CERS Cerus Corporation - Common Stock
NASDAQ · Health Care · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Jul 30, 2026
$2.28
· of 52w range
· above low
· to high
$1.3852w low
$3.4752w high
Market Cap
$438M
P/E
-28.5
EPS
$-0.08
Revenue
$234M
your badges
52W Range
$1–$3
Analyst Rating
BUY
Price Target
$5
P/E
-28.5
ROE
-26.0%
Net Profit Margin
-6.7%
Your badge strip is empty — pin a metric anywhere on this page.
CERS Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$2.28
Market Cap
$438M
P/E
-28.5
EPS
$-0.08
Revenue
$234M
ROE
-26.0%
52W Range
$1–$3
CERS Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
range
bars
Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.
10-Year Performance Revenue, net income, margins and EPS trends
Revenue$234M2016-12-31 → 2025-12-31
EPS$-0.082016-12-31 → 2025-12-31
Free Cash Flow$1M2017-12-31 → 2025-12-31
Net margin-6.7%2017-12-31 → 2025-12-31
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | CERS | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E | -28.55Y avg ≈-17.3 | ≈-17.3 | · | · | |
| P/S | 1.95Y avg ≈3.2 | ≈3.2 | 2.0 | Undervalued | |
| P/B | 6.85Y avg ≈8.5 | ≈8.5 | 1.8 | Overvalued | |
| Price / FCF | 395.45Y avg ≈65.0 | ≈65.0 | · | · | |
| Price / Cash Flow | 90.65Y avg ≈7.6 | ≈7.6 | 21.5 | Overvalued | |
| Price / Tangible Book | 7.05Y avg ≈8.6 | ≈8.6 | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | CERS | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Operating Margin | -3.7%5Y avg ≈-15.1% | ≈-15.1% | 10.8% | Weak | |
| EBITDA Margin | -3.1%5Y avg ≈-13.8% | ≈-13.8% | 10.8% | Weak | |
| Pretax Margin | -6.5%5Y avg ≈-18.6% | ≈-18.6% | 10.0% | Weak | |
| Net Profit Margin | -6.7%5Y avg ≈-18.8% | ≈-18.8% | 7.8% | Weak | |
| ROA | -7.4%5Y avg ≈-15.7% | ≈-15.7% | -8.1% | In line | |
| ROE | -26.0%5Y avg ≈-48.9% | ≈-48.9% | -14.0% | Weak | |
| ROIC | -13.8%5Y avg ≈-41.2% | ≈-41.2% | -11.3% | Below avg |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | CERS | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Current Ratio (MRQ) | 1.85Y avg ≈2.0 | ≈2.0 | 4.1 | Low liquidity | |
| Quick Ratio | 0.55Y avg ≈0.7 | ≈0.7 | 2.2 | Low liquidity |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | CERS | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 16.1%5Y avg ≈16.2% | ≈16.2% | · | · | |
| Revenue CAGR 3Y | 7.5%5Y avg ≈11.1% | ≈11.1% | · | · | |
| Revenue CAGR 5Y | 15.4% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | CERS | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 1.15Y avg ≈0.9 | ≈0.9 | 0.5 | Top tier | |
| Receivables Turnover | 7.85Y avg ≈6.5 | ≈6.5 | 5.0 | Top tier | |
| Revenue / Employee | ≈$895.8K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
46.2%
Next Report
Nov 04, 2026
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Aug 3, 2026 | $-0.01 | $-0.01 | 26.5% |
| March 31, 2026 | $-0.01 | $-0.04 | 75.5% | |
| Dec. 31, 2025 | $-0.01 | $-0.04 | 75.5% | |
| Sept. 30, 2025 | $0.00 | $-0.03 | 100.0% | |
| June 30, 2025 | $-0.03 | $-0.03 | -6.8% | |
| March 31, 2025 | $-0.04 | $-0.04 | 6.5% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $234M | $201M | $187M | $188M | $160M | $114M | $94M | $76M | $51M | $39M | $34M | $36M | |
| Cost of Revenue | · | · | · | · | · | $41M | $33M | $32M | $23M | $20M | $23M | $21M | |
| Gross Profit | · | · | · | · | · | · | · | · | · | $17M | $11M | $15M | |
| SG&A Expense | $81M | $76M | $76M | $83M | $81M | $67M | $66M | $57M | $53M | $49M | $46M | $38M | |
| Operating Expenses | $149M | $135M | $147M | $147M | $145M | $131M | $127M | $99M | $86M | $80M | $72M | $60M | |
| Operating Income | $-9M | $-14M | $-30M | $-34M | $-49M | $-58M | $-66M | $-55M | $-58M | $-61M | $-61M | $-45M | |
| Interest Expense | · | · | $8M | $6M | $5M | $4M | $6M | $4M | $3M | $2M | $2M | $599.0K | |
| Other Non-op | $3M | $2M | $2M | $-2M | $374.0K | $2M | $1M | $2M | $4M | $1M | $71.0K | $130.0K | |
| Pretax Income | $-15M | $-21M | $-37M | $-42M | $-54M | $-60M | $-71M | $-57M | $-57M | $-63M | $-60M | $-39M | |
| Income Tax | $354.0K | $205.0K | $325.0K | $488.0K | $319.0K | $284.0K | $263.0K | $229.0K | $4M | $175.0K | $-4M | $195.0K | |
