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Keros Therapeutics (KROS) Soars 5.1%: Is Further Upside Left in the Stock?
KROSKeros Therapeutics(KROS) ZACKS·2025-01-22 14:55

Company Overview - Keros Therapeutics, Inc. (KROS) shares increased by 5.1% to close at 11.41,followingasignificanttradingvolumecomparedtonormalsessions,despitea36.611.41, following a significant trading volume compared to normal sessions, despite a 36.6% loss over the past four weeks [1] Recent Developments - The global development and commercialization license agreement with Takeda for elritercept became effective on January 16, 2025, with Takeda set to make an upfront payment of 200 million to Keros Therapeutics, potentially contributing to the recent share price rally [2] Financial Expectations - Keros Therapeutics is expected to report a quarterly loss of 0.93pershare,reflectingayearoveryearincreaseof30.60.93 per share, reflecting a year-over-year increase of 30.6%, while revenues are projected to be 105.25 million, a substantial increase of 75078.6% from the same quarter last year [3] - The consensus EPS estimate for the quarter has been revised 2.7% higher in the last 30 days, indicating a positive trend that may lead to price appreciation [4] Industry Context - Keros Therapeutics operates within the Zacks Medical - Biomedical and Genetics industry, where another company, Revolution Medicines, Inc. (RVMD), experienced a 0.3% decline to $40.16, with a return of -8.3% over the past month [4]