
Coherus BioSciences (CHRS) Stock Forecast & Price Target
Coherus BioSciences (CHRS) Analyst Ratings
Bulls say
Coherus Oncology Inc. has demonstrated a positive financial trajectory, reporting annual net revenue of $267 million, marking a 4% year-over-year increase, with a notable 37% growth in new accounts purchasing its approved PD-1 inhibitor, LOQTORZI. The company has seen substantial progress in the LOQTORZI launch, achieving sales of $7.5 million in the fourth quarter, which reflects a 29% quarter-over-quarter growth. Additionally, strategic positioning against Merck's impending loss of exclusivity for Keytruda, alongside promising data from clinical studies and heightened awareness efforts, supports a favorable outlook for the company's future partnerships and revenue generation.
Bears say
Coherus Oncology reported a significant decline in total revenue, with a 40.8% drop year-over-year to $54.1 million in 4Q24, indicating challenges in maintaining sales momentum. Despite a substantial reduction in selling, general, and administrative expenses by 16.6% to $41.3 million, the company still posted a non-GAAP loss per share of $0.62, exceeding both internal estimates and market consensus. Additionally, Coherus faces multiple risks, including regulatory hurdles, intense competition from larger firms, potential pricing pressures, and intellectual property challenges that could hinder the launch of key pipeline assets.
This aggregate rating is based on analysts' research of Coherus BioSciences and is not a guaranteed prediction by Public.com or investment advice.
Coherus BioSciences (CHRS) Analyst Forecast & Price Prediction
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