BMY
Bristol-Myers Squibb Company Healthcare - Pharmaceuticals Investor Relations →
Bristol-Myers Squibb Company (BMY) closed at $61.99 as of 2026-02-02, trading 17.3% above its 200-week moving average of $52.84. The stock moved further from the line this week, up from 4.1% last week. With a 14-week RSI of 87, BMY is in overbought territory.
Over the past 2753 weeks of data, BMY has crossed below its 200-week moving average 29 times. On average, these episodes lasted 25 weeks. Historically, investors who bought BMY at the start of these episodes saw an average one-year return of +4.4%.
With a market cap of $126.2 billion, BMY is a large-cap stock. Return on equity stands at 40.3%, indicating strong profitability. The stock trades at 6.8x book value.
The company has been aggressively buying back shares, reducing its share count by 5.8% over the past three years.
Over the past 33.2 years, a hypothetical investment of $100 in BMY would have grown to $1438, compared to $2849 for the S&P 500. BMY has returned 8.4% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: BMY vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After BMY Crosses Below the Line?
Across 22 historical episodes, buying BMY when it crossed below its 200-week moving average produced an average return of -2.4% after 12 months (median +3.0%), compared to +7.9% for the S&P 500 over the same periods. 50% of those episodes were profitable after one year. After 24 months, the average return was -10.1% vs +14.2% for the index.
Each line shows $100 invested at the moment BMY crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
BMY has crossed below its 200-week MA 29 times with an average 1-year return of +4.4% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| May 1973 | Jul 1973 | 9 | 11.7% | -16.5% | +22100.3% |
| Aug 1973 | Jan 1975 | 77 | 43.4% | -22.2% | +21147.9% |
| Feb 1978 | Mar 1978 | 3 | 3.3% | +16.7% | +19341.1% |
| Mar 1978 | Apr 1978 | 1 | 0.9% | +19.8% | +19341.1% |
| Oct 1978 | Oct 1978 | 1 | 2.8% | +9.2% | +18346.6% |
| Jul 1979 | Jul 1979 | 1 | 0.6% | +31.5% | +17233.8% |
| Mar 1980 | Mar 1980 | 3 | 2.3% | +83.2% | +17165.2% |
| Jan 1993 | Jan 1995 | 105 | 17.8% | +2.3% | +1325.9% |
| Jul 2000 | Aug 2000 | 5 | 1.4% | +14.0% | +240.3% |
| Sep 2000 | Sep 2000 | 1 | 0.2% | +16.4% | +229.8% |
| Apr 2001 | Jul 2001 | 13 | 8.4% | -43.3% | +201.2% |
| Sep 2001 | Sep 2001 | 1 | 7.3% | -51.0% | +212.2% |
| Oct 2001 | Nov 2001 | 2 | 3.9% | -50.8% | +198.7% |
| Nov 2001 | Feb 2006 | 220 | 60.4% | -48.9% | +194.7% |
| Aug 2006 | Aug 2006 | 3 | 10.7% | +48.3% | +536.9% |
| Jan 2008 | Dec 2008 | 47 | 22.5% | +3.3% | +427.2% |
| Jan 2009 | Jul 2009 | 28 | 17.9% | +20.1% | +418.0% |
| Oct 2016 | Nov 2016 | 4 | 6.6% | +34.7% | +72.2% |
| Jan 2017 | Feb 2017 | 5 | 12.5% | +29.9% | +72.9% |
| Mar 2017 | Jul 2017 | 18 | 4.0% | +19.5% | +56.6% |
| Apr 2018 | Jul 2018 | 15 | 11.3% | -8.3% | +61.0% |
| Oct 2018 | Oct 2019 | 54 | 21.1% | -7.2% | +41.3% |
| Mar 2020 | Mar 2020 | 2 | 9.7% | +33.7% | +61.2% |
| Jul 2023 | Aug 2023 | 3 | 1.9% | -13.8% | +13.8% |
| Sep 2023 | Nov 2024 | 63 | 33.0% | -16.0% | +14.9% |
| Dec 2024 | Jan 2025 | 6 | 2.8% | -1.4% | +18.0% |
| Feb 2025 | Feb 2025 | 3 | 5.3% | +14.5% | +14.5% |
| Mar 2025 | Dec 2025 | 37 | 19.4% | N/A | +17.8% |
| Dec 2025 | Jan 2026 | 1 | 0.2% | N/A | +17.3% |
| Average | 25 | — | +4.4% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02