Global Blood Therapeutics Stock Forecast, Price & News

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Global Blood Therapeutics in the last year. There are currently 5 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Global Blood Therapeutics stock.
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Wall Street analysts have given Global Blood Therapeutics a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Global Blood Therapeutics wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Global Blood Therapeutics is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Global Blood Therapeutics.

Global Blood Therapeutics, Inc. (NASDAQ:GBT) issued its earnings results on Tuesday, May, 4th. The company reported ($1.21) earnings per share for the quarter, missing analysts' consensus estimates of ($1.01) by $0.20. Global Blood Therapeutics had a negative net margin of 332.94% and a negative trailing twelve-month return on equity of 56.43%.
View Global Blood Therapeutics' earnings history.

Global Blood Therapeutics' stock was trading at $54.85 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GBT stock has decreased by 29.5% and is now trading at $38.69.
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19 brokerages have issued 12 month target prices for Global Blood Therapeutics' stock. Their forecasts range from $40.00 to $152.00. On average, they anticipate Global Blood Therapeutics' share price to reach $89.05 in the next year. This suggests a possible upside of 130.2% from the stock's current price.
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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.

Some companies that are related to Global Blood Therapeutics include Maravai LifeSciences (MRVI), United Therapeutics (UTHR), Ultragenyx Pharmaceutical (RARE), Mirati Therapeutics (MRTX), BridgeBio Pharma (BBIO), Ascendis Pharma A/S (ASND), GW Pharmaceuticals (GWPH), Evotec (EVTCY), Arrowhead Pharmaceuticals (ARWR), Sarepta Therapeutics (SRPT), Perrigo (PRGO), TG Therapeutics (TGTX), Blueprint Medicines (BPMC), Allakos (ALLK) and Ionis Pharmaceuticals (IONS).
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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).

(GBT) raised $102 million in an initial public offering 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.

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

Global Blood Therapeutics' stock is owned by many different institutional and retail investors. Top institutional investors include EULAV Asset Management (0.56%), Fernwood Investment Management LLC (0.33%), Grace Capital (0.21%), Swiss National Bank (0.20%), Alps Advisors Inc. (0.18%) and Taylor Wealth Management Partners (0.11%). Company insiders that own Global Blood Therapeutics stock include Dawn Svoronos, De Dominicis Robert, Deval L Patrick, Eric Fink, Jeffrey S Farrow, Joshua Lehrer-Graiwer, Lesley Ann Calhoun, Mark L Perry, Philip A Pizzo, Ted W Love, Tricia Borga Suvari and Willie L Jr Brown.
View institutional ownership trends for Global Blood Therapeutics.

GBT stock was sold by a variety of institutional investors in the last quarter, including First Midwest Bank Trust Division, Deltec Asset Management LLC, Alliancebernstein L.P., Profit Investment Management LLC, Rhumbline Advisers, Pacer Advisors Inc., Grace Capital, and Envestnet Asset Management Inc.. Company insiders that have sold Global Blood Therapeutics company stock in the last year include Dawn Svoronos, Eric Fink, Jeffrey S Farrow, Lesley Ann Calhoun, and Mark L Perry.
View insider buying and selling activity for Global Blood Therapeutics or view top insider-selling stocks.

GBT stock was acquired by a variety of institutional investors in the last quarter, including EULAV Asset Management, Wealthcare Advisory Partners LLC, State of New Jersey Common Pension Fund D, Taylor Wealth Management Partners, Fernwood Investment Management LLC, Wealthstreet Investment Advisors LLC, Swiss National Bank, and Nisa Investment Advisors LLC.
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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.
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One share of GBT stock can currently be purchased for approximately $38.69.

Global Blood Therapeutics has a market capitalization of $2.41 billion and generates $2.11 million in revenue each year. The company earns $-266,770,000.00 in net income (profit) each year or ($4.71) on an earnings per share basis.

Global Blood Therapeutics employs 389 workers across the globe.

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

Global Blood Therapeutics is headquartered at 171 OYSTER POINT BLVD SUITE 300, SOUTH SAN FRANCISCO CA, 94080.

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]