BridgeBio Pharma Inc

BBIO: XNAS (USA)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
##tLOCK|d?^LOCK|@jdzpB

BridgeBio Earnings: Acoramidis Awaits FDA Approval Outcome; Shares Undervalued

No-moat BridgeBio reported soft third-quarter results that generally aligned with our expectations for an early-stage biotech firm. After reviewing our model, we are slightly decreasing our fair value estimate by 4% to $35.20 per share from $36.70 due to a slow ramp-up of sales for acoramidis in the near term. However, shares appear undervalued at the current market price.

Sponsor Center