Lyra Therapeutics (LYRA) Stock Forecast & Price Target

$0.37
+0.01 (+2.59%)
(As of 05:26 PM ET)

Lyra Therapeutics Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 6 Analyst Ratings

Analysts' Consensus Price Target

$7.13
1,815.32% Upside
High Forecast$15.00
Average Forecast$7.13
Low Forecast$0.50
TypeCurrent Forecast
5/15/23 to 5/14/24
1 Month Ago
4/15/23 to 4/14/24
3 Months Ago
2/14/23 to 2/14/24
1 Year Ago
5/15/22 to 5/15/23
Consensus Rating
Hold
Buy
Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
2 Buy rating(s)
Hold
4 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$7.13$12.67$14.00$17.50
Predicted Upside1,815.32% Upside135.73% Upside243.14% Upside299.09% Upside
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LYRA Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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LYRA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Lyra Therapeutics Stock vs. The Competition

TypeLyra TherapeuticsMedical CompaniesS&P 500
Consensus Rating Score
2.00
2.69
2.49
Consensus RatingHoldModerate BuyHold
Predicted Upside1,836.67% Upside934.65% Upside8.66% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/7/2024HC Wainwright
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M. Caufield
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DowngradeBuy ➝ Neutral$12.00 ➝ $2.00+283.50%
5/7/2024Jefferies Financial Group
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 DowngradeBuy ➝ Hold$10.00 ➝ $0.50-4.12%
5/7/2024Bank of America
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 DowngradeBuy ➝ Underperform
5/6/2024BTIG Research
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 Reiterated RatingBuy ➝ Neutral
5/6/2024William Blair
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T. Lugo
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DowngradeOutperform ➝ Market Perform
1/12/2024Cantor Fitzgerald
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L. Chen
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Reiterated RatingOverweight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 05:48 PM ET.

LYRA Price Target - Frequently Asked Questions

What is Lyra Therapeutics's consensus rating and price target?

According to the issued ratings of 6 analysts in the last year, the consensus rating for Lyra Therapeutics stock is Hold based on the current 1 sell rating, 4 hold ratings and 1 buy rating for LYRA. The average twelve-month price prediction for Lyra Therapeutics is $7.13 with a high price target of $15.00 and a low price target of $0.50. Learn more on LYRA's analyst rating history.

Do Wall Street analysts like Lyra Therapeutics more than its competitors?

Analysts like Lyra Therapeutics less than other Medical companies. The consensus rating for Lyra Therapeutics is Hold while the average consensus rating for medical companies is Moderate Buy. Learn more on how LYRA compares to other companies.

Is Lyra Therapeutics being downgraded by Wall Street analysts?

Over the previous 90 days, Lyra Therapeutics's stock had 4 downgrades by analysts.

Does Lyra Therapeutics's stock price have much upside?

According to analysts, Lyra Therapeutics's stock has a predicted upside of 252.26% based on their 12-month stock forecasts.

What analysts cover Lyra Therapeutics?

Lyra Therapeutics has been rated by Bank of America, BTIG Research, HC Wainwright, Jefferies Financial Group, and William Blair in the past 90 days.


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This page (NASDAQ:LYRA) was last updated on 5/14/2024 by MarketBeat.com Staff

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