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Corcept Therapeutics Incorporated
NASDAQ: CORT Healthcare Pharma 🔎 Screen
🏹 Trader: 🚀 Stage 2 + Near High 📈 Stage 2 🎯 Near 52W High | BRS 86 Ready View all →
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$11.7B
Market Cap
42.4
P/E
1.96
PEG
15.3%
ROCE
15.0%
ROE
0.01
D/E
5.9%
OPM
-8.7%
% from 52W High
97
α RS
🔍 CORT is showing a high-conviction setup because it matches 8 of 39 tracked screener presets, Sector RRG has Technology in the Leading quadrant with the trail still strengthening, and RS Rating is 97 (top decile vs market). Net: Broad signal stack, not a recommendation. ? Conviction RRG RS Rating
Sources
Conviction 8/39 · Technology in Leading quadrant · RS Rating 97
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🌏 Global Investor Returns
Currency-adjusted total returns for CORT including FX impact
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

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.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
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⭐ Superinvestors Holding CORT
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 5.68M $229.1M 0.36% Mar 2026
Steve Cohen Point72 Asset Management 56.2K $2.3M 0.00% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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📊 MIXED Corcept reports Q1 2026 revenue of $164.9M, net loss of $31.8M, raises guidance.
Revenue & Profitability
Q1 2026 revenue was $164.9 million, up from $157.2 million in Q1 2025. Net loss was $31.8 million versus net income of $20.5 million in the prior year. Cash and investments were $515 million as of March 31, 2026. The company raised its 2026 revenue guidance to $950 million-$1.05 billion.
Outlook
Management sees strong tailwinds from growing awareness of hypercortisolism's prevalence, driven by CATALYST and MOMENTUM publications and ACE guidelines. Demand for Cushing's syndrome medications is expected to grow, with the business projected to reach at least $2 billion in annual revenue by the end of the decade. Lifyorli is expected to exceed $1 billion in U.S. revenue by 2030.
Growth Drivers
Key growth levers include the expanding Cushing's syndrome business (record prescriptions and patients starts in Q1 2026) and the Lifyorli launch in platinum-resistant ovarian cancer (over 200 prescribers within 36 days). The relacorilant NDA for Cushing's syndrome is under FDA review. Pipeline catalysts include DAZALS (ALS) with an 84% reduction in risk of death at one year, and MONARCH (MASH) results expected by year-end.
Balance Sheet & CapEx
Not discussed in this earnings call.
Margins
Not discussed in this earnings call.
Key Risks
Risks include insurance reauthorization procedures at year-start that temporarily interrupt coverage and depress revenue, a backlog in prior authorization at the specialty pharmacy during the vendor transition, and GI tolerability issues with dazucorilant that caused discontinuations in the DAZALS trial. Management is conducting a dose titration study to address the latter.
Generated by AI · Q1 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-29
Q2 2026 revenue grew 32% year-over-year to $256.1 million, driven by strong launches in both endocrinology and oncology. LIFYORLI saw rapid uptake with over 1,300 patients treated, and guidance was raised to $1.1–$1.2 billion for 2026.
Q1 2026 Q1 2026 2026-04-30
Q1 2026 revenue grew 4.9% year-over-year to $164.9M, but net loss reached $31.8M due to launch costs. Lifyorli’s early FDA approval and rapid adoption, plus strong endocrinology growth, led to raised 2026 guidance of $950M–$1.05B.
Q4 2025 Q4 2025 2026-02-24
Revenue grew 13% to $761M in 2025, driven by record Cushing's syndrome demand, while net income declined. Regulatory and legal setbacks impacted relacorilant, but strong clinical data and pharmacy transition support future growth.
Q3 2025 Q3 2025 2025-11-04
Q3 2025 revenue rose 14% year-over-year to $207.6M, with strong hypercortisolism growth and expanded prescriber base. Net income declined, but cash remains robust after $50M in stock buybacks. Multiple late-stage clinical programs are advancing, with Relacorilant FDA decisions expected in 2025 and 2026.
Q2 2025 Q2 2025 2025-07-31
Q2 2025 revenue rose 19% year-over-year to $194.4 million, driven by record prescription growth and expanding market awareness. Relacorilant is expected to replace Korlym and drive multi-billion dollar annual sales, with key regulatory decisions and expanded pharmacy capacity anticipated by year-end.
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📊 Analysis Methodology

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
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Information Sources:
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