Tenaya Therapeutics Stock Target Price and Analyst Consensus

TNYA Stock  USD 3.57  0.28  8.51%   
The current analyst and expert consensus on Tenaya Therapeutics is Strong Buy, with 6 strong buy opinions. The current projected Tenaya Therapeutics target price consensus is 21.33 with 9 analyst opinions. Check out Macroaxis Advice on Tenaya Therapeutics to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Tenaya Stock refer to our How to Trade Tenaya Stock guide.
The most common way Tenaya Therapeutics analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Tenaya Therapeutics executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Tenaya Therapeutics. We strongly encourage you to use your own analysis of Tenaya Therapeutics to validate this buy or sell advice. Tenaya Therapeutics buy-or-sell recommendation module provides average expert sentiment on the projected Tenaya Therapeutics target price to derive its highest and lowest estimates based on projected price volatility of 7.5968.
Lowest Forecast
19.41
Highest Forecast
23.68
Target Price
21.33
The current year's Gross Profit is expected to grow to about (8.3 M). At present, Tenaya Therapeutics' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 293.9 M, whereas Other Current Liabilities is forecasted to decline to about 6.5 M.
  
It's important to approach Tenaya Therapeutics' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Tenaya Therapeutics price targets

Tenaya Therapeutics' stock target price is an estimate of its future price, usually made by analysts. Using Tenaya Therapeutics' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Tenaya Therapeutics' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Tenaya Therapeutics' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Tenaya Therapeutics Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Tenaya Therapeutics is a key component of Tenaya Therapeutics valuation and have some predictive power on the future returns of a Tenaya Therapeutics.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tenaya Therapeutics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.183.5211.12
Details
Intrinsic
Valuation
LowRealHigh
0.167.7615.36
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.35-0.33-0.28
Details

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When determining whether Tenaya Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenaya Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tenaya Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenaya Therapeutics Stock:
Check out Macroaxis Advice on Tenaya Therapeutics to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Tenaya Stock refer to our How to Trade Tenaya Stock guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Please note, the presentation of Tenaya Therapeutics' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Tenaya Therapeutics' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Tenaya Therapeutics' management manipulating its earnings.