BEAM · NASDAQ · Biotechnology

Beam Therapeutics (BEAM)

Develops base-edited medicines for sickle cell disease and inherited metabolic disorders.

$26.02
vs last close+0.76 (+2.99%)
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Beam Therapeutics Inc.BEAM
Health Care

Develops base-edited genetic medicines led by risto-cel for sickle cell disease and BEAM-302 for alpha-1 antitrypsin deficiency, alongside earlier liver-targeted programs. Revenue comes from licenses and collaborations rather than product sales, while development spans ex vivo cell therapy and in vivo lipid-nanoparticle delivery.

Develops investigational genetic medicines using base editing, which makes targeted single-letter DNA changes without double-stranded breaks. The hematology franchise centers on risto-cel, an autologous cell therapy for sickle cell disease. The liver-targeted genetic disease franchise includes BEAM-302 for alpha-1 antitrypsin deficiency, BEAM-301 for glycogen storage disease type Ia, and BEAM-304 for phenylketonuria, using lipid-nanoparticle delivery for in vivo editing.

Combines editing, delivery, clinical development, and internal manufacturing capabilities across U.S. operations in Massachusetts and North Carolina. No medicine has been approved for sale, and revenue to date has come primarily from licensing and collaboration agreements. Progress depends on clinical results, regulatory approval, reliable manufacturing and delivery, collaboration terms, and intellectual-property protection; the business is managed as one operating and reportable segment.

Company facts

CEOJohn Evans
ListedFeb 6, 2020
ExchangeNASDAQ
HeadquartersCambridge, MA
CountryUnited States
Employees511
CIK0001745999
ISINUS07373V1052

Market cap$2.60B
EPS (ttm)−$0.8600
P/E (ttm)−29.37
ROE-7.7%
P/B2.43
P/S16.65
Dividend yieldDiv yield
Beta2.18vs XLV 1.06

Price target$59.50+135.6%Average of 27 analysts
ConsensusBuy18 of 27 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
May 21, 2026H.C. WainwrightTarget
Target:
Target: $80
May 13, 2026Tudor PickeringTarget
Target: $41
Target: $39
Feb 25, 2026RBC CapitalReiterate
Rating: Target:
Rating: Sector PerformTarget: $26
Feb 20, 2026Canaccord GenuityTarget
Target:
Target: $74
Jan 21, 2026Tudor PickeringTarget
Target: $37
Target: $41

Next report
Nov 3, 26
in 42 days
EPS estimate
−$1.16
Revenue estimate
$8.8M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported−$1.09−$1.24−$1.00−$1.10−$0.10−$0.91−$1.18Pending
Estimate−$1.25−$1.11−$1.04−$0.98−$1.13−$0.87−$1.11−$1.16
Surprise+12.8%−11.7%+3.8%−12.2%+91.2%−4.6%−6.3%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$30.1M$7.5M$8.5M$9.7M$114.1M$31.7M$490.0KPending
Estimate$16.5M$15.5M$11.5M$13.2M$11.7M$11.0M$16.4M$8.8M
Surprise+82.5%−51.9%−26.6%−26.6%+877.9%+189.1%−97.0%
Estimate−$1.16
ReportedDue Nov 3, 2026
Estimate$8.8M
ReportedDue Nov 3, 2026
View details

Debt to equity23.20%
Current ratio1,457.20%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$14.3M$30.1M$7.5M$8.5M$9.7M$114.1M$31.7M$490.0K
Net income−$96.7M−$90.4M−$109.3M−$102.3M−$112.7M$244.3M−$94.3M−$122.7M
Net margin0.0%0.0%0.0%0.0%0.0%214.1%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$106.5M−$100.0M−$119.3M−$120.2M−$126.8M−$17.4M−$107.2M−$126.6M
YoY growthLoss narrowedTurned lossLoss widenedLoss widenedLoss widenedLoss narrowedLoss narrowedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $1.15B · Total debt $247.4M · Total assets $1.39B · Shareholders' equity $1.07B

Revenue
$490.0K
Operating income
−$126.6M
Net income
−$122.7M
View details

No dividends on record.

Institutions≈ 106.15%109.64M shares
286 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders0.59%605.9K shares
5 holders · as of Jul 29, 2026
Adds to106.74%

103.29M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

These groups come from separate filings that can overlap, so they add to 106.74%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
FMR LLCInstitution
12.21%12.61Mas of Jun 30, 2026
Farallon Capital Management LLCInstitution
9.91%10.24Mas of Jun 30, 2026
Ark Investment Management LLCInstitution
9.91%10.23Mas of Jun 30, 2026
BlackRock, Inc.Institution
8.71%9.00Mas of Jun 30, 2026
State Street CorpInstitution
5.64%5.83Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jul 27, 2026Amy Simonofficer: Chief Medical Officer−16,667$25.74
Jun 30, 2026Amy Simonofficer: Chief Medical Officer−373$34.73
Jun 29, 2026John M. Evansdirector, officer: CEO−25,000$35.49
Jun 30, 2026John M. Evansdirector, officer: CEO−25,000$34.31
Jun 26, 2026FMR LLC10 percent owner, other: See Remark 1−251,488$35.26
View details

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