OMER Chart
About

Omeros Corporation, a clinical-stage biopharmaceutical company, discovers, develops, and commercializes small-molecule and protein therapeutics, and orphan indications targeting immunologic diseases. The company's lead products candidate is the Narsoplimab (OMS721/MASP-2) for the treatment of hematopoietic stem-cell transplant-associated thrombotic microangiopathy (TA-TMA); and in Phase II clinical trial to treat COVID-19 and acute respiratory distress syndrome. It also develops OMS1029 that has completed phase I clinical trials for mannan-binding lectin-associated serine protease 2 (MASP-2) and lectin pathway disorders; zaltenibart that is in phase 3 clinical trials for Paroxysmal nocturnal hemoglobinuria; in phase 2 clinical trial for the treatment complement 3 glomerulopathy, and other alternative pathway disorders; and OMS527 that is in phase I clinical trials for addictions and compulsive disorders, and movement disorders, as well as cocaine use disorder. In addition, the company's products under preclinical development comprise MASP-2, a pro-inflammatory protein target for the treatment of lectin pathway disorders; MASP-3 small-molecule inhibitors for alternative pathway disorders; and Adoptive T-Cell and Immunostimulator Combination Therapies, and Oncotoxins and Immunomodulators for the treatment of various cancers. Omeros Corporation was incorporated in 1994 and is headquartered in Seattle, Washington.

Fundamentals
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Sector Healthcare Industry Biotechnology Market Cap 808.97M
Enterprise Value 1.15B Income -121.24M Sales —
Book/sh -3.15 Cash/sh 0.51 Dividend Yield —
Payout 0.00% Employees 202 IPO —
P/E — Forward P/E 23.45 PEG —
P/S — P/B -3.63 P/C —
EV/EBITDA -8.93 EV/Sales — Quick Ratio 0.53
Current Ratio 0.89 Debt/Eq — LT Debt/Eq —
EPS (ttm) -2.02 EPS next Y 0.49 EPS Growth —
Revenue Growth — Earnings 2026-03-31 ROA -32.41%
ROE — ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 70.90M
Shs Float 68.23M Short Float 25.85% Short Ratio 6.51
Short Interest — 52W High 17.65 52W Low 2.95
Beta 2.45 Avg Volume 2.41M Volume 338.50K
Target Price $38.00 Recom Buy Prev Close $11.55
Price $11.41 Change -1.21%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$38.00
Mean price target
2. Current target
$11.55
Latest analyst target
3. DCF / Fair value
$-18.16
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$11.55
Low
$36.00
High
$40.00
Mean
$38.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-27 main D. Boral Capital Buy → Buy $36
2026-01-08 main HC Wainwright & Co. Buy → Buy $40
2026-01-08 main D. Boral Capital Buy → Buy $36
2025-12-24 main D. Boral Capital Buy → Buy $36
2025-12-01 main D. Boral Capital Buy → Buy $36
2025-11-14 main D. Boral Capital Buy → Buy $36
2025-10-16 main D. Boral Capital Buy → Buy $36
2025-10-15 reit Needham Hold → Hold —
2025-10-15 reit WBB Securities Strong Buy → Strong Buy $45
2025-10-15 main HC Wainwright & Co. Buy → Buy $20
2025-10-15 main D. Boral Capital Buy → Buy $36
2025-09-03 main D. Boral Capital Buy → Buy $36
2025-08-15 main D. Boral Capital Buy → Buy $36
2025-08-15 reit Needham Hold → Hold —
2025-07-25 main D. Boral Capital Buy → Buy $36
2025-06-30 main D. Boral Capital Buy → Buy $36
2025-06-10 init HC Wainwright & Co. — → Buy $9
2025-05-16 reit Needham Hold → Hold —
2025-05-13 main D. Boral Capital Buy → Buy $36
2025-05-07 main D. Boral Capital Buy → Buy $36
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 400000 4108000 — Conversion of Exercise of derivative security at price 10.27 per share. DEMOPULOS GREGORY A. M.D. Chief Executive Officer — 2026-02-18 00:00:00 D
