PHAT

Phathom Pharmaceuticals, Inc.

Nasdaq · Pharmaceutical Preparations · Inc. DE · CIK 0001783183
$10.37 +0.97% $827.1M
High Impact Filing (8/10)12 New Institutional Positions6 Institutional Exits
Vol
Market Cap$827.1M
Cap SizeSmall Cap
Analyst ConsensusStrong Buy (88%)
Inst. Holders50 funds
Inst. Value$300.1M
Inst. Activity12 buys / 6 sells
SEC Reports3
Press Releases2
Exchange Nasdaq·Sector Pharmaceutical Preparations·Inc. DE·CIK 0001783183·Prev Close $10.27

Recent Activity

Jun 2, 2026 short_volume
Short Volume: PHAT — 65.7% short (0.5M / 0.7M)
Short: 477,531 | Exempt: 328 | TRF Vol: 726,501 | Short Ratio: 65.7% | Off-exchange volume (dark poo
May 22, 2026 Insider
Parikh Asit gifted 28,000 shares
Director
May 20, 2026 Press
Phathom Pharmaceuticals announced the presentation of 31 vonoprazan-related abstracts at DDW 2026, including a Phathom-s
Impact 3/10
May 20, 2026 Insider
Parikh Asit acquired via exercise 17,500 shares
Director @ $4.95 ($86.6K)
May 20, 2026 Insider
Parikh Asit disposed of 17,500 shares
Director
May 1, 2026 Press
Phathom Pharmaceuticals announced its participation in the Digestive Disease Week (DDW) 2026 annual meeting, including a
Impact 1/10
Apr 30, 2026 SEC
Phathom reported Q1 2026 revenue of $58.3M (+104% YoY), beating the $56.8M consensus, but GAAP EPS of -$0.37 missed the
PRESS-RELEASE — Impact 5/10
Apr 7, 2026 SEC
Analysis based on filing metadata only — document content was unavailable
DEFA14A — Impact 3/10

Price Targets

$23.70 +128.5% upside Strong Buy
Current $10.37 Low $13.00 Median $25.50 High $29.00 10 analysts
$13.00 $29.00

Analyst Ratings

Strong Buy88% buy · 17 analysts
6Strong Buy
9Buy
2Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
Mar 27, 2026 Barclays UPGRADE Equal-Weight → Overweight
Feb 27, 2026 Guggenheim MAINTAIN Buy → Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $-0.10 ▼ -21.8% $-0.14 — $-0.06 88% YoY 3
Next Q $0.05 ▼ -13.5% $0.02 — $0.11 133% YoY 3
Current FY $-0.04 ▼ -445.1% $-0.13 — $0.09 98% YoY 3
Next FY $1.44 ▼ -6.8% $1.17 — $1.92 3370% YoY 3

Top Institutional Holders

FundValueMove
Invesco Ltd.$48.0M
BlackRock, Inc.$45.1M
Carlyle Group Inc.$38.8M
VANGUARD CAPITAL MANAGEMENT LLC$28.7M
STATE STREET CORP$15.4M

