RAPT Chart
About

RAPT Therapeutics, Inc. operates as a clinical-stage immunology-based biopharmaceutical company that focuses on the discovery, development, and commercialization of oral small molecule therapies for patients with unmet needs in oncology and inflammatory diseases in the United States. The company's lead inflammation drug candidate is zelnecirnon (RPT193), a C-C motif chemokine receptor 4 (CCR4) antagonist that selectively inhibit the migration of type 2 T helper cells into inflamed tissues. Its lead oncology drug candidate is tivumecirnon (FLX475), an oral small molecule CCR4 antagonist that is in the Phase 1/2 clinical trial to investigate as a monotherapy and in combination with pembrolizumab in patients with advanced cancer. The company was formerly known as FLX Bio, Inc. and changed its name to RAPT Therapeutics, Inc. in May 2019. RAPT Therapeutics, Inc. was incorporated in 2015 and is based in South San Francisco, California. RAPT Therapeutics, Inc. is a subsidiary of Bristol-Myers Squibb Company.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 1.68B
Enterprise Value 1.45B Income -105.64M Sales —
Book/sh 9.02 Cash/sh 5.68 Dividend Yield —
Payout 0.00% Employees 60 IPO —
P/E — Forward P/E -18.66 PEG —
P/S — P/B 6.42 P/C —
EV/EBITDA -12.99 EV/Sales — Quick Ratio 11.76
Current Ratio 12.04 Debt/Eq 1.71 LT Debt/Eq —
EPS (ttm) -11.66 EPS next Y -3.10 EPS Growth —
Revenue Growth — Earnings 2026-03-05 ROA -51.35%
ROE -85.37% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 28.96M
Shs Float 16.85M Short Float 12.36% Short Ratio 1.26
Short Interest — 52W High 57.98 52W Low 5.66
Beta 0.49 Avg Volume 2.37M Volume 1.00M
Target Price $58.00 Recom Hold Prev Close $57.93
Price $57.93 Change 0.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$58.00
Mean price target
2. Current target
$57.93
Latest analyst target
3. DCF / Fair value
$-28.83
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$57.93
Low
$58.00
High
$58.00
Mean
$58.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-21 down Barclays Overweight → Equal-Weight $58
2026-01-21 down Leerink Partners Outperform → Market Perform $58
2026-01-20 down Wells Fargo Overweight → Equal-Weight $58
2026-01-20 down LifeSci Capital Outperform → Market Perform —
2026-01-20 down TD Cowen Buy → Hold —
2026-01-20 down HC Wainwright & Co. Buy → Neutral $58
2026-01-20 down Clear Street Buy → Hold $58
2025-12-18 init TD Cowen — → Buy —
2025-11-12 main JP Morgan Overweight → Overweight $57
2025-11-07 main Barclays Overweight → Overweight $56
2025-11-03 main Wells Fargo Overweight → Overweight $72
2025-10-27 main HC Wainwright & Co. Buy → Buy $72
2025-10-27 init Guggenheim — → Buy $70
2025-10-21 main Wells Fargo Overweight → Overweight $48
2025-10-21 main Barclays Overweight → Overweight $58
2025-10-21 main Clear Street Buy → Buy $60
2025-10-20 up JP Morgan Neutral → Overweight $55
2025-10-13 init Barclays — → Overweight $35
2025-09-30 main Clear Street Buy → Buy $41
2025-09-26 up Leerink Partners Market Perform → Outperform $37
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 4956 — — Stock Award(Grant) at price 0.00 per share. GRAY MARY ANN Director — 2026-01-30 00:00:00 D
