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Bristol-Myers Squibb Company ($BMY) Stock Forecast: Down 2.7% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is Bristol-Myers Squibb Company?

Bristol Myers Squibb Company (BMY) is a renowned biopharmaceutical company known for its innovative treatments and therapies. Today, the stock experienced a significant bearish movement in the market.

Why is Bristol-Myers Squibb Company going down?

BMY stock is down 2.7% on Mar 20, 2026 14:40

  • Union Bancaire Privee UBP SA, Mirabella Financial Services LLP, and CIBC Bancorp USA Inc. all increased their stakes in BMY, signaling confidence in the company's long-term prospects despite recent stock price fluctuations.
  • Bristol Myers Squibb reported quarterly earnings that missed analyst estimates but maintained its full-year EPS guidance and announced a quarterly dividend, which might have contributed to the bearish market movement.
  • The news about ImmunityBio's cancer therapy Anktiva gaining recognition and Evotec's AI-driven research reaching a critical milestone with a drug developed in partnership with BMY could have diverted investor attention from BMY, impacting its stock performance negatively.
  • Despite positive developments in the healthcare sector, including advancements in cancer therapies, BMY's stock faced downward pressure, possibly due to profit-taking or market uncertainties surrounding its recent financial results.

BMY Price Chart

BMY Technical Analysis

BMY News

Union Bancaire Privee UBP SA Boosts Stake in Bristol Myers Squibb Company $BMY

Union Bancaire Privee UBP SA significantly increased its stake in Bristol Myers Squibb Company (NYSE:BMY) by 3,477.6% in the fourth quarter, now holding 506,020 shares worth $25.69 million. This move comes as other institutional investors have also adjusted their positions in the biopharmaceutical company, which has seen some recent stock price movement and analyst re-ratings. Bristol Myers Squibb recently reported quarterly earnings that missed analyst estimates but maintained its full-year EPS guidance and announced a quarterly dividend.

https://www.marketbeat.com/instant-alerts/filing-union-bancaire-privee-ubp-sa-boosts-stake-in-bristol-myers-squibb-company-bmy-2026-03-20/

0 News Article Image Union Bancaire Privee UBP SA Boosts Stake in Bristol Myers Squibb Company $BMY

Bristol Myers Squibb Company $BMY Shares Purchased by Mirabella Financial Services LLP

Mirabella Financial Services LLP significantly increased its stake in Bristol Myers Squibb (BMY) by 158.6% in Q3, now holding 40,545 shares valued at approximately $1.83 million, contributing to institutional investors owning 76.41% of the stock. Despite missing Q3 EPS estimates at $1.26 versus $1.65, the company posted revenues slightly above expectations at $12.5 billion and announced a quarterly dividend of $0.63, yielding 4.3%. Analysts currently rate BMY as a "Hold" with an average price target of $61.41.

https://www.marketbeat.com/instant-alerts/filing-bristol-myers-squibb-company-bmy-shares-purchased-by-mirabella-financial-services-llp-2026-03-20/

1 News Article Image Bristol Myers Squibb Company $BMY Shares Purchased by Mirabella Financial Services LLP

CIBC Bancorp USA Inc. Makes New Investment in Bristol Myers Squibb Company $BMY

CIBC Bancorp USA Inc. has made a new investment in Bristol Myers Squibb (BMY), acquiring 280,805 shares valued at approximately $12.66 million. Institutional investors now hold about 76.41% of BMY stock, with several major firms significantly increasing their positions. Despite missing quarterly EPS estimates, the company's revenue beat expectations and it offers a quarterly dividend of $0.63, yielding approximately 4.3%.

https://www.marketbeat.com/instant-alerts/filing-cibc-bancorp-usa-inc-makes-new-investment-in-bristol-myers-squibb-company-bmy-2026-03-20/

2 News Article Image CIBC Bancorp USA Inc. Makes New Investment in Bristol Myers Squibb Company $BMY

IBRX Stock Set To Snap 2 Weeks In Red: Anktiva Joins Global Blockbusters On Macau Drug List

ImmunityBio's cancer therapy Anktiva has been added to Macau's drug list, placing it alongside other globally approved treatments. This development, coupled with its inclusion in updated U.S. treatment guidelines for bladder cancer, is helping IBRX stock recover from a recent losing streak. The company is actively pursuing global expansion and label expansion with the FDA after submitting additional clinical data.

https://stocktwits.com/news-articles/markets/equity/ibrx-stock-snap-losing-streak-anktiva-macau-drug-list/cZ3XLBrRIhU

