tiprankstipranks
Trending News
More News >
Perspective Therapeutics (CATX)
:CATX

Perspective Therapeutics (CATX) AI Stock Analysis

Compare
1,600 Followers

Top Page

CATX

Perspective Therapeutics

(CATX)

Select Model
Select Model
Select Model
Neutral 53 (OpenAI - 5.2)
Rating:53Neutral
Price Target:
$5.50
▼(-2.65% Downside)
Action:ReiteratedDate:02/04/26
The score is held down primarily by very weak profitability and significant cash burn despite a low-debt balance sheet. Technicals are currently strong with price well above key moving averages, but elevated RSI suggests overbought risk. Recent financing and positive pipeline updates provide a supportive backdrop, while valuation is difficult to support given ongoing losses and no indicated dividend yield.
Positive Factors
Low Leverage / Strong Equity Base
The company’s very low leverage and sizable equity base provide durable financial flexibility to fund clinical programs and capex without immediate solvency pressure. This structural balance sheet strength reduces bankruptcy risk and supports multi-stage trial investments and manufacturing scale-up over the next 2–6 months.
Material Recent Financing
The closed $175M financing materially extends runway and is a structural funding event enabling scaled clinical development, manufacturing upgrades, and potential acquisitions or licensing. This capital reduces near-term dilution risk and supports execution of planned 2026 data readouts and regulatory engagement.
Clinical Momentum Across Pipeline
Consistent favorable safety and early efficacy signals across multiple 212Pb programs increase the probability of advancing to registrational studies. Durable anti-tumor activity and tolerability are structural positives that strengthen competitive positioning and support future regulatory discussions and partner interest.
Negative Factors
High Cash Burn
Persistently large negative operating and free cash flows indicate the business consumes significant capital to progress R&D. That structural burn rate requires ongoing funding rounds or partnerships to sustain multiple clinical programs, creating execution risk if capital markets or partner interest weakens.
Minimal Current Revenue & Large Losses
Revenue is effectively immaterial while losses are sizable, reflecting a pre-commercial R&D model. This persistent lack of operating income means commercial viability depends entirely on future trial success and approvals, making near-term financial sustainability contingent on non-revenue funding.
Capital Consumption / Dilution Risk
Negative returns on equity signal ongoing capital consumption despite low debt. Structurally, this raises the probability of further equity financings or licensing dilution to support trials and manufacturing scale-up, which can dilute existing ownership and affect long-term shareholder economics.

Perspective Therapeutics (CATX) vs. SPDR S&P 500 ETF (SPY)

Perspective Therapeutics Business Overview & Revenue Model

Company DescriptionPerspective Therapeutics, Inc., together with its subsidiaries, develops, manufactures, sells, and markets isotope-based medical products and devices for the treatment of cancer and other malignant diseases in the United States and internationally. The company offers CS-1 Cesium-131 brachytherapy seeds for the treatment of prostate, brain, lung, head and neck, gynecological, pelvic/abdominal, and colorectal cancers. It sells its products to facilities or physician practices that utilize various surgical facilities. The company was formerly known as Isoray, Inc. and changed its name to Perspective Therapeutics, Inc. in February 2022. Perspective Therapeutics, Inc. was founded in 1998 and is based in Richland, Washington.
How the Company Makes MoneyPerspective Therapeutics makes money primarily through the commercialization of its proprietary therapeutic solutions. The company generates revenue by licensing its technologies to pharmaceutical companies, receiving milestone payments and royalties from successful product developments. Additionally, Perspective Therapeutics may engage in strategic partnerships and collaborations with other biotech firms and research institutions to co-develop products, further expanding its revenue streams. The company may also earn income from government grants and subsidies aimed at fostering innovation in healthcare.

