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Wedbush Brokers Lower Earnings Estimates for Chimerix

Chimerix logo with Medical background

Chimerix, Inc. (NASDAQ:CMRX - Free Report) - Analysts at Wedbush lowered their Q2 2025 EPS estimates for Chimerix in a note issued to investors on Monday, December 9th. Wedbush analyst D. Nierengarten now anticipates that the biopharmaceutical company will post earnings per share of ($0.27) for the quarter, down from their prior estimate of ($0.26). Wedbush currently has a "Outperform" rating and a $6.00 target price on the stock. The consensus estimate for Chimerix's current full-year earnings is ($0.99) per share. Wedbush also issued estimates for Chimerix's Q3 2025 earnings at ($0.28) EPS, Q4 2025 earnings at $0.28 EPS, FY2025 earnings at ($1.09) EPS, FY2026 earnings at ($0.94) EPS and FY2027 earnings at ($0.04) EPS.

Several other equities analysts have also recently commented on CMRX. StockNews.com raised shares of Chimerix from a "sell" rating to a "hold" rating in a research report on Wednesday, August 21st. HC Wainwright reaffirmed a "buy" rating and set a $11.00 target price on shares of Chimerix in a report on Wednesday.

Read Our Latest Stock Report on Chimerix

Chimerix Trading Up 3.0 %

CMRX stock traded up $0.09 during mid-day trading on Thursday, hitting $3.07. 5,420,714 shares of the company were exchanged, compared to its average volume of 1,244,142. The firm has a fifty day simple moving average of $0.99 and a 200 day simple moving average of $0.93. The company has a market capitalization of $276.12 million, a PE ratio of -3.40 and a beta of 1.02. Chimerix has a twelve month low of $0.75 and a twelve month high of $3.39.

Institutional Investors Weigh In On Chimerix

Institutional investors have recently modified their holdings of the business. Connor Clark & Lunn Investment Management Ltd. boosted its stake in Chimerix by 66.8% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 344,712 shares of the biopharmaceutical company's stock valued at $321,000 after acquiring an additional 138,098 shares during the period. Marshall Wace LLP acquired a new stake in shares of Chimerix during the 2nd quarter worth approximately $137,000. Finally, Valeo Financial Advisors LLC lifted its holdings in shares of Chimerix by 566.9% in the 3rd quarter. Valeo Financial Advisors LLC now owns 81,766 shares of the biopharmaceutical company's stock worth $76,000 after purchasing an additional 69,505 shares during the last quarter. Institutional investors own 45.42% of the company's stock.

About Chimerix

(Get Free Report)

Chimerix, Inc, a biopharmaceutical company, develops medicines to improve and extend the lives of patients facing deadly diseases. Its pipeline products include ONC201 a program that is in Phase 3 clinical trial for treating patients with H3 K27M-mutant diffuse glioma, as well as in Phase 2 clinical trial for the treatment of rare neuroendocrine tumors; and ONC206, an imipridone, Dopamine Receptor D2 (DRD2) antagonist, and caseinolytic protease P (ClpP) agonist, which is in Phase 1 clinical trial for adult and pediatric patients with primary central nervous system tumors.

See Also

Earnings History and Estimates for Chimerix (NASDAQ:CMRX)

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