Phathom Pharmaceuticals, Inc. (PHAT)

NASDAQ: PHAT · Real-Time Price · USD
11.67
-0.20 (-1.68%)
May 21, 2026, 10:37 AM EDT - Market open
Market Cap926.95M +453.2%
Revenue (ttm)204.89M +150.3%
Net Income-157.30M
EPS-2.09
Shares Out 79.43M
PE Ration/a
Forward PE32.31
Dividendn/a
Ex-Dividend Daten/a
Volume83,821
Open11.80
Previous Close11.87
Day's Range11.66 - 11.95
52-Week Range3.69 - 18.31
Beta0.57
AnalystsStrong Buy
Price Target23.70 (+103.09%)
Earnings DateApr 30, 2026

About PHAT

Phathom Pharmaceuticals, Inc., a biopharmaceutical company, focuses on developing and commercializing treatments for gastrointestinal diseases in the United States. It develops VOQUEZNA, which has completed Phase III clinical trials for the treatment of erosive gastroesophageal reflux disease (GERD) and related heartburn in adults; and VOQUEZNA Triple Pak and VOQUEZNA Dual Pak that have completed Phase III clinical trials for treating Helicobacter pylori, as well as VOQUEZNA and vonoprazan for the treatment of heartburn associated with non-eros... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Oct 25, 2019
Employees 371
Stock Exchange NASDAQ
Ticker Symbol PHAT
Full Company Profile

Financial Performance

In 2025, Phathom Pharmaceuticals's revenue was $175.11 million, an increase of 216.93% compared to the previous year's $55.25 million. Losses were -$221.25 million, -33.82% less than in 2024.

Financial Statements

Analyst Summary

According to 10 analysts, the average rating for PHAT stock is "Strong Buy." The 12-month stock price target is $23.7, which is an increase of 103.09% from the latest price.

Price Target
$23.7
(103.09% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Phathom Pharmaceuticals Highlights Breadth of Independent Vonoprazan Research at Digestive Disease Week 2026 Annual Meeting

FLORHAM PARK, N.J., May 20, 2026 (GLOBE NEWSWIRE) -- Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a biopharmaceutical company focused on commercializing and developing novel treatments for gastrointe...

1 day ago - GlobeNewsWire

Phathom Pharmaceuticals to Highlight VOQUEZNA® (vonoprazan) at DDW 2026 Annual Meeting

FLORHAM PARK, N.J., May 01, 2026 (GLOBE NEWSWIRE) -- Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a biopharmaceutical company focused on commercializing and developing novel treatments for gastrointe...

20 days ago - GlobeNewsWire

Phathom Pharmaceuticals reports Q1 non-GAAP EPS (18c), consensus (19c)

Reports Q1 revenue $58.3M, consensus $56.81M. “In Q1, we more than doubled revenue compared to the prior year Q1. We have implemented our pivot to GI and the associated sales…

21 days ago - TheFly

Phathom Pharmaceuticals still sees 2026 revenue $320M-$34M, consensus $332.04M

07:41 EDT Phathom Pharmaceuticals (PHAT) still sees 2026 revenue $320M-$34M, consensus $332.04M

21 days ago - TheFly

Phathom Pharmaceuticals Earnings Call Transcript: Q1 2026

Q1 2026 revenue more than doubled year-over-year, driven by strong VOQUEZNA adoption among GI specialists and an expanded sales force. Guidance for 2026 is maintained, with operating profitability targeted by Q3 and positive cash flow in 2027.

21 days ago - Transcripts

Phathom Pharmaceuticals Earnings release: Q1 2026

Phathom Pharmaceuticals released its Q1 2026 earnings on April 30, 2026, summarizing the period's financial results.

21 days ago - Filings

Phathom Pharmaceuticals Quarterly report: Q1 2026

Phathom Pharmaceuticals has published its Q1 2026 quarterly earnings report on April 30, 2026.

21 days ago - Filings

Phathom Pharmaceuticals Slides: Q1 2026

Phathom Pharmaceuticals has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 30, 2026.

21 days ago - Filings

Phathom Pharmaceuticals Reports First Quarter 2026 Financial Results and Provides Business Update

FLORHAM PARK, N.J., April 30, 2026 (GLOBE NEWSWIRE) -- Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a biopharmaceutical company focused on commercializing and developing novel treatments for gastroin...

21 days ago - GlobeNewsWire

Phathom Pharmaceuticals to Report First Quarter 2026 Financial Results and Provide Business Update on Thursday, April 30, 2026

Management to host conference call on Thursday, April 30, 2026, at 8:00 am EDT FLORHAM PARK, N.J., April 20, 2026 (GLOBE NEWSWIRE) -- Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a biopharmaceutical ...

4 weeks ago - GlobeNewsWire

Phathom Pharmaceuticals Transcript: 25th Annual Needham Virtual Healthcare Conference

VOQUEZNA’s focused GI strategy is driving strong revenue growth, with 2026 set as a pivotal year for profitability and cash flow. The company’s capital structure is now sustainable, and long-term growth will be supported by expanding into primary care and leveraging first-mover advantage.

5 weeks ago - Transcripts

Phathom Pharmaceuticals Proxy statement: Proxy filing

Phathom Pharmaceuticals filed a proxy statement on April 7, 2026, providing details for shareholder voting and corporate governance matters.

6 weeks ago - Filings

Phathom Pharmaceuticals Proxy statement: Proxy filing

Phathom Pharmaceuticals filed a proxy statement on April 7, 2026, providing details for shareholder voting and corporate governance matters.

6 weeks ago - Filings

Phathom Pharmaceuticals to Participate in Upcoming Investor Conferences

FLORHAM PARK, N.J., April 06, 2026 (GLOBE NEWSWIRE) -- Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a biopharmaceutical company focused on commercializing and developing novel treatments for gastroin...

6 weeks ago - GlobeNewsWire

Phathom Pharmaceuticals upgraded to Overweight from Equal Weight at Barclays

Barclays analyst Jenna Davidner upgraded Phathom Pharmaceuticals (PHAT) to Overweight from Equal Weight with a price target of $18, up from $16. The company’s Q1 trends are “lighter,” but the…

7 weeks ago - TheFly

Phathom Pharmaceuticals management to meet with Cantor

Meeting to be held in London on March 23, Stockholm March 24 and Zurich March 25 hosted by Cantor.

2 months ago - TheFly

Phathom Pharmaceuticals Transcript: Barclays 28th Annual Global Healthcare Conference

Leadership implemented a strategic pivot to gastroenterology, cut operating expenses by 50%, and restructured finances to support sustainable growth. The company projects strong revenue growth, targets a $1 billion market in GI, and expects exclusivity until at least 2033.

2 months ago - Transcripts

Phathom Pharmaceuticals Transcript: TD Cowen 46th Annual Health Care Conference

A focused GI specialist strategy has driven strong growth for VOQUEZNA, with revenue rising to $175 million and a clear path to $1–2 billion in annual sales. Regulatory exclusivity extends to 2032, and financial discipline supports profitability by H2 2026.

2 months ago - Transcripts

Phathom Pharmaceuticals price target raised to $25 from $20 at Guggenheim

Guggenheim raised the firm’s price target on Phathom Pharmaceuticals (PHAT) to $25 from $20 and keeps a Buy rating on the shares. The firm, which continues to be “encouraged” by…

2 months ago - TheFly

Phathom Pharmaceuticals price target raised to $13 from $12 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Phathom Pharmaceuticals (PHAT) to $13 from $12 and keeps a Neutral rating on the shares after its Q4 earnings beat. The firm…

2 months ago - TheFly

Phathom Pharmaceuticals Earnings Call Transcript: Q4 2025

Delivered strong 2025 results with 217% revenue growth and improved margins, driven by GI strategy and sales force execution. Enhanced capital structure and issued 2026 guidance for $320–$345 million revenue, targeting profitability by Q3 and cash flow positivity in 2027.

3 months ago - Transcripts

Phathom Pharmaceuticals Annual report: Q4 2025

Phathom Pharmaceuticals has published its Q4 2025 annual report on February 26, 2026.

3 months ago - Filings

Phathom Pharmaceuticals Earnings release: Q4 2025

Phathom Pharmaceuticals released its Q4 2025 earnings on February 26, 2026, summarizing the period's financial results.

3 months ago - Filings

Phathom Pharmaceuticals Slides: Q4 2025

Phathom Pharmaceuticals has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 26, 2026.

3 months ago - Filings

Phathom Pharmaceuticals reports Q4 EPS (8c), consensus (19c)

Reports Q4 revenue $57.584M, consensus $57.44M. “We are pleased with our continued growth throughout 2025, leveraging the efficiency of our GI-focused strategy,” said Steven Basta, President and Chief...

3 months ago - TheFly