CHRS icon

Coherus BioSciences

1.12 USD
+0.11
10.89%
At close Apr 17, 4:00 PM EDT
After hours
1.09
-0.03
2.68%
1 day
10.89%
5 days
49.33%
1 month
22.31%
3 months
-19.42%
6 months
32.04%
Year to date
-20.00%
1 year
-47.91%
5 years
-92.79%
10 years
-95.60%
 

About: Coherus BioSciences Inc is a commercial-stage biopharmaceutical company focused on the research, development and commercialization of innovative immunotherapies to treat cancer. Coherus is developing an innovative immuno-oncology pipeline which includes multiple antibody immunotherapy candidates focused on enhancing the innate and adaptive immune responses to enable a robust antitumor immunologic response and enhance outcomes for patients with cancer.

Employees: 228

0
Funds holding %
of 7,407 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

4,679% more call options, than puts

Call options by funds: $7.36M | Put options by funds: $154K

13% more capital invested

Capital invested by funds: $79.9M [Q3] → $90.1M (+$10.1M) [Q4]

9% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 33

5% less funds holding

Funds holding: 129 [Q3] → 122 (-7) [Q4]

10.13% less ownership

Funds ownership: 66.8% [Q3] → 56.66% (-10.13%) [Q4]

17% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 35

Research analyst outlook

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

Low target
$7
525%
upside
Avg. target
$7
525%
upside
High target
$7
525%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
HC Wainwright & Co.
Douglas Tsao
17% 1-year accuracy
29 / 171 met price target
525%upside
$7
Buy
Reiterated
11 Mar 2025

Financial journalist opinion

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

Positive
Seeking Alpha
2 days ago
Coherus BioSciences: Cleaning The Balance Sheet And Developing New Drugs
Coherus BioSciences is now heavily focused on developing its pipeline, particularly casdozokitug and CHS-114, after shedding its marketed biosimilar drugs. Casdozokitug shows promise in metastatic hepatocellular carcinoma with a 17.2% complete response rate in phase 1 and is now in a phase 2 study. CHRS is still marketing Loqtorzi for nasopharyngeal carcinoma, with Q4'24 revenues of $7.5M representing 29% growth over the prior quarter.
Coherus BioSciences: Cleaning The Balance Sheet And Developing New Drugs
Neutral
GlobeNewsWire
5 days ago
Coherus Completes Strategic Transformation with Successful Divestiture of UDENYCA® Franchise
– $250 million post-close cash balance extends cash runway over two years into 2027, funding pipeline development through key data catalysts –
Coherus Completes Strategic Transformation with Successful Divestiture of UDENYCA® Franchise
Neutral
GlobeNewsWire
3 weeks ago
Coherus to Present Data from a Phase 1 Dose Expansion Study of CHS-114, a Cytolytic Antibody Targeting Chemokine Receptor 8 (CCR8), at the 2025 American Association for Cancer Research (AACR) Annual Meeting
REDWOOD CITY, Calif., March 25, 2025 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (“Coherus,” NASDAQ: CHRS), a commercial-stage innovative oncology company, today announced that an abstract highlighting interim data from its ongoing Phase 1 clinical trial evaluating CHS-114, a selective, cytolytic anti-CCR8 antibody, as monotherapy and in combination with toripalimab in patients with recurrent/metastatic head and neck squamous cell carcinoma (HNSCC), has been selected for a poster presentation at the upcoming 2025 AACR Annual Meeting, being held April 25-30, 2025, at McCormick Place Convention Center in Chicago, Illinois.
Coherus to Present Data from a Phase 1 Dose Expansion Study of CHS-114, a Cytolytic Antibody Targeting Chemokine Receptor 8 (CCR8), at the 2025 American Association for Cancer Research (AACR) Annual Meeting
Neutral
Seeking Alpha
1 month ago
Coherus BioSciences, Inc. (CHRS) Q4 2024 Earnings Call Transcript
Coherus BioSciences, Inc. (NASDAQ:CHRS ) Q4 2024 Earnings Conference Call March 10, 2025 5:00 PM ET Company Participants Jodi Sievers - Head of IR Denny Lanfear - CEO Paul Reider - CCO Sameer Goregaoker - SVP, Immuno-Oncology Marketing Theresa LaVallee - CDO Rosh Dias - CMO Bryan McMichael - CFO Conference Call Participants Srikripa Devarakonda - Truist Securities Yigal Nochomovitz - Citigroup Colleen Kusy - Baird Michael Nedelcovych - TD Cowen Brian Cheng - JPMorgan Douglas Tsao - H.C. Wainwright Operator Hello everyone and welcome to the Coherus Fourth Quarter Year Ending 2024 Financial Results Conference call.
Coherus BioSciences, Inc. (CHRS) Q4 2024 Earnings Call Transcript
Neutral
GlobeNewsWire
1 month ago
Coherus BioSciences Reports Fourth Quarter, Full Year 2024 Financial Results and Provides Business Update
– Annual net revenue increased 4% to $267.0 million in 2024, despite significant divestitures – – UDENYCA® net revenue increased 62% year-over-year – – LOQTORZI® net revenue increased 29% quarter-over-quarter –
Coherus BioSciences Reports Fourth Quarter, Full Year 2024 Financial Results and Provides Business Update
Neutral
GlobeNewsWire
1 month ago
Coherus to Report Fourth Quarter and Full Year 2024 Financial Results on March 10, 2025
REDWOOD CITY, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (“Coherus,” NASDAQ: CHRS) today announced that its fourth quarter and full year 2024 financial results will be released after market close on Monday, March 10, 2025. Starting at 5:00 p.m. ET on March 10, 2025, Coherus' management team will host a conference call and webcast to discuss financial results and provide a general business update.
Coherus to Report Fourth Quarter and Full Year 2024 Financial Results on March 10, 2025
Neutral
GlobeNewsWire
1 month ago
Coherus Management to Participate at the 45th Annual TD Cowen Health Care Conference
REDWOOD CITY, Calif., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (“Coherus,” NASDAQ: CHRS) today announced that senior management will participate in a fireside chat presentation at the 45th Annual TD Cowen Health Care Conference on Tuesday, March 4, 2025, at 11:50 a.m., Eastern time. A live audio webcast will be accessible through a link posted on the “Events and Presentations” section of the Coherus' investor website:  https://investors.coherus.com/events-presentations . A replay of the presentation will be available on this same website for approximately 90 days.
Coherus Management to Participate at the 45th Annual TD Cowen Health Care Conference
Neutral
GlobeNewsWire
4 months ago
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 -
Coherus to Present Final Phase 2 Casdozokitug Combination Data in Patients with Metastatic Hepatocellular Carcinoma at ASCO-GI 2025
Positive
Seeking Alpha
4 months ago
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 holds $97.7 million in cash, $36.6 million in term loans, and $227.9 million in convertible notes, with $70.8 million in net revenues. CHRS is divesting their Udenyca franchise for $483.4 million, with potential milestone payments, following previous sales of Cimerli and Yusimry franchises.
Coherus BioSciences: Shedding Pegfilgrastim To Fuel Ongoing Development
Positive
Benzinga
4 months ago
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 million.
Why Is Coherus BioSciences Stock Trading Higher On Tuesday?
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