Centessa Announces Q3 EPS of 41 Cents, Exceeding Consensus Estimate of 39 Cents
Progress on OX2R Agonist Program: Centessa's ORX750 shows promising results as a potential best-in-class OX2R agonist for treating NT1, NT2, and IH, achieving significant outcomes in key measures during Phase 2a trials.
Safety and Efficacy: The clinical data indicates a favorable safety profile and a wide therapeutic window for ORX750, with plans to initiate a registrational program in Q1 2026.
Advancements in Other Candidates: ORX142 has demonstrated a differentiated profile in Phase 1 studies, leading to plans for patient studies starting in Q1 2026, while ORX489 is progressing through IND enabling studies.
Leadership in Neuroscience: Centessa aims to establish a strong position in the emerging class of orexin agonists, building a long-term growth platform in neuroscience with multiple candidates in development.
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- Complete Exit: Tanager Wealth Management disclosed in a January 26 SEC filing that it sold its entire stake in Centessa Pharmaceuticals, totaling 598,044 shares in the fourth quarter, with an estimated transaction value of $14.50 million, indicating a complete liquidation of its investment in the company.
- Asset Management Shift: This exit means that Centessa now represents 0% of Tanager's reportable 13F AUM, down from 1.5% in the previous quarter, reflecting a significant reduction in confidence towards the stock.
- Improving Fundamentals: Despite Tanager's exit, Centessa's fundamentals are improving, as evidenced by its latest earnings report showing $349 million in cash and investments, along with a $250 million investment received in November, indicating a strengthening financial position.
- Market Performance Comparison: Centessa's stock price has risen approximately 56.7% over the past year, significantly outperforming the S&P 500's roughly 14% gain during the same period, highlighting its potential and market recognition in the biotechnology sector.
- Position Change: Tanager Wealth Management completely exited its position in Centessa Pharmaceuticals (CNTA) in Q4, selling 598,044 shares, resulting in a $14.50 million decrease in position value, reflecting both stock price movement and the sale itself.
- Asset Management Ratio Decline: This exit reduced CNTA's representation in Tanager Wealth Management's reported AUM from 1.5% to 0%, highlighting the fund's risk management strategy regarding individual biotech stocks.
- Market Performance Comparison: As of January 26, CNTA shares were priced at $25.73, up approximately 56.7% over the past year, significantly outperforming the S&P 500's roughly 14% gain during the same period, indicating market confidence in its fundamentals.
- Improving Company Fundamentals: Centessa Pharmaceuticals reported $349 million in cash and investments in its latest earnings release, along with $250 million from investors in November, showcasing its robust development in the clinical-stage biotech sector.

- New Data Presentation: Centessa Pharmaceuticals showcased preclinical data on OX2R agonists at the ACNP annual meeting, demonstrating significant improvements in behavioral despair and wakefulness in depression animal models, indicating potential for rapid mood enhancement.
- Clear Strategic Direction: CEO Mario Alberto Accardi, PhD, emphasized the company's commitment to exploring new therapeutic options through its multi-asset OX2R agonist pipeline, addressing mood symptoms and excessive daytime sleepiness, showcasing foresight in the neuroscience field.
- Clinical Trial Progress: The OX2R agonist ORX750 is currently undergoing Phase 2 CRYSTAL-1 study aimed at treating sleep-wake disorders, including narcolepsy, indicating Centessa's potential expansion into high unmet clinical needs.
- Solid Scientific Foundation: The presented research supports the scientific basis for OX2R agonists as novel treatment modalities, potentially offering new therapeutic options for various neuropsychiatric disorders, further solidifying Centessa's leadership in this domain.

- Oversold Signal: Centessa Pharmaceuticals' RSI has dropped to 28.4, indicating that the recent heavy selling may be exhausting itself, prompting investors to consider entry points for buying, reflecting a growing market interest in the stock.
- Price Fluctuation: CNTA's stock has a 52-week low of $9.60 and a high of $30.58, with the current trading price at $22.51, suggesting potential for a rebound amidst volatility.
- Market Comparison: Compared to the S&P 500 ETF (SPY) RSI of 60.5, CNTA's low RSI may attract investors looking for undervalued stocks, highlighting a divergence in market sentiment.
- Investor Attention: The current oversold condition may lead investors to reassess CNTA's value, especially as its price approaches the 52-week low, potentially stimulating increased buying interest.
- Market Performance: U.S. stocks mostly closed higher on Friday, with the Dow Jones gaining over 300 points during the session, indicating a strong market rebound, particularly driven by technology stocks.
- NVIDIA's Positive Outlook: Analyst Ruben Roy maintained a Buy rating on NVIDIA with a price target of $250, suggesting an upside of approximately 32%, reflecting strong market confidence in its future growth prospects.
- Tesla Delivery Data: Tesla produced 434,358 vehicles and delivered 418,227 in Q4, falling short of the Visible Alpha estimate, leading analyst William Stein to downgrade its rating from Buy to Hold, with a target price cut from $444 to $439, indicating cautious sentiment regarding its short-term performance.
- Capital One Financial Outlook: Analyst Keith Horowitz maintained a Buy rating on Capital One and raised the price target from $290 to $310, expecting a 25% increase in the stock, reflecting optimism ahead of its upcoming Q4 earnings report.

- Leadership Transition: Centessa Pharmaceuticals has appointed Dr. Mario Alberto Accardi as CEO effective January 1, 2026, marking a strategic shift from a diversified R&D focus to a dedicated orexin drug portfolio.
- Strategic Focus: Dr. Accardi will succeed Dr. Saurabh Saha, who has made significant contributions during the company's early development, with the new leadership expected to advance the orexin drug pipeline and achieve multiple key milestones in 2026.
- Pipeline Prospects: Centessa's OX2R agonist ORX750 has demonstrated potential in treating narcolepsy, with a registrational program expected to initiate in Q1 2026, indicating significant progress in the neuroscience field.
- Industry Leadership: Dr. Accardi's extensive background in orexin biology will enhance Centessa's leadership position in neuroscience, driving breakthroughs in the treatment of various neurodegenerative and neuropsychiatric disorders.