Recent Insider Trades

DateInsiderTypeValue
May 22, 2026Parikh AsitG$0.00
May 20, 2026Parikh AsitM$86.6K
May 20, 2026Parikh AsitD$0.00
May 19, 2026Parikh AsitA$0.00
May 19, 2026KARBE FRANKA$0.00
50 institutional holders with $300.1M total value (26,989,821 shares) as of 2026-Q1. Top holders: Invesco, BlackRock,, Carlyle. Net buying activity: 12 institutions added/increased vs 6 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1Invesco Ltd.4,322,060$48.0M16.0%
2BlackRock, Inc.4,061,996$45.1M15.0%
3Carlyle Group Inc.3,496,808$38.8M12.9%
4VANGUARD CAPITAL MANAGEMENT LLC2,583,636$28.7M9.6%
5STATE STREET CORP1,386,890$15.4M5.1%
6WASATCH ADVISORS LP1,340,916$14.9M5.0%
7NOMURA ASSET MANAGEMENT INTERNATIONAL INC.1,205,369$13.4M4.5%NEW
8FRANKLIN RESOURCES INC994,504$11.0M3.7%NEW
9MARSHALL WACE, LLP860,692$9.6M3.2%
10VANGUARD PORTFOLIO MANAGEMENT LLC666,029$7.4M2.5%
11GOLDMAN SACHS GROUP INC626,196$7.0M2.3%
12CITADEL ADVISORS LLC515,900$5.7M1.9%
13TWO SIGMA INVESTMENTS, LP482,136$5.4M1.8%
14CHARLES SCHWAB INVESTMENT MANAGEMENT INC409,015$4.5M1.5%
15CITADEL ADVISORS LLC383,058$4.3M1.4%
16Woodline Partners LP369,052$4.1M1.4%ADD +97.0%
17VANGUARD FIDUCIARY TRUST CO338,713$3.8M1.3%
18SUSQUEHANNA INTERNATIONAL GROUP, LLP323,800$3.6M1.2%
19RENAISSANCE TECHNOLOGIES LLC305,800$3.4M1.1%
20Trexquant Investment LP293,305$3.3M1.1%DOUBLED +114.4%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.NEW1,205,369$13.4M2026-Q1
FRANKLIN RESOURCES INCNEW994,504$11.0M2026-Q1
Woodline Partners LPADD187,291369,052+97.0%$4.1M2026-Q1
Trexquant Investment LPDOUBLED136,824293,305+114.4%$3.3M2026-Q1
AMERIPRISE FINANCIAL INCADD185,744254,219+36.9%$2.8M2026-Q1
BALYASNY ASSET MANAGEMENT L.P.TRIM207,08595,301-54.0%$1.1M2026-Q1
Brevan Howard Capital Management LPTRIM276,98994,638-65.8%$1.1M2026-Q1
Russell Investments Group, Ltd.DOUBLED6,64485,683+1189.6%$951.9K2026-Q1
MORGAN STANLEYTRIM117,78176,681-34.9%$851.9K2026-Q1
STATE OF WISCONSIN INVESTMENT BOARDDOUBLED15,28544,004+187.9%$488.9K2026-Q1
TUDOR INVESTMENT CORP ET ALADD28,55438,225+33.9%$424.7K2026-Q1
LOS ANGELES CAPITAL MANAGEMENT LLCTRIM33,42524,676-26.2%$274.1K2026-Q1
GROUP ONE TRADING LLCNEAR_EXIT103,68416,939-83.7%$188.2K2026-Q1
ExodusPoint Capital Management, LPTRIM22,40113,293-40.7%$147.7K2026-Q1
Rockefeller Capital Management L.P.DOUBLED1554,095+2541.9%$45.5K2026-Q1
NISA INVESTMENT ADVISORS, LLCDOUBLED5682,288+302.8%$25.4K2026-Q1
BNP Paribas Asset Management Holding S.A.ADD604889+47.2%$9.9K2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ADD37,07152,453+41.5%$583.002026-Q1
Brevan Howard Capital Management LPDOUBLED58,097276,989+376.8%$4.6M2025-Q4
BALYASNY ASSET MANAGEMENT L.P.TRIM295,161207,085-29.8%$3.4M2025-Q4
AMERIPRISE FINANCIAL INCTRIM554,590185,744-66.5%$3.1M2025-Q4
Trexquant Investment LPADD78,183136,824+75.0%$2.3M2025-Q4
MORGAN STANLEYTRIM255,573117,781-53.9%$2.0M2025-Q4
GROUP ONE TRADING LLCDOUBLED4,248103,684+2340.8%$1.7M2025-Q4
WELLS FARGO & COMPANY/MNADD53,64868,016+26.8%$1.1M2025-Q4
10 unique insiders with 16 transactions. Net insider value: $0.00 ($0.00 bought, $0.00 sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 22, 2026Parikh AsitDirectorGIFT28,000
May 20, 2026Parikh AsitDirectorEXERCISE17,500$4.95$86.6K
May 20, 2026Parikh AsitDirectorD17,500
May 19, 2026Parikh AsitDirectorAWARD24,122
May 19, 2026KARBE FRANKDirectorAWARD24,122
May 19, 2026Schroeder Theodore RDirectorAWARD24,122
May 19, 2026COLA MICHAEL FDirectorAWARD24,122
May 19, 2026Topper James NDirectorAWARD24,122
May 19, 2026Stenhouse MarkDirectorAWARD24,122
May 19, 2026FIELDS HEIDIDirectorAWARD24,122
Mar 10, 2026Parikh AsitDirectorGIFT40,000
Feb 27, 2026Breedlove Robert CharlesPrincipal Accounting OfficerAWARD13,000
Feb 10, 2026Cook Anne MarieChief Legal Off. & Corp. Sec.TAX W/H1,535$12.82$19.7K
Feb 10, 2026Cook Anne MarieChief Legal Off. & Corp. Sec.AWARD3,461
Feb 10, 2026Basta Steven LPresident and CEOTAX W/H6,277$12.82$80.5K
Feb 10, 2026Basta Steven LPresident and CEOAWARD12,362
Current analyst consensus: Strong Buy (88% buy). Based on 17 analysts: 6 strong buy, 9 buy, 2 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$23.70 mean target +128.5% upside Strong Buy (1.40)
$13.00 Low $29.00 High
MetricValue
Current Price$10.37
Target Low$13.00
Target Mean$23.70
Target Median$25.50
Target High$29.00
# Analysts10
RecommendationStrong Buy (1.40)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$-0.10 $-0.14 $-0.06 87.8% -21.8% 0↑ 3↓ $0.1B 87.3% 3
Next Q
2026-09-30
$0.05 $0.02 $0.11 132.9% -13.5% 1↑ 1↓ $0.1B 88.1% 3
Current FY
2026-12-31
$-0.04 $-0.13 $0.09 97.9% -445.1% 1↑ 1↓ $0.3B 90.8% 3
Next FY
2027-12-31
$1.44 $1.17 $1.92 3370.5% -6.8% 1↑ 2↓ $0.5B 61.6% 3

