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NASDAQ:GBT

Global Blood Therapeutics - GBT Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
Add
Compare
Today's Range
$68.49
▼
$68.49
50-Day Range
$68.07
▼
$68.49
52-Week Range
$21.65
▼
$73.02
Volume
74 shs
Average Volume
2.07 million shs
Market Capitalization
$4.62 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$65.42

Global Blood Therapeutics MarketRank™ Forecast

Analyst Rating
Hold
2.21 Rating Score
Upside/​Downside
4.5% Downside
$65.42 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
-1.95
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($4.71) to ($3.08) Per Share

Overall MarketRank™

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

1.01 out of 5 stars

Medical Sector

1037th out of 1,049 stocks

Pharmaceutical Preparations Industry

505th out of 514 stocks

See Top Rated MarketRank™ Stocks Here

GBT stock logo

About Global Blood Therapeutics (NASDAQ:GBT) Stock

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.

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GBT Stock News Headlines

January 25, 2023 | finance.yahoo.com
GBT Filed a Non-Provisional Patent for Predictive Technology, to Design and Manufacture Three-Dimensional, Multi-Planar Semiconductors
January 14, 2023 | finance.yahoo.com
Global Head And Neck Cancer Therapeutics Market Report 2022: Sector to Reach $2.5 Billion by 2028 at a 12.3% CAGR
January 30, 2023 | Investing Trends (Ad)
Solar Industry at Start of Long Bull Run?
The U.S. solar industry generated nearly $33 billion of private investment in the American economy in 2021 -- and analysts say it looks like the start of a long solar bull market. Leading the way is the just-signed Inflation Reduction Act of 2022. With its generous investment tax credits, the Act is expected to triple U.S. solar energy production over the next 5 years.
January 13, 2023 | marketwatch.com
The Global Plasma Protein Therapeutics Market is expected to grow at CAGR of 5.03% during 2023-2027
January 12, 2023 | marketwatch.com
Anemia Drugs Market Growth, Size, Share, Opportunities, Industry Analysis and Forecast 2023 To 2028
January 12, 2023 | nz.finance.yahoo.com
GBT’s Wireless, Motion Detection and Imaging, Continuation Patent Application Received a Notice of Publication
January 10, 2023 | marketwatch.com
Sickle-cell Anemia Therapeutics Market Size 2023 Research Report Analysis by Manufactures, Types, Application, Trends and Forecast to 2026
January 10, 2023 | nz.finance.yahoo.com
GBT's Facial and Body Recognition Patent Application is Granted
January 30, 2023 | Investing Trends (Ad)
Solar Industry at Start of Long Bull Run?
The U.S. solar industry generated nearly $33 billion of private investment in the American economy in 2021 -- and analysts say it looks like the start of a long solar bull market. Leading the way is the just-signed Inflation Reduction Act of 2022. With its generous investment tax credits, the Act is expected to triple U.S. solar energy production over the next 5 years.
January 10, 2023 | thestreet.com
Global Blood Valuation Gives Goldman Analyst Pause
January 9, 2023 | benzinga.com
Heart Failure Market Report (2022 to 2030) – Tenax Therapeutics, Novartis Ag, Bayer Ag, Bristol-Myers Squibb, Eli Lilly And Company
January 5, 2023 | benzinga.com
The Global Intracranial Hemorrhage Devices Market to Exhibit Growth at a CAGR of 6.65% by 2027 | DelveInsight
January 5, 2023 | finance.yahoo.com
Global Blood Plasma Derivatives Market to Reach $72.5 Billion by 2028 at a CAGR of 9.3%
January 5, 2023 | thestreet.com
Global Blood Therapeutics (GBT) Stock Surges on Promising Sickle Cell Drug Results
January 4, 2023 | marketwatch.com
Global Autoimmune Hemolytic Anemia Therapeutics Market (Latest Report) is booming in near Future 2023-2029| 121 Pages Report
January 4, 2023 | marketwatch.com
Complete Blood Count (CBC) Market (New Report) 2023 Is Flourishing Around the World by 2029 | 110 Pages Report
January 4, 2023 | nz.finance.yahoo.com
GBT’s 3D, Multiplanar IC received a Notice of Allowance in Korea
January 4, 2023 | thestreet.com
Global Blood Shows Extended, Safe Treatment Effect for Sickle Cell Disease Drug
December 25, 2022 | thestreet.com
Global Blood Bolsters Sickle Cell Drug With More Patient Data
December 21, 2022 | it.tmcnet.com
GBT received a noticed of publication for its Integrated Circuit's Geometrical Design Rule Automatic Correction patent
December 19, 2022 | marketwatch.com
Blood Bank Management Software Market, Leading Players, Growth and Business Opportunities by 2029
December 13, 2022 | benzinga.com
Amex GBT Chief Revenue Officer to step down after 34-year career
December 12, 2022 | marketwatch.com
Safe Blood Collection Needle Market to Witness A Pronounce Growth During 2023-2028 | 96 Pages Report
December 9, 2022 | marketwatch.com
Blood Plasma Products Market 2023 To Garner Overwhelming Hike In Revenues by 2026
December 8, 2022 | marketwatch.com
Blood-Brain Barrier Transport Drugs Market 2022 Report Offers Key Futuristic Top Trends And Competitive Landscape By 2028
December 7, 2022 | benzinga.com
Global Bacteriophage Therapy Market Report 2022: Sector Set for Significant Growth With Over $1 Billion in Public and Private Investments
December 5, 2022 | marketwatch.com
Peptide Based Metabolic Disorders Therapeutics Market Is Likely to Experience a Strong Growth During 2023-2028 with Top Countries Data
See More Headlines

