In a recent report dated May 30, 2025, Goldman Sachs has initiated coverage on Beta Bionics (BBNX, Financial) with a "Neutral" rating. This marks the beginning of analyst coverage by Goldman Sachs on the company, which specializes in innovative medical technologies.
Analyst David Roman from Goldman Sachs announced the initiation, setting a price target of USD 16.00 for BBNX. This price target reflects the firm's valuation assessment for this emerging player in the biotechnological sector.
As this is the initial coverage by Goldman Sachs, there is no prior price target or rating to compare against. The current rating of "Neutral" suggests that BBNX is expected to perform in line with the market consensus over the next 12 months.