Coherus BioSciences - CHRS Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Coherus BioSciences in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CHRS shares.
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4 analysts have issued 1 year target prices for Coherus BioSciences' shares. Their CHRS share price forecasts range from $7.00 to $30.00. On average, they predict the company's stock price to reach $19.00 in the next year. This suggests a possible upside of 95.3% from the stock's current price.
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Coherus BioSciences' stock was trading at $15.96 at the beginning of the year. Since then, CHRS stock has decreased by 39.0% and is now trading at $9.73.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
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Coherus BioSciences, Inc. (NASDAQ:CHRS) released its quarterly earnings data on Thursday, August, 4th. The biotechnology company reported ($0.65) EPS for the quarter, topping the consensus estimate of ($0.96) by $0.31. The biotechnology company had revenue of $60.15 million for the quarter, compared to the consensus estimate of $58 million. Coherus BioSciences had a negative net margin of 83.47% and a negative trailing twelve-month return on equity of 422.10%. During the same quarter in the prior year, the firm posted ($0.40) earnings per share.

21 employees have rated Coherus BioSciences Chief Executive Officer Dennis M. Lanfear on Glassdoor.com. Dennis M. Lanfear has an approval rating of 95% among the company's employees. This puts Dennis M. Lanfear in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Coherus BioSciences investors own include Halozyme Therapeutics (HALO), Chembio Diagnostics (CEMI), Exelixis (EXEL), Heron Therapeutics (HRTX), TG Therapeutics (TGTX), Intelsat (I), Idera Pharmaceuticals (IDRA), Immunomedics (IMMU), Sangamo Therapeutics (SGMO) and Viking Therapeutics (VKTX).

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

Shares of CHRS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CHRS stock can currently be purchased for approximately $9.73.

Coherus BioSciences (NASDAQ:CHRS) has a market capitalization of $756.26 million and generates $326.55 million in revenue each year. The biotechnology company earns $-287,100,000.00 in net income (profit) each year or ($2.98) on an earnings per share basis.

The company employs 332 workers across the globe.

Coherus BioSciences' mailing address is 333 TWIN DOLPHIN DRIVE SUITE 600, REDWOOD CITY CA, 94065. The official website for the company is www.coherus.com. The biotechnology company can be reached via phone at (650) 649-3530 or via email at darrington@coherus.com.