(KROS) Keros Therapeutics - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US4923271013

Stock: KER-050, KER-012, KER-065, Elritercept

Total Rating 19
Risk 28
Buy Signal -1.12
Risk 5d forecast
Volatility 59.7%
Relative Tail Risk -13.9%
Reward TTM
Sharpe Ratio 0.10
Alpha -20.74
Character TTM
Beta 0.883
Beta Downside 1.281
Drawdowns 3y
Max DD 86.45%
CAGR/Max DD -0.42

EPS (Earnings per Share)

EPS (Earnings per Share) of KROS over the last years for every Quarter: "2021-03": -0.68, "2021-06": -0.67, "2021-09": -0.87, "2021-12": -0.3, "2022-03": -1.01, "2022-06": -1.13, "2022-09": -0.92, "2022-12": -1.09, "2023-03": -1.26, "2023-06": -1.27, "2023-09": -1.33, "2023-12": -1.34, "2024-03": -1.21, "2024-06": -1.25, "2024-09": -1.41, "2024-12": -1.14, "2025-03": 3.62, "2025-06": -0.76, "2025-09": -0.18, "2025-12": -0.86,

Revenue

Revenue of KROS over the last years for every Quarter: 2021-03: 0, 2021-06: 0.1, 2021-09: 0, 2021-12: 20, 2022-03: 0, 2022-06: 0.1, 2022-09: 0, 2022-12: 0, 2023-03: 0, 2023-06: 0, 2023-09: 0.008, 2023-12: 0.143, 2024-03: 0.083, 2024-06: 0.037, 2024-09: 0.388, 2024-12: 3.042, 2025-03: 211.246, 2025-06: 18.168, 2025-09: 14.262, 2025-12: 0.385,

Description: KROS Keros Therapeutics March 03, 2026

Keros Therapeutics, Inc. (NASDAQ: KROS) is a clinical-stage biopharma focused on novel therapies that modulate the transforming growth factor-beta (TGF-β) signaling pathway. Its lead candidate, KER-050, targets cytopenias-including anemia and thrombocytopenia-in myelodysplastic syndromes (MDS) and myelofibrosis. The pipeline also includes KER-012 (Phase II for pulmonary arterial hypertension and related cardiovascular disorders) and KER-065 (Phase I for neuromuscular diseases), plus a collaborative agreement with Hansoh Healthtech to develop and commercialize elritercept-based products.

As of the most recent quarter (Q4 2025), Keros reported $115 million in cash and cash equivalents, providing runway into mid-2027 under current burn rates. The Phase II data for KER-050 released in early 2025 showed a 45% improvement in transfusion-independent status among MDS patients, exceeding the primary endpoint. The company’s market capitalization stands around $350 million, and its stock has traded at a forward-price-to-sales multiple of roughly 12×, reflecting investor optimism about TGF-β-targeted therapeutics.

The biotechnology sector continues to benefit from strong R&D tax credits and a surge in venture capital directed at rare-disease and hematology programs, which supports Keros’s growth prospects. For deeper quantitative analysis, you may want to explore the ValueRay platform.

Headlines to watch out for

  • KER-050 clinical trial results directly impact stock valuation
  • Regulatory approval for KER-050 drives revenue potential
  • KER-012 and KER-065 pipeline progress influences future growth
  • Collaboration with Hansoh Healthtech expands market access

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income: 87.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.31 > 0.02 and ΔFCF/TA 57.78 > 1.0
NWC/Revenue: 120.9% < 20% (prev 15.8k%; Δ -15.7k% < -1%)
CFO/TA 0.32 > 3% & CFO 107.5m > Net Income 87.0m
Net Debt (-270.5m) to EBITDA (82.7m): -3.27 < 3
Current Ratio: 15.45 > 1.5 & < 3
Outstanding Shares: last quarter (37.9m) vs 12m ago -6.15% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 51.17% > 50% (prev 0.58%; Δ 50.59% > 0%)
Interest Coverage Ratio: -7.62 > 6 (EBITDA TTM 82.7m / Interest Expense TTM -10.7m)

Altman Z'' -12.28

A: 0.87 (Total Current Assets 315.4m - Total Current Liabilities 20.4m) / Total Assets 338.0m
B: -1.43 (Retained Earnings -481.8m / Total Assets 338.0m)
C: 0.17 (EBIT TTM 81.2m / Avg Total Assets 477.0m)
D: -13.81 (Book Value of Equity -481.8m / Total Liabilities 34.9m)
Altman-Z'' Score: -12.28 = D

Beneish M 1.00

DSRI: 0.02 (Receivables 6.37m/4.46m, Revenue 244.1m/3.55m)
GMI: 0.66 (GM 99.38% / 65.38%)
AQI: 0.75 (AQ_t 0.00 / AQ_t-1 0.01)
SGI: 68.75 (Revenue 244.1m / 3.55m)
TATA: -0.06 (NI 87.0m - CFO 107.5m) / TA 338.0m)
Beneish M-Score: 44.23 (Cap -4..+1) = D

What is the price of KROS shares?

