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GH Research PLC(GHRS)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
3-STAR RATING
PASS
LAST CLOSE
$18.61
11/06/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for GHRS

11/06/2026: GHRS (3-star) is currently NOT-A-BUY. Pass it for now.

GH Research PLC is a clinical-stage biotechnology company focused on developing proprietary 5-MeO-DMT therapies for treatment-resistant depression and other neurological conditions. The company’s core strength lies in its specialized research program and promising preliminary clinical data regarding its lead candidate, GH001. Its primary growth opportunity centers on successfully navigating the clinical trial and regulatory process to reach commercialization in a massive mental health market. Investors must weigh this potential against high execution, regulatory, and competitive risks, as the firm is currently pre-revenue and depends on external funding. GH Research is suited for speculative growth investors who closely monitor clinical data and regulatory developments.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitGH Research offers high-growth potential if clinical trials succeed, though it remains a speculative, high-risk bet.
Momentum investorWeak fitThis stock is generally driven by news cycles rather than sustained price trends; it is a weak fit unless a major positive catalyst occurs.
Value investorWeak fitAs a pre-revenue company with significant cash burn, it lacks the earnings or assets required for a value-based investment thesis.
Dividend investorWeak fitThe company does not pay dividends and is not suitable for income-focused portfolios.
Low-risk investorWeak fitHigh clinical and regulatory uncertainty makes this unsuitable for low-risk, conservative investors.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighClinical-stage biotech stocks often experience extreme swings based on trial data and regulatory news.
Valuation riskHighValuation is highly subjective as it is based entirely on the probability of future clinical and commercial success.
Competition risk (psychedelic therapeutics)Medium / highMultiple companies are racing to bring similar or superior neurological treatments to market.
Business qualityMediumThe company's viability is entirely tied to the success of its intellectual property and clinical development program.
Dividend incomeLow / noneThere is no potential for dividend income in the foreseeable future.
Execution riskHighFailure to meet clinical endpoints or secure regulatory approval would severely threaten the company's future.

Price Behavior

Rolling Over
PRICE PATH

Rolling Over

The price momentum is slowing down and beginning to turn downward.

Choppy
PRICE STABILITY

Choppy

The stock has experienced frequent reversals and pronounced short-term price swings.

Analysis of Past Performance

Type Stock
Historic Profit 108.18%
Avg. Invested days 36
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/06/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
GHRS receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by weak unit economics, soft quantitative characteristics, and weak price momentum.

Company Fundamentals

★★★★★
GHRS has moderate overall fundamentals (3 stars), with moderate financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, growth and ownership metrics are mixed: negative earnings growth (-23.9%), soft cash generation (FCF margin 0.0%), slightly negative revenue growth (+0.0%).

Financial Health Rating

★★★★★
GHRS's financial health is supported by strong efficiency, including operating-expense and cost-of-revenue discipline (opex 0.0% of revenue). Profitability is weak (1 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
GHRS's growth profile is soft, with the least-weak measure being revenue growth at +0.0% FY2025 versus FY2024. By comparison, while earnings growth (-23.9%, negative) and free-cash-flow growth (-3.2%, slightly negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 71.8% and approximately 47.2% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 24.46% supports management-shareholder alignment.

Top 5 Institutional Investors

Lynx1 Capital Management, LP 19.32%
Bvf Inc 12.60%
RA Capital Management, LLC 11.13%
FMR Inc 8.71%
RTW INVESTMENTS, LLC 8.64%

Unit Economics (Per $1K Revenue)

★★★★★
GHRS generates approximately $-0 of gross profit, $-0 of operating income, and $-0 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Weak margins explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 0.00%

Quantitative Style Profile

★★★★★
GHRS has a High Volatility Profile profile. Weak momentum is the primary drawback, while elevated volatility.

Style Classification

Quality Focused

High VolatilitySmall / Mid Cap RiskShort Squeeze Risk

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.28B USD
Price to earnings Ratio -
1Y Target Price 42.89
Price to earnings Ratio -
1Y Target Price 42.89
Volume (30-day avg) 371.7K shares
Beta 1.32
52 Weeks Range 12.04 - 31.44
Updated Date 11/08/2026
52 Weeks Range 12.04 - 31.44
Updated Date 11/08/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.99

How Company Makes Money

Business areaWhat it includesRetail investor read
Drug Development (Pre-Revenue)Clinical stage research and development of 5-MeO-DMT based therapies.The company is currently spending money to invent new drugs and does not sell any products yet.

Valuation

Trailing PE -
Forward PE -
Enterprise Value 911.71M
Price to Sales(TTM) -
Enterprise Value 911.71M
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -11.97
Shares Outstanding 68.64M
Shares Floating 32.37M
Shares Outstanding 68.64M
Shares Floating 32.37M
Percent Insiders 24.46
Percent Institutions 71.78

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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