Corcept Therapeutics Incorporated (CORT)

NASDAQ: CORT · Real-Time Price · USD
63.54
-1.55 (-2.38%)
Feb 21, 2025, 4:00 PM EST - Market closed
-2.38%
Market Cap 6.66B
Revenue (ttm) 628.56M
Net Income (ttm) 140.49M
Shares Out 104.78M
EPS (ttm) 1.26
PE Ratio 50.40
Forward PE 32.75
Dividend n/a
Ex-Dividend Date n/a
Volume 1,150,818
Open 65.90
Previous Close 65.09
Day's Range 63.19 - 66.48
52-Week Range 20.84 - 75.00
Beta 0.58
Analysts Strong Buy
Price Target 97.00 (+52.66%)
Earnings Date Feb 26, 2025

About CORT

Corcept Therapeutics Incorporated engages in discovery and development of drugs for the treatment of severe endocrinologic, oncologic, metabolic, and neurologic disorders in the United States. It offers Korlym tablets medication for the treatment of hyperglycemia secondary to hypercortisolism in adult patients with endogenous cushing’s syndrome; and who have type 2 diabetes mellitus or glucose intolerance and have failed surgery or are not candidates for surgery. The company is also developing relacorilant, which is in phase III clinical trial ... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 1998
Employees 352
Stock Exchange NASDAQ
Ticker Symbol CORT
Full Company Profile

Financial Performance

In 2023, Corcept Therapeutics's revenue was $482.38 million, an increase of 20.04% compared to the previous year's $401.86 million. Earnings were $105.50 million, an increase of 4.15%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for CORT stock is "Strong Buy." The 12-month stock price forecast is $97.0, which is an increase of 52.66% from the latest price.

Price Target
$97.0
(52.66% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Corcept Therapeutics to Announce Fourth Quarter and Full-Year 2024 Financial Results, Provide Corporate Update and Host Conference Call

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Corcept Therapeutics Incorporated (NASDAQ: CORT) today announced it will report fourth quarter and full-year 2024 financial results and provide a corporate updat...

9 days ago - Business Wire

Big Money Keeps Buying Corcept

Corcept Therapeutics Incorporated (CORT) shares rise on treatment advances, Big Money buys.

24 days ago - FXEmpire

Kuehn Law Encourages Investors of Corcept Therapeutics Inc. to Contact Law Firm

NEW YORK , Jan. 24, 2025 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Corcept Therapeutics Inc. (NASDAQ: CORT) breache...

4 weeks ago - PRNewsWire

Corcept Therapeutics Generating Strong Revenue And Profit Growth

Corcept's sole drug, Korlym, treats Cushing Syndrome, a more prevalent condition than previously known, driving strong revenue and profit growth. A new market for Corcept's medications, diabetics, is ...

4 weeks ago - Seeking Alpha

Corcept Submits New Drug Application for Relacorilant as a Treatment for Patients With Hypercortisolism

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Corcept Therapeutics Incorporated (NASDAQ: CORT), a commercial-stage company engaged in the discovery and development of medications to treat severe endocrinolog...

7 weeks ago - Business Wire

Corcept's Phase 3 Long-Term Extension Study of Relacorilant Demonstrated Durable Cardiometabolic Improvements in Patients with Hypercortisolism

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Corcept Therapeutics Incorporated (NASDAQ: CORT), a commercial-stage company engaged in the discovery and development of medications to treat severe endocrinolog...

2 months ago - Business Wire

Corcept Announces Positive Results in Treatment Phase of CATALYST Trial in Patients With Hypercortisolism (Cushing's Syndrome) and Difficult-to-Control Diabetes

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Corcept Therapeutics Incorporated (NASDAQ: CORT), a commercial-stage company engaged in the discovery and development of medications to treat severe endocrinolog...

2 months ago - Business Wire

Corcept Therapeutics' ALS drug fails in mid-stage trial

Corcept Therapeutics said on Wednesday its experimental drug failed to meet the main goal of a mid-stage trial in patients with amyotrophic lateral sclerosis (ALS), a fatal neurodegenerative disease.

2 months ago - Reuters

Corcept Announces Results From Phase 2 Study of Dazucorilant in Patients With Amyotrophic Lateral Sclerosis (ALS)

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Corcept Therapeutics Incorporated (NASDAQ: CORT), a commercial-stage company engaged in the discovery and development of medications to treat severe endocrinolog...

2 months ago - Business Wire

Corcept Therapeutics: A Most Promising And Compelling Biotech

Corcept Therapeutics specializes in cortisol-modulating drugs, with Korlym targeting Cushing Syndrome and a promising pipeline, including Relacorilant, for diabetes and ovarian cancer. CORT's robust f...

