Protara Therapeutics Raises $86.3 Million in Offering

Protara Therapeutics ( (TARA) ) has issued an update.

On December 8, 2025, Protara Therapeutics completed a public offering of 13,043,479 shares of common stock at $5.75 per share, raising approximately $86.3 million in gross proceeds. The funds are intended to support the clinical development of TARA-002 and other programs, as well as general corporate purposes, potentially strengthening the company’s position in the biopharmaceutical industry.

The most recent analyst rating on (TARA) stock is a Buy with a $26.00 price target. To see the full list of analyst forecasts on Protara Therapeutics stock, see the TARA Stock Forecast page.

Spark’s Take on TARA Stock

According to Spark, TipRanks’ AI Analyst, TARA is a Underperform.

Protara Therapeutics faces considerable challenges typical in early-stage biotech, such as no revenue and persistent cash outflows. However, the strong equity and low debt levels provide some stability. The recent positive trial results are promising, but the stock remains high-risk due to its financial and operational metrics.

To see Spark’s full report on TARA stock, click here.

More about Protara Therapeutics

Protara Therapeutics, Inc. operates in the biopharmaceutical industry, focusing on the development of treatments for rare and specialty diseases. The company’s primary product in development is TARA-002, which is aimed at addressing unmet medical needs in its target market.

Average Trading Volume: 815,150

Technical Sentiment Signal: Buy

Current Market Cap: $294.3M

See more data about TARA stock on TipRanks’ Stock Analysis page.