Corbus Pharmaceuticals (CRBP) Stock Forecast, Price Target & Predictions


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CRBP Stock Forecast


Corbus Pharmaceuticals stock forecast is as follows: an average price target of $63.67 (represents a 284.48% upside from CRBP’s last price of $16.56) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.

CRBP Price Target


The average price target for Corbus Pharmaceuticals (CRBP) is $63.67 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $82.00 to $40.00. This represents a potential 284.48% upside from CRBP's last price of $16.56.

CRBP Analyst Ratings


Buy

According to 7 Wall Street analysts, Corbus Pharmaceuticals's rating consensus is 'Buy'. The analyst rating breakdown for CRBP stock is 0 'Strong Buy' (0.00%), 7 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Corbus Pharmaceuticals Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 21, 2024Jeff JonesOppenheimer$60.00$18.41225.91%262.32%
Sep 20, 2024Kalpit PatelB.Riley Financial$40.00$19.51105.02%141.55%
Sep 13, 2024Graig SuvannavejhMizuho Securities$74.00$51.5843.47%346.86%
Aug 07, 2024Jeff JonesOppenheimer$88.00$48.3082.19%431.40%
Jul 22, 2024Andres MaldonadoH.C. Wainwright$80.00$58.0037.93%383.09%
Jun 11, 2024Brian AbrahamsRBC Capital$82.00$43.8786.92%395.17%
Jun 03, 2024Jeff JonesOppenheimer$80.00$42.8086.92%383.09%
May 20, 2024Brian AbrahamsRBC Capital$77.00$45.0071.11%364.98%
Mar 06, 2024Maury RaycroftJefferies$46.00$33.5836.99%177.78%
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The latest Corbus Pharmaceuticals stock forecast, released on Oct 21, 2024 by Jeff Jones from Oppenheimer, set a price target of $60.00, which represents a 225.91% increase from the stock price at the time of the forecast ($18.41), and a 262.32% increase from CRBP last price ($16.56).

Corbus Pharmaceuticals Price Target by Period


1M3M12M
# Anlaysts139
Avg Price Target$60.00$58.00$69.67
Last Closing Price$16.56$16.56$16.56
Upside/Downside262.32%250.24%320.71%

In the current month, the average price target of Corbus Pharmaceuticals stock is $60.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 262.32% increase as opposed to Corbus Pharmaceuticals's last price of $16.56. This month's average price target is up 3.45% compared to last quarter, and down -13.88% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 21, 2024OppenheimerOutperformOutperformHold
Sep 23, 2024OppenheimerBuyBuyHold
Sep 23, 2024H.C. WainwrightBuyBuyHold
Sep 20, 2024B. Riley SecuritiesBuyBuyHold
Sep 20, 2024WedbushOutperformOutperformHold
Sep 20, 2024B. RileyBuyBuyHold
Sep 20, 2024OppenheimerOutperformOutperformHold
Aug 07, 2024OppenheimerOutperformOutperformHold
Jul 29, 2024Wedbush-OutperformInitialise
Jun 25, 2024B. Riley-BuyInitialise
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Corbus Pharmaceuticals's last stock rating was published by Oppenheimer on Oct 21, 2024. The company gave CRBP a "Outperform" rating, the same as its previous rate.

Corbus Pharmaceuticals Financial Forecast


Corbus Pharmaceuticals Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 16Sep 15
Revenue-------------$-233.88K$97.32K$136.56K$647.82K$658.20K$1.23M$286.35K$1.76M$2.57M$2.59M$29.09M$1.89M$950.44K$1.29M$396.60K$170.45K
Avg Forecast-----------$200.00K$150.00K$347.50K$978.00K$885.50K$952.00K$1.49M$3.24M$3.39M$2.41M$3.69M$1.84M$12.50M$2.73M$633.63K$1.29M$396.60K$227.27K
High Forecast-----------$200.00K$150.00K$347.50K$978.00K$885.50K$952.00K$1.49M$3.24M$3.39M$2.41M$3.69M$1.84M$12.50M$2.73M$760.35K$1.55M$475.92K$272.73K
Low Forecast-----------$200.00K$150.00K$347.50K$978.00K$885.50K$952.00K$1.49M$3.24M$3.39M$2.41M$3.69M$1.84M$12.50M$2.73M$506.90K$1.03M$317.28K$181.82K
# Analysts-----------781388913889127781681611
Surprise %--------------0.67%0.10%0.15%0.68%0.44%0.38%0.08%0.73%0.70%1.41%2.33%0.69%1.50%1.00%1.00%0.75%

Corbus Pharmaceuticals's average Quarter revenue forecast for Mar 22 based on 8 analysts is $150.00K, with a low forecast of $150.00K, and a high forecast of $150.00K. CRBP's average Quarter revenue forecast represents a -164.14% decrease compared to the company's last Quarter revenue of $-233.88K (Dec 21).

