Cerus Corporation (CERS) Stock Price & Analysis

Cerus Corporation (CERS) closed at USD 2.31 on Thursday, October 22, 2026, down 3.35% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 2.39; the Oct 22, 2026 session ranged USD 2.29–2.41 on volume of 1,627,051 shares. Market capitalization is $465.52M, with a 52-week range of USD 1.38–3.47 (NGM). Source: Nexqual, retrieved October 23, 2026 at 10:38 UTC.

Also available as compact Markdown for AI agents: nexqual.com/CERS.md

Key facts (CERS)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (CERS)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$160M$188M$187M$201M$234M—
Operating income-$48.9M-$34.1M-$30.1M-$14.2M-$8.7M-$1.6M
Net income-$54.4M-$42.8M-$37.5M-$20.9M-$15.6M-$6.8M
EPS (diluted)-$0.32-$0.24-$0.21-$0.11-$0.08—
Free cash flow-$34.8M-$27.6M-$47.8M$8.5M$1.1M-$1.8M
Operating margin-30.7%-18.1%-16.1%-7.1%-3.7%—
Net margin-34.1%-22.7%-20.1%-10.4%-6.7%—
Revenue growth+39.6%+18.1%-0.8%+7.8%+16.1%—
Cash + short-term investments$129M$102M$65.9M$80.5M$82.9M—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (CERS)

P/B 6.7x · FCF yield -0.39% · Earnings yield -1.46%

Insider sales (SEC Form 4, open-market, last ~7 months) (CERS)

8 of 9 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-08-17Jensen ChrystalChief Legal Officer30,000$90K3.1%YesRoutine (sold in Mar each year 2023–2025; this trade is outside those months)
2026-07-16Jayaraman Vivek KChief Executive Officer16,666$53K0.7%YesRoutine (sold in Mar each year 2023–2025; this trade is outside those months)
2026-06-30Green Kevin DennisChief Financial Officer33,676$99K3.1%YesRoutine (sold in Mar each year 2023–2025; this trade is outside those months)
2026-06-30Jayaraman Vivek KChief Operating Officer42,359$125K1.8%YesRoutine (sold in Mar each year 2023–2025; this trade is outside those months)
2026-06-30Jensen ChrystalChief Legal Officer24,329$72K2.5%YesRoutine (sold in Mar each year 2023–2025; this trade is outside those months)
2026-06-30Greenman William MarinerPresident and CEO101,919$300K2%YesRoutine (sold in Mar each year 2023–2025; this trade is outside those months)
2026-06-09Bjerkholt EricDirector20,454$53K7.2%NoToo little history (no open-market trades in 2025)
2026-05-29Jayaraman Vivek KChief Operating Officer16,667$50K1%YesRoutine (sold in Mar each year 2023–2025; this trade is outside those months)
2026-05-01Jayaraman Vivek KChief Operating Officer16,667$50K1%YesRoutine (sold in Mar each year 2023–2025; this trade is outside those months)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (CERS)

Consensus Buy (mean 2.00 on a 1–5 scale), 4 analysts; mean target USD 5.13 (low 4, high 6.5).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-08-20Freedom BrokerInitiatedBuy$6.5

Total return (dividends reinvested) (CERS)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return+53.0%-63.0%
S&P 500 (SPY)+14.9%+80.3%
Per year+53.2%-18.0%
Volatility (annualized)75.7%64.4%
Max drawdown-38.3% (Jan 2026→Mar 2026)-84.7% (Nov 2021→Aug 2025)

CERS suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
SupplierPorex“Components of the compound adsorption devices used in our platelet and plasma disposable kits are manufactured by many third-parties, including, Porex Corporation, or Porex.”
SupplierFresenius Kabi“For example, Fresenius is our sole supplier for the manufacture of finished disposable kits for the platelet and plasma systems.”
SupplierPurolite“We also have an amended and restated supply agreement with Purolite LLC, formerly Purolite Corporation, or Purolite, for the supply of raw materials used to make the compound adsorption devices.”
SupplierAsh Stevens“We operate with an amended manufacturing and supply agreement with Piramal, formerly, Ash Stevens, Inc., for the synthesis of amotosalen, the inactivation compound used in our platelet and plasma systems.”
CustomerTerumo“Our ability to commercialize our products in certain markets, particularly in Japan, may be negatively affected by Terumo's resources and their pre-existing relationships with regulators and customers.”
PartnerShandong Zhongbaokang Medical Implements“In February 2021, we entered into an Equity Joint Venture Contract with Shandong Zhongbaokang Medical Implements Co., Ltd., or ZBK, to establish Cerus Zhongbaokang (Shandong) Biomedical Co., LTD., which we refer to as the JV, for the purpose of developing, obtaining regulatory approval for, and eventual manufacturing and commercialization of the INTERCEPT blood transfusion for platelets and red blood cells in the …”

Quoted from the company's 10-K filed Mar 2, 2026.

CERS company outlook (results filed Jul 30, 2026)

Quoted word-for-word from the SEC 8-K results press release.

