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Corvus Pharmaceuticals, Inc.NasdaqGM:CRVS Stock Report

Market Cap US$1.0b
Share Price
US$12.31
US$35
64.8% undervalued intrinsic discount
1Y241.0%
7D-20.8%
Portfolio Value
View

Corvus Pharmaceuticals, Inc.

NasdaqGM:CRVS Stock Report

Market Cap: US$1.0b

Corvus Pharmaceuticals (CRVS) Stock Overview

A clinical stage biopharmaceutical company, engages in the development of product candidates that precisely target proteins that are critical to immune cell maturation and function in the United States. More details

CRVS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

CRVS Community Fair Values

Create Narrative

See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

Corvus Pharmaceuticals, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Corvus Pharmaceuticals
Historical stock prices
Current Share PriceUS$12.31
52 Week HighUS$26.95
52 Week LowUS$3.38
Beta0.94
1 Month Change-26.46%
3 Month Change-34.03%
1 Year Change241.00%
3 Year Change285.89%
5 Year Change352.57%
Change since IPO-13.61%

Recent News & Updates

Seeking Alpha Apr 08

Corvus Pharmaceuticals: Strong Clinical Narrative, Already Priced For Success

Summary Corvus Pharmaceuticals is built on ITK inhibition, showing early promising data in both PTCL and atopic dermatitis. CRVS’s soquelitinib demonstrates superior mPFS and OS in PTCL versus historical controls, but data is early and from small cohorts. The current $1.24B valuation fully prices in success for both PTCL and AD, despite only early-stage clinical validation. I rate CRVS a sell at current prices due to market enthusiasm outpacing clinical and commercial proof. Read the full article on Seeking Alpha
New Narrative Apr 02

Multiple Trial And Dilution Risks Will Shape Future Immunology Upside Potential

Catalysts About Corvus Pharmaceuticals Corvus Pharmaceuticals focuses on developing soquelitinib, a selective ITK inhibitor, for immune mediated diseases and cancers. What are the underlying business or industry changes driving this perspective?

Recent updates

Seeking Alpha Apr 08

Corvus Pharmaceuticals: Strong Clinical Narrative, Already Priced For Success

Summary Corvus Pharmaceuticals is built on ITK inhibition, showing early promising data in both PTCL and atopic dermatitis. CRVS’s soquelitinib demonstrates superior mPFS and OS in PTCL versus historical controls, but data is early and from small cohorts. The current $1.24B valuation fully prices in success for both PTCL and AD, despite only early-stage clinical validation. I rate CRVS a sell at current prices due to market enthusiasm outpacing clinical and commercial proof. Read the full article on Seeking Alpha
New Narrative Apr 02

Multiple Trial And Dilution Risks Will Shape Future Immunology Upside Potential

Catalysts About Corvus Pharmaceuticals Corvus Pharmaceuticals focuses on developing soquelitinib, a selective ITK inhibitor, for immune mediated diseases and cancers. What are the underlying business or industry changes driving this perspective?
New Narrative Mar 19

Late Stage ITK Inhibitor Franchise Will Transform Immunology Pipeline Over The Long Term

Catalysts About Corvus Pharmaceuticals Corvus Pharmaceuticals is a clinical stage biopharmaceutical company focused on developing soquelitinib, a selective ITK inhibitor, for cancers and immune inflammatory diseases. What are the underlying business or industry changes driving this perspective?
New Narrative Mar 05

Targeted Immunology Pipeline Will Position This Biotech For Multiple Long Term Catalysts

Catalysts About Corvus Pharmaceuticals Corvus Pharmaceuticals is a clinical stage biopharmaceutical company focused on developing soquelitinib, an oral ITK inhibitor, for immune and inflammatory diseases and T cell lymphomas. What are the underlying business or industry changes driving this perspective?
Analysis Article Nov 01

We Think Corvus Pharmaceuticals (NASDAQ:CRVS) Can Afford To Drive Business Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Aug 19

Is Corvus Pharmaceuticals, Inc. (NASDAQ:CRVS) Trading At A 49% Discount?

