PTN · Palatin Technologies, Inc.
Palatin Technologies Inc (PTN)
What's happening
- PTN is down 3.50% today, trading at $12.94. — Live quote
- Volume today (100) is well below its 3-month average of 23,450. (Finnhub fundamentals)
- Reports earnings on 2026-09-21 (after market close), 18 days away. (Finnhub earnings calendar)
- Last quarter's EPS beat estimates: $-0.37 actual vs. $-1.26 estimated (+70.5%). (Finnhub earnings history)
Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.
Key Statistics
Analyst Recommendations
Aggregate ratings for 2026-09-01 (7 analysts polled by Finnhub) — consensus count.
Performance Overview (Trailing returns vs S&P 500 benchmark)
Earnings Trends (Quarterly EPS Actual vs Estimate)
Valuation Measures & Ratios
Quarterly history (5 periods)
| Measure | Mar '26 | Dec '25 | Sep '25 | Mar '25 | Dec '24 |
|---|---|---|---|---|---|
| Market cap | $73.1M | $38.1M | — | — | — |
| P/E | -8.28 | -3.87 | — | — | — |
| Price/Book | 6.90 | 3.32 | — | — | — |
| ROE | -83.37% | -85.82% | — | — | — |
| ROA | -66.77% | -54.89% | — | — | — |
Trailing-twelve-month ratios computed from SEC EDGAR quarterly figures and historical daily close prices (Alpaca). Diluted shares are derived from Net income ÷ EPS (diluted) for each quarter, not separately reported. Forward P/E and PEG aren't shown here — both need historical analyst-consensus estimates, which no free source provides; see the current-period figures above instead.
Glossary — what these abbreviations mean
- 1. TTM
- Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
- 2. EPS
- Earnings per share — net income divided by diluted shares outstanding.
- 3. Beta
- A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
- 4. EV (Enterprise Value)
- Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
- 5. Forward P/E
- Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
- 6. PEG Ratio
- P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
- 7. Price / Book
- Share price divided by book value (assets minus liabilities) per share.
- 8. ROE
- Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
- 9. ROA
- Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
- 10. MRQ
- Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
- 11. YoY
- Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.
Short Interest
Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-08-14. Reported bi-monthly with a reporting lag — not real-time.
Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.
Price history
Drag horizontally to zoom into a section; use Reset view to restore all observations.
Technical signal summary
Calculating from the latest year of daily price history…
Show Technical Analysis Breakdown ▾ 10 Indicators
Signals describe daily price patterns—not the company’s value and not a recommendation to buy or sell. Read several together; no single indicator predicts what happens next. “Overbought” and “oversold” are conditions, not promises of a reversal.
Indicators None active
Free IEX historical data only goes back to ~2021 — 5Y/Full show whatever's actually available, not a promise of that much history. Indicators are computed client-side from these same price bars; earnings markers ("E") come from Finnhub's free tier (~last 4 quarters + next upcoming) — older quarters aren't available. The move-highlight dots are a heuristic (|% change| vs rolling volatility) with a best-effort headline lookup, not a claim of causation.
Peer and sector context
Balanced evidence
A deterministic summary of sourced facts—not an AI verdict.
Potential strengths
- Trailing 52-week price return is +21.5%. Finnhub market metrics ↗
Potential concerns
- Net profit margin is -31.2%. Finnhub fundamentals ↗
- Latest SEC filing is Form 4, filed 2026-08-05; review it for current changes and risks. SEC EDGAR ↗
Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.
More on PTN
No accessible free API for these — links go to the source directly.
Financials
Fundamental trends
Visualized from the same SEC figures in the tables below.