| Net Income | $-16M | $-21M | $-37M | $-43M | $-54M | $-60M | $-71M | $-58M | $-61M | $-63M | $-56M | $-39M | |
| EPS (Basic) | $-0.08 | $-0.11 | $-0.21 | $-0.24 | $-0.32 | $-0.37 | · | $-0.44 | $-0.56 | $-0.62 | $-0.58 | $-0.52 | |
| EPS (Diluted) | $-0.08 | $-0.11 | $-0.21 | $-0.24 | $-0.32 | $-0.37 | · | $-0.44 | $-0.56 | $-0.62 | $-0.61 | $-0.61 | |
| Shares (Basic) | 190,594,000 | 184,563,000 | 180,270,000 | 176,545,000 | 171,279,000 | 163,949,000 | 139,831,000 | 131,663,000 | 108,221,000 | 101,826,000 | 96,068,000 | 74,767,000 | |
| Shares (Diluted) | 190,594,000 | 184,563,000 | 180,270,000 | 176,545,000 | 171,279,000 | 163,949,000 | 139,831,000 | 131,663,000 | 108,221,000 | 101,826,000 | 96,905,000 | 76,534,000 | |
| EBITDA | $-7M | $-12M | $-27M | $-31M | $-46M | $-55M | $-64M | $-54M | $-56M | · | $-59M | $-43M |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $20M | $20M | $12M | $36M | $49M | $37M | $35M | $29M | $14M | $23M | $71M | $23M | |
| Short-term Investments | · | · | · | · | · | · | · | · | · | · | · | $29M | |
| Receivables | $30M | $30M | $36M | $34M | $25M | $21M | $17M | $9M | $12M | $7M | $6M | $5M | |
| Inventory | $56M | $38M | $40M | $29M | $27M | $23M | $19M | $14M | $14M | $13M | $11M | $15M | |
| Prepaid Expense | $5M | $4M | $3M | $5M | $6M | $5M | $6M | $7M | $2M | $1M | $1M | $1M | |
| Other Current Assets | · | · | · | · | · | · | · | · | $2M | $2M | $5M | $2M | |
| Current Assets | $174M | $152M | $144M | $170M | $187M | $183M | $128M | $147M | $90M | $94M | $130M | $75M | |
| PP&E (Net) | $9M | $7M | $9M | $11M | $12M | $14M | $15M | $8M | $2M | $3M | $4M | $4M | |
| PP&E (Gross) | $29M | $26M | $25M | $25M | $24M | $23M | $23M | $20M | $14M | $13M | $13M | $13M | |
| Accum. Depreciation | $20M | $18M | $16M | $14M | $12M | $10M | $8M | $12M | $11M | $10M | $9M | $9M | |
| Goodwill | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | |
| Intangibles | · | · | · | · | · | · | $132.0K | $334.0K | $536.0K | $738.0K | $940.0K | $1M | |
| Other Non-current Assets | $11M | $17M | $11M | $6M | $22M | $7M | $5M | $4M | $4M | $4M | $3M | $144.0K | |
| Total Assets | $222M | $201M | $198M | $218M | $237M | $221M | $166M | $163M | $98M | $103M | $139M | $82M | |
| Accounts Payable | $28M | $22M | $24M | $33M | $36M | $24M | $22M | $19M | $11M | $9M | $5M | $10M | |
| Accrued Liabilities | $25M | $19M | $19M | $25M | $26M | $25M | $21M | $20M | $12M | $11M | $10M | $8M | |
| Current Liabilities | $101M | $64M | $68M | $117M | $79M | $60M | $50M | $53M | $23M | $27M | $22M | $29M | |
| Capital Leases | $10M | $12M | $14M | $15M | $16M | $17M | $18M | · | · | · | · | · | |
| Deferred Tax | · | · | · | · | · | · | · | · | · | $150.0K | $122.0K | $115.0K | |
| Other Non-current Liabilities | $5M | $4M | $3M | $3M | $2M | $1M | $327.0K | $4M | $609.0K | $2M | $1M | $1M | |
| Total Liabilities | $157M | $144M | $144M | $150M | $152M | $118M | $108M | $79M | $59M | $46M | $45M | $40M | |
| Long-term Debt | · | · | · | · | · | · | · | · | · | · | $20M | $10M | |
| Common Stock | $192.0K | $186.0K | $181.0K | $177.0K | $174.0K | $168.0K | $144.0K | $136.0K | $115.0K | $103.0K | $99.0K | $80.0K | |
| Retained Earnings | $-1.08B | $-1.07B | $-1.04B | $-1.01B | $-964M | $-910M | $-850M | $-779M | $-721M | $-661M | $-598M | $-542M | |
| AOCI | $-156.0K | $-400.0K | $-1M | $-3M | $-149.0K | $674.0K | $114.0K | $-281.0K | $-97.0K | $103.0K | $7M | $-31.0K | |
| Stockholders' Equity | $64M | $56M | $53M | $68M | $85M | $104M | $57M | $85M | $39M | $58M | $95M | $42M | |
| Liabilities + Equity | $222M | $201M | $198M | $218M | $237M | $221M | $166M | $163M | $98M | $103M | $139M | $82M | |
| Shares Outstanding | 192,142,000 | 185,766,000 | 181,248,000 | 177,582,000 | 173,670,000 | 168,170,000 | 144,291,000 | 136,853,000 | 115,555,000 | 103,475,000 | 99,095,000 | 80,404,000 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $1M | $2M | $3M | $3M | $3M | $3M | $2M | $1M | $2M | $2M | $2M | $1M | |
| Stock-based Comp | $23M | $23M | $20M | $24M | $24M | $18M | $13M | $10M | $9M | $8M | $7M | $5M | |
| Deferred Tax | · | · | · | · | · | · | · | $4.0K | $-119.0K | $28.0K | $7.0K | $26.0K | |
