Cerus (CERS) Financials: Revenue & Earnings
$488.70M
Market Cap
-64.36
P/E
97.00
Forward P/E
—
Score
CERS price $2.42 +0.03 +1.04%
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 37183000 | 43568000 | 60908000 | 74649000 | 91920000 | 130859000 | 162048000 | 156367000 | 180270000 | 206133000 |
Cerus Corporation operates as a biotechnology firm dedicated to advancing and marketing the INTERCEPT Blood System. This proprietary technology significantly enhances the safety of transfusable blood components by neutralizing biological threats, thereby reducing the risk of blood-borne pathogens. The company's product line includes INTERCEPT systems specifically engineered to deactivate pathogens in donated…
CERS fair value $0.97. Price $2.42. Price is 150% above fair value.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 9.74M. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 1.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 201.52M. Net debt 76.98M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-02 | — | -0.01 | — | 63.25M |
| 2026-07-30 | -0.01 | -0.01 | 63.30M | 62.90M |
| 2026-04-30 | -0.01 | -0.03 | 59.90M | 55.68M |
| 2026-03-02 | -0.01 | -0.01 | 64.60M | 61.83M |
| 2025-11-06 | -0.00 | -0.02 | 52.70M | 59.31M |
| 2025-08-05 | -0.03 | -0.02 | 52.45M | 54.28M |
| 2025-05-01 | -0.04 | -0.05 | 43.24M | 47.44M |
| 2025-02-20 | -0.01 | -0.01 | 50.81M | 52.95M |
| 2024-10-30 | -0.02 | -0.01 | 46.02M | 50.69M |
| 2024-08-01 | -0.03 | -0.02 | 45.08M | 46.63M |
| 2024-05-02 | -0.05 | -0.05 | 38.37M | 41.14M |
| 2024-03-05 | -0.01 | -0.01 | 46.77M | 49.27M |
| 2023-11-02 | -0.03 | -0.05 | 47.30M | 48.73M |
| 2023-08-02 | -0.07 | -0.05 | 38.85M | 41.78M |
| 2023-05-04 | -0.09 | -0.05 | 30.97M | 34.83M |
| 2023-02-28 | -0.08 | -0.05 | 44.03M | 49.16M |
| 2022-11-03 | -0.05 | -0.05 | 39.57M | 46.83M |
| 2022-08-04 | -0.05 | -0.06 | 41.00M | 46.01M |
| 2022-05-05 | -0.07 | -0.10 | 37.44M | 41.67M |
| 2022-02-22 | -0.05 | -0.08 | 39.87M | 43.90M |
| 2021-11-02 | -0.07 | -0.10 | 36.13M | 37.27M |
| 2021-08-03 | -0.09 | -0.10 | 31.48M | 37.76M |
| 2021-05-04 | -0.10 | -0.09 | 23.38M | 26.28M |
| 2021-02-25 | -0.09 | -0.08 | 28.20M | 33.59M |
| 2020-10-29 | -0.08 | -0.12 | 23.61M | 29.51M |
| 2020-08-04 | -0.09 | -0.10 | 21.50M | 32.79M |
| 2020-05-05 | -0.10 | -0.10 | 18.61M | 24.64M |
| 2020-02-20 | -0.12 | -0.11 | 20.92M | 24.28M |
| 2019-10-30 | -0.13 | -0.11 | 18.02M | 21.09M |
| 2019-08-01 | -0.13 | -0.12 | 18.21M | 19.02M |
| 2019-05-07 | -0.14 | -0.12 | 17.50M | 17.26M |
| 2019-02-26 | -0.12 | -0.10 | 16.52M | 18.55M |
| 2018-11-01 | -0.11 | -0.11 | 15.40M | 17.57M |
| 2018-08-02 | -0.10 | -0.11 | 15.42M | 16.96M |
| 2018-05-08 | -0.11 | -0.12 | 13.56M | 14.80M |
| 2018-03-08 | -0.10 | -0.11 | 16.24M | 17.86M |
| 2017-11-02 | -0.12 | -0.15 | 10.80M | 13.50M |
| 2017-08-03 | -0.16 | -0.16 | 9.53M | 9.53M |
| 2017-05-03 | -0.18 | -0.16 | 7.01M | 6.23M |
| 2017-03-07 | -0.13 | -0.17 | 10.12M | 11.68M |
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-08-17 | Jensen Chrystal | Sell | 30.00K | $2.98 | 89.53K |
| 2026-07-16 | Jayaraman Vivek K | Sell | 16.67K | $3.16 | 52.66K |
