
Corcept Therapeutics (CORT) Stock Forecast & Price Target
Corcept Therapeutics (CORT) Analyst Ratings
Bulls say
Corcept Therapeutics is set to experience significant growth in the upcoming years as its NDA for relacorilant in Cushing's syndrome has a high chance of being approved due to the positive results from its GRACE and GRADIENT trials. Additionally, the completed transition to the new pharmacy vendor for Korlym has led to record high patient starts, and we expect sales to continue improving in the next two quarters. Valuation models project an enterprise value of $9.8B and a potential price target of $95 per diluted share. However, risks such as commercial, clinical, regulatory, reimbursement, financial, legal, and intellectual property must be considered. The company reported 1Q26 revenues of $164.9M, which were lower than expected, but with the recent approval and launch of Lifyorli, management has raised their 2026 total revenue guidance and we believe the company is well positioned for success.
Bears say
Corcept Therapeutics is facing a negative outlook as the company's financial analyst has a 12-month price target of $95 per diluted share, a decrease from its previous target of $75. This is due to management announcing a resubmission for regulatory approval of relacorilant, which has moved the projected commercial launch date to 2027 from 2029. Risks to the price target include challenges in the commercial, clinical, regulatory, reimbursement, financial, legal, and intellectual property aspects, as well as potential setbacks in the industry. Moreover, while Lifyorli has shown promising early launch signals and the company has raised its revenue guidance for 2026, the cost per course of treatment for this drug is high, which may limit its accessibility and adoption by oncologists.
This aggregate rating is based on analysts' research of Corcept Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Corcept Therapeutics (CORT) Analyst Forecast & Price Prediction
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