View ValuationProKidney 将来の成長Future 基準チェック /26ProKidney利益と収益がそれぞれ年間17.1%と63.1%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に-82.6% 23.3%なると予測されています。主要情報17.1%収益成長率23.31%EPS成長率Biotechs 収益成長25.5%収益成長率63.1%将来の株主資本利益率-82.64%アナリストカバレッジGood最終更新日19 May 2026今後の成長に関する最新情報Price Target Changed • May 18Price target increased by 12% to US$7.30Up from US$6.50, the current price target is an average from 6 analysts. New target price is 353% above last closing price of US$1.61. Stock is up 99% over the past year. The company is forecast to post a net loss per share of US$0.49 next year compared to a net loss per share of US$0.52 last year.Major Estimate Revision • Mar 25Consensus revenue estimates increase by 110%, EPS downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from US$220.0k to US$460.0k. EPS estimate fell from -US$0.734 to -US$0.772 per share. Biotechs industry in the US expected to see average net income decline 12% next year. Consensus price target of US$6.25 unchanged from last update. Share price fell 12% to US$1.83 over the past week.Price Target Changed • Dec 18Price target increased by 16% to US$6.50Up from US$5.60, the current price target is an average from 6 analysts. New target price is 177% above last closing price of US$2.35. Stock is up 53% over the past year. The company is forecast to post a net loss per share of US$0.70 next year compared to a net loss per share of US$0.62 last year.Major Estimate Revision • Nov 17Consensus EPS estimates fall by 102%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$430.0k to US$410.0k. Losses expected to increase from US$0.53 per share to US$1.07. Biotechs industry in the US expected to see average net income decline 10% next year. Consensus price target of US$5.40 unchanged from last update. Share price fell 11% to US$2.41 over the past week.Major Estimate Revision • Aug 19Consensus revenue estimates increase by 80%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from US$180.0k to US$330.0k. Forecast losses expected to reduce from -US$0.564 to -US$0.479 per share. Biotechs industry in the US expected to see average net income decline 12% next year. Consensus price target up from US$5.60 to US$5.83. Share price rose 4.0% to US$2.33 over the past week.Price Target Changed • Jul 10Price target increased by 15% to US$4.60Up from US$4.00, the current price target is an average from 5 analysts. New target price is 11% below last closing price of US$5.18. Stock is up 116% over the past year. The company is forecast to post a net loss per share of US$0.56 next year compared to a net loss per share of US$0.62 last year.すべての更新を表示Recent updatesPrice Target Changed • May 18Price target increased by 12% to US$7.30Up from US$6.50, the current price target is an average from 6 analysts. New target price is 353% above last closing price of US$1.61. Stock is up 99% over the past year. The company is forecast to post a net loss per share of US$0.49 next year compared to a net loss per share of US$0.52 last year.Reported Earnings • May 18First quarter 2026 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2026 results: US$0.14 loss per share (further deteriorated from US$0.13 loss in 1Q 2025). Net loss: US$20.0m (loss widened 20% from 1Q 2025). Revenue is forecast to grow 66% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, earnings per share has fallen by 40% per year whereas the company’s share price has fallen by 45% per year.お知らせ • Apr 21ProKidney Corp., Annual General Meeting, May 28, 2026ProKidney Corp., Annual General Meeting, May 28, 2026. Location: 399 boylston street, suite 350, massachusetts 02116, boston United Statesお知らせ • Mar 26Prokidney Corp. Appoints Greg Madison as Chief Commercial OfficerProKidney Corp. announced the appointment of Greg Madison as Chief Commercial Officer. In this role, Mr. Madison will drive ProKidney’s commercial strategy as the company advances towards the potential commercialization of rilparencel. Mr. Madison brings more than two decades of executive leadership experience across commercial strategy, general management, launch planning, business development, and company building in both clinical and commercial-stage biopharmaceutical companies. Most recently, he served as Chief Executive Officer of Shield Therapeutics plc, where he redesigned the commercial strategy, identified and led a transformative business development transaction, and raised capital to position the company on a path to profitability. Previously, he was Chief Executive Officer of Melt Pharmaceuticals, creating the company and advancing a novel sublingual combination drug from preclinical to Phase 2. Prior to that, he served as President and CEO of Keryx Biopharmaceuticals, leading its evolution from a clinical to commercial-stage organization, launching a novel iron-based phosphate binder for dialysis patients, and advancing a second indication for iron deficiency anemia. Earlier in his career, Mr. Madison was Executive Vice President and Chief Commercial Officer of AMAG Pharmaceuticals, and Vice President/General Manager of the Global Renal Business at Genzyme, where he helped drive Renagel/Renvela to blockbuster status with over $1 billion in annual revenue.Major Estimate Revision • Mar 25Consensus revenue estimates increase by 110%, EPS downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from US$220.0k to US$460.0k. EPS estimate fell from -US$0.734 to -US$0.772 per share. Biotechs industry in the US expected to see average net income decline 12% next year. Consensus price target of US$6.25 unchanged from last update. Share price fell 12% to US$1.83 over the past week.Price Target Changed • Dec 18Price target increased by 16% to US$6.50Up from US$5.60, the current price target is an average from 6 analysts. New target price is 177% above last closing price of US$2.35. Stock is up 53% over the past year. The company is forecast to post a net loss per share of US$0.70 next year compared to a net loss per share of US$0.62 last year.Major Estimate Revision • Nov 17Consensus EPS estimates fall by 102%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$430.0k to US$410.0k. Losses expected to increase from US$0.53 per share to US$1.07. Biotechs industry in the US expected to see average net income decline 10% next year. Consensus price target of US$5.40 unchanged from last update. Share price fell 11% to US$2.41 over the past week.Recent Insider Transactions • Nov 16Independent Director recently sold US$1.9m worth of stockOn the 13th of November, Brian Jude Pereira sold around 757k shares on-market at roughly US$2.49 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.お知らせ • Nov 06Prokidney Corp. Presents Full Results from the Phase 2 Regen-007 Trial of Rilparencel At the American Society of Nephrology Kidney Week 2025ProKidney Corp. presented full results from the Phase 2 REGEN-007 trial evaluating rilparencel in patients with advanced CKD and diabetes. The data, featured in a late-breaking clinical trials presentation at the American Society of Nephrology (ASN) Kidney Week 2025, further demonstrate the potential of rilparencel to preserve kidney function in patients with advanced CKD and diabetes who are at high risk of kidney failure and have limited therapeutic options. The full Phase 2 trial results presented at ASN Kidney Week 2025 add to the body of clinical data for rilparencel that support the ongoing registrational Phase 3 PROACT 1 study. A first-of-its-kind, proprietary, autologous cell therapy, rilparencel has the potential to be a novel treatment for advanced CKD and diabetes, offering patients an alternative therapeutic option to delay or prevent the need for dialysis. REGEN-007 was a multi-center Phase 2 open-label 1:1 randomized two-arm trial in patients with advanced CKD and diabetes. Eligible participants were assigned to one of two treatment groups using different dosing regimens. Group 1 replicated the dosing schedule of the ongoing Phase 3 PROACT 1 study in which patients receive two scheduled rilparencel injections (one in each kidney), approximately three months apart. Group 2 tested an exploratory dosing regimen to investigate whether disease progression triggers, rather than a time-based trigger, could optimize multiple doses of rilparencel. Group 2 received one injection and a second only if a re-dosing trigger was met within 15 months after the first injection. Participants were followed up to 18 months after their last injection. Overall, 87 rilparencel injections in 49 participants were performed during the study. The primary efficacy endpoint was change in eGFR slope from the pre-injection period to the period after the last injection analyzed using a linear mixed model. The primary safety endpoint was the percentage of participants with procedure- and investigational product-related treatment-emergent adverse events (TEAEs). In Group 1 (n=24), bilateral kidney injection with rilparencel resulted in a 4.6 mL/min/1.73m2 improvement in the annual decline in eGFR slope; this 78% improvement was statistically significant and clinically meaningful (p<0.001). Among Group 1 patients, 15 of 24 (63%) met key Phase 3 PROACT 1 inclusion criteria; in this subgroup, bilateral kidney injection resulted in a 5.5 mL/min/1.73m2 improvement in the annual decline in eGFR slope; this 85% improvement was statistically significant and clinically meaningful (p=0.005). Group 2 (n=25) tested an exploratory dosing regimen that resulted in 10 of 25 (40%) patients receiving only one rilparencel injection; following treatment with rilparencel, the annual decline in eGFR slope improved by 1.7 mL/min/1.73m2, or 50%; this improvement was not statistically significant (p=0.085) but suggests evidence of a dose response. Post-hoc analysis of patient subgroups on standard-of-care (SOC) medications, including sodium-glucose cotransporter-2 inhibitors (SGLT2i) and glucagon-like peptide-1 receptor agonists (GLP-1 RA), suggest rilparencel had a treatment effect incremental to that observed with SOC. Rilparencel was well tolerated and had an acceptable safety profile. In Group 1 (N = 24, mITT), the annual eGFR slope before injection was -5.84 mL/min/1.73m² (95% CI: -7.97 to -3.70), and after the last injection it was -1.27 mL/min/1.73m² (95% CI: -3.97 to 1.43). This represents an absolute improvement of 4.57 mL/min/1.73m² (95% CI: 1.95 to 7.18) and a relative improvement of 78%. In Group 2 (N = 25, mITT), the annual eGFR slope before injection was -3.40 mL/min/1.73m² (95% CI: -5.03 to -1.77), and after the last injection it was -1.71 mL/min/1.73m² (95% CI: -3.78 to 0.36). This corresponds to an absolute improvement of 1.70 mL/min/1.73m² (95% CI: -0.24 to 3.63) and a relative improvement of 50%.お知らせ • Oct 21ProKidney Corp. Announces Two Abstracts Selected for Presentation at the American Society of Nephrology's Kidney Week 2025ProKidney Corp. announced that the Company will present two posters, including a late-breaking poster on the Phase 2 REGEN-007 study results, at the upcoming American Society of Nephrology's (ASN) Kidney Week being held from November 6-9, 2025, in Houston, TX.Major Estimate Revision • Aug 19Consensus revenue estimates increase by 80%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from US$180.0k to US$330.0k. Forecast losses expected to reduce from -US$0.564 to -US$0.479 per share. Biotechs industry in the US expected to see average net income decline 12% next year. Consensus price target up from US$5.60 to US$5.83. Share price rose 4.0% to US$2.33 over the past week.New Risk • Aug 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (66% average daily change). Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Revenue is less than US$1m (US$527k revenue). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (US$132m net loss in 3 years).お知らせ • Jul 15+ 1 more updateProKidney Corp. Announces Alignment with the FDA on the Accelerated Approval Pathway for RilparencelProKidney Corp. announced confirmation of alignment with the U.S. Food and Drug Administration (FDA) on the accelerated approval pathway for rilparencel. Rilparencel is an autologous cellular therapy that received Regenerative Medicine Advanced Therapy (RMAT) designation from the FDA and currently is being evaluated in the ongoing Phase 3 REGEN-006 (PROACT 1) trial to demonstrate the therapy's potential to preserve kidney function in patients with advanced CKD and type 2 diabetes. In a recent Type B meeting, the FDA confirmed that the slope of estimated glomerular filtration rate (eGFR) in patients from the ongoing Phase 3 PROACT 1 study can serve as the surrogate endpoint and primary basis for a Biologics License Application (BLA) submission of rilparencel under the accelerated approval pathway. The FDA agreed that a rilparencel effect size (versus sham controls) of at least 1.5 mL/min/1.73m2/year improvement would be an acceptable demonstration of efficacy in the setting of patients receiving appropriate standard of care therapies. About the Phase 3 REGEN-006 is an ongoing Phase 3, randomized, blinded, sham controlled safety and efficacy study of rilparenceL in subjects with advanced CKD and type2 diabetes. Factors that may cause such differences include, but are not limited to: disruptions to business or that may otherwise materially harm results of operations or financial condition as a result of recent domesticication to the United States; the inability to maintain the listing of the Company's Class A common stock on Nasdaq; the inability of the company's Class A common stock to remain included in various indications and the potential negative impact on the trading price of the Class A common stock if excluded from such indications; the inability to implement business plans, forecasts, and other expectations or identify and realize additional opportunities, which may be affected by, among other things, competition and the ability of the Company to grow and manage growth profitably and retain its key employees; the risk of downturns and a changing regulatory landscape in the highly competitive biotechnology industry; the risk that results of the Company's clinical trials may not support approval; the risk that the FDA could require additional studies before approving the Company's drug candidates; the inability of the Company to raise financing in the future; the ability of the Company to obtain and maintain regulatory clearance or approval for its products, and any related restrictions and limitations of any cleared or approved product; the inability of the Company. The inability of the Company to identify, in-license or acquire additional technology; the inability of Comany to compete with other companies currently marketing or engaged in the biologics market and in the area of treatment of kidney diseases; the size and growth potential of the markets for the Company's products, if approved, and its ability to serve those markets, either alone or in partnership with others; the Company's estimates regarding expenses, future revenue, capital requirements and needs for additional financing; the Company's financial performance; the Company's intellectual property rights; uncertainties inherent in cell therapy research and development, including the actual time it takes to initiate and complete clinical studies and the timing and content of decisions made by regulatory authorities; the fact that interim results from clinical programs may not be indicative of future results; the impact of geo- political conflict on the Company's business.Price Target Changed • Jul 10Price target increased by 15% to US$4.60Up from US$4.00, the current price target is an average from 5 analysts. New target price is 11% below last closing price of US$5.18. Stock is up 116% over the past year. The company is forecast to post a net loss per share of US$0.56 next year compared to a net loss per share of US$0.62 last year.