| Amort. of Intangibles | · | · | · | · | · | · | · | · | $202.0K | $202.0K | $202.0K | $202.0K | |
| Restructuring | · | · | $4M | · | · | · | · | · | · | · | · | · | |
| Other Non-cash | $-4M | $8M | $-29M | $-10M | $-6M | $-2M | $-10M | $14M | $-3M | · | $-4M | $-8M | |
| Operating Cash Flow | $5M | $11M | $-43M | $-26M | $-34M | $-42M | $-65M | $-31M | $-52M | $-54M | $-51M | $-40M | |
| CapEx | $4M | $3M | $5M | $2M | $910.0K | $2M | $9M | $1M | $353.0K | $563.0K | $722.0K | $2M | |
| Investing Cash Flow | $-6M | $-8M | $9M | $8M | $13M | $-50M | $28M | $-44M | $421.0K | $-20M | · | · | |
| Debt Issued | · | · | · | · | $15M | · | $39M | · | $30M | · | $10M | $10M | |
| Net Debt Issued | · | · | · | · | $15M | · | $8M | $-133.0K | $10M | · | $10M | $6M | |
| Stock Issued | $-35.0K | $-137.0K | $-175.0K | $-104.0K | $3M | $77M | $27M | $85M | $30M | $22M | $75M | $18M | |
| Net Stock Activity | $-35.0K | $-137.0K | $-175.0K | $-104.0K | $3M | $77M | $27M | $85M | $30M | · | $75M | $18M | |
| Financing Cash Flow | $231.0K | $5M | $11M | $4M | $34M | $92M | $43M | $93M | $43M | $25M | · | · | |
| Net Change in Cash | $-761.0K | $8M | $-24M | $-14M | $12M | $1M | $6M | $18M | $-9M | $-49M | $48M | $-7M | |
| Taxes Paid | $301.0K | · | · | · | · | · | · | · | · | · | · | · | |
| Free Cash Flow | $1M | $9M | $-48M | $-28M | $-35M | $-42M | $-75M | $-32M | $-53M | · | $-52M | $-42M | |
| Levered FCF | · | · | $-56M | $-34M | $-40M | $-46M | $-81M | $-36M | $-56M | · | $-53M | $-43M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | · | · | · | · | · | · | · | · | · | · | 31.4% | 41.8% | |
| Operating Margin | -3.7% | -7.1% | -16.1% | -18.1% | -30.7% | -51.1% | -70.6% | -72.3% | -112.1% | · | -178.5% | -122.2% | |
| Net Margin | -6.7% | -10.4% | -20.1% | -22.7% | -34.1% | -52.4% | -76.0% | -75.7% | -118.0% | · | -163.2% | -106.4% | |
| Pretax Margin | -6.5% | -10.3% | -20.0% | -22.5% | -33.9% | -52.1% | -75.7% | -75.4% | -110.5% | · | -174.0% | -105.9% | |
| EBITDA Margin | -3.1% | -6.1% | -14.7% | -16.5% | -28.7% | -48.3% | -68.1% | -70.4% | -108.6% | · | -173.5% | -118.3% | |
| ROA | -7.4% | -10.5% | -18.0% | -18.8% | -23.7% | -30.9% | -43.3% | -44.0% | -60.1% | · | -50.5% | -46.9% | |
| ROE | -26.0% | -38.5% | -62.4% | -56.2% | -61.4% | -54.8% | -120.9% | -65.3% | -125.3% | · | -82.0% | -91.9% | |
| ROIC | -13.8% | -25.6% | -57.6% | -51.0% | -58.2% | -56.5% | -116.5% | -65.3% | -157.9% | · | -60.5% | -107.7% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.7 | 2.4 | 2.1 | 1.5 | 2.4 | 3.1 | 2.5 | 2.8 | 3.9 | · | 6.0 | 2.6 | |
| Quick Ratio | 0.5 | 0.8 | 0.7 | 0.6 | 0.9 | 1.0 | 1.0 | 0.7 | 1.1 | · | 3.5 | 1.9 | |
| Interest Coverage | · | · | -3.6 | -5.8 | -9.9 | -15.6 | -10.9 | -13.7 | -19.0 | · | -35.8 | -74.3 |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 1.1 | 1.0 | 0.9 | 0.8 | 0.7 | 0.6 | 0.6 | 0.6 | 0.5 | · | 0.3 | 0.4 | |
| Inventory Turnover | · | · | · | · | · | 1.9 | 2.0 | 2.3 | 1.7 | · | 1.8 | 1.5 | |
| Receivables Turnover | 7.8 | 6.2 | 5.3 | 6.3 | 6.9 | 6.0 | 7.3 | 7.2 | 5.3 | · | 6.1 | 6.3 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $0.33 | $0.30 | $0.29 | $0.38 | $0.49 | $0.62 | $0.40 | $0.62 | $0.38 | · | $0.96 | $0.52 | |
| Revenue / Share | $1.23 | $1.09 | $1.04 | $1.07 | $0.93 | $0.70 | $0.67 | $0.58 | $0.47 | · | $0.35 | $0.48 | |
| Cash Flow / Share | $0.03 | $0.06 | $-0.24 | $-0.15 | $-0.20 | $-0.25 | $-0.47 | $-0.24 | $-0.48 | · | $-0.53 | $-0.52 | |
| Cash / Share | $0.10 | $0.11 | $0.06 | $0.20 | $0.28 | $0.22 | $0.24 | $0.21 | $0.13 | · | $0.72 | $0.28 | |
| EPS (TTM) | $-0.08 | $-0.11 | $-0.21 | $-0.24 | $-0.32 | $-0.37 | $-0.52 | $-0.44 | $-0.56 | $-0.62 | $-0.61 | $-0.61 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 16.1% | 7.8% | -0.81% | 18.1% | 39.6% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 7.5% | 8.1% | 17.8% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 15.4% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $234M | $201M | $187M | $188M | $160M | $114M | $94M | $76M | $51M | $39M | $34M | $36M | |
| Net Income TTM | $-16M | $-21M | $-37M | $-43M | $-54M | $-60M | $-71M | $-58M | $-61M | $-63M | $-56M | $-39M | |
