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Blueprint Medicines (BPMC) Stock Forecast & Price Target

Blueprint Medicines logo
$88.69 -6.96 (-7.28%)
(As of 11/15/2024 ET)

Blueprint Medicines - 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
1
Hold
6
Buy
14

Based on 21 Wall Street analysts who have issued ratings for Blueprint Medicines in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 21 analysts, 1 has given a sell rating, 6 have given a hold rating, 12 have given a buy rating, and 2 have given a strong buy rating for BPMC.

Consensus Price Target

$122.11
37.68% Upside
According to the 21 analysts' twelve-month price targets for Blueprint Medicines, the average price target is $122.11. The highest price target for BPMC is $168.00, while the lowest price target for BPMC is $76.00. The average price target represents a forecasted upside of 37.68% from the current price of $88.69.
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BPMC Analyst Ratings Over Time

TypeCurrent Forecast
11/18/23 to 11/17/24
1 Month Ago
10/19/23 to 10/18/24
3 Months Ago
8/20/23 to 8/19/24
1 Year Ago
11/18/22 to 11/18/23
Strong Buy
2 Strong Buy rating(s)
2 Strong Buy rating(s)
2 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
12 Buy rating(s)
11 Buy rating(s)
11 Buy rating(s)
7 Buy rating(s)
Hold
6 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
2 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$122.11$120.00$120.00$75.43
Forecasted Upside37.68% Upside39.53% Upside25.39% Upside18.49% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

BPMC 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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BPMC 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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Blueprint Medicines Stock vs. The Competition

TypeBlueprint MedicinesMedical CompaniesS&P 500
Consensus Rating Score
2.71
2.80
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside37.68% Upside28,534.42% Upside9.87% Upside
News Sentiment Rating
Positive News

See Recent BPMC News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/15/2024Needham & Company LLC
3 of 5 stars
 Reiterated RatingBuy ➝ Buy$135.00 ➝ $135.00+41.14%
11/15/2024HC Wainwright
2 of 5 stars
 Reiterated RatingBuy ➝ Buy$135.00 ➝ $135.00+41.14%
11/14/2024Wedbush
4 of 5 stars
 Reiterated RatingOutperform$135.00+41.14%
11/14/2024JPMorgan Chase & Co.
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 Initiated CoverageOverweight$126.00+30.06%
10/31/2024Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$153.00 ➝ $151.00+70.37%
10/24/2024UBS Group
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D. Dai
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Initiated CoverageNeutral$88.00+4.27%
8/2/2024Baird R W
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C. Kusy
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UpgradeStrong-Buy
8/2/2024Guggenheim
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 Boost TargetBuy ➝ Buy$130.00 ➝ $138.00+42.18%
8/2/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$112.00 ➝ $127.00+30.24%
7/29/2024Barclays
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 Boost TargetEqual Weight ➝ Equal Weight$75.00 ➝ $105.00-4.93%
7/12/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$110.00 ➝ $115.00-3.04%
7/8/2024Oppenheimer
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 Boost TargetOutperform ➝ Outperform$114.00 ➝ $125.00+11.91%
6/7/2024JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Outperform$125.00 ➝ $125.00+19.90%
5/14/2024Stephens
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S. Loganathan
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Initiated CoverageOverweight$140.00+29.57%
5/6/2024Leerink Partnrs
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A. Berens
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UpgradeUnderperform ➝ Market Perform
5/6/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$121.00 ➝ $168.00+57.78%
5/6/2024Leerink Partners
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 UpgradeUnderperform ➝ Market Perform$50.00 ➝ $97.00-9.51%
5/3/2024Citigroup
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 Boost TargetSell ➝ Sell$65.00 ➝ $76.00-29.10%
5/3/2024Piper Sandler
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 Boost TargetNeutral ➝ Neutral$78.00 ➝ $104.00-5.98%
4/26/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$120.00 ➝ $130.00+40.00%
12/22/2023Raymond James
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 Boost TargetStrong-Buy ➝ Strong-Buy$85.00 ➝ $100.00+16.37%
6/5/2023SVB Securities
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 DowngradeMarket Perform ➝ Underperform$48.00 ➝ $43.00-26.14%
5/5/2023VNET Group
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 Reiterated RatingMaintains

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 10:30 AM ET.


BPMC Forecast - Frequently Asked Questions

According to the research reports of 21 Wall Street equities research analysts, the average twelve-month stock price forecast for Blueprint Medicines is $122.11, with a high forecast of $168.00 and a low forecast of $76.00.

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Blueprint Medicines in the last year. There is currently 1 sell rating, 6 hold ratings, 12 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BPMC shares.

According to analysts, Blueprint Medicines's stock has a predicted upside of 37.68% based on their 12-month stock forecasts.

Blueprint Medicines has been rated by research analysts at HC Wainwright, JPMorgan Chase & Co., Needham & Company LLC, UBS Group, Wedbush, and Wells Fargo & Company in the past 90 days.

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


This page (NASDAQ:BPMC) was last updated on 11/17/2024 by MarketBeat.com Staff
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