お知らせ • Jul 08Prokidney Corp. Reports Statistically and Clinically Significant Topline Results for the Phase 2 Regen-007 Trial Evaluating Rilparencel in Patients with Chronic Kidney Disease and DiabetesProKidney Corp. reported statistically significant and clinically meaningful positive topline results from the full Group 1 modified intent-to-treat (mITT) population of the Phase 2 REGEN-007 trial evaluating rilparencel in patients with CKD and diabetes. Rilparencel is an autologous cellular therapy that has received Regenerative Medicine Advanced Therapy (RMAT) designation from the U.S. Food & Drug Administration (FDA) and is currently being evaluated in the ongoing Phase 3 REGEN-006 (PROACT 1) trial to demonstrate the therapy's potential to preserve kidney function in patients with advanced CKD and type 2 diabetes. Phase 2 REGEN-007 is a multi-center Phase 2 open-label 1:1 randomized two-arm trial in patients with diabetes, CKD, and an estimated glomerular filtration rate (eGFR) of 20-50 mL/min/1.73m2. At randomization, patients were assigned to one of two treatment groups using different dosing regimens. Group 1 replicated the dosing schedule of the ongoing Phase 3 PROACT 1 study in which patients received two scheduled rilparencel injections (one in each kidney), approximately three months apart. In Group 2, patients received a single rilparencel injection in one kidney and a second injection in the contralateral kidney only if triggered by a sustained eGFR decline from baseline of 20%, and/or an increase in the urine albumin to creatinine ratio (UACR) from baseline of 30% and 30 mg/g. The prespecified primary endpoint for REGEN-007 is the difference in annual eGFR slope (cal calculated using a linear mixed effects model) in the pre-injection period versus the period following the last rilparenceljection. The pre-injection period included all historical eGFR values collected up to 24 months before the screening visit as well as a dose response in Group 2.Price Target Changed • Jun 30Price target decreased by 14% to US$4.00Down from US$4.67, the current price target is an average from 5 analysts. New target price is 576% above last closing price of US$0.59. Stock is down 76% over the past year. The company is forecast to post a net loss per share of US$0.56 next year compared to a net loss per share of US$0.62 last year.New Risk • Jun 08New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Revenue is less than US$1m (US$306k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$157m net loss in 3 years). Shareholders have been diluted in the past year (26% increase in shares outstanding).New Risk • Jun 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Revenue is less than US$1m (US$306k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$157m net loss in 3 years). Shareholders have been diluted in the past year (26% increase in shares outstanding).Major Estimate Revision • May 22Consensus revenue estimates increase by 87%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from US$90.0k to US$170.0k. Forecast losses expected to reduce from -US$0.615 to -US$0.56 per share. Biotechs industry in the US expected to see average net income decline 11% next year. Consensus price target of US$4.40 unchanged from last update. Share price fell 13% to US$0.74 over the past week.New Risk • May 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings are forecast to decline by an average of 8.4% per year for the foreseeable future. Revenue is less than US$1m (US$306k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$157m net loss in 3 years). Shareholders have been diluted in the past year (26% increase in shares outstanding).New Risk • May 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Revenue is less than US$1m (US$76k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$175m net loss in 3 years). Shareholders have been diluted in the past year (26% increase in shares outstanding).New Risk • May 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Revenue is less than US$1m (US$76k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$175m net loss in 3 years). Shareholders have been diluted in the past year (26% increase in shares outstanding).お知らせ • Apr 29ProKidney Corp., Annual General Meeting, May 29, 2025ProKidney Corp., Annual General Meeting, May 29, 2025. Location: 399 boylston street, ste. 350, boston, ma 02116, United StatesNew Risk • Apr 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Revenue is less than US$1m (US$76k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$175m net loss in 3 years). Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (26% increase in shares outstanding).New Risk • Apr 21New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 28% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Revenue is less than US$1m (US$76k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$175m net loss in 3 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding).New Risk • Apr 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 28% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Revenue is less than US$1m (US$76k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$175m net loss in 3 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding).New Risk • Apr 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$66.2m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Revenue is less than US$1m (US$76k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$175m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$66.2m market cap).New Risk • Mar 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$178m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).New Risk • Mar 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$166m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).分析記事 • Mar 03Here's Why We're Watching ProKidney's (NASDAQ:PROK) Cash Burn SituationWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...New Risk • Feb 10New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$166m net loss in 3 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).New Risk • Feb 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 14% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$166m net loss in 3 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).Seeking Alpha • Jan 312025 Will Be A Major Year For ProKidney's Rilparencel In CKD TreatmentSummary Rilparencel is ProKidney’s main candidate. It is intended as a therapy that stabilizes kidneys, making it potentially useful for CKD patients. We’ll have Rilparencel’s Phase 2 full data in 2025, as well as the potential confirmation about a “surrogate” endpoint for its Phase 3 trials. Currently, Rilparencel’s Phase 3 is planned to deliver full data by Q3 2027 if no surrogate endpoint is found that’s suitable for the FDA. The FDA confirmed in a meeting with PROK that its Phase 3 “could be sufficient” to support approval, and an accelerated pathway with a suitable surrogate endpoint is available. From a valuation perspective, PROK also seems relatively cheap and has multiple important catalysts for 2025. So, I rate it a “Buy” at these levels. Read the full article on Seeking AlphaNew Risk • Jan 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$113m net loss in 3 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).New Risk • Dec 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$113m net loss in 3 years). Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).New Risk • Dec 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$113m net loss in 3 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).New Risk • Nov 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$113m net loss in 3 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).分析記事 • Nov 18We're Hopeful That ProKidney (NASDAQ:PROK) Will Use Its Cash WiselyThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...お知らせ • Nov 12Prokidney Corp. Reports Regulatory and Clinical Development Updates Following Successful FDA Type B MeetingProKidney Corp. reported several regulatory and clinical development updates. In October, ProKidney had a Type B meeting with the U.S. Food and Drug Administration (FDA) to discuss updates to rilparencel’s registrational trial strategy. The FDA confirmed that REGEN-006 (PROACT 1), a single, large, multi-center, well-controlled Phase 3 trial designed to demonstrate substantial evidence of effectiveness and safety, could be sufficient to support a potential Biologics License Application (BLA) submission. Additionally, the FDA confirmed that the accelerated approval pathway is available to rilparencel and that the Company could consider estimated glomerular filtration rate (eGFR) slope as a surrogate endpoint for accelerated approval. ProKidney will continue to engage with the FDA, under its regenerative medicine advanced therapy (RMAT) designation, to further define the details supporting this accelerated pathway. · In late October, the Company presented five poster presentations at the American Society of Nephrology’s (ASN) Kidney Week. This included a poster presentation in the late-breaking clinical trial session on the Phase 2 REGEN-007 study, and four poster presentations focused on rilparencel’s mechanism of action (MOA) and product characteristics. REGEN-006 is an ongoing Phase 3, randomized, blinded, sham controlled safety and efficacy study of rilparencel in subjects with type 2 diabetes and advanced CKD. The study protocol was amended in 1H 2024 to focus on a subset of patients with stage 4 CKD (eGFR 20-30ml min/1.73m2) and late stage 3b CKD (eGFR 30-35ml min/1.73m2) with accompanying albuminuria (urine albumin-to-creatinine ratio, or UACR less than 5,000 mg/g for patients with eGFR 20-30ml min/1.73m2 and 300-5,000 mg/g for patients with eGFR 30-35ml min/1.73m2). The total planned enrollment is approximately 685 subjects. Subjects are randomized (1:1) to the treatment group and the sham control group prior to kidney biopsy or a sham biopsy procedure, respectively. Subjects in the treatment group are to receive the first rilparencel injection within 18 weeks of kidney biopsy. After three months it is intended that a second rilparencel injection be given into the contralateral kidney. Subjects in the control group, who previously underwent the sham biopsy procedure, are to receive two sham injections at similar time points as the treatment group. The primary objective is to assess the efficacy of up to two rilparencel injections using a minimally invasive percutaneous approach. The primary composite endpoint is the time from first injection to the earliest of: at least 40% reduction in eGFR; eGFR.New Risk • Sep 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 12% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$111m net loss in 3 years). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding).New Risk • Sep 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings are forecast to decline by an average of 7.9% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$111m net loss in 3 years). Shareholders have been diluted in the past year (23% increase in shares outstanding).お知らせ • Sep 03Prokidney Announces Strategic Updates to Its Phase 3 Program to Accelerate Rilparencel’s Registrational Path to Potential Approval in the U.SProKidney Corp. announced strategic updates to its Phase 3 program for rilparencel, an investigational treatment to potentially preserve kidney function in patients with type 2 diabetes and advanced CKD. ProKidney recently completed a comprehensive internal and external review, including engaging with ex-FDA officials and seasoned regulatory experts, to determine the optimal path to bring rilparencel to patients in the U.S. with type 2 diabetes and advanced CKD – a market where there is high unmet clinical and economic need. An important conclusion of this review is that under the provisions of the Regenerative Medicine Advanced Therapy (RMAT) designation, the Company believes rilparencel is eligible for initial FDA approval under an expedited approval pathway based upon successful completion of the ongoing Phase 3 REGEN-006 (PROACT 1) trial. ProKidney believes that the Phase 3 REGEN-016 (PROACT 2) trial is not required for initial U.S. registration. Thus, the Company will discontinue PROACT 2, which was focused on enrollment outside the U.S. With the discontinuation of PROACT 2, ProKidney now expects current cash to support operating plans into first quarter of 2027. The Company estimates the revised Phase 3 program will deliver topline results by third quarter 2027 and reduce expenses by approximately $150 to $175 million. Today’s update follows a transformational period for ProKidney over the past 10 months. In November 2023, Bruce Culleton, M.D., a nephrologist and seasoned leader of kidney care organizations, was appointed Chief Executive Officer. Under Dr. Culleton’s leadership, ProKidney has made significant progress, including the implementation of improved quality management systems to ensure compliance with global standards for commercial manufacturing and the Phase 3 program, the refinement and restart of the Phase 3 program with a renewed focus on patients with advanced CKD in the U.S., and the appointment of several key executive leaders across clinical operations, manufacturing, human resources, and business operations. The Company also released final data from the Phase 2 RMCL-002 trial and interim data from the Phase 2 REGEN-007 trial. Data from these trials suggest that rilparencel’s greatest potential therapeutic impact is in advanced CKD patients at high risk of kidney failure. This patient population aligns with feedback from payors and providers who have emphasized the need for treatment options in this population. Rilparencel was granted RMAT designation by the FDA in October 2021. RMAT designation can be granted to regenerative medicine therapies (including cell therapies) that are intended to treat, modify, reverse, or cure a serious or life-threatening disease or condition, and have preliminary clinical evidence that indicate the drug candidate has the potential to address unmet medical needs for such disease or condition. This designation is intended to facilitate an accelerated development and review process similar to the breakthrough therapy designation. With an RMAT designation for rilparencel, ProKidney will continue to work with the FDA to receive guidance on its registrational program, including guidance on clinical trial design, manufacturing, and long-term patient follow-up, as appropriate.New Risk • Aug 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$57m net loss in 3 years). Shareholders have been diluted in the past year (23% increase in shares outstanding).