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GH Research PLC (GHRS)

Healthcare | Biotechnology | Dublin, Ireland | NasdaqGM
25.35 USD -1.16 (-4.376%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:31 a.m. EDT

The recent price surge is creating a dangerous divergence between the company's fragile fundamentals and the market's aggressive optimism. While the stock has rallied significantly off its lows, the underlying business remains in a cash-burning phase with negative earnings and no dividend support, making the current valuation highly speculative. The options market is screaming caution, with traders stacking heavy protection at lower strikes for the coming months, suggesting they believe the recent gains are unsustainable. Although the long-term trajectory shows a recovery from a deep trough, the lack of profitability and the overwhelming bearish sentiment in derivatives indicate that the current price is vulnerable to a swift retracement. Investors should view this rally as a high-risk momentum play rather than a turnaround story.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_105 ✓0.249596
MSTL_74_1050.257617
MSTL0.269195
AutoETS0.284297
MSTL_740.287337
AutoTheta0.288466
AutoARIMA0.289181

Forecast horizon: 60 days | Selected: MSTL_105

Forecast Reliability
Score 33%
H-stat 5.95
Ljung-Box p 0.000
Jarque-Bera p 0.115
Excess Kurtosis -0.91
Attribute Value
Sector Healthcare
Debt to Equity Ratio 0.164
Market Cap 1,739,236,096
Forward P/E -12.68
Beta 1.29
Website https://www.ghres.com

As of July 11, 2026, 6:31 a.m. EDT: Speculators are positioning for a significant downside move, evidenced by massive open interest in out-of-the-money puts (strikes at 20 and 17.5) expiring in October, while call activity remains sparse and concentrated near the money. This heavy put skew suggests a fear of a sharp correction or a 'blow-off top' scenario rather than a continuation of the recent rally.


Info Dump

Attribute Value
52 Week Change 0.607641
Address1 Joshua Dawson House
Address2 Dawson Street
All Time High 30.43
All Time Low 5.05
Ask 25.56
Ask Size 1
Average Daily Volume10 Day 216,020
Average Daily Volume3 Month 263,808
Average Volume 263,808
Average Volume10Days 216,020
Beta 1.29
Bid 18.77
Bid Size 2
Book Value 4.246
City Dublin
Country Ireland
Crypto Tradeable 0
Currency USD
Current Price 25.35
Current Ratio 23.041
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 26.32
Day Low 25.0
Debt To Equity 0.164
Display Name GH Research
Earnings Timestamp 1,778,761,800
Earnings Timestamp End 1,786,019,400
Earnings Timestamp Start 1,786,019,400
Ebitda -66,581,000
Ebitda Margins 0.0
Enterprise To Ebitda -19.608
Enterprise Value 1,305,552,128
Eps Current Year -1.4025
Eps Forward -1.99875
Eps Trailing Twelve Months -0.87
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 23.0088
Fifty Day Average Change 2.3411999
Fifty Day Average Change Percent 0.10175236
Fifty Two Week Change Percent 60.7641
Fifty Two Week High 28.96
Fifty Two Week High Change -3.6099987
Fifty Two Week High Change Percent -0.12465466
Fifty Two Week Low 11.32
Fifty Two Week Low Change 14.030001
Fifty Two Week Low Change Percent 1.2393994
Fifty Two Week Range 11.32 - 28.96
Financial Currency USD
First Trade Date Milliseconds 1,624,627,800,000
Float Shares 26,724,124
Forward Eps -1.99875
Forward P E -12.682927
Free Cashflow -32,741,250
Full Exchange Name NasdaqGM
Full Time Employees 73
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.24226
Held Percent Institutions 0.70233
Implied Shares Outstanding 68,608,919
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,021-06-25
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary GH Research PLC, together with its subsidiary, operates a clinical-stage biopharmaceutical company that develops treatments for depression in the United States. The company's lead product candidate is GH001, an inhalable mebufotenin product candidate that is in Phase 2b clinical trial for treating patients with treatment-resistant depression and in Phase 2a clinical trials for treating bipolar II disorder and postpartum depression. It also develops GH002, an intravenous mebufotenin product candidate, which is in phase 1 clinical pharmacology trial in healthy volunteers focusing on psychiatric and neurological disorders. The company was founded in 2018 and is based in Dublin, Ireland.
Long Name GH Research PLC
Market us_market
Market Cap 1,739,236,096
Market State PRE
Max Age 86,400
Message Board Id finmb_707594028
Most Recent Quarter 1,774,915,200
Net Income To Common -56,413,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,829,799,869
Number Of Analyst Opinions 8
Open 27.36
Operating Cashflow -45,648,000
Operating Margins 0.0
Payout Ratio 0.0
Phone 353 1 437 8334
Previous Close 26.51
Price Eps Current Year -18.074865
Price Hint 2
Price To Book 5.9703255
Profit Margins 0.0
Quick Ratio 22.626
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -1.16
Regular Market Change Percent -4.37571
Regular Market Day High 26.32
Regular Market Day Low 25.0
Regular Market Day Range 25.0 - 26.32
Regular Market Open 27.36
Regular Market Previous Close 26.51
Regular Market Price 25.35
Regular Market Time 1,783,972,801
Regular Market Volume 194,249
Return On Assets -0.1399
Return On Equity -0.1967
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 68,608,919
Shares Percent Shares Out 0.028199999
Shares Short 1,937,477
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 2,202,151
Short Name GH Research PLC
Short Percent Of Float 0.0721
Short Ratio 7.04
Source Interval 15
Symbol GHRS
Target High Price 65.0
Target Low Price 32.0
Target Mean Price 39.5
Target Median Price 37.0
Total Cash 267,324,992
Total Cash Per Share 4.31
Total Debt 432,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.87
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 16.868376
Two Hundred Day Average Change 8.481625
Two Hundred Day Average Change Percent 0.50281215
Type Disp Equity
Volume 194,249
Website https://www.ghres.com
Zip D02 RY95