URGN Chart
About

UroGen Pharma Ltd., a biotechnology company, engages in the development and commercialization of solutions for urothelial and specialty cancers. It offers RTGel, a novel proprietary polymeric biocompatible, reverse thermal gelation hydrogel technology; Mitomycin a generic drug used off-label as an adjuvant chemotherapy for the treatment of low-grade NMIBC after trans-urethral resection of bladder tumor; Zusduri, a sustained-release formulation of mitomycin for the treatment of non-muscle invasive bladder cancer (NMIBC); and Jelmyto for pyelocalyceal solutions. The company's lead product candidates are UGN-103, which is in phase 3 of clinical trial for intravesical solution; and UGN-104 that is in phase 3 of clinical trial for pyelocalyceal solution designed for the treatment of several forms of non-muscle invasive urothelial cancer that include low-grade upper tract urothelial cancer and low-grade intermediate risk NMIBC. It is also developing UGN-301, UGN-301+UGN 201, and UGN-301+gemcitabine that are in phase 1 of clinical trial for the treatment of high-grade NMIBC. The company has license agreement with Agenus Inc. to develop, make, use, sell, import, and commercialize products of Agenus for the treatment of cancers of the urinary tract via intravesical delivery; and licensing and supply agreement with medac Gesellschaft für klinische Spezialpräparate m.b.H. to develop UGN-103 and UGN-104. UroGen Pharma Ltd. was incorporated in 2004 and is headquartered in Princeton, New Jersey.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 911.82M
Enterprise Value 921.45M Income -153.49M Sales 109.79M
Book/sh -2.18 Cash/sh 2.47 Dividend Yield
Payout 0.00% Employees 291 IPO
P/E Forward P/E 20.30 PEG
P/S 8.31 P/B -8.59 P/C
EV/EBITDA -7.40 EV/Sales 8.39 Quick Ratio 3.31
Current Ratio 4.01 Debt/Eq LT Debt/Eq
EPS (ttm) -3.19 EPS next Y 0.92 EPS Growth
Revenue Growth 54.00% Earnings 2026-05-12 ROA -32.10%
ROE ROIC Gross Margin 88.66%
Oper. Margin -50.52% Profit Margin -139.81% Shs Outstand 48.68M
Shs Float 38.66M Short Float 16.72% Short Ratio 11.79
Short Interest 52W High 30.00 52W Low 3.42
Beta 1.37 Avg Volume 760.81K Volume 755.85K
Target Price $35.62 Recom Strong_buy Prev Close $18.44
Price $18.73 Change 1.57%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$35.63
Mean price target
2. Current target
$18.73
Latest analyst target
3. DCF / Fair value
$-36.76
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$18.73
Low
$16.00
High
$55.00
Mean
$35.63

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-02 main D. Boral Capital Buy → Buy $33
2026-01-23 main D. Boral Capital Buy → Buy $33
2026-01-05 main D. Boral Capital Buy → Buy $33
2025-10-27 reit HC Wainwright & Co. Buy → Buy $40
2025-10-27 main D. Boral Capital Buy → Buy $25
2025-10-03 main D. Boral Capital Buy → Buy $25
2025-08-19 init Piper Sandler — → Overweight $36
