BEAM - Beam Therapeutics Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$48.00
DETAILS
HIGH:
$80.00
LOW:
$26.00
MEDIAN:
$40.00
CONSENSUS:
$48.00
UPSIDE:
67.60%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| Revenue | 139.7 | 63.5 | 377.7 | 60.9 | 51.8 | 0.0 | 0.0 | 0 | 0 |
| Cost of Revenue | 22.3 | 367.6 | 0 | 311.6 | 232.1 | 103.2 | 54.6 | 33.9 | 0 |
| Gross Profit | 117.4 | (304.0) | 377.7 | (250.7) | (180.3) | (103.2) | (54.6) | (33.9) | 0 |
| Operating Expenses | |||||||||
| R&D Expenses | 409.6 | 367.6 | 437.4 | 311.6 | 387.1 | 103.2 | 54.6 | 33.9 | 5.9 |
| SG&A Expenses | 113.8 | 111.5 | 116.8 | 87.8 | 57.2 | 29.6 | 20.6 | 11.9 | 2.2 |
| Other Expenses | (22.3) | (367.6) | 0 | (311.6) | (232.1) | (103.2) | (54.6) | (33.9) | 0 |
| Operating Expenses | 501.1 | 111.5 | 554.2 | 87.8 | 212.2 | 29.6 | 20.6 | 11.9 | 8.6 |
| Operating Income | |||||||||
| Operating Income | (383.7) | (415.6) | (176.5) | (338.5) | (392.5) | (132.8) | (75.2) | (45.7) | (8.6) |
| Interest Expense | 43.7 | 0 | 0 | 0 | 0 | 0 | 0.2 | 0 | 0 |
| Interest Income | 0 | 49.1 | 0 | 0 | 0 | 1.6 | 2.5 | 0.3 | 0 |
| Profitability | |||||||||
| EBITDA | (29.9) | (393.6) | (147.0) | (324.3) | (230.1) | (128.0) | (71.7) | (45.1) | (8.6) |
| EBIT | (36.3) | (415.6) | (176.5) | (338.5) | (237.5) | (132.8) | (75.2) | (45.7) | (8.6) |
| Income Before Tax | (80.0) | (376.7) | (131.2) | (285.7) | (370.6) | (194.6) | (78.3) | (116.7) | (8.7) |
| Income Tax Expense | 0 | 0.0 | 1.4 | 3.4 | 0 | 0 | 0 | 0 | 0.5 |
| Net Income | (80.0) | (376.7) | (132.5) | (289.1) | (370.6) | (194.6) | (78.3) | (115.3) | (8.7) |
| Per Share Data | |||||||||
| EPS (Basic) | -0.81 | -4.58 | -1.72 | -4.13 | -5.77 | -5.49 | -1.53 | -3.28 | -0.62 |
| EPS (Diluted) | -0.81 | -4.58 | -1.72 | -4.13 | -5.77 | -5.49 | -1.53 | -3.28 | -0.62 |
| Shares Outstanding | 98.9 | 82.3 | 77.2 | 70.0 | 64.2 | 46.7 | 51.3 | 35.1 | 13.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||
| Cash & Cash Equivalents | 294.9 | 282.0 | 435.9 | 232.8 | 560.0 | 162.2 | 37.2 | 146.4 | 1.9 |
| Short-Term Investments | 950.3 | 568.8 | 754.0 | 845.4 | 405.7 | 137.5 | 54.6 | 0 | 0 |
| Net Receivables | 0 | 0 | 0 | 0 | 300 | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 27.4 | 21.2 | 14.8 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 1,268.7 | 878.1 | 1,211.0 | 1,092.9 | 1,273.0 | 308.3 | 94.5 | 148.3 | 2.0 |
| Non-Current Assets | |||||||||
| Property, Plant & Equipment | 205.2 | 216.3 | 237.8 | 234.1 | 187.0 | 125.4 | 43.2 | 16.9 | 0.3 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 6.7 | 0 | 0 | 0 | 0 | 0 | 0 | 1.5 | 0.0 |
