BMEA stock icon

Biomea Fusion
BMEA

$8.71
0.23%

Market Cap: $315M

 

About: Biomea Fusion Inc is a preclinical-stage biopharmaceutical company. It is focused on the discovery, development and commercialization of irreversible small molecule drugs to treat patients with genetically defined cancers. The company's product candidate, BMF-219, is designed to be an orally bioavailable, potent and selective irreversible inhibitor of menin, an important transcriptional regulator known to play a direct role in oncogenic signaling in multiple cancers.

Employees: 112

0
Funds holding %
of 6,710 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

507% more call options, than puts

Call options by funds: $9.21M | Put options by funds: $1.52M

18% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 28

2% more funds holding

Funds holding: 103 [Q1] → 105 (+2) [Q2]

8% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 26

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

23.41% less ownership

Funds ownership: 88.56% [Q1] → 65.15% (-23.41%) [Q2]

78% less capital invested

Capital invested by funds: $473M [Q1] → $105M (-$367M) [Q2]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$15
72%
upside
Avg. target
$19.25
121%
upside
High target
$25
187%
upside

4 analyst ratings

positive
100%
neutral
0%
negative
0%
Capital One
Naureen Quibria
50% 1-year accuracy
2 / 4 met price target
187%upside
$25
Overweight
Initiated
29 Aug 2024
Citigroup
Yigal Nochomovitz
45% 1-year accuracy
17 / 38 met price target
153%upside
$22
Buy
Maintained
27 Aug 2024
HC Wainwright & Co.
Joseph Pantginis
44% 1-year accuracy
92 / 207 met price target
72%upside
$15
Buy
Reiterated
1 Aug 2024
HC Wainwright & Co.
Joseph Pantginis
44% 1-year accuracy
92 / 207 met price target
72%upside
$15
Buy
Reiterated
25 Jun 2024

Financial journalist opinion

Based on 59 articles about BMEA published over the past 30 days