2025-08-11 main HC Wainwright & Co. Buy → Buy $40
2025-08-07 main D. Boral Capital Buy → Buy $25
2025-08-05 main D. Boral Capital Buy → Buy $25
2025-07-08 reit HC Wainwright & Co. Buy → Buy $50
2025-07-07 main D. Boral Capital Buy → Buy $25
2025-06-16 up HC Wainwright & Co. Neutral → Buy $50
2025-06-13 main Scotiabank Sector Outperform → Sector Outperform $47
2025-06-13 main Guggenheim Buy → Buy $30
2025-06-13 main Oppenheimer Outperform → Outperform $31
2025-06-12 main D. Boral Capital Buy → Buy $25
2025-06-03 main Oppenheimer Outperform → Outperform $10
2025-05-23 main Guggenheim Buy → Buy $15
2025-05-22 main Goldman Sachs Neutral → Neutral $3
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 7373 145174.0 Sale at price 19.69 per share. SCHOENBERG MARK Officer 2026-02-03 00:00:00 D
1 7479 147262.0 Sale at price 19.69 per share. SMITH JASON DREW General Counsel 2026-02-03 00:00:00 D
2 13333 nan SCHOENBERG MARK Officer 2026-01-30 00:00:00 D
3 15500 nan SMITH JASON DREW General Counsel 2026-01-30 00:00:00 D
4 2000 nan BUTITTA CYNTHIA M Director 2025-11-26 00:00:00 D
5 2000 nan ROBINSON JAMES A JR. Director 2025-11-26 00:00:00 D
6 2000 nan HOLDEN STUART M.D. Director 2025-11-26 00:00:00 D
7 2000 nan WEN LEANA Director 2025-11-26 00:00:00 D
8 2000 nan WILDMAN DANIEL GEORGE Director 2025-11-26 00:00:00 D
9 10000 250000.0 Sale at price 25.00 per share. SCHOENBERG MARK Officer 2025-11-19 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.210.210.210.21
NormalizedEBITDA-135.66M-110.33M-81.90M-97.77M
TotalUnusualItems-23.41M-21.55M-21.56M-17.29M
TotalUnusualItemsExcludingGoodwill-23.41M-21.55M-21.56M-17.29M
NetIncomeFromContinuingOperationNetMinorityInterest-153.49M-126.87M-102.24M-109.78M
ReconciledDepreciation2.41M1.19M1.71M1.82M
ReconciledCostOfRevenue12.45M8.88M9.36M7.65M
EBITDA-135.66M-110.33M-81.90M-97.77M
EBIT-138.07M-111.52M-83.61M-99.59M
NetInterestIncome-27.88M-27.03M-33.63M-29.06M
InterestExpense15.35M12.52M14.71M8.44M
InterestIncome5.96M8.90M2.64M938.00K
NormalizedIncome-153.49M-126.87M-102.24M-109.78M
NetIncomeFromContinuingAndDiscontinuedOperation-153.49M-126.87M-102.24M-109.78M
TotalExpenses234.65M187.18M148.25M143.40M
TotalOperatingIncomeAsReported-124.86M-96.78M-65.54M-79.04M
DilutedAverageShares48.12M42.88M28.83M22.81M
BasicAverageShares48.12M42.88M28.83M22.81M
DilutedEPS-3.19-2.96-3.55-4.79
BasicEPS-3.19-2.96-3.55-4.79
DilutedNIAvailtoComStockholders-153.49M-126.87M-102.24M-109.78M
NetIncomeCommonStockholders-153.49M-126.87M-102.24M-109.78M
NetIncome-153.49M-126.87M-102.24M-109.78M
NetIncomeIncludingNoncontrollingInterests-153.49M-126.87M-102.24M-109.78M
NetIncomeContinuousOperations-153.49M-126.87M-102.24M-109.78M
TaxProvision78.00K2.83M3.92M1.75M
PretaxIncome-153.42M-124.04M-98.32M-108.03M
OtherIncomeExpense-670.00K-229.00K838.00K72.00K
OtherNonOperatingIncomeExpenses-670.00K-229.00K838.00K72.00K
GainOnSaleOfSecurity-23.41M-21.55M-21.56M-17.29M
NetNonOperatingInterestIncomeExpense-27.88M-27.03M-33.63M-29.06M
TotalOtherFinanceCost18.50M23.41M21.55M21.56M
InterestExpenseNonOperating15.35M12.52M14.71M8.44M
InterestIncomeNonOperating5.96M8.90M2.64M938.00K
OperatingIncome-124.86M-96.78M-65.54M-79.04M
OperatingExpense222.20M178.30M138.89M135.74M
ResearchAndDevelopment67.11M57.15M45.61M52.91M
SellingGeneralAndAdministration155.10M121.15M93.27M82.84M
GrossProfit97.34M81.52M73.35M56.70M
CostOfRevenue12.45M8.88M9.36M7.65M
TotalRevenue109.79M90.40M82.71M64.36M
OperatingRevenue109.79M90.40M82.71M64.36M
Line Item2025-12-312024-12-312023-12-312022-12-31
OrdinarySharesNumber48.35M42.23M32.49M23.13M
ShareIssued48.35M42.23M32.49M23.13M
NetDebt11.46M3.55M42.13M
TotalDebt128.33M123.39M99.39M99.12M
TangibleBookValue-105.47M-8.80M-65.21M-89.36M
InvestedCapital16.74M112.93M33.34M8.18M
WorkingCapital139.61M230.19M137.97M104.99M
NetTangibleAssets-105.47M-8.80M-65.21M-89.36M
CapitalLeaseObligations6.12M1.65M844.00K1.59M
CommonStockEquity-105.47M-8.80M-65.21M-89.36M
TotalCapitalization16.74M112.93M33.34M8.18M
TotalEquityGrossMinorityInterest-105.47M-8.80M-65.21M-89.36M
StockholdersEquity-105.47M-8.80M-65.21M-89.36M
GainsLossesNotAffectingRetainedEarnings19.00K56.00K12.00K-107.00K
OtherEquityAdjustments19.00K56.00K12.00K-107.00K
RetainedEarnings-959.72M-806.22M-679.35M-577.10M
AdditionalPaidInCapital854.09M797.25M614.03M487.79M
CapitalStock133.00K115.00K89.00K63.00K
CommonStock133.00K115.00K89.00K63.00K
TotalLiabilitiesNetMinorityInterest305.93M294.51M243.52M224.98M
TotalNonCurrentLiabilitiesNetMinorityInterest259.51M248.56M212.31M201.06M
OtherNonCurrentLiabilities98.92M85.71M
DerivativeProductLiabilities127.28M121.39M109.72M98.92M
TradeandOtherPayablesNonCurrent3.90M3.79M3.19M3.02M
NonCurrentDeferredLiabilities3.02M2.84M
NonCurrentDeferredTaxesLiabilities3.02M2.84M
LongTermDebtAndCapitalLeaseObligation128.33M123.39M99.39M99.12M
LongTermCapitalLeaseObligation6.12M1.65M844.00K1.59M
LongTermDebt122.21M121.73M98.55M97.54M
CurrentLiabilities46.42M45.95M31.21M23.92M
OtherCurrentLiabilities5.18M7.95M3.86M3.28M
PensionandOtherPostRetirementBenefitPlansCurrent13.52M10.57M10.81M8.26M
PayablesAndAccruedExpenses27.72M27.43M16.54M12.38M
CurrentAccruedExpenses15.58M16.50M10.02M6.86M
Payables12.14M10.93M6.51M5.53M
AccountsPayable12.14M10.93M6.51M5.53M
TotalAssets200.46M285.71M178.31M135.62M
TotalNonCurrentAssets14.43M9.58M9.12M6.71M
OtherNonCurrentAssets5.34M765.00K2.26M2.96M
InvestmentsAndAdvances0.005.02M4.50M0.00
InvestmentinFinancialAssets0.005.02M4.50M0.00
AvailableForSaleSecurities5.02M4.50M675.00K
NetPPE9.09M3.79M2.36M3.75M
AccumulatedDepreciation-4.59M-4.28M-3.95M-3.15M
GrossPPE13.68M8.07M6.31M6.90M
Leases626.00K626.00K617.00K617.00K
OtherProperties9.64M4.29M2.79M3.51M
MachineryFurnitureEquipment3.41M3.15M2.90M2.77M
Properties0.000.000.000.00
CurrentAssets186.02M276.13M169.19M128.91M
OtherCurrentAssets14.67M8.85M10.28M11.10M