Perspective Therapeutics Financial Statement Overview

Summary
Financial profile is weak overall: the income statement shows minimal revenue ($0.84M TTM) with deeply negative margins and a large net loss (-$105.8M), and cash flow shows heavy ongoing burn (TTM operating cash flow -$78.3M; free cash flow -$104.4M). The balance sheet is a partial offset with very low leverage (debt-to-equity ~0.014) and sizable equity, but persistently negative returns (ROE ~-39%) indicate continued capital consumption and potential future funding/dilution risk.
Income Statement
12
Very Negative
TTM (Trailing-Twelve-Months) results show very weak profitability: revenue is minimal ($0.84M) and margins are deeply negative (gross profit and operating profit are both negative), culminating in a large net loss (-$105.8M). While TTM revenue growth is positive (+33.07%), the base is extremely small and the business remains far from breakeven. Prior years also show persistent losses and volatile revenue (including an annual period with zero revenue), reinforcing that earnings quality and operating leverage are not yet established.
Balance Sheet
68
Positive
The balance sheet is a relative strength: leverage is very low (TTM debt-to-equity ~0.014) and equity is sizable ($242.2M) versus total debt ($3.3M), providing financial flexibility. However, returns remain meaningfully negative (TTM return on equity about -39%), indicating the capital base is being consumed by operating losses and raising the risk of future dilution or capital needs if losses persist.
Cash Flow
18
Very Negative
Cash generation is weak with consistently negative operating cash flow (TTM -$78.3M) and negative free cash flow (TTM -$104.4M), and TTM free cash flow deteriorated further (growth -7.17%). A positive relationship of free cash flow to net income in TTM reflects that both are negative rather than true cash strength—overall pointing to a high cash-burn profile that will likely require continued funding until revenues scale materially.
BreakdownTTMDec 2024Dec 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue841.00K0.001.43M7.10M10.79M10.05M
Gross Profit-1.40M0.001.43M1.63M4.62M5.12M
EBITDA-105.21M10.46M-39.96M-14.84M-7.39M-3.43M
Net Income-105.80M-79.28M-46.51M-14.67M-7.15M-3.19M
Balance Sheet
Total Assets294.82M341.10M97.89M58.09M67.25M15.51M
Cash, Cash Equivalents and Short-Term Investments174.14M226.92M9.24M43.76M60.35M9.59M
Total Debt3.31M4.06M2.55M0.00652.00K897.00K
Total Liabilities52.61M50.43M22.71M3.45M2.86M2.74M
Stockholders Equity242.22M290.67M75.18M54.64M64.39M12.77M
Cash Flow
Free Cash Flow-104.38M-72.71M-37.98M-12.47M-7.98M-3.22M
Operating Cash Flow-78.31M-18.29M-36.91M-12.17M-7.71M-2.84M
Investing Cash Flow-125.91M-218.93M24.37M-57.68M-284.00K-410.00K
Financing Cash Flow10.66M289.38M785.00K56.00K56.00K64.68M

Perspective Therapeutics Technical Analysis

Technical Analysis Sentiment
Positive
Last Price5.65
Price Trends
50DMA
3.38
Positive
100DMA
3.15
Positive
200DMA
3.27
Positive
Market Momentum
MACD
0.63
Negative
RSI
71.70
Negative
STOCH
84.75
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CATX, the sentiment is Positive. The current price of 5.65 is above the 20-day moving average (MA) of 4.43, above the 50-day MA of 3.38, and above the 200-day MA of 3.27, indicating a bullish trend. The MACD of 0.63 indicates Negative momentum. The RSI at 71.70 is Negative, neither overbought nor oversold. The STOCH value of 84.75 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CATX.

Perspective Therapeutics Risk Analysis

Perspective Therapeutics disclosed 55 risk factors in its most recent earnings report. Perspective Therapeutics reported the most risks in the "Tech & Innovation" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 1 New Risks
1.
We may not be successful in managing the build-out of our manufacturing facilities and associated costs or satisfying manufacturing-related regulatory requirements. Q3, 2024

Perspective Therapeutics Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
$205.31M23.4820.20%16.05%29.48%
72
Outperform
$320.11M25.1110.53%18.90%29.22%
54
Neutral
$231.83M-2.2949.52%19.34%
53
Neutral
$572.99M-3.87-37.24%
52
Neutral
$270.92M-2.55-29.28%-2.69%-149.18%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
47
Neutral
$149.20M-2.70-34.75%15.19%-3.32%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CATX
Perspective Therapeutics
5.65
2.92
106.96%
ELMD
Electromed
24.26
-2.71
-10.05%
QTRX
Quanterix
5.76
-2.30
-28.54%
VMD
Viemed Healthcare
8.24
0.54
7.01%
NNOX
Nano-X Imaging
2.43
-3.59
-59.63%
TLSI
TriSalus Life Sciences
5.45
-0.06
-1.09%

