Cocrystal Pharma Q3 loss narrows

Reuters11-14
<a href="https://laohu8.com/S/COCP">Cocrystal Pharma</a> Q3 loss narrows

Overview

  • Cocrystal Pharma Q3 net loss decreases to $2 mln from $4.9 mln yr/yr

  • Company received FDA clearance for CDI-988 Phase 1b norovirus study starting Q1 2026

  • Company granted NIH SBIR award to advance influenza A/B replication inhibitor program

Outlook

  • Company to start Phase 1b norovirus study in Q1 2026

  • Company received NIH SBIR award for influenza A/B program

Result Drivers

  • Research and development (R&D) expenses for the third quarter of 2025 were $954,000, compared with $3.2 million for the third quarter of 2024

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Net Income

-$2.05 mln

Q3 Basic EPS

-$0.19

Q3 Operating Expenses

$2.09 mln

Q3 Operating Income

-$2.09 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the biotechnology & medical research peer group is "buy"

  • Wall Street's median 12-month price target for Cocrystal Pharma Inc is $8.00, about 87.1% above its November 13 closing price of $1.03

Press Release: ID:nGNX14KPYm

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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