BeOne Medicines (ONC) Stock Analysis & Forecast

BeOne Medicines Ltd. Health technology sector. Market cap $37.49B.

$350.84−2.62 (−0.7%)

Close on Sep 18, 2026. Page updated Sep 19, 9:19 pm ET.

Gekko Brief

AI summary

ONC closes at $350.84, down 0.7%, holding above both its 50-day ($343.13) and 200-day ($318.13) averages, with the shorter average above the longer one. The GekkoIndex reads 60.5, placing the stock in the Accumulation zone, though the reading has slipped 3.5 points over five days. Price sits 7.4% below Gekko Fair Value of $379.

This week's attention centers on BeOne Medicines' presentation at the Morgan Stanley 24th Annual Global Healthcare Conference on 14 September, alongside continued analyst engagement. Barclays reiterated its Buy rating on 11 September and raised its price target to $415 from $400, citing confidence in the company's pharmaceutical performance. Separately, an insider sale was disclosed: Xiaodong Wang sold 38,287 shares on 8 September at an average price of $349.10, for a total value of $13,365,991.70.

The next earnings report is set for 5 November 2026, before the open, 46 days out and beyond a typical 20-trading-day holding window. The prior quarter saw EPS of $2.05 against an estimate of $1.40, with a 2.1% reaction, and the company has beaten estimates in 6 of the last 8 quarters, with an average absolute reaction of 4.3%. No insider, Congress, or unusual options activity appears in the current window. Seasonally, the next 20 trading days from this point have averaged -2.5% over 5 years, with gains in 2 of those years — a pattern worth noting against the current Accumulation-zone backdrop, where that zone has historically preceded a 20-day average return of 8.2%.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $350.84200-day averageGekko Fair Value $379.00

Key stats

Market cap
$37.49B
P/E ratio
62.9
Forward P/E
34.1
EPS, TTM
$5.58
Revenue, TTM
$6.13B
Profit margin
10.7%
Dividend yield
Beta
0.52
Volume
434,601 avg 333,333
1-year return
+5.6%
Typical daily move
±2.5%
Typical 20-day move
±9.9%
50-day average
$343.13
200-day average
$318.13
Next earnings
Nov 5 before open
Shares outstanding
104.3M
52-week range
$253.95$385.22

BeOne Medicines swing-trade checklist

BeOne Medicines scores 4 supportive, 0 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive0 mixed1 headwind

  • Trendsupportive

    Above 50 and 200-day

    Close $350.84 is above the 50-day ($343.13) and 200-day ($318.13) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexsupportive

    60.5, Accumulation

    Reading 60.5 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    7.4% below

    Price is 7.4% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 46 days

    Next report Nov 5, 2026, 46 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −2.5% on average

    From this point in the calendar, the next 20 trading days averaged −2.5% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

BeOne Medicines stock chart and price history

BeOne Medicines closed at $350.84 on Sep 18, 2026, +5.6% over the past year, inside a 52-week range of $253.95 to $385.22.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−6.9%
3 months
+29.9%
6 months
+24.1%
1 year
+5.6%
The full ONC chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open ONC in Gekko

Follow BeOne Medicines through every session

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About BeOne Medicines

BeOne Medicines focuses on finding and developing treatments for cancer patients, with reach into the United States, China, Europe and other regions. Its marketed products include BRUKINSA, a treatment for several blood cancers; TEVIMBRA, an immunotherapy used against various solid tumors and blood cancers; SYLVANT, for adults with multicentric castleman disease; BAITUOWEI, used in certain breast cancer cases; and PARTRUVIX, for various solid tumors.

Beyond these approved therapies, the company runs a broad pipeline of experimental compounds targeting different cancer pathways, alongside earlier-stage preclinical work. It has established agreements with other pharmaceutical companies, including Amgen, BMS, Bio-Thera, EUSA Pharma, Luye Pharmaceutical, and Novartis, reflecting collaborative ties across its research and development efforts.

The company was founded in 2010 and is headquartered in Basel, Switzerland. It previously operated under the name BeiGene, Ltd. before adopting its current name in May 2025. Its shares trade under the ticker ONC.

Sector
Health technology
Website
beonemedicines.com

BeOne Medicines GekkoIndex: the smart money zone

BeOne Medicines’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 60.5, in the Accumulation zone, down 3.5 points over five sessions.

010060.5Accumulation

Down 3.5 points over five sessions.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying43+2.4%+6.1%+10.4%+26.1%
Accumulation (current zone)160+1.4%+4.5%+8.2%+14.4%
Neutral315+0.7%+0.5%+1.1%+4.8%
Distribution83−0.2%0.0%+2.2%+0.8%
Selling14−0.7%−2.9%−4.3%−0.9%

Average ONC share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the ONC price, zone by zone.Track ONC in Gekko

Is BeOne Medicines stock overvalued? Gekko Fair Value

BeOne Medicines trades 7.4% below Gekko Fair Value of $379.00, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what BeOne Medicines shares are worth, recalculated every trading day.

$379.00

Gekko Fair Value, Sep 19, 2026

7.4% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open ONC in Gekko

BeOne Medicines insider and Congress trading

No open-market insider purchases were filed for BeOne Medicines, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for ONC in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every ONC insider filing, plotted on the chart in Gekko.Open ONC in Gekko

Congress trades last 90 days

No trades in ONC were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for ONC, plotted on the chart in Gekko.Open ONC in Gekko

BeOne Medicines earnings: next date and track record

BeOne Medicines reports on Nov 5, 2026, before the open (46 days away), and beat the EPS estimate in 6 of its last 8 reports.

6 of 8reports beat the EPS estimate
±4.3%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

−4.7%Nov ’24+4.9%Feb ’25−2.4%May ’25−2.9%Aug ’25−0.4%Nov ’25−10.0%Feb ’26+6.6%May ’26+2.1%Aug ’26

Last earnings call, Aug 5, 2026 AI summary

What they said
BeOne Medicines reported Q2 2026 total revenues of $1.7 billion, up 30% YoY, with GAAP EPS of $2.05 per ADS, up 144% YoY. BRUKINSA exceeded $1.2 billion in quarterly global revenues, growing 31% YoY, maintaining its position as the #1 BTK inhibitor globally. Key milestones include FDA approval of BEQALZI for mantle cell lymphoma and positive Phase III MANGROVE trial results. A $300 million U.S. manufacturing expansion was also announced.
Guidance
Management raised 2026 revenue guidance by $300 million and GAAP operating income guidance by $250 million on the strength of Q2 results. Global regulatory submissions for BRUKINSA in frontline MCL are planned for H2 2026, with four additional Phase III readouts expected over the next three years.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 5, 2026$2.05
est $1.40
+46.4%$1.71B
est $1.62B
+4.9%+2.1%
May 6, 2026$1.96
est $0.81
+142.0%$1.51B
est $1.48B
+2.5%+6.6%
Feb 26, 2026$0.58
est $1.60
−63.7%$1.50B
est $1.47B
+2.2%−10.0%
Nov 6, 2025$1.09
est $0.72
+51.4%$1.41B
est $1.45B
−2.7%−0.4%
Aug 6, 2025$0.84
est $0.48
+75.0%$1.32B
est $1.44B
−8.8%−2.9%
May 7, 2025$1.22
est −$0.71
+271.8%$1.12B
est $1.25B
−10.4%−2.4%
Feb 27, 2025−$1.43
est −$1.01
−41.6%$1.13B
est $1.04B
+8.5%+4.9%
Nov 12, 2024−$0.09
est −$1.04
+91.3%$1.00B−4.7%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

BeOne Medicines stock forecast and analyst price targets

Analysts’ average 12-month price target for BeOne Medicines is $432.80, +23.4% from the last close, from 14 firms rating the stock in the last 90 days.

$432.80consensus 12-month target, +23.4% from the last close
Low $370High $466
Buy14
Hold0
Sell0

Each firm’s latest rating in the last 90 days: 14 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 10BarclaysBuy, maintained$415+18.3%
Aug 25RBC CapitalBuy, maintained$450+28.3%
Aug 9Wolfe ResearchBuy, reiterated$370+5.5%
Aug 7CMB International SecuritiesBuy, maintained$442.31+26.1%
Aug 6Morgan StanleyBuy, reiterated$405+15.4%
+8.2%average 20-day move after past Accumulation readings
−2.5%average move over the next 20 trading days in the last 5 years
±2.5%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

BeOne Medicines seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, BeOne Medicines averaged −2.5% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

−9.5%2021+7.8%2022−17.9%2023+6.9%2024−5.4%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−5.8%1 of 5
Next 10 trading days−3.6%2 of 5
Next 15 trading days−4.4%1 of 5
Next 20 trading days−2.5%2 of 5
Next 30 trading days−2.9%2 of 5

For scale, ONC’s typical 20-trading-day move in either direction is about 9.9%.

BeOne Medicines market cap and key statistics

BeOne Medicines’s market cap is $37.49B, with a P/E ratio of 62.9 and revenue of $6.13B over the last twelve months.

Valuation

Market cap
$37.49B
P/E ratio
62.9
Forward P/E
34.1
EPS, TTM
$5.58
Gekko Fair Value
$379.00

Trading

Volume
434,601
Avg volume, 20 days
333,333
52-week high
$385.22
52-week low
$253.95
Shares outstanding
104.3M

Financials

Revenue, TTM
$6.13B
Profit margin
10.7%
Return on equity
14.7%
Quarterly earnings growth, YoY
+166.7%

Risk and income

Beta
0.52
Typical daily move
±2.5%
Typical 20-day move
±9.9%

BeOne Medicines stock news this week

3 headlines about BeOne Medicines from the past week, newest first, each linking to the publisher.

More stocks

In the Buying zone today

Reporting earnings this week

Popular on Gekko

BeOne Medicines stock FAQ

What is BeOne Medicines’s market cap?

BeOne Medicines’s market cap is $37.49B at the Sep 18, 2026 close of $350.84, with 104.3M shares outstanding. The shares trade on a P/E ratio of 62.9.

What is the BeOne Medicines stock forecast?

The consensus analyst 12-month price target for BeOne Medicines is $432.80, +23.4% from the last close. Of the 14 firms that rated the stock in the last 90 days, 14 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is BeOne Medicines stock overvalued or undervalued?

On Gekko’s estimate BeOne Medicines is undervalued: the Sep 18, 2026 close of $350.84 is 7.4% below Gekko Fair Value of $379.00. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does BeOne Medicines report earnings next?

BeOne Medicines is expected to report on Nov 5, 2026, before the market opens (46 days away). Analysts expect earnings of $1.90 per share on revenue of $1.75B. BeOne Medicines beat the earnings estimate in 6 of its last 8 reports, moving 4.3% on average across the report.

What is BeOne Medicines’s 52-week high and low?

BeOne Medicines’s 52-week high is $385.22 and its 52-week low is $253.95; it closed at $350.84 on Sep 18, 2026, +5.6% over the past year.

Is BeOne Medicines stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 5 items with data read as supportive (trend, gekkoindex, fair value and earnings risk) and 1 as a headwind (seasonality). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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