Wall Street analyst estimates for Bristol-Myers Squibb Company (BMY): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Bristol-Myers Squibb Company operates as a global biopharmaceutical entity, actively involved in the research, development, licensing, production, and worldwide commercialization of its medicinal portfolio. The company's therapeutic areas span hematology, oncology, cardiovascular health, immunology, fibrotic conditions, neuroscience, and infectious diseases like COVID-19.
Consensus price target
$66.08 (+6 % vs price $62.48)
between $41.00 and $78.00 · 12 targets published in the last quarter
Closing price, Oct 30
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $50.1B | $49.2B – $50.4B | $6.42 | 16 |
| 2027E | $48.7B | $47.6B – $50.2B | $6.65 | 15 |
| 2028E | $40.6B | $35.5B – $45.9B | $5.33 | 8 |
Figures in USD · consensus as of November 1, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 19 |
| Hold | 21 |
| Sell | 2 |
| Strong Sell | 0 |
| Total analysts | 42 |
| Avg rating (−2 sell to +2 buy) | 0.41 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2027-02-04 | $1.52 | ||
| 2026-10-29 | $1.35 | $1.10 | +22.7% |
| 2026-07-30 | $2.04 | $1.60 | +27.5% |
| 2026-04-30 | $1.58 | $1.42 | +11.3% |
| 2026-02-05 | $1.26 | $1.23 | +2.4% |
| 2025-10-30 | $1.63 | $1.52 | +7.2% |
| 2025-07-31 | $1.46 | $1.09 | +33.9% |
| 2025-04-24 | $1.80 | $1.49 | +20.8% |
Valuation Ratios
| P/E Ratio | 13.85 |
| Price / Book | 5.45 |
| Dividend Yield | 4.03% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.43B | $20.78B | $22.56B | $26.14B | $42.52B | $46.38B | $46.16B | $45.01B | $48.30B | $48.20B |
| Cost of Revenue | $4.97B | $6.01B | $6.47B | $8.08B | $11.77B | $9.94B | $10.14B | $10.69B | $13.97B | $13.94B |
| Gross Profit | $14.46B | $14.76B | $16.09B | $18.07B | $30.75B | $36.45B | $36.02B | $34.31B | $34.33B | $34.26B |
| Research & Development | $5.01B | $6.47B | $6.33B | $6.15B | $11.14B | $10.20B | $9.51B | $9.30B | $11.16B | $9.95B |
| Selling, General & Admin | $4.98B | $4.75B | $4.55B | $4.87B | $7.66B | $7.69B | $7.81B | $7.77B | $8.41B | $7.27B |
| Operating Expenses | $9.99B | $11.32B | $10.98B | $12.15B | $28.57B | $27.91B | $26.92B | $26.12B | $28.45B | $20.54B |
| Operating Income | $4.47B | $3.45B | $5.11B | $5.91B | $2.18B | $8.54B | $9.10B | $8.20B | $5.89B | $13.72B |
| EBITDA | $6.46B | $6.12B | $6.79B | $7.38B | $4.93B | $20.12B | $19.22B | $19.37B | $3.17B | $15.23B |
| Interest Expense | $167.0M | $196.0M | $183.0M | $656.0M | $1.42B | $1.33B | $1.23B | $1.17B | $1.95B | $1.89B |
| Pre-tax Income | $5.92B | $5.13B | $5.97B | $4.97B | -$6.87B | $8.10B | $7.71B | $8.44B | -$8.38B | $9.33B |
| Income Tax | $1.41B | $4.16B | $1.02B | $1.51B | $2.12B | $1.08B | $1.37B | $400.0M | $554.0M | $2.27B |
| Net Income | $4.46B | $1.01B | $4.92B | $3.44B | -$9.02B | $6.99B | $6.33B | $8.03B | -$8.95B | $7.05B |
| EPS | $2.67 | $0.61 | $3.03 | $2.02 | -$3.98 | $3.15 | $2.97 | $3.88 | -$4.41 | $3.46 |
| EPS (Diluted) | $2.65 | $0.61 | $3.03 | $2.01 | -$3.98 | $3.12 | $2.95 | $3.86 | -$4.41 | $3.45 |
| Shares Outstanding (Diluted) | 1,680.0 M | 1,652.0 M | 1,637.0 M | 1,712.0 M | 2,258.0 M | 2,245.0 M | 2,146.0 M | 2,078.0 M | 2,027.0 M | 2,041.0 M |
Price
| Price | $62.48 (closing price, October 30, 2026) |
| Market Cap | $127.7B |
| Exchange | NYSE |
| Country | US |
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