Olema Pharmaceuticals Surges 9% Post-Earnings Despite Mounting Losses
Olema Pharmaceuticals (OLMA) rallied 8.5% Monday after narrowly beating Q4 EPS estimates, reporting a $0.50 loss versus the anticipated $0.51. The biotech firm's GAAP net losses totaled $46.1 million for the quarter and $162.5 million for 2025—yet Stifel maintains a Buy rating with a $48 target, citing sufficient cash reserves through mid-2028.
Investors shrugged off Roche's failed persevERA trial, which cast shadows on Olema's OPERA-02 study. The stock remains volatile: up 234% year-over-year but down 41% YTD, reflecting the sector's high-risk appetite.