Prothena (PRTA) Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prothena in the last twelve months. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PRTA shares.
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9 Wall Street analysts have issued 1 year price objectives for Prothena's shares. Their PRTA share price forecasts range from $55.00 to $120.00. On average, they predict the company's stock price to reach $86.33 in the next twelve months. This suggests a possible upside of 25.1% from the stock's current price.
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Prothena's stock was trading at $60.25 at the start of the year. Since then, PRTA shares have increased by 14.5% and is now trading at $69.01.
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The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
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Prothena Co. plc (NASDAQ:PRTA) issued its quarterly earnings data on Thursday, May, 4th. The biotechnology company reported ($0.89) earnings per share for the quarter, missing analysts' consensus estimates of ($0.83) by $0.06. The biotechnology company had revenue of $2.17 million for the quarter, compared to analysts' expectations of $7.53 million. Prothena had a negative trailing twelve-month return on equity of 24.99% and a negative net margin of 232.19%. Prothena's revenue for the quarter was up 88.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.78) earnings per share.

ETFs with the largest weight of Prothena (NASDAQ:PRTA) stock in their portfolio include iShares Neuroscience and Healthcare ETF (IBRN), ALPS Medical Breakthroughs ETF (SBIO), SPDR S&P Biotech ETF (XBI), Virtus LifeSci Biotech Clinical Trials ETF (BBC), Direxion Daily S&P Biotech Bull 3x Shares (LABU), Principal Healthcare Innovators ETF (BTEC), iShares Micro-Cap ETF (IWC) and First Trust Nasdaq Pharmaceuticals ETF (FTXH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Prothena investors own include Cara Therapeutics (CARA), Actinium Pharmaceuticals (ATNM), ArcelorMittal (MT), Merck & Co., Inc. (MRK), Energous (WATT), BioLineRx (BLRX), Gilead Sciences (GILD), Exelixis (EXEL) and ACADIA Pharmaceuticals (ACAD).

Prothena trades on the NASDAQ under the ticker symbol "PRTA."

Prothena's stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (12.82%), BlackRock Inc. (6.87%), Price T Rowe Associates Inc. MD (6.07%), Wellington Management Group LLP (4.30%), State Street Corp (3.99%) and Palo Alto Investors LP (3.15%). Insiders that own company stock include Carol D Karp, Christopher S Henney, Christopher S Henney, Dennis J Selkoe, Dennis J Selkoe, Ecor1 Capital, Llc, Gene G Kinney, Hideki Garren, Karin L Walker, Karin L Walker, Lars Ekman, Michael J Malecek, Michael J Malecek, Richard T Collier, Shane Cooke, Tran Nguyen and Wagner M Zago.
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Shares of PRTA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PRTA stock can currently be purchased for approximately $69.01.

Prothena (NASDAQ:PRTA) has a market capitalization of $3.64 billion and generates $54.92 million in revenue each year. The biotechnology company earns $-116,950,000.00 in net income (profit) each year or ($2.62) on an earnings per share basis.

Prothena's mailing address is 77 SIR JOHN ROGERSON`S QUAY BLOCK C GRAND CANAL DOCKLANDS, DUBLIN 2 L2, D02 T804. The official website for the company is www.prothena.com. The biotechnology company can be reached via phone at (531) 236-2500, via email at ellen.rose@prothena.com, or via fax at 353-1902-3510.