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Iterum Therapeutics plc (ITRM) Stock Analysis

Educational signal · not a buy or sell recommendation · How to read this

DELISTED 2026

What happened to Iterum Therapeutics plc (ITRM) stock?

Iterum Therapeutics plc (ITRM) no longer trades on public markets. It was delisted in April 2026. The figures below are historical and are not a current quote.

MCap: $1.60M| Vol: 49.30M| Target: $9.00 (estimate, not advice)| 52-wk range: $0.0271 – $1.42

Market cap $1.60M is the value of all shares combined. Beta 3.01: the stock has moved about 201% more than the S&P 500.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated May 10, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Iterum Therapeutics plc (ITRM). Iterum Therapeutics plc is a clinical-stage pharmaceutical company focused on developing and commercializing anti-infectives. Their lead product, sulopenem, is in Phase III clinical trials for various urinary tract and intra-abdominal infections. Market cap: $1.60M, Sector: Healthcare.

Last analyzed: May 10, 2026
Iterum Therapeutics plc is a clinical-stage pharmaceutical company focused on developing and commercializing anti-infectives. Their lead product, sulopenem, is in Phase III clinical trials for various urinary tract and intra-abdominal infections.

ITRM stock analysis for 2026: The stored analyst price target for Iterum Therapeutics plc is $9.00; its date is unknown, so no upside or downside is derived from it against the current price of $0.03. Key factors: analyst coverage, company fundamentals.

Watch the ITRM film Every key number, told as a short cinematic story — just press play. ~2 min

These figures come from statements filed 12 months ago — the most recent this company has published.

Council Score · Weighted Average of 3 Disciplines
Split View 45/100 · C

ITRM: the 2 scored disciplines are evenly split. Dominant signal: Seth Klarman bearish.

How is this calculated? →
Legends Council · 5 Legends + Moon AI

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated)Ray Dalio
Favorable read
Englander-style lens (simulated)Izzy Englander
Unfavorable read
Klarman-style lens (simulated)Seth Klarman
Unfavorable read
Moon AI lens (model)
Neutral read
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Neutral
Margin of Safety
Fairly Valued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →
The lenses are modelled on the published principles of the investors named. We are not affiliated with them, they have not endorsed this, and it is not their opinion of this stock.

Iterum Therapeutics plc (ITRM) Healthcare & Pipeline Overview

CEOCorey N. Fishman
Employees9
HeadquartersDublin, IE
IPO Year2018

Iterum Therapeutics plc is a clinical-stage pharmaceutical company specializing in anti-infectives, with its lead product, sulopenem, undergoing Phase III clinical trials. Targeting unmet needs in urinary tract and intra-abdominal infections, Iterum operates in a competitive biotechnology landscape, striving for regulatory approvals and market access.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: May 10, 2026

What Is the Investment Thesis for ITRM?

AI-written as of May 10, 2026 — figures and tone reflect the data available then, not today's score.

Iterum Therapeutics presents a high-risk, high-reward investment opportunity centered on the potential success of sulopenem. The company's focus on addressing antibiotic resistance in uUTI, cUTI, and cIAI aligns with a critical healthcare need. Successful completion of Phase III trials and subsequent regulatory approval for sulopenem could drive significant value. However, the company's negative profit margin of -6913.1% and gross margin of -171.3% highlight its current financial challenges. Investors should closely monitor clinical trial results, regulatory milestones, and the company's ability to secure funding to support ongoing operations and commercialization efforts. The high beta of 3.01 indicates significant volatility, making this investment suitable for risk-tolerant investors.

Based on FMP financials and quantitative analysis

ITRM Key Highlights

AI-written as of May 10, 2026 — figures and tone reflect the data available then, not today's score.

Sulopenem is in Phase III clinical trials targeting uncomplicated and complicated urinary tract infections, and complicated intra-abdominal infections.

  • The company's focus on anti-infectives addresses the growing global problem of antibiotic resistance.
  • Iterum Therapeutics operates in Ireland, Bermuda, and the United States.
  • The company has a negative profit margin of -6913.1% and a negative gross margin of -171.3%.
  • The company was incorporated in 2015 and is headquartered in Dublin, Ireland.