| Market Cap | $396M | $286M | $391M | $648M | $1.18B | $1.16B | $609M | $694M | $350M | · | $626M | $502M | |
| P/E | -25.8 | -14.0 | -10.3 | -15.2 | -21.3 | -18.7 | -8.1 | -11.5 | -6.0 | -7.0 | -10.4 | -10.2 | |
| P/S | 1.7 | 1.4 | 2.1 | 3.4 | 7.4 | 10.2 | 6.5 | 9.1 | 6.8 | · | 18.3 | 13.8 | |
| P/B | 6.2 | 5.1 | 7.4 | 9.6 | 14.0 | 11.2 | 10.7 | 8.2 | 9.0 | · | 6.6 | 12.1 | |
| P / Tangible Book | 6.3 | 5.2 | 7.6 | 9.8 | 14.2 | 11.4 | · | · | · | · | · | · | |
| P / Cash Flow | 81.8 | 25.2 | -9.1 | -25.3 | -34.9 | -28.6 | -9.2 | -22.2 | -6.7 | · | -12.2 | -12.6 | |
| P / FCF | 357.2 | 33.6 | -8.2 | -23.5 | -34.0 | -27.5 | -8.1 | -21.4 | -6.7 | · | -12.1 | -12.0 | |
| Earnings Yield | -3.9% | -7.1% | -9.7% | -6.6% | -4.7% | -5.3% | -12.3% | -8.7% | -16.6% | -14.2% | -9.7% | -9.8% |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $57M | $54M | · | · | $52M | $43M | · | · | · | · | · | · | · | · | · | · | |
| SG&A Expense | $23M | $20M | $21M | $19M | $21M | $20M | $19M | $18M | $19M | $20M | $16M | $21M | $22M | $20M | $20M | $21M | |
| Operating Expenses | $37M | $34M | $37M | $34M | $40M | $37M | $35M | $32M | $34M | $34M | $35M | $42M | $39M | $36M | $35M | $35M | |
| Operating Income | $-2M | $-354.0K | $-641.0K | $1M | $-3M | $-6M | $-1M | $-961.0K | $-4M | $-8M | $-5M | $-12M | $-14M | $-7M | $-7M | $-10M | |
| Interest Expense | · | · | · | · | · | · | · | · | $2M | $2M | $2M | $2M | $2M | $1M | $1M | $1M | |
| Other Non-op | $734.0K | $519.0K | $589.0K | $976.0K | $845.0K | $606.0K | $508.0K | $604.0K | $412.0K | $452.0K | $233.0K | $539.0K | $387.0K | $165.0K | $-30.0K | $-782.0K | |
| Pretax Income | $-3M | $-2M | $-2M | $65.0K | $-6M | $-8M | $-2M | $-3M | $-6M | $-10M | $-7M | $-13M | $-16M | $-8M | $-8M | $-12M | |
| Income Tax | $95.0K | $91.0K | $119.0K | $85.0K | $76.0K | $74.0K | $111.0K | $76.0K | $-56.0K | $74.0K | $78.0K | $98.0K | $77.0K | $67.0K | $78.0K | $76.0K | |
| Net Income | $-3M | $-2M | $-2M | $-19.0K | $-6M | $-8M | $-3M | $-3M | $-6M | $-10M | $-7M | $-13M | $-16M | $-8M | $-8M | $-12M | |
| EPS (Basic) | $-0.01 | $-0.01 | $-0.01 | $0.00 | $-0.03 | $-0.04 | $-0.01 | $-0.02 | $-0.03 | $-0.05 | $-0.04 | $-0.07 | $-0.09 | $-0.05 | $-0.05 | $-0.07 | |
| EPS (Diluted) | $-0.01 | $-0.01 | $-0.01 | $0.00 | $-0.03 | $-0.04 | $-0.01 | $-0.02 | $-0.03 | $-0.05 | $-0.04 | $-0.07 | $-0.09 | $-0.05 | $-0.05 | $-0.07 | |
| Shares (Basic) | 200,565,000 | 194,142,000 | · | 191,830,000 | 191,301,000 | 187,066,000 | · | 185,424,000 | 184,982,000 | 182,090,000 | 180,938,000 | 180,611,000 | 178,273,000 | 177,236,000 | 176,944,000 | 174,478,000 | |
| Shares (Diluted) | 200,565,000 | 194,142,000 | · | 191,830,000 | 191,301,000 | 187,066,000 | · | 185,424,000 | 184,982,000 | 182,090,000 | 180,938,000 | 180,611,000 | 178,273,000 | 177,236,000 | 176,944,000 | 174,478,000 | |
| EBITDA | $-2M | · | · | $1M | $-3M | $-6M | · | $-961.0K | $-4M | $-7M | $-5M | $-12M | $-14M | $-7M | $-7M | $-9M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $18M | $28M | $20M | $16M | $16M | $19M | $20M | $22M | $12M | $21M | $17M | $21M | $28M | $29M | $32M | $38M | |
| Receivables | $31M | $29M | $30M | $30M | $31M | $26M | $30M | $24M | $24M | $23M | $25M | $22M | $25M | $28M | $27M | $26M | |
| Inventory | $66M | $61M | $56M | $53M | $55M | $48M | $38M | $37M | $36M | $40M | $43M | $41M | $37M | $28M | $28M | $29M | |
| Prepaid Expense | $4M | $4M | $5M | $6M | $5M | $6M | $4M | $4M | $4M | $4M | $5M | $4M | $6M | $4M | $3M | $10M | |
| Current Assets | $157M | $175M | $174M | $167M | $169M | $162M | $152M | $141M | $135M | $138M | $151M | $151M | $162M | $165M | $165M | $173M | |
| PP&E (Net) | $9M | $9M | $9M | $7M | $7M | $7M | $7M | $7M | $8M | $8M | $9M | $10M | $11M | $11M | $11M | $12M | |
| PP&E (Gross) | · | · | $29M | · | · | · | $26M | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $20M | · | · | · | $18M | · | · | · | · | · | · | · | · | · | |
| Goodwill | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | |
| Other Non-current Assets | $12M | $11M | $11M | $16M | $12M | $12M | $17M | $15M | $13M | $12M | $10M | $22M | $21M | $24M | $24M | $20M | |
