CORRECTED-Israel's Compugen Q4 revenue beats on rilvegostomig royalties

Reuters
Mar 02
CORRECTED-Israel's Compugen Q4 revenue beats on rilvegostomig royalties

Corrects EPS in Key Details table to $0.60 from -$0.60

Overview

  • Israel cancer immunotherapy firm's Q4 revenue beat analyst expectations

  • Company reported Q4 net profit, reversing previous year's loss

  • Cash position strengthened through AstraZeneca deal, extending runway into 2029

Outlook

  • Compugen expects cash balances to fund operations into 2029

  • Company anticipates MAIA-ovarian interim analysis in Q1 2027

  • Compugen advancing Phase 1 trial of GS-0321 licensed to Gilead

Result Drivers

  • ASTRAZENECA DEAL - Compugen monetized a portion of rilvegostomig royalties, strengthening cash position and extending runway into 2029

  • CLINICAL TRIAL EXPANSION - Initiated new trials for COM701 and GS-0321, expanding global clinical trial footprint

  • CLINICAL PRESENTATIONS - Presented COM701 and GS-0321 updates at ESMO and SITC 2025, supporting ongoing trials

Company press release: ID:nPn5ZZ05ya

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Beat

$67.33 mln

$1.36 mln (3 Analysts)

Q4 EPS

$0.60

Q4 Net Income

$56.85 mln

Q4 Gross Profit

$63.80 mln

Q4 Operating Expenses

$7.75 mln

Q4 Operating Income

$56.04 mln

Analyst Coverage

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "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 Compugen Ltd is $4.00, about 121% above its February 27 closing price of $1.81

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10