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Robert W. Baird Sticks to Their Buy Rating for Blueprint Medicines (BPMC)

Robert W. Baird Sticks to Their Buy Rating for Blueprint Medicines (BPMC)

In a report released today, Joel Beatty from Robert W. Baird maintained a Buy rating on Blueprint Medicines (BPMCResearch Report), with a price target of $131.00. The company’s shares opened today at $127.85.

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According to TipRanks, Beatty is a 5-star analyst with an average return of 12.6% and a 48.98% success rate. Beatty covers the Healthcare sector, focusing on stocks such as Neurogene, Argenx Se, and ACADIA Pharmaceuticals.

In addition to Robert W. Baird, Blueprint Medicines also received a Buy from Wells Fargo’s Derek Archila in a report issued yesterday. However, today, Barclays maintained a Hold rating on Blueprint Medicines (NASDAQ: BPMC).

Based on Blueprint Medicines’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $149.41 million and a net profit of $496 thousand. In comparison, last year the company earned a revenue of $96.12 million and had a net profit of $89.14 million

Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BPMC in relation to earlier this year. Most recently, in March 2025, Jeffrey Albers, a Director at BPMC sold 5,766.00 shares for a total of $512,020.80.

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