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Updated 1h ago
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Beta Bionics, Inc.NasdaqGM:BBNX Stock Report

Market Cap US$1.2b
Updated 1h ago
Share Price
n/a
1Y-3.8%
7D31.7%
1D0.7%
Portfolio Value
​
View

Beta Bionics, Inc.

NasdaqGM:BBNX Stock Report

Market Cap: US$1.2b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Beta Bionics (BBNX) Stock Overview

A commercial-stage medical device company, engages in the design, development, and commercialization of solutions to enhance the health and quality of life of insulin-requiring people with diabetes. More details

BBNX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Rewards

Revenue is forecast to grow 26.61% per year

Risk Analysis

Earnings are forecast to decline by an average of 1.1% per year for the next 3 years

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

Significant insider selling over the past 3 months

+ 1 more risk

BBNX Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystHighTarget
24.5% undervalued intrinsic discount
AnalystHighTarget
•2mo ago

Pharmacy-Driven Diabetes Technology Adoption Will Support A Stronger Long-Term Outlook

23
0
0
AN
AnalystConsensusTarget
1.7% overvalued intrinsic discount
AnalystConsensusTarget
•6d ago

Pharmacy Channel Adoption And Bihormonal Pipeline Will Drive Long Term Diabetes Care Impact

25
0
1
AN
AnalystLowTarget
69.5% overvalued intrinsic discount
AnalystLowTarget
•2mo ago

Slow Pump Adoption And Regulatory Risks Will Eventually Support A Stronger Automated Insulin Future

40
0
0

Top Analyst Narratives

AN
AnalystHighTarget
24.5% undervalued intrinsic discount
AnalystHighTarget
•2mo ago

Pharmacy-Driven Diabetes Technology Adoption Will Support A Stronger Long-Term Outlook

23
0
0
AN
AnalystConsensusTarget
1.7% overvalued intrinsic discount
AnalystConsensusTarget
•6d ago

Pharmacy Channel Adoption And Bihormonal Pipeline Will Drive Long Term Diabetes Care Impact

25
0
1
AN
AnalystLowTarget
69.5% overvalued intrinsic discount
AnalystLowTarget
•2mo ago

Slow Pump Adoption And Regulatory Risks Will Eventually Support A Stronger Automated Insulin Future

40
0
0
View all narratives

Beta Bionics, Inc. Competitors

Artivion

Symbol: NYSE:AORT
Market cap: US$1.1b

Tandem Diabetes Care

Symbol: NasdaqGM:TNDM
Market cap: US$1.2b

Integra LifeSciences Holdings

Symbol: NasdaqGS:IART
Market cap: US$1.2b

PROCEPT BioRobotics

Symbol: NasdaqGM:PRCT
Market cap: US$1.1b

Price History & Performance

Summary of share price highs, lows and changes for Beta Bionics
Historical stock prices
Current Share PriceUS$22.04
52 Week HighUS$32.71
52 Week LowUS$8.80
Beta0
1 Month Change15.70%
3 Month Change61.23%
1 Year Change-3.76%
3 Year Changen/a
5 Year Changen/a
Change since IPO-6.73%

Recent News & Updates

Seeking Alpha • Sep 17

Beta Bionics: Mint Clearance Marks The Shift Toward A Multi-Engine Growth Story

Summary Beta Bionics (BBNX) is evolving into a multi-product, platform-driven diabetes franchise with the FDA-cleared Mint patch pump launching in 1Q27. Mint expands BBNX's addressable market, accelerates pharmacy channel mix, and, alongside 3D Intelligence, strengthens ecosystem retention and differentiation. 2026 revenue guidance was cut due to demand deferral, but this sets up a stronger 2027 ramp as patients await Mint’s launch. A $150M equity raise funds Mint’s rollout and expansion, balancing near-term dilution against de-risked growth; valuation reflects both upside and execution risk. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha • Sep 17

Beta Bionics: Mint Clearance Marks The Shift Toward A Multi-Engine Growth Story

Summary Beta Bionics (BBNX) is evolving into a multi-product, platform-driven diabetes franchise with the FDA-cleared Mint patch pump launching in 1Q27. Mint expands BBNX's addressable market, accelerates pharmacy channel mix, and, alongside 3D Intelligence, strengthens ecosystem retention and differentiation. 2026 revenue guidance was cut due to demand deferral, but this sets up a stronger 2027 ramp as patients await Mint’s launch. A $150M equity raise funds Mint’s rollout and expansion, balancing near-term dilution against de-risked growth; valuation reflects both upside and execution risk. Read the full article on Seeking Alpha
User avatar
Narrative Update • Sep 14

BBNX: Clearer Type 2 And Closed Loop Timelines Will Drive Future Confidence

The analyst price target for Beta Bionics is now $21.67, up from $19.80, as analysts point to clearer timelines for Type 2 diabetes and fully closed loop indications, along with ongoing survey evidence of iLet adoption and expectations for the company’s entry into the patch pump market. Analyst Commentary Recent Street research on Beta Bionics shows a range of views on valuation and execution, with several firms updating price targets as they reassess the company’s pipeline, expected patch pump entry, and timing for Type 2 diabetes and fully closed loop indications.
Analysis Article • Jul 28

Here's Why We're Not Too Worried About Beta Bionics' (NASDAQ:BBNX) Cash Burn Situation

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
User avatar
Narrative Update • Jul 24

BBNX: I Expect Real World Data Transparency Will Drive Future Confidence

Analysts now place the fair value estimate for Beta Bionics at about $19.80 per share, down from $31.30. This comes even as recent Street research has lifted various published price targets into a $13 to $22 range on survey work pointing to continued iLet momentum and updated views on medtech valuations.
User avatar
Narrative Update • Jul 10