| Other Non-Current Assets | 0.6 | 9.4 | 10.9 | 14.7 | 14.5 | 18.0 | 18.3 | 0.3 | 0 |
| Total Non-Current Assets | 212.5 | 225.7 | 248.7 | 248.8 | 201.4 | 143.4 | 61.6 | 18.7 | 0.4 |
| Total Assets | 1,481.2 | 1,103.8 | 1,459.7 | 1,341.7 | 1,474.5 | 451.7 | 156.1 | 167.0 | 2.4 |
| Current Liabilities | |||||||||
| Account Payables | 10.2 | 3.9 | 1.6 | 9.0 | 7.5 | 6.3 | 7.8 | 7.4 | 0.7 |
| Short-Term Debt | 14.4 | 0 | 0 | 0 | 2.3 | 2.1 | 1.3 | 0 | 1.0 |
| Deferred Revenue | 6.7 | 108.9 | 68.7 | 136.0 | 86.3 | 0.0 | 0 | 0 | (1.0) |
| Other Current Liabilities | 36.3 | 19.7 | 100.7 | 49.7 | 60.8 | 83.0 | 12.6 | 16.5 | 4.7 |
| Total Current Liabilities | 96.9 | 182.1 | 205.6 | 223.6 | 213.4 | 102.3 | 29.1 | 25.6 | 6.6 |
| Non-Current Liabilities | |||||||||
| Long-Term Debt | 139.8 | 0 | 0 | 0 | 3.0 | 5.3 | 4.4 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | (133.6) | 7.0 | 3.0 | 13.8 | 34.2 | 2.1 | 0.4 | 7.4 | 0.0 |
| Total Non-Current Liabilities | 145.9 | 188.2 | 272.8 | 384.6 | 434.3 | 103.8 | 26.0 | 7.4 | 0.0 |
| Total Liabilities | 242.8 | 370.3 | 478.4 | 608.2 | 647.7 | 206.1 | 55.2 | 33.0 | 6.6 |
| Stockholders' Equity | |||||||||
| Common Stock | 1.0 | 0.8 | 0.8 | 0.7 | 0.7 | 0.6 | 0.1 | 0.1 | 0.0 |
| Retained Earnings | (1,641.2) | (1,566.6) | (1,189.9) | (1,057.4) | (768.3) | (397.6) | (203.0) | (124.7) | (9.5) |
| Accumulated Other Comprehensive Income | 1.1 | 0.7 | 0.6 | (2.4) | (0.1) | (0.0) | 0.0 | (0.7) | (0.0) |
| Total Stockholders' Equity | 1,238.4 | 733.5 | 981.3 | 733.5 | 826.7 | 245.6 | 100.9 | 134.0 | (4.2) |
| Total Liabilities & Equity | 1,481.2 | 1,103.8 | 1,459.7 | 1,341.7 | 1,474.5 | 451.7 | 156.1 | 167.0 | 2.4 |
| Debt Metrics | |||||||||
| Total Debt | 293.9 | 161.4 | 172.7 | 179.0 | 147.6 | 107.6 | 31.2 | 0 | 1.0 |
| Net Debt | (1.1) | (120.5) | (263.2) | (53.8) | (412.4) | (54.5) | (6.0) | (146.4) | (0.9) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Net Income | (80.0) | (376.7) | (132.5) | (289.1) | (370.6) | (194.6) | (78.3) | (116.7) | (8.0) |
| Depreciation & Amortization | 22.3 | 21.9 | 20.0 | 14.1 | 7.5 | 4.7 | 3.5 | 0.7 | 0.0 |
| Stock-Based Compensation | 94.2 | 120.7 | 98.6 | 84.3 | 43.6 | 15.4 | 7.0 | 7.0 | 0.2 |
| Change in Working Capital | (131.0) | (110.2) | (116.5) | 251.6 | 111.3 | 5.3 | (10.7) | 10.1 | 0.7 |
| Other Non-Cash Items | (250.6) | (2.9) | (18.9) | (38.5) | 142.1 | 9.9 | 6.5 | 67.0 | 3.8 |
| Operating Cash Flow | (345.1) | (347.2) | (149.2) | 22.5 | (66.3) | (95.7) | (72.0) | (20.3) | (2.7) |
