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Corvus Pharmaceuticals, Inc. (CRVS)

Healthcare | Biotechnology | South San Francisco, United States | NasdaqGM
14.71 USD -0.96 (-6.126%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 14.66 -0.05 (-0.050%) ⇩ (July 13, 2026, 7:59 p.m. EDT)

Short-term:★★★★☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:34 a.m. EDT

The immediate outlook is bullish due to a confluence of technical breakouts and heavy speculative positioning. The stock has rallied significantly over the last two weeks, approaching the $16 psychological barrier where options data reveals a dense wall of open interest and volume. This suggests smart money is betting on a catalyst to push the price higher. However, the long-term picture remains precarious; despite a recent surge in share price, the company has endured nearly a decade of cumulative losses and negative returns on equity. The balance sheet is technically clean with minimal debt, but the business burns cash, and the lack of dividends reflects its speculative nature. Investors should view this as a high-risk momentum play on a potential clinical or commercial milestone rather than a stable investment in a profitable enterprise.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.133069
AutoARIMA0.133435
MSTL_600.140024
MSTL0.149176
AutoTheta0.149543
MSTL_60_970.193227
MSTL_970.204568

Forecast horizon: 60 days | Selected: AutoETS

Forecast Reliability
Score 28%
H-stat 7.88
Ljung-Box p 0.000
Jarque-Bera p 0.073
Excess Kurtosis -1.44
Attribute Value
Sector Healthcare
Debt to Equity Ratio 0.347
Market Cap 1,236,970,112
Forward P/E -15.54
Beta 0.82
Website https://www.corvuspharma.com

As of July 11, 2026, 3:34 a.m. EDT: Speculators are aggressively positioning for a breakout above the $16 strike, evidenced by massive open interest walls and volume spikes in both calls and puts at that level. The implied volatility surface shows elevated premiums for out-of-the-money strikes, suggesting a binary event or catalyst is priced in. While put writers are active at lower strikes, the sheer density of call buying at the $16 barrier indicates a consensus expectation of a sharp upward move if the stock clears this technical resistance.


Info Dump

Attribute Value
52 Week Change 2.6022987
Address1 901 Gateway Boulevard
Address2 Third Floor
All Time High 26.95
All Time Low 0.607
Ask 18.85
Ask Size 2
Audit Risk 7
Average Daily Volume10 Day 1,714,810
Average Daily Volume3 Month 1,588,229
Average Volume 1,588,229
Average Volume10Days 1,714,810
Beta 0.817
Bid 10.98
Bid Size 2
Board Risk 8
Book Value 2.862
City South San Francisco
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 14.71
Current Ratio 19.814
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 15.585
Day Low 14.69
Debt To Equity 0.347
Display Name Corvus Pharmaceuticals
Earnings Call Timestamp End 1,773,347,400
Earnings Call Timestamp Start 1,773,347,400
Earnings Timestamp 1,778,184,000
Earnings Timestamp End 1,786,046,400
Earnings Timestamp Start 1,786,046,400
Ebitda -47,814,000
Ebitda Margins 0.0
Enterprise To Ebitda -20.937
Enterprise Value 1,001,090,112
Eps Current Year -0.71667
Eps Forward -0.94667
Eps Trailing Twelve Months -0.55
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 13.4767
Fifty Day Average Change 1.2333002
Fifty Day Average Change Percent 0.091513515
Fifty Two Week Change Percent 260.22986
Fifty Two Week High 26.95
Fifty Two Week High Change -12.240001
Fifty Two Week High Change Percent -0.4541744
Fifty Two Week Low 3.96
Fifty Two Week Low Change 10.75
Fifty Two Week Low Change Percent 2.7146463
Fifty Two Week Range 3.96 - 26.95
Financial Currency USD
First Trade Date Milliseconds 1,458,739,800,000
Float Shares 72,758,398
Forward Eps -0.94667
Forward P E -15.538678
Free Cashflow -22,572,750
Full Exchange Name NasdaqGM
Full Time Employees 37
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.03509
Held Percent Institutions 0.85555
Implied Shares Outstanding 84,090,424
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 Corvus Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, engages in the development of product candidates that precisely target proteins that are critical to immune cell maturation and function in the United States. The company's lead product candidate is soquelitinib (CPI-818), a selective covalent inhibitor of interleukin 2 inducible T cell kinase (ITK), which is in a multi-center Phase 1b/2 clinical trial for the treatment of peripheral T cell lymphoma, atopic dermatitis, hidradenitis suppurativa, autoimmune lymphoproliferative syndrome, and solid tumors monotherapy, and asthma, diseases. It also developing ciforadenant (CPI-444), an oral small molecule antagonist of the A2A receptor that is in Phase 2 clinical trial for the treatment of first line renal cell cancer; and mupadolimab (CPI-006), a humanized monoclonal antibody, which is in Phase 1 clinical trial for the treatment of non-small cell lung cancer. It has a license agreement with Monash University to research, develop, and commercialize certain antibodies directed to CXCR2 for the treatment of human diseases; and Vernalis (R&D) Limited to develop, manufacture, and commercialize products containing certain adenosine receptor antagonists, including ciforadenant, as well as license agreement with Scripps for the development and commercialization of mupadolimab. Corvus Pharmaceuticals, Inc. was incorporated in 2014 and is based in South San Francisco, California.
Long Name Corvus Pharmaceuticals, Inc.
Market us_market
Market Cap 1,236,970,112
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_279359732
Most Recent Quarter 1,774,915,200
Net Income To Common -44,168,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,317,696,944
Number Of Analyst Opinions 6
Open 15.28
Operating Cashflow -34,908,000
Operating Margins 0.0
Overall Risk 8
Payout Ratio 0.0
Phone 650 900 4520
Post Market Change -0.05000019
Post Market Change Percent -0.33990613
Post Market Price 14.66
Post Market Time 1,783,987,169
Previous Close 15.67
Price Eps Current Year -20.525486
Price Hint 2
Price To Book 5.1397624
Profit Margins 0.0
Quick Ratio 19.646
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.96
Regular Market Change Percent -6.12636
Regular Market Day High 15.585
Regular Market Day Low 14.69
Regular Market Day Range 14.69 - 15.585
Regular Market Open 15.28
Regular Market Previous Close 15.67
Regular Market Price 14.71
Regular Market Time 1,783,972,801
Regular Market Volume 1,453,074
Return On Assets -0.19162
Return On Equity -0.3046
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 84,090,424
Shares Percent Shares Out 0.22379999
Shares Short 18,819,891
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 17,324,311
Short Name Corvus Pharmaceuticals, Inc.
Short Percent Of Float 0.2544
Short Ratio 13.43
Source Interval 15
State CA
Symbol CRVS
Target High Price 42.0
Target Low Price 27.0
Target Mean Price 33.33333
Target Median Price 31.5
Total Cash 236,714,000
Total Cash Per Share 2.815
Total Debt 834,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.55
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 12.44285
Two Hundred Day Average Change 2.26715
Two Hundred Day Average Change Percent 0.18220504
Type Disp Equity
Volume 1,453,074
Website https://www.corvuspharma.com
Zip 94,080