Beam Therapeutics Inc. (BEAM)

NASDAQ: BEAM · IEX Real-Time Price · USD
23.01
-0.75 (-3.16%)
Sep 25, 2023, 4:00 PM EDT - Market closed
-3.16%
Market Cap 1.82B
Revenue (ttm) 80.16M
Net Income (ttm) -327.16M
Shares Out 79.20M
EPS (ttm) -4.51
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 299
Open 23.62
Previous Close 23.76
Day's Range 22.52 - 23.62
52-Week Range 22.52 - 54.30
Beta 1.56
Analysts Buy
Price Target 57.89 (+151.59%)
Earnings Date Nov 6, 2023

About BEAM

Beam Therapeutics Inc., a biotechnology company, engages in the development of precision genetic medicines for patients suffering from serious diseases in the United States. It develops BEAM-101 and BEAM-102 for the treatment of sickle cell disease beta thalassemia; BEAM-201, an allogeneic chimeric antigen receptor T cell for the treatment of refractory T-cell acute lymphoblastic leukemia/T cell lymphoblastic lymphoma; BEAM-301, a liver-targeting LNP formulation for the treatment of glycogen storage disease 1a; and BEAM-302, a liver-targeting L... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Feb 6, 2020
Employees 532
Stock Exchange NASDAQ
Ticker Symbol BEAM
Full Company Profile

Financial Performance

In 2022, BEAM's revenue was $60.92 million, an increase of 17.51% compared to the previous year's $51.84 million. Losses were -$289.09 million, -22.00% less than in 2021.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for BEAM stock is "Buy." The 12-month stock price forecast is $57.89, which is an increase of 151.59% from the latest price.

Price Target
$57.89
(151.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Beam Therapeutics Presents Preclinical Data Highlighting Utility of BEAM-302 to Correct an Alpha-1 Antitrypsin (AAT) Deficiency Disease-Causing Mutation

First Preclinical Data for BEAM-302 Demonstrate Increased Levels of Corrected AAT and Reduced Mutant PiZ AAT in Multiple In Vivo Rodent Disease Models First Preclinical Data for BEAM-302 Demonstrate I...

18 days ago - GlobeNewsWire

Beam Therapeutics Announces First Patient Dosed in Phase 1/2 Trial of BEAM-201 in Relapsed, Refractory T-ALL/T-LL

BEAM-201 Represents First Quadruplex-edited, Allogeneic CAR-T Cell Therapy Candidate in Clinical-stage Development and First Treatment with a Base Editing Candidate in United States BEAM-201 Represent...

21 days ago - GlobeNewsWire

Beam Therapeutics to Participate in Upcoming September Investor Conferences

CAMBRIDGE, Mass., Aug. 31, 2023 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today announced that man...

26 days ago - GlobeNewsWire

Beam Therapeutics Reports Pipeline Updates and Second Quarter 2023 Financial Results

BEACON Trial of BEAM-101 in Sickle Cell Disease Progressing with Consented Patients Projected to Fill Sentinel Cohort and to Initiate Expansion Cohort

7 weeks ago - GlobeNewsWire

Beam Therapeutics to Participate in Upcoming May Investor Conferences

CAMBRIDGE, Mass., May 17, 2023 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today announced that mana...

4 months ago - GlobeNewsWire

Beam Therapeutics to Participate in RBC Capital Markets 2023 Global Healthcare Conference

CAMBRIDGE, Mass., May 11, 2023 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today announced that Gius...

4 months ago - GlobeNewsWire

Beam Therapeutics Reports Pipeline Updates and First Quarter 2023 Financial Results

Focused on Executing Three Strategic Pillars – Hematology, Immunology/Oncology and Genetic Diseases – Potential for Long-Term Pipeline Growth and Sustained Impact on Patient Lives

4 months ago - GlobeNewsWire

Cathie Wood Loads Up On Biotech Stocks — Continues To Raise Stake In Coinbase Global

Cathie Wood-led ARK Investment Management raised stakes in a number of biotech companies on Wednesday with these stocks recording negative returns over the last one month, potentially making them attr...

6 months ago - Benzinga

Beam Therapeutics to Participate in the Guggenheim 2023 Genomic Medicines and Rare Disease Day

CAMBRIDGE, Mass., March 27, 2023 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today announced that Jo...

6 months ago - GlobeNewsWire

Beam Therapeutics Appoints Gopi Shanker, Ph.D., as Chief Scientific Officer

CAMBRIDGE, Mass., March 21, 2023 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today announced that Go...

