Free Trial
NASDAQ:TERN

Terns Pharmaceuticals (TERN) Stock Price, News & Analysis

$7.81
+0.35 (+4.69%)
(As of 09/6/2024 ET)
Today's Range
$7.03
$7.99
50-Day Range
$6.49
$9.99
52-Week Range
$3.26
$10.03
Volume
1.35 million shs
Average Volume
896,614 shs
Market Capitalization
$505.15 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.50

Terns Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
72.9% Upside
$13.50 Price Target
Short Interest
Healthy
3.75% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.95
Upright™ Environmental Score
News Sentiment
0.76mentions of Terns Pharmaceuticals in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$556,938 Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($1.31) to ($1.36) 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.

4.52 out of 5 stars

Medical Sector

86th out of 910 stocks

Pharmaceutical Preparations Industry

33rd out of 426 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

Micron, Oracle are new Top Picks at Mizuho
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Terns Pharmaceuticals Inc. (US8808811074.SG)
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
See More Headlines
Receive TERN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Terns Pharmaceuticals and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
8/05/2024
Today
9/07/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:TERN
Fax
N/A
Employees
40
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.50
High Stock Price Target
$19.00
Low Stock Price Target
$5.50
Potential Upside/Downside
+72.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

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

Debt

Sales & Book Value

Annual Sales
$1 million
Book Value
$3.38 per share

Miscellaneous

Free Float
54,911,000
Market Cap
$505.15 million
Optionable
Not Optionable
Beta
-0.37
10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

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 start of the year. Since then, TERN stock has increased by 20.3% and is now trading at $7.81.
View the best growth stocks for 2024 here
.

How were Terns Pharmaceuticals' earnings last quarter?

Terns Pharmaceuticals, Inc. (NASDAQ:TERN) posted its quarterly earnings results on Monday, August, 5th. The company reported ($0.31) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.35) by $0.04.

When did Terns Pharmaceuticals IPO?

Terns Pharmaceuticals (TERN) raised $101 million in an 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 served as the underwriters for the IPO.

Who are Terns Pharmaceuticals' major shareholders?

Top institutional shareholders of Terns Pharmaceuticals include Point72 Asset Management L.P. (4.16%), Great Point Partners LLC (1.78%), Dimensional Fund Advisors LP (0.57%) and Salem Investment Counselors Inc. (0.57%). Insiders that own company stock include Orbimed Advisors Llc, Hongbo Lu, Biosciences Fund V LP Lav, Vivo Opportunity, Llc and Jill M Quigley.
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 9/7/2024 by MarketBeat.com Staff

From Our Partners