PRTA · NASDAQ · Biotechnology

Prothena (PRTA)

Develops investigational protein-dysregulation therapies with a partner-heavy clinical pipeline.

$8.93
vs last close+0.42 (+4.94%)
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Prothena Corporation plcPRTA
Health Care

Develops investigational therapies for diseases caused by protein dysregulation, with clinical programs spanning Parkinson's disease, ATTR amyloidosis, Alzheimer's disease, and broader neurodegeneration. Revenue and late-stage progress depend heavily on collaboration partners after birtamimab was discontinued and the workforce was reduced.

Develops investigational therapies for diseases caused by protein dysregulation, using an Elan/Athena antibody-discovery lineage. Current named programs include prasinezumab for Parkinson's disease, coramitug for ATTR amyloidosis, BMS-986446 for Alzheimer's disease, PRX019 for neurodegeneration, TDP-43 CYTOPE for ALS, and PRX012-TfR for Alzheimer's disease.

Operates from an Irish public-company base with Nasdaq-listed ordinary shares and one research-and-development segment rather than commercial product lines. Revenue is collaboration-driven, with Roche, Novo Nordisk, and Bristol Myers Squibb controlling or co-developing the most advanced clinical assets.

Execution now centers on supporting partnered trials, rebuilding wholly owned preclinical programs, and managing a smaller organization after birtamimab was discontinued. The business depends on trial outcomes, partner advancement decisions, milestone receipts, and regulatory approvals for investigational drugs.

Company facts

CEOGene G. Kinney, Ph.D.
ListedDec 21, 2012
ExchangeNASDAQ
HeadquartersDublin, Ireland
CountryIreland
Employees67
CIK0001559053
ISINIE00B91XRN20

Market cap$445.5M
EPS (ttm)−$0.8400
P/E (ttm)−10.13
ROE-15.0%
P/B1.55
P/S8.17
Dividend yieldDiv yield
Beta1.09vs XLV 0.85

Price target$30.00+252.5%Average of 28 analysts
ConsensusBuy20 of 28 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 24, 2026H.C. WainwrightReiterate
Rating: Target: $20
Rating: BuyTarget: $30
Mar 13, 2026Stifel NicolausTarget
Target:
Target: $19
Dec 1, 2025JMP SecuritiesTarget
Target: $11
Target: $19
Dec 1, 2025Deutsche BankTarget
Target:
Target: $19
Oct 28, 2025Piper SandlerReiterate
Rating: Target:
Rating: OverweightTarget: $36

Next report
Nov 5, 26
in 44 days
EPS estimate
−$0.38
Revenue estimate
$9.6M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported−$1.08−$1.12−$1.86−$0.67−$0.44$0.60−$0.32Pending
Estimate−$1.02−$0.92−$1.11−$0.60−$0.45−$0.31−$0.39−$0.38
Surprise−5.9%−21.7%−67.6%−11.7%+2.2%+293.5%+17.9%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$2.1M$2.8M$4.4M$2.4M$21.0K$51.1M$1.0MPending
Estimate$7.5M$15.3M$6.6M$666.7K$1.3M$808.9K$421.7K$9.6M
Surprise−71.8%−81.6%−33.4%+262.2%−98.4%+6,215.2%+139.5%
Estimate−$0.38
ReportedDue Nov 5, 2026
Estimate$9.6M
ReportedDue Nov 5, 2026
View details

Debt to equity2.40%
Current ratio2,504.80%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$970.0K$2.1M$2.8M$4.4M$2.4M$21.0K$51.1M$1.0M
Net income−$59.0M−$58.0M−$60.2M−$125.8M−$36.5M−$21.6M$32.7M−$18.6M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%64.1%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$66.5M−$64.9M−$65.6M−$84.6M−$40.2M−$27.2M$25.8M−$21.1M
YoY growthTurned lossLoss narrowedLoss narrowedTurned lossLoss narrowedLoss narrowedTurned profitLoss narrowed

Balance sheet, Jun 30, 2026Cash & short-term investments $288.2M · Total debt $7.0M · Total assets $302.6M · Shareholders' equity $286.9M

Revenue
$1.0M
Operating income
−$21.1M
Net income
−$18.6M
View details

No dividends on record.

Institutions92.75%47.62M shares
197 holders · as of Jun 30, 2026
Insiders20.43%10.49M shares
11 holders · as of Sep 21, 2026
Strategic holders10.33%5.30M shares
1 holder · as of May 6, 2025
Adds to123.51%

51.34M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 123.51%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
FMR LLCInstitution
14.02%7.20Mas of Jun 30, 2026
William P. Scully1Insider10 percent owner
10.86%5.38Mfiled Sep 21, 2026
EcoR1 Capital, LLCStrategic10 percent owner
10.33%5.30Mfiled May 6, 2025
Rubric Capital Management LPInstitution
9.74%5.00Mas of Jun 30, 2026
BlackRock, Inc.Institution
9.48%4.87Mas of Jun 30, 2026
  1. William P. Scully's transaction reports restate only vehicles that traded; the 2026 ownership statement (5.38M) plus the 194.5K net shares acquired since is used instead.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 18, 2026William P. Scully10 percent owner+100,000$8.43
Sep 2, 2026William P. Scully10 percent owner+27,000$9.47
Aug 20, 2026William P. Scully10 percent owner+50,000$8.79
Aug 7, 2026William P. Scully10 percent owner+37,500$8.62
Jul 29, 2026Michael John Isaacsofficer: General Counsel & Company Sec.−8,386$8.47
View details

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