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TERN Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
46.790
Open
44.350
VWAP
45.97
Vol
1.66M
Mkt Cap
5.09B
Low
44.350
Amount
76.31M
EV/EBITDA(TTM)
--
Total Shares
108.77M
EV
4.67B
EV/OCF(TTM)
--
P/S(TTM)
--
Terns Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company. The Company is engaged in developing a portfolio of small-molecule product candidates to address serious diseases, including oncology and obesity. Its product candidates in pipeline includes TERN-701, TERN-601 and TERN-501. TERN-701 is its oral, potent, allosteric BCR-ABL tyrosine kinase inhibitors (TKI) specifically targeting the ABL myristoyl pocket for CML, a form of cancer that begins in the bone marrow and leads to the growth of leukemic cells. TERN-601 is a small-molecule glucagon-like peptide-1 receptor (GLP-1R) agonist that is intended to be orally administered for obesity. TERN-501 is a thyroid hormone receptor beta (THR-b) agonist with high metabolic dysfunction-associated steatohepatitis (MASH). It is also focused on developing the TERN-800 series of small-molecule glucose-dependent insulinotropic polypeptide receptor (GIPR) modulators for obesity.
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Events Timeline

(ET)
2026-01-14
13:10:00
Novo Nordisk CEO Signals M&A Interest, Viking Therapeutics Up Nearly 11%
select
2026-01-14
12:50:00
Novo Nordisk Seeks Acquisitions to Boost Obesity Portfolio
select
link
2025-12-10 (ET)
2025-12-10
16:20:00
Federal Reserve Cuts Rates by 25 Basis Points, Major Averages Close Higher
select
2025-12-10
12:10:00
Major Averages Mixed as Investors Await Fed Policy Meeting Conclusion
select
2025-12-10
06:20:00
Deal Size Increased to $502M in Common Stock
select
2025-12-09 (ET)
2025-12-09
09:20:00
Terns Pharmaceuticals Proposes $400M Underwritten Public Offering
select

