Cibus, Inc. (CBUS)

NASDAQ: CBUS · Real-Time Price · USD
2.645
-0.155 (-5.54%)
Dec 20, 2024, 4:00 PM EST - Market closed
-5.54%
Market Cap 78.21M
Revenue (ttm) 4.15M
Net Income (ttm) -445.40M
Shares Out 29.57M
EPS (ttm) -21.30
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 512,299
Open 2.790
Previous Close 2.800
Day's Range 2.560 - 3.089
52-Week Range 2.370 - 23.180
Beta 1.77
Analysts Strong Buy
Price Target 22.83 (+763.14%)
Earnings Date Nov 7, 2024

About CBUS

Cibus, Inc., a agricultural biotechnology company, develops and licenses plant traits to seed companies for royalties. The company primarily focus on trait productivity in two areas, including productivity traits that enable farmers to have higher yields and reduce the use of the crop protection chemicals and fertilizers; and sustainable ingredients that enable corporations to replace ingredients that are fossil fuel based or whose production results in increased greenhouse gases. Cibus, Inc. is based in San Diego, California. [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jul 20, 2017
Employees 183
Stock Exchange NASDAQ
Ticker Symbol CBUS
Full Company Profile

Financial Performance

In 2023, Cibus's revenue was $1.82 million, an increase of 1057.32% compared to the previous year's $157,000. Losses were -$267.63 million, 1484.4% more than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CBUS stock is "Strong Buy." The 12-month stock price forecast is $22.83, which is an increase of 763.14% from the latest price.

Price Target
$22.83
(763.14% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Cibus, Albaugh LLC and RTDC Company Limited Affirm Collaboration to Enable Commercialization of Cibus' First Gene Edited Weed Management Solution for U.S. Rice Growers

Cibus' Rice Herbicide Tolerance (HT-3) Commercialization Efforts Continue Promising Progress to deliver a new Weed Management Solution for Farmers in the U.S.

5 days ago - GlobeNewsWire

Cibus and Biographica Announce Collaboration Using Artificial Intelligence (AI) to Advance Disease Resistance in Canola and Oilseed Rape

Cibus and Biographica to collaborate on identifying gene editing targets for Cibus' disease resistance trait development

4 weeks ago - GlobeNewsWire

Cibus to Participate in the 13th Annual Roth Technology Conference

SAN DIEGO, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Cibus, Inc. (Nasdaq: CBUS) (the “Company”), a leading agricultural technology company that develops and licenses plant traits to seed companies for royalti...

4 weeks ago - GlobeNewsWire

Cibus, Inc. (CBUS) Q3 2024 Earnings Call Transcript

Cibus, Inc. (NASDAQ:CBUS) Q3 2024 Results Conference Call November 7, 2024 4:30 PM ET Company Participants Carlo Broos - Chief Financial Officer Rory Riggs - Co-Founder, Chairman and CEO Peter Beetha...

5 weeks ago - Seeking Alpha

Cibus Reports Third Quarter Financial Results and Provides Year-to-Date Business Update for 2024

Announced a strategic realignment to advance commercial opportunities, focusing resources on advancement of weed management platform (HT1 and HT3) for Rice, Pod Shatter Reduction in Canola, Sclerotini...

6 weeks ago - GlobeNewsWire

Cibus Confirms its Herbicide Tolerance (HT2) Trait Shows Increased Tolerance to a Novel Herbicide for Weed Control in Canola

The greenhouse results represent an important success milestone in the development of its second-generation of HT2 edited Canola

6 weeks ago - GlobeNewsWire

Cibus to Report Third Quarter 2024 Financial Results on November 7, 2024 After the Market Close and Host Conference Call

SAN DIEGO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Cibus, Inc. (Nasdaq: CBUS), a leading agricultural technology company that develops and licenses plant traits to seed companies for royalties, today announ...

2 months ago - GlobeNewsWire

Cibus Inc. Announces Realigned Organization to Advance its Commercial Opportunities

Projected Cost Savings of Approximately $10 Million on Annualized Run-Rate Basis and Expected to Reduce Cash Use by Approximately 20% Projected Cost Savings of Approximately $10 Million on Annualized ...

2 months ago - GlobeNewsWire

Cibus Technology to be Featured on InnovAction Stage at the Euroseeds2024 Congress

SAN DIEGO, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Cibus, Inc. (Nasdaq: CBUS), a leading agricultural technology company that develops plant traits to license to seed companies for royalties, has been named...

2 months ago - GlobeNewsWire

Cibus to Participate in the Food+ Forum during the 79th Session of the United Nations General Assembly

SAN DIEGO, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Cibus, Inc. (Nasdaq: CBUS), a leading agricultural technology company that develops plant traits to license to seed companies for royalties, today announc...

