Aug. 11 at 1:32 PM
$CERS I believe these are great reasons to be here and we have a gap to fill on the daily at 2.84ish and continue past 3.
Cathie Wood recently purchased 87,357 shares of Cerus Corp (CERS) for ARK InvestStrong Fundamental Momentum and currently holds roughly 19.2 million shares.
In its recent Q2 2026 earnings report, Cerus reported that revenue grew 10% year-over-year to
$63.3 million.
Raised Guidance: Management felt confident enough to raise full-year 2026 product revenue guidance to a range of
$229 million to
$231 million.
Improved Financial Health: The company achieved its eighth consecutive quarter of positive adjusted EBITDA and successfully refinanced its debt, cutting annual interest expenses by up to
$3.5 million.
Catalysts on the Horizon: Cerus recently submitted its INT200 platelet application to the FDA, with a potential approval window opening in the first half of 2027.
Recent upgrade from BTIG to Buy on 5/1/2026.
