CHRS Chart
About

Coherus Oncology, Inc., a biopharmaceutical company, researches, develops, and commercializes immunotherapies to treat cancer in the United States. The company develops UDENYCA, a biosimilar to Neulasta, a long-acting granulocyte-colony stimulating factor; LOQTORZI, a novel next-generation programmed death receptor-1 inhibitor; and Casdozokitug, an investigational recombinant human immunoglobulin isotype (IgG1) monoclonal antibody targeting interleukin 27. It also develops CHS-114, an investigational highly specific human afucosylated IgG1 monoclonal antibody, a chemokine receptor highly expressed on Treg cells in the tumor microenvironment (TME); and CHS-1000, Anti-ILT4 monoclonal antibody for solid tumors. In addition, the company offers GSK4381562, an antibody targeting CD112R to treat tumor cells; YUSIMRY, a biosimilar to Humira for inflammatory diseases characterized by increased production of tumor necrosis factor (TNF) in the body, such as rheumatoid arthritis, juvenile idiopathic arthritis, psoriatic arthritis, ankylosing spondylitis, Crohn's disease, psoriasis, and ulcerative colitis; and CIMERLI, a Lucentis biosimilar to treat neovascular age-related macular degeneration, macular edema following retinal vein occlusion, diabetic macular edema, diabetic retinopathy, and myopic choroidal neovascularization. It has a collaboration agreement with Junshi Biosciences for the co-development and commercialization of toripalimab; agreement with Surface and Adimab LLC; license agreements with Bioeq AG and Genentech, Inc. and Surface and Vaccinex, Inc.; and out-licensing agreement with Novartis Institutes for Biomedical Research, Inc. and GlaxoSmithKline Intellectual Property No. 4 Limited. The company was formerly known as Coherus BioSciences, Inc. and changed its name to Coherus Oncology, Inc. in May 2025. The company was incorporated in 2010 and is based in Redwood City, California.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 249.62M
Enterprise Value 64.51M Income 61.03M Sales 277.73M
Book/sh 0.76 Cash/sh 1.59 Dividend Yield —
Payout 0.00% Employees 158 IPO —
P/E 3.04 Forward P/E -3.41 PEG —
P/S 0.90 P/B 2.21 P/C —
EV/EBITDA -0.81 EV/Sales 0.23 Quick Ratio 1.19
Current Ratio 1.24 Debt/Eq 61.89 LT Debt/Eq —
EPS (ttm) 0.55 EPS next Y -0.49 EPS Growth —
Revenue Growth 91.20% Earnings 2026-03-10 ROA -10.26%
ROE — ROIC — Gross Margin 56.31%
Oper. Margin -3.65% Profit Margin 55.80% Shs Outstand 149.47M
Shs Float 108.52M Short Float 25.42% Short Ratio 9.22
Short Interest — 52W High 2.62 52W Low 0.71
Beta 1.02 Avg Volume 2.08M Volume 946.42K
Target Price $6.75 Recom None Prev Close $1.62
Price $1.67 Change 3.09%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$6.75
Mean price target
2. Current target
$1.67
Latest analyst target
3. DCF / Fair value
$3.57
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.67
Low
$4.00
High
$10.00
Mean
$6.75

