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Added to YB: 2026-06-03

Pitch date: 2026-06-01

BMY [neutral]

Bristol-Myers Squibb Company

-0.58%

current return

Author Info

Company Info

Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide.

Market Cap

$112.2B

Pitch Price

$54.78

Price Target

N/A

Dividend

N/A

EV/EBITDA

N/A

P/E

15.39

EV/Sales

N/A

Sector

Pharmaceuticals

Category

N/A

Show full summary:
The last Bristol Myers' blog post was wrong on the core thesis

BMY (update): Hempton admits prior thesis wrong—ivonescimab (Akeso/Summit PDL1-VEGF bispecific) showed statistically significant 4.2mo OS benefit vs Tevimbra+chemo in HARMONI-6 (27.9mo median). Caveat: Chinese-only data, awaiting US trial. BMY/BioNTech bispecific had concerning inverse dose response.

Read full article (2 min)