Blueprint Medicines (BPMC) Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blueprint Medicines in the last twelve months. There are currently 2 sell ratings, 3 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BPMC shares.
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12 brokerages have issued twelve-month target prices for Blueprint Medicines' shares. Their BPMC share price forecasts range from $38.00 to $114.00. On average, they anticipate the company's stock price to reach $75.21 in the next year. This suggests a possible upside of 51.9% from the stock's current price.
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Blueprint Medicines' stock was trading at $43.81 on January 1st, 2023. Since then, BPMC stock has increased by 13.0% and is now trading at $49.52.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
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Blueprint Medicines Co. (NASDAQ:BPMC) posted its quarterly earnings data on Wednesday, August, 2nd. The biotechnology company reported ($2.19) earnings per share for the quarter, beating analysts' consensus estimates of ($2.58) by $0.39. The biotechnology company had revenue of $57.60 million for the quarter, compared to the consensus estimate of $45.60 million. Blueprint Medicines had a negative trailing twelve-month return on equity of 117.88% and a negative net margin of 245.62%. The firm's quarterly revenue was up 57.8% compared to the same quarter last year. During the same period in the previous year, the company posted ($2.68) EPS.

ETFs with the largest weight of Blueprint Medicines (NASDAQ:BPMC) stock in their portfolio include iShares Genomics Immunology and Healthcare ETF (IDNA), Virtus LifeSci Biotech Products ETF (BBP), WisdomTree BioRevolution Fund (WDNA), SPDR S&P Biotech ETF (XBI), Fidelity Disruptive Medicine ETF (FMED), Harbor Corporate Culture Small Cap ETF (HAPS), BlackRock Future Health ETF (BMED) and Principal Healthcare Innovators ETF (BTEC).

16 employees have rated Blueprint Medicines Chief Executive Officer Kate Haviland on Glassdoor.com. Kate Haviland has an approval rating of 100% among the company's employees. This puts Kate Haviland in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 93.0% of employees surveyed would recommend working at Blueprint Medicines to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Blueprint Medicines investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), AbbVie (ABBV), Micron Technology (MU), Pfizer (PFE), Gilead Sciences (GILD), QUALCOMM (QCOM), Amarin (AMRN), CRISPR Therapeutics (CRSP) and Nektar Therapeutics (NKTR).

(BPMC) raised $115 million in an IPO on Thursday, April 30th 2015. The company issued 7,200,000 shares at a price of $15.00-$17.00 per share. Goldman Sachs and Cowen and Company served as the underwriters for the IPO and JMP Securities and Wedbush PacGrow were co-managers.

Blueprint Medicines trades on the NASDAQ under the ticker symbol "BPMC."

Blueprint Medicines' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.77%), State Street Corp (4.13%), Rock Springs Capital Management LP (3.60%), Alliancebernstein L.P. (2.66%), JPMorgan Chase & Co. (2.65%) and William Blair Investment Management LLC (2.43%). Insiders that own company stock include Ariel Hurley, Charles A Rowland Jr, Christina Rossi, Christopher K Murray, Debra Durso-Bumpus, Fouad Namouni, George Demetri, Jeffrey W Albers, Kate Haviland, L Becker Hewes, Mark Alan Goldberg, Michael Landsittel, Percy H Carter and Tracey L Mccain.
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Shares of BPMC 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.
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One share of BPMC stock can currently be purchased for approximately $49.52.

Blueprint Medicines (NASDAQ:BPMC) has a market capitalization of $3.00 billion and generates $204.04 million in revenue each year. The biotechnology company earns $-557,520,000.00 in net income (profit) each year or ($9.22) on an earnings per share basis.

The company employs 660 workers across the globe.

Blueprint Medicines' mailing address is 45 SIDNEY STREET, CAMBRIDGE MA, 02139. The official website for the company is www.blueprintmedicines.com. The biotechnology company can be reached via phone at (617) 374-7580 or via email at ir@blueprintmedicines.com.