CorMedix Inc. (CRMD)

NASDAQ: CRMD · Real-Time Price · USD
11.59
-1.06 (-8.38%)
At close: Sep 16, 2025, 4:00 PM EDT
11.61
+0.02 (0.16%)
After-hours: Sep 16, 2025, 7:49 PM EDT
-8.38%
Market Cap904.70M
Revenue (ttm)121.48M
Net Income (ttm)51.16M
Shares Out 78.06M
EPS (ttm)0.79
PE Ratio14.64
Forward PE5.40
Dividendn/a
Ex-Dividend Daten/a
Volume3,647,746
Open12.59
Previous Close12.65
Day's Range11.50 - 12.65
52-Week Range5.60 - 17.43
Beta1.77
AnalystsStrong Buy
Price Target17.57 (+51.6%)
Earnings DateOct 29, 2025

About CRMD

CorMedix Inc., a biopharmaceutical company, focuses on developing and commercializing therapeutic products for life-threatening diseases and conditions in the United States. Its lead product candidate is DefenCath, an antimicrobial catheter lock solution to reduce the incidence of catheter-related bloodstream infections in adult patients with kidney failure. The company was formerly known as Picton Holding Company, Inc. and changed its name to CorMedix, Inc. in January 2007. CorMedix Inc. was incorporated in 2006 and is based in Berkeley Height... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Mar 25, 2010
Employees 65
Stock Exchange NASDAQ
Ticker Symbol CRMD
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 8 analysts, the average rating for CRMD stock is "Strong Buy." The 12-month stock price target is $17.57, which is an increase of 51.60% from the latest price.

Price Target
$17.57
(51.60% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

CorMedix Inc. (CRMD) Presents At Morgan Stanley 23rd Annual Global Healthcare Conference Transcript

CorMedix Inc. (NASDAQ:CRMD) Morgan Stanley 23rd Annual Global Healthcare Conference September 10, 2025 10:45 AM EDT Company Participants Joseph Todisco - CEO & Director Conference Call Participants R...

6 days ago - Seeking Alpha

CorMedix Announces Strategic Minority Investment in Talphera

BERKELEY HEIGHTS, N.J., Sept. 08, 2025 (GLOBE NEWSWIRE) -- CorMedix Inc. (“CorMedix”) (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for lif...

Other symbols: TLPH
8 days ago - GlobeNewsWire

Talphera Announces Private Placement Financing of up to $29 Million Priced At-the Market

CorMedix is making a strategic investment in Talphera as the lead investor, supported by existing stockholders Nantahala, Rosalind and Rock Springs with several new institutional investors $17 million...

Other symbols: TLPH
8 days ago - PRNewsWire

CorMedix Completes Acquisition of Melinta Therapeutics, Raises Financial Guidance and Announces New Leadership Team

- Transformational deal for CorMedix that expands and diversifies company's commercial product portfolio, with seven innovative drug products and a pipeline expansion indication with near-term revenue...

14 days ago - GlobeNewsWire

CorMedix to Participate in Upcoming Investor Conferences

BERKELEY HEIGHTS, N.J., Aug. 28, 2025 (GLOBE NEWSWIRE) -- CorMedix Inc. (“CorMedix”) (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life...

19 days ago - GlobeNewsWire

CorMedix: The Undervalued Breakthrough

CorMedix has achieved GAAP profitability after years of losses, with the market yet to fully price in this turnaround. Shares trade at a moderate 17x forward P/E, but with a projected 8x forward P/E, ...

21 days ago - Seeking Alpha

CorMedix, Inc. (CRMD) Q2 2025 Earnings Call Transcript

CorMedix, Inc. (NASDAQ:CRMD) Q2 2025 Earnings Conference Call August 7, 2025 8:30 AM ET Company Participants Joseph Todisco - CEO & Director Matthew T. David - Executive VP & CFO Conference Call Part...

5 weeks ago - Seeking Alpha

CorMedix to Buy Melinta Therapeutics for $300 Million

The buyer said the deal adds six marketed infectious-disease products to its offerings.

5 weeks ago - WSJ

Melinta Therapeutics Announces Strategic Acquisition by CorMedix, Underscoring Its Portfolio Value and Industry Leadership

PARSIPPANY, N.J.--(BUSINESS WIRE)--Melinta Therapeutics Announces Strategic Acquisition by CorMedix, Underscoring its Portfolio Value and Industry Leadership.

