Bristol-Myers SquibbBMY
About: Bristol-Myers Squibb discovers, develops, and markets drugs for various therapeutic areas, such as cardiovascular, cancer, and immune disorders. A key focus for Bristol is immuno-oncology, where the firm is a leader in drug development. Bristol derives close to 70% of total sales from the US, showing a higher dependence on the US market than most of its peer group.
Employees: 34,100
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
102% more first-time investments, than exits
New positions opened: 266 | Existing positions closed: 132
44% more funds holding in top 10
Funds holding in top 10: 18 [Q2] → 26 (+8) [Q3]
21% more capital invested
Capital invested by funds: $67.9B [Q2] → $82.1B (+$14.2B) [Q3]
5% more funds holding
Funds holding: 2,109 [Q2] → 2,212 (+103) [Q3]
5% less call options, than puts
Call options by funds: $1.9B | Put options by funds: $2B
2.22% less ownership
Funds ownership: 80.6% [Q2] → 78.38% (-2.22%) [Q3]
11% less repeat investments, than reductions
Existing positions increased: 802 | Existing positions reduced: 904
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Truist Securities Robyn Karnauskas 11% 1-year accuracy 3 / 28 met price target | 15%upside $65 | Buy Maintained | 8 Jan 2025 |
Jefferies Akash Tewari 8% 1-year accuracy 1 / 13 met price target | 24%upside $70 | Buy Upgraded | 16 Dec 2024 |
B of A Securities Tim Anderson 67% 1-year accuracy 4 / 6 met price target | 12%upside $63 | Neutral Reinstated | 10 Dec 2024 |
Citigroup Andrew Baum 25% 1-year accuracy 1 / 4 met price target | 7%upside $60 | Neutral Maintained | 12 Nov 2024 |
BMO Capital Evan Seigerman 44% 1-year accuracy 7 / 16 met price target | 8%upside $61 | Market Perform Maintained | 12 Nov 2024 |
Financial journalist opinion
Based on 29 articles about BMY published over the past 30 days