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Corbus Pharmaceuticals (CRBP)
NASDAQ:CRBP
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Corbus Pharmaceuticals (CRBP) AI Stock Analysis

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CRBP

Corbus Pharmaceuticals

(NASDAQ:CRBP)

Rating:43Neutral
Price Target:
Corbus Pharmaceuticals' overall stock score is driven by severe financial challenges, including no recent revenue and high net losses, which significantly weigh down its score. However, technical indicators suggest some short-term positive momentum. The promising Phase 1 trial results provide a potential catalyst in the biotechnology field, offering some positive outlook despite the current financial difficulties.
Positive Factors
Clinical Data
Corbus disclosed updated data from its ongoing Phase 1 trial, showing a confirmed objective response rate (ORR) of 57% in patients with heavily pretreated head and neck squamous cell carcinoma.
Financial Health
Corbus ended the second quarter with $116.6 million in cash, expected to fund operations through the second quarter of 2027.
Regulatory Approval
FDA granted Fast Track designation for CRB-701 in r/r metastatic cervical cancer, signaling clinical and regulatory alignment.
Negative Factors
Clinical Risk
The duration may be too short to confirm that CRB-913’s greater peripheral restriction fully mitigates neuropsychiatric risk.
Financial Performance
Corbus reported a net loss of $17.7 million, which was worse than the estimate of a loss of $11.0 million.
Short Interest
Short interest in Corbus Pharmaceuticals Holdings is notably high at 17.6% of the float.

Corbus Pharmaceuticals (CRBP) vs. SPDR S&P 500 ETF (SPY)

Corbus Pharmaceuticals Business Overview & Revenue Model

Company DescriptionCorbus Pharmaceuticals Holdings, Inc. (CRBP) is a clinical-stage pharmaceutical company specializing in the development and commercialization of novel therapeutics for the treatment of inflammatory and fibrotic diseases. The company's primary focus is on harnessing the potential of the endocannabinoid system to develop drugs that address chronic diseases with significant unmet medical needs. Corbus is engaged in developing a pipeline of innovative drug candidates targeting these conditions, with a particular emphasis on rare inflammatory diseases.
How the Company Makes MoneyCorbus Pharmaceuticals primarily makes money through the development and commercialization of its drug candidates. The company's revenue model involves advancing its drug pipeline through clinical trials, obtaining regulatory approvals, and subsequently partnering with larger pharmaceutical companies for distribution and commercialization. Key revenue streams include milestone payments from strategic partnerships, licensing agreements, and potential sales of its proprietary drugs once approved. Corbus relies on collaborations with other pharmaceutical companies and research institutions to enhance its research capabilities and expedite the development of its therapeutic candidates, which is crucial for generating future revenue.

Corbus Pharmaceuticals Financial Statement Overview

Summary
Corbus Pharmaceuticals faces severe financial challenges with no revenue in recent periods, high net losses, and cash flow issues. The balance sheet shows some recovery in equity, but financial instability remains a risk. Strategic changes are essential for financial health improvement.
Income Statement
10
Very Negative
Corbus Pharmaceuticals has faced significant revenue challenges, with zero revenue in recent years and declining gross profit margins. The company's net losses have been substantial, indicating ongoing operational struggles. While total revenue was positive in 2019, it has since dropped to zero, highlighting critical revenue generation issues.
Balance Sheet
25
Negative
The company's financial stability is concerning, with a significant debt load relative to equity, although the debt-to-equity ratio improved in 2024 due to positive equity. The equity ratio shows weak equity backing, but the positive stockholders' equity in 2024 is a recovery sign from previous negative equity.
Cash Flow
20
Very Negative
Corbus Pharmaceuticals has consistently experienced negative operating and free cash flows, indicating cash burn without adequate inflows from operations. The free cash flow to net income ratio is negative, reflecting inefficient cash usage. However, financing inflows in 2024 improved cash positions, providing temporary relief.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue703.38K0.000.000.00881.71K3.94M
Gross Profit-546.00K-600.00K-31.17M-1.49M-757.53K3.84M
EBITDA-57.09M-37.74M-44.44M-38.73M-54.97M-121.69M
Net Income-57.95M-40.21M-44.60M-55.83M-45.55M-111.30M
Balance Sheet
Total Assets125.08M155.88M28.27M66.31M107.73M102.29M
Cash, Cash Equivalents and Short-Term Investments20.04M149.06M20.91M59.20M97.65M85.43M
Total Debt2.46M3.24M20.88M25.09M26.59M26.84M
Total Liabilities14.09M13.45M35.18M33.32M38.62M57.02M
Stockholders Equity110.99M142.43M-6.90M32.99M69.11M45.27M
Cash Flow
Free Cash Flow-57.90M-41.79M-36.10M-37.56M-48.24M-100.17M
Operating Cash Flow-57.90M-41.79M-36.10M-37.54M-48.18M-99.69M
Investing Cash Flow29.23M-121.31M35.64M30.07M-73.42M-484.49K
Financing Cash Flow25.03M166.58M-2.82M-533.62K60.82M154.87M

