
TG Therapeutics (TGTX) Stock Forecast & Price Target
TG Therapeutics (TGTX) Analyst Ratings
Bulls say
TG Therapeutics Inc. reported a remarkable net product revenue increase of approximately 160% in 4Q24 compared to 4Q23, contributing to a significant annual growth of about 250% for FY24, totaling $310.0 million. The company’s strategic expansion of its field team in 2024 is likely to enhance its market presence, while the introduction of faster infusion times and a potential subcutaneous injection option could significantly capture market share in the IV market. Additionally, promising data from the Phase 3b ENHANCE trial, which demonstrated that rapid infusions of BRIUMVI were well tolerated, may further bolster the company's competitive position and revenue growth in the treatment of relapsing forms of multiple sclerosis.
Bears say
TG Therapeutics has reported a significant increase in selling, general, and administrative (SG&A) expenses in 4Q24, rising to $30.2 million from $24.6 million in 4Q23, which may indicate growing operational inefficiencies. Additionally, research and development (R&D) expenses have surged to $20.7 million from $14.6 million over the same period, suggesting a heavy financial burden from ongoing clinical trials without immediate revenue generation from those assets. Though the company posted GAAP earnings per share of $0.15, slightly outperforming estimates, ongoing high expenses relative to revenue and continued reliance on a single product for revenue generation raise concerns about the company's financial sustainability and long-term growth potential.
This aggregate rating is based on analysts' research of TG Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
TG Therapeutics (TGTX) Analyst Forecast & Price Prediction
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