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CRBP Nasdaq Pharmaceuticals

Corbus Pharmaceuticals Holdings, Inc.

$8,92
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1D5D1M3M6MYTD1Y5YMax
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Mcap
166,9M USD
P/E
EV / Rev
Div yield
Op margin
ROE
-18,2 %
Net margin
Debt / equity
0,13
Beta
52w range
Volume
Day range
Prev close
$9,00
Open
Next earnings
2026-10-28
Ex-dividend
TR 1Y
About

Corbus Pharmaceuticals Holdings, Inc. is a clinical-stage biopharmaceutical company developing novel therapies for inflammatory and autoimmune diseases, primarily generating capital through equity offerings and licensing agreements rather than product revenue.

Business. Corbus Pharmaceuticals Holdings, Inc. (CRBP) is a pharmaceutical company operating within the Healthcare sector. The firm is headquartered in the United States and is primarily listed on the Nasdaq stock exchange. Specific details regarding operating segments and geographic revenue mix are not available.

Classification78 %
SectorHealthcare
Business sectorPharmaceuticals & Medical Research
Industry groupPharmaceuticals
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
  • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
BlackRock Institutional Trust Company, N.A.
largest disclosed fund holder
Profitability
-18,2 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning CRBP.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care · THIS SECTOR+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to CRBP. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Corbus Pharmaceuticals Holdings, Inc. (CRBP) is a pharmaceutical company operating within the Healthcare sector. The firm is headquartered in the United States and is primarily listed on the Nasdaq stock exchange. Specific details regarding operating segments and geographic revenue mix are not available.

    Classification78 %
    SectorHealthcare
    Business sectorPharmaceuticals & Medical Research
    Industry groupPharmaceuticals
    AI synthesis
    GENERATED

    Corbus Pharmaceuticals maintains a debt-light capital structure with $15.9 million in short-term debt and no long-term debt, resulting in a low debt-to-equity ratio of 0.13. The company holds $25.7 million in cash and equivalents against total liabilities of $18.1 million, yielding a robust current ratio of 7.92. Despite this liquidity buffer, the firm faces significant cash burn, with operating cash flow at -$25.6 million and free cash flow at -$25.6 million for the quarter. The market capitalization stands at $168.4 million, trading at 1.33x price-to-book, while negative earnings metrics render EV/EBITDA and P/E ratios non-operational for traditional valuation.

    Profitability remains deeply negative, with a net income of -$22.97 million and operating income of -$24.3 million for Q1 2026. Return on equity is -18.18% and return on assets is -15.9%, reflecting the pre-revenue nature of the business. Without revenue data to compare against cohort medians, the company’s economic model relies entirely on capital preservation and future clinical milestones rather than current margin generation. The absence of positive earnings precludes standard profitability comparisons, highlighting the speculative nature of the investment thesis.

    Key takeaways
    • High dilution risk driven by recent equity offerings and an active ATM agreement allowing up to $150 million in sales.
    • Strong liquidity position with a 7.92 current ratio, but offset by significant negative operating cash flow of -$25.6 million.
    • Going-concern language in filings highlights substantial doubt about long-term viability without additional capital or revenue.
    • No long-term debt and low debt-to-equity ratio of 0.13 provide a clean balance sheet but limited leverage for growth.
    • Strategic partnership with CSPC and Australian subsidiary indicate international development focus, though revenue impact is not yet realized.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Quarterly
    Annual
    QUARTERLYFiled 2026-03-31
    Q4 2025 · Quarter highlights

    Operating income -$24.3M.

