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PTC Therapeutics, Inc.
NASDAQ: PTCT Healthcare Pharma 🔎 Screen
$5.4B
Market Cap
9.8
P/E
PEG
55.0%
ROCE
N/M
ROE
-13.19
D/E
49.5%
OPM
-26.2%
% from 52W High
50
α RS
🔍 PTCT is showing a high-conviction setup because it matches 11 of 39 tracked screener presets, Sector RRG has Technology in the Leading quadrant with the trail still rolling over, and coffee_can preset's Backtest win rate is 55.9% over 90 days. Net: Broad signal stack, not a recommendation. ? Conviction RRG Backtest
Sources
Conviction 11/39 · Technology in Leading quadrant · Backtest win rate 55.9%
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🌏 Global Investor Returns
Currency-adjusted total returns for PTCT including FX impact
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

PTC Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines to children and adults living with rare disorders in the United States and internationally. The company provides Translarna and Emflaza for the treatment of Duchenne muscular dystrophy; Upstaza to treat aromatic l-amino acid decarboxylas (AADC) deficiency, a central nervous system disorder; Tegsedi and Waylivra for the treatment of rare diseases; and Evrysdi to treat spinal muscular atrophy (SMA) in adults and children. Its development pipeline products include Sepiapterin for the treatment of phenylketonuria; PTC518 splicing platform, which is being developed for the treatment of Huntington’s disease; and inflammation and ferroptosis platforms, including vatiquinone to treat Friedreich’s ataxia. The company distributes its products through third-party distributors. It has collaborations with F. Hoffman-La Roche Ltd., Hoffman-La Roche Inc., the SMA Foundation, National Taiwan University, Akcea Therapeutics, Inc., and Shiratori Pharmaceutical Co., Ltd. The company has license and collaboration agreement with Novartis Pharmaceuticals Corporation to develop PTC518 Huntington's disease program. It markets Upstaza, a gene therapy with the brand name Kebilidi in the United States. PTC Therapeutics, Inc. was incorporated in 1998 and is headquartered in Warren, New Jersey.

Key Ratios Snapshot
📈 Growth Pattern
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⭐ Superinvestors Holding PTCT
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 533.3K $36.3M 0.06% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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📊 MIXED PTC Therapeutics reports record Q1 2026 product revenue of $226M, led by Sephience launch.
Revenue & Profitability
First quarter 2026 total revenue was $273M, with net product revenue of $226M (compared to $153M in Q1 2025, a 47% increase). Sephience contributed $125M, DMD franchise $81M (Translarna $59M, EMFLAZA $22M), and royalty revenue $47M. Non-GAAP R&D expense was $90M, non-GAAP SG&A expense was $74M. Cash, cash equivalents, and marketable securities totaled $1.89B as of March 31, 2026.
Outlook
Management is confident in sustained momentum for Sephience, driven by broad adoption across all patient segments and accelerating international growth. They raised full-year product revenue guidance to $750M-$850M and total revenue to $1.08B-$1.18B. Tailwinds include strong payer coverage (two-thirds of U.S. population), social media awareness, and positive real-world evidence. Headwinds include generic erosion for EMFLAZA (10 generics) and uncertainty around Translarna's European business without a license.
Growth Drivers
The primary growth driver is Sephience's global launch, with U.S. patient start forms averaging 140 per month and first-quarter global revenue of $125M (up 36% QoQ). International growth is accelerating via commercial sales and paid early access programs, with Japan starting ahead of schedule and up to 30 countries targeted by year-end. Pipeline growth drivers include the phase III INVEST-HD study (votoplam), a planned vatiquinone FA study, and the initiation of PTC612 (NLRP3 inhibitor) phase I in Q2 2026.
Balance Sheet & CapEx
Not discussed in this earnings call.
Margins
Not discussed in this earnings call.
Key Risks
Key risks include the Translarna European business lacking a license (longevity uncertain), continued EMFLAZA generic erosion, and reliance on Sephience for near-term growth. Clinical trial risks exist for vatiquinone (new study design) and other pipeline programs. Payer dynamics remain favorable, but prior authorization delays and step edits are monitored. The company also highlighted execution risk in managing a global launch across multiple countries with different access systems.
Generated by AI · Q1 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-30
Record Q2 revenue and strong Sephience launch drove raised 2026 guidance, with global expansion and high adherence rates supporting confidence in multi-billion dollar opportunity. Pipeline progress and robust cash position further strengthen outlook.
Q1 2026 Q1 2026 2026-05-07
Record Q1 revenue driven by Sephience's strong global launch led to raised 2026 guidance. U.S. remains the main growth driver, with international expansion accelerating and robust payer coverage supporting broad adoption.
Q4 2025 Q4 2025 2026-02-19
Sephience's global launch drove strong 2025 revenue, exceeding guidance and establishing broad market uptake. Robust cash reserves and disciplined spending position the company for 2026 growth, with international expansion and R&D progress expected to further boost performance.
Q3 2025 Q3 2025 2025-11-04
Third quarter revenue reached $211 million, led by the strong global launch of Sephience, which generated $19.6 million and saw broad uptake across all PKU patient segments. Full-year revenue guidance was narrowed to $750–$800 million, and the company ended the quarter with $1.68 billion in cash.
Q2 2025 Q2 2025 2025-08-07
Q2 2025 saw $179M in revenue, driven by DMD franchise and the launch of SEPHIENCE for PKU, now approved in the EU and U.S. SEPHIENCE is expected to be a major growth driver, with global launches underway and strong payer and provider feedback. Cash reserves remain robust at $1.99B.
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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
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Information Sources:
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