Biomea Fusion, Inc. (BMEA)

NASDAQ: BMEA · Real-Time Price · USD
1.530
-0.200 (-11.56%)
At close: Apr 28, 2026, 4:00 PM EDT
1.540
+0.010 (0.65%)
After-hours: Apr 28, 2026, 4:00 PM EDT
-11.56%
Market Cap 110.62M
Revenue (ttm) n/a
Net Income (ttm) -61.80M
Shares Out 72.30M
EPS (ttm) -1.18
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,229,692
Open 1.720
Previous Close 1.730
Day's Range 1.530 - 1.745
52-Week Range 0.872 - 3.080
Beta -0.27
Analysts Strong Buy
Price Target 9.83 (+542.48%)
Earnings Date May 12, 2026

About BMEA

Biomea Fusion, Inc., a clinical-stage diabetes and obesity medicines company, focuses on the discovery and development of oral drugs to treat patients with diabetes and obesity. It’s lead clinical program’s drug candidates are COVALENT-111 and COVALENT-112, which has completed Phase II clinical trials of icovamenib for the treatment of Type 1 and Type 2 diabetes; COVALENT-211, which is in Phase II clinical trial of icovamenib for treating insulin-deficient type 2 diabetes; and COVALENT-212, which is in Phase II clinical trial of icovamenib for ... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Apr 16, 2021
Employees 41
Stock Exchange NASDAQ
Ticker Symbol BMEA
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for BMEA stock is "Strong Buy." The 12-month stock price target is $9.83, which is an increase of 542.48% from the latest price.

Price Target
$9.83
(542.48% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Biomea Fusion Transcript: Study result

Top-line results from the COVALENT-112 study show that icovamenib, a menin inhibitor, led to a 52% increase in C-peptide at 12 weeks and sustained beta cell function at 52 weeks in recent-onset type 1 diabetes, with a favorable safety profile. A phase II study will further evaluate extended dosing and combination strategies.

7 hours ago - Transcripts

Biomea Fusion Announces Positive 52-Week Results from Phase 2 COVALENT-112 Trial in Type 1 Diabetes Showing C-Peptide Improvement and Durability Following 12-Weeks of Icovamenib Treatment

SAN CARLOS, Calif., April 27, 2026 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea” or “Biomea Fusion” or “the Company”) (Nasdaq: BMEA), a clinical-stage diabetes and obesity company, today announced...

22 hours ago - GlobeNewsWire

Biomea Fusion Announces First Patient Dosed in Newly Initiated Phase II Programs Enrolling Type 2 Diabetes Patients Failing on Standard-of-Care Therapies

COVALENT-211 Phase II enrolling insulin-deficient type 2 diabetes patients  COVALENT-212 Phase II enrolling type 2 diabetes patients uncontrolled with a GLP-1 receptor agonist-based therapy Topline 26...

4 weeks ago - GlobeNewsWire

Biomea Fusion Transcript: Fireside chat

Icova­menib, a novel menin inhibitor, shows promise in restoring beta cell function and reducing A1C in diabetes patients, especially those failing GLP-1 therapies. Ongoing trials aim for key data by year-end, with the potential to delay insulin dependence and reshape diabetes treatment.

4 weeks ago - Transcripts

Biomea Fusion Transcript: Fireside chat

The discussion highlighted imminent phase I data for BMF-650, designed for improved oral bioavailability and tolerability in obesity, and icovamenib's novel approach to restoring beta cell function in diabetes. Key clinical milestones are expected in Q2 and Q4, with a cash runway into 2027.

4 weeks ago - Transcripts

Biomea Fusion Reports Full Year 2025 Financial Results and Corporate Highlights

SAN CARLOS, Calif., March 24, 2026 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea” or “Biomea Fusion” or “the Company”) (Nasdaq: BMEA), a clinical-stage diabetes and obesity company, today reported ...

5 weeks ago - GlobeNewsWire

Biomea Fusion Presents Phase II COVALENT-111 Data in Type 2 Diabetes at the 19th International Conference on Advanced Technologies & Treatments for Diabetes 2026

SAN CARLOS, Calif., March 14, 2026 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea,” “Biomea Fusion,” or the “Company”) (Nasdaq: BMEA), a clinical-stage diabetes and obesity company, today announced ...

6 weeks ago - GlobeNewsWire

Biomea Fusion Transcript: The Citizens Life Sciences Conference 2026

The company is advancing two in-house assets for diabetes and obesity, including a novel menin inhibitor with durable effects and an oral GLP-1 agent designed for better adherence. Key clinical data readouts are expected in 2024, with phase III planning underway.

7 weeks ago - Transcripts

Biomea Fusion Transcript: Oppenheimer 36th Annual Healthcare Life Sciences Conference

Two oral candidates are advancing: Icovamenib for insulin-deficient and GLP-1-failing diabetes patients, and BMF-650 for weight loss. Icovamenib shows durable A1C reduction post-treatment, with phase II trials underway and key data expected by year-end and Q4 2026.

2 months ago - Transcripts

Biomea Fusion to Participate at Upcoming Investor Conferences

SAN CARLOS, Calif., Feb. 19, 2026 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea” or “Company” or “Company management”) (Nasdaq: BMEA), a clinical-stage diabetes and obesity company, today announced...