Corbus Pharmaceuticals EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 16Sep 15
# Analysts-----------781388913889127781681611
EBITDA-----------$-1.76M$-7.88M$-12.09M$-1.76M$-16.72M$-15.64M$-8.18M$-34.10M$-37.64M$-29.20M$-26.18M$-20.51M$2.45M$-25.99M$-11.61M$-7.43M$-2.87M$-2.24M
Avg Forecast-----------$-40.00K$-7.88M$-69.50K$-195.60K$-177.10K$-16.68M$-298.08K$-647.44K$-678.17K$-27.01M$-737.08K$-367.64K$-2.50M$-11.65M$-6.39M$-7.43M$-2.87M$-2.80M
High Forecast-----------$-40.00K$-6.30M$-69.50K$-195.60K$-177.10K$-13.35M$-298.08K$-647.44K$-678.17K$-21.61M$-737.08K$-367.64K$-2.50M$-9.32M$-5.11M$-5.95M$-2.29M$-2.24M
Low Forecast-----------$-40.00K$-9.46M$-69.50K$-195.60K$-177.10K$-20.02M$-298.08K$-647.44K$-678.17K$-32.41M$-737.08K$-367.64K$-2.50M$-13.98M$-7.66M$-8.92M$-3.44M$-3.36M
Surprise %-----------44.00%1.00%173.98%8.99%94.40%0.94%27.45%52.66%55.51%1.08%35.51%55.78%-0.98%2.23%1.82%1.00%1.00%0.80%

7 analysts predict CRBP's average Quarter EBITDA for Sep 19 to be $-367.64K, with a high of $-367.64K and a low of $-367.64K. This is -114.99% lower than Corbus Pharmaceuticals's previous annual EBITDA (Jun 19) of $2.45M.

Corbus Pharmaceuticals Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 16Sep 15
# Analysts-----------781388913889127781681611
Net Income-----------$-24.86M$-11.08M$-12.35M$-2.18M$-17.14M$-16.07M$-8.61M$-34.90M$-38.11M$-29.66M$-26.58M$-20.79M$2.15M$-26.23M$-11.70M$-7.47M$-2.89M$-2.25M
Avg Forecast$-20.43M$-17.87M$-15.60M$-13.58M$-22.89M$-21.30M$-19.91M$-18.83M$-14.90M$-11.44M$-13.13M$-19.90M$-9.44M$-37.30M$-38.13M$-39.13M$-17.14M$-83.56M$-134.63M$-124.35M$-27.43M$-118.71M$-126.67M$-54.71M$-11.76M$-6.43M$-7.47M$-2.89M$-2.82M
High Forecast$-20.43M$-17.87M$-15.60M$-13.58M$-22.89M$-21.30M$-19.91M$-9.24M$-11.60M$-11.44M$-13.13M$-19.90M$-7.55M$-37.30M$-38.13M$-39.13M$-13.71M$-83.56M$-134.63M$-124.35M$-21.95M$-118.71M$-126.67M$-54.71M$-9.41M$-5.15M$-5.97M$-2.31M$-2.25M
Low Forecast$-20.43M$-17.87M$-15.60M$-13.58M$-22.89M$-21.30M$-19.91M$-35.39M$-17.29M$-11.44M$-13.13M$-19.90M$-11.32M$-37.30M$-38.13M$-39.13M$-20.56M$-83.56M$-134.63M$-124.35M$-32.92M$-118.71M$-126.67M$-54.71M$-14.11M$-7.72M$-8.96M$-3.47M$-3.38M
Surprise %-----------1.25%1.17%0.33%0.06%0.44%0.94%0.10%0.26%0.31%1.08%0.22%0.16%-0.04%2.23%1.82%1.00%1.00%0.80%

Corbus Pharmaceuticals's average Quarter net income forecast for Sep 19 is $-126.67M, with a range of $-126.67M to $-126.67M. CRBP's average Quarter net income forecast represents a -5984.37% decrease compared to the company's last Quarter net income of $2.15M (Jun 19).