5 weeks ago - Business Wire

CorMedix to acquire Melinta Therapeutics, Creating Diversified Specialty Company With Strong Presence in Acute Care Settings

Transformational deal for CorMedix that expands and diversifies company's commercial product portfolio, with seven innovative drug products and a pipeline expansion indication with near-term revenue g...

5 weeks ago - GlobeNewsWire

Cormedix Inc. Reports Second Quarter 2025 Financial Results and Provides Business Update

‒ Q2 2025 Net Revenue of $39.7mm; Net Income of $19.8mm; Adjusted EBITDA of $22.4mm ‒ ‒ Company Announces Acquisition of Melinta Therapeutics ‒ ‒ Conference Call Scheduled for Today at 8:30 a.m. Easte...

5 weeks ago - GlobeNewsWire

CorMedix Analyst Says Investors Could Be Further Rewarded

Last week, CorMedix Inc. CRMD said one of its large dialysis organization (LDO) customers has started ordering, with implementation planned for the second half of 2025.

2 months ago - Benzinga

CorMedix Seems Significantly Undervalued

CorMedix offers high upside potential with DefenCath, the only FDA-approved catheter lock solution for CRBSI, and a strong financial position. My DCF model shows a base-case fair value of $26.2 per sh...

2 months ago - Seeking Alpha

Concentrix Posts Downbeat Earnings, Joins CorMedix And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow futures gaining over 100 points on Friday.

Other symbols: CNXC
2 months ago - Benzinga

CorMedix Inc. Announces Pricing of Public Offering of Common Stock

BERKELEY HEIGHTS, N.J., June 27, 2025 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening ...

2 months ago - GlobeNewsWire

CorMedix Inc. Announces Proposed Public Offering of Common Stock

BERKELEY HEIGHTS, N.J., June 26, 2025 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening ...

2 months ago - GlobeNewsWire

CorMedix inc. Announces Customer Implementation

BERKELEY HEIGHTS, N.J., June 23, 2025 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening ...

3 months ago - GlobeNewsWire

CorMedix: DefenCath In Exponential Growth Phase With Robust Market Position

I am bullish on CorMedix due to its strong financial turnaround, robust revenue growth, and unique market position. DefenCath, the only FDA-approved antimicrobial catheter lock solution in the US, dri...

3 months ago - Seeking Alpha

CorMedix: Exceeding Expectations

CorMedix and its flagship product DefenCath have significantly outperformed expectations since commercialization, driving strong stock performance in 2025. DefenCath, approved just over a year ago, is...

3 months ago - Seeking Alpha

CorMedix Inc. To Participate In The Jefferies Global Healthcare Conference

BERKELEY HEIGHTS, N.J., May 30, 2025 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening d...

3 months ago - GlobeNewsWire

CorMedix Inc. to Participate in the RBC Global Healthcare Conference

BERKELEY HEIGHTS, N.J., May 15, 2025 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening d...

4 months ago - GlobeNewsWire

CorMedix, Inc. (CRMD) Q1 2025 Earnings Call Transcript

CorMedix, Inc. (NASDAQ:CRMD) Q1 2025 Earnings Conference Call May 6, 2025 8:30 AM ET Company Participants Dan Ferry – LifeSci Advisors Joe Todisco – Chief Executive Officer Matt David – Executive Vic...

4 months ago - Seeking Alpha

CorMedix Inc. Reports First Quarter 2025 Financial Results and Provides Business Update

‒ Q1 2025 Net Revenue of $39.1mm; Adjusted EBITDA of $23.6mm ‒ Conference Call Scheduled for Today at 8:30 a.m. Eastern Time BERKELEY HEIGHTS, NJ.

4 months ago - GlobeNewsWire

CorMedix Inc. to Report First Quarter 2025 Financial Results and Provide a Corporate Update on May 6, 2025

BERKELEY HEIGHTS, N.J., April 29, 2025 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening...

5 months ago - GlobeNewsWire

Cormedix Inc. Announces Preliminary First Quarter 2025 Results and Raises H1 2025 Net Sales Guidance

‒ Q1 2025 Unaudited Net Revenue of $39.0 million ‒ ‒ Expected Q1 Adjusted EBITDA above $22.5 million ‒ ‒ Q1 2025 Cash and Cash Equivalents of Approximately $77.5 million ‒ BERKELEY HEIGHTS, N.J., Apri...

5 months ago - GlobeNewsWire