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NASDAQ:CRBP

Corbus Pharmaceuticals (CRBP) Stock Price, News & Analysis

$42.69
-2.33 (-5.18%)
(As of 05/28/2024 ET)
Today's Range
$41.60
$46.25
50-Day Range
$33.50
$48.55
52-Week Range
$3.03
$50.42
Volume
140,478 shs
Average Volume
214,770 shs
Market Capitalization
$456.23 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$61.00

Corbus Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
42.9% Upside
$61.00 Price Target
Short Interest
Healthy
4.86% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.65
Upright™ Environmental Score
News Sentiment
0.65mentions of Corbus Pharmaceuticals in the last 14 days
Based on 7 Articles This Week
Insider Trading
Acquiring Shares
$10.01 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($5.86) to ($5.80) 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.

4.74 out of 5 stars

Medical Sector

120th out of 931 stocks

Pharmaceutical Preparations Industry

49th out of 435 stocks

CRBP stock logo

About Corbus Pharmaceuticals Stock (NASDAQ:CRBP)

Corbus Pharmaceuticals Holdings, Inc., a biopharmaceutical company, develops products to defeat serious illness. It develops CRB-701, an antibody drug conjugate (ADC) that targets the expression of Nectin-4 on cancer cells to release a cytotoxic payload of monomethyl auristatin E (MMAE), which is in Phase I clinical trial; CRB-601, an anti-integrin monoclonal antibody that blocks the activation of TGFß expressed on cancer cells for the treatment of solid tumors; CRB-913, a peripherally restricted cannabinoid type-1 (CB1) receptor inverse agonist for the treatment of obesity. It has a licensing agreement with Jenrin Discovery, LLC to develop and commercialize the licensed products, including the Jenrin library of approximately 600 compounds, and multiple issued and pending patent filings. The company was incorporated in 2009 and is based in Norwood, Massachusetts.

CRBP Stock Price History

CRBP Stock News Headlines

CRBP Corbus Pharmaceuticals Holdings, Inc.
7 A-Rated Aggressive Biotech Stocks to Bet On in 2024
CRBP Factor-Based Stock Analysis
CRBP Apr 2024 25.000 put
CRBP Mar 2024 45.000 put
CRBP Jun 2024 50.000 put
CRBP Jun 2024 50.000 call
All Three of Our Analysts Agree
CRBP Mar 2024 40.000 call
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
5/29/2024
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:CRBP
Employees
19
Year Founded
2009

Price Target and Rating

Average Stock Price Target
$61.00
High Stock Price Target
$77.00
Low Stock Price Target
$46.00
Potential Upside/Downside
+42.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-44,600,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$880,000.00
Book Value
$9.07 per share

Miscellaneous

Free Float
10,260,000
Market Cap
$456.23 million
Optionable
Optionable
Beta
2.46

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CRBP Stock Analysis - Frequently Asked Questions

Should I buy or sell Corbus Pharmaceuticals stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corbus Pharmaceuticals in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CRBP shares.
View CRBP analyst ratings
or view top-rated stocks.

What is Corbus Pharmaceuticals' stock price target for 2024?

3 analysts have issued 1 year price targets for Corbus Pharmaceuticals' stock. Their CRBP share price targets range from $46.00 to $77.00. On average, they anticipate the company's share price to reach $61.00 in the next year. This suggests a possible upside of 42.9% from the stock's current price.
View analysts price targets for CRBP
or view top-rated stocks among Wall Street analysts.

How have CRBP shares performed in 2024?

Corbus Pharmaceuticals' stock was trading at $6.04 at the start of the year. Since then, CRBP stock has increased by 606.8% and is now trading at $42.69.
View the best growth stocks for 2024 here
.

Are investors shorting Corbus Pharmaceuticals?

Corbus Pharmaceuticals saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 513,200 shares, a drop of 27.8% from the April 30th total of 710,700 shares. Based on an average daily volume of 278,000 shares, the short-interest ratio is presently 1.8 days. Approximately 4.9% of the company's stock are sold short.
View Corbus Pharmaceuticals' Short Interest
.

When is Corbus Pharmaceuticals' next earnings date?

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

How were Corbus Pharmaceuticals' earnings last quarter?

Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP) posted its quarterly earnings data on Tuesday, May, 7th. The biopharmaceutical company reported ($0.83) earnings per share for the quarter, beating the consensus estimate of ($1.09) by $0.26.

What other stocks do shareholders of Corbus Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Corbus Pharmaceuticals investors own include Visa (V), HP (HPQ), Fortive (FTV), Lowe's Companies (LOW), Sorrento Therapeutics (SRNE), Exelixis (EXEL), Matinas BioPharma (MTNB), Inovio Pharmaceuticals (INO) and KushCo (KSHB).

Who are Corbus Pharmaceuticals' major shareholders?

Corbus Pharmaceuticals' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Ikarian Capital LLC (5.23%), Vanguard Group Inc. (4.16%), Janus Henderson Group PLC (3.17%), Assenagon Asset Management S.A. (2.47%), Price T Rowe Associates Inc. MD (1.80%) and Altitude Crest Partners Inc. (0.97%). Insiders that own company stock include Cormorant Asset Management, Lp, Craig Stuart Millian, Sean F Moran and Yuval Cohen.
View institutional ownership trends
.

How do I buy shares of Corbus Pharmaceuticals?

Shares of CRBP 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:CRBP) was last updated on 5/29/2024 by MarketBeat.com Staff

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