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S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
Warren Buffett's company dumps another 5 million shares of printer maker HP
Would Buffett Approve of This Growth Strategy? (Ad)
Low PE Growth Stocks: Unlocking Investment Opportunities
3 Reliable Growing Dividends Near Rock-Bottom Prices
Would Buffett Approve of This Growth Strategy? (Ad)
5 Short Squeeze Candidates With Catalysts For Rebounds
Stock market today: Wall Street futures inch higher as bond yields stabilize, oil prices slide
Would Buffett Approve of This Growth Strategy? (Ad)
Why Ralph Lauren Should Be On Your Holiday Wishlist
3 Reasons FedEx is the Grower and UPS the Slower
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
Warren Buffett's company dumps another 5 million shares of printer maker HP
Would Buffett Approve of This Growth Strategy? (Ad)
Low PE Growth Stocks: Unlocking Investment Opportunities
3 Reliable Growing Dividends Near Rock-Bottom Prices
Would Buffett Approve of This Growth Strategy? (Ad)
5 Short Squeeze Candidates With Catalysts For Rebounds
Stock market today: Wall Street futures inch higher as bond yields stabilize, oil prices slide
Would Buffett Approve of This Growth Strategy? (Ad)
Why Ralph Lauren Should Be On Your Holiday Wishlist
3 Reasons FedEx is the Grower and UPS the Slower
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
Warren Buffett's company dumps another 5 million shares of printer maker HP
Would Buffett Approve of This Growth Strategy? (Ad)
Low PE Growth Stocks: Unlocking Investment Opportunities
3 Reliable Growing Dividends Near Rock-Bottom Prices
Would Buffett Approve of This Growth Strategy? (Ad)
5 Short Squeeze Candidates With Catalysts For Rebounds
Stock market today: Wall Street futures inch higher as bond yields stabilize, oil prices slide
Would Buffett Approve of This Growth Strategy? (Ad)
Why Ralph Lauren Should Be On Your Holiday Wishlist
3 Reasons FedEx is the Grower and UPS the Slower
NASDAQ:BMRN

BioMarin Pharmaceutical (BMRN) Stock Forecast, Price & News

$86.19
-0.89 (-1.02%)
(As of 10/3/2023 ET)
Compare
Today's Range
$86.15
$87.55
50-Day Range
$86.19
$94.48
52-Week Range
$80.53
$117.77
Volume
1.29 million shs
Average Volume
1.32 million shs
Market Capitalization
$16.22 billion
P/E Ratio
165.75
Dividend Yield
N/A
Price Target
$115.62

BioMarin Pharmaceutical MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
34.1% Upside
$115.62 Price Target
Short Interest
Bearish
3.49% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-2.93
Upright™ Environmental Score
News Sentiment
0.75mentions of BioMarin Pharmaceutical in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$2.87 M Sold Last Quarter
Proj. Earnings Growth
105.60%
From $1.25 to $2.57 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.76 out of 5 stars

Medical Sector

98th out of 966 stocks

Pharmaceutical Preparations Industry

26th out of 450 stocks


BMRN stock logo

About BioMarin Pharmaceutical (NASDAQ:BMRN) Stock

BioMarin Pharmaceutical Inc. develops and commercializes therapies for people with serious and life-threatening rare diseases and medical conditions. Its commercial products include Vimizim, an enzyme replacement therapy for the treatment of mucopolysaccharidosis (MPS) IV type A, a lysosomal storage disorder; Naglazyme, a recombinant form of N-acetylgalactosamine 4-sulfatase for patients with MPS VI; and Kuvan, a proprietary synthetic oral form of 6R-BH4 that is used to treat patients with phenylketonuria (PKU), an inherited metabolic disease. The company's commercial products also comprise Palynziq, a PEGylated recombinant phenylalanine ammonia lyase enzyme, which is delivered through subcutaneous injection to reduce blood Phe concentrations; Brineura, a recombinant human tripeptidyl peptidase 1 for the treatment of patients with ceroid lipofuscinosis type 2, a form of Batten disease; Voxzogo, a once daily injection analog of c-type natriuretic peptide for the treatment of achondroplasia; and Aldurazyme, a purified protein designed to be identical to a naturally occurring form of the human enzyme alpha-L-iduronidase. In addition, it develops Roctavian, an adeno associated virus vector, for the treatment of patients with severe hemophilia A; BMN 331, an AAV5 mediated gene therapy, which is in Phase 1/2 clinical trial for people living with Hereditary Angioedema (HAE); and BMN 255 that is in Phase 1/2 clinical trial for treating primary hyperoxaluria. The company serves specialty pharmacies, hospitals, and non-U.S. government agencies, as well as distributors and pharmaceutical wholesalers in the United States, Europe, Latin America, and internationally. BioMarin Pharmaceutical Inc. has license and collaboration agreements with Sarepta Therapeutics, Ares Trading S.A., Catalyst Pharmaceutical Partners, Inc., and Asubio Pharma Co., Ltd. The company was incorporated in 1996 and is headquartered in San Rafael, California.

