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NASDAQ:LYRA

Lyra Therapeutics (LYRA) Stock Price, News & Analysis

$0.31
0.00 (0.00%)
(As of 07/26/2024 ET)
Today's Range
$0.30
$0.31
50-Day Range
$0.26
$0.37
52-Week Range
$0.25
$6.79
Volume
616,357 shs
Average Volume
1.92 million shs
Market Capitalization
$18.75 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.13

Lyra Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
2,216.3% Upside
$7.13 Price Target
Short Interest
Bearish
6.10% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.22mentions of Lyra Therapeutics in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.18) to ($0.81) 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.

3.06 out of 5 stars

Medical Sector

396th out of 936 stocks

Surgical & Medical Instruments Industry

48th out of 101 stocks

LYRA stock logo

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.

LYRA Stock Price History

LYRA Stock News Headlines

Analysts Set Lyra Therapeutics, Inc. (NASDAQ:LYRA) PT at $7.13
Breaking News: Elon Musk Invents New Type of A.I. (Shocking)
Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… This mind-blowing new technology could be bigger than the iPhone.
Breaking News: Elon Musk Invents New Type of A.I. (Shocking)
Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… This mind-blowing new technology could be bigger than the iPhone.
Where Lyra Therapeutics Stands With Analysts
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Today
7/26/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:LYRA
Fax
N/A
Employees
88
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.13
High Stock Price Target
$15.00
Low Stock Price Target
$0.50
Potential Upside/Downside
+2,268.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$-62,680,000.00
Net Margins
-4,099.82%
Pretax Margin
-4,096.31%

Debt

Sales & Book Value

Annual Sales
$1.56 million
Book Value
$1.56 per share

Miscellaneous

Free Float
50,345,000
Market Cap
$18.34 million
Optionable
Optionable
Beta
-0.01
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Key Executives

  • Dr. Harlan W. Waksal M.D. (Age 71)
    Executive Chairman
    Comp: $210.06k
  • Dr. Maria Palasis Ph.D. (Age 59)
    CEO, President & Director
    Comp: $942.7k
  • Dr. John E. Bishop Ph.D. (Age 62)
    Chief Technology Officer
    Comp: $662.9k
  • Dr. Carmichael S. Roberts Jr. (Age 55)
    Ph.D., Co-Founder
  • Mr. Jason Cavalier (Age 51)
    CFO, Treasurer & Secretary
    Comp: $464.11k
  • Mr. Ray Knox
    Vice President of Operations
  • Ms. Ellen Cavaleri
    Senior Vice President of Investor Relations & Communications
  • Mr. 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: $426.73k
  • Ms. Vineeta Belanger Ph.D.
    Senior Vice President of Clinical Affairs

LYRA Stock Analysis - Frequently Asked Questions

How have LYRA shares performed this year?

Lyra Therapeutics' stock was trading at $5.24 at the beginning of 2024. Since then, LYRA stock has decreased by 94.1% and is now trading at $0.3076.
View the best growth stocks for 2024 here
.

How were Lyra Therapeutics' earnings last quarter?

Lyra Therapeutics, Inc. (NASDAQ:LYRA) posted its earnings results on Tuesday, April, 30th. The company reported ($0.35) EPS for the quarter, missing the consensus estimate of ($0.26) by $0.09. The firm earned $0.53 million during the quarter, compared to analysts' expectations of $0.40 million. Lyra Therapeutics had a negative net margin of 4,099.82% and a negative trailing twelve-month return on equity of 77.34%.

When did Lyra Therapeutics IPO?

Lyra Therapeutics (LYRA) raised $52 million in an initial public offering on Friday, May 1st 2020. The company issued 3,500,000 shares at $14.00-$16.00 per share. BofA Securities, Jefferies and William Blair acted as the underwriters for the IPO and BTIG was co-manager.

Who are Lyra Therapeutics' major shareholders?

Lyra Therapeutics' top institutional investors include Rosalind Advisors Inc. (1.70%). Insiders that own company stock include Perceptive Advisors Llc, Nbvm Gp, Llc, Harlan Waksal, Edward T Anderson and C Ann Merrifield.
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.

What other stocks do shareholders of Lyra Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lyra Therapeutics investors own include Pfizer (PFE), DocuSign (DOCU), Intel (INTC), OPKO Health (OPK), Valero Energy (VLO), Advanced Micro Devices (AMD) and CrowdStrike (CRWD).

This page (NASDAQ:LYRA) was last updated on 7/26/2024 by MarketBeat.com Staff

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