| Total Assets | $205M | $223M | $222M | $215M | $213M | $207M | $201M | $190M | $185M | $189M | $206M | $199M | $209M | $215M | $216M | $222M | |
| Accounts Payable | $34M | $32M | $28M | $25M | $31M | $28M | $22M | $16M | $17M | $17M | $39M | $37M | $36M | $30M | $29M | $31M | |
| Accrued Liabilities | $17M | $18M | $25M | $22M | $21M | $17M | $19M | $16M | $15M | $16M | $20M | $18M | $19M | $20M | $18M | $17M | |
| Current Liabilities | $86M | $107M | $101M | $88M | $84M | $70M | $64M | $54M | $54M | $57M | $80M | $75M | $78M | $95M | $79M | $67M | |
| Capital Leases | $9M | $9M | $10M | $11M | $11M | $12M | $12M | $12M | $13M | $13M | $14M | $14M | $15M | $16M | $16M | $17M | |
| Other Non-current Liabilities | $5M | $5M | $5M | $5M | $4M | $4M | $4M | $4M | $4M | $3M | $3M | $3M | $2M | $3M | $3M | $3M | |
| Total Liabilities | $134M | $155M | $157M | $153M | $157M | $151M | $144M | $135M | $135M | $139M | $157M | $147M | $150M | $141M | $140M | $141M | |
| Common Stock | $201.0K | $200.0K | $192.0K | $192.0K | $191.0K | $191.0K | $186.0K | $185.0K | $185.0K | $185.0K | $181.0K | $181.0K | $180.0K | $177.0K | $177.0K | $177.0K | |
| Retained Earnings | $-1.09B | $-1.08B | $-1.08B | $-1.08B | $-1.08B | $-1.07B | $-1.07B | $-1.06B | $-1.06B | $-1.05B | $-1.04B | $-1.04B | $-1.02B | $-993M | $-985M | $-977M | |
| AOCI | $-383.0K | $-323.0K | $-156.0K | $-174.0K | $-273.0K | $-266.0K | $-400.0K | $-104.0K | $-867.0K | $-1M | $-2M | $-2M | $-2M | $-3M | $-2M | $-2M | |
| Stockholders' Equity | $70M | $68M | $64M | $61M | $55M | $55M | $56M | $53M | $50M | $49M | $48M | $51M | $59M | $73M | $76M | $79M | |
| Liabilities + Equity | $205M | $223M | $222M | $215M | $213M | $207M | $201M | $190M | $185M | $189M | $206M | $199M | $209M | $215M | $216M | $222M | |
| Shares Outstanding | · | · | 192,142,000 | · | · | · | 185,766,000 | · | · | · | · | · | · | · | · | · |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $461.0K | $447.0K | $393.0K | $382.0K | $344.0K | $307.0K | $332.0K | $412.0K | $480.0K | $631.0K | $677.0K | $640.0K | $635.0K | $708.0K | $762.0K | $865.0K | |
| Stock-based Comp | $5M | $5M | $5M | $6M | $6M | $7M | $6M | $6M | $6M | $6M | $4M | $6M | $6M | $6M | $5M | $6M | |
| Restructuring | · | · | · | · | · | · | · | · | · | · | $2M | · | · | · | · | · | |
| Other Non-cash | · | $-7M | · | · | · | $-69.0K | · | · | · | $5M | · | · | $815.0K | · | · | $-16M | |
| Operating Cash Flow | $-3M | $-3M | $6M | $2M | $-2M | $-844.0K | $5M | $4M | $401.0K | $2M | $-10M | $-9M | $-8M | $-2M | $-345.0K | $-21M | |
| CapEx | $873.0K | $233.0K | $1M | $2M | $477.0K | $112.0K | $976.0K | $721.0K | $41.0K | $1M | $3M | $444.0K | $2M | $574.0K | $78.0K | $113.0K | |
| Investing Cash Flow | $13M | $10M | $-1M | $-3M | $-1M | $-1M | $-7M | $5M | $-7M | $1M | $-275.0K | $2M | $-2M | $-2M | $-5M | $9M | |
| Debt Issued | · | · | · | · | · | · | · | $0 | · | · | · | · | · | · | · | · | |
| Net Debt Issued | · | · | · | · | · | · | · | · | · | · | · | · | $-1M | · | · | · | |
| Stock Issued | $-55.0K | $0 | $0 | $52.0K | $-31.0K | $-56.0K | $-30.0K | $-42.0K | $-65.0K | $0 | $0 | $-65.0K | $-72.0K | $52.0K | · | · | |
| Net Stock Activity | · | $0 | · | · | · | $-56.0K | · | · | · | · | · | · | $-72.0K | · | · | · | |
| Financing Cash Flow | $-20M | $1M | $-1M | $320.0K | $-129.0K | $1M | $746.0K | $60.0K | $-1M | $6M | $8M | $-173.0K | $2M | $1M | $202.0K | $2M | |
| Net Change in Cash | $-10M | $8M | $4M | $-322.0K | $-3M | $-776.0K | $-2M | $9M | $-8M | $9M | $-3M | $-7M | $-8M | $-3M | $-6M | $-11M | |
| Free Cash Flow | · | · | · | · | · | $-956.0K | · | · | · | $860.0K | · | · | $-10M | · | · | $-22M | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $-1M | · | · | $-12M | · | · | $-23M |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | -3.2% | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Net Margin | -5.1% | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Pretax Margin | -5.0% | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| EBITDA Margin | -3.2% | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| ROA | -1.4% | · | · | -0.01% | -2.9% | -3.9% | · | -1.5% | -3.0% | -4.9% | -3.5% | -6.4% | -7.2% | -3.9% | -3.8% | -5.5% | |
