VVera Therapeutics develops therapies for immunological diseases, with a focus on IgA nephropathy and BK virus management. Its lead asset, MAU868, is a neutralizing antibody against BK Virus licensed worldwide from Pfizer for all indications, aimed at protecting immunocompromised patients such as kidney or hematopoietic stem cell transplant recipients. The company differentiates itself through the exclusive Pfizer license for MAU868 and by pursuing licensing and commercialization paths to deliver therapies to patients with high-need immunology and nephrology indications. Its goal is to translate research into effective treatments that improve outcomes for immunologic and rare diseases while building a high-performance organization.
Work here?Claim your company
Industries
Company Size
201-500
Company Stage
IPO
Headquarters
Brisbane, CA
Founded
2016
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$1.1B
Above
Industry Average
Funded Over
7 Rounds
Vera Therapeutics reported $10.3 million in third-quarter sales of TRUTAKNA, its first partial quarter of commercial revenue. Roughly half reflected demand and half inventory stocking, according to its chief commercial officer. The kidney disease treatment won accelerated US approval on July 7. Vera has applied for full approval based on final trial results and expects a decision in mid-2027. The company's net loss widened to $93.7 million from $80.3 million a year earlier, as selling and administrative costs rose to $61.4 million from $27.5 million on launch spending. Vera ended September with $384 million in cash and marketable securities. It drew $75 million from its debt facility in late October.
Vera Therapeutics (NASDAQ:VERA) issues quarterly earnings results. Vera Therapeutics (NASDAQ:VERA - Get Free Report) announced its quarterly earnings data on Thursday. The company reported ($1.30) earnings per share for the quarter, beating analysts' consensus estimates of ($1.62) by $0.32, FiscalAI reports. The firm had revenue of $10.28 million during the quarter, compared to analyst estimates of $3.42 million. Here are the key takeaways from Vera Therapeutics' conference call: * TRUTAKNA showed strong kidney-function results in ORIGIN 3: At 104 weeks, it reduced the risk of kidney disease progression by 76% versus placebo, with kidney-function decline near a physiologic rate. Vera submitted an FDA application seeking full approval and plans an EU application in the first quarter of 2027. * The early U.S. launch generated about 700 Patient Start Forms since the July approval, and third-quarter product revenue was $10.3 million; management said roughly half the revenue reflected demand and half inventory. The company said prescriptions span patients with both higher and lower proteinuria, while acknowledging that adoption is still at an early stage. * Interim PIONEER results showed a 52% reduction in proteinuria from baseline at week 24 among 101 adults across broader IgA nephropathy cohorts, including patients with lower kidney function. Results in primary membranous nephropathy were preliminary, based on 16 patients. * Spending and cash use increased as Vera funded commercialization: third-quarter net loss was $93.7 million, and operating cash use totaled $305.9 million for the first nine months of 2026. The company reported $384 million in cash and marketable securities at quarter-end and borrowed $75 million in October; additional debt capacity is subject to conditions. Vera Therapeutics price performance. Shares of VERA stock traded down $1.83 during mid-day trading on Thursday, hitting $30.14. 1,419,234 shares of the stock were exchanged, compared to its average volume of 1,622,788. The firm has a fifty day moving average of $31.83 and a 200 day moving average of $36.84. The company has a quick ratio of 10.92, a current ratio of 10.92 and a debt-to-equity ratio of 0.18. Vera Therapeutics has a 52-week low of $23.05 and a 52-week high of $56.05. The company has a market cap of $2.17 billion, a PE ratio of -5.14 and a beta of 1.07. Analysts set new price targets. Several equities analysts recently weighed in on the stock. TD Cowen reiterated a "buy" rating on shares of Vera Therapeutics in a report on Tuesday, September 15th. JPMorgan Chase & Co. lifted their price objective on shares of Vera Therapeutics from $76.00 to $83.00 and gave the company an "overweight" rating in a research note on Tuesday, September 8th. HC Wainwright dropped their price objective on shares of Vera Therapeutics from $125.00 to $90.00 and set a "buy" rating on the stock in a report on Wednesday, August 12th. Cantor Fitzgerald reiterated an "overweight" rating on shares of Vera Therapeutics in a research note on Friday, October 23rd. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of Vera Therapeutics in a report on Thursday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $76.86. Insider buying and selling at Vera Therapeutics. In related news, CEO Marshall Fordyce sold 18,500 shares of the company's stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $37.00, for a total value of $684,500.00. Following the completion of the transaction, the chief executive officer owned 235,244 shares of the company's stock, valued at approximately $8,704,028. This represents a 7.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 15.90% of the stock is currently owned by corporate insiders. About Vera Therapeutics. Vera Therapeutics, Inc is a clinical-stage biotechnology company focused on developing treatments for immunological diseases. The company's research is centered on therapies that target the underlying causes of autoimmune conditions rather than primarily addressing their symptoms. Vera's lead product candidate is atacicept, a biologic designed to inhibit the B-cell survival factors BLyS and APRIL. The company has been evaluating atacicept in IgA nephropathy, an autoimmune kidney disease that can lead to progressive loss of kidney function, and has also investigated its potential in other immune-mediated diseases. Receive News & Ratings for Vera Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vera Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter.
