WallStreetZenWallStreetZen

NYSE: BMY
BRISTOL MYERS SQUIBB CO Stock Forecast, Predictions & Price Target

Analyst price target for BMY

Based on 6 analysts offering 12 month price targets for BRISTOL MYERS SQUIBB CO.
Min Forecast
$64.00-15.75%
Avg Forecast
$72.00-5.21%
Max Forecast
$92.00+21.12%

Should I buy or sell BMY stock?

Based on 7 analysts offering ratings for BRISTOL MYERS SQUIBB CO.
Hold
Strong Buy
1 analysts 14.29%
Buy
1 analysts 14.29%
Hold
4 analysts 57.14%
Sell
0 analysts 0%
Strong Sell
1 analysts 14.29%

BMY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Top 17%
84
HoldMaintains$70.00-7.85%2022-05-17
BMO Capital
Bottom 10%
10
BuyMaintains$92.00+21.12%2022-05-02
Anonymous
Morgan Stanley
Strong SellMaintains$63.00-17.06%2022-05-02
Barclays
Bottom 19%
19
HoldMaintains$68.00-10.48%2022-05-02
Morgan Stanley
Top 16%
85
Strong SellDowngrades$64.00-15.75%2022-04-06
Goldman Sachs
Top 23%
78
Strong BuyInitiates Coverage On$72.00-5.21%2021-12-17
Argus Research
Top 24%
77
HoldDowngradesN/AN/A2021-11-01
Morgan Stanley
Bottom 2%
2
HoldMaintains$66.00-13.11%2021-10-12

1 of 1

Forecast return on equity

Is BMY forecast to generate an efficient return?
Company
58.18%
Industry
125.09%
Market
32.71%
BMY's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is BMY forecast to generate an efficient return on assets?
Company
17.83%
Industry
17.56%
BMY is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

BMY earnings per share forecast

What is BMY's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$7.57+166.55%
Avg 2 year Forecast
$8.19+188.38%
Avg 3 year Forecast
$8.28+191.55%
BMY's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

BMY revenue forecast

What is BMY's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$46.3B-1.34%
Avg 2 year Forecast
$48.3B+2.81%
Avg 3 year Forecast
$49.2B+4.83%
BMY's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

BMY earnings growth forecast

How is BMY forecast to perform vs Drug Manufacturers - General companies and vs the US market?
Company
43.56%
Industry
13.59%
Market
15.78%
BMY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
BMY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
BMY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

BMY revenue growth forecast

How is BMY forecast to perform vs Drug Manufacturers - General companies and vs the US market?
Company
1.58%
Industry
1.93%
Market
9.29%
BMY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
BMY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

BMY vs General Drug Manufacturer Stocks

TickerPricePrice TargetUp/downsideConsensus
BMY$75.96$72.00-5.21%Hold
SNY$53.06N/AN/ABuy
AMGN$244.77$239.25-2.26%Buy
NVS$88.65N/AN/ASell
AZN$64.54$75.00+16.21%Hold

BRISTOL MYERS SQUIBB Stock Forecast FAQ

Is BRISTOL MYERS SQUIBB Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: BMY) stock is to Hold BMY stock.

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

What is BMY's earnings growth forecast for 2022-2024?

(NYSE: BMY) BRISTOL MYERS SQUIBB's forecast annual earnings growth rate of 43.56% is forecast to beat the US Drug Manufacturers - General industry's average forecast earnings growth rate of 13.59%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 15.78%.

BRISTOL MYERS SQUIBB's earnings in 2022 is $6,251,000,000.On average, 6 Wall Street analysts forecast BMY's earnings for 2022 to be $16,117,016,531, with the lowest BMY earnings forecast at $15,882,819,462, and the highest BMY earnings forecast at $16,223,469,745. On average, 8 Wall Street analysts forecast BMY's earnings for 2023 to be $17,437,036,379, with the lowest BMY earnings forecast at $16,968,642,240, and the highest BMY earnings forecast at $17,798,977,306.

In 2024, BMY is forecast to generate $17,628,652,164 in earnings, with the lowest earnings forecast at $15,967,982,033 and the highest earnings forecast at $18,969,962,655.

What is BMY's revenue growth forecast for 2022-2024?

(NYSE: BMY) BRISTOL MYERS SQUIBB's forecast annual revenue growth rate of 1.58% is not forecast to beat the US Drug Manufacturers - General industry's average forecast revenue growth rate of 1.93%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.29%.

BRISTOL MYERS SQUIBB's revenue in 2022 is $46,960,000,000.On average, 5 Wall Street analysts forecast BMY's revenue for 2022 to be $98,641,284,991,875, with the lowest BMY revenue forecast at $97,809,681,003,880, and the highest BMY revenue forecast at $99,105,812,750,779. On average, 5 Wall Street analysts forecast BMY's revenue for 2023 to be $102,788,510,575,999, with the lowest BMY revenue forecast at $101,977,920,452,358, and the highest BMY revenue forecast at $104,260,958,651,437.

In 2024, BMY is forecast to generate $104,805,547,743,187 in revenue, with the lowest revenue forecast at $102,089,185,351,160 and the highest revenue forecast at $106,369,924,555,718.

What is BMY's forecast return on assets (ROA) for 2022-2025?

(NYSE: BMY) forecast ROA is 17.83%, which is higher than the forecast US Drug Manufacturers - General industry average of 17.56%.

What is BMY's Price Target?

According to 6 Wall Street analysts that have issued a 1 year BMY price target, the average BMY price target is $72.00, with the highest BMY stock price forecast at $92.00 and the lowest BMY stock price forecast at $64.00.

On average, Wall Street analysts predict that BRISTOL MYERS SQUIBB's share price could fall to $72.00 by May 17, 2023. The average BRISTOL MYERS SQUIBB stock price prediction forecasts a potential downside of 5.21% from the current BMY share price of $75.96.

What is BMY's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: BMY) BRISTOL MYERS SQUIBB's current Earnings Per Share (EPS) is $2.84. On average, analysts forecast that BMY's EPS will be $7.57 for 2022, with the lowest EPS forecast at $7.46, and the highest EPS forecast at $7.62. On average, analysts forecast that BMY's EPS will be $8.19 for 2023, with the lowest EPS forecast at $7.97, and the highest EPS forecast at $8.36. In 2024, BMY's EPS is forecast to hit $8.28 (min: $7.50, max: $8.91).

What is BMY's forecast return on equity (ROE) for 2022-2025?

(NYSE: BMY) forecast ROE is 58.18%, which is considered strong.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.