
BioMarin Pharmaceutical (BMRN) Stock Forecast & Price Target
BioMarin Pharmaceutical (BMRN) Analyst Ratings
Bulls say
BioMarin Pharmaceutical demonstrates a strong financial outlook driven by the anticipated growth of its revenue from established therapies and promising pipeline advancements. The company is projected to achieve a total revenue range of $3.150 billion to $3.2 billion in FY2025, reflecting an increase in guidance from previous estimates. Additionally, the growth of Palynziq, despite the decline in Kuvan sales, along with the rising sales of leading products Vimizim and Voxzogo, and the modest growth forecast for its enzyme replacement therapies franchise, underscores BioMarin's resilience and potential for continued financial success.
Bears say
BioMarin Pharmaceutical's stock has experienced significant volatility, indicated by a nearly 20% drop following positive data from a competitor, emphasizing the impact of competitive pressures on its market performance, particularly concerning its Voxzogo therapy. Revenue from Voxzogo fell short of expectations, generating $218 million, which was a slight decline from the previous quarter, further exacerbated by delays in international sales that suggested weakening demand. Despite a relatively strong earnings per share performance, the stock remains under pressure due to ongoing concerns regarding its Voxzogo franchise, indicating that investor sentiment is swayed more by competitive developments than by the company's pipeline potential.
This aggregate rating is based on analysts' research of BioMarin Pharmaceutical and is not a guaranteed prediction by Public.com or investment advice.
BioMarin Pharmaceutical (BMRN) Analyst Forecast & Price Prediction
Start investing in BioMarin Pharmaceutical (BMRN)
Order type
Buy in
Order amount
Est. shares
0 shares