CHRS · NASDAQ · Biotechnology

Coherus Oncology

Commercializes LOQTORZI while advancing mid-stage immuno-oncology antibodies.

$1.39
After-hours close−0.02 (−1.42%)
At close$1.41(−3.42%)
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Profile

Coherus Oncology, Inc.CHRSHealth Care

Commercializes LOQTORZI for nasopharyngeal carcinoma and advances two mid-stage immuno-oncology antibodies. The business now centers on U.S. oncology sales, specialty-wholesale distribution, and clinical combinations after exiting its biosimilar franchises.

Commercializes LOQTORZI, a PD-1 inhibitor developed with Junshi Biosciences, for recurrent or metastatic nasopharyngeal carcinoma. Operations are primarily U.S.-based, with sales moving through specialty wholesalers and Puerto Rico included in distribution.

Advances casdozokitug, an IL-27 antagonist, and tagmokitug, an anti-CCR8 antibody, as mid-stage immuno-oncology candidates across liver, colorectal, head and neck, gastric, esophageal, and prostate cancer settings. The Surface Oncology acquisition brought these antibody programs into the current pipeline.

Carries a founder-led operating model after the UDENYCA sale and the exit from UDENYCA, YUSIMRY, and CIMERLI biosimilars. The business depends on LOQTORZI uptake, access through McKesson, Cencora, and Cardinal Health, clinical readouts, and funding the oncology pipeline after the biosimilar divestitures.

Company facts

CEODennis M. Lanfear
ListedNov 6, 2014
ExchangeNASDAQ
HeadquartersRedwood City, CA
CountryUnited States
Employees147
CIK0001512762
ISINUS19249H1032

Key statistics

Market cap$217.8M
EPS (ttm)−$1.02
P/E (ttm)−1.38
ROE-181.7%
P/B3.59
P/S4.28
Dividend yield
Beta2.00vs XLV 0.15

Year to date +2.9% · Average volume (30d) 1.0M

Analysts

Price target, next 12 months$6.00+325.5%Median of 17 analysts · vs the Aug 28 close
ConsensusBuy14 of 17 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRating
Sep 4, 2025Maxim GroupUpgradeHoldBuy

Earnings

EPS

Estimate−$0.21
ReportedDue Nov 5, 2026

Revenue

Estimate$16.0M
ReportedDue Nov 5, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 5, 2026Q2 FY26−$0.25−$0.19+24.0%$14.4M$14.3M−0.7%−13.10%
May 11, 2026Q1 FY26−$0.26−$0.25+5.1%$14.2M$12.3M−13.4%−12.31%
Mar 9, 2026Q4 FY25−$0.36−$0.34+4.2%$13.9M$12.7M−8.4%+1.04%
Nov 6, 2025Q3 FY25−$0.32−$0.33−3.1%$14.1M$11.6M−17.9%−10.07%
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Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$7.6M$10.3M$11.6M$12.7M$12.3M$14.3M
Gross profit$3.9M$5.8M$6.9M$7.8M$7.6M$10.1M
Operating income−$45.4M−$45.5M−$42.2M−$45.9M−$36.2M−$32.3M
Net income−$56.6M−$41.3M−$35.1M−$37.3M−$37.9M−$20.6M
Diluted EPS−$0.49−$0.39−$0.30−$0.31−$0.28−$0.13
Gross margin51.3%57.0%59.5%61.2%61.9%70.4%
Operating margin-597.9%-443.6%-365.0%-359.9%-293.7%-226.0%

Fiscal years (4-quarter sums)FY21 $326.6M · FY22 $211.0M · FY23 $257.2M · FY24 $192.2M · FY25 $42.2M

Revenue by product · Q2 FY26

Product And Service, Other$694.0K · 100%

Balance sheet, Jun 30, 2026Cash & short-term investments $105.3M · Total debt $37.7M · Total assets $191.2M · Shareholders' equity $60.8M

Dividends

No dividends on record.

Ownership

Institutions 46.32%71.57M sharesInsiders 0.90%1.39M sharesOther 52.78%81.54M shares

Shares outstanding 154.50M · Float 134.81M · 87.3% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Timothy G. Youngquist 2020 Irrevocable Trust13.05M8.45%13FAug 7, 2026
Rubric Capital Management LP10.40M9.03%13GNov 13, 2024
BlackRock, Inc.8.93M5.80%13GJul 27, 2026
Vanguard Capital Management LLC5.95M3.85%13FAug 13, 2026
Geode Capital Management, LLC3.69M2.39%13FAug 12, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Peers

CompareAfter-hours close

CompanyPriceChange
Coherus Oncology$1.39−1.42%$217.8M4.3+39.5%
Merck$148.19−0.08%$366.18B118.717.25.5+5.1%
Bristol-Myers Squibb$66.60+0.05%$136.00B14.710.52.8+5.7%
AstraZeneca (ADR)$161.79−0.55%$252.33B24.415.24.1+6.4%
BeOne Medicines (ADR)$366.73−0.01%$39.19B5.146.76.9+29.6%
Regeneron$793.21−0.11%$81.82B19.613.15.3+16.7%
GSK (ADR)$50.57−0.51%$101.82B15.89.22.2+2.7%
Gilead Sciences$139.30−4.36%$180.87B16.05.9+10.2%
Median17.715.25.3+6.4%