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Beta Bionics, Inc.NasdaqGM:BBNX Stock Report

Market Cap US$429.1m
Share Price
US$9.20
US$25
63.2% undervalued intrinsic discount
1Y-33.2%
7D-12.4%
Portfolio Value
View

Beta Bionics, Inc.

NasdaqGM:BBNX Stock Report

Market Cap: US$429.1m

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
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

BBNX Community Fair Values

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Beta Bionics, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Beta Bionics
Historical stock prices
Current Share PriceUS$9.20
52 Week HighUS$32.71
52 Week LowUS$8.80
Beta0
1 Month Change-22.10%
3 Month Change-34.00%
1 Year Change-33.19%
3 Year Changen/a
5 Year Changen/a
Change since IPO-61.07%

Recent News & Updates

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...
Seeking Alpha Mar 13

Beta Bionics: Speculative Appeal After An Eventful Start To The Year

Summary Beta Bionics shares have plunged over two-thirds since December, driven by disappointing 2026 guidance and slowing momentum. BBNX's 2026 revenue guidance of $130–$135 million signals minimal growth from Q4’s annualized $128 million, raising concerns about sustained operational losses. Despite $265 million in net cash, BBNX trades at just over 1x sales, reflecting deep investor skepticism and speculative appeal after severe multiple compression. FDA warnings and competitive risks further pressure sentiment, but current valuation appears de-risked, offering speculative upside if growth reaccelerates. Read the full article on Seeking Alpha

Recent updates

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...
Seeking Alpha Mar 13

Beta Bionics: Speculative Appeal After An Eventful Start To The Year

Summary Beta Bionics shares have plunged over two-thirds since December, driven by disappointing 2026 guidance and slowing momentum. BBNX's 2026 revenue guidance of $130–$135 million signals minimal growth from Q4’s annualized $128 million, raising concerns about sustained operational losses. Despite $265 million in net cash, BBNX trades at just over 1x sales, reflecting deep investor skepticism and speculative appeal after severe multiple compression. FDA warnings and competitive risks further pressure sentiment, but current valuation appears de-risked, offering speculative upside if growth reaccelerates. Read the full article on Seeking Alpha
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...
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
7D-12.4%-2.5%1.1%
1Y-33.2%-22.9%26.7%

Return vs Industry: BBNX underperformed the US Medical Equipment industry which returned -22.5% over the past year.

Return vs Market: BBNX underperformed the US Market which returned 25.4% over the past year.

Price Volatility

Is BBNX's price volatile compared to industry and market?
BBNX volatility
BBNX Average Weekly Movement10.7%
Medical Equipment Industry Average Movement8.6%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.1%

Stable Share Price: BBNX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: BBNX's weekly volatility (11%) has been stable over the past year.

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$429.13m
Earnings (TTM)-US$66.44m
Revenue (TTM)US$110.24m
3.7x
P/S Ratio
-6.2x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BBNX income statement (TTM)
RevenueUS$110.24m
Cost of RevenueUS$47.24m
Gross ProfitUS$63.00m
Other ExpensesUS$129.44m
Earnings-US$66.44m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-1.49
Gross Margin57.15%
Net Profit Margin-60.27%
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 Analysis2026/05/14 01:38
End of Day Share Price 2026/05/14 00:00
Earnings2026/03/31
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
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 world class team 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 16 analysts. 11 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
Travis SteedBofA Global Research