Beam Therapeutics Inc

Beam Therapeutics Inc

BEAM · NASDAQ · Healthcare / Biotechnology

22.83USD-1.20 (-4.99%)

Price History

Full chart

Market Stats

Previous Close24.03
Open24.03
Day Range22.81 – 24.06
52-Week Range20.23 – 38.26
Volume2.05M
Market Cap2.57B
P/E (TTM)0.00
Forward P/E0.00
EPS-0.68
Dividend Yield0.00%
Beta2.20
50-Day Avg25.91
200-Day Avg28.23

About

Beam Therapeutics Inc., a biotechnology company, engages in the development of precision genetic medicines for patients suffering from serious diseases in the United States. Its programs in hematology and genetic disease portfolio include Ristoglogene autogetemcel, a patient-specific, autologous hematopoietic stem cell (HSC) therapy for the treatment of sickle cell disease; BEAM-302, a liver-targeting lipid nanoparticle (LNP) for the treatment of severe alpha-1 antitrypsin deficiency; BEAM-304, a liver-targeting LNP for the treatment of phenylketonuria; and BEAM-301, a liver-targeting LNP formulation for the treatment of glycogen storage disease type 1a. The company also develops the ESCAPE platform, which combines antibody-based conditioning with multiplex gene edited HSCs. In addition, it develops BEAM-103, an anti-CD117 monoclonal antibody that enables ESCAPE. The company has research collaboration agreement with Pfizer Inc., focusing on in vivo base editing programs for targets rare genetic diseases of the liver, muscle, and central nervous system; Verve Therapeutics, Inc., for cardiovascular disease treatments; and Orbital Therapeutics to design RNA for the prevention, treatment, or diagnosis of human disease. Beam Therapeutics Inc. was incorporated in 2017 and is based in Cambridge, Massachusetts.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEOMr. John M. Evans M.B.A.
  • Employees540
  • Headquarters238 Main Street, Cambridge, MA, United States, 02142, USA
  • Websitehttps://beamtx.com

Leadership

  • Mr. John M. Evans M.B.A.CEO & Director · b. 1978
  • Dr. Giuseppe Ciaramella Ph.D.President · b. 1969
  • Mr. Sravan Kumar EmanyChief Financial Officer · b. 1978
  • Dr. Christine P. Bellon J.D., Ph.D.Chief Legal Officer & Corporate Secretary · b. 1966
  • Dr. Amy Simon M.D.Chief Medical Officer · b. 1965
  • Dr. Feng Zhang Ph.D.Co-Founder
  • Dr. David R. Liu Ph.D.Co-Founder
  • Dr. J. Keith Joung M.D., Ph.D.Co-Founder
  • Ms. Bethany J. Cavanagh M.B.A.Senior VP of Finance, Treasurer & Principal Accounting Officer
  • Dr. Manmohan Singh Ph.D.Chief Technology Officer

Financials

Income Statement

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-018.00K24.00K51.84M60.92M377.71M63.52M139.74M
Growth (%)---+33.33%+215916.67%+17.51%+520.01%-83.18%+120.01%
Cost of Revenue11.00K33.87M54.62M103.18M232.13M311.59M437.38M367.56M22.29M
Gross Profit-11.00K-33.87M-54.60M-103.16M-180.29M-250.67M377.71M-304.04M117.45M
Gross Margin---303338.89%-429812.50%-347.75%-411.48%100.00%-478.67%84.05%
Operating Expense8.59M11.87M20.55M29.60M212.18M87.81M554.19M111.53M501.14M
Operating Income-8.60M-45.74M-75.15M-132.76M-392.46M-338.48M-176.49M-415.57M-383.69M
Operating Margin---417522.22%-553166.66%-757.01%-555.61%-46.73%-654.25%-274.57%
EBITDA-8.59M-45.09M-71.65M-128.02M-230.06M-271.53M-111.15M-354.78M-13.96M
EBITDA Margin---398061.11%-533437.50%-443.76%-445.72%-29.43%-558.55%-9.99%
Net Income-8.73M-115.26M-78.33M-194.59M-370.64M-289.09M-132.53M-376.74M-79.99M
Net Income Margin---435144.44%-810800.00%-714.91%-474.54%-35.09%-593.13%-57.24%
R&D5.86M33.87M54.62M103.18M387.09M311.59M437.38M367.56M409.62M
R&D as % of Total Revenue--303438.89%429912.50%746.64%511.48%115.80%578.67%293.12%
Interest Expense00187.00K1.57M9.00K15.30M46.68M49.09M43.73M
Interest Expense % of Total Revenue--1038.89%6533.33%0.02%25.11%12.36%77.29%31.30%

