VSTM Chart
About

Verastem, Inc., a development-stage biopharmaceutical company, focuses on developing and commercializing drugs for the treatment of cancer in the United States. Its product candidates are Avutometinib, an orally available small molecule RAF/MEK clamp that inhibits the ras sarcoma RAF/MEK, ERK mitogen activated pathway kinase pathway which is involved in cell proliferation, migration, transformation, and survival of tumor cells; and Defactinib, an oral small molecule inhibitor of FAK and proline-rich tyrosine kinase for various solid tumors. The company is involved in clinical studies, including RAMP 301, a randomized global confirmatory trial to evaluate the combination of Avutometinib and Defactinib for the treatment of patients with recurrent low-grade serous ovarian cancer; RAMP 201, an adaptive two-part multicenter, parallel cohort, randomized open label trial to evaluate the efficacy and safety of Avutometinib and in combination with Defactinib; and FRAME, an investigation of Avutometinib and Defactinib in patients with KRAS mutant cancers and subsequent analyses; and RAMP 204 and 205. It has license agreements with Chugai Pharmaceutical Co., Ltd. for the development, commercialization, and manufacture of products containing Avutometinib; and Pfizer Inc. to research, develop, manufacture, and commercialize products containing Pfizer's inhibitors of FAK for therapeutic, diagnostic, and prophylactic uses in humans. In addition, it has a clinical collaboration agreement with Amgen, Inc. to evaluate the combination of Avutometinib with Amgen's KRAS-G12C inhibitor LUMAKRAS which in Phase 1/2 trial entitled RAMP 203; and a discovery and development collaboration with GenFleet Therapeutics to advance new programs targeting RAS pathway-driven cancers. Verastem, Inc. was incorporated in 2010 and is headquartered in Needham, Massachusetts.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 444.39M
Enterprise Value 332.39M Income -241.11M Sales 13.38M
Book/sh -0.23 Cash/sh 2.06 Dividend Yield —
Payout 0.00% Employees 78 IPO —
P/E — Forward P/E -3.59 PEG —
P/S 33.22 P/B -25.32 P/C —
EV/EBITDA -2.08 EV/Sales 24.84 Quick Ratio 2.42
Current Ratio 2.58 Debt/Eq — LT Debt/Eq —
EPS (ttm) -4.42 EPS next Y -1.64 EPS Growth —
Revenue Growth — Earnings 2026-03-04 ROA -66.06%
ROE -28.89% ROIC — Gross Margin 85.14%
Oper. Margin -3.62% Profit Margin 0.00% Shs Outstand 75.32M
Shs Float 55.72M Short Float 21.92% Short Ratio 8.31
Short Interest — 52W High 11.25 52W Low 4.01
Beta 0.39 Avg Volume 1.93M Volume 996.02K
Target Price $17.00 Recom Strong_buy Prev Close $5.70
Price $5.90 Change 3.51%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$17.00
Mean price target
2. Current target
$5.90
Latest analyst target
3. DCF / Fair value
$-19.26
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$5.90
Low
$14.00
High
$20.00
Mean
$17.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-09-09 reit BTIG Buy → Buy $20
2025-08-08 main RBC Capital Outperform → Outperform $13
