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This company has been marked as potentially delisted and may not be actively trading.

NASDAQ:MRSN

Mersana Therapeutics (MRSN) Stock Price, News & Analysis

Mersana Therapeutics logo

About Mersana Therapeutics Stock (NASDAQ:MRSN)

Key Stats

Today's Range
$28.78
▼
$30.39
50-Day Range
$27.47
▼
$29.10
52-Week Range
$5.21
▼
$30.39
Volume
712,400 shs
Average Volume
112,909 shs
Market Capitalization
$145.37 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$30.75
Consensus Rating
Reduce

Company Overview

Mersana Therapeutics, Inc. is a clinical-stage biopharmaceutical company headquartered in Cambridge, Massachusetts, focused on the development of innovative antibody-drug conjugates (ADCs) for the treatment of cancer. Since its founding in 2003, Mersana has leveraged its proprietary Fleximer® platform to engineer next-generation ADCs that aim to improve the therapeutic index by enhancing drug delivery to tumor cells while minimizing systemic toxicity. The company’s research efforts are centered on creating highly potent payloads linked to antibodies that selectively target tumor-associated antigens.

The Fleximer platform enables site-specific conjugation of multiple payload molecules, offering adjustable drug-to-antibody ratios and controlled release characteristics. Mersana’s pipeline includes several clinical and preclinical candidates. Among the lead programs is XMT-1536 (UpRi), which targets the sodium-dependent phosphate transporter NaPi2b and is being evaluated in patients with platinum-resistant ovarian cancer. Another notable program, XMT-1592, targets mesothelin-expressing solid tumors such as non-small cell lung cancer and mesothelioma. These programs underscore the company’s commitment to addressing high-unmet-need oncology indications through precision medicine approaches.

In addition to its internal development efforts, Mersana has entered into strategic collaborations with several global biopharmaceutical partners to advance its ADC candidates. These alliances support clinical development, manufacturing scale-up and potential co-commercialization, extending the company’s reach into key markets in North America, Europe and Asia. Through these partnerships, Mersana seeks to leverage complementary expertise and resources to accelerate the translation of its novel therapies from the laboratory to the clinic.

Leadership at Mersana is headed by President and Chief Executive Officer Robert Mulroy, who brings extensive experience in oncology drug development and life-science management. Under his guidance, the company has grown its research team and infrastructure to support a robust pipeline of targeted therapeutics. With a scientific advisory board composed of oncology and antibody engineering experts, Mersana continues to explore new indications and refine its ADC technologies in pursuit of improved outcomes for patients with cancer.

AI Generated. May Contain Errors.

Mersana Therapeutics Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
4th Percentile Overall Score

MRSN MarketRank™: 
0.22302834878 of 5 stars

Mersana Therapeutics scored higher than 4% of companies evaluated by MarketBeat, and ranked 882nd out of 905 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Mersana Therapeutics has received a consensus rating of Reduce. The company's average rating score is 1.88, and is based on no strong buy ratings, no buy ratings, 7 hold ratings, and 1 sell rating.

  • Upside/Downside

    The consensus price target for Mersana Therapeutics is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Mersana Therapeutics has received no research coverage in the past 90 days.

  • Read more about Mersana Therapeutics' stock forecast and price target.
  • Earnings Growth

    Earnings for Mersana Therapeutics are expected to decrease in the coming year, from ($0.62) to ($0.67) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Mersana Therapeutics is -2.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Mersana Therapeutics is -2.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Short Interest

    There is no current short interest data available for MRSN.
  • Dividend Yield

    Mersana Therapeutics does not currently pay a dividend.

  • Dividend Growth

    Mersana Therapeutics does not have a long track record of dividend growth.

  • Search Interest

    1 people have searched for MRSN on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Mersana Therapeutics insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    13.00% of the stock of Mersana Therapeutics is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    93.92% of the stock of Mersana Therapeutics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Mersana Therapeutics' insider trading history.
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MRSN Stock News Headlines

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A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years. While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million. One company controls the entire supply chain behind this discovery.tc pixel
See More Headlines

MRSN Stock Analysis - Frequently Asked Questions

Mersana Therapeutics, Inc. (NASDAQ:MRSN) announced its quarterly earnings data on Friday, November, 14th. The company reported ($1.51) EPS for the quarter, missing the consensus estimate of ($1.44) by $0.07. The firm earned $11.01 million during the quarter, compared to analyst estimates of $14.20 million.

Mersana Therapeutics shares reverse split on Friday, July 25th 2025.The 1-25 reverse split was announced on Thursday, July 24th 2025. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, July 24th 2025. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split.

Mersana Therapeutics (MRSN) raised $75 million in an initial public offering (IPO) on Wednesday, June 28th 2017. The company issued 5,000,000 shares at $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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Mersana Therapeutics investors own include NVIDIA (NVDA), Tesla (TSLA), Alibaba Group (BABA), Bank of America (BAC), Advanced Micro Devices (AMD), Dynavax Technologies (DVAX) and ImmunoGen (IMGN).

Company Calendar

Last Earnings
11/14/2025
Today
10/25/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:MRSN
CIK
1442836
Fax
N/A
Employees
150
Year Founded
2005

Price Target and Rating

High Price Target
$30.75
Low Price Target
$30.75
Potential Upside/Downside
+5.7%
Consensus Rating
Reduce
Rating Score (0-4)
1.88
Research Coverage
8 Analysts

Profitability

EPS (Trailing Twelve Months)
($13.88)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$69.19 million
Net Margins
-211.21%
Pretax Margin
-211.21%
Return on Equity
N/A
Return on Assets
-65.42%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.39
Quick Ratio
1.39

Sales & Book Value

Annual Sales
$33.18 million
Price / Sales
4.38
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
($1.92) per share
Price / Book
-15.15

Miscellaneous

Outstanding Shares
4,999,000
Free Float
4,349,000
Market Cap
$145.37 million
Optionable
Optionable
Beta
0.44

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This page (NASDAQ:MRSN) was last updated on 1/6/2026 by MarketBeat.com Staff.
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