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, 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 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 is a biotechnology company that develops Imetelstat, a telomerase inhibitor in hematologic myeloid malignancies. It focuses on oncology-focused therapeutic products.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

This article is originally published at Insider Monkey.