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-22 init Oppenheimer — → Outperform $10
2025-09-04 up Maxim Group Hold → Buy $4
2025-04-29 reit HC Wainwright & Co. Buy → Buy $7
2025-04-24 main UBS Neutral → Neutral $1
2025-03-11 reit HC Wainwright & Co. Buy → Buy $7
2025-01-23 reit HC Wainwright & Co. Buy → Buy $7
2025-01-22 reit HC Wainwright & Co. Buy → Buy $7
2024-12-05 main Baird Outperform → Outperform $6
2024-12-04 reit HC Wainwright & Co. Buy → Buy $7
2024-11-08 main Baird Outperform → Outperform $4
2024-11-07 reit HC Wainwright & Co. Buy → Buy $12
2024-09-16 reit HC Wainwright & Co. Buy → Buy $12
2024-08-16 down UBS Buy → Neutral $2
2024-08-05 reit HC Wainwright & Co. Buy → Buy $12
2024-07-01 main Baird Outperform → Outperform $8
2024-05-24 reit HC Wainwright & Co. Buy → Buy $12
2024-05-13 main Truist Securities Buy → Buy $7
2024-05-10 main HC Wainwright & Co. Buy → Buy $12
2024-03-20 main HC Wainwright & Co. Buy → Buy $11
2024-03-14 reit HC Wainwright & Co. Buy → Buy $13
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 375000 — — Stock Award(Grant) at price 0.00 per share. LANFEAR DENNIS M Chief Executive Officer — 2026-01-23 00:00:00 D
1 112500 — — Stock Award(Grant) at price 0.00 per share. MCMICHAEL BRYAN J Chief Financial Officer — 2026-01-22 00:00:00 D
2 99988 73881 — Sale at price 0.74 per share. WAHLSTROM MATS Director — 2025-05-23 00:00:00 I
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-103.02M-193.94M-249.36M-260.69M
TotalUnusualItems163.96M0.00-6.22M0.00
TotalUnusualItemsExcludingGoodwill163.96M0.00-6.22M0.00
NetIncomeFromContinuingOperationNetMinorityInterest28.51M-237.89M-291.75M-287.10M
ReconciledDepreciation5.28M3.79M3.70M3.45M
ReconciledCostOfRevenue117.55M158.99M70.08M57.59M
EBITDA60.94M-193.94M-255.58M-260.69M
EBIT55.66M-197.73M-259.28M-264.14M
NetInterestIncome-27.16M-40.54M-32.47M-22.96M
InterestExpense27.16M40.54M32.47M22.96M
NormalizedIncome-135.45M-237.89M-285.53M-287.10M
NetIncomeFromContinuingAndDiscontinuedOperation28.51M-237.89M-291.75M-287.10M
TotalExpenses378.63M460.44M467.92M590.41M
TotalOperatingIncomeAsReported-111.67M-203.20M-256.88M-263.86M
DilutedAverageShares114.83M94.16M77.63M75.45M
BasicAverageShares114.55M94.16M77.63M75.45M
DilutedEPS0.25-2.53-3.76-3.81
BasicEPS0.25-2.53-3.76-3.81
DilutedNIAvailtoComStockholders28.51M-237.89M-291.75M-287.10M
AverageDilutionEarnings0.000.00
NetIncomeCommonStockholders28.51M-237.89M-291.75M-287.10M
NetIncome28.51M-237.89M-291.75M-287.10M
NetIncomeIncludingNoncontrollingInterests28.51M-237.89M-291.75M-287.10M
NetIncomeContinuousOperations28.51M-237.89M-291.75M-287.10M
TaxProvision0.00-380.00K0.000.00
PretaxIncome28.51M-238.27M-291.75M-287.10M
OtherIncomeExpense167.33M5.47M-2.40M-283.00K
OtherNonOperatingIncomeExpenses3.37M5.47M3.82M-283.00K
SpecialIncomeCharges163.96M0.00-6.22M0.00
GainOnSaleOfBusiness176.59M0.000.00
OtherSpecialCharges12.63M6.22M
NetNonOperatingInterestIncomeExpense-27.16M-40.54M-32.47M-22.96M
InterestExpenseNonOperating27.16M40.54M32.47M22.96M
