At the time of writing, Terns Pharmaceuticals Inc [TERN] stock is trading at $2.92, down -4.26%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TERN shares have gain 21.67% over the last week, with a monthly amount drifted -5.81%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Oppenheimer started tracking the stock with Outperform rating on October 31, 2024, and set its price target to $82. On June 22, 2023, Mizuho initiated with a Buy rating and assigned a price target of $16 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $18 on June 07, 2023. ROTH MKM initiated its recommendation with a Buy and recommended $23 as its price target on May 31, 2023. BMO Capital Markets started tracking with a Outperform rating for this stock on May 08, 2023, and assigned it a price target of $18. In a note dated February 14, 2023, JMP Securities initiated an Mkt Outperform rating and provided a target price of $17 on this stock.
For the past year, the stock price of Terns Pharmaceuticals Inc fluctuated between $1.87 and $11.40. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. Terns Pharmaceuticals Inc [NASDAQ: TERN] shares were valued at $2.92 at the most recent close of the market. An investor can expect a potential return of 584.93% based on the average TERN price forecast.
Analyzing the TERN fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.24, Equity is -0.3 and Total Capital is -0.29. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.82 points at the first support level, and at 2.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.04, and for the 2nd resistance point, it is at 3.16.
Ratios To Look Out For
It is important to note that Terns Pharmaceuticals Inc [NASDAQ:TERN] has a current ratio of 23.14. In addition, the Quick Ratio stands at 23.14 and the Cash Ratio stands at 10.32.
Transactions by insiders
Recent insider trading involved Kuriakose Emil, Chief Medical Officer, that happened on Apr 01 ’25 when 952.0 shares were sold. Chief Business Officer, Jung Melita Sun completed a deal on Nov 30 ’24 to buy 2250.0 shares. Meanwhile, Chief Executive Officer Burroughs Amy L. bought 510.0 shares on Nov 30 ’24.