
Protagonist Therapeutics (PTGX) Stock Forecast & Price Target
Protagonist Therapeutics (PTGX) Analyst Ratings
Bulls say
Protagonist Therapeutics Inc has demonstrated significant advancements in its clinical trials, showing a continued improvement in clinical response rates from week 12 to 28, which underscores the potential of its pipeline products, particularly icotrokinra. The positive clinical outcomes, with notable improvements in endoscopic responses and high disease clearance rates, position icotrokinra as a promising candidate in the market, particularly in addressing previously unmet medical needs. Furthermore, Protagonist's strong business development track record and anticipated catalysts in 2025 bolster confidence in the ongoing success and growth of its innovative drug candidates.
Bears say
Protagonist Therapeutics Inc faces a negative outlook primarily due to significant risks associated with its drug candidates, including unexpected safety concerns and potential strategic decisions from partners to abandon further development of Icotrokinra. Additionally, the company is susceptible to increasing regulatory and competitive pressures, particularly in a landscape characterized by pricing reforms and heightened scrutiny in the orphan drug space. Lastly, concerns over future cash needs and potential dilution threaten its financial stability, which is critical for ongoing clinical trial funding and overall business viability.
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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