Bristol-Myers Squibb Co

BMY: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Bristol-Myers Squibb Earnings: Pipeline Catalysts Spilling Into 2027, but No Change to Our Valuation

Karen Andersen

Jul 30, 2026

Bristol shares were flat after it reported 6% second-quarter sales growth and raised 2026 sales and EPS guidance, including higher guided growth for cardiovascular drug Eliquis. Trial readouts for Cobenfy (Alzheimer's-related psychosis) and milvexian (atrial fibrillation) are now expected in 2027.

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Bristol-Myers Squibb Co

Bristol-Myers Squibb Earnings: Pipeline Catalysts Spilling Into 2027, but No Change to Our Valuation

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