CRVO icon

CervoMed

9.80 USD
+0.31
3.27%
At close Apr 17, 4:00 PM EDT
After hours
10.00
+0.20
2.04%
1 day
3.27%
5 days
13.95%
1 month
8.29%
3 months
364.45%
6 months
-30.25%
Year to date
339.46%
1 year
-60.80%
5 years
-57.04%
10 years
-99.69%
 

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: 15

0
Funds holding %
of 7,407 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2024 Q4 regulatory disclosures 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

24.48% less ownership

Funds ownership: 42.49% [Q3] → 18.01% (-24.48%) [Q4]

93% less capital invested

Capital invested by funds: $51.2M [Q3] → $3.46M (-$47.7M) [Q4]

Research analyst outlook

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

Low target
$10
2%
upside
Avg. target
$16
63%
upside
High target
$21
114%
upside

5 analyst ratings

positive
100%
neutral
0%
negative
0%
D. Boral Capital
Jason Kolbert
21% 1-year accuracy
74 / 353 met price target
2%upside
$10
Buy
Maintained
26 Mar 2025
Roth MKM
Boobalan Pachaiyappan
50% 1-year accuracy
5 / 10 met price target
104%upside
$20
Buy
Maintained
18 Mar 2025
Canaccord Genuity
Sumant Kulkarni
7% 1-year accuracy
2 / 29 met price target
114%upside
$21
Buy
Maintained
18 Mar 2025
Chardan Capital
Daniil Gataulin
16% 1-year accuracy
8 / 49 met price target
43%upside
$14
Buy
Maintained
18 Mar 2025
Jones Trading
Soumit Roy
15% 1-year accuracy
2 / 13 met price target
53%upside
$15
Buy
Upgraded
13 Mar 2025

Financial journalist opinion

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

Positive
Seeking Alpha
2 weeks ago
Biotech Stocks Q1 2025 Recap: Winners And Underperformers
Investing in biotech can be highly rewarding but is fraught with risks; understanding past catalysts can help investors make informed decisions and minimize downside risk. CervoMed Inc. surged over 300% in Q1 2025 due to positive Phase 2b trial results for its lead drug candidate, neflamapimod despite earlier setbacks. Chimerix Inc. gained over 144% after announcing an acquisition by Jazz Pharmaceuticals and positive FDA feedback on its lead drug candidate, dordaviprone.
Biotech Stocks Q1 2025 Recap: Winners And Underperformers
Neutral
GlobeNewsWire
3 weeks ago
CervoMed Announces Oral Presentation at 19th International Conference on Alzheimer's and Parkinson's Diseases and Related Neurologic Disorders (AP/PD™)
BOSTON, March 25, 2025 (GLOBE NEWSWIRE) -- CervoMed Inc. (NASDAQ: CRVO), a clinical stage company focused on developing treatments for age-related neurologic disorders, today announced it will deliver an oral presentation at the 19th International Conference on Alzheimer's and Parkinson's Diseases and Related Neurologic Disorders (AP/PD™), being held on April 1-5, 2025 in in Vienna, Austria. The Company will be presenting detailed analyses from the Extension Phase of the RewinD-LB Phase 2b study of neflamapimod in dementia with Lewy bodies (DLB).
CervoMed Announces Oral Presentation at 19th International Conference on Alzheimer's and Parkinson's Diseases and Related Neurologic Disorders (AP/PD™)
Positive
Seeking Alpha
4 weeks ago
CervoMed: Extension Study Data In Dementia With Lewy Bodies Is Potentially Exciting, With Caveats
CervoMed's stock surged more than 400% after interim data showed significant improvement with a new batch of neflamapimod in treating Dementia with Lewy Bodies. The recent interim readout deserves excitement, but I do express several concerns related to, among others, potential learning and placebo effects, subjective CDR-SB results, and lack of biomarker data. CervoMed is well-funded into 2026, but may need additional funds for further trials to bring neflamapimod to market for DLB.
CervoMed: Extension Study Data In Dementia With Lewy Bodies Is Potentially Exciting, With Caveats
Neutral
GlobeNewsWire
1 month 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
2 months 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
4 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
4 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
4 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
4 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
4 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
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