Geron Corporation logo GERN - Geron Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 17
HOLD 5
SELL 0
STRONG
SELL
0
| PRICE TARGET: $5.89 DETAILS
HIGH: $8.00
LOW: $4.00
MEDIAN: $6.00
CONSENSUS: $5.89
UPSIDE: 360.16%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Revenue
Revenue 183.9 77.0 0.2 0.6 1.4 0.3 0.5 1.1 1.1 6.2 36.4 1.2 1.3 2.7 2.4 3.6 1.7 2.8 7.6 3.3 0.3 1.1 1.2 1.2 3.6 6.6 5.4 6.8 7.3 5.3
Cost of Revenue 4.7 1.3 0 0 0 50.1 51.3 12.7 8.4 14.7 9.6 8.9 9.1 25.2 0 0 0 0 0 0 0 0 0 0 0 (4.7) (3.7) (1.7) (1.6) (1.2)
Gross Profit 179.1 75.7 0.2 0.6 1.4 (49.8) (50.8) (11.7) (7.4) (8.5) 26.8 (7.7) (7.9) (22.5) 2.4 3.6 1.7 2.8 7.6 3.3 0.3 1.1 1.2 1.2 3.6 11.3 9.1 8.5 8.9 6.5
Operating Expenses
R&D Expenses 73.7 103.7 125.0 95.5 85.7 51.5 52.1 13.4 11.0 18.0 17.8 20.7 23.2 51.4 69.3 61.7 57.6 53.7 54.6 41.2 35.1 30.1 25.6 31.6 29.0 23.5 20.6 15.6 15.1 14.3
SG&A Expenses 159.3 145.7 69.1 43.6 29.7 27.1 21.7 18.7 19.3 18.8 17.8 16.8 15.6 20.4 23.8 18.0 14.3 16.2 15.8 9.4 8.8 7.1 5.8 5.4 9.6 9.3 5.6 3.8 3.1 3.2
Other Expenses 0 0 0 0 0 (51.5) (52.1) (0.2) 0 0 1.3 0 0 5.4 0 0 0 0 0 0 (5.9) 0 0 0 0 4.7 3.7 1.7 1.6 1.2
Operating Expenses 233.0 249.5 194.2 139.1 115.4 27.1 21.7 32.1 30.3 36.8 35.6 37.5 38.8 71.8 93.1 79.7 72.0 69.8 70.5 50.6 38 37.2 31.4 36.9 38.6 37.5 29.9 21.1 19.8 18.7
Operating Income
Operating Income (53.8) (173.7) (193.9) (138.6) (114.0) (76.9) (72.5) (31.1) (29.3) (30.6) (0.6) (36.3) (39.0) (71.8) (96.1) (111.2) (70.2) (67.0) (62.8) (47.4) (37.7) (81.3) (30.2) (35.7) (35.0) (26.2) (20.8) (12.6) (10.9) (12.2)
Interest Expense 32.7 18.5 8.3 6.9 3.7 0.8 0 0 0 0.1 0.1 0.1 0.1 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.5 0.7 0.7 0.8 1.0 12.3 0 0.9 0 0.4
Interest Income 18.1 19.6 18.2 2.5 0.5 1.8 4.2 3.3 1.4 1.2 0.7 0.4 1.0 3.1 1.0 2.0 1.4 5.5 10.8 8.7 4.7 1.6 1.8 2.5 5.9 5.9 0 0 0 0
Profitability
EBITDA (51.9) (154.8) (174.8) (134.2) (111.6) (76.8) (72.4) (27.0) (29.2) (30.6) 0.8 (35.6) (38.1) (67.8) (95.0) (109.7) (68.3) (59.9) (62.8) (47.4) (35.8) (32.2) (26.1) (31.1) (30.6) (21.6) (17.1) (10.9) (9.3) (11)
EBIT (53.1) (156.1) (175.8) (135.0) (112.4) (76.9) (72.5) (27.0) (29.3) (30.6) 0.1 (35.7) (38.4) (68.6) (96.6) (111.3) (70.2) (67.0) (62.8) (47.4) (37.7) (36.1) (30.2) (35.7) (35.0) (26.2) (20.8) (12.6) (10.9) (12.2)
