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CORT Overview

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ET
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0.000
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ET
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Intellectia

Loading chart...

High
34.000
Open
33.060
VWAP
33.67
Vol
345.79K
Mkt Cap
3.57B
Low
33.040
Amount
11.64M
EV/EBITDA(TTM)
69.44
Total Shares
106.37M
EV
3.19B
EV/OCF(TTM)
22.47
P/S(TTM)
5.28
Corcept Therapeutics Incorporated is a commercial-stage company. The Company is engaged in the discovery and development of medications to treat severe endocrinologic, oncologic, metabolic and neurologic disorders by modulating the effects of the hormone cortisol. The Company operates through the discovery, development and commercialization of the pharmaceutical products segment. The Company has marketed Korlym (mifepristone) in the United States for the treatment of patients suffering from Cushings syndrome. The Company’s portfolio of selective cortisol modulators consists of four series totaling approximately 1,000 compounds. Its portfolio of selective cortisol modulators consists of relacorilant, dazucorilant and miricorilant. Korlyms active ingredient, mifepristone, reduces the binding of excess cortisol to the GR, it can modulate the effects of abnormal levels and release patterns of cortisol without compromising cortisols healthy functions and rhythms.
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Events Timeline

(ET)
2026-02-24
16:30:00
Corcept Reports Q4 Revenue of $202.1M, Below Expectations
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2026-02-19 (ET)
2026-02-19
16:20:00
Walmart Announces $30 Billion Share Buyback Plan
select
2026-02-19
16:10:00
Corcept Disappointed by Court Ruling on Teva's Generic Drug
select
2026-02-19
12:10:00
Major U.S. Indices Decline as Walmart Announces $30B Buyback Plan
select
2026-02-19
10:40:00
Corcept Therapeutics Shares Fall 18% to $32.63
select
link
2026-02-19
10:30:00
Corcept Therapeutics Trading Halted
select

