Bristol-Myers Squibb Company (BMY)
NYSE: BMY · Real-Time Price · USD
53.96
+0.36 (0.67%)
At close: Oct 4, 2024, 4:00 PM
53.70
-0.26 (-0.48%)
After-hours: Oct 4, 2024, 7:59 PM EDT
BMY Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for BMY stock have an average target of 55.33, with a low estimate of 42 and a high estimate of 84. The average target predicts an increase of 2.54% from the current stock price of 53.96.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for BMY stock from 16 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 13 | 13 | 13 | 11 | 12 | 12 |
| Sell | 1 | 1 | 1 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 17 | 16 | 17 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold Maintains $48 → $53 | Hold | Maintains | $48 → $53 | -1.78% | Sep 27, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $48 | Hold | Maintains | $48 | -11.05% | Sep 23, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Reiterates $50 | Hold | Reiterates | $50 | -7.34% | Sep 16, 2024 |
| Jefferies | Jefferies | Hold Maintains $49 → $51 | Hold | Maintains | $49 → $51 | -5.49% | Aug 28, 2024 |
| Barclays | Barclays | Sell Maintains $41 → $42 | Sell | Maintains | $41 → $42 | -22.16% | Aug 22, 2024 |
Financial Forecast
Revenue This Year
47.27B
from 45.01B
Increased by 5.03%
Revenue Next Year
47.18B
from 47.27B
Decreased by -0.18%
EPS This Year
0.77
from 3.86
Decreased by -80.16%
EPS Next Year
7.07
from 0.77
Increased by 822.91%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 49.9B | 50.6B | 50.1B | ||
| Avg | 47.3B | 47.2B | 44.7B | ||
| Low | 45.5B | 44.3B | 40.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.8% | 7.1% | 6.2% | ||
| Avg | 5.0% | -0.2% | -5.2% | ||
| Low | 1.1% | -6.2% | -13.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.89 | 8.05 | 8.01 | ||
| Avg | 0.77 | 7.07 | 6.42 | ||
| Low | 0.64 | 6.34 | 4.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -76.9% | 951.7% | 13.4% | ||
| Avg | -80.2% | 822.9% | -9.2% | ||
| Low | -83.5% | 728.0% | -30.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.