Perspective Therapeutics (CATX)


Market Price (8/8/2026): $3.0 | Market Cap: $310.8 MilSector: Health Care | Industry: Life Sciences Tools & Services

Perspective Therapeutics (CATX)


Market Price (8/8/2026): $3.0
Market Cap: $310.8 Mil
Sector: Health Care
Industry: Life Sciences Tools & Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -86%

Megatrend and thematic drivers
Megatrends include Precision Medicine, and Aging Population & Chronic Disease. Themes include Targeted Therapies, Biopharmaceutical R&D, Show more.

Weak multi-year price returns
2Y Excs Rtn is -121%, 3Y Excs Rtn is -121%

Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 10.01

Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -120 Mil

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -40%

High stock price volatility
Vol 12M is 109%

Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 22%

Key risks
CATX key risks include [1] the uncertain clinical efficacy of its lead candidate VMT-α-NET, Show more.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -86%
1 Megatrend and thematic drivers
Megatrends include Precision Medicine, and Aging Population & Chronic Disease. Themes include Targeted Therapies, Biopharmaceutical R&D, Show more.
2 Weak multi-year price returns
2Y Excs Rtn is -121%, 3Y Excs Rtn is -121%
3 Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 10.01
4 Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0
5 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -120 Mil
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -40%
7 High stock price volatility
Vol 12M is 109%
8 Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 22%
9 Key risks
CATX key risks include [1] the uncertain clinical efficacy of its lead candidate VMT-α-NET, Show more.

CATX in ETFs

Weight = CATX's share of each fund

XBI0.12%
IBB0.02%
IWN0.02%
VTWO0.01%
SCHA0.01%
DFAS0.00%
VHT0.00%
DFAC0.00%
+2 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 8/1/2026

Perspective Therapeutics (CATX) stock has lost about 25% since 4/30/2026 because of the following key factors:

1. Continued Substantial Net Losses and Minimal Revenue. Perspective Therapeutics (CATX) reported a net loss of -$26.19 million for fiscal Q1 2026 (ended March 31, 2026). The company's revenue for fiscal Q1 2026 was only $0.08 million, representing a 77.78% decrease from the previous quarter, and the company posted a trailing twelve-month net loss of -$111.13 million ending March 31, 2026. As a pre-revenue clinical-stage biopharmaceutical company, consistent significant losses and negligible revenue contribute to investor uncertainty regarding future profitability and financial sustainability.

2. Significant Shareholder Dilution. Over the past year, the total shares outstanding for Perspective Therapeutics increased by 53.6%. This substantial dilution for existing shareholders indicates that the company has likely been raising capital through equity issuances to fund its ongoing clinical development and operations, a common practice for pre-revenue biotech firms. However, such dilution can exert downward pressure on the stock price, as the value of each existing share is reduced.

Show more
Updated on 8/1/2026

Perspective Therapeutics (CATX) stock has lost about 25% since 4/30/2026 because of the following key factors:

1. Continued Substantial Net Losses and Minimal Revenue. Perspective Therapeutics (CATX) reported a net loss of -$26.19 million for fiscal Q1 2026 (ended March 31, 2026). The company's revenue for fiscal Q1 2026 was only $0.08 million, representing a 77.78% decrease from the previous quarter, and the company posted a trailing twelve-month net loss of -$111.13 million ending March 31, 2026. As a pre-revenue clinical-stage biopharmaceutical company, consistent significant losses and negligible revenue contribute to investor uncertainty regarding future profitability and financial sustainability.

2. Significant Shareholder Dilution. Over the past year, the total shares outstanding for Perspective Therapeutics increased by 53.6%. This substantial dilution for existing shareholders indicates that the company has likely been raising capital through equity issuances to fund its ongoing clinical development and operations, a common practice for pre-revenue biotech firms. However, such dilution can exert downward pressure on the stock price, as the value of each existing share is reduced.

3. Early-Stage Clinical Progress Without Near-Term Commercialization. While the company announced several positive early-stage clinical updates during the period, including the presentation of updated data from all three clinical programs at the 2026 ASCO Annual Meeting (such as two confirmed responses out of seven patients (29%) in the [212Pb]VMT01 melanoma cohort) and the first patients dosed in new Phase 1/2a study cohorts for neuroendocrine tumors and solid tumors, these advancements are still in the early phases of clinical development. For a company with consistent losses and minimal revenue, the market may be factoring in the long and costly timeline to potential regulatory approval and commercialization, leading to a de-risking of the stock in the absence of more advanced, pivotal trial data.

