NASDAQ:LYRA Lyra Therapeutics (LYRA) Stock Price, News & Analysis → Elon’s New Device is About to Shock the World (From InvestorPlace) (Ad) Free lyra Stock Alerts $4.63 -0.62 (-11.81%) (As of 05/2/2024 ET) Add Compare Share Share Today's Range$4.58▼$5.2650-Day Range$4.72▼$6.5352-Week Range$2.36▼$6.79Volume576,304 shsAverage Volume315,098 shsMarket Capitalization$282.29 millionP/E RatioN/ADividend YieldN/APrice Target$12.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Lyra Therapeutics alerts: Email Address Lyra Therapeutics MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside173.6% Upside$12.67 Price TargetShort InterestHealthy0.55% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.18Based on 11 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($1.04) to ($1.17) Per ShareSee Full Details Hide Full Details 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.1.70 out of 5 starsMedical Sector642nd out of 908 stocksSurgical & Medical Instruments Industry72nd out of 96 stocks 3.5 Analyst's Opinion Consensus RatingLyra Therapeutics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageLyra Therapeutics has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.55% of the outstanding shares of Lyra Therapeutics have been sold short.Short Interest Ratio / Days to CoverLyra Therapeutics has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Lyra Therapeutics has recently increased by 49.60%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldLyra Therapeutics does not currently pay a dividend.Dividend GrowthLyra Therapeutics does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LYRA. Previous Next 1.0 News and Social Media Coverage News SentimentLyra Therapeutics has a news sentiment score of -0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.33 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Lyra Therapeutics this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for LYRA on MarketBeat in the last 30 days. This is a decrease of -92% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Lyra Therapeutics to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lyra Therapeutics insiders have not sold or bought any company stock.Percentage Held by Insiders17.42% of the stock of Lyra Therapeutics is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions95.62% of the stock of Lyra Therapeutics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Lyra Therapeutics are expected to decrease in the coming year, from ($1.04) to ($1.17) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lyra Therapeutics is -3.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Lyra Therapeutics is -3.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioLyra Therapeutics has a P/B Ratio of 2.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchGold ManiaFormer Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).See his free reveal right here. About Lyra Therapeutics Stock (NASDAQ:LYRA)Lyra Therapeutics, Inc., a clinical-stage biotechnology company, focuses on the development and commercialization of novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose, and throat diseases. It's XTreo technology platform is designed to deliver medicines directly to the affected tissue for sustained periods with a single administration. The company's product candidates include LYR-210, an anti-inflammatory implantable drug matrix for the treatment of chronic rhinosinusitis (CRS), which is in Phase III clinical trial; and LYR-220 for CRS patients with and without nasal polyps. It has a collaboration agreement with LianBio Inflammatory Limited to develop and commercialize LYR-210 in mainland China, Hong Kong, Taiwan, Macau, South Korea, Singapore, and Thailand. The company was formerly known as 480 Biomedical, Inc. and changed its name to Lyra Therapeutics, Inc. in July 2018. Lyra Therapeutics, Inc. was incorporated in 2005 and is headquartered in Watertown, Massachusetts.Read More LYRA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LYRA Stock News HeadlinesMay 2, 2024 | markets.businessinsider.comBuy Rating Affirmed for Lyra Therapeutics Amid Strong Phase 3 Prospects for LYR-210May 2, 2024 | finance.yahoo.comLyra Therapeutics First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 