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Vera Therapeutics, Inc.

VERANASDAQ
Wall Street Score · overall investment18/100
$30.94USD+$0.95 (+3.17%)
Company website veratx.com
Headquarters2000 Sierra Point Parkway, Brisbane, CA, 94005, US
Financial statement currencyUSD · no FX conversion applied
Healthcare · Biotechnology
Price updated todayFinancials updated Oct 26, 2026

VERA · Price history

Price at last available close

$30.94

−$1.44 (-4.45%) 1M

2026-10-28

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Company & revenue

About Vera Therapeutics, Inc.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

Vera Therapeutics, Inc. is a clinical-stage biotechnology company focused on the development and commercialization of treatments for significant immunological disorders, primarily within the United States. Their leading therapeutic candidate is atacicept, a fusion protein that patients self-administer as a subcutaneous injection. This drug is currently undergoing Phase IIb clinical trials to treat immunoglobulin A nephropathy.

How they make money

Vera Therapeutics is a clinical-stage biotechnology company focused on developing and commercializing transformative treatments for patients with immunological diseases. The company currently operates as a research and development entity and has not yet generated revenue from product sales, relying instead on capital raises and strategic collaborations to fund its operations.

Products & services

The company's primary product candidate is atacicept, a fusion protein targeting BAFF and APRIL for the treatment of IgA nephropathy and other autoimmune diseases. It is also developing VT-109, a next-generation fusion protein for B-cell-mediated diseases.

Brands & revenue mix

Atacicept

Lead clinical-stage product candidate for IgA nephropathy.

Separate brand revenue is not available in this research.Source

VT-109

Preclinical-stage fusion protein candidate.

Separate brand revenue is not available in this research.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Product / operating segments

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

  • Healthcare providers and patients with immunological diseasesSource

Customer concentration

No quantified customer-concentration disclosure is available in the current saved research.

Suppliers, materials & equipment

  • Contract Manufacturing Organizations — The company relies on third-party contract manufacturing organizations for the production of its clinical trial materials; specific supplier names are not disclosed.Source

Business relationships & partnerships

  • Stanford University — A license agreement to acquire global rights to VT-109, a novel fusion protein targeting BAFF and APRIL for B-cell-mediated diseases.Source

Competitors

  • RemeGen — Developer of telitacicept, a biologic fusion protein that competes in the space of B-cell-mediated disease therapeutics.Source

Strengths

  • Clinical progress of atacicept in IgA nephropathySource

Risks

  • Dependence on third-party manufacturers and clinical trial successSource
  • History of operating losses and potential need for additional capitalSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

18

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

28

Poor

Financial Strength

15

Business Quality / Moat

50

Management

0

Growth Quality

63

Risk / Durability

19

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

32

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

40/100

Building Historical Record

Model Score 40/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like

No strong positive signal is being highlighted from the currently available summary data.

What to watch
  • •Debt service risk
  • •Valuation is a weaker part of the current profile
  • •Debt / balance-sheet profile needs attention

Company-specific research

Questions worth answering for VERA

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •How long can VERA fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • •Does VERA's balance between cash and debt leave enough flexibility if business conditions weaken?
  • •What specifically needs to improve for VERA to reach sustainable profitability?
  • •What future growth or profitability would be needed to justify VERA's current valuation?
  • •What does the current none warning mean for the reliability or interpretation of VERA's score?
Debt service risk
Business analysis: 16 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

18

0–100 · Poor

Opportunity Score

32

0–100 · Poor

Market Cap

$2.23B

P/E Ratio

-4.8

EPS

$-5.86

52-Week High

$56.05

52-Week Low

$23.05

Beta

0.95

Analyst Target

$84.00

Shares Outstanding

64.2M

Total Revenue

$0

Total Debt

$75.2M

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$6.35

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
46/ 100
-6 pts / 5d

Neutral / mixed momentum

5D -0.8% · 20D -4.2% · RSI 54 · Price vs 20D avg +5.8%
Volatility
56/ 100
+14 pts / 5d

Elevated movement

20D realized vol 63.7% · 60D 61.7% · Acceleration 1.03x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for VERA

Detected from reported data — verify before acting.