News

Fool
8.5
03-05Fool
Boxer Capital Acquires New Stake in Terns Pharmaceuticals
  • New Investment Disclosure: On February 17, 2026, Boxer Capital Management disclosed its new investment in Terns Pharmaceuticals, acquiring 375,000 shares valued at approximately $15.15 million, indicating strong confidence in the company's future prospects.
  • Significant Ownership: This acquisition brings Boxer Capital's stake in Terns to 3.32%, representing a notable position within its $456.88 million in 13F reportable assets under management, reflecting a strategic focus on the biopharmaceutical sector.
  • Outstanding Stock Performance: As of February 17, 2026, Terns' shares were priced at $39.58, marking an impressive 858.4% increase over the past year, significantly outperforming the S&P 500 by 862.96 percentage points, showcasing strong market recognition of its small-molecule therapies.
  • Broad Market Potential: Terns focuses on developing small-molecule therapies targeting non-alcoholic steatohepatitis (NASH) and obesity, with several candidates in clinical trials, poised for value creation through commercialization or out-licensing, addressing urgent market needs for new therapies.
Fool
6.5
02-20Fool
ORBIMED Reduces Stake in Terns Pharmaceuticals
  • Share Reduction Transaction: According to a SEC filing dated February 17, 2026, ORBIMED Advisors LLC sold 5,409,671 shares of Terns Pharmaceuticals for approximately $125 million, indicating a potential decrease in confidence regarding the company's future prospects.
  • Holding Changes: Following this sale, ORBIMED retains 2,153,300 shares of Terns, with a value decrease of $30.20 million, reflecting fluctuations in market expectations for its clinical pipeline.
  • Market Performance: As of February 17, 2026, Terns' stock price stood at $39.58, marking an 858.4% increase over the past year, significantly outperforming the S&P 500 by 862.96 percentage points, showcasing strong market confidence in its biotech potential.
  • Investor Focus: With upcoming clinical data releases, investors should monitor Terns' cash flow and trial results to assess whether its pipeline justifies the current high valuation, especially since robust data is crucial for sustaining valuation in the biotech sector.
NASDAQ.COM
6.5
02-20NASDAQ.COM
ORBIMED Reduces Stake in Terns Pharmaceuticals
  • Stake Reduction Size: ORBIMED Advisors LLC disclosed in an SEC filing on February 17, 2026, that it reduced its stake in Terns Pharmaceuticals by 5,409,671 shares, with an estimated transaction size of $125.01 million, reflecting a cautious outlook on the company's future prospects.
  • Position Value Change: Following this transaction, ORBIMED's position in Terns decreased to 2,153,300 shares, with a value drop of $30.20 million, indicating the market's sensitivity to fluctuations in the company's stock price.
  • Asset Management Proportion: After the reduction, Terns now represents 1.78% of ORBIMED's reportable AUM, falling outside the top five holdings, which suggests a diminished significance in the investment portfolio.
  • Market Performance Comparison: As of February 17, 2026, Terns' stock price stood at $39.58, reflecting an 858.4% increase over the past year, significantly outperforming the S&P 500 by 862.96 percentage points, demonstrating strong market confidence in its clinical pipeline.
Fool
8.5
02-17Fool
First Turn Management Acquires Stake in Terns Pharmaceuticals
  • New Investment Position: First Turn Management, LLC disclosed a new position in Terns Pharmaceuticals on February 13, 2026, acquiring 872,049 shares in an estimated $35.23 million trade, indicating strong confidence in the company's future growth potential.
  • Significant Ownership: This acquisition represents 4.03% of First Turn Management's total U.S. equity holdings of $875.20 million, highlighting the firm's strategic focus on the biopharmaceutical sector and its commitment to high-growth investments.
  • Outstanding Stock Performance: As of February 13, 2026, Terns Pharmaceuticals shares were priced at $37.79, reflecting an impressive 826.2% increase over the past year, significantly outperforming the S&P 500 by 814.43 percentage points, showcasing strong market validation of its product pipeline.
  • Clinical Stage Advantage: Terns Pharmaceuticals is dedicated to developing small-molecule therapeutics targeting non-alcoholic steatohepatitis (NASH) and obesity, with a diversified pipeline that positions it competitively to address high unmet medical needs in metabolic disorders.
stocktwits
8.5
01-14stocktwits
Viking Therapeutics CEO Highlights Broad Strategic Interest in Weight-Loss Drug Deals, Shares Surge 17%
  • Stock Surge: Shares of Viking Therapeutics (VKTX) surged 17% on Wednesday, reflecting strong market interest in its weight-loss drug development, particularly as Novo Nordisk (NVO) seeks acquisitions to enhance its drug portfolio.
  • M&A Activity: Novo Nordisk halted its $10 billion bid for the smaller obesity drugmaker Metsera, but successfully acquired Akero Therapeutics for up to $5.2 billion in December, indicating its aggressive strategy in the obesity drug market.
  • Clinical Trial Progress: Viking's lead candidate VK2735 demonstrated a significant average weight loss of 14.7% over 13 weeks in mid-stage trials, showcasing its potential in obesity treatment, with ongoing studies for an oral formulation of the drug.
  • Market Sentiment: On Stocktwits, retail sentiment around VKTX remained in the 'extremely bullish' territory, with message volume rising from 'high' to 'extremely high', as speculation grew about Novo potentially acquiring Viking for around $10 billion, which would represent substantial upside from its current near $4 billion market cap.
Yahoo Finance
7.5
01-03Yahoo Finance
CleanSpark Inc. (CLSK) Jumps 14.13% Ahead of Mining Report for December 2025
  • Stock Price Surge: CleanSpark's stock rose 14.13% on Friday to close at $11.55 per share, primarily driven by rising Bitcoin prices, reflecting investor optimism ahead of its upcoming December 2025 mining report.
  • Bitcoin Mining Performance: In November, CleanSpark successfully mined 587 Bitcoins, bringing its total holdings to 13,054, indicating strong performance and ongoing growth potential in the Bitcoin market.
  • Significant Sales Revenue: The company sold 565.41 Bitcoins at an average price of $91,979, generating total earnings of $52 million, which further solidifies its financial foundation in the Bitcoin mining sector.
  • Strategic Transition: CleanSpark is gradually transitioning from Bitcoin mining to high-performance computing (HPC) services, and while the market remains optimistic about its future potential, analysts believe that other AI stocks may offer higher returns with lower risk.
Wall Street analysts forecast TERN stock price to rise
11 Analyst Rating
Wall Street analysts forecast TERN stock price to rise
11 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
35.00
Averages
54.22
High
60.00
Current: 0.000
sliders
Low
35.00
Averages
54.22
High
60.00
Leerink
Outperform
initiated
$58
AI Analysis
2026-02-09
Reason
Leerink
Price Target
$58
AI Analysis
2026-02-09
initiated
Outperform
Reason
Leerink initiated coverage of Terns Pharmaceuticals with an Outperform rating and $58 price target. Terns is a clinical-stage biotechnology company developing TERN-701, a next-generation allosteric BCR::ABL1 inhibitor for chronic myeloid leukemia. Early phase 1 TERN-701 CARDINAL data suggest a best-in-class profile, with materially higher molecular response rates and a clean safety profile that affords a wider therapeutic window enabling deeper and more durable target suppression, the firm notes. The frontline CML setting is the primary driver of value for TERN-701, which Leerink sees as a $4.8B opportunity, $32/share in its model. At Terns's current $4B market valuation, conviction in TERN-701's ability to meaningfully penetrate the frontline setting is paramount to the long thesis. The firm forecasts an additional $1.4B of second-line-and-beyond peak revenues or $18/share in its model.
Citizens
Outperform
maintain
$35 -> $57
2025-12-11
Reason
Citizens
Price Target
$35 -> $57
2025-12-11
maintain
Outperform
Reason
Citizens raised the firm's price target on Terns Pharmaceuticals to $57 from $35 and keeps an Outperform rating on the shares. Terns' interim Phase 1 CARDINAL ASH update highlighted the best-in-class profile of TERN-701, the analyst tells investors in a research note. Key additional data points were the high deep molecular response rate, setting it up well in 1L, and the strong activity post asciminib and ponatinib, which is very positive in 2L, Citizens says.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for TERN
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Valuation Metrics