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Stock Movement Drivers

Fundamental Drivers

The -23.1% change in CATX stock from 4/30/2026 to 8/7/2026 was primarily driven by a -28.2% change in the company's Shares Outstanding (Mil).
(LTM values as of)43020268072026Change
Stock Price ($)3.903.00-23.1%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)74104-28.2%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 8/7/2026
ReturnCorrelation
CATX-23.1% 
Market (SPY)7.6%27.7%
Sector (XLV)13.5%-7.5%

Fundamental Drivers

The -20.8% change in CATX stock from 1/31/2026 to 8/7/2026 was primarily driven by a -28.3% change in the company's Shares Outstanding (Mil).
(LTM values as of)13120268072026Change
Stock Price ($)3.793.00-20.8%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)74104-28.3%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 8/7/2026
ReturnCorrelation
CATX-20.8% 
Market (SPY)12.1%31.6%
Sector (XLV)7.5%7.4%

Fundamental Drivers

The -21.9% change in CATX stock from 7/31/2025 to 8/7/2026 was primarily driven by a -30.2% change in the company's Shares Outstanding (Mil).
(LTM values as of)73120258072026Change
Stock Price ($)3.843.00-21.9%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)72104-30.2%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 8/7/2026
ReturnCorrelation
CATX-21.9% 
Market (SPY)23.4%12.3%
Sector (XLV)28.7%1.1%

Fundamental Drivers

The -47.4% change in CATX stock from 7/31/2023 to 8/7/2026 was primarily driven by a null change in the company's Total Revenues ($ Mil).
(LTM values as of)73120238072026Change
Stock Price ($)5.703.00-47.4%
Change Contribution By: 
Total Revenues ($ Mil)70 
P/S Multiple18.39.2233720368547763E17%
Shares Outstanding (Mil)23104-77.9%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2023 to 8/7/2026
ReturnCorrelation
CATX-47.4% 
Market (SPY)74.9%19.5%
Sector (XLV)29.3%13.6%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
CATX Return-14%-36%63%-21%-14%8%-34%
Peers Return18%27%13%-14%-9%6%40%
S&P 500 Return27%-19%24%23%16%13%105%

Monthly Win Rates [3]
CATX Win Rate8%50%33%50%58%50% 
Peers Win Rate45%53%45%50%53%60% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
CATX Max Drawdown-85%-49%-71%-85%-59%-50% 
Peers Max Drawdown-36%-38%-39%-54%-51%-29% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: LNTH, ATNM, CLRB, LLY, BMY.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/7/2026 (YTD)

How Low Can It Go

EventCATXS&P 500
2025 US Tariff Shock
  % Loss-41.4%-18.8%
  % Gain to Breakeven70.8%23.1%
  Time to Breakeven56 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-63.0%-9.5%
  % Gain to Breakeven170.2%10.5%
  Time to Breakeven111 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-46.9%-24.5%
  % Gain to Breakeven88.4%32.4%
  Time to Breakeven130 days427 days
2020 COVID-19 Crash
  % Loss-45.9%-33.7%
  % Gain to Breakeven84.9%50.9%
  Time to Breakeven274 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-46.7%-19.2%
  % Gain to Breakeven87.7%23.8%
  Time to Breakeven335 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-30.0%-3.7%
  % Gain to Breakeven42.8%3.9%
  Time to Breakeven994 days6 days

