Coherus BioSciences, Inc. (CHRS)

NASDAQ: CHRS · Real-Time Price · USD
1.100
+0.279 (33.90%)
At close: Nov 20, 2024, 4:00 PM
0.971
-0.129 (-11.75%)
Pre-market: Nov 21, 2024, 5:38 AM EST
33.90%
Market Cap 126.73M
Revenue (ttm) 304.34M
Net Income (ttm) -450,000
Shares Out 115.21M
EPS (ttm) -0.00
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 8,704,367
Open 0.820
Previous Close 0.822
Day's Range 0.810 - 1.130
52-Week Range 0.660 - 3.700
Beta 0.69
Analysts Strong Buy
Price Target 6.13 (+457.27%)
Earnings Date Nov 6, 2024

About 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 ant... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Nov 6, 2014
Employees 306
Stock Exchange NASDAQ
Ticker Symbol CHRS
Full Company Profile

Financial Performance

In 2023, Coherus BioSciences's revenue was $257.24 million, an increase of 21.89% compared to the previous year's $211.04 million. Losses were -$237.89 million, -18.46% less than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for CHRS stock is "Strong Buy." The 12-month stock price forecast is $6.13, which is an increase of 457.27% from the latest price.

Price Target
$6.13
(457.27% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Coherus BioSciences, Inc. (CHRS) Q3 2024 Earnings Call Transcript

Coherus BioSciences, Inc. (CHRS) Q3 2024 Earnings Call Transcript

14 days ago - Seeking Alpha

Coherus BioSciences Reports Third Quarter 2024 Financial Results and Provides Business Update

–  Net revenue of $70.8 million in Q3  2024 driven by 30% increase in UDENYCA ®   net revenue, quarter-over-quarter –

14 days ago - GlobeNewsWire

Coherus to Report Third Quarter 2024 Financial Results on November 6, 2024

REDWOOD CITY, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (“Coherus,” NASDAQ: CHRS) today announced that its third quarter 2024 financial results will be released after market ...

21 days ago - GlobeNewsWire

Evaluating Coherus BioSciences: Udenyca's Success And Loqtorzi's Prospects

Coherus BioSciences, Inc. focuses on biosimilars and immuno-oncology treatments, with LOQTORZI and UDENYCA as key products. Coherus BioSciences' biosimilar IP shows potential for profitability, with s...

3 months ago - Seeking Alpha

Coherus BioSciences, Inc. (CHRS) Q2 2024 Earnings Call Transcript

Coherus BioSciences, Inc. (NASDAQ:CHRS) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Jami Taylor - Head of Investor Relations Dennis Lanfear - President and Chief E...

3 months ago - Seeking Alpha

Coherus to Report Second Quarter 2024 Financial Results on August 8, 2024

REDWOOD CITY, Calif., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (“Coherus,” NASDAQ: CHRS) today announced that its second quarter 2024 financial results will be released after market...

3 months ago - GlobeNewsWire

Coherus BioSciences Announces Divestiture of YUSIMRY (adalimumab-aqvh) in a $40 Million Upfront All Cash Transaction

– Transaction aligns with Coherus' strategic focus on oncology – – Transaction aligns with Coherus' strategic focus on oncology –

5 months ago - GlobeNewsWire

Coherus BioSciences: CHS-114 Comes Into View At ASCO, Drug Launches Underway

Coherus BioSciences, Inc. is relying on revenues from existing drugs and its developmental pipeline after selling off a major source of revenue in Cimerli. CHS-114, an anti-CCR8 antibody being develop...

6 months ago - Seeking Alpha

Coherus Management to Present at the 2024 Jefferies Global Healthcare Conference

REDWOOD CITY, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (Coherus, Nasdaq: CHRS) today announced that senior management will present at the 2024 Jefferies Global Healthcare Con...

6 months ago - GlobeNewsWire

Coherus Presents Preliminary Results from Phase I Dose Escalation Study of its Anti-chemokine receptor 8 (CCR8) Antibody, CHS-114, at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting

CHS-114 shown to have an acceptable safety profile with no dose-limiting toxicities (DLTs) in heavily pretreated patients with solid tumors

6 months ago - GlobeNewsWire

Coherus Management to Present at the TD Cowen 5th Annual Oncology Innovation Virtual Summit: Insights for ASCO & EHA

REDWOOD CITY, Calif., May 23, 2024 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (Coherus, Nasdaq: CHRS) today announced that senior management will present at the upcoming TD Cowen 5th Annual Oncolog...

