NASDAQ:BMEA Biomea Fusion (BMEA) Stock Price, News & Analysis → Elon’s New A.I. Device is About to Shock the World (From InvestorPlace) (Ad) Free BMEA Stock Alerts $10.68 -0.10 (-0.93%) (As of 03:58 PM ET) Add Compare Share Share Today's Range$10.62▼$11.1650-Day Range$10.47▼$18.8552-Week Range$8.13▼$43.69Volume318,306 shsAverage Volume972,855 shsMarket Capitalization$383.31 millionP/E RatioN/ADividend YieldN/APrice Target$53.13 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Biomea Fusion alerts: Email Address Biomea Fusion MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside397.4% Upside$53.13 Price TargetShort InterestBearish49.86% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($4.25) to ($3.94) Per ShareSee Full Details Hide Full Details 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.1.07 out of 5 starsMedical Sector783rd out of 918 stocksPharmaceutical Preparations Industry364th out of 428 stocks 3.4 Analyst's Opinion Consensus RatingBiomea Fusion has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageBiomea Fusion has only been the subject of 4 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted49.86% of the float of Biomea Fusion has been sold short.Short Interest Ratio / Days to CoverBiomea Fusion has a short interest ratio ("days to cover") of 13.3, which indicates bearish sentiment.Change versus previous monthShort interest in Biomea Fusion has recently increased by 4.38%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldBiomea Fusion does not currently pay a dividend.Dividend GrowthBiomea Fusion does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BMEA. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 8 people have searched for BMEA on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.MarketBeat FollowsOnly 14 people have added Biomea Fusion to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Biomea Fusion insiders have not sold or bought any company stock.Percentage Held by Insiders26.27% of the stock of Biomea Fusion is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions96.72% of the stock of Biomea Fusion is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Biomea Fusion are expected to grow in the coming year, from ($4.25) to ($3.94) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Biomea Fusion is -3.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Biomea Fusion is -3.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBiomea Fusion has a P/B Ratio of 2.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceElon’s New A.I. Device is About to Shock the WorldUsing this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.” Click here to see the details because there’s a lot of money at stake. About Biomea Fusion Stock (NASDAQ:BMEA)Biomea Fusion, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery and development of covalent small molecule drugs to treat patients with genetically defined cancers and metabolic diseases. Its lead product candidate is BMF-219, a covalent inhibitor of menin for treating patients with liquid and solid tumors and type 2 diabetes. The company was incorporated in 2017 and is headquartered in Redwood City, California.Read More BMEA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BMEA Stock News HeadlinesApril 4, 2024 | msn.com3 Best Stocks to Buy Now, 4/4/2024, According to Top AnalystsApril 2, 2024 | markets.businessinsider.comBuy Rating Affirmed for Biomea Fusion on Promising BMF-219 Clinical Results and Strong Financial PositionApril 29, 2024 | InvestorPlace (Ad)Elon’s New A.I. Device is About to Shock the WorldUsing this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.” April 1, 2024 | globenewswire.comBiomea Fusion, Inc. Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)April 1, 2024 | investorplace.comBMEA Stock Earnings: Biomea Fusion Misses EPS for Q4 2023April 1, 2024 | benzinga.comRecap: Biomea Fusion Q4 EarningsApril 1, 2024 | globenewswire.comBiomea Fusion Highlights Initial Data from the First Two Type 1 Diabetes Patients Dosed with BMF-219April 1, 2024 | globenewswire.comBiomea Fusion Reports Fourth Quarter and Full Year 2023 Financial Results and Corporate HighlightsApril 29, 2024 | InvestorPlace (Ad)Elon’s New A.I. Device is About to Shock the WorldUsing this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.” March 17, 2024 | finance.yahoo.comBMEA Apr 2024 5.000 putMarch 17, 2024 | finance.yahoo.comBMEA Apr 2024 5.000 callMarch 7, 2024 | investorplace.com7 Short-Squeeze Stocks That Could Send the Bears Into Panic-ModeMarch 7, 2024 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Madrigal Pharmaceuticals (MDGL), Biomea Fusion (BMEA) and Jasper Therapeutics (JSPR)March 6, 2024 | markets.businessinsider.comBuy Rating Affirmed for Biomea Fusion on Promising BMF-219 Clinical Trial Outcomes and Strong Safety ProfileMarch 6, 2024 | finance.yahoo.comBiomea Fusion Presents Patient Cohorts in COVALENT-111 Displaying a Durable Placebo-Adjusted Mean Reduction of up to 1.4% in HbA1c While Off Therapy at Week-26, after BMF-219’s 28-Day Treatment Cycle, Supporting Improved Pancreatic FunctionMarch 6, 2024 | globenewswire.comBiomea Fusion Presents Patient Cohorts in COVALENT-111 Displaying a Durable Placebo-Adjusted Mean Reduction of up to 1.4% in HbA1c While Off Therapy at Week-26, after BMF-219's 28-Day Treatment Cycle, Supporting Improved Pancreatic FunctionMarch 1, 2024 | markets.businessinsider.comBiomea Fusion, Inc. Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)March 1, 2024 | globenewswire.comBiomea Fusion, Inc. Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)February 27, 2024 | seekingalpha.comWhy Biomea Fusion Is A 'Hold': A Bet On Diabetes And Oncology ResearchFebruary 19, 2024 | markets.businessinsider.comFeeling Shut Out? 3 Sizzling Stocks and the Pull-Back Prices to Watch ForFebruary 18, 2024 | investorplace.com3 Speculative Stocks That Could Make Your February UnforgettableFebruary 7, 2024 | markets.businessinsider.comDissecting My Biomea Fusion (NASDAQ:BMEA) Options Trade: Tips, Tricks, and Lessons LearnedJanuary 10, 2024 | theglobeandmail.comWall Street Expects 190% Upside for This Biotech StockJanuary 9, 2024 | finanznachrichten.deBiomea Fusion, Inc.: Biomea Fusion Announces Dosing of First Type 1 Diabetes Patient in Phase II Study (COVALENT-112) with BMF-219January 9, 2024 | markets.businessinsider.comBuy Rating Affirmed for Biomea Fusion Amid Promising Clinical TrialsJanuary 9, 2024 | finance.yahoo.comBiomea Fusion Highlights Recent Updates and Anticipated 2024 Corporate Milestones at 42nd Annual J.P. Morgan Healthcare ConferenceJanuary 8, 2024 | finance.yahoo.comBiomea Fusion Announces Dosing of First Type 1 Diabetes Patient in Phase II Study (COVALENT-112) with BMF-219See More Headlines Receive BMEA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Biomea Fusion and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/01/2024Today4/29/2024Next Earnings (Estimated)5/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:BMEA CUSIPN/A CIK1840439 Webwww.biomeafusion.com Phone650-980-9099FaxN/AEmployees103Year FoundedN/APrice Target and Rating Average Stock Price Target$53.13 High Stock Price Target$90.00 Low Stock Price Target$14.00 Potential Upside/Downside+395.1%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($3.46) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-117,250,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-69.35% Return on Assets-59.65% Debt Debt-to-Equity RatioN/A Current Ratio7.84 Quick Ratio7.84 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$4.74 per share Price / Book2.26Miscellaneous Outstanding Shares35,890,000Free Float26,461,000Market Cap$385.10 million OptionableOptionable Beta-0.52 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Thomas Andrew Butler (Age 43)Co-Founder, Chairman & CEO Comp: $921.14kMr. Ramses M. Erdtmann (Age 61)Co-Founder, President, COO & Director Comp: $659.53kMr. Franco Valle (Age 43)CFO & Principal Accounting Officer Comp: $651.77kMr. Heow Tan (Age 65)Chief Technology & Quality Officer Ms. Naomi CretcherChief People OfficerDr. Thorsten Kirschberg Ph.D. (Age 54)Executive Vice President of Chemistry Dr. Stephan Morris M.D.Chief Development OfficerMr. Ravi UpasaniExecutive Vice President of Intellectual PropertyDr. Juan Pablo Frias M.D.Chief Medical OfficerCaroline Perez- DupontSenior Vice President of ContractsMore ExecutivesKey CompetitorsOrganogenesisNASDAQ:ORGOEsperion TherapeuticsNASDAQ:ESPRCorbus PharmaceuticalsNASDAQ:CRBPMersana TherapeuticsNASDAQ:MRSNHeron TherapeuticsNASDAQ:HRTXView All CompetitorsInsiders & InstitutionsChina Universal Asset Management Co. Ltd.Bought 2,731 shares on 4/29/2024Ownership: 0.019%Simplex Trading LLCBought 39,900 shares on 4/25/2024Ownership: 0.000%Griffin Asset Management Inc.Bought 10,700 shares on 4/17/2024Ownership: 0.106%PNC Financial Services Group Inc.Bought 8,000 shares on 3/22/2024Ownership: 0.022%Centaurus Financial Inc.Bought 7,014 shares on 2/26/2024Ownership: 0.020%View All Insider TransactionsView All Institutional Transactions BMEA Stock Analysis - Frequently Asked Questions Should I buy or sell Biomea Fusion stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Biomea Fusion in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BMEA shares. View BMEA analyst ratings or view top-rated stocks. What is Biomea Fusion's stock price target for 2024? 8 Wall Street analysts have issued 1 year price targets for Biomea Fusion's stock. Their BMEA share price targets range from $14.00 to $90.00. On average, they anticipate the company's share price to reach $53.13 in the next twelve months. This suggests a possible upside of 397.4% from the stock's current price. View analysts price targets for BMEA or view top-rated stocks among Wall Street analysts. How have BMEA shares performed in 2024? Biomea Fusion's stock was trading at $14.52 at the start of the year. Since then, BMEA shares have decreased by 26.4% and is now trading at $10.68. View the best growth stocks for 2024 here. Are investors shorting Biomea Fusion? Biomea Fusion saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 13,240,000 shares, an increase of 18.2% from the March 15th total of 11,200,000 shares. Based on an average daily trading volume, of 1,020,000 shares, the days-to-cover ratio is currently 13.0 days. Approximately 47.8% of the company's stock are sold short. View Biomea Fusion's Short Interest. When is Biomea Fusion's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our BMEA earnings forecast. How were Biomea Fusion's earnings last quarter? Biomea Fusion, Inc. (NASDAQ:BMEA) posted its quarterly earnings data on Monday, April, 1st. The company reported ($0.98) earnings per share (EPS) for the quarter. When did Biomea Fusion IPO? Biomea Fusion (BMEA) raised $120 million in an initial public offering (IPO) on Friday, April 16th 2021. The company issued 7,500,000 shares at $15.00-$17.00 per share. J.P. Morgan, Jefferies and Piper Sandler acted as the underwriters for the IPO. Who are Biomea Fusion's major shareholders? Biomea Fusion's stock is owned by a variety of institutional and retail investors. Top institutional investors include Simplex Trading LLC (0.00%), Griffin Asset Management Inc. (0.11%) and China Universal Asset Management Co. Ltd. (0.02%). Insiders that own company stock include A2a Pharmaceuticals, Inc, Bihua Chen, Franco Valle, Michael JM Hitchcock and Rainer M Erdtmann. View institutional ownership trends. How do I buy shares of Biomea Fusion? Shares of BMEA 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:BMEA) was last updated on 4/29/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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