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Healthcare - Biotechnology - NASDAQ - US
$ 0.3053
0.792 %
$ 38 M
Market Cap
-0.55
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MRSN stock under the worst case scenario is HIDDEN Compared to the current market price of 0.305 USD, Mersana Therapeutics, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MRSN stock under the base case scenario is HIDDEN Compared to the current market price of 0.305 USD, Mersana Therapeutics, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MRSN stock under the best case scenario is HIDDEN Compared to the current market price of 0.305 USD, Mersana Therapeutics, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MRSN

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$3.0$3.0$2.5$2.5$2.0$2.0$1.5$1.5$1.0$1.0$0.5$0.5$0.0$0.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
40.5 M REVENUE
9.88%
-73.3 M OPERATING INCOME
57.10%
-69.2 M NET INCOME
59.69%
-82.3 M OPERATING CASH FLOW
51.24%
11.4 M INVESTING CASH FLOW
-90.46%
4.09 M FINANCING CASH FLOW
-95.68%
16.4 M REVENUE
29.87%
0 OPERATING INCOME
100.00%
-14.1 M NET INCOME
-22.75%
-19.3 M OPERATING CASH FLOW
-124.45%
50 M INVESTING CASH FLOW
75.62%
-1.87 M FINANCING CASH FLOW
-8017.39%
Balance Sheet Mersana Therapeutics, Inc.
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Current Assets 137 M
Cash & Short-Term Investments 135 M
Receivables 0
Other Current Assets 2.28 M
Non-Current Assets 7.76 M
Long-Term Investments 0
PP&E 6.78 M
Other Non-Current Assets 978 K
93.06 %4.69 %Total Assets$144.7m
Current Liabilities 62.5 M
Accounts Payable 4.33 M
Short-Term Debt 16.4 M
Other Current Liabilities 41.8 M
Non-Current Liabilities 91.7 M
Long-Term Debt 1.29 M
Other Non-Current Liabilities 90.4 M
2.81 %10.61 %27.09 %58.65 %Total Liabilities$154.2m
EFFICIENCY
Earnings Waterfall Mersana Therapeutics, Inc.
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Revenue 40.5 M
Cost Of Revenue 0
Gross Profit 40.5 M
Operating Expenses 114 M
Operating Income -73.3 M
Other Expenses -4.14 M
Net Income -69.2 M
60m60m40m40m20m20m00(20m)(20m)(40m)(40m)(60m)(60m)(80m)(80m)40m040m(114m)(73m)4m(69m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
-181.09% OPERATING MARGIN
-181.09%
-170.86% NET MARGIN
-170.86%
727.65% ROE
727.65%
-47.83% ROA
-47.83%
-74.86% ROIC
-74.86%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Mersana Therapeutics, Inc.
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50m50m00(50m)(50m)(100m)(100m)(150m)(150m)(200m)(200m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -69.2 M
Depreciation & Amortization 1.63 M
Capital Expenditures -132 K
Stock-Based Compensation 16.5 M
Change in Working Capital -30.7 M
Others -28.4 M
Free Cash Flow -82.5 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Mersana Therapeutics, Inc.
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Wall Street analysts predict an average 1-year price target for MRSN of $3 , with forecasts ranging from a low of $3 to a high of $3 .
MRSN Lowest Price Target Wall Street Target
3 USD 882.64%
MRSN Average Price Target Wall Street Target
3 USD 882.64%
MRSN Highest Price Target Wall Street Target
3 USD 882.64%
Price
Max Price Target
Min Price Target
Average Price Target
444433332222111100May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 18
6. Ownership
Insider Ownership Mersana Therapeutics, Inc.
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Sold
0-3 MONTHS
51.3 K USD 7
3-6 MONTHS
3.58 K USD 1
6-9 MONTHS
214 K USD 6
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Mersana Therapeutics Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) CAMBRIDGE, Mass., April 04, 2025 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ:MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that on April 1, 2025, an authorized sub-committee of the Board of Directors of Mersana granted an inducement award, consisting of a restricted stock unit (RSU) award to acquire 26,790 shares of its common stock, to one new employee whose employment commenced in March 2025. The award was granted as an inducement material to the new employee entering employment with Mersana in accordance with Nasdaq Listing Rule 5635(c)(4). globenewswire.com - 1 week ago
Mersana Therapeutics Announces Upcoming Oral Presentation of Emi-Le Clinical Data at European Society for Medical Oncology (ESMO) Breast Cancer 2025 Annual Congress CAMBRIDGE, Mass., April 01, 2025 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that Phase 1 dose escalation and backfill cohort clinical data for emiltatug ledadotin (Emi-Le; XMT-1660) will be presented in an oral session at the ESMO Breast Cancer 2025 Annual Congress, which is being held from May 14-17, 2025, in Munich, Germany. globenewswire.com - 1 week ago
Mersana Therapeutics, Inc. (MRSN) Reports Q4 Loss, Tops Revenue Estimates Mersana Therapeutics, Inc. (MRSN) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.16 per share a year ago. zacks.com - 1 month ago
Mersana Therapeutics Provides Business Update and Announces Fourth Quarter and Full Year 2024 Financial Results CAMBRIDGE, Mass., March 03, 2025 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today provided a business update and reported financial results for the fourth quarter and full year ended December 31, 2024. globenewswire.com - 1 month ago
Mersana Therapeutics to Present at Upcoming Investor Conferences CAMBRIDGE, Mass., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that members of management will participate in the following upcoming investor events: globenewswire.com - 1 month ago
Mersana Therapeutics to Host Fourth Quarter and Year End 2024 Conference Call on March 3, 2025 CAMBRIDGE, Mass., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that it will provide business updates and report its financial results for the fourth quarter and full year ended December 31, 2024 on Monday, March 3, 2025. The company will host a conference call and webcast at 8:00 a.m. Eastern Time that morning. globenewswire.com - 1 month ago
Mersana Therapeutics Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) CAMBRIDGE, Mass., Feb. 07, 2025 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ:MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that on February 3, 2025, the Compensation Committee of the Board of Directors of Mersana granted an inducement award, consisting of a restricted stock unit (RSU) award to acquire 20,610 shares of its common stock, to one new employee whose employment commenced in January 2025. The award was granted as an inducement material to the new employee entering employment with Mersana in accordance with Nasdaq Listing Rule 5635(c)(4). globenewswire.com - 2 months ago
Mersana Therapeutics to Participate in the Guggenheim SMID Cap Biotech Conference CAMBRIDGE, Mass., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that members of management will participate in a fireside chat at the Guggenheim SMID Cap Biotech Conference on February 6, 2025 at 1:30 p.m. ET. A live webcast of this event will be available on the Investors & Media section of Mersana's website at www.mersana.com, and an archived replay will be available for approximately 90 days following the event. globenewswire.com - 2 months ago
Why Is Cancer-Focused Mersana Therapeutics Stock Trading Lower On Friday? On Friday, Mersana Therapeutics Inc. MRSN released initial data from the Phase 1 dose escalation and backfill cohorts for emiltatug ledadotin. benzinga.com - 3 months ago
Mersana Therapeutics Announces Additional FDA Fast Track Designation Granted to Emiltatug Ledadotin (XMT-1660) Conference call to discuss positive initial Phase 1 clinical data today at 8:30 a.m. ET Conference call to discuss positive initial Phase 1 clinical data today at 8:30 a.m. ET globenewswire.com - 3 months ago
Mersana Therapeutics Announces Positive Initial Clinical Data from Phase 1 Clinical Trial of Emiltatug Ledadotin (XMT-1660); Initiation of Expansion in Triple Negative Breast Cancer - Emiltatug ledadotin observed to be generally well tolerated with differentiated safety and tolerability profile - Promising clinical activity observed in patients with triple-negative breast cancer (TNBC) previously treated with topoisomerase-1 inhibitor (topo-1) ADCs; confirmed responses observed across all enrolled tumor types - First expansion cohort initiated in patients with TNBC previously treated with at least one topo-1 ADC; dose exploration efforts ongoing - Company announces expected 2025 milestones and areas of focus - Conference call today at 8:30 a.m. ET globenewswire.com - 3 months ago
Mersana Therapeutics: We're About To Find Out If ADC Platform Is More Tolerable Mersana Therapeutics is developing novel antibody-drug conjugates targeting a heretofore untapped immune checkpoint, as well as HER2 from another angle. The company has an operational runway of 6-7 quarters excluding collaboration revenues. The promise of phase 1 trial data gives us a chance to see if Mersana's ADC platform can make drugs that are more tolerable than those being developed by competitors. seekingalpha.com - 3 months ago
8. Profile Summary

