Vera Therapeutics, Inc.

VERA Healthcare Biotechnology

EPS
−26.7%
Free cash flow
−82.5%
Total debt
+1.03%

Quarter to June 2026, against a year earlier

30.60 0.46 +1.53%
Market cap
$2.2B
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 0.25
Sold, $m 8.44
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy 1 — — — — — — — — — — —
Sell 3 — 7 — 1 1 1 1 — 2 — —
Insider Ownership 18.55%

Capital & Financial Ratios $m

Size
Market Cap 2,170.00
Revenue ttm —
Net income ttm (401.89)
Free cash flow ttm (338.91)
Net debt Q (423.93)
Valuation
P/E 0.00
Forward P/E —
Price / sales 0.00
Forward P/S Powerpack
Price / FCF 0.00
Price / book 5.34
Financial health
Current ratio Q 10.92 (at or above 1.5: strong)
Debt / equity Q 0.18 (at or below 0.5: strong)
Interest coverage Q (60.87)
Growth
Revenue growth Q —
Operating income growth Q −40.37% (below 0%: shrinking)
EPS, this year −31.67% (below 0%: weak)
EPS, next year A +35.09% (at or above 15%: strong)
Revenue, next year A —
EPS, past 5 yrs —
EPS, next 5 yrs A +49.04% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/B against its own 10 years 67.21%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 161 641 715 499
Receivables — — — —
Inventory — — — —
Other — — — —
172 651 729 527
2023 2024 2025 Q'26
Payables 11 8 22 15
ST’ Debt — — — —
Other — — — —
22 25 53 48

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 64.47% 98.83%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (1.69) (1.52) — — —
’25 (0.81) (1.20) (1.26) (1.39) (4.66)
’24 (0.56) (0.62) (0.85) (0.72) (2.75)
’23 (0.80) (0.46) (0.45) (0.58) (2.25)
’22 (0.71) (0.55) (0.91) (1.19) (3.35)
’21 (12.23) (0.33) (0.36) (0.79) (2.43)
’20 (7.79) (11.10) (13.68) (134.36) (166.93)
Fiscal quarters ending in the months shown.

