Overview
Jasper Q3 loss per share beats analyst expectations despite net loss of $18.7 mln
Company completed $30 mln stock offering, extending cash runway through H1 2026
Outlook
Company plans to report final conclusions from investigation into BEACON study anomalies in Q4 2025
Company expects initial data from ETESIAN study in allergic asthma in Q4 2025
Jasper aims to complete dose selection for Phase 2b CSU study by mid-2026
Result Drivers
FINANCIAL POSITION - $30 mln stock offering completed, extending cash runway through H1 2026
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 EPS | Beat | -$1.13 | -$1.21 (7 Analysts) |
Q3 Net Income | -$18.70 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "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 Jasper Therapeutics Inc is $10.50, about 83% above its November 7 closing price of $1.78
Press Release: ID:nGNXyRBV4
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(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.)