Perspective Therapeutics Corporate Events

Business Operations and StrategyPrivate Placements and Financing
Perspective Therapeutics Raises Capital to Advance Radiopharmaceutical Pipeline
Positive
Feb 3, 2026

On February 2, 2026, Perspective Therapeutics, Inc. entered into an underwriting agreement for a previously announced underwritten offering of 39,576,088 common shares and pre-funded warrants to purchase 6,598,046 shares, priced at $3.79 per share and $3.789 per pre-funded warrant, respectively; the transaction, led by Piper Sandler and UBS Securities, closed on February 3, 2026 and generated approximately $175 million in gross proceeds. The company plans to deploy the net proceeds to advance clinical development of its radiopharmaceutical pipeline, expand and upgrade its manufacturing infrastructure, fund working capital and other general corporate needs, and potentially pursue acquisitions or licensing of complementary assets, moves that are expected to bolster its operational capacity and financial flexibility as it seeks to strengthen its position in the oncology theranostics market.

The most recent analyst rating on (CATX) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on Perspective Therapeutics stock, see the CATX Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
Perspective Therapeutics Highlights Progress in Radiopharmaceutical Pipeline
Positive
Feb 2, 2026

On February 2, 2026, Perspective Therapeutics posted an investor presentation outlining progress across its pipeline of 212Pb-based radiopharmaceutical therapies and its broader strategy in oncology. The company highlighted ongoing Phase 1/2a clinical trials for three wholly owned candidates: VMT-α-NET for SSTR2-positive neuroendocrine tumors, VMT01 for melanoma, and PSV359 targeting FAP-α in advanced solid tumors, noting compelling anti-tumor activity, durable disease control, and favorable tolerability profiles to date. The presentation emphasized the potential first-in-class positioning of these agents, the optimization of targeted delivery through imaging and proprietary chelation technology, and the company’s secured clinical supply and scaling manufacturing infrastructure, with Phase 1/2 data expected across all three clinical programs in 2026—developments that underscore Perspective’s bid to strengthen its competitive position in the growing radiopharmaceutical market and its prospects for future registration-directed studies.

The most recent analyst rating on (CATX) stock is a Buy with a $4.50 price target. To see the full list of analyst forecasts on Perspective Therapeutics stock, see the CATX Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
Perspective Therapeutics Highlights Progress in Radioligand Oncology Pipeline
Positive
Jan 14, 2026

On January 14, 2026, Perspective Therapeutics updated its corporate presentation to highlight progress on its 212Pb-based radioligand platform and expanding oncology pipeline. The company detailed three ongoing Phase 1/2a clinical programs—VMT-α-NET for SSTR2-positive neuroendocrine tumors, VMT01 for melanoma targeting MC1R, and PSV359 for FAP-α–expressing solid tumors—all of which have shown early signals of anti-tumor activity and manageable safety profiles. It also emphasized its secured clinical supply, commercial-scale manufacturing build-out, and strong IP coverage, positioning the company to potentially advance registration-enabling studies and to compete more aggressively in the growing solid tumor radiopharmaceutical market, with additional Phase 1/2 data from all three programs expected in 2026.

The most recent analyst rating on (CATX) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Perspective Therapeutics stock, see the CATX Stock Forecast page.

Business Operations and Strategy
Perspective Therapeutics outlines 2026 clinical and manufacturing priorities
Positive
Jan 12, 2026

On January 12, 2026, Perspective Therapeutics announced business updates and strategic priorities for the next 12–18 months, highlighting steady clinical progress across its pipeline and moves to scale manufacturing ahead of broader data readouts and regulatory engagement. Updated interim data from its lead VMT-α-NET program in neuroendocrine tumors, presented at ASCO-GI 2026, showed continued strong patient recruitment, a favorable safety profile with no dose-limiting toxicities or treatment-related serious adverse events among 56 treated patients, and signs of durable disease control and deepening tumor responses, positioning the program for more extensive conference presentations and discussions with regulators in 2026. The company also reported ongoing dose-finding work in its VMT01 melanoma program, including patients treated both as monotherapy and in combination with nivolumab at the 3.0 mCi dose, as well as early clinical activity in the PSV359 program targeting FAP-expressing solid tumors, where five patients had been treated across two dose cohorts by year-end 2025. Alongside these clinical advances, Perspective is expanding and upgrading its manufacturing footprint to support growing clinical demand, and it planned to outline these developments and its strategic trajectory to investors at the 44th Annual J.P. Morgan Healthcare Conference on January 14, 2026.

