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MREO Stock Chart & Stats
$0.29
>-$0.01(-1.10%)
At close: 4:00 PM EDT
$0.29
>-$0.01(-1.10%)
Day’s Range― - ―
52-Week Range$0.20 - $2.37
Previous CloseN/A
Volume389.50K
Average Volume (3M)1.26M
Market Cap
$49.96M
Enterprise Value$21.97
Total Cash (Recent Filing)$30.12M
Total Debt (Recent Filing)$1.03M
Price to Earnings (P/E)―
Beta1.10
Next Earnings
Nov 17, 2026EPS Estimate
-0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.18
Shares Outstanding159,690,980
10 Day Avg. Volume647,111
30 Day Avg. Volume1,259,275
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)1.62
Price to Sales (P/S)132.86
P/FCF Ratio-2.14
Enterprise Value/Market Cap<0.01
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$3.00Price Target Upside934.48% Upside
Rating ConsensusHold
Number of Analyst Covering3
EPS Forecast (FY)-0.06
Revenue Forecast (FY)$2.37M
Bulls Say, Bears Say
Bulls Say
Capital-light Alvelestat PartnershipThe Sentynl agreement could shift Phase 3 funding and future commercialization support to a larger partner while preserving royalties and non-U.S. rights, reducing Mereo’s need to finance the program alone.
Extended Cash RunwayRunway into late 2027 gives management time to advance alvelestat and setrusumab without immediate dependence on capital markets. Potential partner payments could further extend funding capacity if the option is exercised.
Low Balance-sheet LeverageMinimal reported debt limits interest and refinancing pressure relative to highly levered biotech peers. This provides some financial flexibility while the company pursues clinical milestones and partnership-based funding.
Bears Say
Near-zero Revenue And Persistent LossesThe lack of current revenue leaves Mereo dependent on clinical progress, partnerships, and financing rather than an operating commercial base. Persistent losses reduce internal funding capacity and increase execution risk.
Sustained Cash BurnOngoing negative operating and free cash flow means the company cannot currently self-fund development. Continued trials and regulatory work will require disciplined spending, partner funding, or future external capital.
Nasdaq Listing Compliance RiskThe extension preserves market access temporarily but leaves a defined compliance deadline and potential delisting risk. Loss of the Nasdaq listing could impair financing access, liquidity, and visibility with institutional investors.
Mereo Biopharma Group Plc News
MREO FAQ
What was Mereo Biopharma Group Plc’s price range in the past 12 months?
Mereo Biopharma Group Plc lowest stock price was $0.20 and its highest was $2.37 in the past 12 months.
What is Mereo Biopharma Group Plc’s market cap?
Mereo Biopharma Group Plc’s market cap is $49.96M.
When is Mereo Biopharma Group Plc’s upcoming earnings report date?
Mereo Biopharma Group Plc’s upcoming earnings report date is Nov 17, 2026 which is in 88 days.
How were Mereo Biopharma Group Plc’s earnings last quarter?
Mereo Biopharma Group Plc released its earnings results on Aug 11, 2026. The company reported -$0.01 earnings per share for the quarter, missing the consensus estimate of -$0.008 by -$0.002.
Is Mereo Biopharma Group Plc overvalued?
According to Wall Street analysts Mereo Biopharma Group Plc’s price is currently Undervalued.
Does Mereo Biopharma Group Plc pay dividends?
Mereo Biopharma Group Plc does not currently pay dividends.
What is Mereo Biopharma Group Plc’s EPS estimate?
Mereo Biopharma Group Plc’s EPS estimate is -0.02.
How many shares outstanding does Mereo Biopharma Group Plc have?
Mereo Biopharma Group Plc has 159,690,980 shares outstanding.
What happened to Mereo Biopharma Group Plc’s price movement after its last earnings report?
Mereo Biopharma Group Plc reported an EPS of -$0.01 in its last earnings report, missing expectations of -$0.008. Following the earnings report the stock price went up 12.132%.
Which hedge fund is a major shareholder of Mereo Biopharma Group Plc?
Currently, no hedge funds are holding shares in MREO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Mereo Biopharma Group Plc Stock Smart Score
Underperform
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10
Analyst Consensus
Hold
Average Price Target:
$3.00 (934.48% Upside)
$3.00 (934.48% Upside)
Hedge Fund Trend
Decreased
By 517.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 3.2%
Last 30 Days ▼ 3.2%
News Sentiment
Bearish
Bullish news 33%
Bearish news 67%
Bearish news 67%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-83.50%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-44.57%
Trailing 12-Months
Company Description
Mereo Biopharma Group Plc
Mereo BioPharma Group plc, a London-based biopharmaceutical firm established in 2015, specializes in developing and commercializing innovative therapies for oncology and rare conditions. Operating both in the United Kingdom and internationally, the company boasts a diverse product pipeline. Its primary oncology asset, etigilimab (OMP-313M32), an antibody T-cell immunoreceptor, is presently undergoing Phase 1b clinical investigation for tumor treatment. Another cancer compound, Navicixizumab (OMP-305B83), has already concluded its Phase 1b clinical studies for patients battling late-stage ovarian cancer. Beyond cancer, Mereo is advancing several other promising candidates. These include Acumapimod (BCT-197), a p38 MAP kinase inhibitor, which is currently in Phase II clinical trials for addressing acute exacerbations of chronic obstructive pulmonary disease. Additionally, Leflutrozole (BGS-649), an oral aromatase inhibitor, is being developed to manage hypogonadotropic hypogonadism. Within its rare disease portfolio, Mereo features Setrusumab (BPS-804), a novel antibody designed to treat osteogenesis imperfecta, and Alvelestat (MPH-966), an oral small molecule in Phase II clinical trials for Alpha-1 antitrypsin deficiency. To bolster its research, Mereo BioPharma collaborates with The University of Texas MD Anderson Cancer Center, focusing on the evaluation of its anti-TIGIT therapeutic antibody candidate, etigilimab.
MREO Stock 12 Month Forecast
Average Price Target
$3.00
▲(934.48% Upside)
Technical Analysis
Ownership Overview
0.81%
Insiders
0.09% Mutual Funds
26.80% Other Institutional Investors
72.21% Public Companies and
Individual Investors











