BeOne Medicines AG (NASDAQ:ONC) is among the 12 best stocks to buy and hold for the next 2 years.
On February 26, BeOne Medicines AG (NASDAQ:ONC) reported total global revenues of $1.5 billion for the fourth quarter of 2025 and $5.3 billion for 2026, increases of 33% and 40% from the prior-quarter and prior-year periods, respectively. Brukinsa, the company’s lymphoma and leukemia treatment, had revenues of $1.1 billion and $3.9 billion for the fourth quarter and full year, respectively, up 38% and 49% from the prior periods.
After the earnings report, on February 27, Truist Securities raised its price target on BeOne Medicines AG (NASDAQ:ONC) to $412 from $400 while maintaining a Buy rating on the stock. Truist adjusted its price target after incorporating the quarterly results, fiscal 2026 guidance, and insights from post-earnings discussions with the company.
Truist Securities noted BeOne Medicines AG (NASDAQ:ONC)’s fiscal 2026 revenue guidance of $6.2 billion to $6.4 billion roughly brackets consensus estimates of $6.4 billion and has led to added pressure on the shares. The analyst said that its current outlook on BeOne Medicines AG (NASDAQ:ONC) suggests healthy growth for Brukinsa even without any major label expansion.
Grail Inc.'s Galleri cancer test screening kit. Photo from Grail website
BeOne Medicines AG (NASDAQ:ONC) is a global oncology company that discovers and develops innovative treatments that are more affordable and accessible to cancer patients worldwide.
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