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TERN logo

TERN Overview

-
$
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
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

Loading chart...

High
52.827
Open
52.815
VWAP
52.77
Vol
4.71M
Mkt Cap
6.08B
Low
52.740
Amount
248.69M
EV/EBITDA(TTM)
--
Total Shares
115.41M
EV
5.07B
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)
2026-03-30
16:40:00
Truist Downgrades Terns Pharmaceuticals to Hold, Price Target Cut to $53
select
2026-03-30
13:20:00
Terns Pharmaceuticals Options Volume Normal, Anticipating 1.8% Move
select
2026-03-27 (ET)
2026-03-27
17:20:00
Barclays Downgrades Terns Pharmaceuticals to Equal Weight, Price Target Cut to $53
select
2026-03-27
09:00:00
Mizuho Downgrades Terns Pharmaceuticals to Neutral, Price Target Cut to $53
select
2026-03-26 (ET)
2026-03-26
16:10:00
BMO Capital Downgrades Terns Pharmaceuticals to Market Perform with $53 Price Target
select
2026-03-25 (ET)
2026-03-25
19:30:00
Citizens Downgrades Terns Pharmaceuticals to Market Perform
select
2026-03-25
16:30:00
Major Averages Rise on U.S. Iran Peace Plan
select

News

Barron's
8.5
03-27Barron's
A Guide to Participating in the SpaceX IPO
  • SpaceX IPO Plans: SpaceX is anticipated to file for an initial public offering later this year, signaling a potential growth opportunity for investors.

  • Investor Interest: Investors are actively seeking to purchase funds that hold pre-IPO shares of SpaceX, aiming to benefit from the company's expected boom.

  • Caution Advised: Potential buyers are warned to exercise caution when investing in pre-IPO shares, as risks may be involved.

  • Elon Musk's Ventures: The interest in SpaceX is tied to Elon Musk's broader ventures in rockets, satellites, and artificial intelligence, which are seen as promising sectors.

