Skip to Content

Bristol-Myers Squibb Company BMY

Rating as of

Morningstar’s Analysis

Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price


5-Star Price


Economic Moat




Bristol Posts Steady Q2 Despite COVID-19 Headwinds, While the Pipeline Continues to Progress

Damien Conover, CFA Sector Director

Analyst Note

| Damien Conover, CFA |

Bristol reported second-quarter results that exceeded both our and S&P CapIQ consensus on the bottom line, but we don’t expect any change to our fair value estimate based on the minor outperformance. We continue to view Bristol as undervalued, with the market not likely appreciating the firm’s strong pipeline that also supports the firm’s wide moat rating.

Read Full Analysis

Company Profile

Business Description

Bristol-Myers Squibb discovers, develops, and markets drugs for various indications, such as cardiovascular, oncology, and immune disorders. A key focus for Bristol is immuno-oncology, where the firm is leading in drug development. Unlike some of its more diversified peers, Bristol has exited several nonpharmaceutical businesses to focus on branded specialty drugs, which tend to support strong pricing power.

430 East 29th Street, 14th Floor
New York, NY, 10016
T +1 212 546-4000
Sector Healthcare
Industry Drug Manufacturers - General
Most Recent Earnings Jun 30, 2020
Fiscal Year End Dec 31, 2020
Stock Type High Yield
Employees 30,000