1 30000 91800 — Conversion of Exercise of derivative security at price 3.06 per share. BORGES DAVID J. Officer — 2026-01-13 00:00:00 D
2 60000 750915 — Sale at price 12.31 - 12.72 per share. BORGES DAVID J. Officer — 2026-01-13 00:00:00 D
3 600000 — — Stock Gift at price 0.00 per share. DEMOPULOS GREGORY A. M.D. Chief Executive Officer — 2025-10-13 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.010.000.000.00
NormalizedEBITDA-157.00M-147.27M-158.38M-170.49M
TotalUnusualItems0.004.11M0.000.00
TotalUnusualItemsExcludingGoodwill0.004.11M0.000.00
NetIncomeFromContinuingOperationNetMinorityInterest-182.63M-174.92M-182.03M-191.55M
ReconciledDepreciation950.00K920.00K952.00K1.39M
ReconciledCostOfRevenue0.00
EBITDA-157.00M-143.16M-158.38M-170.49M
EBIT-157.95M-144.08M-159.33M-171.88M
NetInterestIncome-13.37M-14.50M-18.64M-17.93M
InterestExpense24.68M30.84M22.70M19.67M
InterestIncome11.30M16.34M4.06M1.74M
NormalizedIncome-182.63M-179.03M-182.03M-191.55M
NetIncomeFromContinuingAndDiscontinuedOperation-156.81M-117.81M47.42M194.24M
TotalExpenses169.26M164.53M163.39M173.62M
TotalOperatingIncomeAsReported-169.26M-164.53M-163.39M-173.62M
DilutedAverageShares58.17M62.74M62.74M62.34M
BasicAverageShares58.17M62.74M62.74M62.34M
DilutedEPS-2.70-1.880.763.12
BasicEPS-2.70-1.880.763.12
DilutedNIAvailtoComStockholders-156.81M-117.81M47.42M194.24M
NetIncomeCommonStockholders-156.81M-117.81M47.42M194.24M
NetIncome-156.81M-117.81M47.42M194.24M
NetIncomeIncludingNoncontrollingInterests-156.81M-117.81M47.42M194.24M
NetIncomeDiscontinuousOperations25.81M57.11M229.45M385.78M
NetIncomeContinuousOperations-182.63M-174.92M-182.03M-191.55M
TaxProvision0.000.00
PretaxIncome-182.63M-174.92M-182.03M-191.55M
OtherIncomeExpense4.11M1.74M
OtherNonOperatingIncomeExpenses1.74M
SpecialIncomeCharges0.004.11M0.000.00
OtherSpecialCharges-4.11M
NetNonOperatingInterestIncomeExpense-13.37M-14.50M-18.64M-17.93M
InterestExpenseNonOperating24.68M30.84M22.70M19.67M
InterestIncomeNonOperating11.30M16.34M4.06M1.74M
OperatingIncome-169.26M-164.53M-163.39M-173.62M
OperatingExpense169.26M164.53M163.39M173.62M
ResearchAndDevelopment119.52M114.87M112.72M118.78M
SellingGeneralAndAdministration49.73M49.66M50.67M54.84M
GeneralAndAdministrativeExpense49.73M49.66M50.67M54.84M
OtherGandA43.38M42.52M42.63M46.69M
SalariesAndWages6.36M7.14M8.04M8.15M
GrossProfit0.00
CostOfRevenue0.00
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber58.04M61.13M62.83M62.63M
ShareIssued58.04M61.13M62.83M62.63M
NetDebt184.18M206.05M304.28M212.65M
TotalDebt207.02M236.46M342.02M347.84M
TangibleBookValue-182.61M-24.98M85.68M23.78M
InvestedCapital4.97M188.17M400.97M337.24M
WorkingCapital54.59M164.58M306.85M196.17M
NetTangibleAssets-182.61M-24.98M85.68M23.78M
CapitalLeaseObligations19.44M23.30M26.74M34.38M
CommonStockEquity-182.61M-24.98M85.68M23.78M
TotalCapitalization-16.03M188.17M306.59M337.24M
TotalEquityGrossMinorityInterest-182.61M-24.98M85.68M23.78M
StockholdersEquity-182.61M-24.98M85.68M23.78M
RetainedEarnings-910.35M-753.53M-635.72M-683.13M
AdditionalPaidInCapital727.16M727.94M720.77M706.29M
CapitalStock580.00K611.00K628.00K626.00K
CommonStock580.00K611.00K628.00K626.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest459.69M403.25M505.29M395.49M
TotalNonCurrentLiabilitiesNetMinorityInterest380.16M349.94M368.90M343.70M
OtherNonCurrentLiabilities195.61M116.55M125.13M
NonCurrentAccruedExpenses4.50M2.09M444.00K1.11M
LongTermDebtAndCapitalLeaseObligation180.05M231.30M243.33M342.58M
LongTermCapitalLeaseObligation13.47M18.14M22.43M29.13M
LongTermDebt166.58M213.16M220.91M313.46M
CurrentLiabilities79.53M53.32M136.38M51.79M
OtherCurrentLiabilities20.64M8.58M1.15M
CurrentDebtAndCapitalLeaseObligation26.97M5.16M98.69M5.25M
CurrentCapitalLeaseObligation5.97M5.16M4.31M5.25M
CurrentDebt21.00M94.38M
