BEAM icon

Beam Therapeutics

19.13 USD
+0.89
4.88%
At close Apr 22, 4:00 PM EDT
Pre-market
19.08
-0.05
0.26%
1 day
4.88%
5 days
13.94%
1 month
-20.32%
3 months
-27.51%
6 months
-15.88%
Year to date
-22.55%
1 year
-20.62%
5 years
14.83%
10 years
2.03%
 

About: Beam Therapeutics Inc is a biotechnology company committed to creating a new class of precision genetic medicines based on its proprietary base editing technology, with a vision of providing lifelong cures to patients suffering from serious diseases. The company is focused on its programs in the hematology and genetic disease portfolios, which comprise different product candidates in its pipeline, such as BEAM-101, which is being developed to target Sickle Cell Disease, BEAM-302, a liver-targeting lipid nanoparticle, being developed to target Alpha-1 antitrypsin deficiency, and other drug candidates including BEAM-302, BEAM-103 & 104. The company views its operations and manages its business in one operating segment, operating exclusively in the United States.

Employees: 483

0
Funds holding %
of 7,419 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

81% more call options, than puts

Call options by funds: $6.97M | Put options by funds: $3.86M

65% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 23

28% more repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 64

5% more funds holding

Funds holding: 220 [Q3] → 231 (+11) [Q4]

2.48% more ownership

Funds ownership: 95.88% [Q3] → 98.36% (+2.48%) [Q4]

4% more capital invested

Capital invested by funds: $1.94B [Q3] → $2.02B (+$85.8M) [Q4]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]

Research analyst outlook

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

Low target
$26
36%
upside
Avg. target
$50
161%
upside
High target
$80
318%
upside

6 analyst ratings

positive
83%
neutral
17%
negative
0%
HC Wainwright & Co.
Patrick Trucchio
14% 1-year accuracy
26 / 187 met price target
318%upside
$80
Buy
Reiterated
7 Apr 2025
B of A Securities
Alec Stranahan
0% 1-year accuracy
0 / 8 met price target
120%upside
$42
Buy
Upgraded
28 Mar 2025
Scotiabank
Greg Harrison
24% 1-year accuracy
10 / 41 met price target
109%upside
$40
Sector Outperform
Upgraded
10 Mar 2025
Jones Trading
Soumit Roy
15% 1-year accuracy
2 / 13 met price target
78%upside
$34
Buy
Upgraded
10 Mar 2025
Guggenheim
Debjit Chattopadhyay
17% 1-year accuracy
4 / 23 met price target
308%upside
$78
Buy
Reiterated
27 Feb 2025

