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Blueprint Medicines
BPMC

$86.43
5.45%

Market Cap: $5.41B

 

About: Blueprint Medicines Corp is a biopharmaceutical company. It is focused on improving the lives of patients with diseases driven by abnormal kinase activation. The company has developed a small molecule drug pipeline in cancer and a rare genetic disease. Its drug candidates includes AYVAKIT for the treatment of systemic mastocytosis, BLU-808 a potential treatment for mast cell disorders, including chronic urticaria, sleep disruption and other related diseases. It also has other drugs in its pipeline such as BLU-956, BLU-222 for treatment of breast cancer.

Employees: 655

0
Funds holding %
of 6,686 funds
0
Analysts bullish %
of 8 analysts

Fund manager confidence

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

167% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 8 (+5) [Q2]

105% more call options, than puts

Call options by funds: $287M | Put options by funds: $140M

96% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 26

14% more repeat investments, than reductions

Existing positions increased: 113 | Existing positions reduced: 99

14% more capital invested

Capital invested by funds: $6.27B [Q1] → $7.13B (+$856M) [Q2]

9% more funds holding

Funds holding: 276 [Q1] → 301 (+25) [Q2]

2.41% less ownership

Funds ownership: 108.05% [Q1] → 105.63% (-2.41%) [Q2]

Research analyst outlook

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

Low target
$105
21%
upside
Avg. target
$125
45%
upside
High target
$138
60%
upside

8 analyst ratings

positive
75%
neutral
25%
negative
0%
Needham
Ami Fadia
55% 1-year accuracy
70 / 128 met price target
54%upside
$133
Buy
Maintained
5 Aug 2024
Guggenheim
Michael Schmitz
33% 1-year accuracy
1 / 3 met price target
60%upside
$138
Buy
Maintained
2 Aug 2024
Baird
Joel Beatty
51% 1-year accuracy
18 / 35 met price target
47%upside
$127
Outperform
Maintained
2 Aug 2024
Needham
Ami Fadia
55% 1-year accuracy
70 / 128 met price target
50%upside
$130
Buy
Reiterated
1 Aug 2024
Barclays
Peter Lawson
29% 1-year accuracy
8 / 28 met price target
21%upside
$105
Equal-Weight
Maintained
29 Jul 2024

Financial journalist opinion

Based on 33 articles about BPMC published over the past 30 days