BMRN Price History

BMRN Stock News Headlines

Are Gene Therapy Stocks The Market's Next Big Winners? (BMRN)
Biotechs Sarepta and BioMarin are among companies advancing cutting-edge gene therapies, although those treatments can come with a $2 million or more price.
Would Buffett Approve of This Growth Strategy?
Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.
Impact on BioMarin's Sentiment: Voxzogo's Triumph Clouded by Uncertainty
3 Biotech Stocks Offering Potential for Gains
Would Buffett Approve of This Growth Strategy?
Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.
What 16 Analyst Ratings Have To Say About Biomarin Pharmaceutical
BioMarin Pharmaceutical (BMRN) Receives a Rating Update from a Top Analyst
3 Brilliant Biotech Stocks to Buy for Your Portfolio
Wedbush Reaffirms Their Hold Rating on BioMarin Pharmaceutical (BMRN)
Biomarin Pharmaceutical Inc (BM8.BE)
BioMarin Pharmaceutical (BMRN) Receives a Buy from Truist Financial
See More Headlines
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BMRN Company Calendar

Last Earnings
7/31/2023
Today
10/04/2023
Next Earnings (Estimated)
10/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
Biotechnology
Sector
Medical
Current Symbol
NASDAQ:BMRN
CUSIP
09061G10
Employees
3,082
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$115.62
High Stock Price Forecast
$185.00
Low Stock Price Forecast
$78.00
Forecasted Upside/Downside
+34.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
22 Analysts

Profitability

Net Income
$141.56 million
Pretax Margin
4.84%

Debt

Sales & Book Value

Annual Sales
$2.10 billion
Cash Flow
$1.44 per share
Book Value
$24.82 per share

Miscellaneous

Free Float
184,713,000
Market Cap
$16.22 billion
Optionable
Optionable
Beta
0.36

Social Links

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Key Executives

  • Mr. Jean-Jacques Bienaime M.B.A.Mr. Jean-Jacques Bienaime M.B.A. (Age 70)
    MBA, Chairman & CEO
    Comp: $3.52M
  • Mr. Brian R. MuellerMr. Brian R. Mueller (Age 49)
    CFO & Exec. VP
    Comp: $1.15M
  • Mr. George Eric DavisMr. George Eric Davis (Age 52)
    Exec. VP, Chief Legal Officer, Gen. Counsel & Sec.
    Comp: $1.23M
  • Mr. Jeffrey Robert AjerMr. Jeffrey Robert Ajer (Age 61)
    Chief Commercial Officer
    Comp: $1.18M
  • Dr. Henry J. Fuchs M.D. (Age 65)
    Ph.D., Pres of Worldwide R&D
    Comp: $1.49M
  • Ms. Erin Burkhart
    Group VP & Chief Accounting Officer
  • Dr. Kevin Eggan Ph.D.
    Chief Scientific Officer & Sr. VP of Research and Early Devel.
  • Traci McCarty
    Group VP of Investor Relations
  • Mr. Philip Lo Scalzo
    Chief Compliance Officer
  • Ms. Marni Kottle
    Chief Communications Officer













BMRN Stock - Frequently Asked Questions

Should I buy or sell BioMarin Pharmaceutical stock right now?

