NASDAQ:BMEA

Biomea Fusion (BMEA) Stock Price, News & Analysis

$11.09
+0.02 (+0.18%)
(As of 09:44 AM ET)
Today's Range
$11.03
$11.15
50-Day Range
$10.47
$17.85
52-Week Range
$8.13
$43.69
Volume
19,001 shs
Average Volume
942,292 shs
Market Capitalization
$398.57 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$53.25

Biomea Fusion MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
381.0% Upside
$53.25 Price Target
Short Interest
Bearish
49.86% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.18mentions of Biomea Fusion in the last 14 days
Based on 9 Articles This Week
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.

1.54 out of 5 stars

Medical Sector

671st out of 905 stocks

Pharmaceutical Preparations Industry

310th 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

Biomea Fusion (NASDAQ:BMEA) Price Target Raised to $15.00
Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Recap: Biomea Fusion Q4 Earnings
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
See More Headlines
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Company Calendar

Last Earnings
4/01/2024
Today
5/09/2024
Next Earnings (Estimated)
7/29/2024
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
$53.25
High Stock Price Target
$90.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+381.0%
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
26,502,000
Market Cap
$397.86 million
Optionable
Optionable
Beta
-0.33
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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 price targets for Biomea Fusion's shares. Their BMEA share price targets range from $15.00 to $90.00. On average, they predict the company's stock price to reach $53.25 in the next twelve months. This suggests a possible upside of 381.0% 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 start of the year. Since then, BMEA shares have decreased by 23.8% and is now trading at $11.07.
View the best growth stocks for 2024 here
.

Are investors shorting Biomea Fusion?

Biomea Fusion saw a increase in short interest in 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 trading volume of 1,020,000 shares, the short-interest ratio is presently 13.0 days. Currently, 47.8% of the shares of the company are short sold.
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 Monday, July 29th 2024.
View our BMEA earnings forecast
.

How were Biomea Fusion's earnings last quarter?

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

When did Biomea Fusion IPO?

Biomea Fusion (BMEA) raised $120 million in an initial public offering on Friday, April 16th 2021. The company issued 7,500,000 shares at $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 number of retail and institutional investors. Top institutional investors include Simplex Trading LLC (0.00%), Griffin Asset Management Inc. (0.11%), GSA Capital Partners LLP (0.10%), SG Americas Securities LLC (0.09%), Mirae Asset Global Investments Co. Ltd. (0.04%) and Oppenheimer & Co. Inc. (0.04%). 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 5/9/2024 by MarketBeat.com Staff

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