Compare to LNTH, ATNM, CLRB, LLY, BMY

In The Past

Perspective Therapeutics's stock fell -41.4% during the 2025 US Tariff Shock. Such a loss loss requires a 70.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventCATXS&P 500
2025 US Tariff Shock
  % Loss-41.4%-18.8%
  % Gain to Breakeven70.8%23.1%
  Time to Breakeven56 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-63.0%-9.5%
  % Gain to Breakeven170.2%10.5%
  Time to Breakeven111 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-46.9%-24.5%
  % Gain to Breakeven88.4%32.4%
  Time to Breakeven130 days427 days
2020 COVID-19 Crash
  % Loss-45.9%-33.7%
  % Gain to Breakeven84.9%50.9%
  Time to Breakeven274 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-46.7%-19.2%
  % Gain to Breakeven87.7%23.8%
  Time to Breakeven335 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-30.0%-3.7%
  % Gain to Breakeven42.8%3.9%
  Time to Breakeven994 days6 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-61.0%-12.2%
  % Gain to Breakeven156.7%13.9%
  Time to Breakeven1819 days62 days
2014-2016 Oil Price Collapse
  % Loss-75.0%-6.8%
  % Gain to Breakeven300.0%7.3%
  Time to Breakeven1827 days15 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-36.1%-17.9%
  % Gain to Breakeven56.4%21.8%
  Time to Breakeven218 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-23.3%-15.4%
  % Gain to Breakeven30.4%18.2%
  Time to Breakeven22 days125 days
2008-2009 Global Financial Crisis
  % Loss-91.9%-53.4%
  % Gain to Breakeven1133.3%114.4%
  Time to Breakeven1820 days1085 days

Compare to LNTH, ATNM, CLRB, LLY, BMY

In The Past

Perspective Therapeutics's stock fell -41.4% during the 2025 US Tariff Shock. Such a loss loss requires a 70.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Perspective Therapeutics (CATX)

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Perspective Therapeutics (CATX), operating through its subsidiary Isoray Medical, Inc., is a medical technology company focused on developing, manufacturing, and selling isotope-based medical products and devices. The company's primary objective is to provide advanced treatment options for various forms of cancer and other malignant diseases, utilizing targeted radiation therapy.

The company's main product is the CS-1 Cesium-131 brachytherapy seeds. These small, radioactive seeds are used in a form of internal radiation therapy where they are implanted directly into or near a tumor. This targeted approach is designed to deliver a high dose of radiation directly to cancerous cells, minimizing exposure to surrounding healthy tissue. These brachytherapy seeds are applicable for treating a broad spectrum of cancers, including prostate, brain, lung, head and neck, gynecological, pelvic/abdominal, and colorectal cancers.

Perspective Therapeutics serves a specialized market within the healthcare industry, primarily selling its products to medical facilities and physician practices that utilize surgical capabilities. These customers, located in the United States and internationally, integrate the company's brachytherapy seeds into their treatment protocols to provide advanced cancer care to their patients.

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AI Analysis | Feedback

1. Varian Medical Systems for internal radiation therapy.

2. A specialized medical device company like Boston Scientific, but focused on radioactive implants for cancer.

AI Analysis | Feedback

  • CS-1 Cesium-131 brachytherapy seeds: An isotope-based medical product used for the treatment of various cancers, including prostate, brain, lung, head and neck, gynecological, pelvic/abdominal, and colorectal cancers.

AI Analysis | Feedback

Perspective Therapeutics (CATX) sells its isotope-based medical products and devices primarily to other companies and institutions within the healthcare sector. Based on the provided information, its major customers fall into the following categories:

  • Facilities utilizing various surgical facilities: This category includes hospitals, cancer centers, and other medical institutions that perform surgical procedures for cancer treatment using brachytherapy.
  • Physician practices utilizing various surgical facilities: This category encompasses specialized clinics and physician groups, such as oncology clinics, urology clinics, and radiation therapy centers, which incorporate surgical interventions and brachytherapy in their patient care.

The provided information does not list the names of specific customer companies or their public symbols.

AI Analysis | Feedback

  • Nordion (Sotera Health, SHC)

AI Analysis | Feedback

Thijs Spoor, Chief Executive Officer

Thijs Spoor was appointed CEO in February 2023. He has been instrumental in the company's transition and focus on advancing targeted alpha therapies for cancer treatment. Mr. Spoor demonstrated confidence in the company's future by purchasing company stock in March 2025.

