Corbus PharmaceuticalsCRBP
About: Corbus Pharmaceuticals Holdings Inc is a precision oncology company with a diversified portfolio and is committed to helping people defeat serious illness by bringing scientific approaches to well-understood biological pathways. The company's development pipeline includes; CRB-701, a next-generation antibody-drug conjugate (ADC) that targets the expression of Nectin-4 on cancer cells to release a cytotoxic payload, CRB-601, an anti-integrin monoclonal antibody that blocks the activation of TGF expressed on cancer cells, and CRB-913 a second-generation peripherally restricted CB1 receptor inverse agonist designed to treat obesity.
Employees: 19
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
156% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 16
100% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 6 (+3) [Q2]
42% more capital invested
Capital invested by funds: $341M [Q1] → $486M (+$145M) [Q2]
30% more funds holding
Funds holding: 82 [Q1] → 107 (+25) [Q2]
17.64% more ownership
Funds ownership: 82.95% [Q1] → 100.59% (+17.64%) [Q2]
4% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 24
22% less call options, than puts
Call options by funds: $1.19M | Put options by funds: $1.52M
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
HC Wainwright & Co. Andrew Fein 49% 1-year accuracy 62 / 126 met price target | 354%upside $80 | Buy Reiterated | 23 Sept 2024 |
B. Riley Securities Kalpit Patel 75% 1-year accuracy 6 / 8 met price target | 127%upside $40 | Buy Maintained | 20 Sept 2024 |
Wedbush Robert Driscoll 53% 1-year accuracy 26 / 49 met price target | 189%upside $51 | Outperform Maintained | 20 Sept 2024 |
Mizuho Graig Suvannavejh 59% 1-year accuracy 17 / 29 met price target | 320%upside $74 | Outperform Reiterated | 20 Sept 2024 |
RBC Capital Brian Abrahams 56% 1-year accuracy 38 / 68 met price target | 365%upside $82 | Outperform Reiterated | 20 Sept 2024 |
Financial journalist opinion
Based on 4 articles about CRBP published over the past 30 days