2, 2024 | Stansberry Research (Ad)The Long-Awaited End of America UpdateA 995% Gain Last Time We Shared this "Election Secret" It's a straightforward way to come out on top no matter who wins this November… It's not cryptos, or options, and anyone can do it.May 1, 2024 | markets.businessinsider.comBuy Rating Affirmed for Lyra Therapeutics Amid Favorable LYR-210 Trial Outcomes and Strategic CRS Market PositioningMay 1, 2024 | markets.businessinsider.comBuy Rating for Lyra Therapeutics Backed by Upcoming Catalysts and Market PotentialApril 30, 2024 | globenewswire.comLyra Therapeutics Reports First Quarter 2024 Financial Results and Provides Corporate UpdateApril 30, 2024 | americanbankingnews.comLyra Therapeutics (NASDAQ:LYRA) Stock Price Up 0.2%April 26, 2024 | globenewswire.comLyra Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)May 2, 2024 | Stansberry Research (Ad)The Long-Awaited End of America UpdateA 995% Gain Last Time We Shared this "Election Secret" It's a straightforward way to come out on top no matter who wins this November… It's not cryptos, or options, and anyone can do it.April 26, 2024 | newsweek.comWorld's Best Digital Health Companies 2024 - TreatmentMarch 26, 2024 | finance.yahoo.comPrivate equity firms who hold 39% of Lyra Therapeutics, Inc. (NASDAQ:LYRA) gained 6.8%, institutions profited as wellMarch 23, 2024 | finance.yahoo.comLyra Therapeutics Inc (LYRA) Posts Year-End Financial Results, Aligns with EPS ProjectionsMarch 22, 2024 | markets.businessinsider.comOptimistic Buy Rating for Lyra Therapeutics’ LYR-210 Amidst Phase 3 Trial and Market OpportunityMarch 22, 2024 | msn.comLyra Therapeutics files for $300M mixed shelfMarch 21, 2024 | globenewswire.comLyra Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Corporate UpdateMarch 15, 2024 | finance.yahoo.comLYRA Jul 2024 2.500 callMarch 15, 2024 | finance.yahoo.comLYRA Jul 2024 7.500 callMarch 15, 2024 | finance.yahoo.comLYRA Apr 2024 7.500 putMarch 15, 2024 | finance.yahoo.comLYRA May 2024 7.500 callMarch 1, 2024 | globenewswire.comLyra Therapeutics Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)February 21, 2024 | finance.yahoo.comHere's What Could Help Lyra Therapeutics, Inc. (LYRA) Maintain Its Recent Price StrengthFebruary 12, 2024 | bizjournals.comLyra Therapeutics invests in Mass. manufacturing with new HQJanuary 29, 2024 | businessinsider.comThese are the 7 healthcare startups primed to IPO when the market reopensJanuary 28, 2024 | msn.com15 Unhappiest States in the USJanuary 17, 2024 | finance.yahoo.comWhat Makes Lyra Therapeutics, Inc. (LYRA) a Good Fit for 'Trend Investing'December 27, 2023 | benzinga.comLyra Therapeutics Stock (NASDAQ:LYRA) Dividends: History, Yield and DatesNovember 15, 2023 | finance.yahoo.comExecutive Chairman of Lyra Therapeutics Harlan Waksal Buys 11% More SharesSee More Headlines Receive LYRA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Lyra Therapeutics and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/21/2024Today5/02/2024Next Earnings (Estimated)8/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Surgical & medical instruments Sub-IndustryN/A Current SymbolNASDAQ:LYRA CUSIPN/A CIK1327273 Webwww.lyratherapeutics.com Phone617-393-4600FaxN/AEmployees88Year FoundedN/APrice Target and Rating Average Stock Price Target$12.67 High Stock Price Target$15.00 Low Stock Price Target$11.00 Potential Upside/Downside+159.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($1.20) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-62,680,000.00 Net Margins-4,099.82% Pretax Margin-4,019.32% Return on Equity-74.52% Return on Assets-52.17% Debt Debt-to-Equity RatioN/A Current Ratio5.35 Quick Ratio5.35 Sales & Book Value Annual Sales$1.56 million Price / Sales190.73 Cash FlowN/A Price / Cash FlowN/A Book Value$1.56 per share Price / Book3.13Miscellaneous Outstanding Shares60,970,000Free Float49,336,000Market Cap$297.53 million OptionableOptionable Beta0.31 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesDr. Harlan W. Waksal M.D. (Age 71)Executive Chairman Comp: $210.06kDr. Maria Palasis Ph.D. (Age 59)CEO, President & Director Comp: $942.7kDr. John E. Bishop Ph.D. (Age 62)Chief Technology Officer Comp: $662.9kDr. Carmichael