BioMarin Pharmaceutical (BMRN) Stock Forecast, Price Target & Predictions


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BMRN Stock Forecast


BioMarin Pharmaceutical stock forecast is as follows: an average price target of $111.41 (represents a 31.22% upside from BMRN’s last price of $84.90) and a rating consensus of 'Buy', based on 17 wall street analysts offering a 1-year stock forecast.

BMRN Price Target


The average price target for BioMarin Pharmaceutical (BMRN) is $111.41 based on 1-year price targets from 17 Wall Street analysts in the past 3 months, with a price target range of $135.00 to $72.00. This represents a potential 31.22% upside from BMRN's last price of $84.90.

BMRN Analyst Ratings


Buy

According to 17 Wall Street analysts, BioMarin Pharmaceutical's rating consensus is 'Buy'. The analyst rating breakdown for BMRN stock is 0 'Strong Buy' (0.00%), 10 'Buy' (58.82%), 7 'Hold' (41.18%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

BioMarin Pharmaceutical Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 05, 2024Christopher RaymondRaymond James$122.00$86.7440.65%43.70%
Sep 05, 2024George FarmerScotiabank$95.00$86.759.51%11.90%
Aug 27, 2024Christopher RaymondRaymond James$107.00$88.6920.64%26.03%
Aug 21, 2024Paul MatteisStifel Nicolaus$115.00$93.8422.55%35.45%
Aug 20, 2024William PickeringTudor Pickering$110.00$94.2016.77%29.56%
Aug 06, 2024Paul MatteisStifel Nicolaus$112.00$85.9830.26%31.92%
Aug 06, 2024Cory KasimovEvercore ISI$115.00$85.9833.74%35.45%
Aug 06, 2024Whitney IjemCanaccord Genuity$93.00$80.4715.57%9.54%
Jun 27, 2024Mohit BansalWells Fargo$115.00$85.2534.90%35.45%
Jun 04, 2024William PickeringTudor Pickering$91.00$78.8715.38%7.18%
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The latest BioMarin Pharmaceutical stock forecast, released on Sep 05, 2024 by Christopher Raymond from Raymond James, set a price target of $122.00, which represents a 40.65% increase from the stock price at the time of the forecast ($86.74), and a 43.70% increase from BMRN last price ($84.90).

BioMarin Pharmaceutical Price Target by Period


1M3M12M
# Anlaysts5914
Avg Price Target$109.80$109.33$104.57
Last Closing Price$84.90$84.90$84.90
Upside/Downside29.33%28.78%23.17%

In the current month, the average price target of BioMarin Pharmaceutical stock is $109.80, according to 5 Wall Street analysts offering twelve months forecast. The average price target represents a 29.33% increase as opposed to BioMarin Pharmaceutical's last price of $84.90. This month's average price target is up 0.43% compared to last quarter, and up 5.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 13, 2024Canaccord GenuityHoldHoldHold
Sep 05, 2024Stifel NicolausUnderperformUnderperformHold
Sep 05, 2024Cowen & Co.BuyBuyHold
Sep 05, 2024ScotiabankSector PerformSector PerformHold
Sep 04, 2024Cantor FitzgeraldOverweightOverweightHold
Aug 27, 2024Piper SandlerOverweightOverweightHold
Aug 20, 2024ScotiabankUnderperformUnderperformHold
Aug 20, 2024Wells FargoSector PerformSector PerformHold
Aug 20, 2024BernsteinMarket PerformOutperformUpgrade
Aug 06, 2024William BlairOutperformOutperformHold
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BioMarin Pharmaceutical's last stock rating was published by Canaccord Genuity on Sep 13, 2024. The company gave BMRN a "Hold" rating, the same as its previous rate.

