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Bristol-Myers Squibb Company (BMY)
NYSE:BMY
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Bristol-Myers Squibb (BMY) Price & Analysis

12,121 Followers

BMY Stock Chart & Stats

$57.54
-$0.43(-0.74%)
At close: 4:00 PM EDT
$57.54
-$0.43(-0.74%)

Bulls Say, Bears Say

Bulls Say
Cash GenerationConsistent, large free cash flow and high conversion versus reported earnings provide durable funding for debt reduction, shareholder returns, and sustained investment in launches. This cash buffer improves resilience through product cycles and funds late‑stage programs without relying on external financing.
Flagship Product StrengthA strong, growing flagship (Eliquis) supplies durable top‑line support and pricing leverage while offsetting legacy declines. Predictable, high‑margin sales from a market‑leading anticoagulant help stabilize revenue and free cash flow over the medium term, aiding reinvestment in growth assets.
Pipeline And Platform MomentumProgress on CELMoD candidates with near‑term regulatory milestones signals durable R&D optionality and potential multi‑product launches. Successful approvals would diversify revenue beyond legacy assets, reinforcing long‑term growth and justifying elevated prelaunch investment and commercial build‑out.
Bears Say
Elevated LeverageMeaningful leverage reduces financial flexibility and amplifies risk if growth slows or launches are delayed. Even with improving trends and strong ROE, higher indebtedness constrains capital allocation, increases vulnerability to adverse shocks, and limits the firm’s optionality for M&A or large additional R&D spend.
Legacy Portfolio ErosionStructural generic erosion in the legacy portfolio creates a lasting revenue headwind and increases reliance on successful commercialization of newer assets. A multi‑billion dollar expected step‑down forces heavier dependence on launches and pipeline timing to sustain overall revenue and margin levels.
Clinical Timing UncertaintyDelays in event‑driven readouts and slowed enrollment (milvexian, ADEPT) create durable uncertainty around when new approvals or label expansions will materialize. This compresses visibility on future revenue streams and can force prolonged prelaunch spending without near‑term returns, stressing planning.

Bristol-Myers Squibb News

BMY FAQ

What was Bristol-Myers Squibb Company’s price range in the past 12 months?
Bristol-Myers Squibb Company lowest stock price was $42.52 and its highest was $65.66 in the past 12 months.
    What is Bristol-Myers Squibb Company’s market cap?
    Bristol-Myers Squibb Company’s market cap is $128.85B.
      When is Bristol-Myers Squibb Company’s upcoming earnings report date?
      Bristol-Myers Squibb Company’s upcoming earnings report date is Oct 29, 2026 which is in 89 days.
        How were Bristol-Myers Squibb Company’s earnings last quarter?
        Bristol-Myers Squibb Company released its earnings results on Jul 30, 2026. The company reported $2.04 earnings per share for the quarter, beating the consensus estimate of $1.597 by $0.443.
          Is Bristol-Myers Squibb Company overvalued?
          According to Wall Street analysts Bristol-Myers Squibb Company’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Bristol-Myers Squibb Company pay dividends?
            Bristol-Myers Squibb Company pays a Quarterly dividend of $0.63 which represents an annual dividend yield of 3.87%. See more information on Bristol-Myers Squibb Company dividends here
              What is Bristol-Myers Squibb Company’s EPS estimate?
              Bristol-Myers Squibb Company’s EPS estimate is 1.7.
                How many shares outstanding does Bristol-Myers Squibb Company have?
                Bristol-Myers Squibb Company has 2,042,071,300 shares outstanding.
                  What happened to Bristol-Myers Squibb Company’s price movement after its last earnings report?
                  Bristol-Myers Squibb Company reported an EPS of $2.04 in its last earnings report, beating expectations of $1.597. Following the earnings report the stock price went up 2.789%.
                    Which hedge fund is a major shareholder of Bristol-Myers Squibb Company?
                    Currently, no hedge funds are holding shares in BMY
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Bristol-Myers Squibb Company

                      Bristol-Myers Squibb Company operates as a global biopharmaceutical entity, actively involved in the research, development, licensing, production, and worldwide commercialization of its medicinal portfolio. The company's therapeutic areas span hematology, oncology, cardiovascular health, immunology, fibrotic conditions, neuroscience, and infectious diseases like COVID-19. Its significant pharmaceutical offerings include Revlimid, an oral immunomodulatory agent for multiple myeloma, and Eliquis, an oral anticoagulant crucial for reducing stroke risk and systemic embolism in non-valvular atrial fibrillation, as well as treating deep vein thrombosis and pulmonary embolism. The portfolio also features Opdivo, utilized across various anti-cancer indications; Pomalyst/Imnovid, prescribed for multiple myeloma patients; and Orencia, targeting active rheumatoid arthritis and psoriatic arthritis in adults. Other key therapies are Sprycel, employed in the management of Philadelphia chromosome-positive chronic myeloid leukemia; Yervoy, indicated for patients with unresectable or metastatic melanoma; and Abraxane, a protein-bound chemotherapy formulation. Furthermore, Bristol-Myers Squibb offers Reblozyl, addressing anemia in adult patients with beta thalassemia; Empliciti, another treatment option for multiple myeloma; and Zeposia, designed to treat relapsing forms of multiple sclerosis. Revolutionary treatments like Breyanzi, a CD19-directed genetically modified autologous T cell immunotherapy for adult patients battling relapsed or refractory large B-cell lymphoma, are also part of its lineup. Completing its product range are Inrebic, an oral kinase inhibitor specifically for adult myelofibrosis, and Onureg, used in the treatment of adult patients with acute myeloid leukemia (AML). Bristol-Myers Squibb distributes its pharmaceutical products through a diverse network encompassing wholesalers, distributors, pharmacies, retail outlets, hospitals, clinics, and governmental organizations. Founded in 1887 and formerly known as Bristol-Myers Company, the firm maintains its headquarters in New York, New York.

                      Bristol-Myers Squibb (BMY) Earnings & Revenues

                      BMY Company Deck

                      BMY Earnings Call

                      Q2 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call presented a predominantly positive commercial and pipeline narrative: solid top-line growth (+5% revenue, growth portfolio +14%), multiple high-growth products (several >20% and one >80%), raised full-year guidance, strong cash generation and balance sheet, and meaningful pipeline and regulatory milestones (multiple PDUFAs, pivotal readouts upcoming). Key risks include timing delays for event-driven trials (milvexian and parts of the ADEPT program), legacy portfolio pressure from generics, an Opdivo revenue decline, and the need for improved Cobenfy dosing optimization. On balance, the highlights—strong current commercial execution, upgraded guidance, and significant pipeline/launch potential—outweigh the operational and timing challenges described.View all BMY earnings summaries

                      BMY Revenue Breakdown

                      54.80%54.80%45.20%
                      54.80% Growth Portfolio
                      45.20% Legacy Portfolio
                      tipranks

                      BMY Stock 12 Month Forecast

                      Average Price Target

                      $65.37
                      ▲(13.61% Upside)
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 8,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 38, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 4</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":42.204,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 12,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 39, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 4</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":45.019,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n        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style=\"color:#828080\">Hold 37, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 5</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":54.702,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 24,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 33, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 4</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":61.015,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 16,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 27, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":60.417,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 13,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 27, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":57.57,"date":1777593600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 30, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      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                      Ownership Overview

                      0.03%18.67%2.66%50.93%
                      2.66% Other Institutional Investors
                      50.93% Public Companies and Individual Investors
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