1 4956 — — Stock Award(Grant) at price 0.00 per share. DOMBKOWSKI ASHLEY L Director — 2026-01-30 00:00:00 D
2 4956 — — Stock Award(Grant) at price 0.00 per share. BRAUNSTEIN SCOTT N. Director — 2026-01-30 00:00:00 D
3 4956 — — Stock Award(Grant) at price 0.00 per share. LYONS-WILLIAMS LORI Director — 2026-01-30 00:00:00 D
4 4956 — — Stock Award(Grant) at price 0.00 per share. GIORDANO MICHAEL F Director — 2026-01-30 00:00:00 D
5 4956 — — Stock Award(Grant) at price 0.00 per share. KOZICK LINDA Director — 2026-01-30 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-134.90M-125.85M-84.75M-68.21M
NetIncomeFromContinuingOperationNetMinorityInterest-129.87M-116.80M-83.84M-69.20M
ReconciledDepreciation1.20M1.22M1.05M996.00K
EBITDA-134.90M-125.85M-84.75M-68.21M
EBIT-136.10M-127.06M-85.80M-69.21M
NormalizedIncome-129.87M-116.80M-83.84M-69.20M
NetIncomeFromContinuingAndDiscontinuedOperation-129.87M-116.80M-83.84M-69.20M
TotalExpenses136.10M127.06M87.32M73.02M
TotalOperatingIncomeAsReported-136.10M-127.06M-85.80M-69.21M
DilutedAverageShares5.10M4.79M4.07M3.42M
BasicAverageShares5.10M4.79M4.07M3.42M
DilutedEPS-25.52-24.40-20.64-20.24
BasicEPS-25.52-24.40-20.64-20.24
DilutedNIAvailtoComStockholders-129.87M-116.80M-83.84M-69.20M
NetIncomeCommonStockholders-129.87M-116.80M-83.84M-69.20M
NetIncome-129.87M-116.80M-83.84M-69.20M
NetIncomeIncludingNoncontrollingInterests-129.87M-116.80M-83.84M-69.20M
NetIncomeContinuousOperations-129.87M-116.80M-83.84M-69.20M
TaxProvision0.00
PretaxIncome-129.87M-116.80M-83.84M-69.20M
OtherIncomeExpense6.24M10.26M1.96M5.00K
OtherNonOperatingIncomeExpenses6.24M10.26M1.96M5.00K
OperatingIncome-136.10M-127.06M-85.80M-69.21M
OperatingExpense136.10M127.06M87.32M73.02M
ResearchAndDevelopment107.22M101.00M67.08M56.98M
SellingGeneralAndAdministration28.88M26.06M20.24M16.04M
GeneralAndAdministrativeExpense28.88M26.06M20.24M16.04M
OtherGandA28.88M26.06M20.24M16.04M
TotalRevenue0.000.001.53M3.81M
OperatingRevenue0.000.001.53M3.81M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber16.50M4.30M4.28M3.69M
ShareIssued16.50M4.30M4.28M3.69M
TotalDebt4.49M6.91M8.99M0.00
TangibleBookValue189.90M147.03M245.17M186.38M
InvestedCapital189.90M147.03M245.17M186.38M
WorkingCapital186.88M139.95M238.47M183.38M
NetTangibleAssets189.90M147.03M245.17M186.38M
CapitalLeaseObligations4.49M6.91M8.99M0.00
CommonStockEquity189.90M147.03M245.17M186.38M
TotalCapitalization189.90M147.03M245.17M186.38M
TotalEquityGrossMinorityInterest189.90M147.03M245.17M186.38M
StockholdersEquity189.90M147.03M245.17M186.38M
GainsLossesNotAffectingRetainedEarnings50.00K103.00K-26.00K-206.00K
OtherEquityAdjustments50.00K103.00K-26.00K-206.00K
RetainedEarnings-614.55M-484.68M-367.88M-284.05M
AdditionalPaidInCapital804.39M631.61M613.07M470.63M
CapitalStock13.00K3.00K3.00K3.00K
CommonStock13.00K3.00K3.00K3.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest50.42M26.29M21.04M12.26M
TotalNonCurrentLiabilitiesNetMinorityInterest2.07M4.46M6.82M2.66M
NonCurrentDeferredLiabilities0.002.66M
NonCurrentDeferredRevenue0.00511.00K
LongTermDebtAndCapitalLeaseObligation2.07M4.46M6.82M0.00
