Lyra Therapeutics Inc's fundamentals are relatively stable, and its growth potential is significant.Its valuation is considered fairly valued, ranking 193/404 in the Biotechnology & Medical Research industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 23.00.In the medium term, the stock price is expected to trend down.Despite an average stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Lyra Therapeutics Inc's Score
Industry at a Glance
Industry Ranking
193 / 404
Overall Ranking
331 / 4562
Industry
Biotechnology & Medical Research
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
4
analysts
Hold
Current Rating
23.000
Target Price
+479.35%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Lyra Therapeutics Inc Highlights
StrengthsRisks
Lyra Therapeutics, Inc. is a clinical-stage biotechnology company. The Company is focused on the development and commercialization of therapies for the localized treatment of patients with chronic rhinosinusitis (CRS). The Company is developing therapies for CRS, a prevalent inflammatory disease of the paranasal sinuses that leads to debilitating symptoms and significant morbidities. LYR-210, the Company’s lead product, is a bioabsorbable nasal implant designed to be administered in a simple, in-office procedure and is intended to deliver six months of continuous anti-inflammatory drug therapy to the sinonasal passages for the treatment of CRS with a single administration. LYR-210, being evaluated in the ENLIGHTEN Phase III clinical program, is intended for patients with and without nasal polyps. The drug embedded within LYR-210 is mometasone furoate (MF).
Growing
The company is in a growing phase, with the latest annual income totaling USD 1.53M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 1.53M.
Overvalued
The company’s latest PE is -0.15, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 629.46K shares, decreasing 43.50% quarter-over-quarter.
Lyra Therapeutics, Inc. is a clinical-stage biotechnology company. The Company is focused on the development and commercialization of therapies for the localized treatment of patients with chronic rhinosinusitis (CRS). The Company is developing therapies for CRS, a prevalent inflammatory disease of the paranasal sinuses that leads to debilitating symptoms and significant morbidities. LYR-210, the Company’s lead product, is a bioabsorbable nasal implant designed to be administered in a simple, in-office procedure and is intended to deliver six months of continuous anti-inflammatory drug therapy to the sinonasal passages for the treatment of CRS with a single administration. LYR-210, being evaluated in the ENLIGHTEN Phase III clinical program, is intended for patients with and without nasal polyps. The drug embedded within LYR-210 is mometasone furoate (MF).
Ticker SymbolLYRA
CompanyLyra Therapeutics Inc
CEOPalasis (Maria)
Websitehttps://lyratherapeutics.com/
FAQs
What is the current price of Lyra Therapeutics Inc (LYRA)?
The current price of Lyra Therapeutics Inc (LYRA) is 3.650.
What is the symbol of Lyra Therapeutics Inc?
The ticker symbol of Lyra Therapeutics Inc is LYRA.
What is the 52-week high of Lyra Therapeutics Inc?
The 52-week high of Lyra Therapeutics Inc is 37.500.
What is the 52-week low of Lyra Therapeutics Inc?
The 52-week low of Lyra Therapeutics Inc is 2.840.
What is the market capitalization of Lyra Therapeutics Inc?
The market capitalization of Lyra Therapeutics Inc is 6.00M.
What is the net income of Lyra Therapeutics Inc?
The net income of Lyra Therapeutics Inc is -93.44M.
Is Lyra Therapeutics Inc (LYRA) currently rated as Buy, Hold, or Sell?
According to analysts, Lyra Therapeutics Inc (LYRA) has an overall rating of Hold, with a price target of 23.000.
What is the Earnings Per Share (EPS TTM) of Lyra Therapeutics Inc (LYRA)?
The Earnings Per Share (EPS TTM) of Lyra Therapeutics Inc (LYRA) is -23.156.