PHAT - NASDAQ

Phathom Pharmaceuticals, Inc.

PHAT·NASDAQ

$9.94

+3.0%

HealthcareBiotechnology

Phathom Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on developing and commercializing treatments for gastrointestinal diseases. The company has the rights in the United States, Europe, and Canada to vonoprazan, a potassium-competitive acid blocker (P-CAB) that blocks acid secretion in the stomach. It is also developing vonoprazan, which is in Phase III clinical trials for the treatment of erosive gastroesophageal reflux disease; and in combination with antibiotics for the treatment of Helicobacter pylori infection. Phathom Pharmaceuticals, Inc. was incorporated in 2018 and is headquartered in Florham Park, New Jersey.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$792.77M

EPS-3.0300

P/E Ratio-3.28

Earnings Date08/06/2026

phat

Operating Expenses

Last Annual Value

312.50M

3-Year CAGR

22%

5-Year CAGR

20%

10-Year CAGR

74%

Adjust for Inflation

Phathom Pharmaceuticals, Inc. Competitors Analysis of Operating Expenses

PHAT · NASDAQ

Company	Operating Expenses	CAGR 3Y	CAGR 5Y	CAGR 10Y
Phathom Pharmaceuticals, Inc. NASDAQ:PHAT	312.50M	23.0%	18.4%	N/A
AnaptysBio, Inc. NASDAQ:ANAB	184.28M	55.2%	53.7%	45.6%
Xencor, Inc. NASDAQ:XNCR	292.57M	-1.6%	4.8%	16.2%
Nurix Therapeutics, Inc. NASDAQ:NRIX	350.79M	101.5%	62.2%	N/A
UroGen Pharma Ltd. NASDAQ:URGN	222.20M	17.0%	10.5%	29.5%
Sana Biotechnology, Inc. NASDAQ:SANA	178.21M	-15.3%	-13.0%	N/A
BridgeBio Oncology Therapeutics Inc. NASDAQ:BBOT	145.82M	31.1%	407.4%	N/A
Septerna, Inc. NASDAQ:SEPN	126.75M	N/A	N/A	N/A
Bicara Therapeutics Inc. Common Stock NASDAQ:BCAX	155.60M	57.4%	N/A	N/A
Kodiak Sciences Inc. NASDAQ:KOD	234.39M	-2.3%	-1.9%	29.9%

Phathom Pharmaceuticals, Inc. Fair Value Envelope

PHAT · NASDAQ

Our analysis suggests that PHAT has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $9.94, this represents a potential HIDDEN relative to our calculated worth for Phathom Pharmaceuticals, Inc..

HIDDEN

Intrinsic Value

Current Price: $9.94

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