
Protagonist Therapeutics (PTGX) Stock Forecast & Price Target
Protagonist Therapeutics (PTGX) Analyst Ratings
Bulls say
Protagonist Therapeutics Inc. is experiencing positive sentiment due to an increased EV/Sales multiple of 9.5x, reflecting the company's growth potential and anticipated high margins from upcoming milestone payments and royalties. The company forecasts significant revenue growth, with peak unadjusted revenue expectations reaching $3.2 billion for psoriasis and $3 billion for ulcerative colitis, driven by potentially best-in-class efficacy of its pipeline product icotrokinra. Additionally, there is optimism regarding the capability of other preclinical assets, which could further enhance financial performance and shareholder value if proven effective.
Bears say
Protagonist Therapeutics Inc. faces significant challenges that contribute to a negative outlook on its stock. Delays or rejections in the approval processes for its pipeline assets, coupled with the potential for adverse policy changes and economic weaknesses, may lead to reduced future cash flows and increased net losses. Additionally, the need for further capital raises to support ongoing development could dilute shareholder value and introduce further uncertainty into the company's financial stability.
This aggregate rating is based on analysts' research of Protagonist Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Protagonist Therapeutics (PTGX) Analyst Forecast & Price Prediction
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