Joel Sendek, Chief Financial Officer

Joel Sendek was appointed Chief Financial Officer on September 4, 2025. He brings over 30 years of experience in the life sciences sector. Mr. Sendek has a strong background in biotech finance, having served as CFO at four other biotech companies: Dewpoint Therapeutics, Sema4, Spero Therapeutics, and Forward Pharma. In his capacity as a biotech CFO, he has successfully raised over $2.5 billion through various transactions. His extensive career also includes a distinguished period as a Wall Street analyst, holding senior equity research positions at firms such as Stifel, Lazard, and Oppenheimer, where he led healthcare equity research. The Wall Street Journal recognized him as an All-Star Analyst, ranking him #1 in stock picking. Before his career in equity research, Mr. Sendek worked as Senior Director of Corporate Development at Progenics Pharmaceuticals, Inc. and as an investment banking analyst at Goldman, Sachs & Co.

Markus Puhlmann, M.D., PhD, Chief Medical Officer

Dr. Puhlmann serves as the Chief Medical Officer for Perspective Therapeutics. Details regarding his prior company founding, sales, or private equity involvement are not available in the provided information.

Jonathan Hunt, Chief Accounting Officer

Jonathan Hunt holds the position of Chief Accounting Officer, having previously served as the company's CFO. He is an experienced accounting leader with more than 25 years of finance and accounting expertise gained across a variety of industries, including Fortune 500 companies. There is no information available regarding his involvement in founding or selling other companies, or his management of private equity-backed firms.

Amos Hedt, Chief Business Strategy Officer

Amos Hedt is the Chief Business Strategy Officer. He is described as a skilled strategist with over 20 years of experience in the biotechnology and pharmaceutical industries, possessing comprehensive expertise across all stages of drug research and development. The provided information does not include details on him founding or managing other companies, selling companies, or his experience with private equity firms.

AI Analysis | Feedback

The key risks to Perspective Therapeutics (CATX) primarily revolve around the inherent challenges of drug development in the biotechnology sector, compounded by financial considerations and market competition.

  1. Clinical Development and Efficacy of Lead Candidates: A significant risk for Perspective Therapeutics is the uncertainty surrounding the efficacy and successful development of its lead drug candidates, particularly VMT-α-NET. Clinical trials may be more costly or take longer to complete than anticipated, or they may not generate results that justify further development. Concerns have been raised regarding limited confirmed responses in some trials for VMT-α-NET, which could impact its commercial viability, despite encouraging safety data. The need for dose optimization in key programs could also extend development timelines, potentially allowing competitors to gain an advantage.
  2. Financial Health, Cash Burn, and Need for Future Funding: Perspective Therapeutics has faced substantial financial challenges, including significant losses and minimal revenue, with expectations of continued unprofitability for the foreseeable future. While the company has a projected cash runway, its cash-burning operations suggest a potential future need for additional funding, which could lead to equity dilution for existing shareholders through new share issuances.
  3. Intense Competition and Regulatory Hurdles: The radiopharmaceutical therapeutics market in which Perspective Therapeutics operates is characterized by intense competition. Additionally, the company faces inherent regulatory hurdles throughout the drug development and approval process, which can delay or prevent products from reaching the market.

AI Analysis | Feedback

The increasing adoption and technological advancements in non-invasive external beam radiation therapies, particularly Stereotactic Body Radiation Therapy (SBRT), pose a clear emerging threat. SBRT offers highly precise and often fewer treatment sessions for localized cancers, directly competing with brachytherapy's role in treating the same conditions, such as prostate, lung, and other solid tumors. This ongoing shift in clinical practice towards more advanced and less invasive radiation modalities could erode the market share for brachytherapy seeds.

AI Analysis | Feedback

The addressable market for Perspective Therapeutics' main products, which include Cesium-131 brachytherapy seeds for cancer treatment, is the global and North American brachytherapy market. For the global market:
  • The global brachytherapy market was valued at approximately USD 1.07 billion in 2025.
  • It is projected to reach around USD 2.12 billion by 2035, growing at a compound annual growth rate (CAGR) of 7.08% from 2026 to 2035.
For the North American market:
  • The North American brachytherapy market size was valued at approximately USD 460 million in 2025.
  • The U.S. brachytherapy market alone reached USD 0.76 billion in 2025 and is projected to expand to USD 1.59 billion by 2035, with a CAGR of 7.7% during the forecast period (2026–2035).

AI Analysis | Feedback

Perspective Therapeutics (CATX) is anticipated to drive future revenue growth over the next 2-3 years through the following key initiatives:

  1. Advancement and Commercialization of VMT-α-NET: A primary driver of future revenue is expected to be the successful clinical development and eventual commercialization of VMT-α-NET, the company's lead asset in Phase 1/2a clinical trials for patients with unresectable or metastatic somatostatin receptor type 2 (SSTR2)-expressing neuroendocrine tumors. This therapy has shown promising preliminary results, including high response rates when combined with anti-PD-1 therapy and a favorable safety profile. Continued positive trial outcomes and regulatory approval would open access to a multi-billion dollar market.
  2. Expansion of Radiopharmaceutical Pipeline: The company's pipeline includes other proprietary radiopharmaceutical candidates like VMT01, in Phase 1/2a clinical trials for metastatic melanoma, as well as PSV359 and PSV4XX, which target fibroblast activation protein alpha and prostate-specific membrane antigen, respectively. The progression and potential commercialization of these additional therapies are expected to diversify and contribute to future revenue streams.
  3. Penetration of the Neuroendocrine Tumor Market: With VMT-α-NET specifically targeting the substantial neuroendocrine tumor market, successful market entry and adoption of this therapy, upon approval, will be a significant contributor to revenue growth. The company's focus on pioneering advanced treatment applications for cancers using its proprietary technology underpins its strategy for market penetration.

AI Analysis | Feedback

Share Issuance

  • In February 2023, as part of the merger with Viewpoint Molecular Targeting, Inc., Perspective Therapeutics (formerly Isoray) issued 136,545,075 shares of common stock to Viewpoint shareholders, accounting for approximately 49% of the combined company's fully-diluted outstanding capital stock.
  • In March 2024, Perspective Therapeutics completed an $87.4 million private placement through the sale of 92,009,981 shares of common stock at $0.95 per share to institutional investors.
  • In February 2026, the company announced the pricing of an underwritten offering to raise approximately $175 million in gross proceeds from the sale of common stock and pre-funded warrants.

Inbound Investments

  • Perspective Therapeutics received approximately $87.4 million in March 2024 from a private placement with a select group of institutional accredited investors.
  • The February 2026 underwritten offering, which raised about $175 million, included participation from several institutional investors such as Commodore Capital, TCGX, Spruce Street Capital, Surveyor Capital, Affinity Asset Advisors, HBM Healthcare Investments, and Ally Bridge Group.

Outbound Investments

  • In March 2024, Perspective Therapeutics made a corporate asset purchase to acquire a radiopharmaceutical manufacturing facility in Somerset, New Jersey, from Lantheus Holdings.

Capital Expenditures

  • Perspective Therapeutics invested $2.0 million in capital expenditures during Q3 2026, primarily for long-term assets and infrastructure.
  • Over the twelve months prior to March 2026, the company's capital expenditures totaled approximately $22.29 million.
  • A portion of the net proceeds from the February 2026 underwritten offering is designated for continued investment in the company's manufacturing facilities.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

CATXLNTHATNMCLRBLLYBMYMedian
NamePerspect.Lantheus Actinium.Cellecta.Eli LillyBristol-. 
Mkt Price3.00100.950.802.571,185.7164.7233.86
Mkt Cap0.36.60.00.01,058.1132.23.4
Rev LTM01,5560079,66649,187778
Op Inc LTM-120302-26-2239,60813,842140
FCF LTM-107388-23-1913,56011,440185
FCF 3Y Avg-78400-32-343,29412,988184
CFO LTM-92413-23-1928,08312,782197
CFO 3Y Avg-53460-32-3414,51014,282214

