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Beam Therapeutics

BEAMNASDAQ
Logo brought to you by Benzinga Data
$33.14
0.973.02%
At Close: -
$33.14
00.00%
After Hours: 4:46 PM EDT
15 minutes delayed
Consensus Rating1
Outperform
Highest Price Target1
$130.00
Lowest Price Target1
$30.00
Consensus Price Target1
$60.25

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Beam Therapeutics (NASDAQ:BEAM) Stock, Analyst Ratings, Price Targets, Forecasts

Beam Therapeutics Inc has a consensus price target of $60.25 based on the ratings of 16 analysts. The high is $130 issued by Guggenheim on January 5, 2022. The low is $30 issued by Jefferies on December 8, 2023. The 3 most-recent analyst ratings were released by HC Wainwright & Co., Barclays, and Wedbush on July 23, 2024, May 8, 2024, and April 23, 2024, respectively. With an average price target of $56.67 between HC Wainwright & Co., Barclays, and Wedbush, there's an implied 70.99% upside for Beam Therapeutics Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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Mar
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Apr
1
May
0
0
0
0
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
Barclays
Wedbush
BMO Capital
RBC Capital

1calculated from analyst ratings

Analyst Ratings for Beam Therapeutics

Buy NowGet Alert
07/23/2024Buy Now141.4%HC Wainwright & Co.
Patrick Trucchio
→ $80Initiates → BuyGet Alert
05/08/2024Buy Now-0.42%Barclays
Gena Wang
$42 → $33MaintainsEqual-WeightGet Alert
04/23/2024Buy Now72%Wedbush
David Nierengarten
→ $57ReiteratesOutperform → OutperformGet Alert
03/27/2024Buy Now72%BMO Capital
Kostas Biliouris
→ $57MaintainsOutperformGet Alert
02/28/2024Buy Now26.74%Barclays
Gena Wang
$26 → $42MaintainsEqual-WeightGet Alert
02/28/2024Buy Now5.61%RBC Capital
Luca Issi
$27 → $35MaintainsSector PerformGet Alert
01/29/2024Buy Now20.7%JP Morgan
Eric Joseph
$38 → $40UpgradeNeutral → OverweightGet Alert
12/15/2023Buy Now5.61%B of A Securities
Greg Harrison
→ $35DowngradeBuy → NeutralGet Alert
12/08/2023Buy Now-9.47%Jefferies
Michael Yee
$75 → $30DowngradeBuy → HoldGet Alert
10/17/2023Buy Now-3.44%Cantor Fitzgerald
Rick Bienkowski
$56 → $32MaintainsOverweightGet Alert
09/13/2023Buy Now68.98%Cantor Fitzgerald
Rick Bienkowski
→ $56ReiteratesOverweight → OverweightGet Alert
08/29/2023Buy Now68.98%Cantor Fitzgerald
Rick Bienkowski
→ $56ReiteratesOverweight → OverweightGet Alert
08/09/2023Buy Now5.61%Barclays
Gena Wang
$41 → $35MaintainsEqual-WeightGet Alert
08/09/2023Buy Now41.82%Credit Suisse
Richard Law
$46 → $47MaintainsNeutralGet Alert
08/09/2023Buy Now68.98%Citigroup
Samantha Semenkow
$60 → $56MaintainsBuyGet Alert
05/11/2023Buy Now26.74%RBC Capital
Luca Issi
$50 → $42MaintainsSector PerformGet Alert
05/11/2023Buy Now23.72%Barclays
Gena Wang
$45 → $41MaintainsEqual-WeightGet Alert
05/11/2023Buy Now81.05%Citigroup
Samantha Semenkow
$62 → $60MaintainsBuyGet Alert
03/21/2023Buy Now11.65%Bernstein
William Pickering
→ $37Initiates → Market PerformGet Alert
03/01/2023Buy Now216.84%Wells Fargo
Yanan Zhu
$125 → $105MaintainsOverweightGet Alert
02/01/2023Buy Now87.09%Cantor Fitzgerald
Rick Bienkowski
→ $62Initiates → OverweightGet Alert
01/23/2023Buy Now132.35%SVB Leerink
Mani Foroohar
$81 → $77MaintainsOutperformGet Alert
12/20/2022Buy Now99.16%BMO Capital
Kostas Biliouris
$61 → $66UpgradeMarket Perform → OutperformGet Alert
12/13/2022Buy Now87.09%Citigroup
Samantha Semenkow
→ $62Initiates → BuyGet Alert
11/08/2022Buy Now59.93%Credit Suisse
Richard Law
$65 → $53MaintainsNeutralGet Alert
11/07/2022Buy Now144.42%SVB Leerink
Mani Foroohar
$82 → $81MaintainsOutperformGet Alert
08/10/2022Buy Now81.05%Barclays
Gena Wang
$38 → $60MaintainsEqual-WeightGet Alert
08/10/2022Buy Now240.98%SVB Leerink
Rick Bienkowski
$118 → $113MaintainsOutperformGet Alert
06/17/2022Buy Now23.72%BMO Capital
Kostas Biliouris
→ $41Initiates → Market PerformGet Alert
05/09/2022Buy Now265.12%SVB Leerink
Rick Bienkowski
$118 → $121MaintainsOutperformGet Alert
04/28/2022Buy Now87.09%Credit Suisse
Richard Law
→ $62Initiates → NeutralGet Alert
01/10/2022Buy Now265.12%SVB Leerink
Rick Bienkowski
$116 → $121MaintainsOutperformGet Alert
01/05/2022Buy Now292.28%Guggenheim
Debjit Chattopadhyay
→ $130Initiates → BuyGet Alert
11/09/2021Buy Now250.03%SVB Leerink
Rick Bienkowski
MaintainsOutperformGet Alert
10/19/2021Buy Now253.05%SVB Leerink
Rick Bienkowski
Initiates → OutperformGet Alert
09/10/2021Buy Now352.63%B of A Securities
Greg Harrison
Initiates → BuyGet Alert

FAQ

Q

What is the target price for Beam Therapeutics (BEAM) stock?

A

The latest price target for Beam Therapeutics (NASDAQ:BEAM) was reported by HC Wainwright & Co. on July 23, 2024. The analyst firm set a price target for $80.00 expecting BEAM to rise to within 12 months (a possible 141.40% upside). 15 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Beam Therapeutics (BEAM)?

A

The latest analyst rating for Beam Therapeutics (NASDAQ:BEAM) was provided by HC Wainwright & Co., and Beam Therapeutics initiated their buy rating.

Q

When was the last upgrade for Beam Therapeutics (BEAM)?

A

The last upgrade for Beam Therapeutics Inc happened on January 29, 2024 when JP Morgan raised their price target to $40. JP Morgan previously had a neutral for Beam Therapeutics Inc.

Q

When was the last downgrade for Beam Therapeutics (BEAM)?

A

The last downgrade for Beam Therapeutics Inc happened on December 15, 2023 when B of A Securities changed their price target from N/A to $35 for Beam Therapeutics Inc.

Q

When is the next analyst rating going to be posted or updated for Beam Therapeutics (BEAM)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Beam Therapeutics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Beam Therapeutics was filed on July 23, 2024 so you should expect the next rating to be made available sometime around July 23, 2025.

Q

Is the Analyst Rating Beam Therapeutics (BEAM) correct?

A

While ratings are subjective and will change, the latest Beam Therapeutics (BEAM) rating was a initiated with a price target of $0.00 to $80.00. The current price Beam Therapeutics (BEAM) is trading at is $33.14, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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