GH Research PLC

GHRS Healthcare Biotechnology

In the quarter to June 2026, EPS fell 53.3%, free cash flow fell 66.6% and total debt fell 97.9%, each against the same quarter a year earlier.

18.16 0.65 −3.46%
Market cap
$1.3B
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 23.48%

Capital & Financial Ratios $m

Market Cap 1,290.00
Revenue —
Net Income (62.27)
Free Cash Flow (51.84)
Net Debt (362.64)
Current Ratio 28.70 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E —
P/S ratio 0.00
P/B ratio 3.36
Past 5Y EPS Growth —
This Y EPS Growth (51.26%) (below 0%: weak)
Next Y EPS Growth (53.19%) (below 0%: weak)
Next Y revenue growth —
Next 5Y EPS Growth (28.78%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/B against its own 10 years 79.39%
10-year low 10-year high

Dividends

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

Assets vs Liabilities $m

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

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 $m

Year
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

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
Fiscal quarters ending in the months shown.

Free Cash Flow $m

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
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

Ten years at a glance

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — 12.38 8.46 5.05 5.12 7.20

Analyst estimates 2026–2028

Powerpack
High — — — — — 30.43 24.25 14.64 14.99 20.50
People
People Employees — — — — 8 14 32 49 50 73
Revenue/emp, $m — — — — 0.00 0.00 0.00 0.00 0.00 0.00
Income, $m
Income, $m Revenue — — — — — — — — — —
Gross margin, % — — — — — 0.00 0.00 — — —
EBT — — — 0 0 (9) (22) (36) (39) (48)
EBT margin, % — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net income — 0 — 0 0 (9) (22) (36) (39) (48)
Depreciation — — — — — 0 0 0 0 0
Per share, $
Per share, $ Revenue — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Earnings — — — 0.00 (0.02) (0.21) (0.43) (0.68) (0.75) (0.79)
Cash flow — — — 0.00 (0.01) (0.35) (0.50) (0.64) (0.81) (0.71)
Capex — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Free cash flow — — — 0.00 (0.01) (0.35) (0.50) (0.64) (0.81) (0.72)
Book value — — — 0.01 0.20 6.35 4.80 4.21 3.44 4.58
Shares, m — — — 70 28 44 52 52 52 61
Valuation, ×
Valuation, × P/E — — — — — — — — — —
P/S — — — — — — — — — —
P/B — — — — — — — — — —
EV/Sales — — — — — — — — — —
EV/FCF — — — — — — — — — —
Cash, $m
Cash, $m Operating cash flow — — — 0 0 (15) (26) (33) (42) (44)
Capex — — — — — 0 0 0 0 0
Free cash flow — — — 0 0 (15) (26) (33) (42) (44)
Balance, $m
Balance, $m Working capital — — — 0 6 277 164 157 145 278
Total debt — — — — — — — 1 0 0
Net debt — — — 0 (6) (277) (166) (161) (149) (281)
Shareholders’ equity — — — 0 6 277 250 219 179 280
Returns, %
Returns, % ROA — — — (123.02) (13.90) (6.44) (8.41) (14.81) (18.80) (20.26)
ROIC — — — 0.00 0.00 (2,365.29) (22.77) (44.39) (104.83) 0.00
ROE — — — (10.34) (14.70) (6.51) (8.52) (15.18) (19.58) (21.04)
Negative figures in brackets.

All 10 years →

Charts ten years each

GH Research PLC vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
OMER Omeros Corporation $1.4B 9.5× 2.1× +35.46% (above 0%: growing) n/m +118.70% (above 0%: growing) 97.20% 0.26% Compare
INBX Inhibrx Biosciences, Inc. $1.3B — (loss-making) — (loss-making) +992.44% (above 0%: growing) n/m +0.12% (above 0%: growing) 100.00% 0.00% Compare
ORIC Oric Pharmaceuticals, Inc. $1.3B — (loss-making) — — n/m −3.42% (below 0%: shrinking) 0.00% 0.00% Compare
TYRA Tyra Biosciences, Inc. $1.3B — (loss-making) — — n/m −31.34% (below 0%: shrinking) 0.00% 0.00% Compare
GHRS GH Research PLC $1.3B — (loss-making) — — n/m −66.62% (below 0%: shrinking) 0.00% 0.00%
NKTR Nektar Therapeutics $1.3B — (loss-making) — (loss-making) −9.34% (below 0%: shrinking) n/m −65.73% (below 0%: shrinking) 100.00% (417.94%) Compare
DRTS Alpha Tau Medical Ltd. $1.2B — (loss-making) — — n/m −30.42% (below 0%: shrinking) 0.00% 0.00% Compare
SNDX Syndax Pharmaceuticals, Inc. $1.2B — (loss-making) — (loss-making) +91.76% (above 0%: growing) n/m +65.47% (above 0%: growing) 95.59% (54.95%) Compare
TSHA Taysha Gene Therapies, Inc. $1.2B — (loss-making) — (loss-making) +206.77% (above 0%: growing) n/m −100.28% (below 0%: shrinking) 100.00% 0.00% Compare
Median of peers $1.3B — — +91.76% — −16.92% 96.40% 0.00%

All 614 Biotechnology stocks →

GH Research PLC (GHRS) key facts

  • GH Research PLC (GHRS) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • As of October 16, 2026, GHRS traded at $18.16, a market capitalization of $1.3 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

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