3 Missing News Article Image IBRX Stock Set To Snap 2 Weeks In Red: Anktiva Joins Global Blockbusters On Macau Drug List

Evotec's AI-Driven Research Reaches Critical Clinical Milestone

Evotec has reached a critical clinical milestone as its AI-identified cancer drug, BMS-986506, developed in partnership with Bristol Myers Squibb, enters human trials for advanced renal cell carcinoma. This achievement triggers a $10 million payment for Evotec and validates its AI-powered drug discovery platforms. Despite this positive development, Evotec's stock performance has remained muted.

https://www.ad-hoc-news.de/boerse/news/ueberblick/evotec-s-ai-driven-research-reaches-critical-clinical-milestone/68922956

4 News Article Image Evotec's AI-Driven Research Reaches Critical Clinical Milestone

Bristol-Myers Squibb Company Price History

05.01.2026 - BMY Stock was up 5.7%

  • Bristol Myers Squibb's stock surged due to its fourth-quarter earnings surpassing analyst expectations, showcasing a strong financial performance.
  • Investor excitement was further boosted by the positive outlook provided by the company, reflecting confidence in its future growth prospects.
  • Revenue growth, particularly driven by successful immuno-oncology treatments, helped offset the decline in sales of older drugs, contributing to overall positive market sentiment.
  • The impressive performance in Q4 2025 and the promising outlook for 2026 underscored Bristol Myers Squibb's resilience in adapting to market changes and solidifying its position in the pharmaceutical industry.

05.01.2026 - BMY Stock was up 3.2%

  • Despite disappointments with Eliquis and Cobenfy, Bristol Myers Squibb's strong fourth-quarter earnings report and revenue beat have propelled its stock to a bullish movement.
  • The company's focus on its Growth Portfolio, featuring drugs like Opdivo and Reblozyl, has driven significant revenue growth and instilled confidence in investors.
  • Bristol Myers Squibb's strategic approach to leaning on new products and potential M&A opportunities to expand its therapeutic areas has resonated well with the market, leading to the positive market movement.
  • The company's ability to exceed analyst expectations and provide an optimistic outlook for future revenues has further fueled investor excitement and contributed to the bullish trend in its stock price.

03.11.2025 - BMY Stock was up 5.5%

  • Bristol Myers Squibb's stock surged by approximately 6% after announcing a delay in the readout of a crucial Phase 3 clinical trial for its drug Cobenfy, designed for Alzheimer's disease psychosis. The market reacted positively to this unexpected news, indicating investor optimism about the drug's potential success.
  • The decision to enroll more patients in the clinical trial demonstrates the company's commitment to ensuring data integrity and addressing unmet medical needs in Alzheimer's disease, further boosting investor confidence in Bristol Myers Squibb.
  • Additionally, the successful achievement of a drug discovery milestone in collaboration with Terray Therapeutics showcases Bristol Myers Squibb's dedication to leveraging innovative technologies like AI to accelerate drug discovery processes, potentially leading to the development of novel and effective treatments.
  • The continuation of the ADEPT-2 Phase 3 study in psychosis associated with Alzheimer's Disease, despite site irregularities, underlines Bristol Myers Squibb's adherence to rigorous clinical standards and its proactive approach to resolving challenges in clinical trials, reinforcing investor trust in the company's research and development efforts.

03.11.2025 - BMY Stock was up 5.1%

  • BMY's stock surged after a positive update on its late-stage clinical trial for treating psychosis associated with Alzheimer’s disease, signaling progress in its research endeavors.
  • A collaboration milestone with Terray Therapeutics highlights BMY's utilization of AI-enabled drug discovery technologies to accelerate small molecule drug development, potentially enhancing investor confidence.
  • Despite delays in the Adept-2 study for Cobenfy in Alzheimer's psychosis, efforts to rectify site irregularities and continue enrolling new patients demonstrate BMY's commitment to upholding clinical standards and addressing medical needs, possibly contributing to the stock's bullish performance.

05.00.2026 - BMY Stock was down 1.7%

  • Increased investments by Railway Pension Investments Ltd and CWA Asset Management Group LLC in Bristol Myers Squibb (BMY) may have hinted at uncertainties about the company's future performance, influencing the bearish trajectory.
  • While Bristol Myers Squibb exceeded Q3 earnings and revenue projections and raised its dividend, market sentiments may have been dampened by apprehensions regarding the company's growth outlook.
  • Favorable results from Zenas BioPharma's Phase 3 trial and the thriving Hair Loss Treatment Market could have drawn investor attention away from Bristol Myers Squibb, impacting its stock trajectory.
  • The optimistic forecast for the pharmaceutical sector, evidenced by growth prospects in the aminoglycosides market, might have steered investor focus elsewhere from Bristol Myers Squibb, contributing to the downward movement in its stock.

