Overview
* Pliant Q3 net loss narrows to $26.3 mln, driven by BEACON-IPF discontinuation
* Company completed voluntary prepayment of Oxford Finance loan
Outlook
* BEACON-IPF close out activities to be completed in Q4 2025
Result Drivers
* R&D EXPENSES - Decrease primarily due to discontinuation of BEACON-IPF trial
* ADMINISTRATIVE COSTS - Decline due to strategic workforce restructuring
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Net -$26.30
Income mln
Q3 -$28.27
Operatin mln
g
Expenses
Q3 -$28.27
Operatin mln
g Income
Analyst Coverage
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"
* The average consensus recommendation for the pharmaceuticals peer group is "buy."
* Wall Street's median 12-month price target for Pliant Therapeutics Inc ( PLRX ) is $3.00, about 45.3% above its November 5 closing price of $1.64
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)