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BioMarin Pharmaceutical Inc. (BMRN) Price Target Analysis

Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026

Current Price
$61.73
Market reference
Price Target
$82.00
+32.8% Upside
Target Range
$60.00 — $104.00
Wide divergence
Analyst Rating
Buy
40 analysts
Forward P/E15.4x
Trailing P/E34.3x
Forward PEG—
Implied Growth+126.1%
Median Target$84.00
Analyst Spread53.7%

Analysts see +32.8% upside to their consensus target of $82.00. The bullish rating consensus aligns with positive price target gap.

Price Forecast (1 Year)

Last 12 months price action with 12-month analyst target path

Current$61.73
Consensus$82.00
High$104.00
Low$60.00
Model$105.23
Bear Case
$60
-2.8%
Consensus
$82
+32.8%
Bull Case
$104
+68.5%
Valuation Model TargetsConfidence: 58/100
Bear$930
Base$105
Bull$-370

Analyst Ratings Distribution

Breakdown of 40 published analyst recommendations for BMRN

27/40 analysts are bullish
+34
BearishBullish
Weighted analyst sentiment score based on 40 ratings
ConsensusBuy
Coverage40 Analysts
Net Score+34
Bull / Bear68% / 0%
Strong Buy00%
Buy2768%
Hold1333%
Sell00%
Strong Sell00%
Strong Buy
00%
Buy
2768%
Hold
1333%
Sell
00%
Strong Sell
00%
Recommendation Mix68% Buy · 33% Hold · 0% Sell
Buy (27)Hold (13)Sell (0)

BMRN Price Target Analysis

Updated March 1, 2026

As of March 1, 2026, BioMarin Pharmaceutical Inc. (BMRN) has a Wall Street consensus price target of $82.00, based on estimates from 40 covering analysts. With the stock currently trading at $61.73, this represents a potential upside of +32.8%. The company has a market capitalization of $11.86B.

Analyst price targets range from a low of $60.00 to a high of $104.00, representing a 54% spread in expectations. The median target of $84.00 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.

The current analyst consensus rating is Buy, with 27 analysts rating the stock as a Buy or Strong Buy,13 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.

From a valuation perspective, BMRN trades at a trailing P/E of 34.3x and forward P/E of 15.4x. Analysts expect EPS to grow +126.1% over the next year.

Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $105.23, with bear and bull scenarios of $929.81 and $-369.68 respectively. Model confidence stands at 58/100, reflecting moderate uncertainty in projections.

Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Healthcare stocks.

Analyst Sentiment Comparison

Industry Peer Analysis
Avg Peer Upside+35.3%
Avg Forward P/E34.4x
Peers with Coverage10 / 10
CompanyMarket CapPriceTargetUpsideRatingFwd P/EAnalysts
BMRNBioMarin Pharmaceutical Inc.
$11.9B$61.73$82.00+32.8%Buy15.4x40
AGIOAgios Pharmaceuticals, Inc.$2.3T$30.23$41.50+37.3%Buy—29
VRTXVertex Pharmaceuticals Incorporated$126.2B$496.83$545.08+9.7%Buy25.7x55
ASNDAscendis Pharma A/S$14.3B$233.50$286.50+22.7%Buy49.1x24
BBIOBridgeBio Pharma, Inc.$12.9B$66.48$98.92+48.8%Buy—26
COGTCogent Biosciences, Inc.$6.3B$38.85$48.13+23.9%Buy—12
PTCTPTC Therapeutics, Inc.$5.5B$68.19$84.50+23.9%Buy—26
MIRMMirum Pharmaceuticals, Inc.$4.8B$92.29$114.20+23.7%Buy—18
FOLDAmicus Therapeutics, Inc.$4.4B$14.37$14.33-0.3%Buy47.4x24
CRNXCrinetics Pharmaceuticals, Inc.$3.9B$41.10$94.71+130.4%Buy—18

Upside Potential Comparison

CRNX
+130.4%
BBIO
+48.8%
AGIO
+37.3%
BMRN
+32.8%
PTCT
+23.9%
COGT
+23.9%
MIRM
+23.7%
ASND
+22.7%

See BMRN's True Return

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Is BMRN Undervalued?

See our Bear / Base / Bull DCF models and intrinsic value estimates.

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Compare BMRN vs AGIO

See how BMRN stacks up against sector leader Agios Pharmaceuticals, Inc..

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Frequently Asked Questions

What is the BMRN stock price target for 2026?

The consensus Wall Street price target for BMRN is $82, representing 32.8% upside from the current price of $61.73. With 40 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.

Is BMRN a buy, sell, or hold?

BMRN has a consensus rating of "Buy" based on 40 Wall Street analysts. The rating breakdown is predominantly bullish, with 27 Buy/Strong Buy ratings. The consensus 12-month price target of $82 implies 32.8% upside from current levels.

Is BMRN stock overvalued or undervalued?

With a forward P/E of 15.4487x, BMRN trades at a relatively low valuation. The consensus target of $82 implies 32.8% appreciation, suggesting meaningful undervaluation.

How high can BMRN stock go?

The most bullish Wall Street analyst has a price target of $104 for BMRN, while the most conservative target is $60. The consensus of $82 represents the median expectation. Our quantitative valuation model projects a bull case target of $-370 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

How many analysts cover BMRN stock?

BMRN is heavily covered by Wall Street, with 40 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 27 have Buy ratings, 13 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

What is the BMRN stock forecast?

The 12-month BMRN stock forecast based on 40 Wall Street analysts shows a consensus price target of $82, with estimates ranging from $60 (bear case) to $104 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $105, with bear/bull scenarios of $930/$-370.

What is BMRN's fair value based on fundamentals?

Our quantitative valuation model calculates BMRN's fair value at $105 (base case), with a bear case of $930 and bull case of $-370. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 58/100.

What is BMRN's forward P/E ratio?

BMRN trades at a forward P/E ratio of 15.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 34.3x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Should I buy BMRN stock?

Wall Street analysts are very optimistic on BMRN, with a "Buy" consensus rating and $82 price target (32.8% upside). 27 of 40 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

Why do BMRN price targets vary so much?

BMRN analyst price targets range from $60 to $104, a 54% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $82 consensus represents the middle ground. Our model's $930-$-370 range provides an independent fundamental perspective.

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