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Coherus Oncology, Inc. (CHRS)

Healthcare | Biotechnology | Redwood City, United States | NasdaqGM
1.47 USD -0.07 (-4.545%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★⯪☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:07 a.m. EDT

The investment case here is fundamentally broken. The company has endured six consecutive years of negative annual returns, with the stock price collapsing nearly 96% over the last nine years. This is not a temporary setback; it is a structural implosion where the market has repeatedly rejected the business model. Despite a recent 27% share price rise mentioned in headlines, the underlying reality remains dire: negative operating cash flow, negative free cash flow, and a forward P/E that indicates no expected earnings. The balance sheet is fragile, and the lack of any dividend payout confirms the capital is being consumed by operations rather than returned to shareholders. While analysts see a path to recovery, the data shows a company that has failed to generate value for nearly a decade. The short-term outlook is murky at best, likely dragging along until the next clinical readout, but the long-term thesis is non-existent given the relentless multi-year decline.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.090476
AutoETS0.128196
AutoARIMA0.128199
MSTL0.131370
MSTL_1150.152826
MSTL_840.169969
MSTL_84_1150.211889

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 30%
H-stat 9.66
Ljung-Box p 0.000
Jarque-Bera p 0.352
Excess Kurtosis -0.88
Attribute Value
Sector Healthcare
Debt to Equity Ratio 69.155
Revenue per Share 0.383
Market Cap 226,747,360
Forward P/E -1.44
Beta 0.98
Profit Margins 397.30%
Previous Name Coherus BioSciences, Inc.
Website https://www.coherus.com

As of July 11, 2026, 6:07 a.m. EDT: Speculators are positioning for a continued decline, evidenced by heavy put open interest at strikes significantly above the current price (2.0 and 3.0) relative to call volume. While there is some call activity at the 3.0 strike, the overwhelming open interest concentration in out-of-the-money puts suggests a bearish sentiment expecting further downside before the next major catalyst.


Info Dump

Attribute Value
52 Week Change 0.73144877
Address1 333 Twin Dolphin Drive
Address2 Suite 600
All Time High 38.1
All Time Low 0.66
Ask 1.9
Ask Size 2
Audit Risk 9
Average Daily Volume10 Day 1,057,040
Average Daily Volume3 Month 1,166,868
Average Volume 1,166,868
Average Volume10Days 1,057,040
Beta 0.979
Bid 1.07
Bid Size 2
Board Risk 6
Book Value 0.51
City Redwood City
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 1.47
Current Ratio 1.557
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 1.5399
Day Low 1.46
Debt To Equity 69.155
Display Name Coherus BioSciences
Earnings Call Timestamp End 1,778,533,200
Earnings Call Timestamp Start 1,778,533,200
Earnings Timestamp 1,778,529,600
Earnings Timestamp End 1,786,046,400
Earnings Timestamp Start 1,786,046,400
Ebitda -163,391,008
Ebitda Margins 0.0
Enterprise To Ebitda -0.698
Enterprise To Revenue 2.433
Enterprise Value 114,071,352
Eps Current Year -0.745
Eps Forward -1.02
Eps Trailing Twelve Months -1.42
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.5607
Fifty Day Average Change -0.09070003
Fifty Day Average Change Percent -0.058114965
Fifty Two Week Change Percent 73.144875
Fifty Two Week High 2.616
Fifty Two Week High Change -1.1459999
Fifty Two Week High Change Percent -0.43807337
Fifty Two Week Low 0.81
Fifty Two Week Low Change 0.66
Fifty Two Week Low Change Percent 0.81481487
Fifty Two Week Range 0.81 - 2.616
Financial Currency USD
First Trade Date Milliseconds 1,415,284,200,000
Float Shares 132,526,887
Forward Eps -1.02
Forward P E -1.4411765
Free Cashflow -27,062,876
Full Exchange Name NasdaqGM
Full Time Employees 145
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.68059
Gross Profits 31,908,000
Has Pre Post Market Data 1
Held Percent Insiders 0.1866
Held Percent Institutions 0.38653
Implied Shares Outstanding 154,249,900
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary 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 IL-27. It also develops CHS-114, an investigational human afucosylated IgG1 monoclonal antibody, a chemokine receptor highly expressed on Treg cells in the tumor microenvironment (TME) patients with head and neck squamous cell carcinoma. It has a collaboration agreement with Junshi Biosciences for the co-development and commercialization of toripalimab; agreements 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. It also has a clinical collaboration agreement with Zumutor Biologics Inc. for the development of LOQTORZI with ZM0008 as a treatment for cancer patients. 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.
Long Name Coherus Oncology, Inc.
Market us_market
Market Cap 226,747,360
Market State PRE
Max Age 86,400
Message Board Id finmb_206928583
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-14
Net Income To Common -172,660,992
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 226,747,353
Number Of Analyst Opinions 5
Open 1.5399
Operating Cashflow -170,572,992
Operating Margins -2.93672
Overall Risk 8
Payout Ratio 0.0
Phone 650 649 3530
Pre Market Change 0.00999999
Pre Market Change Percent 0.68027145
Pre Market Price 1.48
Pre Market Time 1,784,024,345
Prev Name Coherus BioSciences, Inc.
Previous Close 1.54
Price Eps Current Year -1.9731544
Price Hint 4
Price To Book 2.882353
Price To Sales Trailing12 Months 4.8364515
Profit Margins 3.9729998
Quick Ratio 1.432
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0699999
Regular Market Change Percent -4.54545
Regular Market Day High 1.5399
Regular Market Day Low 1.46
Regular Market Day Range 1.46 - 1.5399
Regular Market Open 1.5399
Regular Market Previous Close 1.54
Regular Market Price 1.47
Regular Market Time 1,783,972,801
Regular Market Volume 550,252
Return On Assets -0.32796
Revenue Growth 0.62
Revenue Per Share 0.383
Sand P52 Week Change 0.20365608
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 154,249,900
Shares Percent Shares Out 0.1684
Shares Short 25,975,163
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 27,872,603
Short Name Coherus Oncology, Inc.
Short Percent Of Float 0.1735
Short Ratio 26.68
Source Interval 15
State CA
Symbol CHRS
Target High Price 12.0
Target Low Price 4.0
Target Mean Price 7.8
Target Median Price 7.0
Total Cash 167,048,000
Total Cash Per Share 1.083
Total Debt 54,372,000
Total Revenue 46,883,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.42
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.615275
Two Hundred Day Average Change -0.145275
Two Hundred Day Average Change Percent -0.089938246
Type Disp Equity
Volume 550,252
Website https://www.coherus.com
Zip 94,065