3 months ago - GlobeNewsWire

Cibus Announces Pricing of Public Offering of Class A Common Stock

SAN DIEGO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Cibus, Inc. (Nasdaq: CBUS) (the “Company” or “Cibus”), a leading agricultural biotechnology company that uses proprietary gene editing technologies to dev...

3 months ago - GlobeNewsWire

Cibus, Inc. Announces Proposed Public Offering of Class A Common Stock

SAN DIEGO, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Cibus, Inc. (Nasdaq: CBUS), a leading agricultural biotechnology company that uses proprietary gene editing technologies to develop plant traits (or speci...

3 months ago - GlobeNewsWire

Cibus Completes First Field Trials in UK for Pod Shatter Reduction in Winter Oilseed Rape

Initial data from Pod Shatter Reduction field trials show promising results The first gene edited trait to complete field trials in oilseed rape in the UK SAN DIEGO, Sept. 10, 2024 (GLOBE NEWSWIRE) --...

3 months ago - GlobeNewsWire

Cibus to Participate in Upcoming August Investor Events

SAN DIEGO, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Cibus, Inc. (Nasdaq: CBUS), a leading agricultural technology company that develops plant traits to license to seed companies for royalties, today announce...

4 months ago - GlobeNewsWire

Cibus, Inc. (CBUS) Q2 2024 Earnings Call Transcript

Cibus, Inc. (NASDAQ:CBUS) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Wade King - Chief Financial Officer Rory Riggs - Co-Founder, Chairman and CEO Peter Beetham -...

4 months ago - Seeking Alpha

Cibus Achieves Positive Initial Field Trial Results for Stacked Gene Edited Herbicide Tolerant Traits in Rice

Early results of a novel weed management solution using two herbicides show promise. The first known use of stacked gene edited herbicide tolerant traits in an elite variety of rice  to improve weed m...

4 months ago - GlobeNewsWire

Cibus to Report Second Quarter 2024 Financial Results on August 8, 2024 After the Market Close and Host Conference Call

SAN DIEGO, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Cibus, Inc. (Nasdaq: CBUS), a leading agricultural technology company that develops and licenses plant traits to seed companies for royalties, today announ...

5 months ago - GlobeNewsWire

Cibus Expands its Intellectual Property Coverage for Plant Gene Editing and Traits

Additional patents issued for 10 plant trait and editing families in the past two quarters. Strengthens Cibus' intellectual property portfolio in its Pod Shatter Reduction (PSR), Herbicide Tolerances ...

6 months ago - GlobeNewsWire

Breaking News: Johnson Fistel, LLP Investigates Cibus Following Short Report

SAN DIEGO, June 21, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of securities laws by Cibus, Inc. (NASDAQ: CBUS). We are looking into...

6 months ago - GlobeNewsWire

Cibus Investors Who Have Lost Money Should Contact Block & Leviton to Find Out How They Might Recover Money Through The Firm's Investigation

BOSTON, MA / ACCESSWIRE / June 5, 2024 / Block & Leviton is investigating Cibus, Inc. (Nasdaq:CBUS) for potential securities law violations. Investors who have lost money in their Cibus investment sho...

7 months ago - Accesswire

Investigation Into Cibus, Inc. (CBUS) Announced by Holzer & Holzer, LLC

ATLANTA, June 05, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Cibus, Inc. (“Cibus” or the “Company”) (NASDAQ: CBUS) complied with federal securities laws. On June 4, 2024, B...

7 months ago - GlobeNewsWire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Cibus, Inc. (CBUS) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Cibus, Inc. (“Cib...

7 months ago - Business Wire

Cibus to Participate in Upcoming June Investor Events

SAN DIEGO, June 05, 2024 (GLOBE NEWSWIRE) -- Cibus, Inc. (Nasdaq: CBUS), a leading agricultural technology company that develops and licenses plant traits to seed companies for royalties, today announ...

7 months ago - GlobeNewsWire

The Law Offices of Frank R. Cruz Announces Investigation of Cibus, Inc. (CBUS) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Cibus, Inc. (“Cibus” or the “Company”) (NASDAQ: CBUS) on behalf of investors concerning the Company's possi...

7 months ago - Business Wire

Cibus Investigated For Securities Fraud; Block & Leviton Encourages Investors Who Have Lost Money to Contact the Firm

Cibus, Inc. investigated for potential securities law violations. Investors who have lost money in their Cibus investment should contact Block & Leviton.

7 months ago - GlobeNewsWire