Income Before Tax (85.8) (174.6) (184.1) (141.9) (116.1) (75.6) (68.5) (27.0) (27.9) (29.5) 0.0 (35.7) (38.4) (68.9) (96.9) (111.4) (70.2) (62.0) (36.7) (31.4) (33.5) (80.4) (29.9) 0 (46.9) 0 (44.2) (9.9) (9.1) (10.4)
Income Tax Expense 0 0 0 0 0 0 0 0 0 0 0 0.0 0.1 (0.6) 0 0 0 0 0 0 (4.2) 44.3 0 (1.8) 7.1 19.6 25.6 (1.8) (1.3) (1.5)
Net Income (85.8) (174.6) (184.1) (141.9) (116.1) (75.6) (68.5) (27.0) (27.9) (29.5) 0.0 (35.7) (38.4) (68.9) (96.9) (111.4) (70.2) (62.0) (36.7) (31.4) (33.5) (80.4) (29.9) (33.9) (42.1) (45.8) (46.4) (10.8) (9.6) (10.7)
Per Share Data
EPS (Basic) -0.13 -0.27 -0.32 -0.37 -0.37 -0.28 -0.33 -0.15 -0.18 -0.19 0.00 -0.23 -0.30 -0.54 -0.78 -1.14 -0.80 -0.79 -0.49 -0.47 -0.58 -1.79 -0.97 -1.37 -1.90 -2.20 -3.00 -0.94 -0.91 -2.08
EPS (Diluted) -0.13 -0.27 -0.32 -0.37 -0.37 -0.28 -0.33 -0.15 -0.18 -0.19 0.00 -0.23 -0.30 -0.54 -0.78 -1.14 -0.80 -0.79 -0.49 -0.47 -0.58 -1.79 -0.97 -1.37 -1.90 -2.20 -3.00 -0.94 -0.91 -1.38
Shares Outstanding 666.7 646.0 570.6 380.8 327.6 271.5 190.2 176.5 159.2 159.0 158.0 153.5 127.9 126.9 124.5 97.6 88.1 78.2 74.2 66.1 57.9 44.9 31.0 24.7 22.1 20.9 15.5 11.4 10.6 5.2
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996
Current Assets
Cash & Cash Equivalents 79.4 79.0 70.0 56.8 34.9 9.9 13.6 10.8 16.6 13.1 34.6 109.3 9.8 12.8 4.6 18.8 30.0 7.8 16.4 4.1 12.4
Short-Term Investments 280.4 327.6 263.7 115.9 148.9 186.3 125.7 152.7 78.4 102.0 77.0 53.5 110.1 96.4 42.4 50.2 3.0 0 0 0 0
Net Receivables 39.2 38.8 1.7 3.1 1.8 0.7 0.8 1.2 0.4 0.5 1.3 0.9 1.7 1.2 1.1 1.5 1.2 0.7 0.5 0.9 0
Inventory 0 38.7 0 0 0 0 0 (1.2) (0.4) (0.5) 0 0 0 0 0 0.5 0 0 0 0 0
Other Current Assets 121.2 6.9 6.0 4.4 0.4 0.4 0.3 0.3 0.3 0.3 0.8 0.8 0.5 0.5 0.5 0.7 0.4 31.9 8.9 18.5 12.6
Total Current Assets 520.3 491.0 341.3 180.2 187.2 199.9 141.6 166.1 96.0 116.1 117.8 168.2 124.8 111.8 50.8 71.7 34.6 40.4 25.8 23.5 25
Non-Current Assets
Property, Plant & Equipment 0.9 4.2 4.7 4.9 5.4 6.0 2.9 0.1 0.1 0.2 3.9 4.4 2.1 1.7 2.4 3.6 3.7 3.8 2.3 2.4 3
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 1.1 3.8 6.7 9.5 12.4 15.3 0 0 0
Long-Term Investments 41.3 94.5 43.3 0 28.7 63.4 19.7 18.6 14.2 14.0 56.0 1 0.5 0.4 0 0 0 0 0 0 0
Other Non-Current Assets 8.1 4.1 4.7 5.4 4.8 1.5 1.4 0.6 0 0 2.7 2.6 3.9 0.8 0.8 11.4 63.3 4.2 16.4 0.2 0.8