BBNX: Regulatory Recalls And Legal Probe Will Drive A More Cautious Outlook

Analysts have reset the fair value estimate for Beta Bionics to $13.00 from $25.00, reflecting a series of reduced price targets across the Street that weigh a lower assumed future P/E multiple alongside updated views on revenue growth and profit margins, even as some highlight supportive FDA feedback and an earlier expected Mint launch timeline. Analyst Commentary Recent Street research on Beta Bionics points to a mixed backdrop, with a cluster of reduced price targets alongside some more constructive commentary tied to regulatory progress and the Mint launch timeline.
User avatar
Narrative Update • Jun 26

BBNX: Mint Launch Timeline And Regulatory Progress Will Drive Future Upside

The analyst price target for Beta Bionics has been revised lower by approximately $10.81. This change reflects a series of reduced targets across several firms as analysts incorporate updated medtech sector valuations and refreshed expectations for the company’s growth, profitability, and future P/E assumptions.
Analysis Article • Apr 12

Companies Like Beta Bionics (NASDAQ:BBNX) Are In A Position To Invest In Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Analysis Article • Feb 06

Beta Bionics, Inc.'s (NASDAQ:BBNX) Popularity With Investors Under Threat As Stock Sinks 58%

The Beta Bionics, Inc. ( NASDAQ:BBNX ) share price has fared very poorly over the last month, falling by a substantial...
User avatar
New Narrative • Feb 03

Pharmacy-Driven Diabetes Technology Adoption Will Support A Stronger Long-Term Outlook

Catalysts About Beta Bionics Beta Bionics develops automated insulin delivery systems aimed at simplifying diabetes management for people using insulin pumps. What are the underlying business or industry changes driving this perspective?
Analysis Article • Jan 10

We're Hopeful That Beta Bionics (NASDAQ:BBNX) Will Use Its Cash Wisely

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article • Oct 30

Beta Bionics, Inc. (NASDAQ:BBNX) Looks Just Right With A 35% Price Jump

Despite an already strong run, Beta Bionics, Inc. ( NASDAQ:BBNX ) shares have been powering on, with a gain of 35% in...
Analysis Article • Sep 22

Companies Like Beta Bionics (NASDAQ:BBNX) Are In A Position To Invest In Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Seeking Alpha • Apr 24

Beta Bionics: Slowing Down Or Being Conservative?

Summary Beta Bionics' iLet product offers a simplified diabetes treatment, but shares have plunged 60% since the IPO due to a non-inspiring 2025 outlook, indicating potential lost market momentum. Despite strong initial growth and a significant IPO, the company's operating losses and competitive risks warrant a cautious investment stance. The 2025 sales guidance of $80-$85 million implies no sequential growth, raising concerns about market competitiveness and potential margin pressure. With substantial net cash holdings, the stock remains interesting if the guidance is conservative, offering potential upside given the current low valuation. Read the full article on Seeking Alpha
Seeking Alpha • Feb 02

Beta Bionics: A Sugar Rush For This IPO

Summary Beta Bionics' IPO was highly successful, trading 40% above the offer price due to strong growth prospects and relatively cheap sales multiples. The company’s iLet product offers a new, simplified treatment for Type 1 diabetes, with plans to expand to Type 2, doubling the market potential. Despite impressive revenue growth, Beta Bionics faces substantial operating losses, but it has a solid cash position to fund these losses for years. While the growth is compelling, risks include competition, reliance on partners, and the single-product nature, making me cautious about initiating a position now. Read the full article on Seeking Alpha

Shareholder Returns

BBNXUS Medical EquipmentUS Market
7D31.7%0.4%-0.1%
1Y-3.8%-16.3%11.9%

Return vs Industry: BBNX exceeded the US Medical Equipment industry which returned -16.3% over the past year.

Return vs Market: BBNX underperformed the US Market which returned 11.9% over the past year.

Price Volatility

Is BBNX's price volatile compared to industry and market?
BBNX volatility
BBNX Average Weekly Movement11.4%
Medical Equipment Industry Average Movement8.3%
Market Average Movement6.8%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market2.9%

Stable Share Price: BBNX's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: BBNX's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2015422Sean Saintwww.betabionics.com

Beta Bionics, Inc., a commercial-stage medical device company, engages in the design, development, and commercialization of solutions to enhance the health and quality of life of insulin-requiring people with diabetes. It offers iLet Bionic Pancreas, an insulin delivery device for the treatment of type 1 diabetes in adults and children six years of age and older. The company is also developing Patch Pump, an insulin pump that is designed to adhere directly to the skin and administer insulin without the need for tubing; Bihormonal iLet, which combines automated delivery of insulin and glucagon; and iLet to treat people with insulin-dependent type-2 diabetes.

Beta Bionics, Inc. Fundamentals Summary

How do Beta Bionics's earnings and revenue compare to its market cap?
BBNX fundamental statistics
Market capUS$1.15b
Earnings (TTM)-US$72.97m
Revenue (TTM)US$119.01m
9.7x
P/S Ratio
-15.9x
P/E Ratio

Is BBNX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BBNX income statement (TTM)
RevenueUS$119.01m
Cost of RevenueUS$49.61m
Gross ProfitUS$69.40m
Other ExpensesUS$142.38m
Earnings-US$72.97m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-1.39
Gross Margin58.31%
Net Profit Margin-61.32%
Debt/Equity Ratio0%

How did BBNX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/21 22:42
End of Day Share Price 2026/09/21 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Beta Bionics, Inc. is covered by 15 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey JohnsonBaird
Travis SteedBofA Global Research
David RomanGoldman Sachs

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