Barclays Maintains a Buy Rating on BioMarin Pharmaceutical (BMRN), Sets a PT of $86

BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) is one of the most promising future stocks according to Wall Street analysts. In a report released on August 13, Gena Wang from Barclays maintained a Buy rating on BioMarin Pharmaceutical Inc. (NASDAQ:BMRN), with a price target of $86.00.

BioMarin Pharmaceutical Inc. (BMRN): Among Small-Cap Healthcare Stocks Hedge Funds is Buying

A pharmaceutical plant manufacturing a proprietary synthetic oral form of a C-type natriuretic peptide.

The rating update came after BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) reported its fiscal Q2 2025 results on August 4, with total revenues reaching $825 million, up 16% year-over-year and up 17% at constant currency year-over-year.

GAAP diluted earnings per share (EPS) for the quarter was $1.23, up 124% year-over-year, while non-GAAP diluted EPS reached $1.44, up 50% year-over-year.

BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) develops and commercializes therapies for serious and life-threatening medical conditions and rare diseases. The company’s product pipeline includes Valoctocogene roxaparvovec, Vosoritide, and BMN 307.

While we acknowledge the potential of BMRN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BMRN and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.