BioMarin Pharmaceutical Financial Forecast


BioMarin Pharmaceutical Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$646.21B$581.33B$595.27M$596.41M$537.54M$505.34M$533.80M$519.36M$449.81M$408.74M$501.69M$486.07M$452.12M$476.78M$429.49M$502.07M$454.44M$461.10M
Avg Forecast$928.27M$905.93M$883.63M$857.95M$812.80M$780.63M$766.73M$740.15M$736.56M$704.27M$663.98M$651.83M$638.82M$603.84M$595.23M$570.35M$537.62M$518.45M$520.20M$510.95M$442.38M$435.30M$448.31M$446.35M$439.33M$457.38M$418.62M$468.58M$457.91M$455.76M
High Forecast$954.22M$931.25M$908.32M$881.92M$835.51M$802.45M$788.16M$760.84M$757.15M$721.31M$682.53M$670.04M$663.25M$660.00M$611.87M$586.29M$552.64M$532.94M$536.62M$527.09M$456.35M$449.04M$462.46M$460.44M$453.20M$471.82M$431.83M$483.37M$472.36M$470.15M
Low Forecast$886.13M$864.80M$843.52M$819.00M$775.90M$745.19M$731.93M$706.55M$703.13M$687.60M$633.84M$622.23M$625.52M$573.53M$568.21M$544.46M$513.21M$494.92M$498.44M$489.59M$423.88M$417.10M$429.56M$427.68M$420.95M$438.25M$401.11M$448.99M$438.76M$436.70M
# Analysts138891277813168612191898811151799101177986
Surprise %------------1011.57%962.72%1.00%1.05%1.00%0.97%1.03%1.02%1.02%0.94%1.12%1.09%1.03%1.04%1.03%1.07%0.99%1.01%

BioMarin Pharmaceutical's average Quarter revenue forecast for Mar 24 based on 6 analysts is $651.83M, with a low forecast of $622.23M, and a high forecast of $670.04M. BMRN's average Quarter revenue forecast represents a -99.90% decrease compared to the company's last Quarter revenue of $646.21B (Dec 23).

BioMarin Pharmaceutical EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts138891277813168612191898811151799101177986
EBITDA------------$14.22B$25.66B$99.98M$86.88M$10.62M$27.58M$63.98M$57.34M$-37.34M$-15.45M$45.06M$55.02M$-8.08M$-24.98M$-9.53M$134.23M$22.43M$42.99M
Avg Forecast$36.06M$35.19M$34.32M$33.32M$31.57M$30.32M$29.78M$28.75M$28.61M$27.36M$25.79M$261.07M$24.81M$23.45M$23.12M$237.34M$20.88M$-20.40M$20.21M$253.84M$17.18M$16.91M$17.41M$162.69M$17.06M$17.77M$16.26M$18.20M$17.79M$17.70M
High Forecast$37.06M$36.17M$35.28M$34.26M$32.45M$31.17M$30.61M$29.55M$29.41M$28.02M$26.51M$313.29M$25.76M$25.64M$23.77M$284.81M$21.47M$-16.32M$20.84M$304.61M$17.73M$17.44M$17.96M$195.22M$17.60M$18.33M$16.77M$18.78M$18.35M$18.26M
Low Forecast$34.42M$33.59M$32.76M$31.81M$30.14M$28.94M$28.43M$27.44M$27.31M$26.71M$24.62M$208.86M$24.30M$22.28M$22.07M$189.87M$19.93M$-24.47M$19.36M$203.07M$16.46M$16.20M$16.69M$130.15M$16.35M$17.02M$15.58M$17.44M$17.04M$16.96M
Surprise %------------573.05%1094.08%4.32%0.37%0.51%-1.35%3.17%0.23%-2.17%-0.91%2.59%0.34%-0.47%-1.41%-0.59%7.38%1.26%2.43%

6 analysts predict BMRN's average Quarter EBITDA for Mar 24 to be $261.07M, with a high of $313.29M and a low of $208.86M. This is -98.16% lower than BioMarin Pharmaceutical's previous annual EBITDA (Dec 23) of $14.22B.

BioMarin Pharmaceutical Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts138891277813168612191898811151799101177986
Net Income------------$20.38B$40.38B$56.04M$50.85M$-249.00K$-6.65M$27.66M$120.80M$-57.90M$-36.49M$12.94M$17.37M$22.10M$784.80M$-29.18M$81.38M$15.02M$55.04M
Avg Forecast----$150.88M$136.65M$137.18M$124.93M$117.72M$106.76M$71.74M$190.75M$39.53M$44.02M$42.38M$173.41M$-11.70M$-48.17M$6.60M$185.46M$-72.68M$-50.14M$-21.89M$51.37M$-33.71M$50.13M$-22.58M$498.05M$-7.32M$11.82M
High Forecast----$156.36M$141.61M$142.16M$129.47M$122.00M$127.03M$74.35M$228.90M$52.11M$74.03M$43.92M$208.09M$-11.01M$-38.54M$6.87M$222.55M$-68.73M$-47.41M$-20.70M$61.64M$-31.88M$52.18M$-21.36M$597.66M$-6.92M$12.30M
Low Forecast----$141.98M$128.59M$129.08M$117.56M$110.78M$95.95M$67.51M$152.60M$35.04M$24.01M$39.88M$138.72M$-12.12M$-57.81M$6.24M$148.37M$-75.67M$-52.19M$-22.78M$41.09M$-35.09M$47.40M$-23.51M$398.44M$-7.62M$11.18M
Surprise %------------515.41%917.29%1.32%0.29%0.02%0.14%4.19%0.65%0.80%0.73%-0.59%0.34%-0.66%15.66%1.29%0.16%-2.05%4.66%

