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NASDAQ:CRVO

CervoMed (CRVO) Stock Price, News & Analysis

$19.73
-0.01 (-0.05%)
(As of 09:30 AM ET)
Today's Range
$19.73
$19.73
50-Day Range
$16.65
$25.93
52-Week Range
$4.14
$26.38
Volume
1,153 shs
Average Volume
26,205 shs
Market Capitalization
$121.73 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$57.50

CervoMed MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
191.3% Upside
$57.50 Price Target
Short Interest
Healthy
1.06% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.93mentions of CervoMed in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($1.13) to ($1.62) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.48 out of 5 stars

Medical Sector

702nd out of 918 stocks

Pharmaceutical Preparations Industry

329th out of 427 stocks

CRVO stock logo

About CervoMed Stock (NASDAQ:CRVO)

CervoMed Inc., a clinical-stage biotechnology company, engages in the development and commercialization of drug treatments for neurogenerative diseases. Its lead drug candidate is neflamapimod, an orally administered small molecule brain penetrant for the treatment of dementia with Lewy bodies (DLB), Alzheimer's diseases, frontotemporal dementia, and ischemic stroke recovery. The company also develops EIP200 for central nervous system which is in preclinical trials. CervoMed Inc. was founded in 2010 and is headquartered in Boston, Massachusetts.

CRVO Stock Price History

CRVO Stock News Headlines

CervoMed Appoints William Elder To Succeed William Tanner As CFO
CervoMed Inc.
CervoMed secures $50 million in private placement
See More Headlines
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Company Calendar

Last Earnings
5/14/2024
Today
5/21/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:CRVO
Previous Symbol
NASDAQ:CRVO
Employees
8
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$57.50
High Stock Price Target
$65.00
Low Stock Price Target
$50.00
Potential Upside/Downside
+191.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-2,170,000.00
Pretax Margin
-51.35%

Debt

Sales & Book Value

Annual Sales
$7.14 million
Book Value
$1.30 per share

Miscellaneous

Free Float
6,047,000
Market Cap
$121.80 million
Optionable
Not Optionable
Beta
1.50
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Key Executives

  • Dr. John J. Alam M.D. (Age 62)
    Co-Founder, CEO, President & Director
  • Dr. Sylvie L. Gregoire Pharm.D. (Age 63)
    Co-Founder & Director
  • Mr. William Robert Elder J.D. (Age 40)
    General Counsel, Corporate Secretary & Acting Principal Financial Officer
  • Dr. Robert J. Cobuzzi Jr. (Age 59)
    Ph.D., COO & Director
  • Dr. John William Tanner Ph.D. (Age 65)
    Chief Financial Officer (Leave of Absence)
  • Ms. Kelly Blackburn M.H.A. (Age 60)
    Senior Vice President of Clinical Development

CRVO Stock Analysis - Frequently Asked Questions

Should I buy or sell CervoMed stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CervoMed in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CRVO shares.
View CRVO analyst ratings
or view top-rated stocks.

What is CervoMed's stock price target for 2024?

2 Wall Street research analysts have issued 12 month price objectives for CervoMed's stock. Their CRVO share price targets range from $50.00 to $65.00. On average, they expect the company's stock price to reach $57.50 in the next twelve months. This suggests a possible upside of 191.3% from the stock's current price.
View analysts price targets for CRVO
or view top-rated stocks among Wall Street analysts.

How have CRVO shares performed in 2024?

CervoMed's stock was trading at $7.63 at the beginning of the year. Since then, CRVO shares have increased by 158.7% and is now trading at $19.74.
View the best growth stocks for 2024 here
.

When is CervoMed's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our CRVO earnings forecast
.

How were CervoMed's earnings last quarter?

CervoMed Inc. (NASDAQ:CRVO) issued its quarterly earnings results on Tuesday, May, 14th. The company reported ($0.41) earnings per share for the quarter, topping analysts' consensus estimates of ($0.46) by $0.05. The business earned $2.35 million during the quarter, compared to the consensus estimate of $2 million.

Who are CervoMed's major shareholders?

CervoMed's stock is owned by many different institutional and retail investors. Top institutional investors include RA Capital Management L.P. (13.96%), Ikarian Capital LLC (3.85%) and Crown Advisors Management Inc. (1.62%).

How do I buy shares of CervoMed?

Shares of CRVO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CRVO) was last updated on 5/21/2024 by MarketBeat.com Staff

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