image
Healthcare - Biotechnology - NASDAQ - US
$ 4.43
-1.56 %
$ 376 M
Market Cap
-3.75
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one TERN stock under the worst case scenario is HIDDEN Compared to the current market price of 4.43 USD, Terns Pharmaceuticals, Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one TERN stock under the base case scenario is HIDDEN Compared to the current market price of 4.43 USD, Terns Pharmaceuticals, Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one TERN stock under the best case scenario is HIDDEN Compared to the current market price of 4.43 USD, Terns Pharmaceuticals, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
0 REVENUE
0.00%
-103 M OPERATING INCOME
-65.34%
-90.2 M NET INCOME
-49.49%
-67.4 M OPERATING CASH FLOW
-37.23%
-38 M INVESTING CASH FLOW
-70.56%
42 M FINANCING CASH FLOW
-74.95%
0 REVENUE
0.00%
-24.9 M OPERATING INCOME
2.34%
-21.9 M NET INCOME
3.48%
-16.5 M OPERATING CASH FLOW
-1.71%
31.8 M INVESTING CASH FLOW
-24.75%
163 M FINANCING CASH FLOW
40825.31%
Balance Sheet Terns Pharmaceuticals, Inc.
image
Current Assets 267 M
Cash & Short-Term Investments 263 M
Receivables 0
Other Current Assets 3.99 M
Non-Current Assets 1.08 M
Long-Term Investments 0
PP&E 1.03 M
Other Non-Current Assets 56 K
Current Liabilities 11.9 M
Accounts Payable 2.52 M
Short-Term Debt 603 K
Other Current Liabilities 8.83 M
Non-Current Liabilities 1.21 M
Long-Term Debt 0
Other Non-Current Liabilities 1.21 M
EFFICIENCY
Earnings Waterfall Terns Pharmaceuticals, Inc.
image
Revenue 0
Cost Of Revenue 881 K
Gross Profit -881 K
Operating Expenses 103 M
Operating Income -103 M
Other Expenses -12.3 M
Net Income -90.2 M
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
-35.33% ROE
-35.33%
-33.60% ROA
-33.60%
-40.27% ROIC
-40.27%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Terns Pharmaceuticals, Inc.
image
Net Income -90.2 M
Depreciation & Amortization 881 K
Capital Expenditures -52 K
Stock-Based Compensation 25.5 M
Change in Working Capital 1.29 M
Others -4.89 M
Free Cash Flow -67.4 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Terns Pharmaceuticals, Inc.
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Wall Street analysts predict an average 1-year price target for TERN of $18.8 , with forecasts ranging from a low of $10 to a high of $26 .
TERN Lowest Price Target Wall Street Target
10 USD 125.73%
TERN Average Price Target Wall Street Target
18.8 USD 323.25%
TERN Highest Price Target Wall Street Target
26 USD 486.91%
4. DIVIDEND ANALYSIS
5. COMPETITION
6. Ownership
Insider Ownership Terns Pharmaceuticals, Inc.
image
Sold
0-3 MONTHS
211 K USD 3
3-6 MONTHS
396 K USD 2
6-9 MONTHS
1.27 M USD 3
9-12 MONTHS
2.8 M USD 1
Bought
110 K USD 1
0-3 MONTHS
5 M USD 1
3-6 MONTHS
42.5 K USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 weeks ago
Jan 02, 2025
Sell 25.6 K USD
Kuriakose Emil
Chief Medical Officer
- 4481
5.7146 USD
2 weeks ago
Jan 02, 2025
Sell 46.5 K USD
Vignola Mark J.
Chief Financial Officer
- 8129
5.7232 USD
1 week ago
Jan 06, 2025
Sell 52.5 K USD
Vignola Mark J.
Chief Financial Officer
- 9059
5.7953 USD
2 weeks ago
Jan 02, 2025
Sell 35.7 K USD
Quigley Jill M.
