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NASDAQ:BEAM

Beam Therapeutics (BEAM) Stock Price, News & Analysis

$33.14
+0.97 (+3.02%)
(As of 07/26/2024 ET)
Today's Range
$32.35
$34.09
50-Day Range
$22.57
$33.14
52-Week Range
$16.95
$49.50
Volume
1.09 million shs
Average Volume
1.40 million shs
Market Capitalization
$2.73 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$43.50

Beam Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
31.3% Upside
$43.50 Price Target
Short Interest
Bearish
14.65% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.39mentions of Beam Therapeutics in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$1.48 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($4.68) to ($4.66) 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.

1.92 out of 5 stars

Medical Sector

656th out of 936 stocks

Biological Products, Except Diagnostic Industry

105th out of 154 stocks

BEAM stock logo

About Beam Therapeutics Stock (NASDAQ:BEAM)

Beam Therapeutics Inc., a biotechnology company, engages in the development of precision genetic medicines for patients suffering from serious diseases in the United States. It develops BEAM-101 for the treatment of sickle cell disease or beta-thalassemia; and BEAM-302, a liver-targeting LNP formulation to treat severe alpha-1 antitrypsin deficiency; BEAM-201, an anti-CD7 CAR-T product candidate, which is in Phase 1/2 clinical trials for the treatment of refractory T-cell acute lymphoblastic leukemia/T cell lymphoblastic lymphoma; and BEAM-301, a liver-targeting LNP formulation for the treatment of glycogen storage disease 1a. The company has research collaboration agreement with Pfizer Inc., focus on in vivo base editing programs for targets rare genetic diseases of the liver, muscle, and central nervous system; Apellis Pharmaceuticals to conduct preclinical research on target specific genes within the complement system in various organs, including the eye, liver, and brain; Verve Therapeutics, Inc., for cardiovascular disease treatments; Sana Biotechnology, Inc., to research, develop, and commercialize rights to CRISPR Cas12b for cell therapy programs; and Orbital Therapeutics design RNA for the prevention, treatment or diagnosis of human disease. Beam Therapeutics Inc. was incorporated in 2017 and is based in Cambridge, Massachusetts.

BEAM Stock Price History

BEAM Stock News Headlines

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Company Calendar

Last Earnings
5/07/2024
Today
7/26/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:BEAM
Fax
N/A
Employees
436
Year Founded
2017

Price Target and Rating

Average Stock Price Target
$43.50
High Stock Price Target
$80.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+31.3%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
14 Analysts

Profitability

Net Income
$-132,530,000.00
Pretax Margin
-36.95%

Debt

Sales & Book Value

Annual Sales
$377.71 million
Book Value
$12.04 per share

Miscellaneous

Free Float
78,854,000
Market Cap
$2.73 billion
Optionable
Optionable
Beta
1.87

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BEAM Stock Analysis - Frequently Asked Questions

How have BEAM shares performed this year?

Beam Therapeutics' stock was trading at $27.22 at the beginning of the year. Since then, BEAM shares have increased by 21.7% and is now trading at $33.14.
View the best growth stocks for 2024 here
.

How were Beam Therapeutics' earnings last quarter?

Beam Therapeutics Inc. (NASDAQ:BEAM) issued its quarterly earnings results on Tuesday, May, 7th. The company reported ($1.21) earnings per share for the quarter, beating analysts' consensus estimates of ($1.42) by $0.21. Beam Therapeutics's revenue was down 69.4% on a year-over-year basis.

Does Beam Therapeutics have any subsidiaries?

Beam Therapeutics subsidiaries include Blink Therapeutics Inc..

When did Beam Therapeutics IPO?

Beam Therapeutics (BEAM) raised $101 million in an IPO on Thursday, February 6th 2020. The company issued 6,300,000 shares at $15.00-$17.00 per share. J.P. Morgan, Jefferies and Barclays served as the underwriters for the IPO and Wedbush PacGrow was co-manager.

Who are Beam Therapeutics' major shareholders?

Beam Therapeutics' top institutional shareholders include ARK Investment Management LLC (9.27%), Sumitomo Mitsui Trust Holdings Inc. (2.70%), Baillie Gifford & Co. (0.76%) and Bank of New York Mellon Corp (0.35%). Insiders that own company stock include Fmr Llc, John M Evans, Giuseppe Ciaramella, Christine Bellon, Terry-Ann Burrell and Amy Simon.
View institutional ownership trends
.

How do I buy shares of Beam Therapeutics?

Shares of BEAM 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.

What other stocks do shareholders of Beam Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Beam Therapeutics investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Editas Medicine (EDIT), Cisco Systems (CSCO), Block (SQ), Skyworks Solutions (SWKS) and Akoustis Technologies (AKTS).

This page (NASDAQ:BEAM) was last updated on 7/27/2024 by MarketBeat.com Staff

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