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CHRS · Coherus Oncology, Inc.

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$0.53 -0.01 (-2.41%) At close · Nov 13
Market Cap
$81.21M
Shares
154.54M
Volume · Nov 13 4.31M Avg daily vol (3M) 1.69M

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$0.53 Open$0.53 Day$0.50–0.54 52W close$0.53–2.51 Avg vol 30d2.1M Short int12.7M · 8.2% of shares · 8.2d Short vol66% Last earningsNov 9, 2026 DataJan 2020–Nov 2026 Filing10-Q · Nov 9

Up next

Mar 8, 2027 Est · unconfirmed · in 16 wks

Latest documents

2026
Nov 9
Earnings call
Esophageal focus drives 30% headcount cut and cost savings

Coherus Oncology, Inc. is prioritizing esophageal cancer, cutting headcount approximately 30% from about 140 to 100 FTEs and expecting $6 to $7 million per quarter in savings; cash runway remains less than 12 months.

5 source passages
Welcome to the Q3 2026 Coherest Oncology Inc. Earnings Conference Call. The emerging data from this very systematic clinical investigation demonstrated that esophageal cancer comprises a best-in-disease opportunity across first and second lines of therapy. Once implemented, we expect a sustainable reduction in recurring costs of $6 to $7 million per quarter on average and expect to achieve most of this rate of savings within two quarters. These savings will come primarily from an approximately 30% reduction in headcount from about 140 to 100 FTEs, which will take place this month. Without considering the potential benefit of the cost reductions, the payment of the milestone, or proceeds from ex-US deals, our cash runway is less than 12 months from the date of the 10-Q we filed today. Open the document at this passage
Nov 9
Quarterly report 10-Q FY2026 Q3, ended Sep 30
Going-concern doubt persists with $83.6 million in liquidity

Coherus Oncology reported $83.6 million in cash and marketable securities as of September 30, 2026. Management concluded substantial doubt about the company's ability to continue as a going concern remained, citing expected operating losses, negative cash flows and additional funding needs.

Revenue $14.27M ▲ 23.4% Net loss $39.33M Diluted EPS -$0.25
Read from the MD&A section
2 source passages
As of September 30, 2026, we had cash, cash equivalents and marketable securities that totaled $83.6 million and an accumulated deficit of $1.5 billion. After considering these plans and the guidance within ASC 205-40, we concluded that substantial doubt about our ability to continue as a going concern had not been alleviated for the one-year period following the issuance of these condensed consolidated financial statements. Open the document at this passage
Nov 9
Current report 8-K
Esophageal cancer prioritized as headcount cut ~30%

Coherus Oncology prioritized tagmokitug/toripalimab development for esophageal cancer, reduced headcount by ~30%, and reported Q3 2026 LOQTORZI net revenue of $14.0 million. Q3 net loss from continuing operations was $38.9 million, or $(0.25) per diluted share.

Financial results
4 source passages
Right-sizing reduces headcount by ~30%, aligning organization with forward-focused needs As part of the strategic prioritization plan, Coherus will focus near-term tagmokitug development on esophageal cancer and deprioritize the other tagmokitug-toripalimab cohorts presented during our October 28, 2026, data release. LOQTORZI revenue for Q3 2026 was $14.0 million, a 25% increase over $11.2 million in Q3 2025, and a 3% increase versus $13.6 million in Q2 2026. Net loss from continuing operations for the third quarter of 2026 was $38.9 million, or $(0.25) per share on a diluted basis, compared to $44.5 million, or $(0.38) per share on a diluted basis, for the same period in 2025. Open the document at this passage
Oct 29
Current report 8-K Events of Oct 28
Regulation FD disclosure, Other events

On October 28, 2026, Coherus Oncology reported tagmokitug plus toripalimab and chemotherapy achieved 75% confirmed overall response rate in first-line ESCC, rising to 89% after the data cutoff; enrollment expansion is planned.

All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$53.64M
Trailing 12 months
Net income (TTM)
−$135.94M
Trailing 12 months
Revenue growth YoY
+23.4%
Year over year
Operating margin
-275.9%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+33.3%
Year over year · more shares
Price change (1Y)
-58.3%
Trailing year
Short interest
8.2%
Latest settlement · 8.2 days to cover
View all 125 metrics

AI Brief

Q2 FY26 earnings call · Aug 5, 2026
Q2 FY26

TL;DR. Coherus Oncology reported Q2 2026 LOQTORZI net revenue of $13.6M (up 15% sequentially) with rebounded demand and the highest new patient starts since launch, while reiterating full-year LOQTORZI revenue guidance of $57–$62M; clinical enrollment completed in HNSCC, CRC and HCC studies with emerging tagmokitug activity expected to be disclosed in October; however, $37.5M Udenica earnout milestones were not achieved in Q2 and net loss from continuing operations was $33.3M with cash declining to $105.3M.