Revenue $m

Year
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (106) (100) — — —
’25 (54) (55) (62) (70) (241)
’24 (34) (25) (37) (39) (135)
’23 (26) (18) (23) (25) (92)
’22 (9) (19) (18) (21) (68)
’21 (4) (8) (5) (6) (24)
’20 (2) (3) (2) (27) (35)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (107) (100) — — —
’25 (55) (55) (62) (70) (242)
’24 (34) (25) (37) (40) (136)
’23 (26) (18) (23) (25) (92)
’22 (9) (19) (18) (21) (68)
’21 (4) (8) (5) (11) (29)
’20 (2) (3) (2) (27) (35)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — — — — — — 0 2 6 +394.1%
Gross margin, % — — — 0.00 0.00 0.00 0.00 — — — 0.00 0.0 pt
EBT — — — (12) (53) (33) (89) (96) (152) (300) (402) +71.3%
EBT margin, % — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
Net income — 0 — (12) (53) (33) (89) (96) (152) (300) (402) n/m
Per share, $
Per share, $ Revenue — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 n/m
Earnings — — — (40.13) (166.93) (2.43) (3.35) (2.25) (2.75) (4.66) (5.86) (30.2%)
Cash flow — — — (34.84) (108.78) (1.76) (2.54) (2.16) (2.43) (3.75) (4.71) (31.0%)
Capex — — — (0.42) (0.13) (0.37) 0.00 0.00 (0.02) (0.01) 0.00 (46.6%)
Free cash flow — — — (35.27) (108.91) (2.14) (2.55) (2.16) (2.45) (3.76) (4.72) (31.1%)
Book value — — — 12.01 156.96 5.18 2.89 2.38 10.43 9.41 5.68 (4.0%)
Shares, m — — — 0 0 13 27 43 55 64 68 +145.2%
Valuation, ×
Valuation, × P/E — — — — — — — — — — 0 —
P/S — — — — — — — — — — 0 —
P/B — — — — — — — — — — 0 —
EV/Sales — — — — — — — — — — 0 —
EV/FCF — — — — — — — — — — 0 —
Cash, $m
Cash, $m Operating cash flow — — — (10) (35) (24) (68) (92) (135) (241) (339) +69.2%
Capex — — — 0 0 (5) 0 0 (1) (1) 0 +30.9%
Free cash flow — — — (10) (35) (29) (68) (92) (136) (242) (339) +68.9%
Balance, $m
Balance, $m Working capital — — — 3 52 75 100 150 626 675 479 +154.2%
Net debt — — — (3) (54) (75) (90) (111) (590) (640) (424) +142.0%
Shareholders’ equity — — — 4 50 70 77 102 577 605 408 +135.5%
Returns, %
Returns, % ROA — — — (440.59) (178.24) (47.16) (82.77) (62.54) (36.61) (43.10) (72.32) +397.5 pt
ROIC — — — (2,065.09) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 +2,065.1 pt
ROE — — — 18.83 84.85 330.12 (121.58) (107.50) (44.83) (50.71) (91.75) (69.5) pt
People
People Employees — — — — 8 17 46 51 112 249 — +98.9%
Revenue/emp, $m — — — — 0.00 0.00 0.00 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Vera Therapeutics, Inc. vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ADMA ADMA Biologics Inc $3.0B 16.7× 14.0× +5.12% (above 0%: growing) +46.67% (above 0%: growing) +1,709.49% (above 0%: growing) 70.81% 48.02% Compare
VCEL Vericel Corporation $2.7B 77.8× 72.9× +26.47% (above 0%: growing) +180.00% (above 0%: growing) −19.39% (below 0%: shrinking) 73.34% 14.27% Compare
PVLA Palvella Therapeutics, Inc. $2.3B — (loss-making) — (loss-making) −99.09% (below 0%: shrinking) n/m −136.38% (below 0%: shrinking) 100.00% 0.00% Compare
CLDX Celldex Therapeutics, Inc. $2.2B — (loss-making) — (loss-making) −96.83% (below 0%: shrinking) n/m −35.45% (below 0%: shrinking) 100.00% (366,468.18%) Compare
LKFT Lakefront Biotherapeutics - Sponsored ADR $2.2B — (loss-making) — (loss-making) −95.35% (below 0%: shrinking) +198.85% (above 0%: growing) +18.22% (above 0%: growing) 25.95% (982.91%) Compare
VERA Vera Therapeutics, Inc. $2.2B — (loss-making) — — n/m −82.47% (below 0%: shrinking) 0.00% 0.00%
AUPH Aurinia Pharmaceuticals Inc $2.2B 6.8× 17.6× +13.93% (above 0%: growing) 0.00% +4.41% (above 0%: growing) 90.08% 40.74% Compare
IMNM Immunome, Inc. $2.1B — (loss-making) — (loss-making) +69.84% (above 0%: growing) n/m −26.96% (below 0%: shrinking) 100.00% 0.00% Compare
BHVN Biohaven Ltd. $2.1B — (loss-making) — (loss-making) +131.43% (above 0%: growing) n/m +26.55% (above 0%: growing) 0.00% 0.00% Compare
Median of peers $2.2B 16.7× 17.6× +9.53% +113.34% −7.49% 81.71% 0.00%

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 9 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 6.99m 9.13m 261.70
2024 5.65m 31.24m 218.55
2023 3.43m 1.99m 79.48

Ownership

Directors and executive officers, together 15.90%
Avoro Capital Advisors LLC 7.80%
T. Rowe Price Associates, Inc. 7.60%
Patrick Enright 7.60%
Entities affiliated with Longitude Venture Partners IV, L.P. 7.50%
Deep Track Capital, LP 5.50%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Vera Therapeutics, Inc. (VERA) Latest News

6 Nov

Impact 4 · · The Motley Fool transcript

VERA metrics, ten years each

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