News

Globenewswire
7.0
15:45 PMGlobenewswire
Corcept Therapeutics Faces Class Action Lawsuit Over Misleading Statements
  • Lawsuit Background: Hagens Berman has filed a class action lawsuit against Corcept Therapeutics and its executives, alleging that they misled investors about the regulatory status of relacorilant, resulting in significant investor losses during the period from October 31, 2024, to December 30, 2025.
  • Concealed FDA Warnings: The lawsuit claims that while Corcept publicly asserted that relacorilant was approaching approval, the FDA had warned them multiple times that their clinical data was inadequate, which management allegedly chose to ignore.
  • Stock Price Plummet: On December 31, 2025, Corcept's stock price collapsed from $70.20 to $34.80 following the receipt of a Complete Response Letter (CRL) from the FDA, erasing over $3.6 billion in market value and severely impacting investor confidence.
  • Legal Consequences and Deadline: Investors must apply to be lead plaintiffs by April 21, 2026, or risk losing their opportunity for recovery, highlighting the potential long-term implications of the lawsuit on the company's future.
Globenewswire
7.0
02:46 AMGlobenewswire
Corcept Therapeutics Faces Securities Class Action Lawsuit
  • Lawsuit Deadline: Investors must file lead plaintiff applications for the Corcept securities class action by April 21, 2026, concerning trades made between October 31, 2024, and December 30, 2025, highlighting investor concerns over potential losses.
  • Disclosure Failures: Corcept and its executives are accused of failing to disclose material information during the class period, violating federal securities laws, which severely undermined investor confidence in the company's new drug application.
  • Stock Price Plunge: Following the December 31, 2025 disclosure of the FDA's Complete Response Letter regarding its new drug application, Corcept's stock price plummeted by 50.4%, from $70.20 to $34.80, indicating a pessimistic outlook from the market on the company's future prospects.
  • Legal Consultation Opportunity: Investors can contact Kahn Swick & Foti to understand their legal rights and how to participate in the lawsuit, reflecting a strong demand among investors for recovering economic losses.
PRnewswire
7.0
01:57 AMPRnewswire
Corcept Lawsuit Reminder for Investors
  • Lawsuit Timeline: Rosen Law Firm reminds investors who purchased Corcept Therapeutics (NASDAQ:CORT) common stock between October 31, 2024, and December 30, 2025, that they must apply to be lead plaintiff by April 21, 2026, to participate in the class action and seek compensation.
  • Fee Arrangement: Investors joining the class action will incur no out-of-pocket costs, as the law firm operates on a contingency fee basis, which alleviates financial burdens and encourages broader participation among affected investors.
  • Case Background: The lawsuit alleges that Corcept made false statements regarding the clinical trials supporting the NDA for relacorilant, claiming that the evidence was “powerful support,” while the FDA had raised concerns about its adequacy, resulting in significant investor losses when the truth emerged.
  • Law Firm's Strength: Rosen Law Firm is recognized for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its expertise and resource advantages in handling such cases.
Globenewswire
7.0
03-10Globenewswire
Navan and Corcept Face Class Action Lawsuits
  • Navan IPO Issues: Navan conducted its IPO on October 30, 2025, selling approximately 36.9 million shares at $25 each, but due to undisclosed increases in sales and marketing expenses, its stock plummeted to $9.01 by the time the lawsuit commenced, representing a decline of over 60%, resulting in significant investor losses.
  • Lawsuit Deadlines: Navan shareholders must petition to serve as lead plaintiff by April 24, 2026, reflecting investor concerns over the company's transparency and financial health, which could impact future fundraising capabilities.
  • Corcept Approval Risks: Corcept's relacorilant faced a Complete Response Letter from the FDA on December 31, 2025, requiring additional evidence of effectiveness, causing its stock price to drop from $70.20 to $34.80, a 50.4% decline, highlighting significant uncertainties in the company's drug development.
  • FDA Communication Missteps: During the class period, Corcept claimed smooth communication with the FDA and confidence in its NDA submission, but the FDA's concerns about clinical evidence raised the risk of non-approval, exacerbating investor confidence issues.
Globenewswire
7.0
03-10Globenewswire
Shareholder Class Action Filed Against Corcept Therapeutics
  • Lawsuit Background: A shareholder class action lawsuit has been filed against Corcept Therapeutics, alleging that the company issued false and misleading statements regarding clinical trials and failed to disclose adverse facts related to its New Drug Application, potentially leading to investor losses.
  • Investor Impact: Investors who purchased Corcept shares between October 31, 2024, and December 30, 2025, and experienced significant losses are encouraged to consult legal counsel to understand their rights, which could affect the company's stock price and investor confidence.
  • Legal Representation: Holzer & Holzer, LLC, a law firm focused on shareholder rights and rated top by ISS from 2021 to 2025, is dedicated to vigorously representing shareholders, which may impact the company's reputation and future legal standing.
  • Lawsuit Deadline: Investors must apply to be appointed lead plaintiff by April 21, 2026, or risk losing the opportunity to participate in the lawsuit, which could further affect the company's legal liabilities and financial health.
Globenewswire
7.0
03-06Globenewswire
Corcept Therapeutics Faces Class Action Lawsuit Over Misleading Statements
  • Lawsuit Background: Hagens Berman has filed a class action lawsuit against Corcept Therapeutics and its executives, alleging misleading statements made to investors between October 31, 2024, and December 30, 2025, resulting in significant investor losses.
  • Concealed FDA Warnings: The lawsuit claims that Corcept misrepresented the regulatory viability of its lead product, relacorilant, despite multiple warnings from the FDA regarding inadequate clinical data, which misled investors about the drug's approval prospects.
  • Stock Price Plunge: On December 31, 2025, Corcept's stock plummeted from $70.20 to $34.80 following the receipt of a Complete Response Letter from the FDA, erasing over $3.6 billion in market value, indicating a severe market reaction to the company's disclosures.
  • Investor Rights Protection: Hagens Berman urges investors who purchased CORT stock during the class period to contact the firm by April 21, 2026, to discuss their rights and potential recovery of losses, emphasizing the importance of protecting investor interests in light of the allegations.
Wall Street analysts forecast CORT stock price to rise
6 Analyst Rating
Wall Street analysts forecast CORT stock price to rise
4 Buy
1 Hold
1 Sell
Moderate Buy
Current: 0.000
sliders
Low
50.00
Averages
91.00
High
121.00
Current: 0.000
sliders
Low
50.00
Averages
91.00
High
121.00
H.C. Wainwright
Swayampakula Ramakanth
Buy
downgrade
$67 -> $60
AI Analysis
2026-02-25
Reason
H.C. Wainwright
Swayampakula Ramakanth
Price Target
$67 -> $60
AI Analysis
2026-02-25
downgrade
Buy
Reason
H.C. Wainwright analyst Swayampakula Ramakanth lowered the firm's price target on Corcept Therapeutics to $60 from $67 and keeps a Buy rating on the shares. Given typical seasonality and Corcept's pharmacy transition at the start of 2026, the firm expects a 19% sequential decline in the company's Q1 sales.
H.C. Wainwright
H.C. Wainwright
Buy
downgrade
$105 -> $67
2026-02-20
Reason
H.C. Wainwright
H.C. Wainwright
Price Target
$105 -> $67
2026-02-20
downgrade
Buy
Reason
H.C. Wainwright lowered the firm's price target on Corcept Therapeutics (CORT) to $67 from $105 and keeps a Buy rating on the shares. The U.S. Court of Appeals for the Federal Circuit affirmed the District Court's ruling that Teva's (TEVA) generic Korlym does not infringe Corcept's patents, the analyst tells investors in a research note. The firm believes the decision "eliminates the bull-case scenario" for Corcept of halting generic erosion from the authorized generic, while confirming that Teva's generic can participate in the Cushing's syndrome market.
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Valuation Metrics