22 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BioMarin Pharmaceutical in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BMRN shares.
View BMRN analyst ratings
or view top-rated stocks.

What is BioMarin Pharmaceutical's stock price forecast for 2023?

22 Wall Street analysts have issued 1 year target prices for BioMarin Pharmaceutical's shares. Their BMRN share price forecasts range from $78.00 to $185.00. On average, they predict the company's share price to reach $115.62 in the next year. This suggests a possible upside of 34.1% from the stock's current price.
View analysts price targets for BMRN
or view top-rated stocks among Wall Street analysts.

How have BMRN shares performed in 2023?

BioMarin Pharmaceutical's stock was trading at $103.49 at the beginning of 2023. Since then, BMRN shares have decreased by 16.7% and is now trading at $86.19.
View the best growth stocks for 2023 here
.

Are investors shorting BioMarin Pharmaceutical?

BioMarin Pharmaceutical saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 6,570,000 shares, an increase of 5.1% from the August 31st total of 6,250,000 shares. Based on an average daily trading volume, of 1,290,000 shares, the short-interest ratio is currently 5.1 days.
View BioMarin Pharmaceutical's Short Interest
.

When is BioMarin Pharmaceutical's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our BMRN earnings forecast
.

How were BioMarin Pharmaceutical's earnings last quarter?

BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) released its earnings results on Monday, July, 31st. The biotechnology company reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.10. The biotechnology company earned $595.28 million during the quarter, compared to analyst estimates of $591.46 million. BioMarin Pharmaceutical had a trailing twelve-month return on equity of 4.03% and a net margin of 4.47%.

What guidance has BioMarin Pharmaceutical issued on next quarter's earnings?

BioMarin Pharmaceutical issued an update on its FY 2023 earnings guidance on Monday, July, 31st. The company provided earnings per share guidance of $1.85-$2.10 for the period, compared to the consensus estimate of $1.02. The company issued revenue guidance of $2.38 billion-$2.50 billion, compared to the consensus revenue estimate of $2.46 billion.

What is Jean-Jacques Bienaimé's approval rating as BioMarin Pharmaceutical's CEO?

228 employees have rated BioMarin Pharmaceutical Chief Executive Officer Jean-Jacques Bienaimé on Glassdoor.com. Jean-Jacques Bienaimé has an approval rating of 94% among the company's employees. This puts Jean-Jacques Bienaimé in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 83.0% of employees surveyed would recommend working at BioMarin Pharmaceutical to a friend.

What other stocks do shareholders of BioMarin Pharmaceutical own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BioMarin Pharmaceutical investors own include Puma Biotechnology (PBYI), (MDVN) (MDVN), Incyte (INCY), First Solar (FSLR), United Airlines (UAL), Dynavax Technologies (DVAX), Micron Technology (MU), Vertex Pharmaceuticals (VRTX), (KITE) (KITE) and Freeport-McMoRan (FCX).

What is BioMarin Pharmaceutical's stock symbol?

BioMarin Pharmaceutical trades on the NASDAQ under the ticker symbol "BMRN."

How do I buy shares of BioMarin Pharmaceutical?

Shares of BMRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is BioMarin Pharmaceutical's stock price today?

One share of BMRN stock can currently be purchased for approximately $86.19.

How much money does BioMarin Pharmaceutical make?

BioMarin Pharmaceutical (NASDAQ:BMRN) has a market capitalization of $16.22 billion and generates $2.10 billion in revenue each year. The biotechnology company earns $141.56 million in net income (profit) each year or $0.52 on an earnings per share basis.

How many employees does BioMarin Pharmaceutical have?

The company employs 3,082 workers across the globe.

How can I contact BioMarin Pharmaceutical?

BioMarin Pharmaceutical's mailing address is 770 Lindaro Street, San Rafael CA, 94901. The official website for the company is www.bmrn.com. The biotechnology company can be reached via phone at (415) 506-6700, via email at ir@bmrn.com, or via fax at 415-382-7889.

This page (NASDAQ:BMRN) was last updated on 10/4/2023 by MarketBeat.com Staff

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