Vera Therapeutics (NASDAQ:VERA) stock gets price target trim from HC Wainwright. November 6, 2026 Key points. * HC Wainwright cut its price target on Vera Therapeutics from $90 to $75 but maintained a Buy rating; the new target implies 148.84% upside from the prior close. * Analyst sentiment remains broadly positive: MarketBeat reports a consensus Moderate Buy rating and an average price target of $75.79. * Vera reported quarterly EPS of -$1.30, beating the -$1.62 estimate, and revenue of $10.28 million, above analysts' $3.42 million forecast. * MarketBeat previews the top five stocks to own by December 1st. Vera Therapeutics (NASDAQ:VERA - Get Free Report) had its price target dropped by stock analysts at HC Wainwright from $90.00 to $75.00 in a report released on Friday, Benzinga reports. The brokerage currently has a "buy" rating on the stock. HC Wainwright's target price points to a potential upside of 148.84% from the company's previous close. Several other equities research analysts also recently commented on the stock. TD Cowen restated a "buy" rating on shares of Vera Therapeutics in a research note on Tuesday, September 15th. Cantor Fitzgerald reiterated an "overweight" rating on shares of Vera Therapeutics in a research report on Friday, October 23rd. Weiss Ratings reissued a "sell (d-)" rating on shares of Vera Therapeutics in a report on Thursday, October 15th. Raymond James Financial reissued a "strong-buy" rating on shares of Vera Therapeutics in a report on Monday, October 26th. Finally, JPMorgan Chase & Co. raised their target price on Vera Therapeutics from $76.00 to $83.00 and gave the company an "overweight" rating in a research note on Tuesday, September 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Vera Therapeutics currently has a consensus rating of "Moderate Buy" and a consensus target price of $75.79. Vera Therapeutics price performance. Vera Therapeutics stock opened at $30.14 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 10.92 and a quick ratio of 10.92. The company has a market capitalization of $2.17 billion, a PE ratio of -5.14 and a beta of 1.07. Vera Therapeutics has a one year low of $23.05 and a one year high of $56.05. The business has a 50 day simple moving average of $31.70 and a 200 day simple moving average of $36.75. Discover more MarketBeat All Access Stock Market News Stock Screener Tool Vera Therapeutics (NASDAQ:VERA - Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The company reported ($1.30) EPS for the quarter, beating the consensus estimate of ($1.62) by $0.32. The company had revenue of $10.28 million during the quarter, compared to analyst estimates of $3.42 million. On average, sell-side analysts forecast that Vera Therapeutics will post -6.45 EPS for the current fiscal year. Insider activity at Vera Therapeutics. In other news, CEO Marshall Fordyce sold 18,500 shares of the stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $37.00, for a total transaction of $684,500.00. Following the sale, the chief executive officer directly owned 235,244 shares of the company's stock, valued at $8,704,028. This represents a 7.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 15.90% of the stock is owned by company insiders. Institutional inflows and outflows. A number of hedge funds have recently bought and sold shares of the company. Eurizon Capital SGR S.p.A. acquired a new position in Vera Therapeutics during the 3rd quarter valued at about $32,000. Sterling Capital Management LLC grew its position in shares of Vera Therapeutics by 841.5% during the 3rd quarter. Sterling Capital Management LLC now owns 2,109 shares of the company's stock worth $68,000 after buying an additional 1,885 shares during the period. Fulcrum Asset Management LLP acquired a new stake in shares of Vera Therapeutics during the 3rd quarter worth approximately $74,000. Nykredit A S bought a new stake in shares of Vera Therapeutics during the second quarter worth approximately $97,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Vera Therapeutics during the third quarter worth approximately $119,000. 99.21% of the stock is currently owned by institutional investors. Vera Therapeutics company profile. Vera Therapeutics, Inc is a clinical-stage biotechnology company focused on developing treatments for immunological diseases. The company's research is centered on therapies that target the underlying causes of autoimmune conditions rather than primarily addressing their symptoms. Vera's lead product candidate is atacicept, a biologic designed to inhibit the B-cell survival factors BLyS and APRIL. The company has been evaluating atacicept in IgA nephropathy, an autoimmune kidney disease that can lead to progressive loss of kidney function, and has also investigated its potential in other immune-mediated diseases. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Vera Therapeutics, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vera Therapeutics wasn't on the list. While Vera Therapeutics currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2026. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets. Continue following MarketBeat
Vera Therapeutics has appointed Nancy Boman as Chief Regulatory Officer, replacing William Turner, who is retiring after helping secure accelerated approval for the company's first therapy, TRUTAKNA (atacicept-vymj), for IgA nephropathy. Turner will transition to a Strategic Advisor role in the third quarter. Boman brings over 25 years of regulatory affairs experience. She previously served as Chief Regulatory Officer at Kyverna Therapeutics, Adicet Bio, Encoded Therapeutics, and Novartis Gene Therapies. She also held leadership positions at Amgen, Genentech, and Alder. The Brisbane, California-based commercial-stage biotechnology company plans to pursue new indications for TRUTAKNA in other autoimmune kidney diseases whilst developing approval pathways for other molecules in its pipeline.
The US Food and Drug Administration has granted accelerated approval to Vera Therapeutics' TRUTAKNA for treating adult patients with primary IgA nephropathy at risk for disease progression. TRUTAKNA is the first therapy that binds both B-cell activating factor and A proliferation-inducing ligand, targeting immunological drivers of the disease. In the interim analysis of the ongoing ORIGIN 3 trial, participants achieved a 46% reduction from baseline in proteinuria, with a 42% reduction compared to placebo at 36 weeks. The therapy is administered as a 150 mg subcutaneous injection once weekly via an autoinjector at home. The accelerated approval is based on proteinuria reduction. Continued approval depends on verification of clinical benefit in the ongoing trial, with results expected in Q3 2026.
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs
Industries
Company Size
201-500
Company Stage
IPO
Headquarters
Brisbane, CA
Founded
2016
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs