Coherus Biosciences (CHRS) AI Stock Analysis

• Market Cap: $164.38M
• Dividend Yield: N/A
• Average Volume (3M): 1.10M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.19
• Revenue Growth: -72.54%
• EPS Growth: -19972.15%
• Country: US
• Employees: 228
• Sector: Healthcare
• Sector Strength: 45
• Industry: Biotechnology
• EPS (TTM): -0.31
• Shares Outstanding: 120,871,010
• 10 Day Avg. Volume: 992,000
• 30 Day Avg. Volume: 1,095,177
• PEG Ratio: -0.05
• Price to Book (P/B): -1.20
• Price to Sales (P/S): 0.59
• P/FCF Ratio: -7.73
• Enterprise Value/Market Cap: 0.32
• Enterprise Value/Revenue: 0.64
• Enterprise Value/Gross Profit: 1.33
• Enterprise Value/Ebitda: -0.31
• 1Y Price Target: $5.50
• Price Target Upside: 304.41% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): -1.51
• Revenue Forecast (FY): $43.82M

• Rating: 47 Neutral
• Price Target: $1.00 ▼(-26.47% Downside)

Coherus Biosciences' overall stock score reflects significant financial challenges and valuation concerns, despite positive strategic initiatives highlighted in the earnings call. Technical indicators suggest bearish momentum, and the lack of dividend yield further impacts the valuation score.

Positive Factors

Pipeline Progress

The advancement of clinical trials and pursuit of multiple cancer indications demonstrate Coherus' scientific leadership and potential for future growth.

Strategic Focus

The divestiture of non-core biosimilar businesses allows Coherus to concentrate resources on its oncology pipeline, enhancing long-term strategic focus.

Financial Management

The reduction in operating expenses through streamlined operations reflects effective financial management, improving profitability prospects.

Negative Factors

Revenue Decline

The substantial decline in revenue growth indicates challenges in maintaining market share and competitive positioning, affecting long-term sustainability.

Cash Flow Issues

Persistent negative cash flows highlight liquidity concerns, potentially limiting the company's ability to invest in growth and manage debt effectively.

Community Engagement Challenges

Limited awareness among community physicians restricts market penetration, posing a challenge to expanding the customer base and achieving sales targets.

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 sales of its biosimilar products, which are designed to compete with existing biologic therapies in the market. The company's key revenue streams include the commercialization of its approved biosimilars, which are sold directly to healthcare providers and pharmacies. Additionally, Coherus may engage in partnerships or licensing agreements with other biopharmaceutical companies, which can provide upfront payments, milestone payments, and royalties based on product sales. These strategic partnerships are crucial for expanding its product portfolio and accelerating market access. Furthermore, Coherus may benefit from cost savings associated with the development of biosimilars compared to original biologics, allowing for competitive pricing and improved profit margins.

Coherus Biosciences Financial Statement Overview

Summary

Coherus Biosciences is facing financial challenges with declining revenues and profitability pressures. The balance sheet shows some improvement, but historical leverage issues persist. Cash flow metrics highlight ongoing liquidity concerns.

Income Statement

Coherus Biosciences has experienced significant revenue declines in the TTM period, with a negative revenue growth rate of -41.47%. The gross profit margin has decreased from previous years, indicating pressure on profitability. Despite a positive net profit margin in the TTM period, historical data shows consistent net losses, highlighting volatility in earnings. The negative EBIT and EBITDA margins further underscore operational challenges.

Balance Sheet

The company's balance sheet shows improvement in the TTM period with a positive stockholders' equity, reducing the debt-to-equity ratio significantly. However, historical data reveals high leverage and negative equity in prior years, indicating financial instability. The return on equity remains negative, reflecting ongoing profitability challenges.

Cash Flow

Coherus Biosciences has faced consistent negative operating and free cash flows, with a declining trend in free cash flow growth. The operating cash flow to net income ratio is negative, indicating cash flow issues relative to earnings. Despite a positive free cash flow to net income ratio, the overall cash flow position remains weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	83.57M	266.96M	257.24M	211.04M	326.55M	475.82M
Gross Profit	39.94M	149.41M	98.25M	140.96M	268.96M	438.16M
EBITDA	-171.31M	60.94M	-193.94M	-255.58M	-260.69M	161.84M
Net Income	154.97M	28.51M	-237.89M	-291.75M	-287.10M	132.24M
Balance Sheet
Total Assets	516.52M	448.53M	629.60M	480.85M	679.33M	841.65M
Cash, Cash Equivalents and Short-Term Investments	191.66M	125.99M	117.75M	191.68M	417.19M	541.16M
Total Debt	40.69M	269.90M	480.84M	480.42M	419.02M	417.10M
Total Liabilities	428.75M	580.52M	823.03M	618.26M	581.61M	560.67M
Stockholders Equity	87.77M	-131.99M	-193.43M	-137.42M	97.73M	280.97M
Cash Flow
Free Cash Flow	-90.19M	-20.44M	-175.17M	-243.16M	-38.72M	146.91M
Operating Cash Flow	-90.19M	-20.44M	-174.88M	-241.12M	-37.43M	154.15M
Investing Cash Flow	377.38M	230.32M	144.64M	-166.85M	-138.41M	-14.40M
Financing Cash Flow	-281.56M	-186.97M	69.60M	54.33M	51.88M	223.95M

Coherus Biosciences Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.36
• 50DMA: Negative
• 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 1.36 is above the 20-day moving average (MA) of 1.30, below the 50-day MA of 1.44, and above the 200-day MA of 1.12, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 51.60 is Neutral, neither overbought nor oversold. The STOCH value of 58.20 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
GNFT	60 Neutral	$219.11M	―	-51.06%	―	-44.94%	-274.42%
PLX	55 Neutral	$139.13M	24.89	12.64%	―	35.42%	―
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%
IPHA	49 Neutral	$165.69M	-2.93	-271.32%	―	-75.77%	-31.24%
CHRS	47 Neutral	$164.38M	-0.86	―	―	-72.54%	-19972.15%
SLS	43 Neutral	$336.16M	-8.23	-84.33%	―	―	59.04%
MCRB	42 Neutral	$135.52M	24.67	15.95%	―	448.44%	―

Coherus Biosciences Corporate Events

Coherus Biosciences Divests UDENYCA Business

On April 11, 2025, Coherus Biosciences sold its UDENYCA business, marking a significant divestiture of its biosimilar businesses, which included the UDENYCA, YUSIMRY, and CIMERLI franchises. This strategic shift led to the reclassification of these businesses as discontinued operations in their financial reports, reflecting a focus on their innovative oncology pipeline and the expansion of LOQTORZI sales.

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.