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Palatin Technologies (PTNTD)
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Palatin Technologies (PTNTD) AI Stock Analysis

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PTNTD

Palatin Technologies

(OTC:PTNTD)

Rating:46Neutral
Price Target:
$0.00
▼(-100.00% Downside)
Palatin Technologies' overall score is heavily impacted by its poor financial performance and the negative corporate event of potential delisting. While some technical indicators suggest short-term bullish momentum, the overall bearish trend and unfavorable valuation metrics underscore significant risks. The company must address its financial instability to improve its market position.

Palatin Technologies (PTNTD) vs. SPDR S&P 500 ETF (SPY)

Palatin Technologies Business Overview & Revenue Model

Company DescriptionPalatin Technologies, Inc., a biopharmaceutical company, develops targeted receptor-specific therapeutics for the treatment of various diseases in the United States. The company's lead product is Vyleesi, a melanocortin receptor (MCr) agonist for the treatment of premenopausal women with hypoactive sexual desire disorder. It is also developing oral PL8177, a selective MC1r agonist peptide that has completed Phase I clinical trial for the treatment of inflammatory bowel diseases. In addition, the company engages in the development of PL9643, a peptide melanocortin agonist active at multiple MCrs, including MC1r and MC5r for anti-inflammatory ocular indications, such as dry eye disease; and melanocortin peptides for diabetic retinopathy. Further, it is developing PL3994, a natriuretic peptide receptor (NPR)-A agonist and synthetic mimetic of the endogenous neuropeptide hormone atrial natriuretic peptide for cardiovascular indications; and PL5028, an NPR-A and NPR-binder to treat cardiovascular and fibrotic diseases, including reducing cardiac hypertrophy and fibrosis. The company was incorporated in 1986 and is based in Cranbury, New Jersey.
How the Company Makes MoneyPalatin Technologies generates revenue through the commercialization of its pharmaceutical products, primarily Vyleesi. Revenue streams include product sales, licensing agreements, royalties, and milestone payments from strategic partnerships and collaborations with other pharmaceutical companies. The company has established partnerships for the distribution and marketing of Vyleesi in various regions, which contributes to its earnings. Additionally, Palatin may receive government grants or funding for its research and development initiatives, although these are not primary revenue sources.

Palatin Technologies Earnings Call Summary

Earnings Call Date:May 14, 2025
(Q2-2025)
|
% Change Since: |
Next Earnings Date:Oct 07, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mixed view with significant achievements in reducing net loss and promising clinical trial results. However, challenges remain with the absence of product sales and a decrease in cash position. The company is actively pursuing strategic partnerships to enhance its future prospects.
Q2-2025 Updates
Positive Updates
Significant Decrease in Net Loss
Palatin Technologies, Inc.'s net loss for the quarter ended December 31, 2024, was $2.4 million compared to a net loss of $7.8 million for the same period in 2023.
Decrease in Net Cash Used in Operations
Net cash used in operations for the quarter ended December 31, 2024, was $4.8 million compared to $10.5 million for the same period in 2023.
Promising Phase 2 Breakout Study Results
71% of patients achieved a greater than 30% reduction in urinary protein to creatinine ratio and improved or stabilized estimated pulmonary filtration rate in a study for diabetic kidney disease.
Strategic Business Development
Significant increase in business development discussions for outlicensing and potential partnerships for the OPL 8177 and ocular melanocortin programs.
Negative Updates
No Recorded Product Sales
Palatin Technologies, Inc. did not record any product sales to pharmacy distributors for the second quarter ended December 31, 2024.
Decrease in Cash Position
Cash and cash equivalents were $3.4 million as of December 31, 2024, compared to $9.5 million as of June 30, 2024.
Fair Value Adjustment Loss
Recorded a fair value adjustment loss of $8.1 million for the quarter ended December 31, 2023.
Company Guidance
During the second quarter fiscal year 2025 call, Palatin Technologies, Inc. provided guidance on several key metrics. They did not report any product sales for the quarter ended December 31, 2024, following the sale of worldwide rights for female sexual dysfunction to CoSette Pharmaceuticals in December 2023. Operating expenses were $2.6 million, net of a $2.5 million gain from the sale by lessee, compared to $0.9 million net of a $7.8 million gain for the same quarter in 2023. Net cash used in operations decreased to $4.8 million from $10.5 million in the previous year, while the net loss was reduced to $2.4 million from $7.8 million. As of December 31, 2024, cash and cash equivalents were $3.4 million, excluding $4.3 million raised in a February 2025 equity offering. Additionally, Palatin is actively seeking multiple funding sources for future operating cash requirements.

Palatin Technologies Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

Palatin Technologies Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price9.00
Price Trends
50DMA
8.93
Positive
100DMA
8.06
Positive
200DMA
26.57
Negative
Market Momentum
MACD
0.15
Positive
RSI
48.65
Neutral
STOCH
5.95
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PTNTD, the sentiment is Neutral. The current price of 9 is above the 20-day moving average (MA) of 8.91, above the 50-day MA of 8.93, and below the 200-day MA of 26.57, indicating a neutral trend. The MACD of 0.15 indicates Positive momentum. The RSI at 48.65 is Neutral, neither overbought nor oversold. The STOCH value of 5.95 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PTNTD.

Palatin Technologies Risk Analysis

Palatin Technologies disclosed 48 risk factors in its most recent earnings report. Palatin Technologies reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Palatin Technologies Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
57
Neutral
$12.79M0.71-162.42%-82.24%
52
Neutral
$9.29M-81.33%-62.68%23.94%
51
Neutral
$7.92B-0.43-41.67%2.21%22.29%-1.85%
48
Neutral
$13.00M-137.09%247.62%-7.66%
46
Neutral
$8.76M
-94.07%52.36%
42
Neutral
$15.95M-101.52%77.78%84.08%
42
Neutral
$11.80M-102.18%85.26%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
PTNTD
Palatin Technologies
9.00
-65.50
-87.92%
IBIO
Ibio
0.84
-1.04
-55.32%
PHIO
Phio Pharmaceuticals
2.04
-0.73
-26.35%
BRTX
BioRestorative Therapies
1.60
0.14
9.59%
ADXN
Addex Therapeutics
8.30
-2.68
-24.41%
BOLT
Bolt Biotherapeutics
5.19
-7.44
-58.91%

Palatin Technologies Corporate Events

Executive/Board ChangesShareholder MeetingsStock Split
Palatin Technologies Stockholders Approve Key Governance Changes
Neutral
Jul 29, 2025

On July 25, 2025, Palatin Technologies held its annual meeting of stockholders to vote on several key issues, including the election of directors and an amendment to effect a reverse stock split. The stockholders approved the election of four directors and ratified the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending June 30, 2025. Additionally, they approved the issuance of shares upon the exercise of certain stock purchase warrants and an amendment to increase the number of shares available for equity awards. These decisions are expected to impact the company’s financial structure and governance, potentially affecting its market positioning and stakeholder interests.

The most recent analyst rating on (PTNT) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Palatin Technologies stock, see the PTNT Stock Forecast page.

Delistings and Listing Changes
Palatin Technologies Faces NYSE Delisting Proceedings
Negative
Jul 9, 2025

On July 7, 2025, Palatin Technologies received a notification from NYSE American LLC regarding the initiation of delisting proceedings for the company’s common stock. A hearing was held on June 18, 2025, and the decision to delist was affirmed by a Listing Qualifications Panel. Palatin Technologies plans to appeal this decision and is working to address the listing deficiencies before the full Committee for Review, expected in late August or September 2025.

The most recent analyst rating on (PTNT) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Palatin Technologies stock, see the PTNT Stock Forecast page.

Private Placements and Financing
Palatin Technologies Raises $340K in Private Placement
Neutral
Jun 13, 2025

On June 10, 2025, Palatin Technologies entered into a securities purchase agreement with accredited investors to sell Series D Convertible Preferred Stock and Series I common stock purchase warrants in a private placement, closing on June 13, 2025, raising $340,000 for working capital. The Preferred Stock, convertible into common stock, and warrants were sold at $0.11 per share, with key company executives participating as purchasers. The company plans to file a registration statement for resale of shares and warrants, impacting its financial strategy and shareholder structure.

The most recent analyst rating on (PTNT) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Palatin Technologies stock, see the PTNT 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: Aug 01, 2025