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Cerus Corp. (CERS) Stock Fundamental Analysis & AI Rating 2026

CERS Nasdaq Surgical & Medical Instruments & Apparatus DE CIK: 0001020214
Recently Updated • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
78% Confidence
STRONG AGREEMENT
SELL
78% Conf
SELL
78% Conf

📊 CERS Key Takeaways

Revenue: $53.7M
Net Margin: -3.1%
Free Cash Flow: $-3.3M
Current Ratio: 1.63x
Debt/Equity: 1.26x
EPS: $-0.01
AI Rating: SELL with 78% confidence
Cerus Corp. (CERS) receives a SELL rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $53.7M, net profit margin of -3.1%, and return on equity (ROE) of -2.4%, Cerus Corp. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete CERS stock analysis for 2026.

Is Cerus Corp. (CERS) a Good Investment?

Claude

CERUS demonstrates solid 16.1% YoY revenue growth in the medical devices sector, but this is fundamentally undermined by negative operating profitability (-0.7% margin), significant operating cash burn (-$3.0M), and elevated leverage (1.26x D/E) with inability to cover interest expenses. The combination of revenue growth without operational cash generation or profitability suggests the business model is not viable at current scale.

ChatGPT

Cerus is showing credible top-line momentum, with revenue up 16.1% year over year, and it has at least reached slightly positive free cash flow. However, the business still appears fundamentally weak on profitability, with very thin gross margin, negative operating and net margins, and leverage that looks elevated relative to its equity base. Until margin structure and earnings quality improve materially, the growth does not appear strong enough to offset the financial risk.

Why Buy Cerus Corp. Stock? CERS Key Strengths

Claude
  • + Strong YoY revenue growth of 16.1% indicates market demand for products
  • + Gross margin of 26% demonstrates viable product economics and pricing power
  • + Adequate short-term liquidity with 1.63x current ratio provides near-term runway
ChatGPT
  • + Revenue growth remains solid at 16.1% year over year
  • + Operating cash flow and free cash flow are positive
  • + Liquidity is acceptable with a 1.73x current ratio and 1.17x quick ratio

CERS Stock Risks: Cerus Corp. Investment Risks

Claude
  • ! Negative operating cash flow of -$3.0M annually signals cash burn despite top-line growth
  • ! High debt-to-equity ratio of 1.26x combined with negative interest coverage (-0.1x) creates unsustainable capital structure
  • ! Unprofitable operations with -3.1% net margin and negative returns on capital (ROE: -2.4%, ROA: -0.7%)
ChatGPT
  • ! Gross margin of 6.0% leaves little room to absorb operating costs or shocks
  • ! Profitability remains negative, including -3.7% operating margin and -6.7% net margin
  • ! Balance sheet leverage is meaningful with 1.31x debt-to-equity and negative interest coverage

Key Metrics to Watch

Claude
  • * Operating cash flow trend - must achieve positive OCF for sustainability
  • * Operating margin trajectory - path to break-even criticality
  • * Debt service capability and debt reduction progress
ChatGPT
  • * Gross margin trend and operating margin improvement
  • * Free cash flow durability relative to debt service obligations

Cerus Corp. (CERS) Financial Metrics & Key Ratios

Revenue
$53.7M
Net Income
$-1.6M
EPS (Diluted)
$-0.01
Free Cash Flow
$-3.3M
Total Assets
$222.9M
Cash Position
$27.9M

💡 AI Analyst Insight

Cerus Corp. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

CERS Profit Margin, ROE & Profitability Analysis

Gross Margin 26.0%
Operating Margin -0.7%
Net Margin -3.1%
ROE -2.4%
ROA -0.7%
FCF Margin -6.1%

CERS vs Healthcare Sector: How Cerus Corp. Compares

How Cerus Corp. compares to Healthcare sector averages

Net Margin
CERS -3.1%
vs
Sector Avg 12.0%
CERS Sector
ROE
CERS -2.4%
vs
Sector Avg 15.0%
CERS Sector
Current Ratio
CERS 1.6x
vs
Sector Avg 2.0x
CERS Sector
Debt/Equity
CERS 1.3x
vs
Sector Avg 0.6x
CERS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Cerus Corp. Stock Overvalued? CERS Valuation Analysis 2026

Based on fundamental analysis, Cerus Corp. shows some fundamental concerns relative to the Healthcare sector in 2026.