| 2026-07-01 | Jayaraman Vivek K | Buy | 554.53K | — | — |
| 2026-07-01 | Jayaraman Vivek K | Buy | 369.69K | — | — |
| 2026-06-30 | Green Kevin Dennis | Sell | 63.60K | — | — |
| 2026-06-30 | Green Kevin Dennis | Sell | 33.68K | $2.94 | 99.11K |
| 2026-06-30 | Jayaraman Vivek K | Sell | 80.00K | — | — |
| 2026-06-30 | Jayaraman Vivek K | Sell | 42.36K | $2.94 | 124.66K |
| 2026-06-30 | Jensen Chrystal | Sell | 55.00K | — | — |
| 2026-06-30 | Jensen Chrystal | Sell | 24.33K | $2.94 | 71.60K |
| 2026-06-30 | Greenman William Mariner | Sell | 192.50K | — | — |
| 2026-06-30 | Greenman William Mariner | Sell | 101.92K | $2.94 | 299.94K |
| 2026-06-09 | BJERKHOLT ERIC | Sell | 20.45K | $2.60 | 53.18K |
| 2026-06-02 | Lucena Ann | Buy | 60.00K | — | — |
| 2026-06-02 | BJERKHOLT ERIC | Buy | 60.00K | — | — |
| 2026-06-02 | NACHTSHEIM JAMI K | Buy | 60.00K | — | — |
| 2026-06-02 | Witney Frank | Buy | 60.00K | — | — |
| 2026-06-02 | Gregory Dean A. | Buy | 60.00K | — | — |
| 2026-06-02 | Shan Hua | Buy | 60.00K | — | — |
| 2026-05-29 | Jayaraman Vivek K | Sell | 16.67K | $3.00 | 50.00K |
| 2026-05-01 | Jayaraman Vivek K | Sell | 16.67K | $3.00 | 50.00K |
| 2026-04-01 | Green Kevin Dennis | Buy | 200.00K | — | — |
| 2026-04-01 | Jensen Chrystal | Buy | 200.00K | — | — |
| 2026-03-12 | Jayaraman Vivek K | Sell | 165.20K | $1.66 | 273.77K |
| 2026-03-12 | Greenman William Mariner | Sell | 447.76K | $1.66 | 742.02K |
| 2026-03-12 | Green Kevin Dennis | Sell | 127.54K | $1.66 | 211.37K |
| 2026-03-12 | Benjamin Richard J | Sell | 101.74K | $1.66 | 168.60K |
| 2026-03-09 | Benjamin Richard J | Sell | 40.43K | $1.88 | 76.03K |
| 2026-03-06 | Green Kevin Dennis | Sell | 27.80K | $2.01 | 55.74K |
| 2026-03-06 | Benjamin Richard J | Sell | 24.23K | $2.01 | 48.60K |
| 2026-03-06 | Jensen Chrystal | Sell | 30.84K | $2.01 | 61.86K |
| 2026-03-06 | Jayaraman Vivek K | Sell | 34.09K | $2.01 | 68.38K |
| 2026-03-06 | Greenman William Mariner | Sell | 78.19K | $2.01 | 156.80K |
| 2026-03-05 | Benjamin Richard J | Sell | 61.23K | $2.06 | 126.30K |
| 2026-03-05 | Green Kevin Dennis | Buy | 63.85K | — | — |
| 2026-03-05 | Green Kevin Dennis | Sell | 55.23K | $2.06 | 113.90K |
| 2026-03-05 | Benjamin Richard J | Buy | 55.22K | — | — |
| 2026-03-05 | Benjamin Richard J | Sell | 61.23K | $2.06 | 126.31K |
| 2026-03-05 | Jensen Chrystal | Buy | 55.22K | — | — |
| 2026-03-05 | Jayaraman Vivek K | Buy | 80.32K | — | — |
| 2026-03-05 | Greenman William Mariner | Buy | 193.27K | — | — |
| 2026-03-02 | Benjamin Richard J | Buy | 264.00K | — | — |
| 2026-03-02 | Green Kevin Dennis | Buy | 300.00K | — | — |
| 2026-03-02 | Greenman William Mariner | Buy | 1.20M | — | — |
| 2026-03-02 | Jayaraman Vivek K | Buy | 420.00K | — | — |
| 2026-03-02 | Jensen Chrystal | Buy | 300.00K | — | — |
| 2025-11-24 | Jensen Chrystal | Sell | 55.00K | $1.70 | 93.50K |
| 2025-08-25 | Gregory Dean A. | Buy | 25.00K | $1.25 | 31.25K |
| 2025-06-03 | Witney Frank | Buy | 60.00K | — | — |
| 2025-06-03 | MOORE TIMOTHY L. | Buy | 60.00K | — | — |
| 2025-06-03 | Swisher Daniel N JR | Buy | 60.00K | — | — |