3 months ago - Seeking Alpha

Corcept Therapeutics Incorporated (CORT) Q3 2024 Earnings Call Transcript

Corcept Therapeutics Incorporated (NASDAQ:CORT) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Atabak Mokari - Chief Financial Officer Charlie Robb - Chief Business...

4 months ago - Seeking Alpha

Corcept Therapeutics Announces Third Quarter Financial Results, Positive Results From Phase 3 GRADIENT Trial in Patients With Cushing's Syndrome and Provides Corporate Update

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Corcept Therapeutics Incorporated (NASDAQ: CORT), a commercial-stage company engaged in the discovery and development of medications to treat severe endocrinolog...

4 months ago - Business Wire

Corcept Therapeutics to Announce Third Quarter Financial Results, Provide Corporate Update and Host Conference Call

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Corcept Therapeutics Incorporated (NASDAQ: CORT) today announced it will report third quarter financial results and provide a corporate update on October 30, 202...

4 months ago - Business Wire

Corcept: Key Announcements Coming Soon

Corcept's upcoming Q4 announcements include pivotal trial results for Relacorilant in ovarian cancer, Dazucorilant in ALS, and an NDA filing for Relacorilant in Cushing's. Positive results from these ...

4 months ago - Seeking Alpha

Corcept Therapeutics' Commercial Drug Korlym Sales Impress Despite Increased Competition, Analyst Boosts Price Forecast

Truist Securities raised the price target for Corcept Therapeutics Incorporated CORT and cites continued momentum in Korlym sales more than a decade after launch amid increasing competition and says i...

5 months ago - Benzinga

3 Small Biotech Stocks With The 'Big Mo' Right Now

Three small biotech stocks that I have covered lately have shown significant upward movement recently due to positive news. The stocks are experiencing what I call the 'Big Mo,' indicating strong mome...

Other symbols: AUPHVRDN
5 months ago - Seeking Alpha

Corcept Therapeutics - Three Dynamic Catalysts To Reaccelerate Growth

Corcept is a profitable midcap biotechnology company specializing in treating Cushing's Syndrome, with significant potential for revenue growth and expansion into other therapeutic areas. Recent study...

5 months ago - Seeking Alpha

Corcept Therapeutics: Q2 Gains Overshadowed By Generic Competition And Speculative Pipeline

Corcept Therapeutics' strong Q2 earnings exceed expectations, with revenue climbing 39% YoY and EPS beating analyst estimates. The District Court ruled in favor of Teva, enabling the launch of a gener...

7 months ago - Seeking Alpha

Corcept Therapeutics Incorporated (CORT) Q2 2024 Earnings Call Transcript

Corcept Therapeutics Incorporated (NASDAQ:CORT) Q2 2024 Earnings Conference Call July 29, 2024 5:00 PM ET Company Participants Atabak Mokari - Chief Financial Officer Charles Robb - Chief Business Of...

7 months ago - Seeking Alpha

Corcept Therapeutics to Announce Second Quarter Financial Results, Provide Corporate Update and Host Conference Call

MENLO PARK, Calif., July 22, 2024 (GLOBE NEWSWIRE) -- Corcept Therapeutics Incorporated (NASDAQ: CORT) today announced it will report second quarter financial results and provide a corporate update on...

7 months ago - GlobeNewsWire

These small-cap stocks score highest when screened for quality

After years of dominance by the largest tech companies in the U.S. stock market, interest is spreading to overlooked companies that might be a better value for investors looking to diversify, lower th...

7 months ago - Market Watch

Corcept Announces Presentation of Results From Prevalence Phase of CATALYST Clinical Trial at American Diabetes Association's Scientific Sessions

MENLO PARK, Calif., June 24, 2024 (GLOBE NEWSWIRE) -- Corcept Therapeutics Incorporated (NASDAQ: CORT), a commercial-stage company engaged in the discovery and development of medications to treat seve...

8 months ago - GlobeNewsWire

Corcept Therapeutics Announces Presentations of Results of Pivotal Phase 3 GRACE Trial Evaluating Relacorilant in Patients with Hypercortisolism (Cushing's Syndrome)

MENLO PARK, Calif., June 03, 2024 (GLOBE NEWSWIRE) -- Corcept Therapeutics Incorporated (NASDAQ: CORT), a commercial-stage company engaged in the discovery and development of medications to treat seve...

9 months ago - GlobeNewsWire

Corcept Therapeutics Incorporated (CORT) Q1 2024 Earnings Call Transcript

Corcept Therapeutics Incorporated (NASDAQ:CORT) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Atabak Mokari - Chief Financial Officer Charlie Robb - Chief Business Offi...

10 months ago - Seeking Alpha

Corcept Therapeutics Announces First Quarter Financial Results and Provides Corporate Update

MENLO PARK, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- Corcept Therapeutics Incorporated (NASDAQ: CORT), a commercial-stage company engaged in the discovery and development of medications to treat sever...

10 months ago - GlobeNewsWire