Bristol-Myers Squibb Co.

Bristol-Myers Squibb Co.

Bristol-Myers Squibb (BMY) is a large, diversified biopharmaceutical company with a market cap of about $90.7bn. Investors should know it combines an established portfolio of marketed medicinesβ€”particularly in oncology, haematology and immunologyβ€”with a deep pipeline and substantial R&D spending. Key revenue drivers include immuno‑oncology and speciality medicines, though some legacy products face generic competition as patents expire. The 2019 Celgene acquisition broadened product mix but increased leverage, making cash generation and debt management important considerations. Regulatory outcomes, trial results and competitive approvals can move the share price materially. BMY typically pays a dividend, which may appeal to income‑minded investors, but dividends and share values can fall. This summary is for educational purposes only and not personalised advice; always consider your risk tolerance and do further research or speak to a financial adviser before investing.

Why It's Moving

Bristol-Myers Squibb Co.

Bristol-Myers Squibb raises full-year revenue guidance after strong Q3 growth in key portfolio.

Bristol-Myers Squibb reported third-quarter 2025 results, posting total revenues of $12.2 billion, up 3% year-over-year, fueled by robust expansion in its growth portfolio. The company boosted its 2025 non-GAAP revenue outlook to $47.5 billion to $48.0 billion, underscoring confidence in immuno-oncology drugs and new therapies amid legacy product challenges.

Sentiment:
πŸƒBullish
  • Growth portfolio revenues soared 18% to $6.9 billion, driven by immuno-oncology leaders, Reblozyl, Camzyos, and Breyanzi, signaling sustained demand for innovative treatments.
  • Legacy portfolio dipped 12% to $5.4 billion due to generic pressures, but Eliquis demand rose, partially offsetting declines and highlighting portfolio transition resilience.
  • Raised full-year revenue guidance and cut selling expenses 10% via productivity gains, reinforcing operational efficiency and pipeline momentum.

Stock Performance Snapshot

Hold

Analyst Rating

Analysts recommend holding Bristol-Myers Squibb's stock with a target price of $51.74, indicating limited change.

Above Average

Financial Health

Bristol-Myers Squibb is performing well with strong revenue and cash flow generation, indicating solid financial health.

Above Average

Dividend

Bristol-Myers Squibb's dividend yield of 4.69% indicates a decent return for investors seeking income. If you invested $1000 you would be paid $46.90 a year in dividends (based on the last 12 months).

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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Why You’ll Want to Watch This Stock

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Oncology-led revenue engine

BMY’s oncology and haematology drugs drive sales and headline growth, though trial outcomes and competition can cause swings in performance.

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Pipeline and R&D programme

A substantial pipeline offers upside if trials succeed, but R&D failures and regulatory delays are common and can affect value.

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Cash flow and balance

Established medicines and partnerships support cash flow, yet patent cliffs and post-acquisition debt make balance-sheet management important.

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