NASDAQ:BMRN BioMarin Pharmaceutical (BMRN) Stock Price, News & Analysis → Who are Nvidia’s Silent Partners? (From Weiss Ratings) (Ad) Free BMRN Stock Alerts $75.35 -1.10 (-1.44%) (As of 12:09 PM ET) Add Compare Share Share Today's Range$75.03▼$76.1750-Day Range$76.45▼$92.2252-Week Range$75.03▼$99.56Volume680,736 shsAverage Volume1.51 million shsMarket Capitalization$14.31 billionP/E Ratio70.42Dividend YieldN/APrice Target$106.11 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get BioMarin Pharmaceutical alerts: Email Address BioMarin Pharmaceutical MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside38.8% Upside$106.11 Price TargetShort InterestHealthy2.06% of Shares Sold ShortDividend StrengthN/ASustainability-2.93Upright™ Environmental ScoreNews Sentiment0.17Based on 18 Articles This WeekInsider TradingSelling Shares$9.53 M Sold Last QuarterProj. Earnings Growth40.70%From $1.99 to $2.80 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.4.93 out of 5 starsMedical Sector16th out of 920 stocksPharmaceutical Preparations Industry7th out of 430 stocks 4.3 Analyst's Opinion Consensus RatingBioMarin Pharmaceutical has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 12 buy ratings, 9 hold ratings, and no sell ratings.Amount of Analyst CoverageBioMarin Pharmaceutical has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about BioMarin Pharmaceutical's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.06% of the outstanding shares of BioMarin Pharmaceutical have been sold short.Short Interest Ratio / Days to CoverBioMarin Pharmaceutical has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in BioMarin Pharmaceutical has recently increased by 5.96%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldBioMarin Pharmaceutical does not currently pay a dividend.Dividend GrowthBioMarin Pharmaceutical does not have a long track record of dividend growth. Previous Next 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBioMarin Pharmaceutical has received a 35.96% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Galsulfase", "Laronidase", and "Cerliponase alfa" products. See details.Environmental SustainabilityThe Environmental Impact score for BioMarin Pharmaceutical is -2.93. Previous Next 2.9 News and Social Media Coverage News SentimentBioMarin Pharmaceutical has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 18 news articles for BioMarin Pharmaceutical this week, compared to 7 articles on an average week.Search Interest9 people have searched for BMRN on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days.MarketBeat Follows7 people have added BioMarin Pharmaceutical to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, BioMarin Pharmaceutical insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,528,436.00 in company stock.Percentage Held by InsidersOnly 1.85% of the stock of BioMarin Pharmaceutical is held by insiders.Percentage Held by Institutions98.71% of the stock of BioMarin Pharmaceutical is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about BioMarin Pharmaceutical's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for BioMarin Pharmaceutical are expected to grow by 40.70% in the coming year, from $1.99 to $2.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of BioMarin Pharmaceutical is 71.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.64.Price to Earnings Ratio vs. SectorThe P/E ratio of BioMarin Pharmaceutical is 71.45, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 116.07.Price to Earnings Growth RatioBioMarin Pharmaceutical has a PEG Ratio of 1.10. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioBioMarin Pharmaceutical has a P/B Ratio of 2.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about BioMarin Pharmaceutical's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsWho are Nvidia’s Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.I call these Nvidia’s “Silent Partners.” About BioMarin Pharmaceutical Stock (NASDAQ:BMRN)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. 