URGN · NASDAQ · Biotechnology

UroGen Pharma

Develops localized mitomycin therapies for low-grade urothelial cancers.

$43.62
After-hours close−0.01 (−0.02%)
At close$43.63(−4.11%)
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Profile

UroGen Pharma Ltd.URGNHealth Care

Commercializes JELMYTO and ZUSDURI, RTGel-based mitomycin products for selected low-grade urothelial cancers, primarily in the United States. The single-segment business depends on specialist adoption, distributor-based product sales, FDA-regulated indications, and follow-on RTGel programs.

Uses RTGel, a reverse-thermal hydrogel, to keep mitomycin in local contact with urothelial tumors. Marketed products include JELMYTO for low-grade upper tract urothelial cancer and ZUSDURI for recurrent low-grade intermediate-risk non-muscle invasive bladder cancer.

Operates as one reportable segment with product sales primarily in the United States through national specialty distributors. The model is small and focused, built around physician adoption in urology and moving procedure-heavy treatment settings toward localized drug therapy.

Execution depends on FDA-approved indications, reimbursement, specialty-distributor access, commercialization of JELMYTO and ZUSDURI, and follow-on RTGel programs. JELMYTO also carries a future generic-license path under the Teva settlement if a generic version receives FDA approval.

Company facts

CEOElizabeth (Liz) Barrett
ListedMay 4, 2017
ExchangeNASDAQ
HeadquartersPrinceton, NJ
CountryUnited States
Employees291
CIK0001668243
ISINIL0011407140

Key statistics

Market cap$2.13B
EPS (ttm)−$1.98
P/E (ttm)−22.03
ROE81.8%
P/B−16.60
P/S11.26
Dividend yield
Beta1.18vs XLV 0.56

Year to date +92.1% · Average volume (30d) 876.9K

Analysts

Price target, next 12 months$50.00+14.6%Median of 16 analysts · vs the Aug 28 close
ConsensusBuy12 of 16 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Aug 6, 2026GuggenheimReiterateBuy$42$58
Aug 6, 2026H.C. WainwrightReiterateBuy$45$75
Jul 21, 2026GuggenheimReiterateBuy$42
Jul 16, 2026OppenheimerReiterateOutperform$31$50
Jul 15, 2026Goldman SachsReiterateNeutral$16$44

Earnings

EPS

Estimate$0.10
ReportedDue Nov 5, 2026

Revenue

Estimate$90.6M
ReportedDue Nov 5, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 5, 2026Q2 FY26−$0.27−$0.28−5.7%$63.5M$72.5M+14.0%+16.31%
May 6, 2026Q1 FY26−$0.56−$0.47+16.1%$44.8M$51.0M+13.7%+1.30%
Mar 2, 2026Q4 FY25−$0.52−$0.54−4.2%$39.9M$37.8M−5.2%−1.05%
Nov 6, 2025Q3 FY25−$0.72−$0.69+4.2%$40.1M$27.5M−31.5%−1.27%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$20.3M$24.2M$27.5M$37.8M$51.0M$72.5M
Gross profit$17.9M$20.7M$24.2M$34.5M$46.8M$65.9M
Operating income−$36.9M−$41.4M−$27.4M−$19.1M−$20.3M$111.0K
Net income−$43.8M−$49.9M−$33.3M−$26.4M−$23.6M−$14.4M
Diluted EPS−$0.92−$1.05−$0.69−$0.54−$0.47−$0.28
Gross margin88.5%85.3%88.1%91.3%91.9%90.9%
Operating margin-182.3%-171.2%-99.7%-50.5%-39.8%0.2%

Fiscal years (4-quarter sums)FY21 $48.0M · FY22 $64.4M · FY23 $82.7M · FY24 $90.4M · FY25 $109.8M

Revenue by product · Q2 FY26

Jelmyto$22.0M · 100%

Balance sheet, Jun 30, 2026Cash & short-term investments $108.0M · Total debt $196.1M · Total assets $252.6M · Shareholders' equity −$132.4M

Dividends

No dividends on record.

Ownership

Institutions 95.32%46.44M sharesInsiders 0.26%128.7K sharesOther 4.42%2.15M shares

Shares outstanding 48.72M · Float 43.34M · 89.0% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
RTW Investments, LP4.54M9.33%13FMay 15, 2026
Phillip Gross3.74M8.87%13GNov 12, 2024
BlackRock, Inc.2.85M5.84%13FMay 13, 2026
The Toronto-Dominion Bank2.62M5.40%13GMay 15, 2026
Morgan Stanley2.56M5.25%13FMay 15, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 20, 2026Mark Schoenbergofficer: Chief Medical Officer−60,677$47.05
Jul 9, 2026Mark Schoenbergofficer: Chief Medical Officer−10,000$40.00
Jun 22, 2026Mark Schoenbergofficer: Chief Medical Officer−10,000$35.01
Jun 8, 2026Mark Schoenbergofficer: Chief Medical Officer−5,222$27.30
May 8, 2026Mark Schoenbergofficer: Chief Medical Officer−10,000$30.00
View details

Peers

  • Tyra Biosciences

    Oral FGFR3 program in low-grade IR NMIBC and LG-UTUC

  • CG Oncology

    Bladder-sparing cretostimogene program across NMIBC

  • Johnson & Johnson

    Approved extended-release intravesical gemcitabine for high-risk NMIBC

  • ImmunityBio

    Commercial ANKTIVA plus BCG franchise in BCG-unresponsive NMIBC

  • Merck

    KEYTRUDA immunotherapy option in high-risk NMIBC

  • Teva (ADR)

    Licensed future generic JELMYTO path after 2030

  • enGene Therapeutics

    Intravesical gene therapy for BCG-unresponsive high-risk NMIBC

  • Protara Therapeutics

    Cell-based immunotherapy program for high-grade NMIBC

CompareAfter-hours close

CompanyPriceChange
UroGen Pharma$43.62−0.02%$2.13B35.511.3+199.2%
Tyra Biosciences$24.94−0.22%$1.49B
CG Oncology$73.91−0.57%$6.56B1,052.8
Johnson & Johnson$268.40+0.13%$645.95B31.122.46.6+6.6%
ImmunityBio$8.07+0.25%$8.43B50.9+93.9%
Merck$148.19−0.08%$366.18B118.717.25.5+5.1%
Teva (ADR)$36.30−0.36%$42.44B60.712.92.5−0.8%
enGene Therapeutics$1.83+0.08%$122.3M
Protara Therapeutics$3.82+0.26%$214.7M
Median60.717.26.6+5.8%