
Tyra Biosciences (TYRA) Stock Forecast & Price Target
Tyra Biosciences (TYRA) Analyst Ratings
Bulls say
Tyra Biosciences Inc. possesses a strong potential for growth, underpinned by its innovative precision medicine platform, SNAP, which enhances the development of its drug candidates. The company’s lead candidate, TYRA-300, is expected to yield significant improvements in clinical outcomes, indicating a promising future for its efficacy across multiple indications. Additionally, the advancement of clinical trials and the commitment to a busy development schedule for 2025 suggest that Tyra Biosciences is well-positioned to maximize its market opportunities and impact within the FGFR biology space.
Bears say
Tyra Biosciences Inc reported a net loss of $25.6 million, equating to a loss of $0.43 per share, which closely aligns with previous estimates and reflects ongoing financial challenges. The company faces significant risks related to potential clinical or regulatory setbacks, particularly for its lead product candidate, TYRA-300, which could adversely affect its revenue prospects if not approved. Additionally, the high incidence of toxicity and adverse effects associated with competing FGFR inhibitors raises concerns about the effectiveness and tolerability of Tyra's drug candidates, potentially hindering market acceptance and future financial performance.
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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