Vera Therapeutics (VERA) AI Stock Analysis

• Market Cap: $1.52B
• Dividend Yield: N/A
• Average Volume (3M): 1.80M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.66
• Revenue Growth: N/A
• EPS Growth: -62.51%
• Country: US
• Employees: 152
• Sector: Healthcare
• Sector Strength: 45
• Industry: Biotechnology
• EPS (TTM): -1.20
• Shares Outstanding: 63,823,666
• 10 Day Avg. Volume: 1,916,581
• 30 Day Avg. Volume: 1,800,072
• 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: 0.67
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -1.82K
• Enterprise Value/Ebitda: -4.71
• 1Y Price Target: $66.50
• Price Target Upside: 179.76% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 7

• Rating: 39 Underperform
• Price Target: ―

Vera Therapeutics' overall stock score is driven by ongoing financial challenges, including consistent losses and negative cash flows, despite a strong equity position. Technical analysis indicates bearish momentum, with the stock underperforming key moving averages. The valuation is unattractive due to a negative P/E ratio and no dividend yield.

Positive Factors

Strong Equity Position

A strong equity position with low debt leverage indicates prudent financial management, providing stability and flexibility for future growth.

Innovative Product Pipeline

The focus on innovative therapies for unmet needs in immunological diseases positions Vera Therapeutics as a potential leader in biotechnology, supporting long-term growth.

Significant Partnerships

Partnerships with industry leaders enhance research capabilities and provide potential revenue streams, strengthening Vera's market position and growth prospects.

Negative Factors

Consistent Net Losses

Ongoing net losses and negative EBIT margins highlight financial instability, which could hinder investment in R&D and long-term growth.

Negative Cash Flows

Negative cash flows indicate cash management challenges, potentially limiting operational flexibility and increasing reliance on external financing.

Lack of Revenue Growth

Lack of revenue growth amidst rising losses suggests difficulty in scaling operations, which may impact long-term viability and competitiveness.

Vera Therapeutics Business Overview & Revenue Model

Company Description

Vera Therapeutics, Inc., a clinical stage biotechnology company, focuses on developing and commercializing treatments for patients with serious immunological diseases in the United States. Its lead product candidate is atacicept, a fusion protein self-administered as a subcutaneous injection that is in Phase IIb clinical trial for patients with immunoglobulin A nephropathy. It is also developing MAU868, a monoclonal antibody for the treatment of BK viremia infections and is under Phase 2 clinical trial. The company was formerly known as Trucode Gene Repair, Inc. and changed its name to Vera Therapeutics, Inc. in April 2020. Vera Therapeutics, Inc. was incorporated in 2016 and is headquartered in Brisbane, California.

How the Company Makes Money

Vera Therapeutics makes money primarily through the development and commercialization of its proprietary drug candidates. The company's revenue model includes licensing agreements, research collaborations, and eventually, sales of approved therapies. Key revenue streams involve upfront payments, milestone payments, and royalties from commercial partnerships with larger pharmaceutical companies. Significant partnerships with industry leaders and research organizations play a crucial role in advancing their drug development programs and contributing to potential future earnings.

Vera Therapeutics Financial Statement Overview

Summary

Vera Therapeutics faces financial instability with consistent net losses and negative EBIT margins. Although there is a positive trend in gross profit, cash flow challenges remain due to negative free cash flows and reliance on financing. The balance sheet shows a strong equity position with low debt leverage, but fluctuations in the equity ratio indicate potential asset management volatility.

Income Statement

Vera Therapeutics has faced a challenging period with consistent net losses and negative EBIT margins over the years. The absence of revenue growth and a significant increase in net losses highlight financial instability. However, the improvements in gross profit from negative to positive values in recent years offer a slight positive trajectory.

Balance Sheet

The company demonstrates a strong equity position with a growing stockholders' equity, minimizing debt leverage. The debt-to-equity ratio remains low, indicating prudent financial management. However, the overall equity ratio has fluctuated, reflecting potential volatility in asset management.

Cash Flow

Vera Therapeutics experiences negative free cash flows, with operating cash flow consistently below net income, highlighting cash management challenges. A positive note is the significant financing inflows that bolster cash reserves, although relying on financing isn't sustainable long-term.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	1.86M	0.00	0.00	0.00
Gross Profit	-563.00K	0.00	1.86M	846.00K	-176.00K	-251.00K
EBITDA	-217.46M	-167.17M	-102.01M	-90.90M	-34.23M	-52.99M
Net Income	-218.28M	-152.15M	-95.99M	-89.06M	-32.61M	-53.41M
Balance Sheet
Total Assets	578.53M	655.68M	175.55M	131.44M	83.75M	54.55M
Cash, Cash Equivalents and Short-Term Investments	556.83M	640.85M	160.72M	114.65M	79.67M	53.65M
Total Debt	77.55M	54.64M	53.71M	31.29M	4.92M	2.00K
Total Liabilities	110.25M	78.53M	73.86M	54.53M	14.16M	143.90M
Stockholders Equity	468.28M	577.15M	101.69M	76.91M	69.59M	-89.35M
Cash Flow
Free Cash Flow	-211.42M	-135.65M	-92.24M	-67.66M	-23.71M	-34.91M
Operating Cash Flow	-185.27M	-134.68M	-92.18M	-67.60M	-23.71M	-34.81M
Investing Cash Flow	-139.21M	-425.03M	-39.43M	-70.55M	-4.20M	-42.00K
Financing Cash Flow	348.51M	606.67M	133.54M	101.93M	53.88M	85.29M

Vera Therapeutics Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 23.77
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VERA, the sentiment is Positive. The current price of 23.77 is above the 20-day moving average (MA) of 22.83, above the 50-day MA of 22.33, and below the 200-day MA of 28.34, indicating a neutral trend. The MACD of 0.69 indicates Negative momentum. The RSI at 55.58 is Neutral, neither overbought nor oversold. The STOCH value of 72.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for VERA.

Vera Therapeutics Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VRDN	61 Neutral	$1.54B	―	-62.99%	―	5.90%	-0.36%
Sector *	51 Neutral	$7.92B	-0.36	-43.38%	2.25%	22.38%	-2.17%
JANX	45 Neutral	$1.45B	―	-12.82%	―	-97.10%	-96.30%
PHVS	42 Neutral	$1.49B	―	-63.96%	―	―	-36.92%
EWTX	40 Underperform	$1.50B	―	-27.41%	―	―	-1.46%
BHVN	40 Underperform	$1.47B	―	-295.94%	―	―	16.36%
VERA	39 Underperform	$1.52B	―	-54.83%	―	―	-62.51%

Vera Therapeutics Corporate Events

Vera Therapeutics Highlights Atacicept Progress at Conference

Vera Therapeutics announced an updated corporate presentation at the J.P. Morgan Healthcare Conference, highlighting the progress of their lead therapy, atacicept, in clinical trials. The company is positioned strongly with $677 million in cash and marketable securities, and is focused on potential commercial launch plans, bolstered by breakthrough therapy designation from the FDA for atacicept in treating IgAN. The company aims to expand atacicept’s indications to other autoimmune and kidney diseases, with several clinical trials underway.