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Biomarin Pharmaceutical

BMRNNASDAQ
Logo brought to you by Benzinga Data
$70.69
-0.72-1.01%
At Close: -
$70.69
00.00%
After Hours: 4:39 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$140.00
Lowest Price Target1
$70.00
Consensus Price Target1
$104.08

Biomarin Pharmaceutical (NASDAQ:BMRN) Stock, Analyst Ratings, Price Targets, Forecasts

Biomarin Pharmaceutical Inc has a consensus price target of $104.08 based on the ratings of 28 analysts. The high is $140 issued by Truist Securities on September 25, 2023. The low is $70 issued by Wedbush on August 1, 2023. The 3 most-recent analyst ratings were released by Scotiabank, Truist Securities, and Wells Fargo on September 17, 2024, respectively. With an average price target of $86 between Scotiabank, Truist Securities, and Wells Fargo, there's an implied 21.66% upside for Biomarin Pharmaceutical Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jun
1
Jul
5
Aug
5
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Scotiabank
Truist Securities
Wells Fargo
RBC Capital
B of A Securities

1calculated from analyst ratings

Analyst Ratings for Biomarin Pharmaceutical

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Biomarin Pharmaceutical (BMRN) stock?

A

The latest price target for Biomarin Pharmaceutical (NASDAQ:BMRN) was reported by Scotiabank on September 17, 2024. The analyst firm set a price target for $78.00 expecting BMRN to rise to within 12 months (a possible 10.34% upside). 51 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Biomarin Pharmaceutical (BMRN)?

A

The latest analyst rating for Biomarin Pharmaceutical (NASDAQ:BMRN) was provided by Scotiabank, and Biomarin Pharmaceutical maintained their sector perform rating.

Q

When was the last upgrade for Biomarin Pharmaceutical (BMRN)?

A

The last upgrade for Biomarin Pharmaceutical Inc happened on August 20, 2024 when Bernstein raised their price target to $110. Bernstein previously had a market perform for Biomarin Pharmaceutical Inc.

Q

When was the last downgrade for Biomarin Pharmaceutical (BMRN)?

A

The last downgrade for Biomarin Pharmaceutical Inc happened on May 17, 2024 when Baird changed their price target from $104 to $72 for Biomarin Pharmaceutical Inc.

Q

When is the next analyst rating going to be posted or updated for Biomarin Pharmaceutical (BMRN)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Biomarin Pharmaceutical, 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 Biomarin Pharmaceutical was filed on September 17, 2024 so you should expect the next rating to be made available sometime around September 17, 2025.

Q

Is the Analyst Rating Biomarin Pharmaceutical (BMRN) correct?

A

While ratings are subjective and will change, the latest Biomarin Pharmaceutical (BMRN) rating was a maintained with a price target of $95.00 to $78.00. The current price Biomarin Pharmaceutical (BMRN) is trading at is $70.69, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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