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Stock impact report

Analysts' Revenue Estimates For Taysha Gene Therapies, Inc. (NASDAQ:TSHA) Are Surging Higher [Yahoo! Finance]

Taysha Gene Therapies, Inc. (TSHA) 
Company Research Source: Yahoo! Finance
The analysts have sharply increased their revenue numbers, with a view that Taysha Gene Therapies will make substantially more sales than they'd previously expected. After the upgrade, the consensus from Taysha Gene Therapies' ten analysts is for revenues of US$9.2m in 2024, which would reflect a sizeable 40% decline in sales compared to the last year of performance. Prior to the latest estimates, the analysts were forecasting revenues of US$7.5m in 2024. It looks like there's been a clear increase in optimism around Taysha Gene Therapies, given the chunky increase in revenue forecasts. View our latest analysis for Taysha Gene Therapies Of course, another way to look at these forecasts is to place them into context against the industry itself. These estimates imply that sales are expected to slow, with a forecast annualised revenue decline of 40% by the end of 2024. This indicates a significant reduction from annual growth of 134% over the last three years. By contrast, our data Show less Read more
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