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NYSE:BMY
Bristol Myers Squibb (BMY)
Financials 
Technical Analysis 
Big on immune oncology and cardio. Technically doesn't look great, but eventually "the train will come along and collect the mail bag". Makes a ton of $$ in NA. Wide moat. Concerns about pipeline, but he thinks it's pretty good. Limited downside. Yield is 4.9%.
Good pricing power. Because products are so specialized, FDA puts them on sort of a fast track.
In the past quarter, They recently bought 3 companies, including Mirati, a small oncology company, and Karuna who may develop a wonder drug to treat schizophrenia. BMY needs to buy companies, because their top 3 drugs face steep patent cliffs, like a blood-clot drug, accounting for over 61% of 2023 (Jan-Sept)'s sales.
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Premium contentThe company has partnered with a Chinese pharma company for a new drug to lung and breast cancer patients. They will have exclusive rights outside of China. It trades at 13x earnings and supports a ROE of 26%. It has a good dividend, backed by a payout ratio under 60% of cash flow. The company has been prudentially using some cash reserves to aggressively buy back shares and retire debt. We recommend placing a stop at $44, looking to achieve $63 -- upside potential of 23%. Yield 4.4%
(Analysts’ price target is $62.82)
It has some real challenges from 2026 to 2030 when some of their drugs will come off patents. They will need to fill their pipeline. This is reflected in the 8X earnings multiple. As for Amgen, it has defensive characteristics but we need to make sure they execute their plans.
Jim LebenthalJim Lebenthal
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Bristol Myers Squibb (BMY) Frequently Asked Questions
What is Bristol Myers Squibb stock symbol?
Bristol Myers Squibb is a American stock, trading under the symbol BMY (previously BMY-N on Stockchase) on the New York Stock Exchange (BMY). It is usually referred to as NYSE:BMY or BMY
Is Bristol Myers Squibb a buy or a sell?
In the last year, no analyst issued a Buy, Sell, or Hold rating on BMY (previously BMY-N on Stockchase) on Stockchase. Read the latest expert commentary for Bristol Myers Squibb.
Is Bristol Myers Squibb a good investment or a top pick?
Bristol Myers Squibb was recommended as a Top Pick by Sarat Sethi, Managing Partner, Douglas C. Lane & Assoc. on 2022-10-21. Read the latest stock experts ratings for Bristol Myers Squibb.
Why is Bristol Myers Squibb stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Bristol Myers Squibb.
Is Bristol Myers Squibb worth watching?
Bristol Myers Squibb is followed by 111 investors on Stockchase and is a trending stock that is worth watching.
What is Bristol Myers Squibb stock price?
On 2026-06-18, Bristol Myers Squibb (BMY) stock closed at a price of $54.03.
Down 23% in the past 6 months. Pays a 5% dividend. Be patient and give the current CEO a chance to turn things around.