LongTermCapitalLeaseObligation2.07M4.46M6.82M0.00
CurrentLiabilities48.35M21.84M14.22M9.60M
OtherCurrentLiabilities57.00K109.00K32.00K254.00K
CurrentDeferredLiabilities0.001.02M
CurrentDeferredRevenue0.001.02M
CurrentDebtAndCapitalLeaseObligation2.42M2.45M2.17M
CurrentCapitalLeaseObligation2.42M2.45M2.17M0.00
PensionandOtherPostRetirementBenefitPlansCurrent6.72M6.30M4.62M3.65M
PayablesAndAccruedExpenses39.15M12.98M7.40M4.67M
CurrentAccruedExpenses2.87M7.80M4.04M2.67M
Payables36.27M5.18M3.37M2.00M
OtherPayable35.00M
AccountsPayable1.27M5.18M3.37M2.00M
TotalAssets240.32M173.33M266.21M198.64M
TotalNonCurrentAssets5.09M11.55M13.52M5.66M
OtherNonCurrentAssets389.00K3.87M4.04M2.92M
NetPPE4.70M7.68M9.48M2.74M
AccumulatedDepreciation-10.08M-9.37M-8.25M-7.68M
GrossPPE14.78M17.04M17.73M10.43M
Leases3.29M3.29M3.29M3.29M
OtherProperties10.37M12.63M13.50M6.29M
MachineryFurnitureEquipment1.12M1.12M935.00K839.00K
Properties0.000.000.000.00
CurrentAssets235.24M161.78M252.69M192.97M
OtherCurrentAssets4.18M2.92M3.63M3.32M
PrepaidAssets3.32M
CashCashEquivalentsAndShortTermInvestments231.06M158.86M249.07M189.65M
OtherShortTermInvestments61.32M111.38M210.12M165.63M
CashAndCashEquivalents169.74M47.48M38.95M24.03M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-83.42M-98.17M-71.62M-61.78M
IssuanceOfCapitalStock152.01M0.00129.79M139.46M
CapitalExpenditure-122.00K-1.12M-845.00K-755.00K
IncomeTaxPaidSupplementalData0.00
EndCashPosition169.74M47.48M38.95M24.03M
BeginningCashPosition47.48M38.95M24.03M24.92M
ChangesInCash122.26M8.53M14.92M-891.00K
FinancingCashFlow152.85M1.45M131.18M141.48M
CashFlowFromContinuingFinancingActivities152.85M1.45M131.18M141.48M
ProceedsFromStockOptionExercised845.00K1.45M1.39M2.02M
NetCommonStockIssuance152.01M0.00129.79M139.46M
CommonStockIssuance152.01M0.00129.79M139.46M
InvestingCashFlow52.70M104.13M-45.49M-81.35M
CashFlowFromContinuingInvestingActivities52.70M104.13M-45.49M-81.35M
NetInvestmentPurchaseAndSale52.82M105.26M-44.65M-80.59M
SaleOfInvestment135.04M266.75M146.21M84.39M
PurchaseOfInvestment-82.22M-161.50M-190.86M-164.98M
NetPPEPurchaseAndSale-122.00K-1.12M-845.00K-755.00K
SaleOfPPE0.000.00
PurchaseOfPPE-122.00K-1.12M-845.00K-755.00K
OperatingCashFlow-83.30M-97.05M-70.77M-61.03M
CashFlowFromContinuingOperatingActivities-83.30M-97.05M-70.77M-61.03M
ChangeInWorkingCapital25.91M5.50M-1.33M-4.30M
ChangeInOtherWorkingCapital-1.53M-3.47M
ChangeInOtherCurrentLiabilities-2.85M-2.71M-2.10M0.00
ChangeInPayablesAndAccruedExpense26.54M7.33M3.71M933.00K
ChangeInPayable26.54M7.33M3.71M933.00K
ChangeInAccountPayable-8.46M7.33M3.71M933.00K
ChangeInPrepaidAssets2.22M871.00K-1.42M-1.76M
OtherNonCashItems2.34M2.33M1.76M
StockBasedCompensation19.93M17.09M11.26M9.95M
AmortizationOfSecurities-2.81M-5.74M-296.00K1.27M
DepreciationAmortizationDepletion1.20M1.22M1.05M996.00K
DepreciationAndAmortization1.20M1.22M1.05M996.00K
OperatingGainsLosses-655.00K627.00K258.00K
NetForeignCurrencyExchangeGainLoss0.00-655.00K627.00K258.00K
GainLossOnSaleOfPPE0.00
NetIncomeFromContinuingOperations-129.87M-116.80M-83.84M-69.20M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for RAPT
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