
Tyra Biosciences (TYRA) Stock Forecast & Price Target
Tyra Biosciences (TYRA) Analyst Ratings
Bulls say
Tyra Biosciences Inc. is positioned favorably with its innovative precision medicine platform, SNAP, which facilitates rapid and accurate drug design, potentially enhancing the efficacy of its drug candidates. The clinical-stage pipeline, particularly with the promising advancements of TYRA-300 for significant improvements in annual height velocity and other clinical outcomes, indicates strong potential for therapeutic success. Furthermore, the anticipated busy development schedule in 2025, along with the initiation of trials for additional indications, highlights a focused growth trajectory for the company, signaling positive momentum in its operational and financial outlook.
Bears say
Tyra Biosciences Inc reported a significant net loss of $25.6 million, equivalent to a loss of $0.43 per share, which closely aligns with existing estimates but underscores ongoing financial challenges. The company faces substantial risks related to the clinical and regulatory progression of its lead product candidate, TYRA-300, which may not meet anticipated revenue projections upon potential approval. Additionally, the high toxicity rates associated with competing FGFR inhibitors in the market raise concerns about the competitive viability of Tyra's product pipeline, further contributing to a negative financial outlook.
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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