Global Blood Therapeutics Stock Forecast, Price & News

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Global Blood Therapeutics in the last year. There are currently 6 hold ratings and 12 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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Global Blood Therapeutics is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Global Blood Therapeutics.

Global Blood Therapeutics, Inc. (NASDAQ:GBT) posted its quarterly earnings results on Monday, August, 2nd. The company reported ($1.12) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($1.19) by $0.07. The company earned $47.56 million during the quarter, compared to analyst estimates of $43.87 million. Global Blood Therapeutics had a negative net margin of 161.55% and a negative trailing twelve-month return on equity of 68.58%.
View Global Blood Therapeutics' earnings history.

Global Blood Therapeutics' stock was trading at $54.85 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GBT stock has decreased by 52.0% and is now trading at $26.35.
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18 brokerages have issued 12 month price targets for Global Blood Therapeutics' stock. Their forecasts range from $36.00 to $124.00. On average, they anticipate Global Blood Therapeutics' stock price to reach $70.73 in the next twelve months. This suggests a possible upside of 168.4% 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 Ultragenyx Pharmaceutical (RARE), HUTCHMED (HCM), Legend Biotech (LEGN), Blueprint Medicines (BPMC), Perrigo (PRGO), Allakos (ALLK), Cerevel Therapeutics (CERE), I-Mab (IMAB), Ionis Pharmaceuticals (IONS), Alkermes (ALKS), Arvinas (ARVN), TG Therapeutics (TGTX), Schrödinger (SDGR), Hypera (HYPMY) and Reata Pharmaceuticals (RETA).
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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 Bank of America Corp DE (9.83%), Bank of America Corp DE (9.83%), Vanguard Group Inc. (9.39%), BlackRock Inc. (9.25%), Perceptive Advisors LLC (6.65%) and Perceptive Advisors LLC (6.65%). 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, Scott W Morrison, 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 FMR LLC, Perceptive Advisors LLC, Perceptive Advisors LLC, JPMorgan Chase & Co., Frontier Capital Management Co. LLC, Nuveen Asset Management LLC, Susquehanna International Group LLP, and Price T Rowe Associates Inc. MD. Company insiders that have sold Global Blood Therapeutics company stock in the last year include Eric Fink, Philip A Pizzo, and Scott W Morrison.
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 BlackRock Inc., State Street Corp, Morgan Stanley, Morgan Stanley, Northern Trust Corp, Geode Capital Management LLC, Vanguard Group Inc., and Natixis. Company insiders that have bought Global Blood Therapeutics stock in the last two years include Eric Fink, and Willie L Jr Brown.
View insider buying and selling activity for Global Blood Therapeutics or or view top insider-buying stocks.

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 $26.35.

Global Blood Therapeutics has a market capitalization of $1.64 billion and generates $123.80 million in revenue each year. The company earns $-247,550,000.00 in net income (profit) each year or ($4.04) 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]m.