Coherus Biosciences (CHRS) AI Stock Analysis

• Market Cap: $174.34M
• Dividend Yield: N/A
• Average Volume (3M): 1.37M
• Price to Earnings (P/E): 5.5
• Beta (1Y): 1.61
• Revenue Growth: -53.67%
• EPS Growth: -330.15%
• Country: US
• Employees: 228
• Sector: Healthcare
• Sector Strength: 45
• Industry: Biotechnology
• EPS (TTM): -0.39
• Shares Outstanding: 116,227,270
• 10 Day Avg. Volume: 1,505,218
• 30 Day Avg. Volume: 1,365,849
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: -0.57
• Enterprise Value/Revenue: -0.69
• Enterprise Value/Gross Profit: -1.22
• Enterprise Value/Ebitda: 0.72
• 1Y Price Target: $4.03
• Price Target Upside: 168.67% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 54 Neutral
• Price Target: $1.50 ▲(0.00% Upside)

The overall stock score reflects significant financial challenges, with declining revenue and profitability, and negative cash flows weighing heavily. However, strong earnings call highlights and bullish technical indicators provide some positive offset. The valuation remains unattractive due to negative earnings and lack of dividends.

Positive Factors

Revenue Growth

The significant revenue growth of LOQTORZI indicates strong market adoption and potential for continued expansion, supporting long-term revenue streams.

Strategic Repositioning

Focusing on oncology aligns Coherus with high-demand sectors, potentially enhancing its competitive position and long-term growth prospects.

Financial Position

A strong cash position ensures operational stability and the ability to invest in growth opportunities, supporting long-term strategic initiatives.

Negative Factors

Revenue Decline

Declining revenue and profitability highlight operational challenges, potentially impacting the company's ability to sustain growth and market presence.

Cash Flow Challenges

Negative cash flows indicate financial strain, limiting the company's ability to fund operations and invest in growth, impacting long-term viability.

Community Adoption Challenges

Slow community adoption of LOQTORZI may hinder revenue growth and market penetration, affecting the company's competitive edge in the long term.

Coherus Biosciences Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Coherus Biosciences generates revenue primarily through the sale of its biosimilar products. The company has established key partnerships with other pharmaceutical companies to enhance its research and development capabilities and expand its market reach. Significant revenue streams include product sales from its approved biosimilars, royalties from collaborations, and potential milestone payments associated with its pipeline products. Additionally, the company may benefit from expanding its portfolio of biosimilars as it seeks to capture market share in the growing biosimilars market, which is driven by increasing demand for cost-effective biologic therapies.

Coherus Biosciences Financial Statement Overview

Summary

Coherus Biosciences faces substantial financial challenges with declining revenues, persistent losses, and high leverage. The negative equity position and reliance on financing highlight potential risks. Improvement in operational performance and financial stability is critical for future growth.

Income Statement

The income statement reveals significant challenges for Coherus Biosciences, with declining revenue and consistent net losses over the periods. The TTM data shows negative margins across gross profit, EBIT, and EBITDA, indicating profitability issues. Revenue growth is negative, reflecting a downward trend in sales.

Balance Sheet

The balance sheet indicates high financial leverage with a negative stockholders' equity, suggesting insolvency risks. The debt-to-equity ratio is not calculable due to negative equity, and the equity ratio is negative, underscoring financial instability. Overall, the balance sheet reflects potential risks due to high liabilities.

Cash Flow

Cash flow analysis shows limited operational cash generation with a marginally positive free cash flow in the TTM period. However, historical data reflects negative operating and free cash flows, indicating reliance on external financing. The operating cash flow to net income ratio is unfavorable, suggesting inefficiencies in cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	142.77M	266.96M	257.24M	211.04M	326.55M	475.82M
Gross Profit	81.11M	149.41M	98.25M	140.96M	268.96M	438.16M
EBITDA	-137.84M	60.94M	-193.94M	-255.58M	-260.69M	161.84M
Net Income	179.75M	28.51M	-237.89M	-291.75M	-287.10M	132.24M
Balance Sheet
Total Assets	439.46M	448.53M	629.60M	480.85M	679.33M	841.65M
Cash, Cash Equivalents and Short-Term Investments	237.64M	125.99M	117.75M	191.68M	417.19M	541.16M
Total Debt	2.41M	269.90M	480.84M	480.42M	419.02M	417.10M
Total Liabilities	319.64M	580.52M	823.03M	618.26M	581.61M	560.67M
Stockholders Equity	119.83M	-131.99M	-193.43M	-137.42M	97.73M	280.97M
Cash Flow
Free Cash Flow	-105.87M	-20.44M	-175.17M	-243.16M	-38.72M	147.09M
Operating Cash Flow	-105.87M	-20.44M	-174.88M	-241.12M	-37.43M	154.15M
Investing Cash Flow	445.05M	230.32M	144.64M	-166.85M	-138.41M	-14.40M
Financing Cash Flow	-281.72M	-186.97M	69.60M	54.33M	51.88M	223.95M

Coherus Biosciences Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CHRS, the sentiment is Positive. The current price of 1.5 is above the 20-day moving average (MA) of 1.38, above the 50-day MA of 1.15, and above the 200-day MA of 1.08, indicating a bullish trend. The MACD of 0.11 indicates Negative momentum. The RSI at 62.14 is Neutral, neither overbought nor oversold. The STOCH value of 60.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CHRS.

Coherus Biosciences Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CHRS	54 Neutral	$174.34M	5.55	-860.65%	―	-53.67%	-330.15%
GNLX	49 Neutral	$158.65M	-4.90	-113.68%	―	-100.00%	11.41%
SLS	43 Neutral	$171.63M	-4.96	―	―	―	64.43%
NAUT	41 Neutral	$104.68M	-1.59	―	―	―	6.27%
TIL	34 Underperform	$114.29M	-1.31	―	―	―	29.72%
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%

Coherus Biosciences Corporate Events

Coherus Biosciences Regains Nasdaq Compliance

On June 30, 2025, Coherus Oncology, Inc. received a deficiency notice from Nasdaq due to its stock price falling below $1.00 per share for 30 consecutive business days. By September 5, 2025, the company regained compliance with Nasdaq’s listing requirements, ensuring its continued presence on the Nasdaq Global Market.

Coherus Biosciences Receives Nasdaq Deficiency Notice

On June 30, 2025, Coherus Oncology, Inc. received a deficiency notice from Nasdaq due to its stock price falling below $1.00 for 30 consecutive business days, which is below the required minimum for continued listing. The company has until December 29, 2025, to regain compliance by maintaining a minimum closing bid price of $1.00 per share for 10 consecutive business days. If Coherus fails to meet this requirement, it may seek an additional compliance period or face potential delisting, with options to appeal any delisting determination.

Coherus Biosciences Holds Virtual Annual Stockholder Meeting

On June 11, 2025, Coherus Oncology, Inc. held its Annual Meeting of Stockholders virtually, where various proposals were voted on. The stockholders elected three Class II directors, ratified Ernst & Young LLP as the company’s accounting firm, approved executive compensation, and amended the 2014 Employee Stock Purchase Plan.