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$-0.097
7d ago$-0.089-0.008
30d ago$-0.079-0.017
60d ago$-0.075-0.022
90d ago$-0.153+0.057
2 analyst firms have rated this stock: 1 upgrades, 0 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Mar 27, 2026 Barclays UPGRADE Equal-Weight Overweight
Feb 27, 2026 Guggenheim MAINTAIN Buy Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20266920088%
May 1, 20266920088%
Apr 1, 20266920088%
Mar 1, 20266830082%
Feb 1, 20266830082%
Jan 1, 20266820088%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

Jun 2, 2026
short_volume
Short Volume: PHAT — 65.7% short (0.5M / 0.7M)
Short: 477,531 | Exempt: 328 | TRF Vol: 726,501 | Short Ratio: 65.7% | Off-exchange volume (dark pool + OTC)
Jun 1, 2026
short_volume
Short Volume: PHAT — 55.3% short (0.3M / 0.6M)
Short: 344,018 | Exempt: 0 | TRF Vol: 622,486 | Short Ratio: 55.3% | Off-exchange volume (dark pool + OTC)
May 22, 2026
other
Phathom Pharmaceuticals to Participate in Upcoming Investor Conferences
<p>FLORHAM PARK, N.J., May 22, 2026 (GLOBE NEWSWIRE) -- Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a biopharmaceutical company focused on commerc
May 20, 2026
fda
Phathom Pharmaceuticals Highlights Breadth of Independent Vonoprazan Research at Digestive Disease Week 2026 Annual Meeting
<p>FLORHAM PARK, N.J., May 20, 2026 (GLOBE NEWSWIRE) -- Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a biopharmaceutical company focused on commerc
May 18, 2026
short_volume
Short Volume: PHAT — 68.5% short (0.4M / 0.5M)
Short: 361,353 | Exempt: 0 | TRF Vol: 527,201 | Short Ratio: 68.5% | Off-exchange volume (dark pool + OTC)
May 13, 2026
short_interest
FTD: PHAT — 67,069 shares ($0.8M) failed to deliver
Settlement: 20260513, Price: $12.53, FTD Value: $840,374.57, PHATHOM PHARMACEUTICALS INC CO
May 5, 2026
short_interest
FTD: PHAT — 61,091 shares ($0.8M) failed to deliver
Settlement: 20260505, Price: $12.87, FTD Value: $786,241.17, PHATHOM PHARMACEUTICALS INC CO
May 4, 2026
short_volume
Short Volume: PHAT — 62.6% short (0.5M / 0.7M)
Short: 451,661 | Exempt: 1,889 | TRF Vol: 721,165 | Short Ratio: 62.6% | Off-exchange volume (dark pool + OTC)
May 1, 2026
fda
Phathom Pharmaceuticals to Highlight VOQUEZNA® (vonoprazan) at DDW 2026 Annual Meeting
<p>FLORHAM PARK, N.J., May 01, 2026 (GLOBE NEWSWIRE) -- Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a biopharmaceutical company focused on commerc
May 1, 2026
short_interest
FTD: PHAT — 52,026 shares ($0.6M) failed to deliver
Settlement: 20260501, Price: $11.20, FTD Value: $582,691.2, PHATHOM PHARMACEUTICALS INC CO
Apr 30, 2026
earnings
Phathom Pharmaceuticals Reports First Quarter 2026 Financial Results and Provides Business Update
<p>FLORHAM PARK, N.J., April 30, 2026 (GLOBE NEWSWIRE) -- Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a biopharmaceutical company focused on comme
Apr 30, 2026
short_interest
FTD: PHAT — 92,995 shares ($1.1M) failed to deliver
Settlement: 20260430, Price: $11.78, FTD Value: $1,095,481.1, PHATHOM PHARMACEUTICALS INC CO
Apr 30, 2026
earnings_calendar
PHAT Q1 2026 Earnings Scheduled — 2026-04-30
Apr 30, 2026
short_volume
Short Volume: PHAT — 72.1% short (1.3M / 1.8M)
Short: 1,299,370 | Exempt: 39,507 | TRF Vol: 1,801,834 | Short Ratio: 72.1% | Off-exchange volume (dark pool + OTC)
Apr 29, 2026
short_volume
Short Volume: PHAT — 69.1% short (1.0M / 1.4M)
Short: 968,234 | Exempt: 0 | TRF Vol: 1,400,246 | Short Ratio: 69.1% | Off-exchange volume (dark pool + OTC)
Feb 24, 2026
Clinical Trial
Banxiaxiexin Decoction Combined With Vonoprazan-Amoxicillin Dual Therapy in H. Pylori Eradication
Phase Phase 3 — COMPLETED