| ROE | -4.7% | · | · | -0.03% | -10.9% | -14.7% | · | -5.8% | -11.5% | -17.9% | -12.0% | -21.0% | -22.6% | -11.1% | -10.5% | -14.3% | |
| ROIC | -2.7% | · | · | -0.62% | -6.3% | -10.7% | · | -1.8% | -7.7% | -16.3% | -11.0% | -23.1% | -24.2% | -10.3% | -9.1% | -12.5% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.8 | · | · | 1.9 | 2.0 | 2.3 | · | 2.6 | 2.5 | 2.4 | 1.9 | 2.0 | 2.1 | 1.7 | 2.1 | 2.6 | |
| Quick Ratio | 0.6 | · | · | 0.5 | 0.6 | 0.7 | · | 0.8 | 0.7 | 0.8 | 0.5 | 0.6 | 0.7 | 0.6 | 0.7 | 1.0 | |
| Interest Coverage | · | · | · | · | · | · | · | · | -1.6 | -3.6 | -2.2 | -5.3 | -8.8 | -5.3 | -5.1 | -7.1 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Receivables Turnover | 1.8 | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Share | $0.29 | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Cash Flow / Share | · | · | · | · | · | $-0.00 | · | · | · | $0.01 | · | · | $-0.05 | · | · | · | |
| EPS (TTM) | $-0.03 | $-0.08 | · | $-0.08 | $-0.10 | $-0.10 | · | $-0.11 | $-0.13 | $-0.17 | $-0.27 | $-0.28 | $-0.26 | $-0.22 | $-0.24 | · |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | · | · | · | · | · | · | · | $76M | $76M | $76M | $76M | $76M | $76M | $76M | $76M | $76M | |
| Net Income TTM | $-7M | $-15M | · | $-16M | $-19M | $-19M | · | $-20M | $-24M | $-32M | $-50M | $-51M | $-46M | $-38M | $-42M | $-49M | |
| P/E | -97.3 | -22.8 | · | -19.9 | -14.1 | -13.9 | · | -15.8 | -13.5 | -11.1 | -6.0 | -8.8 | -11.4 | -16.4 | -22.0 | · | |
| Earnings Yield | -1.0% | -4.4% | · | -5.0% | -7.1% | -7.2% | · | -6.3% | -7.4% | -9.0% | -16.7% | -11.4% | -8.8% | -6.1% | -4.5% | · |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $234M | $201M | $187M | $188M | $160M |
| Operating Margin % | -3.7% | -7.1% | -16.1% | -18.1% | -30.7% |
| Net Income | $-16M | $-21M | $-37M | $-43M | $-54M |
| Diluted EPS | $-0.08 | $-0.11 | $-0.21 | $-0.24 | $-0.32 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Current Ratio | 1.7 | 2.4 | 2.1 | 1.5 | 2.4 |
| Quick Ratio | 0.5 | 0.8 | 0.7 | 0.6 | 0.9 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $1M | $9M | $-48M | $-28M | $-35M |
Institutional owners (13F) 197 filers · $453.1M total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
197
Value held
$453.1M
New positions
38
Exited positions
17
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 38 (+9 vs prior Q) | 17 (+4 vs prior Q) | 73 (+16 vs prior Q) | 51 (-2 vs prior Q) | -3.8M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| BlackRock, Inc. | $64,868,171 | 22,215,127 | 14.32% | Shares |
| ARK Investment Management LLC | $52,361,728 | 17,932,099 | 11.56% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $25,005,198 | 8,563,424 | 5.52% | Shares |
| VANGUARD GROUP INC | $22,996,030 | 11,163,121 | 5.08% | Shares |
| BAKER BROS. ADVISORS LP | $18,674,659 | 6,395,431 | 4.12% | Shares |
| D. E. Shaw & Co., Inc. | $16,019,070 | 5,485,983 | 3.54% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $14,950,914 | 5,119,019 | 3.30% | Shares |
| STATE STREET CORP | $13,881,569 | 4,753,962 | 3.06% | Shares |
| Senvest Management, LLC | $13,473,058 | 4,614,061 | 2.97% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $12,087,433 | 4,139,532 | 2.67% | Shares |
| Amova Asset Management Americas, Inc. | $12,066,999 | 4,132,534 | 2.66% | Shares |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | $11,905,386 | 4,077,187 | 2.63% | Shares |
| TWO SIGMA INVESTMENTS, LP | $10,175,128 | 3,484,633 | 2.25% | Shares |
| SILVERARC CAPITAL MANAGEMENT, LLC | $10,140,392 | 3,472,737 | 2.24% | Shares |
| WASATCH ADVISORS LP | $9,611,668 | 5,281,136 | 2.12% | Shares |
| MACKENZIE FINANCIAL CORP | $8,767,866 | 3,002,694 | 1.94% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $8,085,451 | 2,768,990 | 1.78% | Shares |
| Soleus Capital Management, L.P. | $7,300,000 | 2,500,000 | 1.61% | Shares |
| IEQ CAPITAL, LLC | $7,026,484 | 2,406,330 | 1.55% | Shares |
| GOLDMAN SACHS GROUP INC | $6,767,983 | 2,317,802 | 1.49% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $5,484,562 | 1,878,275 | 1.21% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $5,061,975 | 1,733,553 | 1.12% | Shares |
