Bristol-Myers Squibb Co. (BMY) Stock Forecast & Predictions

Bristol-Myers Squibb Co. BMY: $63.54

430 E 29th St Fl 14, New York, New York, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.bms.com

  • Market Cap$141.04B
  • Change (52 Weeks)1.62%
  • Low (52 Weeks)$52.76
  • Bristol-Myers Squibb Co. (BMY) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Bristol-Myers Squibb Co. (BMY) is based on 27 Institutional Analyst Ratings where 37.04% are on Strong Buy, 25.93% on Moderate Buy, 37.04% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 27 Institutional Analysts, majority recommended BMY stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Bristol-Myers Squibb Co..

    Bristol-Myers Squibb Co. (BMY) Stock Price Prediction By Analysts


    HighLowAverage
    $98.70$58.58$73.47
    $73.4715.62% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for BMY set by the institutional analysts is $73.47 where High Estimate is $98.70, Median $73.44 and Low $58.58.

    The average price target for BMY by Institutional Analysts is $73.47, which is 15.62% Upside from the current price. So according to the Institutional Analysts, BMY Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Bristol-Myers Squibb Co. (BMY) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Goldman SachsBuyInitiated
    Wells FargoEqual-WeightInitiated
    BMO CapitalOutperformInitiated
    Argus ResearchHoldDowngraded
    BarclaysEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    BerenbergBuyMaintained
    BarclaysEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightDowngraded
    Truist SecuritiesBuyUpgraded
    MizuhoBuyMaintained
    Societe GeneraleBuyUpgraded
    BernsteinMarket PerformReiterated
    Truist SecuritiesHoldInitiated
    GuggenheimBuyUpgraded
    JP MorganOverweightMaintained
    BerenbergBuyInitiated
    Raymond JamesOutperformMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Raymond JamesOutperformInitiated
    CFRABuyMaintained
    B of A SecuritiesBuyMaintained
    Societe GeneraleHoldDowngraded
    BarclaysEqual-WeightInitiated
    Argus ResearchBuyUpgraded
    Gabelli & Co.BuyInitiated
    UBSNeutralMaintained
    Bank of AmericaNeutralReiterated
    Bank of AmericaNeutralMaintained
    Atlantic EquitiesOverweightUpgraded
    UBSNeutralMaintained
    Goldman SachsBuyInitiated
    Argus ResearchHoldDowngraded
    BarclaysOverweightUpgraded
    BMO CapitalOutperformMaintained
    Bank of AmericaNeutralMaintained
    BMO CapitalOutperformUpgraded
    BMO CapitalMarket PerformMaintained
    Morgan StanleyEqual-WeightMaintained
    BMO CapitalMarket PerformMaintained
    Wolfe ResearchOutperformInitiated
    BMO CapitalMarket PerformMaintained
    CitigroupNeutralDowngraded
    BarclaysEqual-WeightMaintained
    JP MorganOverweightMaintained
    Atlantic EquitiesNeutralUpgraded
    Credit SuisseNeutralMaintained
    BMO CapitalMarket PerformMaintained
    BMO CapitalMarket PerformMaintained
    UBSNeutralDowngraded
    BMO CapitalMarket PerformUpgraded
    BarclaysEqual-WeightMaintained
    BMO CapitalUnderperformMaintained
    Bank of AmericaNeutralMaintained
    Morgan StanleyEqual-WeightDowngraded
    Bank of AmericaNeutralMaintained
    Bank of AmericaNeutralMaintained
    DZ BankHoldDowngraded
    Morgan StanleyOverweightUpgraded
    Leerink SwannOutperformMaintained
    BMO CapitalUnderperformMaintained
    Credit SuisseNeutralMaintained
    Leerink SwannOutperformMaintained
    CitigroupBuyMaintained
    JefferiesHoldDowngraded
    BarclaysEqual-WeightMaintained
    UBSBuyMaintained
    JefferiesBuyMaintained
    Leerink SwannOutperformMaintained
    BMO CapitalUnderperformMaintained
    Deutsche BankHoldMaintained
    BMO CapitalUnderperformDowngraded
    JefferiesBuyUpgraded
    Hilliard LyonsLong-Term BuyUpgraded
    Credit SuisseNeutralMaintained
    CitigroupBuyMaintained
    JefferiesHoldMaintained
    BarclaysEqual-WeightMaintained
    UBSBuyMaintained
    BerenbergHoldDowngraded
    JefferiesHoldMaintained
    Deutsche BankHoldMaintained
    CitigroupBuyMaintained
    Credit SuisseNeutralDowngraded
    Morgan StanleyEqual-WeightDowngraded
    JefferiesHoldMaintained
    JefferiesHoldMaintained
    Credit SuisseOutperformMaintained
    Societe GeneraleSellInitiated
    JefferiesHoldMaintained
    BMO CapitalMarket PerformDowngraded
    BerenbergBuyUpgraded
    JefferiesHoldMaintained
    Atlantic EquitiesUnderweightInitiated
    GuggenheimBuyUpgraded
    BarclaysEqual-WeightMaintained
    UBSBuyUpgraded
    JefferiesHoldMaintained
    PiperJaffrayUpgraded
    JefferiesHoldMaintained
    Leerink SwannOutperformMaintained
    JefferiesHoldMaintained
    PiperJaffrayUnderperformInitiated
    BerenbergHoldInitiated
    Deutsche BankHoldMaintained
    Morgan StanleyOverweightUpgraded
    Leerink SwannOutperformMaintained
    JP MorganOverweightMaintained
    ArgusBuyMaintained
    JefferiesHoldMaintained
    BarclaysEqual-WeightMaintained
    JefferiesHoldMaintained
    JefferiesHoldMaintained
    Morgan StanleyEqual-weightDowngraded
    JP MorganOverweightMaintained
    BMO CapitalOutperformUpgraded
    JefferiesHoldMaintained
    GuggenheimNeutralInitiated
    Deutsche BankHoldInitiated
    JefferiesHoldMaintained
    JefferiesHoldMaintained
    BarclaysEqual-weightDowngraded
    JefferiesHoldMaintained
    William BlairOutperformMaintained
    Leerink SwannOutperformMaintained
    Cowen & Co.OutperformMaintained
    BMO CapitalMarket PerformDowngraded
    BernsteinMarket PerformMaintained
    BarclaysOverweightMaintained
    BMO CapitalOutperformUpgraded
    BarclaysOverweightUpgraded
    Credit SuisseOutperformMaintained
    Morgan StanleyOverweightUpgraded
    Credit SuisseOutperformInitiated
    JP MorganOverweightUpgraded
    BMO CapitalMarket PerformMaintained
    JefferiesHoldDowngraded
    JefferiesBuyMaintained
    SunTrust Robinson HumphreyBuyInitiated
    JefferiesBuyMaintained
    CitigroupBuyUpgraded
    Leerink SwannOutperformUpgraded
    UBSNeutralMaintained
    JefferiesBuyMaintained
    BMO CapitalMarket PerformMaintained
    William BlairOutperformInitiated
    William BlairOutperformInitiated
    Bank of AmericaNeutralDowngraded
    JefferiesBuyMaintained
    UBSNeutralMaintained
    JefferiesBuyMaintained
    Goldman SachsBuyMaintained
    CitigroupNeutralInitiated
    BMO CapitalMarket PerformDowngraded
    Morgan StanleyEqual-WeightMaintained
    Goldman SachsBuyUpgraded
    Bank of AmericaBuyUpgraded
    JefferiesBuyMaintained
    UBSNeutralMaintained
    Leerink SwannMarket PerformDowngraded
    BarclaysEqual-WeightDowngraded
    Morgan StanleyEqual-WeightMaintained
    JefferiesBuyMaintained
    Deutsche BankBuyMaintained
    Bank of AmericaNeutralMaintained
    JP MorganNeutralMaintained
    BMO CapitalOutperformInitiated