Growth & Margins

CATXLNTHATNMCLRBLLYBMYMedian
NamePerspect.Lantheus Actinium.Cellecta.Eli LillyBristol-. 
Rev Chg LTM-2.3%--49.6%3.1%3.1%
Rev Chg 3Y Avg-12.0%--39.4%2.9%12.0%
Rev Chg Q-2.7%--47.7%5.7%5.7%
QoQ Delta Rev Chg LTM-0.7%0.0%-10.3%1.5%1.1%
Op Inc Chg LTM-58.7%-31.3%48.1%51.6%76.5%39.1%43.6%
Op Inc Chg 3Y Avg-94.5%478.4%8.8%2.5%71.3%22.3%15.6%
Op Mgn LTM-19.4%-28,346.7%-49.7%28.1%23.8%
Op Mgn 3Y Avg-26.6%--42.1%21.4%26.6%
QoQ Delta Op Mgn LTM-0.7%11,927.8%-2.4%0.1%1.5%
CFO/Rev LTM-26.5%-25,417.8%-35.3%26.0%26.3%
CFO/Rev 3Y Avg-30.6%--22.5%29.9%29.9%
FCF/Rev LTM-24.9%-25,420.0%-17.0%23.3%20.1%
FCF/Rev 3Y Avg-26.6%--2.5%27.2%26.6%

Valuation

CATXLNTHATNMCLRBLLYBMYMedian
NamePerspect.Lantheus Actinium.Cellecta.Eli LillyBristol-. 
Mkt Cap0.36.60.00.01,058.1132.23.4
P/S-4.2277.7-13.32.78.8
P/Op Inc-2.621.8-1.0-0.526.79.54.5
P/EBIT-2.817.2-1.0-0.525.79.74.6
P/E-2.823.9-1.1-0.539.614.26.9
P/CFO-3.415.9-1.1-0.637.710.34.9
Total Yield-35.8%4.2%-93.9%-191.3%3.1%10.9%-16.3%
Dividend Yield0.0%0.0%0.0%0.0%0.5%3.9%0.0%
FCF Yield 3Y Avg-25.6%6.6%-56.7%-715.3%0.3%13.5%-12.7%
D/E0.00.10.10.10.10.30.1
Net D/E-0.90.0-1.6-0.60.00.3-0.3

Returns

CATXLNTHATNMCLRBLLYBMYMedian
NamePerspect.Lantheus Actinium.Cellecta.Eli LillyBristol-. 
1M Rtn-11.5%-5.4%-17.8%-4.5%-2.5%12.5%-4.9%
3M Rtn-20.2%8.5%-39.1%-17.1%25.2%16.5%-4.3%
6M Rtn-36.3%55.6%-30.7%-15.5%12.4%6.7%-4.4%
12M Rtn-17.4%84.0%-48.9%-45.4%86.3%49.5%16.1%
3Y Rtn-39.2%43.4%-87.9%-95.0%132.2%23.9%-7.6%
1M Excs Rtn-8.2%-7.6%-20.6%-10.1%-5.4%8.9%-7.9%
3M Excs Rtn-22.4%5.2%-40.4%-27.9%16.1%10.6%-8.6%
6M Excs Rtn-49.3%41.5%-45.4%-23.0%2.4%-3.0%-13.0%
12M Excs Rtn-43.7%72.4%-72.4%-68.5%37.7%29.1%-7.3%
3Y Excs Rtn-121.0%-48.5%-160.5%-167.3%94.6%-51.2%-86.1%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil2022202120202019
Other sales3211
Prostate Brachytherapy8886
Total1110107


Operating Income by Segment
$ Mil2022
Radiopharmaceutical development segment-6
Total-6


Assets by Segment
$ Mil202520242023
Radiopharmaceutical development segment26734198
Total26734198


Price Behavior

Price Behavior
Market Price$3.00 
Market Cap ($ Bil)0.3 
First Trading Date04/19/2007 
Distance from 52W High-46.9% 
   50 Days200 Days
DMA Price$3.15$3.51
DMA Trenddowndown
Distance from DMA-4.7%-14.5%
 3M1YR
Volatility61.4%109.5%
Downside Capture115.08107.54
Upside Capture-5.4160.20
Correlation (SPY)29.5%11.6%
CATX Betas & Captures as of 7/31/2026

 1M2M3M6M1Y3Y
Beta0.411.101.291.621.041.43
Up Beta2.134.493.962.412.321.41
Down Beta-0.001.801.211.670.501.16
Up Capture-110%-109%-24%71%50%216%
Bmk +ve Days11223567138427
Stock +ve Days8142448113361
Down Capture126%72%119%158%111%111%
Bmk -ve Days11212859114326
Stock -ve Days13263571127368

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CATX
CATX-21.5%109.4%0.22-
Sector ETF (XLV)28.7%15.5%1.420.5%
Equity (SPY)23.3%12.8%1.3611.6%
Gold (GLD)28.5%28.4%0.876.6%
Commodities (DBC)32.9%19.8%1.32-4.6%
Real Estate (VNQ)14.2%13.8%0.720.9%
Bitcoin (BTCUSD)-44.2%42.9%-1.23-3.0%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CATX
CATX-15.7%100.0%0.28-
Sector ETF (XLV)6.2%15.0%0.2313.9%
Equity (SPY)13.5%17.2%0.6120.3%
Gold (GLD)18.6%18.6%0.815.1%
Commodities (DBC)8.2%19.6%0.311.7%
Real Estate (VNQ)2.3%18.9%0.0212.9%
Bitcoin (BTCUSD)8.8%53.0%0.354.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CATX
CATX-12.9%103.5%0.28-
Sector ETF (XLV)10.1%16.6%0.4911.5%
Equity (SPY)15.4%17.9%0.7313.4%
Gold (GLD)12.1%16.2%0.611.6%
Commodities (DBC)7.4%18.0%0.331.6%
Real Estate (VNQ)4.8%20.7%0.208.2%
Bitcoin (BTCUSD)58.2%66.2%0.984.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date7152026
Short Interest: Shares Quantity22.8 Mil
Short Interest: % Change Since 63020260.3%
Average Daily Volume2.3 Mil
Days-to-Cover Short Interest10.0 days
Basic Shares Quantity103.6 Mil
Short % of Basic Shares22.0%

Earnings Returns History

Updated 8/3/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/11/2026-2.8%-3.1%-24.0%
3/16/2026-5.2%-18.8%-16.1%
1/9/20261.1%-11.7%72.2%
11/10/20250.0%-0.5%21.6%
8/13/2025-4.3%-14.1%-15.1%
5/12/20251.6%8.8%30.7%
3/26/20251.3%-9.7%5.3%
1/13/2025-2.9%-2.0%-10.3%
...
SUMMARY STATS   
# Positive8711
# Negative161713
Median Positive1.5%11.3%21.6%
Median Negative-4.0%-9.7%-22.0%
Max Positive8.5%29.2%72.2%
Max Negative-18.6%-36.5%-67.5%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/11/2026-2.8%-3.1%-24.0%
3/16/2026-5.2%-18.8%-16.1%
1/9/20261.1%-11.7%72.2%
11/10/20250.0%-0.5%21.6%
8/13/2025-4.3%-14.1%-15.1%
5/12/20251.6%8.8%30.7%
3/26/20251.3%-9.7%5.3%
1/13/2025-2.9%-2.0%-10.3%
11/12/2024-6.9%-36.5%-67.5%
8/12/20245.7%17.1%29.4%
5/15/2024-10.8%-9.7%-34.1%
3/28/2024-0.8%18.3%31.7%
11/14/20238.5%11.3%18.6%
8/11/2023-1.8%-20.7%-22.0%
2/16/20230.0%-6.7%69.6%
11/10/2022-0.7%29.2%12.9%
5/10/2022-8.7%1.7%-4.2%
2/8/20227.0%-0.4%-9.0%
11/10/2021-4.4%-17.0%-25.8%
9/21/2021-3.7%-2.0%-2.0%
5/13/2021-1.4%2.2%8.7%
2/9/2021-1.1%-3.4%-30.7%
11/10/2020-8.5%-11.7%0.0%
9/17/2020-18.6%-29.9%-26.0%
SUMMARY STATS   
# Positive8711
# Negative161713
Median Positive1.5%11.3%21.6%
Median Negative-4.0%-9.7%-22.0%
Max Positive8.5%29.2%72.2%
Max Negative-18.6%-36.5%-67.5%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/11/202610-Q
12/31/202503/16/202610-K
09/30/202511/10/202510-Q
06/30/202508/13/202510-Q
03/31/202505/12/202510-Q
12/31/202403/26/202510-K
09/30/202411/12/202410-Q
06/30/202408/13/202410-Q
03/31/202405/15/202410-Q
12/31/202303/28/202410-K
09/30/202311/14/202310-Q
06/30/202308/11/202310-Q
03/31/202305/15/202310-Q
12/31/202205/01/202310-KT
09/30/202211/14/202210-Q
06/30/202209/28/202210-K
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/11/202610-Q
12/31/202503/16/202610-K
09/30/202511/10/202510-Q
06/30/202508/13/202510-Q
03/31/202505/12/202510-Q
12/31/202403/26/202510-K
09/30/202411/12/202410-Q
06/30/202408/13/202410-Q
03/31/202405/15/202410-Q
12/31/202303/28/202410-K
09/30/202311/14/202310-Q
06/30/202308/11/202310-Q
03/31/202305/15/202310-Q
12/31/202205/01/202310-KT
09/30/202211/14/202210-Q
06/30/202209/28/202210-K
03/31/202205/13/202210-Q
12/31/202102/09/202210-Q
09/30/202111/10/202110-Q
06/30/202109/27/202110-K
03/31/202105/14/202110-Q
12/31/202002/09/202110-Q
09/30/202011/13/202010-Q
06/30/202009/25/202010-K
03/31/202005/13/202010-Q
12/31/201902/12/202010-Q
09/30/201911/13/201910-Q
06/30/201909/27/201910-K

