Terns Pharmaceuticals Inc., a Nasdaq-listed biopharmaceutical company, has been making strides in the healthcare sector with its focus on developing molecularly-targeted and oral molecule drugs aimed at treating liver disease and cancer. Based in Foster City, United States, Terns Pharmaceuticals serves a global customer base, leveraging its innovative approach to address critical health challenges.

As of January 19, 2026, Terns Pharmaceuticals has not released any new disclosures. The company’s most recent public statement was made on January 13, 2026, referencing a transcript from the JPMorgan Healthcare Conference. This indicates a period of strategic silence, possibly as the company consolidates its research and development efforts or prepares for future announcements.

The stock performance of Terns Pharmaceuticals has been notably volatile over the past year. On January 13, 2026, the stock closed at $36.60. This figure is part of a broader range observed over the preceding 52 weeks, where the stock price fluctuated between a low of $1.87 on April 6, 2025, and a high of $48.26 on December 9, 2025. Such volatility underscores the speculative nature of the biopharmaceutical sector, where investor sentiment can be heavily influenced by clinical trial outcomes, regulatory news, and strategic partnerships.

Financially, Terns Pharmaceuticals presents a challenging picture. The company’s price-to-earnings (P/E) ratio stands at -36.04, reflecting negative earnings. This metric highlights the company’s current lack of profitability, a common scenario for biopharmaceutical firms heavily invested in research and development. Despite this, the price-to-book (P/B) ratio is 13.5851, suggesting that investors are valuing the company at approximately thirteen and a half times its book value. This premium indicates a strong market belief in the company’s future potential, despite its current financial performance.

With a market capitalization of $3.98 billion, Terns Pharmaceuticals is a significant player in the healthcare sector. The company’s focus on liver disease and cancer positions it at the forefront of addressing some of the most pressing medical challenges of our time. As it continues to navigate the complexities of drug development and market dynamics, Terns Pharmaceuticals remains a company to watch for those interested in the intersection of innovation and healthcare.

For further insights into Terns Pharmaceuticals’ activities and offerings, stakeholders and interested parties are encouraged to visit their official website at www.ternspharma.com . As the company progresses, its strategic decisions and developments will likely continue to attract attention from investors and industry observers alike.