NASDAQ:CHRS - Coherus Biosciences Stock Price, Forecast & News

Coherus Biosciences trades on the NASDAQ under the ticker symbol "CHRS."

Coherus Biosciences Inc (NASDAQ:CHRS) issued its earnings results on Wednesday, November, 6th. The biotechnology company reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.36 by $0.27. The biotechnology company had revenue of $111.68 million for the quarter, compared to the consensus estimate of $93.58 million. View Coherus Biosciences' Earnings History.

Coherus Biosciences is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Coherus Biosciences.

7 brokerages have issued 12 month price targets for Coherus Biosciences' shares. Their forecasts range from $27.00 to $43.00. On average, they anticipate Coherus Biosciences' stock price to reach $32.71 in the next twelve months. This suggests a possible upside of 70.5% from the stock's current price. View Analyst Price Targets for Coherus Biosciences.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Coherus Biosciences in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Coherus Biosciences.

News headlines about CHRS stock have trended somewhat negative on Thursday, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Coherus Biosciences earned a coverage optimism score of -1.7 on InfoTrie's scale. They also gave news headlines about the biotechnology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Coherus Biosciences.

Coherus Biosciences saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 10,770,000 shares, an increase of 7.2% from the January 15th total of 10,050,000 shares. Based on an average daily volume of 1,040,000 shares, the days-to-cover ratio is currently 10.4 days. Currently, 16.9% of the company's stock are short sold. View Coherus Biosciences' Current Options Chain.

Some companies that are related to Coherus Biosciences include argenx (ARGX), Acceleron Pharma (XLRN), China Biologic Products (CBPO), Repligen (RGEN), Spark Therapeutics (ONCE), bluebird bio (BLUE), Iovance Biotherapeutics (IOVA), Ablynx (ABLYF), Adaptive Biotechnologies (ADPT), Allogene Therapeutics (ALLO), Crispr Therapeutics (CRSP), Halozyme Therapeutics (HALO), Momenta Pharmaceuticals (MNTA), Audentes Therapeutics (BOLD) and Fate Therapeutics (FATE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Coherus Biosciences investors own include Chembio Diagnostics (CEMI), Halozyme Therapeutics (HALO), Intelsat (I), Exelixis (EXEL), Bank of America (BAC), Heron Therapeutics (HRTX), Immunomedics (IMMU), Progenics Pharmaceuticals (PGNX), Fossil Group (FOSL) and Sangamo Therapeutics (SGMO).

Coherus Biosciences' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Temasek Holdings Private Ltd (10.53%), State Street Corp (4.97%), Lord Abbett & CO. LLC (4.38%), Alliancebernstein L.P. (3.11%), UBS Asset Management Americas Inc. (2.73%) and Goldman Sachs Group Inc. (2.02%). Company insiders that own Coherus Biosciences stock include Barbara K Finck, Dennis M Lanfear, James Healy, Jean-Frederic Viret and Vincent R Anicetti. View Institutional Ownership Trends for Coherus Biosciences.

CHRS stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Partner Fund Management L.P., First Trust Advisors LP, Chartwell Investment Partners LLC, Credit Suisse AG, 361 Capital LLC, PNC Financial Services Group Inc. and Russell Investments Group Ltd.. Company insiders that have sold Coherus Biosciences company stock in the last year include Dennis M Lanfear, James Healy, Jean-Frederic Viret and Vincent R Anicetti. View Insider Buying and Selling for Coherus Biosciences.

CHRS stock was bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Temasek Holdings Private Ltd, State Street Corp, Hawk Ridge Capital Management LP, Goldman Sachs Group Inc., UBS Asset Management Americas Inc., Charles Schwab Investment Management Inc. and Panagora Asset Management Inc.. View Insider Buying and Selling for Coherus Biosciences.

Shares of CHRS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CHRS stock can currently be purchased for approximately $19.19.

Coherus Biosciences has a market capitalization of $1.35 billion and generates $1.56 million in revenue each year. The biotechnology company earns $-209,340,000.00 in net income (profit) each year or ($3.22) on an earnings per share basis. Coherus Biosciences employs 232 workers across the globe.View Additional Information About Coherus Biosciences.

The official website for Coherus Biosciences is http://www.coherus.com/.

Coherus Biosciences' mailing address is 333 TWIN DOLPHIN DRIVE SUITE 600, REDWOOD CITY CA, 94065. The biotechnology company can be reached via phone at 650-649-3530 or via email at [email protected]