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. The company was incorporated in 1996 and is headquartered in San Rafael, California.Read More BMRN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BMRN Stock News HeadlinesMay 14, 2024 | insidertrades.comBioMarin Pharmaceutical Inc. (NASDAQ:BMRN) Director Jean Jacques Bienaime Sells 20,000 SharesMay 7, 2024 | insidertrades.comInsider Selling: BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) EVP Sells 1,850 Shares of StockMay 19, 2024 | americanbankingnews.comBioMarin Pharmaceutical (NASDAQ:BMRN) Downgraded to "Neutral" at Robert W. BairdMay 19, 2024 | americanbankingnews.comBioMarin Pharmaceutical (NASDAQ:BMRN) Rating Lowered to Hold at Baird R WMay 18, 2024 | wsj.comBioMarin Pharmaceutical Inc.May 18, 2024 | americanbankingnews.comBioMarin Pharmaceutical Inc. (NASDAQ:BMRN) Short Interest Up 6.0% in AprilMay 18, 2024 | americanbankingnews.comShort Interest in BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) Expands By 6.0%May 17, 2024 | msn.comBaird Downgrades BioMarin Pharmaceutical (BMRN)May 17, 2024 | markets.businessinsider.comAnalysts Are Bullish on These Healthcare Stocks: BioMarin Pharmaceutical (BMRN), Ionis Pharmaceuticals (IONS)May 17, 2024 | americanbankingnews.comQ2 2024 EPS Estimates for BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) Reduced by Zacks ResearchMay 16, 2024 | americanbankingnews.comZacks Research Comments on BioMarin Pharmaceutical Inc.'s Q3 2024 Earnings (NASDAQ:BMRN)May 15, 2024 | seekingalpha.comBioMarin: Short-Term Headwinds But Long-Term Opportunities RemainMay 15, 2024 | americanbankingnews.comBioMarin Pharmaceutical (NASDAQ:BMRN) Coverage Initiated at Evercore ISIMay 14, 2024 | bizjournals.comBioMarin cutting about 170 jobs after shuffling drug portfolioMay 14, 2024 | marketwatch.comBioMarin Pharmaceutical to Discontinue Certain R&D Programs, Cut About 170 JobsMay 14, 2024 | msn.comEvercore ISI Group Initiates Coverage of BioMarin Pharmaceutical (BMRN) with Outperform RecommendationMay 14, 2024 | americanbankingnews.comBioMarin Pharmaceutical Inc. (NASDAQ:BMRN) Director Jean Jacques Bienaime Sells 20,000 Shares of StockMay 9, 2024 | investorplace.comThe 3 Best Biotech Stocks to Buy in May 2024May 8, 2024 | prnewswire.comBioMarin to Present at the BofA Securities 2024 Health Care Conference on Wednesday, May 15 at 10:00am PT / 1:00pm ET, in Las Vegas, NVMay 6, 2024 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: RxSight (RXST) and BioMarin Pharmaceutical (BMRN)May 6, 2024 | markets.businessinsider.comBioMarin Pharmaceutical Hold Rating: Potential for Voxzogo Label Expansion Amidst Early Data and Upcoming TrialsMay 6, 2024 | finance.yahoo.comInsider Sale: EVP, Chief Commercial Officer Jeffrey Ajer Sells 5,000 Shares of Biomarin ...May 4, 2024 | prnewswire.comNew Data for BioMarin's VOXZOGO® (vosoritide) for Multiple Growth-Related Conditions in Children Presented at Pediatric Endocrine Society (PES) Annual MeetingMay 3, 2024 | investorplace.comCiti Just Cut Its Price Target on These 3 StocksApril 30, 2024 | msn.comBiotech Sector: M&A Fuels Renewed ExcitementSee More Headlines Receive BMRN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for BioMarin Pharmaceutical and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/24/2024Today5/23/2024Next Earnings (Estimated)7/29/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryBiotechnology Current SymbolNASDAQ:BMRN CUSIP09061G10 CIK1048477 Webwww.bmrn.com Phone(415) 506-6700Fax415-382-7889Employees3,401Year Founded1997Price Target and Rating Average Stock Price Target$106.11 High Stock Price Target$185.00 Low Stock Price Target$72.00 Potential Upside/Downside+40.8%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage21 Analysts Profitability EPS (Most Recent Fiscal Year)$1.07 Trailing P/E Ratio70.45 Forward P/E Ratio37.88 P/E Growth1.1Net Income$167.65 million Net Margins8.31% Pretax Margin9.60% Return on Equity5.34% Return on Assets3.89% Debt Debt-to-Equity Ratio0.12 Current Ratio2.74 Quick Ratio1.70 Sales & Book Value Annual Sales$2.42 billion Price / Sales5.92 Cash Flow$1.74 per share Price / Cash Flow43.23 Book Value$26.72 per share Price / Book2.82Miscellaneous Outstanding Shares189,880,000Free Float186,367,000Market Cap$14.31 billion OptionableOptionable Beta0.34 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Alexander Hardy (Age 55)President, CEO & Director Comp: $1.72MMr. Brian R. Mueller (Age 50)CFO & Executive VP Comp: $1.07MDr. C. Greg Guyer Ph.D. (Age 62)Executive VP & Chief Technical Officer Comp: $1.11MMr. Jeffrey Robert Ajer (Age 62)Executive VP & Chief Commercial Officer Comp: $1.1MDr. Henry J. Fuchs M.D. (Age 66)Ph.D., President of Worldwide Research & Development Comp: $1.41MMs. Erin Burkhart (Age 45)Group VP & Chief Accounting Officer Dr. Kevin Eggan Ph.D.Chief Scientific Officer & Senior VP of Research and Early DevelopmentTraci McCartyGroup Vice President of Investor RelationsMr. George Eric Davis (Age 53)Executive VP, Chief Legal Officer, General Counsel & Secretary Comp: $1.23MMs. Humaira SerajuddinSenior VP & Chief Marketing OfficerMore ExecutivesKey CompetitorsUnited TherapeuticsNASDAQ:UTHRMyoKardiaNASDAQ:MYOKAlnylam PharmaceuticalsNASDAQ:ALNYReata PharmaceuticalsNASDAQ:RETAIonis PharmaceuticalsNASDAQ:IONSView All CompetitorsInsiders & InstitutionsSwedbank ABBought 296,129 shares on 5/21/2024Ownership: 0.156%Motley Fool Asset Management LLCBought 2,792 shares on 5/17/2024Ownership: 0.025%Tidal Investments LLCBought 6,906 shares on 5/17/2024Ownership: 0.009%Walleye Trading LLCSold 5,100 shares on 5/17/2024Ownership: 0.000%Wahed Invest LLCBought 463 shares on 5/17/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions BMRN Stock Analysis - Frequently Asked Questions Should I buy or sell BioMarin Pharmaceutical stock right now? 21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BioMarin Pharmaceutical in the last year. There are currently 9 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street 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 target for 2024? 21 Wall Street analysts have issued 1-year price objectives for BioMarin Pharmaceutical's shares. Their BMRN share price targets range from $72.00 to $185.00. On average, they expect the company's share price to reach $106.11 in the next year. This suggests a possible upside of 38.8% 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 2024? BioMarin Pharmaceutical's stock was trading at $96.42 at the start of the year. Since then, BMRN stock has decreased by 20.7% and is now trading at $76.45. View the best growth stocks for 2024 here. When is BioMarin Pharmaceutical's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 29th 2024. View our BMRN earnings forecast. How were BioMarin Pharmaceutical's earnings last quarter? BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) released its quarterly earnings data on Wednesday, April, 24th. The biotechnology company reported $0.49 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.12. The biotechnology company had revenue of $648.83 million for the quarter, compared to analyst estimates of $649.75 million. BioMarin Pharmaceutical had a trailing twelve-month return on equity of 5.34% and a net margin of 8.31%. What ETFs hold BioMarin Pharmaceutical's stock? ETFs with the largest weight of BioMarin Pharmaceutical (NASDAQ:BMRN) stock in their portfolio include Invesco Biotechnology & Genome ETF (PBE), Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), Global X Genomics & Biotechnology ETF (GNOM), First Trust NYSE Arca Biotechnology Index Fund (FBT), Goldman Sachs Future Health Care Equity ETF (GDOC), VanEck Biotech ETF (BBH), BNY Mellon Innovators ETF (BKIV) and First Trust Innovation Leaders ETF (ILDR). What guidance has BioMarin Pharmaceutical issued on next quarter's earnings? BioMarin Pharmaceutical issued an update on its FY 2024 earnings guidance on Wednesday, April, 24th. The company provided earnings per share (EPS) guidance of 2.750-2.950 for the period, compared to the consensus estimate of 1.650. The company issued revenue guidance of $2.7 billion-$2.8 billion, compared to the consensus revenue estimate of $2.8 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). Who are BioMarin Pharmaceutical's major shareholders? BioMarin Pharmaceutical's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.54%), Capital Research Global Investors (3.43%), Avoro Capital Advisors LLC (2.30%), Price T Rowe Associates Inc. MD (0.58%), Janus Henderson Group PLC (0.37%) and Scout Investments Inc. (0.36%). Insiders that own company stock include Brian Mueller, Charles Greg Guyer, Dennis Slamon, Erin Burkhart, George Eric Davis, Henry J Fuchs, Jean Jacques Bienaime, Jeffrey Robert Ajer, Mark J Alles, Richard A Meier and V Bryan Lawlis. View institutional ownership trends. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:BMRN) was last updated on 5/23/2024 by MarketBeat.com Staff From Our PartnersWrite this ticker symbol down…StocksToTradeU.S. Drone Company Receives DoD CertificationThe Tomorrow InvestorTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaTruth about Trump you’ve never heardPorter & CompanyDividend-like income from non-dividend stocksUnstoppable ProsperityThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarAlex’s “Next Magnificent Seven” stocksThe Oxford ClubWhat is Nvidia’s New $1 Trillion Superproject?Weiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding BioMarin Pharmaceutical Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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