Biomea Fusion, Inc. (BMEA)

NASDAQ: BMEA · Real-Time Price · USD
1.350
-0.080 (-5.59%)
At close: May 15, 2026, 4:00 PM EDT
1.340
-0.010 (-0.74%)
Pre-market: May 18, 2026, 8:31 AM EDT
Market Cap97.60M +28.0%
Revenue (ttm)n/a
Net Income-44.95M
EPS-0.74
Shares Out 72.30M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume1,913,877
Open1.420
Previous Close1.430
Day's Range1.320 - 1.449
52-Week Range0.872 - 3.080
Beta-0.34
AnalystsBuy
Price Target7.29 (+440.0%)
Earnings DateMay 11, 2026

About BMEA

Biomea Fusion, Inc., a clinical-stage diabetes and obesity medicines company, focuses on the discovery and development of oral drugs to treat patients with diabetes and obesity. It’s lead clinical program’s drug candidates are COVALENT-111 and COVALENT-112, which has completed Phase II clinical trials of icovamenib for the treatment of Type 1 and Type 2 diabetes; COVALENT-211, which is in Phase II clinical trial of icovamenib for treating insulin-deficient type 2 diabetes; and COVALENT-212, which is in Phase II clinical trial of icovamenib for ... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Apr 16, 2021
Employees 41
Stock Exchange NASDAQ
Ticker Symbol BMEA
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 8 analysts, the average rating for BMEA stock is "Buy." The 12-month stock price target is $7.29, which is an increase of 440.00% from the latest price.

Price Target
$7.29
(440.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Biomea Fusion to Participate at Upcoming Investor Conferences

SAN CARLOS, Calif., May 12, 2026 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea” or “Biomea Fusion”) (Nasdaq: BMEA), a clinical-stage diabetes and obesity company, today announced that management wi...

5 days ago - GlobeNewsWire

Biomea Fusion reports Q1 EPS (17c), consensus (19c)

As of March 31, the company had cash, cash equivalents and restricted cash of $45.1M vs. $56.2M at previous quarter end. “Across our portfolio, we continue to execute with focus…

6 days ago - TheFly

Biomea Fusion Reports First Quarter 2026 Financial Results and Corporate Highlights

SAN CARLOS, Calif., May 11, 2026 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea” or “Biomea Fusion” or “the Company”) (Nasdaq: BMEA), a clinical-stage diabetes and obesity company, today reported it...

6 days ago - GlobeNewsWire

Biomea Fusion options imply 18.9% move in share price post-earnings

Pre-earnings options volume in Biomea Fusion (BMEA) is normal with calls leading puts 5:1. Implied volatility suggests the market is anticipating a move near 18.9%, or 0c, after results are…

9 days ago - TheFly

Biomea Fusion options imply 23.1% move in share price post-earnings

Pre-earnings options volume in Biomea Fusion (BMEA) is normal with calls leading puts 211:1. Implied volatility suggests the market is anticipating a move near 23.1%, or 0c, after results are…

11 days ago - TheFly

Biomea Fusion Announces Poster Presentations of Icovamenib at the American Diabetes Association (ADA) 86th Scientific Sessions

SAN CARLOS, Calif., May 05, 2026 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea” or “Biomea Fusion” or “the Company”) (Nasdaq: BMEA), a clinical-stage diabetes and obesity company, today announced t...

12 days ago - GlobeNewsWire

Biomea Fusion Transcript: Status update

Icovamenib, a novel menin inhibitor, shows promise for both type 1 and type 2 diabetes by regenerating beta cells and offering durable glycemic control after short-term therapy. Early data indicate meaningful A1C and C-peptide improvements with a favorable safety profile.

12 days ago - Transcripts

Biomea Fusion initiated with an Outperform at Citizens

Citizens initiated coverage of Biomea Fusion (BMEA) with an Outperform rating and $9 price target The company is developing icovamenib, a covalent small-molecule menin inhibitor, which has shown the a...

13 days ago - TheFly

Biomea Fusion options imply 22.0% move in share price post-earnings

Pre-earnings options volume in Biomea Fusion (BMEA) is normal with calls leading puts 4:1. Implied volatility suggests the market is anticipating a move near 22.0%, or 0c, after results are…

13 days ago - TheFly

Biomea Fusion Transcript: Study result

Top-line results from the COVALENT-112 trial show that icovamenib led to a 52% increase in C-peptide at 12 weeks and sustained beta cell function at 52 weeks in recent-onset type 1 diabetes, with a favorable safety profile. A phase II study will further evaluate extended dosing and combination strategies.

20 days ago - Transcripts

Biomea Fusion announces positive 52-week results from phase 2 COVALENT-112 trial

Biomea Fusion (BMEA) “announced positive 52-week results from its Phase 2 COVALENT-112 trial evaluating the efficacy, safety, and tolerability of icovamenib in patients with type 1 diabetes. These dat...