Total Non-Current Assets 50.3 102.8 52.7 10.3 38.8 70.9 23.9 19.2 14.3 14.1 62.6 8.0 7.1 6.3 9.9 24.5 79.4 23.3 18.7 2.6 3.8
Total Assets 570.5 593.8 394.1 190.6 226.0 270.7 165.5 185.3 110.3 130.2 180.4 176.2 131.9 118.1 60.7 96.2 114.0 63.7 44.5 26.1 28.8
Current Liabilities
Account Payables 11.3 8.6 6.2 10.2 6.7 6.9 1.2 1.0 0.5 0.2 2.2 2.4 2.5 1.3 1.6 1.3 1.5 1.3 1.2 0.7 0.8
Short-Term Debt 18.4 0 46.9 20.9 0 0 0 0 0 0 0 0 2.6 5.0 5.5 0.8 0.9 1.2 0.9 1 1.2
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0.7 0.0 0.5 0.2 0.5 0.8 0 0 0 0 0
Other Current Liabilities 80.8 43.2 13.8 11.5 8.1 8.2 4.8 3.6 2.4 0 0.9 1.2 0 0 0 4.4 5.7 5.4 1.5 2 1.6
Total Current Liabilities 111.5 88.3 108.1 76.7 45.5 30.9 28.2 7.6 6.5 7.9 7.5 7.7 8.5 9.8 9.4 10.3 8.1 7.9 3.6 3.7 3.6
Non-Current Liabilities
Long-Term Debt 231.7 118.5 35.1 30.2 49.8 24.0 0 0 0 0 0 0 0.6 1.2 20.5 16.6 32.4 17.1 8.1 1.3 1.6
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 (0.7) (0.8) 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 104.4 0 0 0 0 0 0 0 0 0 0 0 0.8 1.0 7.8 9.6 12.5 0 0 0
Total Non-Current Liabilities 233.1 225.2 38.1 33.9 54.1 28.8 2.2 0 0 0 0.3 0.1 1.4 2.0 21.5 24.4 42.0 29.6 8.1 1.3 1.6
Total Liabilities 344.7 313.5 146.1 110.6 99.6 59.8 30.4 7.6 6.5 7.9 7.8 7.8 9.8 11.8 30.9 34.7 50.1 37.5 11.7 5 5.2
Stockholders' Equity
Common Stock 0.6 0.6 0.5 0.4 0.3 0.3 0.2 0.2 0.2 0.2 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0 0 0 0
Retained Earnings (1,855.8) (1,772.3) (1,597.8) (1,413.6) (1,271.7) (1,155.6) (1,080.0) (1,011.5) (985.8) (957.9) (577.3) (506.9) (336.1) (255.7) (225.8) (191.9) (149.8) (104) (57.5) (46.1) (36.5)
Accumulated Other Comprehensive Income 0.3 0.3 0.2 (0.2) (0.2) 0.1 0.1 (0.2) (0.2) (0.1) (0.4) 0.0 (0.9) (0.7) (0.6) (0.2) (0.3) (1) (4.8) (3.7) (2.5)
Total Stockholders' Equity 225.9 280.3 247.9 80.0 126.4 210.9 135.2 177.7 103.8 122.4 172.6 168.5 122.1 106.3 29.7 61.5 63.9 26.2 32.8 21.1 23.6
Total Liabilities & Equity 570.5 593.8 394.1 190.6 226.0 270.7 165.5 185.3 110.3 130.2 180.4 176.2 131.9 118.1 60.7 96.2 114.0 63.7 44.5 26.1 28.8
Debt Metrics
Total Debt 251.6 121.7 85.9 55.8 55.0 29.7 2.6 0 0 0 0 0 3.2 6.2 26.0 17.4 33.4 18.3 9 2.3 2.8
