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Protagonist Therapeutics (PTGX): analyst forecast and price target

$129 −5.71% close 16.10.26 · market cap $8.8B · Healthcare · Biotechnology IWM 0.29%
Price targets and ratings of

Analyst consensus

Strong Buy

9 Buy0 Hold0 Sell

Ratings of 9 analysts in the last 3 months · top analysts only

12-month forecast

$170+31.7% upside

Based on 9 price targets given in the last 3 months, the average target is $170, the highest $182, the lowest $149. The average is +31.7% from the last price of $129.

$100$150Jan 26AprJulOctJan 27AprJulOctHigh$182Average$170Low$149
Highest target $182 Average target $170 Lowest target $149
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Geoff Meacham★★★★★★★★★★#407 · hits 60% · avg +15.3% Citi $182 Buy +41.4% Reiterated 15.10.26on TipRanks 07:50 −0.1%next day −4.6%
Etzer Darout★★★★★★★★★★#105 · hits 63% · avg +31.4% Barclays $180 Buy +39.8% Reiterated 13.10.26on TipRanks 04:50 −4.4%next day −0.5%
Unknown Analyst Leerink Partners $150 → $190+26.7% Buy +47.6% Assigned 12.10.26on TipRanks 08:15 +0.9%next day −4.4%
Name not given — $184 Buy +42.9% Initiated 12.10.26on TipRanks 05:40 +0.9%next day −4.4%
Geoff Meacham★★★★★★★★★★#407 · hits 60% · avg +15.3% Citi $175 → $182+4.0% Buy +41.4% Reiterated 09.09.26on TipRanks Sep 10 06:10 −0.1%next day +0.6% · 5 days −0.5%
Srikripa Devarakonda★★★★★★★★★★#200 · hits 62% · avg +26.3% Truist Financial — Buy — Reiterated 01.09.26on TipRanks 08:05 −0.2%next day −0.7% · 5 days −1.0%
Douglas Tsao★★★★★★★★★★#207 · hits 56% · avg +24.3% H.C. Wainwright $167 → $170+1.8% Buy +32.0% Assigned 01.09.26on TipRanks Aug 31 08:30 +2.7%next day −0.2% · 5 days −1.1%
Richard Law CFA★★★★★★★★★★#3237 · hits 50% · avg +9.1% Goldman Sachs $186 Buy +44.5% Reiterated 31.08.26on TipRanks Sep 1 09:05 +2.7%next day −0.2% · 5 days −1.1%
Brian Cheng★★★★★★★★★★#1122 · hits 55% · avg +14.0% J.P. Morgan $149 Buy +15.7% Reiterated 31.08.26on TipRanks Sep 1 08:30 +2.7%next day −0.2% · 5 days −1.1%
Etzer Darout★★★★★★★★★★#105 · hits 63% · avg +31.4% Barclays $153 → $180+17.6% Buy +39.8% Reiterated 31.08.26on TipRanks Sep 1 03:50 +2.7%next day −0.2% · 5 days −1.1%
Kaveri Pohlman★★★★★★★★★★#1640 · hits 40% · avg +12.9% Clear Street $173 Buy +34.4% Reiterated 31.08.26on TipRanks 20:30 −0.2%next day −0.7% · 5 days −1.0%
Jonathan Wolleben★★★★★★★★★★#249 · hits 53% · avg +23.6% Citizens JMP $165 → $170+3.0% Buy +32.0% Reiterated 31.08.26on TipRanks 14:20 +2.7%next day −0.2% · 5 days −1.1%
Yun Zhong★★★★★★★★★★#12228 · hits 38% · avg −9.6% Wedbush $173 Buy +34.4% Reiterated 31.08.26on TipRanks 07:25 +2.7%next day −0.2% · 5 days −1.1%
Evan Seigerman★★★★★★★★★★#856 · hits 59% · avg +9.3% BMO Capital $178 Buy +38.3% Reiterated 30.08.26on TipRanks Aug 31 08:05 +2.7%next day −0.2% · 5 days −1.1%
Tara Bancroft★★★★★★★★★★#361 · hits 55% · avg +30.3% TD Cowen $155 Buy +20.4% Reiterated 05.08.26on TipRanks Aug 6 06:00 +1.3%next day +6.6% · 5 days +10.3%
Unknown Analyst Jefferies $121 Buy −6.0% Reiterated 16.07.26on TipRanks Jul 17 00:05 −2.0%next day +7.7% · 5 days +4.3%
Unknown Analyst Leerink Partners $107 → $110+2.8% Buy −14.6% Reiterated 19.03.26on TipRanks 11:45 +5.0%next day −1.3% · 5 days +2.4%
Julian Harrison★★★★★★★★★★#42 · hits 57% · avg +53.4% BTIG $82.00 Buy −36.3% Reiterated 03.11.25on TipRanks Nov 4 10:45 −3.6%next day +1.9% · 5 days +9.9%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering Protagonist Therapeutics

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Brian Cheng★★★★★★★★★★J.P. Morgan · #1122
Hits 55%121 of 221 Average return +14.0%
1 year Yun Zhong★★★★★★★★★★Wedbush · #12228
Hits 38%122 of 324 Average return −9.6%
2 years Julian Harrison★★★★★★★★★★BTIG · #42
Hits 57%246 of 430 Average return +53.4%

Most profitable

3 months Jonathan Wolleben★★★★★★★★★★Citizens JMP · #249
Hits 53%267 of 500 Average return +23.6%
1 year Yun Zhong★★★★★★★★★★Wedbush · #12228
Hits 38%122 of 324 Average return −9.6%
2 years Julian Harrison★★★★★★★★★★BTIG · #42
Hits 57%246 of 430 Average return +53.4%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $167 at a price of $141 (+18.5%); now: $174 at $129 (+35.3%).

$140$160Sep 15Oct 1Oct 15Top analysts$170Average target$174Price$129

PriceAverage targetTop analysts’ target

Recommendation trend · top analysts

01020118Oct 2524Nov23Dec19Jan 2617Feb22Mar18Apr19May11Jun14Jul17Aug20Sep17Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy191114172017
Hold000000
Sell000000

Earnings and sales forecast

Next report: 05.11.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $2.39 (from $0.13 to $3.40). Last quarter: $2.29.

Sales

Next quarter’s sales estimate — $230M (from $82M to $287M). Last quarter: $213M.

Best top-analyst consensus in the sector · Healthcare

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About Protagonist Therapeutics

Protagonist Therapeutics, Inc. is a biopharmaceutical firm dedicated to discovering and advancing peptide-based therapies. Their research primarily focuses on treatments for hematological and blood conditions, as well as inflammatory and immune-mediated disorders. The company's pipeline features rusfertide (PTG-300), an injectable hepcidin mimetic currently undergoing Phase II clinical trials for the management of polycythemia vera, hereditary hemochromatosis, and other blood-related ailments. Also in Phase II development is PN-943, an oral peptide engineered as a specific antagonist of alpha-4-beta-7 integrin, intended for addressing inflammatory bowel disease (IBD). Furthermore, they are progressing PN-235, an orally administered antagonist specifically targeting the interleukin-23 receptor, designed for both IBD and various non-IBD therapeutic applications. Protagonist Therapeutics maintains a licensing and collaborative agreement with Janssen Biotech, Inc. Founded in 2006, the company's headquarters are located in Newark, California.

Data from the stock’s TipRanks forecast page, read 51 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