Logo image of SRNE

SORRENTO THERAPEUTICS INC (SRNE) Stock Price, Forecast & Analysis

USA - Nasdaq - NASDAQ:SRNE - US83587F2020 - Common Stock

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

SRNE Key Statistics, Chart & Performance

Key Statistics
Market Cap145.01M
Revenue(TTM)60.32M
Net Income(TTM)-493.57M
Shares471.88M
Float462.88M
52 Week High3.09
52 Week Low0.16
Yearly DividendN/A
Dividend YieldN/A
EPS(TTM)-1.43
PEN/A
Fwd PEN/A
Earnings (Next)N/A N/A
IPO2007-01-19
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS SubIndustryBiotechnology


SRNE short term performance overview.The bars show the price performance of SRNE in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 50 -50

SRNE long term performance overview.The bars show the price performance of SRNE in the last 1, 2 and 3 years. 1 year 2 years 3 years -20 -40 -60 -80

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

SORRENTO THERAPEUTICS INC / SRNE Daily stock chart

SRNE Competitors/Peers

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VRTX VERTEX PHARMACEUTICALS INC 26.98 118.84B
REGN REGENERON PHARMACEUTICALS 17.25 81.61B
ALNY ALNYLAM PHARMACEUTICALS INC 796.86 53.69B
INSM INSMED INC N/A 37.34B
NTRA NATERA INC N/A 34.33B
BIIB BIOGEN INC 10.91 26.79B
UTHR UNITED THERAPEUTICS CORP 19.05 21.65B
INCY INCYTE CORP 16.61 20.94B
EXAS EXACT SCIENCES CORP N/A 19.29B

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.


SRNE Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

SRNE Fundamental Analysis

ChartMill assigns a fundamental rating of 2 / 10 to SRNE. Both the profitability and financial health of SRNE have multiple concerns.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

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.


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 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 Ownership

Ownership
Inst Owners0.02%
Ins Owners2.72%
Short Float %0.76%
Short Ratio0.09