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 twelve months. 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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Global Blood Therapeutics is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Global Blood Therapeutics.

Global Blood Therapeutics, Inc. (NASDAQ:GBT) announced its quarterly earnings results on Tuesday, February, 23rd. The company reported ($1.00) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.97) by $0.03. The company had revenue of $41.30 million for the quarter, compared to the consensus estimate of $38.89 million. Global Blood Therapeutics had a negative trailing twelve-month return on equity of 56.43% and a negative net margin of 332.94%.
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. Since then, GBT shares have decreased by 24.8% and is now trading at $41.27.
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19 brokers have issued 1-year price targets for Global Blood Therapeutics' stock. Their forecasts range from $45.00 to $152.00. On average, they expect Global Blood Therapeutics' stock price to reach $90.32 in the next twelve months. This suggests a possible upside of 118.8% 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 Bausch Health Companies (BHC), Jazz Pharmaceuticals (JAZZ), United Therapeutics (UTHR), Maravai LifeSciences (MRVI), BridgeBio Pharma (BBIO), Mirati Therapeutics (MRTX), Arrowhead Pharmaceuticals (ARWR), Ultragenyx Pharmaceutical (RARE), GW Pharmaceuticals (GWPH), Evotec (EVTCY), Ascendis Pharma A/S (ASND), Ionis Pharmaceuticals (IONS), Sarepta Therapeutics (SRPT), TG Therapeutics (TGTX) and Perrigo (PRGO).
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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 (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.

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

Global Blood Therapeutics' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Profit Investment Management LLC (0.06%), First Midwest Bank Trust Division (0.05%), Sanders Morris Harris LLC (0.01%) and Pacer Advisors Inc. (0.00%). 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, Profit Investment Management LLC, Pacer Advisors Inc., and Sanders Morris Harris LLC. 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, Mark L Perry, Ted W Love, and Tricia Borga Suvari.
View insider buying and selling activity for Global Blood Therapeutics or view top insider-selling 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 $41.27.

Global Blood Therapeutics has a market capitalization of $2.57 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]