Biopharmaceutical firm VistaGen's fiscal Q2 net loss widens

Vistagen Therapeutics

13/11/2025 21:38

Overview

VistaGen fiscal Q2 net loss widens to $19.4 mln from $13.0 mln year-over-year

R&D expenses increased to $15.9 mln, driven by PALISADE Program costs

Company expects PALISADE-3 Phase 3 trial results by year-end

Outlook

VistaGen expects PALISADE-3 trial results by year-end 2025

PALISADE-4 trial results anticipated in H1 2026

Result Drivers

R&D EXPENSES - Increase in R&D expenses driven by higher research, development, and contract manufacturing costs for PALISADE Program

PHASE 3 TRIALS - Completion of randomized portion of PALISADE-3 Phase 3 trial for social anxiety disorder; results expected by year-end

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
-$0.54
Q2 Net Income
-$19.42 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the biotechnology & medical research peer group is "buy."

Wall Street's median 12-month price target for Vistagen Therapeutics Inc is $13.50, about 69.9% above its November 12 closing price of $4.07

Press Release: ID:nBwdKPMqa

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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.)