S&P 500   4,967.23
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Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
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Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NASDAQ:BGNE

BeiGene (BGNE) Stock Price, News & Analysis

$129.52
-2.44 (-1.85%)
(As of 04/19/2024 ET)
Today's Range
$126.97
$130.85
50-Day Range
$131.86
$179.69
52-Week Range
$126.97
$266.67
Volume
296,406 shs
Average Volume
260,071 shs
Market Capitalization
$12.39 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$251.70

BeiGene MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
94.7% Upside
$251.70 Price Target
Short Interest
Bearish
1.81% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.56mentions of BeiGene in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$10.22 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($8.87) to ($2.34) 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.

1.63 out of 5 stars

Medical Sector

645th out of 918 stocks

Pharmaceutical Preparations Industry

285th out of 417 stocks

BGNE stock logo

About BeiGene Stock (NASDAQ:BGNE)

BeiGene, Ltd., through its subsidiaries, engages in the development and commercialization of oncology medicines worldwide. Its products include BRUKINSA to treat various blood cancers; TEVIMBRA to treat various solid tumor and blood cancers; PARTRUVIX for the treatment of various solid tumor malignancies; XGEVA to treat bone metastases from solid tumors and multiple myeloma, as well as giant cell tumor of bone; BLINCYTO to treat acute lymphoblastic leukemia; KYPROLIS to treat R/R multiple myeloma; REVLIMID to treat multiple myeloma; VIDAZA to treat myelodysplastic syndromes, chronic myelomonocyte leukemia, and acute myeloid leukemia; SYLVANT to treat idiopathic multicentric castleman disease; QARZIBA to treat neuroblastoma; POBEVCY to treat metastatic colorectal cancer, liver cancer, and non-small cell lung cancer (NSCLC); BAITUOWEI, to treat breast and prostate cancers; TAFINLAR and MEKINIST to treat NSCLC and melanoma; VOTRIENT for advance renal cell carcinoma; AFINITOR for advance renal cell carcinoma, NET, SEGA, & breast cancers; and ZYKADIA to treat ALK + NSCLC. The company is also developing inhibitors comprising Sonrotoclax (BGB-11417), BGB-10188, BGB-21447, Ociperlimab (BGB-A1217), Surzebiclimab (BGB-A425), BGB-15025, BGB-26808, Lifirafenib (BGB-283), BGB-3245, BGB-30813, and BGB-43395; antibodies, including Zanidatamab, BGB-A445, and BGB-A3055, as well as BGB-16673, a BTK-targeted CDAC, and BGB-24714, a SMAC mimetic. It has collaborations with Shoreline Biosciences, Inc., Amgen Inc., Novartis AG, Bristol Myers Squibb company, Shandong Luye Pharmaceutical Co., Ltd., Nanjing Leads Biolabs, Inc., EUSA Pharma, Assembly Biosciences, Inc., Bio-Thera Solutions, Ltd., and Nanjing Leads Biolabs Co., Ltd. The company was incorporated in 2010 and is based in Grand Cayman, the Cayman Islands.

BGNE Stock Price History

BGNE Stock News Headlines

Tiny Biotech Stock Wins $75 Billion Patent
A little-known biotech has been quietly working on revolutionary treatments for neurodegenerative diseases. Most people have never heard of them... but those in the know have been taking notice. Jeff Bezos cut them a check for $130 million. Fidelity Biosciences for a further $217 million. They've even had several collaborative partnerships with much larger companies like Biogen, Sanofi, and Takeda.
BeiGene Becomes Oversold (BGNE)
4 Analysts Assess BeiGene: What You Need To Know
Tiny Biotech Stock Wins $75 Billion Patent
A little-known biotech has been quietly working on revolutionary treatments for neurodegenerative diseases. Most people have never heard of them... but those in the know have been taking notice. Jeff Bezos cut them a check for $130 million. Fidelity Biosciences for a further $217 million. They've even had several collaborative partnerships with much larger companies like Biogen, Sanofi, and Takeda.
BGNE Apr 2024 140.000 put
BGNE Apr 2024 220.000 call
BGNE Apr 2024 125.000 put
BGNE Apr 2024 180.000 call
BGNE Apr 2024 135.000 put
See More Headlines
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Company Calendar

Last Earnings
2/26/2024
Today
4/19/2024
Next Earnings (Estimated)
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:BGNE
Fax
N/A
Employees
10,600
Year Founded
2010

Price Target and Rating

Average Stock Price Target
$251.70
High Stock Price Target
$345.00
Low Stock Price Target
$161.00
Potential Upside/Downside
+94.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$-881,710,000.00
Pretax Margin
-33.59%

Debt

Sales & Book Value

Annual Sales
$2.46 billion
Book Value
$37.10 per share

Miscellaneous

Free Float
88,563,000
Market Cap
$12.39 billion
Optionable
Optionable
Beta
0.61

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Should I Buy BeiGene Stock? BGNE Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in BeiGene, Ltd.:

  • BeiGene, Ltd. has a diverse portfolio of oncology medicines, including advanced treatments like BRUKINSA and TEVIMBRA, which cater to a wide range of cancers.
  • The company is actively developing a pipeline of innovative inhibitors and antibodies, such as Sonrotoclax and Zanidatamab, which shows promising potential for future growth.
  • Collaborations with reputable companies like Amgen Inc. and Novartis AG indicate strong partnerships that could lead to further advancements and market opportunities.
  • BeiGene, Ltd. has a global presence, engaging in the development and commercialization of oncology medicines worldwide, providing exposure to diverse markets.
  • Considering the recent positive market sentiment towards the pharmaceutical industry, BeiGene, Ltd. could benefit from favorable industry trends.

Cons

Investors should be bearish about investing in BeiGene, Ltd. for these reasons:

  • Market volatility and regulatory challenges in the pharmaceutical industry could impact the company's growth trajectory and stock performance.
  • Competition in the oncology medicines market is intense, with established players and new entrants posing a threat to BeiGene, Ltd.'s market share.
  • Investing in pharmaceutical companies like BeiGene, Ltd. carries inherent risks related to clinical trial outcomes, regulatory approvals, and market acceptance of new products.
  • The current stock price of BeiGene, Ltd. may be influenced by various factors, including market conditions, industry news, and company-specific developments, which could lead to fluctuations in share value.
  • Global economic uncertainties and geopolitical factors may impact the demand for oncology medicines and affect BeiGene, Ltd.'s financial performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these BeiGene pros and cons to contact@marketbeat.com.

BGNE Stock Analysis - Frequently Asked Questions

Should I buy or sell BeiGene stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BeiGene in the last twelve months. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BGNE shares.
View BGNE analyst ratings
or view top-rated stocks.

What is BeiGene's stock price target for 2024?

9 Wall Street research analysts have issued 1 year target prices for BeiGene's shares. Their BGNE share price targets range from $161.00 to $345.00. On average, they predict the company's stock price to reach $251.70 in the next twelve months. This suggests a possible upside of 94.7% from the stock's current price.
View analysts price targets for BGNE
or view top-rated stocks among Wall Street analysts.

How have BGNE shares performed in 2024?

BeiGene's stock was trading at $180.36 at the start of the year. Since then, BGNE shares have decreased by 28.3% and is now trading at $129.27.
View the best growth stocks for 2024 here
.

When is BeiGene's next earnings date?

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

How were BeiGene's earnings last quarter?

BeiGene, Ltd. (NASDAQ:BGNE) posted its quarterly earnings results on Monday, February, 26th. The company reported ($3.53) EPS for the quarter, topping the consensus estimate of ($3.61) by $0.08. The firm had revenue of $634.40 million for the quarter, compared to the consensus estimate of $632.52 million. BeiGene had a negative net margin of 35.86% and a negative trailing twelve-month return on equity of 23.12%. The business's revenue was up 66.9% compared to the same quarter last year. During the same quarter last year, the business earned ($4.29) earnings per share.

What is John V. Oyler's approval rating as BeiGene's CEO?

58 employees have rated BeiGene Chief Executive Officer John V. Oyler on Glassdoor.com. John V. Oyler has an approval rating of 69% among the company's employees. 42.0% of employees surveyed would recommend working at BeiGene to a friend.

What other stocks do shareholders of BeiGene own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BeiGene investors own include NVIDIA (NVDA), Alibaba Group (BABA), CRISPR Therapeutics (CRSP), Block (SQ), Intuitive Surgical (ISRG), JD.com (JD), Intel (INTC), Baidu (BIDU), Marvell Technology (MRVL) and Cisco Systems (CSCO).

When did BeiGene IPO?

BeiGene (BGNE) raised $126 million in an initial public offering on Wednesday, February 3rd 2016. The company issued 5,500,000 shares at $22.00-$24.00 per share. Goldman Sachs, Morgan Stanley and Cowen and Company acted as the underwriters for the IPO and Baird was co-manager.

Who are BeiGene's major shareholders?

BeiGene's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include LVW Advisors LLC (0.00%). Insiders that own company stock include Advisors Ltd Hhlr, Amgen Inc, Chan Henry Lee, Corazon (Corsee) D Sanders, Howard Liang, Jane Huang, John Oyler, Julia Aijun Wang, Lai Wang, Ltd Beigene, Timothy Yung-Cheng Chen, Xiaobin Wu and Xiaodong Wang.
View institutional ownership trends
.

How do I buy shares of BeiGene?

Shares of BGNE 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:BGNE) was last updated on 4/19/2024 by MarketBeat.com Staff

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