CNBC
8.5
03-27CNBC
Novartis Plans $2 Billion Acquisition of Excellergy for Allergy Treatment
  • Acquisition Strategy: Novartis is planning to acquire U.S.-based biotech Excellergy for up to $2 billion, aiming to enhance its allergy drug portfolio by introducing the early-stage candidate Exl-111, which is expected to outperform existing market treatments in speed and efficacy.
  • Patent Expiration Response: This acquisition represents Novartis' latest bolt-on deal to counteract looming patent expirations, particularly as its best-selling drugs face generic competition, which is anticipated to positively impact future revenue streams.
  • Recent Transaction Activity: Prior to the Excellergy deal, Novartis announced the acquisition of Pikavation Therapeutics for up to $3 billion to secure rights to an experimental breast cancer drug, highlighting its strategic focus on oncology.
  • Market Reaction: While Novartis shares traded sideways in morning trading in Zurich, they have increased by 33% over the past year, reflecting market confidence in its acquisition strategy and future growth potential.
Yahoo Finance
8.5
03-27Yahoo Finance
Merck Included in 15 Dividend Stocks for Income Investment
  • Rating Reaffirmed: On March 25, RBC reiterated its Outperform rating on Merck & Co., Inc. (NYSE:MRK) with a price target of $142, indicating confidence in the company's future performance despite investor disappointment over the 'modest premium' for the acquisition of Terns Pharmaceuticals.
  • Acquisition Feedback Analysis: Following a conference call discussing the proposed acquisition of Terns, RBC analyst Trung Huynh noted that investor feedback was largely negative, questioning why Terns would agree to sell a high-probability asset at what was described as a 'modest premium', reflecting market caution regarding the deal.
  • Capital Allocation Recognition: Despite concerns over the acquisition, investors still view Merck as a savvy capital allocator capable of effectively addressing its upcoming patent cliff, indicating that the company's strategic position in the industry remains recognized.
  • Potential Competitive Threats: There is an expectation that competing bidders may emerge or that shareholders could outright reject the deal, which could impact Merck's stock performance, necessitating close monitoring of subsequent developments.
PRnewswire
7.0
03-26PRnewswire
Halper Sadeh LLC Investigates Multiple Companies for Potential Violations
  • Shareholder Rights Investigation: Halper Sadeh LLC is investigating Terns Pharmaceuticals, Inc. (NASDAQ:TERN) regarding its sale to Merck for $53.00 per share, which may involve potential violations of shareholder rights, prompting shareholders to understand their rights and options.
  • Merger Transaction Review: The merger between Corebridge Financial, Inc. (NYSE:CRBG) and Equitable Holdings, Inc. will result in Corebridge shareholders owning approximately 51% of the combined entity, with the law firm potentially seeking increased compensation and disclosures for shareholders.
  • Equitable Shareholder Rights: Equitable Holdings, Inc. (NYSE:EQH) shareholders will own about 49% of the combined company post-merger with Corebridge, and Halper Sadeh LLC encourages shareholders to learn about their legal rights and options to protect their interests.
  • Legal Service Commitment: The firm commits to providing legal services on a contingency fee basis, ensuring affected investors can seek legal remedies without upfront financial burdens.
stocktwits
8.5
03-26stocktwits
Merck's Acquisition Sparks Interest in Blood Cancer Drug Market
  • Acquisition Premium Analysis: Merck's acquisition of Terns at $53 per share represents a 42% premium, which not only strengthens its blood cancer pipeline but also raises market interest in Sellas, potentially driving up its valuation.
  • Investor Sentiment Shift: Following the Merck deal, retail investors are increasingly viewing Pfizer as a potential acquirer of Sellas, reflecting a growing interest in blood cancer drugs and potential M&A opportunities in the sector.
  • Clinical Trial Progress: Sellas' Phase 3 Regal trial has recorded 72 death events in AML patients, nearing the 80 required for final analysis, showcasing the clinical potential of its product and likely attracting more investor attention.
  • Market Valuation Expectations: Retail investors estimate that Sellas' lead AML candidate, Galinpepimut-S, could be valued between $33.5 billion and $53.6 billion based on projected revenues, indicating optimistic market expectations for its future earnings and further driving demand for its stock.
stocktwits
8.5
03-26stocktwits
SLS Shares Surge Following Merck's Tern Acquisition, Fueling Buyout Speculation in Blood Cancer Sector: Retail Investors Eye Major Pharma Contender
  • Merck's Acquisition of Terns Pharmaceuticals: Merck is set to acquire Terns Pharmaceuticals for $6.7 billion, which includes a 42% premium for the mid-stage leukemia drug TERN-701, enhancing Merck's blood cancer pipeline.

  • Investor Sentiment Towards Pfizer: Retail investors are increasingly viewing Pfizer as a potential buyer following Merck's acquisition, with attention on Pfizer's ongoing clinical work in hematologic cancers and its need for growth drivers post-COVID.

  • Sellas Life Sciences Stock Surge: Shares of Sellas Life Sciences jumped over 6% after the announcement of Merck's acquisition, reflecting renewed interest in potential takeovers in the blood cancer drug market.

  • Focus on Clinical Trials: Investor focus remains on the Phase 3 trial of GPS in AML patients, with significant patient death events recorded, as the study aims to reach final analysis after 80 events, indicating the high stakes involved in these clinical evaluations.

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 0.00, compared to its 5-year average forward P/E of -5.18. 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
-5.18
Current PE
0.00
Overvalued PE
-0.75
Undervalued PE
-9.60

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
-2.08
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
2.69
Undervalued EV/EBITDA
-6.84

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
10.66
Current PS
0.00
Overvalued PS
56.29
Undervalued PS
-34.97

Financials

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Annual
Quarterly

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Whales Holding TERN

C
Commodore Capital LP
Holding
TERN
+22.71%
3M Return
V
Vivo Capital, LLC
Holding
TERN
+14.23%
3M Return
P
Paradigm Biocapital Advisors LP
Holding
TERN
+13.89%
3M Return
V
Vestal Point Capital, LP
Holding
TERN
+6.42%
3M Return
B
Braidwell LP
Holding
TERN
+6.39%
3M Return
A
Avoro Capital Advisors LLC
Holding
TERN
+5.71%
3M Return

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Frequently Asked Questions

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

The current price of TERN is 52.75 USD — it has increased 0.06

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 April 01 2026.

What is Terns Pharmaceuticals Inc (TERN) market cap?

Today TERN has the market capitalization of 6.08B USD.