View Future GrowthPTC Therapeutics 過去の業績過去 基準チェック /06PTC Therapeuticsは37.4%の年平均成長率で業績を伸ばしているが、Biotechs業界はgrowingで36.2%毎年増加している。売上は成長しており、年平均25%の割合である。主要情報37.35%収益成長率38.01%EPS成長率Biotechs 業界の成長17.04%収益成長率25.04%株主資本利益率n/aネット・マージン-22.58%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 11First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: US$0.034 loss per share (down from US$11.09 profit in 1Q 2025). Revenue: US$272.6m (down 77% from 1Q 2025). Net loss: US$2.81m (down 100% from profit in 1Q 2025). Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) also surpassed analyst estimates by 94%. Revenue is forecast to grow 16% 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 increased by 83% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 22PTC Therapeutics, Inc. to Report Q1, 2026 Results on May 07, 2026PTC Therapeutics, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 07, 2026Reported Earnings • Feb 20Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: US$8.58 (up from US$4.73 loss in FY 2024). Revenue: US$1.73b (up 115% from FY 2024). Net income: US$682.6m (up US$1.05b from FY 2024). Profit margin: 39% (up from net loss in FY 2024). The move to profitability was primarily driven by higher revenue. Products in clinical trials Phase II: 2 Phase III: 1 Post-clinical trial products Pre-registration: 1 Approved (during full year): 1 Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 05PTC Therapeutics, Inc. to Report Q4, 2025 Results on Feb 19, 2026PTC Therapeutics, Inc. announced that they will report Q4, 2025 results on Feb 19, 2026Reported Earnings • Nov 06Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$0.20 (up from US$1.39 loss in 3Q 2024). Revenue: US$211.0m (up 7.2% from 3Q 2024). Net income: US$15.9m (up US$122.6m from 3Q 2024). Profit margin: 7.5% (up from net loss in 3Q 2024). The move to profitability was primarily driven by lower expenses. Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is expected to decline by 6.8% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 21%. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 08Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: US$0.83 loss per share (improved from US$1.29 loss in 2Q 2024). Revenue: US$178.9m (down 4.2% from 2Q 2024). Net loss: US$64.8m (loss narrowed 35% from 2Q 2024). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Revenue is expected to decline by 4.9% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 19%. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.すべての更新を表示Recent updatesナラティブの更新 • Jun 05PTCT: Refined Rare Disease Models Will Support Huntington Progress Toward Bullish 2026 OutlookThe analyst price target for PTC Therapeutics has increased by about $0.64, with analysts citing refreshed patient build models for Sephience and updated assumptions for growth, margins, and future P/E as the reasons for the slightly higher fair value estimate. Analyst Commentary Recent Street research around PTC Therapeutics has focused on how Sephience inputs feed into long term revenue build outs, margin profiles, and the multiples analysts are willing to use in their fair value work.ナラティブの更新 • May 19PTCT: Early Neurology Execution Will Drive Huntington Progress Toward Bullish 2026 OutlookAnalysts have nudged their average price target on PTC Therapeutics higher, from about $88 to roughly $91, reflecting updated models that factor in stronger projected revenue growth, higher expected profit margins, and a lower assumed discount rate, alongside Street research that has largely raised or reaffirmed positive price targets following recent Q4 results and Sephience launch commentary. Analyst Commentary Recent Street research on PTC Therapeutics reflects a mix of optimism around the Sephience launch and revenue outlook, alongside some caution on execution risks and prior franchises.Recent Insider Transactions Derivative • May 17CEO & Director notifies of intention to sell stockMatthew Klein intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of May. If the sale is conducted around the recent share price of US$73.08, it would amount to US$731k. For the year to December 2022, Matthew's total compensation was 4% salary and 96% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2025, Matthew's direct individual holding has increased from 77.77k shares to 125.11k. Company insiders have collectively sold US$23m more than they bought, via options and on-market transactions in the last 12 months.分析記事 • May 16Analyst Forecasts For PTC Therapeutics, Inc. (NASDAQ:PTCT) Are Surging HigherPTC Therapeutics, Inc. ( NASDAQ:PTCT ) shareholders will have a reason to smile today, with the analysts making...Reported Earnings • May 11First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: US$0.034 loss per share (down from US$11.09 profit in 1Q 2025). Revenue: US$272.6m (down 77% from 1Q 2025). Net loss: US$2.81m (down 100% from profit in 1Q 2025). Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) also surpassed analyst estimates by 94%. Revenue is forecast to grow 16% 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 increased by 83% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Seeking Alpha • May 10PTC Therapeutics: Sephience Turns The Story From Regulatory Repair To Operating LeverageSummary PTC Therapeutics is transitioning from a legacy rare disease business to a growth-focused model, anchored by the successful Sephience launch. Sephience's rapid commercial uptake is offsetting DMD franchise declines, with Q1 2026 product revenue up 47% year-over-year and strong patient onboarding momentum. PTCT's partnership with Novartis on votoplam for Huntington's disease offers de-risked late-stage upside, while a $1.9B cash position provides strategic flexibility and reduces near-term dilution risk. PTCT trades at a significant valuation discount to peers despite robust launch metrics, a durable cash runway, and a pipeline with multiple catalysts. Read the full article on Seeking Alphaライブニュース • May 05PTC Therapeutics Surges Ahead With Positive Votoplam Data and US$50m Novartis MilestonePTC Therapeutics reported positive 24‑month interim data from the PIVOT-HD long-term extension study of votoplam in Stage 2 Huntington’s disease. Patients on the 10 mg dose of votoplam showed a 52% reduction in disease progression vs natural history controls, while the 5 mg dose showed a 28% reduction, with a favorable safety and biomarker profile. The data triggered a US$50m milestone payment as Novartis advanced votoplam into the global Phase 3 INVEST-HD trial, and Raymond James initiated coverage with an Outperform rating and a US$108 price target. For investors, the key takeaway is that votoplam has moved further into late-stage development, with a large Phase 3 program in early-stage Huntington’s disease now underway. The reported dose-dependent effect on disease progression and the absence of new safety concerns, including no treatment-related neurofilament light chain spikes, highlight both the potential clinical relevance and the current risk profile seen in this dataset. The US$50m milestone from Novartis and new analyst coverage following the data underscore how central votoplam appears to PTC Therapeutics’ pipeline, alongside the company’s launch of Sephience for phenylketonuria management. The planned April 28, 2026 conference call is expected to offer more detail on the PIVOT-HD results, the trial design for INVEST-HD, and management’s views on future development and commercialization paths.Major Estimate Revision • May 04Consensus EPS estimates upgraded to US$0.76 lossThe consensus outlook for fiscal year 2026 has been updated. 2026 losses forecast to reduce from -US$0.843 to -US$0.756 per share. Revenue forecast steady at US$990.8m. Biotechs industry in the US expected to see average net income decline 13% next year. Consensus price target broadly unchanged at US$88.07. Share price fell 5.9% to US$65.15 over the past week.ナラティブの更新 • May 03PTCT: Early Neurology Launch And Huntington Progress Will Support Bullish 2026 OutlookAnalyst fair value for PTC Therapeutics has edged up by about $0.20 as analysts incorporate slightly less severe revenue declines, higher expected profitability, and a lower future P/E into their updated models following recent Q4 commentary and new coverage initiations. Analyst Commentary Street research on PTC Therapeutics over the past few months has centered on how Q4 results, early Sephience data, and franchise mix shape the earnings outlook and what that implies for fair value.お知らせ • Apr 29PTC Therapeutics Reports Positive Topline Results from Month 24 Interim Analysis of PIVOT-HD Extension Study of VotoplamPTC Therapeutics, Inc. reported positive topline results from the 24-month interim analysis of the PIVOT-HD long-term extension study, with favorable dose-dependent effects on disease progression for Stage 2 Huntington's disease (HD) patients following 24 months of votoplam treatment compared to an external natural history cohort. The PIVOT-HD study was a 12-month placebo-controlled study of two dose levels of votoplam in participants with Stage 2 and Stage 3 HD. The study met the primary endpoint of blood Huntingtin (HTT) protein lowering at 12 weeks, with persistent dose-dependent lowering at Month 12. PIVOT-HD participants then enrolled in the PIVOT-HD extension study in which those originally randomized to receive 5 mg or 10 mg of votoplam remained on those dose levels. Participants initially randomized to receive placebo were randomized to receive 5 mg or 10 mg. All participants and investigators remain blinded to initial PIVOT-HD treatment assignment. The objectives of the long-term extension study are to assess the safety and efficacy of long-term votoplam treatment. In the interim analysis following 24 months of votoplam treatment, there was evidence of dose-dependent benefit in slowing progression on the Composite Unified Huntington's Disease Rating Scale (cUHDRS) relative to a propensity weighted natural history cohort in Stage 2 participants, with 52% and 28% slowing for 10 mg and 5 mg participants, respectively. Signals of favorable treatment effects relative to natural history were recorded across the cUHDRS subscales for the 10 mg cohort. In addition, there were no treatment-related neurofilament light chain protein (NfL) increases and mean NfL levels remained below baseline at 24 months for both high and low dose cohorts – in contrast to the reported natural history that NfL levels increase over time in individuals with HD. In Stage 3 participants, potential signals of slowing of progression were observed at 24 months. The safety data at Month 24 for both dose levels and both stages were consistent with the previously established evidence of favorable safety. Novartis announced their initiation of the global Phase 3 INVEST-HD study on their First Quarter Earnings Call. This placebo-controlled study will enroll approximately 770 individuals with early-stage HD who will be randomized 3:2 to receive votoplam 10 mg or placebo. The primary endpoint will be the change from baseline up to month 36 in the cUHDRS. The INVEST-HD study is sponsored and funded by Novartis. Novartis and PTC will continue to review the data and discuss potential next steps including regulatory interactions. PIVOT-HD was designed as a 12-month placebo-controlled trial to assess pharmacodynamic effect and safety of votoplam at two dose levels, 5 mg and 10 mg, relative to placebo. Initially, the study included only Stage 2 patients. A Stage 3 cohort of similar size was subsequently added to help identify the best study population for future studies. The primary endpoints of PIVOT-HD were total blood Huntingtin (HTT) lowering at 12 weeks and safety events. Secondary endpoints included 12-month blood HTT levels, and other blood-and central nervous system (CNS) biomarkers as well as changes in Composite Unified Huntington's Disease Rating Scale (cUHDRS). Following 12 months, patients were eligible to enroll in a long-term extension study in which all subjects would receive votoplam. Those originally randomized to 5 mg and 10 mg would continue at that dose level; those initially randomized to placebo would be randomized 1:1 to 5 mg or 10 mg. All subjects and investigators remain blinded to initial treatment assignment. Votoplam (formerly PTC518) is a small molecule splicing modifier that acts via a unique mechanism to promote the inclusion of a novel pseudoexon containing a premature termination codon, thus triggering Huntingtin (HTT) mRNA degradation and subsequent reduction in HTT protein levels. Votoplam was discovered from PTC's validated splicing platform, following the successful discovery and development of Evrysdi (risdiplam) for spinal muscular atrophy (SMA). Votoplam was partnered with Novartis in December 2024. Following the completion of the PIVOT-HD clinical trial, Novartis assumed responsibility for votoplam's development, manufacturing and commercialization. Huntington's disease (HD) is a fatal, hereditary, genetic disorder of the central nervous system. It is caused by a defective gene. This gene produces a protein, called Huntingtin (HTT), which is involved in the functioning of the nerve cells in the brain (neurons). When the gene is defective, it produces an abnormal (or mutated) HTT protein that is toxic and causes neuron damage and neuron death. HD usually presents in people who are in their 30s or 40s. Symptoms can present earlier in life, and this is called Juvenile HD. There are also cases of infantile HD, when symptoms develop in children who are younger than 10 years old. While symptoms vary from person to person, the disease primarily affects the brain and results in abnormal movements, difficulties with speech, swallowing and walking, as well as a number of other symptoms including behavioral, cognitive and motor symptoms. While there are therapies approved for specific disease symptoms, currently, there is no cure for HD and there are no approved drugs that delay the onset or slow disease progression.Major Estimate Revision • Apr 24Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2026 has been updated. 2026 expected loss increased from -US$0.692 to -US$0.798 per share. Revenue forecast unchanged at US$988.7m. Biotechs industry in the US expected to see average net income decline 12% next year. Consensus price target broadly unchanged at US$87.93. Share price fell 5.8% to US$68.23 over the past week.お知らせ • Apr 22PTC Therapeutics, Inc. to Report Q1, 2026 Results on May 07, 2026PTC Therapeutics, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 07, 2026お知らせ • Apr 21PTC Therapeutics, Inc., Annual General Meeting, Jun 02, 2026PTC Therapeutics, Inc., Annual General Meeting, Jun 02, 2026.