2025-06-25 main RBC Capital Outperform → Outperform $12
2025-05-09 main HC Wainwright & Co. Buy → Buy $14
2025-04-10 init Jefferies — → Buy $15
2025-04-09 main Mizuho Outperform → Outperform $8
2025-03-24 main Guggenheim Buy → Buy $14
2025-03-24 main HC Wainwright & Co. Buy → Buy $10
2025-03-21 main RBC Capital Outperform → Outperform $14
2025-01-31 main B. Riley Securities Buy → Buy $9
2025-01-24 reit Guggenheim Buy → Buy —
2025-01-07 main RBC Capital Outperform → Outperform $16
2024-12-19 main Mizuho Outperform → Outperform $9
2024-12-19 reit HC Wainwright & Co. Buy → Buy $7
2024-08-13 main Truist Securities Buy → Buy $15
2024-08-12 main HC Wainwright & Co. Buy → Buy $7
2024-08-09 main RBC Capital Outperform → Outperform $13
2024-07-24 main B. Riley Securities Buy → Buy $7
2024-07-08 main Truist Securities Buy → Buy $18
2024-05-29 main Alliance Global Partners Buy → Buy $20
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 970 6489 — Sale at price 6.69 per share. PATERSON DANIEL W Chief Executive Officer — 2026-02-04 00:00:00 D
1 213785 — — Stock Award(Grant) at price 0.00 per share. PATERSON DANIEL W Chief Executive Officer — 2026-01-21 00:00:00 D
2 16665 — — Stock Award(Grant) at price 0.00 per share. CALKINS DANIEL Chief Financial Officer — 2026-01-21 00:00:00 D
3 10321 73898 — Sale at price 7.16 per share. PATERSON DANIEL W Chief Executive Officer — 2026-01-12 00:00:00 D
4 5039 36079 — Sale at price 7.16 per share. CALKINS DANIEL Chief Financial Officer — 2026-01-12 00:00:00 D
5 80 629 — Sale at price 7.86 per share. CALKINS DANIEL Chief Financial Officer — 2025-12-24 00:00:00 D
6 283 2587 — Sale at price 9.14 per share. GAGNON ROBERT E Director — 2025-12-16 00:00:00 D
7 393 3592 — Sale at price 9.14 per share. PATERSON DANIEL W Chief Executive Officer — 2025-12-16 00:00:00 D
8 592 5411 — Sale at price 9.14 per share. STUGLIK BRIAN M Director — 2025-12-16 00:00:00 D
9 4000 40140 — Sale at price 10.00 - 10.07 per share. PATERSON DANIEL W Chief Executive Officer — 2025-12-11 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-4.02M0.000.000.00
TaxRateForCalcs0.210.000.000.00
NormalizedEBITDA-106.72M-83.17M-71.56M-61.16M
TotalUnusualItems-19.15M0.000.00
TotalUnusualItemsExcludingGoodwill-19.15M0.000.00
NetIncomeFromContinuingOperationNetMinorityInterest-130.64M-87.37M-73.81M-71.20M
ReconciledDepreciation26.00K62.00K118.00K72.00K
ReconciledCostOfRevenue0.000.00
EBITDA-125.86M-83.17M-71.56M-61.16M
EBIT-125.89M-83.23M-71.67M-61.23M
NetInterestIncome-413.00K2.08M-922.00K-9.79M
InterestExpense4.56M4.14M2.14M9.97M
InterestIncome4.15M6.21M1.22M181.00K
NormalizedIncome-115.51M-87.37M-73.81M-71.20M
NetIncomeFromContinuingAndDiscontinuedOperation-130.64M-87.37M-73.81M-71.20M
TotalExpenses124.96M92.08M75.53M63.46M
TotalOperatingIncomeAsReported-114.96M-92.08M-72.94M-61.41M
DilutedAverageShares35.71M22.05M16.14M14.53M
BasicAverageShares35.71M22.05M16.14M14.53M
DilutedEPS-3.66-3.96-4.57-4.92
BasicEPS-3.66-3.96-4.57-4.92
DilutedNIAvailtoComStockholders-130.64M-87.37M-73.81M-71.20M
NetIncomeCommonStockholders-130.64M-87.37M-73.81M-71.20M
NetIncome-130.64M-87.37M-73.81M-71.20M
NetIncomeIncludingNoncontrollingInterests-130.64M-87.37M-73.81M-71.20M
NetIncomeContinuousOperations-130.64M-87.37M-73.81M-71.20M
TaxProvision185.00K0.000.000.00
PretaxIncome-130.45M-87.37M-73.81M-71.20M
OtherIncomeExpense-15.08M2.64M47.00K
OtherNonOperatingIncomeExpenses4.07M2.64M47.00K
SpecialIncomeCharges0.000.00
GainOnSaleOfSecurity-19.15M
NetNonOperatingInterestIncomeExpense-413.00K2.08M-922.00K-9.79M
InterestExpenseNonOperating4.56M4.14M2.14M9.97M
InterestIncomeNonOperating4.15M6.21M1.22M181.00K
OperatingIncome-114.96M-92.08M-72.94M-61.41M
OperatingExpense124.96M92.08M75.53M63.46M
ResearchAndDevelopment81.33M61.36M50.56M39.35M
SellingGeneralAndAdministration43.62M30.73M24.98M24.11M
GrossProfit2.60M2.05M
CostOfRevenue0.000.00
TotalRevenue10.00M0.002.60M2.05M
OperatingRevenue10.00M0.002.60M1.45M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber44.78M25.28M16.71M15.44M
ShareIssued44.78M25.28M16.71M15.44M
TotalDebt42.25M41.56M27.07M3.18M
TangibleBookValue-28.89M57.37M47.39M87.56M
InvestedCapital11.83M97.46M72.19M87.81M
WorkingCapital63.99M117.30M71.21M87.15M
NetTangibleAssets-28.89M57.37M47.39M87.56M
CapitalLeaseObligations1.53M1.47M2.26M2.93M
CommonStockEquity-28.89M57.37M47.39M87.56M
TotalCapitalization11.83M97.46M71.92M87.81M
TotalEquityGrossMinorityInterest-28.89M57.37M47.39M87.56M
StockholdersEquity-28.89M57.37M47.39M87.56M
GainsLossesNotAffectingRetainedEarnings0.0013.00K0.0034.00K
OtherEquityAdjustments13.00K34.00K
RetainedEarnings-955.53M-824.89M-737.52M-663.71M
AdditionalPaidInCapital926.63M882.25M784.91M751.22M
CapitalStock4.00K3.00K2.00K19.00K
CommonStock4.00K3.00K2.00K19.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest130.43M92.34M47.66M21.10M
TotalNonCurrentLiabilitiesNetMinorityInterest99.46M65.96M26.00M2.51M
PreferredSecuritiesOutsideStockEquity0.0025.35M0.00
DerivativeProductLiabilities58.20M0.00
LongTermDebtAndCapitalLeaseObligation41.26M40.62M26.00M2.51M
LongTermCapitalLeaseObligation535.00K530.00K1.47M2.26M
LongTermDebt40.72M40.09M24.53M249.00K
CurrentLiabilities30.97M26.38M21.66M18.59M
CurrentDeferredLiabilities0.00327.00K710.00K0.00
CurrentDebtAndCapitalLeaseObligation995.00K941.00K1.07M667.00K
CurrentCapitalLeaseObligation995.00K941.00K794.00K667.00K
CurrentDebt275.00K
OtherCurrentBorrowings275.00K
PensionandOtherPostRetirementBenefitPlansCurrent6.25M4.80M3.84M3.89M
PayablesAndAccruedExpenses23.73M20.32M16.04M14.03M
CurrentAccruedExpenses19.71M13.13M11.14M11.73M
InterestPayable316.00K316.00K192.00K3.00K
Payables4.03M7.18M4.90M2.30M
AccountsPayable4.03M7.18M4.90M2.30M
TotalAssets101.54M149.72M95.05M108.66M
TotalNonCurrentAssets6.58M6.04M2.18M2.92M
OtherNonCurrentAssets5.14M4.83M299.00K410.00K
InvestmentsAndAdvances0.00
NetPPE1.44M1.21M1.88M2.51M
AccumulatedDepreciation-1.62M-1.59M-1.53M-1.68M
GrossPPE3.06M2.80M3.41M4.19M
Leases146.00K146.00K146.00K146.00K
OtherProperties1.41M1.18M1.79M2.30M
