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Bristol Myers Squibb (BMY) Stock Forecast & Price Target

Bristol Myers Squibb logo
$63.10 +1.98 (+3.23%)
Closing price 03:59 PM Eastern
Extended Trading
$63.34 +0.24 (+0.39%)
As of 07:59 PM 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
15
Buy
14

Based on 30 Wall Street analysts who have issued ratings for Bristol Myers Squibb in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 30 analysts, 1 has given a sell rating, 15 have given a hold rating, 11 have given a buy rating, and 3 have given a strong buy rating for BMY.

Consensus Price Target

$64.88
2.83% Upside
According to the 30 analysts' twelve-month price targets for Bristol Myers Squibb, the average price target is $64.88. The highest price target for BMY is $76.00, while the lowest price target for BMY is $41.00. The average price target represents a forecasted upside of 2.83% from the current price of $63.10.
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
10/22/25 to 10/22/26
1 Month Ago
9/22/25 to 9/22/26
3 Months Ago
7/24/25 to 7/24/26
1 Year Ago
10/22/24 to 10/22/25
Strong Buy
3 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
11 Buy rating(s)
12 Buy rating(s)
9 Buy rating(s)
4 Buy rating(s)
Hold
15 Hold rating(s)
14 Hold rating(s)
13 Hold rating(s)
13 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$64.88$65.40$61.29$57.23
Forecasted Upside2.83% Upside5.13% Upside-1.23% Downside29.01% Upside
Consensus RatingModerate BuyHoldHoldHold

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.
Skip Chart & View Analyst Rating History

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

Bristol Myers Squibb Stock vs. The Competition

TypeBristol Myers SquibbHealthcare CompaniesBroader Market
Consensus Rating Score
2.53
2.32
2.53
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside2.83% Upside1,333.58% Upside15.80% Upside
News Sentiment Rating
Positive News

See Recent BMY News
Neutral News
Positive News
Report Date
0 Results
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
10/19/2026
Trung Huynh
Not Rated
Reiterated RatingSector Perform
10/16/2026
Asad Haider
5 of 5 stars
UpgradeHold ➝ Strong-Buy
10/13/2026 Reiterated RatingMarket Perform
10/13/2026Lower TargetEqual Weight$65.00 ➝ $60.00+6.22%
10/12/2026Reiterated RatingBuy$76.00+31.86%
10/12/2026 Reiterated RatingMarket Perform
10/9/2026Lower Target$71.00 ➝ $66.00+11.52%
10/8/2026 Boost TargetNeutral$51.00 ➝ $53.00-10.45%
10/8/2026Lower TargetNeutral$59.00 ➝ $53.00-11.20%
10/7/2026Reiterated RatingUnderweight$40.00 ➝ $41.00-31.20%
10/5/2026DowngradeOutperform ➝ Market Perform$73.00 ➝ $59.00-3.53%
9/23/2026 UpgradeHold ➝ Strong-Buy
9/16/2026Reiterated RatingOverweight$75.00 ➝ $82.00+28.75%
9/10/2026Reiterated RatingHold$60.00 ➝ $65.00+0.84%
8/18/2026 UpgradeHold (C+) ➝ Buy (B-)
8/5/2026 Initiated CoverageMarket Perform ➝ Strong-Buy
8/5/2026 Initiated CoverageHold ➝ Buy
8/5/2026 DowngradeBuy ➝ Neutral
8/5/2026 Initiated CoverageBuy$75.00+17.22%
8/5/2026UpgradeHold ➝ Buy$75.00+13.92%
8/4/2026 Boost TargetNeutral$53.00 ➝ $66.00+11.52%
8/3/2026Reiterated RatingNeutral$66.00 ➝ $70.00+6.98%
7/31/2026Reiterated RatingBuy$72.00 ➝ $75.00+15.42%
7/31/2026Boost TargetOverweight$67.00 ➝ $73.00+12.08%
7/31/2026Reiterated RatingBuy$65.00 ➝ $70.00+7.72%
7/27/2026 Reiterated RatingMarket Perform
2/24/2026 Boost TargetHold$57.00 ➝ $60.00+1.38%
2/19/2026Initiated CoverageUnderweight ➝ Overweight$75.00+24.33%
1/9/2026Reiterated RatingSector Perform$53.00 ➝ $60.00+7.82%
12/17/2025 Boost TargetHold$52.00 ➝ $65.00+9.83%
10/2/2025 UpgradeModerate Buy
11/15/2024Initiated CoveragePeer Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 11:29 PM 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 Tuesday, October 20, 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:

  • Bristol-Myers Squibb shares are currently trading at $61.76, which is below the average analyst price target of $64.88, suggesting potential for upside as the stock has recently received a "Strong-Buy" upgrade from Goldman Sachs.
  • The company offers a high dividend yield of 4.22%, providing a steady income stream for investors, with a recent quarterly dividend of $0.63 per share declared for payment in November 2026.
  • Bristol-Myers Squibb demonstrated strong financial performance in the second quarter of 2026, beating consensus estimates with earnings per share of $2.04 compared to the expected $1.60, and revenue of $12.97 billion against an estimate of $11.74 billion.
  • The stock has a low beta of 0.19, indicating that it is less volatile than the overall market, which can be attractive to investors seeking stability in their portfolio.
  • Institutional investors are showing increased confidence, with firms like Assenagon Asset Management S.A. raising their positions by 32.5% in the third quarter and TD Waterhouse Canada Inc. boosting its stake by 145.7%.

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 1.89, which indicates a significant level of leverage and could pose financial risks if interest rates rise or earnings decline.
  • Bristol-Myers Squibb missed its earnings expectations in the first quarter of 2026, reporting earnings per share of $1.26 compared to the consensus estimate of $1.65, which may signal underlying challenges in profitability.
  • The stock is currently trading below its 50-day simple moving average of $63.43, suggesting short-term downward momentum and potential weakness in the near term.
  • Insider selling activity has been observed, with SVP Phil M. Holzer selling 500 shares in August 2026 and EVP David V. Elkins selling 30,000 shares in April 2026, which could indicate a lack of confidence from company leadership.
  • The company's dividend payout ratio is 55.51%, which is relatively high and may limit the company's ability to reinvest in growth or manage debt, especially if earnings face pressure.

BMY Forecast - Frequently Asked Questions

According to the research reports of 30 Wall Street equities research analysts, the average twelve-month stock price forecast for Bristol Myers Squibb is $64.88, with a high forecast of $76.00 and a low forecast of $41.00.

30 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, 15 hold ratings, 11 buy ratings and 3 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BMY shares.

According to analysts, Bristol Myers Squibb's stock has a predicted upside of 2.83% based on their 12-month stock forecasts.

Over the previous 90 days, Bristol Myers Squibb's stock had 6 upgrades and 3 downgrades by analysts.

Analysts like Bristol Myers Squibb more than other "healthcare" companies. The consensus rating for Bristol Myers Squibb is Moderate Buy while the average consensus rating for "healthcare" companies is Hold. Learn more on how BMY compares to other companies.


MarketBeat monitors more than a dozen sources for Bristol Myers Squibb analyst ratings, with the most recent rating issued on 10/19/2026.
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