Income statement
| Line item | Mar '26 | Dec '25 | Sep '25 | Mar '25 | Dec '24 | Sep '24 | Mar '24 | Dec '23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.9M | $116.0K | — | — | — | — | — | — |
| Operating income | -$1.6M | -$7.3M | $4.7M | -$4.8M | -$2.6M | -$7.8M | -$9.2M | $1.2M |
| Net income | -$1.4M | -$7.3M | $4.7M | -$4.8M | -$2.4M | -$7.8M | -$8.4M | -$7.8M |
| EPS (diluted) | $-0.37 | $-2.86 | $4.26 | $-9.13 | $-5.92 | $-19.71 | $-0.53 | — |
| EPS (basic) | $-0.37 | $-2.86 | $4.81 | $-9.13 | $-5.92 | $-19.71 | — | $-0.56 |
| Operating margin | -$40 | -$6.3K | — | — | — | — | — | — |
| Net margin | -$37 | -$6.3K | — | — | — | — | — | — |
Balance sheet
| Line item | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $13.2M | $17.9M | $8.6M | $3.3M | $3.7M | $4.3M | $3.4M | $10.7M |
| Total liabilities | $2.6M | $6.5M | $8.2M | $8.0M | $10.1M | $10.7M | $11.1M | $10.9M |
| Stockholders' equity | $10.6M | $11.5M | $396.4K | -$4.8M | -$6.4M | -$6.4M | -$7.7M | -$111.5K |
| Total current assets | $12.8M | $17.5M | $8.4M | $2.9M | $3.2M | $3.7M | $2.6M | $9.8M |
| Total current liabilities | $2.5M | $6.3M | $8.2M | $8.0M | $10.0M | $9.6M | $9.9M | $9.7M |
| Cash & equivalents | $10.2M | $14.5M | $1.3M | $2.6M | $2.5M | — | $2.4M | $9.5M |
| Marketable securities (current) | — | — | — | — | — | — | — | $0 |
| Accounts receivable | — | $1.6M | $6.9M | $0 | — | — | — | $0 |
| Inventory | — | — | — | — | — | — | — | $0 |
| Other current assets | — | — | — | — | — | — | — | — |
| Property, plant & equipment | $135.0K | $113.5K | $115.1K | $129.4K | $182.4K | $235.7K | $307.6K | $388.4K |
| Other non-current assets | $21.6K | — | $0 | $56.9K | $56.9K | $56.9K | $56.9K | $56.9K |
| Accounts payable | $1.7M | $5.5M | $7.4M | $7.0M | $7.8M | $6.7M | $3.9M | $4.1M |
| Accrued liabilities | $653.4K | $659.8K | $680.0K | $881.4K | $506.5K | $1.7M | $4.6M | $4.2M |
| Deferred revenue (current) | — | — | — | — | — | — | — | — |
| Other current liabilities | — | — | — | $0 | $1.6M | $932.1K | $1.0M | $944.1K |
| Long-term debt | — | — | — | — | — | — | — | — |
| Other non-current liabilities | — | — | — | — | — | — | — | $0 |
| Common stock & paid-in capital | $17.8K | $17.6K | $9.7K | $9.3K | $285.6K | $234.6K | $195.5K | $3.6K |
| Retained earnings | -$463.1M | -$461.7M | -$454.4M | -$459.1M | -$456.8M | -$452.0M | -$449.6M | -$441.8M |
| Accumulated other comprehensive income (loss) | — | — | — | — | — | — | — | — |
Cash flow
| Line item | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$4.4M | -$4.8M | -$1.6M | -$4.1M | -$5.4M | -$4.8M | -$7.0M | -$6.5M |
| Investing cash flow | -$38.5K | -$12.8K | — | $630.0K | $0 | $2.5M | $0 | -$4.9K |
| Financing cash flow | $138.9K | $18.0M | $328.2K | $3.5M | $4.5M | $3.4M | -$127.0K | $6.0M |
| Free cash flow | -$4.5M | -$4.8M | — | -$4.1M | -$5.4M | -$4.8M | — | -$6.5M |
| Capital expenditures | $38.5K | $12.8K | — | $0 | $0 | $0 | — | $4.9K |
| Depreciation & amortization | — | — | — | — | — | — | — | — |
| Share-based compensation | $420.0K | $310.7K | $167.7K | $336.6K | $347.7K | $349.0K | $349.0K | $542.2K |
| Deferred income taxes | — | — | — | — | — | — | — | — |
| Change in accounts receivable | — | -$5.3M | $6.9M | $0 | $0 | $0 | $0 | $0 |
