Cerus Corporation (CERS) Gets Upgraded to Buy Post Q1 by BTIG

2 hours ago 1

Noor Ul Ain Rehman

Sat, May 23, 2026 astatine 7:16 AM CDT 2 min read

Cerus Corporation (NASDAQ:CERS) is 1 of the champion oversold maturation stocks to put successful now. BTIG upgraded Cerus Corporation (NASDAQ:CERS) to Buy from Neutral connected May 1, reiterating a $4 terms target. The standing update came aft the institution announced its fiscal results for fiscal Q1 2026, with full gross for the 4th reaching $59.9 million, up 23% compared to the anterior twelvemonth period. Product gross for fiscal Q1 2026 reached $53.7 million, reflecting a 24% maturation implicit the anterior twelvemonth period.

Cerus Corporation (NASDAQ:CERS) raised its full-year merchandise gross guidance scope to $227 cardinal – $231 million, reflecting 10% to 12% year-over-year increase. Management attributed the beardown commencement to 2026 to spot crossed the company’s business, successful peculiar owed to rising request for its INTERCEPT Fibrinogen Complex. Cerus Corporation (NASDAQ:CERS) besides announced a meaningful catalyst way successful 2026, spanning anticipated regulatory, clinical, and pipeline milestones, which includes ongoing INTERCEPT RBC regulatory reappraisal successful Europe, the Phase 3 RedeS readout successful the U.S., and the planned U.S. PMA submission for its caller INT200 illumination device.

Cerus Corporation (NASDAQ:CERS) is progressive successful the research, development, and manufacturing of biomedical and surgical products. The institution produces humor systems for platelets and plasma, operates done the Blood Safety segment, and markets products nether the INTERCEPT brand.

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