
TScan Therapeutics (TCRX) Stock Forecast & Price Target
TScan Therapeutics (TCRX) Analyst Ratings
Bulls say
TScan Therapeutics Inc reported a significant increase in revenues, totaling $2.2 million for the quarter compared to $0.6 million in the same period last year, indicating strong momentum in their research collaboration with Amgen. The company is advancing its pipeline of T-cell receptor therapies with promising safety and early efficacy signals, particularly in hematologic malignancies. Furthermore, the adjustments in P/E multiples and discount rates reflect an adaptive approach to current market conditions, which may enhance investor confidence as TScan navigates the challenges of early-stage clinical development.
Bears say
TScan Therapeutics Inc. is facing a negative outlook due to a reduction in its price target from $15 to $10, reflecting a reevaluation of the company's valuation metrics amidst challenging market conditions. The adjustment is attributed to sustained multiple compressions across the small to mid-cap biotech sector, indicating a more cautious investment environment. Additionally, the reliance on future earnings estimates and net present value calculations, which assume a 15x multiple on a projected FY34 EPS, may result in heightened risks given the current market dynamics.
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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