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Stock impact report

News Flash: Analysts Just Made A Notable Upgrade To Their Taysha Gene Therapies, Inc. (NASDAQ:TSHA) Forecasts [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. Taysha Gene Therapies has also found favour with investors, with the stock up a magnificent 41% to US$3.25 over the past week. It will be interesting to see if today's upgrade is enough to propel the stock even higher. Following the latest upgrade, the ten analysts covering Taysha Gene Therapies provided consensus estimates of US$6.8m revenue in 2024, which would reflect a painful 56% decline on its sales over the past 12 months. Losses are predicted to fall substantially, shrinking 33% to US$0.40 per share. Yet before this consensus update, the analysts had been forecasting revenues of US$5.4m and losses of US$0.44 per share in 2024. So there's been quite a change-up of views after the recent consensus updates, with the analysts making a sizeable increase to their revenue forecasts while also reducing the estimated los Show less Read more
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