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PHAT

Phathom Pharmaceuticals, Inc.distress 3/10 · well-funded / low risk
$11.54-1%today-36% from 52w high
phathompharma.com371 employeesFounded 2018Florham Park, NJBiotechnology
Lead: eosinophilic esophagitis
Revenue
$58M
Liquidity
$181M
Runway
1.9 yrs
Shares 1y
+12%

Price & events

-18.7% over 6M
$9.24$11.73$14.23Jan 26Apr 26Jul 264.2Mrating: HC Wainwright & Co.: Buy (2026-06-17)rating: Barclays: Equal-Weight → Overweight (2026-03-27)rating: Guggenheim: Buy (2026-02-27)
CatalystRating changeDilutionFinancingdashed = today
-1.4%
1D
+5.2%
1W
+6.3%
1M
-5.1%
3M
-14.5%
6M
+34.7%
1Y
-4.9%
2Y
-64.6%
5Y
-65.9%
All

Overview

Market Cap
$920.46M
Enterprise Value
$903.23M
Volume
53.27K
52 Week Range
$7.83 – $18.08
Total Shares
79.76M
Float Shares
64.37M
Short %
15.84%
% Held by Insiders
4.73%
% Held by Institutions
89.58%
RVOL
0.05x
Beta
0.49

Pipeline stages · 1 programs

Vonoprazan
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2026-10

Pipeline · 2 trials · 1 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2026-10
Estimated 50%
readout ~2026-11-15
Phase 2VonoprazanEosinophilic Esophagitisactive not recruiting
2025-04-05
Phase 1Vonoprazan ODT-1 or ODT-2 without Water, Vonoprazan ODT-1 or ODT-2 with Water, Vonoprazan Healthy Volunteers25completed

Catalyst news & presentations · 6

Approved drugs (4)

  • VOQUEZNAVONOPRAZAN FUMARATE2024 · Prescription
  • VOQUEZNAVONOPRAZAN FUMARATE2023 · Prescription
  • VOQUEZNA TRIPLE PAKAMOXICILLIN2022 · Prescription
  • VOQUEZNA DUAL PAKAMOXICILLIN2022 · Prescription

Capital structure — dilution & financing

Shares out: 79,755,953 · 2 offerings/1y · 0 PIPEs
🔒 Positioning — Pro
Short interest / days-to-cover, insider buys & sells.
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🔒 Top holders — Pro
Institutional ownership + quarter-over-quarter accumulation/trimming.
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Wall St ratings

strong buy · target $24 (+105% upside) · 10 analysts
  • 2026-06-17HC Wainwright & Co.Buy
  • 2026-03-27BarclaysEqual-Weight → Overweight
  • 2026-02-27GuggenheimBuy
  • 2025-12-09BarclaysEqual-Weight
  • 2025-10-31HC Wainwright & Co.Buy
  • 2025-06-09HC Wainwright & Co.Buy

Competitors — eosinophilic esophagitis

  • REGNREGENERON PHARMACEUTICALS, INC.$60.4B · D2
  • CLDXCelldex Therapeutics, Inc.$2.7B · D3
  • EPRXEUPRAXIA PHARMACEUTICALS INC.$227M · D2
  • AZNASTRAZENECA PLC · D3

Not financial advice. Data: ClinicalTrials.gov, SEC EDGAR, FINRA, Nasdaq, Yahoo.