    Revenue
    Operating income-$24.3M
    Net income-$23.0M
    Free cash flow-$25.6M
    EPS
    Operating cash flow-$25.6M
    Financials
    Income statement
    Revenue
    Gross profit
    Operating income-$24.3M
    Net income-$23.0M
    Balance sheet
    Total assets$144.5M
    Total liabilities$18.1M
    Total equity$126.3M
    Cash & equivalents$25.7M
    Long-term debt
    Cash flow
    Operating cash flow-$25.6M
    CapEx$6.0k
    Free cash flow-$25.6M
    SBC$1.9M
    Highlights
    • Operating income -$24.3M

    Valuation FY

    Market price
    $8,92
    Market cap
    $168.4M
    Enterprise value
    $46.0M
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    1.3x
    P / Tangible book
    1.3x
    Tangible book
    $126.3M
    Net cash
    $122.3M
    Current ratio
    7.9
    Debt / equity
    0.1
    ROA
    -15.9%
    ROE
    -18.2%
    Cash conversion
    111.0%
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    5.5%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    Business relationships1 disclosed relationship · 1 type · extracted from filings & disclosures
    Partners1

    Supply chain

    Vendors → CRBP ↔ Partners → Customers · click any node to drill
    VENDORSPARTNERSCUSTOMERSCRBPCRBPCorbus Pharmaceuticals Holdings,1 entityCspc Pharmaceutical GrPharmaceuticalsHK
    0 mentions in 10-K0 from corporate websites0 from news dispatches
    Updated 2026-07-07

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution10 analysts
    Strong buy5
    Buy5
    Hold0
    Sell0
    Strong sell0
    12-month price target$41,67 · Median $40,00
    Low $28,00High $57,00
    Operating income · consensus-93,9M USD
    EPS surprise
    −31,7 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$28,00
    Mean$41,67
    Median$40,00
    High$57,00
    Spot$8,92
    +367.1 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskHigh
    Liquidity riskHigh
    Filing-based flags
    • Diluted share count is moderately above the basic share count.
    • Filings reference going-concern or substantial-doubt language.
    • Source documents mention dilution or offering risk.

    Benchmarks vs cohort

    ROE-18,2 %Bottom quartile
    D/E0,13Above median
    Cash Conv1,11Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    Derivative transactions

    Net acquired 655 304 sh2 exercises · 11 grants11 insiders
    • Saxena Nishant CChief Business Officer · Stock options (right to buy) → Common StockAcquired 192 300 @ $11,51grant · 2026-05-21
    • Ben YongDirector · Stock options (right to buy) → Common StockAcquired 12 300 @ $9,15grant · 2026-05-19
    • Kung WinstonDirector · Stock options (right to buy) → Common StockAcquired 12 300 @ $9,15grant · 2026-05-19
    • Jacques Rachelle SuzanneDirector · Stock options (right to buy) → Common StockAcquired 12 300 @ $9,15grant · 2026-05-19
    • Jenkins John KennethDirector · Stock options (right to buy) → Common StockAcquired 12 300 @ $9,15grant · 2026-05-19
    • Altmeyer AnneDirector · Stock options (right to buy) → Common StockAcquired 12 300 @ $9,15grant · 2026-05-19
    • Pfeiffenberger BrentDirector · Stock options (right to buy) → Common StockAcquired 24 700 @ $9,15grant · 2026-05-19
    • Cohen YuvalDirector, Chief Executive Officer · Stock options (right to buy) → Common StockAcquired 150 000 @ $8,26grant · 2026-01-14
    • Smethurst DominicChief Medical Officer · Stock options (right to buy) → Common StockAcquired 85 095 @ $8,26grant · 2026-01-14
    • Moran Sean F.Chief Financial Officer · Stock options (right to buy) → Common StockAcquired 84 247 @ $8,26grant · 2026-01-14
    • Hodgson IanChief Operating Officer · Stock options (right to buy) → Common StockAcquired 85 095 @ $8,26grant · 2026-01-14
    • Cohen YuvalDirector, Chief Executive Officer · Stock options (right to buy) → Common StockDisposed 8 973 @ $4,26exercise · 2025-10-27
    • Cohen YuvalDirector, Chief Executive Officer · Stock options (right to buy) → Common StockDisposed 18 660 @ $4,26exercise · 2025-10-24

