Coherus BioSciences, Inc. (CHRS)

NASDAQ: CHRS · Real-Time Price · USD
1.520
+0.040 (2.70%)
At close: Dec 20, 2024, 4:00 PM
1.510
-0.010 (-0.66%)
After-hours: Dec 20, 2024, 6:36 PM EST
2.70%
Market Cap 175.12M
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 4,083,938
Open 1.440
Previous Close 1.480
Day's Range 1.400 - 1.540
52-Week Range 0.660 - 3.700
Beta 0.86
Analysts Strong Buy
Price Target 5.38 (+253.95%)
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 $5.38, which is an increase of 253.95% from the latest price.

Price Target
$5.38
(253.95% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Coherus to Present Final Phase 2 Casdozokitug Combination Data in Patients with Metastatic Hepatocellular Carcinoma at ASCO-GI 2025

- Randomized Phase 2 study initiated evaluating the combination of casdozokitug, toripalimab and bevacizumab in patients with liver cancer -

3 days ago - GlobeNewsWire

Coherus BioSciences: Shedding Pegfilgrastim To Fuel Ongoing Development

Coherus BioSciences focuses on immunotherapy, expanding their PD-1 antibody market, and developing novel treatments for solid tumors, despite maintaining a penny stock valuation. Financially, CHRS hol...

4 days ago - Seeking Alpha

Why Is Coherus BioSciences Stock Trading Higher On Tuesday?

On Tuesday, Coherus BioSciences, Inc. CHRS entered into an asset purchase agreement with Intas Pharmaceuticals Ltd for the divestiture of the Udenyca (pegfilgrastim-cbqv) franchise for up to $558.4 mi...

18 days ago - Benzinga

Coherus Management to Participate in the 2024 Citi Global Healthcare Conference

REDWOOD CITY, Calif., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (“Coherus,” NASDAQ: CHRS) today announced that senior management will participate in the 2024 Citi Global Healthcare C...

23 days ago - GlobeNewsWire

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

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

6 weeks 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 –

6 weeks 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 ...

7 weeks 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...

4 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...

4 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...

5 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 –

6 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...

7 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...

7 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

7 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...

7 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 ...

8 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...

8 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® –

8 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...

8 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...

8 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...

8 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 – – ...

9 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...

9 months ago - Seeking Alpha

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

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

10 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 ...

10 months ago - GlobeNewsWire