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NASDAQ: BEAM
Beam Therapeutics Inc Stock Forecast, Predictions & Price Target

Analyst price target for BEAM

Based on 7 analysts offering 12 month price targets for Beam Therapeutics Inc.
Min Forecast
$30.00+38.89%
Avg Forecast
$42.29+95.77%
Max Forecast
$57.00+163.89%

Should I buy or sell BEAM stock?

Based on 7 analysts offering ratings for Beam Therapeutics Inc.
Buy
Strong Buy
1 analysts 14.29%
Buy
2 analysts 28.57%
Hold
4 analysts 57.14%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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BEAM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-23
lockedlocked$00.00+00.00%2024-03-27
lockedlocked$00.00+00.00%2024-02-28
lockedlocked$00.00+00.00%2024-02-28
lockedlocked$00.00+00.00%2024-01-29
Bank of America
Top 14%
87
HoldDowngrades$35.00+62.04%2023-12-15
Jefferies
Top 16%
85
HoldDowngrades$30.00+38.89%2023-12-08

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Forecast return on equity

Is BEAM forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.16%

Forecast return on assets

Is BEAM forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

BEAM revenue forecast

What is BEAM's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$62.2M-83.52%
Avg 2 year Forecast
$59.1M-84.36%
Avg 3 year Forecast
$40.4M-89.3%
BEAM's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

BEAM revenue growth forecast

How is BEAM forecast to perform vs Biotechnology companies and vs the US market?
Company
-50.54%
Industry
37.04%
Market
9.92%
BEAM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
BEAM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

BEAM vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
BEAM$21.60$42.29+95.77%Buy
AGIO$31.67$33.33+5.25%Hold
SNDX$20.57$35.80+74.04%Strong Buy
CPRX$14.68$27.40+86.65%Strong Buy
FUSN$21.40$20.25-5.37%Hold

Beam Therapeutics Stock Forecast FAQ

Is Beam Therapeutics Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: BEAM) stock is to Buy BEAM stock.

Out of 7 analysts, 1 (14.29%) are recommending BEAM as a Strong Buy, 2 (28.57%) are recommending BEAM as a Buy, 4 (57.14%) are recommending BEAM as a Hold, 0 (0%) are recommending BEAM as a Sell, and 0 (0%) are recommending BEAM as a Strong Sell.

If you're new to stock investing, here's how to buy Beam Therapeutics stock.

What is BEAM's revenue growth forecast for 2024-2026?

(NASDAQ: BEAM) Beam Therapeutics's forecast annual revenue growth rate of -50.54% is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 37.04%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.92%.

Beam Therapeutics's revenue in 2024 is $377,709,000.On average, 6 Wall Street analysts forecast BEAM's revenue for 2024 to be $5,082,621,093, with the lowest BEAM revenue forecast at $1,633,154,280, and the highest BEAM revenue forecast at $8,165,771,400. On average, 5 Wall Street analysts forecast BEAM's revenue for 2025 to be $4,825,317,636, with the lowest BEAM revenue forecast at $1,633,154,280, and the highest BEAM revenue forecast at $6,570,179,668.

In 2026, BEAM is forecast to generate $3,300,196,511 in revenue, with the lowest revenue forecast at $30,213,354 and the highest revenue forecast at $6,570,179,668.

What is BEAM's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: BEAM) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of N/A.

What is BEAM's Price Target?

According to 7 Wall Street analysts that have issued a 1 year BEAM price target, the average BEAM price target is $42.29, with the highest BEAM stock price forecast at $57.00 and the lowest BEAM stock price forecast at $30.00.

On average, Wall Street analysts predict that Beam Therapeutics's share price could reach $42.29 by Apr 23, 2025. The average Beam Therapeutics stock price prediction forecasts a potential upside of 95.77% from the current BEAM share price of $21.60.

What is BEAM's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: BEAM) forecast ROE is N/A, which is considered weak.
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