Who Are ITRM's Competitors?

ITRM is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
BMRN BioMarin Pharmaceutical Inc. $65.51 +1.71% $12.7B 655-pillar
ALNY Alnylam Pharmaceuticals, Inc. $247.51 -4.07% $33.1B 895-pillar
RLYB Rallybio Corporation $16.75 -1.30% $88.9M 825-pillar
ICCC ImmuCell Corporation $9.91 +0.05% $89.7M 775-pillar
ORMP Oramed Pharmaceuticals Inc. $4.74 -0.38% $194M 785-pillar
NAGE Niagen Bioscience Inc $3.04 -0.49% $242M 665-pillar
QTTB Q32 Bio Inc. $10.93 +1.96% $325M 685-pillar
NWPHF Newron Pharmaceuticals S.p.A. $20.00 0.00% $416M 689-signal

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.

What Are ITRM's Key Strengths?

Novel anti-infective compound (sulopenem).

  • Phase III clinical trials underway.
  • Addresses unmet medical needs in antibiotic resistance.
  • Oral and IV formulations offer flexibility.

What Are ITRM's Weaknesses?

Clinical-stage company with no approved products.

  • Negative profit and gross margins.
  • Reliance on successful development and approval of sulopenem.
  • Limited financial resources.

What Could Drive ITRM Stock Higher?

Announcement of Phase III clinical trial results for sulopenem in uUTI.

  • Regulatory submission to the FDA for sulopenem approval.
  • Potential partnership or licensing agreement for sulopenem commercialization.
  • Enrollment and completion of ongoing clinical trials.

What Are the Key Risks for ITRM?

Listing risk — at $0.03 the shares sit below the $1.00 minimum bid NASDAQ requires for continued listing.

  • Financial-distress signal — its Altman Z-Score of -23.98 sits in the distress zone (elevated bankruptcy risk).
  • Failure to achieve positive results in Phase III clinical trials.
  • Regulatory rejection or delays in approval of sulopenem.
  • Competition from established pharmaceutical companies with existing anti-infective products.
  • Dependence on securing additional funding to support operations.
  • Generic entry after patent expiration.

What Are the Growth Opportunities for ITRM?

  • Successful Completion and Approval of Sulopenem: The primary growth driver for Iterum is the successful completion of Phase III clinical trials and subsequent regulatory approval of sulopenem for uUTI, cUTI, and cIAI. Achieving FDA approval in the US and EMA approval in Europe would open access to a multi-billion dollar market, addressing a critical unmet need for effective treatments against resistant bacteria. Timeline: Anticipated regulatory submissions within the next 12-18 months, with potential approval by late 2027.
  • Expansion into Additional Indications: Iterum can explore expanding the use of sulopenem into additional indications beyond uUTI, cUTI, and cIAI. This could include targeting other types of bacterial infections or developing sulopenem for use in specific patient populations, such as those with compromised immune systems. Expanding the label for sulopenem would significantly increase its market potential. Timeline: Exploration of new indications could begin within 2-3 years following initial regulatory approvals.
  • Strategic Partnerships and Licensing Agreements: Iterum can pursue strategic partnerships and licensing agreements with larger pharmaceutical companies to support the commercialization of sulopenem. Partnering with a company with established sales and marketing infrastructure would accelerate market penetration and maximize revenue potential. Licensing agreements could also generate upfront payments and royalties. Timeline: Active pursuit of partnerships and licensing agreements concurrent with regulatory approval processes.
  • Development of Novel Anti-Infectives: Iterum can leverage its expertise in anti-infective drug development to develop additional novel therapies targeting other types of bacterial infections. Building a pipeline of anti-infective candidates would diversify the company's product portfolio and reduce its reliance on sulopenem. This would also enhance its long-term growth prospects. Timeline: Initiation of early-stage development programs within the next 3-5 years.
  • Geographic Expansion: Beyond the US and Europe, Iterum can expand its geographic reach to other markets, such as Asia and Latin America, where there is a growing need for effective anti-infective therapies. Entering new markets would require navigating local regulatory requirements and establishing distribution networks. However, it would significantly increase the company's addressable market. Timeline: Exploration of geographic expansion opportunities within 3-5 years following initial commercial launch.