Key Insights Corvus Pharmaceuticals' estimated fair value is US$10.34 based on 2 Stage Free Cash Flow to Equity Current...
Analysis Article Jul 15

Corvus Pharmaceuticals (NASDAQ:CRVS) Is In A Good Position To Deliver On Growth Plans

Just because a business does not make any money, does not mean that the stock will go down. Indeed, Corvus...
Seeking Alpha Mar 28

Corvus Pharmaceuticals' Short Runway Overshadows Soquelitinib's Promising Trials

Summary Corvus Pharmaceuticals' leading drug candidate is Soquelitinib, which has broad potential across PTCL, atopic dermatitis, and ALPS. Unfortunately, it seems Corvus' early AD data might have disappointed investors (at least initially). Still, Soquelitinib's promising Phase 3 PTCL trial results are due late 2026. Its PFS metrics might help it to differentiate from other standard chemotherapy treatments. As for Soquelitinib’s early AD results, I believe they were mostly positive, but they were based on limited data of just 28 days and 19 patients. Unfortunately, while Corvus' pipeline progress has been solid, they’re now running into dilution risks due to their short cash runway. Hence, I believe CRVS stock is a “Hold” now. Read the full article on Seeking Alpha
Seeking Alpha Mar 03

Corvus Pharmaceuticals: Small Market, Many Competitors, Low Cash Balance

Summary Corvus Pharmaceuticals' lead asset, Soquelitinib, shows promising early data in treating peripheral T cell lymphoma, solid tumors, and atopic dermatitis. Despite competitive clinical data, Corvus faces significant financial risks with limited cash reserves and a small, highly differentiated PTCL market. The company has a market cap of $259 million and a cash runway of approximately six quarters, raising concerns about funding future trials and commercialization. Given the financial constraints and competitive landscape, I recommend staying on the sidelines for now. Read the full article on Seeking Alpha
Analysis Article Jan 13

We're Not Worried About Corvus Pharmaceuticals' (NASDAQ:CRVS) Cash Burn

There's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, Corvus...
Seeking Alpha Dec 18

Corvus Pharmaceuticals: Not Just A One-Hit Wonder In ITK Inhibitor Targeting

Summary Positive results released from phase 1 study, using 100 mg twice daily oral dosing soquelitinib for the treatment of patients with Atopic Dermatitis; Several other cohorts testing higher dosing. The global atopic dermatitis market size is projected to reach $22.6 billion by 2031. Corvus is developing next-generation ITK inhibitors which are going to offer a more tailored approach to targeting specific immunological disorders. The company received a $12.7 million cash infusion from warrant exercises, bolstering its financial position and future development. Read the full article on Seeking Alpha
Seeking Alpha Nov 13

Corvus Pharmaceuticals: The Market Likes The Story

Summary Today, we take a look at Corvus Pharmaceuticals, whose stock has rocketed from under $2 a share this summer to around ten bucks a share. The company is advancing a couple of intriguing candidates within its developmental pipeline and recently kicked off a pivotal Phase 3 registrational study. Can the rally continue as the market increasingly buys into the story around Corvus, or is some profit taking on the horizon? An analysis around Corvus Pharmaceuticals follows in the paragraphs below. Read the full article on Seeking Alpha
Seeking Alpha Sep 02

Corvus Pharmaceuticals: Soquelitinib's High Stakes In PTCL Therapy

Summary Corvus Pharmaceuticals is advancing soquelitinib, an ITK inhibitor, for peripheral T-cell lymphoma with a Phase 3 trial expected to start soon. Soquelitinib has shown promising Phase 1 data, particularly in patients with fewer prior therapies, but results in heavily pretreated patients are less encouraging. The drug's novel mechanism targets T-cell signaling to promote antitumor immunity, differentiating it from other treatments in PTCL. While soquelitinib's potential in PTCL is notable, the stock is best rated as a "hold" due to high uncertainty and the need for more conclusive clinical data. Read the full article on Seeking Alpha
Analysis Article Mar 06

Will Corvus Pharmaceuticals (NASDAQ:CRVS) Spend Its Cash Wisely?

Just because a business does not make any money, does not mean that the stock will go down. Indeed, Corvus...
Analysis Article Oct 23

Here's Why We're Watching Corvus Pharmaceuticals' (NASDAQ:CRVS) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. For example, although...
Analysis Article May 16

Is Corvus Pharmaceuticals (NASDAQ:CRVS) In A Good Position To Invest In Growth?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Dec 05

Here's Why We're Watching Corvus Pharmaceuticals' (NASDAQ:CRVS) Cash Burn Situation

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Seeking Alpha Sep 26

Corvus' partner Angel Pharma gets nod to start phase 1/1b trial of cancer therapy in China

Clinical-stage biopharma Corvus Pharmaceuticals (NASDAQ:CRVS) on Monday said an investigational new drug application to start a phase 1/1b trial of monoclonal antibody mupadolimab had been approved by China's drug regulator. The study was approved by the Center for Drug Evaluation of the China National Medical Products Administration, and will be conducted by Angel Pharmaceuticals, CRVS' partner in the Asian country. Mupadolimab is being evaluated for the treatment of patients with relapsed refractory non-small cell lung cancer and head and neck squamous cell cancers. Angel Pharma, a privately-held biopharma, was co-founded by CRVS to develop its pipeline in greater China. Angel Pharma licensed the rights from CRVS to develop, make and commercialize mupadolimab in greater China, Corvus (CRVS) said in a statement. CRVS stock +5% to $0.76 after hours.
Analysis Article Aug 14

