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BeiGene (BGNE) Stock Forecast & Price Target

BeiGene logo
$194.26 +6.49 (+3.46%)
(As of 11/20/2024 ET)

BeiGene - 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
5

Based on 7 Wall Street analysts who have issued ratings for BeiGene in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 2 have given a hold rating, and 5 have given a buy rating for BGNE.

Consensus Price Target

$247.07
27.19% Upside
According to the 7 analysts' twelve-month price targets for BeiGene, the average price target is $247.07. The highest price target for BGNE is $345.00, while the lowest price target for BGNE is $152.50. The average price target represents a forecasted upside of 27.19% from the current price of $194.26.
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BGNE Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
7 Buy rating(s)
10 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$247.07$246.21$248.61$278.08
Forecasted Upside27.19% Upside11.60% Upside28.27% Upside52.13% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

BGNE 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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BGNE 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

BeiGene Stock vs. The Competition

TypeBeiGeneMedical CompaniesS&P 500
Consensus Rating Score
2.71
2.80
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside27.19% Upside26,931.55% Upside9.81% Upside
News Sentiment Rating
Neutral News

See Recent BGNE News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/13/2024TD Cowen
4 of 5 stars
 Boost TargetBuy ➝ Buy$254.00 ➝ $260.00+32.21%
10/22/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$200.00 ➝ $235.00+7.12%
9/18/2024JMP Securities
2 of 5 stars
R. Benjamin
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Initiated CoverageMarket Outperform$288.00+45.82%
8/8/2024Citigroup
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 Boost TargetBuy ➝ Buy$269.00 ➝ $288.00+57.06%
7/9/2024Bank of America
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 Lower TargetNeutral ➝ Neutral$180.00 ➝ $152.50+5.82%
3/27/2024Sanford C. Bernstein
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 Lower TargetMarket Perform ➝ Market Perform$196.00 ➝ $161.00+4.67%
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2/27/2024Guggenheim
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 Lower TargetBuy ➝ Buy$350.00 ➝ $345.00+98.62%
9/12/2023Royal Bank of Canada
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 Initiated CoverageOutperform$259.00+25.82%
9/11/2023Macquarie
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 Initiated CoverageOutperform$259.00+23.78%
8/29/2023Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$321.00 ➝ $319.00+50.44%
8/17/2023Jefferies Financial Group
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 Initiated CoverageBuy$287.00+49.22%
6/30/202351job
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 Reiterated RatingDowngrade
6/30/202322nd Century Group
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 Reiterated RatingDowngrade
6/30/20233M
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 Reiterated RatingDowngrade
2/28/2023Cowen
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 Boost TargetOutperform$213.00 ➝ $262.00+21.28%
1/20/2023Leerink Partners
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 Boost TargetOutperform$236.00 ➝ $300.00+9.29%
1/11/2023Daiwa Capital Markets
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 Initiated CoverageBuy$308.00+20.87%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 09:30 AM ET.


Should I Buy BeiGene Stock? BGNE Pros and Cons Explained

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 Friday, November 8, 2024. Please send any questions or comments about these BeiGene pros and cons to contact@marketbeat.com.

BeiGene
Bull Case

green Wall Street bull icon

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

  • BeiGene, Ltd. has shown positive quarterly earnings results, beating analysts' consensus estimates.
  • Recent analyst reports have been favorable, with price target upgrades and buy ratings from multiple firms.
  • Institutional investors have been increasing their stakes in BeiGene, indicating confidence in the company's future growth potential.
  • Insider trading activity shows a mix of selling and buying, providing insights into the company's performance and potential.
  • BeiGene, Ltd. has been actively developing and commercializing oncology medicines globally, tapping into a high-demand sector.

BeiGene
Bear Case

red Wall Street bear icon

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

  • BeiGene, Ltd. has a negative return on equity and net margin, indicating financial challenges that may impact future profitability.
  • Some analysts have issued neutral ratings for the stock, suggesting uncertainty in the company's performance.
  • Insider selling activity has been notable in recent months, potentially signaling concerns among company insiders.
  • The stock price has experienced fluctuations, which could introduce volatility and risk for investors.
  • While revenue has been growing, the company's negative earnings per share raise concerns about its financial health.

BGNE Forecast - Frequently Asked Questions

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for BeiGene is $247.07, with a high forecast of $345.00 and a low forecast of $152.50.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BeiGene in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BGNE shares.

According to analysts, BeiGene's stock has a predicted upside of 27.19% based on their 12-month stock forecasts.

BeiGene has been rated by research analysts at JMP Securities, JPMorgan Chase & Co., and TD Cowen in the past 90 days.

Analysts like BeiGene less than other "medical" companies. The consensus rating score for BeiGene is 2.71 while the average consensus rating score for "medical" companies is 2.80. Learn more on how BGNE compares to other companies.


This page (NASDAQ:BGNE) was last updated on 11/21/2024 by MarketBeat.com Staff
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