Bristol-Myers Squibb (BMY) Poised for Upside With Registrational Data Ahead

1 day ago 3

Sheryar Siddiq

Tue, February 3, 2026 astatine 4:12 AM CST 1 min read

Bristol-Myers Squibb Company (NYSE:BMY) ranks among the stocks with the lowest guardant PE ratios. Leerink Partners boosted its terms people for Bristol-Myers Squibb Company (NYSE:BMY) to $60 from $54 connected January 13, maintaining an Outperform standing connected the company’s shares. The steadfast cited important pipeline flexibility successful 2026 arsenic the cardinal justification for the higher target.

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Leerink decreased its fourth-quarter 2025 net per stock forecast by 29%, from $1.65 to $1.19, citing expected IPR&D expenses of $1,393 cardinal and licensing income of $222 million.

Moreover, Bristol-Myers Squibb Company (NYSE:BMY) presented a summary of its portfolio readings astatine a league connected January 12, noting 12 registrational information readings from 8 assets expected this year, with the bulk representing important advancement potential. Leerink believes investors are present greatly discounting astir pipeline candidates, suggesting immense upside imaginable if objective proceedings findings are favorable.

Bristol-Myers Squibb Company (NYSE:BMY) is simply a planetary biopharmaceutical institution focused connected discovering, developing, and delivering medicines for patients with superior diseases, including cancer, humor disorders, immune conditions, cardiovascular disease, and neurological disorders.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.


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