20.02.2026 - BMY Stock was down 2.7%

  • Union Bancaire Privee UBP SA, Mirabella Financial Services LLP, and CIBC Bancorp USA Inc. all increased their stakes in BMY, signaling confidence in the company's long-term prospects despite recent stock price fluctuations.
  • Bristol Myers Squibb reported quarterly earnings that missed analyst estimates but maintained its full-year EPS guidance and announced a quarterly dividend, which might have contributed to the bearish market movement.
  • The news about ImmunityBio's cancer therapy Anktiva gaining recognition and Evotec's AI-driven research reaching a critical milestone with a drug developed in partnership with BMY could have diverted investor attention from BMY, impacting its stock performance negatively.
  • Despite positive developments in the healthcare sector, including advancements in cancer therapies, BMY's stock faced downward pressure, possibly due to profit-taking or market uncertainties surrounding its recent financial results.

14.10.2025 - BMY Stock was down 5.5%

  • Despite strong performance in the third quarter, Bristol Myers Squibb experienced a bearish movement, possibly due to profit-taking by investors after a recent 7.2% increase in share price.
  • Jim Cramer's decision to back off on Bristol-Myers might have influenced investor sentiment, leading to a sell-off in the stock.
  • The market may be shifting focus towards other promising opportunities like Baidu and Alibaba, as mentioned by Jim Cramer, diverting attention away from Bristol-Myers Squibb in the short term.

06.01.2026 - BMY Stock was up 5.1%

  • Despite industry challenges, Bristol Myers Squibb (BMY) saw a strong bullish movement in its stock price.
  • Investor optimism towards BMY is likely driven by the company surpassing analysts' expectations for adjusted earnings and revenue in the fourth quarter.
  • The positive sentiment towards BMY could also be linked to the upcoming conference call to discuss financial results, hinting at potential positive developments or strategic plans.
  • This upward trend may indicate that investors are focusing on Bristol Myers Squibb's resilience and ability to navigate industry challenges, rather than broader market uncertainties impacting other pharmaceutical companies.

30.09.2025 - BMY Stock was up 5.0%

  • Investors are optimistic about BMY's upcoming Q3 earnings, expecting a boost from the rising demand for new therapies like Opdivo and Camzyos.
  • The market movement reflects confidence in BMY's ability to navigate through declines in legacy-drug sales by focusing on its newer, more promising treatments.
  • The bullish trend suggests that investors may be considering buying or holding BMY stock in anticipation of positive earnings results driven by the success of its innovative therapies.

30.09.2025 - BMY Stock was up 5.0%

  • BMY saw a positive uptrend after surpassing Q3 earnings and sales expectations, boosted by the success of key drugs including Opdivo, Reblozyl, and Breyanzi.
  • The decision to increase its 2025 sales forecast despite decreases in older drugs demonstrates confidence in its newer treatments and overall growth strategy.
  • Market sentiment is favorable towards BMY's performance, especially as the growing demand for cutting-edge medications like Opdivo and Camzyos offsets declines in older products.

03.09.2025 - BMY Stock was down 5.0%

  • BMY stock price dropped by 3.58% in the current session, continuing its downward trend over the past month and year.
  • The Price Over Earnings overview indicates a decline in the stock's performance, possibly raising concerns among long-term shareholders.
  • The bearish movement could be attributed to various factors such as disappointing earnings reports, regulatory setbacks, or broader market conditions impacting the pharmaceutical sector.

06.00.2026 - BMY Stock was up 5.1%

  • A recent collaboration between Gilead and OncoNano Medicine utilizing OncoNano's drug delivery platform may have attracted investor interest in the pharmaceutical sector, benefiting companies like Bristol Myers Squibb.
  • Robeco Institutional Asset Management B.V. raised its stake in BMY by 6.4% during the 3rd quarter, indicating a growing confidence in the company's future prospects, potentially influencing the bullish movement.
  • Despite some reduction in BMY position by D.A. Davidson & CO., the overall positive sentiment towards the company, especially post exceeding earnings estimates and offering strong guidance, likely overshadowed this sell-off.
  • The comparison between Zenas Biopharma's obexelimab and Amgen's Uplizna in the Phase 3 trial may have highlighted Bristol Myers Squibb's competitive edge or potential in the pharmaceutical market, fueling investor optimism and driving the stock price upwards.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.