GeronGERN
About: Geron Corp is a clinical-stage biopharmaceutical company focused on the research and development of cancer treatments. The company's drug in development, Imelstat, is being tested for the treatment of myelodysplastic syndromes, which are disorders of the blood, and myelofibrosis, which is a rare blood cancer affecting bone marrow. The company earns revenue through collaboration agreements, milestones, royalties, and licensing arrangements. Geron possesses various rights to this drug. The company operates as a single segment being, the development of therapeutic products for oncology.
Employees: 141
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
198% more call options, than puts
Call options by funds: $15.4M | Put options by funds: $5.18M
59% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 29
42% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 60
17% more capital invested
Capital invested by funds: $1.98B [Q2] → $2.31B (+$332M) [Q3]
7% more funds holding
Funds holding: 238 [Q2] → 255 (+17) [Q3]
5.94% more ownership
Funds ownership: 78.59% [Q2] → 84.54% (+5.94%) [Q3]
17% less funds holding in top 10
Funds holding in top 10: 6 [Q2] → 5 (-1) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Needham Gil Blum 21% 1-year accuracy 34 / 164 met price target | 72%upside $6 | Buy Reiterated | 13 Dec 2024 |
HC Wainwright & Co. Emily Bodnar 17% 1-year accuracy 26 / 150 met price target | 158%upside $9 | Buy Reiterated | 10 Dec 2024 |
Scotiabank Greg Harrison 33% 1-year accuracy 9 / 27 met price target | 72%upside $6 | Sector Outperform Initiated | 16 Oct 2024 |
Financial journalist opinion
Based on 5 articles about GERN published over the past 30 days