Keros Therapeutics, Inc.

Keros Therapeutics, Inc.

KROSยทNASDAQ

$10.77

+2.1%
HealthcareBiotechnology

Keros Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of novel treatments for patients suffering from hematological and musculoskeletal disorders with high unmet medical need. The company's lead protein therapeutic product candidate is KER-050, which is being developed for the treatment of low blood cell counts, or cytopenias, including anemia and thrombocytopenia in patients with myelodysplastic syndromes, and in patients with myelofibrosis. It is also developing small molecule product candidate KER-047 that is being developed for the treatment of anemia, and is currently in Phase 1 clinical trial; and KER-012, which is in Phase 1 clinical trial to treat disorders associated with bone loss, such as osteoporosis and osteogenesis imperfecta, and for the treatment of pulmonary arterial hypertension. The company was incorporated in 2015 and is headquartered in Lexington, Massachusetts.

At a Glance

Live Snapshot
Market Cap$344.62M
EPS2.3400
P/E Ratio4.60
Earnings Date08/05/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is compressed (P/E 4.6).

Valuation inputs: P/E 4.6, earnings yield +21.7%, momentum +2.1%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is strong (ROE +28.7%, ROIC +20.9%).

Profitability stack: net margin +35.6%, ROE +28.7%, ROIC +20.9%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile looks controlled across current risk inputs.

Risk factors: liabilities/assets +10.3%, momentum +2.1%, net margin +35.6%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Keros Therapeutics, Inc. Market vs Earnings Trajectory

KROS ยท NASDAQ

Loading price and EPS data...

Keros Therapeutics, Inc.

Keros Therapeutics, Inc. Fair Value Envelope

KROS ยท NASDAQ

Our analysis suggests that KROS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $10.77, this represents a potential HIDDEN relative to our calculated worth for Keros Therapeutics, Inc..

Intrinsic Value
Current Price: $10.77
3Y-156.0%
5Y-180.0%
10Y-1660.0%
3Y-
5Y-
10Y+2341.0%
3Y-183.0%
5Y-292.0%
10Y-6618.0%
3Y-253.0%
5Y-391.0%
10Y+1427.0%
3Y-249.0%
5Y-385.0%
10Y+1452.0%
3Y+10.0%
5Y+25.0%
10Y+1133.0%
Keros Therapeutics, Inc.

Keros Therapeutics, Inc. Profit Bridge

KROS ยท NASDAQ
Revenue244.06M
Cost of Goods Sold (1.51M)
Gross Profit242.55M
Operating Expenses (171.93M)
Operating Income70.62M
Interest Expense (0.00)
Other Income/Expense21.27M
Pretax Income91.90M
Income Tax (4.88M)
Net Income87.01M
Net Income
87.01M

Profitability Analysis

Gross Margin

99.4%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

28.9%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

35.7%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

5.3%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

99.38%
Gross Profit Margin
-1%
3Y-
5Y-
10Y-9053.0%
28.94%
Operating Profit Margin
-100%
3Y-
5Y-
10Y-271.0%
35.65%
Net Profit Margin
-101%
3Y-
5Y-
10Y-367.0%
28.71%
Return on Equity
-188%
3Y-176.0%
5Y-266.0%
10Y-374.0%
25.74%
Return on Assets
-185%
3Y-175.0%
5Y-253.0%
10Y-629.0%
20.90%
Return on Invested Capital
-159%
3Y-153.0%
5Y-218.0%
10Y-261.0%
KROS

Keros Therapeutics, Inc. Cash Conversion Engine

KROS ยท NASDAQ
Net Income87.01M
Depreciation & Amortization1.51M
Stock-Based Compensation28.70M
Change in Working Capital-12.11M
Others2.40M
Capital Expenditures-1.55M
Free Cash Flow105.95M

Cash Flow Quality Analysis

FCF Conversion Rate

121.8%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

1.4%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+165.1%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$12.11M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

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Keros Therapeutics, Inc. Funding & Solvency Profile

KROS ยท NASDAQ
Cash & Cash Equivalents281.50M
Net Receivables2.65M
Inventory0.00
Other Current Assets6.53M
Total Current Assets291 M
Property, Plant & Equipment20.17M
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets1.45M
Total Non-Current Assets22 M
Total Assets
312.29M

Financial Health Analysis

Current Ratio

22.62x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.09x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

278 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

93% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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Keros Therapeutics, Inc. Street Expectations Map

KROS ยท NASDAQ

Wall Street analysts project that KROS stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 102.60, with estimates ranging from a low of 96.00 to a high of 107.00.

Lowest Target
96.00
791.36%
Consensus Target
102.60
852.65%
Highest Target
107.00
893.50%

The consensus 1-year price target stands at 102.60, with estimates ranging from a low of 96.00 to a high of 107.00.

Analyst Consensus Analysis

Upside Potential

+852.6%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

10.7% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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Keros Therapeutics, Inc. Insider Positioning

KROS ยท NASDAQ

During the last 12 months, insiders have purchased $45K and sold $16.28M worth of KROS shares, resulting in $16.24M of net selling activity.

3 Months

Bought

4.0K

44.70K

Sold

0

0.00

Net Activity

+45K

+$45K

3-6 Months

Bought

0

0.00

Sold

20.4K

331.82K

Net Activity

-332K

-$332K

6-9 Months

Bought

0

0.00

Sold

898.6K

15.95M

Net Activity

-16.0M

-$15.95M

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
BJJ

Bienaime Jean Jacques

Director

4.0K sharesโ€ข3 transactions

$45K

Top Sellers

1
ACML

Adar1 Capital Management, Llc

10 Percent Owner

743.4K sharesโ€ข1 transactions

$13.19M

2
PM4G(L

Pontifax Management 4 G.P. (2015) Ltd.

10 Percent Owner

155.3K sharesโ€ข1 transactions

$2.76M

3
SJ

Seehra Jasbir

Director, Officer: Chief Executive Officer

7.0K sharesโ€ข1 transactions

$113K

4
CE

Cho Esther

Officer: Svp, General Counsel

4.7K sharesโ€ข1 transactions

$78K

5
RK

Regnante Keith

Officer: Chief Financial Officer

4.7K sharesโ€ข1 transactions

$77K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $16.24M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$45K

Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.

Insider Participation

High Selling

5 insider sellers vs. 1 buyers. Widespread selling across multiple insiders may signal concerns.

No Dividend Yield Data

KROS has not reported any dividend yield values in the available annual periods.

ย 

kros Dividend History

KROS
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%