TG Therapeutics Inc

TG Therapeutics Inc Stock Forecast & Price Prediction

Live TG Therapeutics Inc Stock (TGTX) Price
$34.80

10

Ratings

  • Buy 8
  • Hold 1
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$34.80

P/E Ratio

39.56

Volume Traded Today

$1.3M

Dividend

Dividends not available for TGTX

52 Week High/low

36.84/12.84

TG Therapeutics Inc Market Cap

$5.45B

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TGTX Summary

Based on ratings from 10 stock analysts, the TG Therapeutics Inc stock price is expected to increase by 11.11% in 12 months. This is calculated by using the average 12-month stock price forecast for TG Therapeutics Inc. The lowest target is $9 and the highest is $55. Please note analyst price targets are not guaranteed and could be missed completely.

TGTX Analyst Ratings

About 10 Wall Street analysts have assignedTGTX 8 buy ratings, 1 hold ratings, and 1 sell ratings. This means that analysts expect TG Therapeutics Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on TGTX. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

TGTX stock forecast by analyst

These are the latest 20 analyst ratings of TGTX.

Analyst/Firm

Rating

Price Target

Change

Date

Eric Joseph
JP Morgan

Overweight

$43

Maintains

Nov 25, 2024
Corinne Jenkins
Goldman Sachs

Neutral

$22

Maintains

Nov 5, 2024
Edward White
HC Wainwright & Co.

Buy

$55

Maintains

Nov 5, 2024
Tara Bancroft
TD Cowen

Buy

$50

Initiates

Oct 29, 2024
Edward White
HC Wainwright & Co.

Buy

$49

Reiterates

Sep 18, 2024
Mayank Mamtani
B. Riley Securities

Buy

$34

Maintains

Aug 7, 2024
Corinne Jenkins
Goldman Sachs

Neutral

$20

Maintains

Aug 7, 2024
Edward White
HC Wainwright & Co.

Buy

$49

Reiterates

Aug 6, 2024
Matthew Kaplan
Ladenburg Thalmann

Buy

$40

Maintains

May 2, 2024
Edward White
HC Wainwright & Co.

Buy

$49

Maintains

May 2, 2024
Eric Joseph
JP Morgan

Overweight

$25

Reiterates

Apr 18, 2024
Matthew Kaplan
Ladenburg Thalmann

Buy

$39

Reiterates

Apr 18, 2024
Edward White
HC Wainwright & Co.

Buy

$45

Reiterates

Apr 18, 2024
Edward White
HC Wainwright & Co.

Buy

$45

Reiterates

Mar 1, 2024
Corinne Jenkins
Goldman Sachs

Neutral

$13

Maintains

Feb 29, 2024
Edward White
HC Wainwright & Co.

Buy

$45

Reiterates

Feb 28, 2024
Mayank Mamtani
B. Riley Securities

Buy

$29

Maintains

Feb 5, 2024
Edward White
HC Wainwright & Co.

Buy

$45

Maintains

Jan 11, 2024
Eric Joseph
JP Morgan

Overweight

$23

Maintains

Nov 1, 2023
Matthew Andrews
Jefferies

Buy


Maintains

Nov 1, 2023

TGTX Company Information

What They Do: Develops treatments for B-cell mediated diseases.

Business Model: The company focuses on acquiring, developing, and commercializing novel biopharmaceuticals, primarily targeting B-cell mediated diseases. It generates revenue through the sale of its approved drug, BRIUMVI, and has a diverse pipeline that includes several investigational medicines aimed at different types of cancers and autoimmune diseases.

Other Information: TG Therapeutics has established various license and collaboration agreements with other pharmaceutical companies, enhancing its development capabilities and market reach. The company is based in Morrisville, North Carolina, and has been operational since 1993, indicating a long-standing presence in the biopharmaceutical industry.
TGTX
TG Therapeutics Inc (TGTX)

When did it IPO

2010

Staff Count

319

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Mr. Michael S. Weiss Esq.

Market Cap

$5.45B

TG Therapeutics Inc (TGTX) Financial Data

In 2023, TGTX generated $233.7M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that TGTX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$233.7M

0.00 %
From Previous Year
  • Revenue TTM $264.8M
  • Operating Margin TTM 14.8%
  • Gross profit TTM $219.5M
  • Return on assets TTM -0.1%
  • Return on equity TTM -8.0%
  • Profit Margin -5.4%
  • Book Value Per Share 1.34%
  • Market capitalisation $5.45B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $233.7M
  • EPS this year (TTM) $-0.10

TG Therapeutics Inc (TGTX) Latest News

News Image

Thu, 21 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - TG Therapeutics, Inc. (NASDAQ: TGTX) ranked first on the Deloitte Technology Fast 500โ„ข, highlighting its status as a leading fast-growing company in North America.

Why It Matters - TG Therapeutics' top ranking in the Deloitte Technology Fast 500 highlights its rapid growth, potentially increasing investor confidence and interest, which can drive stock prices higher.

News Image

Tue, 05 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - TG Therapeutics reported a Q3 beat, raising full-year Briumvi sales guidance by $7.5 million. Key updates expected in early 2025 include Q4 sales and trial results for subcutaneous Briumvi.

Why It Matters - TG Therapeutics' Q3 performance and raised guidance indicate stable growth potential for Briumvi, setting the stage for future developments that could impact stock valuations and investor sentiment.

News Image

Tue, 05 Nov 2024

Sentiment - POSITIVE

Source - Investors Business Daily

Summary - Investors are encouraged to explore stocks beyond Nvidia, Amazon, and Tesla to identify opportunities for significant earnings growth.

Why It Matters - The exclusion of major stocks like Nvidia, Amazon, and Tesla suggests emerging opportunities elsewhere, indicating potential for higher returns in overlooked sectors.

News Image

Mon, 04 Nov 2024

Sentiment - NEGATIVE

Source - Investors Business Daily

Summary - TG Therapeutics stock declined after third-quarter results showed a profit miss, despite exceeding sales expectations for its multiple sclerosis treatment.

Why It Matters - TG Therapeutics' stock drop signals investor disappointment over profit misses despite strong sales, indicating potential volatility and caution in future earnings projections.

News Image

Mon, 04 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - TG Therapeutics, Inc. (NASDAQ:TGTX) will hold its Q3 2024 earnings conference call on November 4, 2024, at 8:30 AM ET, featuring key executives and analysts from major financial firms.

Why It Matters - The Q3 earnings call date indicates upcoming financial performance insights for TG Therapeutics, impacting stock valuation and investor sentiment.

News Image

Mon, 04 Nov 2024

Sentiment - NEGATIVE

Source - Seeking Alpha

Summary - TG Therapeutics' Q3 earnings missed EPS expectations due to higher costs, despite Briumvi's $83.3 million revenue (15% QoQ growth). Full-year revenue guidance is raised to $300-305 million.

Why It Matters - TG Therapeutics missed EPS expectations, signaling potential cash flow issues. However, Briumvi's revenue growth and raised guidance reflect confidence in its market position, offsetting some concerns.

...

TGTX Frequently asked questions

The highest forecasted price for TGTX is $55 from Edward White at HC Wainwright & Co..

The lowest forecasted price for TGTX is $9 from from

The TGTX analyst ratings consensus are 8 buy ratings, 1 hold ratings, and 1 sell ratings.