
NYSE:BMY
This summary was created by AI, based on 9 opinions in the last 12 months.
Bristol Myers Squibb (BMY-N) has garnered mixed reviews from various experts. Many have noted its attractive dividend and promising drug pipeline, while emphasizing its reasonable valuation and wide economic moat. Recent performance metrics were strong, with earnings per share (EPS) and sales exceeding analyst estimates, leading management to revise revenue projections upwards for 2025. However, concerns have also surfaced regarding the declining sales from its legacy portfolio, with some experts expressing disappointment in the performance of its Cobenfy drug and urging caution. Overall, opinions vary significantly, indicating that investors should weigh both the growth potential and the challenges ahead when considering this stock.
Big on immune oncology and cardio. Technically doesn't look great, but eventually "the train will come along and collect the mail bag". Makes a ton of $$ in NA. Wide moat. Concerns about pipeline, but he thinks it's pretty good. Limited downside. Yield is 4.9%.
Good pricing power. Because products are so specialized, FDA puts them on sort of a fast track.
In the past quarter, They recently bought 3 companies, including Mirati, a small oncology company, and Karuna who may develop a wonder drug to treat schizophrenia. BMY needs to buy companies, because their top 3 drugs face steep patent cliffs, like a blood-clot drug, accounting for over 61% of 2023 (Jan-Sept)'s sales.
Down 23% in the past 6 months. Pays a 5% dividend. Be patient and give the current CEO a chance to turn things around.