MREO

Mereo BioPharma

2.76 USD
-0.02
0.72%
At close Jun 13, 4:00 PM EDT
After hours
2.76
+0.00
0.00%
1 day
-0.72%
5 days
-0.36%
1 month
18.97%
3 months
10.40%
6 months
-26.20%
Year to date
-19.30%
1 year
-30.83%
5 years
-4.17%
10 years
-57.54%
 

About: Mereo BioPharma Group PLC is a United Kingdom (U.K.) based biopharmaceutical company focused on the development of therapeutics for rare diseases. The company has developed a portfolio of late-stage clinical product candidates, and its two rare disease product candidates are setrusumab for the treatment of osteogenesis imperfecta (OI) and alvelestat primarily for the treatment of severe alpha-1 antitrypsin deficiency-associated lung disease (AATD-LD).

Employees: 36

0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

100% more call options, than puts

Call options by funds: $3.5M | Put options by funds: $1.75M

29% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 21

0.88% less ownership

Funds ownership: 14.85% [Q4 2024] → 13.97% (-0.88%) [Q1 2025]

7% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 14

1% less funds holding

Funds holding: 90 [Q4 2024] → 89 (-1) [Q1 2025]

38% less capital invested

Capital invested by funds: $403M [Q4 2024] → $250M (-$153M) [Q1 2025]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 1 (-1) [Q1 2025]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$7
154%
upside
Avg. target
$7
154%
upside
High target
$7
154%
upside

3 analyst ratings

positive
100%
neutral
0%
negative
0%
Needham
Gil Blum
154%upside
$7
Buy
Reiterated
13 May 2025
JP Morgan
Priyanka Grover
154%upside
$7
Overweight
Initiated
27 Mar 2025
Cantor Fitzgerald
Kristen Kluska
154%upside
$7
Overweight
Reiterated
18 Mar 2025

Financial journalist opinion

Neutral
GlobeNewsWire
1 month ago
Mereo BioPharma Reports First Quarter 2025 Financial Results and Provides Corporate Highlights
Progress continues in Phase 3 Orbit study of setrusumab in osteogenesis imperfecta (OI) Cash of $62.5 million as of March 31, 2025, expected to fund operations into 2027 LONDON, May 13, 2025 (GLOBE NEWSWIRE) -- Mereo BioPharma Group plc (NASDAQ: MREO) (“Mereo” or the “Company”), a clinical-stage biopharmaceutical company focused on rare diseases, today announced its financial results for the first quarter ended March 31, 2025, and provided recent corporate highlights. “As we close out the first quarter of 2025, we continue to anticipate that this will be an important, milestone-rich year for Mereo.
Mereo BioPharma Reports First Quarter 2025 Financial Results and Provides Corporate Highlights
Neutral
GlobeNewsWire
2 months ago
Mereo BioPharma Reports Full Year 2024 Financial Results and Provides Corporate Highlights
Orbit Phase 3 study of setrusumab in osteogenesis imperfecta progressing toward second interim analysis, expected mid-2025
Mereo BioPharma Reports Full Year 2024 Financial Results and Provides Corporate Highlights
Positive
Zacks Investment Research
2 months ago
MEREO BIOPHARMA (MREO) Upgraded to Buy: What Does It Mean for the Stock?
MEREO BIOPHARMA (MREO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
MEREO BIOPHARMA (MREO) Upgraded to Buy: What Does It Mean for the Stock?
Positive
MarketBeat
3 months ago
Hidden Gems: 5 Stocks Under $10 With Massive Growth Potential
Stocks priced under $10 present an attractive entry point into the market for investors seeking to maximize portfolio diversification and growth potential without a significant upfront capital outlay. These affordable equities allow investors to acquire a larger number of shares for a given investment and can yield substantial percentage gains.
Hidden Gems: 5 Stocks Under $10 With Massive Growth Potential
Neutral
GlobeNewsWire
3 months ago
Mereo BioPharma to Participate in Fireside Chat at the Leerink Partners Global Healthcare Conference
LONDON, March 05, 2025 (GLOBE NEWSWIRE) -- Mereo BioPharma Group plc (NASDAQ: MREO) (“Mereo” or the “Company”), a clinical-stage biopharmaceutical company focused on rare diseases, today announced that Dr. Denise Scots-Knight, Chief Executive Officer, will participate in a fireside chat at the Leerink Partners Global Healthcare Conference on Wednesday, March 12, 2025, at 8:40 am ET / 1:40 pm GMT.
Mereo BioPharma to Participate in Fireside Chat at the Leerink Partners Global Healthcare Conference
Neutral
GlobeNewsWire
5 months ago
Mereo BioPharma Provides Update on Lead Clinical Programs
Orbit Phase 3 study of setrusumab in osteogenesis imperfecta continuing to planned second interim analysis, expected in mid-2025
Mereo BioPharma Provides Update on Lead Clinical Programs
Neutral
GlobeNewsWire
5 months ago
Mereo BioPharma to Present at the 43rd Annual J.P. Morgan Healthcare Conference
LONDON, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Mereo BioPharma Group plc (NASDAQ: MREO) (“Mereo” or the “Company”), a clinical-stage biopharmaceutical company focused on rare diseases, today announced that Dr. Denise Scots-Knight, Chief Executive Officer, will present at the 43rd Annual J.P. Morgan Healthcare Conference on Thursday, January 16, 2025, at 8:15am PT / 04:15pm GMT.
Mereo BioPharma to Present at the 43rd Annual J.P. Morgan Healthcare Conference
Positive
Seeking Alpha
6 months ago
Mereo BioPharma: Setrusumab Chugs Along With Possible Inflection Points
Mereo BioPharma Group plc's setrusumab shows promise in treating osteogenesis imperfecta, with phase 3 studies fully enrolled and potential for multiple catalysts in 2025. Positive 14-month data from the phase 2/3 ORBIT study indicates a significant reduction in fracture rates, bolstering confidence in ongoing phase 3 trials. Financially stable with $87.4 million in cash, Mereo aims to secure a partner for Alvelestat's phase 3 trial, potentially boosting stock value.
Mereo BioPharma: Setrusumab Chugs Along With Possible Inflection Points
Neutral
GlobeNewsWire
6 months ago
Mereo BioPharma to Participate in Fireside Chat at the Jefferies London Healthcare Conference
LONDON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Mereo BioPharma Group plc (NASDAQ: MREO) (“Mereo” or the “Company”), a clinical-stage biopharmaceutical company focused on rare diseases, today announced that Dr. Denise Scots-Knight, Chief Executive Officer, will participate in a Fireside Chat at the Jefferies London Healthcare Conference on Tuesday, November 19, 2024, at 10:30am ET / 03:30pm GMT.
Mereo BioPharma to Participate in Fireside Chat at the Jefferies London Healthcare Conference
Neutral
GlobeNewsWire
7 months ago
Mereo BioPharma Reports Third Quarter 2024 Financial Results and Provides Corporate Update
Setrusumab receives Breakthrough Therapy designation from the FDA Cash of $80.5 million as of September 30, 2024, expected to fund operations into 2027 LONDON, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Mereo BioPharma Group plc (NASDAQ: MREO) (“Mereo” or the “Company”), a clinical-stage biopharmaceutical company focused on rare diseases, today announced its financial results for the third quarter ended September 30, 2024, and provided an update on recent corporate highlights. The Company reported cash and cash equivalents of $80.5 million as of September 30, 2024, which the Company believes will provide runway into 2027, through multiple key inflection points.
Mereo BioPharma Reports Third Quarter 2024 Financial Results and Provides Corporate Update
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