BIOMARIN PHARMACEUTICAL INC (BMRN) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does BIOMARIN PHARMACEUTICAL INC Do?
BioMarin Pharmaceutical Inc. develops and commercializes therapies for people with serious and life-threatening rare diseases and medical conditions. Its commercial products include Vimizim, an enzyme replacement therapy for the treatment of mucopolysaccharidosis (MPS) IV type A, a lysosomal storage disorder; Naglazyme, a recombinant form of N-acetylgalactosamine 4-sulfatase for patients with MPS VI; and Kuvan, a proprietary synthetic oral form of 6R-BH4 that is used to treat patients with phenylketonuria (PKU), an inherited metabolic disease. The company's commercial products also comprise Palynziq, a PEGylated recombinant phenylalanine ammonia lyase enzyme, which is delivered through subcutaneous injection to reduce blood Phe concentrations; Brineura, a recombinant human tripeptidyl peptidase 1 for the treatment of patients with ceroid lipofuscinosis type 2, a form of Batten disease; Voxzogo, a once daily injection analog of c-type natriuretic peptide for the treatment of achondroplasia; and Aldurazyme, a purified protein designed to be identical to a naturally occurring form of the human enzyme alpha-L-iduronidase. In addition, it develops valoctocogene roxaparvovec, an adeno associated virus vector, which is in Phase III clinical trial for the treatment of patients with severe hemophilia A; BMN 307, an AAV5 mediated gene therapy, which is in Phase 1/2 clinical trial to normalize blood Phe concentration levels in patients with PKU; and BMN 255 that is in Phase 1/2 clinical trial for treating primary hyperoxaluria. The company serves specialty pharmacies, hospitals, and non-U.S. government agencies, as well as distributors and pharmaceutical wholesalers in the United States, Europe, Latin America, and internationally. BioMarin Pharmaceutical Inc. has license and collaboration agreements with Sarepta Therapeutics, Ares Trading S.A., Catalyst Pharmaceutical Partners, Inc., and Asubio Pharma Co., Ltd. The company was incorporated in 1996 and is headquartered in San Rafael, California. BIOMARIN PHARMACEUTICAL INC (BMRN) is classified as a large-cap stock in the Healthcare sector, specifically within the Pharmaceutical Products industry. The company is led by CEO Jean-Jacques Bienaimé and employs approximately 3,080 people, headquartered in Novato, California. With a market capitalization of $11.0B, BMRN is one of the prominent companies in the Healthcare sector.
BIOMARIN PHARMACEUTICAL INC (BMRN) Stock Rating — Reduce (April 2026)
As of April 2026, BIOMARIN PHARMACEUTICAL INC receives a Reduce rating with a composite score of 43.9/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.BMRN ranks #2,023 out of 4,446 stocks in our coverage universe. Within the Healthcare sector, BIOMARIN PHARMACEUTICAL INC ranks #219 of 838 stocks, placing it in the upper half of its Healthcare peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
BMRN Stock Price and 52-Week Range
BIOMARIN PHARMACEUTICAL INC (BMRN) currently trades at $54.55. The stock lost $1.75 (3.1%) in the most recent trading session. The 52-week high for BMRN is $73.18, which means the stock is currently trading -25.5% from its annual peak. The 52-week low is $50.76, putting the stock 7.5% above its annual trough. Recent trading volume was 1.5M shares, reflecting moderate market activity.
Is BMRN Overvalued or Undervalued? — Valuation Analysis
BIOMARIN PHARMACEUTICAL INC (BMRN) carries a value factor score of 55/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 21.56x, compared to the Healthcare sector average of 23.63x — a discount of 9%. The price-to-book ratio stands at 1.78x, versus the sector average of 2.75x. The price-to-sales ratio is 3.50x, compared to 1.66x for the average Healthcare stock. On an enterprise value basis, BMRN trades at 19.04x EV/EBITDA, versus 6.34x for the sector.
Overall, BMRN's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
BIOMARIN PHARMACEUTICAL INC Profitability — ROE, Margins, and Quality Score
BIOMARIN PHARMACEUTICAL INC (BMRN) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 8.2%, compared to the Healthcare sector average of -43.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 6.6% versus the sector average of -33.1%.
