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PSTV · NASDAQ · Biotechnology

Plus Therapeutics (PSTV)

Develops targeted radiotherapeutics and CNSide diagnostics for central nervous system cancers.

$3.87
At close−0.13 (−3.25%)
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Plus Therapeutics, Inc.PSTVHealth Care

Plus Therapeutics is a Houston-based clinical-stage company developing targeted radiopharmaceuticals and precision diagnostics for brain and other central nervous system cancers. Its lead program, REYOBIQ, is being studied in recurrent glioblastoma, leptomeningeal metastases, and pediatric brain cancer, while CNSide supports detection and characterization of tumor cells in cerebrospinal fluid.

Plus Therapeutics develops medicines and diagnostics for cancers that affect the brain, spinal cord, and cerebrospinal fluid. The company's lead drug candidate, REYOBIQ, uses rhenium-186 inside a nanoliposome carrier to deliver localized beta radiation that can be imaged during administration. Its clinical work is focused on recurrent glioblastoma, leptomeningeal metastases, and pediatric brain cancer, with delivery through convection-enhanced catheters or an Ommaya reservoir depending on the disease setting.

Through CNSide Diagnostics, Plus also offers laboratory-developed cerebrospinal fluid assays intended to detect, quantify, and characterize tumor cells in patients whose cancers have spread to the central nervous system. The business remains dependent on clinical trial execution, manufacturing scale-up, regulatory review, reimbursement for diagnostics, and access to additional capital.

Company facts

CEOMarc H. Hedrick
ListedJul 11, 2001
ExchangeNASDAQ
HeadquartersAustin, TX
CountryUnited States
Employees28
CIK0001095981
ISINUS72941H8060

Market cap$9.4M
EPS (ttm)−$4.41
P/E (ttm)−0.8776
ROE-394.2%
P/B4.80
P/S2.23
Dividend yieldDiv yield
Beta1.63vs XLV −0.04

Price target$25.00+706.5%Avg of 4 analysts
ConsensusBuy3 of 4 analysts
Ratings

Target rangeAs of Aug 27, 2026

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Mar 31, 2026D. Boral CapitalDowngradeBuyHold
Jan 23, 2026H.C. WainwrightTarget$2$1
Nov 26, 2025H.C. WainwrightTarget$2
Sep 3, 2025D. Boral CapitalUpgradeHoldBuy
May 5, 2025D. Boral CapitalDowngradeBuyHold

EPSReportedEstimate

Nov '24Mar '25May '25Aug '25Oct '25Mar '26May '26Aug '26
Reported−$0.37−$0.67−$0.56−$0.01−$0.04−$0.83−$1.05−$1.31
Estimate−$0.56−$0.51−$0.25−$0.09−$0.02−$0.80−$0.95−$0.88
Surprise+34.2%−31.4%−125.7%+88.9%−100.0%−4.2%−10.5%−48.9%

RevenueReportedEstimate

Nov '24Mar '25May '25Aug '25Oct '25Mar '26May '26Aug '26
Reported$1.5M$1.4M$1.1M$1.4M$1.4M$1.4M$1.0M$411.0K
Estimate$1.5M$1.5M$1.5M$1.5M$1.5M$1.2M$974.0K$1.1M
Surprise−0.7%−6.4%−28.6%−6.5%−6.5%+10.6%+5.5%−63.1%
Estimate−$0.88
Reported−$1.31−48.9%
Estimate$1.1M
Reported$411.0K−63.1%
View details

Debt to equity0.80%
Current ratio137.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.5M$1.4M$1.1M$1.4M$1.4M$1.4M$1.0M$411.0K
Net income−$2.9M−$3.9M−$17.4M$5.2M−$4.4M−$5.7M−$6.9M−$9.0M
Net margin0.0%0.0%0.0%370.6%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$3.8M−$3.9M−$3.5M−$1.5M−$4.5M−$5.7M−$7.1M−$9.1M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $8.6M · Total debt $44.0K · Total assets $14.0M · Shareholders' equity $5.5M

Revenue
$411.0K
Operating income
−$9.1M
Net income
−$9.0M
View details

No dividends on record.

Institutions22 holders · as of Jun 30, 2026≥ 8.30%630.1K shares
Insiders9 holders · as of Jul 1, 20260.90%68.2K shares
Strategic holders1 holder · as of Aug 28, 20180.00%20 shares
Otherremainder≤ 90.80%6.89M shares

7.59M company shares as of Sep 3, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (7.59M in the company's Sep 3, 2026 report, 2.42M elsewhere); stakes use the report.

Institutional filings for CNSY (100% of the company) are not on file here, so the institutional figure is a floor.

A stock split fell inside the quarter, so quarter-on-quarter changes are not shown.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Vanguard Capital Management LLCInstitution
4.02%304,74513Fas of Jun 30, 2026
BlackRock, Inc.Institution
1.26%95,98313Fas of Jun 30, 2026
Geode Capital Management, LLCInstitution
1.00%76,15513Fas of Jun 30, 2026
Marc H. HedrickInsiderdirector, officer: Chief Executive Officer
0.59%44,483Form 4filed Jul 1, 2026
Vanguard Fiduciary Trust CoInstitution
0.49%36,86813Fas of Jun 30, 2026
See all 25

13F — a manager's quarterly holdings · Form 4 — an insider's transaction report

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Nov 4, 2025Andrew John Hugh MacIntyre Simsofficer: Chief Financial Officer+20,000$0.5100
View details

Not reported.