    Bristol-Myers Squibb Co. (BMY) Stock Earning Per Share (EPS) Forecast / Estimate


    $2.044
    The average consensus EPS for BMY is $2.044 with a high estimate of $2.341 and Low of $1.784 for the period 2022-03-31 and based on 7 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $2$1.9382021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$1.83812021-12-31
    $2$1.9382021-09-30
    $1.93$1.9052021-06-30
    $1.74$1.83562021-03-31
    $1.46$1.42962020-12-31
    $1.63$1.50952020-09-30
    $1.63$1.49812020-06-30
    $1.72$1.50122020-03-31
    $1.22$0.89132019-12-31
    $1.17$1.08272019-09-30
    $1.18$1.07572019-06-30
    $1.1$1.09812019-03-31
    $0.94$0.85482018-12-31
    $1.09$0.92212018-09-30
    $1.01$0.88272018-06-30
    $0.94$0.85722018-03-31
    $0.68$0.67812017-12-31
    $0.75$0.77972017-09-30
    $0.74$0.74462017-06-30
    $0.84$0.74672017-03-31
    $0.63$0.67232016-12-31
    $0.77$0.65612016-09-30
    $0.69$0.67252016-06-30
    $0.74$0.65212016-03-31
    $0.38$0.28722015-12-31
    $0.39$0.35432015-09-30
    $0.53$0.36642015-06-30
    $0.71$0.51152015-03-31
    $0.46$0.41212014-12-31
    $0.45$0.42192014-09-30
    $0.48$0.44422014-06-30
    $0.46$0.43642014-03-31
    $0.51$0.43512013-12-31
    $0.46$0.44642013-09-30
    $0.44$0.44662013-06-30
    $0.41$0.41812013-03-31
    $0.47$0.43032012-12-31
    $0.41$0.42232012-09-30
    $0.48$0.48842012-06-30
    $0.64$0.63462012-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).