Saturday 17 October 2026
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Palatin Technologies, Inc.
In the quarter to June 2026, revenue fell 14.1%, EPS fell 276.3% and free cash flow grew 34.2%, each against the same quarter a year earlier.
6.02
0.47
−7.24%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to June
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 362.50 | 737.50 | 825.00 | 450.00 | 412.50 | 107.00 | 71.50 | 34.00 | 2.00 | 6.00 |
Analyst estimates 2027–2029 Powerpack |
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| High | 1,312.50 | 1,987.50 | 2,225.00 | 1,125.00 | 1,625.00 | 687.50 | 250.00 | 282.50 | 72.50 | 24.49 | |||||
| People | |||||||||||||||
| People | Employees | 22 | 19 | 18 | 20 | 26 | 33 | 34 | 30 | 29 | 25 | ||||
| Revenue/emp, $m | 2.03 | 3.53 | 3.35 | 0.01 | (0.01) | 0.04 | 0.14 | 0.15 | 0.00 | 0.53 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 45 | 67 | 60 | 0 | 0 | 1 | 5 | 4 | — | 13 | ||||
| Gross margin, % | 100.00 | 100.00 | 100.00 | 100.00 | 178.37 | 85.18 | 91.38 | 97.83 | — | 100.00 | |||||
| EBT | (13) | 25 | 36 | (22) | (34) | (36) | (29) | (30) | (17) | (8) | |||||
| EBT margin, % | (28.69) | 36.92 | 59.32 | (19,005.08) | 17,813.63 | (2,464.98) | (591.54) | (662.26) | 0.00 | (63.54) | |||||
| Net income | (13) | 25 | 36 | (22) | (34) | (36) | (24) | (30) | (17) | (8) | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 303.62 | 423.56 | 363.04 | 0.63 | (1.00) | 7.69 | 22.29 | 15.27 | 0.00 | 4.66 | ||||
| Earnings | (87.50) | 150.00 | 212.50 | (125.00) | (175.00) | (189.50) | (126.50) | (101.00) | (28.86) | (2.96) | |||||
| Cash flow | 87.45 | 10.75 | (131.14) | 220.17 | (119.64) | (156.75) | (134.40) | (107.01) | (39.60) | (4.79) | |||||
| Capex | (0.91) | (0.14) | (0.22) | (0.34) | (0.03) | (1.37) | (1.99) | (0.14) | 0.00 | (0.02) | |||||
| Free cash flow | 86.55 | 10.60 | (131.36) | 219.84 | (119.67) | (158.12) | (136.39) | (107.16) | (39.60) | (4.81) | |||||
| Book value | (35.06) | 170.13 | 605.35 | 427.13 | 262.29 | 85.22 | (9.09) | (0.38) | (8.88) | 2.37 | |||||
| Shares, m | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 8.06 | 6.41 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.00 | ||||
| P/S | 1.37 | 2.89 | 2.52 | 1.99 | 0.00 | 45.50 | 4.71 | 4.37 | — | 2.31 | |||||
| P/B | 0.00 | 7.20 | 2.25 | 1.50 | 2.91 | 4.11 | 0.00 | 0.00 | — | 4.56 | |||||
| EV/Sales | 0.78 | 2.33 | 2.04 | 0.64 | (453.04) | 25.54 | 2.48 | 2.87 | — | 1.75 | |||||
| EV/FCF | 3.53 | 93.12 | (8.39) | 0.93 | (3.77) | (1.24) | (0.41) | (0.57) | — | (1.70) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 13 | 2 | (22) | 41 | (23) | (30) | (29) | (31) | (21) | (14) | ||||
| Capex | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | 0 | |||||
| Free cash flow | 13 | 2 | (22) | 41 | (23) | (30) | (30) | (32) | (21) | (14) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 2 | 28 | 100 | 80 | 55 | 18 | 1 | 0 | (5) | 6 | ||||
| Total debt | 6 | 0 | 0 | 1 | 1 | 0 | 0 | — | — | — | |||||
| Net debt | (34) | (38) | (44) | (82) | (59) | (30) | (11) | (10) | (3) | (7) | |||||
| Shareholders’ equity | (5) | 27 | 101 | 80 | 50 | 16 | (2) | 0 | (5) | 7 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | (39.39) | 51.54 | 49.77 | (23.63) | (44.10) | (70.04) | (89.01) | (207.35) | (247.08) | (142.11) | ||||
| ROIC | 0.00 | 0.00 | 39.17 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| ROE | 117.20 | 226.63 | 56.11 | (24.82) | (51.76) | (109.83) | (336.46) | 2,843.65 | 708.07 | (877.59) | |||||
Negative figures in brackets.
Fiscal years to Jun 2026 · latest quarter Jun 2026 · fundamentals updated 30 Sep 2026
Charts ten years each
Palatin Technologies, Inc. vs peers in Biotechnology (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| ASBP Aspire-Lakewood Holdings, Inc. | $12.1M | 0.2× | — | — | n/m | −85.54% (below 0%: shrinking) | (47.70%) | (4,244.37%) | Compare |
| ACTU Actuate Therapeutics, Inc. | $12.0M | — (loss-making) | — | — | n/m | −5.54% (below 0%: shrinking) | — | 0.00% | Compare |
| PLUR Pluri Inc. | $11.9M | — (loss-making) | — (loss-making) | −15.83% (below 0%: shrinking) | n/m | +25.03% (above 0%: growing) | 58.51% | (1,655.52%) | Compare |
| INAB IN8bio, Inc. | $11.7M | — (loss-making) | — | — | n/m | −1.30% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| ENSC Ensysce Biosciences, Inc. | $11.6M | — (loss-making) | — (loss-making) | −15.10% (below 0%: shrinking) | n/m | +27.50% (above 0%: growing) | 100.00% | (221.28%) | Compare |
| PASG Passage Bio, Inc. | $11.6M | — (loss-making) | — | — | n/m | −59.81% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| PTN Palatin Technologies, Inc. | $11.6M | — (loss-making) | 0.2× | −14.06% (below 0%: shrinking) | n/m | +34.21% (above 0%: growing) | 100.00% | (1,469.35%) | |
| CLRB Cellectar Biosciences, Inc. | $11.2M | — (loss-making) | — | −73.23% (below 0%: shrinking) | n/m | −17.49% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| INTS Intensity Therapeutics Inc. | $11.0M | — (loss-making) | — | — | n/m | +4.72% (above 0%: growing) | 0.00% | 0.00% | Compare |
| Median of peers | $11.7M | — | — | −15.83% | — | −3.42% | 0.00% | 0.00% |
Palatin Technologies, Inc. (PTN) key facts
- Palatin Technologies, Inc. (PTN) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
- As of October 16, 2026, PTN traded at $6.02, a market capitalization of $11.6 million.
- Return on equity was −877.6% and debt-to-equity 0.00.
- Its Altman Z-score is −67.72 (distress zone) for fiscal 2026.