
Nektar Therapeutics
NKTRNASDAQHealthcareBiotechnology
Previous close
$74.02
−$0.51 · -0.68%
NKTR company overview
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GoAI snapshot
AI-powered factor overview
GoAI score
Hold
Wait — insufficient conviction to act
Valuation
42
Fair Value
Momentum
56
Neutral
Sentiment
52
Mixed
Risk resilience
43
Elevated Risk
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Company profile
Company websiteNektar Therapeutics is a biopharmaceutical firm dedicated to the global discovery and advancement of therapies addressing significant unmet medical requirements. Central to its robust pipeline is Bempegaldesleukin, a CD122-preferential interleukin-2 (IL-2) pathway agonist. This drug is currently in Phase 3 clinical trials for metastatic melanoma, renal cell carcinoma, muscle-invasive bladder cancer, head and neck squamous cell carcinoma, and adjuvant melanoma. It is also being evaluated in Phase 2 for renal cell carcinoma, non-small cell lung cancer, and urothelial cancer; Phase 1/2A for head and neck squamous cell carcinoma; Phase 1/2 for various solid tumors; and Phase 1B for COVID-19. Additionally, Nektar is developing NKTR-358, a cytokine Treg stimulant, which is in Phase 2 trials for systemic lupus erythematosus and ulcerative colitis, and Phase 1B for atopic dermatitis and psoriasis. Their portfolio further includes NKTR-255, an IL-15 receptor agonist, undergoing Phase 1/2 trials for non-Hodgkin's lymphoma, multiple myeloma, head and neck cancer, and colorectal cancer. Another investigational compound, NKTR-262, a toll-like receptor agonist, is in Phase 1/2 trials for solid tumors. The company is also advancing several other drug candidates. Nektar Therapeutics maintains strategic collaboration agreements with a multitude of pharmaceutical entities, including Takeda Pharmaceutical Company Ltd., AstraZeneca AB, UCB Pharma S.A., F. Hoffmann-La Roche Ltd, Bausch Health Companies Inc., Pfizer Inc., Amgen Inc., UCB Pharma (Biogen), Bristol-Myers Squibb Company, Baxalta Incorporated, Eli Lilly and Company, Merck KGaA, and SFJ Pharmaceuticals, Inc. Established in 1990, Nektar Therapeutics is headquartered in San Francisco, California.
- Industry
- Biotechnology
- Sector
- Healthcare
- Headquarters
- US
- CEO
- Howard W. Robin
- Listed since
- May 3, 1994
- Employees
- 63
Market position
Day range
Current $74.02
52-week range
Current $74.02
- Open
- $75.045
- Previous close
- $74.53
- Volume
- 614.08K
- 0.61× average
- Average volume
- 1.01M
- Average daily volume
- Market cap
- 2.12B USD
- Beta
- 1.16
- Market reference 1
- 50-day average
- $69.3652
- +6.71% above average
- 200-day average
- $64.0639
- +15.54% above average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 847.09M USD
- P/E (TTM)
- -11.05×
- P/B (TTM)
- 2.71×
- P/S (TTM)
- 38.9×
- EV / EBITDA
- -6.18×
- Earnings yield
- -23.00%
- Free cash flow yield
- -29.26%
- Dividend yield
- 0.00%
Profitability & efficiency
- Gross margin
- 99.36%
- Operating margin
- -240.38%
- Net margin
- -287.84%
- Return on equity
- -182.65%
- Return on assets
- -58.51%
- Return on invested capital
- -52.82%
Financial health
- Debt / equity
- 0.15×
- Current ratio
- 4.97×
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 55.23M USD | 98.43M USD | 90.12M USD | 92.06M USD | 101.91M USD |
| Cost of goods sold | — | 30.69M USD | 36.64M USD | 21.64M USD | 24.9M USD |
| Gross profit | 55.23M USD | 67.74M USD | 53.48M USD | 70.42M USD | 77.01M USD |
| Research and development | 117.33M USD | 120.91M USD | 114.16M USD | 218.32M USD | 400.27M USD |
| Selling, general, and administrative | 68.67M USD | 76.75M USD | 77.42M USD | 92.33M USD | 122.84M USD |
| Operating expenses | 186M USD | 172.94M USD | 190.9M USD | 310.66M USD | 523.11M USD |
| Interest income | 10.44M USD | 14.5M USD | 19.01M USD | 6.78M USD | 2.73M USD |
| Interest expense | 26.18M USD | 28.11M USD | 25.33M USD | 28.91M USD | 47.31M USD |
| Depreciation and amortization | 1.03M USD | 4.39M USD | 7.82M USD | 12.2M USD | 14.15M USD |
| Operating income | −130.77M USD | −105.2M USD | −137.43M USD | −240.24M USD | −446.1M USD |
| Net income | −164.08M USD | −118.96M USD | −276.06M USD | −368.2M USD | −523.84M USD |
Company facts updated Aug 24, 2026.