ナラティブの更新 • Apr 19PTCT: Early Neurology Launch And Pipeline Progress Will Support Bullish 2026 OutlookAnalysts have nudged their average price target for PTC Therapeutics higher to about $88 from roughly $86.50. This reflects updates to models after recent Q4 commentary, revised views on revenue trends, margin expectations, and future P/E assumptions.Major Estimate Revision • Apr 15Consensus estimates of losses per share improve by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$947.5m to US$984.3m. EPS estimate increased from -US$0.813 per share to -US$0.692 per share. Biotechs industry in the US expected to see average net income decline 12% next year. Consensus price target of US$87.87 unchanged from last update. Share price rose 3.2% to US$73.57 over the past week.Recent Insider Transactions Derivative • Apr 07Chief Technical Operations Officer notifies of intention to sell stockNeil Almstead intends to sell 52k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of April. If the sale is conducted around the recent share price of US$69.04, it would amount to US$3.6m. Since June 2025, Neil's direct individual holding has increased from 57.91k shares to 67.71k. Company insiders have collectively sold US$23m more than they bought, via options and on-market transactions in the last 12 months.ナラティブの更新 • Apr 05PTCT: Early Neurology Launch Execution Will Drive Bullish 2026 OutlookNarrative Update on PTC Therapeutics The analyst price target for PTC Therapeutics has been trimmed from $87.93 to $86.50 as analysts balance generally higher Street targets and improved profit margin assumptions with slightly softer revenue growth expectations and a more conservative future P/E. Analyst Commentary Recent research updates on PTC Therapeutics show a mix of optimism and caution, with several analysts adjusting price targets after the Q4 report, Sephience launch updates, and broader sector views.Board Change • Apr 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 5 highly experienced directors. Director Jessica Chutter was the last director to join the board, commencing their role in 2026. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Mar 25PTC Therapeutics, Inc. Appoints Jessica Chutter to Board of DirectorsPTC Therapeutics, Inc. announced the appointment of Jessica Chutter to its Board of Directors. Ms. Chutter is a highly accomplished biotechnology investment banker with an extensive list of achievements over her long tenure at Morgan Stanley, including building and leading the bank's biotechnology franchise. Ms. Chutter recently retired as Managing Director and Chair of Biotechnology Investment Banking of Morgan Stanley after a distinguished career spanning over 40 years. She helped build the biotechnology banking practice at Morgan Stanley and is widely considered a pioneer in establishing the field of biotechnology investment banking. During her tenure at Morgan Stanley, Ms. Chutter was involved in approximately $80 billion of capital raising and $85 billion of strategic transactions. Ms. Chutter earned a BA in Commerce/Economics from McGill University and an MBA from Harvard University.ナラティブの更新 • Mar 22PTCT: Future Earnings Power Will Be Driven By Growing PKU And Huntington’s PipelinesAnalysts have raised PTC Therapeutics' consensus price target from the low $90s to around $120, citing updated Q4 results, early Sephience traction, and expectations that newer revenue streams could offset pressure in the DMD franchise. Analyst Commentary Recent research on PTC Therapeutics has leaned constructive, with several bullish analysts tying higher valuation ranges to execution around Sephience, updated Q4 commentary, and the broader revenue mix.Recent Insider Transactions Derivative • Mar 08Executive VP & Chief Medical Officer notifies of intention to sell stockLee Golden intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of March. If the sale is conducted around the recent share price of US$63.38, it would amount to US$634k. Since June 2025, Lee's direct individual holding has increased from 26.64k shares to 52.38k. Company insiders have collectively sold US$25m more than they bought, via options and on-market transactions in the last 12 months.ナラティブの更新 • Mar 07PTCT: Future Earnings Power Will Be Driven By Expanding PKU And Huntington’s FranchisesThe analyst price target for PTC Therapeutics has been raised by $6.61, with analysts pointing to stronger modeled revenue growth, higher profit margins, and updated P/E assumptions following recent Q4 commentary and comparative advantages in Huntington's disease treatments. Analyst Commentary Recent Street research around PTC Therapeutics has been broadly constructive, with several bullish analysts adjusting their models after the Q4 update and early Sephience launch commentary.Major Estimate Revision • Feb 26Consensus EPS estimates upgraded to US$0.60 lossThe consensus outlook for fiscal year 2026 has been updated. 2026 losses forecast to reduce from -US$1.00 to -US$0.596 per share. Revenue forecast steady at US$986.0m. Biotechs industry in the US expected to see average net income decline 7.9% next year. Consensus price target broadly unchanged at US$87.57. Share price was steady at US$67.76 over the past week.Recent Insider Transactions • Feb 24CEO & Director recently sold US$511k worth of stockOn the 18th of February, Matthew Klein sold around 7k shares on-market at roughly US$69.36 per share. This transaction amounted to 5.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$630k. Matthew has been a net seller over the last 12 months, reducing personal holdings by US$2.9m.New Risk • Feb 22New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 9.4% 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 Negative equity (-US$205m). Earnings are forecast to decline by an average of 9.4% per year for the foreseeable future. High level of non-cash earnings (97% accrual ratio). Minor Risks Significant insider selling over the past 3 months (US$3.3m sold).ナラティブの更新 • Feb 21PTCT: Sephience Execution Will Drive Bullish 2026 Outlook Despite DMD PressureNarrative Update: PTC Therapeutics The analyst price target for PTC Therapeutics has shifted modestly lower to align with our updated fair value of about $87.93, as analysts weigh mixed revisions to revenue growth and profitability assumptions against ongoing support from Sephience-driven estimates. Analyst Commentary Recent Street research on PTC Therapeutics centers on how Sephience trends could influence the company’s revenue mix, profitability path, and valuation, especially as the DMD franchise faces pressure.Recent Insider Transactions Derivative • Feb 20CEO & Director notifies of intention to sell stockMatthew Klein intends to sell 7k shares in the next 90 days after lodging an Intent To Sell Form on the 18th of February. If the sale is conducted around the recent share price of US$69.36, it would amount to US$511k. For the year to December 2022, Matthew's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Matthew's direct individual holding has increased from 59.54k shares to 106.39k. Company insiders have collectively sold US$23m more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Feb 20Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: US$8.58 (up from US$4.73 loss in FY 2024). Revenue: US$1.73b (up 115% from FY 2024). Net income: US$682.6m (up US$1.05b from FY 2024). Profit margin: 39% (up from net loss in FY 2024). The move to profitability was primarily driven by higher revenue. Products in clinical trials Phase II: 2 Phase III: 1 Post-clinical trial products Pre-registration: 1 Approved (during full year): 1 Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 13PTC Therapeutics Provides Regulatory Update on TranslarnaPTC Therapeutics, Inc. announced that it has withdrawn the New Drug Application (NDA) resubmission for Translarna (ataluren) for the treatment of nonsense mutation Duchenne muscular dystrophy (DMD) following U.S. Food and Drug Administration (FDA) feedback on the application review.ナラティブの更新 • Feb 06PTCT: Index Additions And Pipeline Execution Will Shape Bullish 2026 OutlookAnalysts have raised their fair value estimate for PTC Therapeutics to about $88.50 from $81.86, reflecting updated views on the discount rate, revenue trends, profit expectations, and a higher assumed future P/E that aligns with recent price target increases from several research firms. Analyst Commentary Recent Street research on PTC Therapeutics has focused on price target adjustments and rating changes, which feed directly into how analysts think about valuation, execution risk, and potential growth opportunities.お知らせ • Feb 05PTC Therapeutics, Inc. to Report Q4, 2025 Results on Feb 19, 2026PTC Therapeutics, Inc. announced that they will report Q4, 2025 results on Feb 19, 2026ナラティブの更新 • Jan 23PTCT: Single-Drug Dependence Will Likely Limit Upside Despite Strong Launch StartNarrative Update: PTC Therapeutics (PTCT) The analyst price target for PTC Therapeutics is updated in line with a series of upward Street revisions, as analysts point to stronger than expected Sephience launch metrics and recent Q3 outperformance, along with generally supportive views on small to mid cap biotech heading into 2026. Analyst Commentary Street research on PTC Therapeutics has leaned positive around the Q3 report and the Sephience launch, with several large firms lifting price targets after what they describe as strong initial commercial execution.お知らせ • Jan 13PTC Therapeutics, Inc. Provides Revenue Guidance for the Full Year 2026PTC Therapeutics, Inc. provided revenue guidance for the full year 2026. For the full year 2026, PTC anticipates total product revenue of $700 million to $800 million, excluding Evrysdi royalty revenue and collaboration revenue.Recent Insider Transactions • Jan 12CEO & Director recently sold US$630k worth of stockOn the 7th of January, Matthew Klein sold around 8k shares on-market at roughly US$77.15 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Matthew has been a net seller over the last 12 months, reducing personal holdings by US$2.6m.ナラティブの更新 • Jan 08PTCT: Future Earnings Power Will Be Driven By Expanding PKU FranchiseThe analyst price target for PTC Therapeutics has been raised from about $103 to about $115. Analysts cited stronger Sephience launch trends, a shift in the modeled profit margin to 34%, a more moderate future P/E near 20x, and a less conservative revenue outlook as key drivers of the change.Recent Insider Transactions • Jan 04CEO & Director recently sold US$620k worth of stockOn the 30th of December, Matthew Klein sold around 8k shares on-market at roughly US$76.64 per share. This transaction amounted to 8.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Matthew has been a net seller over the last 12 months, reducing personal holdings by US$2.2m.Recent Insider Transactions Derivative • Dec 31CEO & Director notifies of intention to sell stockMatthew Klein intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 30th of December. If the sale is conducted around the recent share price of US$76.64, it would amount to US$620k. For the year to December 2022, Matthew's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Matthew's direct individual holding has increased from 58.28k shares to 82.15k. Company insiders have collectively sold US$21m more than they bought, via options and on-market transactions in the last 12 months.ナラティブの更新 • Dec 25PTCT Overreliance On Single Drug Will Likely Cap Share Price UpsideThe analyst fair value estimate for PTC Therapeutics has been raised from $44.00 to $55.00 per share as analysts factor in stronger than expected Sephience launch metrics, upwardly revised price targets across the Street, and improving confidence in the durability of the company’s growth trajectory. Analyst Commentary Recent Street research has broadly welcomed PTC Therapeutics Q3 performance and the stronger than expected Sephience launch, with several major firms lifting their price targets.お知らせ • Dec 24PTC Therapeutics Announces Approval of Sephience™? (sepiapterin) for the Treatment of Children and Adults Living with Phenylketonuria (PKU) in JapanPTC Therapeutics, Inc. announced that Sephience™ (sepiapterin) has been approved by the Japanese Ministry of Health, Labor and Welfare (MHLW) for the treatment of children and adults living with phenylketonuria (PKU). The label includes individuals of all ages and the full spectrum of disease severity. PTC will now engage in pricing discussions which are expected to conclude in First Quarter 2026, with launch occurring shortly thereafter. Sephience™ is indicated for the treatment of adult and pediatric patients with phenylketonuria (PKU). Sephience is a natural precursor of the enzymatic co-factor BH4, a critical co-factor for phenylalanine hydroxylase (PAH). Through its mechanism of action, Sephience is able to effectively reduce blood phenylalanine (Phe) levels and has the potential to treat a broad range of PKU patients. Sephience is approved in the European Union /European Economic Area region, the United States and Japan.Recent Insider Transactions Derivative • Dec 19Chief Business Officer notifies of intention to sell stockEric Pauwels intends to sell 40k shares in the next 90 days after lodging an Intent To Sell Form on the 17th of December. If the sale is conducted around the recent share price of US$75.42, it would amount to US$3.0m. Since March 2025, Eric's direct individual holding has increased from 19.79k shares to 20.06k. Company insiders have collectively sold US$21m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Dec 11PTC Therapeutics Announces Health Canada Approval of Sephience™ (sepiapterin) for the Treatment of Children and Adults Living with Phenylketonuria (PKU)PTC Therapeutics Canada ULC announced that Health Canada has approved Sephience™? (sepiapterin) for the treatment of children and adults living with phenylketonuria (PKU). The approval includes broad labeling for the treatment of hyperphenylalaninemia (HPA) in adult and pediatric patients 1 month old and older with sepiapterin-responsive PKU. The Health Canada approval is based on the evidence of significant efficacy and safety from the Phase 3 APHENITY trial as well as durability of treatment effect in the APHENITY long-term extension study. Sephience is now commercially available in Canada. Sephience was recently approved by the U.S. Food and Drug Administration and granted marketing authorization by the European Commission.ナラティブの更新 • Dec 11PTCT: Launch Momentum And Index Additions Will Shape 2025 OutlookThe analyst price target for PTC Therapeutics has been raised by about $1.36 to roughly $81.86, as analysts highlight stronger than expected Sephience launch metrics, improving revenue and margin assumptions, and sustained post earnings momentum. Analyst Commentary Analysts are broadly constructive on PTC Therapeutics following its latest earnings, citing Sephience outperformance and improving visibility into the company’s growth trajectory.ナラティブの更新 • Nov 27PTCT: Revenue Outlook And New Launch Performance Will Influence 2025 AssessmentAnalysts have raised their price target for PTC Therapeutics from approximately $77.93 to $80.50, citing stronger-than-expected Sephience sales and continued momentum following the company's latest earnings report. Analyst Commentary Recent reports from Wall Street analysts reflect a range of views regarding PTC Therapeutics' execution and growth prospects, primarily driven by the company's strong recent earnings and the launch of Sephience.Recent Insider Transactions Derivative • Nov 13Independent Director notifies of intention to sell stockEmma Reeve intends to sell 7k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of November. If the sale is conducted around the recent share price of US$74.50, it would amount to US$546k. Since March 2025, Emma's direct individual holding has decreased from 8.53k shares to 4.33k. Company insiders have collectively sold US$14m more than they bought, via options and on-market transactions in the last 12 months.