Biomea Fusion, Inc. (BMEA)
NASDAQ: BMEA · IEX Real-Time Price · USD
5.04
-0.12 (-2.33%)
At close: Jul 19, 2024, 4:00 PM
5.20
+0.16 (3.17%)
Pre-market: Jul 22, 2024, 7:11 AM EDT
Biomea Fusion Stock Forecast
BMEA's stock price has decreased by -76.43% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Biomea Fusion stock have an average target of 26.63, with a low estimate of 5.00 and a high estimate of 60. The average target predicts an increase of 428.37% from the current stock price of 5.04.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Biomea Fusion stock from 10 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 4 | 3 |
| Buy | 5 | 5 | 4 | 3 | 3 | 3 |
| Hold | 1 | 1 | 2 | 3 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 12 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +197.62% | Jun 25, 2024 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jun 11, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $90 → $45 | Strong Buy | Maintains | $90 → $45 | +792.86% | Jun 7, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $50 → $15 | Strong Buy | Maintains | $50 → $15 | +197.62% | Jun 7, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $45 → $10 | Buy | Maintains | $45 → $10 | +98.41% | Jun 7, 2024 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
2.55M
EPS This Year
-4.18
from -3.44
EPS Next Year
-3.51
from -4.18
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | n/a | 15.8M | 15.8M | 65.0M | 854.3M |
| Avg | n/a | 2.6M | 3.7M | 31.3M | 213.1M |
| Low | n/a | n/a | n/a | n/a | n/a |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 517.6% | 1,636.8% | 2,629.8% |
| Avg | - | - | 46.7% | 736.7% | 581.0% |
| Low | - | - | - | - | - |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -3.86 | -2.03 | -1.35 | -2.87 | 9.75 |
| Avg | -4.18 | -3.51 | -3.47 | -3.89 | 0.04 |
| Low | -4.25 | -4.78 | -5.02 | -5.25 | -5.50 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.