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 -3.44% from the current stock price of 57.92.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$39	$55.93	$59	$73
Change	-32.67%	-3.44%	+1.86%	+26.04%

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
Akash Tewari Jefferies	Jefferies	Hold → Strong Buy Upgrades $63 → $70	Hold → Strong Buy	Upgrades	$63 → $70	+20.86%	Dec 16, 2024
Tim Anderson B of A Securities	B of A Securities	Hold Initiates $63	Hold	Initiates	$63	+8.77%	Dec 10, 2024
Alexandria Hammond Wolfe Research	Wolfe Research	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Nov 15, 2024
Andrew Baum Citigroup	Citigroup	Hold Maintains $55 → $60	Hold	Maintains	$55 → $60	+3.59%	Nov 12, 2024
Evan Seigerman BMO Capital	BMO Capital	Hold Maintains $57 → $61	Hold	Maintains	$57 → $61	+5.32%	Nov 12, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

48.26B

from 45.01B

7.22%

from 45.01B

Revenue Next Year

48.34B

from 48.26B

0.16%

from 48.26B

EPS This Year

0.93

from 3.86

-75.93%

from 3.86

EPS Next Year

7.12

from 0.93

665.99%

from 0.93

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	26.15B	42.52B	46.39B	46.16B	45.01B	48.26B	48.34B	44.58B
Revenue Growth	15.89%	62.62%	9.09%	-0.49%	-2.50%	7.22%	0.16%	-7.78%
EPS	2.01	-3.99	3.12	2.95	3.86	0.93	7.12	6.42
EPS Growth	-33.22%	-	-	-5.45%	30.85%	-75.93%	665.99%	-9.74%
Forward PE	-	-	-	-	-	62.33	8.14	9.02
No. Analysts	-	-	-	-	-	29	29	23

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

Revenue Forecast

Revenue	2024	2025	2026
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
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
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
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.