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Analyst price target
Average target
$150
102.65% upsideNKTR news
NKTR peers
ETFs holding NKTR
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Morningstar Total Stock Market ETFVTI76.28M0.00%2.3T USD0.03%$378.24+0.44%
iShares Russell 2000 ETFIWM65.76M0.08%81.62B USD0.19%$299.96+0.77%
Vanguard Extended Market ETFVXF27.54M0.03%93.7B USD0.05%$245.53+0.82%
iShares Russell 2000 Growth ETFIWO21.26M0.14%15.16B USD0.24%$387.37+1.24%
Vanguard Russell 2000 ETFVTWO13.67M0.08%17.4B USD0.06%$121.25+0.74%
Schwab U.S. Small-Cap ETFSCHA12.07M0.05%23.1B USD0.03%$34.83+0.52%
State Street SPDR S&P Pharmaceuticals ETFXPH10.47M1.87%560.87M USD0.35%$72.80+0.71%
iShares U.S. Pharmaceuticals ETFIHE9.28M0.54%1.74B USD0.37%$106.79+1.01%
Vanguard Morningstar Total Stock Market ETFVTI- Market value
- 76.28M
- Weight
- 0.00%
- AUM
- 2.3T USD
- Expense ratio
- 0.03%
- Price / 1D
- $378.24+0.44%
iShares Russell 2000 ETFIWM- Market value
- 65.76M
- Weight
- 0.08%
- AUM
- 81.62B USD
- Expense ratio
- 0.19%
- Price / 1D
- $299.96+0.77%
Vanguard Extended Market ETFVXF- Market value
- 27.54M
- Weight
- 0.03%
- AUM
- 93.7B USD
- Expense ratio
- 0.05%
- Price / 1D
- $245.53+0.82%
iShares Russell 2000 Growth ETFIWO- Market value
- 21.26M
- Weight
- 0.14%
- AUM
- 15.16B USD
- Expense ratio
- 0.24%
- Price / 1D
- $387.37+1.24%
Vanguard Russell 2000 ETFVTWO- Market value
- 13.67M
- Weight
- 0.08%
- AUM
- 17.4B USD
- Expense ratio
- 0.06%
- Price / 1D
- $121.25+0.74%
Schwab U.S. Small-Cap ETFSCHA- Market value
- 12.07M
- Weight
- 0.05%
- AUM
- 23.1B USD
- Expense ratio
- 0.03%
- Price / 1D
- $34.83+0.52%
State Street SPDR S&P Pharmaceuticals ETFXPH- Market value
- 10.47M
- Weight
- 1.87%
- AUM
- 560.87M USD
- Expense ratio
- 0.35%
- Price / 1D
- $72.80+0.71%
iShares U.S. Pharmaceuticals ETFIHE- Market value
- 9.28M
- Weight
- 0.54%
- AUM
- 1.74B USD
- Expense ratio
- 0.37%
- Price / 1D
- $106.79+1.01%
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