Mersana Therapeutics Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mersana Therapeutics in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Mersana Therapeutics stock.
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4 equities research analysts have issued 12 month price objectives for Mersana Therapeutics' stock. Their MRSN stock forecasts range from $16.00 to $32.00. On average, they expect Mersana Therapeutics' share price to reach $21.25 in the next twelve months. This suggests a possible upside of 325.0% from the stock's current price.
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Mersana Therapeutics' stock was trading at $6.22 on January 1st, 2022. Since then, MRSN stock has decreased by 19.6% and is now trading at $5.00.
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Mersana Therapeutics saw a increase in short interest in May. As of May 31st, there was short interest totaling 5,870,000 shares, an increase of 26.5% from the May 15th total of 4,640,000 shares. Based on an average trading volume of 1,480,000 shares, the days-to-cover ratio is presently 4.0 days.
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Mersana Therapeutics is scheduled to release its next quarterly earnings announcement on Friday, August 5th 2022.
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Mersana Therapeutics, Inc. (NASDAQ:MRSN) posted its earnings results on Monday, May, 9th. The company reported ($0.59) earnings per share for the quarter, missing the consensus estimate of ($0.31) by $0.28. Mersana Therapeutics had a negative net margin of 8,826.73% and a negative trailing twelve-month return on equity of 119.10%. During the same quarter last year, the firm posted ($0.50) EPS.
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3 employees have rated Mersana Therapeutics CEO Anna Protopapas on Glassdoor.com. Anna Protopapas has an approval rating of 100% among Mersana Therapeutics' employees. This puts Anna Protopapas in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Mersana Therapeutics include ChemoCentryx (CCXI), Arcus Biosciences (RCUS), OPKO Health (OPK), Ironwood Pharmaceuticals (IRWD), Xenon Pharmaceuticals (XENE), Emergent BioSolutions (EBS), Lyell Immunopharma (LYEL), Aurinia Pharmaceuticals (AUPH), Xencor (XNCR), Amphastar Pharmaceuticals (AMPH), Dynavax Technologies (DVAX), Travere Therapeutics (TVTX), Supernus Pharmaceuticals (SUPN), Ligand Pharmaceuticals (LGND) and Cryoport (CYRX).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Mersana Therapeutics investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Ovid Therapeutics (OVID), Sorrento Therapeutics (SRNE), Dynavax Technologies (DVAX), Marvell Technology (MRVL), Inovio Pharmaceuticals (INO), DocuSign (DOCU), Immunomedics (IMMU) and Marinus Pharmaceuticals (MRNS).

(MRSN) raised $75 million in an IPO on Wednesday, June 28th 2017. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan, Cowen and Leerink Partners served as the underwriters for the IPO and Wedbush PacGrow was co-manager.

Mersana Therapeutics trades on the NASDAQ under the ticker symbol "MRSN."

Mersana Therapeutics' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.15%), Bellevue Group AG (4.08%), Rock Springs Capital Management LP (3.87%), Vanguard Group Inc. (3.54%), Artal Group S.A. (2.64%) and Candriam Luxembourg S.C.A. (1.90%). Company insiders that own Mersana Therapeutics stock include Alejandra Carvajal, Andrew A F Hack, Anna Protopapas, Arvin Yang, Ashish Mandelia, Eva M Jack, Lawrence M Alleva, Lawrence M Alleva, Scott D Sandell and Timothy B Lowinger.
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MRSN stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, State Street Corp, Citigroup Inc., Bellevue Group AG, Candriam Luxembourg S.C.A., Vanguard Group Inc., UBS Group AG, and Allianz Asset Management GmbH. Company insiders that have sold Mersana Therapeutics company stock in the last two years include Alejandra Carvajal, Anna Protopapas, Arvin Yang, Ashish Mandelia, Eva M Jack, and Timothy B Lowinger.
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MRSN stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Artal Group S.A., Decheng Capital Management III Cayman LLC, Renaissance Technologies LLC, Federated Hermes Inc., Rock Springs Capital Management LP, Goldman Sachs Group Inc., and Pinz Capital Management LP. Company insiders that have bought Mersana Therapeutics stock in the last two years include Andrew A F Hack, and Lawrence M Alleva.
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Shares of MRSN 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 MRSN stock can currently be purchased for approximately $5.00.

Mersana Therapeutics (NASDAQ:MRSN) has a market capitalization of $484.95 million and generates $40 thousand in revenue each year. The company earns $-170.06 million in net income (profit) each year or ($2.490010) on an earnings per share basis.

Mersana Therapeutics employs 169 workers across the globe.

Mersana Therapeutics' mailing address is 840 MEMORIAL DRIVE, CAMBRIDGE MA, 02139. The official website for Mersana Therapeutics is www.mersana.com. The company can be reached via phone at (617) 498-0020 or via email at [email protected].