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Home โบ Stocks โบ Lyra Therapeutics Inc. (LYRA) Stock Forecast & Price Prediction United States | NASDAQ | Healthcare | Biotechnology
$0.11
+0.01 (6.06%)10 Quality Stocks Worth Considering Now
Researching Lyra Therapeutics (LYRA) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
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Based on our analysis of 7 Wall Street analysts, LYRA has a neutral consensus with a median price target of $1.25 (ranging from $0.50 to $2.00). Currently trading at $0.11, the median forecast implies a 1,090.5% upside. This outlook is supported by 0 Buy, 4 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Matthew Caufield at HC Wainwright & Co., projecting a 1,804.8% upside. Conversely, the most conservative target is provided by Dennis Ding at Jefferies, suggesting a 376.2% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for LYRA.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Mar 14, 2025 | HC Wainwright & Co. | Matthew Caufield | Neutral | Reiterates | $2.00 |
Aug 15, 2024 | Cantor Fitzgerald | Louise Chen | Overweight | Reiterates | $0.00 |
Aug 15, 2024 | HC Wainwright & Co. | Matthew Caufield | Neutral | Reiterates | $2.00 |
Jun 20, 2024 | Cantor Fitzgerald | Louise Chen | Overweight | Reiterates | $0.00 |
May 7, 2024 | HC Wainwright & Co. | Matthew Caufield | Neutral | Downgrade | $2.00 |
May 7, 2024 | Jefferies | Dennis Ding | Hold | Downgrade | $0.50 |
May 6, 2024 | BTIG | Justin Zelin | Neutral | Downgrade | $0.00 |
May 1, 2024 | HC Wainwright & Co. | Matthew Caufield | Buy | Reiterates | $12.00 |
Mar 25, 2024 | B of A Securities | Jason Gerberry | Buy | Maintains | $11.00 |
Mar 22, 2024 | HC Wainwright & Co. | Matthew Caufield | Buy | Reiterates | $12.00 |
Oct 6, 2023 | BTIG | Justin Zelin | Buy | Assumes | $15.00 |
Oct 2, 2023 | HC Wainwright & Co. | Matthew Caufield | Buy | Reiterates | $12.00 |
Sep 12, 2023 | B of A Securities | Jason Gerberry | Buy | Maintains | $15.00 |
Aug 31, 2023 | HC Wainwright & Co. | Matthew Caufield | Buy | Initiates | $12.00 |
Feb 7, 2023 | BTIG | Robert Hazlett | Buy | Maintains | $20.00 |
May 24, 2022 | Cantor Fitzgerald | Louise Chen | Overweight | Initiates | $15.00 |
May 26, 2020 | B of A Securities | Buy | Initiates | $0.00 | |
May 26, 2020 | Jefferies | Buy | Initiates | $0.00 |
The following stocks are similar to Lyra Therapeutics based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Lyra Therapeutics Inc. has a market capitalization of $6.92M with a P/E ratio of 0.0x. The company generates $1.53M in trailing twelve-month revenue with a 0.0% profit margin.
Revenue growth is +43.2% quarter-over-quarter, while maintaining an operating margin of -4,672.7% and return on equity of -185.0%.
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Develops therapies for ear, nose, and throat diseases.
Lyra Therapeutics Inc. generates revenue by developing and commercializing innovative therapies specifically designed for chronic rhinosinusitis and related ENT conditions. By leveraging its proprietary XTreo platform, the company focuses on delivering medications directly to the site of illness, which enhances treatment effectiveness and minimizes side effects.
The company aims to significantly improve patient outcomes in the ENT sector, positioning itself as a leader in the specialty pharmaceuticals market. Its unique approach to localized therapy addresses unmet medical needs, potentially transforming how ENT diseases are managed.
Healthcare
Biotechnology
30
Dr. Maria Palasis Ph.D.
United States
2020
Lyra Therapeutics, Inc. (Nasdaq: LYRA) reported its Q4 and full-year financial results for 2024, focusing on its development of sinonasal implants for chronic rhinosinusitis.
Lyra's financial results and corporate update signal its progress in developing innovative treatments, potentially impacting stock performance and market confidence in biotechnology investments.
Lyra Therapeutics (LYRA) has been upgraded to a Zacks Rank #1 (Strong Buy), indicating increasing optimism about its earnings prospects.
Lyra Therapeutics' upgrade to a Zacks Rank #1 signals strong earnings potential, likely boosting investor confidence and driving stock prices higher.
Lyra Therapeutics, Inc. (Nasdaq: LYRA) reported its Q3 2024 financial results and provided a corporate update on its sinonasal implants for chronic rhinosinusitis treatment.
Lyra Therapeutics' financial results and corporate update may indicate its progress in product development, influencing investor sentiment on future profitability and market potential in the biotech sector.
Lyra Therapeutics reported a quarterly loss of $0.18 per share, better than the expected loss of $0.23 and an improvement from a loss of $0.27 per share a year earlier.
Lyra Therapeutics reported a smaller-than-expected quarterly loss, indicating improved financial performance and potential for future growth, which could positively influence investor sentiment.
Lyra Therapeutics has fully enrolled its Phase 3 ENLIGHTEN 2 trial for LYR-210, a treatment for chronic rhinosinusitis. Topline results are anticipated in Q2 2025.
The full enrollment of the ENLIGHTEN 2 trial and upcoming results in Q2 2025 could significantly impact Lyra Therapeutics' stock price and market perception, reflecting the potential success of LYR-210.
Lyra Therapeutics (Nasdaq: LYRA) will present Phase 3 results for LYR-210 and Phase 2 results for LYR-220 at two major medical conferences in Miami from September 27 to October 1, 2024.
Lyra Therapeutics' presentation of Phase 3 and Phase 2 study results could indicate therapeutic efficacy and regulatory progress, impacting stock performance and investor confidence in the company's future.
Based on our analysis of 7 Wall Street analysts, Lyra Therapeutics Inc. (LYRA) has a median price target of $1.25. The highest price target is $2.00 and the lowest is $0.50.
According to current analyst ratings, LYRA has 0 Buy ratings, 4 Hold ratings, and 0 Sell ratings. The stock is currently trading at $0.11. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict LYRA stock could reach $1.25 in the next 12 months. This represents a 1,090.5% increase from the current price of $0.11. Please note that this is a projection by Wall Street analysts and not a guarantee.
Lyra Therapeutics Inc. generates revenue by developing and commercializing innovative therapies specifically designed for chronic rhinosinusitis and related ENT conditions. By leveraging its proprietary XTreo platform, the company focuses on delivering medications directly to the site of illness, which enhances treatment effectiveness and minimizes side effects.
The highest price target for LYRA is $2.00 from Matthew Caufield at HC Wainwright & Co., which represents a 1,804.8% increase from the current price of $0.11.
The lowest price target for LYRA is $0.50 from Dennis Ding at Jefferies, which represents a 376.2% increase from the current price of $0.11.
The overall analyst consensus for LYRA is neutral. Out of 7 Wall Street analysts, 0 rate it as Buy, 4 as Hold, and 0 as Sell, with a median price target of $1.25.
Stock price projections, including those for Lyra Therapeutics Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. 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.