Third Harmonic Bio (THRD) Stock Forecast, Price Target & Predictions
THRD Stock Forecast
Third Harmonic Bio (THRD) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $16.15, with a high of $23.00 and a low of $3.60. This represents a 200.19% increase from the last price of $5.38.
THRD Stock Rating
Third Harmonic Bio stock's rating consensus is Hold, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 1 Buy (20.00%), 4 Hold (80.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Hold
THRD Price Target Upside V Benchmarks
| Type | Name | Upside |
|---|---|---|
| Stock | Third Harmonic Bio | 200.19% |
| Sector | Healthcare Stocks | 15.45% |
| Industry | Biotech Stocks | 41.48% |
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $5.38 | $5.38 | $5.38 |
| Upside/Downside | - | - | - |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Aug, 25 | - | - | 1 | - | - | 1 |
| Jul, 25 | - | - | 1 | - | - | 1 |
| Jun, 25 | - | 1 | 1 | - | - | 2 |
| May, 25 | - | 1 | 3 | - | - | 4 |
| Apr, 25 | - | 1 | 4 | - | - | 5 |
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 09, 2024 | Michael Ulz | Morgan Stanley | $20.00 | $10.86 | 84.16% | 271.75% |
| Jun 17, 2024 | Alex Thompson | Stifel Nicolaus | $23.00 | $12.95 | 77.61% | 327.51% |
| Jun 07, 2024 | Laura Prendergast | Raymond James | $18.00 | $14.49 | 24.22% | 234.57% |
| Dec 16, 2022 | Morgan Stanley | $5.00 | $4.27 | 17.10% | -7.06% | |
| Dec 16, 2022 | Jefferies | $3.60 | $4.30 | -16.28% | -33.09% |
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 08, 2024 | Morgan Stanley | Equal-Weight | Overweight | upgrade |
| Jun 06, 2024 | Raymond James | Outperform | initialise | |
| Dec 16, 2022 | Morgan Stanley | Equal-Weight | downgrade |
Financial Forecast
EPS Forecast
Annual
| Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
|---|---|---|---|---|---|---|
| Reported | $-0.78 | $1.09 | - | - | - | - |
| Avg Forecast | $-1.11 | $-1.15 | $-1.45 | $-1.88 | $-2.16 | $-2.40 |
| High Forecast | $-1.11 | $-1.00 | $-1.30 | $-1.57 | $-1.53 | $-2.40 |
| Low Forecast | $-1.11 | $-1.28 | $-1.61 | $-2.30 | $-2.98 | $-2.40 |
| Surprise % | -29.73% | -194.78% | - | - | - | - |
Revenue Forecast
Annual
| Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
|---|---|---|---|---|---|---|
| Reported | - | - | - | - | - | - |
| Avg Forecast | - | - | - | - | - | - |
| High Forecast | - | - | - | - | - | - |
| Low Forecast | - | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - |
Net Income Forecast
Annual
| Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
|---|---|---|---|---|---|---|
| Reported | $-30.82M | $45.47M | - | - | - | - |
| Avg Forecast | $-44.08M | $-45.13M | $-57.59M | $-76.60M | $-108.71M | $-94.95M |
| High Forecast | $-44.08M | $-39.57M | $-51.50M | $-62.05M | $-60.82M | $-94.95M |
| Low Forecast | $-44.08M | $-50.70M | $-63.68M | $-91.14M | $-118.01M | $-94.95M |
| Surprise % | -30.07% | -200.75% | - | - | - | - |