BioMarin Pharmaceutical's average Quarter net income forecast for Mar 24 is $190.75M, with a range of $152.60M to $228.90M. BMRN's average Quarter net income forecast represents a -99.06% decrease compared to the company's last Quarter net income of $20.38B (Dec 23).

BioMarin Pharmaceutical SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts138891277813168612191898811151799101177986
SG&A------------$275.02B$223.93B$215.34M$223.00M$245.74M$216.82M$196.84M$194.62M$217.60M$183.30M$184.20M$174.30M$195.54M$179.45M$175.40M$202.97M$204.89M$187.18M
Avg Forecast$371.77M$362.82M$353.89M$343.60M$325.52M$312.64M$307.07M$296.43M$294.99M$282.06M$265.92M$307.31M$255.84M$241.83M$238.39M$279.38M$215.31M$241.96M$208.34M$298.80M$177.17M$174.34M$179.55M$178.76M$175.95M$183.18M$167.65M$187.66M$183.39M$182.53M
High Forecast$382.16M$372.96M$363.78M$353.20M$334.62M$321.38M$315.65M$304.71M$303.23M$288.88M$273.35M$368.78M$265.63M$264.33M$245.05M$335.25M$221.33M$290.35M$214.91M$358.56M$182.77M$179.84M$185.21M$184.40M$181.50M$188.96M$172.95M$193.59M$189.18M$188.29M
Low Forecast$354.89M$346.35M$337.82M$328.00M$310.74M$298.45M$293.13M$282.97M$281.60M$275.38M$253.85M$245.85M$250.52M$229.70M$227.57M$223.50M$205.54M$193.56M$199.62M$239.04M$169.76M$167.04M$172.04M$171.28M$168.59M$175.52M$160.64M$179.82M$175.72M$174.90M
Surprise %------------1074.97%925.96%0.90%0.80%1.14%0.90%0.94%0.65%1.23%1.05%1.03%0.98%1.11%0.98%1.05%1.08%1.12%1.03%

BioMarin Pharmaceutical's average Quarter SG&A projection for Mar 24 is $307.31M, based on 6 Wall Street analysts, with a range of $245.85M to $368.78M. The forecast indicates a -99.89% fall compared to BMRN last annual SG&A of $275.02B (Dec 23).

BioMarin Pharmaceutical EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts138891277813168612191898811151799101177986
EPS------------$0.11$214.53$0.30$0.27$-0.00$-0.04$0.15$0.66$-0.32$-0.20$0.07$0.10$0.12$4.33$-0.16$0.45$0.08$0.31
Avg Forecast----$0.75$0.68$0.68$0.62$0.59$0.53$0.36$0.31$0.20$0.22$0.21$0.16$-0.06$-0.01$0.03$0.21$-0.36$-0.25$-0.11$-0.09$-0.17$0.25$-0.11$0.03$-0.04$0.06
High Forecast----$0.78$0.71$0.71$0.65$0.61$0.63$0.37$0.32$0.26$0.37$0.22$0.16$-0.05$-0.01$0.03$0.22$-0.34$-0.24$-0.10$-0.08$-0.16$0.26$-0.11$0.03$-0.03$0.06
Low Forecast----$0.71$0.64$0.64$0.59$0.55$0.48$0.34$0.29$0.17$0.12$0.20$0.15$-0.06$-0.01$0.03$0.20$-0.38$-0.26$-0.11$-0.09$-0.18$0.24$-0.12$0.03$-0.04$0.06
Surprise %------------0.56%977.18%1.42%1.74%0.02%2.98%4.56%3.11%0.88%0.80%-0.64%-1.12%-0.71%17.32%1.42%14.49%-2.19%5.26%

According to 6 Wall Street analysts, BioMarin Pharmaceutical's projected average Quarter EPS for Mar 24 is $0.31, with a low estimate of $0.29 and a high estimate of $0.32. This represents a 183.48% increase compared to BMRN previous annual EPS of $0.11 (Dec 23).