| NORTHERN TRUST CORP | $4,958,092 | 1,697,977 | 1.09% | Shares |
| ALGERT GLOBAL LLC | $4,354,067 | 1,491,119 | 0.96% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $4,167,850 | 1,427,346 | 0.92% | Shares |
| FMR LLC | $4,125,020 | 1,412,678 | 0.91% | Shares |
| AMERIPRISE FINANCIAL INC | $3,385,759 | 1,159,506 | 0.75% | Shares |
| MORGAN STANLEY | $3,265,327 | 1,118,262 | 0.72% | Shares |
| PANAGORA ASSET MANAGEMENT INC | $3,193,960 | 1,093,822 | 0.70% | Shares |
| Topline Capital Management, LLC | $3,070,894 | 1,051,676 | 0.68% | Shares |
| UBS Group AG | $2,927,482 | 1,002,562 | 0.65% | Shares |
| VOYA INVESTMENT MANAGEMENT LLC | $2,916,507 | 998,804 | 0.64% | Shares |
| TWO SIGMA ADVISERS, LP | $2,879,674 | 1,397,900 | 0.64% | Shares |
| FRANKLIN RESOURCES INC | $2,626,204 | 899,385 | 0.58% | Shares |
| BANK OF AMERICA CORP /DE/ | $2,535,894 | 868,457 | 0.56% | Shares |
| PRIMECAP MANAGEMENT CO/CA/ | $2,282,856 | 781,800 | 0.50% | Shares |
| IQ EQ FUND MANAGEMENT (IRELAND) Ltd | $2,174,401 | 744,658 | 0.48% | Shares |
| CITADEL ADVISORS LLC | $2,151,111 | 736,682 | 0.47% | Shares |
| KOTLER KEVIN | $2,083,925 | 1,011,614 | 0.46% | Shares |
| CITIGROUP INC | $1,981,498 | 678,595 | 0.44% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $1,961,364 | 671,700 | 0.43% | Shares |
| Russell Investments Group, Ltd. | $1,942,510 | 665,244 | 0.43% | Shares |
| ALLIANCEBERNSTEIN L.P. | $1,873,071 | 1,029,160 | 0.41% | Shares |
| Bank of New York Mellon Corp | $1,634,715 | 559,834 | 0.36% | Shares |
| GLOBEFLEX CAPITAL L P | $1,524,529 | 522,099 | 0.34% | Shares |
| Connor, Clark & Lunn Investment Management Ltd. | $1,372,161 | 469,918 | 0.30% | Shares |
| Driehaus Capital Management LLC | $1,239,861 | 424,610 | 0.27% | Shares |
| Nuveen, LLC | $1,223,556 | 419,026 | 0.27% | Shares |
| Informed Momentum Co LLC | $1,182,807 | 405,071 | 0.26% | Shares |
| Round Rock Advisors LLC | $1,039,409 | 355,962 | 0.23% | Shares |
Activists & 5%+ owners 2 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Ira Sochet ×2 filings | June 24, 2005 | · | Initial filing | · | SEC |
| Undisclosed reporting person | July 3, 2001 | · | Initial filing | · | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 29 insiders · 10 officers · 16 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Vivek K Jayaraman | Chief Executive Officer | July 16, 2026 S | 2,232,211 | 0 | 6 | $-619,963 |
| William Mariner Greenman | President and CEO | June 30, 2026 S | 5,053,036 | 0 | 3 | $-1,200,075 |
| Stephen T Isaacs | Chief Executive Officer | March 19, 2004 A | 29,341 | 0 | 0 | $0 |
| Kevin Dennis Green | Chief Financial Officer | June 30, 2026 S | 1,062,188 | 0 | 4 | $-480,364 |
| Caspar Jan Hogeboom | President, Cerus Europe | Dec. 10, 2015 M | 0 | 0 | 0 | $0 |
| Carol Moore | SVP Reg. & Quality | March 12, 2024 M | 490,623 | 0 | 0 | $0 |
| Laurence M Corash | Chief Scientific Officer | March 12, 2024 M | 2,339,740 | 0 | 0 | $0 |
| Howard G Ervin | Vice President, Legal Affairs | Jan. 7, 2013 J | 42,846 | 0 | 0 | $0 |
| Claes Glassell | Executive Officer and Director | April 1, 2011 A | 189,457 | 0 | 0 | $0 |
| David N Cook | Vice President, R & D | Oct. 1, 2007 A | 43,836 | 0 | 0 | $0 |
| Eric Bjerkholt | Director | June 9, 2026 S | 261,679 | 0 | 1 | $-53,180 |
| Dean A. Gregory | Director | June 2, 2026 A | 146,725 | 0 | 0 | $0 |
| Hua Shan | Director | June 2, 2026 A | 192,386 | 0 | 0 | $0 |
| Ann Lucena | Director | June 2, 2026 A | 232,284 | 0 | 0 | $0 |
| Frank Witney | Director | June 2, 2026 A | 340,059 | 0 | 0 | $0 |
| Jami K Nachtsheim | Director | June 2, 2026 A | 268,362 | 0 | 0 | $0 |
| Timothy L. Moore | Director | June 3, 2025 A | 205,073 | 0 | 0 | $0 |
| Daniel N Swisher JR | Director | June 3, 2025 A | 207,045 | 0 | 0 | $0 |
| Gail Schulze | Director | June 5, 2024 A | 163,420 | 0 | 0 | $0 |
| Bruce C Cozadd | Director | June 7, 2017 A | 18,921 | 0 | 0 | $0 |
| Bj Cassin | Director | Nov. 4, 2013 M | 0 | 0 | 0 | $0 |
| William R Rohn | Director | Jan. 3, 2011 A | · | 0 | 0 | $0 |
