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How to Buy Cerevel Therapeutics Holdings Stock

Cerevel Therapeutics Holdings Inc

Cerevel Therapeutics Holdings, Inc. , a clinical-stage biopharmaceutical company, engages in the development of various therapies for neuroscience diseases.

Cerevel Therapeutics Holdings stock last closed at $40.88, down 0.44% from the previous day, and has increased 54.03% in one year. It has overperformed other stocks in the Biotechnology industry by 0.78 percentage points. Cerevel Therapeutics Holdings stock is currently +108.68% from its 52-week low of $19.59, and -6.22% from its 52-week high of $43.59.

There are currently 180.28M CERE shares outstanding. The market cap of CERE is $7.37B. In the past 24 hours, 1.02M CERE shares were traded.

How to Buy Cerevel Therapeutics Holdings Stock

Not sure how to invest in Cerevel Therapeutics Holdings stock? Here's how.
  1. Figure out where to buy Cerevel Therapeutics Holdings stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Cerevel Therapeutics Holdings stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Select your payment method and add your info.
  4. Evaluate Cerevel Therapeutics Holdings stock: The Cerevel Therapeutics Holdings ticker symbol is CERE. Is Cerevel Therapeutics Holdings stock a good investment? Should you buy shares of CERE? How do CERE's underlying business fundamentals look? Do top analysts think Cerevel Therapeutics Holdings is a good buy? Why has CERE's stock price moved recently? (Hint: Our stock research tools can help you evaluate if CERE is a good stock to buy).
  5. Execute your CERE buy order: Decide if you will purchase CERE shares at the current market price or use a limit order to purchase CERE shares at a specific price.
  6. Watch your CERE investment: Create a watchlist to track your investment in Cerevel Therapeutics Holdings shares.

Step 1: Figure out where to buy Cerevel Therapeutics Holdings stock

You need a brokerage account in order to access the NASDAQ market and buy CERE stock.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal details so you are able to buy CERE today.

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  2. Enter your personal info to create a new brokerage account.
  1. Submit your application by clicking the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you have finished signing up on the stock trading app, you can securely and quickly fund your account:

Check out the video below for more details depositing money into your new investment account.

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Step 4: Evaluate Cerevel Therapeutics Holdings stock

Once you have chosen the best place to buy Cerevel Therapeutics Holdings stock, it's crucial to research their stock before you buy, so you can wrap your head around the risk as well as the upside.

Cerevel Therapeutics Holdings Numbers

CERE Price
$40.88
1w %
-3.97%
1y %
54.03%
5y %
N/A
P/E
-16.35x
P/B
27x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$392.99M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$7.37B
Next Earnings
N/A
Next Dividend
N/A

Cerevel Therapeutics Holdings Fundamentals

WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on CERE's stock page.

How is CERE stock valued?

Analysts use many financial metrics, analyses, models, and charts to gauge CERE's true value.

Using relative valuations methods:

  • CERE may be overvalued based on its P/B ratio of 27x, relative to Biotechnology industry P/B ratio of 6.12x

You can do additional valuation research on CERE's stock here.

CERE Financial Health Overview

Passed Financial Due Diligence Checks:

  • CERE has $678.84M in cash and short term investments. This is enough to cover its annual cash burn of $335.72M.
  • CERE has cash burn of 335719000. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the CERE balance sheet.
  • There are more short-term assets than short-term liabilities on the CERE balance sheet.

Failed Financial Due Diligence Checks:

  • CERE has a relatively high debt to equity ratio of 2.01.

Is CERE stock a Buy, Hold, or Sell, according to analysts?

Out of 8 Wall Street analysts who give forecasts on CERE, the consensus analyst rating on Cerevel Therapeutics Holdings is a Hold

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

Most Recent CERE Analyst Recommendations

David Amsellem, a top 16% analyst from Piper Sandler downgrades CERE to a hold rating and raises their CERE price target from $33.00 to $45.00, on Dec 7, 2023.

Charles Duncan, a top 3% analyst from Cantor Fitzgerald downgrades CERE to a hold rating and raises their CERE price target from $38.00 to $45.00, on Dec 7, 2023.

Matthew Harrison, a top 34% analyst from Morgan Stanley maintains CERE with a strong buy rating and lowers their CERE price target from $42.00 to $38.00, on Nov 2, 2023.

You can dig deeper into what analysts are projecting on the Cerevel Therapeutics Holdings stock forecast page.

CERE Momentum

SMA10
42.16
SMA20
42.02
SMA50
42.02
SMA100
33.7
SMA200
30.81
MACD
0.06
MACD Signal
0.36
MACD Histogram
-0.31
RSI
40.01
Stochastic %K
8.66
Stochastic %D
11.73
StochRSI %K
1.69
StochRSI %D
3.51

Latest Insiders Trades at CERE

In the past 12 months, executives and large shareholders at CERE have bought more shares than they have sold.

N. Anthony Coles, Director of CERE, was the latest CERE insider to sell. They sold $104,109.26 worth of CERE stock on Feb 7, 2024.

Learn more about who owns CERE shares here.

Does CERE stock generate passive income?

No, Cerevel Therapeutics Holdings doesn't provide an income stream by paying out dividends.

What others are saying about CERE

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Execute your CERE buy order

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly sufficient.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price limit, place a limit order.

Press the Open button and your broker will execute the order.

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Step 6: Watch your CERE investment

Now that you own some CERE shares, you'll want to stay up-to-date on your new company.

Create a watchlist to get the latest updates about your CERE stock.

CERE Feed

How to Buy Stock in Cerevel Therapeutics Holdings

To summarize, here are the 6 steps to buy stock in Cerevel Therapeutics Holdings:

  1. Figure out where to buy Cerevel Therapeutics Holdings stock
  2. Create your brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Cerevel Therapeutics Holdings stock
  5. Execute your CERE buy order
  6. Watch your CERE investment

If you require a brokerage account, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your new investment in Cerevel Therapeutics Holdings, create your watchlist below.

NASDAQ: CERE
$40.88-0.18 (-0.44%)
Updated Feb 23, 2024
Open eToro Account
NASDAQ: CERE
$40.88-0.18 (-0.44%)
Updated Feb 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Cerevel Therapeutics Holdings share?

As of Feb 23, 2024, it costs $40.88 to buy one share of Cerevel Therapeutics Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.245 shares of CERE.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Cerevel Therapeutics Holdings stock?

According to 8 Wall Street analysts who monitor Cerevel Therapeutics Holdings, their consensus recommendation is to hold Cerevel Therapeutics Holdings stock.

What is the best way to buy Cerevel Therapeutics Holdings stock?

One way to place an order for Cerevel Therapeutics Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.