
TG Therapeutics (TGTX) Stock Forecast & Price Target
TG Therapeutics (TGTX) Analyst Ratings
Bulls say
TG Therapeutics Inc. reported a significant increase in net product revenue, with 4Q24 revenue reaching approximately $103.6 million, marking a 160% year-over-year growth, and a total of $310.0 million for FY24, up roughly 250% year-over-year. The company's expansion of its field team in 2024 and ongoing product innovations, such as faster infusion times and the promising potential for a subcutaneous injection, are anticipated to enhance market share in the intravenous market. Furthermore, positive results from the Phase 3b ENHANCE trial regarding the tolerability of the rapid BRIUMVI infusions are expected to strengthen the company's competitive position and drive future revenue growth.
Bears say
TG Therapeutics Inc. has reported an increase in selling, general, and administrative (SG&A) expenses, rising to $30.2 million in 4Q24 from $24.6 million in 4Q23, which may raise concerns about ongoing operational efficiency. Furthermore, research and development (R&D) expenses have also escalated to $20.7 million in 4Q24 compared to $14.6 million the previous year, indicating a potentially unsustainable rise in costs as the company attempts to advance its clinical trials. Despite reporting a GAAP EPS of $0.15 and a non-GAAP EPS of $0.22, the elevated operational and R&D expenses could suggest that long-term profitability may be jeopardized, contributing to a negative outlook on the stock.
This aggregate rating is based on analysts' research of TG Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
TG Therapeutics (TGTX) Analyst Forecast & Price Prediction
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