分析記事 • Aug 12We're Not Very Worried About ProKidney's (NASDAQ:PROK) Cash Burn RateThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...New Risk • Jul 08New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 22% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$56m net loss in 3 years). Shareholders have been diluted in the past year (22% increase in shares outstanding).お知らせ • Jun 18ProKidney Corp. has completed a Follow-on Equity Offering in the amount of $26.693989 million.ProKidney Corp. has completed a Follow-on Equity Offering in the amount of $26.693989 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 11,030,574 Price\Range: $2.42 Transaction Features: Registered Direct OfferingNew Risk • Jun 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$56m net loss in 3 years). Shareholders have been diluted in the past year (21% increase in shares outstanding).お知らせ • Jun 13ProKidney Corp. Announces Positive Interim Regen-007 Phase 2 Trial Data and Provides Clinical and Operational UpdatesProKidney Corp. announced positive interim results from the Phase 2 REGEN-007 trial evaluating the Company’s renal autologous cell therapy, rilparencel, in patients with CKD caused by diabetes and provided clinical and operational updates. Management will host a live webcast today at 8:00 a.m. ET to discuss the data. REGEN-007 Phase 2 Trial Interim Efficacy & Safety Data: REGEN-007 is an ongoing multi-center Phase 2 open-label 1:1 randomized two-armed trial in patients with diabetes and CKD who have an estimated glomerular filtration rate (eGFR) of 20 - 50 mL/min/1.73m². At randomization, patients are allocated to two treatment groups using different dosing regimens. Group 1 replicates the dosing schedule for our Phase 3 clinical study program in which patients receive two rilparencel injections – one in each kidney, three months apart. Group 2 tests an exploratory dosing regimen to investigate whether physiological triggers, rather than a time-based trigger, could optimize multiple administrations of rilparencel. In Group 2, patients receive a single rilparencel dose in one kidney and a second dose in the contralateral kidney only if triggered by a sustained eGFR decline of = 20%, and/or an increase in the urine albumin to creatinine ratio (UACR) from baseline of = 30% and = 30 mg/g. In Group 1, as of May 7, 2024, patients with at least 12 months follow-up after the second injection of rilparencel (n=13) show stabilized kidney function for 18 months (average eGFR change from baseline to 18 months was -1.3 ml/min/1.73m2). Importantly, similar results were observed in a subset of these patients (n=10) who met key inclusion criteria currently used in our Phase 3 clinical study program (average eGFR change from baseline to 18 months was -0.6 ml/min/1.73m2). Additional analyses will be performed as Group 1 data matures. Twenty-five patients received at least one rilparencel injection in Group 2; 12 patients received a second rilparencel injection based on eGFR criteria (n=3) or UACR criteria (n=9). Patients in Group 2 who received two injections are scheduled to have up to 18 months of follow-up after their second injection. No rilparencel-related serious adverse events were observed across all patients in the study who received at least one rilparencel injection (n=49).Price Target Changed • Jun 13Price target decreased by 24% to US$4.83Down from US$6.33, the current price target is an average from 6 analysts. New target price is 62% above last closing price of US$2.99. Stock is down 73% over the past year. The company is forecast to post a net loss per share of US$1.28 next year compared to a net loss per share of US$0.57 last year.Recent Insider Transactions Derivative • May 22Chief Reg. Off notifies of intention to sell stockDarin Weber intends to sell 69k shares in the next 90 days after lodging an Intent To Sell Form on the 20th of May. If the sale is conducted around the recent share price of US$4.05, it would amount to US$280k. Since September 2023, Darin's direct individual holding has increased from 137.00k shares to 155.19k. There have been no trades via on-market transactions or options from company insiders in the last 12 months.分析記事 • May 12We Think ProKidney (NASDAQ:PROK) Can Afford To Drive Business GrowthJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...お知らせ • Apr 28ProKidney Corp., Annual General Meeting, May 30, 2024ProKidney Corp., Annual General Meeting, May 30, 2024, at 10:00 US Eastern Standard Time. Location: 399 Boylston Street, Ste. 350 Boston Massachusetts United States Agenda: To elect the following two director nominees named in this proxy statement to serve as class ii directors for three-year terms expiring at the annual general meeting in 2027 and until their successors are duly elected and qualified: jennifer fox and josé ignacio jiménez santos; to ratify the appointment of ernst & young llp as company's independent registered public accounting firm for the fiscal year ending december 31, 2024; and to transact such other business that is properly presented at the annual meeting and any adjournments or postponements thereof.New Risk • Apr 19New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Revenue is less than US$1m. Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (US$41m net loss in 2 years).Recent Insider Transactions Derivative • Apr 15Chief Reg. Off notifies of intention to sell stockDarin Weber intends to sell 84k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of April. If the sale is conducted around the recent share price of US$1.64, it would amount to US$138k. Since September 2023, Darin's direct individual holding has increased from 137.00k shares to 274.07k. There have been no trades via on-market transactions or options from company insiders in the last 12 months.お知らせ • Mar 26ProKidney Corp. Announces Key Leadership Appointments Strengthening Clinical and Technical OperationsProKidney Corp. announced two recent strategic appointments enhancing the leadership team’s expertise in clinical operations and technical operations, positioning the Company for completion of its Phase 3 program and future commercialization. Dr. Ulrich Ernst, PhD joins the Company as Executive Vice President of Technical Operations, and Mr. Lucio Tozzi was appointed Senior Vice President of Global Clinical Operations on January 22, 2024. Both Dr. Ernst and Mr. Tozzi and will be joining the ProKidney Executive Leadership Team. Dr. Ernst has over 30 years of experience in the biopharmaceutical industry with a focus on process development, manufacturing and facility oversight, and supply chain operations in the cell space. Prior to ProKidney, he led process development, and manufacturing of complex therapeutics, including autologous cell therapies and antibody-drug conjugates. Dr. Ernst was Senior Vice President of Technical Operations at Iovance Biotherapeutics, Chief Operating Officer at Amunix Operating Inc., and Senior Vice President of Manufacturing Operations at Cytovance Biologics. Dr. Ernst earned his PhD in chemical engineering at Lehigh University in Pennsylvania. Mr. Tozzi also brings over 30 years of experience in international drug development and execution of clinical trials across multiple therapeutic categories. He oversaw design and implementation of over 75 Phase 1-4 clinical studies in more than 65 countries in a variety of clinical indications, including kidney disease. Prior to ProKidney, Mr. Tozzi was Senior Vice President and Head of Clinical Operations at Summit Therapeutics and Rain Oncology, and, prior to that, Vice President of Clinical Operations at Protagonist Therapeutics.New Risk • Mar 24New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 25% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$41m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change).New Risk • Jan 22New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$87.3m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings are forecast to decline by an average of 39% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$76m net loss in 2 years). Market cap is less than US$100m (US$87.3m market cap).お知らせ • Dec 01ProKidney Corp. Announces Termination of Deepak Jain as Chief Operating OfficerOn November 28, 2023, ProKidney Corp. notified Deepak Jain, Ph.D., Chief Operating Officer of the Company, of the termination of his employment without cause, effective as of the same date, following which Dr. Jain is expected to continue to serve as a consultant to the Company.お知らせ • Nov 30Prokidney Appoints Nikhil Pereira-Kamath as Chief Business OfficerProKidney Corp. announced the appointment of Nikhil Pereira-Kamath, MBA, Vice President of Business Development & Innovative Solutions, to Chief Business Officer (CBO). As CBO, Nikhil will have global responsibility for commercial strategy, defining the Company’s growth and partnering activities, business development, and investor relations. Mr. Pereira-Kamath joined ProKidney earlier this year as Vice President of Business Development & Innovative Solutions, bringing with him over a decade of experience as a seasoned entrepreneur in addition to a strong foundation in finance. Prior to joining ProKidney, he was Chief Executive Officer and subsequently Executive Chairman, a role he continues to hold, of Africa Healthcare Network (AHN), the largest independent provider of dialysis and kidney care in sub-Saharan Africa. Mr. Pereira-Kamath co-founded AHN in 2015 where he built the organization to over 500 employees at 45 dialysis centers across four countries in sub-Saharan Africa. Mr. Pereira-Kamath started his career as an analyst at Morgan Stanley in its Healthcare Investment Banking division covering large pharma, biotech and pharma services. Following that, he worked at Berkshire Partners, a multi-sector specialist investor in private and public equity, where he focused on investing in and growing companies across communications & digital infrastructure, healthcare, consumer, services & industrials and technology. Mr. Pereira-Kamath received his B.A. in Economics with a Certificate in Finance from Princeton University and his MBA from Harvard Business School. He is a member of the International Society of Nephrology’s inaugural Emerging Leaders Program and is an Endeavor Entrepreneur.お知らせ • Nov 21ProKidney Corp. (NasdaqCM:PROK) announces an Equity Buyback for 7,256,367 shares, for $9.5 million.ProKidney Corp. (NasdaqCM:PROK) announces a share repurchase program. Under the program, the company will repurchase up to 7,256,367 Class A ordinary shares for a total of $9.5 million. The shares will be repurchased at a purchase price of $1.309 per share. The shares will be repurchased from SC PIPE Holdings LLC and SC Master Holdings, LLC (the “Selling Shareholders”). The share repurchase is expected to close on November 21, 2023.New Risk • Nov 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 39% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings are forecast to decline by an average of 39% per year for the foreseeable future. Revenue is less than US$1m. Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (US$76m net loss in 2 years).分析記事 • Nov 17Here's Why We're Not Too Worried About ProKidney's (NASDAQ:PROK) Cash Burn SituationEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...Price Target Changed • Nov 16Price target decreased by 19% to US$12.50Down from US$15.40, the current price target is an average from 6 analysts. New target price is 799% above last closing price of US$1.39. Stock is down 87% over the past year. The company is forecast to post a net loss per share of US$0.63 next year compared to a net loss per share of US$0.23 last year.お知らせ • Nov 15ProKidney Corp. Announces Executive ChangesProKidney Corp. announced Dr. Bruce Culleton, EVP Clinical Development and Commercialization, to be appointed the company CEO upon Dr. Tim Bertram’s transition to an advisory role. As the Company progresses into pivotal development and commercialization, the company announce the appointment of Dr. Bruce Culleton as the Company’s CEO, effective November 15, 2023. Dr. Culleton will also join the company board of directors. Dr. Tim Bertram will transition from his current role as director and CEO to a scientific advisory role. Dr. Culleton joined the company in July 2023 as Executive Vice President of Clinical Development and Commercialization. Dr. Culleton has dedicated his 25-year professional career to improving the health and quality of life of patients with kidney disease. Over this time his responsibilities have included direct patient care, clinical research, product development, and executive leadership positions at Baxter Healthcare and CVS Kidney Care, a wholly owned subsidiary of CVS Health. Dr. Culleton earned a Doctor of Medicine degree from Memorial University of Newfoundland, and a Master’s Degree in Business Administration from Northwestern University, Kellogg School of Management. He completed specialization in Internal Medicine and Nephrology through the Royal College of Physicians and Surgeons of Canada, as well as a fellowship in Clinical Epidemiology at Boston University, Framingham Heart Study.Valuation Update With 7 Day Price Move • Oct 27Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$1.84, the stock trades at a trailing P/E ratio of 2x. Average forward P/E is 12x in the Biotechs industry in the US. Total loss to shareholders of 82% over the past year.Valuation Update With 7 Day Price Move • Oct 11Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to US$3.72, the stock trades at a trailing P/E ratio of 4.1x. Average forward P/E is 13x in the Biotechs industry in the US. Total loss to shareholders of 61% over the past year.Valuation Update With 7 Day Price Move • Sep 15Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to US$6.41, the stock trades at a trailing P/E ratio of 7x. Average forward P/E is 15x in the Biotechs industry in the US. Total loss to shareholders of 37% over the past year.Valuation Update With 7 Day Price Move • Aug 17Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to US$10.30, the stock trades at a trailing P/E ratio of 11.2x. Average forward P/E is 12x in the Biotechs industry in the US. Total returns to shareholders of 44% over the past year. Simply Wall St's valuation model estimates the intrinsic value at US$18.35 per share.New Risk • Aug 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 4.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 4.2% per year for the foreseeable future. High level of non-cash earnings (927% accrual ratio). Revenue is less than US$1m.New Risk • Jul 26New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 7.0% per year for the foreseeable future. High level of non-cash earnings (962% accrual ratio). Revenue is less than US$1m.お知らせ • Jul 18ProKidney Corp. Announces the Appointment of Bruce Culleton, MD, as Executive Vice President, Clinical Development and CommercializationProKidney Corp. announced the appointment of Bruce Culleton, MD, as Executive Vice President, Clinical Development and Commercialization. Dr. Culleton, who will report to Chief Executive Officer Tim Bertram, joins ProKidney after more than two decades in industry and academia with a primary focus on kidney health. Dr. Culleton joins ProKidney from CVS Kidney Care, a wholly owned subsidiary of CVS Health, where he was most recently Vice President and General Manager. Previously, he served as Vice President and Chief Medical Officer at CVS Kidney Care. Before joining CVS Health, he was Vice President, Global Clinical Development and World Wide Vice President, Medical Affairs, Medication and Procedural Solutions at Becton Dickinson; and previously Vice President, Renal Therapeutic Area at Baxter Healthcare. Prior to beginning his industry career in 2007, Dr. Culleton was a Clinical Associate Professor, Department of Medicine at the University of Calgary. Dr. Culleton holds a Bachelors degree in Medical Science and a Doctor of Medicine degree from Memorial University of Newfoundland; and a Masters degree in Business Administration from Northwestern University, Kellogg School of Management. He completed a specialization in Internal Medicine and Nephrology through the Royal College of Physicians and Surgeons of Canada, as well as a fellowship in Clinical Epidemiology at Boston University, Framingham Heart Study.Buying Opportunity • Jul 07Now 24% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be US$14.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$11.47, the stock trades at a trailing P/E ratio of 16.3x. Average forward P/E is 10x in the Biotechs industry in the US. Total returns to shareholders of 17% over the past year. Simply Wall St's valuation model estimates the intrinsic value at US$14.61 per share.お知らせ • May 27ProKidney Corp., Annual General Meeting, Jun 29, 2023ProKidney Corp., Annual General Meeting, Jun 29, 2023, at 10:00 US Eastern Standard Time. Location: Unit 5-205, Governors Square Boardroom, 23 Lime Tree Bay Avenue, West Bay Grand Cayman Cayman Islands Agenda: To consider directorate elections; to ratify the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2023; and to transact such other business that is properly presented at the annual meeting and any adjournments or postponements thereof.Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 19%After last week's 19% share price gain to US$10.98, the stock trades at a trailing P/E ratio of 15.6x. Average forward P/E is 10x in the Biotechs industry in the US. Total returns to shareholders of 11% over the past year. Simply Wall St's valuation model estimates the intrinsic value at US$11.91 per share.分析記事 • Mar 14ProKidney (NASDAQ:PROK) Is In A Strong Position To Grow Its BusinessJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...お知らせ • Feb 07Libbie McKenzie Resigns from Prokidney as Chief Medical OfficerDr. Libbie McKenzie has resigned from ProKidney as Chief Medical Officer and will be pursuing other opportunities that align with her objectives.お知らせ • Jan 11ProKidney Announces Publication of Trial Design for Phase 2 Multicenter Clinical Trial of React for Late Stage 4 Diabetes-Related Chronic Kidney DiseaseProKidney Corp. announced the publication of the trial design and early data analysis from REGEN-003, a Phase 2 clinical study of Renal Autologous Cell Therapy (REACT(R)), in the Journal of Blood Purification. The paper, titled Renal Autologous Cell Therapy (REACT) in Type 2 Diabetes with Late Stage 4 Diabetes-Related Chronic Kidney Disease: Trial Design and Early Analysis, was published online and will appear later this year in the print edition of the Journal (DOI: doi.org/10.1159/000527582). REGEN-003 is a single-arm, open-label, multicenter Phase 2 clinical trial that enrolled a total of ten adults with pre-renal failure resulting from type 2 DKD (kidney function measured by eGFR of 14-20 ml/min/1.73 m²). Following a percutaneous kidney biopsy and ex vivo expansion of Selected Renal Cells (SRCs) that form REACT, the REACT product was injected into the cortex of the biopsied kidney with CT image guidance. Nine participants received two doses of the REACT product at 6-month intervals; one participant received only one injection. A 6-month observation pre-trial was required to establish patients’ “own” baseline and rate of DKD progression. No product-related serious adverse events occurred, and two procedure-related hematomas required observation without transfusion or angiographic interventions. At the time of this early analysis, dialysis was delayed a mean of 16 months (range 6-28 months). At 15 months, two patients (20%) had preservation of their kidney function and had not advanced to renal replacement therapy. One patient died due to complications related to COVID, and an additional subject died due to a myocardial infarction approximately 18 months after enrollment.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Jennifer Fox was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Sep 01ProKidney Corp. Appoints Glenn Schulman as Senior Vice President of Investor RelationsProKidney Corp. announced the appointment of Glenn Schulman, PharmD, MPH, as Senior Vice President of Investor Relations. Dr. Schulman, who will report to Chief Financial Officer James Coulston, joins ProKidney after leading investor relations and corporate communication efforts at a number of early and late-stage Nasdaq-listed biopharmaceutical companies focused on the development of therapies to treat diseases of the immune system and kidneys. Prior to joining ProKidney, Dr. Schulman served as Vice President of Investor Relations at X4 Pharmaceuticals. Previous to that, Dr. Schulman was Senior Vice President, Investor Relations and Corporate Communications at Aurinia Pharmaceuticals; Executive Director, Investor Relations and Corporate Communications at Achillion Pharmaceuticals; and Director of Investor Relations and Medical Communications at CuraGen Corporation. In addition to his IR and corporate communications roles, he was a practicing pharmacist for 16 years. Dr. Schulman holds a bachelor’s degree in Pharmacy from Philadelphia College of Pharmacy; Doctor of Pharmacy degree from Rutgers University, Ernest Mario School of Pharmacy; and a Master’s in Public Health, Health Management from Yale University. He completed a post-doctoral fellowship in hospital administration at Memorial Sloan-Kettering Cancer Center.お知らせ • Aug 12ProKidney Corp. Announces Board AppointmentsProKidney Corp. announced the appointments of John M. Maraganore, Ph.D. and Jennifer Fox to its Board of Directors. Dr. Maraganore is the owner of JMM Consulting, LLC and is a venture partner at ARCH Venture Partners, a venture advisor at Atlas Venture, an executive advisor at RTW Investments and a senior advisor at Blackstone Life Sciences, each of which are investment funds. Previously, Dr. Maraganore served as the founding chief executive officer and as a director of Alnylam Pharmaceuticals Inc., a publicly traded biopharmaceutical company. Prior to founding Alnylam, Dr. Maraganore served in a number of leadership roles including as senior vice president, strategic product development with Millennium Pharmaceuticals Inc., a biopharmaceutical company (now Takeda Oncology) ("Millennium"). Before Millennium, he served as director of molecular biology and director of market and business development at Biogen, and as a scientist at ZymoGenetics Inc., a biotechnology company, and The Upjohn Company, a pharmaceutical company. Dr. Maraganore holds an M.S. and a Ph.D. in Biochemistry and Molecular Biology from the University of Chicago and a B.S. in Biological Sciences also from the University of Chicago. Dr. Maraganore currently serves on the board of directors of publicly traded biotechnology companies Agios Pharmaceuticals Inc., Beam Therapeutics Inc., Kymera Therapeutics Inc., and Takeda Pharmaceutical Co LTD and as a director of several privately-held companies. Dr. Maraganore also serves as a strategic advisor to a number of biotechnology companies. He is the former Chair and current member of the Executive Committee of the Biotechnology Innovation Organization (BIO), where he serves as Chair Emeritus. Prior to joining Nuvation Bio in 2020, she spent more than 25 years in healthcare investment banking, where she advised on billions of dollars of financial and strategic transactions. She joined Nuvation Bio from CitiGroup, where she served as a managing director and co-head of the Healthcare Corporate and Investment Banking Group. Prior to CitiGroup, Ms. Fox held senior positions in investment banking at Deutsche Bank, Bear Stearns, Bank of America and Prudential Securities. She holds B.S. degrees in finance and marketing from Manhattan College.Seeking Alpha • Aug 11ProKidney reports Q2 2022 resultsProKidney press release (NASDAQ:PROK): Q2 GAAP EPS of -$0.12. Cash and cash equivalents as of June 30, 2022, was $21.9M compared to $20.6M at Dec. 31, 2021.お知らせ • Jul 21ProKidney Corp. Appoints Kerry Cooper as Senior Vice President of Medical AffairsProKidney Corp. announced the appointment of nephrologist Kerry Cooper, M.D. as Senior Vice President of Medical Affairs. Dr. Cooper, who will report to Chief Medical Officer Dr. Libbie McKenzie, joins ProKidney from AstraZeneca, where he was Vice President, U.S. Medical Affairs Renal Division. He led medical teams on nephrology programs, including Lokelma®, and contributed to cross functional teams advancing therapeutics utilized by CKD patients. Dr. Cooper has strong relationships with global kidney advocacy organizations and CKD community leaders. Prior to joining AstraZeneca in 2018, Dr. Cooper worked at Amgen, where he held positions of increasing responsibility, most recently serving as the Nephrology and Bone Global Medical Affairs Therapeutic Area Lead. During his tenure at Amgen, which began in 2010, Dr. Cooper oversaw multiple clinical trials spanning Amgen’s full portfolio of nephrology assets, and he provided medical leadership for the approval and launch of Parsabiv® for the treatment of hyperparathyroidism in patients with CKD. Before he began his industry career, Dr. Cooper spent more than 20 years in academia and as a practicing nephrologist. He holds a B.S. from the University of Miami and an M.D. from Yale University School of Medicine. He completed a residency in internal medicine and a fellowship in nephrology at Yale New Haven Hospital. A member of the American Society of Nephrology, International Society of Nephrology, and National Kidney Foundation, Dr. Cooper has authored or co-authored more than 25 peer-reviewed articles.業績と収益の成長予測NasdaqCM:PROK - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202870-105-219-161512/31/20270-113-184-153612/31/20261-89-204-16973/31/20261-72-150-132N/A12/31/20251-69-135-120N/A9/30/20251-71-147-112N/A6/30/20251-72-147-114N/A3/31/20250-68-151-121N/A12/31/20240-61-156-126N/A9/30/2024N/A-46-133-128N/A6/30/2024N/A-39-153-122N/A3/31/2024N/A-35-133-99N/A12/31/2023N/A-35-124-90N/A9/30/2023N/A-36-113-80N/A6/30/2023N/A-33-85-80N/A3/31/2023N/A43-90-88N/A12/31/2022N/A-14-79-77N/A9/30/2022N/A-22-76-74N/A6/30/2022N/A-31-73-70N/A3/31/2022N/A-111-63-59N/A12/31/2021N/A-55-55-50N/A9/30/2021N/A-49-52-45N/A12/31/2020N/A-27-31-25N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: PROK今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: PROK今後 3 年間、利益が出ない状態が続くと予測されています。高成長収益: PROK今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: PROKの収益 ( 63.1% ) US市場 ( 11.6% ) よりも速いペースで成長すると予測されています。高い収益成長: PROKの収益 ( 63.1% ) 20%よりも速いペースで成長すると予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: PROK 3 年以内に赤字になると予測されています。成長企業の発掘7D1Y7D1Y7D1YPharmaceuticals-biotech 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 12:09終値2026/05/20 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋ProKidney Corp. 7 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。12 アナリスト機関Dina RamadaneBofA Global ResearchYigal NochomovitzCitigroup IncVamil DivanGuggenheim Securities, LLC9 その他のアナリストを表示
Price Target Changed • May 18Price target increased by 12% to US$7.30Up from US$6.50, the current price target is an average from 6 analysts. New target price is 353% above last closing price of US$1.61. Stock is up 99% over the past year. The company is forecast to post a net loss per share of US$0.49 next year compared to a net loss per share of US$0.52 last year.
Major Estimate Revision • Mar 25Consensus revenue estimates increase by 110%, EPS downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from US$220.0k to US$460.0k. EPS estimate fell from -US$0.734 to -US$0.772 per share. Biotechs industry in the US expected to see average net income decline 12% next year. Consensus price target of US$6.25 unchanged from last update. Share price fell 12% to US$1.83 over the past week.
Price Target Changed • Dec 18Price target increased by 16% to US$6.50Up from US$5.60, the current price target is an average from 6 analysts. New target price is 177% above last closing price of US$2.35. Stock is up 53% over the past year. The company is forecast to post a net loss per share of US$0.70 next year compared to a net loss per share of US$0.62 last year.
Major Estimate Revision • Nov 17Consensus EPS estimates fall by 102%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$430.0k to US$410.0k. Losses expected to increase from US$0.53 per share to US$1.07. Biotechs industry in the US expected to see average net income decline 10% next year. Consensus price target of US$5.40 unchanged from last update. Share price fell 11% to US$2.41 over the past week.
Major Estimate Revision • Aug 19Consensus revenue estimates increase by 80%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from US$180.0k to US$330.0k. Forecast losses expected to reduce from -US$0.564 to -US$0.479 per share. Biotechs industry in the US expected to see average net income decline 12% next year. Consensus price target up from US$5.60 to US$5.83. Share price rose 4.0% to US$2.33 over the past week.
Price Target Changed • Jul 10Price target increased by 15% to US$4.60Up from US$4.00, the current price target is an average from 5 analysts. New target price is 11% below last closing price of US$5.18. Stock is up 116% over the past year. The company is forecast to post a net loss per share of US$0.56 next year compared to a net loss per share of US$0.62 last year.
Price Target Changed • May 18Price target increased by 12% to US$7.30Up from US$6.50, the current price target is an average from 6 analysts. New target price is 353% above last closing price of US$1.61. Stock is up 99% over the past year. The company is forecast to post a net loss per share of US$0.49 next year compared to a net loss per share of US$0.52 last year.
Reported Earnings • May 18First quarter 2026 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2026 results: US$0.14 loss per share (further deteriorated from US$0.13 loss in 1Q 2025). Net loss: US$20.0m (loss widened 20% from 1Q 2025). Revenue is forecast to grow 66% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, earnings per share has fallen by 40% per year whereas the company’s share price has fallen by 45% per year.
お知らせ • Apr 21ProKidney Corp., Annual General Meeting, May 28, 2026ProKidney Corp., Annual General Meeting, May 28, 2026. Location: 399 boylston street, suite 350, massachusetts 02116, boston United States
お知らせ • Mar 26Prokidney Corp. Appoints Greg Madison as Chief Commercial OfficerProKidney Corp. announced the appointment of Greg Madison as Chief Commercial Officer. In this role, Mr. Madison will drive ProKidney’s commercial strategy as the company advances towards the potential commercialization of rilparencel. Mr. Madison brings more than two decades of executive leadership experience across commercial strategy, general management, launch planning, business development, and company building in both clinical and commercial-stage biopharmaceutical companies. Most recently, he served as Chief Executive Officer of Shield Therapeutics plc, where he redesigned the commercial strategy, identified and led a transformative business development transaction, and raised capital to position the company on a path to profitability. Previously, he was Chief Executive Officer of Melt Pharmaceuticals, creating the company and advancing a novel sublingual combination drug from preclinical to Phase 2. Prior to that, he served as President and CEO of Keryx Biopharmaceuticals, leading its evolution from a clinical to commercial-stage organization, launching a novel iron-based phosphate binder for dialysis patients, and advancing a second indication for iron deficiency anemia. Earlier in his career, Mr. Madison was Executive Vice President and Chief Commercial Officer of AMAG Pharmaceuticals, and Vice President/General Manager of the Global Renal Business at Genzyme, where he helped drive Renagel/Renvela to blockbuster status with over $1 billion in annual revenue.
Major Estimate Revision • Mar 25Consensus revenue estimates increase by 110%, EPS downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from US$220.0k to US$460.0k. EPS estimate fell from -US$0.734 to -US$0.772 per share. Biotechs industry in the US expected to see average net income decline 12% next year. Consensus price target of US$6.25 unchanged from last update. Share price fell 12% to US$1.83 over the past week.
Price Target Changed • Dec 18Price target increased by 16% to US$6.50Up from US$5.60, the current price target is an average from 6 analysts. New target price is 177% above last closing price of US$2.35. Stock is up 53% over the past year. The company is forecast to post a net loss per share of US$0.70 next year compared to a net loss per share of US$0.62 last year.
Major Estimate Revision • Nov 17Consensus EPS estimates fall by 102%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$430.0k to US$410.0k. Losses expected to increase from US$0.53 per share to US$1.07. Biotechs industry in the US expected to see average net income decline 10% next year. Consensus price target of US$5.40 unchanged from last update. Share price fell 11% to US$2.41 over the past week.
Recent Insider Transactions • Nov 16Independent Director recently sold US$1.9m worth of stockOn the 13th of November, Brian Jude Pereira sold around 757k shares on-market at roughly US$2.49 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
お知らせ • Nov 06Prokidney Corp. Presents Full Results from the Phase 2 Regen-007 Trial of Rilparencel At the American Society of Nephrology Kidney Week 2025ProKidney Corp. presented full results from the Phase 2 REGEN-007 trial evaluating rilparencel in patients with advanced CKD and diabetes. The data, featured in a late-breaking clinical trials presentation at the American Society of Nephrology (ASN) Kidney Week 2025, further demonstrate the potential of rilparencel to preserve kidney function in patients with advanced CKD and diabetes who are at high risk of kidney failure and have limited therapeutic options. The full Phase 2 trial results presented at ASN Kidney Week 2025 add to the body of clinical data for rilparencel that support the ongoing registrational Phase 3 PROACT 1 study. A first-of-its-kind, proprietary, autologous cell therapy, rilparencel has the potential to be a novel treatment for advanced CKD and diabetes, offering patients an alternative therapeutic option to delay or prevent the need for dialysis. REGEN-007 was a multi-center Phase 2 open-label 1:1 randomized two-arm trial in patients with advanced CKD and diabetes. Eligible participants were assigned to one of two treatment groups using different dosing regimens. Group 1 replicated the dosing schedule of the ongoing Phase 3 PROACT 1 study in which patients receive two scheduled rilparencel injections (one in each kidney), approximately three months apart. Group 2 tested an exploratory dosing regimen to investigate whether disease progression triggers, rather than a time-based trigger, could optimize multiple doses of rilparencel. Group 2 received one injection and a second only if a re-dosing trigger was met within 15 months after the first injection. Participants were followed up to 18 months after their last injection. Overall, 87 rilparencel injections in 49 participants were performed during the study. The primary efficacy endpoint was change in eGFR slope from the pre-injection period to the period after the last injection analyzed using a linear mixed model. The primary safety endpoint was the percentage of participants with procedure- and investigational product-related treatment-emergent adverse events (TEAEs). In Group 1 (n=24), bilateral kidney injection with rilparencel resulted in a 4.6 mL/min/1.73m2 improvement in the annual decline in eGFR slope; this 78% improvement was statistically significant and clinically meaningful (p<0.001). Among Group 1 patients, 15 of 24 (63%) met key Phase 3 PROACT 1 inclusion criteria; in this subgroup, bilateral kidney injection resulted in a 5.5 mL/min/1.73m2 improvement in the annual decline in eGFR slope; this 85% improvement was statistically significant and clinically meaningful (p=0.005). Group 2 (n=25) tested an exploratory dosing regimen that resulted in 10 of 25 (40%) patients receiving only one rilparencel injection; following treatment with rilparencel, the annual decline in eGFR slope improved by 1.7 mL/min/1.73m2, or 50%; this improvement was not statistically significant (p=0.085) but suggests evidence of a dose response. Post-hoc analysis of patient subgroups on standard-of-care (SOC) medications, including sodium-glucose cotransporter-2 inhibitors (SGLT2i) and glucagon-like peptide-1 receptor agonists (GLP-1 RA), suggest rilparencel had a treatment effect incremental to that observed with SOC. Rilparencel was well tolerated and had an acceptable safety profile. In Group 1 (N = 24, mITT), the annual eGFR slope before injection was -5.84 mL/min/1.73m² (95% CI: -7.97 to -3.70), and after the last injection it was -1.27 mL/min/1.73m² (95% CI: -3.97 to 1.43). This represents an absolute improvement of 4.57 mL/min/1.73m² (95% CI: 1.95 to 7.18) and a relative improvement of 78%. In Group 2 (N = 25, mITT), the annual eGFR slope before injection was -3.40 mL/min/1.73m² (95% CI: -5.03 to -1.77), and after the last injection it was -1.71 mL/min/1.73m² (95% CI: -3.78 to 0.36). This corresponds to an absolute improvement of 1.70 mL/min/1.73m² (95% CI: -0.24 to 3.63) and a relative improvement of 50%.
お知らせ • Oct 21ProKidney Corp. Announces Two Abstracts Selected for Presentation at the American Society of Nephrology's Kidney Week 2025ProKidney Corp. announced that the Company will present two posters, including a late-breaking poster on the Phase 2 REGEN-007 study results, at the upcoming American Society of Nephrology's (ASN) Kidney Week being held from November 6-9, 2025, in Houston, TX.
Major Estimate Revision • Aug 19Consensus revenue estimates increase by 80%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from US$180.0k to US$330.0k. Forecast losses expected to reduce from -US$0.564 to -US$0.479 per share. Biotechs industry in the US expected to see average net income decline 12% next year. Consensus price target up from US$5.60 to US$5.83. Share price rose 4.0% to US$2.33 over the past week.
New Risk • Aug 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (66% average daily change). Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Revenue is less than US$1m (US$527k revenue). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (US$132m net loss in 3 years).
お知らせ • Jul 15+ 1 more updateProKidney Corp. Announces Alignment with the FDA on the Accelerated Approval Pathway for RilparencelProKidney Corp. announced confirmation of alignment with the U.S. Food and Drug Administration (FDA) on the accelerated approval pathway for rilparencel. Rilparencel is an autologous cellular therapy that received Regenerative Medicine Advanced Therapy (RMAT) designation from the FDA and currently is being evaluated in the ongoing Phase 3 REGEN-006 (PROACT 1) trial to demonstrate the therapy's potential to preserve kidney function in patients with advanced CKD and type 2 diabetes. In a recent Type B meeting, the FDA confirmed that the slope of estimated glomerular filtration rate (eGFR) in patients from the ongoing Phase 3 PROACT 1 study can serve as the surrogate endpoint and primary basis for a Biologics License Application (BLA) submission of rilparencel under the accelerated approval pathway. The FDA agreed that a rilparencel effect size (versus sham controls) of at least 1.5 mL/min/1.73m2/year improvement would be an acceptable demonstration of efficacy in the setting of patients receiving appropriate standard of care therapies. About the Phase 3 REGEN-006 is an ongoing Phase 3, randomized, blinded, sham controlled safety and efficacy study of rilparenceL in subjects with advanced CKD and type2 diabetes. Factors that may cause such differences include, but are not limited to: disruptions to business or that may otherwise materially harm results of operations or financial condition as a result of recent domesticication to the United States; the inability to maintain the listing of the Company's Class A common stock on Nasdaq; the inability of the company's Class A common stock to remain included in various indications and the potential negative impact on the trading price of the Class A common stock if excluded from such indications; the inability to implement business plans, forecasts, and other expectations or identify and realize additional opportunities, which may be affected by, among other things, competition and the ability of the Company to grow and manage growth profitably and retain its key employees; the risk of downturns and a changing regulatory landscape in the highly competitive biotechnology industry; the risk that results of the Company's clinical trials may not support approval; the risk that the FDA could require additional studies before approving the Company's drug candidates; the inability of the Company to raise financing in the future; the ability of the Company to obtain and maintain regulatory clearance or approval for its products, and any related restrictions and limitations of any cleared or approved product; the inability of the Company. The inability of the Company to identify, in-license or acquire additional technology; the inability of Comany to compete with other companies currently marketing or engaged in the biologics market and in the area of treatment of kidney diseases; the size and growth potential of the markets for the Company's products, if approved, and its ability to serve those markets, either alone or in partnership with others; the Company's estimates regarding expenses, future revenue, capital requirements and needs for additional financing; the Company's financial performance; the Company's intellectual property rights; uncertainties inherent in cell therapy research and development, including the actual time it takes to initiate and complete clinical studies and the timing and content of decisions made by regulatory authorities; the fact that interim results from clinical programs may not be indicative of future results; the impact of geo- political conflict on the Company's business.
Price Target Changed • Jul 10Price target increased by 15% to US$4.60Up from US$4.00, the current price target is an average from 5 analysts. New target price is 11% below last closing price of US$5.18. Stock is up 116% over the past year. The company is forecast to post a net loss per share of US$0.56 next year compared to a net loss per share of US$0.62 last year.
お知らせ • Jul 08Prokidney Corp. Reports Statistically and Clinically Significant Topline Results for the Phase 2 Regen-007 Trial Evaluating Rilparencel in Patients with Chronic Kidney Disease and DiabetesProKidney Corp. reported statistically significant and clinically meaningful positive topline results from the full Group 1 modified intent-to-treat (mITT) population of the Phase 2 REGEN-007 trial evaluating rilparencel in patients with CKD and diabetes. Rilparencel is an autologous cellular therapy that has received Regenerative Medicine Advanced Therapy (RMAT) designation from the U.S. Food & Drug Administration (FDA) and is currently being evaluated in the ongoing Phase 3 REGEN-006 (PROACT 1) trial to demonstrate the therapy's potential to preserve kidney function in patients with advanced CKD and type 2 diabetes. Phase 2 REGEN-007 is a multi-center Phase 2 open-label 1:1 randomized two-arm trial in patients with diabetes, CKD, and an estimated glomerular filtration rate (eGFR) of 20-50 mL/min/1.73m2. At randomization, patients were assigned to one of two treatment groups using different dosing regimens. Group 1 replicated the dosing schedule of the ongoing Phase 3 PROACT 1 study in which patients received two scheduled rilparencel injections (one in each kidney), approximately three months apart. In Group 2, patients received a single rilparencel injection in one kidney and a second injection in the contralateral kidney only if triggered by a sustained eGFR decline from baseline of 20%, and/or an increase in the urine albumin to creatinine ratio (UACR) from baseline of 30% and 30 mg/g. The prespecified primary endpoint for REGEN-007 is the difference in annual eGFR slope (cal calculated using a linear mixed effects model) in the pre-injection period versus the period following the last rilparenceljection. The pre-injection period included all historical eGFR values collected up to 24 months before the screening visit as well as a dose response in Group 2.
Price Target Changed • Jun 30Price target decreased by 14% to US$4.00Down from US$4.67, the current price target is an average from 5 analysts. New target price is 576% above last closing price of US$0.59. Stock is down 76% over the past year. The company is forecast to post a net loss per share of US$0.56 next year compared to a net loss per share of US$0.62 last year.
New Risk • Jun 08New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Revenue is less than US$1m (US$306k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$157m net loss in 3 years). Shareholders have been diluted in the past year (26% increase in shares outstanding).
New Risk • Jun 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Revenue is less than US$1m (US$306k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$157m net loss in 3 years). Shareholders have been diluted in the past year (26% increase in shares outstanding).
Major Estimate Revision • May 22Consensus revenue estimates increase by 87%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from US$90.0k to US$170.0k. Forecast losses expected to reduce from -US$0.615 to -US$0.56 per share. Biotechs industry in the US expected to see average net income decline 11% next year. Consensus price target of US$4.40 unchanged from last update. Share price fell 13% to US$0.74 over the past week.
New Risk • May 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings are forecast to decline by an average of 8.4% per year for the foreseeable future. Revenue is less than US$1m (US$306k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$157m net loss in 3 years). Shareholders have been diluted in the past year (26% increase in shares outstanding).
New Risk • May 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Revenue is less than US$1m (US$76k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$175m net loss in 3 years). Shareholders have been diluted in the past year (26% increase in shares outstanding).
New Risk • May 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Revenue is less than US$1m (US$76k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$175m net loss in 3 years). Shareholders have been diluted in the past year (26% increase in shares outstanding).
お知らせ • Apr 29ProKidney Corp., Annual General Meeting, May 29, 2025ProKidney Corp., Annual General Meeting, May 29, 2025. Location: 399 boylston street, ste. 350, boston, ma 02116, United States
New Risk • Apr 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Revenue is less than US$1m (US$76k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$175m net loss in 3 years). Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (26% increase in shares outstanding).
New Risk • Apr 21New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 28% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Revenue is less than US$1m (US$76k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$175m net loss in 3 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding).
New Risk • Apr 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 28% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Revenue is less than US$1m (US$76k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$175m net loss in 3 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding).
New Risk • Apr 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$66.2m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Revenue is less than US$1m (US$76k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$175m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$66.2m market cap).
New Risk • Mar 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$178m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).
New Risk • Mar 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$166m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).
分析記事 • Mar 03Here's Why We're Watching ProKidney's (NASDAQ:PROK) Cash Burn SituationWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
New Risk • Feb 10New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$166m net loss in 3 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).
New Risk • Feb 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 14% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$166m net loss in 3 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).
Seeking Alpha • Jan 312025 Will Be A Major Year For ProKidney's Rilparencel In CKD TreatmentSummary Rilparencel is ProKidney’s main candidate. It is intended as a therapy that stabilizes kidneys, making it potentially useful for CKD patients. We’ll have Rilparencel’s Phase 2 full data in 2025, as well as the potential confirmation about a “surrogate” endpoint for its Phase 3 trials. Currently, Rilparencel’s Phase 3 is planned to deliver full data by Q3 2027 if no surrogate endpoint is found that’s suitable for the FDA. The FDA confirmed in a meeting with PROK that its Phase 3 “could be sufficient” to support approval, and an accelerated pathway with a suitable surrogate endpoint is available. From a valuation perspective, PROK also seems relatively cheap and has multiple important catalysts for 2025. So, I rate it a “Buy” at these levels. Read the full article on Seeking Alpha
New Risk • Jan 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$113m net loss in 3 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).
New Risk • Dec 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$113m net loss in 3 years). Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).
New Risk • Dec 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$113m net loss in 3 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).
New Risk • Nov 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$113m net loss in 3 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).
分析記事 • Nov 18We're Hopeful That ProKidney (NASDAQ:PROK) Will Use Its Cash WiselyThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
お知らせ • Nov 12Prokidney Corp. Reports Regulatory and Clinical Development Updates Following Successful FDA Type B MeetingProKidney Corp. reported several regulatory and clinical development updates. In October, ProKidney had a Type B meeting with the U.S. Food and Drug Administration (FDA) to discuss updates to rilparencel’s registrational trial strategy. The FDA confirmed that REGEN-006 (PROACT 1), a single, large, multi-center, well-controlled Phase 3 trial designed to demonstrate substantial evidence of effectiveness and safety, could be sufficient to support a potential Biologics License Application (BLA) submission. Additionally, the FDA confirmed that the accelerated approval pathway is available to rilparencel and that the Company could consider estimated glomerular filtration rate (eGFR) slope as a surrogate endpoint for accelerated approval. ProKidney will continue to engage with the FDA, under its regenerative medicine advanced therapy (RMAT) designation, to further define the details supporting this accelerated pathway. · In late October, the Company presented five poster presentations at the American Society of Nephrology’s (ASN) Kidney Week. This included a poster presentation in the late-breaking clinical trial session on the Phase 2 REGEN-007 study, and four poster presentations focused on rilparencel’s mechanism of action (MOA) and product characteristics. REGEN-006 is an ongoing Phase 3, randomized, blinded, sham controlled safety and efficacy study of rilparencel in subjects with type 2 diabetes and advanced CKD. The study protocol was amended in 1H 2024 to focus on a subset of patients with stage 4 CKD (eGFR 20-30ml min/1.73m2) and late stage 3b CKD (eGFR 30-35ml min/1.73m2) with accompanying albuminuria (urine albumin-to-creatinine ratio, or UACR less than 5,000 mg/g for patients with eGFR 20-30ml min/1.73m2 and 300-5,000 mg/g for patients with eGFR 30-35ml min/1.73m2). The total planned enrollment is approximately 685 subjects. Subjects are randomized (1:1) to the treatment group and the sham control group prior to kidney biopsy or a sham biopsy procedure, respectively. Subjects in the treatment group are to receive the first rilparencel injection within 18 weeks of kidney biopsy. After three months it is intended that a second rilparencel injection be given into the contralateral kidney. Subjects in the control group, who previously underwent the sham biopsy procedure, are to receive two sham injections at similar time points as the treatment group. The primary objective is to assess the efficacy of up to two rilparencel injections using a minimally invasive percutaneous approach. The primary composite endpoint is the time from first injection to the earliest of: at least 40% reduction in eGFR; eGFR.
New Risk • Sep 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 12% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$111m net loss in 3 years). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding).
New Risk • Sep 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings are forecast to decline by an average of 7.9% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$111m net loss in 3 years). Shareholders have been diluted in the past year (23% increase in shares outstanding).
