
BioMarin Pharmaceutical (BMRN) Stock Forecast & Price Target
BioMarin Pharmaceutical (BMRN) Analyst Ratings
Bulls say
BioMarin Pharmaceutical's stock outlook is positively influenced by the anticipated growth of its enzyme replacement therapies (ERTs), with consensus projections indicating a modest increase in sales despite product maturity. The company's revenue guidance for 2025 has been updated to a range of $3.150 billion to $3.2 billion, reflecting upward momentum in the commercial performance of leading products such as Vimizim and Voxzogo, the latter projected to see significant revenue increases. Additionally, innovative advancements in development, such as Navepegritide's improved efficacy in clinical trials, further enhance the potential for pipeline expansion and revenue generation, underpinning BioMarin's robust positioning in the biotechnology market for rare genetic diseases.
Bears say
The recent performance of BioMarin Pharmaceutical's stock has been significantly affected by competitive pressures, particularly following the release of positive data for competitor TransConCNP, which contributed to nearly a 20% decline in share price. Voxzogo, a key product for BioMarin, reported revenue of $218 million, falling short of expectations and experiencing a slight decline from the previous quarter, indicating challenges in its commercial performance, especially in international markets. Moreover, the sustained negative sentiment surrounding the company's product lineup, particularly related to Voxzogo, suggests ongoing headwinds that could impact future profitability and investor confidence.
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
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