What Are ITRM's Competitive Advantages?

  • Patent protection for sulopenem.
  • Clinical trial data demonstrating efficacy against resistant bacteria.
  • Expertise in anti-infective drug development.
  • First-mover advantage in addressing unmet needs in specific infection types.

What Does ITRM Do?

Iterum Therapeutics plc, incorporated in 2015 and headquartered in Dublin, Ireland, is a clinical-stage pharmaceutical company dedicated to developing and commercializing innovative anti-infectives. The company focuses on addressing the growing global problem of antibiotic resistance by developing new and effective therapies for multi-drug resistant organisms. Its lead product candidate, sulopenem, is a novel anti-infective compound with both oral and IV formulations. Sulopenem is currently in Phase III clinical trials for the treatment of uncomplicated urinary tract infections (uUTI), complicated urinary tract infections (cUTI), and complicated intra-abdominal infections (cIAI). These infections represent significant unmet medical needs, particularly in the face of increasing antibiotic resistance. Iterum's strategic focus is on advancing sulopenem through the regulatory approval process and preparing for its commercial launch, aiming to provide a much-needed treatment option for patients and healthcare providers. The company operates in Ireland, Bermuda, and the United States, reflecting its global ambitions and market reach.

What Products and Services Does ITRM Offer?

  • Develops and commercializes anti-infective drugs.
  • Focuses on combating multi-drug resistant organisms.
  • Conducts Phase III clinical trials for sulopenem.
  • Targets uncomplicated and complicated urinary tract infections.
  • Targets complicated intra-abdominal infections.
  • Offers both oral and IV formulations of sulopenem.
  • Aims to address unmet medical needs in infectious diseases.

How Does ITRM Make Money?

  • Develops novel anti-infective compounds.
  • Conducts clinical trials to demonstrate safety and efficacy.
  • Seeks regulatory approval from FDA and EMA.
  • Commercializes approved drugs through sales and marketing efforts.

What Industry Does ITRM Operate In?

Iterum Therapeutics operates within the biotechnology sector, specifically focusing on anti-infectives. The market for anti-infective drugs is driven by the increasing prevalence of antibiotic-resistant bacteria and the need for new treatment options. The competitive landscape includes established pharmaceutical companies and other biotechnology firms developing novel antibiotics. Iterum's success depends on its ability to navigate the complex regulatory environment, secure funding, and effectively commercialize its lead product, sulopenem. The global anti-infectives market is projected to grow, driven by the ongoing need to combat infectious diseases.

Who Are ITRM's Key Customers?

  • Hospitals and healthcare providers treating patients with bacterial infections.
  • Patients suffering from urinary tract infections and intra-abdominal infections.
  • Pharmacies dispensing anti-infective medications.
  • Government healthcare systems.
Model self-rating on this text: 71% (not a measure of the evidence) Updated: May 10, 2026

Research confidence

Low 35/100

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • Scoring coverage unknown
  • Price is current
  • No filing on record
  • Covered by analysts
FY2026 est

Forward Outlook

Wall Street analysts project Iterum Therapeutics plc revenue of about $9.4M for fiscal 2026, with EPS near $-0.31.

4/8 beats

Earnings Track Record

Iterum Therapeutics plc has beaten Wall Street's EPS estimate in 4 of its last 8 reported quarters — more hits than misses. Reported results have landed about 1.5% above estimates on average.

F-Score 4/9

Financial Health

Iterum Therapeutics plc's Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -23.98 places it in the distress zone, a signal of elevated financial risk.

ROE 442%

Key Financial Metrics

Return on equity for Iterum Therapeutics plc stands at 442.3%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -62.7%, showing how much profit it generates from its asset base. A current ratio of 2.13 indicates the company holds enough short-term assets to cover its near-term obligations.

Iterum Therapeutics plc (ITRM) Valuation Context

Valued at $1.60M, ITRM is classified as a micro-cap stock.

ITRM Revenue & Earnings Trend

In Sep 2025, ITRM generated $390K in top-line revenue. The company recorded a net loss of $9.0M, with diluted EPS of $-0.20. Quarter-over-quarter revenue has been mixed, typical for a micro-cap company operating in Healthcare. Across the four most recent quarters, ITRM averaged $-0.21 in diluted EPS.

Company Profile

Iterum Therapeutics plc operates in the Biotechnology industry within the Healthcare sector. It is headquartered in Dublin, IE. The company is led by CEO Corey N. Fishman. ITRM has traded publicly since 2018.

ITRM Financials

Fundamental Snapshot

Net Income Growth (FY)
+35.4%
EPS Growth (FY)
+57.4%
Free Cash Flow Growth (FY)
+32.0%
Return on Equity (TTM)
+442.3%
Current Ratio
2.1

Based on FMP financials and quantitative analysis · FY 2024

Bull Case vs Bear Case

Bull Case

  • Novel anti-infective compound (sulopenem).
  • Phase III clinical trials underway.
  • Addresses unmet medical needs in antibiotic resistance.
  • Oral and IV formulations offer flexibility.

Bear Case

  • Clinical-stage company with no approved products.
  • Negative profit and gross margins.
  • Reliance on successful development and approval of sulopenem.
  • Limited financial resources.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · May 2026

Recent Quarterly Results

Quarter Revenue Net Income EPS
Sep 2025 $390,000 -$9M -$0.20
Jun 2025 $0 -$7M -$0.16
Mar 2025 $0 -$5M -$0.14
Dec 2024 $0 -$7M -$0.33

Based on FMP financials and quantitative analysis

ITRM Latest News

Leadership: Corey N. Fishman

Chief Executive Officer

Corey N. Fishman serves as the Chief Executive Officer of Iterum Therapeutics plc. His background includes extensive experience in the pharmaceutical industry, with a focus on commercialization and strategic development. Prior to joining Iterum, he held leadership positions at various pharmaceutical companies, overseeing product launches and market access strategies. Fishman's expertise spans across multiple therapeutic areas, including infectious diseases. He is responsible for guiding Iterum's overall strategy and operations.

Track Record: Under Corey Fishman's leadership, Iterum Therapeutics has focused on advancing sulopenem through Phase III clinical trials. Key milestones include initiating and completing patient enrollment in pivotal trials and preparing for regulatory submissions. Fishman has also been instrumental in securing funding to support the company's clinical development programs. His strategic decisions have positioned Iterum to potentially address a significant unmet need in the treatment of antibiotic-resistant infections.

Common Questions About ITRM (Healthcare)

What happened to Iterum Therapeutics plc (ITRM) stock?

Iterum Therapeutics plc (ITRM) no longer trades on public markets. It was delisted in April 2026. The figures below are historical and are not a current quote.

Can I still buy ITRM shares?

No. ITRM stopped trading on public markets in April 2026, so the shares are not available through a broker. Anything you see quoted for ITRM elsewhere is historical data, not a live market.

Are the figures on this page current?

No. Every number here is the last value recorded before ITRM stopped trading. Nothing on this page updates, and none of it is a current quote.

Why does this page still exist?

Because people still search for what happened to Iterum Therapeutics plc. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.

What does Iterum Therapeutics plc do?

Iterum Therapeutics plc is a clinical-stage pharmaceutical company focused on developing and commercializing anti-infectives to combat the growing threat of antibiotic resistance. Their lead product, sulopenem, is a novel anti-infective compound currently in Phase III clinical trials.

What are the main risks for ITRM?

Iterum Therapeutics faces several key risks inherent to its stage and industry. Clinical trial risk is paramount, as the failure to achieve positive results in Phase III trials for sulopenem would significantly impact the company's prospects.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Analysis updated
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Information is based on publicly available sources and may be subject to change.
  • The analysis is for informational purposes only and does not constitute investment advice.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis

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