MESO

Mesoblast
MESO

$6.47
4.52%

Market Cap: $739M

 

About: Mesoblast Ltd is a biotechnology company. It uses its proprietary technology platform to develop and commercialize allogeneic cellular medicines to treat complex diseases resistant to conventional standards of care and where inflammation plays a central role. The company's product candidates include; Ryoncil (remestemcel-L) for the treatment of steroid refractory acute graft versus host disease as well as for the treatment of moderate to severe acute respiratory distress syndrome; Revascor (rexlemestrocel-L) for the treatment of chronic heart failure; and Rexlemestrocel-L for chronic low back pain. The company is managed as one operating segment, being the development of cell technology platform for commercialization.

Employees: 73

0
Funds holding %
of 6,710 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

240% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 5

175% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 4

67% more capital invested

Capital invested by funds: $5.83M [Q1] → $9.74M (+$3.91M) [Q2]

46% more funds holding

Funds holding: 26 [Q1] → 38 (+12) [Q2]

38% more call options, than puts

Call options by funds: $3.22M | Put options by funds: $2.34M

0.02% more ownership

Funds ownership: 0.1% [Q1] → 0.13% (+0.02%) [Q2]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$11
70%
upside
Avg. target
$11
70%
upside
High target
$11
70%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Piper Sandler
Edward Tenthoff
38% 1-year accuracy
13 / 34 met price target
70%upside
$11
Overweight
Upgraded
23 Jul 2024

Financial journalist opinion

Based on 3 articles about MESO published over the past 30 days