SORRENTO THERAPEUTICS INC (SRNE) Stock Price & Overview

NASDAQ:SRNE • US83587F2020

0.3073 USD
-0.08 (-20.26%)
At close: Feb 22, 2023
0.2801 USD
-0.03 (-8.85%)
After Hours: 2/22/2023, 8:27:19 PM

The current stock price of SRNE is 0.3073 USD. Today SRNE is down by -20.26%. In the past month the price decreased by -69.57%. In the past year, price decreased by -88.14%.

SRNE Key Statistics

52-Week Range0.161 - 3.09
Current SRNE stock price positioned within its 52-week range.
1-Month Range0.161 - 1.08
Current SRNE stock price positioned within its 1-month range.
Market Cap
145.009M
P/E
N/A
Fwd P/E
N/A
EPS (TTM)
-1.43
Dividend Yield
N/A

SRNE Stock Performance

Today
-20.26%
1 Week
+55.59%
1 Month
-69.57%
3 Months
-77.24%
Longer-term
6 Months -85.01%
1 Year -88.14%
2 Years N/A
3 Years N/A
5 Years N/A
10 Years N/A

SRNE Stock Chart

SORRENTO THERAPEUTICS INC / SRNE Daily stock chart

SRNE Technical Analysis

ChartMill assigns a technical rating of 0 / 10 to SRNE. When comparing the yearly performance of all stocks, SRNE is a bad performer in the overall market: 99.51% of all stocks are doing better.


Chartmill TA Rating
Chartmill Setup Rating
SRNE Full Technical Analysis Report

SRNE Fundamental Analysis

ChartMill assigns a fundamental rating of 2 / 10 to SRNE. SRNE may be in some trouble as it scores bad on both profitability and health.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend
SRNE Full Fundamental Analysis Report

SRNE Earnings

Next Earnings DateN/A
Last Earnings DateNov 8, 2022
PeriodQ3 / 2022
EPS Reported-$0.20
Revenue Reported
EPS Surprise 23.11%
Revenue Surprise 25.48%
SRNE Earnings History

SRNE Forecast & Estimates

9 analysts have analysed SRNE and the average price target is 7.82 USD. This implies a price increase of 2444.75% is expected in the next year compared to the current price of 0.3073.

For the next year, analysts expect an EPS growth of 15.83% and a revenue growth 3.85% for SRNE


Analysts
Analysts82.22
Price Target7.82 (2444.74%)
EPS Next Y15.83%
Revenue Next Year3.85%
SRNE Forecast & Estimates

SRNE Groups

Sector & Classification

Sub-Industry
Biotechnology
Index Membership

SRNE Financial Highlights

Over the last trailing twelve months SRNE reported a non-GAAP Earnings per Share(EPS) of -1.43. The EPS decreased by -20.17% compared to the year before.


Income Statements
Revenue(TTM)60.32M
Net Income(TTM)-493.57M
Industry RankSector Rank
PM (TTM) N/A
ROA N/A
ROE N/A
Debt/Equity 0.14
Chartmill High Growth Momentum
EPS Q2Q%50%
Sales Q2Q%44.25%
EPS 1Y (TTM)-20.17%
Revenue 1Y (TTM)-8.08%
SRNE financials

SRNE Ownership

Ownership
Inst Owners0.02%
Shares471.88M
Float462.88M
Ins Owners2.72%
Short Float %0.76%
Short Ratio0.09
SRNE Ownership

SRNE Competitors/Peers

The largest stocks on the US markets in the "Biotechnology" sub-industry
Full List
SymbolCompany NameTechnical RatingFundamental RatingFPEMarket Cap
ABBV ABBVIE INC15.33406.874B
AMGN AMGEN INC16.52199.203B
GILD GILEAD SCIENCES INC16.59178.678B
VRTX VERTEX PHARMACEUTICALS INC23.77116.013B
REGN REGENERON PHARMACEUTICALS16.7280.332B
ALNY ALNYLAM PHARMACEUTICALS INC43.3742.526B
INSM INSMED INC N/A30.205B
NTRA NATERA INC N/A28.081B
BIIB BIOGEN INC11.7127.132B
UTHR UNITED THERAPEUTICS CORP17.7220.958B
MRNA MODERNA INC N/A20.742B
EXAS EXACT SCIENCES CORP341.219.757B
RVMD REVOLUTION MEDICINES INC N/A19.5B

About SRNE

Company Profile

SRNE logo image Sorrento Therapeutics, Inc. engages in the research, development and manufacture of biopharmaceutical products. The company is headquartered in San Diego, California and currently employs 799 full-time employees. The company went IPO on 2007-01-19. The Company’s segments include Sorrento Therapeutics and Scilex. Sorrento Therapeutics segment is organized around Immune-Oncology therapeutic area, leveraging its G-MAB antibody library and targeted delivery modalities to generate cancer therapeutics. The Scilex segment is largely organized around its non-opioid pain management operations. The Company’s immuno-oncology platforms, including key assets such as fully human antibodies (G-MAB library), clinical- stage immuno-cellular therapies (CAR-T, DAR-T), antibody-drug conjugates (ADCs) and clinical-stage oncolytic virus (Seprehvir). The firm is also developing potential antiviral therapies and vaccines against coronaviruses, including Abivertinib, COVI-AMG, COVISHIELD, COVI-MSC and COVIDROPS, and diagnostic test solutions, including COVITRACK and COVISTIX.

Company Info

SORRENTO THERAPEUTICS INC

4955 Directors Place

San Diego CALIFORNIA 92121 US

CEO: Henry Ji

Employees: 799

SRNE Company Website

Phone: 18582034100.0

SORRENTO THERAPEUTICS INC / SRNE FAQ

What does SORRENTO THERAPEUTICS INC do?

Sorrento Therapeutics, Inc. engages in the research, development and manufacture of biopharmaceutical products. The company is headquartered in San Diego, California and currently employs 799 full-time employees. The company went IPO on 2007-01-19. The Company’s segments include Sorrento Therapeutics and Scilex. Sorrento Therapeutics segment is organized around Immune-Oncology therapeutic area, leveraging its G-MAB antibody library and targeted delivery modalities to generate cancer therapeutics. The Scilex segment is largely organized around its non-opioid pain management operations. The Company’s immuno-oncology platforms, including key assets such as fully human antibodies (G-MAB library), clinical- stage immuno-cellular therapies (CAR-T, DAR-T), antibody-drug conjugates (ADCs) and clinical-stage oncolytic virus (Seprehvir). The firm is also developing potential antiviral therapies and vaccines against coronaviruses, including Abivertinib, COVI-AMG, COVISHIELD, COVI-MSC and COVIDROPS, and diagnostic test solutions, including COVITRACK and COVISTIX.


Can you provide the latest stock price for SORRENTO THERAPEUTICS INC?

The current stock price of SRNE is 0.3073 USD. The price decreased by -20.26% in the last trading session.


Does SRNE stock pay dividends?

SRNE does not pay a dividend.


What is the ChartMill technical and fundamental rating of SRNE stock?

SRNE has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 2 out of 10.


What is the expected growth for SRNE stock?

The Revenue of SORRENTO THERAPEUTICS INC (SRNE) is expected to grow by 3.85% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.


Can you provide the ownership details for SRNE stock?

You can find the ownership structure of SORRENTO THERAPEUTICS INC (SRNE) on the Ownership tab.