BioMarin Pharmaceutical - BMRN Stock Forecast, Price & News

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BioMarin Pharmaceutical in the last year. There are currently 3 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BMRN shares.
View BMRN analyst ratings or view top-rated stocks.

14 analysts have issued 12-month target prices for BioMarin Pharmaceutical's shares. Their BMRN share price forecasts range from $83.00 to $200.00. On average, they expect the company's stock price to reach $120.12 in the next year. This suggests a possible upside of 2.4% from the stock's current price.
View analysts price targets for BMRN or view top-rated stocks among Wall Street analysts.

BioMarin Pharmaceutical's stock was trading at $103.49 at the beginning of 2023. Since then, BMRN stock has increased by 13.3% and is now trading at $117.27.
View the best growth stocks for 2023 here.

BioMarin Pharmaceutical saw a decline in short interest in January. As of January 15th, there was short interest totaling 6,700,000 shares, a decline of 35.3% from the December 31st total of 10,360,000 shares. Based on an average daily trading volume, of 1,560,000 shares, the short-interest ratio is presently 4.3 days. Currently, 3.7% of the company's shares are sold short.
View BioMarin Pharmaceutical's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our BMRN earnings forecast.

BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) announced its quarterly earnings data on Tuesday, October, 26th. The biotechnology company reported ($0.20) earnings per share for the quarter, beating the consensus estimate of ($0.25) by $0.05. The biotechnology company earned $408.74 million during the quarter, compared to analyst estimates of $435.29 million. BioMarin Pharmaceutical had a trailing twelve-month return on equity of 2.50% and a net margin of 4.18%. BioMarin Pharmaceutical's quarterly revenue was down 14.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.29 EPS.

BioMarin Pharmaceutical updated its FY 2022 earnings guidance on Wednesday, November, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.06 billion-$2.16 billion, compared to the consensus revenue estimate of $2.12 billion.

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.

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).

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

BioMarin Pharmaceutical's stock is owned by a number of institutional and retail investors. Top institutional investors include Manning & Napier Group LLC (0.47%), Assenagon Asset Management S.A. (0.38%), Scout Investments Inc. (0.30%), DNB Asset Management AS (0.25%), Allspring Global Investments Holdings LLC (0.23%) and Natixis Advisors L.P. (0.03%). Insiders that own company stock include Brian Mueller, Charles Greg Guyer, David E I Pyott, Dennis Slamon, George Eric Davis, Henry J Fuchs, Jean Jacques Bienaime, Jeffrey Robert Ajer, Mark J Alles, Michael G Grey, Richard A Meier, V Bryan Lawlis and Willard H Dere.
View institutional ownership trends.

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.

One share of BMRN stock can currently be purchased for approximately $117.27.

BioMarin Pharmaceutical (NASDAQ:BMRN) has a market capitalization of $21.75 billion and generates $1.85 billion in revenue each year. The biotechnology company earns $-64,080,000.00 in net income (profit) each year or $0.42 on an earnings per share basis.

The company employs 3,045 workers across the globe.

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.