| Change in inventory | — | — | — | $0 | $0 | $0 | $0 | $0 |
| Change in accounts payable | -$8.6K | -$2.0M | $407.0K | -$771.8K | $1.1M | $2.8M | -$152.9K | $658.7K |
| Purchases of investments | — | — | — | — | — | — | — | — |
| Debt issued | — | — | — | — | — | — | — | — |
| Tax withholding on stock comp | — | — | $0 | $0 | $0 | $0 | $99.5K | $0 |
Income statement
| Line item | Jun '25 | Jun '24 | Jun '23 | Jun '22 | Jun '21 |
|---|---|---|---|---|---|
| Operating income | -$17.5M | -$22.5M | -$32.5M | -$36.6M | -$33.4M |
| Net income | -$17.3M | -$29.7M | -$24.0M | -$36.2M | -$33.6M |
| EPS (diluted) | $-32.15 | $-101.16 | — | — | — |
| EPS (basic) | — | $-2.02 | $-2.21 | — | — |
Balance sheet
| Line item | Jun '25 | Jun '24 | Jun '23 | Jun '22 | Jun '21 |
|---|---|---|---|---|---|
| Total assets | $3.3M | $10.7M | $17.9M | $36.1M | $67.3M |
| Total liabilities | $8.0M | $10.9M | $19.7M | $19.8M | $17.6M |
| Stockholders' equity | -$4.8M | -$111.5K | -$2.0M | $16.3M | $49.7M |
| Total current assets | $2.9M | $9.8M | $16.3M | $34.6M | $65.9M |
| Total current liabilities | $8.0M | $9.7M | $15.1M | $16.3M | $10.5M |
| Cash & equivalents | $2.6M | $9.5M | $11.0M | $29.9M | $60.1M |
| Marketable securities (current) | — | $0 | $3.0M | $0 | — |
| Accounts receivable | — | $0 | $2.9M | $1.8M | $1.6M |
| Inventory | — | $0 | $526.0K | $944.5K | $1.2M |
| Property, plant & equipment | $129.4K | $388.4K | $684.9K | $539.3K | $94.8K |
| Other non-current assets | $56.9K | $56.9K | $56.9K | $56.9K | $56.9K |
| Accounts payable | $7.0M | $4.1M | $4.3M | $3.2M | $640.6K |
| Accrued liabilities | $881.4K | $4.2M | $6.5M | $6.9M | $5.8M |
| Deferred revenue (current) | — | — | — | — | — |
| Other current liabilities | $0 | $944.1K | $3.9M | $5.8M | $3.7M |
| Long-term debt | — | — | — | — | — |
| Other non-current liabilities | — | $0 | $1.9M | $2.9M | $6.2M |
| Common stock & paid-in capital | $9.3K | $3.6K | $116.6K | $92.7K | $92.0K |
| Retained earnings | -$459.1M | -$441.8M | -$412.0M | -$388.0M | -$351.8M |
| Accumulated other comprehensive income (loss) | — | — | — | — | — |
Cash flow
| Line item | Jun '25 | Jun '24 | Jun '23 | Jun '22 | Jun '21 |
|---|---|---|---|---|---|
| Operating cash flow | -$21.3M | -$31.5M | -$29.3M | -$29.9M | -$93.6K |
| Investing cash flow | $3.1M | $12.5M | -$3.4M | -$261.4K | -$5.7K |
| Financing cash flow | $11.2M | $20.5M | $10.7M | $18.4K | -$22.6M |
| Free cash flow | -$21.3M | -$31.5M | -$29.7M | -$30.2M | -$99.4K |
| Capital expenditures | $0 | $42.5K | $433.9K | $261.4K | $5.7K |
| Depreciation & amortization | — | — | — | $126.7K | $51.1K |
| Share-based compensation | $1.4M | $1.9M | $1.7M | $2.5M | $3.2M |
| Deferred income taxes | — | — | — | — | — |
| Change in accounts receivable | $0 | -$2.9M | -$1.1M | -$199.6K | $1.6M |
| Change in inventory | $0 | $1.2M | $418.5K | $217.5K | $987.2K |
| Change in accounts payable | $2.9M | -$201.6K | $1.1M | $2.6M | -$75.0K |
| Purchases of investments | — | — | $3.0M | $0 | — |
| Debt issued | — | — | — | — | — |
| Tax withholding on stock comp | $99.5K | $56.4K | $146.1K | $221.3K | $93.6K |
Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.