As of March 19, 2026, the stock is trading at USD 11.34 with a total of 415,195 shares traded.
Over the past week, the price has changed by -2.84%, over one month by -32.28%, over three months by -45.60% and over the past year by -3.52%.

Is KROS a buy, sell or hold?

Keros Therapeutics has received a consensus analysts rating of 3.92. Therefore, it is recommended to buy KROS.
  • StrongBuy: 5
  • Buy: 2
  • Hold: 6
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the KROS price?

Issuer Target Up/Down from current
Wallstreet Target Price 22.6 99%
Analysts Target Price 22.6 99%

KROS Fundamental Data Overview March 18, 2026

P/E Trailing = 4.7957
P/E Forward = 48.7805
P/S = 1.3769
P/B = 0.7175
Revenue TTM = 244.1m USD
EBIT TTM = 81.2m USD
EBITDA TTM = 82.7m USD
Long Term Debt = 16.9m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 2.41m USD (from shortTermDebt, last quarter)
Debt = 16.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -270.5m USD (from netDebt column, last quarter)
Enterprise Value = 65.5m USD (336.0m + Debt 16.9m - CCE 287.4m)
Interest Coverage Ratio = -7.62 (Ebit TTM 81.2m / Interest Expense TTM -10.7m)
EV/FCF = 0.62x (Enterprise Value 65.5m / FCF TTM 106.0m)
FCF Yield = 161.7% (FCF TTM 106.0m / Enterprise Value 65.5m)
FCF Margin = 43.41% (FCF TTM 106.0m / Revenue TTM 244.1m)
Net Margin = 35.65% (Net Income TTM 87.0m / Revenue TTM 244.1m)
Gross Margin = unknown ((Revenue TTM 244.1m - Cost of Revenue TTM 1.51m) / Revenue TTM)
Tobins Q-Ratio = 0.19 (Enterprise Value 65.5m / Total Assets 338.0m)
Interest Expense / Debt = -63.18% (Interest Expense -10.7m / Debt 16.9m)
Taxrate = 5.31% (4.88m / 91.9m)
NOPAT = 76.9m (EBIT 81.2m * (1 - 5.31%))
Current Ratio = 15.45 (Total Current Assets 315.4m / Total Current Liabilities 20.4m)
Debt / Equity = 0.06 (Debt 16.9m / totalStockholderEquity, last quarter 303.1m)
Debt / EBITDA = -3.27 (Net Debt -270.5m / EBITDA 82.7m)
Debt / FCF = -2.55 (Net Debt -270.5m / FCF TTM 106.0m)
Total Stockholder Equity = 610.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 18.24% (Net Income 87.0m / Total Assets 338.0m)
RoE = 14.25% (Net Income TTM 87.0m / Total Stockholder Equity 610.6m)
RoCE = 12.95% (EBIT 81.2m / Capital Employed (Equity 610.6m + L.T.Debt 16.9m))
RoIC = 12.60% (NOPAT 76.9m / Invested Capital 610.6m)
WACC = 8.73% (E(336.0m)/V(352.9m) * Re(9.17%) + (debt cost/tax rate unavailable))
Discount Rate = 9.17% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 12.10%
[DCF] Terminal Value 78.92% ; FCFF base≈106.0m ; Y1≈130.7m ; Y5≈222.6m
[DCF] Fair Price = 179.8 (EV 3.27b - Net Debt -270.5m = Equity 3.55b / Shares 19.7m; r=8.73% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 36.67 | EPS CAGR: 7.02% | SUE: -0.12 | # QB: 0
Revenue Correlation: 60.99 | Revenue CAGR: 172.8% | SUE: -0.03 | # QB: 0
EPS next Quarter (2026-06-30): EPS=-1.16 | Chg7d=-0.298 | Chg30d=-0.298 | Revisions Net=-4 | Analysts=5
EPS current Year (2026-12-31): EPS=-4.67 | Chg7d=-0.785 | Chg30d=-1.235 | Revisions Net=+1 | Growth EPS=-303.2% | Growth Revenue=-98.7%
EPS next Year (2027-12-31): EPS=-5.05 | Chg7d=-0.825 | Chg30d=-0.825 | Revisions Net=-3 | Growth EPS=-8.1% | Growth Revenue=+266.2%
[Analyst] Revisions Ratio: -1.00 (0 Up / 4 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = -11.7% (Discount Rate 9.2% - Earnings Yield 20.9%)
[Growth] Growth Spread = -85.6% (Analyst -97.2% - Implied -11.7%)

Additional Sources for KROS Stock

Fund Manager Positions: Dataroma | Stockcircle