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Bristol Myers Squibb (BMY) Stock Forecast & Price Target

Bristol Myers Squibb logo
$60.89 +0.73 (+1.21%)
Closing price 07/21/2026 03:59 PM Eastern
Extended Trading
$60.98 +0.09 (+0.14%)
As of 04:30 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

Bristol Myers Squibb - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
1
Hold
10
Buy
8

Based on 19 Wall Street analysts who have issued ratings for Bristol Myers Squibb in the last 12 months, the stock has a consensus rating of "Hold." Out of the 19 analysts, 1 has given a sell rating, 10 have given a hold rating, and 8 have given a buy rating for BMY.

Consensus Price Target

$61.25
0.60% Upside
According to the 19 analysts' twelve-month price targets for Bristol Myers Squibb, the average price target is $61.25. The highest price target for BMY is $75.00, while the lowest price target for BMY is $40.00. The average price target represents a forecasted upside of 0.60% from the current price of $60.89.
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.
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BMY Analyst Ratings Over Time

TypeCurrent Forecast
7/22/25 to 7/22/26
1 Month Ago
6/22/25 to 6/22/26
3 Months Ago
4/23/25 to 4/23/26
1 Year Ago
7/22/24 to 7/22/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
2 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
9 Buy rating(s)
3 Buy rating(s)
Hold
10 Hold rating(s)
10 Hold rating(s)
12 Hold rating(s)
13 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$61.25$61.31$61.71$57.69
Forecasted Upside0.60% Upside12.17% Upside4.56% Upside20.04% Upside
Consensus RatingHoldHoldHoldHold

BMY 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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BMY 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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Bristol Myers Squibb Stock vs. The Competition

TypeBristol Myers SquibbMedical CompaniesBroader Market
Consensus Rating Score
2.37
2.29
2.52
Consensus RatingHoldHoldModerate Buy
Predicted Upside0.60% Upside867.24% Upside14.57% Upside
News Sentiment Rating
Positive News

See Recent BMY News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
7/16/2026
Weiss Ratings logo
Weiss Ratings
5 of 5 stars
 DowngradeHold (C+)Hold (C)
7/10/2026
Bank of America Corporation logo
Bank of America
4 of 5 stars
Tim Anderson
Tim Anderson
Not Rated
Lower TargetBuy$67.00 ➝ $66.00+15.16%
7/6/2026
Cantor Fitzgerald logo
Cantor Fitzgerald
5 of 5 stars
Carter Gould
Carter Gould
4 of 5 stars
Reiterated RatingNeutral$54.00-6.98%
5/28/2026 Reiterated RatingBuy
5/1/2026 Reiterated RatingNeutral
4/8/2026Reiterated RatingBuy$72.00+24.82%
3/17/2026Boost TargetHold$53.00 ➝ $60.00-0.91%
2/24/2026Initiated CoverageSector Perform$60.00-2.62%
2/23/2026Reiterated RatingOverweight$66.00 ➝ $75.00+23.65%
2/19/2026Initiated CoverageUnderweightOverweight$75.00+24.33%
2/6/2026Reiterated RatingUnderweight$40.00-34.88%
2/6/2026Reiterated RatingOutperform$55.00 ➝ $60.00+0.95%
1/13/2026Boost TargetOutperform$54.00 ➝ $60.00+6.39%
1/9/2026Reiterated RatingSector Perform$53.00 ➝ $60.00+7.82%
12/3/2025Set Target$65.00+27.53%
12/2/2025Reiterated RatingNeutral$51.00 ➝ $57.00+15.99%
11/17/2025 Reiterated RatingMarket Perform
11/3/2025 Reiterated RatingMarket Perform
10/2/2025 UpgradeModerate Buy
8/5/2025DowngradeOutperformNeutral$42.00-7.47%
4/25/2025UpgradeHold
4/25/2025 Reiterated RatingMarket Perform
4/23/2025Lower TargetBuy$70.00 ➝ $68.00+36.49%
11/15/2024Initiated CoveragePeer Perform
10/7/2024 Boost TargetHold$53.00 ➝ $59.00+9.32%
7/23/2024 Lower TargetHold$53.00 ➝ $45.00+5.36%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 05:05 AM ET.


Should I Buy Bristol Myers Squibb Stock? BMY 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 Saturday, July 18, 2026. Please send any questions or comments about these Bristol Myers Squibb pros and cons to contact@marketbeat.com.

Bristol Myers Squibb
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Bristol-Myers Squibb:

  • The current stock price is around $56, which is significantly below its twelve-month high of $62.89, indicating potential for price appreciation.
  • Bristol-Myers Squibb has a strong market capitalization of approximately $123 billion, reflecting its stability and size in the biopharmaceutical sector.
  • The company reported earnings per share of $1.58, surpassing analyst expectations, which demonstrates its ability to generate profits effectively.
  • With a PEG ratio of 0.17, Bristol-Myers Squibb is considered undervalued relative to its growth rate, making it an attractive investment opportunity.
  • The firm has a solid dividend yield of around 4.2%, providing investors with a reliable income stream alongside potential capital gains.

Bristol Myers Squibb
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Bristol-Myers Squibb for these reasons:

  • The company has a high debt-to-equity ratio of 2.10, indicating that it relies heavily on debt financing, which could pose risks in a rising interest rate environment.
  • Recent quarterly revenue growth was only 2.6% year-over-year, suggesting that the company may face challenges in accelerating its growth rate.
  • With a net margin of 15.01%, there may be concerns about profitability compared to industry peers, which could affect investor confidence.
  • Analysts forecast earnings per share of 6.32 for the current fiscal year, which may not meet the expectations of more aggressive growth investors.
  • The stock has shown relatively low volatility with a beta of 0.23, which may not appeal to investors seeking high-risk, high-reward opportunities.

BMY Forecast - Frequently Asked Questions

According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Bristol Myers Squibb is $61.25, with a high forecast of $75.00 and a low forecast of $40.00.

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bristol Myers Squibb in the last twelve months. There is currently 1 sell rating, 10 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BMY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BMY, but not buy additional shares or sell existing shares.

According to analysts, Bristol Myers Squibb's stock has a predicted upside of 0.60% based on their 12-month stock forecasts.

Over the previous 90 days, Bristol Myers Squibb's stock had 1 downgrade by analysts.

Bristol Myers Squibb has been rated by research analysts at Bank of America, Cantor Fitzgerald, Citigroup, UBS Group, and Weiss Ratings in the past 90 days.

Analysts like Bristol Myers Squibb more than other "medical" companies. The consensus rating score for Bristol Myers Squibb is 2.37 while the average consensus rating score for "medical" companies is 2.29. Learn more on how BMY compares to other companies.


This page (NYSE:BMY) was last updated on 7/22/2026 by MarketBeat.com Staff.
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