TARA · NASDAQ · Biotechnology

Protara Therapeutics (TARA)

Develops investigational therapies for cancer, lymphatic malformations, and patients receiving parenteral support.

$3.59
vs last close−0.09 (−2.58%)
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Protara Therapeutics, Inc.TARA
Health Care

Develops TARA-002 for non-muscle-invasive bladder cancer and lymphatic malformations, alongside IV Choline Chloride for patients receiving parenteral support. The clinical-stage company has reported no product revenue.

Advances two investigational programs for cancer, rare-disease, and parenteral-support settings. Its portfolio consists of TARA-002 and IV Choline Chloride. Both programs remain investigational.

TARA-002 is a cell-based therapy in development for non-muscle-invasive bladder cancer and lymphatic malformations. IV Choline Chloride is being developed for patients receiving parenteral support.

Its current operating business entered the public market through a reverse merger after private ArTara merged with Proteon and is headquartered in New York. The company has reported no revenue since inception and says additional capital is needed to fully realize its plans.

Company facts

CEOJesse Shefferman
ListedJan 10, 2020
ExchangeNASDAQ
HeadquartersNew York, NY
CountryUnited States
Employees51
CIK0001359931
ISINUS74365U1079

Market cap$206.8M
EPS (ttm)−$1.36
P/E (ttm)−2.71
ROE-41.7%
P/B1.28
P/S
Dividend yieldDiv yield
Beta0.98vs XLV 1.02

Price target$12.00+226.1%Average of 6 analysts
ConsensusBuy6 of 6 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

No analyst notes in the last 24 months.

Next report
Nov 9, 26
estimated · in 47 days
EPS estimate
−$0.37
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.48−$0.29−$0.35−$0.31−$0.37−$0.31−$0.36Pending
Estimate−$0.57−$0.47−$0.43−$0.39−$0.32−$0.36−$0.33−$0.37
Surprise+15.8%+38.3%+18.6%+20.5%−15.6%+13.9%−10.5%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$180.0KPending
Estimate
Surprise
Estimate−$0.37
ReportedDue Nov 9, 2026
Estimate
ReportedDue Nov 9, 2026
View details

Debt to equity1.70%
Current ratio1,097.30%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$11.2M−$12.8M−$11.9M−$15.0M−$13.3M−$17.3M−$17.8M−$21.7M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$12.3M−$14.3M−$14.1M−$16.6M−$14.8M−$19.1M−$19.6M−$23.3M
YoY growthLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $17.1M · Total debt $2.7M · Total assets $176.1M · Shareholders' equity $161.3M

Revenue
$0
Operating income
−$23.3M
Net income
−$21.7M
View details

No dividends on record.

Institutions≈ 78.24%46.24M shares
123 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders1.86%1.10M shares
7 holders · as of Jul 1, 2026
Strategic holders8.81%5.21M shares
1 holder · as of May 15, 2026
Other≈ 11.09%6.55M shares
remainder

59.10M company shares as of Sep 23, 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
Janus Henderson Group PLCStrategic
8.81%5.21Mfiled May 15, 2026
Jupiter Topco LLCInstitution
7.95%4.70Mas of Jun 30, 2026
BlackRock, Inc.Institution
6.20%3.66Mas of Jun 30, 2026
Millennium Management LLCInstitution
5.25%3.10Mas of Jun 30, 2026
Velan Capital Investment Management LPInstitution
4.81%2.84Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 29, 2026Jesse Sheffermandirector, officer: CEO and President−215,687$4.09
Apr 8, 2026Jacqueline Zummoofficer: Chief R&D Officer−1,134$5.40
Apr 1, 2026Jacqueline Zummoofficer: Chief R&D Officer−22,598$5.26
View details

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