The current forward P/E ratio for Corcept Therapeutics Inc (CORT.O) is 71.90, compared to its 5-year average forward P/E of 34.96. For a more detailed relative valuation and DCF analysis to assess Corcept Therapeutics Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
34.96
Current PE
71.90
Overvalued PE
58.60
Undervalued PE
11.32

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
19.12
Current EV/EBITDA
14.59
Overvalued EV/EBITDA
25.90
Undervalued EV/EBITDA
12.34

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
6.05
Current PS
4.24
Overvalued PS
7.40
Undervalued PS
4.70

Financials

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Whales Holding CORT

P
Parallel Advisors, LLC
Holding
CORT
-15.50%
3M Return
I
Ingalls & Snyder, LLC
Holding
CORT
-17.65%
3M Return

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Frequently Asked Questions

What is Corcept Therapeutics Inc (CORT) stock price today?

The current price of CORT is 33.975 USD — it has increased 1.3

What is Corcept Therapeutics Inc (CORT)'s business?

Corcept Therapeutics Incorporated is a commercial-stage company. The Company is engaged in the discovery and development of medications to treat severe endocrinologic, oncologic, metabolic and neurologic disorders by modulating the effects of the hormone cortisol. The Company operates through the discovery, development and commercialization of the pharmaceutical products segment. The Company has marketed Korlym (mifepristone) in the United States for the treatment of patients suffering from Cushings syndrome. The Company’s portfolio of selective cortisol modulators consists of four series totaling approximately 1,000 compounds. Its portfolio of selective cortisol modulators consists of relacorilant, dazucorilant and miricorilant. Korlyms active ingredient, mifepristone, reduces the binding of excess cortisol to the GR, it can modulate the effects of abnormal levels and release patterns of cortisol without compromising cortisols healthy functions and rhythms.

What is the price predicton of CORT Stock?

Wall Street analysts forecast CORT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CORT is91.00 USD with a low forecast of 50.00 USD and a high forecast of 121.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Corcept Therapeutics Inc (CORT)'s revenue for the last quarter?

Corcept Therapeutics Inc revenue for the last quarter amounts to 202.13M USD, increased 11.12

What is Corcept Therapeutics Inc (CORT)'s earnings per share (EPS) for the last quarter?

Corcept Therapeutics Inc. EPS for the last quarter amounts to 0.19 USD, decreased -26.92

How many employees does Corcept Therapeutics Inc (CORT). have?

Corcept Therapeutics Inc (CORT) has 730 emplpoyees as of March 11 2026.

What is Corcept Therapeutics Inc (CORT) market cap?

Today CORT has the market capitalization of 3.57B USD.