PRTA Stock Analysis: Prothena | NASDAQ

Biotechnology | NASDAQ, USA | Market Cap: 440m USD | 12M Return: 2.7% | IE00B91XRN20 | Charts, Fundamentals & Technical Analysis

Parkinson Disease, Alzheimer Disease, Amyloidosis, ALS
Total Rating 24
Safety 44
Buy Signal -1.03
Biotechnology
Industry Rotation: -15.4
Market Cap: 440M
Avg Turnover: 3.36M
Risk 3d forecast
Volatility62.8%
VaR 5th Pctl10.4%
VaR vs Median0.76%
Reward TTM
Sharpe Ratio0.26
Rel. Str. IBD20.6
Rel. Str. Peer Group14.5
Character TTM
Beta1.347
Beta Downside2.206
Hurst Exponent0.521
Drawdowns 3y
Max DD91.25%
CAGR/Max DD-0.48
CAGR/Mean DD-0.64
EPS (Earnings per Share) EPS (Earnings per Share) of PRTA over the last years for every Quarter: "2021-09": 2.13, "2021-12": -0.71, "2022-03": -0.78, "2022-06": -0.88, "2022-09": -0.97, "2022-12": 0.12, "2023-03": -0.89, "2023-06": -1.03, "2023-09": 0.38, "2023-12": -1.26, "2024-03": -1.34, "2024-06": 1.22, "2024-09": -1.1, "2024-12": -1.08, "2025-03": -1.12, "2025-06": -1.73, "2025-09": -0.67, "2025-12": -0.46, "2026-03": 0.68, "2026-06": -0.32,
Last SUE: 0.08
Qual. Beats: 0
Revenue Revenue of PRTA over the last years for every Quarter: 2021-09: 139.174, 2021-12: 1.172, 2022-03: 1.153, 2022-06: 1.312, 2022-09: 1.517, 2022-12: 49.923, 2023-03: 2.169, 2023-06: 4.019, 2023-09: 84.866, 2023-12: 0.316, 2024-03: 0.05, 2024-06: 132.014, 2024-09: 0.97, 2024-12: 2.123, 2025-03: 2.828, 2025-06: 4.42, 2025-09: 2.415, 2025-12: 0.021, 2026-03: 51.084, 2026-06: 1.01,
Rev. CAGR: -51.89%
Rev. Trend: -58.9%
Last SUE: 0.01
Qual. Beats: 0

Warnings

High Debt While Negative Cash Flow
Volatile
Below Avwap Earnings
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 11.6 years of data

Jan -8.5% 33
Feb -0.6% 7
Mar +2.0% 5
Apr -3.9% 27
May -1.9% 8
Jun +5.5% 46
Jul +15.4% 21
Aug +0.1% 2
Sep +0.0% 0
Oct -0.7% 0
Nov -1.8% 17
Dec -8.8% 32

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: PRTA Prothena

Prothena Corporation plc is an Ireland-based, late-stage clinical biotechnology company that develops therapies for diseases driven by protein dysregulation, a class of conditions that includes neurodegenerative and amyloid disorders. The companys pipeline spans Phase 3 through preclinical assets, led by Prasinezumab (a monoclonal antibody for Parkinsons disease and other synucleinopathies, partnered with Roche) and Coramitug (an antibody for transthyretin amyloidosis cardiomyopathy). Earlier-stage programs target tau and amyloid-beta in Alzheimers disease, TDP-43 in ALS, and other neurodegenerative indications, with several assets developed under a master collaboration with Bristol Myers Squibb.

Prothenas business model reflects a common approach among small-cap clinical-stage biotechs: it advances internally discovered antibody candidates through early and mid-stage development, then relies on licensing and co-development deals with larger pharmaceutical companies (Roche, Bristol Myers Squibb) to fund later-stage trials, manufacturing, and global commercialization. Incorporated in 2012 and listed on NASDAQ, the company carries meaningful clinical and regulatory risk typical of the biotechnology sub-industry, as its valuation is tied to trial outcomes rather than current product revenue.

Headlines to Watch Out For
  • Prasinezumab Phase 3 Parkinson data readout approaches
  • Coramitug Phase 3 ATTR amyloidosis trial results pending
  • Bristol Myers Squibb tau and TDP-43 collaboration drives milestone payments
Piotroski VR-10 (Strict) 2.0
Net Income: -44.0m TTM > 0 and > 6% of Revenue
FCF/TA: -0.20 > 0.02 and ΔFCF/TA 28.26 > 1.0
NWC/Revenue: 514.1% < 20% (prev 3.07k%; Δ -2.56k% < -1%)
CFO/TA -0.20 > 3% & CFO -60.0m > Net Income -44.0m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 25.05 > 1.5 & < 3
Outstanding Shares: last quarter (52.1m) vs 12m ago -3.12% < -2%
Gross Margin: 93.21% > 18% (prev 65.33%; Δ 27.88% > 0.5%)
Asset Turnover: 15.54% > 50% (prev 2.59%; Δ 12.95% > 0%)
Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM)
Altman Z'' 10.00
A: 0.93 (Total Current Assets 292.0m - Total Current Liabilities 11.7m) / Total Assets 302.6m
B: -4.40 (Retained Earnings -1.33b / Total Assets 302.6m)
C: -0.12 (EBIT TTM -43.6m / Avg Total Assets 350.8m)
D: 18.29 (Book Value of Equity 286.9m / Total Liabilities 15.7m)
Altman-Z'' = 10.09 = AAA
What is the price of PRTA shares?

As of September 22, 2026, the stock is trading at USD 8.51 with a total of 363,158 shares traded. Over the past week, the price has changed by -3.95%, over one month by -9.95%, over three months by -6.99% and over the past year by +2.65%.

Current recommended Stop Loss: 8.00 (which is 6% or 1.3 ATR below the current price).

Is PRTA a buy, sell or hold?

Prothena has received a consensus analysts rating of 3.50. Therefore, it is recommended to hold PRTA.

  • StrongBuy: 1
  • Buy: 2
  • Hold: 2
  • Sell: 1
  • StrongSell: 0

What are the forecasts/targets for the PRTA price?
Analysts Target Price 21.4 151.5%
Prothena (PRTA) - Fundamental Data Overview as of 22 September 2026
Market Cap USD = 440.5m (440.5m USD * 1.0 USD.USD)
P/E Forward = 10.627
P/S = 8.0776
P/B = 1.5353
P/EG = 0.8
Revenue TTM = 54.5m USD
EBIT TTM = -43.6m USD
EBITDA TTM = -41.1m USD
Long Term Debt = 4.03m USD (estimated: total debt 6.99m - short term 2.96m)
Short Term Debt = 2.96m USD (from shortTermDebt, last quarter)
Debt = 6.99m USD (from shortLongTermDebtTotal, last quarter) (leases 6.99m already included)
Net Debt = -281.2m USD (calculated: Debt 6.99m - CCE 288.2m)
Enterprise Value = 159.3m USD (440.5m + Debt 6.99m - CCE 288.2m)
 Interest Coverage Ratio = unknown (Ebit TTM -43.6m / Interest Expense TTM 0.0)
 EV/FCF = -2.62x (Enterprise Value 159.3m / FCF TTM -60.7m)
FCF Yield = -38.12% (FCF TTM -60.7m / Enterprise Value 159.3m)
 FCF Margin = -111.3% (FCF TTM -60.7m / Revenue TTM 54.5m)
 Net Margin = -80.67% (Net Income TTM -44.0m / Revenue TTM 54.5m)
Gross Margin = 93.21% ((Revenue TTM 54.5m - Cost of Revenue TTM 3.70m) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 0.53 (Enterprise Value 159.3m / Total Assets 302.6m)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 6.99m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -34.5m (EBIT -43.6m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 25.05 (Total Current Assets 292.0m / Total Current Liabilities 11.7m)
Debt / Equity = 0.02 (Debt 6.99m / totalStockholderEquity, last quarter 286.9m)
 Debt / EBITDA = 6.84 (negative EBITDA) (Net Debt -281.2m / EBITDA -41.1m)
 Debt / FCF = 4.63 (negative FCF - burning cash) (Net Debt -281.2m / FCF TTM -60.7m)
 Total Stockholder Equity = 293.7m (last 4 quarters mean from totalStockholderEquity)
RoA = -12.54% (Net Income -44.0m / Total Assets 302.6m)
RoE = -14.98% (Net Income TTM -44.0m / Total Stockholder Equity 293.7m)
RoCE = -14.64% (EBIT -43.6m / Capital Employed (Equity 293.7m + L.T.Debt 4.03m))
 RoIC = -11.83% (negative operating profit) (NOPAT -34.5m / Invested Capital 291.2m)
 WACC = 10.55% (E(440.5m)/V(447.5m) * Re(10.72%) + D(6.99m)/V(447.5m) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 10.72% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -53.62 | Cagr: -1.31%
 [DCF] Fair Price = unknown (Cash Flow -60.7m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.08 | # QB: 0
Revenue Correlation: -58.91 | Revenue CAGR: -51.89% | SUE: 0.01 | # QB: 0
EPS current Quarter (2026-09-30): EPS=-0.38 | Chg30d=-1.33% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=0.65 | Chg30d=+1.56% | Revisions=+40% | GrowthEPS=+116.3% | GrowthRev=+758.7%
EPS next Year (2027-12-31): EPS=-1.52 | Chg30d=-16.03% | Revisions=+25% | GrowthEPS=-333.8% | GrowthRev=-70.7%