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Regulatory filings
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    • Reference data
    How metrics are computed
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Enterprise Value
      market_cap - net_cash
    • Return On Assets
      net_income / total_assets
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    Source documents
    • Corbus Pharmaceuticals Holdings, Inc. company facts · 2026-07-07
    • Corbus Pharmaceuticals Holdings, Inc. 10-Q 2026-05-12 · 2026-07-07
    • Corbus Pharmaceuticals Holdings, Inc. 10-K 2026-03-09 · 2026-07-07
    • Corbus Pharmaceuticals Holdings, Inc. 10-Q 2025-11-12 · 2026-07-07
    • Corbus Pharmaceuticals Holdings, Inc. 10-Q 2025-08-05 · 2026-07-07
    • 8-K (sec_8k_material) on CRBP · 2026-07-07
    • Corbus Pharmaceuticals Holdings, Inc. HA canonical relationships · 2026-07-07

    Ownership & reference

    Top holders

    • BlackRock Institutional Trust Company, N.A.Investment Managers · as of 2024-06-300,00 %$34M
    • Dimensional Fund Advisors, L.P.Investment Managers · as of 2026-03-310,00 %$1M
    • Goldman Sachs Asset Management, L.P.Investment Managers · as of 2026-03-310,00 %$1M
    • Geode Capital Management, L.L.C.Investment Managers · as of 2026-03-310,00 %$2M
    • Vanguard Capital Management, LLCInvestment Managers · as of 2025-12-310,00 %$7M
    • Nuveen LLCInvestment Managers · as of 2024-12-310,00 %$0M
    • American Century Investment Management, Inc.Investment Managers · as of 2026-03-310,00 %$0M
    • UBS Financial Services, Inc.Investment Managers · as of 2026-03-310,00 %$0M
    • Northern Trust Investments, Inc.Investment Managers · as of 2026-03-310,00 %$0M
    • State Street Investment Management (US)Investment Managers · as of 2026-03-310,00 %$1M
    • Morgan Stanley Smith Barney LLCInvestment Managers · as of 2026-03-310,00 %$0M
    • T. Rowe Price Associates, Inc.Investment Managers · as of 2026-03-310,00 %$0M
    • FMR LLCInstitutional Investor · as of 2026-03-310,00 %$0M
    • JONES FINANCIAL COMPANIES LLLPInstitutional Investor · as of 2026-03-310,00 %$0M
    • Wells Fargo AdvisorsBrokerage Firms · as of 2026-03-310,00 %$0M

