Phathom PharmaceuticalsPHAT
About: Phathom Pharmaceuticals Inc operates as a clinical-stage biopharmaceutical company. The firm is focused on developing and commercializing novel treatments for gastrointestinal, or GI, diseases. Its product comprises vonoprazan, an oral small-molecule potassium competitive acid blocker medicine that blocks acid secretion in the stomach. Vonoprazan shows rapid, potent, and durable anti-secretory effects and has demonstrated clinical benefits in the treatment of gastroesophageal reflux disease, and in combination with antibiotics for the treatment of Helicobacter pylori infection.
Employees: 427
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
37% more capital invested
Capital invested by funds: $401M [Q1] → $549M (+$148M) [Q2]
22% more call options, than puts
Call options by funds: $10M | Put options by funds: $8.26M
17% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 36
0% more funds holding in top 10
Funds holding in top 10: 6 [Q1] → 6 (+0) [Q2]
9.95% less ownership
Funds ownership: 91.94% [Q1] → 81.99% (-9.95%) [Q2]
17% less funds holding
Funds holding: 137 [Q1] → 114 (-23) [Q2]
53% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 36
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Craig-Hallum Chase Knickerbocker | 47%upside $17 | Buy Maintained | 9 Jun 2025 |
HC Wainwright & Co. Matthew Caufield | 73%upside $20 | Buy Reiterated | 9 Jun 2025 |
Needham Joseph Stringer | 142%upside $28 | Buy Maintained | 6 Jun 2025 |
Financial journalist opinion
Based on 8 articles about PHAT published over the past 30 days









