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Alpha Tau Medical Ltd. posted a net loss per share of $0.26 for the first quarter of 2026, marking a significant deterioration from the same period a year earlier as the clinical-stage oncology company continues to advance its radiation therapy technology. The Israeli-American firm, which trades on the Nasdaq under ticker DRTS, remains in the development and commercialization phase of its diffusing alpha-emitters radiation therapy platform known as Alpha DaRT.
The bottom line showed a net loss of $22.9M for the quarter. Year-over-year, the per-share loss widened to $0.26 from $0.12 in the first quarter of 2025, representing a 116.7% increase in the loss as the company burns through capital to fund its clinical programs and push toward potential regulatory approvals.
Despite the mounting losses typical of pre-revenue biotech companies, Wall Street analysts maintain a constructive view on Alpha Tau’s prospects. The current consensus stands at 4 buy ratings and 2 hold ratings, with no sell recommendations among covering analysts. The company’s Alpha DaRT technology represents a novel approach in the oncology therapeutics space, using alpha radiation to target solid tumors, though it has yet to generate meaningful revenue from commercialization.
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