    Insider activity

    Net selling2 buys · 12 sellsnet -$1,0M12 insiders · last 365d
    • Altmeyer AnneDirector · Common Stock, par value $0.0001 per shareSold 2 412 @ $7,91$19K · 2026-06-10
    • Jenkins John KennethDirector · Common Stock, par value $0.0001 per shareSold 4 800 @ $7,91$38K · 2026-06-10
    • Kung WinstonDirector · Common Stock, par value $0.0001 per shareSold 2 026 @ $7,91$16K · 2026-06-10
    • Saxena Nishant CChief Business Officer · Common Stock, par value $0.0001 per shareBought 9 000 @ $7,58$68K · 2026-06-03
    • Saxena Nishant CChief Business Officer · Common Stock, par value $0.0001 per shareBought 4 500 @ $7,33$33K · 2026-06-02
    • Saxena Nishant CChief Business Officer · Common Stock, par value $0.0001 per shareOther 58 300 · 2026-05-21
    • Jacques Rachelle SuzanneDirector · Common Stock, par value $0.0001 per shareOther 3 800 · 2026-05-19
    • Kung WinstonDirector · Common Stock, par value $0.0001 per shareOther 3 800 · 2026-05-19
    • Jenkins John KennethDirector · Common Stock, par value $0.0001 per shareOther 3 800 · 2026-05-19
    • Altmeyer AnneDirector · Common Stock, par value $0.0001 per shareOther 3 800 · 2026-05-19
    • Ben YongDirector · Common Stock, par value $0.0001 per shareOther 3 800 · 2026-05-19
    • Pfeiffenberger BrentDirector · Common Stock, par value $0.0001 per shareOther 7 500 · 2026-05-19
    • Smethurst DominicChief Medical Officer · Common Stock, par value $0.0001 per shareSold 6 097 @ $8,30$51K · 2026-03-02
    • Hodgson IanChief Operating Officer · Common Stock, par value $0.0001 per shareSold 847 @ $7,38$6K · 2026-02-17
    • Moran Sean F.Chief Financial Officer · Common Stock, par value $0.0001 per shareSold 4 701 @ $7,78$37K · 2026-02-13
    • Cohen YuvalDirector, Chief Executive Officer · Common Stock, par value $0.0001 per shareSold 13 871 @ $7,78$108K · 2026-02-13
    • Smethurst DominicChief Medical Officer · Common Stock, par value $0.0001 per shareSold 3 285 @ $8,09$27K · 2026-02-03
    • Hodgson IanChief Operating Officer · Common Stock, par value $0.0001 per shareSold 2 415 @ $8,09$20K · 2026-02-03
    • Smethurst DominicChief Medical Officer · Common Stock, par value $0.0001 per shareOther 28 365 · 2026-01-14
    • Moran Sean F.Chief Financial Officer · Common Stock, par value $0.0001 per shareOther 28 082 · 2026-01-14
    • Cohen YuvalDirector, Chief Executive Officer · Common Stock, par value $0.0001 per shareOther 50 000 · 2026-01-14
    • Hodgson IanChief Operating Officer · Common Stock, par value $0.0001 per shareOther 28 365 · 2026-01-14
    • Cormorant Asset Management, LP10% owner · Common StockSold 30 029 @ $11,46$344K · 2025-12-11
    • Cohen YuvalDirector, Chief Executive Officer · Common Stock, par value $0.0001 per shareOther 8 973 @ $4,26$38K · 2025-10-27
    • Cohen YuvalDirector, Chief Executive Officer · Common Stock, par value $0.0001 per shareSold 8 973 @ $17,14$154K · 2025-10-27

    Short positioning

    2.1Mshares short+7.8% vs prior
    5.9days to cover
    52.9%short of daily vol
    3.4Kfails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    CRBPCanonical
    Nasdaq · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskHigh
    Liquidity riskHigh
    Diluted share count is moderately above the basic share count.
    Filings reference going-concern or substantial-doubt language.
    Source documents mention dilution or offering risk.
    Relationship graph
    CRBP1093.HKPharmaceutical
    This companySectorPartners