Mersana Therapeutics, Inc. MRSN

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 38 M
Dividend Yield 0.00%
Description Mersana Therapeutics, Inc., a clinical stage biopharmaceutical company, develops antibody drug conjugates (ADC) for cancer patients with unmet need. It develops XMT-1592, a Dolasynthen ADC targeting NaPi2b-expressing tumor cells, which is in phase I clinical trial for the treatment of ovarian cancer and NSCLC adenocarcinoma. The company also develops XMT-1660, a B7-H4-targeted Dolasynthen ADC candidate; and XMT-2056, an immunosynthen development candidate. It has a strategic research and development partnerships with Merck KGaA and Asana BioSciences, LLC for the development of ADC product candidates utilizing Fleximer. The company was formerly known as Nanopharma Corp. and changed its name to Mersana Therapeutics, Inc. in November 2005. Mersana Therapeutics, Inc. was incorporated in 2001 and is headquartered in Cambridge, Massachusetts.
Contact 840 Memorial Drive, Cambridge, MA, 02139 https://www.mersana.com
IPO Date June 28, 2017
Employees 102
Officers Mr. Mohan Bala Ph.D. Senior Vice President & Chief Development Officer Dr. Martin H. Huber M.D. President, Chief Executive Officer & Director Mr. Mikhail Papisov Ph.D. Co-Founder Mr. Ashish Mandelia Vice President & Chief Accounting Officer Mr. Jason Fredette Senior Vice President of Investor Relations & Corporate Communications Mr. Brian C. DeSchuytner Senior Vice President, Chief Financial Officer & Chief Operating Officer Mr. Chuck Miller Senior Vice President of Regulatory Affairs Dr. Timothy B. Lowinger Ph.D. Senior Vice President and Chief Science & Technology Officer Ms. Alejandra Veronica Carvajal J.D. Senior Vice President, Secretary & Chief Legal Officer Dr. Marc Damelin Ph.D. Exe. Director and Head of Biology, Oncology, Antibody-Drug Conjugate ADC Discovery & Develop.