| 2025-06-03 | NACHTSHEIM JAMI K | Buy | 60.00K | — | — |
| 2025-06-03 | Lucena Ann | Buy | 60.00K | — | — |
| 2025-06-03 | Shan Hua | Buy | 60.00K | — | — |
| 2025-06-03 | BJERKHOLT ERIC | Buy | 60.00K | — | — |
| 2025-03-14 | Jensen Chrystal | Sell | 30.07K | $1.45 | 43.61K |
| 2025-03-14 | Jayaraman Vivek K | Sell | 46.00K | $1.45 | 66.71K |
| 2025-03-14 | Greenman William Mariner | Sell | 122.83K | $1.45 | 178.10K |
| 2025-03-14 | Green Kevin Dennis | Sell | 36.74K | $1.45 | 53.27K |
| 2025-03-14 | Benjamin Richard J | Sell | 30.07K | $1.45 | 43.61K |
| 2025-03-13 | Jensen Chrystal | Sell | 18.95K | $1.45 | 27.48K |
| 2025-03-13 | Jayaraman Vivek K | Sell | 29.98K | $1.45 | 43.48K |
| 2025-03-13 | Greenman William Mariner | Sell | 71.09K | $1.45 | 103.07K |
| 2025-03-13 | Green Kevin Dennis | Sell | 23.15K | $1.45 | 33.56K |
| 2025-03-13 | Benjamin Richard J | Sell | 18.95K | $1.45 | 27.48K |
| 2025-03-12 | Jensen Chrystal | Sell | 113.01K | $1.66 | 187.28K |
| 2025-03-07 | Jensen Chrystal | Sell | 27.46K | $1.50 | 41.13K |
| 2025-03-07 | Jayaraman Vivek K | Sell | 34.00K | $1.50 | 50.93K |
| 2025-03-07 | Greenman William Mariner | Sell | 60.98K | $1.50 | 91.35K |
| 2025-03-07 | Green Kevin Dennis | Sell | 31.15K | $1.50 | 46.66K |
| 2025-03-07 | Benjamin Richard J | Sell | 26.14K | $1.50 | 39.16K |
| 2025-03-06 | Jensen Chrystal | Buy | 69.58K | — | — |
| 2025-03-06 | Jensen Chrystal | Buy | 385.00K | — | — |
| 2025-03-06 | Jayaraman Vivek K | Buy | 90.49K | — | — |
| 2025-03-06 | Jayaraman Vivek K | Buy | 545.00K | — | — |
| 2025-03-06 | Greenman William Mariner | Buy | 165.74K | — | — |
| 2025-03-06 | Greenman William Mariner | Buy | 975.00K | — | — |
| 2025-03-06 | Green Kevin Dennis | Buy | 80.54K | — | — |
| 2025-03-06 | Green Kevin Dennis | Buy | 392.50K | — | — |
| 2025-03-06 | Benjamin Richard J | Buy | 66.56K | — | — |
| 2025-03-06 | Benjamin Richard J | Buy | 300.00K | — | — |
| 2025-03-04 | Jensen Chrystal | Sell | 6.29K | $1.55 | 9.74K |
| 2025-03-04 | Jensen Chrystal | Sell | 60.00K | $1.59 | 95.14K |
| 2025-03-04 | Jayaraman Vivek K | Sell | 10.78K | $1.55 | 16.69K |
| 2025-03-04 | Greenman William Mariner | Sell | 23.02K | $1.55 | 35.65K |
| 2025-03-04 | Green Kevin Dennis | Sell | 8.39K | $1.55 | 12.99K |
| 2025-03-04 | Benjamin Richard J | Sell | 6.29K | $1.55 | 9.74K |
| 2025-03-03 | Jensen Chrystal | Buy | 13.91K | — | — |
| 2025-03-03 | Jensen Chrystal | Sell | 13.91K | — | — |
| 2025-03-03 | Jayaraman Vivek K | Buy | 23.85K | — | — |
| 2025-03-03 | Jayaraman Vivek K | Sell | 23.85K | — | — |
| 2025-03-03 | Greenman William Mariner | Buy | 57.64K | — | — |
| 2025-03-03 | Greenman William Mariner | Sell | 57.64K | — | — |
| 2025-03-03 | Green Kevin Dennis | Buy | 18.55K | — | — |
| 2025-03-03 | Green Kevin Dennis | Sell | 60.66K | $1.58 | 95.67K |
| 2025-03-03 | Green Kevin Dennis | Sell | 18.55K | — | — |
| 2025-03-03 | Benjamin Richard J | Buy | 13.91K | — | — |
| 2025-03-03 | Benjamin Richard J | Sell | 51.25K | $1.58 | 80.83K |
| 2025-03-03 | Benjamin Richard J | Sell | 13.91K | — | — |
| 2025-02-26 | Jensen Chrystal | Buy | 13.91K | — | — |
Latest filed quarter: Q2 2026.