On a margin basis, BIOMARIN PHARMACEUTICAL INC reports gross margins of 79.5%, compared to 71.5% for the sector. The operating margin is 18.2% (sector: -66.1%). Net profit margin stands at 16.1%, versus -58.7% for the average Healthcare stock. Revenue growth is running at 9.0% on a trailing basis, compared to 10.6% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
BMRN Debt, Balance Sheet, and Financial Health
BIOMARIN PHARMACEUTICAL INC has a debt-to-equity ratio of 25.0%, compared to the Healthcare sector average of 32.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 5.21x, indicating strong short-term liquidity. Total debt on the balance sheet is $597M. Cash and equivalents stand at $1.25B.
BMRN has a beta of 0.81, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for BIOMARIN PHARMACEUTICAL INC is 70/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.
BIOMARIN PHARMACEUTICAL INC Revenue and Earnings History — Quarterly Trend
In TTM 2026, BIOMARIN PHARMACEUTICAL INC reported revenue of $3.09B and earnings per share (EPS) of $1.82. Net income for the quarter was $502M. Gross margin was 79.5%. Operating income came in at $568M.
In FY 2025, BIOMARIN PHARMACEUTICAL INC reported revenue of $3.22B and earnings per share (EPS) of $1.82. Net income for the quarter was $349M. Gross margin was 77.7%. Revenue grew 12.9% year-over-year compared to FY 2024. Operating income came in at $409M.
In Q3 2025, BIOMARIN PHARMACEUTICAL INC reported revenue of $776M and earnings per share (EPS) of $-0.16. Net income for the quarter was $-31M. Gross margin was 82.0%. Revenue grew 4.1% year-over-year compared to Q3 2024. Operating income came in at $-47M.
In Q2 2025, BIOMARIN PHARMACEUTICAL INC reported revenue of $825M and earnings per share (EPS) of $1.25. Net income for the quarter was $241M. Gross margin was 81.8%. Revenue grew 15.9% year-over-year compared to Q2 2024. Operating income came in at $277M.
Over the past 8 quarters, BIOMARIN PHARMACEUTICAL INC has demonstrated a growth trajectory, with revenue expanding from $712M to $3.09B. Investors analyzing BMRN stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
BMRN Dividend Yield and Income Analysis
BIOMARIN PHARMACEUTICAL INC (BMRN) does not currently pay a dividend. This is common among growth-oriented companies in the Pharmaceutical Products industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Healthcare dividend stocks may want to explore other Healthcare stocks or use the stock screener to filter by dividend yield.
BMRN Momentum and Technical Analysis Profile
BIOMARIN PHARMACEUTICAL INC (BMRN) has a momentum factor score of 35/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 29/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 18/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
BMRN vs Competitors — Healthcare Sector Ranking and Peer Comparison
Within the Healthcare sector, BIOMARIN PHARMACEUTICAL INC (BMRN) ranks #219 out of 838 stocks based on the Blank Capital composite score. This places BMRN in the upper half of all Healthcare stocks in our coverage universe. Key competitors and sector peers include ASTRAZENECA PLC (AZN) with a score of 61.4/100, Sol-Gel Technologies Ltd. (SLGL) with a score of 56.6/100, VIEMED HEALTHCARE, INC. (VMD) with a score of 53.4/100, Innoviva, Inc. (INVA) with a score of 52.7/100, and JOHNSON & JOHNSON (JNJ) with a score of 51.7/100.
Comparing BMRN against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full BMRN vs S&P 500 (SPY) comparison to assess how BIOMARIN PHARMACEUTICAL INC stacks up against the broader market across all factor dimensions.
BMRN Next Earnings Date
No upcoming earnings date has been announced for BIOMARIN PHARMACEUTICAL INC (BMRN) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy BMRN? — Investment Thesis Summary
The quantitative profile for BIOMARIN PHARMACEUTICAL INC suggests caution. Momentum is weak at 35/100, a headwind for near-term performance. Low volatility (stability score 70/100) reduces downside risk.
In summary, BIOMARIN PHARMACEUTICAL INC (BMRN) earns a Reduce rating with a composite score of 43.9/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on BMRN stock.
Related Resources for BMRN Investors
Explore more research and tools: BMRN vs S&P 500 comparison, top Healthcare stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare BMRN head-to-head with peers: BMRN vs AZN, BMRN vs SLGL, BMRN vs VMD.