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NASDAQ:BMEA

Biomea Fusion (BMEA) Stock Price, News & Analysis

$5.54
+0.08 (+1.47%)
(As of 07/26/2024 ET)
Today's Range
$5.33
$5.63
50-Day Range
$4.14
$12.62
52-Week Range
$3.61
$23.03
Volume
315,166 shs
Average Volume
1.11 million shs
Market Capitalization
$199.14 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$28.25

Biomea Fusion MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
409.9% Upside
$28.25 Price Target
Short Interest
Bearish
28.41% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.29mentions of Biomea Fusion in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($4.09) to ($3.37) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.92 out of 5 stars

Medical Sector

429th out of 936 stocks

Pharmaceutical Preparations Industry

196th out of 436 stocks

BMEA stock logo

About Biomea Fusion Stock (NASDAQ:BMEA)

Biomea Fusion, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery and development of covalent small molecule drugs to treat patients with genetically defined cancers and metabolic diseases. Its lead product candidate is BMF-219, a covalent inhibitor of menin for treating patients with liquid and solid tumors and type 2 diabetes. The company was incorporated in 2017 and is headquartered in Redwood City, California.

BMEA Stock Price History

BMEA Stock News Headlines

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Company Calendar

Last Earnings
5/02/2024
Today
7/27/2024
Next Earnings (Estimated)
7/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:BMEA
Fax
N/A
Employees
110
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$28.25
High Stock Price Target
$60.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+409.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$-117,250,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$4.74 per share

Miscellaneous

Free Float
26,035,000
Market Cap
$199.14 million
Optionable
Optionable
Beta
-0.53
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BMEA Stock Analysis - Frequently Asked Questions

How have BMEA shares performed this year?

Biomea Fusion's stock was trading at $14.52 at the start of the year. Since then, BMEA stock has decreased by 61.8% and is now trading at $5.54.
View the best growth stocks for 2024 here
.

How were Biomea Fusion's earnings last quarter?

Biomea Fusion, Inc. (NASDAQ:BMEA) announced its quarterly earnings results on Thursday, May, 2nd. The company reported ($1.09) EPS for the quarter, missing the consensus estimate of ($1.02) by $0.07.

When did Biomea Fusion IPO?

Biomea Fusion (BMEA) raised $120 million in an IPO on Friday, April 16th 2021. The company issued 7,500,000 shares at a price of $15.00-$17.00 per share. J.P. Morgan, Jefferies and Piper Sandler acted as the underwriters for the IPO.

Who are Biomea Fusion's major shareholders?

Biomea Fusion's top institutional investors include Bank of New York Mellon Corp (0.26%), SG Americas Securities LLC (0.16%) and High Net Worth Advisory Group LLC (0.03%). Insiders that own company stock include Bihua Chen, A2a Pharmaceuticals, Inc, Rainer M Erdtmann, Michael JM Hitchcock and Franco Valle.
View institutional ownership trends
.

How do I buy shares of Biomea Fusion?

Shares of BMEA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BMEA) was last updated on 7/27/2024 by MarketBeat.com Staff

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