Overview
Context Q2 net loss widens to $8.8 mln from $2.3 mln last year
Outlook
Cash and cash equivalents total $83.5 mln, funding operations into 2027
Result Drivers
R&D EXPENSES - Increase driven by development of CTIM-76, CT-95, and CT-202
CLINICAL PIPELINE - Focus on progressing trials for CTIM-76 and CT-95, with dose escalation data expected in 2026
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Net Income | -$8.80 mln | ||
Q2 Basic EPS | -$0.09 |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the biotechnology & medical research peer group is "buy"
Wall Street's median 12-month price target for Context Therapeutics Inc is $5.00, about 86% above its August 5 closing price of $0.70
Press Release: ID:nGNX5zGStQ
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)