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NKTR Overview

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$
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0.000(0.000%)
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0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
80.950
Open
79.650
VWAP
78.76
Vol
1.75M
Mkt Cap
2.66B
Low
76.610
Amount
137.68M
EV/EBITDA(TTM)
--
Total Shares
33.79M
EV
2.26B
EV/OCF(TTM)
--
P/S(TTM)
28.74
Nektar Therapeutics is a clinical-stage biotechnology company. It is focused on developing treatments that address the underlying immunological dysfunction in autoimmune and chronic inflammatory diseases. In oncology, it is focused on developing medicines based on targeting biological pathways that stimulate and sustain the body’s immune response to fight cancer. Its lead product candidate, rezpegaldesleukin (REZPEG, or NKTR-358), is a novel regulatory T cell stimulator being evaluated in two Phase IIb clinical trials, one in atopic dermatitis and one in alopecia areata. Its pipeline also includes a preclinical bivalent tumor necrosis factor receptor type II (TNFR2) antibody and bispecific programs, NKTR-0165 and NKTR-0166, and a modified hematopoietic colony stimulating factor (CSF) protein, NKTR-422. It is also evaluating NKTR-255, an investigational IL-15 receptor agonist designed to boost the immune system's natural ability to fight cancer, in several ongoing clinical trials.
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Events Timeline

(ET)
2026-05-07
16:50:00
Nektar Reports Q1 Revenue of $10.86M, Exceeding Expectations
select
2026-04-22 (ET)
2026-04-22
06:30:00
Deal Size Increased to $325M in Common Stock
select
2026-04-20 (ET)
2026-04-20
16:30:00
Major Averages Decline Amid Escalating Tensions with Iran
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2026-04-20
16:10:00
Nektar Therapeutics Launches $250M Public Offering
select
2026-04-20
12:10:00
Nektar Stock Rises 28.2% to $108.83
select
2026-04-20
12:00:00
Major Averages Decline Amid Rising Tensions with Iran
select

News

seekingalpha
9.5
05-08seekingalpha
Nektar Therapeutics Q1 2026 Earnings Call Highlights
  • Accelerated R&D Progress: Nektar plans to initiate the ZENITH-AD Phase III clinical trial for moderate to severe atopic dermatitis by July 2026, with the first data expected in mid-2028, thereby laying the groundwork for a BLA submission in 2029.
  • Improved Financial Position: As of Q1 2026, Nektar reported cash and investments totaling $731.6 million, with expectations to increase to $800 million to $825 million by year-end 2026, demonstrating strong financing capabilities.
  • R&D Expense Increase: R&D expenses are projected to rise quarterly in 2026, with Q1 expenditures at $35.7 million, reflecting ongoing investments in clinical trials that may impact future profitability.
  • Management Transition: Current CFO Sandra Gardiner will retire on May 15, with Linda Rubinstein taking over, which could influence the company's strategic direction and execution capabilities.
NASDAQ.COM
2.0
05-07NASDAQ.COM
Nektar (NKTR) Q1 2026 Earnings Transcript
PRnewswire
9.5
05-07PRnewswire
Nektar Therapeutics Reports Q1 2026 Financial Results and Milestones
  • Significant Cash Growth: As of March 31, 2026, Nektar's cash and marketable securities totaled $731.6 million, a substantial increase from $245.8 million on December 31, 2025, indicating a strengthened financial position that supports future R&D and clinical trials.
  • Increased R&D Spending: The R&D expense for Q1 2026 was $35.7 million, up from $30.5 million in Q1 2025, primarily to support the Phase 3 clinical trial in atopic dermatitis, demonstrating the company's ongoing commitment to critical product development.
  • Decreased Operating Costs: Total operating costs in Q1 2026 were $49.9 million, down from $55.0 million in Q1 2025, mainly due to reduced general and administrative expenses, which provides a solid foundation for cost control.
  • Reduced Net Loss: The net loss for Q1 2026 was $44.9 million, or $1.82 per share, compared to a net loss of $50.9 million or $3.62 per share in Q1 2025, reflecting positive changes in the company's financial performance.
Globenewswire
7.0
05-05Globenewswire
Nektar Therapeutics Class Action Reminder
  • Lawsuit Background: Nektar Therapeutics is facing a class action lawsuit due to the failure of its REZOLVE-AA trial results announced on December 16, 2025, which led to a 7.8% drop in stock price to $49.16 per share, resulting in investor losses.
  • Trial Issues: The lawsuit alleges that Nektar did not follow applicable enrollment instructions and protocol standards in the REZOLVE-AA trial, which overstated the trial's overall integrity and prospects, adversely affecting investor decisions.
  • Investor Rights: Affected investors must file a motion to be appointed as lead plaintiff in the class action by May 5, 2026, highlighting the importance of investor protection in the face of misleading corporate statements.
  • Legal Consultation: Glancy Prongay Wolke & Rotter LLP offers legal consultation services, and investors can contact them via email or phone for more information to ensure their rights are protected.
Globenewswire
7.0
05-05Globenewswire
Class Action Filed Against Nektar Therapeutics for Securities Violations
  • Class Action Initiated: Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against Nektar Therapeutics, seeking damages for investors who purchased securities between February 26, 2025, and December 25, 2025, highlighting significant investor concerns regarding the company's compliance and operational transparency.
  • Detailed Allegations: The complaint alleges that Nektar failed to adhere to applicable instructions and protocol standards in the REZOLVE-AA trial, which could significantly impact trial results, indicating serious management deficiencies in critical R&D projects that undermine investor confidence.
  • Investor Rights Protection: Investors are encouraged to apply to be lead plaintiffs by May 5, 2026, demonstrating the legal team's commitment to safeguarding investor rights while reflecting uncertainty about the company's future prospects.
  • Transparent Legal Fees: Bronstein, Gewirtz & Grossman, LLC states they will represent investors on a contingency fee basis, only charging fees upon successful recovery, thereby reducing the financial burden on investors and enhancing the appeal of participating in the lawsuit.
PRnewswire
7.0
05-05PRnewswire
Faruqi & Faruqi Investigates Nektar Investor Claims
  • Legal Investigation Launched: Faruq & Faruqi, LLP is investigating potential claims against Nektar Therapeutics, focusing on investors who purchased or acquired Nektar securities between February 26, 2025, and December 15, 2025, indicating possible legal risks for the company.
  • Investor Rights Reminder: The firm reminds investors that May 5, 2026, is the deadline to seek the role of lead plaintiff in a federal securities class action against Nektar, emphasizing the importance of timely action to protect investor rights.
  • Direct Contact Channels: Investors who suffered losses can contact Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss their legal options, providing a convenient consultation avenue.
  • Potential Impact Assessment: This investigation may negatively affect Nektar's stock price and corporate reputation, prompting investors to monitor developments closely to assess their investment risks.
Wall Street analysts forecast NKTR stock price to rise
8 Analyst Rating
Wall Street analysts forecast NKTR stock price to rise
8 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
102.00
Averages
123.43
High
165.00
Current: 0.000
sliders
Low
102.00
Averages
123.43
High
165.00
Wedbush
Martin Fan
Neutral
downgrade
$95 -> $80
AI Analysis
2026-05-11
New
Reason
Wedbush
Martin Fan
Price Target
$95 -> $80
AI Analysis
2026-05-11
New
downgrade
Neutral
Reason
Wedbush analyst Martin Fan lowered the firm's price target on Nektar to $80 from $95 and keeps a Neutral rating on the shares. The firm notes the company reported earnings and reiterated guidance across programs, including initiation of the Phase 3 ZENITH-AD program of rezpegaldesleukin for atopic dermatitis by July 2026. Wedbush remains skeptical on first-line market penetration considering the established position of Dupixent and the likely availability of biosimilars within two years of a rezpegaldesleukin launch.
Piper Sandler
Yasmeen Rahimi
maintain
$105 -> $192
2026-05-08
New
Reason
Piper Sandler
Yasmeen Rahimi
Price Target
$105 -> $192
2026-05-08
New
maintain
Reason
Piper Sandler analyst Yasmeen Rahimi raised the firm's price target on Nektar to $192 from $105 and keeps an Overweight rating on the shares. The firm notes the company reported Q1 earnings, and importantly updated on REZPEG's Phase 3 ZENITH-AD program design. Accordingly, ZENITH-AD will include five total trials, with the two biologic-naive AD studies to kick-off July 2026 with first ZENITH-AD readout mid-2028. Further, ZENITH-AD includes a third trial in biologic-experienced AD patients with initiation a "few months after" biologic-naive.
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Valuation Metrics

