Analyst Price Target is $15.90
▲ +93.90% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Terns Pharmaceuticals in the last 3 months. The average price target is $15.90, with a high forecast of $26.00 and a low forecast of $5.50. The average price target represents a 93.90% upside from the last price of $8.20.
Current Consensus is
Moderate Buy
The current consensus among 5 contributing investment analysts is to moderate buy stock in Terns Pharmaceuticals. This rating has held steady since January 2023, when it changed from a Hold consensus rating.
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.
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