GHRS Stock Analysis: GH Research | NASDAQ

Biotechnology | NASDAQ, USA | Market Cap: 1.844m USD | 12M Return: 79.2% | Charts, Fundamentals & Technical Analysis

Mebufotenin, Inhaled Therapy, Depression, Psychiatry
Total Rating 39
Safety 66
Buy Signal 0.51
Biotechnology
Industry Rotation: +30.9
Market Cap: 1.84B
Avg Turnover: 5.28M
Risk 3d forecast
Volatility76.4%
VaR 5th Pctl12.4%
VaR vs Median-1.78%
Reward TTM
Sharpe Ratio1.08
Rel. Str. IBD95.4
Rel. Str. Peer Group71.8
Character TTM
Beta1.595
Beta Downside1.923
Hurst Exponent0.478
Drawdowns 3y
Max DD62.83%
CAGR/Max DD0.47
CAGR/Mean DD0.96
EPS (Earnings per Share) EPS (Earnings per Share) of GHRS over the last years for every Quarter: "2021-06": -0.05, "2021-09": -0.04, "2021-12": -0.09, "2022-03": -0.11, "2022-06": 0.01, "2022-09": -0.01, "2022-12": -0.32, "2023-03": -0.21, "2023-06": -0.15, "2023-09": -0.11, "2023-12": -0.21, "2024-03": -0.15, "2024-06": -0.2, "2024-09": -0.23, "2024-12": -0.17, "2025-03": -0.19, "2025-06": -0.15, "2025-09": -0.23, "2025-12": -0.22, "2026-03": -0.31,
Last SUE: -1.84
Qual. Beats: -1
Revenue Revenue of GHRS over the last years for every Quarter: 2021-06: 0, 2021-09: 0, 2021-12: 0, 2022-03: 0, 2022-06: 0, 2022-09: 0, 2022-12: 0, 2023-03: 0, 2023-06: 0, 2023-09: 0, 2023-12: 0, 2024-03: 0.08, 2024-06: 0, 2024-09: 0, 2024-12: 0, 2025-03: 0, 2025-06: 0, 2025-09: 0, 2025-12: 0, 2026-03: 0,
Last SUE: 0.00
Qual. Beats: 0

Warnings

High Debt While Negative Cash Flow
Interest Coverage Ratio Critical

Tailwinds

Rs Leader
Tailwind
Pullback 52w

Seasonality 5 years of data

Jan +25.0% 28
Feb +1.7% 0
Mar -1.1% 0
Apr +4.2% 0
May +24.1% 59
Jun -0.1% 9
Jul +9.7% 50
Aug -12.3% 29
Sep -15.1% 43
Oct -4.3% 20
Nov +2.0% 20
Dec -12.1% 43

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: GHRS GH Research

GH Research PLC (NASDAQ: GHRS) is a Dublin-based, clinical-stage biopharmaceutical company founded in 2018 that is developing novel therapies for depression and related psychiatric conditions. Its lead candidate, GH001, is an inhalable formulation of mebufotenin (5-MeO-DMT) currently in a Phase 2b trial for treatment-resistant depression, with earlier-stage Phase 2a studies in bipolar II disorder and postpartum depression. A second candidate, GH002, is an intravenous mebufotenin formulation being evaluated in a Phase 1 pharmacology study in healthy volunteers. As a clinical-stage biotech, the company is pre-revenue and focused on advancing its psychedelic-based pipeline through clinical milestones, which are the primary value drivers for investors in this segment of the healthcare sector.

Headlines to Watch Out For
  • GH001 Phase 2b data readout in treatment-resistant depression
  • FDA breakthrough therapy designation decision for GH001
  • Cash runway and capital allocation through key clinical milestones
Piotroski VR-10 (Strict) 0.0
Net Income: error (cannot be calculated; needs Net Income TTM and Revenue TTM)
FCF/TA: -0.17 > 0.02 and ΔFCF/TA -4.01 > 1.0
NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev)
CFO/TA -0.17 > 3% & CFO -46.3m > Net Income -56.4m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 23.04 > 1.5 & < 3
Outstanding Shares: last quarter (62.0m) vs 12m ago 6.90% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 0.0% > 50% (prev 0.0%; Δ 0.0% > 0%)
Interest Coverage Ratio: -159.5 > 6 (EBIT TTM -58.9m / Interest Expense TTM 369k)
Altman Z'' 10.00
A: 0.95 (Total Current Assets 272.2m - Total Current Liabilities 11.8m) / Total Assets 275.3m
B: -0.63 (Retained Earnings -173.2m / Total Assets 275.3m)
C: -0.20 (EBIT TTM -58.9m / Avg Total Assets 297.9m)
D: 22.15 (Book Value of Equity 263.4m / Total Liabilities 11.9m)
Altman-Z'' = 26.09 = AAA
What is the price of GHRS shares?

