
TScan Therapeutics (TCRX) Stock Forecast & Price Target
TScan Therapeutics (TCRX) Analyst Ratings
Bulls say
TScan Therapeutics Inc has reported a significant increase in revenues, reaching $2.5 million for the quarter, up from $1 million in the prior year, driven by their collaboration with Amgen, indicating robust growth potential. The promising early efficacy and safety data from the TSC-101 therapy, along with enhancements in manufacturing processes that reduce production time and costs, bolster confidence in the success of upcoming trials and commercial viability. Additionally, the programmatic restructuring has extended the cash runway into late 2027, positioning the company favorably to strengthen its hematologic malignancy programs and explore solid tumor therapies.
Bears say
TScan Therapeutics is facing significant challenges as evidenced by its decision to prioritize the hematologic malignancy program TSC-101 while pausing enrollment in the solid tumor TCR-T study, causing a substantial 36% drop in share value. The company's recent strategic restructuring, which included a 30% personnel reduction, raises concerns about its ability to effectively allocate capital and pursue new clinical candidates, particularly after reporting an 18% relapse rate for TSC-101 in recent trials. Moreover, uncertainties surrounding the funding for upcoming INDs and the lack of clear strategic direction for pursuing partnerships further exacerbate investors' apprehension regarding the company's future growth potential.
This aggregate rating is based on analysts' research of TScan Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
TScan Therapeutics (TCRX) Analyst Forecast & Price Prediction
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