Corbus Pharmaceuticals SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 16Sep 15
# Analysts-----------781388913889127781681611
SG&A-----------$4.84M$5.23M$4.23M$5.28M$5.57M$5.34M$5.36M$7.68M$7.74M$7.70M$6.28M$5.53M$5.21M$6.62M$3.05M$2.38M$1.11M$790.58K
Avg Forecast-----------$1.32M$991.61K$2.30M$6.47M$5.85M$6.29M$9.85M$21.40M$22.42M$15.94M$24.36M$12.15M$82.67M$18.06M$4.19M$8.55M$2.62M$1.50M
High Forecast-----------$1.32M$991.61K$2.30M$6.47M$5.85M$6.29M$9.85M$21.40M$22.42M$15.94M$24.36M$12.15M$82.67M$18.06M$5.03M$10.26M$3.15M$1.80M
Low Forecast-----------$1.32M$991.61K$2.30M$6.47M$5.85M$6.29M$9.85M$21.40M$22.42M$15.94M$24.36M$12.15M$82.67M$18.06M$3.35M$6.84M$2.10M$1.20M
Surprise %-----------3.66%5.28%1.84%0.82%0.95%0.85%0.54%0.36%0.35%0.48%0.26%0.46%0.06%0.37%0.73%0.28%0.42%0.53%

Corbus Pharmaceuticals's average Quarter SG&A projection for Jun 24 is -, based on 0 Wall Street analysts, with a range of - to -. The forecast indicates a -100.00% fall compared to CRBP last annual SG&A of $4.84M (Jun 22).

Corbus Pharmaceuticals EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 16Sep 15
# Analysts-----------781388913889127781681611
EPS-----------$-5.95$-2.66$-2.96$-0.52$-4.42$-4.14$-2.96$-12.79$-15.47$-12.84$-12.33$-9.65$0.94$-12.76$-6.22$-4.83$-2.31$-1.94
Avg Forecast$-1.70$-1.49$-1.30$-1.13$-1.91$-1.77$-1.66$-1.57$-1.24$-0.95$-1.19$-1.80$-2.55$-3.38$-3.45$-3.54$-4.50$-7.56$-12.18$-11.25$-12.05$-10.74$-11.46$-4.95$-8.40$-0.08$-0.16$-0.08$-0.10
High Forecast$-1.70$-1.49$-1.30$-1.13$-1.91$-1.77$-1.66$-0.77$-0.97$-0.95$-1.19$-1.80$-2.55$-3.38$-3.45$-3.54$-4.50$-7.56$-12.18$-11.25$-12.05$-10.74$-11.46$-4.95$-8.40$-0.06$-0.13$-0.06$-0.08
Low Forecast$-1.70$-1.49$-1.30$-1.13$-1.91$-1.77$-1.66$-2.95$-1.44$-0.95$-1.19$-1.80$-2.55$-3.38$-3.45$-3.54$-4.50$-7.56$-12.18$-11.25$-12.05$-10.74$-11.46$-4.95$-8.40$-0.09$-0.19$-0.10$-0.12
Surprise %-----------3.31%1.04%0.88%0.15%1.25%0.92%0.39%1.05%1.38%1.07%1.15%0.84%-0.19%1.52%77.81%30.18%28.84%19.45%

According to 7 Wall Street analysts, Corbus Pharmaceuticals's projected average Quarter EPS for Sep 19 is $-11.46, with a low estimate of $-11.46 and a high estimate of $-11.46. This represents a -1315.78% decrease compared to CRBP previous annual EPS of $0.94 (Jun 19).

