(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 32
Risk 29
Buy Signal -0.77
Risk 5d forecast
Volatility 58.3%
Relative Tail Risk -13.0%
Reward TTM
Sharpe Ratio 0.51
Alpha 8.61
Character TTM
Beta 0.775
Beta Downside -0.796
Drawdowns 3y
Max DD 86.45%
CAGR/Max DD -0.43

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,

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: null,

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.

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income: 64.4m TTM > 0 and > 6% of Revenue
FCF/TA: 0.12 > 0.02 and ΔFCF/TA 36.32 > 1.0
NWC/Revenue: 281.8% < 20% (prev 80.3k%; Δ -80.1k% < -1%)
CFO/TA 0.12 > 3% & CFO 88.8m > Net Income 64.4m
Net Debt (-676.0m) to EBITDA (82.4m): -8.21 < 3
Current Ratio: 29.86 > 1.5 & < 3
Outstanding Shares: last quarter (40.6m) vs 12m ago 12.52% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 37.32% > 50% (prev 0.11%; Δ 37.21% > 0%)
Interest Coverage Ratio: 8.26 > 6 (EBITDA TTM 82.4m / Interest Expense TTM 9.80m)

Altman Z'' -7.32

A: 0.94 (Total Current Assets 719.3m - Total Current Liabilities 24.1m) / Total Assets 742.8m
B: -0.62 (Retained Earnings -458.3m / Total Assets 742.8m)
C: 0.12 (EBIT TTM 80.9m / Avg Total Assets 661.0m)
D: -11.69 (Book Value of Equity -458.3m / Total Liabilities 39.2m)
Altman-Z'' Score: -7.32 = D

Beneish M 1.00

DSRI: 0.01 (Receivables 5.57m/1.92m, Revenue 246.7m/651.0k)
GMI: 1.00 (fallback, negative margins)
AQI: 0.37 (AQ_t 0.00 / AQ_t-1 0.01)
SGI: 379.0 (Revenue 246.7m / 651.0k)
TATA: -0.03 (NI 64.4m - CFO 88.8m) / TA 742.8m)
Beneish M-Score: 266.8 (Cap -4..+1) = D

What is the price of KROS shares?

As of March 05, 2026, the stock is trading at USD 13.77 with a total of 368,960 shares traded.
Over the past week, the price has changed by -9.53%, over one month by -23.71%, over three months by -32.07% and over the past year by +18.81%.

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 23 67%
Analysts Target Price 23 67%

KROS Fundamental Data Overview March 02, 2026

P/E Trailing = 9.0962
P/E Forward = 16.7224
P/S = 1.7523
P/B = 0.6144
Revenue TTM = 246.7m USD
EBIT TTM = 80.9m USD
EBITDA TTM = 82.4m USD
Long Term Debt = 17.4m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 2.32m USD (from shortTermDebt, last quarter)
Debt = 17.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -676.0m USD (from netDebt column, last quarter)
Enterprise Value = -243.7m USD (432.3m + Debt 17.4m - CCE 693.5m)
Interest Coverage Ratio = 8.26 (Ebit TTM 80.9m / Interest Expense TTM 9.80m)
EV/FCF = -2.80x (Enterprise Value -243.7m / FCF TTM 87.1m)
FCF Yield = -35.73% (FCF TTM 87.1m / Enterprise Value -243.7m)
FCF Margin = 35.30% (FCF TTM 87.1m / Revenue TTM 246.7m)
Net Margin = 26.12% (Net Income TTM 64.4m / Revenue TTM 246.7m)
Gross Margin = unknown ((Revenue TTM 246.7m - Cost of Revenue TTM 1.44m) / Revenue TTM)
Tobins Q-Ratio = -0.33 (set to none) (Enterprise Value -243.7m / Total Assets 742.8m)
Interest Expense / Debt = 56.22% (Interest Expense 9.80m / Debt 17.4m)
Taxrate = 21.0% (US default 21%)
NOPAT = 63.9m (EBIT 80.9m * (1 - 21.00%))
Current Ratio = 29.86 (Total Current Assets 719.3m / Total Current Liabilities 24.1m)
Debt / Equity = 0.02 (Debt 17.4m / totalStockholderEquity, last quarter 703.6m)
Debt / EBITDA = -8.21 (Net Debt -676.0m / EBITDA 82.4m)
Debt / FCF = -7.76 (Net Debt -676.0m / FCF TTM 87.1m)
Total Stockholder Equity = 677.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 9.75% (Net Income 64.4m / Total Assets 742.8m)
RoE = 9.51% (Net Income TTM 64.4m / Total Stockholder Equity 677.7m)
RoCE = 11.64% (EBIT 80.9m / Capital Employed (Equity 677.7m + L.T.Debt 17.4m))
RoIC = 9.44% (NOPAT 63.9m / Invested Capital 677.7m)
WACC = 8.43% (E(432.3m)/V(449.7m) * Re(8.77%) + (debt cost/tax rate unavailable))
Discount Rate = 8.77% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 16.12%
[DCF] Terminal Value 79.87% ; FCFF base≈87.1m ; Y1≈107.4m ; Y5≈182.9m
[DCF] Fair Price = 115.5 (EV 2.84b - Net Debt -676.0m = Equity 3.52b / Shares 30.5m; r=8.43% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 46.06 | EPS CAGR: 33.46% | SUE: 0.52 | # QB: 0
Revenue Correlation: 46.49 | Revenue CAGR: -8.62% | SUE: 0.17 | # QB: 0
EPS next Year (2026-12-31): EPS=-3.89 | Chg7d=-0.450 | Chg30d=-0.947 | Revisions Net=+6 | Growth EPS=-265.8% | Growth Revenue=-96.4%

Additional Sources for KROS Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle