
12.00
Citizens
Outperform
initiated
$9
AI Analysis
2026-05-05
Reason
Citizens
Price Target
$9
AI Analysis
2026-05-05
initiated
Outperform
Reason
Citizens initiated coverage of Biomea Fusion with an Outperform rating and $9 price target. The company is developing icovamenib, a covalent small-molecule menin inhibitor, which has shown the ability to restore beta cell function in hard-to-treat type 2 diabetics, potentially offering a \"disease-modifying solution for late-stage patients,\" the analyst tells investors in a research note. The firm sees a blockbuster opportunity in late-stage, hard-to-treat diabetics for Biomea.
Citi
Buy
maintain
$6 -> $7
2026-03-27
Reason
Citi
Price Target
$6 -> $7
2026-03-27
maintain
Buy
Reason
Citi raised the firm's price target on Biomea Fusion to $7 from $6 and keeps a Buy rating on the shares. Citi also added an "upside 90-day catalyst watch" on Biomea. The firm sees investor interest increasing in company's oral GLP-1 candidate BMF-650 when it reports 28-day weight reduction data in healthy overweight or obese volunteers from the Phase 1 GLP-131 study in Q2.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for BMEA
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Valuation Metrics

The current forward P/E ratio for Biomea Fusion Inc (BMEA.O) is 0.00, compared to its 5-year average forward P/E of -3.53. For a more detailed relative valuation and DCF analysis to assess Biomea Fusion Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-3.53
Current PE
0.00
Overvalued PE
-0.95
Undervalued PE
-6.10

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-1.94
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
1.69
Undervalued EV/EBITDA
-5.57

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
0.00
Current PS
0.00
Overvalued PS
0.00
Undervalued PS
0.00

Financials

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Whales Holding BMEA

C
Cormorant Asset Management, LP
Holding
BMEA
-7.94%
3M Return

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Frequently Asked Questions

What is Biomea Fusion Inc (BMEA) stock price today?

The current price of BMEA is 1.42 USD — it has increased 3.65

What is Biomea Fusion Inc (BMEA)'s business?

Biomea Fusion, Inc. is a clinical-stage diabetes and obesity medicines company focused on the discovery and development of oral covalent small molecules to improve the lives of patients with diabetes, obesity, and metabolic diseases. A covalent small molecule is a synthetic compound that forms a permanent bond to its target protein. The Company has built its proprietary FUSION System discovery platform to advance a pipeline of small molecule product candidates. Its lead clinical program’s drug candidate, icovamenib, is being developed as an orally bioavailable, and selective covalent inhibitor of menin in two clinical and multiple preclinical studies, investigating icovamenib’s potential in type 1 and type 2 diabetes, as well as its impact in obesity. Its second product candidate BMF-650, is an investigational, oral small-molecule glucagon-like peptide-1 receptor agonists (GLP-1 RA), for the treatment of diabetes and obesity.

What is the price predicton of BMEA Stock?

Wall Street analysts forecast BMEA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BMEA is7.75 USD with a low forecast of 4.00 USD and a high forecast of 12.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Biomea Fusion Inc (BMEA)'s revenue for the last quarter?

Biomea Fusion Inc revenue for the last quarter amounts to -12.77M USD, decreased -57.01

What is Biomea Fusion Inc (BMEA)'s earnings per share (EPS) for the last quarter?

Biomea Fusion Inc. EPS for the last quarter amounts to -11669000.00 USD, decreased -54.54

How many employees does Biomea Fusion Inc (BMEA). have?

Biomea Fusion Inc (BMEA) has 41 emplpoyees as of May 23 2026.

What is Biomea Fusion Inc (BMEA) market cap?

Today BMEA has the market capitalization of 102.67M USD.