As of July 08, 2026, the stock is trading at USD 26.89 with a total of 151,141 shares traded. Over the past week, the price has changed by -5.62%, over one month by +33.65%, over three months by +83.17% and over the past year by +79.21%.

Current recommended Stop Loss: 22.40 (which is 16.7% or 2.7 ATR below the current price).

Is GHRS a buy, sell or hold?

GH Research has received a consensus analysts rating of 4.63. Therefore, it is recommended to buy GHRS.

  • StrongBuy: 5
  • Buy: 3
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the GHRS price?
Analysts Target Price 39.5 46.9%
GH Research (GHRS) - Fundamental Data Overview as of 02 July 2026
Market Cap USD = 1.84b (1.84b USD * 1.0 USD.USD)
P/B = 7.0022
Revenue TTM = 0.0 USD
EBIT TTM = -58.9m USD
EBITDA TTM = -58.5m USD
Long Term Debt = 75.0k USD (estimated: total debt 432k - short term 357k)
Short Term Debt = 357k USD (from shortTermDebt, last quarter)
Debt = 432k USD (from shortLongTermDebtTotal, last quarter) (leases 432k already included)
Net Debt = -266.9m USD (calculated: Debt 432k - CCE 267.3m)
Enterprise Value = 1.58b USD (1.84b + Debt 432k - CCE 267.3m)
Interest Coverage Ratio = -159.5 (Ebit TTM -58.9m / Interest Expense TTM 369k)
EV/FCF = -33.91x (Enterprise Value 1.58b / FCF TTM -46.5m)
FCF Yield = -2.95% (FCF TTM -46.5m / Enterprise Value 1.58b)
 FCF Margin = unknown (Revenue TTM is 0 or missing)
 Net Margin = unknown
 Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 350k) / Revenue TTM)
 Tobins Q-Ratio = 5.73 (Enterprise Value 1.58b / Total Assets 275.3m)
 Interest Expense / Debt = 85.42% (Interest Expense 369k / Debt 432k)
 Taxrate = 21.0% (US federal default 21%)
NOPAT = -46.5m (EBIT -58.9m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 23.04 (Total Current Assets 272.2m / Total Current Liabilities 11.8m)
Debt / Equity = 0.00 (Debt 432k / totalStockholderEquity, last quarter 263.4m)
 Debt / EBITDA = 4.56 (negative EBITDA) (Net Debt -266.9m / EBITDA -58.5m)
 Debt / FCF = 5.74 (negative FCF - burning cash) (Net Debt -266.9m / FCF TTM -46.5m)
 Total Stockholder Equity = 284.4m (last 4 quarters mean from totalStockholderEquity)
RoA = -18.94% (Net Income -56.4m / Total Assets 275.3m)
RoE = -19.83% (Net Income TTM -56.4m / Total Stockholder Equity 284.4m)
RoCE = -20.69% (EBIT -58.9m / Capital Employed (Equity 284.4m + L.T.Debt 75.0k))
 RoIC = -17.63% (negative operating profit) (NOPAT -46.5m / Invested Capital 263.8m)
 WACC = 11.59% (E(1.84b)/V(1.84b) * Re(11.59%) + (debt cost/tax rate unavailable))
Discount Rate = 11.59% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 91.89 | Cagr: 8.13%
 [DCF] Fair Price = unknown (Cash Flow -46.5m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.84 | # QB: -1
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: 0.0 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.32 | Chg30d=-10.13% | Revisions=-44% | Analysts=8
EPS next Quarter (2026-09-30): EPS=-0.36 | Chg30d=-6.26% | Revisions=-44% | Analysts=8
EPS current Year (2026-12-31): EPS=-1.40 | Chg30d=-5.91% | Revisions=-50% | GrowthEPS=-77.5% | GrowthRev=+0.0%
EPS next Year (2027-12-31): EPS=-2.00 | Chg30d=-8.88% | Revisions=-50% | GrowthEPS=-42.5% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: -62% (up=4, down=22)