The current forward P/E ratio for Nektar Therapeutics (NKTR.O) is 34.01, compared to its 5-year average forward P/E of -0.49. For a more detailed relative valuation and DCF analysis to assess Nektar Therapeutics's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-0.49
Current PE
34.01
Overvalued PE
7.67
Undervalued PE
-8.65

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-4.42
Current EV/EBITDA
-20.11
Overvalued EV/EBITDA
8.17
Undervalued EV/EBITDA
-17.01

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
11.83
Current PS
70.90
Overvalued PS
26.42
Undervalued PS
-2.77

Financials

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Whales Holding NKTR

T
Two Seas Capital LP
Holding
NKTR
+15.21%
3M Return
B
BVF Partners L.P.
Holding
NKTR
+8.40%
3M Return
A
Armistice Capital LLC
Holding
NKTR
+5.94%
3M Return
S
Sofinnova Investment, Inc.
Holding
NKTR
+1.58%
3M Return

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Frequently Asked Questions

What is Nektar Therapeutics (NKTR) stock price today?

The current price of NKTR is 78.72 USD — it has decreased -3.87

What is Nektar Therapeutics (NKTR)'s business?

Nektar Therapeutics is a clinical-stage biotechnology company. It is focused on developing treatments that address the underlying immunological dysfunction in autoimmune and chronic inflammatory diseases. In oncology, it is focused on developing medicines based on targeting biological pathways that stimulate and sustain the body’s immune response to fight cancer. Its lead product candidate, rezpegaldesleukin (REZPEG, or NKTR-358), is a novel regulatory T cell stimulator being evaluated in two Phase IIb clinical trials, one in atopic dermatitis and one in alopecia areata. Its pipeline also includes a preclinical bivalent tumor necrosis factor receptor type II (TNFR2) antibody and bispecific programs, NKTR-0165 and NKTR-0166, and a modified hematopoietic colony stimulating factor (CSF) protein, NKTR-422. It is also evaluating NKTR-255, an investigational IL-15 receptor agonist designed to boost the immune system's natural ability to fight cancer, in several ongoing clinical trials.

What is the price predicton of NKTR Stock?

Wall Street analysts forecast NKTR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NKTR is123.43 USD with a low forecast of 102.00 USD and a high forecast of 165.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Nektar Therapeutics (NKTR)'s revenue for the last quarter?

Nektar Therapeutics revenue for the last quarter amounts to 10.86M USD, increased 3.83

What is Nektar Therapeutics (NKTR)'s earnings per share (EPS) for the last quarter?

Nektar Therapeutics. EPS for the last quarter amounts to -1.82 USD, decreased -49.72

How many employees does Nektar Therapeutics (NKTR). have?

Nektar Therapeutics (NKTR) has 63 emplpoyees as of May 12 2026.

What is Nektar Therapeutics (NKTR) market cap?

Today NKTR has the market capitalization of 2.66B USD.