S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
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Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
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What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
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S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
pixel
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
pixel
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
pixel
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
pixel
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
pixel
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
pixel
NASDAQ:BPMC

Blueprint Medicines - BPMC Stock Forecast, Price & News

$68.14
+3.42 (+5.28%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$63.07
$69.81
50-Day Range
$45.23
$68.14
52-Week Range
$43.46
$117.86
Volume
1.23 million shs
Average Volume
668,932 shs
Market Capitalization
$4.06 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$91.47

Blueprint Medicines MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.54 Rating Score
Upside/​Downside
34.2% Upside
$91.47 Price Target
Short Interest
Healthy
9.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.19mentions of Blueprint Medicines in the last 14 days
Based on 39 Articles This Week
Insider Trading
Selling Shares
$114,022 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($9.18) to ($7.99) Per Share

Overall MarketRank

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

2.28 out of 5 stars

Medical Sector

351st out of 1,283 stocks

Pharmaceutical Preparations Industry

150th out of 615 stocks

BPMC stock logo

About Blueprint Medicines (NASDAQ:BPMC) Stock

Blueprint Medicines Corporation, a precision therapy company, develops medicines for genomically defined cancers and blood disorders in the United States and internationally. The company is developing AYVAKIT for the treatment of systemic mastocytosis (SM) and gastrointestinal stromal tumors; BLU-263, an orally available, potent, and KIT inhibitor for the treatment of non-advanced SM and other mast cell disorders; and Fisogatinib, an orally available and potent inhibitor for the treatment of hepatocellular carcinoma. It is also developing GAVRETO for the treatment of RET fusion-positive non-small cell lung cancer, altered solid tumors, medullary thyroid carcinoma, and other solid tumors; BLU-701 and BLU-945 for the treatment of epidermal growth factor receptor driven non-small-cell lung carcinoma (NSCLC); and BLU-451 to treat NSCLC in patients with epidermal growth factor receptor gene (EGFR) exon 20 insertion mutations. In addition, the company is developing BLU-782, for the treatment of fibrodysplasia ossificans progressive; BLU- 222 to treat patients with cyclin E aberrant cancers; and BLU-852 for the treatment of advanced cancers. It has collaboration and license agreements with Clementia Pharmaceuticals, Inc.; Proteovant Therapeutics; CStone Pharmaceuticals; Genentech, Inc.; F. Hoffmann-La Roche Ltd and Hoffmann-La Roche Inc.; and Zai Lab (Shanghai) Co., Ltd. The company was formerly known as Hoyle Pharmaceuticals, Inc. and changed its name to Blueprint Medicines Corporation in June 2011. Blueprint Medicines Corporation was incorporated in 2008 and is headquartered in Cambridge, Massachusetts.

Analysts Set New Price Targets

A number of brokerages recently issued reports on BPMC. Raymond James lowered their price target on shares of Blueprint Medicines from $133.00 to $115.00 and set a "strong-buy" rating on the stock in a report on Wednesday. Jefferies Financial Group raised shares of Blueprint Medicines from a "hold" rating to a "buy" rating and lowered their price target for the stock from $88.00 to $78.00 in a report on Wednesday, June 1st. The Goldman Sachs Group increased their price target on shares of Blueprint Medicines from $126.00 to $143.00 and gave the stock a "buy" rating in a report on Wednesday. Robert W. Baird decreased their price objective on shares of Blueprint Medicines from $123.00 to $96.00 in a report on Wednesday, May 4th. Finally, Wells Fargo & Company initiated coverage on shares of Blueprint Medicines in a report on Monday, June 27th. They set an "underweight" rating and a $40.00 price objective on the stock. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Blueprint Medicines currently has a consensus rating of "Moderate Buy" and a consensus price target of $91.47.

Blueprint Medicines Stock Performance

Shares of NASDAQ:BPMC traded up $3.42 during midday trading on Friday, hitting $68.14. The company's stock had a trading volume of 1,233,977 shares, compared to its average volume of 668,932. The business's 50 day simple moving average is $54.16 and its 200 day simple moving average is $61.22. The company has a market cap of $4.06 billion, a P/E ratio of -5.74 and a beta of 0.94. Blueprint Medicines has a 12-month low of $43.46 and a 12-month high of $117.86.

Blueprint Medicines (NASDAQ:BPMC - Get Rating) last posted its quarterly earnings results on Tuesday, August 2nd. The biotechnology company reported ($2.68) earnings per share for the quarter, missing the consensus estimate of ($2.23) by ($0.45). Blueprint Medicines had a negative return on equity of 45.89% and a negative net margin of 304.41%. The business had revenue of $36.55 million during the quarter, compared to analysts' expectations of $37.61 million. During the same period in the prior year, the business posted ($1.86) earnings per share. The business's quarterly revenue was up 33.9% on a year-over-year basis. On average, sell-side analysts predict that Blueprint Medicines will post -9.18 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Percy H. Carter sold 1,908 shares of the firm's stock in a transaction dated Monday, June 6th. The shares were sold at an average price of $59.76, for a total transaction of $114,022.08. Following the completion of the sale, the insider now directly owns 28,685 shares in the company, valued at $1,714,215.60. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 3.34% of the stock is owned by company insiders.