Net Debt 172.1 42.7 15.9 (1.1) 20.1 19.8 (11.1) (10.8) (16.6) (13.1) (34.6) (109.3) (6.6) (6.6) 21.4 (1.4) 3.4 10.5 (7.4) (1.8) (9.6)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Operating Activities
Net Income (85.8) (174.6) (184.1) (141.9) (116.1) (75.6) (68.5) (27.0) (27.9) (29.5) (33.5) (80.4) (29.9) (33.9) (42.1) (32.6) (46.4) (10.8) (9.6) (10.7)
Depreciation & Amortization 1.2 1.2 1.0 0.9 0.8 0.9 0.8 0.1 0.1 0.1 3.7 3.9 4.1 4.6 4.4 4.7 3.7 1.7 1.6 1.2
Stock-Based Compensation 0.1 31.3 19.4 8.0 8.1 6.9 6.1 6.4 8.1 8.2 (0.2) 0.1 0.1 0 0 0 0 0 0 0
Change in Working Capital (68.5) (68.4) 6.1 5.0 10.5 0.4 19.1 (0.2) (1.4) 2.1 4.1 (1.6) (0.0) (4.4) (1.7) (1.5) (0.8) 0.5 (1.6) (0.5)
Other Non-Cash Items 42.0 (8.2) (10.1) 0.6 1.0 0.3 0.1 0.2 0.2 0.2 (0.0) 52.2 (0.1) 2.4 17.0 15.8 29.9 0.8 1.7 0.1
Operating Cash Flow (111.0) (218.6) (167.7) (127.4) (95.6) (66.7) (43.8) (21.0) (20.6) (18.4) (20.6) (25.9) (24.4) (31.3) (22.4) (13.6) (13.6) (7.8) (7.9) (9.9)
Investing Activities
Capital Expenditure (0.0) (0.7) (0.8) (0.4) (0.2) (0.4) (0.4) (0.0) 0 (0.1) (1.6) (1.5) (0.4) (0.3) (1.1) (1.2) (2.7) (1) (0.7) (1.1)
Acquisitions 0 0 179.5 (1.2) 1.6 0.3 (27.8) 0 0 0.0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (304.4) (476.9) (475.6) (258.0) (177.4) (313.2) (153.5) (188.4) (100.0) (129.2) (129.3) (110.2) (107.7) (31.6) (54.5) (62.3) (31.3) (28.4) (27) (24.5)
Sales/Maturities of Investments 411.7 371.6 296.1 320.5 249.6 208.3 181.3 110.7 123.0 138.1 143.9 93.6 53.6 49.2 59.5 32.0 20.1 21.8 21.5 15.6
Other Investing Activities 0 0 (179.5) 1.2 (1.6) (0.3) 27.8 (77.7) 23.0 (0.0) 0 0 0 0 0 0 1 0 (0.1) 0
Investing Cash Flow 107.2 (106.0) (180.3) 62.1 71.9 (105.3) 27.4 (77.7) 23.0 8.8 13.0 (18.2) (54.5) 17.3 3.9 (31.5) (12.9) (7.6) (6.3) (10)
Financing Activities
Net Debt Issuance 0 34.6 29.7 0 24.9 23.9 0 0 0 0 (0.1) (0.2) (0.4) (0.4) (0.8) 24.0 20.7 7.4 (0.5) (1)
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (3.7) 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 0 159.1 119.0 17.3 3.3 0.2 0.2 7.0 0.1 1.2 0 0 0 0 0 0 0.1 0 (0.1) 1.1
Financing Cash Flow 2.3 334.4 362.0 87.3 48.6 168.3 19.5 93.0 1.1 1.2 94.4 41.1 87.2 (0.1) 7.3 67.3 18 27.6 5.9 19.8
Cash Position
Net Change in Cash (1.4) 9.7 13.9 22.0 24.9 (3.6) 3.1 (5.8) 3.5 (8.4) 86.8 (3.0) 8.2 (14.2) (11.2) 22.1 (8.6) 12.2 (8.3) (0.1)