お知らせ • Sep 03Prokidney Announces Strategic Updates to Its Phase 3 Program to Accelerate Rilparencel’s Registrational Path to Potential Approval in the U.SProKidney Corp. announced strategic updates to its Phase 3 program for rilparencel, an investigational treatment to potentially preserve kidney function in patients with type 2 diabetes and advanced CKD. ProKidney recently completed a comprehensive internal and external review, including engaging with ex-FDA officials and seasoned regulatory experts, to determine the optimal path to bring rilparencel to patients in the U.S. with type 2 diabetes and advanced CKD – a market where there is high unmet clinical and economic need. An important conclusion of this review is that under the provisions of the Regenerative Medicine Advanced Therapy (RMAT) designation, the Company believes rilparencel is eligible for initial FDA approval under an expedited approval pathway based upon successful completion of the ongoing Phase 3 REGEN-006 (PROACT 1) trial. ProKidney believes that the Phase 3 REGEN-016 (PROACT 2) trial is not required for initial U.S. registration. Thus, the Company will discontinue PROACT 2, which was focused on enrollment outside the U.S. With the discontinuation of PROACT 2, ProKidney now expects current cash to support operating plans into first quarter of 2027. The Company estimates the revised Phase 3 program will deliver topline results by third quarter 2027 and reduce expenses by approximately $150 to $175 million. Today’s update follows a transformational period for ProKidney over the past 10 months. In November 2023, Bruce Culleton, M.D., a nephrologist and seasoned leader of kidney care organizations, was appointed Chief Executive Officer. Under Dr. Culleton’s leadership, ProKidney has made significant progress, including the implementation of improved quality management systems to ensure compliance with global standards for commercial manufacturing and the Phase 3 program, the refinement and restart of the Phase 3 program with a renewed focus on patients with advanced CKD in the U.S., and the appointment of several key executive leaders across clinical operations, manufacturing, human resources, and business operations. The Company also released final data from the Phase 2 RMCL-002 trial and interim data from the Phase 2 REGEN-007 trial. Data from these trials suggest that rilparencel’s greatest potential therapeutic impact is in advanced CKD patients at high risk of kidney failure. This patient population aligns with feedback from payors and providers who have emphasized the need for treatment options in this population. Rilparencel was granted RMAT designation by the FDA in October 2021. RMAT designation can be granted to regenerative medicine therapies (including cell therapies) that are intended to treat, modify, reverse, or cure a serious or life-threatening disease or condition, and have preliminary clinical evidence that indicate the drug candidate has the potential to address unmet medical needs for such disease or condition. This designation is intended to facilitate an accelerated development and review process similar to the breakthrough therapy designation. With an RMAT designation for rilparencel, ProKidney will continue to work with the FDA to receive guidance on its registrational program, including guidance on clinical trial design, manufacturing, and long-term patient follow-up, as appropriate.
New Risk • Aug 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$57m net loss in 3 years). Shareholders have been diluted in the past year (23% increase in shares outstanding).
分析記事 • Aug 12We're Not Very Worried About ProKidney's (NASDAQ:PROK) Cash Burn RateThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
New Risk • Jul 08New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 22% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$56m net loss in 3 years). Shareholders have been diluted in the past year (22% increase in shares outstanding).
お知らせ • Jun 18ProKidney Corp. has completed a Follow-on Equity Offering in the amount of $26.693989 million.ProKidney Corp. has completed a Follow-on Equity Offering in the amount of $26.693989 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 11,030,574 Price\Range: $2.42 Transaction Features: Registered Direct Offering
New Risk • Jun 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$56m net loss in 3 years). Shareholders have been diluted in the past year (21% increase in shares outstanding).
お知らせ • Jun 13ProKidney Corp. Announces Positive Interim Regen-007 Phase 2 Trial Data and Provides Clinical and Operational UpdatesProKidney Corp. announced positive interim results from the Phase 2 REGEN-007 trial evaluating the Company’s renal autologous cell therapy, rilparencel, in patients with CKD caused by diabetes and provided clinical and operational updates. Management will host a live webcast today at 8:00 a.m. ET to discuss the data. REGEN-007 Phase 2 Trial Interim Efficacy & Safety Data: REGEN-007 is an ongoing multi-center Phase 2 open-label 1:1 randomized two-armed trial in patients with diabetes and CKD who have an estimated glomerular filtration rate (eGFR) of 20 - 50 mL/min/1.73m². At randomization, patients are allocated to two treatment groups using different dosing regimens. Group 1 replicates the dosing schedule for our Phase 3 clinical study program in which patients receive two rilparencel injections – one in each kidney, three months apart. Group 2 tests an exploratory dosing regimen to investigate whether physiological triggers, rather than a time-based trigger, could optimize multiple administrations of rilparencel. In Group 2, patients receive a single rilparencel dose in one kidney and a second dose in the contralateral kidney only if triggered by a sustained eGFR decline of = 20%, and/or an increase in the urine albumin to creatinine ratio (UACR) from baseline of = 30% and = 30 mg/g. In Group 1, as of May 7, 2024, patients with at least 12 months follow-up after the second injection of rilparencel (n=13) show stabilized kidney function for 18 months (average eGFR change from baseline to 18 months was -1.3 ml/min/1.73m2). Importantly, similar results were observed in a subset of these patients (n=10) who met key inclusion criteria currently used in our Phase 3 clinical study program (average eGFR change from baseline to 18 months was -0.6 ml/min/1.73m2). Additional analyses will be performed as Group 1 data matures. Twenty-five patients received at least one rilparencel injection in Group 2; 12 patients received a second rilparencel injection based on eGFR criteria (n=3) or UACR criteria (n=9). Patients in Group 2 who received two injections are scheduled to have up to 18 months of follow-up after their second injection. No rilparencel-related serious adverse events were observed across all patients in the study who received at least one rilparencel injection (n=49).
Price Target Changed • Jun 13Price target decreased by 24% to US$4.83Down from US$6.33, the current price target is an average from 6 analysts. New target price is 62% above last closing price of US$2.99. Stock is down 73% over the past year. The company is forecast to post a net loss per share of US$1.28 next year compared to a net loss per share of US$0.57 last year.
Recent Insider Transactions Derivative • May 22Chief Reg. Off notifies of intention to sell stockDarin Weber intends to sell 69k shares in the next 90 days after lodging an Intent To Sell Form on the 20th of May. If the sale is conducted around the recent share price of US$4.05, it would amount to US$280k. Since September 2023, Darin's direct individual holding has increased from 137.00k shares to 155.19k. There have been no trades via on-market transactions or options from company insiders in the last 12 months.
分析記事 • May 12We Think ProKidney (NASDAQ:PROK) Can Afford To Drive Business GrowthJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
お知らせ • Apr 28ProKidney Corp., Annual General Meeting, May 30, 2024ProKidney Corp., Annual General Meeting, May 30, 2024, at 10:00 US Eastern Standard Time. Location: 399 Boylston Street, Ste. 350 Boston Massachusetts United States Agenda: To elect the following two director nominees named in this proxy statement to serve as class ii directors for three-year terms expiring at the annual general meeting in 2027 and until their successors are duly elected and qualified: jennifer fox and josé ignacio jiménez santos; to ratify the appointment of ernst & young llp as company's independent registered public accounting firm for the fiscal year ending december 31, 2024; and to transact such other business that is properly presented at the annual meeting and any adjournments or postponements thereof.
New Risk • Apr 19New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Revenue is less than US$1m. Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (US$41m net loss in 2 years).
Recent Insider Transactions Derivative • Apr 15Chief Reg. Off notifies of intention to sell stockDarin Weber intends to sell 84k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of April. If the sale is conducted around the recent share price of US$1.64, it would amount to US$138k. Since September 2023, Darin's direct individual holding has increased from 137.00k shares to 274.07k. There have been no trades via on-market transactions or options from company insiders in the last 12 months.
お知らせ • Mar 26ProKidney Corp. Announces Key Leadership Appointments Strengthening Clinical and Technical OperationsProKidney Corp. announced two recent strategic appointments enhancing the leadership team’s expertise in clinical operations and technical operations, positioning the Company for completion of its Phase 3 program and future commercialization. Dr. Ulrich Ernst, PhD joins the Company as Executive Vice President of Technical Operations, and Mr. Lucio Tozzi was appointed Senior Vice President of Global Clinical Operations on January 22, 2024. Both Dr. Ernst and Mr. Tozzi and will be joining the ProKidney Executive Leadership Team. Dr. Ernst has over 30 years of experience in the biopharmaceutical industry with a focus on process development, manufacturing and facility oversight, and supply chain operations in the cell space. Prior to ProKidney, he led process development, and manufacturing of complex therapeutics, including autologous cell therapies and antibody-drug conjugates. Dr. Ernst was Senior Vice President of Technical Operations at Iovance Biotherapeutics, Chief Operating Officer at Amunix Operating Inc., and Senior Vice President of Manufacturing Operations at Cytovance Biologics. Dr. Ernst earned his PhD in chemical engineering at Lehigh University in Pennsylvania. Mr. Tozzi also brings over 30 years of experience in international drug development and execution of clinical trials across multiple therapeutic categories. He oversaw design and implementation of over 75 Phase 1-4 clinical studies in more than 65 countries in a variety of clinical indications, including kidney disease. Prior to ProKidney, Mr. Tozzi was Senior Vice President and Head of Clinical Operations at Summit Therapeutics and Rain Oncology, and, prior to that, Vice President of Clinical Operations at Protagonist Therapeutics.
New Risk • Mar 24New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 25% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$41m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change).
New Risk • Jan 22New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$87.3m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings are forecast to decline by an average of 39% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$76m net loss in 2 years). Market cap is less than US$100m (US$87.3m market cap).
お知らせ • Dec 01ProKidney Corp. Announces Termination of Deepak Jain as Chief Operating OfficerOn November 28, 2023, ProKidney Corp. notified Deepak Jain, Ph.D., Chief Operating Officer of the Company, of the termination of his employment without cause, effective as of the same date, following which Dr. Jain is expected to continue to serve as a consultant to the Company.
お知らせ • Nov 30Prokidney Appoints Nikhil Pereira-Kamath as Chief Business OfficerProKidney Corp. announced the appointment of Nikhil Pereira-Kamath, MBA, Vice President of Business Development & Innovative Solutions, to Chief Business Officer (CBO). As CBO, Nikhil will have global responsibility for commercial strategy, defining the Company’s growth and partnering activities, business development, and investor relations. Mr. Pereira-Kamath joined ProKidney earlier this year as Vice President of Business Development & Innovative Solutions, bringing with him over a decade of experience as a seasoned entrepreneur in addition to a strong foundation in finance. Prior to joining ProKidney, he was Chief Executive Officer and subsequently Executive Chairman, a role he continues to hold, of Africa Healthcare Network (AHN), the largest independent provider of dialysis and kidney care in sub-Saharan Africa. Mr. Pereira-Kamath co-founded AHN in 2015 where he built the organization to over 500 employees at 45 dialysis centers across four countries in sub-Saharan Africa. Mr. Pereira-Kamath started his career as an analyst at Morgan Stanley in its Healthcare Investment Banking division covering large pharma, biotech and pharma services. Following that, he worked at Berkshire Partners, a multi-sector specialist investor in private and public equity, where he focused on investing in and growing companies across communications & digital infrastructure, healthcare, consumer, services & industrials and technology. Mr. Pereira-Kamath received his B.A. in Economics with a Certificate in Finance from Princeton University and his MBA from Harvard Business School. He is a member of the International Society of Nephrology’s inaugural Emerging Leaders Program and is an Endeavor Entrepreneur.
お知らせ • Nov 21ProKidney Corp. (NasdaqCM:PROK) announces an Equity Buyback for 7,256,367 shares, for $9.5 million.ProKidney Corp. (NasdaqCM:PROK) announces a share repurchase program. Under the program, the company will repurchase up to 7,256,367 Class A ordinary shares for a total of $9.5 million. The shares will be repurchased at a purchase price of $1.309 per share. The shares will be repurchased from SC PIPE Holdings LLC and SC Master Holdings, LLC (the “Selling Shareholders”). The share repurchase is expected to close on November 21, 2023.
New Risk • Nov 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 39% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings are forecast to decline by an average of 39% per year for the foreseeable future. Revenue is less than US$1m. Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (US$76m net loss in 2 years).
分析記事 • Nov 17Here's Why We're Not Too Worried About ProKidney's (NASDAQ:PROK) Cash Burn SituationEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Price Target Changed • Nov 16Price target decreased by 19% to US$12.50Down from US$15.40, the current price target is an average from 6 analysts. New target price is 799% above last closing price of US$1.39. Stock is down 87% over the past year. The company is forecast to post a net loss per share of US$0.63 next year compared to a net loss per share of US$0.23 last year.
