In the latest trading session, 2.3 million Geron Corp (NASDAQ:GERN) shares changed hands as the company’s beta touched 0.49. With the company’s most recent per share price at $2.36 changed hands at -$0.03 or -1.13% at last look, the market valuation stands at $1.43B. GERN’s current price is a discount, trading about -126.27% off its 52-week high of $5.34. The share price had its 52-week low at $1.64, which suggests the last value was 30.51% up since then.
Analysts gave the Geron Corp (GERN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.11. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended GERN as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Geron Corp’s EPS for the current quarter is expected to be -0.05.
Geron Corp (NASDAQ:GERN) trade information
Instantly GERN was in red as seen in intraday trades today. With action -10.16%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -33.25%, with the 5-day performance at -10.16% in the red. However, in the 30-day time frame, Geron Corp (NASDAQ:GERN) is -21.50% down.
The consensus price target for the stock as assigned by Wall Street analysts is 7, meaning bulls need an upside of 66.29% from its recent market value. According to analyst projections, GERN’s forecast low is 5.5 with 8 as the target high. To hit the forecast high, the stock’s price needs a -238.98% plunge from its current level, while the stock would need to soar -133.05% for it to hit the projected low.
Geron Corp (GERN) estimates and forecasts
Year-over-year growth is forecast to reach 31,348.00% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 45.29M. 5 analysts are of the opinion that Geron Corp’s revenue for the current quarter will be 55.63M. The company’s revenue for the corresponding quarters a year ago was 23k and 304k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 196,802.17%. The estimates for the next quarter sales put growth at 18,199.47%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -16.08%. The 2025 estimates are for Geron Corp earnings to increase by 21.15%.
Geron Corp (NASDAQ:GERN)’s Major holders
RA CAPITAL MANAGEMENT, L.P. holds the second largest percentage of outstanding shares, with 7.0656% or 46.2 million shares worth $195.9 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. With 17.84 shares estimated at $42.01 million under it, the former controlled 2.95% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.69% of the shares, roughly 16.29 shares worth around $38.36 million.
