Merus N.V.

Equities

MRUS

NL0011606264

Biotechnology & Medical Research

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
45.04 ^USD	+0.24%		+13.14%	+63.78%

Apr. 19	Gilead Sciences Likely to Record IPR&D Hit on Q1 Non-GAAP Earnings, Oppenheimer Says	MT
Mar. 28	Truist Securities Initiates Coverage on Merus With Buy Rating, $69 Price Target	MT

Merus N.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

November 02, 2023 at 04:06 pm EDT

Merus N.V. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 11.03 million compared to USD 6.58 million a year ago. Net loss was USD 23.01 million compared to USD 24.62 million a year ago. Basic loss per share from continuing operations was USD 0.43 compared to USD 0.53 a year ago.
For the nine months, revenue was USD 35.01 million compared to USD 30.92 million a year ago. Net loss was USD 94.79 million compared to USD 49.22 million a year ago. Basic loss per share from continuing operations was USD 1.91 compared to USD 1.11 a year ago.

Latest news about Merus N.V.

Gilead Sciences Likely to Record IPR&D Hit on Q1 Non-GAAP Earnings, Oppenheimer Says	Apr. 19	MT
Truist Securities Initiates Coverage on Merus With Buy Rating, $69 Price Target	Mar. 28	MT
Needham Raises Price Target on Merus to $66 From $65, Maintains Buy Rating	Mar. 07	MT
Gilead Sciences, Merus Collaborate to Discover New Potential Cancer Therapies	Mar. 06	MT
Gilead, Merus to Collaborate on Trispecific Antibody Research	Mar. 06	DJ
Gilead Sciences, Inc. and Merus N.V. Announce Collaboration to Discover Novel Antibody-Based Trispecific T-Cell Engagers	Mar. 06	CI
Merus N.V. announced that it has received $25.000035 million in funding from Gilead Sciences, Inc.	Mar. 04	CI
Needham Raises Price Target on Merus to $65 From $42, Keeps Buy Rating	Mar. 04	MT
Merus Full-Year 2023 Net Loss Widens, Revenue Increases	Feb. 28	MT
Earnings Flash (MRUS) MERUS N.V. Posts 2023 Revenue $43.95M	Feb. 28	MT
Merus N.V. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 28	CI
Merus Power Lands EUR15 Million Order for Battery Energy Storage System	Feb. 14	MT
Earnings Flash (MRUS) MERUS N.V. Reports Q3 Revenue $11M	Nov. 02	MT
Merus N.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 02	CI
Stifel Adjusts Merus' Price Target to $40 From $45, Maintains Buy Rating	23-10-24	MT
Merus Says Interim Data Show Zenocutuzumab Demonstrates 'Robust and Durable' Responses in Cancer Patients	23-10-23	MT
Merus N.V. Announces Interim Data Continues to Demonstrate Robust and Durable Responses in NRG1+ Cancer	23-10-23	CI
Certain Options of Merus N.V. are subject to a Lock-Up Agreement Ending on 9-OCT-2023.	23-10-08	CI
Certain Restricted Share Units of Merus N.V. are subject to a Lock-Up Agreement Ending on 9-OCT-2023.	23-10-08	CI
Certain Common Shares of Merus N.V. are subject to a Lock-Up Agreement Ending on 9-OCT-2023.	23-10-08	CI
TD Cowen Starts Merus With Outperform Rating	23-08-21	MT
Citigroup Adjusts Merus' Price Target to $46 From $48, Keeps Buy Rating	23-08-10	MT
Merus Prices $150 Million Common Stock Offering	23-08-10	MT
Merus Prices $150 Million Public Offering of Shares	23-08-10	MT
Stifel Adjusts Price Target on Merus to $45 From $44, Maintains Buy Rating	23-08-08	MT

Chart Merus N.V.

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Company Profile

Merus NV is the Netherlands - based biotechnology company, concentrated on developing differentiating therapeutics for cancer patients. The product programs in the Merus pipeline are based on the Multiclonics format. Its products are designed to bind to multiple targets, and are manufactured with features for anti-cancer effects against the complex mechanisms that drive cancer. Company's products engage cancer antigens and harness the power of the immune system to kill tumor cells by utilizing technology platform. One of the drug zenocutuzumab (Zeno), a Biclonics antibody, concentrates on helping patients with lung, pancreatic and other types of solid tumors. The company operates in the Netherlands and United States.

Sector

Biotechnology & Medical Research

Calendar

2024-05-05 - Q1 2024 Earnings Release (Projected)

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Ratings for Merus N.V.

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

45.04 USD

Average target price

60.45 USD

Spread / Average Target

+34.22%

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Company calendar

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Bio Therapeutic Drugs