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Protalix BioTherapeutics (PLX)

Develops and manufactures plant-cell-derived enzyme therapies for rare diseases.

$2.83
vs last close+0.07 (+2.54%)
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Protalix BioTherapeutics, Inc.PLX
Health Care

Develops and manufactures plant-cell-derived recombinant protein therapies for Gaucher and Fabry diseases, earning product-supply and milestone revenue through commercialization partners. Its integrated model combines a proprietary expression platform and Israeli production site with partner-controlled global distribution.

Develops recombinant protein therapies for rare diseases through ProCellEx, a plant-cell suspension expression platform. Approved enzyme-replacement products include Elelyso for Gaucher disease and Elfabrio for Fabry disease, while PRX-115 is in clinical development for uncontrolled gout.

Manufactures commercial drug substance and clinical material at its Carmiel, Israel facility, pairing in-house discovery and production with partner-led commercialization. Pfizer markets Elelyso outside Brazil, Chiesi commercializes Elfabrio globally, and Fiocruz distributes the Brazilian taliglucerase alfa presentation.

Revenue comes chiefly from product deliveries and milestones under these collaborations and is recognized when inventory reaches partners rather than when patients use it. Operations depend on a single Israeli manufacturing site, continued product approvals, partners' commercial execution, and pipeline progress.

Company facts

CEODror Bashan
ListedMar 12, 2007
ExchangeAMEX
HeadquartersHackensack, NJ
CountryUnited States
Employees226
CIK0001006281
ISINUS74365A3095

Market cap$221.6M
EPS (ttm)$0.2311
P/E (ttm)11.90
ROE31.6%
P/B3.10
P/S2.75
Dividend yieldDiv yield
Beta1.23vs XLV 0.51

Price target$6.00+118.2%Average of 7 analysts
ConsensusBuy5 of 7 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 13, 2026Raymond JamesInitiate
Rating: Target:
Rating: Strong BuyTarget: $6

Next report
Nov 12, 26
in 51 days
EPS estimate
−$0.02
Revenue estimate
$12.4M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$0.09−$0.05$0.00$0.03−$0.07$0.22$0.05Pending
Estimate$0.07$0.08$0.03$0.06$0.01−$0.01−$0.01−$0.02
Surprise+28.6%−162.5%−93.3%−50.0%−800.0%+2,300.0%+600.0%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$18.2M$10.1M$15.7M$17.9M$9.1M$33.8M$19.9MPending
Estimate$21.6M$23.1M$13.5M$14.2M$18.3M$11.5M$13.0M$12.4M
Surprise−15.7%−56.2%+16.1%+25.3%−50.1%+193.5%+53.6%
Estimate−$0.02
ReportedDue Nov 12, 2026
Estimate$12.4M
ReportedDue Nov 12, 2026
View details

Debt to equity12.90%
Current ratio293.80%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$18.0M$18.2M$10.1M$15.7M$17.9M$9.1M$33.8M$19.9M
Net income$3.2M$6.5M−$3.6M$164.0K$2.4M−$5.5M$18.3M$3.8M
Net margin18.0%35.6%0.0%1.0%13.2%0.0%54.3%19.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$4.0M$7.2M−$4.1M$1.2M$2.1M−$4.7M$21.1M$4.7M
YoY growthTurned profitLoss narrowedTurned profit−46.6%Turned lossTurned profit+298.6%

Balance sheet, Jun 30, 2026Cash & short-term investments $40.7M · Total debt $9.2M · Total assets $110.3M · Shareholders' equity $71.4M

Revenue
$52.7M
Operating income
−$5.5M
Net income
−$6.6M
View details

No dividends on record.

Institutions≈ 18.18%14.65M shares
109 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Other≈ 81.82%65.92M shares
remainder

80.57M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
5.02%4.05Mas of Jun 30, 2026
Renaissance Technologies LLCInstitution
1.36%1.10Mas of Jun 30, 2026
State Street CorpInstitution
1.22%983,582as of Jun 30, 2026
Geode Capital Management, LLCInstitution
1.22%979,995as of Jun 30, 2026
Northern Trust CorpInstitution
1.14%922,340as of Jun 30, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

  • Sanofi (ADR)

    Broad established rival across Gaucher and Fabry disease therapy.

  • Takeda (ADR)

    Dual enzyme-replacement rival in Gaucher and Fabry disease.

  • Amgen

    Approved uricase benchmark for uncontrolled gout.

Compare

CompanyPriceChange
Protalix BioTherapeutics$2.83+2.54%$221.6M11.92.7+27.1%
Sanofi (ADR)$42.46−0.09%$102.05B75.61.8+11.2%
Takeda (ADR)$18.99+0.50%$60.11B52.560.02.0+4.2%
Amgen$407.31+3.60%$212.19B24.417.45.6+9.7%
Median52.538.72.0+9.7%