Director
- 6240
5.7215 USD
1 week ago
Jan 06, 2025
Sell 50.8 K USD
Quigley Jill M.
Director
- 8760
5.7943 USD
1 month ago
Dec 05, 2024
Bought 110 K USD
Burroughs Amy L.
Chief Executive Officer
+ 15450
7.15 USD
4 months ago
Sep 12, 2024
Bought 3 M USD
Lu Hongbo
Director
+ 285714
10.5 USD
4 months ago
Sep 12, 2024
Bought 2 M USD
Lu Hongbo
Director
+ 190476
10.5 USD
4 months ago
Sep 10, 2024
Sell 110 K USD
Vignola Mark J.
Chief Financial Officer
- 10000
11 USD
4 months ago
Sep 09, 2024
Sell 172 K USD
Quigley Jill M.
Director
- 17235
10 USD
5 months ago
Aug 01, 2024
Sell 47.1 K USD
Quigley Jill M.
Director
- 6143
7.6751 USD
5 months ago
Aug 02, 2024
Sell 66.4 K USD
Quigley Jill M.
Director
- 8857
7.5005 USD
6 months ago
Jul 15, 2024
Sell 394 K USD
GORDON CARL L
director, 10 percent owner:
- 39433
10 USD
6 months ago
Jul 16, 2024
Sell 40.1 K USD
GORDON CARL L
director, 10 percent owner:
- 4009
10 USD
6 months ago
Jul 15, 2024
Sell 54 K USD
GORDON CARL L
director, 10 percent owner:
- 5401
10 USD
6 months ago
Jul 16, 2024
Sell 5.56 K USD
GORDON CARL L
director, 10 percent owner:
- 556
10 USD
6 months ago
Jul 15, 2024
Sell 61.4 K USD
GORDON CARL L
director, 10 percent owner:
- 6142
10 USD
6 months ago
Jul 16, 2024
Sell 6.23 K USD
GORDON CARL L
director, 10 percent owner:
- 623
10 USD
6 months ago
Jul 15, 2024
Sell 394 K USD
ORBIMED ADVISORS LLC
director, 10 percent owner:
- 39433
10 USD
6 months ago
Jul 16, 2024
Sell 40.1 K USD
ORBIMED ADVISORS LLC
director, 10 percent owner:
- 4009
10 USD
6 months ago
Jul 15, 2024
Sell 54 K USD
ORBIMED ADVISORS LLC
director, 10 percent owner:
- 5401
10 USD
6 months ago
Jul 16, 2024
Sell 5.56 K USD
ORBIMED ADVISORS LLC
director, 10 percent owner:
- 556
10 USD
6 months ago
Jul 15, 2024
Sell 61.4 K USD
ORBIMED ADVISORS LLC
director, 10 percent owner:
- 6142
10 USD
6 months ago
Jul 16, 2024
Sell 6.23 K USD
ORBIMED ADVISORS LLC
director, 10 percent owner:
- 623
10 USD
6 months ago
Jul 15, 2024
Sell 144 K USD
Quigley Jill M.
Director
- 14365
10.0007 USD
6 months ago
Jul 16, 2024
Sell 4 K USD
Quigley Jill M.
Director
- 400
10 USD
7 months ago
May 31, 2024
Bought 21.3 K USD
Yoon Seokho Bryan
COO and General Counsel
+ 4791
4.44 USD
7 months ago
May 31, 2024
Bought 21.3 K USD
Vignola Mark J.
