Valuation Assessment of Rapport Therapeutics (RAPP) Following 60% Increase in Share Price This Year
Strong Share Performance: Rapport Therapeutics has seen a 60% increase in share price year-to-date, indicating renewed investor interest in its CNS pipeline potential despite the company having no revenue and widening losses.
Valuation Insights: The company's price-to-book ratio stands at 2.7, which is slightly above the broader US pharmaceutical industry average but significantly lower than its peers, suggesting potential for valuation growth if its lead programs succeed.
Investment Risks: Investors face risks including possible clinical setbacks in ongoing trials and the likelihood of dilutive capital raises if development timelines are extended.
Research Opportunities: The article encourages investors to explore various healthcare stocks, dividend stocks, AI penny stocks, and undervalued stocks to identify potential investment opportunities.
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Rapport Therapeutics (RAPP) Receives FDA Clearance to Advance RAP-219 into Phase 3 Trials
- FDA Approval: Rapport Therapeutics has received FDA clearance to advance RAP-219 into registrational trials, with plans to initiate its Phase 3 program in focal onset seizures in Q2 2026, marking a significant advancement in the epilepsy treatment landscape.
- Clinical Data Support: The robust Phase 2a data positions RAP-219 as a potential best-in-class therapy, aimed at addressing the limitations of current treatments in tolerability and efficacy, thereby fulfilling a critical unmet need for patients.
- Multicenter Trial Design: The Phase 3 trial will be a multicenter, randomized, double-blind study enrolling adults, focusing on seizure frequency reduction and long-term safety, which is expected to lay the groundwork for future market introduction.
- Sufficient Funding: As of the third quarter, Rapport reported $531 million in cash and short-term investments, providing ample resources to fund operations into the second half of 2029, ensuring ongoing investment in R&D and market expansion.

Cormorant Increases Stake in Rapport Therapeutics by 251,600 Shares Worth $94.82 Million
- Share Increase: Cormorant Asset Management disclosed a purchase of 251,600 additional shares of Rapport Therapeutics in its SEC filing on November 14, 2025, bringing its total holdings to 3,192,521 shares valued at approximately $94.82 million, indicating a bullish outlook on the biotech firm.
- Asset Management Scale: This increase positions Rapport as 6.54% of Cormorant's 13F assets under management, reflecting the firm's investment strategy in the biopharmaceutical sector and confidence in future growth prospects.
- Market Performance: As of November 14, 2025, Rapport Therapeutics shares were priced at $24.37, up 10.87% over the past year, although slightly underperforming the S&P 500, highlighting market interest in its potential drug candidates.
- Financial Status: Despite reporting a net loss of $26.9 million in Q3, Rapport holds $513 million in cash and short-term investments, expected to sustain operations into the second half of 2029, indicating ongoing commitment to research and development.









