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NASDAQ:TERN

Terns Pharmaceuticals (TERN) Stock Price, News & Analysis

$6.01
-1.01 (-14.39%)
(As of 05/31/2024 ET)
Today's Range
$5.72
$7.10
50-Day Range
$4.54
$7.10
52-Week Range
$3.26
$13.03
Volume
2.10 million shs
Average Volume
730,722 shs
Market Capitalization
$388.73 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.94

Terns Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
148.5% Upside
$14.94 Price Target
Short Interest
Healthy
5.19% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.95
Upright™ Environmental Score
News Sentiment
1.35mentions of Terns Pharmaceuticals in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$2.12 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($1.41) to ($1.47) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.39 out of 5 stars

Medical Sector

122nd out of 928 stocks

Pharmaceutical Preparations Industry

45th out of 437 stocks

TERN stock logo

About Terns Pharmaceuticals Stock (NASDAQ:TERN)

Terns Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops small-molecule product candidates for the treatment of oncology, metabolic dysfunction-associated steatohepatitis (MASH), and obesity. The company develops TERN-701, an allosteric BCR-ABL tyrosine kinase inhibitor (TKI) that is in phase 1 clinical trial for chronic myeloid leukemia (CML), a form of cancer that starts in bone marrow. It also develops TERN-501, a thyroid hormone receptor beta agonist with enhanced liver distribution and metabolic stability that is in Phase IIa clinical trial for the treatment of MASH; and TERN-601, a small-molecule Glucagon-Like Peptide-1 receptor agonist program that is intended to orally be administered for obesity. The company was incorporated in 2016 and is headquartered in Foster City, California.

TERN Stock Price History

TERN Stock News Headlines

Terns Pharmaceuticals Inc Ordinary Shares
TERN Apr 2024 15.000 call
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Company Calendar

Last Earnings
3/14/2024
Today
6/01/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:TERN
Fax
N/A
Employees
66
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.94
High Stock Price Target
$23.00
Low Stock Price Target
$5.50
Potential Upside/Downside
+148.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$-90,210,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$1 million
Book Value
$3.66 per share

Miscellaneous

Free Float
54,911,000
Market Cap
$388.73 million
Optionable
Not Optionable
Beta
-0.49
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Key Executives

  • Dr. Erin Quirk M.D. (Age 53)
    President & Head of Research & Development
    Comp: $1.06M
  • Dr. Mark Joseph Vignola Ph.D. (Age 46)
    CFO & Treasurer
    Comp: $974.16k
  • Mr. Seokho Yoon Esq. (Age 46)
    COO, General Counsel & Secretary
    Comp: $921.05k
  • Ms. Amy L. Burroughs M.B.A. (Age 53)
    CEO & Director
  • Dr. Jeffrey R. Jasper Ph.D.
    Senior VP & Head of Research
  • Dr. Emil T. Kuriakose M.D. (Age 44)
    Chief Medical Officer
  • Ms. Melita Sun Jung (Age 47)
    Chief Business Officer

TERN Stock Analysis - Frequently Asked Questions

Should I buy or sell Terns Pharmaceuticals stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Terns Pharmaceuticals in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TERN shares.
View TERN analyst ratings
or view top-rated stocks.

What is Terns Pharmaceuticals' stock price target for 2024?

8 Wall Street analysts have issued twelve-month price objectives for Terns Pharmaceuticals' stock. Their TERN share price targets range from $5.50 to $23.00. On average, they expect the company's share price to reach $14.94 in the next twelve months. This suggests a possible upside of 148.5% from the stock's current price.
View analysts price targets for TERN
or view top-rated stocks among Wall Street analysts.

How have TERN shares performed in 2024?

Terns Pharmaceuticals' stock was trading at $6.49 on January 1st, 2024. Since then, TERN shares have decreased by 7.4% and is now trading at $6.01.
View the best growth stocks for 2024 here
.

Are investors shorting Terns Pharmaceuticals?

Terns Pharmaceuticals saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 2,230,000 shares, a decrease of 50.3% from the April 30th total of 4,490,000 shares. Based on an average daily trading volume, of 933,600 shares, the days-to-cover ratio is presently 2.4 days. Currently, 5.2% of the shares of the stock are sold short.
View Terns Pharmaceuticals' Short Interest
.

When is Terns Pharmaceuticals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our TERN earnings forecast
.

How were Terns Pharmaceuticals' earnings last quarter?

Terns Pharmaceuticals, Inc. (NASDAQ:TERN) released its quarterly earnings results on Thursday, March, 14th. The company reported ($0.29) EPS for the quarter, hitting the consensus estimate of ($0.29).

When did Terns Pharmaceuticals IPO?

Terns Pharmaceuticals (TERN) raised $101 million in an initial public offering (IPO) on Friday, February 5th 2021. The company issued 6,300,000 shares at a price of $15.00-$17.00 per share. J.P. Morgan, Goldman Sachs and Cowen acted as the underwriters for the IPO.

Who are Terns Pharmaceuticals' major shareholders?

Terns Pharmaceuticals' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.40%), Janus Henderson Group PLC (3.10%), Russell Investments Group Ltd. (0.98%), Affinity Asset Advisors LLC (0.70%), Ikarian Capital LLC (0.14%) and Swiss National Bank (0.09%). Insiders that own company stock include Biosciences Fund V LP Lav, Hongbo Lu, Orbimed Advisors Llc and Vivo Opportunity, Llc.
View institutional ownership trends
.

How do I buy shares of Terns Pharmaceuticals?

Shares of TERN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TERN) was last updated on 6/2/2024 by MarketBeat.com Staff

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