Chief Financial Officer
+ 4791
4.44 USD
9 months ago
Apr 01, 2024
Sell 952 K USD
Vivo Opportunity, LLC
10 percent owner
- 136255
6.99 USD
9 months ago
Apr 02, 2024
Sell 508 K USD
Vivo Opportunity, LLC
10 percent owner
- 76346
6.65 USD
9 months ago
Apr 03, 2024
Sell 644 K USD
Vivo Opportunity, LLC
10 percent owner
- 103870
6.2 USD
9 months ago
Apr 01, 2024
Sell 275 K USD
Vivo Opportunity, LLC
10 percent owner
- 39411
6.99 USD
9 months ago
Apr 02, 2024
Sell 147 K USD
Vivo Opportunity, LLC
10 percent owner
- 22084
6.65 USD
9 months ago
Apr 03, 2024
Sell 186 K USD
Vivo Opportunity, LLC
10 percent owner
- 30047
6.2 USD
9 months ago
Apr 01, 2024
Sell 38.1 K USD
Vivo Opportunity, LLC
10 percent owner
- 5451
6.99 USD
9 months ago
Apr 02, 2024
Sell 20.3 K USD
Vivo Opportunity, LLC
10 percent owner
- 3050
6.65 USD
9 months ago
Apr 03, 2024
Sell 25.7 K USD
Vivo Opportunity, LLC
10 percent owner
- 4149
6.2 USD
1 year ago
Nov 30, 2023
Bought 2.81 K USD
Yoon Seokho Bryan
COO and General Counsel
+ 743
3.78 USD
1 year ago
Nov 30, 2023
Bought 2.81 K USD
Vignola Mark J.
Chief Financial Officer
+ 743
3.78 USD
1 year ago
May 31, 2023
Bought 14.1 K USD
Vignola Mark J.
Chief Financial Officer
+ 9997
1.41 USD
1 year ago
May 31, 2023
Bought 14.1 K USD
Yoon Seokho Bryan
COO and General Counsel
+ 9997
1.41 USD
1 year ago
May 31, 2023
Bought 2.98 K USD
Sundaram Senthil Vel
Chief Executive Officer
+ 2111
1.41 USD
2 years ago
Nov 30, 2022
Bought 4.23 USD
Yoon Seokho Bryan
+ 3
1.41 USD
2 years ago
Nov 30, 2022
Bought 4.23 USD
Vignola Mark J.
+ 3
1.41 USD
2 years ago
Nov 30, 2022
Bought 4.23 USD
Sundaram Senthil Vel
+ 3
1.41 USD
2 years ago
Dec 23, 2022
Bought 1 M USD
ORBIMED ADVISORS LLC
Director
+ 137931
7.25 USD
2 years ago
Dec 23, 2022
Bought 1 M USD
GORDON CARL L
Director
+ 137931
7.25 USD
2 years ago
Dec 23, 2022
Bought 5.5 M USD
Vivo Opportunity, LLC
Director
+ 758620
7.25 USD
2 years ago
Dec 23, 2022
Bought 5.5 M USD
Lu Hongbo
Director
+ 758620
7.25 USD
2 years ago
Nov 23, 2022
Sell 1.83 M USD
LAV Biosciences Fund V, L.P.
Director
- 333334
5.5 USD
2 years ago
Nov 23, 2022
Sell 917 K USD
LAV Biosciences Fund V, L.P.
Director
- 166666
5.5 USD
2 years ago
Nov 23, 2022
Sell 5.5 M USD
LAV Biosciences Fund V, L.P.
Director
- 1000000
5.5 USD
2 years ago
Sep 07, 2022
Bought 2.16 M USD
Vivo Capital Surplus Fund VIII, L.P.