Corbus Pharmaceuticals Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ELEVElevation Oncology$0.58$9.001451.72%Buy
XFORX4 Pharmaceuticals$0.37$3.67891.89%Buy
SPROSpero Therapeutics$1.16$10.00762.07%Buy
ANTXAN2 Therapeutics$1.06$8.75725.47%Buy
CTMXCytomX Therapeutics$0.89$5.73543.82%Buy
LIFEaTyr Pharma$1.90$11.00478.95%Buy
KODKodiak Sciences$5.64$31.60460.28%Buy
INZYInozyme Pharma$2.81$14.67422.06%Buy
CUECue Biopharma$1.08$4.33300.93%Buy
CRBPCorbus Pharmaceuticals$16.56$63.67284.48%Buy
BCABBioAtla$1.50$5.00233.33%Buy
ZURAZura Bio$3.15$10.00217.46%Buy
ABOSAcumen Pharmaceuticals$2.39$7.00192.89%Buy
DAWNDay One Biopharmaceuticals$13.52$38.80186.98%Buy
TRVITrevi Therapeutics$3.00$8.00166.67%Buy
AFMDAffimed$3.00$7.50150.00%Buy
ADVMAdverum Bio$6.25$15.00140.00%Buy
ASMBAssembly Biosciences$15.34$35.50131.42%Buy
NXTCNextCure$1.31$3.00129.01%Buy
MREOMereo BioPharma Group$3.49$6.7593.41%Buy
GLMDGalmed Pharmaceuticals$3.00$5.0066.67%Buy
VECTVectivBio$16.87$18.006.70%Buy

CRBP Forecast FAQ


Is Corbus Pharmaceuticals a good buy?

Yes, according to 7 Wall Street analysts, Corbus Pharmaceuticals (CRBP) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 100.00% of CRBP's total ratings.

What is CRBP's price target?

Corbus Pharmaceuticals (CRBP) average price target is $63.67 with a range of $40 to $82, implying a 284.48% from its last price of $16.56. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Corbus Pharmaceuticals stock go up soon?

According to Wall Street analysts' prediction for CRBP stock, the company can go up by 284.48% (from the last price of $16.56 to the average price target of $63.67), up by 395.17% based on the highest stock price target, and up by 141.55% based on the lowest stock price target.

Can Corbus Pharmaceuticals stock reach $20?

CRBP's average twelve months analyst stock price target of $63.67 supports the claim that Corbus Pharmaceuticals can reach $20 in the near future.

What is Corbus Pharmaceuticals's current price target trend?

1 Wall Street analyst forecast a $60 price target for Corbus Pharmaceuticals (CRBP) this month, up 262.32% from its last price of $16.56. Compared to the last 3 and 12 months, the average price target increased by 250.24% and increased by 320.71%, respectively.

What are Corbus Pharmaceuticals's analysts' financial forecasts?

Corbus Pharmaceuticals's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $0 (high $0, low $0), average EBITDA is $0 (high $0, low $0), average net income is $-82.931M (high $-73.335M, low $-99.485M), average SG&A $0 (high $0, low $0), and average EPS is $-6.902 (high $-6.104, low $-8.28). CRBP's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $0 (high $0, low $0), average EBITDA is $0 (high $0, low $0), average net income is $-67.469M (high $-67.469M, low $-67.469M), average SG&A $0 (high $0, low $0), and average EPS is $-5.615 (high $-5.615, low $-5.615).

Did the CRBP's actual financial results beat the analysts' financial forecasts?

Based on Corbus Pharmaceuticals's last annual report (Dec 2021), the company's revenue was $881.7K, which missed the average analysts forecast of $3.16M by -72.12%. Apple's EBITDA was $-56.268M, beating the average prediction of $-17.126M by 228.56%. The company's net income was $-35.204M, missing the average estimation of $-132M by -73.27%. Apple's SG&A was $20.43M, missing the average forecast of $20.91M by -2.32%. Lastly, the company's EPS was $-8.59, missing the average prediction of $-14.865 by -42.21%. In terms of the last quarterly report (Dec 2021), Corbus Pharmaceuticals's revenue was $-234K, missing the average analysts' forecast of $347.5K by -167.30%. The company's EBITDA was $-12.091M, beating the average prediction of $-69.499K by 17297.69%. Corbus Pharmaceuticals's net income was $-12.354M, missing the average estimation of $-37.305M by -66.88%. The company's SG&A was $4.23M, beating the average forecast of $2.3M by 84.34%. Lastly, the company's EPS was $-2.96, missing the average prediction of $-3.375 by -12.30%