CERS analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$-0.01$-0.01+50.0%$61.1M2
Next quarter (ends Dec 2026)$-0.01$0.00—$66.2M2
Current fiscal year (ends Dec 2026)$-0.04$-0.03+50.0%$249.1M2
Next fiscal year (ends Dec 2027)$-0.01$0.00—$271.5M2

Key Statistics (as of October 23, 2026 at 10:38 UTC)

PriceUSD 2.31
Change▼ 3.35% (down)
Previous CloseUSD 2.39
OpenUSD 2.39
Day RangeUSD 2.29 – 2.41
52-Week RangeUSD 1.38 – 3.47
Volume1,627,051 shares
Market Cap$465.52M
ExchangeNGM

Technical Analysis (CERS)

Nexqual's technical model rates CERS "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 10:38 UTC.

Overall SignalSTRONG SELL
RSI (14)45.6 (neutral)
vs SMA50Below (USD 2.53)
MACD-0.07 (negative)

Analyst Ratings (CERS)

Wall Street analysts rate CERS "Buy" based on 4 analysts, with a mean price target of USD 5.13 (range USD 4–6.5), per Nexqual as of October 23, 2026 at 10:38 UTC.

Consensus RatingBuy
Analyst Count4
Mean TargetUSD 5.13
High TargetUSD 6.5
Low TargetUSD 4
Buy / Hold / Sell4 / 0 / 0

Earnings (CERS)

Next Earnings Date2026-11-02
EPS EstimateUSD -0.02
Revenue Estimate$61.10M

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD -0.01 vs est -0.01 ▲ beat
2026-03-31USD -0.01 vs est -0.04 ▲ beat
2025-12-31USD -0.01 vs est -0.01 ▼ miss
2025-09-30USD 0 vs est -0.03 ▲ beat

Source: Nexqual, October 23, 2026 at 10:38 UTC.

Financials & Fundamentals (CERS)

Total Revenue$221.55M
Revenue Growth (latest quarter, YoY)+9.50%
Gross Margin+52.05%
Operating Margin-3.23%
Profit Margin-3.06%
ROE-10.77%
Debt / Equity1.09
Current Ratio1.83
Total Cash$56.26M
Total Debt$76.80M
Free Cash Flow (fiscal year ended Dec 2025, SEC 10-K)$1.11M (0.5% of revenue)

Source: Nexqual, October 23, 2026 at 10:38 UTC.

Financial Health Score (CERS)

Nexqual rates Cerus Corporation's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 10:38 UTC.

GrowthSolid — Revenue +14% YoY (annual)
ProfitabilityMixed — Gross margin 52%, operating -3% (last 12 months)
Balance SheetMixed — $56M cash vs $77M debt
Cash FlowMixed — FCF $1M (FY ended Dec 2025, 10-K), slim 0.5% margin
EfficiencyCritical — ROE -11%, ROA -0.5%

Ownership (CERS)

Insider Ownership+3.61%
Institutional Ownership+73.06%
Shares Outstanding201.52M
Float195.35M
Short % of Float+8.98%

Source: Nexqual, October 23, 2026 at 10:38 UTC.

Leadership (CERS)

Cerus Corporation is led by Vivek K. Jayaraman, CEO, President & Director, per Nexqual as of October 23, 2026 at 10:38 UTC.

CEO, President & DirectorVivek K. Jayaraman
Executive Chairman of the BoardWilliam M. Greenman
VP of Finance & CFOKevin D. Green
Vice President of AdministrationBianca Vos
Vice President of Global MarketingLainie Corten

Major Backers & Investors (CERS)

Notable institutional backers of Cerus Corporation include ARK Invest, Baker Bros. Advisors, LP, Shaw D.E. & Co., Inc., according to Nexqual as of October 23, 2026 at 10:38 UTC.

Active Investors

InvestorStake
ARK Invest8.9%
Baker Bros. Advisors, LP3.17%
Shaw D.E. & Co., Inc.2.72%
Senvest Management LLC2.29%
Acadian Asset Management. LLC2.12%
Sumitomo Mitsui Trust Group, Inc.2.05%

Index Funds (Passive)

FundStake
BlackRock11.02%
Vanguard Group4.25%
Geode Capital2.54%
State Street2.36%

Source: Nexqual, October 23, 2026 at 10:38 UTC.

From Cerus Corporation's Latest SEC 10-K Filing (filed 2026-03-02)

Key Strengths & Strategy (as disclosed to the SEC)

Partnerships

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

SymbolNamePriceChange
ATECAlphatec Holdings, Inc.USD 11.36▲ 4.6%
BFLYButterfly Network, Inc.USD 6.81▼ 4.08%
ESTAEstablishment Labs Holdings IncUSD 63.52▲ 1.99%
ALMRAlamar Biosciences, Inc.USD 29.72▼ 5.5%
INSPInspire Medical Systems, Inc.USD 72.66▲ 2.24%
AXGNAxoGen, Inc.USD 36.68▲ 0.55%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:38 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt