bluebird bio, Inc., a clinical-stage biotechnology company, focuses on developing transformative gene therapies for severe genetic diseases and cancer. Its product candidates in severe genetic diseases include LentiGlobin, which is in various clinical studies for the treatment of transfusion-dependent ß-thalassemia and severe sickle cell disease; and Lenti-D that is in Phase II/III clinical trials for the treatment of cerebral adrenoleukodystrophy, a rare hereditary neurological disorder. The company's product candidates in oncology include bb2121 and bb21217, which are chimeric antigen receptor T (CAR T) cell product candidates for the treatment of multiple myeloma. It has a strategic collaboration with Celgene Corporation to discover, develop, and commercialize disease-altering gene therapies in oncology; and Regeneron Pharmaceuticals, Inc. to discover, develop, and commercialize various immune cell therapies for cancer. The company also has collaborations with Medigene AG to discover T cell receptor (TCR) product candidates in the field of cancer; Gritstone Oncology, Inc. to discover TCR product candidates in the field of cancer; and TC BioPharm Limited to research and develop gamma delta CAR T cells directed at hematologic and solid tumor targets. The company was formerly known as Genetix Pharmaceuticals, Inc., and changed its name to bluebird bio, Inc. in September 2010. bluebird bio, Inc. was founded in 1992 and is headquartered in Cambridge, Massachusetts.
Industry, Sector and Symbol
Industry Biological products, except diagnostic
Sub-IndustryN/A
SectorMedical
Phone339-499-9300
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$54.58 million
Profitability
Miscellaneous
Employees764
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable
bluebird bio (NASDAQ:BLUE) Frequently Asked Questions
What is bluebird bio's stock symbol?
bluebird bio trades on the NASDAQ under the ticker symbol "BLUE."
How were bluebird bio's earnings last quarter?
bluebird bio Inc (NASDAQ:BLUE) announced its quarterly earnings results on Thursday, May, 2nd. The biotechnology company reported ($2.99) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($2.79) by $0.20. The biotechnology company had revenue of $12.47 million for the quarter, compared to analyst estimates of $15.49 million. bluebird bio had a negative return on equity of 34.01% and a negative net margin of 1,184.01%. The business's revenue was down 21.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($2.31) earnings per share. View bluebird bio's Earnings History.
When is bluebird bio's next earnings date?
What price target have analysts set for BLUE?
21 brokers have issued 1 year price objectives for bluebird bio's shares. Their forecasts range from $120.00 to $239.00. On average, they expect bluebird bio's share price to reach $168.8069 in the next year. This suggests a possible upside of 37.4% from the stock's current price. View Analyst Price Targets for bluebird bio.
What is the consensus analysts' recommendation for bluebird bio?
21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for bluebird bio in the last year. There are currently 9 hold ratings, 11 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for bluebird bio.
What are Wall Street analysts saying about bluebird bio stock?
Here are some recent quotes from research analysts about bluebird bio stock:
- 1. According to Zacks Investment Research, "bluebird reported wider-than-expected loss in the first quarter, while revenues beat estimates. The company has an impressive pipeline of gene therapies for genetic diseases and cancer. Zynteglo looks promising and a tentative approval in Europe is expected later this year. We are also positive about bluebird’s collaboration with Regeneron, as this provides the former with funds. The company is also developing CAR T therapies in collaboration with Celgene for myeloma. The CAR T market holds potential and the successful development of the candidates will benefit the company in the long run. However, competition is stiffening in this space. The company has no approved product in its portfolio yet and an unfavorable outcome from any of the ongoing studies will be detrimental. Shares have outperformed the industry in the past six months." (5/7/2019)
- 2. Cantor Fitzgerald analysts commented, "We rate bluebird bio Neutral. BLUE, a clinical-stage biotechnology company, focuses on developing transformative gene therapies for rare severe genetic diseases. Its product candidates include Lenti-D, which is in a pivotal clinical study for the treatment of cerebral adrenoleukodystrophy; LentiGlobin, which is in Phase 1/2 clinical studies for the treatment of beta thalassemia major and severe sickle cell disease (SCD); and bb2121 and bb21217 CAR-T, candidates in multiple myeloma. Valuation Summary We value bluebird bio based on a risk-adjusted NPV calculation of its clinical pipeline." (12/3/2018)
Has bluebird bio been receiving favorable news coverage?
