Coherus Oncology, Inc. logo

Coherus Oncology, Inc.

CHRS

NASDAQHealthcareBiotechnology

Previous close

$1.42

+$0.10 · +7.58%

Aug 21, 4:00 PM ET

CHRS company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

47

Fair Value

Momentum

38

Weakening

Sentiment

52

Mixed

Risk resilience

36

High Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

Coherus Oncology, Inc. is a biopharmaceutical company primarily focused on the research, development, and commercialization of cancer immunotherapies across the United States. The company's commercialized products include several biosimilar therapies. These comprise UDENYCA, a long-acting granulocyte-colony stimulating factor biosimilar to Neulasta; YUSIMRY, an equivalent to Humira, prescribed for inflammatory conditions like rheumatoid arthritis, psoriasis, and Crohn's disease, which are characterized by heightened tumor necrosis factor (TNF) production; and CIMERLI, a Lucentis biosimilar aimed at treating specific ophthalmic disorders such as neovascular age-related macular degeneration, macular edema, and diabetic retinopathy. Beyond its commercial products, Coherus maintains a robust pipeline of investigational immunotherapies. This includes LOQTORZI, a novel, next-generation programmed death receptor-1 (PD-1) inhibitor; Casdozokitug, a recombinant human immunoglobulin G1 (IgG1) monoclonal antibody designed to target interleukin 27; CHS-114, a highly specific human afucosylated IgG1 monoclonal antibody targeting a chemokine receptor prevalent on Treg cells in the tumor microenvironment (TME); CHS-1000, an anti-ILT4 monoclonal antibody aimed at solid tumors; and GSK4381562, an antibody engineered to target CD112R on tumor cells. To support its endeavors, the company has forged several strategic alliances. These encompass a co-development and commercialization pact with Junshi Biosciences for toripalimab, as well as agreements with Surface and Adimab LLC. Its licensing portfolio includes arrangements with Bioeq AG, Genentech, Inc., Surface, and Vaccinex, Inc. Furthermore, Coherus has out-licensing agreements with Novartis Institutes for Biomedical Research, Inc. and GlaxoSmithKline Intellectual Property No. 4 Limited. Founded in 2010, the company currently operates as Coherus BioSciences, Inc., but is slated to officially rebrand as Coherus Oncology, Inc. in May 2025. Its headquarters are located in Redwood City, California.

Industry
Biotechnology
Sector
Healthcare
Headquarters
US
CEO
Dennis Lanfear
Listed since
Nov 6, 2014
Employees
144

Market position

Day range

Current $1.42

52-week range

Current $1.42

Open
$1.32
Previous close
$1.32
Volume
1.57M
1.41× average
Average volume
1.11M
Average daily volume
Market cap
219.39M USD
Beta
0.95
Market reference 1
50-day average
$1.4117
+0.59% above average
200-day average
$1.5696
-9.53% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
122.38M USD
P/E (TTM)
-1.39×
P/B (TTM)
3.61×
P/S (TTM)
4.31×
EV / EBITDA
-0.72×
Earnings yield
-99.63%
Free cash flow yield
-81.04%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
63.55%
Operating margin
-307.43%
Net margin
-257.10%
Return on equity
-279.10%
Return on assets
-65.92%
Return on invested capital
-151.77%

Financial health

Debt / equity
0.62×
Current ratio
1.46×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends133%-70%-273%-477%Gross margin, FY2021: 82.36%Gross margin, FY2022: 66.79%Gross margin, FY2023: 38.19%Gross margin, FY2024: 55.97%Gross margin, FY2025: 57.94%Operating margin, FY2021: -80.80%Operating margin, FY2022: -121.72%Operating margin, FY2023: -78.99%Operating margin, FY2024: -41.83%Operating margin, FY2025: -425.72%Net margin, FY2021: -87.92%Net margin, FY2022: -138.24%Net margin, FY2023: -92.48%Net margin, FY2024: 10.68%Net margin, FY2025: -403.80%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 82.36%. Gross margin FY2022 66.79%. Gross margin FY2023 38.19%. Gross margin FY2024 55.97%. Gross margin FY2025 57.94%. Operating margin FY2021 -80.80%. Operating margin FY2022 -121.72%. Operating margin FY2023 -78.99%. Operating margin FY2024 -41.83%. Operating margin FY2025 -425.72%. Net margin FY2021 -87.92%. Net margin FY2022 -138.24%. Net margin FY2023 -92.48%. Net margin FY2024 10.68%. Net margin FY2025 -403.80%.