ナラティブの更新 • Nov 11PTCT: Revenue Guidance Narrowing And Launch Momentum Will Shape 2025 OutlookThe analyst price target for PTC Therapeutics has been raised by $10, as analysts cite stronger-than-expected Sephience sales and increasing momentum following the company's recent earnings beat. Analyst Commentary Recent analyst reports on PTC Therapeutics highlight a wide range of perspectives following the company’s robust third-quarter results and new product launches.Reported Earnings • Nov 06Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$0.20 (up from US$1.39 loss in 3Q 2024). Revenue: US$211.0m (up 7.2% from 3Q 2024). Net income: US$15.9m (up US$122.6m from 3Q 2024). Profit margin: 7.5% (up from net loss in 3Q 2024). The move to profitability was primarily driven by lower expenses. Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is expected to decline by 6.8% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 21%. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Price Target Changed • Nov 05Price target increased by 14% to US$76.27Up from US$67.00, the current price target is an average from 15 analysts. New target price is 6.3% above last closing price of US$71.77. Stock is up 66% over the past year. The company is forecast to post earnings per share of US$9.23 next year compared to a net loss per share of US$4.73 last year.お知らせ • Nov 05PTC Therapeutics, Inc. Narrows Revenue Guidance for the Year 2025PTC Therapeutics, Inc. narrowed revenue guidance for the year 2025. Total revenue of $750 to $800 million, which includes in-line products and royalty revenue from Evrysdi.Recent Insider Transactions Derivative • Oct 31Independent Director notifies of intention to sell stockEmma Reeve intends to sell 16k shares in the next 90 days after lodging an Intent To Sell Form on the 30th of October. If the sale is conducted around the recent share price of US$69.50, it would amount to US$1.1m. Since March 2025, Emma's direct individual holding has decreased from 8.53k shares to 8.00k. Company insiders have collectively sold US$13m more than they bought, via options and on-market transactions in the last 12 months.ナラティブの更新 • Oct 28Upcoming Launches Will Drive Rare Disease Momentum Despite Ongoing Regulatory RisksAnalysts have increased their average price target for PTC Therapeutics by approximately $1.25 to $67.93. They cite heightened community interest in Sephience, improved profit margin forecasts, and overall strong sentiment for upcoming launches, despite recent regulatory setbacks.Recent Insider Transactions Derivative • Oct 05Chief Technical Operations Officer notifies of intention to sell stockNeil Almstead intends to sell 55k shares in the next 90 days after lodging an Intent To Sell Form on the 3rd of October. If the sale is conducted around the recent share price of US$66.05, it would amount to US$3.6m. Since December 2024, Neil's direct individual holding has increased from 41.34k shares to 57.91k. Company insiders have collectively sold US$9.5m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Sep 10Chief Business Officer notifies of intention to sell stockEric Pauwels intends to sell 40k shares in the next 90 days after lodging an Intent To Sell Form on the 8th of September. If the sale is conducted around the recent share price of US$56.92, it would amount to US$2.3m. Since March 2025, Eric has owned 19.79k shares directly. Company insiders have collectively sold US$6.4m more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Sep 08PTC Therapeutics, Inc.'s (NASDAQ:PTCT) Shares Bounce 26% But Its Business Still Trails The IndustryPTC Therapeutics, Inc. ( NASDAQ:PTCT ) shares have had a really impressive month, gaining 26% after a shaky period...Valuation Update With 7 Day Price Move • Sep 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$58.01, the stock trades at a forward P/E ratio of 24x. Average trailing P/E is 16x in the Biotechs industry in the US. Total returns to shareholders of 7.7% over the past three years.ナラティブの更新 • Aug 27Broad Approvals Will Elevate Rare Disease Markets Despite SetbacksAnalysts lowered their price targets for PTC Therapeutics following the FDA's Complete Response Letter for vatiquinone, citing the removal of Friedreich's ataxia revenues and increased regulatory uncertainty, though encouraging early signals from the Sephience launch and its broad approval label partially offset downside, resulting in a modest consensus target reduction from $68.31 to $66.69. Analyst Commentary Bullish analysts highlight the recent selloff post-FDA Complete Response Letter (CRL) for vatiquinone in Friedreich's ataxia as a buying opportunity, believing negative outcomes were anticipated and already priced into shares.お知らせ • Aug 20PTC Therapeutics, Inc. Receives Complete Response Letter for Vatiquinone NDAPTC Therapeutics, Inc. announced that the U.S. Food and Drug Administration (FDA) has issued a Complete Response Letter (CRL) related to the New Drug Application (NDA) for vatiquinone for the treatment of children and adults living with Friedreich's ataxia. The FDA stated in the CRL that substantial evidence of efficacy was not demonstrated for vatiquinone and that an additional adequate and well-controlled study would be needed to support NDA resubmission. Vatiquinone has been evaluated in a number of clinical studies, many focused on pediatric patients, and has demonstrated an impact on mortality risk, and a number of neurological and neuromuscular disease symptoms.Reported Earnings • Aug 08Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: US$0.83 loss per share (improved from US$1.29 loss in 2Q 2024). Revenue: US$178.9m (down 4.2% from 2Q 2024). Net loss: US$64.8m (loss narrowed 35% from 2Q 2024). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Revenue is expected to decline by 4.9% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 19%. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Recent Insider Transactions • Aug 07CEO & Director recently sold US$556k worth of stockOn the 5th of August, Matthew Klein sold around 11k shares on-market at roughly US$51.74 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Matthew has been a net seller over the last 12 months, reducing personal holdings by US$1.7m.Recent Insider Transactions Derivative • Aug 06CEO & Director notifies of intention to sell stockMatthew Klein intends to sell 11k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of August. If the sale is conducted around the recent share price of US$51.74, it would amount to US$556k. For the year to December 2022, Matthew's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Matthew's direct individual holding has increased from 58.28k shares to 63.23k. Company insiders have collectively sold US$5.7m more than they bought, via options and on-market transactions in the last 12 months.Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$52.13, the stock trades at a forward P/E ratio of 10x. Average trailing P/E is 16x in the Biotechs industry in the US. Total loss to shareholders of 2.6% over the past three years.Major Estimate Revision • Jul 29Consensus EPS estimates increase by 24%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from US$1.63b to US$1.75b. EPS estimate increased from US$6.10 to US$7.55 per share. Net income forecast to shrink 28% next year vs 12% decline forecast for Biotechs industry in the US. Consensus price target up from US$62.81 to US$67.38. Share price rose 6.3% to US$49.29 over the past week.お知らせ • Jul 29PTC Therapeutics, Inc. Announces FDA Approval of Sephience™? (Sepiapterin) for the Treatment of Children and Adults Living with Phenylketonuria (PKU)PTC Therapeutics, Inc. announced that the U.S. Food and Drug Administration (FDA) has approved SEPHIENCE™? (sepiapterin) for the treatment of children and adults living with phenylketonuria (PKU). The approval includes broad labeling for the treatment of hyperphenylalaninemia (HPA) in adult and pediatric patients 1 month of age and older with sepiapterin-responsive PKU. The FDA approval is based on the evidence of significant efficacy and safety from the Phase 3 APHENITY trial as well as durability of treatment effect in the APHENITY long-term extension study. SEPHIENCE and PDE-5 inhibitors (e.g., sildenafil, vardenafil, or tadalafil) induce vasorelaxation and may reduce blood pressure. Monitor for signs and symptoms of hypotension.Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. CEO & Director Matt Klein was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Jun 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 44% 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 Negative equity (-US$186m). Earnings are forecast to decline by an average of 44% per year for the foreseeable future. Minor Riskお知らせ • Jun 24PTC Therapeutics, Inc. Receives Marketing Authorization by the European Commission for the Treatment of Children and Adults Living with PhenylketonuriaPTC Therapeutics, Inc. announced that Sephience (sepiapterin) was granted marketing authorization by the European Commission for the treatment of children and adults living with phenylketonuria (PKU). The authorization includes a broad label inclusive of all ages and disease severities. The European approval is based on the highly statistically significant results from the Phase 3 APHENITY trial as well as evidence of durable treatment effect and the ability of study participants to optimize their diet in the APHENITY long-term extension study. The marketing authorization is applicable to all 27 European Union member states as well as Iceland, Norway and Liechtenstein. The Sephience European launch will be initiated in Germany in the first half of July. A New Drug Application (NDA) for sepiapterin remains on schedule for its FDA target action date of July 29, 2025. Review of approval applications is ongoing in several other countries including Japan and Brazil.Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 28%After last week's 28% share price gain to US$46.39, the stock trades at a forward P/E ratio of 14x. Average trailing P/E is 17x in the Biotechs industry in the US. Total returns to shareholders of 46% over the past three years.Major Estimate Revision • May 13Consensus revenue estimates increase by 69%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from US$884.9m to US$1.50b. Now expected to report a profit of US$5.36 instead of losses of -US$1.17 per share. Biotechs industry in the US expected to see average net income decline 13% next year. Consensus price target down from US$64.79 to US$61.13. Share price rose 13% to US$46.01 over the past week.New Risk • May 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-US$186m). Earnings are forecast to decline by an average of 54% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (US$1.6m sold).Reported Earnings • May 07First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$11.09 (up from US$1.20 loss in 1Q 2024). Revenue: US$1.18b (up 460% from 1Q 2024). Net income: US$866.6m (up US$958.1m from 1Q 2024). Profit margin: 74% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates significantly. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is expected to decline by 6.1% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 18%. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • May 07PTC Therapeutics, Inc. Provides Revenue Guidance for the Year 2025PTC Therapeutics, Inc. provided revenue guidance for the year 2025. For the year, the company expects revenues for the full-year 2025 to be between $650 million and $800 million, which includes in-line products, potential new product launches, and royalty revenue from Evrysdi.お知らせ • May 06PTC Therapeutics, Inc. Announces Results from the Phase 2 PIVOT-HD Study of PTC518 (Votoplam) in Stage 2 and Stage 3 Huntington's Disease PatientsPTC Therapeutics, Inc. announced results from the Phase 2 PIVOT-HD study of PTC518 (votoplam) in Stage 2 and Stage 3 Huntington's disease (HD) patients. The study met its primary endpoint of reduction in blood Huntingtin (HTT) protein levels (pIVOT-HD was designed as a 12-month placebo-controlled trial to assess pharmacodynamic effect and safety of PTC518 at two dose levels--5mg and 10mg, relative to placebo. Those originally randomized to 5mg and 10mg would continue at that dose level; those initially randomized to 5mg or 10mg. All subjects and investigators remain blinded to initial treatment assignment. Presentation of study results is expected at a scientific meeting later in the year. PTC518 is a small molecule splicing modifier that acts via a unique mechanism to promote the inclusion of a novel pseudoexon containing a premature termination codon, thus triggering Huntingtin (HTT) mRNA degradation and subsequent reduction in HTT protein levels. PTC518 was discovered from PTC's validated splicing platform, following the successful discovery and development of Evrysdi (risdiplam) for spinal muscular atrophy (SMA).お知らせ • May 01PTC Therapeutics, Inc., Annual General Meeting, Jun 17, 2025PTC Therapeutics, Inc., Annual General Meeting, Jun 17, 2025.お知らせ • Apr 25PTC Therapeutics Receives Positive CHMP Opinion for Sephience™ (sepiapterin) for the Treatment of Children and Adults Living with Phenylketonuria (PKU)PTC Therapeutics, Inc. announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has issued a positive opinion on the marketing authorization application for Sephience™ (sepiapterin) for the treatment of children and adults living with phenylketonuria (PKU). The opinion includes a broad label inclusive of all ages and disease severities. Launch planning in Europe is well underway with priorities in Germany and other key European markets where named patient access will be immediately available. PTC expects the European Commission to ratify the marketing authorization for Sephience in approximately two months. The decision will be applicable to all 27 European Union member states, as well as Iceland, Norway and Liechtenstein. The New Drug Application (NDA) for sepiapterin is under review by the U.S. Food and Drug Administration (FDA) with a Prescription Drug User Fee Act (PDUFA) target action date of July 29, 2025. Review of approval applications is ongoing in several other countries including Japan and Brazil.Major Estimate Revision • Mar 30Consensus EPS estimates upgraded to US$0.77 loss, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$955.4m to US$942.3m. 2025 losses expected to reduce from -US$1.07 to -US$0.77 per share. Biotechs industry in the US expected to see average net income decline 12% next year. Consensus price target of US$64.71 unchanged from last update. Share price fell 5.1% to US$54.24 over the past week.