BridgeBio Pharma (BBIO) Stock Forecast & Price Target

$23.72 -0.39 (-1.62%)

(As of 11/15/2024 08:53 PM 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

Moderate Buy

Based on 15 Analyst Ratings

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

$47.57
100.55% Upside

According to the 15 analysts' twelve-month price targets for BridgeBio Pharma, the average price target is $47.57. 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 100.55% from the current price of $23.72.

BBIO Analyst Ratings Over Time

Type	Current Forecast 11/19/23 to 11/18/24	1 Month Ago 10/20/23 to 10/19/24	3 Months Ago 8/21/23 to 8/20/24	1 Year Ago 11/19/22 to 11/19/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	13 Buy rating(s)	13 Buy rating(s)	10 Buy rating(s)	11 Buy rating(s)
Hold	2 Hold rating(s)	2 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	$47.57	$47.50	$48.09	$38.75
Forecasted Upside	100.55% Upside	82.55% Upside	87.42% Upside	32.48% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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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.

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.

BridgeBio Pharma Stock vs. The Competition

Type	BridgeBio Pharma	Medical Companies	S&P 500
Consensus Rating Score	2.87	2.80	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	100.55% Upside	28,621.01% Upside	9.87% Upside
News Sentiment Rating	Neutral News See Recent BBIO News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/15/2024	Scotiabank 5 of 5 stars	G. Harrison Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sector Outperform ➝ Sector Outperform	$44.00 ➝ $45.00	+93.97%
10/25/2024	HC Wainwright 2 of 5 stars		Reiterated Rating	Buy ➝ Buy	$43.00 ➝ $43.00	+77.91%
10/17/2024	Leerink Partners 1 of 5 stars		Lower Target	Outperform ➝ Outperform	$47.00 ➝ $46.00	+76.86%
10/3/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform
9/16/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$70.00 ➝ $70.00	+167.18%
9/11/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$42.00 ➝ $42.00	+40.05%
The Harvard Business School proved his stock picking system works (Ad) If you missed our last email, I hope you see this one. You see, this Tuesday afternoon we’re sitting down with the #1 ranked stock picker in North America. A man who’s beat out 16,000 stock market professionals on Sum Zero to claim the top spot… He was amongst the first to recommend many of today’s most dominant companies, including both Apple and Nvidia. And for the first time on a large scale, he’s going to share the stock rating system that made it all possible… Not only has this system been proven to generate significant alpha by The Harvard Business School… It also earned a patent from the US government… The technology behind this system is out of this world, and our #1 stock picker has agreed to let us test a number of stocks against it. Follow this link here we’ll add you to the guest list.
9/4/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Amin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight	$46.00	+60.06%
8/7/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$46.00 ➝ $43.00	+77.32%
8/7/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Kasimov Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$50.00 ➝ $45.00	+80.65%
5/28/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$51.00 ➝ $47.00	+68.22%
3/21/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$45.00	+57.18%
3/5/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$60.00 ➝ $53.00	+63.81%
2/23/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$42.00 ➝ $46.00	+34.58%
1/31/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform	$37.00	+2.52%
12/8/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight	$58.00	+72.57%
7/18/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$29.00 ➝ $50.00	+56.05%
7/18/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$32.00 ➝ $42.00	+31.09%
7/17/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$24.00 ➝ $33.00	+3.00%
4/13/2023	SVB Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$25.00 ➝ $27.00	+77.87%
2/6/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 02:30 AM 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 $47.57, with a high forecast of $70.00 and a low forecast of $37.00.
: 15 Wall Street 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 analysts is that investors should "moderate buy" BBIO shares.
: According to analysts, BridgeBio Pharma's stock has a predicted upside of 100.55% based on their 12-month stock forecasts.
: BridgeBio Pharma has been rated by research analysts at Bank of America, Cantor Fitzgerald, HC Wainwright, 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 2.80. Learn more on how BBIO compares to other companies.

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This page (NASDAQ:BBIO) was last updated on 11/18/2024 by MarketBeat.com Staff

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BridgeBio Pharma (BBIO) Stock Forecast & Price Target