Income trends

Revenue

42.17M USD-84.20%

Operating income

−179.53M USD-60.78%

Net income

−170.29M USD−198.8M USD
Income trends across reported periods388.38M USD141.06M USD−106.26M USD−353.58M USDRevenue, FY2021: 326.55M USDRevenue, FY2022: 211.04M USDRevenue, FY2023: 257.24M USDRevenue, FY2024: 266.96M USDRevenue, FY2025: 42.17M USDOperating income, FY2021: −263.86M USDOperating income, FY2022: −256.88M USDOperating income, FY2023: −203.2M USDOperating income, FY2024: −111.67M USDOperating income, FY2025: −179.53M USDNet income, FY2021: −287.1M USDNet income, FY2022: −291.75M USDNet income, FY2023: −237.89M USDNet income, FY2024: 28.51M USDNet income, FY2025: −170.29M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 326.55M USD. Revenue FY2022 211.04M USD. Revenue FY2023 257.24M USD. Revenue FY2024 266.96M USD. Revenue FY2025 42.17M USD. Operating income FY2021 −263.86M USD. Operating income FY2022 −256.88M USD. Operating income FY2023 −203.2M USD. Operating income FY2024 −111.67M USD. Operating income FY2025 −179.53M USD. Net income FY2021 −287.1M USD. Net income FY2022 −291.75M USD. Net income FY2023 −237.89M USD. Net income FY2024 28.51M USD. Net income FY2025 −170.29M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue42.17M USD266.96M USD257.24M USD211.04M USD326.55M USD
Cost of goods sold17.74M USD117.55M USD158.99M USD70.08M USD57.59M USD
Gross profit24.43M USD149.41M USD98.25M USD140.96M USD268.96M USD
Research and development104.96M USD93.34M USD109.44M USD199.36M USD363.11M USD
Selling, general, and administrative99M USD150.44M USD185.62M USD198.48M USD169.71M USD
Operating expenses203.97M USD261.07M USD301.45M USD397.84M USD532.82M USD
Interest expense9M USD27.16M USD40.54M USD32.47M USD22.96M USD
Depreciation and amortization3.92M USD5.28M USD3.79M USD3.7M USD3.45M USD
Operating income−179.53M USD−111.67M USD−203.2M USD−256.88M USD−263.86M USD
Net income−170.29M USD28.51M USD−237.89M USD−291.75M USD−287.1M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
-85.49%
11 comparable reports
Latest EPS result
-0.19
Estimate -0.25 · Beat by 24.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.09-0.22-0.35-0.48Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 10, 2025: actual -0.44, estimate -0.1, surprise -340.00%, Miss. Q2 2025, reported May 12, 2025: actual -0.35, estimate -0.31, surprise -12.90%, Miss. Q3 2025, reported Aug 7, 2025: actual -0.34, estimate -0.31, surprise -9.68%, Miss. Q4 2025, reported Nov 6, 2025: actual -0.33, estimate -0.32, surprise -3.13%, Miss. Q1 2026, reported Mar 9, 2026: actual -0.34, estimate -0.355, surprise +4.25%, Beat. Q2 2026, reported May 11, 2026: actual -0.25, estimate -0.263, surprise +5.06%, Beat. Q3 2026, reported Aug 5, 2026: actual -0.19, estimate -0.25, surprise +24.00%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate -0.21, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates65.23M45.64M26.05M6.46MQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 10, 2025: actual 54.14M USD, estimate 44.15M USD, surprise +22.64%, Beat. Q2 2025, reported May 12, 2025: actual 7.6M USD, estimate 60.96M USD, surprise -87.54%, Miss. Q3 2025, reported Aug 7, 2025: actual 10.25M USD, estimate 11.99M USD, surprise -14.45%, Miss. Q4 2025, reported Nov 6, 2025: actual 11.57M USD, estimate 14.09M USD, surprise -17.86%, Miss. Q1 2026, reported Mar 9, 2026: actual 12.75M USD, estimate 13.91M USD, surprise -8.37%, Miss. Q2 2026, reported May 11, 2026: actual 12.31M USD, estimate 14.22M USD, surprise -13.42%, Miss. Q3 2026, reported Aug 5, 2026: actual 14.31M USD, estimate 14.41M USD, surprise -0.68%, Miss. Q4 2026, reported Nov 5, 2026: actual —, estimate 15.98M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$6.02

323.94% upside
Past 12 months12-month forecastHigh $11.00Average $6.02Low $1.05

Rating distribution

17 ratings
Strong buy00%
Buy1482%
Hold318%
Sell00%
Strong sell00%

CHRS news

CHRS peers

ETFs holding CHRS

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research CHRS

research.disclaimer