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Tyra Biosciences, Inc. (TYRA)

Healthcare | Biotechnology | Carlsbad, United States | NasdaqGS
26.99 USD +1.42 (5.553%) ⇧ (June 12, 2026, 4 p.m. EDT)
After hours: 26.99

Short-term:★☆☆☆☆Long-term:★★☆☆☆Dividends:☆☆☆☆☆
Hot Take | June 7, 2026, 4:47 a.m. EDT

The investment case for Tyra Biosciences is currently fractured by a stark disconnect between optimistic analyst targets and deteriorating operational reality. While the balance sheet appears pristine with negligible debt and massive liquidity, the company is burning significant cash, resulting in negative free cash flow and double-digit losses on both assets and equity. The stock has already punished investors with a sharp decline in the trailing twelve months, erasing nearly half its value despite a positive cumulative gain over the last three years. Crucially, there is no dividend to provide a floor, and the recent price action shows a clear downward trend, breaking below key moving averages. Although the forward P/E is technically negative due to losses, the lack of profitability and the heavy put positioning by traders suggest the market is pricing in further struggles before any catalyst can drive a recovery. The 'strong buy' analyst consensus seems to rely on a future drug approval that has not yet materialized, creating a dangerous gap between narrative and current performance.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.059275
AutoARIMA0.062195
AutoETS0.062205
AutoTheta0.066085
MSTL_1190.076357
MSTL_790.114927
MSTL_79_1190.125102

Forecast horizon: 60 days | Selected: MSTL

Forecast Reliability
Score 22%
H-stat 9.24
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 2.66
Attribute Value
Sector Healthcare
Debt to Equity Ratio 1.47
Market Cap 1,605,105,536
Forward P/E -9.55
Beta 0.75
Website https://tyra.bio

As of June 7, 2026, 4:47 a.m. EDT: Speculators are heavily positioned for downside protection, with massive open interest in June and July puts concentrated at the $30 strike, while call activity remains sparse and skewed toward distant out-of-the-money strikes. This asymmetry suggests a market expectation of continued volatility or a drop below current levels rather than an imminent rally.


Info Dump

Attribute Value
52 Week Change 1.6409001
Address1 2,656 State Street
All Time High 40.65
All Time Low 4.93
Ask 32.71
Ask Size 2
Audit Risk 5
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 1,095,850
Average Daily Volume3 Month 959,160
Average Volume 959,160
Average Volume10Days 1,095,850
Beta 0.754
Bid 19.44
Bid Size 2
Board Risk 7
Book Value 4.826
City Carlsbad
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 26.99
Current Ratio 20.493
Custom Price Alert Confidence HIGH
Date Short Interest 1,780,012,800
Day High 27.58
Day Low 25.0076
Debt To Equity 1.47
Earnings Timestamp 1,778,675,400
Earnings Timestamp End 1,786,624,200
Earnings Timestamp Start 1,786,624,200
Ebitda -142,368,992
Ebitda Margins 0.0
Enterprise To Ebitda -8.621
Enterprise Value 1,227,336,576
Eps Current Year -2.5715
Eps Forward -2.82564
Eps Trailing Twelve Months -2.18
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 33.6251
Fifty Day Average Change -6.6350994
Fifty Day Average Change Percent -0.1973258
Fifty Two Week Change Percent 164.09001
Fifty Two Week High 40.65
Fifty Two Week High Change -13.660002
Fifty Two Week High Change Percent -0.3360394
Fifty Two Week Low 8.98
Fifty Two Week Low Change 18.01
Fifty Two Week Low Change Percent 2.005568
Fifty Two Week Range 8.98 - 40.65
Financial Currency USD
First Trade Date Milliseconds 1,631,712,600,000
Float Shares 30,882,969
Forward Eps -2.82564
Forward P E -9.551819
Free Cashflow -60,137,752
Full Exchange Name NasdaqGS
Full Time Employees 87
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,780,531,200
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.0286
Held Percent Institutions 1.11516
Implied Shares Outstanding 59,470,381
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,021-09-15
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Tyra Biosciences, Inc., a clinical-stage biotechnology company, develops precision medicines for fibroblast growth factor receptor (FGFR) biology in the United States. The company offers SNÅP, a precision medicine platform that enables drug design through iterative molecular snapshots to predict genetic alterations for developing therapies targeting oncology and genetically defined conditions. Its lead product candidate is FGFR3, which is in clinical trials for the treatment of patients with metastatic urothelial carcinoma and other solid tumors. The company is also developing TYRA-300 for skeletal conditions, including achondroplasia, hypochondroplasia, dysplasia, and other FGFR3-driven genetic syndromes; TYRA-200, a candidate in clinical trial for intrahepatic cholangiocarcinoma; and TYRA-430 for the treatment of hepatocellular carcinoma. Tyra Biosciences, Inc. was incorporated in 2018 and is headquartered in Carlsbad, California.
Long Name Tyra Biosciences, Inc.
Market us_market
Market Cap 1,605,105,536
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_650787124
Most Recent Quarter 1,774,915,200
Net Income To Common -131,105,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,605,105,583
Number Of Analyst Opinions 11
Open 25.64
Operating Cashflow -102,255,000
Operating Margins 0.0
Overall Risk 8
Payout Ratio 0.0
Phone 619 728 4760
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 26.99
Post Market Time 1,781,295,005
Previous Close 25.57
Price Eps Current Year -10.495819
Price Hint 2
Price To Book 5.592623
Profit Margins 0.0
Quick Ratio 20.054
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.28571
Region US
Regular Market Change 1.42
Regular Market Change Percent 5.55338
Regular Market Day High 27.58
Regular Market Day Low 25.0076
Regular Market Day Range 25.0076 - 27.58
Regular Market Open 25.64
Regular Market Previous Close 25.57
Regular Market Price 26.99
Regular Market Time 1,781,294,400
Regular Market Volume 1,012,919
Return On Assets -0.23643999
Return On Equity -0.36873
Sand P52 Week Change 0.23177934
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 59,470,381
Shares Percent Shares Out 0.15609999
Shares Short 9,281,430
Shares Short Previous Month Date 1,777,507,200
Shares Short Prior Month 7,708,671
Short Name Tyra Biosciences, Inc.
Short Percent Of Float 0.2885
Short Ratio 12.54
Source Interval 15
State CA
Symbol TYRA
Target High Price 59.62
Target Low Price 42.0
Target Mean Price 51.60182
Target Median Price 53.0
Total Cash 383,465,984
Total Cash Per Share 6.448
Total Debt 5,697,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.18
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 25.85685
Two Hundred Day Average Change 1.1331501
Two Hundred Day Average Change Percent 0.04382398
Type Disp Equity
Volume 1,012,919
Website https://tyra.bio
Zip 92,008