Tyra Biosciences, Inc. (TYRA)
NASDAQHealth CareBiotechnologySnapshot 2026-10-29
NASDAQHealth CareBiotechnologySnapshot 2026-10-29
Research Workspace
Put TYRA beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Biotechnology is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisThis stock is highly volatile — it swings about 2% on a typical day and fell roughly 53% in its worst 12-month stretch.
View RiskTYRA's case rests on advancing dabogratinib's 3x3 clinical strategy. The Phase 2 trial reported a 57% complete response rate. Q2 FY2026 reported GAAP earnings per share of negative 0.69. Revenue growth and the latest earnings result are not available. TYRA's price is roughly in line with our forecast growth. No clean valuation multiple is available for comparison with peers. Our model puts the next-quarter miss probability near 50%. A $400 million stock offering may threaten runway into late 2028. Peer multiples imply a price about 49% above where it trades. Our read remains intact; this read is provisional.
Trailing returns as of 2026-10-29. TYRA is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 15 analysts currently covering TYRA (as of Oct 2026).
Based on 5 Wall Street analysts offering 12-month price targets for TYRA in the last 4 months.
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Compare TYRA with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| TYRA Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 1 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Biotechnology — fair value, gap to price, and forward P/E.
Compare the value case
Put TYRA next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Advance dabogratinib 3x3 clinical strategy
Positive trial results support advancement of dabogratinib strategy.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-29. EPS is implied from price ÷ P/E. Not investment advice.
Current $21.48
The last 12 months of price, then the range of analyst 12-month targets from today’s $21.48.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.

Threatens: Maintain financial runway into second half of 2028
Dilution may impact financial runway into 2028.

Threatens: Advance dabogratinib 3x3 clinical strategy
Disappointing data impacts advancement of dabogratinib strategy.

Threatens: Report initial clinical data for SURF302 in 2026
Caution on data readouts may delay clinical progress.

SURF-302 skepticism could impact product confidence.