Inside the research
Bristol-Myers Squibb Company
BMY Research profile · latest available data
Price overview
$62.86
▲ +1.36 (+2.2%)
| 52w hi | $68.09 |
|---|---|
| 52w lo | $41.21 |
| Vol | 10.67M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.41
| Short | +0.16 |
|---|---|
| Medium | +0.53 |
| Long | +0.64 |
computed 2026-09-27
Key fundamentals
Bristol-Myers Squibb Company
Healthcare · Drug Manufacturers - General
| Market cap | $128.41B |
|---|---|
| Enterprise value | $162.39B |
| Trailing P/E | 13.85x |
| Forward P/E | 9.58x |
| EV / EBITDA | 8.58x |
| P / S (ttm) | 2.61x |
| Profit margin | 18.9% |
| Return on equity | 46.6% |
| Revenue growth | +5.7% |
| Earnings growth | +153.1% |
| Debt / equity | 201.86 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.37 | |
| Sector | +0.08 | |
| Technical | +0.17 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. The company offers products for oncology, hematology, immunology, cardiovascular, and neuroscience indications. Its products include Opdivo for anti-cancer indications; Opdivo Qvantig, a subcutaneous PD-1 inhibitor for solid tumors; Orencia for active rheumatoid arthritis and psoriatic arthritis; Yervoy for the treatment of unresectable or metastatic melanoma; Reblozyl to treat anemia; Breyanzi for the treatment of relapsed or refractory large B-cell lymphoma; Opdualag to treat unresectable or metastatic melanoma; and Camzyos for the treatment of symptomatic obstructive HCM. The company also offers Zeposia to treat relapsing forms of multiple sclerosis; Abecma for the treatment of patients with relapsed or refractory multiple myeloma; Sotyktu to treat moderate-to-severe plaque psoriasis; Krazati for the treatment of KRASG12C-mutated locally advanced or metastatic non-small cell lung cancer (NSCLC); and Cobenfy to treat schizophrenia. In addition, it offers Eliquis for the reduction of risk of stroke/systemic embolism and for the treatment of DVT/PE; Revlimid, an oral immunomodulatory drug for multiple myeloma; Pomalyst/Imnovid for multiple myeloma; Sprycel for Philadelphia chromosome-positive chronic myeloid leukemia; and Abraxane to treat breast cancer. Further, the company provides Augtyro for the treatment of locally advanced or metastatic ROS1-positive NSCLC, as well as NSCLC and pancreatic cancer. It sells its products to wholesalers, distributors, specialty pharmacies, retailers, hospitals, clinics, and government agencies. The company has a strategic collaboration with Arcus Biosciences, Inc. to develop a treatment regimen that delivers tumor control in kidney cancer. The company was formerly known as Bristol-Myers Company. The company was founded in 1887 and is headquartered in Princeton, New Jersey.
Risk Metrics
| Beta vs SPX | 0.28 |
|---|---|
| Corr SPX | 0.16 |
| Annual vol | 28.5% |
| Annual ret | +16.1% |
| Sharpe | 0.56 |
| Max DD | -32.5% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $63.32 |
|---|---|
| High / Low | $75.00 / $40.00 |
| Median | $65.00 |
| Analysts | 25 |
| Strong Buy | 4 | |
|---|---|---|
| Buy | 6 | |
| Hold | 18 | |
| Sell | 1 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-04-09 | B of A Securities | → Buy |
| 2026-04-08 | Guggenheim | → Buy |
| 2026-04-08 | Cantor Fitzgerald | → Neutral |
| 2026-03-17 | HSBC | → Hold |
| 2026-02-25 | RBC Capital | → Sector Perform |
| 2026-02-23 | Piper Sandler | → Overweight |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-30 | Earnings Release, Reg FD Disclosure… | read |
| 2026-05-08 | Shareholder Vote | read |
| 2026-04-30 | Earnings Release, Reg FD Disclosure… | read |
| 2026-02-05 | Earnings Release, Reg FD Disclosure… | read |
| 2026-01-12 | Reg FD Disclosure, Exhibits | read |
| 2025-11-18 | Other Material Event, Exhibits | read |
| 2025-11-10 | Other Material Event, Exhibits | read |
| 2025-11-03 | Other Material Event, Exhibits | read |
| 2025-10-30 | Earnings Release, Reg FD Disclosure… | read |
| 2025-07-31 | Earnings Release, Reg FD Disclosure… | read |
| 2025-07-25 | Officer / Director Change, Exhibits | read |
| 2025-05-07 | Shareholder Vote | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-01 | Gallman Cari | EVP, General Counsel | Option exercise | 1.06K | — |
| 2026-08-01 | Massacesi Cristian | EVP,Chief Med Offr,Head o | Withheld for tax | 26.18K | $1.71M |
| 2026-08-01 | Gallman Cari | EVP, General Counsel | Withheld for tax | 543 | $35.46K |
| 2026-08-01 | Massacesi Cristian | EVP,Chief Med Offr,Head o | Option exercise | 51.17K | — |
| 2026-06-15 | Haller Julia A | Option exercise | 20.46K | $1.10M | |
| 2026-06-03 | Short Bartie Wendy | EVP, Corporate Affairs | Option exercise | 8.04K | — |
| 2026-06-03 | Short Bartie Wendy | EVP, Corporate Affairs | Withheld for tax | 3.88K | $212.09K |
| 2026-05-01 | Lenkowsky Adam | EVP, Chief Commercial Off | Withheld for tax | 599 | $34.87K |
| 2026-05-01 | Lenkowsky Adam | EVP, Chief Commercial Off | Option exercise | 1.37K | — |
| 2026-05-01 | Lenkowsky Adam | EVP, Chief Commercial Off | J | 203 | — |
Flow & Concentration
| Insider 180d net | -$1.85M |
|---|---|
| Insider buys / sells | 0 / 2 |
| Insider bias | Neutral |
| 13F holders | 7 |
| Top-5 share | 100.0% |
| HHI | 4,795 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $5.90B | 102.41M |
| AQR Capital Management | $1.58B | 27.36M |
| Fidelity / FMR LLC | $938.82M | 16.29M |
| Citadel Advisors | $442.87M | 7.69M |
| Millennium Management | $86.44M | 1.50M |
| T. Rowe Price Group | $1.83M | 31.71M |
| Capital Research / Capital World | $281 | 3.12K |
As of 2026-06-30
Dividends
| Yield (TTM) | 2.99% |
|---|---|
| $ / share (TTM) | $1.88 |
| 5y CAGR | +1.6% |
Annual dividend per share
| 2021 | $1.47 |
|---|---|
| 2022 | $2.16 |
| 2023 | $2.28 |
| 2024 | $2.40 |
| 2025 | $2.48 |
| 2026 | $1.26 |
Federal Contracts
| Amount | Agency | Description |
|---|---|---|
| $911.45K | Department of Veterans Affairs | REVLIMID, POMALYST, CAMZYOS SPECIALTY PHARMACEUTICALS |
| $848.45K | Department of Veterans Affairs | REVLIMID, POMALYST, CAMZYOS SPECIALTY PHARMACEUTICALS |
| $670.09K | Department of Veterans Affairs | EMERGENCY BREYANZI INFUSION |
| $378.65K | Department of Veterans Affairs | ABECMA FOR CAR-T |
| $364.14K | Department of Veterans Affairs | BREYANZI CAT-T TRANSPLANT |
| $364.14K | Department of Veterans Affairs | BREYANZI CAR T-TRANSPLANT |
| $364.14K | Department of Veterans Affairs | BREYANZI CAR-T TRANSPLANT. |
| $356.54K | Department of Veterans Affairs | MAVACAMTEN (CAMZYOS) AND POMALIDOMIDE (POLMALYST) |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $48.19B | +6.5% | |
| Gross profit | $30.75B | +24.3% | |
| Net income | $8.03B | -2.0% | |
| Cash from ops | $13.86B | +8.0% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $61.75 | $62.91 | $61.40 | $62.86 | 10.67M |
| Sep 24 | $61.40 | $61.59 | $60.60 | $61.50 | 14.90M |
| Sep 23 | $62.31 | $62.65 | $61.08 | $61.15 | 15.84M |
| Sep 22 | $62.73 | $63.08 | $62.03 | $62.25 | 15.24M |
| Sep 21 | $63.09 | $63.40 | $62.62 | $62.62 | 6.84M |
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