PRQR · NASDAQ · Biotechnology

ProQR Therapeutics (PRQR)

Develops Axiomer RNA-editing medicines, led by AX-0810 for cholestatic diseases.

$1.73
After hours+0.04 (+2.37%)
At close$1.69(−11.05%)
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ProQR Therapeutics N.V.PRQR
Health Care

Develops RNA-editing medicines through the Axiomer platform, with AX-0810 in a first-in-human study for cholestatic diseases. The clinical-stage company shifted away from inherited-retinal-disease programs and maintains a liver and nervous-system collaboration with Eli Lilly.

Develops RNA-editing medicines using Axiomer, a platform that employs endogenous ADAR machinery to make targeted single-nucleotide RNA edits. The platform supports programs intended to correct or modulate RNA, following the 2022 shift away from inherited-retinal-disease programs.

AX-0810, an NTCP-targeting editing oligonucleotide for cholestatic diseases, leads the internal pipeline in a first-in-human Phase 1 study. AX-0811 is in late non-clinical development, and AX-0422 targets Hurler syndrome in non-clinical development.

Based in Leiden, the Netherlands, with a U.S. office in Cambridge, Massachusetts, the clinical-stage organization also works with Eli Lilly on potential medicines for genetic disorders in the liver and nervous system. Progress depends on clinical-trial execution and regulatory interactions.

Company facts

CEODaniel A. de Boer
ListedSep 18, 2014
ExchangeNASDAQ
HeadquartersLeiden, Netherlands
CountryNetherlands
Employees187
CIK0001612940
ISINNL0010872495

Market cap$200.1M
EPS (ttm)−$0.4518
P/E (ttm)−4.21
ROE-68.4%
P/B2.21
P/S9.44
Dividend yieldDiv yield
Beta1.69vs XLV 0.48

Price target$3.00+71.4%Average of 12 analysts
ConsensusBuy11 of 12 analysts
Ratings

Target rangeAs of Sep 23, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 20, 2026Bank of America SecuritiesInitiate
Rating:
Rating: Buy
Jun 25, 2026Chardan CapitalTarget
Target: $2
Target: $3
Oct 29, 2024Raymond JamesUpgrade
Rating: Outperform
Rating: Strong Buy

Next report
Nov 5, 26
estimated · in 43 days
EPS estimate
−$0.11
Revenue estimate
$4.3M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.10−$0.11−$0.14−$0.12−$0.09−$0.15−$0.10Pending
Estimate−$0.10−$0.09−$0.08−$0.10−$0.08−$0.15−$0.13−$0.11
Surprise0.0%−22.2%−75.0%−20.0%−12.5%0.0%+23.2%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$4.5M$5.0M$4.5M$3.4M$5.5M$2.3M$10.0MPending
Estimate$5.4M$4.8M$5.5M$6.1M$6.6M$5.2M$4.6M$4.3M
Surprise−18.1%+3.1%−18.2%−44.2%−16.4%−54.7%+119.3%
Estimate−$0.11
ReportedDue Nov 5, 2026
Estimate$4.3M
ReportedDue Nov 5, 2026
View details

Debt to equity16.60%
Current ratio348.80%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$4.4M$4.9M$5.1M$4.3M$3.3M$5.3M$2.4M$10.1M
Net income−$9.2M−$10.6M−$11.5M−$13.9M−$12.5M−$10.2M−$15.5M−$10.1M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$9.9M−$11.5M−$12.3M−$13.9M−$12.9M−$10.4M−$15.8M
YoY growthLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss narrowedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $133.3M · Total debt $15.0M · Total assets $152.0M · Shareholders' equity $90.5M

Revenue
$10.1M
Operating income
Net income
−$10.1M

Reported in EUR, converted at the latest exchange rate

View details

No dividends on record.

Institutions57.65%60.74M ADS
71 holders · as of Jun 30, 2026
Insiders2.33%2.46M ADS
6 holders · as of Aug 3, 2026
Other40.02%42.17M ADS
remainder

105.36M ADS as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Adage Capital Partners GP, L.L.C.Institution
8.56%9.02M ADSas of Jun 30, 2026
Abrdn PLCInstitution
8.48%8.93M ADSas of Jun 30, 2026
Adage Capital Management, L.P.Institution
6.27%6.60Mfiled Aug 12, 2025
Affinity Asset Advisors, LLCInstitution
5.26%5.54M ADSas of Jun 30, 2026
Privium Fund Management B.V.Institution
5.24%5.52M ADSas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jul 31, 2026Daniel Anton de Boerdirector, officer: Chief Executive Officer+200,000$1.77
Jul 17, 2026Bart Filiusdirector+150,000$1.72
Jul 9, 2026Daniel Anton de Boerdirector, officer: Chief Executive Officer+150,000$1.74
Jul 7, 2026Daniel Anton de Boerdirector, officer: Chief Executive Officer+150,000$1.59
Jun 26, 2026Bart Filiusdirector+150,000$1.54
View details

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