Mereo BioPharma Group (NASDAQ:MREO – Get Free Report) will likely be posting its Q2 2026 results before the market opens on Tuesday, August 11th. Analysts expect Mereo BioPharma Group to post earnings of ($0.01) per share and revenue of $3.50 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, August 12, 2026 at 2:00 AM ET.
Mereo BioPharma Group (NASDAQ:MREO – Get Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.03). On average, analysts expect Mereo BioPharma Group to post $-0 EPS for the current fiscal year and $-0 EPS for the next fiscal year.
Mereo BioPharma Group Trading Up 3.3%
Shares of MREO stock traded up $0.01 on Tuesday, reaching $0.33. 142,618 shares of the stock were exchanged, compared to its average volume of 5,323,200. Mereo BioPharma Group has a twelve month low of $0.20 and a twelve month high of $2.37. The company has a market capitalization of $52.04 million, a price-to-earnings ratio of -6.52 and a beta of 0.36. The business’s 50 day moving average price is $0.32 and its 200 day moving average price is $0.35.
Institutional Investors Weigh In On Mereo BioPharma Group
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on MREO. BTIG Research reissued a “buy” rating and set a $1.00 target price on shares of Mereo BioPharma Group in a research report on Tuesday, May 12th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Mereo BioPharma Group in a report on Thursday, July 2nd. Finally, Zacks Research upgraded shares of Mereo BioPharma Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 10th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $3.25.
View Our Latest Report on MREO
Mereo BioPharma Group Company Profile
Mereo BioPharma Group plc is a clinical‐stage biopharmaceutical company focused on developing novel therapies for rare diseases, oncology and severe respiratory conditions. The company pursues an asset‐centric model, in which it in-licenses or acquires clinical-stage small molecules and monoclonal antibodies with established safety profiles. By concentrating resources on a select number of programs, Mereo aims to accelerate proof-of-concept studies and maximize the potential value of each therapeutic candidate.
Mereo’s pipeline includes investigational therapies for skeletal disorders, such as setrusumab (BPS-804) for osteogenesis imperfecta, and treatments for acute and chronic respiratory diseases.
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