Protagonist Therapeutics Logo
US74366E1029
A2AP32
PTGX

Protagonist Therapeutics

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Forecast

The analysts' average price target is €158.18 (+22.37%). The median is €157.51 (+21.86%).

Buy
  26
Hold
  0
Sell
  0

  • Protagonist Therapeutics after approvals: over $1 billion cash, $300 million buyback and broad oral pipeline

    Protagonist Therapeutics sees its peptide platform validated by the approvals of Icotrokinra and MIMRYLO/Rusfertide and reports a pro-forma cash balance of over $1 billion following a $275 million milestone payment. Management announced a $300 million share repurchase program but emphasized that research and development remain the highest priority. The company is advancing several oral programs (IL‑23/IL‑17/IL‑4, obesity triple agonist) and is selectively seeking partnerships for late-stage development and commercialization. » More on de.investing.com


  • Protagonist Therapeutics announces $300 million share buyback and plans to use licensing revenue to fund pipeline

    At the Citigroup Biopharma Summit, Protagonist Therapeutics highlighted its shift to a commercial phase after two approvals and reported strong launch data for ICOTYDE and positive data for MIMRYLO (Rusfertide). The company plans a $300 million share repurchase program and intends to use future licensing income to finance R&D and enhance shareholder returns. The pipeline focuses on oral peptide therapeutics in immunology, obesity and rare diseases, with Protagonist seeking early partnerships and aiming to advance programs to proof-of-concept. Near-term success and valuation depend on sustained sales of the approved products, progress of the oral candidates and favourable partnerships. » More on de.investing.com


  • Protagonist Therapeutics approves $300 million share buyback program

    The board of directors of Protagonist Therapeutics has approved a share buyback program of up to $300 million, to be funded from cash on hand, cash equivalents, marketable securities and license and collaboration payments. As of June 30, 2026, the company had $849.5 million in cash; additional payments from Takeda totaling $275 million are expected in Q4 2026. The timing and amount of repurchases will depend on market conditions, the share price and license and milestone payments; the program does not obligate the company to buy any specific number of shares. Protagonist generates revenue from royalties under partnerships for MIMRYLO (Rusfertide) with Takeda and ICOTYDE (Icotrokinra) with Johnson & Johnson. » More on de.investing.com

Historical dividends Dividends

All dividend metrics All metrics
In 2023, Protagonist Therapeutics has already paid €180.12 in dividends. The last payout was in April 2023.

Financials

In the last quarter, Protagonist Therapeutics had revenue of €187.05M and net profit of €142.69M
(EUR) June 2026
YoY
Revenue 187.05M 3,875.25%
Gross profit 187.05M 3,875.25%
Net profit 142.69M 583.69%
EBITDA 145.02M 598.42%

Fundamentals

Metric Value
Market capitalization
€8.36B
Number of shares
64.71M
52-week high/low
€143.51 - €67.32
Dividends No
Beta
1.79
P/E ratio
118.85
PEG ratio
-0.14
P/B ratio
11.34
P/S ratio
33.22

Company profile

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.

Name
Protagonist Therapeutics
CEO
Dinesh V. Patel
Headquarters Newark, ca
USA
Website
Sector
Materials
Industry
Chemicals
IPO
08/11/2016
Employees 141

Ticker symbols

Exchange Symbol
NASDAQ
PTGX
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