Bullish
  • + LOQTORZI Q2 net revenue grew 15% sequentially to $13.6M with rebounded demand and highest new patient starts since launch
  • + R&D and SG&A expenses declined year-over-year, extending six consecutive quarters of declining SG&A
  • + Enrollment completed across multiple pipeline studies (HNSCC, CRC, HCC) with initial data readouts expected in 2H 2026 including October disclosure
  • + Management stated cash and investments sufficient to fund operations through key 2026 and 2027 data readouts
Bearish
  • − $37.5M Udenica divestiture earnout milestones were not achieved in Q2
  • − Emerging tagmokitug HNSCC data is preliminary, based on small subsets and not yet formally cleaned, subject to change
  • − Casdozokitug HCC Phase 2 data maturation delayed to Q4 2026 with only ~50 of 72 patients having had three scans

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Strong Sell
SellHoldBuy
Technical Strong Sell Momentum Very Weak Sentiment Bearish Fundamentals Weak Quant / Vol Very High
Market backdrop VIX 19.3 · elevated Equity put/call 0.63
Technical
price trend
Strong Sell
50 / 200-day cross No cross
Price vs 200-day avg −64%
below
Price vs 50-day avg −50%
below
RSI (14) 28
oversold
MACD trend Negative
52-week position 0%
near low
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Very Weak
1-month return −47%
trailing
6-month return −68%
trailing
YTD return −63%
this year
Relative strength −68%
vs S&P · 6-mo
Sentiment
smart money
Bearish
Trend (MA cross) No cross
50d $1 › 200d $1 — 200d above 50d
Institutional flow Distributing
123 of 146 funds reported for Sep 30 · net -1.6M sh shares · +16 new
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
8.23% of shares out · ▲ +2.1% MoM · 8.2 days cover
Volume signal Reversal watch
High volume on a down day — possible exhaustion
Institution breadth Steady
146 holders — mid 3-yr range
Squeeze score 66
elevated · 0–100
Fundamentals
Weak
Revenue growth −100%
Y/Y
EPS growth +472%
Y/Y
Free cash flow $-138.8M
Quant / Vol
risk profile
Very High
Volatility 88%
annualized · 1-yr
Max drawdown −79%
past year
ATR 17.4%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Latest guidance · from the Earnings Call filed Aug 5, 2026
full year of 2026
Combined OpEx $170M – $175M
full year 2026
Locturzi revenue $57M – $62M
Previous outlook earlier release · from the Earnings Call filed May 11, 2026

Still-open targets the latest release did not restate under the same label.

Loctorzi demand growth · 2026 quarters 10% – 15%
Loctorzi net revenues · sometime in 2026 $15M
Loctorzi net revenues · sometime in 2028 $44M

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Strong Sell
4 · 3 · 0
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
−64% Bearish
Price vs 50-day avg
−50% Bearish
RSI (14)
28 Neutral
MACD trend
Negative Bearish
52-week position
0% Bearish
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Bearish · 2 of 6
Trend (MA cross) No cross
50d $1 › 200d $1 — 200d above 50d
Institutional flow Distributing
123 of 146 funds reported for Sep 30 · net -1.6M sh shares · +16 new
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
8.23% of shares out · ▲ +2.1% MoM · 8.2 days cover
Volume signal Reversal watch
High volume on a down day — possible exhaustion
Institution breadth Steady
146 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $1 Now $1 · 0% Range high $3
vs 200-day avg -64% vs 50-day avg -50%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

Versus peers

Biotechnology — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
CHRS
Coherus Oncology, Inc.
this stock
$81.21M -63.0% -100.0% — 8.2%
VRTX
Vertex Pharmaceuticals Inc
$136.56B +18.8% +46.2% 34.7 1.9%
REGN
Regeneron Pharmaceuticals, Inc.
$98.84B +23.8% +20.8% 21.1 2.1%
MRNA
Moderna, Inc.
$90.38B +657.4% +4.3% — 8.2%
CSLLY
Csl Ltd
$66.05B — — — 0.0%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Reducing
Holders
139
% held
44.6%
Reported
123 of 146
Top holder
Timothy G. Youngquist 202…
Held Float
View
Held by Funds
Fund positions
126
View
Short & Settlement
Short Interest Rising
Shares short
12.7M
Days to cover
8.2d
Change
+260.7K sh
View
Short Volume
Short vol %
66%
As of
Nov 13, 2026
Short Total
View
Fails to Deliver
FTD shares
9.8K
Value
$10.4K
As of
Oct 14, 2026
View
Off-Exchange
Off-exchange %
51.6%
Week of
Oct 5, 2026
Off-exch Lit
View
Smart Money
Congressional Trades Sell
Member
Shri Thanedar
Amount
$15.0K–$50.0K
Traded
Jan 23, 2023
View
Financials
Financials
Revenue (FY)
$0
Net income (FY)
$168.0M
EPS diluted
$1.43
View
Filings
SEC Filings
Latest
10-Q
Filed
Nov 9, 2026
This year
27

Coherus Oncology reported $83.6 million in cash and marketable securities as of September 30, 2026. Management concluded substantial doubt about the company's ability to continue as a going concern remained, citing expected operating losses, negative cash flows and additional funding needs.

View
Proposed Sales
Value
$449.8K
Shares
223.1K
Filed
Nov 22, 2023
View
Earnings & Events
Webcasts Upcoming
Next webcast
Nov 16, 2026
Last webcast
Nov 10, 2026
View
Investor Relations
Latest news
Coherus Oncology Announces Compel…
Published
Oct 28, 2026
Upcoming events
2
View

Performance

5D 20D 120D MTD YTD
CHRS -31.8% -46.9% -68.0% -36.7% -63.0%
SPY +2.6% -1.2% +0.5% -0.2% +10.6%
vs SPY -34.3% -45.8% -68.5% -36.5% -73.6%
Key facts CIK 1512762 CUSIP 19249H103 13F (30d) 119 filings 91 filers Visit website Investor relations