While Beta Bionics Inc has overperformed by 3.76%, investors are advised to look at stock chart patterns for technical insight.
On February 24, 2025, Stifel started tracking Beta Bionics Inc (NASDAQ: BBNX) recommending Buy. A report published by Piper Sandler on February 24, 2025, Initiated its previous ‘Overweight’ rating for BBNX. Leerink Partners also rated BBNX shares as ‘Outperform’, setting a target price of $28 on the company’s shares in an initiating report dated February 24, 2025. Lake Street Initiated an Buy rating on February 24, 2025, and assigned a price target of $30. BofA Securities initiated its ‘Buy’ rating for BBNX, as published in its report on February 24, 2025. Robert W. Baird’s report from February 20, 2025 suggests a price prediction of $20 for BBNX shares, giving the stock a ‘Neutral’ rating. Ladenburg Thalmann also rated the stock as ‘Neutral’.
Analysis of Beta Bionics Inc (BBNX)
Further, the quarter-over-quarter increase in sales is 111.25%, showing a positive trend in the upcoming months.
To gain a thorough understanding of Beta Bionics Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. Taking into account the quick ratio of the company, currently set at 14.93, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and BBNX is recording an average volume of 474.70K. On a monthly basis, the volatility of the stock is set at 10.46%, whereas on a weekly basis, it is put at 12.34%, with a gain of 33.84% over the past seven days. Furthermore, long-term investors anticipate a median target price of $25.00, showing growth from the present price of $14.91, which can serve as yet another indication of whether BBNX is worth investing in or should be passed over.
How Do You Analyze Beta Bionics Inc Shares?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 20.36%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 46.54% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
BBNX shares are owned by institutional investors to the tune of 46.54% at present.