| Investing Activities | |||||||||
| Capital Expenditure | (14.9) | (8.9) | (33.7) | (49.0) | (46.8) | (16.4) | (12.5) | (13.1) | (0.3) |
| Acquisitions | (0.1) | 0 | 0 | 412.4 | 0.6 | 83.8 | 0 | 0 | 0 |
| Purchases of Investments | (1,209.8) | (486.4) | (984.3) | (1,617.0) | (777.2) | (282.4) | (130.2) | (0.3) | 0 |
| Sales/Maturities of Investments | 848.6 | 680.4 | 1,089.9 | 1,204.6 | 529.3 | 198.6 | 76.1 | 0 | 0 |
| Other Investing Activities | 254.7 | 0 | 0 | (412.4) | 0 | (83.8) | 0 | (0.3) | 0 |
| Investing Cash Flow | (121.4) | 185.0 | 71.8 | (461.3) | (294.1) | (100.1) | (66.7) | (13.4) | (0.3) |
| Financing Activities | |||||||||
| Net Debt Issuance | 0 | (0.5) | (2.3) | (2.3) | (2.1) | 1.7 | 5.7 | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | 8.5 | 5.6 | 0.8 | 1.1 | (2.3) | 0.0 | 0 |
| Financing Cash Flow | 478.0 | 7.7 | 276.4 | 111.6 | 756.1 | 322.3 | 41.3 | 179.7 | 5.0 |
| Cash Position | |||||||||
| Net Change in Cash | 11.5 | (154.5) | 199.1 | (327.2) | 395.7 | 126.5 | (97.4) | 146.0 | 1.9 |
| Cash at Beginning | 290.1 | 444.6 | 245.5 | 572.7 | 177.0 | 50.6 | 147.9 | 1.9 | 0 |
| Cash at End | 301.6 | 290.1 | 444.6 | 245.5 | 572.7 | 177.0 | 50.6 | 147.9 | 1.9 |
| Free Cash Flow | (360.0) | (356.2) | (182.9) | (26.4) | (113.1) | (112.1) | (84.5) | (33.4) | (3.1) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||
| Revenue | 139.7 | 63.5 | 377.7 | 60.9 | 51.8 | 0.0 | 0.0 | 0 | 0 |
| Gross Profit | 117.4 | (304.0) | 377.7 | (250.7) | (180.3) | (103.2) | (54.6) | (33.9) | 0 |
| Operating Income | (383.7) | (415.6) | (176.5) | (338.5) | (392.5) | (132.8) | (75.2) | (45.7) | (8.6) |
| Net Income | (80.0) | (376.7) | (132.5) | (289.1) | (370.6) | (194.6) | (78.3) | (115.3) | (8.7) |
| EPS (Diluted) | -0.81 | -4.58 | -1.72 | -4.13 | -5.77 | -5.49 | -1.53 | -3.28 | -0.62 |
| Balance Sheet | |||||||||
| Cash & Equivalents | 294.9 | 282.0 | 435.9 | 232.8 | 560.0 | 162.2 | 37.2 | 146.4 | 1.9 |
| Total Assets | 1,481.2 | 1,103.8 | 1,459.7 | 1,341.7 | 1,474.5 | 451.7 | 156.1 | 167.0 | 2.4 |
| Total Debt | 293.9 | 161.4 | 172.7 | 179.0 | 147.6 | 107.6 | 31.2 | 0 | 1.0 |
| Stockholders' Equity | 1,238.4 | 733.5 | 981.3 | 733.5 | 826.7 | 245.6 | 100.9 | 134.0 | (4.2) |
| Cash Flow | |||||||||
| Operating Cash Flow | (345.1) | (347.2) | (149.2) | 22.5 | (66.3) | (95.7) | (72.0) | (20.3) | (2.7) |
| Capital Expenditure | (14.9) | (8.9) | (33.7) | (49.0) | (46.8) | (16.4) | (12.5) | (13.1) | (0.3) |
| Free Cash Flow | (360.0) | (356.2) | (182.9) | (26.4) | (113.1) | (112.1) | (84.5) | (33.4) | (3.1) |