Overview
* ORIC Pharmaceuticals ( ORIC ) reports Q3 net loss of $32.6 mln, with decreased operating expenses
* Cash and investments of $413 mln expected to fund operations into 2H 2028
Outlook
* Company anticipates cash to fund operations into 2H 2028
Result Drivers
* LEADERSHIP APPOINTMENT - Appointment of Kevin Brodbeck, PhD, as Chief Technical Officer to support late-stage development
* Research and development (R&D) expenses were $28.8 million for the three months ended September 30, 2025
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Net -$32.59
Income mln
Q3 -$36.67
Income mln
from
Operatio
ns
Q3 $36.67
Operatin mln
g
Expenses
Analyst Coverage
* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 12 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the biotechnology & medical research peer group is "buy."
* Wall Street's median 12-month price target for Oric Pharmaceuticals Inc ( ORIC ) is $19.50, about 36% above its November 12 closing price of $12.48
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)