GH Research PLC GHRS

23.84 (0.61) (2.49%) as of 25 Sep
Market cap
$1.7B
P/E
0.0×

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 23.48%

Capital & Financial Ratios

Market Cap 1,680.00
Revenue —
Net Income (62.27)
Free Cash Flow (51.84)
Net Debt (362.64)
Current Ratio 28.70
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 0.00
P/B ratio 4.41
Past 5Y EPS Growth (179.37%)
This Y EPS Growth (51.26%)
Next Y EPS Growth (53.19%)
Next 5Y EPS Growth (28.78%)
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 162 149 281 363
Receivables — — — —
Inventory — — — —
Other 3 5 5 6
164 154 286 369
2023 2024 2025 Q'26
Payables 3 4 4 6
ST’ Debt — — — —
Other 3 5 4 7
7 9 8 13
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 118.11% 3.84%

Revenue

Year
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (11) (15) — — —
’25 (9) (9) (14) (12) (44)
’24 (10) (10) (12) (10) (42)
’23 (7) (8) (10) (8) (33)
’22 (6) (5) (8) (7) (26)
’21 (1) (1) (9) (4) (15)
’20 0 0 0 0 0
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (11) (15) — — —
’25 (9) (9) (14) (12) (44)
’24 (10) (10) (12) (10) (42)
’23 (7) (8) (10) (8) (33)
’22 (6) (5) (8) (7) (26)
’21 (1) (1) (9) (4) (15)
’20 0 0 0 0 0
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.31) (0.23) — — —
’25 (0.19) (0.15) (0.23) (0.23) (0.79)
’24 (0.15) (0.20) (0.23) (0.17) (0.75)
’23 (0.21) (0.15) (0.11) (0.21) (0.68)
’22 (0.11) 0.01 (0.01) (0.32) (0.43)
’21 (0.04) (0.05) (0.04) (0.09) (0.21)
’20 0.00 0.00 0.00 (0.01) (0.02)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — 12.38 8.46 5.05 5.12 7.20

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — 30.43 24.25 14.64 14.99 20.50
High Price
— — — — 8 14 32 49 50 73
Employees
— — — — 0 0 0 0 0 0
Revenue/Emp
— — — — — — — — — —
Revenue
— — — — — 0.00% 0.00% — — —
Gross Margin
— — — 0 0 (9) (22) (36) (39) (48)
EBT
— — — 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBT Margin
— 0 — 0 0 (9) (22) (36) (39) (48)
Net Income
— — — — — 0 0 0 0 0
Depreciation
— — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Revenue/Sh
— — — 0.00 (0.02) (0.21) (0.43) (0.68) (0.75) (0.79)
Earnings/Sh
— — — 0.00 (0.01) (0.35) (0.50) (0.64) (0.81) (0.71)
Cash Flow/Sh
— — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capex/Sh
— — — 0.00 (0.01) (0.35) (0.50) (0.64) (0.81) (0.72)
Free CF/Sh
— — — 0.01 0.20 6.35 4.80 4.21 3.44 4.58
Book Value/Sh
— — — 70 28 44 52 52 52 61
Shares
— — — — — — — — — —
PE Ratio
— — — — — — — — — —
PS Ratio
— — — — — — — — — —
PB Ratio
— — — — — — — — — —
EV/Sales
— — — — — — — — — —
EV/FCF
— — — 0 0 (15) (26) (33) (42) (44)
Op' Cash Flow
— — — — — 0 0 0 0 0
Capex
— — — 0 0 (15) (26) (33) (42) (44)
FCF
— — — 0 6 277 164 157 145 278
Working Cap'
— — — — — — — 1 0 0
Total Debt
— — — 0 (6) (277) (166) (161) (149) (281)
Net Debt
— — — 0 6 277 250 219 179 280
Sh' Equity
— — — (123.02%) (13.90%) (6.44%) (8.41%) (14.81%) (18.80%) (20.26%)
ROA
— — — 0.00% 0.00% (2,365.29%) (22.77%) (44.39%) (104.83%) 0.00%
ROIC
— — — (10.34%) (14.70%) (6.51%) (8.52%) (15.18%) (19.58%) (21.04%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

GH Research PLC (GHRS) key facts

  • GH Research PLC (GHRS) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • GH Research PLC reported a net loss of $48.3 million, or a loss of $0.79 per share, for fiscal 2025.
  • As of September 25, 2026, GHRS traded at $23.84, a market capitalization of $1.7 billion.
  • Return on equity was −21.0% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

GH Research PLC (GHRS) Latest News

News by impact score

Fine-tune

16 Jul

3

GH Research PLC shares advance on investor optimism tied to a potential Eli Lilly acquisition or partnership with Atai Life Sciences. Potential Eli Lilly-Atai deal lifts sentiment toward peer GH Research without altering its own operations or pipeline.

14 Jul

4

GH Research PLC races competitors to commercialize 5-MeO-DMT, the world's most powerful psychedelic, for therapeutic use. Direct focus on GHRS core psychedelic candidate commercialization signals major strategic progress and market positioning shift.

