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Corcept Therapeutics Incorporated (CORT)

118.32 +25.37 (+27.29%)
At close: 4:00:01 PM EDT
116.00 -2.32 (-1.96%)
After hours: 4:06:27 PM EDT
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CORT Q2 2026 earnings call
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News headlines Corcept Therapeutics (CORT) reported Q2 revenue of $256.1 million, a 32% increase year-over-year, and EPS of $0.36, significantly beating expectations. The company raised its 2026 revenue guidance to $1.1–1.2 billion, driving a 27% stock surge and positive analyst sentiment.

Corcept Therapeutics (CORT) reported Q2 revenue of $256.1 million, a 32% increase year-over-year, and EPS of $0.36, significantly beating expectations. The company raised its 2026 revenue guidance to $1.1–1.2 billion, driving a 27% stock surge and positive analyst sentiment.

Updated 14m ago · Powered by Yahoo Scout
  • Previous Close 92.95
  • Open 112.00
  • Bid 87.40 x 200
  • Ask 100.42 x 200
  • Day's Range 104.94 - 122.21
  • 52 Week Range 28.66 - 122.21
  • Volume 4,453,546
  • Avg. Volume 1,154,121
  • Market Cap (intraday) 12.702B
  • Beta (5Y Monthly) 0.46
  • PE Ratio (TTM) 338.06
  • EPS (TTM) 0.35
  • Earnings Date Jul 29, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 115.00

Corcept Therapeutics Incorporated, a biopharmaceutical company, engages in the discovery and development of medications to treat severe endocrinologic, oncologic, metabolic, and neurologic disorders in the United States. The company offers Korlym, an oral medication for the treatment of hyperglycemia secondary to hypercortisolism in adult patients with endogenous Cushing's syndrome who have type 2 diabetes mellitus or glucose intolerance and have failed surgery or are not candidates for surgery. It also develops relacorilant, a selective cortisol modulator for patients with hypercortisolism; a selective cortisol modulator miricorilant, which is in Phase 1b trial for metabolic dysfunction-associated steatohepatitis; and a portfolio of proprietary selective cortisol modulators, such as relacorilant, nenocorilant, miricorilant, and dazucorilant for the treatment of Lou Gehrig's disease. The company was incorporated in 1998 and is headquartered in Redwood City, California.

www.corcept.com

730

Full Time Employees

December 31

Fiscal Year Ends

Performance Overview

Trailing total returns as of 7/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

CORT
240.00%
S&P 500 (^GSPC)
8.65%

1-Year Return

CORT
69.25%
S&P 500 (^GSPC)
16.89%

3-Year Return

CORT
366.75%
S&P 500 (^GSPC)
62.31%

5-Year Return

CORT
469.67%
S&P 500 (^GSPC)
69.22%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized
 

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q1 FY26
Revenue 164.9M
Earnings -31.76M

Q3

FY25

Q4

FY25

Q1

FY26

0
50M
100M
150M
200M
 

Analyst Insights

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Top Analyst

Piper Sandler
74/100
Latest Rating
Overweight
 

Analyst Price Targets

50.00 Low
115.00 Average
118.32 Current
165.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Latest Rating

Date 7/30/2026
Analyst Piper Sandler
Rating Action Reiterates
Rating Overweight
Price Action Raises
Price Target 88 -> 165
 

Statistics

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Valuation Measures

Annual
As of 7/29/2026
  • Market Cap

    9.98B

  • Enterprise Value

    9.65B

  • Trailing P/E

    265.57

  • Forward P/E

    113.64

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    14.04

  • Price/Book (mrq)

    15.64

  • Enterprise Value/Revenue

    12.55

  • Enterprise Value/EBITDA

    99.13

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    6.16%

  • Return on Assets (ttm)

    -0.62%

  • Return on Equity (ttm)

    7.17%

  • Revenue (ttm)

    769.1M

  • Net Income Avi to Common (ttm)

    46.68M

  • Diluted EPS (ttm)

    0.35

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    338.18M

  • Total Debt/Equity (mrq)

    1.51%

  • Levered Free Cash Flow (ttm)

    115.66M

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Company Insights

Fair Value

118.32 Current
 

Dividend Score

0 Low
Sector Avg.
100 High
 

Hiring Score

0 Low
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
Sector Avg.
100 High
 

Research Reports

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  • Lowering target price to $99.00

    CORCEPT THERAPEUTICS INC has an Investment Rating of HOLD; a target price of $99.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     
  • Raising target price to $100.00

    CORCEPT THERAPEUTICS INC has an Investment Rating of HOLD; a target price of $100.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     
  • Lowering target price to $95.00

    CORCEPT THERAPEUTICS INC has an Investment Rating of HOLD; a target price of $95.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     
  • Raising target price to $99.00

    CORCEPT THERAPEUTICS INC has an Investment Rating of HOLD; a target price of $99.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     

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