Core Viewpoint - Bristol Myers Squibb has projected its 2026 results to exceed Wall Street estimates, attributing this positive outlook to anticipated revenue growth driven by price reductions for its blood thinner, Eliquis [1] Group 1 - The company forecasts that the price cuts for Eliquis will contribute to an increase in revenue [1]

Core Insights - Bristol Myers (BMY) is focusing on its growth portfolio, including drugs like Reblozyl, to drive revenue growth in upcoming quarterly results [1][8] - Reblozyl, co-developed with Merck, has annualized sales exceeding $2 billion and is a significant growth driver for the company [1] Sales Performance - Reblozyl generated sales of $1.66 billion in the first nine months of 2025, reflecting a 35% year-over-year increase [3][8] - The Zacks Consensus Estimate for fourth-quarter Reblozyl sales is $636 million, while the model estimate is $641 million [3] Competitive Landscape - Keros Therapeutics is developing elritercept for transfusion-dependent anemia, which may compete with Reblozyl [5] - Reblozyl also faces competition from established erythropoiesis-stimulating agents (ESAs) like Procrit [6] Financial Outlook - BMY's legacy portfolio is under pressure from generic competition, impacting sales of drugs like Revlimid and Pomalyst [4][8] - The Zacks Consensus Estimate for 2025 EPS has decreased to $6.09 from $6.53 over the past 60 days [11] Valuation Metrics - BMY is trading at a price/earnings ratio of 9.23x forward earnings, which is lower than the large-cap pharma industry's average of 18.42x [10]

Bristol-Myers Squibb Company (NYSE:BMY) ranks among the stocks with the lowest forward PE ratios. Leerink Partners boosted its price target for Bristol-Myers Squibb Company (NYSE:BMY) to $60 from $54 on January 13, maintaining an Outperform rating on the company’s shares. The firm cited substantial pipeline flexibility in 2026 as the key justification for the higher target. Pixabay/Public Domain Leerink decreased its fourth-quarter 2025 earnings per share forecast by 29%, from $1.65 to $1.19, citing exp ...

Wall Street expects a year-over-year increase in earnings on lower revenues when iBio, Inc. (IBIO) reports results for the quarter ended December 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may m ...

Core Viewpoint - Bristol-Myers Squibb Company (BMY) is set to report its fourth-quarter and full-year 2025 results on February 5, 2026, with consensus estimates for sales at $12.25 billion and earnings per share (EPS) at $1.15. Recent earnings estimates for 2025 have decreased, while those for 2026 have increased slightly [1][4]. Estimate Movement - The current EPS estimates for Q1, Q2, FY 2025, and FY 2026 are $1.15, $1.51, $6.09, and $6.08 respectively, showing a downward trend from previous estimates [2]. - The earnings surprise history indicates that BMY has consistently beaten estimates in the last four quarters, with an average surprise of 20.05% [2][3]. Factors Influencing Q4 Results - BMY's revenue growth is likely supported by its growth portfolio, which includes drugs like Opdivo, Reblozyl, and Breyanzi, despite facing pressure from declining sales of legacy drugs due to generic competition [4][6]. - Opdivo's sales are projected at $2.6 billion, benefiting from label expansions in new indications [7][8]. - Other drugs such as Orencia and Yervoy are also expected to contribute significantly to sales, with estimates of $989 million and $727 million respectively [9]. Legacy Drug Impact - Legacy products accounted for 47% of total sales in the first nine months of 2025, and their decline has negatively impacted overall revenue growth [21]. - Sales from legacy drugs like Eliquis, Revlimid, and Pomalyst are under pressure from generic competition, although Eliquis continues to show strong demand [14][15]. Strategic Collaborations and Acquisitions - BMY's recent acquisition of Orbital Therapeutics adds a promising preclinical RNA immunotherapy candidate to its pipeline, enhancing its capabilities in autoimmune diseases [23]. - The collaboration with BioNTech for the co-development of pumitamig has shown positive interim results, indicating potential in treating various solid tumors [24][25]. Stock Performance and Valuation - BMY's shares have underperformed compared to the industry and the S&P 500, with a current price/earnings ratio of 9.09x, lower than the industry average [17][19]. - The company is viewed as a safe haven for investors in the biotech sector, with a dividend yield of 4.58% providing an incentive to hold shares [26][27].

Drug firm Lupin on Monday said it has launched a generic cancer treatment medication in the US.The company has launched Dasatinib Tablets in strengths of 20 mg, 50 mg, 70 mg, 80 mg, 100 mg, and 140 mg, in the US, following the approval from the US Food and Drug Administration (USFDA).The product was developed in partnership with Pharmascience Inc, it added. Dasatinib Tablets are bioequivalent to Sprycel Tablets of Bristol-Myers Squibb Company, and indicated for the treatment of the newly diagnosed adults wi ...