6 months ago - GlobeNewsWire

Coherus BioSciences, Inc. (CHRS) Q1 2024 Earnings Call Transcript

Coherus BioSciences, Inc. (NASDAQ:CHRS) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Jamie Taylor - Head of Investor Relations Denny Lanfear - Chief Executive Officer ...

6 months ago - Seeking Alpha

Coherus BioSciences Reports First Quarter 2024 Financial Results and Provides Business Update

– Net revenue of $77.1 million in Q1 2024 –  – CRI and ENB Therapeutics development partnership for toripalimab in ovarian cancer – – New debt and royalty financing replaces $75 million term loan, wit...

6 months ago - GlobeNewsWire

Coherus Announces Full Repayment of Pharmakon Advisors $75 Million Term Loan

– New $38.7 million term loan with a May 2029 maturity – – $37.5 million royalty monetization financing based on future sales of LOQTORZI® and UDENYCA® –

6 months ago - GlobeNewsWire

Coherus Announces Clinical Collaboration with the Cancer Research Institute for a Novel Combination Evaluating LOQTORZI® (toripalimab-tpzi) with ENB Therapeutics' ENB-003 for the Treatment of Ovarian Cancer

REDWOOD CITY, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (Coherus; Nasdaq: CHRS) today announced that the Cancer Research Institute (CRI) and its Immunotherapy Platform Study i...

7 months ago - GlobeNewsWire

Coherus to Report First Quarter 2024 Financial Results on May 9, 2024

REDWOOD CITY, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (“Coherus,” NASDAQ: CHRS) today announced that its first quarter 2024 financial results will be released after market c...

7 months ago - GlobeNewsWire

Coherus Announces Presentation at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting

REDWOOD CITY, Calif., April 24, 2024 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (Coherus, Nasdaq: CHRS) today announced the first presentation of clinical data for CHS-114, a highly selective cytol...

7 months ago - GlobeNewsWire

Coherus Presents Preclinical Data for CHS-1000, a Novel Anti-ILT4 Antibody, at the 2024 AACR Annual Meeting

– In preclinical studies, CHS-1000 shows a high affinity for human ILT4, reverses ILT4-mediated immunosuppressive functions, leading to activation of immune cells and increased cytokine secretion – – ...

8 months ago - GlobeNewsWire

Coherus Biosciences: Dumping One Drug But Showing Promise With Another

CHRS has sold Cimerli, a Lucentis biosimilar, to SDZNY. CHRS anti-IL-27 antibody, casdozokitug, shows promising results as part of a triple therapy in hepatocellular carcinoma, with an overall respons...

8 months ago - Seeking Alpha

Coherus BioSciences, Inc. (CHRS) Q4 2023 Earnings Call Transcript

Coherus BioSciences, Inc. (CHRS) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Coherus BioSciences Reports Fourth Quarter, Full Year 2023 Financial Results and Provides Current Business Update

– Net revenue of $91.5 million in the fourth quarter and $257.2 million in FY 2023 –  – UDENYCA® net sales of $36.2 million in the fourth quarter and $127.1 million in FY 2023 –  – CIMERLI® net sales ...

9 months ago - GlobeNewsWire

Coherus to Report Fourth Quarter and Full Year 2023 Financial Results on March 13, 2024

REDWOOD CITY, Calif., March 05, 2024 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (“Coherus,” NASDAQ: CHRS) today announced that its fourth quarter and full year 2023 financial results will be releas...

9 months ago - GlobeNewsWire

Coherus Completes Divestiture of Ophthalmology Franchise

– Upfront cash payment of $170 million strengthens capital structure – – Transaction solidifies Coherus' strategic focus in oncology – REDWOOD CITY, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- Coherus ...

9 months ago - GlobeNewsWire

Coherus BioSciences Announces New Employment Inducement Grants

REDWOOD CITY, Calif., Feb. 23, 2024 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (“Coherus” or the “Company”, Nasdaq: CHRS), today announced that effective February 20, 2024, the compensation committ...

9 months ago - GlobeNewsWire

Coherus Announces U.S. Launch of UDENYCA ONBODY™ a Novel and Proprietary State-of-the-Art Delivery System for pegfilgrastim-cbqv

– Innovative design enables five-minute pegfilgrastim-cbqv delivery time – – Unique, automatic, retractable needle mechanism engineered to maximize safety and comfort for cancer patients receiving UDE...

9 months ago - GlobeNewsWire