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CervoMed (CRVO) Stock Price, News & Analysis

$18.45
-0.24 (-1.28%)
(As of 02:42 PM ET)
Today's Range
$18.11
$18.70
50-Day Range
$18.69
$25.93
52-Week Range
$4.14
$26.38
Volume
13,622 shs
Average Volume
25,966 shs
Market Capitalization
$113.84 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$57.50

CervoMed MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
209.6% Upside
$57.50 Price Target
Short Interest
Healthy
1.06% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.88mentions of CervoMed in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($1.13) to ($1.62) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.53 out of 5 stars

Medical Sector

723rd out of 931 stocks

Pharmaceutical Preparations Industry

339th out of 433 stocks

CRVO stock logo

About CervoMed Stock (NASDAQ:CRVO)

CervoMed Inc., a biotechnology company, engages in the development and commercialization of treatments for age-related neurologic disorders. Its lead drug candidate is neflamapimod, an orally administered small molecule brain penetrant for the treatment of dementia with Lewy bodies (DLB), Alzheimer's diseases, frontotemporal dementia, and ischemic stroke recovery. The company also develops EIP200 for central nervous system which is in preclinical trials. CervoMed Inc. was founded in 2010 and is headquartered in Boston, Massachusetts.

CRVO Stock Price History

CRVO Stock News Headlines

CervoMed Appoints William Elder To Succeed William Tanner As CFO
CervoMed Inc.
CervoMed secures $50 million in private placement
See More Headlines
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Company Calendar

Last Earnings
5/14/2024
Today
5/28/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:CRVO
Previous Symbol
NASDAQ:CRVO
Employees
8
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$57.50
High Stock Price Target
$65.00
Low Stock Price Target
$50.00
Potential Upside/Downside
+207.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-2,170,000.00
Pretax Margin
-51.35%

Debt

Sales & Book Value

Annual Sales
$7.14 million
Book Value
$1.30 per share

Miscellaneous

Free Float
6,047,000
Market Cap
$115.38 million
Optionable
Not Optionable
Beta
1.50
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Key Executives

  • Dr. John J. Alam M.D. (Age 62)
    Co-Founder, CEO, President & Director
    Comp: $680.25k
  • Dr. Sylvie L. Gregoire Pharm.D. (Age 63)
    Co-Founder & Director
    Comp: $352.43k
  • Mr. William Robert Elder J.D. (Age 41)
    General Counsel, Corporate Secretary & Acting Principal Financial Officer
    Comp: $407.55k
  • Dr. Robert J. Cobuzzi Jr. (Age 59)
    Ph.D., COO & Director
    Comp: $386.6k
  • Ms. Kelly Blackburn M.H.A. (Age 60)
    Senior Vice President of Clinical Development
    Comp: $404.94k
  • Dr. John William Tanner Ph.D. (Age 65)
    Chief Financial Officer (Leave of Absence)

CRVO Stock Analysis - Frequently Asked Questions

Should I buy or sell CervoMed stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CervoMed in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CRVO shares.
View CRVO analyst ratings
or view top-rated stocks.

What is CervoMed's stock price target for 2024?

2 equities research analysts have issued 12 month target prices for CervoMed's shares. Their CRVO share price targets range from $50.00 to $65.00. On average, they anticipate the company's stock price to reach $57.50 in the next twelve months. This suggests a possible upside of 209.6% from the stock's current price.
View analysts price targets for CRVO
or view top-rated stocks among Wall Street analysts.

How have CRVO shares performed in 2024?

CervoMed's stock was trading at $7.63 at the beginning of 2024. Since then, CRVO shares have increased by 143.4% and is now trading at $18.57.
View the best growth stocks for 2024 here
.

When is CervoMed's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our CRVO earnings forecast
.

How were CervoMed's earnings last quarter?

CervoMed Inc. (NASDAQ:CRVO) issued its earnings results on Tuesday, May, 14th. The company reported ($0.41) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.46) by $0.05. The company earned $2.35 million during the quarter, compared to analyst estimates of $2 million.

Who are CervoMed's major shareholders?

CervoMed's stock is owned by a number of retail and institutional investors. Top institutional shareholders include RA Capital Management L.P. (13.96%), Ikarian Capital LLC (3.85%) and Crown Advisors Management Inc. (1.62%).

How do I buy shares of CervoMed?

Shares of CRVO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CRVO) was last updated on 5/28/2024 by MarketBeat.com Staff

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