お知らせ • Mar 29PTC Therapeutics, Inc. Provides Regulatory Update on Translarna (Aaluren) in EuropePTC Therapeutics, Inc. announced that the European Commission (EC) has adopted the opinion of the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) to not renew the authorization of Translarna (ataluren) for the treatment of nonsense mutation Duchenne muscular dystrophy. While this action effectively removes the drug's conditional marketing authorization in the European Economic Area, the EC indicated that individual countries within the European Union can leverage Articles 117(3) and 5(1) of the EU Directive 2001/83 to allow continued use of Translarna. Translarna (ataluren), discovered and developed by PTC Therapeutics, is a protein restoration therapy designed to enable the formation of a functioning protein in patients with genetic disorders caused by a nonsense mutation. A nonsense mutation is an alteration in the genetic code that prematurely halts the synthesis of an essential protein. The resulting disorder is determined by which protein cannot be expressed in its entirety and is no longer functional, such as dystrophin in Duchenne. Translarna, the tradename of ataluren, is licensed in multiple countries for the treatment of nonsense mutation Duchenne muscular dystrophy (nmDMD) in ambulatory patients aged 2 years and older. Ataluren is an investigational new drug in the United States.新しいナラティブ • Mar 212025 Approvals Of Sepiapterin And Vatiquinone Will Meet Unmet Medical Needs Multiple anticipated regulatory approvals and successful product launches are expected to significantly boost PTC Therapeutics' revenues. お知らせ • Mar 20PTC Therapeutics Presents New Sepiapterin Data from Ongoing StudiesPTC Therapeutics, Inc. shared new data being presented from the Phase 3 APHENITY trial and subsequent open-label extension study at the 2025 American College of Medical Genetics and Genomics (ACMG) Annual Clinical Genetics Meeting. These data provide further evidence of the potential meaningful benefits of sepiapterin treatment for the full spectrum of phenylketonuria (PKU) patients, including significant diet liberalization. Key data presented include: Over 97% of subjects participating in the Phe tolerance protocol of the APHENITY open-label extension study demonstrate the ability to liberalize their diet while on sepiapterin treatment, with a mean increase in protein intake of 126%. 66% of subjects participating in the Phe tolerance sub study reached or exceeded the age-adjusted recommended daily allowance of protein intake for an individual without PKU, while maintaining control of blood Phe levels. Genetic variant analysis of subjects participating in the APHENITY study demonstrates that over 70% had a Genotype-Phenotype Value (GPV) consistent with classical PKU.Major Estimate Revision • Mar 16Consensus EPS estimates fall by 39%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -US$0.766 to -US$1.07 per share. Revenue forecast unchanged at US$955.3m. Biotechs industry in the US expected to see average net income decline 13% next year. Consensus price target up from US$63.21 to US$64.93. Share price rose 3.6% to US$54.50 over the past week.Recent Insider Transactions Derivative • Mar 11Executive VP & Chief Legal Officer notifies of intention to sell stockMark Boulding intends to sell 68k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of March. If the sale is conducted around the recent share price of US$53.09, it would amount to US$3.6m. Since June 2024, Mark's direct individual holding has increased from 48.69k shares to 58.70k. Company insiders have collectively sold US$3.5m more than they bought, via options and on-market transactions in the last 12 months.Seeking Alpha • Mar 09PTC Therapeutics: Upside In Rare Disease InnovationSummary PTC Therapeutics is poised for a potential turnaround with key FDA reviews in 2025 for vatiquinone and sepiapterin, despite past revenue declines. The company maintains a strong cash position of over $2 billion, providing a buffer as it awaits regulatory approvals to boost revenue. PTC's diversified pipeline, including vatiquinone for Friedreich's ataxia, could significantly enhance revenue if approved, targeting a $2.8 billion market. Financial risks remain due to reliance on regulatory outcomes and high R&D spending, but Evrysdi royalties offer some revenue stability. Read the full article on Seeking AlphaNew Risk • Mar 02New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$363m Forecast net loss in 3 years: US$12m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Negative equity (-US$1.1b). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$12m net loss in 3 years). Significant insider selling over the past 3 months (US$2.4m sold).お知らせ • Mar 01PTC Therapeutics, Inc. Reports Intangible Asset Impairment for the Fourth Quarter Ended December 31, 2024PTC Therapeutics, Inc. reported intangible asset impairment for the fourth quarter ended December 31, 2024. For the quarter, the company reported intangible asset impairment of $159,548,000.Breakeven Date Change • Feb 28Forecast to breakeven in 2025The 13 analysts covering PTC Therapeutics expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$137.7m in 2025. Earnings growth of 60% is required to achieve expected profit on schedule.Recent Insider Transactions • Feb 24CEO & Director recently sold US$390k worth of stockOn the 20th of February, Matthew Klein sold around 8k shares on-market at roughly US$50.11 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Matthew has been a net seller over the last 12 months, reducing personal holdings by US$1.1m.お知らせ • Feb 20PTC Therapeutics Announces FDA Acceptance and Priority Review for Vatiquinone NDA for the Treatment of Children and Adults with Friedreich's AtaxiaPTC Therapeutics, Inc. announced that the U.S. Food and Drug Administration (FDA) has accepted for filing the New Drug Application (NDA) for vatiquinone for the treatment of children and adults living with Friedreich's ataxia (FA). The application has been granted priority Review and assigned a Prescription Drug User Fee Act (PDUFA) target action date of August 19, 2025. The vatiquinone NDA is based on data from the placebo-controlled MOVE-FA study as well as results from two long-term studies including pediatric and adult FA patients. Data from these three studies demonstrate significant, durable and clinically meaningful evidence of slowing disease progression on key aspects of disease. In addition, these studies demonstrate that vatiquinone is safe and well tolerated in all age groups studied. The vatiquin one NDA was the fourth approval application submitted to the FDA by PTC in 2024. All four applications were accepted for review.お知らせ • Feb 13PTC Therapeutics, Inc. to Report Q4, 2024 Results on Feb 27, 2025PTC Therapeutics, Inc. announced that they will report Q4, 2024 results on Feb 27, 2025Breakeven Date Change • Jan 14Forecast to breakeven in 2025The 14 analysts covering PTC Therapeutics expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 43% to 2024. The company is expected to make a profit of US$8.19m in 2025. Average annual earnings growth of 61% is required to achieve expected profit on schedule.お知らせ • Jan 14PTC Therapeutics, Inc. Provides Revenue Guidance for the Year 2025PTC Therapeutics, Inc. provided revenue guidance for the year 2025. For the year, the company expects total revenues for the full-year 2025 to be between $600 million and $800 million, including in-line products, potential new product launches and royalty revenue from Evrysdi.Recent Insider Transactions • Jan 06CEO & Director recently sold US$374k worth of stockOn the 31st of December, Matthew Klein sold around 8k shares on-market at roughly US$45.16 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Matthew has been a net seller over the last 12 months, reducing personal holdings by US$712k.Recent Insider Transactions Derivative • Jan 02CEO & Director notifies of intention to sell stockMatthew Klein intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 31st of December. If the sale is conducted around the recent share price of US$45.16, it would amount to US$374k. For the year to December 2022, Matthew's total compensation was 8% salary and 92% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Matthew's direct individual holding has increased from 43.48k shares to 52.48k. Company insiders have collectively sold US$2.1m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Dec 19PTC Therapeutics, Inc. Announces Vatiquinone NDA Submission to FDA for the Treatment of Children and Adults Living with Friedreich AtaxiaPTC Therapeutics, Inc. announced the submission of the vatiquinone New Drug Application (NDA) for the treatment of children and adults living with Friedreich ataxia (FA) to the U.S. Food and Drug Administration (FDA). The vatiquinone NDA is based on data from the placebo-controlled MOVE-FA study as well as results from two long-term studies including pediatric and adult FA patients. Data from these three studies demonstrate significant, durable and clinically meaningful evidence of slowing disease progression on key aspects of disease. In addition, these studies demonstrate that vatiquinone is safe and well tolerated in all age groups studied. The vatiquinone NDA is the fourth approval application PTC has submitted to the FDA this year. The BLA for its AADC gene therapy was submitted in March 2024 and approved in November 2024. NDAs for sepiapterin, for the treatment of adults and children living with phenylketonuria (PKU) and for Translarna™ (ataluren) for the treatment of boys and young men with nonsense mutation Duchenne muscular dystrophy, have been also submitted and accepted for review.Recent Insider Transactions Derivative • Dec 03Executive VP & Chief Legal Officer notifies of intention to sell stockMark Boulding intends to sell 86k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of December. If the sale is conducted around the recent share price of US$52.26, it would amount to US$4.5m. Since March 2024, Mark has owned 48.69k shares directly. Company insiders have collectively sold US$1.3m more than they bought, via options and on-market transactions in the last 12 months.Price Target Changed • Dec 02Price target increased by 7.6% to US$48.43Up from US$45.00, the current price target is an average from 14 analysts. New target price is 7.0% below last closing price of US$52.07. Stock is up 108% over the past year. The company is forecast to post a net loss per share of US$4.99 next year compared to a net loss per share of US$8.37 last year.Seeking Alpha • Nov 29PTC Therapeutics: ALS Drug Fail Kicks Off Critical Year Of CatalystsSummary PTC Therapeutics faces significant risks with its key revenue sources, Translarna and Emflaza, amid regulatory challenges and generic competition. Despite a strong cash position, PTC's heavy losses and uncertain pipeline prospects justify maintaining a "sell" rating. Upcoming catalysts in 2025, including FDA decisions on Translarna and sepiapterin, are critical but uncertain. Competitive pressures in the DMD market and doubts about pipeline drugs' market potential further support a cautious outlook. Read the full article on Seeking Alpha収支内訳PTC Therapeutics の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史NasdaqGS:PTCT 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費31 Mar 26827-187352031 Dec 251,731683347030 Sep 251,779752335030 Jun 251,765629324031 Mar 251,773595309031 Dec 24807-363301030 Sep 24901-453293030 Jun 24900-480300031 Mar 24928-579319031 Dec 23938-627333030 Sep 23798-642349030 Jun 23819-618348031 Mar 23770-571340031 Dec 22699-559326030 Sep 22697-531320030 Jun 22618-556309031 Mar 22569-522298031 Dec 21539-524286030 Sep 21492-455274030 Jun 21472-391263031 Mar 21430-454247031 Dec 20381-438244030 Sep 20358-441233030 Jun 20311-432225031 Mar 20322-292220031 Dec 19307-252203030 Sep 19297-222188030 Jun 19279-213175031 Mar 19262-181159031 Dec 18265-128152030 Sep 18256-78139030 Jun 18245-61133031 Mar 18224-69129031 Dec 17194-79121030 Sep 17142-107108030 Jun 17123-108101031 Mar 1790-13095031 Dec 1683-14297030 Sep 1670-16699030 Jun 1657-17497031 Mar 1648-17490031 Dec 1537-17082030 Sep 1537-14774030 Jun 1529-131630質の高い収益: PTCTは現在利益が出ていません。利益率の向上: PTCTは現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: PTCTは利益を出していないが、過去 5 年間で年間37.4%の割合で損失を削減してきた。成長の加速: PTCTの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: PTCTは利益が出ていないため、過去 1 年間の収益成長をBiotechs業界 ( 54.5% ) と比較することは困難です。株主資本利益率高いROE: PTCTの負債は資産を上回っているため、自己資本利益率を計算することは困難です。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YPharmaceuticals-biotech 、過去の業績が好調な企業。View Financial Health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2026/06/09 09:02終値2026/06/09 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PTC Therapeutics, Inc. 13 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。35 アナリスト機関Joel BeattyBairdLuke HerrmannBairdnull nullBaird32 その他のアナリストを表示
Reported Earnings • May 11First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: US$0.034 loss per share (down from US$11.09 profit in 1Q 2025). Revenue: US$272.6m (down 77% from 1Q 2025). Net loss: US$2.81m (down 100% from profit in 1Q 2025). Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) also surpassed analyst estimates by 94%. Revenue is forecast to grow 16% 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 increased by 83% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 22PTC Therapeutics, Inc. to Report Q1, 2026 Results on May 07, 2026PTC Therapeutics, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 07, 2026
Reported Earnings • Feb 20Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: US$8.58 (up from US$4.73 loss in FY 2024). Revenue: US$1.73b (up 115% from FY 2024). Net income: US$682.6m (up US$1.05b from FY 2024). Profit margin: 39% (up from net loss in FY 2024). The move to profitability was primarily driven by higher revenue. Products in clinical trials Phase II: 2 Phase III: 1 Post-clinical trial products Pre-registration: 1 Approved (during full year): 1 Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 05PTC Therapeutics, Inc. to Report Q4, 2025 Results on Feb 19, 2026PTC Therapeutics, Inc. announced that they will report Q4, 2025 results on Feb 19, 2026
Reported Earnings • Nov 06Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$0.20 (up from US$1.39 loss in 3Q 2024). Revenue: US$211.0m (up 7.2% from 3Q 2024). Net income: US$15.9m (up US$122.6m from 3Q 2024). Profit margin: 7.5% (up from net loss in 3Q 2024). The move to profitability was primarily driven by lower expenses. Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is expected to decline by 6.8% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 21%. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 08Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: US$0.83 loss per share (improved from US$1.29 loss in 2Q 2024). Revenue: US$178.9m (down 4.2% from 2Q 2024). Net loss: US$64.8m (loss narrowed 35% from 2Q 2024). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Revenue is expected to decline by 4.9% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 19%. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
ナラティブの更新 • Jun 05PTCT: Refined Rare Disease Models Will Support Huntington Progress Toward Bullish 2026 OutlookThe analyst price target for PTC Therapeutics has increased by about $0.64, with analysts citing refreshed patient build models for Sephience and updated assumptions for growth, margins, and future P/E as the reasons for the slightly higher fair value estimate. Analyst Commentary Recent Street research around PTC Therapeutics has focused on how Sephience inputs feed into long term revenue build outs, margin profiles, and the multiples analysts are willing to use in their fair value work.
