While Beta Bionics Inc has underperformed by -4.73%, 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)
Beta Bionics Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. Taking into account the quick ratio of the company, currently set at 3.99, 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.
The average volume for any stock is also a very valuable indicator of volatility, and BBNX has an average volume of 585.49K. On a monthly basis, the volatility of the stock is set at 8.82%, whereas on a weekly basis, it is put at 10.49%, with a gain of 5.36% over the past seven days. Furthermore, long-term investors anticipate a median target price of $26.43, showing growth from the present price of $15.82, 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?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. 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 18.65%. 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 38.04% 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 38.04% at present.