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NASDAQ: THRD
Third Harmonic Bio Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for THRD

Based on 3 analysts offering 12 month price targets for Third Harmonic Bio Inc.
Min Forecast
$18.00+50%
Avg Forecast
$20.33+69.44%
Max Forecast
$23.00+91.67%

Should I buy or sell THRD stock?

Based on 3 analysts offering ratings for Third Harmonic Bio Inc.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
1 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their THRD stock forecasts and price targets.

THRD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-08-09Find Out Why
lockedlocked$00.00+00.00%2024-06-18
lockedlocked$00.00+00.00%2024-06-07

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Forecast return on equity

Is THRD forecast to generate an efficient return?
Company
-21.05%
Industry
-388.9%
Market
58.96%
THRD's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is THRD forecast to generate an efficient return on assets?
Company
-20.33%
Industry
27.36%
THRD is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

THRD earnings per share forecast

What is THRD's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
-$1.14
Avg 2 year Forecast
-$1.37
Avg 3 year Forecast
-$1.69

THRD revenue forecast

What is THRD's revenue in the next 1 years based on estimates from 2 analysts?
Avg 1 year Forecast
$17.2M

THRD vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
THRD$12.00$20.33+69.44%Strong Buy
ELYM$7.39N/AN/A
VALN$7.00$21.50+207.14%Strong Buy
ALLO$2.41$10.51+336.14%Strong Buy
ARCT$18.69$69.25+270.52%Strong Buy
View Top Biotech Stocks

Third Harmonic Bio Stock Forecast FAQ

Is Third Harmonic Bio Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: THRD) stock is to Strong Buy THRD stock.

Out of 3 analysts, 2 (66.67%) are recommending THRD as a Strong Buy, 1 (33.33%) are recommending THRD as a Buy, 0 (0%) are recommending THRD as a Hold, 0 (0%) are recommending THRD as a Sell, and 0 (0%) are recommending THRD as a Strong Sell.

If you're new to stock investing, here's how to buy Third Harmonic Bio stock.

What is THRD's earnings growth forecast for 2024-2026?

(NASDAQ: THRD) Third Harmonic Bio's forecast annual earnings growth rate of N/A is not forecast to beat the US Biotechnology industry's average forecast earnings growth rate of 15.32%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.02%.

Third Harmonic Bio's earnings in 2024 is -$32,742,000.On average, 4 Wall Street analysts forecast THRD's earnings for 2024 to be -$46,645,676, with the lowest THRD earnings forecast at -$57,125,542, and the highest THRD earnings forecast at -$42,330,437. On average, 4 Wall Street analysts forecast THRD's earnings for 2025 to be -$56,098,104, with the lowest THRD earnings forecast at -$62,879,193, and the highest THRD earnings forecast at -$49,317,014.

In 2026, THRD is forecast to generate -$69,454,795 in earnings, with the lowest earnings forecast at -$85,893,800 and the highest earnings forecast at -$60,413,343.

What is THRD's revenue growth forecast for 2030-2030?

(NASDAQ: THRD) Third Harmonic Bio's forecast annual revenue growth rate of N/A is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 34.96%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.31%.

Third Harmonic Bio's revenue in 2024 is $0.

In 2030, THRD is forecast to generate $707,904,644 in revenue, with the lowest revenue forecast at $552,761,536 and the highest revenue forecast at $863,047,752.

What is THRD's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: THRD) forecast ROA is -20.33%, which is lower than the forecast US Biotechnology industry average of 27.36%.

What is THRD's Price Target?

According to 3 Wall Street analysts that have issued a 1 year THRD price target, the average THRD price target is $20.33, with the highest THRD stock price forecast at $23.00 and the lowest THRD stock price forecast at $18.00.

On average, Wall Street analysts predict that Third Harmonic Bio's share price could reach $20.33 by Aug 9, 2025. The average Third Harmonic Bio stock price prediction forecasts a potential upside of 69.44% from the current THRD share price of $12.00.

What is THRD's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: THRD) Third Harmonic Bio's current Earnings Per Share (EPS) is -$0.82. On average, analysts forecast that THRD's EPS will be -$1.14 for 2024, with the lowest EPS forecast at -$1.39, and the highest EPS forecast at -$1.03. On average, analysts forecast that THRD's EPS will be -$1.37 for 2025, with the lowest EPS forecast at -$1.53, and the highest EPS forecast at -$1.20. In 2026, THRD's EPS is forecast to hit -$1.69 (min: -$2.09, max: -$1.47).

What is THRD's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: THRD) forecast ROE is -21.05%, which is considered weak.
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