ナラティブの更新 • May 19PTCT: Early Neurology Execution Will Drive Huntington Progress Toward Bullish 2026 OutlookAnalysts have nudged their average price target on PTC Therapeutics higher, from about $88 to roughly $91, reflecting updated models that factor in stronger projected revenue growth, higher expected profit margins, and a lower assumed discount rate, alongside Street research that has largely raised or reaffirmed positive price targets following recent Q4 results and Sephience launch commentary. Analyst Commentary Recent Street research on PTC Therapeutics reflects a mix of optimism around the Sephience launch and revenue outlook, alongside some caution on execution risks and prior franchises.
Recent Insider Transactions Derivative • May 17CEO & Director notifies of intention to sell stockMatthew Klein intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of May. If the sale is conducted around the recent share price of US$73.08, it would amount to US$731k. For the year to December 2022, Matthew's total compensation was 4% salary and 96% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2025, Matthew's direct individual holding has increased from 77.77k shares to 125.11k. Company insiders have collectively sold US$23m more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • May 16Analyst Forecasts For PTC Therapeutics, Inc. (NASDAQ:PTCT) Are Surging HigherPTC Therapeutics, Inc. ( NASDAQ:PTCT ) shareholders will have a reason to smile today, with the analysts making...
Reported Earnings • May 11First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: US$0.034 loss per share (down from US$11.09 profit in 1Q 2025). Revenue: US$272.6m (down 77% from 1Q 2025). Net loss: US$2.81m (down 100% from profit in 1Q 2025). Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) also surpassed analyst estimates by 94%. Revenue is forecast to grow 16% 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 increased by 83% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Seeking Alpha • May 10PTC Therapeutics: Sephience Turns The Story From Regulatory Repair To Operating LeverageSummary PTC Therapeutics is transitioning from a legacy rare disease business to a growth-focused model, anchored by the successful Sephience launch. Sephience's rapid commercial uptake is offsetting DMD franchise declines, with Q1 2026 product revenue up 47% year-over-year and strong patient onboarding momentum. PTCT's partnership with Novartis on votoplam for Huntington's disease offers de-risked late-stage upside, while a $1.9B cash position provides strategic flexibility and reduces near-term dilution risk. PTCT trades at a significant valuation discount to peers despite robust launch metrics, a durable cash runway, and a pipeline with multiple catalysts. Read the full article on Seeking Alpha
ライブニュース • May 05PTC Therapeutics Surges Ahead With Positive Votoplam Data and US$50m Novartis MilestonePTC Therapeutics reported positive 24‑month interim data from the PIVOT-HD long-term extension study of votoplam in Stage 2 Huntington’s disease. Patients on the 10 mg dose of votoplam showed a 52% reduction in disease progression vs natural history controls, while the 5 mg dose showed a 28% reduction, with a favorable safety and biomarker profile. The data triggered a US$50m milestone payment as Novartis advanced votoplam into the global Phase 3 INVEST-HD trial, and Raymond James initiated coverage with an Outperform rating and a US$108 price target. For investors, the key takeaway is that votoplam has moved further into late-stage development, with a large Phase 3 program in early-stage Huntington’s disease now underway. The reported dose-dependent effect on disease progression and the absence of new safety concerns, including no treatment-related neurofilament light chain spikes, highlight both the potential clinical relevance and the current risk profile seen in this dataset. The US$50m milestone from Novartis and new analyst coverage following the data underscore how central votoplam appears to PTC Therapeutics’ pipeline, alongside the company’s launch of Sephience for phenylketonuria management. The planned April 28, 2026 conference call is expected to offer more detail on the PIVOT-HD results, the trial design for INVEST-HD, and management’s views on future development and commercialization paths.
Major Estimate Revision • May 04Consensus EPS estimates upgraded to US$0.76 lossThe consensus outlook for fiscal year 2026 has been updated. 2026 losses forecast to reduce from -US$0.843 to -US$0.756 per share. Revenue forecast steady at US$990.8m. Biotechs industry in the US expected to see average net income decline 13% next year. Consensus price target broadly unchanged at US$88.07. Share price fell 5.9% to US$65.15 over the past week.
ナラティブの更新 • May 03PTCT: Early Neurology Launch And Huntington Progress Will Support Bullish 2026 OutlookAnalyst fair value for PTC Therapeutics has edged up by about $0.20 as analysts incorporate slightly less severe revenue declines, higher expected profitability, and a lower future P/E into their updated models following recent Q4 commentary and new coverage initiations. Analyst Commentary Street research on PTC Therapeutics over the past few months has centered on how Q4 results, early Sephience data, and franchise mix shape the earnings outlook and what that implies for fair value.
お知らせ • Apr 29PTC Therapeutics Reports Positive Topline Results from Month 24 Interim Analysis of PIVOT-HD Extension Study of VotoplamPTC Therapeutics, Inc. reported positive topline results from the 24-month interim analysis of the PIVOT-HD long-term extension study, with favorable dose-dependent effects on disease progression for Stage 2 Huntington's disease (HD) patients following 24 months of votoplam treatment compared to an external natural history cohort. The PIVOT-HD study was a 12-month placebo-controlled study of two dose levels of votoplam in participants with Stage 2 and Stage 3 HD. The study met the primary endpoint of blood Huntingtin (HTT) protein lowering at 12 weeks, with persistent dose-dependent lowering at Month 12. PIVOT-HD participants then enrolled in the PIVOT-HD extension study in which those originally randomized to receive 5 mg or 10 mg of votoplam remained on those dose levels. Participants initially randomized to receive placebo were randomized to receive 5 mg or 10 mg. All participants and investigators remain blinded to initial PIVOT-HD treatment assignment. The objectives of the long-term extension study are to assess the safety and efficacy of long-term votoplam treatment. In the interim analysis following 24 months of votoplam treatment, there was evidence of dose-dependent benefit in slowing progression on the Composite Unified Huntington's Disease Rating Scale (cUHDRS) relative to a propensity weighted natural history cohort in Stage 2 participants, with 52% and 28% slowing for 10 mg and 5 mg participants, respectively. Signals of favorable treatment effects relative to natural history were recorded across the cUHDRS subscales for the 10 mg cohort. In addition, there were no treatment-related neurofilament light chain protein (NfL) increases and mean NfL levels remained below baseline at 24 months for both high and low dose cohorts – in contrast to the reported natural history that NfL levels increase over time in individuals with HD. In Stage 3 participants, potential signals of slowing of progression were observed at 24 months. The safety data at Month 24 for both dose levels and both stages were consistent with the previously established evidence of favorable safety. Novartis announced their initiation of the global Phase 3 INVEST-HD study on their First Quarter Earnings Call. This placebo-controlled study will enroll approximately 770 individuals with early-stage HD who will be randomized 3:2 to receive votoplam 10 mg or placebo. The primary endpoint will be the change from baseline up to month 36 in the cUHDRS. The INVEST-HD study is sponsored and funded by Novartis. Novartis and PTC will continue to review the data and discuss potential next steps including regulatory interactions. PIVOT-HD was designed as a 12-month placebo-controlled trial to assess pharmacodynamic effect and safety of votoplam at two dose levels, 5 mg and 10 mg, relative to placebo. Initially, the study included only Stage 2 patients. A Stage 3 cohort of similar size was subsequently added to help identify the best study population for future studies. The primary endpoints of PIVOT-HD were total blood Huntingtin (HTT) lowering at 12 weeks and safety events. Secondary endpoints included 12-month blood HTT levels, and other blood-and central nervous system (CNS) biomarkers as well as changes in Composite Unified Huntington's Disease Rating Scale (cUHDRS). Following 12 months, patients were eligible to enroll in a long-term extension study in which all subjects would receive votoplam. Those originally randomized to 5 mg and 10 mg would continue at that dose level; those initially randomized to placebo would be randomized 1:1 to 5 mg or 10 mg. All subjects and investigators remain blinded to initial treatment assignment. Votoplam (formerly PTC518) is a small molecule splicing modifier that acts via a unique mechanism to promote the inclusion of a novel pseudoexon containing a premature termination codon, thus triggering Huntingtin (HTT) mRNA degradation and subsequent reduction in HTT protein levels. Votoplam was discovered from PTC's validated splicing platform, following the successful discovery and development of Evrysdi (risdiplam) for spinal muscular atrophy (SMA). Votoplam was partnered with Novartis in December 2024. Following the completion of the PIVOT-HD clinical trial, Novartis assumed responsibility for votoplam's development, manufacturing and commercialization. Huntington's disease (HD) is a fatal, hereditary, genetic disorder of the central nervous system. It is caused by a defective gene. This gene produces a protein, called Huntingtin (HTT), which is involved in the functioning of the nerve cells in the brain (neurons). When the gene is defective, it produces an abnormal (or mutated) HTT protein that is toxic and causes neuron damage and neuron death. HD usually presents in people who are in their 30s or 40s. Symptoms can present earlier in life, and this is called Juvenile HD. There are also cases of infantile HD, when symptoms develop in children who are younger than 10 years old. While symptoms vary from person to person, the disease primarily affects the brain and results in abnormal movements, difficulties with speech, swallowing and walking, as well as a number of other symptoms including behavioral, cognitive and motor symptoms. While there are therapies approved for specific disease symptoms, currently, there is no cure for HD and there are no approved drugs that delay the onset or slow disease progression.
