
BioMarin Pharmaceutical (BMRN) Stock Forecast & Price Target
BioMarin Pharmaceutical (BMRN) Analyst Ratings
Bulls say
BioMarin Pharmaceutical is expected to have a strong financial performance in the future due to its expanding pipeline of rare genetic disorder treatments, which currently stands at eight approved therapies and several in development. The company also has a strong track record of beating revenue expectations and has a conservative, yet appropriate, discount rate and terminal growth rate in its DCF analysis. However, there are potential risks, such as slower-than-expected uptake of commercial assets and delays in regulatory approvals, that could impact the company's growth in the future and should be closely monitored.
Bears say
BioMarin Pharmaceutical is facing multiple headwinds as a clinical failure for BMN 401 in ENPP1 deficiency has led to the removal of the drug from the company's pipeline, resulting in a lowered 12-month price target to $50 from $55 per share. In addition, the company's future revenue growth may be hindered by the potential impact of competitors, including oral FGFR therapies, and potential issues with payer/formulary-exception progress for key treatments such as YUVIWEL. These factors, combined with relatively high intangible asset amortization and contingent consideration, contribute to our negative outlook on BioMarin's stock.
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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