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GBT Company Calendar

Last Earnings
11/04/2021
Today
1/30/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Pharmaceutical Preparations
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:GBT
CUSIP
N/A
CIK
1629137
Web
www.gbt.com
Phone
(650) 741-7700
Fax
N/A
Employees
457
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$65.42
High Stock Price Forecast
$75.00
Low Stock Price Forecast
$31.00
Forecasted Upside/Downside
-4.5%
Consensus Rating
Hold
Rating Score (0-4)
2.21
Research Coverage
14 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($5.01)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-303,090,000.00
Net Margins
-137.30%
Pretax Margin
-137.01%
Return on Equity
-170.37%
Return on Assets
-39.24%

Debt

Debt-to-Equity Ratio
4.92
Current Ratio
6.88
Quick Ratio
6.17

Sales & Book Value

Annual Sales
$194.75 million
Price / Sales
23.73
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$3.05 per share
Price / Book
22.46

Miscellaneous

Outstanding Shares
67,476,000
Free Float
64,170,000
Market Cap
$4.62 billion
Optionable
Optionable
Beta
0.45

Key Executives

  • Dr. Ted W. Love M.D. (Age 63)
    Pres, CEO & Director
    Comp: $1.06M
  • Mr. Jeffrey S. Farrow (Age 60)
    CFO & Principal Accounting Officer
    Comp: $672.67k
  • Ms. Jung E. Choi (Age 52)
    Chief Bus. & Strategy Officer
    Comp: $645k
  • Mr. David L. Johnson (Age 53)
    Chief Commercial Officer
    Comp: $661.5k
  • Dr. Kim Smith-Whitley M.D. (Age 61)
    Exec. VP and Head of R&D
    Comp: $654k
  • Dr. David R. Phillips
    Founder & Advisor
  • Dr. Matthew P. Jacobson Ph.D.
    Founder & Advisor
  • Dr. Andrej Sali Ph.D.
    Founder & Advisor
  • Ms. Nazila Habibizad (Age 59)
    Exec. VP of Operations
  • Stephanie Yao
    Sr. Director of Corp. Communications & Investor Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













GBT Stock - Frequently Asked Questions

Should I buy or sell Global Blood Therapeutics stock right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Global Blood Therapeutics in the last year. There are currently 11 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GBT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GBT, but not buy additional shares or sell existing shares.
View GBT analyst ratings or view top-rated stocks.

What is Global Blood Therapeutics' stock price forecast for 2023?

14 Wall Street research analysts have issued 1-year price objectives for Global Blood Therapeutics' stock. Their GBT share price forecasts range from $31.00 to $75.00. On average, they predict the company's share price to reach $65.42 in the next twelve months. This suggests that the stock has a possible downside of 4.5%.
View analysts price targets for GBT or view top-rated stocks among Wall Street analysts.

How were Global Blood Therapeutics' earnings last quarter?

Global Blood Therapeutics, Inc. (NASDAQ:GBT) issued its quarterly earnings results on Thursday, November, 4th. The company reported ($1.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.10) by $0.03. The company had revenue of $52.05 million for the quarter, compared to the consensus estimate of $53.69 million. Global Blood Therapeutics had a negative net margin of 137.30% and a negative trailing twelve-month return on equity of 170.37%. The firm's revenue for the quarter was up 41.1% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.97) EPS.

What is Ted W. Love, M.D.'s approval rating as Global Blood Therapeutics' CEO?

20 employees have rated Global Blood Therapeutics Chief Executive Officer Ted W. Love, M.D. on Glassdoor.com. Ted W. Love, M.D. has an approval rating of 100% among the company's employees. This puts Ted W. Love, M.D. in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 90.0% of employees surveyed would recommend working at Global Blood Therapeutics to a friend.

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 Block (SQ).

When did Global Blood Therapeutics IPO?

(GBT) raised $102 million in an 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 retail and institutional investors. Top institutional shareholders include FNY Investment Advisers LLC (0.00%). Insiders that own company stock include Dawn Svoronos, Eric Fink, Jeffrey S Farrow, Joshua Lehrer-Graiwer, Lesley Ann Calhoun, Mark L Perry, Nazila Habibizad, Philip A Pizzo, Scott W Morrison, Ted W Love, Tricia Borga Suvari and Willie L Jr Brown.
View institutional ownership trends.

What is Global Blood Therapeutics' stock price today?

One share of GBT stock can currently be purchased for approximately $68.49.

How much money does Global Blood Therapeutics make?

Global Blood Therapeutics (NASDAQ:GBT) has a market capitalization of $4.62 billion and generates $194.75 million in revenue each year. The company earns $-303,090,000.00 in net income (profit) each year or ($5.01) on an earnings per share basis.

How many employees does Global Blood Therapeutics have?

The company employs 457 workers across the globe.

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 official website for the company is www.gbt.com. The company can be reached via phone at (650) 741-7700 or via email at investor@gbt.com.

This page (NASDAQ:GBT) was last updated on 1/30/2023 by MarketBeat.com Staff