2 months ago - GlobeNewsWire

Biomea Fusion Transcript: 44th Annual J.P. Morgan Healthcare Conference

The company is advancing two main assets for diabetes and obesity, with icovamenib showing durable A1C reductions and BMF-650 progressing in early clinical trials. Two phase II studies are set to enroll in Q1, with key data expected in Q4, and the cash runway extends into early 2027.

3 months ago - Transcripts

Biomea Fusion Enters 2026 Focused on Executing Key Icovamenib and BMF-650 Milestones

Advancing icovamenib toward late-stage clinical development in two Phase II clinical trials in patients with insulin-deficient type 2 diabetes (“T2D”) and in T2D patients currently failing glucagon-li...

3 months ago - GlobeNewsWire

Biomea Fusion to Present at the 44th Annual J.P. Morgan Healthcare Conference

SAN CARLOS, Calif., Dec. 17, 2025 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea”) (Nasdaq: BMEA), a clinical-stage diabetes and obesity company, today announced that Mick Hitchcock, Ph.D.

4 months ago - GlobeNewsWire

Biomea Fusion Announces KOL Presentation and Interview on Menin and Icovamenib at WCIRDC 2025

SAN CARLOS, Calif., Dec. 09, 2025 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (Nasdaq: BMEA), a clinical stage diabetes and obesity company, today announced the release of a KOL interview during the 23rd ...

4 months ago - GlobeNewsWire

Biomea Fusion Presents COVALENT-111 Study Results at the 23rd World Congress on Insulin Resistance, Diabetes & Cardiovascular Disease (WCIRDC)

Durable Glycemic and C-Peptide Improvements with Icovamenib in Insulin-Deficient Type 2 Diabetes Durable Glycemic and C-Peptide Improvements with Icovamenib in Insulin-Deficient Type 2 Diabetes

5 months ago - GlobeNewsWire

Biomea Fusion Transcript: Evercore ISI 8th Annual HealthCONx Conference

The company is advancing Menin-targeted and oral GLP-1 therapies for diabetes and obesity, with phase II trials focusing on key patient subgroups and a phase I oral GLP-1 study targeting better tolerability. Financial runway extends into 2027, with partnering under consideration.

5 months ago - Transcripts

Biomea Fusion Transcript: Piper Sandler 37th Annual Healthcare Conference

Biotech innovation is fueling a sector rebound, with new therapies targeting diabetes' root causes. Menin inhibition shows promise for insulin-deficient patients, and an oral GLP-1 agonist aims to improve tolerability. Key data readouts and potential pharma partnerships are expected soon.

5 months ago - Transcripts

Biomea Fusion Announces Oral Presentation of Icovamenib at the 23rd World Congress on Insulin Resistance, Diabetes & Cardiovascular Disease (WCIRDC)

SAN CARLOS, Calif., Dec. 01, 2025 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea” or “Biomea Fusion” or “the Company”) (Nasdaq: BMEA), a clinical-stage diabetes and obesity company, today announced ...

5 months ago - GlobeNewsWire

Biomea Fusion, Inc. Reports Inducement Grant under Nasdaq Listing Rule 5635(c)(4)

SAN CARLOS, Calif., Dec. 01, 2025 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea” or the “Company”) (Nasdaq: BMEA), a clinical-stage diabetes and obesity medicines company, today announced that on N...

5 months ago - GlobeNewsWire

Biomea Fusion Transcript: Jefferies London Healthcare Conference 2025

The discussion highlighted a strategic focus on insulin-deficient diabetes and obesity, with icovamenib showing strong safety and efficacy in restoring beta cell function. Phase II trials are progressing rapidly, and the pipeline includes a next-gen oral GLP-1 agonist with promising preclinical results.

5 months ago - Transcripts

Biomea Fusion to Participate at Jefferies London Healthcare Conference

SAN CARLOS, Calif., Nov. 10, 2025 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea” or “Biomea Fusion” or “the Company”) (Nasdaq: BMEA), a clinical-stage diabetes and obesity company, today announced ...

6 months ago - GlobeNewsWire

Biomea Fusion Showcases Preclinical Advances for BMF-650 and Icovamenib with Low Dose Semaglutide at ObesityWeek® 2025

SAN CARLOS, Calif., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea,” “Biomea Fusion” or the “Company”) (Nasdaq: BMEA), a clinical-stage diabetes and obesity medicines company, today an...

6 months ago - GlobeNewsWire

Biomea Fusion Reports Third Quarter 2025 Financial Results and Corporate Highlights

Advances diabetes and obesity programs with icovamenib demonstrating durable 52-Week Phase II data and with BMF-650, Biomea's next-generation, oral small molecule glucagon-like peptide-1 (“GLP-1”) rec...

6 months ago - GlobeNewsWire

Biomea Fusion to Present Poster Presentations at ObesityWeek®2025

SAN CARLOS, Calif., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea”) (Nasdaq: BMEA), a clinical-stage diabetes and obesity medicines company, today announced that it will present poste...

6 months ago - GlobeNewsWire

Biomea Fusion Announces First Patient Dosed in Phase I Study of BMF-650 a Next-Generation Oral GLP-1 Receptor Agonist

SAN CARLOS, Calif., Oct. 27, 2025 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea,” “Biomea Fusion” or the “Company”) (Nasdaq: BMEA), a clinical-stage diabetes and obesity medicines company, today an...

6 months ago - GlobeNewsWire