Return on Equity
-2.4%
Sector avg: 15%
Net Profit Margin
-3.1%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.26x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Cerus Corp. Balance Sheet: CERS Debt, Cash & Liquidity

Current Ratio
1.63x
Quick Ratio
1.06x
Debt/Equity
1.26x
Debt/Assets
69.4%
Interest Coverage
-0.08x
Long-term Debt
$84.9M

CERS Revenue & Earnings Growth: 5-Year Financial Trend

CERS 5-year financial data: Year 2021: Revenue $159.5M, Net Income -$71.2M, EPS N/A. Year 2022: Revenue $188.3M, Net Income -$59.9M, EPS $-0.37. Year 2023: Revenue $188.3M, Net Income -$54.4M, EPS $-0.32. Year 2024: Revenue $201.3M, Net Income -$42.8M, EPS $-0.24. Year 2025: Revenue $233.8M, Net Income -$37.5M, EPS $-0.21.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Cerus Corp.'s revenue has grown significantly by 47% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.21 indicates the company is currently unprofitable.

CERS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-6.1%
Free cash flow / Revenue

CERS Quarterly Earnings & Performance

Quarterly financial performance data for Cerus Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $43.2M -$1.6M $-0.01
Q3 2018 $10.8M -$13.4M $-0.11
Q2 2018 $9.5M -$13.3M $-0.10

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Cerus Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$3.0M
Cash generated from operations
Capital Expenditures
$233.0K
Investment in assets
Dividends
None
No dividend program

CERS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Cerus Corp. (CIK: 0001020214)

📋 Recent SEC Filings

Date Form Document Action
May 5, 2026 4 xslF345X06/ownership.xml View →
Apr 30, 2026 10-Q cers-20260331.htm View →
Apr 30, 2026 8-K cers-20260430.htm View →
Apr 22, 2026 DEF 14A cers-20260422.htm View →
Apr 21, 2026 8-K cers-20260417.htm View →

Frequently Asked Questions about CERS

What is the AI rating for CERS?

Cerus Corp. (CERS) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (SELL) with 78% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CERS's key strengths?

Claude: Strong YoY revenue growth of 16.1% indicates market demand for products. Gross margin of 26% demonstrates viable product economics and pricing power. ChatGPT: Revenue growth remains solid at 16.1% year over year. Operating cash flow and free cash flow are positive.

What are the risks of investing in CERS?

Claude: Negative operating cash flow of -$3.0M annually signals cash burn despite top-line growth. High debt-to-equity ratio of 1.26x combined with negative interest coverage (-0.1x) creates unsustainable capital structure. ChatGPT: Gross margin of 6.0% leaves little room to absorb operating costs or shocks. Profitability remains negative, including -3.7% operating margin and -6.7% net margin.

What is CERS's revenue and growth?

Cerus Corp. reported revenue of $53.7M.

Does CERS pay dividends?

Cerus Corp. does not currently pay dividends.

Where can I find CERS SEC filings?

Official SEC filings for Cerus Corp. (CIK: 0001020214) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CERS's EPS?

Cerus Corp. has a diluted EPS of $-0.01.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is CERS a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Cerus Corp. has a SELL rating with 78% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is CERS stock overvalued or undervalued?

Valuation metrics for CERS: ROE of -2.4% (sector avg: 15%), net margin of -3.1% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy CERS stock in 2026?

Our dual AI analysis gives Cerus Corp. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CERS's free cash flow?

Cerus Corp.'s operating cash flow is $-3.0M, with capital expenditures of $233.0K. FCF margin is -6.1%.

How does CERS compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -3.1% (avg: 12%), ROE -2.4% (avg: 15%), current ratio 1.63 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI