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BridgeBio Pharma (BBIO) Stock Forecast & Price Target

BridgeBio Pharma logo
$23.41
-0.38 (-1.60%)
(As of 10/31/2024 ET)

BridgeBio Pharma - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
2
Buy
13

Based on 15 Wall Street analysts who have issued ratings for BridgeBio Pharma in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 15 analysts, 2 have given a hold rating, and 13 have given a buy rating for BBIO.

Consensus Price Target

$47.50
102.90% Upside
According to the 15 analysts' twelve-month price targets for BridgeBio Pharma, the average price target is $47.50. The highest price target for BBIO is $70.00, while the lowest price target for BBIO is $37.00. The average price target represents a forecasted upside of 102.90% from the current price of $23.41.
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BBIO Analyst Ratings Over Time

TypeCurrent Forecast
11/1/23 to 10/31/24
1 Month Ago
10/2/23 to 10/1/24
3 Months Ago
8/3/23 to 8/2/24
1 Year Ago
11/1/22 to 11/1/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
13 Buy rating(s)
11 Buy rating(s)
9 Buy rating(s)
10 Buy rating(s)
Hold
2 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$47.50$47.92$48.73$38.45
Forecasted Upside102.90% Upside93.21% Upside86.12% Upside44.29% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Buy
Moderate Buy

BBIO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BBIO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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BridgeBio Pharma Stock vs. The Competition

TypeBridgeBio PharmaMedical CompaniesS&P 500
Consensus Rating Score
2.87
2.79
2.50
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside95.80% Upside15,773.04% Upside10.09% Upside
News Sentiment Rating
Neutral News

See Recent BBIO News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/25/2024HC Wainwright
2 of 5 stars
 Reiterated RatingBuy ➝ Buy$43.00 ➝ $43.00+77.91%
10/17/2024Leerink Partners
1 of 5 stars
 Lower TargetOutperform ➝ Outperform$47.00 ➝ $46.00+76.86%
10/16/2024Scotiabank
5 of 5 stars
G. Harrison
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Initiated CoverageSector Outperform$44.00+73.36%
10/3/2024Oppenheimer
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 Initiated CoverageMarket Perform
9/16/2024Cantor Fitzgerald
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 Reiterated RatingOverweight ➝ Overweight$70.00 ➝ $70.00+167.18%
9/11/2024Bank of America
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 Reiterated RatingBuy ➝ Buy$42.00 ➝ $42.00+40.05%
9/4/2024Piper Sandler
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B. Amin
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Initiated CoverageOverweight$46.00+60.06%
8/7/2024JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$46.00 ➝ $43.00+77.32%
8/7/2024Evercore ISI
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C. Kasimov
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Lower TargetOutperform ➝ Outperform$50.00 ➝ $45.00+80.65%
5/28/2024UBS Group
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 Lower TargetBuy ➝ Buy$51.00 ➝ $47.00+68.22%
3/21/2024Raymond James
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 Initiated CoverageOutperform$45.00+57.18%
3/5/2024Mizuho
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 Lower TargetBuy ➝ Buy$60.00 ➝ $53.00+63.81%
2/23/2024Citigroup
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 Boost TargetBuy ➝ Buy$42.00 ➝ $46.00+34.58%
1/31/2024BMO Capital Markets
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 Initiated CoverageMarket Perform$37.00+2.52%
12/8/2023Wells Fargo & Company
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 Initiated CoverageOverweight$58.00+72.57%
7/18/2023The Goldman Sachs Group
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 Boost TargetBuy$29.00 ➝ $50.00+56.05%
7/18/2023BTIG Research
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 Boost Target$32.00 ➝ $42.00+31.09%
7/17/2023Jefferies Financial Group
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 DowngradeBuy ➝ Hold$24.00 ➝ $33.00+3.00%
4/13/2023SVB Securities
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 Boost TargetOutperform$25.00 ➝ $27.00+77.87%
2/6/2023Cowen
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 Initiated CoverageOutperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 10:37 PM ET.


BBIO Forecast - Frequently Asked Questions

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for BridgeBio Pharma is $47.50, with a high forecast of $70.00 and a low forecast of $37.00.

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BridgeBio Pharma in the last year. There are currently 2 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BBIO shares.

According to analysts, BridgeBio Pharma's stock has a predicted upside of 102.90% based on their 12-month stock forecasts.

BridgeBio Pharma has been rated by research analysts at Bank of America, Cantor Fitzgerald, Evercore ISI, HC Wainwright, JPMorgan Chase & Co., Leerink Partners, Oppenheimer, Piper Sandler, and Scotiabank in the past 90 days.

Analysts like BridgeBio Pharma more than other "medical" companies. The consensus rating score for BridgeBio Pharma is 2.87 while the average consensus rating score for "medical" companies is 2.79. Learn more on how BBIO compares to other companies.


This page (NASDAQ:BBIO) was last updated on 10/31/2024 by MarketBeat.com Staff
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