NASDAQ:CHRS

Coherus BioSciences (CHRS) Stock Price, News & Analysis

$2.06
+0.10 (+5.10%)
(As of 05:12 PM ET)
Today's Range
$1.96
▌
$2.15
50-Day Range
$1.93
▌
$2.62
52-Week Range
$1.43
▌
$8.22
Volume
1.39 million shs
Average Volume
3.61 million shs
Market Capitalization
$233.81 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.29

Coherus BioSciences MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
366.6% Upside
$9.29 Price Target
Short Interest
Healthy
18.97% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.08
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.56) to $0.11 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.83 out of 5 stars

Medical Sector

218th out of 919 stocks

Biotechnology Industry

4th out of 28 stocks

CHRS stock logo

About Coherus BioSciences Stock (NASDAQ:CHRS)

Coherus BioSciences, Inc., a biopharmaceutical company, focuses on the research, development, and commercialization of cancer treatments primarily in the United States. The company develops UDENYCA, a biosimilar to Neulasta, a long-acting granulocyte-colony stimulating factor; LOQTORZI, a novel PD-1 inhibitor; and Casdozokitug, an investigational recombinant human immunoglobulin isotype G1 (IgG1) monoclonal antibody targeting interleukin 27. It is also developing CHS-114, an investigational highly specific human afucosylated IgG1 monoclonal antibody selectively targeting CCR8, a chemokine receptor highly expressed on Treg cells in the tumor microenvironment (TME); and CHS-1000, an antibody targeting human ILT4 designed to improve anti-PD-1 clinical benefit by transforming an unfavorable TME to a more favorable TME. In addition, the company's licensed immuno-oncology programs include NZV930, an antibody designed to inhibit cluster of differentiation 73; and GSK4381562, an antibody targeting CD112R for the treatment of solid tumors. Further, it offers YUSIMRY, a biosimilar to Humira for the treatment of patients with inflammatory diseases characterized by increased production of tumor necrosis factor (TNF) in the body, including rheumatoid arthritis, juvenile idiopathic arthritis, psoriatic arthritis, ankylosing spondylitis, Crohn's disease, psoriasis, and ulcerative colitis. It collaboration agreement with Junshi Biosciences for the co-development and commercialization of toripalimab; agreement with Surface and Adimab LLC; license agreements with Bioeq AG and Genentech, Inc., as well as Vaccinex, Inc.; and out-licensing agreement with Novartis Institutes for Biomedical Research, Inc. and GlaxoSmithKline Intellectual Property No. 4 Limited. The company was formerly known as BioGenerics, Inc. and changed its name to Coherus BioSciences, Inc. in April 2012. Coherus BioSciences, Inc. was incorporated in 2010 and is headquartered in Redwood City, California.

CHRS Stock Price History

CHRS Stock News Headlines

The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal
 But our research shows his latest investment could be his most successful venture yet.
The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal
 But our research shows his latest investment could be his most successful venture yet.
Q4 2023 Coherus BioSciences Inc Earnings Call
Recap: Coherus BioSciences Q4 Earnings
See More Headlines
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Company Calendar

Last Earnings
3/13/2024
Today
5/01/2024
Next Earnings (Estimated)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:CHRS
Fax
N/A
Employees
306
Year Founded
2010

Price Target and Rating

Average Stock Price Target
$9.29
High Stock Price Target
$12.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+373.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$-237,890,000.00
Pretax Margin
-92.62%

Debt

Sales & Book Value

Annual Sales
$257.24 million
Book Value
($1.74) per share

Miscellaneous

Free Float
101,025,000
Market Cap
$222.46 million
Optionable
Optionable
Beta
0.54

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CHRS Stock Analysis - Frequently Asked Questions

Should I buy or sell Coherus BioSciences stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Coherus BioSciences in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CHRS shares.
View CHRS analyst ratings
or view top-rated stocks.

What is Coherus BioSciences' stock price target for 2024?

6 equities research analysts have issued twelve-month target prices for Coherus BioSciences' stock. Their CHRS share price targets range from $6.00 to $12.00. On average, they expect the company's stock price to reach $9.29 in the next twelve months. This suggests a possible upside of 366.6% from the stock's current price.
View analysts price targets for CHRS
or view top-rated stocks among Wall Street analysts.

How have CHRS shares performed in 2024?

Coherus BioSciences' stock was trading at $3.33 at the beginning of 2024. Since then, CHRS stock has decreased by 40.2% and is now trading at $1.99.
View the best growth stocks for 2024 here
.

Are investors shorting Coherus BioSciences?

Coherus BioSciences saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 23,450,000 shares, a decline of 9.5% from the March 15th total of 25,910,000 shares. Based on an average daily volume of 3,790,000 shares, the days-to-cover ratio is currently 6.2 days.
View Coherus BioSciences' Short Interest
.

When is Coherus BioSciences' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our CHRS earnings forecast
.

How were Coherus BioSciences' earnings last quarter?

Coherus BioSciences, Inc. (NASDAQ:CHRS) issued its quarterly earnings data on Wednesday, March, 13th. The biotechnology company reported ($0.72) EPS for the quarter, missing analysts' consensus estimates of ($0.33) by $0.39. The biotechnology company earned $91.52 million during the quarter, compared to the consensus estimate of $105.30 million.

What is Dennis M. Lanfear's approval rating as Coherus BioSciences' CEO?

21 employees have rated Coherus BioSciences Chief Executive Officer Dennis M. Lanfear on Glassdoor.com. Dennis M. Lanfear has an approval rating of 95% among the company's employees. This puts Dennis M. Lanfear in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Coherus BioSciences own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Coherus BioSciences investors own include Halozyme Therapeutics (HALO), Chembio Diagnostics (CEMI), Exelixis (EXEL), Heron Therapeutics (HRTX), TG Therapeutics (TGTX), Intelsat (I), Idera Pharmaceuticals (IDRA), Immunomedics (IMMU), Sangamo Therapeutics (SGMO) and Viking Therapeutics (VKTX).

Who are Coherus BioSciences' major shareholders?

Coherus BioSciences' stock is owned by many different institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.90%), Los Angeles Capital Management LLC (0.17%), RFG Advisory LLC (0.05%), Mirae Asset Global Investments Co. Ltd. (0.04%), China Universal Asset Management Co. Ltd. (0.02%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Dennis M Lanfear, James Healy and Mcdavid Stilwell.
View institutional ownership trends
.

How do I buy shares of Coherus BioSciences?

Shares of CHRS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Coherus BioSciences have any subsidiaries?
The following companies are subsidiares of Coherus BioSciences: Coherus Intermediate Corp, InteKrin, InteKrin Russia, and InteKrin Therapeutics Inc..
Read More
This page (NASDAQ:CHRS) was last updated on 5/1/2024 by MarketBeat.com Staff

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