Prothena - PRTA Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prothena in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PRTA shares.
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8 equities research analysts have issued 1-year price objectives for Prothena's stock. Their PRTA share price forecasts range from $55.00 to $120.00. On average, they anticipate the company's share price to reach $82.50 in the next twelve months. This suggests a possible upside of 75.3% from the stock's current price.
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Prothena's stock was trading at $60.25 on January 1st, 2023. Since then, PRTA shares have decreased by 21.9% and is now trading at $47.07.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
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Prothena Co. plc (NASDAQ:PRTA) released its quarterly earnings results on Thursday, February, 23rd. The biotechnology company reported $0.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.64) by $0.76. The biotechnology company earned $49.90 million during the quarter, compared to analysts' expectations of $29.14 million. Prothena had a negative net margin of 216.95% and a negative trailing twelve-month return on equity of 24.98%. The business's revenue was up 4058.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.71) 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), Principal Healthcare Innovators ETF (BTEC), Direxion Daily S&P Biotech Bull 3x Shares (LABU), iShares Micro-Cap ETF (IWC) and Invesco DWA SmallCap Momentum ETF (DWAS).

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 retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (6.63%), Avidity Partners Management LP (6.10%), First Light Asset Management LLC (3.17%), Dimensional Fund Advisors LP (2.73%), T. Rowe Price Investment Management Inc. (1.92%) and Geode Capital Management LLC (1.48%). 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 $47.07.

Prothena (NASDAQ:PRTA) has a market capitalization of $2.47 billion and generates $53.90 million in revenue each year. The biotechnology company earns $-116,950,000.00 in net income (profit) each year or ($2.51) 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.