OtherCurrentBorrowings21.00M94.38M
PensionandOtherPostRetirementBenefitPlansCurrent8.87M7.38M6.67M3.71M
PayablesAndAccruedExpenses23.04M32.20M29.88M42.83M
CurrentAccruedExpenses17.14M24.49M23.89M29.09M
InterestPayable2.67M4.24M5.17M5.17M
Payables5.91M7.71M5.99M13.74M
TotalTaxPayable4.87M338.00K
IncomeTaxPayable4.87M338.00K
AccountsPayable5.91M7.71M5.99M13.40M
TotalAssets277.08M378.27M590.97M419.27M
TotalNonCurrentAssets142.96M160.37M147.73M171.31M
OtherNonCurrentAssets1.05M1.05M1.05M1.05M
NonCurrentPrepaidAssets67.00K
NonCurrentAccountsReceivable124.27M138.74M123.42M140.25M
NetPPE17.64M20.58M23.25M30.01M
AccumulatedDepreciation-11.07M-10.24M-9.55M-9.03M
GrossPPE28.71M30.82M32.80M39.04M
OtherProperties26.97M29.09M31.10M37.35M
MachineryFurnitureEquipment1.74M1.74M1.70M1.69M
BuildingsAndImprovements14.96M18.63M21.76M28.28M
Properties0.000.000.000.00
CurrentAssets134.12M217.90M443.24M247.96M
OtherCurrentAssets7.17M8.58M6.30M8.22M
PrepaidAssets8.15M
Receivables36.82M37.47M242.02M82.47M
OtherReceivables29.88M30.75M29.05M47.00M
AccountsReceivable6.94M6.72M212.97M35.47M
CashCashEquivalentsAndShortTermInvestments90.13M171.85M194.92M157.27M
OtherShortTermInvestments86.73M164.74M183.91M56.46M
CashAndCashEquivalents3.40M7.11M11.01M100.81M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-148.97M74.30M-86.60M-110.00M
RepurchaseOfCapitalStock-11.85M-4.65M0.000.00
RepaymentOfDebt-41.34M-101.58M-1.17M-1.82M
IssuanceOfDebt0.000.00
IssuanceOfCapitalStock0.000.00
CapitalExpenditure-165.00K-426.00K-113.00K-277.00K
InterestPaidSupplementalData35.69M29.92M19.18M17.88M
IncomeTaxPaidSupplementalData165.00K3.29M80.00K
EndCashPosition3.40M7.11M11.01M100.81M
BeginningCashPosition7.11M11.01M100.81M10.50M
ChangesInCash-3.71M-3.90M-89.80M90.31M
FinancingCashFlow62.88M-106.08M124.25M6.32M
CashFlowFromContinuingFinancingActivities62.88M-106.08M124.25M6.32M
NetOtherFinancingCharges115.53M125.00M-241.00K
ProceedsFromStockOptionExercised547.00K150.00K415.00K8.38M
NetCommonStockIssuance-11.85M-4.65M0.000.00
CommonStockPayments-11.85M-4.65M0.000.00
CommonStockIssuance0.000.00
NetIssuancePaymentsOfDebt-41.34M-101.58M-1.17M-1.82M
NetLongTermDebtIssuance-41.34M-101.58M-1.17M-1.82M
LongTermDebtPayments-41.34M-101.58M-1.17M-1.82M
LongTermDebtIssuance0.000.00
InvestingCashFlow82.22M27.45M-127.56M193.71M
CashFlowFromContinuingInvestingActivities82.22M27.45M-127.56M193.71M
NetInvestmentPurchaseAndSale82.38M27.88M-127.45M67.99M
SaleOfInvestment1.07B1.05B301.59M100.00M
PurchaseOfInvestment-987.38M-1.02B-429.05M-32.01M
NetBusinessPurchaseAndSale0.000.00125.99M
SaleOfBusiness0.000.00125.99M
NetPPEPurchaseAndSale-165.00K-426.00K-113.00K-277.00K
PurchaseOfPPE-165.00K-426.00K-113.00K-277.00K
OperatingCashFlow-148.80M74.73M-86.48M-109.72M
CashFlowFromContinuingOperatingActivities-148.80M74.73M-86.48M-109.72M
ChangeInWorkingCapital29.74M247.42M-119.36M-14.11M
ChangeInOtherWorkingCapital668.00K
ChangeInPayablesAndAccruedExpense-10.78M4.68M-10.66M14.64M
ChangeInPayable14.64M
ChangeInAccountPayable14.64M
ChangeInPrepaidAssets517.00K-2.98M934.00K5.57M
ChangeInReceivables40.01M245.72M-109.63M-34.31M
ChangesInAccountReceivables357.00K205.12M-175.07M-34.31M
OtherNonCashItems-28.80M-54.63M-29.57M1.70M
StockBasedCompensation10.49M11.65M14.07M17.63M
AmortizationOfSecurities-4.37M-8.71M0.000.00
DeferredTax0.000.00
DeferredIncomeTax0.000.00
DepreciationAmortizationDepletion950.00K920.00K952.00K1.39M
DepreciationAndAmortization950.00K920.00K952.00K1.39M
OperatingGainsLosses-4.11M-310.56M
GainLossOnSaleOfBusiness0.000.00-310.56M
NetIncomeFromContinuingOperations-156.81M-117.81M47.42M194.24M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for OMER
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