The price of SYRE is predicted to go up 0.28%, based on the high correlation periods with HCC. The similarity of these two price pattern on the periods is 93.52%.
SYRE
HCC
Up: 0.28%Similarity: 93.52%
SYRE Revenue Forecast
SYRE EPS Forecast
SYRE FAQs
What is bull’s view on SYRE?
SYRE stock has a bullish outlook with a price target of $65, up from $50, as per Baird's analysis. This optimism stems from better-than-expected initial data from SPY001, which de-risks its pipeline and suggests potential best-in-class efficacy in IBD. The stock's last trade at $31.27 indicates a significant upside of approximately 108%.
What is bear's view on SYRE?
SYRE stock is currently trading at $31.27, below its 200-day moving average, signaling potential bearish momentum. The recent public offering priced at $27.50 per share could exert downward pressure as the market absorbs the new shares. Additionally, the stock's high volatility within its 52-week range ($8.75–$47.97) suggests caution for investors.
What is SYRE revenue forecast for next quarter?
The market consensus for SYRE's revenue in the upcoming quarter is projected to be approximately $4M USD.
What is SYRE eps forecast for next quarter?
The market consensus for SYRE's eps in the upcoming quarter is projected to be approximately $0.82 USD.
Baird raised the firm's price target on Spyre Therapeutics to $65 from $50 and keeps an Outperform rating on the shares. The firm said they posted better-than-expected initial data from SPY001 and thinks the data incrementally de-risks its lead asset and broad pipeline, which could offer best-in-class dosing and potentially improved efficacy in IBD.