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Biomarin Pharmaceutical Inc has a consensus price target of $97.78 based on the ratings of 30 analysts. The high is $140 issued by Truist Securities on September 25, 2023. The low is $65 issued by Baird on October 30, 2024. The 3 most-recent analyst ratings were released by Wolfe Research, Citigroup, and Canaccord Genuity on November 15, 2024, October 30, 2024, and October 30, 2024, respectively. With an average price target of $86.67 between Wolfe Research, Citigroup, and Canaccord Genuity, there's an implied 36.66% upside for Biomarin Pharmaceutical Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Biomarin Pharmaceutical (NASDAQ:BMRN) was reported by Wolfe Research on November 15, 2024. The analyst firm set a price target for $95.00 expecting BMRN to rise to within 12 months (a possible 49.80% upside). 54 analyst firms have reported ratings in the last year.
The latest analyst rating for Biomarin Pharmaceutical (NASDAQ:BMRN) was provided by Wolfe Research, and Biomarin Pharmaceutical initiated their outperform rating.
The last upgrade for Biomarin Pharmaceutical Inc happened on August 20, 2024 when Bernstein raised their price target to $110. Bernstein previously had a market perform for Biomarin Pharmaceutical Inc.
The last downgrade for Biomarin Pharmaceutical Inc happened on October 30, 2024 when William Blair changed their price target from N/A to N/A for Biomarin Pharmaceutical Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Biomarin Pharmaceutical, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Biomarin Pharmaceutical was filed on November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.
While ratings are subjective and will change, the latest Biomarin Pharmaceutical (BMRN) rating was a initiated with a price target of $0.00 to $95.00. The current price Biomarin Pharmaceutical (BMRN) is trading at is $63.42, which is within the analyst’s predicted range.
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