The most recent analyst rating on (CATX) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Perspective Therapeutics stock, see the CATX Stock Forecast page.

Business Operations and Strategy
Perspective Therapeutics Reports Positive Interim Neuroendocrine Tumor Data
Positive
Jan 9, 2026

On January 9, 2026, Perspective Therapeutics reported updated interim data from its ongoing Phase 1/2a trial of [212Pb]VMT-α-NET in patients with unresectable or metastatic SSTR2‑expressing neuroendocrine tumors, based on a December 10, 2025 data cut-off and presented at the 2026 ASCO Gastrointestinal Cancers Symposium. The update showed that among 56 patients across three dose cohorts there were no dose-limiting toxicities, treatment-related discontinuations, serious renal complications, or Grade 5 events, while Grade 3 or higher treatment-emergent adverse events occurred in 37.5% of patients and serious adverse events were not attributed to the study drug. Efficacy data from both patients in Cohort 1 and 23 patients in Cohort 2 indicated that 76% of these 25 patients were alive without disease progression after roughly 13 additional weeks of follow-up versus the prior readout, with a 39% objective response rate in Cohort 2 and evidence of deepening tumor responses over time. Investigators and company executives highlighted the combination of durable anti-tumor activity and favorable tolerability at the 5.0 mCi dose, the completion of dose-limiting toxicity assessment at the higher 6.0 mCi dose, and the expanding clinical dataset as factors that strengthen the program’s profile and underpin ongoing dose optimization and future registrational planning, signaling growing clinical momentum for the company’s lead radiopharmaceutical asset and broader platform.

The most recent analyst rating on (CATX) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on Perspective Therapeutics stock, see the CATX Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
Perspective Therapeutics Updates Corporate Presentation on Advancements
Positive
Dec 1, 2025

On December 1, 2025, Perspective Therapeutics updated its corporate presentation, highlighting its advancements in radiopharmaceutical therapy, which is set to revolutionize oncology treatment. The company’s innovative platform and proprietary chelator are optimized for lead-based radiopharmaceutical therapies, demonstrating compelling anti-tumor activity and a strong safety profile in trials for neuroendocrine tumors and metastatic melanoma. This progress underscores the potential for significant impact on cancer treatment and positions Perspective Therapeutics as a leader in the field.

The most recent analyst rating on (CATX) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on Perspective Therapeutics stock, see the CATX Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
Perspective Therapeutics Reports Promising Q3 2025 Results
Positive
Nov 10, 2025

On November 10, 2025, Perspective Therapeutics announced its third-quarter results and provided business updates, highlighting the progress of its [212Pb]VMT-α-NET Phase 1/2a study for neuroendocrine tumors and the VMT01 study for melanoma. The company reported a favorable safety profile and promising anti-tumor activity for its [212Pb]VMT-α-NET therapy, with 80% of patients remaining progression-free. Financially, Perspective Therapeutics had approximately $174 million in cash and investments as of September 30, 2025, expected to fund operations into late 2026. The company also noted increased research and development expenses due to expanded clinical activities and personnel costs.

The most recent analyst rating on (CATX) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Perspective Therapeutics stock, see the CATX Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
Perspective Therapeutics Updates Corporate Presentation on Pipeline
Positive
Nov 6, 2025

On November 6, 2025, Perspective Therapeutics updated its corporate presentation, highlighting its robust pipeline of clinical-stage programs and the potential impact of its radiopharmaceutical therapies on oncology treatment. The company’s focus on targeted therapies, including its VMT-α-NET and VMT01/02 programs, aims to expand the range of tumors addressed by their products, with multiple data milestones expected through 2026. This development could significantly enhance the company’s market positioning and provide new treatment options for patients with various solid tumors.

The most recent analyst rating on (CATX) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Perspective Therapeutics stock, see the CATX Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Feb 04, 2026