Mersana Therapeutics Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mersana Therapeutics in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Mersana Therapeutics stock.
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Mersana Therapeutics is scheduled to release its next quarterly earnings announcement on Friday, May 14th 2021.
View our earnings forecast for Mersana Therapeutics.

Mersana Therapeutics, Inc. (NASDAQ:MRSN) announced its quarterly earnings results on Friday, February, 26th. The company reported ($0.42) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.33) by $0.09. The firm earned $0.01 million during the quarter, compared to analyst estimates of $0.43 million. Mersana Therapeutics had a negative net margin of 8,772.91% and a negative trailing twelve-month return on equity of 45.16%.
View Mersana Therapeutics' earnings history.

Mersana Therapeutics' stock was trading at $6.46 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MRSN shares have increased by 153.4% and is now trading at $16.37.
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7 analysts have issued 12 month price targets for Mersana Therapeutics' shares. Their forecasts range from $18.00 to $33.00. On average, they anticipate Mersana Therapeutics' share price to reach $26.17 in the next twelve months. This suggests a possible upside of 59.8% from the stock's current price.
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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 Sage Therapeutics (SAGE), Hutchison China MediTech (HCM), I-Mab (IMAB), Hypera (HYPMY), Arena Pharmaceuticals (ARNA), Agios Pharmaceuticals (AGIO), Legend Biotech (LEGN), Apellis Pharmaceuticals (APLS), Nektar Therapeutics (NKTR), Insmed (INSM), Turning Point Therapeutics (TPTX), Emergent BioSolutions (EBS), ACADIA Pharmaceuticals (ACAD), Alkermes (ALKS) and Reata Pharmaceuticals (RETA).
View all of MRSN's competitors.

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 Group (MRVL), Inovio Pharmaceuticals (INO), DocuSign (DOCU), Immunomedics (IMMU) and Marinus Pharmaceuticals (MRNS).

(MRSN) raised $75 million in an initial public offering 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 acted as the underwriters for the IPO and Wedbush PacGrow was co-manager.

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

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 $16.37.

Mersana Therapeutics has a market capitalization of $1.13 billion and generates $42.12 million in revenue each year. The company earns $-28,210,000.00 in net income (profit) each year or ($0.65) on an earnings per share basis.

Mersana Therapeutics employs 110 workers across the globe.

The official website for Mersana Therapeutics is www.mersana.com.

Mersana Therapeutics is headquartered at 840 MEMORIAL DRIVE, CAMBRIDGE MA, 02139.

Mersana Therapeutics' mailing address is 840 MEMORIAL DRIVE, CAMBRIDGE MA, 02139. The company can be reached via phone at 617-498-0020 or via email at [email protected]