6 months ago - GlobeNewsWire

Beam Therapeutics to Participate in the Barclays 2023 Global Healthcare Conference

CAMBRIDGE, Mass., March 15, 2023 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today announced that Gi...

6 months ago - GlobeNewsWire

Beam Therapeutics to Participate in the 43rd Annual Cowen Healthcare Conference

CAMBRIDGE, Mass., March 01, 2023 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today announced that Jo...

7 months ago - GlobeNewsWire

Beam Therapeutics Reports Fourth Quarter and Year-End 2022 Financial Results and Reiterates Anticipated Milestones

Advancing Pipeline of Wholly Owned Base Editing Therapeutics with Four Development-stage Programs

7 months ago - GlobeNewsWire

Beam Therapeutics to Participate in the SVB Securities Virtual Global Biopharma Conference

CAMBRIDGE, Mass., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today announced that Joh...

8 months ago - GlobeNewsWire

Beam Therapeutics Reports Progress Across Base Editing Portfolio and Outlines Key Anticipated Milestones

BEACON Trial of BEAM-101 in Sickle Cell Disease Ongoing with Data from Multiple Patients Expected in 2024; Expansion Phase Initiation Expected in 2023

9 months ago - GlobeNewsWire

Beam Therapeutics to Present at the 41st Annual J.P. Morgan Healthcare Conference

CAMBRIDGE, Mass., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today announced that man...

9 months ago - GlobeNewsWire

Beam Therapeutics Presents First In Vivo Proof of Concept Preclinical Data on Multiplex Base Edited ESCAPE Platform for Non-Genotoxic Conditioning Regimen for Patients with Sickle Cell Disease Ahead of Autologous Transplant

Data from ESCAPE-1 and ESCAPE-2 Approaches to Be Presented During Poster Sessions at the 64th ASH Annual Meeting and Exposition Data from ESCAPE-1 and ESCAPE-2 Approaches to Be Presented During Poster...

10 months ago - GlobeNewsWire

Beam Therapeutics Named to Boston Globe's Top Places to Work List for 2022

Beam Ranked No. 4 in Large Companies Category, Marking Fourth Consecutive Year as Top Workplace in Massachusetts Beam Ranked No. 4 in Large Companies Category, Marking Fourth Consecutive Year as Top W...

10 months ago - GlobeNewsWire

BioNTech, Vertex Pharmaceuticals And Other Big Biotechnology Stocks From Benzinga's Most Accurate Analysts - Beam Therapeutics (NASDAQ:BEAM), BioNTech (NASDAQ:BNTX)

Although US stocks closed mixed on Thursday, but healthcare stocks recorded gains, gaining over 0.2% in the previous session. Biotechnology stocks were among the top performers in the sector, adding a...

Other symbols: BNTXVRTX
10 months ago - Benzinga

Beam Therapeutics Announces FDA Has Lifted the Clinical Hold on the Investigational New Drug Application for BEAM-201

CAMBRIDGE, Mass., Dec. 02, 2022 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today announced the U.S....

10 months ago - GlobeNewsWire

Beam Therapeutics to Participate in the BofA Securities 2022 Virtual Biotech SMID Cap Conference

CAMBRIDGE, Mass., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today announced that man...

10 months ago - GlobeNewsWire

Beam Therapeutics Enrolls First Patient in BEACON Clinical Trial of BEAM-101 Base Editing Therapy Candidate for the Treatment of Sickle Cell Disease

BEAM-101 BEACON Trial Represents the First Clinical Trial of a Base Editor in the United States BEAM-101 BEACON Trial Represents the First Clinical Trial of a Base Editor in the United States

11 months ago - GlobeNewsWire

Beam Therapeutics to Participate in Upcoming Investor Conferences

CAMBRIDGE, Mass., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today announced that man...

11 months ago - GlobeNewsWire

Beam Therapeutics Announces Portfolio Progress and Reports Third Quarter 2022 Financial Results

Patient Recruitment Underway in BEACON Clinical Trial of BEAM-101 for Treatment of Sickle Cell Disease as Part of Wave 1 Strategy Execution

11 months ago - GlobeNewsWire

Beam Therapeutics to Present New Preclinical Data Highlighting Non-Genotoxic Conditioning Regimens for Patients with Sickle Cell Disease Ahead of Autologous Transplant at the 64th ASH Annual Meeting

CAMBRIDGE, Mass., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today announced that new...

11 months ago - GlobeNewsWire