
TScan Therapeutics (TCRX) Stock Forecast & Price Target
TScan Therapeutics (TCRX) Analyst Ratings
Bulls say
TScan Therapeutics Inc. demonstrated substantial growth in its quarterly revenues, which reached $2.2 million, a significant increase from $0.6 million in the prior year, driven by research activities under its collaboration with Amgen. The company is building momentum in hematologic malignancies with promising safety and early efficacy signals from its liquid tumor TCR-T therapy candidates, TSC-100 and TSC-101. Additionally, TScan is diversifying its portfolio with the development of multiplexed TCR-T therapy candidates aimed at treating various solid tumors, contributing to a positive outlook for the company's long-term growth potential.
Bears say
TScan Therapeutics's stock has a negative outlook due to a significant reduction in its price target, lowered from $15 to $10, which indicates a cautious sentiment among analysts. The new price target reflects a composite valuation that includes a 15x multiple on projected GAAP EPS for FY34 and a net present value calculation, both of which suggest limited growth potential. Additionally, the company is facing sustained multiple compression within the small to mid-cap biotechnology sector, indicating a shift towards a more risk-averse market environment that may further pressure its valuation.
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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