director:
+ 600000
3.6 USD
2 years ago
Sep 07, 2022
Bought 2.16 M USD
Vivo Opportunity, LLC
10 percent owner
+ 600000
3.6 USD
2 years ago
Sep 07, 2022
Bought 2.16 M USD
Lu Hongbo
director:
+ 600000
3.6 USD
2 years ago
Aug 16, 2022
Bought 5.98 M USD
ORBIMED ADVISORS LLC
director, 10 percent owner:
+ 2470200
2.42 USD
2 years ago
Aug 16, 2022
Bought 1.11 M USD
ORBIMED ADVISORS LLC
director, 10 percent owner:
+ 457400
2.42 USD
2 years ago
Aug 16, 2022
Bought 1.85 M USD
ORBIMED ADVISORS LLC
director, 10 percent owner:
+ 762400
2.42 USD
2 years ago
Aug 16, 2022
Bought 0 USD
ORBIMED ADVISORS LLC
director, 10 percent owner:
+ 207500
0 USD
2 years ago
Aug 16, 2022
Bought 0 USD
ORBIMED ADVISORS LLC
director, 10 percent owner:
+ 64050
0 USD
2 years ago
Aug 16, 2022
Bought 0 USD
OrbiMed Genesis GP LLC
director:
+ 38450
0 USD
2 years ago
Aug 16, 2022
Bought 0 USD
ORBIMED ADVISORS LLC
director, 10 percent owner:
+ 38450
0 USD
2 years ago
Aug 16, 2022
Bought 5.98 M USD
GORDON CARL L
director, 10 percent owner:
+ 2470200
2.42 USD
2 years ago
Aug 16, 2022
Bought 1.11 M USD
GORDON CARL L
director, 10 percent owner:
+ 457400
2.42 USD
2 years ago
Aug 16, 2022
Bought 1.85 M USD
GORDON CARL L
director, 10 percent owner:
+ 762400
2.42 USD
2 years ago
Aug 16, 2022
Bought 0 USD
GORDON CARL L
director, 10 percent owner:
+ 207500
0 USD
2 years ago
Aug 16, 2022
Bought 0 USD
GORDON CARL L
director:
+ 64050
0 USD
2 years ago
Aug 16, 2022
Bought 0 USD
GORDON CARL L
director, 10 percent owner:
+ 38450
0 USD
2 years ago
Aug 12, 2022
Bought 3.63 M USD
Vivo Capital Surplus Fund VIII, L.P.
director:
+ 1500000
2.42 USD
2 years ago
Aug 16, 2022
Bought 3.63 M USD
Vivo Opportunity, LLC
10 percent owner
+ 1500000
2.42 USD
2 years ago
Aug 16, 2022
Bought 150 USD
Vivo Opportunity, LLC
10 percent owner
+ 1500000
0.0001 USD
2 years ago
Aug 15, 2022
Bought 3.64 K USD
Vivo Opportunity, LLC
10 percent owner
+ 1218
2.99 USD
2 years ago
Aug 12, 2022
Bought 3.35 M USD
Vivo Opportunity, LLC
10 percent owner
+ 1123021
2.98 USD
2 years ago
Aug 12, 2022
Bought 3.63 M USD
Lu Hongbo
director:
+ 1500000
2.4199 USD
2 years ago
May 31, 2022
Bought 11.3 K USD
Yoon Seokho Bryan
director: COO and General Counsel
+ 7656
1.47 USD
2 years ago
May 31, 2022
Bought 11.3 K USD
Vignola Mark J.
