
Beam Therapeutics Inc. (NASDAQ:BEAM – Free Report) – Stock analysts at HC Wainwright lowered their FY2025 earnings estimates for Beam Therapeutics in a report issued on Wednesday, November 5th. HC Wainwright analyst P. Trucchio now anticipates that the company will post earnings per share of ($4.22) for the year, down from their prior forecast of ($3.78). HC Wainwright currently has a “Buy” rating and a $80.00 target price on the stock. The consensus estimate for Beam Therapeutics’ current full-year earnings is ($4.57) per share. HC Wainwright also issued estimates for Beam Therapeutics’ Q4 2025 earnings at ($0.90) EPS, Q1 2026 earnings at ($0.88) EPS, Q2 2026 earnings at ($0.89) EPS, Q3 2026 earnings at ($0.89) EPS, Q4 2026 earnings at ($0.87) EPS, FY2026 earnings at ($3.53) EPS, FY2027 earnings at ($3.24) EPS, FY2028 earnings at ($2.11) EPS and FY2029 earnings at ($1.66) EPS.
Beam Therapeutics (NASDAQ:BEAM – Get Free Report) last announced its quarterly earnings results on Tuesday, November 4th. The company reported ($1.10) earnings per share for the quarter, missing the consensus estimate of ($0.98) by ($0.12). The business had revenue of $9.70 million during the quarter, compared to the consensus estimate of $12.83 million. Beam Therapeutics had a negative net margin of 744.41% and a negative return on equity of 42.86%. Beam Therapeutics’s revenue was down 32.2% compared to the same quarter last year. During the same period in the previous year, the business posted ($1.17) EPS.
Read Our Latest Stock Analysis on Beam Therapeutics
Beam Therapeutics Stock Up 0.3%
Shares of NASDAQ:BEAM opened at $23.15 on Friday. The business’s 50 day moving average is $23.87 and its 200 day moving average is $20.23. Beam Therapeutics has a 12-month low of $13.52 and a 12-month high of $35.25. The stock has a market cap of $2.35 billion, a price-to-earnings ratio of -5.23 and a beta of 2.40.
Institutional Investors Weigh In On Beam Therapeutics
Large investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in shares of Beam Therapeutics by 16.4% in the 1st quarter. Vanguard Group Inc. now owns 8,871,292 shares of the company’s stock worth $173,256,000 after purchasing an additional 1,249,303 shares during the period. ARK Investment Management LLC raised its stake in Beam Therapeutics by 4.3% in the 2nd quarter. ARK Investment Management LLC now owns 8,847,841 shares of the company’s stock valued at $150,502,000 after acquiring an additional 367,752 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its holdings in Beam Therapeutics by 2.1% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 4,830,738 shares of the company’s stock valued at $117,242,000 after purchasing an additional 101,294 shares during the last quarter. Nikko Asset Management Americas Inc. lifted its stake in shares of Beam Therapeutics by 10.7% during the 2nd quarter. Nikko Asset Management Americas Inc. now owns 4,726,799 shares of the company’s stock valued at $80,403,000 after buying an additional 456,779 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in Beam Therapeutics by 72.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,026,701 shares of the company’s stock worth $59,112,000 after buying an additional 1,273,559 shares during the period. Hedge funds and other institutional investors own 99.68% of the company’s stock.
Beam Therapeutics Company Profile
Beam Therapeutics Inc, a biotechnology company, engages in the development of precision genetic medicines for patients suffering from serious diseases in the United States. It develops BEAM-101 for the treatment of sickle cell disease or beta-thalassemia; and BEAM-302, a liver-targeting LNP formulation to treat severe alpha-1 antitrypsin deficiency; BEAM-201, an anti-CD7 CAR-T product candidate, which is in Phase 1/2 clinical trials for the treatment of refractory T-cell acute lymphoblastic leukemia/T cell lymphoblastic lymphoma; and BEAM-301, a liver-targeting LNP formulation for the treatment of glycogen storage disease 1a.
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