tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Iterum Therapeutics Announces $20M Share Offering

Story Highlights
Iterum Therapeutics Announces $20M Share Offering

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Iterum Therapeutics ( (ITRM) ) has issued an update.

On October 16, 2025, Iterum Therapeutics announced a prospectus supplement for the offer and sale of its ordinary shares, aiming to raise up to $20 million under its at-the-market offering agreement. The company has previously raised approximately $36.2 million through similar offerings. In August 2025, Iterum launched ORLYNVAH™ in the U.S. market, expecting modest sales in the early stages of its commercialization efforts.

The most recent analyst rating on (ITRM) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Iterum Therapeutics stock, see the ITRM Stock Forecast page.

Spark’s Take on ITRM Stock

According to Spark, TipRanks’ AI Analyst, ITRM is a Underperform.

Iterum Therapeutics faces significant financial challenges with ongoing net losses and cash flow issues, despite positive developments such as FDA approval of ORLYNVAH. The technical indicators suggest weak market momentum, and valuation metrics reflect poor investment attractiveness. The potential market for ORLYNVAH and improved financial performance are notable positives, but strategic uncertainties and financial obligations weigh heavily on the stock’s outlook.

To see Spark’s full report on ITRM stock, click here.

More about Iterum Therapeutics

Iterum Therapeutics is a pharmaceutical company involved in the development and commercialization of anti-infective treatments. The company focuses on the U.S. market, having recently launched its product ORLYNVAH™ into the community market.

Average Trading Volume: 873,361

Technical Sentiment Signal: Sell

Current Market Cap: $32.94M

See more data about ITRM stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1