Bristol-Myers Squibb Company (BMY)
NYSE: BMY · Real-Time Price · USD
57.33
+1.03 (1.83%)
Dec 20, 2024, 4:00 PM EST - Market closed
BMY Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for BMY stock have an average target of 55.93, with a low estimate of 39 and a high estimate of 73. The average target predicts a decrease of -2.44% from the current stock price of 57.33.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for BMY stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 1 | 0 | 1 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 11 | 12 | 12 | 13 | 11 | 11 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 17 | 16 | 16 | 14 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $63 → $70 | Hold → Strong Buy | Upgrades | $63 → $70 | +22.10% | Dec 16, 2024 |
| B of A Securities | B of A Securities | Hold Initiates $63 | Hold | Initiates | $63 | +9.89% | Dec 10, 2024 |
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Nov 15, 2024 |
| Citigroup | Citigroup | Hold Maintains $55 → $60 | Hold | Maintains | $55 → $60 | +4.66% | Nov 12, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $57 → $61 | Hold | Maintains | $57 → $61 | +6.40% | Nov 12, 2024 |
Financial Forecast
Revenue This Year
48.26B
from 45.01B
Increased by 7.22%
Revenue Next Year
48.34B
from 48.26B
Increased by 0.16%
EPS This Year
0.93
from 3.86
Decreased by -75.93%
EPS Next Year
7.12
from 0.93
Increased by 665.99%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 59.1B | 78.1B | 48.0B | |||
| Avg | 48.3B | 48.3B | 44.6B | |||
| Low | 45.1B | 42.6B | 40.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 31.4% | 61.9% | -0.7% | |||
| Avg | 7.2% | 0.2% | -7.8% | |||
| Low | 0.1% | -11.8% | -15.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.13 | 7.89 | 7.55 | |||
| Avg | 0.93 | 7.12 | 6.42 | |||
| Low | 0.80 | 6.46 | 5.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -70.6% | 748.6% | 6.1% | |||
| Avg | -75.9% | 666.0% | -9.7% | |||
| Low | -79.2% | 595.0% | -29.2% |
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.