Corbus PharmaceuticalsCRBP
Market Cap: $623M
About: Corbus Pharmaceuticals Holdings Inc is a precision oncology company with a diversified portfolio and is committed to helping people defeat serious illness by bringing scientific approaches to well-understood biological pathways. The company's development pipeline includes; CRB-701, a next-generation antibody-drug conjugate (ADC) that targets the expression of Nectin-4 on cancer cells to release a cytotoxic payload, CRB-601, an anti-integrin monoclonal antibody that blocks the activation of TGF expressed on cancer cells, and CRB-913 a second-generation peripherally restricted CB1 receptor inverse agonist designed to treat obesity.
Employees: 19
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
156% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 16
100% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 6 (+3) [Q2]
42% more capital invested
Capital invested by funds: $341M [Q1] → $486M (+$145M) [Q2]
30% more funds holding
Funds holding: 82 [Q1] → 107 (+25) [Q2]
17.64% more ownership
Funds ownership: 82.95% [Q1] → 100.59% (+17.64%) [Q2]
4% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 24
22% less call options, than puts
Call options by funds: $1.19M | Put options by funds: $1.52M
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
RBC Capital Brian Abrahams 49% 1-year accuracy 38 / 77 met price target | 59%upside $82 | Outperform Reiterated | 28 Aug 2024 |
RBC Capital Brian Abrahams 49% 1-year accuracy 38 / 77 met price target | 59%upside $82 | Outperform Reiterated | 7 Aug 2024 |
Oppenheimer Jeff Jones 67% 1-year accuracy 20 / 30 met price target | 70%upside $88 | Outperform Maintained | 7 Aug 2024 |
HC Wainwright & Co. Andrew Fein 46% 1-year accuracy 76 / 164 met price target | 55%upside $80 | Buy Reiterated | 6 Aug 2024 |
HC Wainwright & Co. Andrew Fein 46% 1-year accuracy 76 / 164 met price target | 55%upside $80 | Buy Reinstated | 22 Jul 2024 |
Financial journalist opinion
Based on 3 articles about CRBP published over the past 30 days