What Do Investors Think About Geron Corporation (GERN) Following Q2 Results?

Geron Corporation (NASDAQ:GERN) is one of the best long-term penny stocks to buy right now. Geron Corporation (NASDAQ:GERN) reported its fiscal Q2 2025 results on August 6, announcing $49.0 million in RYTELO net product revenue in the quarter.

Is Geron Corp. (GERN) the Best Nasdaq Stock Under $5 to Buy?

Management also reported that the Phase 3 IMpactMF clinical trial in relapsed/refractory myelofibrosis is over 95% enrolled and is anticipated to be fully enrolled by year-end.

On August 15, Leerink Partners analyst Faisal Khurshid reiterated a Buy rating on Geron Corporation (NASDAQ:GERN), keeping the associated price target the same at $3.00.

In another report released on August 7, Barclays also maintained a Buy rating on Geron Corporation (NASDAQ:GERN) with a $4.00 price target.

The stock’s median price target of $1.43 implies an upside of 179.72% from current levels.

Geron Corporation (NASDAQ:GERN) is a biotechnology company that develops Imetelstat, a telomerase inhibitor in hematologic myeloid malignancies. It focuses on oncology-focused therapeutic products.

While we acknowledge the potential of GERN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GERN and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.