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NASDAQ:TERN

Terns Pharmaceuticals (TERN) Stock Price, News & Analysis

$9.01
+0.22 (+2.50%)
(As of 07/26/2024 ET)
Today's Range
$8.86
$9.22
50-Day Range
$5.86
$9.99
52-Week Range
$3.26
$10.03
Volume
572,361 shs
Average Volume
999,000 shs
Market Capitalization
$582.74 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.50

Terns Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
60.9% Upside
$14.50 Price Target
Short Interest
Healthy
4.62% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.95
Upright™ Environmental Score
News Sentiment
0.92mentions of Terns Pharmaceuticals in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$509,760 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.

4.57 out of 5 stars

Medical Sector

91st out of 936 stocks

Pharmaceutical Preparations Industry

32nd out of 436 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

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.
Terns Pharmaceuticals (NASDAQ:TERN) Shares Gap Down to $9.99
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.
See More Headlines
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Company Calendar

Last Earnings
5/13/2024
Today
7/26/2024
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
$14.50
High Stock Price Target
$23.00
Low Stock Price Target
$5.50
Potential Upside/Downside
+60.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

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

Debt

Sales & Book Value

Annual Sales
$1 million
Book Value
$4.13 per share

Miscellaneous

Free Float
54,911,000
Market Cap
$584.68 million
Optionable
Not Optionable
Beta
-0.37
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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

How have TERN shares performed this year?

Terns Pharmaceuticals' stock was trading at $6.49 at the beginning of the year. Since then, TERN shares have increased by 38.8% and is now trading at $9.01.
View the best growth stocks for 2024 here
.

How were Terns Pharmaceuticals' earnings last quarter?

Terns Pharmaceuticals, Inc. (NASDAQ:TERN) announced its earnings results on Monday, May, 13th. The company reported ($0.30) EPS for the quarter, topping the consensus estimate of ($0.36) by $0.06.

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 $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?

Top institutional shareholders of Terns Pharmaceuticals include Salem Investment Counselors Inc. (0.57%), Bank of New York Mellon Corp (0.27%) and Simplicity Wealth LLC (0.02%). Insiders that own company stock include Orbimed Advisors Llc, Hongbo Lu, Biosciences Fund V LP Lav 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 7/26/2024 by MarketBeat.com Staff

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