Merus (MRUS) Stock Price

Merus Price

NASDAQ·CLOSED
90.00
​
Market closed

Revenue has compounded at 45.6% per year over the past 11 years to 34.88 M USD. Merus's net margin stands at -595.9%, down from -285.6% several years earlier. Analysts set a median price target of 98.94 USD, implying 9.9% above the current price. Of 23 analysts, 9 rate the stock a buy — an overall Hold consensus.

Merus stock price

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Merus business model & stock analysis

Merus NV is a Dutch biotechnology company specialized in the development of innovative therapies for cancer and other serious diseases. The company was founded in 2003 by Ton Logtenberg and Piet Gros and is headquartered in Utrecht. Merus' business model is based on the development of bispecific antibodies, which can bind to two different target structures simultaneously. These antibodies can specifically attack and destroy tumor cells by minimizing their binding to healthy cells, providing Merus with a high potential for cancer therapy and other diseases. The company is divided into two main divisions: Merus BV and Merus US Inc. Merus BV specializes in the development of bispecific antibodies and operates its own manufacturing facility in Utrecht, while Merus US Inc. focuses on the clinical development of cancer immunotherapies. Merus offers a variety of products, including Bispecific Antibodies for Multiple Targets (BAMTs), Multi-specific Antibodies (MSAs), TrioBody platform, and Smart-chemotherapy platform. The BAMT program aims to develop bispecific antibodies that can bind to multiple target structures simultaneously, enhancing their effectiveness against tumor cells. The company's MSA products aim to introduce a bispecific antibody system with specialized drainage function to enhance the efficiency of cancer treatments. Merus' TrioBody platform represents a form of bispecific antibodies specifically tailored to cells in tumors, providing a higher efficacy in destroying tumor cells compared to conventional antibodies. Merus' Smart-Chemotherapy platform aims to increase the efficiency of chemotherapy drugs by delivering the medication specifically to tumor cells, maximizing its effect on tumor cells while minimizing its effect on normal cells. The company has entered into various partnerships and collaborations with other companies to advance its research and development in the field of cancer immunotherapy. In 2018, Merus signed an agreement with Incyte, granting Incyte the right to use Merus' bispecific antibody platform for cancer treatment. Additionally, Merus has formed strategic alliances with other biotechnology companies such as Jazz Pharmaceuticals and Loxo Oncology to further develop in various areas of cancer immunotherapy. Merus is committed to continue investing in research and development of its antibody technology to increase the effectiveness of cancer treatments and provide patients worldwide with new therapies to combat cancer.

Frequently asked questions about Merus

The business model of Merus NV focuses on developing innovative bispecific antibody therapeutics to treat various types of cancer. By utilizing its proprietary technology platform, Merus aims to design and develop bispecific antibodies that can simultaneously target and bind to multiple cancer cell targets. This unique approach has the potential to enhance the efficacy and safety profile of cancer treatments. Merus collaborates with pharmaceutical companies to advance its pipeline candidates, while also retaining rights to develop and commercialize certain product candidates. Through its research and development efforts, Merus NV strives to provide groundbreaking solutions for patients suffering from cancer-related diseases.

Merus NV is primarily active in the biotechnology industry.

The main competitors of Merus NV in the market include biotechnology companies such as Regeneron Pharmaceuticals, Inc., Amgen Inc., Genmab A/S, and Roche Holding AG. These companies operate in similar therapeutic areas, developing innovative antibody-based therapeutics and immuno-oncology treatments, potentially competing with Merus NV's pipeline. It is important for investors and market participants to closely monitor the competitive landscape as it can impact Merus NV's market share, product development, and financial performance.

Merus NV is a biotechnology company based in the Netherlands. Founded in 2003, the company specializes in developing innovative bispecific antibody therapeutics for the treatment of cancer. Merus NV has a unique approach to target tumor cells directly while minimizing side effects. The company has a strong pipeline of candidates, including MCLA-128, MCLA-117, and MCLA-158, targeting various types of cancers. With collaborations and partnerships with renowned pharmaceutical companies, Merus NV aims to advance the field of antibody therapeutics and make a lasting impact on patient care. Throughout its history, Merus NV has achieved significant milestones in drug discovery and clinical development, positioning itself as a key player in the biotechnology industry.

Merus NV, a leading biotechnology company, has achieved several significant milestones. The company successfully initiated multiple clinical trials, including ongoing studies for its innovative bispecific antibody programs. Merus NV also secured strategic collaborations with renowned pharmaceutical companies, further validating its cutting-edge technology and expanding its market reach. In addition, Merus NV has received regulatory approvals for its investigational therapies, paving the way for potential commercialization. These achievements demonstrate the company's strong commitment to advancing its pipeline and driving growth. Merus NV's dedication to scientific excellence and continuous innovation positions it as a formidable player in the biotech industry.

Merus NV is primarily present in the Netherlands and the United States.

Merus NV represents values such as innovation, collaboration, and patient-centricity. With a commitment to advancing bispecific antibody therapeutics, Merus NV aims to improve patient outcomes and address unmet medical needs. The company's corporate philosophy is based on fostering scientific excellence and leveraging its core technologies to develop transformative medicines. Merus NV embraces a culture of integrity, diversity, and teamwork, driving its pursuit of novel solutions in the field of oncology. By integrating its unique approach with strategic partnerships, Merus NV strives to deliver breakthrough treatments for patients.

Analysts currently set an average price target of 99.48 USD for the Merus stock (median: 98.94 USD), implying +10.5 % versus the latest price. The consensus is based on 23 analyst ratings.

23 analysts currently rate the Merus stock: 9 recommend buying, 14 holding and 0 selling. For 2026, analysts expect Merus to generate revenue of 49.33 M USD and earnings per share of -5.44 USD.

Converted at the current exchange rate, the Merus share trades at 79.34 EUR (90.00 USD).

The Merus share (MRUS) is listed on 3 stock exchanges, including: NASDAQ (MRUS), Frankfurt (2GH.F), München (2GH.MU).

Merus NV is a biotechnology company specializing in the development of bispecific antibodies for the treatment of cancer. The company's business model is based on the research, development, and commercialization of novel therapies to combat cancer. Merus NV has three main business areas and develops products in each of these categories: therapeutic products, diagnostics, and research. The company's therapeutic products utilize bispecific antibodies (Biclonics®) that combine the properties of two different antibodies, resulting in greater specificity, higher efficacy, and reduced toxicity. Merus NV is building a pipeline of bispecific antibodies targeting a variety of cancer types. Currently, the company has three products in clinical development: MeMo, MCLA-128, and MCLA-117. Merus NV collaborates closely with renowned pharmaceutical companies such as Incyte and DSM Biomedical in the development of cancer immunotherapies. In the diagnostics product line, Merus NV offers a technology platform that enables the development of diagnostic tests for therapeutic products and supports biomarker research. The company is also involved in the development of antibody imaging tools, serving an important role in toxic analysis and biomarker-driven clinical studies. Finally, Merus NV's research department supports its own development activities as well as those of external parties through collaborations and alliances. In summary, Merus NV's business model is based on the development, commercialization, and marketing of bispecific antibodies to combat cancer. With innovative solutions and technologies in the field of diagnostic tests and therapy monitoring, the company has distinct competitive advantages and can meet the demands of customers and partners. Merus NV is a leading company in the field of bispecific antibody technology and offers a diverse product pipeline to meet the demanding requirements of the entire cancer market.

The expected revenue of Merus is 49.33 M USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Merus is -374.11 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Merus is currently -16.56. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Merus stock.

The price-to-sales ratio (P/S) of Merus is currently 125.58. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Merus stock.

The Eulerpool Quality Score for Merus is 3/10.

The ISIN of Merus is NL0011606264. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Merus is A2AKFX. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Merus is MRUS. The ticker symbol is used to trade Merus shares on the stock exchange.

Fair ValueTerminal
81.00 USD
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Biotechnology
Number of shares
Employees
Revenue per Employee
134,150.71 USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website merus.nl
Country
Netherlands
Currency
USD
Initial public offering
May 19, 2016
ISIN
NL0011606264
Cusip
N5749R100
Sedol
BZBY005
Market capitalization
6.83 B USDMid Cap
52-Week Range
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
—
P/E ratio
P/Ee 2025
-14.40
P/Ee 2026
-16.56
P/Ee 2027
-21.86
P/Ee 2028
516.38
P/Ee 2029
16.79
P/Se
115.66
EV/EBIT
—
P/B Ratio
10.54
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
-32.08 %
Gross Margin
37.15 %
EBIT Margin
-752.96 %
Net Margin
-595.93 %
EPS (Earnings Per Share)
-3.02 USD
Net Debt / EBIT
2.23
Debt/Equity
0.00
Last updated Sep 30, 2026, 1:58 PM

Merus Ticker

FRANKFURT · 2GH.FMUNICH · 2GH.MUNASDAQ · MRUS

Merus FIGI

MRUS:US · BBG00B8LXMS5MRUS:UA · BBG00B8LXMX9MRUS:UC · BBG00B8LXMY8MRUS:UN · BBG00B8LXN03MRUS:UP · BBG00B8LXN12MRUS:UQ · BBG00B8LXN21MRUS:UB · BBG00B8LXN30MRUS:UM · BBG00B8LXN58MRUS:UX · BBG00B8LXN67MRUS:UD · BBG00B8LXNC0MRUS:UF · BBG00B8LXNG6MRUS:VY · BBG00B8LXNH5

All fundamentals and in-depth analysis of Merus

Our stock analysis for Merus stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Merus. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.