お知らせ • Nov 15ProKidney Corp. Announces Executive ChangesProKidney Corp. announced Dr. Bruce Culleton, EVP Clinical Development and Commercialization, to be appointed the company CEO upon Dr. Tim Bertram’s transition to an advisory role. As the Company progresses into pivotal development and commercialization, the company announce the appointment of Dr. Bruce Culleton as the Company’s CEO, effective November 15, 2023. Dr. Culleton will also join the company board of directors. Dr. Tim Bertram will transition from his current role as director and CEO to a scientific advisory role. Dr. Culleton joined the company in July 2023 as Executive Vice President of Clinical Development and Commercialization. Dr. Culleton has dedicated his 25-year professional career to improving the health and quality of life of patients with kidney disease. Over this time his responsibilities have included direct patient care, clinical research, product development, and executive leadership positions at Baxter Healthcare and CVS Kidney Care, a wholly owned subsidiary of CVS Health. Dr. Culleton earned a Doctor of Medicine degree from Memorial University of Newfoundland, and a Master’s Degree in Business Administration from Northwestern University, Kellogg School of Management. He completed specialization in Internal Medicine and Nephrology through the Royal College of Physicians and Surgeons of Canada, as well as a fellowship in Clinical Epidemiology at Boston University, Framingham Heart Study.
Valuation Update With 7 Day Price Move • Oct 27Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$1.84, the stock trades at a trailing P/E ratio of 2x. Average forward P/E is 12x in the Biotechs industry in the US. Total loss to shareholders of 82% over the past year.
Valuation Update With 7 Day Price Move • Oct 11Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to US$3.72, the stock trades at a trailing P/E ratio of 4.1x. Average forward P/E is 13x in the Biotechs industry in the US. Total loss to shareholders of 61% over the past year.
Valuation Update With 7 Day Price Move • Sep 15Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to US$6.41, the stock trades at a trailing P/E ratio of 7x. Average forward P/E is 15x in the Biotechs industry in the US. Total loss to shareholders of 37% over the past year.
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to US$10.30, the stock trades at a trailing P/E ratio of 11.2x. Average forward P/E is 12x in the Biotechs industry in the US. Total returns to shareholders of 44% over the past year. Simply Wall St's valuation model estimates the intrinsic value at US$18.35 per share.
New Risk • Aug 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 4.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 4.2% per year for the foreseeable future. High level of non-cash earnings (927% accrual ratio). Revenue is less than US$1m.
New Risk • Jul 26New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 7.0% per year for the foreseeable future. High level of non-cash earnings (962% accrual ratio). Revenue is less than US$1m.
お知らせ • Jul 18ProKidney Corp. Announces the Appointment of Bruce Culleton, MD, as Executive Vice President, Clinical Development and CommercializationProKidney Corp. announced the appointment of Bruce Culleton, MD, as Executive Vice President, Clinical Development and Commercialization. Dr. Culleton, who will report to Chief Executive Officer Tim Bertram, joins ProKidney after more than two decades in industry and academia with a primary focus on kidney health. Dr. Culleton joins ProKidney from CVS Kidney Care, a wholly owned subsidiary of CVS Health, where he was most recently Vice President and General Manager. Previously, he served as Vice President and Chief Medical Officer at CVS Kidney Care. Before joining CVS Health, he was Vice President, Global Clinical Development and World Wide Vice President, Medical Affairs, Medication and Procedural Solutions at Becton Dickinson; and previously Vice President, Renal Therapeutic Area at Baxter Healthcare. Prior to beginning his industry career in 2007, Dr. Culleton was a Clinical Associate Professor, Department of Medicine at the University of Calgary. Dr. Culleton holds a Bachelors degree in Medical Science and a Doctor of Medicine degree from Memorial University of Newfoundland; and a Masters degree in Business Administration from Northwestern University, Kellogg School of Management. He completed a specialization in Internal Medicine and Nephrology through the Royal College of Physicians and Surgeons of Canada, as well as a fellowship in Clinical Epidemiology at Boston University, Framingham Heart Study.
Buying Opportunity • Jul 07Now 24% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be US$14.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$11.47, the stock trades at a trailing P/E ratio of 16.3x. Average forward P/E is 10x in the Biotechs industry in the US. Total returns to shareholders of 17% over the past year. Simply Wall St's valuation model estimates the intrinsic value at US$14.61 per share.
お知らせ • May 27ProKidney Corp., Annual General Meeting, Jun 29, 2023ProKidney Corp., Annual General Meeting, Jun 29, 2023, at 10:00 US Eastern Standard Time. Location: Unit 5-205, Governors Square Boardroom, 23 Lime Tree Bay Avenue, West Bay Grand Cayman Cayman Islands Agenda: To consider directorate elections; to ratify the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2023; and to transact such other business that is properly presented at the annual meeting and any adjournments or postponements thereof.
Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 19%After last week's 19% share price gain to US$10.98, the stock trades at a trailing P/E ratio of 15.6x. Average forward P/E is 10x in the Biotechs industry in the US. Total returns to shareholders of 11% over the past year. Simply Wall St's valuation model estimates the intrinsic value at US$11.91 per share.
分析記事 • Mar 14ProKidney (NASDAQ:PROK) Is In A Strong Position To Grow Its BusinessJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
お知らせ • Feb 07Libbie McKenzie Resigns from Prokidney as Chief Medical OfficerDr. Libbie McKenzie has resigned from ProKidney as Chief Medical Officer and will be pursuing other opportunities that align with her objectives.
お知らせ • Jan 11ProKidney Announces Publication of Trial Design for Phase 2 Multicenter Clinical Trial of React for Late Stage 4 Diabetes-Related Chronic Kidney DiseaseProKidney Corp. announced the publication of the trial design and early data analysis from REGEN-003, a Phase 2 clinical study of Renal Autologous Cell Therapy (REACT(R)), in the Journal of Blood Purification. The paper, titled Renal Autologous Cell Therapy (REACT) in Type 2 Diabetes with Late Stage 4 Diabetes-Related Chronic Kidney Disease: Trial Design and Early Analysis, was published online and will appear later this year in the print edition of the Journal (DOI: doi.org/10.1159/000527582). REGEN-003 is a single-arm, open-label, multicenter Phase 2 clinical trial that enrolled a total of ten adults with pre-renal failure resulting from type 2 DKD (kidney function measured by eGFR of 14-20 ml/min/1.73 m²). Following a percutaneous kidney biopsy and ex vivo expansion of Selected Renal Cells (SRCs) that form REACT, the REACT product was injected into the cortex of the biopsied kidney with CT image guidance. Nine participants received two doses of the REACT product at 6-month intervals; one participant received only one injection. A 6-month observation pre-trial was required to establish patients’ “own” baseline and rate of DKD progression. No product-related serious adverse events occurred, and two procedure-related hematomas required observation without transfusion or angiographic interventions. At the time of this early analysis, dialysis was delayed a mean of 16 months (range 6-28 months). At 15 months, two patients (20%) had preservation of their kidney function and had not advanced to renal replacement therapy. One patient died due to complications related to COVID, and an additional subject died due to a myocardial infarction approximately 18 months after enrollment.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Jennifer Fox was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 01ProKidney Corp. Appoints Glenn Schulman as Senior Vice President of Investor RelationsProKidney Corp. announced the appointment of Glenn Schulman, PharmD, MPH, as Senior Vice President of Investor Relations. Dr. Schulman, who will report to Chief Financial Officer James Coulston, joins ProKidney after leading investor relations and corporate communication efforts at a number of early and late-stage Nasdaq-listed biopharmaceutical companies focused on the development of therapies to treat diseases of the immune system and kidneys. Prior to joining ProKidney, Dr. Schulman served as Vice President of Investor Relations at X4 Pharmaceuticals. Previous to that, Dr. Schulman was Senior Vice President, Investor Relations and Corporate Communications at Aurinia Pharmaceuticals; Executive Director, Investor Relations and Corporate Communications at Achillion Pharmaceuticals; and Director of Investor Relations and Medical Communications at CuraGen Corporation. In addition to his IR and corporate communications roles, he was a practicing pharmacist for 16 years. Dr. Schulman holds a bachelor’s degree in Pharmacy from Philadelphia College of Pharmacy; Doctor of Pharmacy degree from Rutgers University, Ernest Mario School of Pharmacy; and a Master’s in Public Health, Health Management from Yale University. He completed a post-doctoral fellowship in hospital administration at Memorial Sloan-Kettering Cancer Center.
お知らせ • Aug 12ProKidney Corp. Announces Board AppointmentsProKidney Corp. announced the appointments of John M. Maraganore, Ph.D. and Jennifer Fox to its Board of Directors. Dr. Maraganore is the owner of JMM Consulting, LLC and is a venture partner at ARCH Venture Partners, a venture advisor at Atlas Venture, an executive advisor at RTW Investments and a senior advisor at Blackstone Life Sciences, each of which are investment funds. Previously, Dr. Maraganore served as the founding chief executive officer and as a director of Alnylam Pharmaceuticals Inc., a publicly traded biopharmaceutical company. Prior to founding Alnylam, Dr. Maraganore served in a number of leadership roles including as senior vice president, strategic product development with Millennium Pharmaceuticals Inc., a biopharmaceutical company (now Takeda Oncology) ("Millennium"). Before Millennium, he served as director of molecular biology and director of market and business development at Biogen, and as a scientist at ZymoGenetics Inc., a biotechnology company, and The Upjohn Company, a pharmaceutical company. Dr. Maraganore holds an M.S. and a Ph.D. in Biochemistry and Molecular Biology from the University of Chicago and a B.S. in Biological Sciences also from the University of Chicago. Dr. Maraganore currently serves on the board of directors of publicly traded biotechnology companies Agios Pharmaceuticals Inc., Beam Therapeutics Inc., Kymera Therapeutics Inc., and Takeda Pharmaceutical Co LTD and as a director of several privately-held companies. Dr. Maraganore also serves as a strategic advisor to a number of biotechnology companies. He is the former Chair and current member of the Executive Committee of the Biotechnology Innovation Organization (BIO), where he serves as Chair Emeritus. Prior to joining Nuvation Bio in 2020, she spent more than 25 years in healthcare investment banking, where she advised on billions of dollars of financial and strategic transactions. She joined Nuvation Bio from CitiGroup, where she served as a managing director and co-head of the Healthcare Corporate and Investment Banking Group. Prior to CitiGroup, Ms. Fox held senior positions in investment banking at Deutsche Bank, Bear Stearns, Bank of America and Prudential Securities. She holds B.S. degrees in finance and marketing from Manhattan College.
Seeking Alpha • Aug 11ProKidney reports Q2 2022 resultsProKidney press release (NASDAQ:PROK): Q2 GAAP EPS of -$0.12. Cash and cash equivalents as of June 30, 2022, was $21.9M compared to $20.6M at Dec. 31, 2021.
お知らせ • Jul 21ProKidney Corp. Appoints Kerry Cooper as Senior Vice President of Medical AffairsProKidney Corp. announced the appointment of nephrologist Kerry Cooper, M.D. as Senior Vice President of Medical Affairs. Dr. Cooper, who will report to Chief Medical Officer Dr. Libbie McKenzie, joins ProKidney from AstraZeneca, where he was Vice President, U.S. Medical Affairs Renal Division. He led medical teams on nephrology programs, including Lokelma®, and contributed to cross functional teams advancing therapeutics utilized by CKD patients. Dr. Cooper has strong relationships with global kidney advocacy organizations and CKD community leaders. Prior to joining AstraZeneca in 2018, Dr. Cooper worked at Amgen, where he held positions of increasing responsibility, most recently serving as the Nephrology and Bone Global Medical Affairs Therapeutic Area Lead. During his tenure at Amgen, which began in 2010, Dr. Cooper oversaw multiple clinical trials spanning Amgen’s full portfolio of nephrology assets, and he provided medical leadership for the approval and launch of Parsabiv® for the treatment of hyperparathyroidism in patients with CKD. Before he began his industry career, Dr. Cooper spent more than 20 years in academia and as a practicing nephrologist. He holds a B.S. from the University of Miami and an M.D. from Yale University School of Medicine. He completed a residency in internal medicine and a fellowship in nephrology at Yale New Haven Hospital. A member of the American Society of Nephrology, International Society of Nephrology, and National Kidney Foundation, Dr. Cooper has authored or co-authored more than 25 peer-reviewed articles.