OperatingIncome-111.67M-203.20M-256.88M-263.86M
OperatingExpense261.07M301.45M397.84M532.82M
ResearchAndDevelopment93.34M109.44M199.36M363.11M
SellingGeneralAndAdministration167.74M192.01M198.48M169.71M
GrossProfit149.41M98.25M140.96M268.96M
CostOfRevenue117.55M158.99M70.08M57.59M
TotalRevenue266.96M257.24M211.04M326.55M
OperatingRevenue266.96M257.24M211.04M326.55M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber115.61M112.22M78.85M76.93M
ShareIssued115.61M112.22M78.85M76.93M
NetDebt138.94M370.48M407.51M
TotalDebt269.90M480.84M480.42M419.02M
TangibleBookValue-185.64M-265.10M-143.35M94.16M
InvestedCapital132.94M279.94M333.64M506.01M
WorkingCapital58.60M143.86M242.54M437.00M
NetTangibleAssets-185.64M-265.10M-143.35M94.16M
CapitalLeaseObligations4.98M7.47M9.36M10.74M
CommonStockEquity-131.99M-193.43M-137.42M97.73M
TotalCapitalization132.94M279.94M333.64M506.01M
TotalEquityGrossMinorityInterest-131.99M-193.43M-137.42M97.73M
StockholdersEquity-131.99M-193.43M-137.42M97.73M
GainsLossesNotAffectingRetainedEarnings-275.00K-248.00K-249.00K-270.00K
OtherEquityAdjustments-275.00K-248.00K-249.00K-270.00K
RetainedEarnings-1.55B-1.58B-1.34B-1.05B
AdditionalPaidInCapital1.42B1.39B1.20B1.15B
CapitalStock12.00K11.00K8.00K7.00K
CommonStock12.00K11.00K8.00K7.00K
PreferredStock0.000.00
TotalLiabilitiesNetMinorityInterest580.52M823.03M618.26M581.61M
TotalNonCurrentLiabilitiesNetMinorityInterest297.54M491.26M479.57M416.28M
OtherNonCurrentLiabilities28.23M11.46M3.47M750.00K
NonCurrentDeferredLiabilities1.10M1.10M0.00
NonCurrentDeferredTaxesLiabilities1.10M1.10M0.00
LongTermDebtAndCapitalLeaseObligation268.21M478.70M476.10M415.53M
LongTermCapitalLeaseObligation3.29M5.33M5.05M7.25M
LongTermDebt264.93M473.37M471.06M408.28M
CurrentLiabilities282.98M331.77M138.69M165.33M
OtherCurrentLiabilities14.77M
CurrentDebtAndCapitalLeaseObligation1.69M2.15M4.32M3.49M
CurrentCapitalLeaseObligation1.69M2.15M4.32M3.49M
PensionandOtherPostRetirementBenefitPlansCurrent18.34M21.52M22.61M22.01M
PayablesAndAccruedExpenses248.18M308.11M111.77M139.82M
CurrentAccruedExpenses219.72M272.89M100.24M123.66M
Payables28.46M35.22M11.53M16.16M
AccountsPayable28.46M35.22M11.53M16.16M
TotalAssets448.53M629.60M480.85M679.33M
TotalNonCurrentAssets106.95M153.97M99.61M77.01M
OtherNonCurrentAssets50.47M77.18M84.93M65.64M
GoodwillAndOtherIntangibleAssets53.65M71.67M5.93M3.56M
OtherIntangibleAssets53.65M70.73M4.99M2.62M
Goodwill0.00943.00K943.00K943.00K
NetPPE2.84M5.12M8.75M7.81M
AccumulatedDepreciation-20.99M-20.65M-20.16M-16.85M
GrossPPE23.82M25.77M28.91M24.66M
Leases5.75M5.75M6.20M5.94M
ConstructionInProgress0.00696.00K388.00K
OtherProperties2.29M4.63M2.29M
MachineryFurnitureEquipment18.07M17.73M17.39M16.04M
Properties0.000.000.000.00
CurrentAssets341.58M475.63M381.23M602.32M
OtherCurrentAssets11.53M11.10M22.92M10.80M
PrepaidAssets11.64M23.66M17.88M13.67M
Inventory70.09M62.60M38.79M37.64M
Receivables122.33M260.52M109.96M123.02M
OtherReceivables11.01M