director: Chief Financial Officer
+ 7656
1.47 USD
2 years ago
May 31, 2022
Bought 11.3 K USD
Sundaram Senthil Vel
director: Chief Executive Officer
+ 7656
1.47 USD
3 years ago
Feb 09, 2021
Bought 4.84 M USD
GORDON CARL L
director, 10 percent owner:
+ 285000
17 USD
3 years ago
Feb 09, 2021
Bought 3.23 M USD
GORDON CARL L
director, 10 percent owner:
+ 190000
17 USD
3 years ago
Feb 09, 2021
Bought 4.84 M USD
ORBIMED ADVISORS LLC
director, 10 percent owner:
+ 285000
17 USD
3 years ago
Feb 09, 2021
Bought 3.23 M USD
ORBIMED ADVISORS LLC
director, 10 percent owner:
+ 190000
17 USD
3 years ago
Feb 09, 2021
Bought 1.76 M USD
Vivo Capital VIII, LLC
10 percent owner
+ 103372
17 USD
3 years ago
Feb 09, 2021
Bought 6.08 M USD
Vivo Capital VIII, LLC
10 percent owner
+ 357353
17 USD
3 years ago
Feb 09, 2021
Bought 243 K USD
Vivo Capital VIII, LLC
10 percent owner
+ 14275
17 USD
3 years ago
Feb 09, 2021
Bought 11.3 M USD
Flynn James E
10 percent owner
+ 665000
17 USD
21 years ago
Nov 03, 2003
Sell 17.9 K USD
SCHAEPE CHRISTOPHER J
other: Former Director
- 2600
6.891 USD
21 years ago
Nov 03, 2003
Sell 1.4 K USD
SCHAEPE CHRISTOPHER J
other: Former Director
- 200
6.98 USD
21 years ago
Oct 31, 2003
Sell 36.9 K USD
SCHAEPE CHRISTOPHER J
other: Former Director
- 5400
6.8417 USD
7. News
Terns Pharmaceuticals Reports Inducement Grant to New Employee Under Nasdaq Listing Rule 5635(C)(4) FOSTER CITY, Calif., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Terns Pharmaceuticals, Inc. (“Terns” or the “Company”) (Nasdaq: TERN), a clinical-stage biopharmaceutical company developing a portfolio of small-molecule product candidates to address serious diseases, including oncology and obesity, today announced that it has granted as of January 1, 2025 an equity inducement award to a new employee under the terms of the 2022 Employment Inducement Award Plan, as amended (the “Inducement Plan”). The equity award was approved by the Compensation Committee of the Company's Board of Directors in accordance with Nasdaq Listing Rule 5635(c)(4) and was made as a material inducement to the employee's acceptance of employment with Terns. globenewswire.com - 2 weeks ago
Terns's stock soars as analysts cheer leukemia data — and predict more gains The pharma company now has two positive proof-of-concept trials under its belt, including its weight-loss pill. marketwatch.com - 1 month ago
Terns Pharmaceuticals price target raised to $20 from $17 at Oppenheimer Oppenheimer raised the firm's price target on Terns Pharmaceuticals to $20 from $17 and keeps an Outperform rating on the shares. Terns reported an interim update on TERN-701's Phase 1 study in chronic myeloid leukemia, providing "encouraging" three month efficacy and safety data that reinforce confidence surrounding its differentiated profile over existing tyrosine kinase inhibitors, the analyst tells investors in a research note. The firm believes TERN-701's emerging profile supports development in earlier-line settings, and its three-month performance strengthens its optimism surrounding longer-term major molecular response data, expected in Q4 of 2025. https://thefly.com - 1 month ago
Terns Pharma broadens beyond obesity drugs with upbeat data in leukemia trial Terns Pharmaceuticals Inc.'s stock jumped 7.5% premarket Tuesday, after the company announced positive data from an early-stage trial of a treatment for chronic myeloid leukemia. marketwatch.com - 1 month ago
Terns Pharmaceuticals Reports Inducement Grant to New Employee Under Nasdaq Listing Rule 5635(C)(4) FOSTER CITY, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Terns Pharmaceuticals, Inc. (“Terns” or the “Company”) (Nasdaq: TERN), a clinical-stage biopharmaceutical company developing a portfolio of small-molecule product candidates to address serious diseases, including oncology and obesity, today announced that it has granted as of December 1, 2024 an equity inducement award to a new employee under the terms of the 2022 Employment Inducement Award Plan, as amended (the “Inducement Plan”). globenewswire.com - 1 month ago
Terns Pharmaceuticals Appoints Heather Turner, J.D., to Board of Directors Accomplished biotechnology CEO brings 25 years of strategic, operational, and legal experience Accomplished biotechnology CEO brings 25 years of strategic, operational, and legal experience globenewswire.com - 2 months ago
