CRVO icon

CervoMed

5.79 USD
-0.38
6.16%
At close Mar 13, 4:00 PM EDT
Pre-market
5.87
+0.08
1.38%
1 day
-6.16%
5 days
170.56%
1 month
164.38%
3 months
204.74%
6 months
-66.93%
Year to date
159.64%
1 year
-65.92%
5 years
-62.65%
10 years
-99.82%
 

About: CervoMed Inc is a clinical-stage biotechnology company. It is focused on developing treatments for age-related neurologic disorders. The company's product candidate, Neflamapimod has the potential to treat and improve synaptic dysfunction, the reversible aspect of the underlying disease processes in DLB and certain other neurological disorders.

Employees: 8

0
Funds holding %
of 7,372 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

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

30% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 10

6% less funds holding

Funds holding: 49 [Q3] → 46 (-3) [Q4]

19% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 16

24.53% less ownership

Funds ownership: 42.54% [Q3] → 18.01% (-24.53%) [Q4]

93% less capital invested

Capital invested by funds: $51.2M [Q3] → $3.46M (-$47.8M) [Q4]

Research analyst outlook

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

Low target
$10
73%
upside
Avg. target
$13.50
133%
upside
High target
$15
159%
upside

4 analyst ratings

positive
100%
neutral
0%
negative
0%
Jones Trading
Soumit Roy
19% 1-year accuracy
3 / 16 met price target
159%upside
$15
Buy
Upgraded
13 Mar 2025
Chardan Capital
Daniil Gataulin
22% 1-year accuracy
9 / 41 met price target
142%upside
$14
Buy
Upgraded
13 Mar 2025
Roth MKM
Boobalan Pachaiyappan
44% 1-year accuracy
4 / 9 met price target
159%upside
$15
Buy
Maintained
11 Mar 2025
D. Boral Capital
Jason Kolbert
26% 1-year accuracy
72 / 279 met price target
73%upside
$10
Buy
Maintained
11 Mar 2025

Financial journalist opinion

Neutral
GlobeNewsWire
3 days ago
CervoMed Announces Positive Results from the Extension Phase of its Phase 2b Clinical Study of Neflamapimod in Patients with Dementia with Lewy Bodies
A new batch of neflamapimod capsules led to increased plasma drug concentrations and demonstrated improvement (p
CervoMed Announces Positive Results from the Extension Phase of its Phase 2b Clinical Study of Neflamapimod in Patients with Dementia with Lewy Bodies
Neutral
GlobeNewsWire
1 month ago
CervoMed to Present at the 8th International Lewy Body Dementia Conference
BOSTON, Jan. 29, 2025 (GLOBE NEWSWIRE) -- CervoMed Inc. (NASDAQ: CRVO), a clinical stage company focused on developing treatments for age-related neurologic disorders, today announced that topline results from the Phase 2b RewinD-LB study will be presented at the 8th International Lewy Body Dementia Conference (ILBDC), being held in Amsterdam, on January 31, 2025. The initial topline results for the Phase 2b study of neflamapimod in dementia with Lewy bodies (DLB) were previously disclosed on December 10, 2024 and are available here.
CervoMed to Present at the 8th International Lewy Body Dementia Conference
Neutral
GlobeNewsWire
3 months ago
CervoMed Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
BOSTON, Dec. 12, 2024 (GLOBE NEWSWIRE) -- CervoMed Inc. (NASDAQ: CRVO) (the “Company”), a clinical stage company focused on developing treatments for age-related neurologic disorders, today announced that it has granted equity awards as a material inducement to the employment of two new employees.
CervoMed Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Negative
Benzinga
3 months ago
CervoMed's Dementia Candidate Fails In Mid-Stage Study, Stock Plummets
On Tuesday, CervoMed Inc.  CRVO stock is trading lower after the company revealed topline data from the RewinD-LB Phase 2b clinical trial evaluating neflamapimod for dementia with Lewy bodies (DLB).
CervoMed's Dementia Candidate Fails In Mid-Stage Study, Stock Plummets
Negative
Market Watch
3 months ago
CervoMed's stock craters 77% after failed trial of treatment for rare brain disease
CervoMed Inc.'s stock cratered early Tuesday after the biotech company said a midstage trial of a treatment for patients with dementia with Lewy bodies, or DLB, failed to meet its main goals.
CervoMed's stock craters 77% after failed trial of treatment for rare brain disease
Negative
Reuters
3 months ago
CervoMed's dementia drug fails to meet mid-stage trial goals
U.S. drug developer CervoMed said on Tuesday its experimental drug for a common degenerative brain disease did not meet the main or secondary goals in a mid-stage clinical trial.
CervoMed's dementia drug fails to meet mid-stage trial goals
Neutral
GlobeNewsWire
3 months ago
CervoMed Announces Topline Data from RewinD-LB Phase 2b Clinical Trial in Patients with Dementia with Lewy Bodies
—Neflamapimod did not demonstrate statistically significant effects versus placebo on primary and secondary endpoints at 16 weeks—
CervoMed Announces Topline Data from RewinD-LB Phase 2b Clinical Trial in Patients with Dementia with Lewy Bodies
Neutral
GlobeNewsWire
3 months ago
CervoMed Announces Orphan Drug Designation Granted to Neflamapimod by U.S. Food and Drug Administration for the Treatment of Frontotemporal Dementia
Designation underscores significant unmet need in frontotemporal dementia and the potential role of neflamapimod in multiple neurologic disorders
CervoMed Announces Orphan Drug Designation Granted to Neflamapimod by U.S. Food and Drug Administration for the Treatment of Frontotemporal Dementia
Neutral
GlobeNewsWire
4 months ago
CervoMed Reports Third Quarter 2024 Financial Results and Provides Corporate Updates
- Reported last patient, last visit in its RewinD-LB Phase 2b clinical trial evaluating neflamapimod in patients with early-stage dementia with Lewy bodies (DLB) in October 2024; topline data expected in December 2024 –
CervoMed Reports Third Quarter 2024 Financial Results and Provides Corporate Updates
Neutral
GlobeNewsWire
4 months ago
CervoMed Awarded the Prix Galien USA 2024 Prize for Best Startup
The Prix Galien USA Best Startup category recognizes outstanding innovation by therapeutics-focused life science companies that have not yet received their first product approval
CervoMed Awarded the Prix Galien USA 2024 Prize for Best Startup
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