Cash at Beginning 80.9 71.1 57.2 35.2 10.3 13.9 10.8 16.6 12.8 21.2 9.8 12.8 4.6 18.8 30.0 7.8 16.4 4.1 12.4 12.5
Cash at End 79.4 80.9 71.1 57.2 35.2 10.3 13.9 10.8 16.3 12.8 96.6 9.8 12.8 4.6 18.8 30.0 7.8 16.3 4.1 12.4
Free Cash Flow (111.1) (219.3) (168.6) (127.8) (95.8) (67.1) (44.2) (21.0) (20.6) (18.4) (22.3) (27.5) (24.8) (31.7) (23.5) (14.8) (16.3) (8.8) (8.6) (11)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Income Statement
Revenue 183.9 77.0 0.2 0.6 1.4 0.3 0.5 1.1 1.1 6.2 36.4 1.2 1.3 2.7 2.4 3.6 1.7 2.8 7.6 3.3 0.3 1.1 1.2 1.2 3.6 6.6 5.4 6.8 7.3 5.3
Gross Profit 179.1 75.7 0.2 0.6 1.4 (49.8) (50.8) (11.7) (7.4) (8.5) 26.8 (7.7) (7.9) (22.5) 2.4 3.6 1.7 2.8 7.6 3.3 0.3 1.1 1.2 1.2 3.6 11.3 9.1 8.5 8.9 6.5
Operating Income (53.8) (173.7) (193.9) (138.6) (114.0) (76.9) (72.5) (31.1) (29.3) (30.6) (0.6) (36.3) (39.0) (71.8) (96.1) (111.2) (70.2) (67.0) (62.8) (47.4) (37.7) (81.3) (30.2) (35.7) (35.0) (26.2) (20.8) (12.6) (10.9) (12.2)
Net Income (85.8) (174.6) (184.1) (141.9) (116.1) (75.6) (68.5) (27.0) (27.9) (29.5) 0.0 (35.7) (38.4) (68.9) (96.9) (111.4) (70.2) (62.0) (36.7) (31.4) (33.5) (80.4) (29.9) (33.9) (42.1) (45.8) (46.4) (10.8) (9.6) (10.7)
EPS (Diluted) -0.13 -0.27 -0.32 -0.37 -0.37 -0.28 -0.33 -0.15 -0.18 -0.19 0.00 -0.23 -0.30 -0.54 -0.78 -1.14 -0.80 -0.79 -0.49 -0.47 -0.58 -1.79 -0.97 -1.37 -1.90 -2.20 -3.00 -0.94 -0.91 -1.38
Balance Sheet
Cash & Equivalents 79.4 79.0 70.0 56.8 34.9 9.9 13.6 10.8 16.6 13.1 34.6 109.3 9.8 12.8 4.6 18.8 30.0 7.8 16.4 4.1 12.4
Total Assets 570.5 593.8 394.1 190.6 226.0 270.7 165.5 185.3 110.3 130.2 180.4 176.2 131.9 118.1 60.7 96.2 114.0 63.7 44.5 26.1 28.8
Total Debt 251.6 121.7 85.9 55.8 55.0 29.7 2.6 0 0 0 0 0 3.2 6.2 26.0 17.4 33.4 18.3 9 2.3 2.8
Stockholders' Equity 225.9 280.3 247.9 80.0 126.4 210.9 135.2 177.7 103.8 122.4 172.6 168.5 122.1 106.3 29.7 61.5 63.9 26.2 32.8 21.1 23.6
Cash Flow
Operating Cash Flow (111.0) (218.6) (167.7) (127.4) (95.6) (66.7) (43.8) (21.0) (20.6) (18.4) (20.6) (25.9) (24.4) (31.3) (22.4) (13.6) (13.6) (7.8) (7.9) (9.9)
Capital Expenditure (0.0) (0.7) (0.8) (0.4) (0.2) (0.4) (0.4) (0.0) 0 (0.1) (1.6) (1.5) (0.4) (0.3) (1.1) (1.2) (2.7) (1) (0.7) (1.1)
Free Cash Flow (111.1) (219.3) (168.6) (127.8) (95.8) (67.1) (44.2) (21.0) (20.6) (18.4) (22.3) (27.5) (24.8) (31.7) (23.5) (14.8) (16.3) (8.8) (8.6) (11)