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Healthcare - Biotechnology - NASDAQ - US
$ 43.21
-2.77 %
$ 2.65 B
Market Cap
10.22
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PTGX stock under the worst case scenario is HIDDEN Compared to the current market price of 43.2 USD, Protagonist Therapeutics, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PTGX stock under the base case scenario is HIDDEN Compared to the current market price of 43.2 USD, Protagonist Therapeutics, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PTGX stock under the best case scenario is HIDDEN Compared to the current market price of 43.2 USD, Protagonist Therapeutics, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PTGX

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$60.0$60.0$55.0$55.0$50.0$50.0$45.0$45.0$40.0$40.0$35.0$35.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
434 M REVENUE
624.05%
253 M OPERATING INCOME
369.98%
275 M NET INCOME
448.54%
184 M OPERATING CASH FLOW
362.19%
-299 M INVESTING CASH FLOW
-662.86%
25.9 M FINANCING CASH FLOW
-84.83%
171 M REVENUE
3550.01%
127 M OPERATING INCOME
405.84%
132 M NET INCOME
496.49%
-29.2 M OPERATING CASH FLOW
-4.72%
-8.72 M INVESTING CASH FLOW
95.82%
4.03 M FINANCING CASH FLOW
-66.55%
Balance Sheet Protagonist Therapeutics, Inc.
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Current Assets 592 M
Cash & Short-Term Investments 419 M
Receivables 0
Other Current Assets 173 M
Non-Current Assets 153 M
Long-Term Investments 0
PP&E 12.6 M
Other Non-Current Assets 140 M
56.25 %23.19 %18.86 %Total Assets$744.7m
Current Liabilities 47.4 M
Accounts Payable 1.62 M
Short-Term Debt 510 K
Other Current Liabilities 45.3 M
Non-Current Liabilities 22 M
Long-Term Debt 10.4 M
Other Non-Current Liabilities 11.7 M
65.21 %14.92 %16.82 %Total Liabilities$69.4m
EFFICIENCY
Earnings Waterfall Protagonist Therapeutics, Inc.
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Revenue 434 M
Cost Of Revenue 0
Gross Profit 434 M
Operating Expenses 182 M
Operating Income 253 M
Other Expenses -22.3 M
Net Income 275 M
450m450m400m400m350m350m300m300m250m250m200m200m150m150m100m100m50m50m00434m0434m(182m)253m22m275mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
58.20% OPERATING MARGIN
58.20%
63.34% NET MARGIN
63.34%
40.75% ROE
40.75%
36.95% ROA
36.95%
35.69% ROIC
35.69%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Protagonist Therapeutics, Inc.
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200m200m150m150m100m100m50m50m00(50m)(50m)(100m)(100m)(150m)(150m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 275 M
Depreciation & Amortization 2.9 M
Capital Expenditures -1.36 M
Stock-Based Compensation 37.6 M
Change in Working Capital 0
Others -131 M
Free Cash Flow 183 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Protagonist Therapeutics, Inc.
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Wall Street analysts predict an average 1-year price target for PTGX of $61.3 , with forecasts ranging from a low of $38 to a high of $76 .
PTGX Lowest Price Target Wall Street Target
38 USD -12.06%
PTGX Average Price Target Wall Street Target
61.3 USD 41.83%
PTGX Highest Price Target Wall Street Target
76 USD 75.89%
Price
Max Price Target
Min Price Target
Average Price Target
8080707060605050404030302020May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 20
6. Ownership
Insider Ownership Protagonist Therapeutics, Inc.
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Sold
0-3 MONTHS
3.59 M USD 4
3-6 MONTHS
11.8 M USD 4
6-9 MONTHS
1.31 M USD 2
9-12 MONTHS
1.54 M USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Wall Street Analysts See a 27.36% Upside in Protagonist Therapeutics (PTGX): Can the Stock Really Move This High? The consensus price target hints at a 27.4% upside potential for Protagonist Therapeutics (PTGX). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term. zacks.com - 3 weeks ago
Protagonist Therapeutics Named to Fast Company's Annual List of the World's Most Innovative Companies of 2025 Past Winners include Waymo, Nvidia, Duolingo, and Novo Nordisk, among others NEWARK, CA / ACCESS Newswire / March 18, 2025 / Protagonist Therapeutics, Inc. ("Protagonist" or the "Company"), a clinical-stage biopharmaceutical company pioneering the discovery and development of peptide-based therapeutics, today announced its inclusion in Fast Company's prestigious annual list of the World's Most Innovative Companies for 2025. Fast Company's annual list of the World's Most Innovative Companies spotlights organizations across various industries that are driving meaningful change through groundbreaking ideas and transformative technologies. accessnewswire.com - 1 month ago
Protagonist Therapeutics (PTGX) Upgraded to Buy: Here's Why Protagonist Therapeutics (PTGX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). zacks.com - 1 month ago
Protagonist Therapeutics: Much More Than Rusfertide In Place To Carry It Protagonist Therapeutics, Inc. achieved primary endpoint in a phase 3 VERIFY study using rusfertide in polycythemia vera and the phase 2b ANTHEM-UC study using icotrokinra in ulcerative colitis. Icotrokinra, a first-in-class IL-23 receptor agonist, shows promise in treating ulcerative colitis and plaque psoriasis, potentially shifting treatment paradigms in both of these indications. Financially stable with $559.2 million in cash and recent milestone payments, Protagonist can fund operations through 2028, reducing financial risk. seekingalpha.com - 1 month ago
PTGX Up as J&J-Partnered Drug Meets Goal in Ulcerative Colitis Study The phase IIb ANTHEM-UC study evaluating Protagonist and JNJ's icotrokinra for treating ulcerative colitis meets the primary endpoint. zacks.com - 1 month ago
Overlooked Stock: PTGX Protagonist Therapeutics (PTGX) rallied 45% after its latest drug trial to treat people with active ulcerative colitis saw success. George Tsilis says there's more positive catalysts behind the stock, particularly its cash pile. youtube.com - 1 month ago
Protagonist Therapeutics Unveils 'Paradigm-Shifting' Drug And Breaks Out Protagonist Therapeutics broke out Monday after the company's drug topped its rival from Bristol in a psoriasis study. The post Protagonist Therapeutics Unveils 'Paradigm-Shifting' Drug And Breaks Out appeared first on Investor's Business Daily. investors.com - 1 month ago
Why Is Protagonist Therapeutics Stock Trading Higher On Monday? On Monday, Protagonist Therapeutics, Inc. PTGX announced topline results from ANTHEM-UC Phase 2b study of icotrokinra (JNJ-2113) in adults with moderately to severely active ulcerative colitis (UC). benzinga.com - 1 month ago
Protagonist and Takeda Announce Positive Topline Results from Phase 3 VERIFY Study of Rusfertide in Patients with Polycythemia Vera NEWARK, Calif. & OSAKA, Japan & CAMBRIDGE, Mass.--(BUSINESS WIRE)--Protagonist Therapeutics, Inc. (“Protagonist”) (NASDAQ:PTGX) and Takeda (TSE:4502/NYSE:TAK) today announced positive topline results for the Phase 3 VERIFY study, in which phlebotomy-dependent patients with polycythemia vera (PV) were randomized to treatment with either rusfertide or placebo, as an add-on to standard of care treatment. The study met its primary endpoint and all four key secondary endpoints. Rusfertide is a first. businesswire.com - 1 month ago
Protagonist Therapeutics (PTGX) Tops Q4 Earnings and Revenue Estimates Protagonist Therapeutics (PTGX) came out with quarterly earnings of $1.98 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.44 per share a year ago. zacks.com - 1 month ago
Protagonist Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Corporate Update $165.0 million icotrokinra (formerly JNJ-2113) milestone earned in Q4 2024, received in January 2025 PN-881, a potential best-in-class oral IL-17 receptor antagonist peptide nominated as a development candidate in Q4 2024 Topline results for rusfertide Phase 3 VERIFY clinical trial in polycythemia vera expected in March 2025 Topline results for icotrokinra Phase 2b ANTHEM clinical trial in moderate to severe ulcerative colitis expected in March 2025 Cash, cash equivalents, and marketable securities of $559.2 million as of December 31, 2024, combined with $165.0 million milestone payment, anticipated to provide cash runway through at least end of 2028 NEWARK, CA / ACCESS Newswire / February 21, 2025 / Protagonist Therapeutics (NASDAQ:PTGX) ("Protagonist" or "the Company") today reported financial results for the fourth quarter and full year ended December 31, 2024, and provided a corporate update. "Protagonist is quickly approaching multiple late-stage transformational events expected in the first quarter of this year, including the topline results from the VERIFY Phase 3 study of rusfertide in polycythemia vera and from the ANTHEM Phase 2b ulcerative colitis study of icotrokinra," said Dinesh V. accessnewswire.com - 1 month ago
Protagonist: Rusfertide PV Data Q1 2025 Isn't The Only 2025 Catalyst On Deck Positive results achieved from both ICONIC studies using JNJ-2113 for the treatment of patients with moderate-to-severe plaque psoriasis; Superiority study is data expected in Q2 of 2025. Topline results from the phase 3 VERIFY study, using rusfertide for the treatment of patients with polycythemia vera, expected in Q1 of 2025. The global Polycythemia vera market size is expected to grow to $2.03 billion by 2032. seekingalpha.com - 3 months ago
8. Profile Summary

Protagonist Therapeutics, Inc. PTGX

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 2.65 B
Dividend Yield 0.00%
Description Protagonist Therapeutics, Inc., a biopharmaceutical company, discovers and develops peptide-based therapeutic drugs to address hematology and blood disorders, and inflammatory and immunomodulatory diseases. It is developing rusfertide (PTG-300), an injectable hepcidin mimetic that is in Phase II clinical trials for the treatment of patients with polycythemia vera and hereditary hemochromatosis, as well as for the treatment of other blood disorders; PN-943, an oral, alpha-4-beta-7 integrin- specific antagonist peptide that is in Phase II clinical trials for treating inflammatory bowel disease (IBD); and PN-235, an orally delivered interleukin-23 receptor specific antagonist for the treatment of IBD and non-IBD indications. The company has a license and collaboration agreement with Janssen Biotech, Inc. Protagonist Therapeutics, Inc. was incorporated in 2006 and is headquartered in Newark, California.
Contact 7707 Gateway Boulevard, Newark, CA, 94560-1160 https://www.protagonist-inc.com
IPO Date Aug. 11, 2016
Employees 126
Officers Dr. Samuel R. Saks M.D. Clinical Development Advisor Dr. Arturo M. Molina FACP, M.D., M.S. Chief Medical Officer Mr. Carter J. King Executive Vice President of Business Development Ms. Carena Spivey Head of HR & Senior Vice President of Human Resources Dr. Ashok Bhandari Ph.D. Executive Vice President & Chief Drug Discovery and Preclinical Development Officer Mr. Matthew M. Gosling J.D. Executive Vice President & General Counsel Dr. Dinesh V. Patel Ph.D. Chief Executive Officer, President, Secretary & Director