
Tyra Biosciences (TYRA) Stock Forecast & Price Target
Tyra Biosciences (TYRA) Analyst Ratings
Bulls say
Tyra Biosciences Inc is positioned positively due to its promising product pipeline, particularly with the drug candidate TYRA-300, which is anticipated to yield significant improvements in annual height velocity and other key clinical outcomes. The company's innovative precision medicine platform, SNAP, facilitates the efficient design and prediction of drug candidates, which enhances the likelihood of successful clinical results. Additionally, with multiple trials, including the SURF302 study set to commence in 2Q:25, the company is poised for a productive 2025, further solidifying its growth potential in the biotechnology sector.
Bears say
Tyra Biosciences Inc reported a net loss of $25.6 million, or $0.43 per share, aligning closely with previous estimates, indicating ongoing financial challenges. The company faces significant risks, particularly related to its lead drug candidate, TYRA-300, which could experience clinical or regulatory setbacks that may hinder future growth and revenue projections if approved. Additionally, concerns surrounding the adverse side effects and moderate efficacy of competing FGFR inhibitors, such as erdafinib and LOXO-435, may impact Tyra's competitive positioning within the biotechnology sector.
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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