Institutional holders
SEC Form 13F filers holding PTN as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.
Insider activity
Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR Form 4 filings · checked 25 most recent filings · covers 2024-06-04 to 2026-07-15
Recent transactions
- Most recent: SPANA CARL (President and CEO) — Tax withholding of 33 shares on 2026-07-15.
Deterministic template sentences filled in from the SEC Form 4 figures in the tables below -- not an AI-written summary, no live model call.
Insider purchases & sales, last 6 months
Counts only open-market purchases (code P) and sales (code S) — grants, option exercises, tax withholding, and gifts are excluded since they aren't a market buy/sell decision.
Insider roster
| Name | Title | Most Recent Transaction | Date | Shares |
|---|---|---|---|---|
| SPANA CARL | President and CEO | Tax withholding | 2026-07-15 | 33 |
| WILLS STEPHEN T | Executive VP and CFO/COO | Tax withholding | 2026-07-15 | 22 |
| PRENDERGAST JOHN K A | Director | Grant / award | 2025-12-09 | 1,300 |
| DUNTON ALAN W | Director | Grant / award | 2025-12-09 | 1,000 |
| DEVEER ROBERT K JR | Reporting person | Open market purchase | 2025-05-07 | 100,000 |
Recent transactions
| Date | Insider | Title | Transaction | Shares | Price |
|---|---|---|---|---|---|
| 2026-07-15 | SPANA CARL | President and CEO | Tax withholding | 33 | $11.77 |
| 2026-07-15 | SPANA CARL | President and CEO | Tax withholding | 119 | $11.72 |
| 2026-07-15 | SPANA CARL | President and CEO | Tax withholding | 142 | $14.34 |
| 2026-07-15 | WILLS STEPHEN T | Executive VP and CFO/COO | Tax withholding | 22 | $11.77 |
| 2026-07-15 | WILLS STEPHEN T | Executive VP and CFO/COO | Tax withholding | 79 | $11.72 |
| 2026-07-15 | WILLS STEPHEN T | Executive VP and CFO/COO | Tax withholding | 94 | $14.34 |
| 2025-12-30 | WILLS STEPHEN T | Executive VP and CFO/COO | Tax withholding | 26 | $21.38 |
| 2025-12-30 | WILLS STEPHEN T | Executive VP and CFO/COO | Tax withholding | 91 | $21.38 |
| 2025-12-30 | WILLS STEPHEN T | Executive VP and CFO/COO | Tax withholding | 95 | $21.38 |
| 2025-12-30 | SPANA CARL | President and CEO | Tax withholding | 40 | $21.38 |
| 2025-12-30 | SPANA CARL | President and CEO | Tax withholding | 138 | $21.38 |
| 2025-12-30 | SPANA CARL | President and CEO | Tax withholding | 143 | $21.38 |
| 2025-12-24 | WILLS STEPHEN T | Executive VP and CFO/COO | Open market sale | 565 | $16.74 |
| 2025-12-09 | WILLS STEPHEN T | Executive VP and CFO/COO | Grant / award | 95 | $0.00 |
| 2025-12-09 | WILLS STEPHEN T | Executive VP and CFO/COO | Grant / award | 330 | $0.00 |
| 2025-12-09 | WILLS STEPHEN T | Executive VP and CFO/COO | Grant / award | 345 | $0.00 |
| 2025-12-09 | SPANA CARL | President and CEO | Grant / award | 110 | $0.00 |
| 2025-12-09 | SPANA CARL | President and CEO | Grant / award | 380 | $0.00 |
| 2025-12-09 | SPANA CARL | President and CEO | Grant / award | 395 | $0.00 |
| 2025-12-09 | PRENDERGAST JOHN K A | Director | Grant / award | 1,300 | $0.00 |
| 2025-12-09 | PRENDERGAST JOHN K A | Director | Grant / award | 1,300 | $0.00 |
