NASDAQ:BPMC

Blueprint Medicines (BPMC) Stock Price, News & Analysis

$107.19
+0.19 (+0.18%)
(As of 05/3/2024 ET)
Today's Range
$106.07
$110.93
50-Day Range
$85.18
$107.19
52-Week Range
$43.89
$110.93
Volume
1.00 million shs
Average Volume
698,730 shs
Market Capitalization
$6.56 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$94.87

Blueprint Medicines MarketRank™ Stock Analysis

Analyst Rating
Hold
2.47 Rating Score
Upside/​Downside
11.5% Downside
$94.87 Price Target
Short Interest
Bearish
6.94% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.44mentions of Blueprint Medicines in the last 14 days
Based on 28 Articles This Week
Insider Trading
Selling Shares
$8.31 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($5.38) to ($2.79) 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.

0.69 out of 5 stars

Medical Sector

824th out of 904 stocks

Pharmaceutical Preparations Industry

392nd out of 423 stocks

BPMC stock logo

About Blueprint Medicines Stock (NASDAQ:BPMC)

Blueprint Medicines Corporation, a precision therapy company, develops medicines for genomically defined cancers and blood disorders in the United States and internationally. The company is developing AYVAKIT for the treatment of systemic mastocytosis (SM) and gastrointestinal stromal tumors; BLU-263, an orally available, potent, and KIT inhibitor for the treatment of indolent SM, and other mast cell disorders. It is also developing GAVRETO for the treatment of RET fusion-positive non-small cell lung cancer, altered thyroid carcinoma, and medullary thyroid carcinoma; BLU-945 for the treatment of epidermal growth factor receptor driven non-small-cell lung carcinoma (NSCLC); and BLU-451 to treat NSCLC in patients with epidermal growth factor receptor gene (EGFR) exon 20 insertion mutations. In addition, the company is developing BLU-782, for the treatment of fibrodysplasia ossificans progressive; BLU- 222 to treat patients with cyclin E aberrant cancers; and BLU-852 for the treatment of advanced cancers. It has collaboration and license agreements with Clementia Pharmaceuticals, Inc.; Proteovant Therapeutics; CStone Pharmaceuticals; Genentech, Inc.; Hoffmann-La Roche Inc.; and Zai Lab (Shanghai) Co., Ltd. The company was formerly known as Hoyle Pharmaceuticals, Inc. and changed its name to Blueprint Medicines Corporation in June 2011. Blueprint Medicines Corporation was incorporated in 2008 and is headquartered in Cambridge, Massachusetts.

BPMC Stock Price History

BPMC Stock News Headlines

Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years
If you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)
Q1 2024 Blueprint Medicines Corp Earnings Call
Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years
If you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)
Blueprint Medicines (NASDAQ:BPMC) PT Raised to $130.00
Rubrik to debut on NYSE, IPO priced at $32 per share
The Analyst Verdict: Blueprint Medicines In The Eyes Of 7 Experts
Piper Sandler Keeps Their Hold Rating on Blueprint Medicines (BPMC)
Decoding 6 Analyst Evaluations For Blueprint Medicines
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Today
5/04/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:BPMC
Fax
N/A
Employees
655
Year Founded
2011

Price Target and Rating

Average Stock Price Target
$94.87
High Stock Price Target
$135.00
Low Stock Price Target
$43.00
Potential Upside/Downside
-11.5%
Consensus Rating
Hold
Rating Score (0-4)
2.47
Research Coverage
15 Analysts

Profitability

Net Income
$-506,980,000.00
Net Margins
-102.15%
Pretax Margin
-202.91%

Debt

Sales & Book Value

Annual Sales
$249.38 million
Book Value
$2.15 per share

Miscellaneous

Free Float
58,825,000
Market Cap
$6.56 billion
Optionable
Optionable
Beta
0.65

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Key Executives


BPMC Stock Analysis - Frequently Asked Questions

Should I buy or sell Blueprint Medicines stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Blueprint Medicines in the last twelve months. There are currently 3 sell ratings, 3 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BPMC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BPMC, but not buy additional shares or sell existing shares.
View BPMC analyst ratings
or view top-rated stocks.

