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Home โบ Stocks โบ Beam Therapeutics Inc. (BEAM) Stock Forecast & Price Prediction United States | NASDAQ | Healthcare | Biotechnology
$19.52
-0.65 (-3.22%)10 Quality Stocks Worth Considering Now
Researching Beam Therapeutics (BEAM) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
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Based on our analysis of 19 Wall Street analysts, BEAM has a bullish consensus with a median price target of $42.00 (ranging from $20.00 to $80.00). The overall analyst rating is Strong Buy (9.0/10). Currently trading at $19.52, the median forecast implies a 115.2% upside. This outlook is supported by 14 Buy, 2 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Patrick Trucchio at HC Wainwright & Co., projecting a 309.8% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for BEAM.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Apr 7, 2025 | HC Wainwright & Co. | Patrick Trucchio | Buy | Reiterates | $80.00 |
Mar 28, 2025 | B of A Securities | Alec Stranahan | Buy | Upgrade | $42.00 |
Mar 12, 2025 | Cantor Fitzgerald | Rick Bienkowski | Overweight | Reiterates | $0.00 |
Mar 10, 2025 | Jones Trading | Soumit Roy | Buy | Upgrade | $34.00 |
Mar 10, 2025 | HC Wainwright & Co. | Patrick Trucchio | Buy | Reiterates | $80.00 |
Mar 10, 2025 | Scotiabank | Greg Harrison | Sector Outperform | Upgrade | $40.00 |
Mar 3, 2025 | Scotiabank | Greg Harrison | Sector Perform | Maintains | $25.00 |
Feb 28, 2025 | HC Wainwright & Co. | Patrick Trucchio | Buy | Reiterates | $80.00 |
Feb 27, 2025 | Guggenheim | Debjit Chattopadhyay | Buy | Reiterates | $78.00 |
Feb 26, 2025 | RBC Capital | Luca Issi | Sector Perform | Maintains | $26.00 |
Feb 3, 2025 | HC Wainwright & Co. | Patrick Trucchio | Buy | Reiterates | $80.00 |
Jan 29, 2025 | Cantor Fitzgerald | Rick Bienkowski | Overweight | Upgrade | $0.00 |
Dec 9, 2024 | HC Wainwright & Co. | Patrick Trucchio | Buy | Reiterates | $80.00 |
Nov 7, 2024 | HC Wainwright & Co. | Patrick Trucchio | Buy | Reiterates | $80.00 |
Nov 6, 2024 | RBC Capital | Luca Issi | Sector Perform | Maintains | $24.00 |
Nov 6, 2024 | Leerink Partners | Rick Bienkowski | Outperform | Upgrade | $39.00 |
Oct 16, 2024 | Scotiabank | Greg Harrison | Sector Perform | Initiates | $24.00 |
Sep 19, 2024 | RBC Capital | Luca Issi | Sector Perform | Reiterates | $27.00 |
Sep 17, 2024 | Jones Trading | Soumit Roy | Hold | Initiates | $0.00 |
Sep 11, 2024 | Stifel | Benjamin Burnett | Buy | Maintains | $69.00 |
The following stocks are similar to Beam Therapeutics based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Beam Therapeutics Inc. has a market capitalization of $2.03B with a P/E ratio of -4.3x. The company generates $63.52M in trailing twelve-month revenue with a 0.0% profit margin.
Revenue growth is -90.5% quarter-over-quarter, while maintaining an operating margin of -332.7% and return on equity of -43.9%.
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Develops precision genetic medicines using base editing.
Beam Therapeutics generates revenue by developing innovative genetic therapies that target and correct genetic disorders at a molecular level. By focusing on base editing technology, the company aims to license its therapies to pharmaceutical partners and potentially commercialize its own products, thus creating multiple revenue streams in the healthcare sector.
Founded in 2017 and based in Cambridge, Massachusetts, Beam Therapeutics is positioned as a leader in the genetic medicine field. The company's unique approach minimizes the risks associated with traditional gene-editing methods and addresses a range of conditions, including sickle cell disease and beta-thalassemia, which could significantly improve patient outcomes.
Healthcare
Biotechnology
483
Mr. John M. Evans M.B.A.
United States
2020
Data shows that 28 days after BEAM-302 treatment at a 60 mg dose, the corrected M-AAT reached a mean of 91% of total AAT in circulation in a cohort of 3 participants.
The data indicates a successful treatment outcome for BEAM-302, potentially enhancing market confidence and driving stock value for related biotech firms.
Biotech investors face uncertainty after the sudden resignation of Dr. Peter Marks, a significant official at the US FDA.
Dr. Marks' resignation creates uncertainty in regulatory processes for biotech firms, potentially impacting drug approvals and stock performance in the sector.
On March 30, subscribers to Chart of the Week received a commentary, indicating ongoing analysis and insights relevant for investors.
Subscription updates indicate ongoing engagement and value in market analysis, potentially influencing investor sentiment and decision-making.
U.S. IND approval granted for BEAM-302 across six countries, marking Beam's second open IND for its in vivo base editing program in the U.S.
Regulatory clearance for BEAM-302 across six countries and a second U.S. IND boosts confidence in Beam's pipeline, potentially leading to market expansion and revenue growth.
The FDA has approved Beam Therapeutics' investigational new drug application for BEAM-302, targeting alpha-1 antitrypsin deficiency in the U.S.
FDA clearance for BEAM-302 boosts Beam Therapeutics' market potential, signaling progress in drug development and potentially increasing stock value and investor confidence.
BEAM reported positive Phase 1/2 results for BEAM-302, showing durable gene correction for AATD. However, a $500 million equity offering raises concerns about potential dilution.
BEAM's promising gene therapy results for AATD boost its long-term value, but the $500 million equity offering raises immediate dilution concerns, affecting short-term investor sentiment.
Based on our analysis of 19 Wall Street analysts, Beam Therapeutics Inc. (BEAM) has a median price target of $42.00. The highest price target is $80.00 and the lowest is $20.00.
According to current analyst ratings, BEAM has 14 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $19.52. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict BEAM stock could reach $42.00 in the next 12 months. This represents a 115.2% increase from the current price of $19.52. Please note that this is a projection by Wall Street analysts and not a guarantee.
Beam Therapeutics generates revenue by developing innovative genetic therapies that target and correct genetic disorders at a molecular level. By focusing on base editing technology, the company aims to license its therapies to pharmaceutical partners and potentially commercialize its own products, thus creating multiple revenue streams in the healthcare sector.
The highest price target for BEAM is $80.00 from Patrick Trucchio at HC Wainwright & Co., which represents a 309.8% increase from the current price of $19.52.
The lowest price target for BEAM is $20.00 from at , which represents a 2.5% increase from the current price of $19.52.
The overall analyst consensus for BEAM is bullish. Out of 19 Wall Street analysts, 14 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $42.00.
Stock price projections, including those for Beam Therapeutics Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.