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Terns Pharmaceuticals, Inc.

35 indications, side-by-side phase, drug & LoA

$52.95

-0.02 (-0.04%)

C 40Pipeline Score Richly Valued Biotech · Clinical
Market Cap
6.12 B
EPS
-1.03
P/E Ratio
-
Value Trade
336.12 M
SEC Financials
Q3 2025

  • Dilution Risk

    5%

  • R&D Expenses

    19.92 M

  • Total Assets

    301.65 M

  • Total Liabilities

    17.59 M

  • Equity

    284.07 M

  • D/E Ratio

    12,345

0.11 %
Week
0.36 %
1 Month
43.11 %
3 Month
208.66 %
6 Month
164.75 %
5 Year
212.39 %
All Time
Cash Data
Healthy

  • Cash Position

    295.63 M

  • Monthly Burn

    9.24 M

  • Runway

    27.8 mo

  • Burn Trend

    Stable

  • SEC Filing

    Nov 10, 2025
Overview
Volume
6.35 M
52 Week Range
2.66 - 53.19
% held by Insiders
8.73 %
% held by Institutions
100.41 %
Enterprise Value
5.10 B
Total Shares
115.57 M
Short %
4.92 %
Float Shares
112.45 M
Company Description
HQ: 1065 EAST HILLSDALE BLVD., SUI...
Employees:59
https://www.ternspharma.com

locked

Upcoming Catalyst
Catalyst Drug/Treatment Stage Probability of Approval Description Drug Type Therapeutic Area Source
PDUFA 2026
Example Drug Treatment for example condition requiring FDA review
Phase 3
-%
Small Molecule
Oncology
Example Drug Treatment for example condition requiring FDA review
Phase 3
-%
Small Molecule
Oncology
Example Drug Treatment for example condition requiring FDA review
Phase 3
-%
Small Molecule
Oncology
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Drug Pipeline Intelligence
C40
Pipeline Score
$818M
Pipeline Value
Richly Valued
Valuation Signal
5
Drugs Scored
0.1x
rNPV / MCap
Top 52%
Small Cap
(rank 435 of 905)
Percentile Rank
Terns Pharmaceuticals, Inc. carries a moderate pipeline score (40/100), with $1.3B risk-adjusted pipeline value, led by TERN-601 in Overweight or Obesity (Phase 2).
Showing 1 of 1 assets
DrugIndicationPhaseNCT IDPTRSrNPVStatusEnrollmentVelocityDesignCompletionML SignalLast Change
TERN-601
Small molecule		Overweight or ObesityPhase 2NCT0685495223% $725M COMPLETED 167 - -Sep 1, 2025 -Nov 5, 2025
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Clinical Trial Results
Drug Name Indications Phase Date Trial Results Summary Title Source
TERN-701
chronic myeloid leukemia
Phase 1
2025-11-04
TERN-701
chronic myeloid leukemia
Phase 1
2025-11-04
TERN-701
chronic myeloid leukemia
Phase 1
2025-11-04
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Inside Trades
TREND
CORPORATE INSIDERS BOUGHT SHARES WORTH 1.8M IN THE LAST 3 MONTHS
YEARLY INSIDER TRANSACTIONS
Sector Avg.
INSIDERS
SOLDINSIDERS
BOUGHT
POSITIVE SENTIMENT Based on 22 Insiders Transactions
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Show Data
Hedge Funds
TREND
HEDGE FUNDS INCREASED HOLDINGS BY 200.0K SHARES IN THE LAST QUARTER
Shares Held
2040.00B1530.00B1020.00B510.00B0
Q3
2024
Q4
2024
Q1
2025
Q2
2025
HEDGE FUNDS
SOLDHEDGE FUNDS
BOUGHT
POSITIVE SENTIMENT Based on 27 hedge funds in the last quarter
18 buying (3 new)·9 selling (1 exited)·2 unchanged
Fund Count
60%
Share Volume
25%
Conviction
15%
Hedge Funds invested in TERN
HedgeFund Name
( 3 )
% of Portfolio Current MV
-
Shares Owned
-
Activity
Avg Price $0

Example Capital Management

2.5 %
15.00 M
250.00 K

Example Capital Management

2.5 %
15.00 M
250.00 K

Example Capital Management

2.5 %
15.00 M
250.00 K
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Biotech Analyst Ratings
Symbol
Firm
Rating
Action
Price Target
Upside
date
TERN
Example Securities
Buy
Initiated
$150.00
+25%
2026-01-15
TERN
Example Securities
Buy
Initiated
$150.00
+25%
2026-01-15
TERN
Example Securities
Buy
Initiated
$150.00
+25%
2026-01-15
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TERN Stock Forecast & Analyst Consensus
BUY
Analyst Ratings
Buy65.0%
Hold25.0%
Sell10.0%
Price Target Trend
Average$24.00
Low$18.00
High$32.00
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TERN Institutional Ownership Trends
Current Insider %
5.20%
—+0.00%
Current Institutional %
62.40%
—+0.00%
Total Ownership
67.60%
Insider + Institutional
Data Points
1
1 Ticker(s)
Option Chain Statistics
ExpirationVolumeOpen InterestImplied Volatility CallsImplied Volatility Puts
CallsPutsPut-Call RatioCallsPutsPut-Call RatioIVOiWaIvVWaIvIVOiWaIvVWaIv
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Option Chain
CallsStrikePuts
Last PriceVolumeOpen InterestLast PriceVolumeOpen Interest
No data available
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Open interest
0 600K 1.2M 1.8M Avg OI 1.00 M Open Interest
0 1 2 3 1.1 Put-Call Ratio
Today's Open Interest
1.00 M
Put-Call Ratio
1.1
Put Open Interest
480.00 K
Call Open Interest
520.00 K
Open Interest Avg (30-day)
900,000
Today vs Open Interest Avg (30-day)
11.11%
Option Volume
0 450K 900K 1.4M Avg OV 750.00 K Option Volume
0 1 2 3 0.95 Put-Call Ratio
Today's Volume
750.00 K
Put-Call Ratio
0.95
Put Volume
360.00 K
Call Volume
390.00 K
Volume Avg (30-day)
800,000
Today vs Volume Avg (30-day)
-6.25%
Latest Terns Pharmaceuticals, Inc. (TERN) News & Alerts
-
Saturday, June 13, 2026
(%)
+ More

Demo Biotech Announces Positive Phase 3 Results

Competitive Position
How TERN ranks across every disease it competes in
Indication Rank Phase Best DrugTop 3 Competitors Market $B LoA Position
Leukemia #33 of 64 N/A TERN-701
AMGN LLY AZN
$4.28B 0.97 FOLLOWER