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.

BeOne Medicines AG

ONCNASDAQ
Wall Street Score · overall investment66/100
$366.06USD$-4.82 (-1.30%)
Company website beonemedicines.com
HeadquartersAeschengraben 27, Basel, PA, 4051, CH
Financial statement currencyUSD · no FX conversion applied
Healthcare · Biotechnology
Price updated todayFinancials updated Oct 12, 2026

ONC · Price history

Price at last available close

$366.06

−$0.94 (-0.26%) 1M

2026-10-27

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Company & revenue

About BeOne Medicines AG

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

Who they are

BeOne Medicines AG, an oncology company, engages in discovering and developing various treatments for cancer patients in the United States, China, Europe, and internationally. The company’s commercial stage products include BRUKINSA, a small molecule inhibitor of Bruton’s Tyrosine Kinase (BTK) for the treatment of various blood cancers; TEVIMBRA, an anti-PD-1 antibody immunotherapy for the treatment of various solid tumor and blood cancers; SYLVANT for the treatment of adult patients with multicentric castleman disease; BAITUOWEI for patients with BC in premenopausal and perimenopausal women, and cancer; and PARTRUVIX for the treatment of various solid tumors. Its clinical stage products comprise Sonrotoclax BGB-11417, a small molecule Bcl-2 inhibitor; BGB-16673, a BTK targeting chimeric degradation activation compound active against wild type and mutant BTK; BG-60366, an EGFR-targeted CDAC; BG-89894 (SYH2039), a MAT2A Inhibitor; BGB-58067, an MTA-Cooperative PRMT5 Inhibitor; BG-T187 and BG-C0902, an anti-EGFRxMET trispecific antibody; BGB-26808, a HPK-1 Inhibitor; BGB-C354, an anti-B7H3 ADC; Zanidatamab, a bispecific HER2-targeted antibody; BG-C137, an anti-FGFR2b ADC; BGB-53038, a Pan-KRAS Inhibitor; BGB-B2033, an anti-GPC3x4-1BB bispecific antibody; BGB-B3227, an anti-MUC1xCD16A bispecific antibody; BG-C477, an anti-CEAADC; BGB-43395, a CDK4 Inhibitor; BG-68501, a CDK2 Inhibitor; BG-C9074, an anti-B7H4 ADC; BGB-21447, a Bcl-2 Inhibitor; and BGB-45035, an IRAK4-targeted CDAC.

How they make money

BeOne Medicines is a global oncology company that discovers, develops, and commercializes innovative cancer treatments. It generates revenue primarily through the sale of its proprietary pharmaceutical products and through strategic collaborations and licensing agreements with other pharmaceutical companies.

Products & services

The company develops and markets oncology therapies including BRUKINSA (zanubrutinib), TEVIMBRA (tislelizumab), and a pipeline of solid tumor and hematology assets.

Brands & revenue mix

BRUKINSA

A foundational medicine for the treatment of various hematological malignancies.

Separate brand revenue is not available in this research.Source

TEVIMBRA

A key asset in the company's solid tumor pipeline.

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

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

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

Customer types

Customer concentration

The company does not disclose specific customer concentration percentages in its 2025 annual report.

Suppliers, materials & equipment

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

Business relationships & partnerships

  • Novartis Pharma AG — A market development agreement under which Novartis has rights to promote and market certain products in China.Source

Competitors

  • AstraZeneca — Competes in the oncology market with various hematology and solid tumor therapies.Source
  • AbbVie — Competes in the hematology oncology space, particularly in CLL treatments.Source

Strengths

  • Global commercial organizationSource
  • Strong financial position with significant cash reservesSource

Risks

  • Dependence on clinical trial success and regulatory approvalsSource
  • Intense competition in the oncology pharmaceutical industrySource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

66

Fair

PoorElite

View category scores →

Company Quality

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

67

Fair

Financial Strength

54

Business Quality / Moat

66

Management

100

Growth Quality

72

Risk / Durability

32

Cheap for a Reason · Review the Risks

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?

80

Fair

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?

78/100

Building Historical Record

Model Score 78/100 — 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 mixed across its combined quality, valuation and risk inputs. Review the category scores to identify what is helping or hurting the result.

At today’s price, the WSS valuation framework currently reads as relatively attractive.

The model outlook is currently positive.

What we like
  • •Valuation scores attractively
What to watch
  • •Revenue fundamentals are weak
  • •Debt / balance-sheet profile needs attention

Company-specific research

Questions worth answering for ONC

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 ONC maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is ONC's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •How is ONC likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
  • •Is ONC's valuation discount tied to a temporary concern or to a longer-term business risk?
Business analysis: 16 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

66

0–100 · Fair

Opportunity Score

80

0–100 · Strong

Market Cap

$39.12B

P/E Ratio

4.6

EPS

$76.05

52-Week High

$385.22

52-Week Low

$253.95

Beta

0.52

Intrinsic Value

$2927.92

Analyst Target

$400.00

Shares Outstanding

113.4M

Total Revenue

$6.13B

Total Debt

$1.14B

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$45.61

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
51/ 100
-24 pts / 5d

Neutral / mixed momentum

5D -4.8% · 20D +0.2% · RSI 51 · Price vs 20D avg +0.2%
Volatility
30/ 100
+1 pts / 5d

Low movement

20D realized vol 33.9% · 60D 31.4% · Acceleration 1.08x
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 ONC.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Global commercial organization.
  • +Strong financial position with significant cash reserves.
  • +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 Biotechnology industry.
  • −Dependence on clinical trial success and regulatory approvals.
  • −Intense competition in the oncology pharmaceutical industry.

