NASDAQ:BPMC

Blueprint Medicines (BPMC) Stock Price, News & Analysis

$92.43
+1.82 (+2.01%)
(As of 10:16 AM ET)
Today's Range
$89.19
$93.23
50-Day Range
$73.17
$99.79
52-Week Range
$43.89
$101.00
Volume
49,059 shs
Average Volume
756,899 shs
Market Capitalization
$5.66 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$85.43

Blueprint Medicines MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
6.2% Downside
$85.43 Price Target
Short Interest
Healthy
7.14% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.15mentions of Blueprint Medicines in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$10.36 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($5.42) to ($2.92) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.84 out of 5 stars

Medical Sector

815th out of 910 stocks

Pharmaceutical Preparations Industry

386th out of 426 stocks

BPMC stock logo

About Blueprint Medicines Stock (NASDAQ:BPMC)

Blueprint Medicines Corporation, a precision therapy company, develops medicines for genomically defined cancers and blood disorders in the United States and internationally. The company is developing AYVAKIT for the treatment of systemic mastocytosis (SM) and gastrointestinal stromal tumors; BLU-263, an orally available, potent, and KIT inhibitor for the treatment of indolent SM, and other mast cell disorders. It is also developing GAVRETO for the treatment of RET fusion-positive non-small cell lung cancer, altered thyroid carcinoma, and medullary thyroid carcinoma; BLU-945 for the treatment of epidermal growth factor receptor driven non-small-cell lung carcinoma (NSCLC); and BLU-451 to treat NSCLC in patients with epidermal growth factor receptor gene (EGFR) exon 20 insertion mutations. In addition, the company is developing BLU-782, for the treatment of fibrodysplasia ossificans progressive; BLU- 222 to treat patients with cyclin E aberrant cancers; and BLU-852 for the treatment of advanced cancers. It has collaboration and license agreements with Clementia Pharmaceuticals, Inc.; Proteovant Therapeutics; CStone Pharmaceuticals; Genentech, Inc.; Hoffmann-La Roche Inc.; and Zai Lab (Shanghai) Co., Ltd. The company was formerly known as Hoyle Pharmaceuticals, Inc. and changed its name to Blueprint Medicines Corporation in June 2011. Blueprint Medicines Corporation was incorporated in 2008 and is headquartered in Cambridge, Massachusetts.

BPMC Stock Price History

BPMC Stock News Headlines

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Piper Sandler Keeps Their Hold Rating on Blueprint Medicines (BPMC)
Decoding 6 Analyst Evaluations For Blueprint Medicines
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I have a unique way to “hijack” the stock market. And it’s not a matter of picking the next, big Amazon-like stock… Or guessing on the next A.I. moonshot like NVDA… This is not as hard as making amazing predictions like those.
BPMC Apr 2024 90.000 put
BPMC Apr 2024 45.000 put
BPMC Apr 2024 120.000 call
BPMC Dec 2024 115.000 call
BPMC Jun 2024 115.000 call
BPMC Mar 2024 100.000 put
Stifel Nicolaus Keeps Their Buy Rating on Blueprint Medicines (BPMC)
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:BPMC
Fax
N/A
Employees
655
Year Founded
2011

Price Target and Rating

Average Stock Price Target
$85.43
High Stock Price Target
$115.00
Low Stock Price Target
$43.00
Potential Upside/Downside
-5.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
14 Analysts

Profitability

Net Income
$-506,980,000.00
Net Margins
-203.30%
Pretax Margin
-202.91%

Debt

Sales & Book Value

Annual Sales
$249.38 million
Book Value
$2.15 per share

Miscellaneous

Free Float
58,825,000
Market Cap
$5.55 billion
Optionable
Optionable
Beta
0.63

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BPMC Stock Analysis - Frequently Asked Questions

Should I buy or sell Blueprint Medicines stock right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Blueprint Medicines in the last twelve months. There are currently 3 sell ratings, 2 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BPMC shares.
View BPMC analyst ratings
or view top-rated stocks.