| Raymond C Larkin JR | Director | Jan. 1, 2005 A | · | 0 | 0 | $0 |
| BAXTER INTERNATIONAL INC & SUBSIDIARIES PENSION TRUST | 10% owner | Feb. 27, 2004 S | 2,192,700 | 0 | 0 | $0 |
| Chrystal Jensen | · | Aug. 17, 2026 S | 936,657 | 0 | 5 | $-504,018 |
| Richard J Benjamin | · | March 12, 2026 S | 777,361 | 0 | 7 | $-670,594 |
| Timothy B Anderson | · | June 1, 2021 M | 213,993 | 0 | 0 | $0 |
| William J Dawson | · | Jan. 12, 2009 A | 156,825 | 0 | 0 | $0 |
| Gregory W Schafer | · | June 30, 2004 A | · | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 18 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| ARKG · ARK ETF Trust | 1.00% | 7,223,126 NS | July 31, 2026 | N-PORT |
| QQQS · Invesco Exchange-Traded Fund Trust … | 0.46% | 45,427 SH | Oct. 2, 2026 | Daily |
| ARKK · ARK ETF Trust | 0.32% | 8,284,570 NS | July 31, 2026 | N-PORT |
| IWC · iShares Trust | 0.12% | 674,374 SH | Sept. 11, 2026 | Daily |
| IWO · iShares Trust | 0.03% | 1,868,339 SH | Sept. 11, 2026 | Daily |
| VTWG · VANGUARD SCOTTSDALE FUNDS | 0.03% | 213,413 SH | Aug. 19, 2026 | Daily |
| VFMO · VANGUARD WELLINGTON FUND | 0.02% | 123,794 SH | Aug. 19, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.02% | 1,145,598 SH | Aug. 19, 2026 | Daily |
| IWM · iShares Trust | 0.02% | 5,088,628 SH | Sept. 11, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.02% | 172,509 SH | Oct. 2, 2026 | Daily |
| RSSL · Global X Funds | 0.01% | 95,048 NS | July 31, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.01% | 2,306,565 SH | Aug. 19, 2026 | Daily |
| VHT · VANGUARD WORLD FUND | 0.01% | 549,329 SH | Aug. 19, 2026 | Daily |
| ITOT · iShares Trust | 0.00% | 345,826 SH | Sept. 11, 2026 | Daily |
| IWV · iShares Trust | 0.00% | 38,418 SH | Sept. 3, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.00% | 6,075,566 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.00% | 14,134 SH | Aug. 19, 2026 | Daily |
| SMLF · iShares Trust | · | 982,110 SH | Sept. 11, 2026 | Daily |
CERS Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 10 analysts
BUY
Median target
$5.00
+119.3%
3 30.0%
Strong Buy
6 60.0%
Buy
1 10.0%
Hold
0 0.0%
Sell
0 0.0%
Strong Sell
12-Month Price Target
4 analysts · 2026-10-01Mean target $5.12 +124.8%
← Below all targets
Current price $2.28
Low$4.00
Mean$5.12
High$6.50
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| CERS | $396M | -25.8 | 16.1% | -6.7% | -26.0% | · |
| STAA | $1.17B | -14.6 | -23.7% | -33.6% | -23.6% | 76.2% |
| BVS | · | 22.5 | -0.91% | 4.0% | 13.7% | 68.3% |
| KIDS | $446M | -10.5 | 15.4% | -16.8% | -11.3% | 73.0% |
| EMBC | $825M | 8.7 | -3.8% | 8.8% | -13.8% | 62.6% |
| SMTI | $209M | -5.4 | 19.0% | -36.4% | -165.7% | 92.7% |
| OSUR | $170M | -2.6 | -38.1% | -59.8% | -19.1% | 41.9% |
| UTMD | $178M | 16.1 | -5.8% | 29.3% | 9.5% | 57.1% |
| RXST | $430M | -11.0 | -3.9% | -29.0% | -14.0% | 76.6% |
Latest News Recent headlines mentioning this company
Cerebras vs. SoundHound: Which AI Tech Stock Is a Better Buy in 2026?
Nasdaq · 1 week, 2 days ago
5 Under the Radar AI Chip Stocks Powering the Data Center Boom
Yahoo Finance · 2 months, 3 weeks ago
Cerus Corporation (CERS) Gets Upgraded to Buy Post Q1 by BTIG
Yahoo Finance · 4 months, 1 week ago
Cathie Wood Just Bet $46 Million on a Newly Public AI Chip Stock. Should You Follow Her?
Nasdaq · 4 months, 1 week ago
Cerebras' blockbuster IPO boosts hype for SpaceX and OpenAI, but crowds out smaller players
CNBC · 4 months, 2 weeks ago
Cerebras stock falls after blockbuster IPO debut — here's what's happening
CNBC · 4 months, 2 weeks ago
Cerebras almost doubles in Nasdaq debut, topping $100 billion market cap after blockbuster IPO
CNBC · 4 months, 2 weeks ago
Cerebras To Raise IPO Price Amid Strong Demand
Yahoo Finance · 4 months, 3 weeks ago
AI chipmaker Cerebras targets $115-$125 share price in US IPO, source says
Yahoo Finance · 4 months, 4 weeks ago
Earnings Preview For Cerus - Cerus ( NASDAQ : CERS )
www.benzinga.com · 7 months ago
My Metrics Your personal watchlist — selected rows from Full Fundamentals
Pick the metrics that matter to you — click the + next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.
Source: SEC 10-Q filed Jul 30, 2026