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NASDAQ:GBT

Global Blood Therapeutics (GBT) Stock Forecast, Price & News

$27.33
+0.49 (+1.83%)
(As of 05/20/2022 12:00 AM ET)
Add
Compare
Today's Range
$26.04
$27.50
50-Day Range
$22.94
$37.39
52-Week Range
$22.67
$41.73
Volume
1.21 million shs
Average Volume
1.23 million shs
Market Capitalization
$1.78 billion
P/E Ratio
N/A
Dividend Yield
N/A
Beta
1.09
30 days | 90 days | 365 days | Advanced Chart
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Global Blood Therapeutics logo

About Global Blood Therapeutics

Global Blood Therapeutics, Inc., a biopharmaceutical company, engages in the discovery, development, and delivery of treatments for underserved patient communities with sickle cell disease (SCD). The company offers Oxbryta tablets, an oral, once-daily therapy for SCD. It also evaluates the safety and pharmacokinetics of single and multiple doses of Oxbryta in a Phase II a clinical trial of adolescent and pediatric patients with SCD. In addition, the company is developing its lead product candidate inclacumab, novel human monoclonal antibody, which is in Phase III a clinical trial to reduce the incidence of painful vaso-occlusive crises, and resulting hospital admissions; and GBT601, a hemoglobin polymerization inhibitor that is in Phase I development. It has a license and collaboration agreement with Syros Pharmaceuticals, Inc. to discover, develop, and commercialize therapies for SCD and beta thalassemia; and Sanofi S.A. to two early-stage research programs in SCD. Global Blood Therapeutics, Inc. was incorporated in 2011 and is headquartered in South San Francisco, California.

Headlines

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Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:GBT
Fax
N/A
Employees
457
Year Founded
N/A

Sales & Book Value

Annual Sales
$194.75 million
Book Value
$2.06 per share

Profitability

Net Income
$-303.09 million
Net Margins
-146.82%
Pretax Margin
-146.57%

Debt

Price-To-Earnings

Miscellaneous

Free Float
62,038,000
Market Cap
$1.78 billion
Optionable
Optionable

Company Calendar

Last Earnings
5/04/2022
Today
5/20/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

1.99 out of 5 stars

Medical Sector

611th out of 1,420 stocks

Pharmaceutical Preparations Industry

280th out of 679 stocks

Analyst Opinion: 4.4Community Rank: 4.9Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -













Global Blood Therapeutics (NASDAQ:GBT) Frequently Asked Questions

Is Global Blood Therapeutics a buy right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global Blood Therapeutics in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Global Blood Therapeutics stock.
View analyst ratings for Global Blood Therapeutics
or view top-rated stocks.

When is Global Blood Therapeutics' next earnings date?

Global Blood Therapeutics is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Global Blood Therapeutics
.

How were Global Blood Therapeutics' earnings last quarter?

Global Blood Therapeutics, Inc. (NASDAQ:GBT) posted its quarterly earnings results on Wednesday, May, 4th. The company reported ($1.26) EPS for the quarter, topping analysts' consensus estimates of ($1.29) by $0.03. The business had revenue of $55.20 million for the quarter, compared to the consensus estimate of $56.13 million. Global Blood Therapeutics had a negative net margin of 146.82% and a negative trailing twelve-month return on equity of 129.74%. The firm's revenue was up 41.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($1.21) EPS.
View Global Blood Therapeutics' earnings history
.

What price target have analysts set for GBT?

12 analysts have issued 1 year price targets for Global Blood Therapeutics' shares. Their forecasts range from $31.00 to $75.00. On average, they anticipate Global Blood Therapeutics' share price to reach $57.27 in the next year. This suggests a possible upside of 109.6% from the stock's current price.
View analysts' price targets for Global Blood Therapeutics
or view top-rated stocks among Wall Street analysts.