    Evidence & claims

    From filings & derived data
    • R&D expense (annual): USD 70.09MUnknown
    • Net income (annual): USD -78.54MUnknown
    • Operating income (annual): USD -85.31MUnknown
    • Operating cash flow (annual): USD -64.49MUnknown
    • Current liabilities (annual): USD 20.69MUnknown
    • Shareholders' equity (annual): USD 147.5MUnknown
    • Total liabilities (annual): USD 20.69MUnknown
    • Cash & equivalents (annual): USD 28.49MUnknown
    • EPS (basic) (annual): USD-PER-SHARES -6Unknown
    • EPS (diluted) (annual): USD-PER-SHARES -6Unknown
    • Total operating expenses (annual): USD 85.31MUnknown
    • Capex (annual): USD 7KUnknown
    • Shares outstanding (annual): 17.61MUnknown
    • Current assets (annual): USD 166.95MUnknown
    • Total assets (annual): USD 168.19MUnknown
    • Net income (annual): USD -40.21MUnknown
    • Current assets (annual): USD 152.98MUnknown
    • Cash & equivalents (annual): USD 17.2MUnknown
    • Operating income (annual): USD -48.72MUnknown
    • Shares outstanding (annual): 12.18MUnknown
    • Total operating expenses (annual): USD 48.72MUnknown
    • Shareholders' equity (annual): USD 142.43MUnknown
    • Current liabilities (annual): USD 11.82MUnknown
    • Operating cash flow (annual): USD -41.79MUnknown
    Showing 24 of 30 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
    2026-08-04 00:00 UTCTRANSCRIPTEarnings call — Q3 2026
    2026-07-07 04:39 UTCFILINGMaterial 8-K
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: insider_flow_signal (90d)
    2026-06-10 00:00 UTCINSIDER5 insider transactions — 2026-06 · $174k gross
    2026-06-10INSIDERAltmeyer Anne sold 2.4k sh Common Stock, par value $0.0001 per share — Director ~$19k
    2026-06-10INSIDERJenkins John Kenneth sold 4.8k sh Common Stock, par value $0.0001 per share — Director ~$38k
    2026-06-10INSIDERKung Winston sold 2.0k sh Common Stock, par value $0.0001 per share — Director ~$16k
    2026-06-03INSIDERSaxena Nishant C bought 9.0k sh Common Stock, par value $0.0001 per share — Chief Business Officer ~$68k
    2026-06-02INSIDERSaxena Nishant C bought 4.5k sh Common Stock, par value $0.0001 per share — Chief Business Officer ~$33k
    2026-05-26FILING8-K filing →
    2026-05-21 00:00 UTCINSIDER14 insider transactions — 2026-05 7 derivative
    2026-05-21FILING8-K filing →
    2026-05-21INSIDERSaxena Nishant C transacted 58.3k sh Common Stock, par value $0.0001 per share — Chief Business Officer
    2026-05-21INSIDERSaxena Nishant C acquired 192.3k sh Stock options (right to buy) — Chief Business Officer
    2026-05-19INSIDERJacques Rachelle Suzanne transacted 3.8k sh Common Stock, par value $0.0001 per share — Director
    2026-05-19INSIDERKung Winston transacted 3.8k sh Common Stock, par value $0.0001 per share — Director
    2026-05-19INSIDERJenkins John Kenneth transacted 3.8k sh Common Stock, par value $0.0001 per share — Director
    2026-05-19INSIDERAltmeyer Anne transacted 3.8k sh Common Stock, par value $0.0001 per share — Director
    2026-05-19INSIDERBen Yong transacted 3.8k sh Common Stock, par value $0.0001 per share — Director
    2026-05-19INSIDERPfeiffenberger Brent transacted 7.5k sh Common Stock, par value $0.0001 per share — Director
    2026-05-19INSIDERJenkins John Kenneth acquired 12.3k sh Stock options (right to buy) — Director
    2026-05-19INSIDERBen Yong acquired 12.3k sh Stock options (right to buy) — Director
    2026-05-19INSIDERPfeiffenberger Brent acquired 24.7k sh Stock options (right to buy) — Director
    2026-05-19INSIDERKung Winston acquired 12.3k sh Stock options (right to buy) — Director
    2026-05-19INSIDERJacques Rachelle Suzanne acquired 12.3k sh Stock options (right to buy) — Director
    2026-05-19INSIDERAltmeyer Anne acquired 12.3k sh Stock options (right to buy) — Director
    2026-05-14FILING8-K filing →
    2026-05-12FILING10-Q filing →
    2026-05-12FILING8-K filing →
    2026-04-16FILING8-K filing →
    2026-04-14FILING8-K filing →
    2026-04-07FILING8-K filing →
    2026-04-02FILINGDEF 14A filing →
    2026-03-31EARNINGSQuarterly results — Q4 2025 Net USD -23.0M
    2026-03-25FILING424B3 filing →
    2026-03-09FILING10-K filing →
    2026-03-09FILING8-K filing →
    2026-03-02 00:00 UTCINSIDER1 insider transaction — 2026-03
    2026-03-02INSIDERSmethurst Dominic sold 6.1k sh Common Stock, par value $0.0001 per share — Chief Medical Officer ~$51k
    Showing the 40 most recent of 68 entries.
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data Premium coverage