TARA · NASDAQ · Biotechnology

Protara Therapeutics

Develops investigational therapies for cancer, lymphatic malformations, and patients receiving parenteral support.

$3.82
After-hours close+0.01 (+0.26%)
At close$3.81(−4.51%)
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Profile

Protara Therapeutics, Inc.TARAHealth Care

Develops TARA-002 for non-muscle-invasive bladder cancer and lymphatic malformations, alongside IV Choline Chloride for patients receiving parenteral support. The clinical-stage company has reported no product revenue.

Advances two investigational programs for cancer, rare-disease, and parenteral-support settings. Its portfolio consists of TARA-002 and IV Choline Chloride. Both programs remain investigational.

TARA-002 is a cell-based therapy in development for non-muscle-invasive bladder cancer and lymphatic malformations. IV Choline Chloride is being developed for patients receiving parenteral support.

Its current operating business entered the public market through a reverse merger after private ArTara merged with Proteon and is headquartered in New York. The company has reported no revenue since inception and says additional capital is needed to fully realize its plans.

Company facts

CEOJesse Shefferman
ListedJan 10, 2020
ExchangeNASDAQ
HeadquartersNew York, NY
CountryUnited States
Employees51
CIK0001359931
ISINUS74365U1079

Key statistics

Market cap$214.7M
EPS (ttm)−$1.36
P/E (ttm)−2.81
ROE-41.7%
P/B1.44
P/S0.00
Dividend yield
Beta1.04vs XLV 0.97

Year to date −29.2% · Average volume (30d) 375.3K

Analysts

Price target, next 12 months$12.00+214.1%Median of 6 analysts · vs the Aug 28 close
ConsensusBuy6 of 6 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

No analyst notes in the last 24 months.

Earnings

EPS

Estimate−$0.36
ReportedDue Nov 9, 2026

Revenue

Estimate
ReportedDue Nov 9, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 11, 2026Q2 FY26−$0.33−$0.36−10.5%$180.0K−4.87%
May 13, 2026Q1 FY26−$0.36−$0.31+13.9%+1.92%
Mar 10, 2026Q4 FY25−$0.32−$0.37−15.6%−1.93%
Nov 10, 2025Q3 FY25−$0.39−$0.31+20.5%+18.32%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0
Gross profit$0$0$0$0−$90.0K$0
Operating income−$14.1M−$16.6M−$14.8M−$19.1M−$19.6M−$23.3M
Net income−$11.9M−$15.0M−$13.3M−$17.3M−$17.8M−$21.7M
Diluted EPS−$0.29−$0.35−$0.31−$0.38−$0.31−$0.36
Gross margin
Operating margin

Fiscal years (4-quarter sums)FY21 $0 · FY22 $0 · FY23 $0 · FY24 $0 · FY25 $0

Balance sheet, Jun 30, 2026Cash & short-term investments $17.1M · Total debt $2.7M · Total assets $176.1M · Shareholders' equity $161.3M

Dividends

No dividends on record.

Ownership

Institutions 82.27%46.24M sharesInsiders 1.95%1.10M sharesOther 15.78%8.86M shares

Shares outstanding 56.20M · Float 49.16M · 87.5% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Janus Henderson Group PLC5.21M9.60%13GMay 15, 2026
Jupiter Topco LLC4.70M8.36%13FAug 14, 2026
BlackRock, Inc.3.66M6.52%13FAug 7, 2026
Millennium Management LLC3.10M5.52%13FAug 14, 2026
Velan Capital Investment Management LP2.84M5.06%13FAug 14, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 29, 2026Jesse Sheffermandirector, officer: CEO and President−215,687$4.09
Apr 8, 2026Jacqueline Zummoofficer: Chief R&D Officer−1,134$5.40
Apr 1, 2026Jacqueline Zummoofficer: Chief R&D Officer−22,598$5.26
View details

Peers

  • Merck

    Approved systemic PD-1 therapy in BCG-unresponsive NMIBC CIS

  • ImmunityBio

    Approved intravesical immunotherapy combined with BCG in NMIBC CIS

  • CG Oncology

    Investigational intravesical oncolytic immunotherapy across NMIBC risk groups

  • enGene Therapeutics

    Phase 2 intravesical gene therapy for BCG-unresponsive NMIBC CIS

  • UroGen Pharma

    Approved intravesical mitomycin in recurrent low-grade intermediate-risk NMIBC

CompareAfter-hours close

CompanyPriceChange
Protara Therapeutics$3.82+0.26%$214.7M
Merck$148.19−0.08%$366.18B118.717.25.5+5.1%
ImmunityBio$8.07+0.25%$8.43B50.9+93.9%
CG Oncology$73.91−0.57%$6.56B1,052.8
enGene Therapeutics$1.83+0.08%$122.3M
UroGen Pharma$43.62−0.02%$2.13B35.511.3+199.2%
Median118.726.331.1+93.9%