Core Insights - Bristol Myers Squibb Company (NYSE:BMY) is identified as one of the most undervalued large-cap stocks currently available for investment [1] - Analysts have raised price targets for Bristol Myers, indicating a positive outlook for the stock driven by pipeline progress and growth potential [2][3] Analyst Ratings and Price Targets - Piper Sandler increased its price target for Bristol Myers to $66 from $62, maintaining an Overweight rating, citing undervaluation due to the upcoming loss of exclusivity for Eliquis in the US [1] - Citi analyst Geoff Meacham raised the price target to $60 from $53 with a Neutral rating, highlighting favorable conditions for the biopharma sector heading into 2026 [2] - Leerink analyst David Risinger raised the price target to $60 from $54 with an Outperform rating, anticipating significant upside potential in 2026 due to a robust pipeline [3] Company Overview - Bristol Myers Squibb is involved in the discovery, development, licensing, manufacturing, marketing, distribution, and sale of biopharmaceutical products globally, focusing on areas such as oncology, hematology, immunology, cardiovascular, and neuroscience [4]

Group 1: Analyst Insights - Citi analyst Geoff Meacham raised the price target for Bristol-Myers Squibb Company (BMY) to $60 from $53, maintaining a Neutral rating, reflecting a more favorable outlook for the biopharma sector into 2026 [1] - The adjustments in targets across the biopharma group are based on estimates that are "beatable" and lower policy risk, which could create a better investment environment for the sector [1] Group 2: Partnership and Innovation - Bristol-Myers recently announced a partnership with Microsoft to enhance early detection of lung cancer using AI-enabled radiology technology, which is already operational in hospitals across the United States [2] - The partnership aims to improve access to early detection in medically underserved areas, including rural hospitals and community clinics [3] - The initiative underscores the practical benefits of AI in clinical care, with potential for expansion into other disease areas if successful [3] Group 3: Company Overview - Bristol-Myers Squibb is a global biopharmaceutical company focused on developing medicines for serious diseases, including cancer, blood disorders, immune conditions, cardiovascular disease, and neurological disorders [4]

Core Insights - Bristol Myers Squibb (BMY) has partnered with Janux Therapeutics to develop a novel tumor-activated therapeutic targeting a validated solid tumor antigen across multiple cancer types [2] - Janux is set to receive up to $50 million in upfront and near-term milestone payments, with potential additional milestones totaling approximately $800 million, along with tiered royalties on global product sales [3] - BMY will lead clinical development and global commercialization after the IND submission, while Janux will remain involved through the first phase I study [4] Collaboration and Development - BMY's collaboration with Microsoft aims to enhance early detection of lung cancer using AI-powered radiology solutions [4] - In 2025, BMY partnered with BioNTech for the co-development of the investigational bispecific antibody pumitamig (BNT327) for various solid tumor types [5] - Interim results from a phase II study of pumitamig in combination with chemotherapy for triple-negative breast cancer showed encouraging antitumor activity and a manageable safety profile [6][7] Competitive Landscape - BMY competes in the oncology space with major players like Merck and Pfizer, with Merck's Keytruda being a dominant drug in immuno-oncology [9] - Merck is developing bispecific antibodies targeting PD-1 and VEGF, while Pfizer has a diverse oncology portfolio including ADCs and bispecifics [10][13] Financial Performance and Valuation - BMY shares have increased by 25.4% over the past six months, outperforming the industry growth of 22.8% [15] - The company is trading at a price/earnings ratio of 9.02x forward earnings, which is lower than the large-cap pharma industry's average of 18.18x [17] - The Zacks Consensus Estimate for BMY's 2025 EPS has decreased to $6.33 from $6.51 over the past 60 days, while the estimate for 2026 has increased [19]

Industry Overview - The pharmaceutical industry is facing a potential loss of $300 billion, which represents one-sixth of its overall revenue, by 2030 due to a patent cliff [1] - Companies that can adapt quickly will be better positioned to navigate this challenge [1] Company-Specific Insights - Eli Lilly and Novo Nordisk are well-positioned with limited patent exposure and significant earnings from GLP-1 weight loss drugs [2] - Bristol Myers Squibb faces a significant challenge with a projected growth gap of about $38 billion, primarily due to the loss of patent protection for its top drugs, Eliquis and Opdivo, which together account for over half of its earnings [3] - Merck & Co. and Pfizer are also facing substantial gaps of $23 billion and $21 billion, respectively [3] Strategic Responses - Successful companies are employing multi-faceted strategies to mitigate losses, including mergers and acquisitions (M&A) to strengthen their drug pipelines [4] - Beyond M&A, companies are also focusing on delaying patent expirations, exploring new drug development areas, and refocusing efforts to generate growth [5] Johnson & Johnson's Position - Johnson & Johnson is positioning itself as a success story amid the patent cliff, despite facing challenges such as biosimilar competition for its drug Stelara, which could lead to a $15 million revenue gap [6] - The company’s drug Darzalex, with projected sales of almost $18 billion in 2024, will soon encounter its own patent cliff [6] - J&J reported over $24 billion in quarterly sales with a 6% increase in annual sales, surpassing market expectations, and is framing 2025 as a pivotal year for growth [7]