Protara Therapeutics Stock Drops 16% Following $75 Million Public Offering
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 05 2025
0mins
Source: NASDAQ.COM
Stock Price Drop: Protara Therapeutics Inc. (TARA) shares fell approximately 16% in pre-market trading after announcing a public offering of about 13.04 million shares at $5.75 each.
Offering Details: The company has granted underwriters a 30-day option to purchase an additional 1.96 million shares, with expected gross proceeds of around $75 million before expenses.
Use of Proceeds: Protara plans to use the net proceeds from the offering to fund the clinical development of TARA-002 and other clinical programs, as well as for working capital and general corporate purposes.
Recent Stock Performance: TARA's stock closed at $6.87 on December 4, 2025, but dropped to $5.77 in pre-market trading the following day.
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Analyst Views on TARA
Wall Street analysts forecast TARA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TARA is 24.83 USD with a low forecast of 21.00 USD and a high forecast of 30.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
6 Buy
0 Hold
0 Sell
Strong Buy
Current: 7.170
Low
21.00
Averages
24.83
High
30.00
Current: 7.170
Low
21.00
Averages
24.83
High
30.00
About TARA
Protara Therapeutics, Inc. is a clinical-stage biotechnology company, which is engaged in advancing transformative therapies for people with cancer and rare diseases. The Company’s portfolio includes its lead candidate, TARA-002, an investigational cell-based therapy in development for the treatment of non-muscle invasive bladder cancer (NMIBC) and lymphatic malformations (LMs). The Company is evaluating TARA-002 in an ongoing Phase II trial in NMIBC patients with carcinoma in situ (CIS) who are unresponsive or naive to treatment with Bacillus Calmette-Guerin (BCG), as well as a Phase II trial in pediatric patients with LMs. In addition, the Company is developing IV Choline Chloride, an investigational phospholipid substrate replacement for patients on parenteral nutrition who are otherwise unable to meet their choline needs via oral or enteral routes.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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