Institutions holding: 191, holders +20 vs prior quarter. Ownership 78.35%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 22.22M | 639.71K | +2.96% | 64.87M |
| ARK INVESTMENT MANAGEMENT LLC | 17.93M | -1.23M | -6.41% | 52.36M |
| VANGUARD CAPITAL MANAGEMENT LLC | 8.56M | 431.65K | +5.31% | 25.01M |
| BAKER BROS. ADVISORS LP | 6.40M | -3.61M | -36.10% | 18.67M |
| D. E. SHAW & CO., INC. | 5.49M | 1.75M | +47.03% | 16.02M |
| GEODE CAPITAL MANAGEMENT, LLC | 5.12M | 481.58K | +10.38% | 14.95M |
| STATE STREET CORP | 4.75M | 539.06K | +12.79% | 13.88M |
| SENVEST MANAGEMENT, LLC | 4.61M | 500.00K | +12.15% | 13.47M |
| ACADIAN ASSET MANAGEMENT LLC | 4.27M | 560.57K | +15.11% | 12.46M |
| SUMITOMO MITSUI TRUST GROUP, INC. | 4.14M | -377.07K | -8.35% | 12.09M |
| AMOVA ASSET MANAGEMENT AMERICAS, INC. | 4.13M | -384.07K | -8.50% | 12.07M |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | 4.08M | -164.22K | -3.87% | 11.91M |
| TWO SIGMA INVESTMENTS, LP | 3.48M | 739.61K | +26.94% | 10.18M |
| SILVERARC CAPITAL MANAGEMENT, LLC | 3.47M | 296.19K | +9.32% | 10.14M |
| WASATCH ADVISORS LP | 3.38M | -1.90M | -35.92% | 9.88M |
| MACKENZIE FINANCIAL CORP | 3.00M | 2.96M | +7271.11% | 8.77M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 2.77M | 849.92K | +44.29% | 8.09M |
| SOLEUS CAPITAL MANAGEMENT, L.P. | 2.50M | -8.25M | -76.75% | 7.30M |
| IEQ CAPITAL, LLC | 2.41M | -36.91K | -1.51% | 7.03M |
| GOLDMAN SACHS GROUP INC | 2.32M | -450.80K | -16.28% | 6.77M |
| AQR CAPITAL MANAGEMENT LLC | 1.88M | -234.96K | -11.12% | 5.48M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.73M | 103.48K | +6.35% | 5.06M |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 1.73M | 1.73M | New | 5.06M |
| NORTHERN TRUST CORP | 1.70M | 212.89K | +14.33% | 4.96M |
| ALGERT GLOBAL LLC | 1.49M | 1.37M | +1154.35% | 4.35M |
Cerus Corporation (CERS) trades at $2.42, with a market cap of $488.70M and a trailing P/E of -64.36. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 37183000 | 43568000 | 60908000 | 74649000 | 91920000 | 130859000 | 162048000 | 156367000 | 180270000 | 206133000 |
Insights · Dividends · Forecast · Financials · Learn
$488.70M
Market Cap
-64.36
P/E
97.00
Forward P/E
—
Score