Balance Sheet

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.40M167.01M156.10M451.68M1.47B1.34B1.46B1.10B1.48B
Total Liabilities6.58M32.98M55.15M206.12M647.72M608.24M478.38M370.28M242.82M
Total Equity-4.18M134.03M100.94M245.56M826.74M733.47M981.33M733.54M1.24B
Cash1.90M146.44M37.22M162.17M559.99M232.77M435.89M281.97M294.94M
Total Debt1.01M-31.24M107.64M147.64M179.00M172.69M161.43M293.88M
Net Debt-891.00K-146.44M-5.98M-54.53M-412.35M-53.76M-263.21M-120.54M-1.06M

Cash Flow

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-2.71M-20.30M-72.00M-95.74M-66.27M22.53M-149.19M-347.25M-345.10M
Investing Cash Flow-346.00K-13.42M-66.66M-100.12M-294.14M-461.34M71.84M185.01M-121.44M
Financing Cash Flow4.98M179.73M41.28M322.32M756.14M111.59M276.45M7.74M478.05M
Capital Expenditure346.00K13.12M12.52M16.36M46.81M48.95M33.73M8.95M14.95M
Free Cash Flow-3.05M-33.42M-84.52M-112.10M-113.08M-26.42M-182.93M-356.19M-360.05M
Dividends Paid--12.71M------
FCF to OCF112.78%164.66%117.39%117.08%170.64%-117.30%122.61%102.58%104.33%
Dividend Paid to FCF---15.04%------

Earnings

Report DateSep 27, 2019Nov 27, 2019Mar 30, 2020May 12, 2020Aug 12, 2020Nov 10, 2020Mar 15, 2021May 11, 2021Aug 10, 2021Nov 8, 2021Feb 28, 2022May 9, 2022Aug 9, 2022Nov 7, 2022Feb 28, 2023May 10, 2023Aug 8, 2023Nov 8, 2023Feb 27, 2024May 7, 2024Aug 6, 2024Nov 5, 2024Feb 25, 2025May 6, 2025Aug 5, 2025Nov 4, 2025Feb 24, 2026May 7, 2026Aug 4, 2026Nov 3, 2026
EPS Estimate0.000.00-0.52-0.48-0.51-0.54-0.67-0.75-0.74-0.72-1.03-1.34-1.02-1.09-1.33-1.30-1.38-1.27-1.01-1.39-1.12-1.18-1.22-1.17-1.09-1.01-1.01-1.011.00-1.16
EPS Actual-0.45-1.44-4.47-1.03-0.69-0.69-1.69-3.35-1.23-0.42-0.95-1.01-1.02-1.56-0.54-1.33-1.08-1.221.73-1.21-1.11-1.17-1.09-1.24-1.00-1.102.33-0.91-1.18-
Surprise---759.62%-114.58%-35.29%-27.78%-152.24%-346.67%-66.22%41.67%7.77%24.63%0.00%-43.12%59.40%-2.31%21.74%3.94%271.29%12.95%0.89%0.85%10.35%-5.98%8.26%-8.91%330.69%9.90%-218.00%-
Timing--Pre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap2.57B
Enterprise Value1.55B
Trailing P/E0.00
Forward P/E0.00
Price / Sales16.48
Price / Book2.30
EPS-0.68
Book Value10.69
Revenue (TTM)156.04M
Gross Profit (TTM)-252.63M
EBITDA-355.78M
Profit Margin-55.45%
Operating Margin-25827.14%
Return on Equity-8.18%
Return on Assets-17.01%
Shares Outstanding103.29M
Shares Float88.33M
Beta2.20
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 15 analystsTarget 49.31
  • Strong Buy
    12
  • Buy
    1
  • Hold
    2

Ownership Breakdown

Institutions
107.88%
Insiders
1.20%
Retail / Other
0.00%

Top Institutional Holders

  • FMR Inc
    12.61M12.21%
  • Farallon Capital Management, L.L.C.
    10.24M9.91%
  • ARK Investment Management LLC
    10.23M9.91%
  • BlackRock Inc
    9.00M8.71%
  • State Street Corp
    5.83M5.64%
  • Vanguard Portfolio Management, LLC
    4.92M4.76%
  • Vanguard Capital Management, LLC
    4.60M4.45%
  • ARCH VENTURE CORP
    4.54M4.40%
  • Amova Asset Management Americas, Inc
    3.46M3.35%
  • Sumitomo Mitsui Trust Group Inc
    3.46M3.35%
  • T. Rowe Price Associates, Inc.
    3.42M3.31%
  • Kynam Capital Management, LP
    2.84M2.75%
  • Geode Capital Management, LLC
    2.60M2.51%

Top Fund Holders

  • ARK Innovation ETF
    7.36M7.12%
  • State Street® SPDR® S&P® Biotech ETF
    3.46M3.35%
  • Fidelity Growth Company Fund
    3.46M3.35%
  • Vanguard MStar Total Stk Mkt Idx Invest
    3.29M3.19%
  • ARK Genomic Revolution ETF
    2.66M2.57%
  • iShares Russell 2000 ETF
    2.57M2.49%
  • Vanguard Small Cap Index
    2.33M2.25%