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THRD
Upturn stock ratingUpturn stock rating

Third Harmonic Bio Inc. (THRD)

Upturn stock ratingUpturn stock rating
$5.38
Last Close (24-hour delay)
Profit since last BUY4.26%
upturn advisory
WEAK BUY
BUY since 81 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

08/13/2025: THRD (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

4 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $3

1 Year Target Price $3

Analysts Price Target For last 52 week
$3 Target price
52w Low $3.18
Current$5.38
52w High $16.02

Analysis of Past Performance

Type Stock
Historic Profit 25.39%
Avg. Invested days 43
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/13/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 242.79M USD
Price to earnings Ratio -
1Y Target Price 3
Price to earnings Ratio -
1Y Target Price 3
Volume (30-day avg) 4
Beta 2.13
52 Weeks Range 3.18 - 16.02
Updated Date 08/15/2025
52 Weeks Range 3.18 - 16.02
Updated Date 08/15/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.24

Earnings Date

Report Date 2025-08-07
When -
Estimate -0.23
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -14.6%
Return on Equity (TTM) -19.94%

Valuation

Trailing PE -
Forward PE -
Enterprise Value -25821453
Price to Sales(TTM) -
Enterprise Value -25821453
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -2.09
Shares Outstanding 45127800
Shares Floating 15603387
Shares Outstanding 45127800
Shares Floating 15603387
Percent Insiders 9.11
Percent Institutions 80.12

ai summary icon Upturn AI SWOT

Third Harmonic Bio Inc.

stock logo

Company Overview

overview logo History and Background

Third Harmonic Bio, Inc. was founded in 2019. It is a clinical-stage biopharmaceutical company focused on developing and commercializing a highly selective oral therapy, donazolide (TJM2), for the treatment of chronic inducible urticaria (CIU) and other mast cell-mediated diseases.

business area logo Core Business Areas

  • Pharmaceutical Development: Developing and commercializing donazolide (TJM2), a selective oral therapy targeting KIT receptors.
  • Research and Development: Conducting research to identify and develop therapies for mast cell-mediated diseases.

leadership logo Leadership and Structure

The leadership team includes key executives in research, development, and business operations. The company has a standard organizational structure for a biopharmaceutical company.

Top Products and Market Share

overview logo Key Offerings

  • Donazolide (TJM2): Donazolide is Third Harmonic Bio's lead product candidate, an oral KIT inhibitor being developed for CIU. The company has not yet generated revenue from this product. Competitors include Xolair (Novartis/Genentech), Nucala (GSK), and other antihistamines.

Market Dynamics

industry overview logo Industry Overview

The biopharmaceutical industry is competitive and heavily regulated. It requires significant investment in R&D and faces risks related to clinical trial outcomes and regulatory approvals.

Positioning

Third Harmonic Bio aims to differentiate itself with its oral KIT inhibitor, targeting specific mast cell-mediated diseases. Its competitive advantage lies in potential efficacy and safety profile of Donazolide (TJM2).

Total Addressable Market (TAM)

The global chronic urticaria market is estimated to be worth billions of dollars annually. Third Harmonic Bio is positioned to capture a share of this market with its lead product donazolide (TJM2), if approved.

Upturn SWOT Analysis

Strengths

  • Novel oral therapy (Donazolide)
  • Targeting specific mast cell-mediated diseases
  • Experienced management team

Weaknesses

  • Limited financial resources
  • Dependence on single product candidate
  • Lack of commercial infrastructure

Opportunities

  • Positive clinical trial results
  • Partnerships with larger pharmaceutical companies
  • Expansion into other mast cell-mediated diseases

Threats

  • Clinical trial failures
  • Regulatory hurdles
  • Competition from existing therapies

Competitors and Market Share

competitor logo Key Competitors

  • NVS
  • SNY
  • GSK
  • LLY

Competitive Landscape

Third Harmonic Bio faces competition from established pharmaceutical companies with marketed products for urticaria. The advantage lies in the potential efficacy and safety profile of an oral KIT inhibitor.

Growth Trajectory and Initiatives

Historical Growth: Since it is a recently-formed company, historical growth is based on raising capital and advancing donazolide (TJM2) through clinical trials.

Future Projections: Future growth depends on successful clinical trial outcomes, regulatory approvals, and commercialization of donazolide (TJM2).

Recent Initiatives: Recent initiatives include advancing donazolide (TJM2) into Phase 2 clinical trials.

Summary

Third Harmonic Bio is a clinical-stage biopharmaceutical company with its lead product donazolide (TJM2) in development for CIU. Its success depends on positive clinical trial results and regulatory approval. The company faces competition from established pharmaceutical companies and needs to effectively manage its financial resources. Successful commercialization of donazolide (TJM2) would be a major step, though risks in the drug development process remain.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company website
  • SEC filings
  • Analyst reports
  • Industry publications

Disclaimers:

The information provided is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor. Market share information is based on estimates and may vary.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Third Harmonic Bio Inc.

Exchange NASDAQ
Headquaters San Francisco, CA, United States
IPO Launch date 2022-09-14
CEO & Director Ms. Natalie C. Holles
Sector Healthcare
Industry Biotechnology
Full time employees 31
Full time employees 31

Third Harmonic Bio, Inc., a biopharmaceutical company, focuses on the development of the medicine for the treatment of dermal, respiratory, and gastrointestinal inflammatory diseases. The company develops oral small-molecule inhibitors of KIT, a cell surface receptor that serves as the master regulator of mast cell function and survival. It also develops THB335, an oral small molecule KIT inhibitor for the treatment of mast cell-mediated inflammatory diseases, respiratory, and gastrointestinal conditions. It has a license agreement with Novartis Pharma AG. The company was formerly known as Project IGE, Inc. and changed its name to Third Harmonic Bio, Inc. in June 2019. Third Harmonic Bio, Inc. was incorporated in 2019 and is headquartered in San Francisco, California.