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
Fair66/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Fair

66

Tap for breakdown →

Weak

42

Debt Cost2.9%
Debt Reduction YoY-85.2%
Debt / Equity0.46x

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Weak

42

Revenue YoY14.7%
Revenue CAGR47.4%
Net Margin10.7%

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Fair

62

Asset Growth YoY38.3%
Liquidation/Share$45.61
Net Assets/MCap0.21x

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Poor

7

Earnings Yield1.7%
Buyback Yield0.0%
Debt Cost2.9%

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Elite

100

ROIC25.7%
ROE12.7%
ROA7.1%

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Fair

66

EPS Growth—
FCF/Share Growth—
Rev/Share Growth51.8%

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Elite

100

Intrinsic Value$2927.92
Value Reference$1756.76
MOS86.9%

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Fair

63

Revenue42
Moat66
Valuation100

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Elite

100

MOS %86.9%
Value Reference$1756.76
Deep Discount Reference$1171.17

Tap for breakdown →

Poor

39

Interest Coverage7.7x
ROIC25.7%
FCF Yield2.5%

Tap for breakdown →

Fair

61

Financial39
Valuation100
Debt42

Tap for breakdown →

Strong

77

Survival Years1.2 yrs
Current Ratio3.41x
FCF Margin17.6%

Tap for breakdown →

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Score Changes

3 historical score records available

Previous Score

66

Oct 1, 2026

Change

+0.1

points

Current Score

66

Oct 12, 2026

Category Changes

Revenue+0.2
Debt0
Assets+0.2
Capital0
Management0
Moat0
Valuation0
Buffett+0.1

ONC increased 0.1 points because overall fundamentals improved.

Projected Score

Projected Score

74

Projected Change

+8.2 points

Preliminary comparable-period financial changes suggest improvement of approximately 8.2 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Review model assumptions

This model estimate is more than three times the share price.

This is a formula-based estimate, not a verified fair value or price target. Check the earnings and growth assumptions.

Stored EPS: $76.05 · Growth assumption: 15.0% · Earnings multiplier: 38.5×.

Current Price

$366.06

Model Intrinsic Value

$2927.92

Difference

−$2561.87

-87.5% vs IV

Margin of Safety

87.5%

Value Reference: $1756.76
Deep Discount Reference: $1171.17

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$1.5B$3.0B$4.5B$6.0B

Additional Metrics

Operating Cash Flow

201520172019202120232025-$1.5B-$750M$0$750M$1.5B

Total Debt

201520172019202120232025$0$500M$1.0B$1.5B$2.0B

Total Assets

201520172019202120232025$0$2.5B$5.0B$7.5B$10.0B

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$6.13B$5.34B$3.81B$2.46B····························
Cost of Revenue$680.7M$668.5M$594.1M$379.9M····························
Gross Profit$5.45B$4.67B$3.22B$2.08B····························
Research & Development$2.29B$2.15B$1.95B$1.78B····························
SG&A Expenses$2.23B$2.08B$1.83B$1.51B····························
Operating Expenses$4.53B$4.23B$3.78B$3.29B····························
EBITDA$1.16B$616.8M-$361.2M-$738.2M····························
Operating Income$923.1M$447.1M-$568.2M-$1.21B····························
Interest Expense$72.6M$58.2M$0.00$0.00····························
Income Before Tax$868.1M$416.9M-$533.0M-$825.8M····························
Income Tax Expense$212.4M$129.9M$111.8M$55.9M····························
Net Income$655.7M$286.9M-$644.8M-$881.7M····························
Basic EPS$76.05$33.80$-6.12$-8.45····························
Basic Shares112M109M105M104M····························
Diluted Shares116M113M105M104M····························
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:Nov 5, 2026
Estimated EPS: $1.89Estimated revenue: $1.75B
Jun 30, 2026Q2FY2026

Revenue

$1.71B

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

$26.65

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

+11.5%

Cash Change

+85.0%

Margin Change

+6.7 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
  • Cash position grew

What Weakened

  • Debt increased

Potential Score Impact

Positive indicators included revenue growth, EPS growth, cash levels, net income margin. Pressure indicators included debt 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 29.6%. EPS increased 3072.6%. Cash increased 85.0%. Total debt increased 11.5%. Net income margin improved by 6.7 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

49

Smart Money

49

Number of Gurus

2

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.

Start 7-Day Free Trial

Historical Trends

3 historical records
Jul 24, 26Oct 1, 26Oct 12, 260255075100

Historical Score Chart

3 of 3 records shown

Wall Street Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Debt Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Revenue Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Asset Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Capital Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Management Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Moat Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Valuation Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Buffett Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Intrinsic Value

Jul 24, 26Oct 1, 26Oct 12, 26$1000.00$1500.00$2000.00$2500.00$3000.00

Value Reference

Jul 24, 26Oct 1, 26Oct 12, 26$600.00$900.00$1200.00$1500.00$1800.00

Margin of Safety %

Jul 24, 26Oct 1, 26Oct 12, 260.7%0.8%0.8%0.8%0.9%

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News

Rumor Mill · ONC

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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