Corbus Pharmaceuticals Technical Analysis

Technical Analysis Sentiment
Positive
Last Price10.02
Price Trends
50DMA
8.87
Positive
100DMA
8.21
Positive
200DMA
9.42
Positive
Market Momentum
MACD
0.29
Positive
RSI
58.62
Neutral
STOCH
52.03
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CRBP, the sentiment is Positive. The current price of 10.02 is above the 20-day moving average (MA) of 9.49, above the 50-day MA of 8.87, and above the 200-day MA of 9.42, indicating a bullish trend. The MACD of 0.29 indicates Positive momentum. The RSI at 58.62 is Neutral, neither overbought nor oversold. The STOCH value of 52.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CRBP.

Corbus Pharmaceuticals Risk Analysis

Corbus Pharmaceuticals disclosed 51 risk factors in its most recent earnings report. Corbus Pharmaceuticals reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Corbus Pharmaceuticals Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$7.91B-0.36-41.71%2.23%23.45%-1.86%
48
Neutral
$99.31M-63.33%-42.94%
43
Neutral
$119.37M-49.00%18.15%
43
Neutral
$109.66M-88.95%-553.86%
36
Underperform
$99.62M-41.66%-8.91%
35
Underperform
$104.29M-40.31%57.64%
35
Underperform
$120.80M-170.53%22.35%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CRBP
Corbus Pharmaceuticals
10.02
-40.02
-79.98%
SAVA
Cassava Sciences
2.15
-24.76
-92.01%
ATOS
Atossa Therapeutics
0.77
-0.56
-42.11%
BMEA
Biomea Fusion
1.83
-5.25
-74.15%
TCRX
TScan Therapeutics
1.89
-3.66
-65.95%
HLVX
HilleVax, Inc
2.10
0.36
20.69%

Corbus Pharmaceuticals Corporate Events

Executive/Board ChangesShareholder Meetings
Corbus Pharmaceuticals Announces Board Member Departure
Neutral
Mar 21, 2025

On March 20, 2025, Dr. Peter Salzmann informed Corbus Pharmaceuticals Holdings, Inc. that he will not seek re-election to the Board of Directors at the 2025 annual meeting. Dr. Salzmann will continue his role until the meeting, and his decision was not due to any disagreements with the company. Consequently, the Board will reduce its size from eight to seven members after the meeting.

Executive/Board Changes
Corbus Pharmaceuticals Appoints Ian Hodgson as COO
Neutral
Mar 18, 2025

On March 13, 2025, Corbus Pharmaceuticals appointed Ian Hodgson as Chief Operating Officer, effective March 15, 2025. Hodgson, with over 25 years of experience in drug development, previously served as Head of Operations at Corbus and has held various leadership roles in the biotech and pharmaceutical sectors. His appointment is accompanied by a Service Agreement that outlines his compensation and employment terms, including non-compete clauses and provisions for termination under specific circumstances.

Business Operations and StrategyFinancial Disclosures
Corbus Pharmaceuticals Reports Q4 2024 Financial Results
Neutral
Mar 11, 2025

Corbus Pharmaceuticals reported its Q4 and 2024 financial results, highlighting significant progress in its oncology and obesity programs. The company announced encouraging Phase 1 results for CRB-701 in Western studies, with the FDA granting Fast Track designation for its use in metastatic cervical cancer. The company also plans to start a study for CRB-913 in March 2025. Financially, Corbus reported a net loss of $9.5 million for Q4 2024, with $149 million in cash and investments, expected to fund operations through Q3 2027.

Product-Related AnnouncementsBusiness Operations and Strategy
Corbus Pharmaceuticals Reports Promising Phase 1 Trial Results
Positive
Feb 14, 2025

On February 14, 2025, Corbus Pharmaceuticals announced data from a Phase 1 clinical trial for CRB-701, presented at the ASCO GU Symposium. The trial in the US and UK showed promising safety and efficacy, with no dose-limiting toxicities and encouraging responses in several tumor types, including a first-time exploration in head and neck squamous cell carcinoma. This positions Corbus strongly within the oncology field, potentially impacting stakeholders positively.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 01, 2025