Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Bristol-Myers Squibb Company

BMYNYSE
Wall Street Score · overall investment38/100
$60.49USD$-1.06 (-1.72%)
Company website www.bms.com
HeadquartersRoute 206 & Province Line Road, Princeton, NJ, 08543, US
Financial statement currencyUSD · no FX conversion applied
Healthcare · Drug Manufacturers - General
Price updated todayFinancials updated Oct 1, 2026

BMY · Price history

Price at last available close

$60.47

−$3.41 (-5.34%) 1M

2026-10-28

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Company & revenue

About Bristol-Myers Squibb Company

Primary reporting period: 2025-12-31 · Research updated Oct 5, 2026. A research update is not a new financial filing.

Who they are

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. Its significant pharmaceutical offerings include Revlimid, an oral immunomodulatory agent for multiple myeloma, and Eliquis, an oral anticoagulant crucial for reducing stroke risk and systemic embolism in non-valvular atrial fibrillation, as well as treating deep vein thrombosis and pulmonary embolism.

How they make money

Bristol Myers Squibb is a global biopharmaceutical company that discovers, develops, and delivers innovative medicines for patients with serious diseases. The company generates revenue primarily through the sale of pharmaceutical products across therapeutic areas including oncology, hematology, immunology, and cardiovascular disease.

Products & services

The company provides a portfolio of medicines including Eliquis, Opdivo, Revlimid, Orencia, Pomalyst, Yervoy, Reblozyl, Sprycel, Opdualag, Krazati, Augtyro, and Cobenfy.

Brands & revenue mix

Eliquis

Anticoagulant medication.

Separate brand revenue is not available in this research.Source

Opdivo

Immuno-oncology therapy.

Separate brand revenue is not available in this research.Source

Revlimid

Treatment for multiple myeloma.

Separate brand revenue is not available in this research.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Product / operating segments

EliquisUSD 14.44B30.0%

Period ended 2025-12-31Source

OpdivoUSD 10.05B20.9%

Period ended 2025-12-31Source

OrenciaUSD 3.71B7.7%

Period ended 2025-12-31Source

RevlimidUSD 2.95B6.1%

Period ended 2025-12-31Source

YervoyUSD 2.90B6.0%

Period ended 2025-12-31Source

Pomalyst/ImnovidUSD 2.73B5.7%

Period ended 2025-12-31Source

ReblozylUSD 2.33B4.8%

Period ended 2025-12-31Source

Other Growth BrandsUSD 1.92B4.0%

Period ended 2025-12-31Source

BreyanziUSD 1.36B2.8%

Period ended 2025-12-31Source

OpdualagUSD 1.19B2.5%

Period ended 2025-12-31Source

CamzyosUSD 1.07B2.2%

Period ended 2025-12-31Source

Other Legacy BrandsUSD 798.00M1.7%

Period ended 2025-12-31Source

ZeposiaUSD 577.00M1.2%

Period ended 2025-12-31Source

SprycelUSD 493.00M1.0%

Period ended 2025-12-31Source

AbecmaUSD 427.00M0.9%

Period ended 2025-12-31Source

AbraxaneUSD 368.00M0.8%

Period ended 2025-12-31Source

SotyktuUSD 291.00M0.6%

Period ended 2025-12-31Source

Opdivo OvantigUSD 238.00M0.5%

Period ended 2025-12-31Source

KrazatiUSD 205.00M0.4%

Period ended 2025-12-31Source

CobenfyUSD 155.00M0.3%

Period ended 2025-12-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

Disclosed major customers

  • McKesson CorporationSource
  • Cencora, Inc. (formerly AmerisourceBergen)Source
  • Cardinal Health, Inc.Source

Customer concentration

The company reported that three major wholesalers, McKesson, Cencora, and Cardinal Health, accounted for approximately 65% of its total consolidated net revenues for the year ended December 31, 2025.

Suppliers, materials & equipment

  • Contract Manufacturing Organizations — The company utilizes various third-party contract manufacturers for the production of active pharmaceutical ingredients and finished drug products; specific supplier names are generally not disclosed.Source

Competitors

  • Merck & Co., Inc. — Competes in the oncology market, particularly with PD-1/PD-L1 inhibitors.Source
  • Pfizer Inc. — Competes in the cardiovascular and oncology markets.Source
  • Novartis AG — Competes in the hematology and immunology markets.Source

Strengths

  • Strong portfolio of high-growth innovative medicinesSource
  • Robust research and development pipelineSource

Risks

  • Patent expirations and loss of market exclusivitySource
  • Intense competition and pricing pressuresSource
  • Regulatory and legal uncertaintiesSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

38

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

60

Fair

Financial Strength

68

Business Quality / Moat

45

Management

95

Growth Quality

28

Risk / Durability

50

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

37

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

42/100

Building Historical Record

Model Score 42/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like

No strong positive signal is being highlighted from the currently available summary data.

What to watch
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak
  • •Asset quality is a weaker factor

Company-specific research

Questions worth answering for BMY

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can BMY maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is BMY's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Is BMY's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •What future growth or profitability would be needed to justify BMY's current valuation?
Business analysis: 23 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

38

0–100 · Weak

Opportunity Score

37

0–100 · Weak

Market Cap

$123.56B

P/E Ratio

13.7

EPS

$4.54

52-Week High

$68.64

52-Week Low

$42.52

Beta

0.23

Intrinsic Value

$51.75

Analyst Target

$65.00

Shares Outstanding

2.04B

Total Revenue

$49.19B

Total Debt

$43.12B

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$10.94

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
43/ 100
-6 pts / 5d

Weakening momentum

5D -1.1% · 20D -3.1% · RSI 53 · Price vs 20D avg +0.5%
Volatility
37/ 100
+1 pts / 5d