RestrictedCash1.35M1.08M821.00K813.00K
PrepaidAssets7.48M
Inventory16.46M9.23M5.67M4.33M
OtherInventories-19.00K32.00K30.00K-20.00K
FinishedGoods5.42M4.52M2.88M2.02M
RawMaterials11.04M4.72M2.76M2.28M
Receivables33.08M20.30M15.44M12.70M
AccountsReceivable33.08M20.30M15.44M12.70M
CashCashEquivalentsAndShortTermInvestments120.46M236.69M136.97M99.96M
OtherShortTermInvestments9.71M64.70M41.97M44.56M
CashAndCashEquivalents110.75M171.99M95.00M55.41M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow-162.73M-97.06M-76.57M-87.81M
RepaymentOfDebt-1.85M0.00
IssuanceOfDebt0.0024.49M0.0095.78M
IssuanceOfCapitalStock39.80M151.17M67.36M0.00
CapitalExpenditure-289.00K-295.00K-194.00K-254.00K
EndCashPosition112.09M173.06M95.82M56.22M
BeginningCashPosition173.06M95.82M56.22M45.59M
ChangesInCash-60.97M77.24M39.60M10.63M
FinancingCashFlow39.92M194.62M116.93M97.13M
CashFlowFromContinuingFinancingActivities39.92M194.62M116.93M97.13M
NetOtherFinancingCharges-160.00K72.26M
ProceedsFromStockOptionExercised1.97M18.96M49.57M1.51M
NetCommonStockIssuance39.80M151.17M67.36M0.00
CommonStockIssuance39.80M151.17M67.36M0.00
NetIssuancePaymentsOfDebt-1.85M24.49M0.0095.78M
NetLongTermDebtIssuance-1.85M24.49M0.0095.78M
LongTermDebtPayments-1.85M0.00
LongTermDebtIssuance0.0024.49M0.0095.78M
InvestingCashFlow61.56M-20.61M-953.00K1.06M
CashFlowFromContinuingInvestingActivities61.56M-20.61M-953.00K1.06M
NetInvestmentPurchaseAndSale61.85M-20.32M-759.00K1.31M
SaleOfInvestment139.25M107.70M49.07M64.32M
PurchaseOfInvestment-77.40M-128.02M-49.83M-63.01M
NetPPEPurchaseAndSale-289.00K-295.00K-194.00K-254.00K
PurchaseOfPPE-289.00K-295.00K-194.00K-254.00K
OperatingCashFlow-162.44M-96.77M-76.38M-87.56M
CashFlowFromContinuingOperatingActivities-162.44M-96.77M-76.38M-87.56M
ChangeInWorkingCapital-27.91M4.93M3.34M-6.31M
ChangeInOtherWorkingCapital-1.00K49.00K
ChangeInOtherCurrentLiabilities-729.00K-237.00K-811.00K-1.65M
ChangeInOtherCurrentAssets-4.57M1.45M702.00K-1.27M
ChangeInPayablesAndAccruedExpense3.23M10.65M6.71M1.59M
ChangeInAccruedExpense2.95M-244.00K2.56M1.31M
ChangeInPayable286.00K10.89M4.16M281.00K
ChangeInAccountPayable286.00K10.89M4.16M281.00K
ChangeInPrepaidAssets-5.83M1.44M820.00K-3.63M
ChangeInInventory-7.24M-3.55M-1.35M-362.00K
ChangeInReceivables-12.78M-4.86M-2.74M-987.00K
ChangesInAccountReceivables-12.78M-4.86M-2.74M-987.00K
OtherNonCashItems3.60M-1.30M1.01M2.62M
StockBasedCompensation11.96M13.11M9.34M10.58M
AmortizationOfSecurities-1.88M-2.89M-1.03M-498.00K
DepreciationAmortizationDepletion2.41M1.19M1.71M1.82M
DepreciationAndAmortization2.41M1.19M1.71M1.82M
Depreciation2.41M1.19M1.71M1.82M
OperatingGainsLosses2.87M15.08M11.50M14.01M
GainLossOnInvestmentSecurities2.87M15.08M11.50M14.01M
NetIncomeFromContinuingOperations-153.49M-126.87M-102.24M-109.78M
SEC Filings

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

Public Trades for URGN
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status