
Protagonist Therapeutics (PTGX) Stock Forecast & Price Target
Protagonist Therapeutics (PTGX) Analyst Ratings
Bulls say
Protagonist Therapeutics Inc. has demonstrated promising clinical trial results, with dose-dependent improvements in clinical response observed from week 12 to week 28, indicating strong efficacy for its lead candidate, icotrokinra, particularly in the treatment of psoriasis. The company is positioned to capture market share by addressing medical needs in the milder segment, supported by a robust safety profile and significant advancements in clinical outcomes, such as higher endoscopic improvement rates and progressive clinical remission. Furthermore, Protagonist's strong business development track record and the anticipation of pipeline momentum through key catalysts expected in 2025 enhance the outlook for the company's continued growth and market success.
Bears say
Protagonist Therapeutics Inc. faces fundamental challenges that create a negative outlook on its stock, primarily stemming from potential safety concerns during ongoing clinical trials and the risk of strategic partners opting not to advance the development of key drug candidate Icotrokinra due to competitive market dynamics. Furthermore, the company is susceptible to increased regulatory scrutiny, competitive pressures, and pricing risks, particularly in the orphan drug space where pricing reforms could impact profit margins. Lastly, there are concerns regarding the need for future capital, which raises the potential for dilution that could affect shareholder value.
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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