BioAtla Q3 net loss widens to $15.8 mln

Reuters11-14
BioAtla Q3 net loss widens to $15.8 mln

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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