Blueprint Medicines - BPMC Stock Forecast, Price & News

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blueprint Medicines in the last twelve months. There are currently 2 sell ratings, 5 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" BPMC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BPMC, but not buy additional shares or sell existing shares.
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15 brokerages have issued twelve-month price targets for Blueprint Medicines' stock. Their BPMC share price forecasts range from $40.00 to $122.00. On average, they predict the company's share price to reach $83.67 in the next twelve months. This suggests a possible upside of 85.0% from the stock's current price.
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Blueprint Medicines' stock was trading at $107.11 on January 1st, 2022. Since then, BPMC shares have decreased by 57.8% and is now trading at $45.23.
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Blueprint Medicines saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 4,240,000 shares, an increase of 15.8% from the October 31st total of 3,660,000 shares. Based on an average trading volume of 723,500 shares, the short-interest ratio is presently 5.9 days. Currently, 7.3% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
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Blueprint Medicines Co. (NASDAQ:BPMC) announced its quarterly earnings data on Wednesday, October, 27th. The biotechnology company reported ($2.00) EPS for the quarter, missing analysts' consensus estimates of ($1.63) by $0.37. The biotechnology company earned $24.19 million during the quarter, compared to analyst estimates of $42.58 million. Blueprint Medicines had a negative net margin of 263.54% and a negative trailing twelve-month return on equity of 56.45%. Blueprint Medicines's quarterly revenue was down 96.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $11.16 EPS.

Blueprint Medicines updated its FY 2022 earnings guidance on Tuesday, November, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $200.00 million-$200.00 million, compared to the consensus revenue estimate of $191.21 million.

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 acted 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 investors include BlackRock Inc. (9.62%), Vanguard Group Inc. (9.46%), Price T Rowe Associates Inc. MD (6.74%), State Street Corp (3.71%), Cadian Capital Management LP (2.44%) and Alliancebernstein L.P. (2.36%). Insiders that own company stock include Anthony L Boral, 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, Marion Dorsch, Mark Alan Goldberg, Nicholas Lydon, 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 $45.23.

Blueprint Medicines (NASDAQ:BPMC) has a market capitalization of $2.71 billion and generates $180.08 million in revenue each year. The biotechnology company earns $-644,090,000.00 in net income (profit) each year or ($12.10) on an earnings per share basis.

The company employs 495 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.