Beam Therapeutics Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Beam Therapeutics stock have an average target of 45.9, with a low estimate of 24 and a high estimate of 80. The average target predicts an increase of 90.54% from the current stock price of 24.09.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$24	$45.9	$48	$80
Change	-0.37%	+90.54%	+99.25%	+232.09%

Analyst Ratings

The average analyst rating for BEAM stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	2	1	2	2	2
Buy	4	4	4	4	4	4
Hold	5	5	4	5	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	11	9	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Patrick Trucchio HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $80	Strong Buy	Reiterates	$80	+232.09%	Nov 7, 2024
Luca Issi RBC Capital	RBC Capital	Hold Maintains $27 → $24	Hold	Maintains	$27 → $24	-0.37%	Nov 6, 2024
Rick Bienkowski Leerink Partners	Leerink Partners	Hold → Buy Upgrades $27 → $39	Hold → Buy	Upgrades	$27 → $39	+61.89%	Nov 6, 2024
Greg Harrison Scotiabank	Scotiabank	Hold Initiates $24	Hold	Initiates	$24	-0.37%	Oct 16, 2024
Luca Issi RBC Capital	RBC Capital	Hold Reiterates $27	Hold	Reiterates	$27	+12.08%	Sep 19, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

51.21M

from 377.71M

-86.44%

from 377.71M

Revenue Next Year

54.30M

from 51.21M

6.04%

from 51.21M

EPS This Year

-4.82

from -1.72

EPS Next Year

-4.85

from -4.82

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	18.00K	24.00K	51.84M	60.92M	377.71M	51.21M	54.30M	57.27M
Revenue Growth	-	33.33%	215,916.67%	17.51%	520.01%	-86.44%	6.04%	5.48%
EPS	-14.05	-4.19	-5.77	-4.13	-1.72	-4.82	-4.85	-4.44
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	20	19	15

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	78.8M	115.5M	168.0M
Avg	51.2M	54.3M	57.3M
Low	28.6M	n/a	n/a

Revenue Growth

Revenue Growth	2024	2025	2026
High	-79.2%	125.6%	209.4%
Avg	-86.4%	6.0%	5.5%
Low	-92.4%	-	-

EPS Forecast

EPS	2024	2025	2026
High	-4.58	-3.65	-2.90
Avg	-4.82	-4.85	-4.44
Low	-4.93	-5.33	-5.48

EPS Growth

EPS Growth	2024	2025	2026
High	-	-	-
Avg	-	-	-
Low	-	-	-

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.