Major Estimate Revision • Apr 24Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2026 has been updated. 2026 expected loss increased from -US$0.692 to -US$0.798 per share. Revenue forecast unchanged at US$988.7m. Biotechs industry in the US expected to see average net income decline 12% next year. Consensus price target broadly unchanged at US$87.93. Share price fell 5.8% to US$68.23 over the past week.
お知らせ • Apr 22PTC Therapeutics, Inc. to Report Q1, 2026 Results on May 07, 2026PTC Therapeutics, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 07, 2026
お知らせ • Apr 21PTC Therapeutics, Inc., Annual General Meeting, Jun 02, 2026PTC Therapeutics, Inc., Annual General Meeting, Jun 02, 2026.
ナラティブの更新 • Apr 19PTCT: Early Neurology Launch And Pipeline Progress Will Support Bullish 2026 OutlookAnalysts have nudged their average price target for PTC Therapeutics higher to about $88 from roughly $86.50. This reflects updates to models after recent Q4 commentary, revised views on revenue trends, margin expectations, and future P/E assumptions.
Major Estimate Revision • Apr 15Consensus estimates of losses per share improve by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$947.5m to US$984.3m. EPS estimate increased from -US$0.813 per share to -US$0.692 per share. Biotechs industry in the US expected to see average net income decline 12% next year. Consensus price target of US$87.87 unchanged from last update. Share price rose 3.2% to US$73.57 over the past week.
Recent Insider Transactions Derivative • Apr 07Chief Technical Operations Officer notifies of intention to sell stockNeil Almstead intends to sell 52k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of April. If the sale is conducted around the recent share price of US$69.04, it would amount to US$3.6m. Since June 2025, Neil's direct individual holding has increased from 57.91k shares to 67.71k. Company insiders have collectively sold US$23m more than they bought, via options and on-market transactions in the last 12 months.
ナラティブの更新 • Apr 05PTCT: Early Neurology Launch Execution Will Drive Bullish 2026 OutlookNarrative Update on PTC Therapeutics The analyst price target for PTC Therapeutics has been trimmed from $87.93 to $86.50 as analysts balance generally higher Street targets and improved profit margin assumptions with slightly softer revenue growth expectations and a more conservative future P/E. Analyst Commentary Recent research updates on PTC Therapeutics show a mix of optimism and caution, with several analysts adjusting price targets after the Q4 report, Sephience launch updates, and broader sector views.
Board Change • Apr 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 5 highly experienced directors. Director Jessica Chutter was the last director to join the board, commencing their role in 2026. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 25PTC Therapeutics, Inc. Appoints Jessica Chutter to Board of DirectorsPTC Therapeutics, Inc. announced the appointment of Jessica Chutter to its Board of Directors. Ms. Chutter is a highly accomplished biotechnology investment banker with an extensive list of achievements over her long tenure at Morgan Stanley, including building and leading the bank's biotechnology franchise. Ms. Chutter recently retired as Managing Director and Chair of Biotechnology Investment Banking of Morgan Stanley after a distinguished career spanning over 40 years. She helped build the biotechnology banking practice at Morgan Stanley and is widely considered a pioneer in establishing the field of biotechnology investment banking. During her tenure at Morgan Stanley, Ms. Chutter was involved in approximately $80 billion of capital raising and $85 billion of strategic transactions. Ms. Chutter earned a BA in Commerce/Economics from McGill University and an MBA from Harvard University.
ナラティブの更新 • Mar 22PTCT: Future Earnings Power Will Be Driven By Growing PKU And Huntington’s PipelinesAnalysts have raised PTC Therapeutics' consensus price target from the low $90s to around $120, citing updated Q4 results, early Sephience traction, and expectations that newer revenue streams could offset pressure in the DMD franchise. Analyst Commentary Recent research on PTC Therapeutics has leaned constructive, with several bullish analysts tying higher valuation ranges to execution around Sephience, updated Q4 commentary, and the broader revenue mix.
Recent Insider Transactions Derivative • Mar 08Executive VP & Chief Medical Officer notifies of intention to sell stockLee Golden intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of March. If the sale is conducted around the recent share price of US$63.38, it would amount to US$634k. Since June 2025, Lee's direct individual holding has increased from 26.64k shares to 52.38k. Company insiders have collectively sold US$25m more than they bought, via options and on-market transactions in the last 12 months.
ナラティブの更新 • Mar 07PTCT: Future Earnings Power Will Be Driven By Expanding PKU And Huntington’s FranchisesThe analyst price target for PTC Therapeutics has been raised by $6.61, with analysts pointing to stronger modeled revenue growth, higher profit margins, and updated P/E assumptions following recent Q4 commentary and comparative advantages in Huntington's disease treatments. Analyst Commentary Recent Street research around PTC Therapeutics has been broadly constructive, with several bullish analysts adjusting their models after the Q4 update and early Sephience launch commentary.
Major Estimate Revision • Feb 26Consensus EPS estimates upgraded to US$0.60 lossThe consensus outlook for fiscal year 2026 has been updated. 2026 losses forecast to reduce from -US$1.00 to -US$0.596 per share. Revenue forecast steady at US$986.0m. Biotechs industry in the US expected to see average net income decline 7.9% next year. Consensus price target broadly unchanged at US$87.57. Share price was steady at US$67.76 over the past week.
Recent Insider Transactions • Feb 24CEO & Director recently sold US$511k worth of stockOn the 18th of February, Matthew Klein sold around 7k shares on-market at roughly US$69.36 per share. This transaction amounted to 5.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$630k. Matthew has been a net seller over the last 12 months, reducing personal holdings by US$2.9m.
New Risk • Feb 22New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 9.4% 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 Negative equity (-US$205m). Earnings are forecast to decline by an average of 9.4% per year for the foreseeable future. High level of non-cash earnings (97% accrual ratio). Minor Risks Significant insider selling over the past 3 months (US$3.3m sold).
ナラティブの更新 • Feb 21PTCT: Sephience Execution Will Drive Bullish 2026 Outlook Despite DMD PressureNarrative Update: PTC Therapeutics The analyst price target for PTC Therapeutics has shifted modestly lower to align with our updated fair value of about $87.93, as analysts weigh mixed revisions to revenue growth and profitability assumptions against ongoing support from Sephience-driven estimates. Analyst Commentary Recent Street research on PTC Therapeutics centers on how Sephience trends could influence the company’s revenue mix, profitability path, and valuation, especially as the DMD franchise faces pressure.
Recent Insider Transactions Derivative • Feb 20CEO & Director notifies of intention to sell stockMatthew Klein intends to sell 7k shares in the next 90 days after lodging an Intent To Sell Form on the 18th of February. If the sale is conducted around the recent share price of US$69.36, it would amount to US$511k. For the year to December 2022, Matthew's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Matthew's direct individual holding has increased from 59.54k shares to 106.39k. Company insiders have collectively sold US$23m more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Feb 20Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: US$8.58 (up from US$4.73 loss in FY 2024). Revenue: US$1.73b (up 115% from FY 2024). Net income: US$682.6m (up US$1.05b from FY 2024). Profit margin: 39% (up from net loss in FY 2024). The move to profitability was primarily driven by higher revenue. Products in clinical trials Phase II: 2 Phase III: 1 Post-clinical trial products Pre-registration: 1 Approved (during full year): 1 Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 13PTC Therapeutics Provides Regulatory Update on TranslarnaPTC Therapeutics, Inc. announced that it has withdrawn the New Drug Application (NDA) resubmission for Translarna (ataluren) for the treatment of nonsense mutation Duchenne muscular dystrophy (DMD) following U.S. Food and Drug Administration (FDA) feedback on the application review.
ナラティブの更新 • Feb 06PTCT: Index Additions And Pipeline Execution Will Shape Bullish 2026 OutlookAnalysts have raised their fair value estimate for PTC Therapeutics to about $88.50 from $81.86, reflecting updated views on the discount rate, revenue trends, profit expectations, and a higher assumed future P/E that aligns with recent price target increases from several research firms. Analyst Commentary Recent Street research on PTC Therapeutics has focused on price target adjustments and rating changes, which feed directly into how analysts think about valuation, execution risk, and potential growth opportunities.
お知らせ • Feb 05PTC Therapeutics, Inc. to Report Q4, 2025 Results on Feb 19, 2026PTC Therapeutics, Inc. announced that they will report Q4, 2025 results on Feb 19, 2026
ナラティブの更新 • Jan 23PTCT: Single-Drug Dependence Will Likely Limit Upside Despite Strong Launch StartNarrative Update: PTC Therapeutics (PTCT) The analyst price target for PTC Therapeutics is updated in line with a series of upward Street revisions, as analysts point to stronger than expected Sephience launch metrics and recent Q3 outperformance, along with generally supportive views on small to mid cap biotech heading into 2026. Analyst Commentary Street research on PTC Therapeutics has leaned positive around the Q3 report and the Sephience launch, with several large firms lifting price targets after what they describe as strong initial commercial execution.
お知らせ • Jan 13PTC Therapeutics, Inc. Provides Revenue Guidance for the Full Year 2026PTC Therapeutics, Inc. provided revenue guidance for the full year 2026. For the full year 2026, PTC anticipates total product revenue of $700 million to $800 million, excluding Evrysdi royalty revenue and collaboration revenue.
Recent Insider Transactions • Jan 12CEO & Director recently sold US$630k worth of stockOn the 7th of January, Matthew Klein sold around 8k shares on-market at roughly US$77.15 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Matthew has been a net seller over the last 12 months, reducing personal holdings by US$2.6m.
ナラティブの更新 • Jan 08PTCT: Future Earnings Power Will Be Driven By Expanding PKU FranchiseThe analyst price target for PTC Therapeutics has been raised from about $103 to about $115. Analysts cited stronger Sephience launch trends, a shift in the modeled profit margin to 34%, a more moderate future P/E near 20x, and a less conservative revenue outlook as key drivers of the change.
Recent Insider Transactions • Jan 04CEO & Director recently sold US$620k worth of stockOn the 30th of December, Matthew Klein sold around 8k shares on-market at roughly US$76.64 per share. This transaction amounted to 8.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Matthew has been a net seller over the last 12 months, reducing personal holdings by US$2.2m.
Recent Insider Transactions Derivative • Dec 31CEO & Director notifies of intention to sell stockMatthew Klein intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 30th of December. If the sale is conducted around the recent share price of US$76.64, it would amount to US$620k. For the year to December 2022, Matthew's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Matthew's direct individual holding has increased from 58.28k shares to 82.15k. Company insiders have collectively sold US$21m more than they bought, via options and on-market transactions in the last 12 months.
ナラティブの更新 • Dec 25PTCT Overreliance On Single Drug Will Likely Cap Share Price UpsideThe analyst fair value estimate for PTC Therapeutics has been raised from $44.00 to $55.00 per share as analysts factor in stronger than expected Sephience launch metrics, upwardly revised price targets across the Street, and improving confidence in the durability of the company’s growth trajectory. Analyst Commentary Recent Street research has broadly welcomed PTC Therapeutics Q3 performance and the stronger than expected Sephience launch, with several major firms lifting their price targets.
お知らせ • Dec 24PTC Therapeutics Announces Approval of Sephience™? (sepiapterin) for the Treatment of Children and Adults Living with Phenylketonuria (PKU) in JapanPTC Therapeutics, Inc. announced that Sephience™ (sepiapterin) has been approved by the Japanese Ministry of Health, Labor and Welfare (MHLW) for the treatment of children and adults living with phenylketonuria (PKU). The label includes individuals of all ages and the full spectrum of disease severity. PTC will now engage in pricing discussions which are expected to conclude in First Quarter 2026, with launch occurring shortly thereafter. Sephience™ is indicated for the treatment of adult and pediatric patients with phenylketonuria (PKU). Sephience is a natural precursor of the enzymatic co-factor BH4, a critical co-factor for phenylalanine hydroxylase (PAH). Through its mechanism of action, Sephience is able to effectively reduce blood phenylalanine (Phe) levels and has the potential to treat a broad range of PKU patients. Sephience is approved in the European Union /European Economic Area region, the United States and Japan.
