NASDAQ:BMEA

Biomea Fusion (BMEA) Stock Price, News & Analysis

$10.47
-0.30 (-2.79%)
(As of 04/25/2024 ET)
Today's Range
$10.26
$10.55
50-Day Range
$10.47
$18.85
52-Week Range
$8.13
$43.69
Volume
501,881 shs
Average Volume
986,432 shs
Market Capitalization
$375.77 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$53.13

Biomea Fusion MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
407.4% Upside
$53.13 Price Target
Short Interest
Bearish
49.86% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($4.25) to ($3.94) 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.

1.04 out of 5 stars

Medical Sector

783rd out of 907 stocks

Pharmaceutical Preparations Industry

370th out of 422 stocks

BMEA stock logo

About Biomea Fusion Stock (NASDAQ:BMEA)

Biomea Fusion, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery and development of covalent small molecule drugs to treat patients with genetically defined cancers and metabolic diseases. Its lead product candidate is BMF-219, a covalent inhibitor of menin for treating patients with liquid and solid tumors and type 2 diabetes. The company was incorporated in 2017 and is headquartered in Redwood City, California.

BMEA Stock Price History

BMEA Stock News Headlines

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If you think a market crash is possible in 2024, I don't know why you're not using this yet.
Recap: Biomea Fusion Q4 Earnings
These AI trades triggered this morning (545% return)
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BMEA Apr 2024 5.000 put
BMEA Apr 2024 5.000 call
Feeling Shut Out? 3 Sizzling Stocks and the Pull-Back Prices to Watch For
Wall Street Expects 190% Upside for This Biotech Stock
Buy Rating Affirmed for Biomea Fusion Amid Promising Clinical Trials
See More Headlines
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Company Calendar

Last Earnings
4/01/2024
Today
4/25/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:BMEA
Fax
N/A
Employees
103
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$53.13
High Stock Price Target
$90.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+413.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$-117,250,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$4.74 per share

Miscellaneous

Free Float
26,461,000
Market Cap
$371.46 million
Optionable
Optionable
Beta
-0.53
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Key Executives


BMEA Stock Analysis - Frequently Asked Questions

Should I buy or sell Biomea Fusion stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Biomea Fusion in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BMEA shares.
View BMEA analyst ratings
or view top-rated stocks.

What is Biomea Fusion's stock price target for 2024?

8 analysts have issued 1-year target prices for Biomea Fusion's stock. Their BMEA share price targets range from $14.00 to $90.00. On average, they expect the company's share price to reach $53.13 in the next twelve months. This suggests a possible upside of 407.4% from the stock's current price.
View analysts price targets for BMEA
or view top-rated stocks among Wall Street analysts.

How have BMEA shares performed in 2024?

Biomea Fusion's stock was trading at $14.52 at the beginning of 2024. Since then, BMEA shares have decreased by 27.9% and is now trading at $10.47.
View the best growth stocks for 2024 here
.

Are investors shorting Biomea Fusion?

Biomea Fusion saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 13,240,000 shares, an increase of 18.2% from the March 15th total of 11,200,000 shares. Based on an average daily trading volume, of 1,020,000 shares, the short-interest ratio is presently 13.0 days. Currently, 47.8% of the company's shares are sold short.
View Biomea Fusion's Short Interest
.

When is Biomea Fusion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our BMEA earnings forecast
.

How were Biomea Fusion's earnings last quarter?

Biomea Fusion, Inc. (NASDAQ:BMEA) released its quarterly earnings results on Monday, April, 1st. The company reported ($0.98) EPS for the quarter.

When did Biomea Fusion IPO?

Biomea Fusion (BMEA) raised $120 million in an initial public offering (IPO) on Friday, April 16th 2021. The company issued 7,500,000 shares at a price of $15.00-$17.00 per share. J.P. Morgan, Jefferies and Piper Sandler acted as the underwriters for the IPO.

Who are Biomea Fusion's major shareholders?

Biomea Fusion's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Simplex Trading LLC (0.00%) and Griffin Asset Management Inc. (0.11%). Insiders that own company stock include A2a Pharmaceuticals, Inc, Bihua Chen, Franco Valle, Michael JM Hitchcock and Rainer M Erdtmann.
View institutional ownership trends
.

How do I buy shares of Biomea Fusion?

Shares of BMEA 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:BMEA) was last updated on 4/25/2024 by MarketBeat.com Staff

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