Third Harmonic Bio (THRD) Stock Forecast, Price Target & Predictions


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THRD Stock Forecast


Third Harmonic Bio stock forecast is as follows: an average price target of $16.15 (represents a 33.36% upside from THRD’s last price of $12.11) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

THRD Price Target


The average price target for Third Harmonic Bio (THRD) is $16.15 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $23.00 to $3.60. This represents a potential 33.36% upside from THRD's last price of $12.11.

THRD Analyst Ratings


Buy

According to 2 Wall Street analysts, Third Harmonic Bio's rating consensus is 'Buy'. The analyst rating breakdown for THRD stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Third Harmonic Bio Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 09, 2024Michael UlzMorgan Stanley$20.00$10.8684.16%65.15%
Jun 17, 2024Alex ThompsonStifel Nicolaus$23.00$12.9577.61%89.93%
Jun 07, 2024Laura PrendergastRaymond James$18.00$14.4924.22%48.64%
Dec 16, 2022-Morgan Stanley$5.00$4.2717.10%-58.71%
Dec 16, 2022-Jefferies$3.60$4.30-16.28%-70.27%
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The latest Third Harmonic Bio stock forecast, released on Aug 09, 2024 by Michael Ulz from Morgan Stanley, set a price target of $20.00, which represents a 84.16% increase from the stock price at the time of the forecast ($10.86), and a 65.15% increase from THRD last price ($12.11).

Third Harmonic Bio Price Target by Period


1M3M12M
# Anlaysts-13
Avg Price Target-$20.00$20.33
Last Closing Price$12.11$12.11$12.11
Upside/Downside-100.00%65.15%67.88%

In the current month, the average price target of Third Harmonic Bio stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Third Harmonic Bio's last price of $12.11. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 08, 2024Morgan StanleyEqual-WeightOverweightUpgrade
Jun 06, 2024Raymond James-OutperformInitialise
Dec 16, 2022Morgan Stanley-Equal-WeightDowngrade
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Third Harmonic Bio's last stock rating was published by Morgan Stanley on Aug 08, 2024. The company Upgrade its THRD rating from "Equal-Weight" to "Overweight".

Third Harmonic Bio Financial Forecast


Third Harmonic Bio Revenue Forecast

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Third Harmonic Bio's average Quarter revenue forecast for undefined based on undefined analysts is $NaN, with a low forecast of $NaN, and a high forecast of $NaN. THRD's average Quarter revenue forecast represents a NaN% decrease compared to the company's last Quarter revenue of $NaN (undefined).

Third Harmonic Bio EBITDA Forecast

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undefined analysts predict THRD's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Third Harmonic Bio's previous annual EBITDA (undefined) of $NaN.

Third Harmonic Bio Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24
# Analysts-------
Net Income-------
Avg Forecast$-12.98M$-10.95M$-11.36M$-14.19M$-13.05M$-12.13M$-11.64M
High Forecast$-12.98M$-10.95M$-11.36M$-14.19M$-13.05M$-10.56M$-11.64M
Low Forecast$-12.98M$-10.95M$-11.36M$-14.19M$-13.05M$-14.09M$-11.64M
Surprise %-------

Third Harmonic Bio's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. THRD's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Third Harmonic Bio SG&A Forecast

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Third Harmonic Bio's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to THRD last annual SG&A of $NaN (undefined).

Third Harmonic Bio EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24
# Analysts-------
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Avg Forecast$-0.32$-0.27$-0.28$-0.35$-0.32$-0.30$-0.29
High Forecast$-0.32$-0.27$-0.28$-0.35$-0.32$-0.26$-0.29
Low Forecast$-0.32$-0.27$-0.28$-0.35$-0.32$-0.35$-0.29
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According to undefined Wall Street analysts, Third Harmonic Bio's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to THRD previous annual EPS of $NaN (undefined).

Third Harmonic Bio Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PMVPPMV Pharmaceuticals$1.64$24.751409.15%Buy
SNSESensei Biotherapeutics$0.52$5.50957.69%Buy
PASGPassage Bio$0.60$6.00900.00%Buy
HOWLWerewolf Therapeutics$2.26$12.00430.97%Buy
NUVBNuvation Bio$2.29$6.75194.76%Buy
ACRVAcrivon Therapeutics$7.85$22.00180.25%Buy
ELYMEliem Therapeutics$5.11$13.00154.40%Buy
NXTCNextCure$1.31$3.00129.01%Buy
CGEMCullinan Oncology$15.92$31.5097.86%Buy
THRDThird Harmonic Bio$12.11$16.1533.36%Buy
EWTXEdgewise Therapeutics$34.48$45.0030.51%Buy
GRPHLENZ Therapeutics$3.18$4.0025.79%Hold
RVMDRevolution Medicines, Inc. Warrant$55.87$58.574.83%Buy

THRD Forecast FAQ


Yes, according to 2 Wall Street analysts, Third Harmonic Bio (THRD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of THRD's total ratings.

Third Harmonic Bio (THRD) average price target is $16.15 with a range of $3.6 to $23, implying a 33.36% from its last price of $12.11. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for THRD stock, the company can go up by 33.36% (from the last price of $12.11 to the average price target of $16.15), up by 89.93% based on the highest stock price target, and down by -70.27% based on the lowest stock price target.

THRD's highest twelve months analyst stock price target of $23 supports the claim that Third Harmonic Bio can reach $20 in the near future.

Third Harmonic Bio's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $0 (high $0, low $0), average EBITDA is $0 (high $0, low $0), average net income is $-36.814M (high $-35.249M, low $-38.771M), average SG&A $0 (high $0, low $0), and average EPS is $-0.908 (high $-0.869, low $-0.956). THRD's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $0 (high $0, low $0), average EBITDA is $0 (high $0, low $0), average net income is $-49.478M (high $-49.478M, low $-49.478M), average SG&A $0 (high $0, low $0), and average EPS is $-1.22 (high $-1.22, low $-1.22).