--- title: "BioMarin: Buy Rating Reiterated on Amicus Acquisition Upside and Pipeline Catalysts; $85 Price Target Unchanged" type: "News" locale: "en" url: "https://longbridge.com/en/news/285177455.md" description: "Bank of America Securities analyst Jason Gerberry reiterated a Buy rating on BioMarin Pharmaceutical, maintaining a price target of $85. He cites the strategic benefits of the Amicus acquisition, despite near-term EPS pressures. Gerberry believes the market is overly pessimistic about BioMarin's earnings trajectory and highlights upcoming Phase 3 readouts as catalysts. TD Cowen also maintains a Buy rating with a $120 price target." datetime: "2026-05-05T09:05:32.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285177455.md) - [en](https://longbridge.com/en/news/285177455.md) - [zh-HK](https://longbridge.com/zh-HK/news/285177455.md) generator: "portal-rs" --- # BioMarin: Buy Rating Reiterated on Amicus Acquisition Upside and Pipeline Catalysts; $85 Price Target Unchanged Jason Gerberry, an analyst from Bank of America Securities, reiterated the Buy rating on BioMarin Pharmaceutical. The associated price target remains the same with $85.00. ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Jason Gerberry has given his Buy rating due to a combination of factors tied to BioMarin’s earnings power and portfolio durability. He views the recent Amicus acquisition as a strategic positive, noting that while near‑term EPS is pressured by deal costs and a higher tax rate, the market is overly pessimistic about the company’s pro‑forma earnings trajectory and long‑term cash flow profile. He highlights that adding Amicus’ products meaningfully lifts BioMarin’s 2026–2028 revenue and EPS forecasts, with management guiding to higher 2026 sales and only modest EPS dilution ahead of expected cost synergies. Gerberry also points to upcoming Phase 3 readouts for Voxzogo in hypochondroplasia and BMN401 in ENPP1 deficiency as additional catalysts, reinforcing his view that the stock undervalues both growth prospects and the resilience of BioMarin’s rare‑disease portfolio, supporting an unchanged $85 price target. In another report released today, TD Cowen also maintained a Buy rating on the stock with a $120.00 price target. ### Related Stocks - [FOLD.US](https://longbridge.com/en/quote/FOLD.US.md) - [BMRN.US](https://longbridge.com/en/quote/BMRN.US.md) - [IXJ.US](https://longbridge.com/en/quote/IXJ.US.md) - [IHE.US](https://longbridge.com/en/quote/IHE.US.md) - [BIB.US](https://longbridge.com/en/quote/BIB.US.md) - [LABD.US](https://longbridge.com/en/quote/LABD.US.md) - [SBIO.US](https://longbridge.com/en/quote/SBIO.US.md) - [IBBQ.US](https://longbridge.com/en/quote/IBBQ.US.md) - [BBH.US](https://longbridge.com/en/quote/BBH.US.md) - [XBI.US](https://longbridge.com/en/quote/XBI.US.md) - [ARKG.US](https://longbridge.com/en/quote/ARKG.US.md) - [PBE.US](https://longbridge.com/en/quote/PBE.US.md) - [XLV.US](https://longbridge.com/en/quote/XLV.US.md) - [VHT.US](https://longbridge.com/en/quote/VHT.US.md) - [IBB.US](https://longbridge.com/en/quote/IBB.US.md) - [LABU.US](https://longbridge.com/en/quote/LABU.US.md) - [FBT.US](https://longbridge.com/en/quote/FBT.US.md) - [BAC.US](https://longbridge.com/en/quote/BAC.US.md) - [TD.US](https://longbridge.com/en/quote/TD.US.md) - [BAC-Q.US](https://longbridge.com/en/quote/BAC-Q.US.md) - [BML-L.US](https://longbridge.com/en/quote/BML-L.US.md) - [BAC-L.US](https://longbridge.com/en/quote/BAC-L.US.md) - [BAC-K.US](https://longbridge.com/en/quote/BAC-K.US.md) - [BML-H.US](https://longbridge.com/en/quote/BML-H.US.md) - [BAC-N.US](https://longbridge.com/en/quote/BAC-N.US.md) - [BAC-E.US](https://longbridge.com/en/quote/BAC-E.US.md) - [MER-K.US](https://longbridge.com/en/quote/MER-K.US.md) - [BAC-O.US](https://longbridge.com/en/quote/BAC-O.US.md) - [BML-G.US](https://longbridge.com/en/quote/BML-G.US.md) - [BAC-M.US](https://longbridge.com/en/quote/BAC-M.US.md) - [BAC-B.US](https://longbridge.com/en/quote/BAC-B.US.md) - [BML-J.US](https://longbridge.com/en/quote/BML-J.US.md) - [BAC-S.US](https://longbridge.com/en/quote/BAC-S.US.md) - [BAC-P.US](https://longbridge.com/en/quote/BAC-P.US.md) - [8648.JP](https://longbridge.com/en/quote/8648.JP.md) ## Related News & Research - [BioMarin to acquire Alesta Therapeutics for $275 million for potential rare bone disease treatment](https://longbridge.com/en/news/296376333.md) - [Biomarin To Acquire Alesta Therapeutics To Gain Ale1, A Potential First Oral Therapy For Hypophosphatasia](https://longbridge.com/en/news/296228796.md) - [Persistent Asset Partners Ltd Makes New $4.57 Million Investment in BioMarin Pharmaceutical Inc. $BMRN](https://longbridge.com/en/news/296092450.md) - [SBIO: U.S. Programmatic and EMEA drove 49% of Q2 sales, with margins rising to 61% and profitability expected in H2 2026](https://longbridge.com/en/news/296517769.md) - [Boehringer again rises up rare disease reputation rankings](https://longbridge.com/en/news/296577935.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**