Who are Global Blood Therapeutics' key executives?
Global Blood Therapeutics' management team includes the following people:
  • Dr. Ted W. Love M.D., Pres, CEO & Director (Age 63, Pay $1.13M)
  • Mr. Jeffrey S. Farrow, CFO & Principal Accounting Officer (Age 60, Pay $694.31k)
  • Ms. Patricia Borga Suvari, Chief Legal Officer & Sec. (Age 61, Pay $641.5k)
  • Ms. Jung E. Choi, Chief Bus. & Strategy Officer (Age 52, Pay $657.12k)
  • Mr. David L. Johnson, Chief Commercial Officer (Age 53, Pay $702.75k)
  • Dr. David R. Phillips, Founder & Advisor
  • Dr. Matthew P. Jacobson Ph.D., Founder & Advisor
  • Dr. Andrej Sali Ph.D., Founder & Advisor
  • Ms. Nazila Habibizad, Exec. VP of Operations (Age 59)
  • Stephanie Yao, Sr. Director of Corp. Communications & Investor Relations
What is Ted W. Love, M.D.'s approval rating as Global Blood Therapeutics' CEO?

13 employees have rated Global Blood Therapeutics CEO Ted W. Love, M.D. on Glassdoor.com. Ted W. Love, M.D. has an approval rating of 100% among Global Blood Therapeutics' employees. This puts Ted W. Love, M.D. in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Global Blood Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Global Blood Therapeutics investors own include Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), Exelixis (EXEL), Pfizer (PFE), AbbVie (ABBV), Intel (INTC), Advanced Micro Devices (AMD), Gilead Sciences (GILD) and Square (SQ).

When did Global Blood Therapeutics IPO?

(GBT) raised $102 million in an initial public offering (IPO) on Wednesday, August 12th 2015. The company issued 6,000,000 shares at a price of $16.00-$18.00 per share. Morgan Stanley and Goldman Sachs served as the underwriters for the IPO and Cowen and Company and Wedbush PacGrow were co-managers.

What is Global Blood Therapeutics' stock symbol?

Global Blood Therapeutics trades on the NASDAQ under the ticker symbol "GBT."

Who are Global Blood Therapeutics' major shareholders?

Global Blood Therapeutics' stock is owned by a variety of institutional and retail investors. Top institutional investors include Eubel Brady & Suttman Asset Management Inc. (26.61%), Vanguard Group Inc. (9.25%), BlackRock Inc. (8.12%), State Street Corp (5.31%), Deep Track Capital LP (3.54%) and Goldman Sachs Group Inc. (2.82%). Company insiders that own Global Blood Therapeutics stock include Dawn Svoronos, Eric Fink, Jeffrey S Farrow, Lesley Ann Calhoun, Philip A Pizzo and Scott W Morrison.
View institutional ownership trends for Global Blood Therapeutics
.

Which major investors are selling Global Blood Therapeutics stock?

GBT stock was sold by a variety of institutional investors in the last quarter, including Citigroup Inc., EULAV Asset Management, Hsbc Holdings PLC, BlackRock Inc., Ensign Peak Advisors Inc, TD Asset Management Inc., Group One Trading L.P., and Northern Trust Corp. Company insiders that have sold Global Blood Therapeutics company stock in the last year include Philip A Pizzo, and Scott W Morrison.
View insider buying and selling activity for Global Blood Therapeutics
or view top insider-selling stocks.

Which major investors are buying Global Blood Therapeutics stock?

GBT stock was acquired by a variety of institutional investors in the last quarter, including Eubel Brady & Suttman Asset Management Inc., Goldman Sachs Group Inc., Fairmount Funds Management LLC, Quinn Opportunity Partners LLC, Deep Track Capital LP, State Street Corp, Royal Bank of Canada, and Mizuho Markets Americas LLC.
View insider buying and selling activity for Global Blood Therapeutics
or or view top insider-buying stocks.

How do I buy shares of Global Blood Therapeutics?

Shares of GBT 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 Global Blood Therapeutics' stock price today?

One share of GBT stock can currently be purchased for approximately $27.33.

How much money does Global Blood Therapeutics make?

Global Blood Therapeutics has a market capitalization of $1.78 billion and generates $194.75 million in revenue each year. The company earns $-303.09 million in net income (profit) each year or ($4.87) on an earnings per share basis.

How many employees does Global Blood Therapeutics have?

Global Blood Therapeutics employs 457 workers across the globe.

What is Global Blood Therapeutics' official website?

The official website for Global Blood Therapeutics is www.gbt.com.

How can I contact Global Blood Therapeutics?

Global Blood Therapeutics' mailing address is 171 OYSTER POINT BLVD SUITE 300, SOUTH SAN FRANCISCO CA, 94080. The company can be reached via phone at (650) 741-7700 or via email at [email protected].

This page was last updated on 5/20/2022 by MarketBeat.com Staff

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