What is Blueprint Medicines' stock price target for 2024?

14 brokerages have issued 12 month price objectives for Blueprint Medicines' shares. Their BPMC share price targets range from $43.00 to $115.00. On average, they anticipate the company's stock price to reach $85.43 in the next year. This suggests that the stock has a possible downside of 6.2%.
View analysts price targets for BPMC
or view top-rated stocks among Wall Street analysts.

How have BPMC shares performed in 2024?

Blueprint Medicines' stock was trading at $92.24 at the beginning of the year. Since then, BPMC stock has decreased by 1.2% and is now trading at $91.11.
View the best growth stocks for 2024 here
.

Are investors shorting Blueprint Medicines?

Blueprint Medicines saw a drop in short interest in March. As of March 31st, there was short interest totaling 4,370,000 shares, a drop of 15.1% from the March 15th total of 5,150,000 shares. Based on an average daily trading volume, of 786,700 shares, the days-to-cover ratio is presently 5.6 days.
View Blueprint Medicines' Short Interest
.

When is Blueprint Medicines' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our BPMC earnings forecast
.

How can I listen to Blueprint Medicines' earnings call?

Blueprint Medicines will be holding an earnings conference call on Thursday, May 2nd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Blueprint Medicines' earnings last quarter?

Blueprint Medicines Co. (NASDAQ:BPMC) announced its quarterly earnings results on Thursday, February, 15th. The biotechnology company reported ($1.82) EPS for the quarter, beating analysts' consensus estimates of ($2.04) by $0.22. The biotechnology company earned $71.96 million during the quarter, compared to analysts' expectations of $67.34 million. Blueprint Medicines had a negative net margin of 203.30% and a negative trailing twelve-month return on equity of 191.56%. The business's quarterly revenue was up 85.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($2.65) earnings per share.

What is Kate Haviland's approval rating as Blueprint Medicines' CEO?

16 employees have rated Blueprint Medicines Chief Executive Officer Kate Haviland on Glassdoor.com. Kate Haviland has an approval rating of 100% among the company's employees. This puts Kate Haviland in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 93.0% of employees surveyed would recommend working at Blueprint Medicines to a friend.

What other stocks do shareholders of Blueprint Medicines own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Blueprint Medicines investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), AbbVie (ABBV), Micron Technology (MU), Pfizer (PFE), Gilead Sciences (GILD), QUALCOMM (QCOM), Amarin (AMRN), CRISPR Therapeutics (CRSP) and Nektar Therapeutics (NKTR).

When did Blueprint Medicines IPO?

Blueprint Medicines (BPMC) raised $115 million in an IPO on Thursday, April 30th 2015. The company issued 7,200,000 shares at $15.00-$17.00 per share. Goldman Sachs and Cowen and Company acted as the underwriters for the IPO and JMP Securities and Wedbush PacGrow were co-managers.

Who are Blueprint Medicines' major shareholders?

Blueprint Medicines' stock is owned by many different institutional and retail investors. Top institutional shareholders include Raymond James Financial Services Advisors Inc. (0.06%), Diversified Trust Co (0.02%), Handelsinvest Investeringsforvaltning (0.01%), Clarus Wealth Advisors (0.00%) and Allspring Global Investments Holdings LLC (0.00%). Insiders that own company stock include Ariel Hurley, Christina Rossi, Christopher K Murray, Debra Durso-Bumpus, Fouad Namouni, George Demetri, Jeffrey W Albers, Kate Haviland, L Becker Hewes, Mark Alan Goldberg, Michael Landsittel, Percy H Carter and Tracey L Mccain.
View institutional ownership trends
.

How do I buy shares of Blueprint Medicines?

Shares of BPMC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BPMC) was last updated on 4/23/2024 by MarketBeat.com Staff

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