
Tyra Biosciences (TYRA) Stock Forecast & Price Target
Tyra Biosciences (TYRA) Analyst Ratings
Bulls say
Tyra Biosciences Inc. is poised for significant growth, particularly with the anticipated advancements in the development of its lead candidate, TYRA-300, which is expected to provide meaningful improvements in clinical outcomes, such as annual height velocity and other key sequelae. The company has an active 2025 development schedule for TYRA-300, targeting multiple indications and additional pipeline assets, which presents a substantial opportunity for revenue generation. Furthermore, the clearance of trials investigating lower doses of TYRA-300 indicates an ongoing commitment to expanding its clinical footprint, including the upcoming SURF302 study with patient enrollment set to begin in the second quarter of 2025.
Bears say
Tyra Biosciences Inc reported a substantial net loss of $25.6 million, equating to a loss of $0.43 per share, which aligns closely with prior estimates and highlights ongoing financial challenges for the company. Additionally, the company faces significant competition and clinical risks, particularly with its product candidates' adverse effects, as evidenced by the higher toxicity rates observed in similar pan-FGFR inhibitors, indicating potential difficulties in achieving favorable clinical outcomes. Moreover, there are considerable uncertainties surrounding regulatory approval and revenue generation for its lead candidate, TYRA-300, creating a precarious outlook for the company’s financial stability and future growth.
This aggregate rating is based on analysts' research of Tyra Biosciences and is not a guaranteed prediction by Public.com or investment advice.
Tyra Biosciences (TYRA) Analyst Forecast & Price Prediction
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