20 days ago - TheFly

Biomea Fusion Announces Positive 52-Week Results from Phase 2 COVALENT-112 Trial in Type 1 Diabetes Showing C-Peptide Improvement and Durability Following 12-Weeks of Icovamenib Treatment

SAN CARLOS, Calif., April 27, 2026 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea” or “Biomea Fusion” or “the Company”) (Nasdaq: BMEA), a clinical-stage diabetes and obesity company, today announced...

20 days ago - GlobeNewsWire

Biomea Fusion doses first patient in COVALENT-211, COVALENT-212 trials

Biomea Fusion (BMEA) announced that the first patient has been dosed in its newly initiated Phase II programs, COVALENT-211 and COVALENT-212, evaluating icovamenib in patients with type 2 diabetes, ma...

6 weeks ago - TheFly

Biomea Fusion Announces First Patient Dosed in Newly Initiated Phase II Programs Enrolling Type 2 Diabetes Patients Failing on Standard-of-Care Therapies

COVALENT-211 Phase II enrolling insulin-deficient type 2 diabetes patients  COVALENT-212 Phase II enrolling type 2 diabetes patients uncontrolled with a GLP-1 receptor agonist-based therapy Topline 26...

6 weeks ago - GlobeNewsWire

Biomea Fusion Transcript: Fireside chat

Icova­menib, a novel menin inhibitor, shows promise in restoring beta cell function and reducing A1C in diabetes patients, especially those failing GLP-1 therapies. Ongoing trials aim for key data by year-end, with the potential to delay insulin dependence and reshape diabetes treatment.

6 weeks ago - Transcripts

Biomea Fusion Transcript: Fireside chat

The discussion highlighted imminent phase I data for BMF-650, designed for improved oral bioavailability and tolerability in obesity, and icovamenib's novel approach to restoring beta cell function in diabetes. Key clinical milestones are expected in Q2 and Q4, with a cash runway into 2027.

6 weeks ago - Transcripts

Citi ups Biomea Fusion target, adds ‘upside 90-day catalyst watch’

Citi raised the firm’s price target on Biomea Fusion (BMEA) to $7 from $6 and keeps a Buy rating on the shares. Citi also added an “upside 90-day catalyst watch”…

7 weeks ago - TheFly

Biomea Fusion Reports Full Year 2025 Financial Results and Corporate Highlights

SAN CARLOS, Calif., March 24, 2026 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea” or “Biomea Fusion” or “the Company”) (Nasdaq: BMEA), a clinical-stage diabetes and obesity company, today reported ...

7 weeks ago - GlobeNewsWire

Biomea Fusion presents Phase II Covalent-111 data in Type 2 Diabetes

Biomea Fusion (BMEA) announced that Juan Pablo Frias, MD, delivered an oral presentation at the 19th International Conference on Advanced Technologies & Treatments for Diabetes in Barcelona on March 1...

2 months ago - TheFly

Biomea Fusion Presents Phase II COVALENT-111 Data in Type 2 Diabetes at the 19th International Conference on Advanced Technologies & Treatments for Diabetes 2026

SAN CARLOS, Calif., March 14, 2026 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea,” “Biomea Fusion,” or the “Company”) (Nasdaq: BMEA), a clinical-stage diabetes and obesity company, today announced ...

2 months ago - GlobeNewsWire

Biomea Fusion Transcript: The Citizens Life Sciences Conference 2026

The company is advancing two in-house assets for diabetes and obesity, including a novel menin inhibitor with durable effects and an oral GLP-1 agent designed for better adherence. Key clinical data readouts are expected in 2024, with phase III planning underway.

2 months ago - Transcripts

Biomea Fusion management to meet virtually with Craig-Hallum

Virtual Meeting to be held on March 16 hosted by Craig-Hallum.

2 months ago - TheFly

Biomea Fusion Transcript: Oppenheimer 36th Annual Healthcare Life Sciences Conference

Two oral candidates are advancing: Icovamenib for insulin-deficient and GLP-1-failing diabetes patients, and BMF-650 for weight loss. Icovamenib shows durable A1C reduction post-treatment, with phase II trials underway and key data expected by year-end and Q4 2026.

2 months ago - Transcripts

Biomea Fusion Transcript: 44th Annual J.P. Morgan Healthcare Conference

The company is advancing two main assets for diabetes and obesity, with icovamenib showing durable A1C reductions and BMF-650 progressing in early clinical trials. Two phase II studies are set to enroll in Q1, with key data expected in Q4, and the cash runway extends into early 2027.

4 months ago - Transcripts

Biomea Fusion initiated with a Buy at Rodman & Renshaw

Rodman & Renshaw initiated coverage of Biomea Fusion (BMEA) with a Buy rating and $8 price target

4 months ago - TheFly