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Investor Insights

This summary was created by AI, based on 19 opinions in the last 12 months.

Overall, the experts have mixed opinions on Bristol Myers Squibb. Some believe that the company has potential for growth, especially with recent FDA approvals and new acquisitions. On the other hand, there are concerns about patent cliffs, debt, and slow turnaround. The dividend yield is attractive, but there are doubts about the company's ability to compete with other pharma giants. Investors are advised to be patient and cautious, considering the company's performance in the past and the current market conditions.

Consensus
Mixed
Valuation
Fair Value
DON'T BUY

It often pops with a new drug but he doesn't like the sector. Pharma companies have not been good to invest in over the past year. He prefers companies with a medical devices component.

biotechnology / pharmaceutical
BUY

Recently bought on technicals. Pretty decent dividend. Sees growth coming back.

biotechnology / pharmaceutical
PAST TOP PICK
(A Top Pick Jan 18/24, Up 9%)

Was a laggard in the space, which you don't want to chase in and of itself. Often you want to buy strength, best in breed. If you look at the dip in the chart right after he bought, it shows you the danger of going down the food chain in a sector that's doing quite well.

He's holding on and would buy today.

biotechnology / pharmaceutical
BUY

Pays a yield of 4.55% higher than a 10-year treasury note, earnings growth is outsized and is cheaper than the S&P aggregate (under 21x 2025 PE) at 7.6x. They're paying a big charge this year and so are taking a big earnings hit. They projects over 800% earnings growth in 2025. They can deliver on their long-term turnaround plan, but it will take time. But their cancer franchise fell behind Merck's, and $74 billion buy of Celgene wasn't worth it. Also, they face patent cliffs on some of their big drugs. But the new CEO has bought 3 companies, including 2 biotechs focused on cancer drugs. Shares are up 27% this year. They received approval for their key schizophrenia drug, among other approvals. They have enough quality drugs in the pipeline.

biotechnology / pharmaceutical
BUY
Their Cobenfy drug got FDA approval

BMY paid nearly $13 billion to buy the company that was developing Cobenfy. This could could help BMY get the patent cliffs of their other drugs in a few years.

biotechnology / pharmaceutical
WATCH

Credit them for being a company which led to the schizophrenia drug, which the FDA just approved. BMY has been unloved, selling before 8x PE at a 4% dividend. Puzzling, but shares will certainly rise. He sold it last year and may re-enter it.

biotechnology / pharmaceutical
BUY

Pays over a 5% dividend. Was the top pharma, but slipped. Their purchase of Celgene disappointed while revenue growth has been negative. Earnings shrunk last year. But he likes the new CEO and him buying 3 companies in onocology and neuroscience, both growth areas. Also, there have been cost cuts. Be patient though. They reported a clean top and bottom line beat last week and issued very strong guidance. Trades at a cheap 7x 2025 PE.

biotechnology / pharmaceutical
BUY

It just raised its forecast, released better numbers than expected and revealed a slew of new, promising drugs. Shares have jumped. The new CEO knocked out of the park the latest numbers, instead of missing numbers as so often before.

biotechnology / pharmaceutical
WEAK BUY

They just reported a Q2 beat. It hasn't performed well, but is finally rebounding a little. Their product pipeline will be good for the next few years.

biotechnology / pharmaceutical
DON'T BUY

His whole mantra is to buy good companies that are getting better. He wants to have a strong fundamental view, and he wants the market to show that it's agreeing with him -- he doesn't want to be alone in the woods in a good market, not participating.

Problem is a fair bit of debt, low growth. In a market like this, you only need 20 companies to get a broadly diversified portfolio. Don't need to take on the risk of this one. Avoid.

biotechnology / pharmaceutical
DON'T BUY

It will need a lot of time to turn around. It hit bottom when it touched a 5.75% dividend yield. You won't see good news here until 2029 or 2030.

biotechnology / pharmaceutical
SELL

Dow 7% in May. Lots of struggle in the healthcare space. Will sell.

biotechnology / pharmaceutical
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Dec 12/23, Down 13%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with BMY has triggered its stop at $44.  To remain disciplined, we recommend covering the position at this time.  

biotechnology / pharmaceutical
DON'T BUY
A good AI play in pharma?

The market lacks patience for them to get into AI, though he disagrees and the dividend is good.

biotechnology / pharmaceutical
WEAK BUY

A lot of their big drugs are coming off patent, and they will need 5 years to turn around. Meanwhile, collect the 5% dividend as you wait. Be patient. He prefers Eli Lilly.

biotechnology / pharmaceutical
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Bristol Myers Squibb(BMY-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 9

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 14

Stockchase rating for Bristol Myers Squibb is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Bristol Myers Squibb(BMY-N) Frequently Asked Questions

What is Bristol Myers Squibb stock symbol?

Bristol Myers Squibb is a American stock, trading under the symbol BMY-N on the New York Stock Exchange (BMY). It is usually referred to as NYSE:BMY or BMY-N

Is Bristol Myers Squibb a buy or a sell?

In the last year, 14 stock analysts published opinions about BMY-N. 9 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Bristol Myers Squibb.

Is Bristol Myers Squibb a good investment or a top pick?

Bristol Myers Squibb was recommended as a Top Pick by on . Read the latest stock experts ratings for Bristol Myers Squibb.

Why is Bristol Myers Squibb stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Bristol Myers Squibb worth watching?

14 stock analysts on Stockchase covered Bristol Myers Squibb In the last year. It is a trending stock that is worth watching.

What is Bristol Myers Squibb stock price?

On 2024-12-13, Bristol Myers Squibb (BMY-N) stock closed at a price of $55.25.