4 Jun

4

GH Research announces publication of Phase 2a postpartum depression results. Publication of Phase 2a results in postpartum depression strengthens pipeline visibility and can materially shift investor sentiment for GHRS.

16 May

4

GH Research reports positive Phase 2b results for its lead candidate and confirms upcoming Phase 3 trial plans, leading to updated valuation analysis for the company. Successful Phase 2b data and Phase 3 advancement plans mark major clinical progress that can significantly shift GH Research's trajectory and investor outlook.

14 May

3

GH Research PLC (GHRS) reported first quarter 2026 financial results and provided a business update. Quarterly financial results and business updates moderately influence financial performance and investor sentiment.

29 Apr

4

GH Research PLC (GHRS) announced the pricing of a $117.5 million underwritten offering of ordinary shares at $11.00 per share, expecting gross proceeds of $117.5 million before expenses, with the offering closing on or about November 7, 2024. Securing $117.5 million in funding via underwritten offering provides major capital for clinical development and operations, significantly enhancing financial runway and market position.

24 Apr

4

FDA fast-tracks review of certain psychedelic drugs, positioning GH Research PLC (GHRS) stock for significant gains. FDA's fast-tracked review of psychedelic drugs accelerates GHRS's regulatory pathway and enhances investor sentiment.

20 Apr

4

Trump pushes for accelerated FDA approvals of psychedelic therapies, sparking a surge in GH Research PLC (GHRS) stock and other psychedelic biotech shares amid optimism for faster market entry. Trump's advocacy for speedy psychedelic approvals directly accelerates GHRS's regulatory pathway and fuels strong positive market sentiment.

4

GH Research PLC welcomes White House Executive Order to accelerate medical treatments for serious mental illness. Executive Order accelerates mental illness treatments, aiding GHRS pipeline advancement and regulatory path.

4

Psychedelic stocks including GH Research PLC (GHRS) surged after President Trump's executive order directing faster development and approval of treatments for serious mental illnesses. Trump's executive order accelerates regulatory pathways for psychedelic therapies, significantly boosting GHRS's development pipeline and market sentiment.

18 Apr

5

President Trump to sign executive order promoting psychedelic treatment for PTSD, highlighting GH Research PLC (GHRS) amid Trump Trade enthusiasm. Presidential executive order on psychedelics for PTSD could fundamentally redefine GHRS's regulatory pathway, funding access, and competitive edge in mental health therapeutics.

25 Mar

4

GH Research published Phase 2b results for Mebufotenin (GH001) in JAMA Psychiatry, demonstrating statistically significant and clinically meaningful symptom reduction in treatment-resistant depression (TRD) with severity-independent efficacy. Positive Phase 2b data published in a top-tier journal like JAMA Psychiatry validates GH001's efficacy across TRD severities, boosting GHRS pipeline prospects and investor confidence ahead of Phase 3.

4

GH Research PLC (GHRS) announced clinical progress updates on its pipeline, including positive developments in Phase 2b trials for 5-MeO-DMT VIVID-1 for treatment-resistant depression and advancements toward Phase 3, reinforcing its psychedelic therapeutics platform. Clinical progress in late-stage trials for a novel depression treatment represents a major strategic milestone that could significantly boost investor sentiment and stock performance.

5 Mar

4

GH Research PLC (GHRS) reported full year 2025 financial results and provided a business update. Full-year financial results and business updates significantly influence stock performance and investor sentiment.

18 Feb

3

RBC Capital highlights GH Research PLC (GHRS)'s long-term sales potential following the Psychedelics Symposium. RBC Capital's positive outlook on GHRS's long-term sales post-symposium offers moderate boost to investor sentiment without fundamental changes.

12 Jan

4

The FDA has lifted the clinical hold on GH001, a key product of GH Research PLC (GHRS), allowing the company to resume its clinical trials. This development is expected to enhance investor confidence and potentially lead to significant advancements in the company's drug pipeline. The removal of the hold marks a pivotal moment for GHRS, as it can now progress towards commercialization and address unmet medical needs in the treatment of certain psychiatric disorders. The lifting of the clinical hold is a significant regulatory milestone that can greatly influence GHRS's future product development and market positioning.

8 Jan

4

GH Research PLC's clinical trials for GH001 have received clearance from the FDA after a clinical hold was lifted, allowing the company to proceed with its research. This development is expected to enhance the company's prospects in the psychedelic therapy market, particularly for treating conditions like depression and anxiety. Investors are optimistic about the potential for GH001 to advance through clinical stages, which could lead to significant market opportunities and financial growth for GH Research. The lifting of the clinical hold is a significant regulatory milestone that could greatly influence the company's future performance and market position.

5 Jan

4

GH Research PLC's stock surged following the FDA's approval for its psychedelic-based drug aimed at treating depression. This regulatory go-ahead is seen as a significant milestone for the company, potentially enhancing its market position and investor confidence in the burgeoning psychedelics sector. FDA approval for a depression drug represents a major regulatory change that could significantly alter the company's trajectory and investor sentiment.

