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Biomea Fusion Inc has a consensus price target of $23.21 based on the ratings of 15 analysts. The high is $60 issued by Oppenheimer on May 30, 2024. The low is $5 issued by Barclays on June 7, 2024. The 3 most-recent analyst ratings were released by Capital One, Citigroup, and HC Wainwright & Co. on August 29, 2024, August 27, 2024, and August 1, 2024, respectively. With an average price target of $20.67 between Capital One, Citigroup, and HC Wainwright & Co., there's an implied 139.20% upside for Biomea Fusion Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Biomea Fusion (NASDAQ:BMEA) was reported by Capital One on August 29, 2024. The analyst firm set a price target for $25.00 expecting BMEA to rise to within 12 months (a possible 189.35% upside). 20 analyst firms have reported ratings in the last year.
The latest analyst rating for Biomea Fusion (NASDAQ:BMEA) was provided by Capital One, and Biomea Fusion initiated their overweight rating.
There is no last upgrade for Biomea Fusion
The last downgrade for Biomea Fusion Inc happened on June 11, 2024 when Truist Securities changed their price target from N/A to N/A for Biomea Fusion Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Biomea Fusion, 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 Biomea Fusion was filed on August 29, 2024 so you should expect the next rating to be made available sometime around August 29, 2025.
While ratings are subjective and will change, the latest Biomea Fusion (BMEA) rating was a initiated with a price target of $0.00 to $25.00. The current price Biomea Fusion (BMEA) is trading at is $8.64, which is within the analyst’s predicted range.
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