Overview
US biopharmaceutical firm's Q4 net loss narrowed, driven by lower R&D and personnel costs
Company reported positive Phase 1 data for lead oncology program PLN-101095
Cash and short-term investments expected to fund operations into second half of 2028
Result Drivers
As of December 31, 2025, the Company had cash, cash equivalents and short-term investments of $192.4 million
LOWER R&D EXPENSES - Decrease in research and development costs driven by discontinuation of BEACON-IPF program
WORKFORCE RESTRUCTURING - Reduced general and administrative expenses due to lower personnel-related costs from strategic restructuring
Company press release: ID:nGNX5DsyPx
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Net Income
-$23.58 mln
Q4 Operating Expenses
-$23.58 mln
Q4 Operating Income
-$23.58 mln
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the pharmaceuticals peer group is "buy."
Wall Street's median 12-month price target for Pliant Therapeutics Inc is $4.00, about 187.8% above its March 10 closing price of $1.39
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)