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 the treatment of type 2 diabetes. The company is also developing BMF-650, which is in Phase I glucagon-like peptide-131 clinical trial for the treatment of obesity. The company was incorporated in 2017 and is headquartered in San Carlos, California.
Previous close
$1.32
+$0.07 · +5.60%
Pre-market
$1.3297
+$0.0097 · +0.73%
Oct 8, 8:59 AM ET
Regular session · ET · Market data may be delayed.
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 the treatment of type 2 diabetes. The company is also developing BMF-650, which is in Phase I glucagon-like peptide-131 clinical trial for the treatment of obesity. The company was incorporated in 2017 and is headquartered in San Carlos, California.
Day range
Current $1.32
52-week range
Current $1.32
Regular session · ET · Market data may be delayed.
GoAI Score
Sell
Valuation
27
Expensive
Sentiment
44
Mixed
Risk
63
High Risk
Momentum
41
Neutral
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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 the treatment of type 2 diabetes. The company is also developing BMF-650, which is in Phase I glucagon-like peptide-131 clinical trial for the treatment of obesity. The company was incorporated in 2017 and is headquartered in San Carlos, California.
Day range
Current $1.32
52-week range
Current $1.32
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Cost of goods sold | 1.41M USD | — | — | — | — |
| Gross profit | −1.41M USD | — | — | — | — |
| Research and development | 61.98M USD | 118.09M USD | 102.55M USD | 62.71M USD | 28M USD |
| Selling, general, and administrative | 19.33M USD | 25.99M USD | 23.59M USD | 20.92M USD | 13.67M USD |
| Operating expenses | 79.9M USD | 144.07M USD | 126.14M USD | 83.63M USD | 41.67M USD |
| Interest income | 1.86M USD | 5.64M USD | 8.88M USD | 1.81M USD | 100K USD |
| Depreciation and amortization | 1.41M USD | 1.75M USD | 1.52M USD | 691K USD | 249K USD |
| Operating income | −81.31M USD | −144.07M USD | −126.14M USD | −83.63M USD | −41.67M USD |
| Net income | −61.8M USD | −138.43M USD | −117.26M USD | −81.83M USD | −41.57M USD |
Company facts updated Oct 8, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Average target
$20.20
1430.30% upsideFunds reporting this stock among their holdings, ordered by reported position size.
Vanguard Morningstar Total Stock Market ETFVTI3.57M0.00%2.3T USD0.03%$381.03-0.40%
Vanguard Extended Market ETFVXF1.07M0.00%95.4B USD0.05%$233.49-1.56%
iShares Micro-Cap ETFIWC273.57K0.02%1.33B USD0.60%$183.36-1.09%
EA Series Trust - EA Bridgeway Ultra-Small Company Market ETFBUSM110K0.09%116.75M USD0.73%$15.97-0.38%
Vanguard Morningstar Total Stock Market ETFVTI
Vanguard Extended Market ETFVXF
iShares Micro-Cap ETFIWC
EA Series Trust - EA Bridgeway Ultra-Small Company Market ETFBUSMAI-generated and delayed market data for informational and educational purposes only. Not investment advice.