NASDAQ:CRBP

Corbus Pharmaceuticals (CRBP) Stock Price, News & Analysis

$41.47
+1.70 (+4.27%)
(As of 10:21 AM ET)
Today's Range
$39.99
$42.27
50-Day Range
$28.00
$47.08
52-Week Range
$3.03
$49.87
Volume
67,865 shs
Average Volume
713,859 shs
Market Capitalization
$435.85 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$52.00

Corbus Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
27.4% Upside
$52.00 Price Target
Short Interest
Bearish
6.00% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.65
Upright™ Environmental Score
News Sentiment
0.34mentions of Corbus Pharmaceuticals in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$10.01 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($5.21) to ($5.12) 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.

4.33 out of 5 stars

Medical Sector

171st out of 903 stocks

Pharmaceutical Preparations Industry

69th out of 420 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

Elon Musk Secret Crypto Plot Exposed
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
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Elon Musk Secret Crypto Plot Exposed
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
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
Corbus Pharmaceuticals just upgraded at Jefferies, here's why
Corbus Pharmaceuticals Names Dominic Smethurst CMO
Corbus Pharmaceuticals Holdings Inc (3371.MU)
ACAD Mar 2024 35.000 put
See More Headlines
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Company Calendar

Last Earnings
3/12/2024
Today
5/08/2024
Next Earnings (Estimated)
5/14/2024
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
$52.00
High Stock Price Target
$58.00
Low Stock Price Target
$46.00
Potential Upside/Downside
+30.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

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

Debt

Sales & Book Value

Annual Sales
$880,000.00
Book Value
($1.56) per share

Miscellaneous

Free Float
10,087,000
Market Cap
$417.98 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?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corbus Pharmaceuticals in the last twelve months. There are currently 2 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?

2 brokerages have issued 12 month target prices for Corbus Pharmaceuticals' stock. Their CRBP share price targets range from $46.00 to $58.00. On average, they expect the company's share price to reach $52.00 in the next year. This suggests a possible upside of 27.4% 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 on January 1st, 2024. Since then, CRBP stock has increased by 575.7% and is now trading at $40.81.
View the best growth stocks for 2024 here
.

Are investors shorting Corbus Pharmaceuticals?

Corbus Pharmaceuticals saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 623,100 shares, an increase of 31.0% from the March 31st total of 475,600 shares. Based on an average daily trading volume, of 950,300 shares, the short-interest ratio is presently 0.7 days. Approximately 6.0% of the shares of the company are short sold.
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) issued its quarterly earnings data on Tuesday, March, 12th. The biopharmaceutical company reported ($1.81) earnings per share for the quarter, beating analysts' consensus estimates of ($2.36) by $0.55.

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 many different institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (2.47%), Mirae Asset Global Investments Co. Ltd. (0.24%) and Concourse Financial Group Securities Inc. (0.00%). 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 5/8/2024 by MarketBeat.com Staff

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