Purple Biotech (PPBT) Stock Price, News & Analysis

Company Overview

Purple Biotech Ltd., a clinical-stage company, focuses on developing therapies to overcome tumor immune evasion and drug resistance for cancer patients in the United States. Its oncology pipeline includes CM24, a humanized monoclonal antibody that blocks the interactions of carcinoembryonic antigen related cell adhesion molecule 1 as a combination therapy with anti-PD-1 checkpoint inhibitors, which is in Phase 2 clinical trial for the treatment of pancreatic ductal adenocarcinoma; NT219, a small molecule that targets and inhibits insulin receptor substrate 1 and 2, and signal transducer and activator of transcription, which is in Phase 1/2 clinical trials for the treatment recurrent and/or metastatic squamous cell carcinoma of the head and neck cancer or colorectal adenocarcinoma; and IM1240, a multi-valent antibody designed to activate anti-tumoral immune response against 5T4-positive tumors, which is in preclinical stage. The company has collaboration agreement with Bristol Myers Squibb Company to evaluate the combination of CM24 with the PD-1 inhibitor nivolumab in addition to chemotherapy. The company was formerly known as Kitov Pharma Ltd and changed its name to Purple Biotech Ltd. in December 2020. The company is headquartered in Rehovot, Israel.

Key Stats

• Today's Range: $1.34 to $1.67
• 50-Day Range: $1.33 to $3.09
• 52-Week Range: $1.16 to $24.00
• Volume: 973,769 shs
• Average Volume: 27,296 shs
• Market Capitalization: $1.40 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $30.00
• Consensus Rating: Hold

Purple Biotech Stock Analysis - MarketRank™

Purple Biotech scored higher than 69% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

Purple Biotech has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, 1 hold rating, and 1 sell rating.

Upside Potential

Purple Biotech has a consensus price target of $30.00, representing about 1,900.0% upside from its current price of $1.50.

Amount of Analyst Coverage

Purple Biotech has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Purple Biotech are expected to grow in the coming year, from ($5.31) to ($0.88) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Purple Biotech is -0.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Purple Biotech is -0.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Purple Biotech has a P/B Ratio of 0.14. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.03% of the float of Purple Biotech has been sold short.

Short Interest Ratio / Days to Cover

Purple Biotech has a short interest ratio ("days to cover") of 0.51, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Purple Biotech has recently decreased by 32.57%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Purple Biotech does not currently pay a dividend.

Dividend Growth

Purple Biotech does not have a long track record of dividend growth.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.50

News Sentiment

Purple Biotech has a news sentiment score of 1.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Healthcare companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Purple Biotech this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.2 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Purple Biotech insiders have not sold or bought any company stock.

Percentage Held by Insiders

2.98% of the stock of Purple Biotech is held by insiders.

Percentage Held by Institutions

9.64% of the stock of Purple Biotech is held by institutions.

Company Calendar

• Last Earnings: 5/16/2026
• Today: 8/10/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Healthcare
• Industry: Biotechnology
• Sub-Industry: Biotechnology
• Current Symbol: NASDAQ:PPBT
• Previous Symbol: NASDAQ:KTOV
• CIK: 1614744
• Web: www.kitovpharma.com
• Phone: (723) 933-3121
• Fax: 972-153-39333121
• Employees: 20
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Purple Biotech: $30.00
• High Price Target: $30.00
• Low Price Target: $30.00
• Potential Upside/Downside: +1,900.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): ($23.25)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$26.39 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -136.79%
• Return on Assets: -100.38%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.48
• Quick Ratio: 1.48

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $10.39 per share
• Price / Book: 0.14

Miscellaneous

• Outstanding Shares: 930,000
• Free Float: 901,000
• Market Cap: $1.40 million
• Optionable: Optionable
• Beta: 0.67