Skip to main content
    P

    Protagonist Therapeutics Inc (PTGX)

    Official site

    HEALTHCARE • BIOTECHNOLOGY • NASDAQ

    $136.55
    +0.27 (+0.20%)

    Market Cap: $8.96B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    54%(21/39)
    Avg Surprise
    +45.51%
    Streak
    2 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$2.60
    Range$0.13 - $3.71
    11 analysts
    EPS Revisions
    2
    0
    7d
    6
    3
    30d
    EPS Estimate DriftChange to current
    90d ago$2.24+16.3%
    60d ago$2.24+16.3%
    30d ago$2.36+10.0%
    7d ago$2.49+4.6%
    Current$2.60
    Revenue Consensus
    $243M
    Range$95M - $292M
    11 analysts
    Period ending Dec 31, 2026
    EPS Consensus$1.02
    Range$-0.25 - $2.23
    12 analysts
    Revenue Consensus
    $59M
    Range$-54306440 - $106M
    12 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$1.02---
    Sep 26EST
    -$2.60---
    Jun 26
    Reported Aug 5
    $2.29$2.11+8.53%Beat+516.4%
    Mar 26
    Reported May 5
    $0.05N/A+107.69%Beat+126.3%
    Dec 25
    Reported Feb 25
    $-0.69$-0.34-102.76%Miss-134.8%
    Sep 25
    Reported Nov 6
    $-0.62$-0.64+3.13%Beat-14.8%
    Jun 25
    Reported Aug 6
    $-0.55$-0.52-5.77%Miss-10.0%
    Mar 25
    Reported May 6
    $-0.19$0.11-272.73%Miss-105.8%
    Dec 24
    Reported Feb 21
    $1.98$0.25+692.00%Beat+350.0%
    Sep 24
    Reported Nov 7
    $-0.54$-0.53-1.89%Miss+6.9%
    Jun 24
    Reported Aug 6
    $-0.50$-0.41-21.95%Miss+26.5%
    Mar 24
    Reported May 7
    $3.26$1.60+103.75%Beat+586.6%
    Dec 23
    Reported Feb 27
    $0.44$-0.03+1566.67%Beat+163.8%
    Sep 23
    Reported Nov 2
    $-0.58$-0.70+17.14%Beat+9.4%
    Jun 23
    Reported Aug 3
    $-0.68$-0.66-3.03%Miss+19.0%
    Mar 23
    Reported May 4
    $-0.67$-0.70+4.29%Beat-55.8%
    Dec 22
    Reported Mar 15
    $-0.69$-0.64-7.81%Miss+10.4%
    Sep 22
    Reported Nov 8
    $-0.64$-0.85+24.71%Beat+8.6%
    Jun 22
    Reported Aug 4
    $-0.84$-0.98+14.29%Beat-21.7%
    Mar 22
    Reported May 4
    $-0.43$-0.60+28.33%Beat+20.4%
    Dec 21
    Reported Feb 28
    $-0.77$-0.78+1.28%Beat-60.4%
    Sep 21
    Reported Nov 3
    $-0.70$-0.66-6.06%Miss-233.3%
    Jun 21
    Reported Aug 4
    $-0.69$-0.53-30.19%Miss-21.1%
    Mar 21
    Reported May 4
    $-0.54$-0.56+3.57%Beat+25.0%
    Dec 20
    Reported Mar 10
    $-0.48$-0.48+0.00%Beat+23.8%
    Sep 20
    Reported Nov 4
    $-0.21N/A+62.50%Beat+65.6%
    Jun 20
    Reported Aug 6
    $-0.57$-0.58+1.72%Beat+51.7%
    Mar 20
    Reported May 7
    $-0.72$-0.69-4.35%Miss-24.1%
    Dec 19
    Reported Mar 10
    $-0.63$-0.70+10.00%Beat-10.5%
    Sep 19
    Reported Nov 6
    $-0.61$-0.73+16.44%Beat-60.5%
    Jun 19
    Reported Aug 7
    $-1.18$-0.27-337.04%Miss-187.8%
    Mar 19
    Reported May 8
    $-0.58$-0.59+1.69%Beat-61.1%
    Dec 18
    Reported Mar 12
    $-0.57$-0.47-21.28%Miss-280.0%
    Sep 18
    Reported Nov 6
    $-0.38$-0.33-15.15%Miss-31.0%
    Jun 18
    Reported Aug 7
    $-0.41$-0.29-41.38%Miss+53.9%
    Mar 18
    Reported May 9
    $-0.36$-0.24-50.00%Miss+57.1%
    Dec 17
    Reported Mar 7
    $-0.15N/A+57.14%Beat+77.6%
    Sep 17
    Reported Nov 6
    $-0.29N/A+52.46%Beat-
    Jun 17
    Reported Aug 8
    $-0.89$-0.81-9.88%Miss-
    Mar 17
    Reported May 10
    $-0.84$-0.59-42.37%Miss-
    Dec 16
    Reported Mar 7
    $-0.67$-0.52-28.85%Miss-

    Key Metrics

    Valuation
    P/E Ratio132.57EV/EBITDA157.00x
    Price/FCF68.95xFCF Yield1.45%
    Profitability
    Profit Margin29.40%Operating Margin74.40%
    ROE11.00%ROICN/A
    Financial Health
    Debt/Equity0.00xInterest CoverageN/A
    Current Ratio21.71xQuick Ratio21.71x
    Trading Statistics
    Beta1.52Avg Volume846.27K
    52-Week High$160.8152-Week Low$73.08

