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Home โบ Stocks โบ Protagonist Therapeutics Inc. (PTGX) Stock Forecast & Price Prediction United States | NASDAQ | Healthcare | Biotechnology
$44.41
+0.64 (1.46%)10 Quality Stocks Worth Considering Now
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Based on our analysis of 15 Wall Street analysts, PTGX has a bullish consensus with a median price target of $69.00 (ranging from $41.00 to $82.00). The overall analyst rating is Strong Buy (8.8/10). Currently trading at $44.41, the median forecast implies a 55.4% upside. This outlook is supported by 9 Buy, 1 Hold, and 0 Sell ratings.
Conversely, the most conservative target is provided by Julian Harrison at BTIG, suggesting a 7.7% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for PTGX.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Apr 10, 2025 | HC Wainwright & Co. | Douglas Tsao | Buy | Reiterates | $80.00 |
Mar 28, 2025 | Wedbush | Yun Zhong | Outperform | Reiterates | $70.00 |
Mar 11, 2025 | HC Wainwright & Co. | Douglas Tsao | Buy | Maintains | $80.00 |
Mar 11, 2025 | Truist Securities | Srikripa Devarakonda | Buy | Maintains | $76.00 |
Mar 11, 2025 | BMO Capital | Etzer Darout | Outperform | Reiterates | $72.00 |
Mar 10, 2025 | HC Wainwright & Co. | Douglas Tsao | Buy | Reiterates | $54.00 |
Mar 10, 2025 | Citizens Capital Markets | Jonathan Wolleben | Market Outperform | Reiterates | $61.00 |
Mar 4, 2025 | JP Morgan | Brian Cheng | Overweight | Maintains | $57.00 |
Mar 3, 2025 | HC Wainwright & Co. | Douglas Tsao | Buy | Reiterates | $54.00 |
Feb 24, 2025 | Goldman Sachs | Neutral | Maintains | $38.00 | |
Feb 24, 2025 | HC Wainwright & Co. | Douglas Tsao | Buy | Maintains | $54.00 |
Feb 7, 2025 | HC Wainwright & Co. | Douglas Tsao | Buy | Reiterates | $50.00 |
Feb 7, 2025 | JMP Securities | Jonathan Wolleben | Market Outperform | Reiterates | $58.00 |
Feb 4, 2025 | JP Morgan | Brian Cheng | Overweight | Maintains | $53.00 |
Dec 10, 2024 | HC Wainwright & Co. | Douglas Tsao | Buy | Reiterates | $50.00 |
Dec 6, 2024 | BMO Capital | Etzer Darout | Outperform | Initiates | $62.00 |
Nov 22, 2024 | HC Wainwright & Co. | Douglas Tsao | Buy | Reiterates | $50.00 |
Nov 19, 2024 | HC Wainwright & Co. | Douglas Tsao | Buy | Reiterates | $50.00 |
Nov 11, 2024 | HC Wainwright & Co. | Douglas Tsao | Buy | Reiterates | $50.00 |
Nov 5, 2024 | Wedbush | Yun Zhong | Outperform | Initiates | $58.00 |
The following stocks are similar to Protagonist based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Protagonist Therapeutics Inc. has a market capitalization of $2.71B with a P/E ratio of 56.1x. The company generates $207.80M in trailing twelve-month revenue with a 27.0% profit margin.
Revenue growth is -88.9% quarter-over-quarter, while maintaining an operating margin of -68.2% and return on equity of +9.0%.
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Develops peptide-based therapeutics for serious health disorders.
Protagonist Therapeutics Inc. operates a biopharmaceutical model focused on discovering and developing peptide-based therapeutics. The company generates revenue through the advancement of its drug candidates, which target diseases with significant unmet medical needs. By utilizing a proprietary technology platform, they aim to create innovative treatments that improve patient outcomes, potentially leading to partnerships, licensing agreements, or product sales in the biotechnology market.
Located in Newark, California, Protagonist Therapeutics is actively contributing to advancements in the biotechnology industry. Their research efforts are directed at addressing critical diseases like inflammatory bowel disease and myeloproliferative neoplasms, positioning them as a key player in the healthcare sector with the potential for impactful new therapies.
Healthcare
Biotechnology
126
Dr. Dinesh V. Patel Ph.D.
United States
2016
Protagonist Therapeutics (PTGX) delivered earnings and revenue surprises of 62% and 149.90%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
Protagonist Therapeutics announced positive Phase 3 results for rusfertide in polycythemia vera and icotrokinra in psoriasis. The company has $697.9M in cash, ensuring funding through at least 2028.
Successful trial results and upcoming presentations indicate strong potential for rusfertide and icotrokinra, enhancing investor confidence and likely driving stock value. Significant cash reserves support future growth.
Protagonist Therapeutics (PTGX) reported a quarterly loss of $0.19 per share, better than the Zacks Consensus Estimate of a $0.50 loss, down from earnings of $3.26 per share last year.
Protagonist Therapeutics' smaller-than-expected loss indicates improved financial performance, potentially boosting investor confidence and impacting stock valuation positively.
Protagonist Therapeutics will present an abstract at the ASCO Annual Meeting from May 30 to June 3, 2025, highlighting potential developments in their research.
Protagonist Therapeutics' acceptance at ASCO could enhance visibility, attract potential investors, and influence stock performance based on clinical trial results.
Protagonist Therapeutics granted an equity inducement award to a new employee on April 15, 2025, under its Amended and Restated 2018 Inducement Plan.
Protagonist Therapeutics' equity inducement award signals potential growth and talent acquisition, which may enhance innovation and drive future stock value, impacting investor sentiment.
Protagonist Therapeutics (PTGX) has a consensus price target indicating a 27.4% upside potential, supported by an upward trend in earnings estimate revisions.
A 27.4% upside potential in Protagonist Therapeutics suggests significant growth opportunity, especially with rising earnings estimate revisions indicating positive market sentiment.
Protagonist Therapeutics has been named in Fast Company's 2025 list of the World's Most Innovative Companies, recognizing its advancements in peptide-based therapeutics.
Protagonist Therapeutics' recognition on Fast Company's list enhances its visibility, potentially attracting investors and partners, and signaling confidence in its innovative pipeline.
Based on our analysis of 15 Wall Street analysts, Protagonist Therapeutics Inc. (PTGX) has a median price target of $69.00. The highest price target is $82.00 and the lowest is $41.00.
According to current analyst ratings, PTGX has 9 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $44.41. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict PTGX stock could reach $69.00 in the next 12 months. This represents a 55.4% increase from the current price of $44.41. Please note that this is a projection by Wall Street analysts and not a guarantee.
Protagonist Therapeutics Inc. operates a biopharmaceutical model focused on discovering and developing peptide-based therapeutics. The company generates revenue through the advancement of its drug candidates, which target diseases with significant unmet medical needs. By utilizing a proprietary technology platform, they aim to create innovative treatments that improve patient outcomes, potentially leading to partnerships, licensing agreements, or product sales in the biotechnology market.
The highest price target for PTGX is $82.00 from at , which represents a 84.6% increase from the current price of $44.41.
The lowest price target for PTGX is $41.00 from Julian Harrison at BTIG, which represents a -7.7% decrease from the current price of $44.41.
The overall analyst consensus for PTGX is bullish. Out of 15 Wall Street analysts, 9 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $69.00.
Stock price projections, including those for Protagonist Therapeutics Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.