What is Blueprint Medicines' stock price target for 2024?

15 Wall Street research analysts have issued 12 month price objectives for Blueprint Medicines' stock. Their BPMC share price targets range from $43.00 to $135.00. On average, they expect the company's share price to reach $94.87 in the next year. This suggests that the stock has a possible downside of 11.5%.
View analysts price targets for BPMC
or view top-rated stocks among Wall Street analysts.

How have BPMC shares performed in 2024?

Blueprint Medicines' stock was trading at $92.24 at the start of the year. Since then, BPMC shares have increased by 16.2% and is now trading at $107.19.
View the best growth stocks for 2024 here
.

Are investors shorting Blueprint Medicines?

Blueprint Medicines saw a drop in short interest in March. As of March 31st, there was short interest totaling 4,370,000 shares, a drop of 15.1% from the March 15th total of 5,150,000 shares. Based on an average daily trading volume, of 786,700 shares, the short-interest ratio is presently 5.6 days.
View Blueprint Medicines' Short Interest
.

When is Blueprint Medicines' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our BPMC earnings forecast
.

How were Blueprint Medicines' earnings last quarter?

Blueprint Medicines Co. (NASDAQ:BPMC) announced its earnings results on Thursday, February, 15th. The biotechnology company reported ($1.82) earnings per share for the quarter, topping the consensus estimate of ($2.04) by $0.22. The biotechnology company had revenue of $71.96 million for the quarter, compared to analysts' expectations of $67.34 million. Blueprint Medicines had a negative net margin of 102.15% and a negative trailing twelve-month return on equity of 215.07%. The company's revenue for the quarter was up 85.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($2.65) EPS.

What is Kate Haviland's approval rating as Blueprint Medicines' CEO?

16 employees have rated Blueprint Medicines Chief Executive Officer Kate Haviland on Glassdoor.com. Kate Haviland has an approval rating of 100% among the company's employees. This puts Kate Haviland in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 93.0% of employees surveyed would recommend working at Blueprint Medicines to a friend.

What other stocks do shareholders of Blueprint Medicines own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Blueprint Medicines investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), AbbVie (ABBV), Micron Technology (MU), Pfizer (PFE), Gilead Sciences (GILD), QUALCOMM (QCOM), Amarin (AMRN), CRISPR Therapeutics (CRSP) and Nektar Therapeutics (NKTR).

When did Blueprint Medicines IPO?

Blueprint Medicines (BPMC) raised $115 million in an initial public offering on Thursday, April 30th 2015. The company issued 7,200,000 shares at a price of $15.00-$17.00 per share. Goldman Sachs and Cowen and Company served as the underwriters for the IPO and JMP Securities and Wedbush PacGrow were co-managers.

Who are Blueprint Medicines' major shareholders?

Blueprint Medicines' stock is owned by a number of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.29%), Peregrine Capital Management LLC (0.15%), Principal Financial Group Inc. (0.10%), Raymond James Financial Services Advisors Inc. (0.06%), Mirae Asset Global Investments Co. Ltd. (0.06%) and Mutual of America Capital Management LLC (0.06%). Insiders that own company stock include Ariel Hurley, Christina Rossi, Christopher K Murray, Debra Durso-Bumpus, Fouad Namouni, George Demetri, Jeffrey W Albers, Kate Haviland, L Becker Hewes, Mark Alan Goldberg, Michael Landsittel, Percy H Carter and Tracey L Mccain.
View institutional ownership trends
.

How do I buy shares of Blueprint Medicines?

Shares of BPMC 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:BPMC) was last updated on 5/5/2024 by MarketBeat.com Staff

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