Terns Pharmaceuticals Reports Inducement Grant to New Employee Under Nasdaq Listing Rule 5635(C)(4) FOSTER CITY, Calif., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Terns Pharmaceuticals, Inc. (“Terns” or the “Company”) (Nasdaq: TERN), a clinical-stage biopharmaceutical company developing a portfolio of small-molecule product candidates to address serious diseases, including oncology and obesity, today announced that it has granted as of October 1, 2024 an equity inducement award to a new employee under the terms of the 2022 Employment Inducement Award Plan, as amended (the “Inducement Plan”). The equity award was approved by the Compensation Committee of the Company's Board of Directors in accordance with Nasdaq Listing Rule 5635(c)(4) and was made as a material inducement to the employee's acceptance of employment with Terns. globenewswire.com - 3 months ago
Terns Pharmaceuticals: Obesity Advancement Continues With Other Q1 2025 Program Catalyst Terns Pharmaceuticals is developing TERN-601, an oral GLP-1R agonist, which showed a placebo-adjusted weight loss of 4.9% in a phase 1 trial for obesity treatment. The company plans to initiate a phase 2 study for TERN-601 in 2025, creating a significant catalyst opportunity for investors. The company is also developing TERN-701 for chronic myeloid leukemia, with interim phase 1 data expected in December 2024, offering another investment opportunity. seekingalpha.com - 3 months ago
This Small-Cap Stock Has a Promising GLP-1 Drug Which Could Rival Novo Nordisk and Eli Lilly's Weight-Loss Treatments Terns Pharmaceuticals recently posted positive results from a clinical trial involving a weight-loss pill. The results looked better than those from a key rival. fool.com - 4 months ago
Missed Out on Viking Therapeutics? Buy This Weight Loss Biotech Stock Right Now. Viking Therapeutics isn't the only weight loss biotech out there. Terns Pharmaceuticals just published some good phase 1 clinical trial data. fool.com - 4 months ago
Should You Invest in This Under-the-Radar Weight Loss Stock? Terns Pharmaceuticals' early-stage weight loss asset just reported positive clinical trial results. Even though it's showing some promise, Terns remains a risky bet. fool.com - 4 months ago
1 New Weight Loss Drug Stock to Buy Now With $1,000 and Hold for 5 Years or More Terns Pharmaceuticals just reported some strong data from a phase 1 clinical trial. The data suggest that it might be able to make a highly tolerable weight loss drug. fool.com - 4 months ago
8. Profile Summary

Terns Pharmaceuticals, Inc. TERN

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 376 M
Dividend Yield 0.00%
Description Terns Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops small-molecule single-agent and combination therapy candidates for the treatment of non-alcoholic steatohepatitis (NASH) and obesity. The company develops TERN-101, a liver-distributed and non-bile acid farnesoid X receptor agonist, which is in Phase IIa clinical trial for the treatment of NASH; and TERN-201, a vascular adhesion protein-1 inhibitor that is in Phase Ib clinical trial for the treatment of NASH. It also develops TERN-501, a thyroid hormone receptor beta agonist with enhanced liver distribution and metabolic stability that is in Phase I clinical trial for the treatment of NASH; and TERN-601, a small-molecule Glucagon-Like Peptide-1 receptor agonist program that is intended to orally be administered for NASH and metabolic diseases, such as obesity. The company was incorporated in 2016 and is headquartered in Foster City, California.
Contact 1065 East Hillsdale Boulevard, Foster City, CA, 94404 https://www.ternspharma.com
IPO Date Feb. 5, 2021
Employees 66
Officers Dr. Jeffrey R. Jasper Ph.D. Senior Vice President of Research Ms. Amy L. Burroughs M.B.A. Chief Executive Officer & Director Mr. Scott Harris Chief Development Officer Ms. Elona Kogan Esq., J.D. Chief Legal Officer Ms. Melita Sun Jung Chief Business Officer Ms. Debra Sieminski Senior Vice President of Medical Affairs Dr. Mark Joseph Vignola Ph.D. Chief Financial Officer & Treasurer Dr. Emil T. Kuriakose M.D. Chief Medical Officer Mr. David Eric Strauss Vice President of Finance & Controller