S. Roberts Jr. (Age 55)Ph.D., Co-Founder Mr. Jason Cavalier (Age 51)CFO, Treasurer & Secretary Comp: $464.11kMr. Ray KnoxVice President of OperationsMs. Ellen CavaleriSenior Vice President of Investor Relations & CommunicationsMr. Ronan P. O'Brien J.D. (Age 51)Chief Legal Officer Ms. Corinne Noyes (Age 56)Senior Vice President of Commercial Strategy & Market Development Comp: $426.73kMs. Vineeta Belanger Ph.D.Senior Vice President of Clinical AffairsMore ExecutivesKey CompetitorsBioventusNYSE:BVSCerusNASDAQ:CERSPulmonxNASDAQ:LUNGFractyl HealthNASDAQ:GUTSTactile Systems TechnologyNASDAQ:TCMDView All CompetitorsInsiders & InstitutionsRosalind Advisors Inc.Sold 744,196 shares on 4/25/2024Ownership: 1.916%Parkman Healthcare Partners LLCBought 129,829 shares on 2/15/2024Ownership: 1.436%Vestal Point Capital LPBought 3,000,000 shares on 2/14/2024Ownership: 5.708%Armistice Capital LLCSold 462,000 shares on 2/13/2024Ownership: 2.070%Jump Financial LLCBought 16,737 shares on 2/7/2024Ownership: 0.032%View All Insider TransactionsView All Institutional Transactions LYRA Stock Analysis - Frequently Asked Questions Should I buy or sell Lyra Therapeutics stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lyra Therapeutics in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LYRA shares. View LYRA analyst ratings or view top-rated stocks. What is Lyra Therapeutics' stock price target for 2024? 4 Wall Street research analysts have issued 1-year price targets for Lyra Therapeutics' shares. Their LYRA share price targets range from $11.00 to $15.00. On average, they anticipate the company's stock price to reach $12.67 in the next year. This suggests a possible upside of 173.6% from the stock's current price. View analysts price targets for LYRA or view top-rated stocks among Wall Street analysts. How have LYRA shares performed in 2024? Lyra Therapeutics' stock was trading at $5.24 at the beginning of 2024. Since then, LYRA stock has decreased by 11.6% and is now trading at $4.63. View the best growth stocks for 2024 here. Are investors shorting Lyra Therapeutics? Lyra Therapeutics saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 333,600 shares, an increase of 49.6% from the March 31st total of 223,000 shares. Based on an average daily trading volume, of 336,700 shares, the days-to-cover ratio is currently 1.0 days. View Lyra Therapeutics' Short Interest. When is Lyra Therapeutics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our LYRA earnings forecast. How were Lyra Therapeutics' earnings last quarter? Lyra Therapeutics, Inc. (NASDAQ:LYRA) released its quarterly earnings results on Thursday, March, 21st. The company reported ($0.22) EPS for the quarter, beating the consensus estimate of ($0.33) by $0.11. The firm earned $0.15 million during the quarter, compared to analyst estimates of $0.52 million. Lyra Therapeutics had a negative trailing twelve-month return on equity of 74.52% and a negative net margin of 4,099.82%. What other stocks do shareholders of Lyra Therapeutics own? Based on aggregate information from My MarketBeat watchlists, some companies that other Lyra Therapeutics investors own include Pfizer (PFE), DocuSign (DOCU), Intel (INTC), OPKO Health (OPK), Valero Energy (VLO), Advanced Micro Devices (AMD), CrowdStrike (CRWD), Gilead Sciences (GILD), Micron Technology (MU) and ONEOK (OKE). When did Lyra Therapeutics IPO? Lyra Therapeutics (LYRA) raised $52 million in an initial public offering (IPO) on Friday, May 1st 2020. The company issued 3,500,000 shares at a price of $14.00-$16.00 per share. BofA Securities, Jefferies and William Blair served as the underwriters for the IPO and BTIG was co-manager. Who are Lyra Therapeutics' major shareholders? Lyra Therapeutics' stock is owned by many different institutional and retail investors. Top institutional investors include Rosalind Advisors Inc. (1.92%). Insiders that own company stock include C Ann Merrifield, Edward T Anderson, Harlan Waksal, Mukesh Mehta, Nbvm Gp, Llc and Perceptive Advisors Llc. View institutional ownership trends. How do I buy shares of Lyra Therapeutics? Shares of LYRA 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. 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