Recent Insider Transactions Derivative • Dec 19Chief Business Officer notifies of intention to sell stockEric Pauwels intends to sell 40k shares in the next 90 days after lodging an Intent To Sell Form on the 17th of December. If the sale is conducted around the recent share price of US$75.42, it would amount to US$3.0m. Since March 2025, Eric's direct individual holding has increased from 19.79k shares to 20.06k. Company insiders have collectively sold US$21m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Dec 11PTC Therapeutics Announces Health Canada Approval of Sephience™ (sepiapterin) for the Treatment of Children and Adults Living with Phenylketonuria (PKU)PTC Therapeutics Canada ULC announced that Health Canada has approved Sephience™? (sepiapterin) for the treatment of children and adults living with phenylketonuria (PKU). The approval includes broad labeling for the treatment of hyperphenylalaninemia (HPA) in adult and pediatric patients 1 month old and older with sepiapterin-responsive PKU. The Health Canada approval is based on the evidence of significant efficacy and safety from the Phase 3 APHENITY trial as well as durability of treatment effect in the APHENITY long-term extension study. Sephience is now commercially available in Canada. Sephience was recently approved by the U.S. Food and Drug Administration and granted marketing authorization by the European Commission.
ナラティブの更新 • Dec 11PTCT: Launch Momentum And Index Additions Will Shape 2025 OutlookThe analyst price target for PTC Therapeutics has been raised by about $1.36 to roughly $81.86, as analysts highlight stronger than expected Sephience launch metrics, improving revenue and margin assumptions, and sustained post earnings momentum. Analyst Commentary Analysts are broadly constructive on PTC Therapeutics following its latest earnings, citing Sephience outperformance and improving visibility into the company’s growth trajectory.
ナラティブの更新 • Nov 27PTCT: Revenue Outlook And New Launch Performance Will Influence 2025 AssessmentAnalysts have raised their price target for PTC Therapeutics from approximately $77.93 to $80.50, citing stronger-than-expected Sephience sales and continued momentum following the company's latest earnings report. Analyst Commentary Recent reports from Wall Street analysts reflect a range of views regarding PTC Therapeutics' execution and growth prospects, primarily driven by the company's strong recent earnings and the launch of Sephience.
Recent Insider Transactions Derivative • Nov 13Independent Director notifies of intention to sell stockEmma Reeve intends to sell 7k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of November. If the sale is conducted around the recent share price of US$74.50, it would amount to US$546k. Since March 2025, Emma's direct individual holding has decreased from 8.53k shares to 4.33k. Company insiders have collectively sold US$14m more than they bought, via options and on-market transactions in the last 12 months.
ナラティブの更新 • Nov 11PTCT: Revenue Guidance Narrowing And Launch Momentum Will Shape 2025 OutlookThe analyst price target for PTC Therapeutics has been raised by $10, as analysts cite stronger-than-expected Sephience sales and increasing momentum following the company's recent earnings beat. Analyst Commentary Recent analyst reports on PTC Therapeutics highlight a wide range of perspectives following the company’s robust third-quarter results and new product launches.
Reported Earnings • Nov 06Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$0.20 (up from US$1.39 loss in 3Q 2024). Revenue: US$211.0m (up 7.2% from 3Q 2024). Net income: US$15.9m (up US$122.6m from 3Q 2024). Profit margin: 7.5% (up from net loss in 3Q 2024). The move to profitability was primarily driven by lower expenses. Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is expected to decline by 6.8% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 21%. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Nov 05Price target increased by 14% to US$76.27Up from US$67.00, the current price target is an average from 15 analysts. New target price is 6.3% above last closing price of US$71.77. Stock is up 66% over the past year. The company is forecast to post earnings per share of US$9.23 next year compared to a net loss per share of US$4.73 last year.
お知らせ • Nov 05PTC Therapeutics, Inc. Narrows Revenue Guidance for the Year 2025PTC Therapeutics, Inc. narrowed revenue guidance for the year 2025. Total revenue of $750 to $800 million, which includes in-line products and royalty revenue from Evrysdi.
Recent Insider Transactions Derivative • Oct 31Independent Director notifies of intention to sell stockEmma Reeve intends to sell 16k shares in the next 90 days after lodging an Intent To Sell Form on the 30th of October. If the sale is conducted around the recent share price of US$69.50, it would amount to US$1.1m. Since March 2025, Emma's direct individual holding has decreased from 8.53k shares to 8.00k. Company insiders have collectively sold US$13m more than they bought, via options and on-market transactions in the last 12 months.
ナラティブの更新 • Oct 28Upcoming Launches Will Drive Rare Disease Momentum Despite Ongoing Regulatory RisksAnalysts have increased their average price target for PTC Therapeutics by approximately $1.25 to $67.93. They cite heightened community interest in Sephience, improved profit margin forecasts, and overall strong sentiment for upcoming launches, despite recent regulatory setbacks.
Recent Insider Transactions Derivative • Oct 05Chief Technical Operations Officer notifies of intention to sell stockNeil Almstead intends to sell 55k shares in the next 90 days after lodging an Intent To Sell Form on the 3rd of October. If the sale is conducted around the recent share price of US$66.05, it would amount to US$3.6m. Since December 2024, Neil's direct individual holding has increased from 41.34k shares to 57.91k. Company insiders have collectively sold US$9.5m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Sep 10Chief Business Officer notifies of intention to sell stockEric Pauwels intends to sell 40k shares in the next 90 days after lodging an Intent To Sell Form on the 8th of September. If the sale is conducted around the recent share price of US$56.92, it would amount to US$2.3m. Since March 2025, Eric has owned 19.79k shares directly. Company insiders have collectively sold US$6.4m more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Sep 08PTC Therapeutics, Inc.'s (NASDAQ:PTCT) Shares Bounce 26% But Its Business Still Trails The IndustryPTC Therapeutics, Inc. ( NASDAQ:PTCT ) shares have had a really impressive month, gaining 26% after a shaky period...
Valuation Update With 7 Day Price Move • Sep 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$58.01, the stock trades at a forward P/E ratio of 24x. Average trailing P/E is 16x in the Biotechs industry in the US. Total returns to shareholders of 7.7% over the past three years.
ナラティブの更新 • Aug 27Broad Approvals Will Elevate Rare Disease Markets Despite SetbacksAnalysts lowered their price targets for PTC Therapeutics following the FDA's Complete Response Letter for vatiquinone, citing the removal of Friedreich's ataxia revenues and increased regulatory uncertainty, though encouraging early signals from the Sephience launch and its broad approval label partially offset downside, resulting in a modest consensus target reduction from $68.31 to $66.69. Analyst Commentary Bullish analysts highlight the recent selloff post-FDA Complete Response Letter (CRL) for vatiquinone in Friedreich's ataxia as a buying opportunity, believing negative outcomes were anticipated and already priced into shares.
お知らせ • Aug 20PTC Therapeutics, Inc. Receives Complete Response Letter for Vatiquinone NDAPTC Therapeutics, Inc. announced that the U.S. Food and Drug Administration (FDA) has issued a Complete Response Letter (CRL) related to the New Drug Application (NDA) for vatiquinone for the treatment of children and adults living with Friedreich's ataxia. The FDA stated in the CRL that substantial evidence of efficacy was not demonstrated for vatiquinone and that an additional adequate and well-controlled study would be needed to support NDA resubmission. Vatiquinone has been evaluated in a number of clinical studies, many focused on pediatric patients, and has demonstrated an impact on mortality risk, and a number of neurological and neuromuscular disease symptoms.
Reported Earnings • Aug 08Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: US$0.83 loss per share (improved from US$1.29 loss in 2Q 2024). Revenue: US$178.9m (down 4.2% from 2Q 2024). Net loss: US$64.8m (loss narrowed 35% from 2Q 2024). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Revenue is expected to decline by 4.9% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 19%. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • Aug 07CEO & Director recently sold US$556k worth of stockOn the 5th of August, Matthew Klein sold around 11k shares on-market at roughly US$51.74 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Matthew has been a net seller over the last 12 months, reducing personal holdings by US$1.7m.
Recent Insider Transactions Derivative • Aug 06CEO & Director notifies of intention to sell stockMatthew Klein intends to sell 11k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of August. If the sale is conducted around the recent share price of US$51.74, it would amount to US$556k. For the year to December 2022, Matthew's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Matthew's direct individual holding has increased from 58.28k shares to 63.23k. Company insiders have collectively sold US$5.7m more than they bought, via options and on-market transactions in the last 12 months.
Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$52.13, the stock trades at a forward P/E ratio of 10x. Average trailing P/E is 16x in the Biotechs industry in the US. Total loss to shareholders of 2.6% over the past three years.
Major Estimate Revision • Jul 29Consensus EPS estimates increase by 24%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from US$1.63b to US$1.75b. EPS estimate increased from US$6.10 to US$7.55 per share. Net income forecast to shrink 28% next year vs 12% decline forecast for Biotechs industry in the US. Consensus price target up from US$62.81 to US$67.38. Share price rose 6.3% to US$49.29 over the past week.
お知らせ • Jul 29PTC Therapeutics, Inc. Announces FDA Approval of Sephience™? (Sepiapterin) for the Treatment of Children and Adults Living with Phenylketonuria (PKU)PTC Therapeutics, Inc. announced that the U.S. Food and Drug Administration (FDA) has approved SEPHIENCE™? (sepiapterin) for the treatment of children and adults living with phenylketonuria (PKU). The approval includes broad labeling for the treatment of hyperphenylalaninemia (HPA) in adult and pediatric patients 1 month of age and older with sepiapterin-responsive PKU. The FDA approval is based on the evidence of significant efficacy and safety from the Phase 3 APHENITY trial as well as durability of treatment effect in the APHENITY long-term extension study. SEPHIENCE and PDE-5 inhibitors (e.g., sildenafil, vardenafil, or tadalafil) induce vasorelaxation and may reduce blood pressure. Monitor for signs and symptoms of hypotension.
Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. CEO & Director Matt Klein was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Jun 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 44% 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 Negative equity (-US$186m). Earnings are forecast to decline by an average of 44% per year for the foreseeable future. Minor Risk
お知らせ • Jun 24PTC Therapeutics, Inc. Receives Marketing Authorization by the European Commission for the Treatment of Children and Adults Living with PhenylketonuriaPTC Therapeutics, Inc. announced that Sephience (sepiapterin) was granted marketing authorization by the European Commission for the treatment of children and adults living with phenylketonuria (PKU). The authorization includes a broad label inclusive of all ages and disease severities. The European approval is based on the highly statistically significant results from the Phase 3 APHENITY trial as well as evidence of durable treatment effect and the ability of study participants to optimize their diet in the APHENITY long-term extension study. The marketing authorization is applicable to all 27 European Union member states as well as Iceland, Norway and Liechtenstein. The Sephience European launch will be initiated in Germany in the first half of July. A New Drug Application (NDA) for sepiapterin remains on schedule for its FDA target action date of July 29, 2025. Review of approval applications is ongoing in several other countries including Japan and Brazil.
Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 28%After last week's 28% share price gain to US$46.39, the stock trades at a forward P/E ratio of 14x. Average trailing P/E is 17x in the Biotechs industry in the US. Total returns to shareholders of 46% over the past three years.
Major Estimate Revision • May 13Consensus revenue estimates increase by 69%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from US$884.9m to US$1.50b. Now expected to report a profit of US$5.36 instead of losses of -US$1.17 per share. Biotechs industry in the US expected to see average net income decline 13% next year. Consensus price target down from US$64.79 to US$61.13. Share price rose 13% to US$46.01 over the past week.
New Risk • May 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-US$186m). Earnings are forecast to decline by an average of 54% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (US$1.6m sold).
Reported Earnings • May 07First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$11.09 (up from US$1.20 loss in 1Q 2024). Revenue: US$1.18b (up 460% from 1Q 2024). Net income: US$866.6m (up US$958.1m from 1Q 2024). Profit margin: 74% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates significantly. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is expected to decline by 6.1% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 18%. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • May 07PTC Therapeutics, Inc. Provides Revenue Guidance for the Year 2025PTC Therapeutics, Inc. provided revenue guidance for the year 2025. For the year, the company expects revenues for the full-year 2025 to be between $650 million and $800 million, which includes in-line products, potential new product launches, and royalty revenue from Evrysdi.