Debt service risk

Interest coverage is low (~-41.9x). Earnings may be strained to cover interest expense.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on VERA.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Clinical progress of atacicept in IgA nephropathy.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Biotechnology industry.
  • −Dependence on third-party manufacturers and clinical trial success.
  • −History of operating losses and potential need for additional capital.
  • −Negative free cash flow may increase the need for outside financing and dilution.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Very Weak18/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

18

Tap for breakdown →

Poor

24

Debt Cost9.7%
Debt Reduction YoY-41.5%
Debt / Equity0.13x

Tap for breakdown →

—

Revenue YoY—
Revenue CAGR—
Net Margin—

Tap for breakdown →

Fair

52

Asset Growth YoY12.1%
Liquidation/Share$6.35
Net Assets/MCap0.23x

Tap for breakdown →

Poor

0

Earnings Yield-20.0%
Buyback Yield0.0%
Debt Cost9.7%

Tap for breakdown →

Poor

0

ROIC-72.7%
ROE-98.6%
ROA-75.4%

Tap for breakdown →

Fair

50

EPS Growth—
FCF/Share Growth—
Rev/Share Growth—

Tap for breakdown →

Poor

0

Intrinsic Value—
Value Reference—
MOS—

Tap for breakdown →

—

Revenue—
Moat50
Valuation0

Tap for breakdown →

Poor

0

MOS %—
Value Reference—
Deep Discount Reference—

Tap for breakdown →

—

Interest Coverage-41.9x
ROIC-72.7%
FCF Yield-12.0%

Tap for breakdown →

—

Financial—
Valuation0
Debt24

Tap for breakdown →

Weak

40

Survival Years3.0 yrs
Current Ratio13.64x
FCF Margin—

Tap for breakdown →

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Score Changes

4 historical score records available

Previous Score

18

Oct 23, 2026

Change

Unchanged

Current Score

18

Oct 26, 2026

Category Changes

Debt0
Assets+0.2
Capital0
Management0
Moat0
Valuation0

VERA score was unchanged.

Projected Score

Projected Score

22

Projected Change

+4.0 points

Preliminary comparable-period financial changes suggest improvement of approximately 4.0 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Valuation unavailable

Current Price

$30.94

Model Intrinsic Value

—

Difference

—

Margin of Safety

—

Value Reference: —
Deep Discount Reference: —

Intrinsic value is not currently available for this stock, so valuation can't be calculated.

Financial Charts

Revenue

2019202020212022202320242025$0$1$2$3$4

Additional Metrics

Operating Cash Flow

2019202020212022202320242025-$260M-$195M-$130M-$65M$0

Total Debt

2019202020212022202320242025$0$20M$40M$60M$80M

Total Assets

2019202020212022202320242025$0$200M$400M$600M$800M

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019
Revenue$0.00$0.00$0.00$0.00················
Cost of Revenue$0.00$0.00$0.00$0.00················
Gross Profit$0.00$0.00$0.00$0.00················
Research & Development$261.9M$215.3M$126.2M$78.2M················
SG&A Expenses$153.9M$100.2M$41.0M$23.8M················
Operating Expenses$415.8M$315.5M$167.2M$102.0M················
EBITDA-$393.8M-$291.6M-$144.4M-$92.2M················
Operating Income-$415.8M-$315.5M-$167.2M-$102.0M················
Interest Expense$7.5M$7.5M$7.6M$3.8M················
Income Before Tax-$401.9M-$299.6M-$152.1M-$96.0M················
Income Tax Expense$1K$1K$1K$1K················
Net Income-$401.9M-$299.6M-$152.1M-$96.0M················
Basic EPS$-5.86$-4.66$-2.75$-2.25················
Basic Shares71.84M64.23M55.33M42.71M················
Diluted Shares71.84M64.23M55.33M42.71M················
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:Nov 5, 2026
Estimated EPS: -$1.61Estimated revenue: $3.9M
Jun 30, 2026Q2FY2026

Revenue

$0

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

-$1.52

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

-3.0%

Cash Change

-0.5%

Margin Change

Not available

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Debt reduced

What Weakened

  • Cash position declined

Potential Score Impact

Positive indicators included EPS growth, debt levels. Pressure indicators included cash levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

EPS increased 26.7%. Cash declined 0.5%. Total debt declined 3.0%.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 121 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

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Historical Trends

4 historical records
Jul 24, 26Oct 1, 26Oct 23, 26Oct 26, 260255075100

Historical Score Chart

3 of 4 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 1 more record and the complete score history.Start Free Trial

Wall Street Score

Oct 1, 26Oct 23, 26Oct 26, 260255075100

Debt Score

Oct 1, 26Oct 23, 26Oct 26, 260255075100

Revenue Score

No data

Asset Score

Oct 1, 26Oct 23, 26Oct 26, 260255075100

Capital Score

Oct 1, 26Oct 23, 26Oct 26, 260255075100

Management Score

Oct 1, 26Oct 23, 26Oct 26, 260255075100

Moat Score

Oct 1, 26Oct 23, 26Oct 26, 260255075100

Valuation Score

Oct 1, 26Oct 23, 26Oct 26, 260255075100

Buffett Score

No data

Intrinsic Value

No data

Value Reference

No data

Margin of Safety %

No data

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News

Rumor Mill · VERA

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

Related Stock Research

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Highest Wall Street Score stocksBest healthcare stocksHow Wall Street Score worksHow to analyze a stockUnderstanding financial healthIntrinsic value guide

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