GH Research/$GHRS
1D1W1MYTD1Y5YMAX
Capital at risk
About GH Research
GH Research PLC is a clinical-stage biopharmaceutical company dedicated to transforming the lives of patients by developing a practice-changing treatment for depression. Its initial focus is on developing novel and proprietary mebufotenin therapies for the treatment of patients with Treatment-Resistant Depression, or TRD. Its portfolio currently includes GH001, a proprietary inhalable mebufotenin product candidate, and GH002, a proprietary intravenous mebufotenin product candidate. The group has only a single segment: Research and Development.
- Ticker
- $GHRS
- Sector
- Health
- Primary listing
- NASDAQ
- Employees
- 73
- Headquarters
- Dublin, Ireland
- Website
- www.ghres.com
GH Research Metrics
BasicAdvanced
$1.6B
-
-$0.99
1.28
-
Price and volume
Market cap
$1.6B
Beta
1.28
52-week high
$31.44
52-week low
$12.04
Average daily volume
206K
Financial strength
Current ratio
28.696
Quick ratio
28.215
Long term debt to equity
0
Total debt to equity
0.001
Interest coverage (TTM)
-256.94%
Profitability
EBITDA (TTM)
-71.329
Management effectiveness
Return on assets (TTM)
-13.02%
Return on equity (TTM)
-18.79%
Valuation
Price to book
4.47
Price to tangible book (TTM)
4.47
Price to free cash flow (TTM)
-28.539
Free cash flow yield (TTM)
-3.50%
Free cash flow per share (TTM)
-0.821
Growth
Earnings per share change (TTM)
34.66%
3-year earnings per share growth (CAGR)
12.84%
What the Analysts think about GH Research
Analyst ratings (Buy, Hold, Sell) for GH Research stock.
Analyst projections of the future price of GH Research stock.
Bulls say / Bears say
GH001 produced a large and rapid effect in the Phase 2b trial: a 15.5-point placebo-adjusted MADRS improvement at Day 8, with 57.5% of treated patients in remission versus none on placebo. The result was published in JAMA Psychiatry, giving the lead programme stronger clinical credibility as it moves towards Phase 3. (JAMA Psychiatry)
The development programme has cleared several practical hurdles before pivotal testing. GH Research says it completed two Phase 1 studies, selected Phase 3 doses, and received FDA feedback that its manufacturing and inhaler-device plans appear Phase 3 ready. (GH Research)
GH Research had $362.7 million in cash, cash equivalents and marketable securities at 30 June 2026, following a $117.5 million equity raise. That balance gives the company a useful funding buffer as it starts the expensive global Phase 3 programme, reducing near-term financing pressure. (GH Research, GH Research)
The encouraging Phase 2b evidence came from only 81 randomised patients, while the longer follow-up was open-label and had 63 completers. A larger Phase 3 trial could therefore produce a less impressive efficacy or durability result than the early data suggest. (JAMA Psychiatry)
GH Research remains pre-revenue and loss-making: Q2 net loss was $15.15 million and the six-month loss was $34.11 million. Rising trial spending means the company may eventually need further equity funding, creating dilution risk even after the recent raise. (Simply Wall St, GH Research)
Psychedelic medicines still face demanding implementation and regulatory questions around patient screening, monitoring, provider training, access and long-term safety. These unresolved requirements could slow GH001’s path to approval or make commercial rollout more complex and costly than the clinical results alone imply. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 24 Sept 2026.
GH Research Financial Performance
Revenues and expenses
GH Research Earnings Performance
Company profitability
Upcoming events
No upcoming events
GH Research News
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Funds containing GH Research
AllUSDGBP
Fund name | Fund size | $GHRS weighting |
|---|---|---|
iShares Nasdaq US Biotechnology$BTEC | $1.2B | 0.11% |
iShares Nasdaq US Biotechnology£BTEK | £865M | 0.11% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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