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$140.01
    SMA 20$140.73
    SMA 50$145.74
    SMA 200$113.56
    EMA 10$139.64
    EMA 20$140.93
    EMA 50$140.76
    EMA 200$117.77

    MACD

    Line: -1.51Signal: -1.23Hist: -0.28

    ADX

    ADX: 15.2+DI: 19.8-DI: 22.1

    Aroon & PSAR

    Aroon Up88.0
    Aroon Down40.0
    PSAR$151.85

    Bollinger Bands

    Upper Band$146.12
    Lower Band$135.34
    %B Position766%(Upper)
    Band Width0.11

    RSI (14-Day)

    Neutral
    40.7

    Momentum Oscillators

    Stoch %K11.3
    Stoch %D30.7
    Williams %R-94.4
    ROC (10d)-1.9%
    Momentum-2.64
    CCI (20d)-141.5
    MFI (14d)47.8

    Volatility Measures

    ATR (14d)$5.45(4.0%)
    StdDev (20d)2.70
    Hist Vol30.6%(Moderate)

    Volume Flow

    VWAP$137.22
    OBV32.5M
    AD Line21.6M
    CMF (20d)-0.147

    Volume Metrics

    Avg Vol (20d)877.6K
    Vol Ratio0.8x
    VWMA (20d)$140.92

    Pivot Points

    R3$145.24
    R2$143.19
    R1$139.73
    Pivot Point$137.68
    S1$134.22
    S2$132.17
    S3$128.71

    Advanced Oscillators

    TSI-10.91
    Ultimate Osc33.2
    KST-46.71

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$213.47M$56.37M$7.44M$4.71M$5.55M$28.32M$170.64M$4.67M$4.17M$254.95M$60.00M$0
    Cost of Revenue$0$0$376,000$0$0$0$604,000$0$0$0$832,000$0
    Gross Profit$213.47M$56.37M$7.44M$4.71M$5.55M$28.32M$170.64M$4.67M$4.17M$254.95M$60.00M$0
    Operating Expenses$54.71M$60.02M$57.79M$51.13M$47.59M$47.63M$43.86M$46.13M$42.96M$48.64M$36.95M$38.33M
    R&D$42.06M$46.74M$46.36M$40.00M$37.04M$35.89M$34.90M$35.97M$33.52M$33.73M$28.90M$30.66M
    SG&A$12.65M$13.28M$11.43M$11.13M$10.55M$11.74M$8.95M$10.16M$9.44M$14.91M$8.05M$7.66M
    Operating Income$158.77M$-3,648,000$-50,355,000$-46,421,000$-42,041,000$-19,310,000$126.78M$-41,453,000$-38,793,000$206.31M$23.05M$-38,326,000
    Interest Income$6.43M$5.88M$6.76M$7.05M$7.41M$7.57M$6.85M$7.68M$7.40M$4.38M$4.24M$4.25M
    Interest Expense$0$0$0$0$0$0$0$0$0$0$0$0
    Income Before Tax$165.11M$2.28M$-43,718,000$-39,339,000$-34,599,000$-11,655,000$133.66M$-33,630,000$-31,292,000$210.67M$27.34M$-34,105,000
    Income Tax Expense$2.27M$-1,502,000$666,000$0$172,000$0$1.99M$-420,000$-676,000$3.33M$0$0
    Net Income$162.85M$3.78M$-44,384,000$-39,339,000$-34,771,000$-11,655,000$131.67M$-33,210,000$-30,616,000$207.34M$27.34M$-34,105,000
    EBITDA$158.04M$-4,213,000$-51,439,000$-47,711,000$-43,615,000$-21,278,000$124.17M$-43,919,000$-40,117,000$204.91M$20.24M$-38,536,000
    EBIT$158.69M$-3,595,000$-50,479,000$-46,388,000$-42,005,000$-19,228,000$126.81M$-41,312,000$-38,696,000$206.29M$23.09M$-38,357,000
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about PTGX

    News

    PTGX Valuation and Fair Value

    P/E
    132.6x
    Forward P/E
    36.9x
    EV/EBITDA
    157.0x
    P/FCF
    68.9x
    PEG
    0.0x
    P/B
    10.7x
    See GNG's fair value

    PTGX Profitability: Margins, ROIC and FCF

    Gross margin
    100.0%
    Operating margin
    74.4%
    Net margin
    29.4%
    ROE
    11.0%
    FCF margin
    46.3%
    FCF yield
    1.5%

    PTGX Analyst Ratings

    Consensus
    Buy
    Analysts
    13
    Strong Buy
    3
    Buy
    10
    Hold
    0
    Sell
    0
    Strong Sell
    0

    PTGX Bull Case vs Bear Case

    Bull case

    • PTGX converts 46.3% of revenue into free cash flow.
    • PTGX has a 29.4% net profit margin.
    • PTGX grew quarterly revenue 3749.0% year over year.

    Bear case

    • PTGX trades at 132.6x trailing earnings.

    PTGX Earnings: Beat Rate and Next Report

    Beat rate
    4 of 8 quarters (50.0%)
    Average surprise
    53.5%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $2.60
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    6 up, 3 down

    Frequently Asked Questions About PTGX

    Does PTGX pay dividends?

    Protagonist Therapeutics Inc (PTGX) does not currently pay a regular dividend.

    What is PTGX's P/E ratio?

    Protagonist Therapeutics Inc has a price-to-earnings (P/E) ratio of 132.57.

    What is PTGX's market cap?

    Protagonist Therapeutics Inc (PTGX) has a market capitalization of $8.96B with a current stock price of $136.55.

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.