Rapport Therapeutics, Inc.

RAPP Healthcare Biotechnology

EPS
−18.6%
Free cash flow
−64.8%

Quarter to September 2026, against a year earlier

24.48 0.76 +3.20%
Market cap
$1.1B
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 22.02
Sold, $m 46.58
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — 7 —
Sell 4 2 2 3 4 3 2 2 4 3 2 —
Insider Ownership 39.69%

Capital & Financial Ratios $m

Size
Market Cap 1,140.00
Revenue ttm —
Net income ttm (150.47)
Free cash flow ttm (120.78)
Net debt Q (395.13)
Valuation
P/E 0.00
Forward P/E —
Price / sales 0.00
Forward P/S Powerpack
Price / FCF 0.00
Price / book 2.99
Financial health
Current ratio Q 20.07 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q —
Growth
Revenue growth Q —
Operating income growth Q −47.02% (below 0%: shrinking)
EPS, this year −16.60% (below 0%: weak)
EPS, next year A −27.82% (below 0%: weak)
Revenue, next year A —
EPS, past 5 yrs —
EPS, next 5 yrs A −22.22% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 148 305 491 395
Receivables — — — 0
Inventory — — — —
Other — — — —
151 310 499 407
2023 2024 2025 Q'26
Payables 3 2 4 2
ST’ Debt — — — —
Other — — — —
9 9 19 20

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — — 0.00%
Earnings — — 0.00%
Book Value — — 191.81%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.42) (1.19) (0.84) — —
’25 (0.68) (0.75) (0.71) (0.72) (2.86)
’24 (11.07) (1.70) (0.50) (0.57) (3.78)
’23 — (4.45) (5.70) — (23.10)
Fiscal quarters ending in the months shown.

Revenue $m

Year
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (13) (41) (42) — —
’25 (20) (25) (17) (25) (87)
’24 (18) (16) (16) (14) (65)
’23 — (11) (5) (10) (27)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (13) (41) (41) — —
’25 (21) (25) (18) (25) (88)
’24 (19) (17) (17) (15) (67)
’23 — (12) (5) (12) (29)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — — — — — — 20 20 20 0.0%
Gross margin, % — — — — — — — — — — — —
EBT — — — — — — (11) (35) (78) (111) (150) +118.7%
EBT margin, % — — — — — — 0.00 0.00 0.00 0.00 0.00 0.0 pt
Net income — — — — — — (11) (35) (78) (111) (150) +118.7%
Per share, $
Per share, $ Revenue — — — — — — 0.00 0.00 0.00 0.00 0.00 n/m
Earnings — — — — — — (13.71) (23.10) (3.78) (2.86) (3.17) (40.7%)
Cash flow — — — — — — (4.17) (18.05) (3.13) (2.25) (2.53) (18.6%)
Capex — — — — — — (6.80) (1.09) (0.12) (0.02) 0.00 (86.8%)
Free cash flow — — — — — — (10.97) (19.13) (3.24) (2.26) (2.53) (40.9%)
Book value — — — — — — 25.10 93.59 14.73 12.45 8.19 (20.8%)
Shares, m — — — — — — 1 2 21 39 45 +268.7%
Valuation, ×
Valuation, × P/E — — — — — — — — — — 0 —
P/S — — — — — — — — — — 0 —
P/B — — — — — — — — — — 0 —
EV/Sales — — — — — — — — — — 0 —
EV/FCF — — — — — — — — — — 0 —
Cash, $m
Cash, $m Operating cash flow — — — — — — (3) (27) (65) (87) (121) +199.9%
Capex — — — — — — (5) (2) (2) (1) 0 (51.1%)
Free cash flow — — — — — — (9) (29) (67) (88) (121) +117.8%
Balance, $m
Balance, $m Working capital — — — — — — 30 142 301 480 387 +153.0%
Net debt — — — — — — (31) (148) (305) (491) (395) +150.6%
Shareholders’ equity — — — — — — 20 141 305 485 391 +191.8%
Returns, %
Returns, % ROA — — — — — — 0.00 (37.20) (33.30) (26.95) (31.55) (27.0) pt
ROIC — — — — — — 0.00 0.00 (123,593.75) 0.00 0.00 0.0 pt
ROE — — — — — — 0.00 194.90 (55.97) (28.22) (33.33) (28.2) pt
People
People Employees — — — — — — — 26 69 84 — +79.7%
Revenue/emp, $m — — — — — — — 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Latest quarter Mar 2026 · fundamentals updated 6 Nov 2026

Rapport Therapeutics, 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
DRTS Alpha Tau Medical Ltd. $1.2B — (loss-making) — — n/m −30.42% (below 0%: shrinking) 0.00% 0.00% Compare
MNKD MannKind Corporation $1.2B — (loss-making) — (loss-making) +24.04% (above 0%: growing) n/m −267.69% (below 0%: shrinking) 0.00% (2.14%) Compare
AVLN Avalyn Pharma Inc. $1.2B — (loss-making) — — n/m — — 0.00% Compare
INBX Inhibrx Biosciences, Inc. $1.2B — (loss-making) — (loss-making) +992.44% (above 0%: growing) n/m +0.12% (above 0%: growing) 100.00% 0.00% Compare
VOR Vor Biopharma Inc. $1.2B — (loss-making) — — n/m −47.59% (below 0%: shrinking) 0.00% — Compare
RAPP Rapport Therapeutics, Inc. $1.1B — (loss-making) — — n/m −64.75% (below 0%: shrinking) 100.00% 0.00%
SGP SpyGlass Pharma, Inc. $1.1B — (loss-making) — — n/m −100.49% (below 0%: shrinking) — 0.00% Compare
VSTM Verastem, Inc. $1.1B — (loss-making) — (loss-making) +113.59% (above 0%: growing) n/m +24.50% (above 0%: growing) 0.00% (313.28%) Compare
SPTX Seaport Therapeutics, Inc $1.1B — (loss-making) — — n/m −43.81% (below 0%: shrinking) — 0.00% Compare
Median of peers $1.2B — — +113.59% — −43.81% 0.00% 0.00%

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 23 April 2026

Ownership

Directors and executive officers, together 12.48%
Entities affiliated with Third Rock Ventures 16.95%
Entities affiliated with Fidelity 11.48%
ARCH Venture Fund XII, L.P. 7.80%
Entities affiliated with Cormorant Asset Management, LP 6.33%
One or more entities advised by Capital Research and Management Company 5.44%
BlackRock, Inc. 5.01%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Rapport Therapeutics, Inc. (RAPP) Latest News

stockrow.com/RAPP · Data as of Nov 6, 2026 · For information only; not investment advice. · © 2026 stockrow.com