Recent Forward Guidance

Updated 7/27/2026

Latest: Q1 2026 Earnings Reported 5/11/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2027 Cash Runway     Affirmed

Prior: Q3 2025 Earnings Reported 11/10/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Cash, cash equivalents and short-term investments 174.00 Mil -9.4% Lower NewActual: 192.00 Mil for 2026

Insider Activity

Updated 4/26/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Hunt, Jonathan RobertChief Accounting OfficerDirectBuy111720252.0311,00022,295121,203Form
2Williamson, Robert F Iii RFW3 Revocable TrustBuy111420252.109,49819,94620,714Form
3Williamson, Robert F Iii DirectBuy40120252.1438,14581,775233,636Form
4Woods, Lori A Woods Family Living TrustBuy40120252.1323,47549,999390,751Form
5Spoor, Johan MChief Executive OfficerDirectBuy40120252.2422,02649,384133,143Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Hunt, Jonathan RobertChief Accounting OfficerDirectBuy111720252.0311,00022,295121,203Form
2Williamson, Robert F Iii RFW3 Revocable TrustBuy111420252.109,49819,94620,714Form
3Williamson, Robert F Iii DirectBuy40120252.1438,14581,775233,636Form
4Woods, Lori A Woods Family Living TrustBuy40120252.1323,47549,999390,751Form
5Spoor, Johan MChief Executive OfficerDirectBuy40120252.2422,02649,384133,143Form
6Spoor, Johan MChief Executive OfficerChild #1Buy40120252.214,65010,28810,288Form
7Williamson, Robert F Iii DirectBuy40120252.2722,19250,376160,800Form
8Graham, JuanChief Financial OfficerDirectBuy40120252.2533,33374,94679,490Form

Investor Activity (13F)

Updated Aug 8, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Avidity Partners Management LP$25.2 Mil5.1%45ADD +88.4%13F
Spruce Street Capital LP$11.0 Mil2.6%28New13F
Commodore Capital LP$26.4 Mil1.5%36New13F
Patient Square Capital LP$6.8 Mil1.2%29ADD +43.4%13F
TCG Crossover Management, LLC$33.0 Mil0.9%49New13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
TCG Crossover Management, LLC$33.0 Mil0.9%49New13F
Commodore Capital LP$26.4 Mil1.5%36New13F
Spruce Street Capital LP$11.0 Mil2.6%28New13F
Avidity Partners Management LP$23.6 Mil5.3%46ADD +88.4%13F
Patient Square Capital LP$6.8 Mil1.2%29ADD +43.4%13F
Active Manager
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
TCG Crossover Management, LLC$33.0 Mil0.9%49New13F
Commodore Capital LP$26.4 Mil1.5%36New13F
Avidity Partners Management LP$23.6 Mil5.3%46ADD +88.4%13F
Spruce Street Capital LP$11.0 Mil2.6%28New13F
Patient Square Capital LP$6.8 Mil1.2%29ADD +43.4%13F
Core Cache Last Updated: 8/7/2026