The current forward P/E ratio for Terns Pharmaceuticals Inc (TERN.O) is -31.32, compared to its 5-year average forward P/E of -5.23. For a more detailed relative valuation and DCF analysis to assess Terns Pharmaceuticals Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-5.23
Current PE
-31.32
Overvalued PE
-0.75
Undervalued PE
-9.71

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-2.23
Current EV/EBITDA
-32.47
Overvalued EV/EBITDA
2.73
Undervalued EV/EBITDA
-7.19

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
10.53
Current PS
0.00
Overvalued PS
55.89
Undervalued PS
-34.83

Financials

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Whales Holding TERN

B
Boothbay Fund Management, LLC
Holding
TERN
+11.67%
3M Return
P
Paradigm Biocapital Advisors LP
Holding
TERN
+8.20%
3M Return
V
Vivo Capital, LLC
Holding
TERN
+6.93%
3M Return
C
Commodore Capital LP
Holding
TERN
+6.92%
3M Return
V
Vestal Point Capital, LP
Holding
TERN
+6.42%
3M Return
B
Braidwell LP
Holding
TERN
+0.39%
3M Return

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Frequently Asked Questions

What is Terns Pharmaceuticals Inc (TERN) stock price today?

The current price of TERN is 46.78 USD — it has increased 3.29

What is Terns Pharmaceuticals Inc (TERN)'s business?

Terns Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company. The Company is engaged in developing a portfolio of small-molecule product candidates to address serious diseases, including oncology and obesity. Its product candidates in pipeline includes TERN-701, TERN-601 and TERN-501. TERN-701 is its oral, potent, allosteric BCR-ABL tyrosine kinase inhibitors (TKI) specifically targeting the ABL myristoyl pocket for CML, a form of cancer that begins in the bone marrow and leads to the growth of leukemic cells. TERN-601 is a small-molecule glucagon-like peptide-1 receptor (GLP-1R) agonist that is intended to be orally administered for obesity. TERN-501 is a thyroid hormone receptor beta (THR-b) agonist with high metabolic dysfunction-associated steatohepatitis (MASH). It is also focused on developing the TERN-800 series of small-molecule glucose-dependent insulinotropic polypeptide receptor (GIPR) modulators for obesity.

What is the price predicton of TERN Stock?

Wall Street analysts forecast TERN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TERN is54.22 USD with a low forecast of 35.00 USD and a high forecast of 60.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Terns Pharmaceuticals Inc (TERN)'s revenue for the last quarter?

Terns Pharmaceuticals Inc revenue for the last quarter amounts to 0.00 USD, decreased

What is Terns Pharmaceuticals Inc (TERN)'s earnings per share (EPS) for the last quarter?

Terns Pharmaceuticals Inc. EPS for the last quarter amounts to -0.27 USD, decreased -3.57

How many employees does Terns Pharmaceuticals Inc (TERN). have?

Terns Pharmaceuticals Inc (TERN) has 59 emplpoyees as of March 12 2026.

What is Terns Pharmaceuticals Inc (TERN) market cap?

Today TERN has the market capitalization of 5.09B USD.