Headlines about BLUE stock have trended positive on Saturday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. bluebird bio earned a daily sentiment score of 2.3 on InfoTrie's scale. They also assigned media coverage about the biotechnology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.
Who are some of bluebird bio's key competitors?
Some companies that are related to bluebird bio include NOVOZYMES A/S/S (NVZMY), Seattle Genetics (SGEN), Qiagen (QGEN), BIO-TECHNE (TECH), Neurocrine Biosciences (NBIX), argenx (ARGX), Spark Therapeutics (ONCE), Ablynx (ABLYF), China Biologic Products (CBPO), Allogene Therapeutics (ALLO), Repligen (RGEN), Acceleron Pharma (XLRN), Halozyme Therapeutics (HALO), Iovance Biotherapeutics (IOVA) and Denali Therapeutics (DNLI).
What other stocks do shareholders of bluebird bio own?
Who are bluebird bio's key executives?
bluebird bio's management team includes the folowing people:
- Mr. Nick Leschly, Pres, CEO & Director (Age 46)
- Mr. Jason F. Cole, Chief Operating & Legal Officer and Sec. (Age 46)
- Dr. Philip D. Gregory, Chief Scientific Officer (Age 48)
- Mr. Jeffrey T. Walsh, Chief Strategy Officer (Age 53)
- Dr. David M. Davidson, Chief Medical Officer (Age 55)
Who are bluebird bio's major shareholders?
bluebird bio's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (14.95%), Wellington Management Group LLP (13.27%), Baillie Gifford & Co. (8.13%), BlackRock Inc. (5.41%), OppenheimerFunds Inc. (1.62%) and First Trust Advisors LP (1.38%). Company insiders that own bluebird bio stock include Alison Cecily Finger, Daniel Lynch, David Davidson, Eric Sullivan, James Mandell, Jason Cole, Jeffrey T Walsh, John Maraganore, Kory James Wentworth, Mark Vachon, Nick Leschly, Philip D Gregory and Susanna Gatti High. View Institutional Ownership Trends for bluebird bio.
Which institutional investors are selling bluebird bio stock?
BLUE stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Rhenman & Partners Asset Management AB, Baillie Gifford & Co., JPMorgan Chase & Co., ARK Investment Management LLC, Morgan Stanley, Amundi Pioneer Asset Management Inc. and BNP Paribas Arbitrage SA. Company insiders that have sold bluebird bio company stock in the last year include Alison Cecily Finger, David Davidson, James Mandell, Jason Cole, Jeffrey T Walsh, Kory James Wentworth, Mark Vachon, Nick Leschly, Philip D Gregory and Susanna Gatti High. View Insider Buying and Selling for bluebird bio.
Which institutional investors are buying bluebird bio stock?
BLUE stock was acquired by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., OppenheimerFunds Inc., Victory Capital Management Inc., Marshall Wace LLP, FMR LLC and Wells Fargo & Company MN. View Insider Buying and Selling for bluebird bio.
How do I buy shares of bluebird bio?
Shares of BLUE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is bluebird bio's stock price today?
One share of BLUE stock can currently be purchased for approximately $122.86.
How big of a company is bluebird bio?
bluebird bio has a market capitalization of $6.77 billion and generates $54.58 million in revenue each year. The biotechnology company earns $-555,630,000.00 in net income (profit) each year or ($10.68) on an earnings per share basis. bluebird bio employs 764 workers across the globe.
What is bluebird bio's official website?
How can I contact bluebird bio?
bluebird bio's mailing address is 60 BINNEY STREET, CAMBRIDGE MA, 02142. The biotechnology company can be reached via phone at 339-499-9300 or via email at [email protected]
MarketBeat Community Rating for bluebird bio (NASDAQ BLUE)
MarketBeat's community ratings are surveys of what our community members think about bluebird bio and other stocks. Vote "Outperform" if you believe BLUE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BLUE will underperform the S&P 500 over the long term. You may vote once every thirty days.