MachineryFurnitureEquipment1.50M1.48M1.48M1.74M
Properties0.000.000.000.00
CurrentAssets94.96M143.68M92.87M105.74M
OtherCurrentAssets5.94M6.55M4.95M4.97M
PrepaidAssets4.95M4.97M
Receivables200.00K0.0031.00K516.00K
AccountsReceivable200.00K0.0031.00K516.00K
CashCashEquivalentsAndShortTermInvestments88.82M137.13M87.89M100.26M
OtherShortTermInvestments0.0059.22M12.96M79.00M
CashAndCashEquivalents88.82M77.91M74.93M21.25M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-104.80M-86.46M-63.67M-53.70M
RepurchaseOfCapitalStock-925.00K
RepaymentOfDebt-150.00K-300.00K0.000.00
IssuanceOfDebt0.0014.92M24.15M0.00
IssuanceOfCapitalStock14.22M119.52M27.35M6.72M
CapitalExpenditure-28.00K-196.00K
InterestPaidSupplementalData3.77M3.36M1.54M1.01M
EndCashPosition89.06M79.08M75.79M21.49M
BeginningCashPosition79.08M75.79M21.49M68.02M
ChangesInCash9.98M3.29M54.30M-46.53M
FinancingCashFlow54.78M134.19M51.78M6.88M
CashFlowFromContinuingFinancingActivities54.78M134.19M51.78M6.88M
NetOtherFinancingCharges-925.00K
InterestPaidCFF0.000.00
ProceedsFromStockOptionExercised40.71M57.00K282.00K1.09M
CashDividendsPaid0.000.00
NetPreferredStockIssuance0.0028.10M0.000.00
PreferredStockIssuance0.0028.10M0.000.00
NetCommonStockIssuance14.22M91.42M27.35M6.72M
CommonStockPayments-925.00K
CommonStockIssuance14.22M91.42M27.35M6.72M
NetIssuancePaymentsOfDebt-150.00K14.62M24.15M0.00
NetLongTermDebtIssuance-150.00K14.62M24.15M0.00
LongTermDebtPayments-150.00K-300.00K0.000.00
LongTermDebtIssuance0.0014.92M24.15M0.00
InvestingCashFlow59.97M-44.45M66.19M87.00K
CashFlowFromContinuingInvestingActivities59.97M-44.45M66.19M87.00K
NetInvestmentPurchaseAndSale60.00M-44.45M66.19M283.00K
SaleOfInvestment60.00M52.00M84.00M86.72M
PurchaseOfInvestment0.00-96.45M-17.82M-86.44M
NetPPEPurchaseAndSale-28.00K0.000.00-196.00K
PurchaseOfPPE-28.00K0.000.00-196.00K
OperatingCashFlow-104.77M-86.46M-63.67M-53.50M
CashFlowFromContinuingOperatingActivities-104.77M-86.46M-63.67M-53.50M
ChangeInWorkingCapital3.72M-957.00K3.90M584.00K
ChangeInOtherWorkingCapital-327.00K-383.00K710.00K
ChangeInOtherCurrentLiabilities0.000.00
ChangeInOtherCurrentAssets0.000.00
ChangeInPayablesAndAccruedExpense4.84M5.22M1.96M2.42M
ChangeInAccruedExpense8.00M2.94M-638.00K1.80M
ChangeInPayable-3.16M2.28M2.60M623.00K
ChangeInAccountPayable-3.16M2.28M2.60M623.00K
ChangeInPrepaidAssets-596.00K-5.83M744.00K-1.56M
ChangeInInventory0.000.00
ChangeInReceivables-200.00K31.00K485.00K-277.00K
ChangesInAccountReceivables0.0031.00K485.00K-277.00K
OtherNonCashItems-4.37M-4.06M74.00K9.33M
StockBasedCompensation7.34M5.86M6.05M7.71M
DepreciationAmortizationDepletion26.00K62.00K118.00K72.00K
DepreciationAndAmortization26.00K62.00K118.00K72.00K
AmortizationCashFlow0.000.00
AmortizationOfIntangibles0.000.00
Depreciation26.00K62.00K118.00K72.00K
OperatingGainsLosses19.15M
GainLossOnInvestmentSecurities19.15M
NetIncomeFromContinuingOperations-130.64M-87.37M-73.81M-71.20M
SEC Filings

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

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