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BPMC Stock News Headlines

Blueprint Medicines (NASDAQ:BPMC) Price Target Cut to $59.00
IDRx Emerges From Stealth With $122M To Tackle Cancer
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BPMC Company Calendar

Last Earnings
8/02/2022
Today
8/07/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:BPMC
Fax
N/A
Employees
495
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$91.47
High Stock Price Forecast
$152.00
Low Stock Price Forecast
$40.00
Forecasted Upside/Downside
+34.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.54
Research Coverage
13 Analysts

Profitability

Net Income
$-644,090,000.00
Net Margins
-304.41%
Pretax Margin
-301.76%

Debt

Sales & Book Value

Annual Sales
$180.08 million
Book Value
$12.55 per share

Miscellaneous

Free Float
57,581,000
Market Cap
$4.06 billion
Optionable
Optionable
Beta
0.94














BPMC Stock - Frequently Asked Questions

Should I buy or sell Blueprint Medicines stock right now?

13 Wall Street research 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, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Blueprint Medicines stock.
View analyst ratings for Blueprint Medicines
or view top-rated stocks.

What is Blueprint Medicines' stock price forecast for 2022?

13 equities research analysts have issued 1 year target prices for Blueprint Medicines' shares. Their BPMC stock forecasts range from $40.00 to $152.00. On average, they expect Blueprint Medicines' stock price to reach $91.47 in the next twelve months. This suggests a possible upside of 34.2% from the stock's current price.
View analysts' price targets for Blueprint Medicines
or view top-rated stocks among Wall Street analysts.

How has Blueprint Medicines' stock performed in 2022?

Blueprint Medicines' stock was trading at $107.11 at the beginning of the year. Since then, BPMC stock has decreased by 36.4% and is now trading at $68.14.
View the best growth stocks for 2022 here
.

When is Blueprint Medicines' next earnings date?

Blueprint Medicines is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our earnings forecast for Blueprint Medicines
.

How were Blueprint Medicines' earnings last quarter?

Blueprint Medicines Co. (NASDAQ:BPMC) announced its quarterly earnings data on Tuesday, August, 2nd. The biotechnology company reported ($2.68) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($2.23) by $0.45. The biotechnology company had revenue of $36.55 million for the quarter, compared to the consensus estimate of $37.61 million. Blueprint Medicines had a negative net margin of 304.41% and a negative trailing twelve-month return on equity of 45.89%. The company's revenue was up 33.9% compared to the same quarter last year. During the same period in the prior year, the company earned ($1.86) earnings per share.

What guidance has Blueprint Medicines issued on next quarter's earnings?

Blueprint Medicines issued an update on its FY 2022 earnings guidance on Tuesday, August, 2nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $180.00 million-$200.00 million, compared to the consensus revenue estimate of $194.85 million.

What is Kate Haviland's approval rating as Blueprint Medicines' CEO?

16 employees have rated Blueprint Medicines CEO Kate Haviland on Glassdoor.com. Kate Haviland has an approval rating of 100% among Blueprint Medicines' 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.

What other stocks do shareholders of Blueprint Medicines own?

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).

When did Blueprint Medicines IPO?

(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.

What is Blueprint Medicines' stock symbol?

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

Who are Blueprint Medicines' major shareholders?

Blueprint Medicines' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Brown Advisory Inc. (1.61%), Assenagon Asset Management S.A. (0.77%), Loomis Sayles & Co. L P (0.55%), Candriam S.C.A. (0.43%), Peregrine Capital Management LLC (0.22%) and EFG Asset Management North America Corp. (0.22%). Company insiders that own Blueprint Medicines stock include Anthony L Boral, Ariel Hurley, Charles A Rowland Jr, Christina Rossi, Debra Durso-Bumpus, Fouad Namouni, George Demetri, Jeffrey W Albers, Kate Haviland, L Becker Hewes, Lonnel Coats, Marion Dorsch, Mark Alan Goldberg, Nicholas Lydon, Percy H Carter and Tracey L Mccain.
View institutional ownership trends for Blueprint Medicines
.

How do I buy shares of Blueprint Medicines?

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.
Compare Top Brokerages Here.

What is Blueprint Medicines' stock price today?

One share of BPMC stock can currently be purchased for approximately $68.14.

How much money does Blueprint Medicines make?

Blueprint Medicines (NASDAQ:BPMC) has a market capitalization of $4.06 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 ($11.87) on an earnings per share basis.

How many employees does Blueprint Medicines have?

Blueprint Medicines employs 495 workers across the globe.

How can I contact Blueprint Medicines?

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

This page (NASDAQ:BPMC) was last updated on 8/7/2022 by MarketBeat.com Staff

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