Financial journalist opinion

Based on 5 articles about BEAM published over the past 30 days

Neutral
GlobeNewsWire
2 weeks ago
Beam Therapeutics Presents Additional Data for BEAM-302 in Alpha-1 Antitrypsin Deficiency (AATD) at 2025 Alpha-1 Foundation 7th Global Research Conference and 10th Patient Congress
New Data Demonstrate Proportion of Corrected M-AAT Reached a Mean of 91% of Total AAT in Circulation at Day 28 Following BEAM-302 Treatment in 60 mg Cohort (n=3)
Beam Therapeutics Presents Additional Data for BEAM-302 in Alpha-1 Antitrypsin Deficiency (AATD) at 2025 Alpha-1 Foundation 7th Global Research Conference and 10th Patient Congress
Positive
Schaeffers Research
3 weeks ago
Power Ranking Our Top Stock Picks of 2025
Subscribers to  Chart of the Week  received this commentary on Sunday, March 30.
Power Ranking Our Top Stock Picks of 2025
Negative
Invezz
3 weeks ago
Biotech stocks plunge as FDA's Peter Marks resigns over RFK Jr. dispute, Moderna and Beam Therapeutics hit hard
Biotech investors are grappling with fresh uncertainty following the abrupt resignation of Dr. Peter Marks, a key figure in the US Food and Drug Administration.
Biotech stocks plunge as FDA's Peter Marks resigns over RFK Jr. dispute, Moderna and Beam Therapeutics hit hard
Neutral
Zacks Investment Research
3 weeks ago
BEAM's IND for BEAM-302 in Genetic Disorder Study Gets FDA Clearance
The FDA clears Beam Therapeutics' investigational new drug application for BEAM-302 for the treatment of alpha-1 antitrypsin deficiency in the United States.
BEAM's IND for BEAM-302 in Genetic Disorder Study Gets FDA Clearance
Neutral
GlobeNewsWire
3 weeks ago
Beam Therapeutics Announces Clearance of Investigational New Drug Application for BEAM-302 for the Treatment of Alpha-1 Antitrypsin Deficiency (AATD) by the United States (U.S.) Food and Drug Administration
U.S. IND Represents Regulatory Clearance For BEAM-302 Spanning Six Countries and Second Open IND for a Beam In Vivo Base Editing Program in the U.S.
Beam Therapeutics Announces Clearance of Investigational New Drug Application for BEAM-302 for the Treatment of Alpha-1 Antitrypsin Deficiency (AATD) by the United States (U.S.) Food and Drug Administration
Neutral
Seeking Alpha
1 month ago
Upgrading Beam Therapeutics: Promising BEAM-302 Data Opens Door For Durable Gene Therapy
Recently, BEAM reported promising Phase 1/2 data for BEAM-302, demonstrating durable gene correction for AATD. Unfortunately, they concurrently announced a $500 million equity offering, which may have caused concerns about near-term dilution. Still, BEAM-302 has innovative in vivo base editing technology that could potentially offer a one-time curative therapy for patients suffering from AATD.
Upgrading Beam Therapeutics: Promising BEAM-302 Data Opens Door For Durable Gene Therapy
Negative
Schaeffers Research
1 month ago
3 Gene Therapy Stocks to Watch Amid Industry Turmoil
Sarepta Therapeutics Inc (NASDAQ:SRPT) is down 23.2% to trade at $77.86 at last check, and earlier hit a 52-week low of $75.06.
3 Gene Therapy Stocks to Watch Amid Industry Turmoil
Positive
Zacks Investment Research
1 month ago
BEAM Down Despite Positive Initial Data From Genetic Disorder Study
Beam Therapeutics posts positive initial data from a phase I/II study investigating BEAM-302 for treating alpha-1 antitrypsin deficiency.
BEAM Down Despite Positive Initial Data From Genetic Disorder Study
Positive
Benzinga
1 month ago
Gene Edit Biotech Beam Therapeutics Touts Encouraging Data From Early-Stage Gene Therapy Study In Genetic Disorder, Raises $500 Million Via Equity
On Monday, Beam Therapeutics Inc. BEAM announced initial safety and efficacy data from its Phase 1/2 trial of BEAM-302, establishing clinical proof-of-concept as a potential treatment for alpha-1 antitrypsin deficiency (AATD) and for in vivo base editing.
Gene Edit Biotech Beam Therapeutics Touts Encouraging Data From Early-Stage Gene Therapy Study In Genetic Disorder, Raises $500 Million Via Equity
Neutral
GlobeNewsWire
1 month ago
Beam Therapeutics Announces Pricing of Underwritten Offering
CAMBRIDGE, Mass., March 10, 2025 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today announced the pricing of an underwritten offering of 16,151,686 shares of its common stock at an offering price of $28.48 per share, and, in lieu of common stock to certain investors, pre-funded warrants to purchase 1,404,988 shares of common stock at an offering price of $28.47 per pre-funded warrant, before deducting underwriter discounts and commissions and estimated offering expenses. Each pre-funded warrant will have an exercise price of $0.01 per share, will be exercisable immediately and will be exercisable until exercised in full. Gross proceeds from the offering are expected to be approximately $500.0 million. All of the securities in the offering are to be sold by Beam Therapeutics. The offering is expected to close on or about March 11, 2025, subject to customary closing conditions.
Beam Therapeutics Announces Pricing of Underwritten Offering
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