Overview
BioAtla Q3 net loss widens to $15.8 mln, driven by absence of collaboration revenue
R&D expenses decreased due to program prioritization and workforce reduction
Company in advanced stages to finalize strategic transaction by year-end
Outlook
BioAtla expects to complete a strategic partnership by year end
Result Drivers
Research and development (R&D) expenses were $9.5 million for the quarter ended September 30, 2025, compared to $16.4 million for the same quarter in 2024.
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Net Income | -$15.78 mln | ||
Q3 Operating Expenses | $13.79 mln | ||
Q3 Operating Income | -$13.79 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the biotechnology & medical research peer group is "buy"
Wall Street's median 12-month price target for Bioatla Inc is $10.00, about 93.1% above its November 12 closing price of $0.69
Press Release: ID:nGNX4FzR5X
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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.)
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