
Tyra Biosciences (TYRA) Stock Forecast & Price Target
Tyra Biosciences (TYRA) Analyst Ratings
Bulls say
Tyra Biosciences Inc has established itself as a clinical-stage leader in the biopharmaceutical sector, focusing on innovative therapies that target FGFR biology, which is expected to address significant market needs in conditions like urothelial carcinoma and achondroplasia. The company’s proprietary SNAP platform allows for optimized drug design, and the anticipated strong clinical profile of its lead candidate, TYRA-300, suggests potential improvements in treatment efficacy and patient outcomes, thus enhancing the company's growth prospects. Furthermore, the market opportunity exceeds $10 billion, and with an upcoming data-rich year and key clinical trials on the horizon, the outlook for Tyra Biosciences remains promising.
Bears say
Tyra Biosciences reported a net loss of $25.6 million, translating to a loss of $0.43 per share, which aligns closely with previous estimates. Concerns persist regarding the performance and safety profiles of competing pan-FGFR inhibitors, with significant toxicity issues noted, such as a high incidence of nail toxicity (40%) and diarrhea (62.2%) associated with these treatments. Additionally, potential clinical and regulatory setbacks for its lead candidate, TYRA-300, combined with pressure on revenue estimates amid a challenging healthcare environment, contribute to a negative outlook for the company's stock.
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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