We're Keeping An Eye On Corvus Pharmaceuticals' (NASDAQ:CRVS) Cash Burn Rate

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article Apr 05

Companies Like Corvus Pharmaceuticals (NASDAQ:CRVS) Are In A Position To Invest In Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Analysis Article Dec 15

We're Hopeful That Corvus Pharmaceuticals (NASDAQ:CRVS) Will Use Its Cash Wisely

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Seeking Alpha Dec 10

Checking In On Corvus Pharmaceuticals

Today, we look at Corvus Pharmaceuticals, a company that has multiple candidates in development. The stock has had a roller coaster ride so far in 2021. A full investment analysis is presented in the paragraphs below.
Seeking Alpha Sep 22

Corvus: Surging On AstraZeneca CD73 Success With Key Data Readout Looming

Corvus stock has made spectacular gains across the past week, rising from a price of $2.3 to $8.5 - a 270% gain. Last week, AstraZeneca's Oleclumab - an anti-CD73 therapy - substantially improved the risk of death in combo with IMFINZI in NSCLC. Corvus' Mupadolimab is an anti-CD73 monoclonal antibody and hopes are high that it can show similar efficacy to Oleclumab. Corvus recently discontinued the development of Mupadolimab as a COVID therapy and resumed trials of the drug in head and neck cancer. Data from that trial, and an expansion cohort in combo with Merck's Keytruda, ought to read out this year - a potentially exciting catalyst. Corvus deserves its recent uplift, in my view, but still has much to prove.
Analysis Article Aug 26

We Think Corvus Pharmaceuticals (NASDAQ:CRVS) Can Afford To Drive Business Growth

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article May 08

Is Corvus Pharmaceuticals (NASDAQ:CRVS) In A Good Position To Deliver On Growth Plans?

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article Feb 19

The Co-Founder of Corvus Pharmaceuticals, Inc. (NASDAQ:CRVS), Richard Miller, Just Bought 8.5% More Shares

Investors who take an interest in Corvus Pharmaceuticals, Inc. ( NASDAQ:CRVS ) should definitely note that the...
Analysis Article Feb 07

Here's Why We're Watching Corvus Pharmaceuticals' (NASDAQ:CRVS) Cash Burn Situation

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Dec 16

Here's What Corvus Pharmaceuticals, Inc.'s (NASDAQ:CRVS) Shareholder Ownership Structure Looks Like

Every investor in Corvus Pharmaceuticals, Inc. ( NASDAQ:CRVS ) should be aware of the most powerful shareholder groups...

Shareholder Returns

CRVSUS BiotechsUS Market
7D-20.8%-1.6%-0.3%
1Y241.0%34.3%24.0%

Return vs Industry: CRVS exceeded the US Biotechs industry which returned 34.3% over the past year.

Return vs Market: CRVS exceeded the US Market which returned 24% over the past year.

Price Volatility

Is CRVS's price volatile compared to industry and market?
CRVS volatility
CRVS Average Weekly Movement11.2%
Biotechs Industry Average Movement10.8%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.1%

Stable Share Price: CRVS's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: CRVS's weekly volatility has decreased from 26% to 11% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201437Rick Millerwww.corvuspharma.com

Corvus Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, engages in the development of product candidates that precisely target proteins that are critical to immune cell maturation and function in the United States. The company’s lead product candidate is soquelitinib (CPI-818), a selective covalent inhibitor of interleukin 2 inducible T cell kinase (ITK), which is in a multi-center Phase 1b/2 clinical trial for the treatment of peripheral T cell lymphoma, atopic dermatitis, hidradenitis suppurativa, autoimmune lymphoproliferative syndrome, and solid tumors monotherapy, and asthma, diseases. It also developing ciforadenant (CPI-444), an oral small molecule antagonist of the A2A receptor that is in Phase 2 clinical trial for the treatment of first line renal cell cancer; and mupadolimab (CPI-006), a humanized monoclonal antibody, which is in Phase 1 clinical trial for the treatment of non-small cell lung cancer.

Corvus Pharmaceuticals, Inc. Fundamentals Summary

How do Corvus Pharmaceuticals's earnings and revenue compare to its market cap?
CRVS fundamental statistics
Market capUS$1.04b
Earnings (TTM)-US$44.17m
Revenue (TTM)n/a
0.0x
P/S Ratio
-23.4x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CRVS income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$44.17m
Earnings-US$44.17m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.53
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did CRVS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/17 12:30
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Corvus Pharmaceuticals, Inc. is covered by 13 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Etzer DaroutBarclays
Dane LeoneBTIG
Li Wang WatsekCantor Fitzgerald & Co.