| 2025-12-09 | DUNTON ALAN W | Director | Grant / award | 1,000 | $0.00 |
| 2025-12-09 | DUNTON ALAN W | Director | Grant / award | 1,000 | $0.00 |
| 2025-11-14 | WILLS STEPHEN T | Executive VP and CFO/COO | Tax withholding | 33 | $8.00 |
| 2025-11-14 | WILLS STEPHEN T | Executive VP and CFO/COO | Tax withholding | 22 | $8.00 |
| 2025-11-14 | WILLS STEPHEN T | Executive VP and CFO/COO | Tax withholding | 79 | $8.00 |
| 2025-11-14 | WILLS STEPHEN T | Executive VP and CFO/COO | Tax withholding | 95 | $5.50 |
| 2025-11-14 | SPANA CARL | President and CEO | Tax withholding | 51 | $8.00 |
| 2025-11-14 | SPANA CARL | President and CEO | Tax withholding | 33 | $8.00 |
| 2025-11-14 | SPANA CARL | President and CEO | Tax withholding | 119 | $8.00 |
| 2025-11-14 | SPANA CARL | President and CEO | Tax withholding | 142 | $5.50 |
| 2025-06-13 | WILLS STEPHEN T | Executive VP and CFO/COO | Open market purchase | 1,500 | $150000.00 |
| 2025-06-13 | SPANA CARL | President and CEO | Open market purchase | 1,500 | $150000.00 |
| 2025-06-13 | DUNTON ALAN W | Reporting person | Open market purchase | 200 | $20000.00 |
| 2025-05-07 | DEVEER ROBERT K JR | Reporting person | Open market purchase | 100,000 | $0.10 |
Recent SEC filings
Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR submissions · updated 2026-09-03 12:04 UTC
| Filed | Form | Report period | Official filing |
|---|---|---|---|
| 2026-08-05 | 4 | 2026-08-03 | View on SEC.gov → |
| 2026-08-05 | 4 | 2026-08-03 | View on SEC.gov → |
| 2026-08-05 | 4 | 2026-08-03 | View on SEC.gov → |
| 2026-08-03 | 8-K | 2026-07-28 | View on SEC.gov → |
| 2026-07-17 | 4 | 2026-07-15 | View on SEC.gov → |
| 2026-07-17 | 4 | 2026-07-15 | View on SEC.gov → |
| 2026-05-18 | 8-K | 2026-05-18 | View on SEC.gov → |
| 2026-05-13 | 10-Q | 2026-03-31 | View on SEC.gov → |
| 2026-02-17 | 10-Q | 2025-12-31 | View on SEC.gov → |
| 2026-01-02 | 4 | 2025-12-30 | View on SEC.gov → |
| 2026-01-02 | 4 | 2025-12-30 | View on SEC.gov → |
| 2025-12-29 | 4 | 2025-12-24 | View on SEC.gov → |
Recent news
Headlines about PTN (Palatin Technologies, Inc.). Links open the publisher — we don’t host full articles.
-
12 Health Care Stocks Moving In Tuesday's Intraday Session
Benzinga · 2026-09-01 -
StreetWatch: A $2.9 Billion Takeover Put a Spotlight on Relentless Hunger. Palatin Technologies Is Developing the Next Generation of the Drug That Seeks to Treat It
Yahoo Finance · 2026-08-06 -
Palatin to Begin Trading on Nasdaq Stock Exchange
Yahoo Finance · 2026-05-18 -
Palatin Technologies, Inc. Q3 2026 Earnings Call Summary
Yahoo Finance · 2026-05-14 -
Palatin Technologies Inc (PTN) Q3 2026 Earnings Call Highlights: Strategic Advances Amidst ...
Yahoo Finance · 2026-05-13 -
Palatin Technologies, Inc. (PTN) Q3 2026 Earnings Call Transcript
Seeking Alpha · 2026-05-13 -
Transcript: Palatin Techs Q3 2026 Earnings Conference Call
Yahoo Finance · 2026-05-13 -
Palatin Technologies GAAP EPS of -$0.37, revenue of $3.9M
Seeking Alpha · 2026-05-13
No headlines in this category right now — try “All”.