BioMarin Pharmaceutical Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DAWNDay One Biopharmaceuticals$14.13$38.80174.59%Buy
ARWRArrowhead Pharmaceuticals$21.49$45.38111.17%Buy
APLSApellis Pharmaceuticals$37.62$75.81101.52%Buy
LQDALiquidia$9.80$17.1775.20%Buy
MREOMereo BioPharma Group$4.28$6.7557.71%Buy
LEGNLegend Biotech$50.31$78.7856.59%Buy
TECHBio-Techne$74.67$99.2132.86%Buy
BMRNBioMarin Pharmaceutical$84.90$111.4131.22%Buy
INCYIncyte$63.56$81.0027.44%Buy
AMLXAmylyx Pharmaceuticals$2.62$3.3327.10%Buy
IONSIonis Pharmaceuticals$42.19$50.8420.50%Buy
BPMCBlueprint Medicines$88.90$101.5014.17%Buy
PCVXVaxcyte$116.00$124.147.02%Buy
EXELExelixis$26.46$28.005.82%Buy
AGIOAgios Pharmaceuticals$46.69$47.501.73%Buy
ALNYAlnylam Pharmaceuticals$265.27$250.16-5.70%Buy
HALOHalozyme Therapeutics$62.30$56.86-8.73%Buy
KRTXKaruna Therapeutics$329.83$257.50-21.93%Buy

BMRN Forecast FAQ


Yes, according to 17 Wall Street analysts, BioMarin Pharmaceutical (BMRN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 58.82% of BMRN's total ratings.

BioMarin Pharmaceutical (BMRN) average price target is $111.41 with a range of $72 to $135, implying a 31.22% from its last price of $84.9. The data is based on 17 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for BMRN stock, the company can go up by 31.22% (from the last price of $84.9 to the average price target of $111.41), up by 59.01% based on the highest stock price target, and down by -15.19% based on the lowest stock price target.

BMRN's highest twelve months analyst stock price target of $135 supports the claim that BioMarin Pharmaceutical can reach $130 in the near future.

5 Wall Street analysts forecast a $109.8 price target for BioMarin Pharmaceutical (BMRN) this month, up 29.33% from its last price of $84.9. Compared to the last 3 and 12 months, the average price target increased by 28.78% and increased by 23.17%, respectively.

BioMarin Pharmaceutical's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.1B (high $3.19B, low $2.96B), average EBITDA is $120.42M (high $123.79M, low $114.96M), average net income is $549.64M (high $569.61M, low $517.2M), average SG&A $1.24B (high $1.28B, low $1.19B), and average EPS is $2.74 (high $2.84, low $2.58). BMRN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.58B (high $3.68B, low $3.41B), average EBITDA is $138.89M (high $142.77M, low $132.59M), average net income is $0 (high $0, low $0), average SG&A $1.43B (high $1.47B, low $1.37B), and average EPS is $0 (high $0, low $0).

Based on BioMarin Pharmaceutical's last annual report (Dec 2023), the company's revenue was $2.42T, beating the average analysts forecast of $2.41B by 100355.98%. Apple's EBITDA was $158.1B, beating the average prediction of $308.73M by 51109.29%. The company's net income was $167.64B, beating the average estimation of $299.34M by 55905.12%. Apple's SG&A was $937.29B, beating the average forecast of $1.02B by 92203.87%. Lastly, the company's EPS was $0.87, beating the average prediction of $0.783 by 11.09%. In terms of the last quarterly report (Dec 2023), BioMarin Pharmaceutical's revenue was $646.21B, beating the average analysts' forecast of $638.82M by 101056.56%. The company's EBITDA was $14.22B, beating the average prediction of $24.81M by 57204.63%. BioMarin Pharmaceutical's net income was $20.38B, beating the average estimation of $39.53M by 51441.09%. The company's SG&A was $275.02B, beating the average forecast of $255.84M by 107397.01%. Lastly, the company's EPS was $0.11, missing the average prediction of $0.197 by -44.21%