Normal movement

20D realized vol 36.4% · 60D 28.1% · Acceleration 1.30x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on BMY.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Strong portfolio of high-growth innovative medicines.
  • +Robust research and development pipeline.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Drug Manufacturers - General industry.
  • −Patent expirations and loss of market exclusivity.
  • −Intense competition and pricing pressures.
  • −Regulatory and legal uncertainties.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Weak38/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

38

Tap for breakdown →

Fair

57

Debt Cost4.0%
Debt Reduction YoY7.9%
Debt / Equity2.55x

Tap for breakdown →

Poor

24

Revenue YoY2.1%
Revenue CAGR3.5%
Net Margin18.9%

Tap for breakdown →

Poor

26

Asset Growth YoY-2.8%
Liquidation/Share$10.94
Net Assets/MCap0.35x

Tap for breakdown →

Fair

61

Earnings Yield7.3%
Buyback Yield2.6%
Debt Cost4.0%

Tap for breakdown →

Elite

95

ROIC18.3%
ROE41.6%
ROA10.6%

Tap for breakdown →

Weak

45

EPS Growth6.9%
FCF/Share Growth5.6%
Rev/Share Growth4.8%

Tap for breakdown →

Poor

26

Intrinsic Value$51.75
Value Reference$31.05
MOS-18.8%

Tap for breakdown →

Weak

47

Revenue24
Moat45
Valuation26

Tap for breakdown →

Poor

0

MOS %-18.8%
Value Reference$31.05
Deep Discount Reference$20.70

Tap for breakdown →

Poor

26

Interest Coverage7.3x
ROIC18.3%
FCF Yield10.1%

Tap for breakdown →

Poor

35

Financial26
Valuation26
Debt57

Tap for breakdown →

Weak

49

Survival Years0.8 yrs
Current Ratio1.26x
FCF Margin26.7%

Tap for breakdown →

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Score Changes

5 historical score records available

Previous Score

37

Sep 9, 2026

Change

+0.4

points

Current Score

38

Oct 1, 2026

Category Changes

Revenue+0.4
Debt0
Assets+0.4
Capital+3.0
Management0
Moat+0.7
Valuation0
Buffett+0.2

BMY increased 0.4 points because Capital improved by 3 points.

Positive Contributors

  • + Capital improved by 3 points

Projected Score

Projected Score

42

Projected Change

+4.0 points

Preliminary comparable-period financial changes suggest improvement of approximately 4.0 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Overvalued

Current Price

$60.49

Model Intrinsic Value

$51.75

Difference

+$8.74

+16.9% vs IV

Margin of Safety

-16.9%

UndervaluedFair ValueOvervalued
Value Reference: $31.05
Deep Discount Reference: $20.70

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$15.0B$30.0B$45.0B$60.0B

Additional Metrics

Operating Cash Flow

201520172019202120232025$0$4.5B$9.0B$13.5B$18.0B

Total Debt

201520172019202120232025$0$15.0B$30.0B$45.0B$60.0B

Total Assets

201520172019202120232025$0$35.0B$70.0B$105.0B$140.0B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$49.19B$48.20B$48.30B$45.01B····························
Cost of Revenue$14.68B$13.94B$20.87B$19.65B····························
Gross Profit$34.51B$34.26B$27.43B$25.36B····························
Research & Development$10.72B$9.95B$9.78B$9.21B····························
SG&A Expenses$7.41B$7.27B$7.87B$7.68B····························
Operating Expenses$20.61B$20.54B$17.77B$16.89B····························
EBITDA$16.67B$15.23B$3.17B$19.37B····························
Operating Income$13.90B$13.72B$9.66B$8.47B····························
Interest Expense$1.73B$1.89B$1.95B$1.17B····························
Income Before Tax$11.91B$9.33B-$8.38B$8.44B····························
Income Tax Expense$2.63B$2.27B$554.0M$400.0M····························
Net Income$9.28B$7.05B-$8.95B$8.03B····························
Basic EPS$4.54$3.46$-4.41$3.88····························
Basic Shares2.04B2.04B2.03B2.07B····························
Diluted Shares2.05B2.04B2.03B2.08B····························
Upgrade to Premium for up to 10 annual periods, where available.
Upgrade to Premium

Earnings Summary

Estimated earnings date:Oct 29, 2026
Estimated EPS: $1.68Estimated revenue: $12.62B
Jun 30, 2026Q2FY2026

Revenue

$12.97B

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

$1.62

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

-15.3%

Cash Change

-30.8%

Margin Change

+14.9 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Margins expanded
  • Debt reduced

What Weakened

  • Cash position declined

Potential Score Impact

Positive indicators included revenue growth, EPS growth, debt levels, net income margin. Pressure indicators included cash levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue increased 5.7%. EPS increased 153.1%. Cash declined 30.8%. Total debt declined 15.3%. Net income margin improved by 14.9 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 120 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

47

Smart Money

47

Number of Gurus

4

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Loading data...

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

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Historical Trends

5 historical records
Jul 23, 26Aug 12, 26Sep 2, 26Sep 9, 26Oct 1, 260255075100

Historical Score Chart

3 of 5 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 2 more records and the complete score history.Start Free Trial

Wall Street Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Debt Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Revenue Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Asset Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Capital Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Management Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Moat Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Valuation Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Buffett Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Intrinsic Value

Sep 2, 26Sep 9, 26Oct 1, 26$49.00$50.00$51.00$52.00$53.00

Value Reference

Sep 2, 26Sep 9, 26Oct 1, 26$29.00$30.00$31.00$32.00$33.00

Margin of Safety %

Sep 2, 26Sep 9, 26Oct 1, 26-0.3%-0.3%-0.3%-0.2%-0.2%

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News

Rumor Mill · BMY

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

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