AccountsReceivable111.32M260.52M109.96M123.02M
CashCashEquivalentsAndShortTermInvestments125.99M117.75M191.68M417.19M
OtherShortTermInvestments0.0014.86M128.13M0.00
CashAndCashEquivalents125.99M102.89M63.55M417.19M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-20.44M-174.88M-241.12M-38.72M
RepaymentOfDebt-260.39M0.00-190.75M0.00
IssuanceOfDebt36.98M0.00240.68M0.00
IssuanceOfCapitalStock1.46M71.72M6.36M40.90M
CapitalExpenditure-286.00K-2.04M-1.29M
InterestPaidSupplementalData25.38M37.86M34.88M18.68M
IncomeTaxPaidSupplementalData40.00K1.22M
EndCashPosition126.25M103.34M63.99M417.63M
BeginningCashPosition103.34M63.99M417.63M541.60M
EffectOfExchangeRateChanges0.00
ChangesInCash22.91M39.36M-353.65M-123.96M
FinancingCashFlow-186.97M69.60M54.33M51.88M
CashFlowFromContinuingFinancingActivities-186.97M69.60M54.33M51.88M
NetOtherFinancingCharges33.76M-4.62M-4.97M-2.42M
ProceedsFromStockOptionExercised1.22M2.50M3.01M13.40M
NetCommonStockIssuance1.46M71.72M6.36M40.90M
CommonStockIssuance1.46M71.72M6.36M40.90M
NetIssuancePaymentsOfDebt-223.41M0.0049.93M0.00
NetLongTermDebtIssuance-223.41M0.0049.93M0.00
LongTermDebtPayments-260.39M0.00-190.75M0.00
LongTermDebtIssuance36.98M0.00240.68M0.00
InvestingCashFlow230.32M144.64M-166.85M-138.41M
CashFlowFromContinuingInvestingActivities230.32M144.64M-166.85M-138.41M
NetOtherInvestingChanges110.00K-492.00K-4.47M-136.00M
NetInvestmentPurchaseAndSale14.89M138.13M-127.38M-1.12M
SaleOfInvestment14.89M157.64M0.00181.36M
PurchaseOfInvestment0.00-19.51M-127.38M-182.49M
NetBusinessPurchaseAndSale215.32M7.00M-35.00M0.00
SaleOfBusiness227.82M7.00M0.000.00
PurchaseOfBusiness-12.50M0.00-35.00M
NetPPEPurchaseAndSale559.00K-2.04M-1.29M
SaleOfPPE845.00K0.000.00
PurchaseOfPPE-286.00K-2.04M-1.29M
OperatingCashFlow-20.44M-174.88M-241.12M-37.43M
CashFlowFromContinuingOperatingActivities-20.44M-174.88M-241.12M-37.43M
ChangeInWorkingCapital55.89M-36.83M-79.26M42.36M
ChangeInOtherWorkingCapital596.00K-230.00K
ChangeInPayablesAndAccruedExpense-65.33M142.41M-27.32M16.07M
ChangeInAccruedExpense-61.39M118.65M-22.77M15.20M
ChangeInPayable-3.94M23.76M-4.55M874.00K
ChangeInAccountPayable-3.94M23.76M-4.55M874.00K
ChangeInPrepaidAssets3.83M18.18M-17.64M-1.52M
ChangeInInventory-31.95M-46.73M-47.35M-6.25M
ChangeInReceivables149.35M-150.68M13.05M34.06M
ChangesInAccountReceivables149.35M-150.68M13.05M34.06M
OtherNonCashItems82.00K-37.00K8.23M143.05M
StockBasedCompensation27.80M43.11M50.74M51.36M
AssetImpairmentCharge20.91M52.59M26.00M8.34M
AmortizationOfSecurities-3.05M-730.00K1.09M
DepreciationAmortizationDepletion5.28M3.79M3.70M3.45M
DepreciationAndAmortization5.28M3.79M3.70M3.45M
OperatingGainsLosses-158.92M375.00K41.22M
GainLossOnInvestmentSecurities5.04M375.00K35.00M
GainLossOnSaleOfBusiness-176.59M0.000.00
NetIncomeFromContinuingOperations28.51M-237.89M-291.75M-287.10M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for CHRS
Date User Asset Broker Type Position Size Entry Price Patterns