お知らせ • May 06PTC Therapeutics, Inc. Announces Results from the Phase 2 PIVOT-HD Study of PTC518 (Votoplam) in Stage 2 and Stage 3 Huntington's Disease PatientsPTC Therapeutics, Inc. announced results from the Phase 2 PIVOT-HD study of PTC518 (votoplam) in Stage 2 and Stage 3 Huntington's disease (HD) patients. The study met its primary endpoint of reduction in blood Huntingtin (HTT) protein levels (pIVOT-HD was designed as a 12-month placebo-controlled trial to assess pharmacodynamic effect and safety of PTC518 at two dose levels--5mg and 10mg, relative to placebo. Those originally randomized to 5mg and 10mg would continue at that dose level; those initially randomized to 5mg or 10mg. All subjects and investigators remain blinded to initial treatment assignment. Presentation of study results is expected at a scientific meeting later in the year. PTC518 is a small molecule splicing modifier that acts via a unique mechanism to promote the inclusion of a novel pseudoexon containing a premature termination codon, thus triggering Huntingtin (HTT) mRNA degradation and subsequent reduction in HTT protein levels. PTC518 was discovered from PTC's validated splicing platform, following the successful discovery and development of Evrysdi (risdiplam) for spinal muscular atrophy (SMA).
お知らせ • May 01PTC Therapeutics, Inc., Annual General Meeting, Jun 17, 2025PTC Therapeutics, Inc., Annual General Meeting, Jun 17, 2025.
お知らせ • Apr 25PTC Therapeutics Receives Positive CHMP Opinion for Sephience™ (sepiapterin) for the Treatment of Children and Adults Living with Phenylketonuria (PKU)PTC Therapeutics, Inc. announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has issued a positive opinion on the marketing authorization application for Sephience™ (sepiapterin) for the treatment of children and adults living with phenylketonuria (PKU). The opinion includes a broad label inclusive of all ages and disease severities. Launch planning in Europe is well underway with priorities in Germany and other key European markets where named patient access will be immediately available. PTC expects the European Commission to ratify the marketing authorization for Sephience in approximately two months. The decision will be applicable to all 27 European Union member states, as well as Iceland, Norway and Liechtenstein. The New Drug Application (NDA) for sepiapterin is under review by the U.S. Food and Drug Administration (FDA) with a Prescription Drug User Fee Act (PDUFA) target action date of July 29, 2025. Review of approval applications is ongoing in several other countries including Japan and Brazil.
Major Estimate Revision • Mar 30Consensus EPS estimates upgraded to US$0.77 loss, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$955.4m to US$942.3m. 2025 losses expected to reduce from -US$1.07 to -US$0.77 per share. Biotechs industry in the US expected to see average net income decline 12% next year. Consensus price target of US$64.71 unchanged from last update. Share price fell 5.1% to US$54.24 over the past week.
お知らせ • Mar 29PTC Therapeutics, Inc. Provides Regulatory Update on Translarna (Aaluren) in EuropePTC Therapeutics, Inc. announced that the European Commission (EC) has adopted the opinion of the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) to not renew the authorization of Translarna (ataluren) for the treatment of nonsense mutation Duchenne muscular dystrophy. While this action effectively removes the drug's conditional marketing authorization in the European Economic Area, the EC indicated that individual countries within the European Union can leverage Articles 117(3) and 5(1) of the EU Directive 2001/83 to allow continued use of Translarna. Translarna (ataluren), discovered and developed by PTC Therapeutics, is a protein restoration therapy designed to enable the formation of a functioning protein in patients with genetic disorders caused by a nonsense mutation. A nonsense mutation is an alteration in the genetic code that prematurely halts the synthesis of an essential protein. The resulting disorder is determined by which protein cannot be expressed in its entirety and is no longer functional, such as dystrophin in Duchenne. Translarna, the tradename of ataluren, is licensed in multiple countries for the treatment of nonsense mutation Duchenne muscular dystrophy (nmDMD) in ambulatory patients aged 2 years and older. Ataluren is an investigational new drug in the United States.
新しいナラティブ • Mar 212025 Approvals Of Sepiapterin And Vatiquinone Will Meet Unmet Medical Needs Multiple anticipated regulatory approvals and successful product launches are expected to significantly boost PTC Therapeutics' revenues.
お知らせ • Mar 20PTC Therapeutics Presents New Sepiapterin Data from Ongoing StudiesPTC Therapeutics, Inc. shared new data being presented from the Phase 3 APHENITY trial and subsequent open-label extension study at the 2025 American College of Medical Genetics and Genomics (ACMG) Annual Clinical Genetics Meeting. These data provide further evidence of the potential meaningful benefits of sepiapterin treatment for the full spectrum of phenylketonuria (PKU) patients, including significant diet liberalization. Key data presented include: Over 97% of subjects participating in the Phe tolerance protocol of the APHENITY open-label extension study demonstrate the ability to liberalize their diet while on sepiapterin treatment, with a mean increase in protein intake of 126%. 66% of subjects participating in the Phe tolerance sub study reached or exceeded the age-adjusted recommended daily allowance of protein intake for an individual without PKU, while maintaining control of blood Phe levels. Genetic variant analysis of subjects participating in the APHENITY study demonstrates that over 70% had a Genotype-Phenotype Value (GPV) consistent with classical PKU.
Major Estimate Revision • Mar 16Consensus EPS estimates fall by 39%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -US$0.766 to -US$1.07 per share. Revenue forecast unchanged at US$955.3m. Biotechs industry in the US expected to see average net income decline 13% next year. Consensus price target up from US$63.21 to US$64.93. Share price rose 3.6% to US$54.50 over the past week.
Recent Insider Transactions Derivative • Mar 11Executive VP & Chief Legal Officer notifies of intention to sell stockMark Boulding intends to sell 68k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of March. If the sale is conducted around the recent share price of US$53.09, it would amount to US$3.6m. Since June 2024, Mark's direct individual holding has increased from 48.69k shares to 58.70k. Company insiders have collectively sold US$3.5m more than they bought, via options and on-market transactions in the last 12 months.
Seeking Alpha • Mar 09PTC Therapeutics: Upside In Rare Disease InnovationSummary PTC Therapeutics is poised for a potential turnaround with key FDA reviews in 2025 for vatiquinone and sepiapterin, despite past revenue declines. The company maintains a strong cash position of over $2 billion, providing a buffer as it awaits regulatory approvals to boost revenue. PTC's diversified pipeline, including vatiquinone for Friedreich's ataxia, could significantly enhance revenue if approved, targeting a $2.8 billion market. Financial risks remain due to reliance on regulatory outcomes and high R&D spending, but Evrysdi royalties offer some revenue stability. Read the full article on Seeking Alpha
New Risk • Mar 02New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$363m Forecast net loss in 3 years: US$12m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Negative equity (-US$1.1b). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$12m net loss in 3 years). Significant insider selling over the past 3 months (US$2.4m sold).
お知らせ • Mar 01PTC Therapeutics, Inc. Reports Intangible Asset Impairment for the Fourth Quarter Ended December 31, 2024PTC Therapeutics, Inc. reported intangible asset impairment for the fourth quarter ended December 31, 2024. For the quarter, the company reported intangible asset impairment of $159,548,000.
Breakeven Date Change • Feb 28Forecast to breakeven in 2025The 13 analysts covering PTC Therapeutics expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$137.7m in 2025. Earnings growth of 60% is required to achieve expected profit on schedule.
Recent Insider Transactions • Feb 24CEO & Director recently sold US$390k worth of stockOn the 20th of February, Matthew Klein sold around 8k shares on-market at roughly US$50.11 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Matthew has been a net seller over the last 12 months, reducing personal holdings by US$1.1m.
お知らせ • Feb 20PTC Therapeutics Announces FDA Acceptance and Priority Review for Vatiquinone NDA for the Treatment of Children and Adults with Friedreich's AtaxiaPTC Therapeutics, Inc. announced that the U.S. Food and Drug Administration (FDA) has accepted for filing the New Drug Application (NDA) for vatiquinone for the treatment of children and adults living with Friedreich's ataxia (FA). The application has been granted priority Review and assigned a Prescription Drug User Fee Act (PDUFA) target action date of August 19, 2025. The vatiquinone NDA is based on data from the placebo-controlled MOVE-FA study as well as results from two long-term studies including pediatric and adult FA patients. Data from these three studies demonstrate significant, durable and clinically meaningful evidence of slowing disease progression on key aspects of disease. In addition, these studies demonstrate that vatiquinone is safe and well tolerated in all age groups studied. The vatiquin one NDA was the fourth approval application submitted to the FDA by PTC in 2024. All four applications were accepted for review.
お知らせ • Feb 13PTC Therapeutics, Inc. to Report Q4, 2024 Results on Feb 27, 2025PTC Therapeutics, Inc. announced that they will report Q4, 2024 results on Feb 27, 2025
Breakeven Date Change • Jan 14Forecast to breakeven in 2025The 14 analysts covering PTC Therapeutics expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 43% to 2024. The company is expected to make a profit of US$8.19m in 2025. Average annual earnings growth of 61% is required to achieve expected profit on schedule.
お知らせ • Jan 14PTC Therapeutics, Inc. Provides Revenue Guidance for the Year 2025PTC Therapeutics, Inc. provided revenue guidance for the year 2025. For the year, the company expects total revenues for the full-year 2025 to be between $600 million and $800 million, including in-line products, potential new product launches and royalty revenue from Evrysdi.
Recent Insider Transactions • Jan 06CEO & Director recently sold US$374k worth of stockOn the 31st of December, Matthew Klein sold around 8k shares on-market at roughly US$45.16 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Matthew has been a net seller over the last 12 months, reducing personal holdings by US$712k.
Recent Insider Transactions Derivative • Jan 02CEO & Director notifies of intention to sell stockMatthew Klein intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 31st of December. If the sale is conducted around the recent share price of US$45.16, it would amount to US$374k. For the year to December 2022, Matthew's total compensation was 8% salary and 92% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Matthew's direct individual holding has increased from 43.48k shares to 52.48k. Company insiders have collectively sold US$2.1m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Dec 19PTC Therapeutics, Inc. Announces Vatiquinone NDA Submission to FDA for the Treatment of Children and Adults Living with Friedreich AtaxiaPTC Therapeutics, Inc. announced the submission of the vatiquinone New Drug Application (NDA) for the treatment of children and adults living with Friedreich ataxia (FA) to the U.S. Food and Drug Administration (FDA). The vatiquinone NDA is based on data from the placebo-controlled MOVE-FA study as well as results from two long-term studies including pediatric and adult FA patients. Data from these three studies demonstrate significant, durable and clinically meaningful evidence of slowing disease progression on key aspects of disease. In addition, these studies demonstrate that vatiquinone is safe and well tolerated in all age groups studied. The vatiquinone NDA is the fourth approval application PTC has submitted to the FDA this year. The BLA for its AADC gene therapy was submitted in March 2024 and approved in November 2024. NDAs for sepiapterin, for the treatment of adults and children living with phenylketonuria (PKU) and for Translarna™ (ataluren) for the treatment of boys and young men with nonsense mutation Duchenne muscular dystrophy, have been also submitted and accepted for review.
Recent Insider Transactions Derivative • Dec 03Executive VP & Chief Legal Officer notifies of intention to sell stockMark Boulding intends to sell 86k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of December. If the sale is conducted around the recent share price of US$52.26, it would amount to US$4.5m. Since March 2024, Mark has owned 48.69k shares directly. Company insiders have collectively sold US$1.3m more than they bought, via options and on-market transactions in the last 12 months.
Price Target Changed • Dec 02Price target increased by 7.6% to US$48.43Up from US$45.00, the current price target is an average from 14 analysts. New target price is 7.0% below last closing price of US$52.07. Stock is up 108% over the past year. The company is forecast to post a net loss per share of US$4.99 next year compared to a net loss per share of US$8.37 last year.
Seeking Alpha • Nov 29PTC Therapeutics: ALS Drug Fail Kicks Off Critical Year Of CatalystsSummary PTC Therapeutics faces significant risks with its key revenue sources, Translarna and Emflaza, amid regulatory challenges and generic competition. Despite a strong cash position, PTC's heavy losses and uncertain pipeline prospects justify maintaining a "sell" rating. Upcoming catalysts in 2025, including FDA decisions on Translarna and sepiapterin, are critical but uncertain. Competitive pressures in the DMD market and doubts about pipeline drugs' market potential further support a cautious outlook. Read the full article on Seeking Alpha
