
Terns Pharmaceuticals (TERN) Stock Forecast & Price Target
Terns Pharmaceuticals (TERN) Analyst Ratings
Bulls say
Terns Pharmaceuticals Inc is demonstrating a promising trajectory with its lead asset, TERN-701, which has shown significant potential in treating chronic myeloid leukemia (CML) with a cumulative major molecular response (MMR) of 50% and a favorable safety profile lacking dose-limiting toxicities. The encouraging data from TERN-701's Phase 1 CARDINAL study, particularly its efficacy in TKI-resistant patients, suggests a strong foundation for further development, with longer-term data expected to reinforce these positive trends. Additionally, the company's approach to enhancing dosing and tolerability sets it apart from existing therapies, positioning Terns for potential growth as it continues to explore earlier-line treatment options for CML and other chronic liver diseases.
Bears say
Terns Pharmaceuticals Inc faces significant risks that could adversely affect its stock outlook, primarily due to potential failures in ongoing and future clinical trials, which could hinder the advancement of its product pipeline. The company also encounters substantial commercial and competitive pressures, including the possibility of smaller-than-anticipated market opportunities and challenges in securing regulatory approvals, which could limit the potential for profitability. Additionally, financing issues and potential opposition to intellectual property may further complicate the company's path toward successful market entry, increasing the inherent risk associated with investing in Terns Pharmaceuticals.
This aggregate rating is based on analysts' research of Terns Pharmaceuticals and is not a guaranteed prediction by Public.com or investment advice.
Terns Pharmaceuticals (TERN) Analyst Forecast & Price Prediction
Start investing in Terns Pharmaceuticals (TERN)
Order type
Buy in
Order amount
Est. shares
0 shares