4

GH Research PLC announced that the FDA has lifted the clinical hold on its investigational drug GH001, allowing the company to proceed with a global Phase 3 clinical trial set to begin in 2026. This development is a significant step forward for GH Research as it seeks to advance its treatment options in the field of mental health. The lifting of the clinical hold enables a major strategic move towards a pivotal Phase 3 trial, which could significantly impact the company's future and market performance.

2 Jan

4

GH Research PLC is set to announce the Investigational New Drug (IND) status for its lead product candidate, GH001, which is aimed at treating patients with treatment-resistant depression. This announcement is anticipated to provide insights into the regulatory progress of GH001 and its potential market entry, highlighting the company's commitment to advancing its clinical development pipeline. The announcement of IND status is a significant regulatory milestone that could greatly influence the company's future product development and market positioning.

20 Nov

4

GH Research PLC (GHRS) is highlighted among three biotech stocks that Wall Street analysts predict will more than double in value. The company is recognized for its innovative approaches in the biotech sector, which could lead to significant growth and investor interest. Analysts are optimistic about GHRS's potential based on its current projects and market positioning. Analysts' predictions of substantial growth indicate significant market interest and potential strategic developments for GH Research PLC.

10 Nov

4

Wall Street analysts project that GH Research PLC (GHRS) could see a significant surge of 130.59% in its stock price. This optimistic outlook is based on the company's potential growth and market positioning. Investors are encouraged to consider this analysis before making investment decisions. Analysts' projections indicate a significant potential for stock price appreciation, suggesting major strategic moves or market dynamics at play.

6 Nov

3

GH Research PLC reported its financial results for the third quarter of 2025, highlighting key metrics and business updates. The company continues to focus on its strategic initiatives and product development, aiming to enhance its market position. Financial performance showed trends that may influence future operations and investor sentiment. Financial results and business updates indicate moderate influence on future performance and market positioning.

17 Oct

4

GH Research PLC is positioned to drive business growth due to its strong financial standing and strategic initiatives. The company has sufficient resources to invest in expanding its operations and enhancing product offerings, which could lead to increased market share and improved financial performance. Analysts express confidence in GH Research's ability to navigate market challenges and capitalize on growth opportunities. Strong financial resources and strategic initiatives are likely to significantly impact future performance and market positioning.

9 Oct

4

GH Research PLC announced its participation in the 2025 ECNP Congress, where it will present novel therapies through a symposium and posters. This event highlights the company's commitment to advancing research in mental health treatments, showcasing its innovative approaches and potential contributions to the field. Participation in a major congress with novel therapies presentation is likely to significantly impact future market performance and investor sentiment.

2 Sep

4

GH Research PLC (GHRS) announced a 73% remission rate in its Phase 2b clinical trial for treating depression, indicating significant potential for its treatment approach. The trial results suggest a promising efficacy profile, which could enhance the company's position in the mental health market and attract investor interest. The 73% remission rate in the Phase 2b trial represents a significant advancement in treatment options for depression, likely impacting future market performance and investor sentiment.

7 Aug

3

GH Research PLC reported its financial results for the second quarter of 2025, highlighting key metrics and business updates. The company continues to focus on its development programs and strategic initiatives aimed at enhancing its market position. Financial performance showed trends that may influence future operations and investor sentiment. Financial results and business updates indicate moderate influence on GH Research's future performance and market positioning.

31 Jul

4

Wall Street analysts are speculating on a potential acquisition deal between AbbVie and GH Research PLC, indicating a growing momentum in the psychedelics sector for mergers and acquisitions. This speculation is fueled by increased interest in psychedelic therapies and their potential market value, which could significantly impact companies like GHRS. The anticipated deal could enhance GHRS's market position and attract further investment in the psychedelics space. A potential acquisition by AbbVie could significantly alter GH Research's market position and investor sentiment.

28 Jul

4

GH Research PLC is nearing resolution with the FDA regarding its lead candidate GH001 for treatment-resistant depression, with only one issue remaining related to respiratory tract histology findings in rats. The Phase 2b trial results showed significant efficacy, with 73% of patients remaining in remission for six months. The company plans to submit an IND for its intravenous version, GH002, in Q4 2025 and is preparing for a pivotal Phase 3 program for GH001 in 2026. Progress with the FDA and promising trial results indicate significant potential for GH Research's future market performance.

23 Jul

4

GH Research PLC announced updates on its clinical programs, including a 73% remission rate at 6 months for GH001 in treatment-resistant depression, with no serious adverse events reported. Engagement with the FDA regarding the IND for GH001 is ongoing, with one hold topic remaining related to respiratory tract histology findings in rats. The company plans to submit an IND for GH002 in Q4 2025 and expects to initiate a global pivotal program in 2026. The initiation of a global pivotal program and positive clinical trial results are likely to significantly impact the company's future performance and investor sentiment.

stockrow.com/GHRS · For information only; not investment advice. · © 2026 stockrow.com