NASDAQ:MOR

MorphoSys (MOR) Stock Price, News & Analysis

$17.51
+0.10 (+0.57%)
(As of 05/1/2024 ET)
Today's Range
$17.21
$17.71
50-Day Range
$17.36
$18.18
52-Week Range
$4.18
$18.31
Volume
502,740 shs
Average Volume
1.70 million shs
Market Capitalization
$2.64 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.78

MorphoSys MarketRank™ Stock Analysis

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
32.7% Downside
$11.78 Price Target
Short Interest
Healthy
1.02% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.18mentions of MorphoSys in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($2.08) to ($0.89) 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.

0.53 out of 5 stars

Medical Sector

859th out of 927 stocks

Pharmaceutical Preparations Industry

393rd out of 415 stocks

MOR stock logo

About MorphoSys Stock (NASDAQ:MOR)

MorphoSys AG, together with its subsidiaries, engages in the development and commercialization of therapeutics for patients suffering from various cancers in Europe, Asia, and the United States. The company's product pipeline includes Pelabresib that is in Phase 3 trials to treat myelofibrosis and thrombocythemia; Tulmimetostat, a product candidate in Phase 1/2 trials for the treatment of solid tumors and lymphomas; Felzartamab, an antibody directed against CD38 for renal autoimmune diseases and relapsed/refractory multiple myeloma; Ianalumab, a candidate in Phase 3 clinical trials for Sjögren's disease, lupus nephritis, and other autoimmune diseases; Abelacimab that is in Phase 3 trials for venous thromboembolism prevention and cancer-associated thrombosis; Setrusumab, which is in Phase 2/3 trials for osteogenesis imperfecta; and Bimagrumab, a product candidate in Phase 2b trials for adult obesity. It also develops MOR210/TJ210/HIB210 that is in Phase 1 clinical trials for relapsed or refractory advanced solid tumors; and NOV-8, a candidate in Phase 2 trials for the treatment of pulmonary sarcoidosis and dermatitis. The company has collaboration and licensing agreements with I-Mab Biopharma, Novartis, Anthos Therapeutics, Ultragenyx, Mereo BioPharma, Lilly, Human Immunology Biosciences, Inc. Incyte Corporation, and Xencor, Inc. MorphoSys AG was founded in 1992 and is headquartered in Planegg, Germany.

MOR Stock Price History

MOR Stock News Headlines

MorphoSys reports Q1 results
EQS-News: MorphoSys AG Reports First Quarter 2024 Financial Results
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Here's what to expect from Morphosys's earnings
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Novartis lifts guidance after Q1 results beat expectations
Novartis raises guidance after beating Q1 expectations
Novartis begins tender offer for MorphoSys
Novartis tender offer for MorphoSys AG commences
MorphoSys AG ADR (MOR)
MorphoSys AG (MOR) Q4 2023 Earnings Call Transcript
NVS Apr 2024 80.000 call
Here's what Wall Street expects from Morphosys's earnings
See More Headlines
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Company Calendar

Last Earnings
3/13/2024
Today
5/01/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:MOR
Employees
524
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.78
High Stock Price Target
$18.25
Low Stock Price Target
$4.75
Potential Upside/Downside
-32.7%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Net Income
$-205,350,000.00
Net Margins
-226.79%
Pretax Margin
-80.13%
Return on Equity
-10,108.30%

Debt

Sales & Book Value

Annual Sales
$257.89 million
Book Value
$0.35 per share

Miscellaneous

Free Float
150,546,000
Market Cap
$2.64 billion
Optionable
Not Optionable
Beta
1.17
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Key Executives

  • Dr. Jean-Paul Kress M.D.Dr. Jean-Paul Kress M.D. (Age 59)
    Chairman of Management Board, MD & CEO
    Comp: $1.91M
  • Dr. Lucinda Crabtree Ph.D. (Age 45)
    CFO & Member of Management Board
    Comp: $764.53k
  • Ms. Charlotte Lohmann (Age 54)
    Chief Legal and Human Resources Officer & Member of Management Board
    Comp: $513.54k
  • Mr. Klaus De Wall
    Head of Accounting & Tax
  • Dr. Margit Urban
    Head of Discovery Alliances & Technologies
  • Dr. Julia Neugebauer Ph.D.
    Head of Investor Relations
  • Dr. Barbara Krebs-Pohl Ph.D.
    Chief Business Officer
  • Dr. Günter Wellnhofer
    Head of Technical Operations
  • Dr. Harald Watzka
    Head of Alliance Management
  • Ms. Yen Ching Chua
    Head of Clinical Operations

MOR Stock Analysis - Frequently Asked Questions

Should I buy or sell MorphoSys stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MorphoSys in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MOR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MOR, but not buy additional shares or sell existing shares.
View MOR analyst ratings
or view top-rated stocks.

What is MorphoSys' stock price target for 2024?

8 Wall Street analysts have issued 12-month price objectives for MorphoSys' shares. Their MOR share price targets range from $4.75 to $18.25. On average, they predict the company's stock price to reach $11.78 in the next year. This suggests that the stock has a possible downside of 32.7%.
View analysts price targets for MOR
or view top-rated stocks among Wall Street analysts.

How have MOR shares performed in 2024?

MorphoSys' stock was trading at $9.90 on January 1st, 2024. Since then, MOR shares have increased by 76.9% and is now trading at $17.51.
View the best growth stocks for 2024 here
.

Are investors shorting MorphoSys?

MorphoSys saw a drop in short interest in March. As of March 31st, there was short interest totaling 1,630,000 shares, a drop of 22.0% from the March 15th total of 2,090,000 shares. Based on an average daily volume of 2,010,000 shares, the short-interest ratio is currently 0.8 days.
View MorphoSys' Short Interest
.

When is MorphoSys' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our MOR earnings forecast
.

How were MorphoSys' earnings last quarter?

MorphoSys AG (NASDAQ:MOR) announced its earnings results on Wednesday, March, 13th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.92) by $1.25. The business earned $63.53 million during the quarter, compared to the consensus estimate of $76.30 million. MorphoSys had a negative trailing twelve-month return on equity of 10,108.30% and a negative net margin of 226.79%.

What ETFs hold MorphoSys' stock?

ETFs with the largest weight of MorphoSys (NASDAQ:MOR) stock in their portfolio include Range Cancer Therapeutics ETF (CNCR).Loncar China Biopharma ETF (CHNA).

What is Simon E. Moroney's approval rating as MorphoSys' CEO?

5 employees have rated MorphoSys Chief Executive Officer Simon E. Moroney on Glassdoor.com. Simon E. Moroney has an approval rating of 100% among the company's employees. This puts Simon E. Moroney in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

When did MorphoSys IPO?

MorphoSys (MOR) raised $200 million in an initial public offering on Thursday, April 19th 2018. The company issued 8,300,000 shares at $24.12 per share. Goldman Sachs, J.P. Morgan and Leerink Partners served as the underwriters for the IPO and Berenberg Capital Markets and JMP Securities were co-managers.

Who are MorphoSys' major shareholders?

MorphoSys' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Hennion & Walsh Asset Management Inc. (0.08%) and BNP Paribas Financial Markets (0.02%).

How do I buy shares of MorphoSys?

Shares of MOR 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:MOR) was last updated on 5/2/2024 by MarketBeat.com Staff

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