Stocklytics Platform
Asset logo for symbol BMY
Bristol-Myers Squibb Co
BMY61
$56.29arrow_drop_down0.14%-$0.08
S&P500
Asset logo for symbol BMY
BMY61

$56.29

arrow_drop_down0.14%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Bristol-Myers Squibb Co (BMY) Stocklytics Forecast

Bristol-Myers Squibb Co (BMY) is a renowned pharmaceutical company known for its innovative drugs and groundbreaking research in the healthcare industry. With a strong emphasis on research and development, Bristol-Myers Squibb has consistently delivered promising results, making it an attractive choice for investors looking for long-term growth potential. The stock price of BMY has been on an upward trajectory in recent years, and many analysts predict that this positive momentum will continue in the future.
According to AI and machine learning predictions, BMY stock is expected to maintain its upward trend over the next few years. These advanced technologies utilize sophisticated algorithms and historical data to analyze market trends and make accurate predictions. Based on these predictions, BMY stock is forecasted to have a strong performance, with the stock price likely to increase steadily. In fact, the stock price forecast for BMY in 2023 is highly promising, indicating substantial growth potential for investors.
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Frequently Asked Questions

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What is the analyst price prediction for Bristol-Myers Squibb Co (BMY) stock?

Analysts have set a target price of $63.38 for Bristol-Myers Squibb Co (BMY), based on forecasts from 29 analysts. The predicted price range extends from a high of $85 to a low of $43. This represents a potential increase of up to 51% and a decrease of -23.61% from the current price of $56.29. These forecasts are as of 2023 Jul 19.
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What are the analyst ratings for Bristol-Myers Squibb Co (BMY) stock?

The analyst ratings for Bristol-Myers Squibb Co (BMY) are distributed as follows: 8 analysts recommend buying, 17 have a neutral stance, and 1 suggest selling. The prevailing sentiment among the total of 26 analysts leans towards a neutral rating. These ratings indicate the general sentiment among the analysts covering Bristol-Myers Squibb Co.
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What is the AI price prediction for Bristol-Myers Squibb Co (BMY) stock?

At present, there is no AI or machine-learning-based price prediction available for Bristol-Myers Squibb Co (BMY) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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