With significant hedge fund interest and a share price under $10, Geron Corporation (NASDAQ:GERN) secures a spot on our list of the 11 Best Single Digit Stocks to Buy According to Hedge Funds.
A well-stocked pharmacy shelf full of the company's pharmaceuticals, nutraceuticals, over-the-counter medications, and health care products.
Geron Corporation (NASDAQ:GERN) announced the grant of stock options on August 8, 2025. The options to purchase 11 million shares are offered to newly appointed President and CEO Harout Semerjian at an exercise price of $1.30, the company’s closing share price on August 8. Furthermore, the options incentivize long-term alignment with a 10-year term, along with structured vesting over four years.
This development takes place amid mixed Wall Street sentiment. On August 7, Scotiabank reiterated its ‘Hold’ rating on Geron Corporation (NASDAQ:GERN) with a $1.50 price target. Meanwhile, Barclays also maintained its ‘Buy’ rating, but with a higher $4.00 target. Previously, H.C. Wainwright maintained a ‘Hold’ rating on the company on July 29. The analyst sentiment appears divided around the company’s short-term outlook, awaiting the commercial rollout of its telomerase inhibitor RYTELO and the potential strategic direction under Semerjian’s leadership.
Geron Corporation (NASDAQ:GERN), a biopharmaceutical company, focuses on developing oncology therapeutics for transfusion-dependent anemia. It is included in our list of the Best Single Digit Stocks.
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