NKTR — NEKTAR THERAPEUTICS

Nasdaq · Health Care · Pharmaceuticals · CIK 906709 ·
Last close
$73.69
Market Cap
$2.52B
52W High
$77.23
52W Low
$54.13
ADV30
671,814
Next earnings
2026-11-12
Nektar Therapeutics, a biopharmaceutical company, focuses on discovering and developing medicines in the field of immunotherapy in the United States and internationally. It develops rezpegaldesleukin, which is in Phase 2b to treat underlying immune system imbalance in people with autoimmune disorders and inflammatory diseases; NKTR-0165 to treat ulcerative colitis, vitiligo, and multiple sclerosis; NKTR-0166 to treat autoimmune disease; NKTR-422 to treat fibrotic diseases; and NKTR-255 to treat solid tumors and large b-cell lymphoma. It has collaboration agreements with Takeda Pharmaceutical Company Ltd.; AstraZeneca AB; UCB Pharma; F. Hoffmann-La Roche Ltd; Bausch Health Companies Inc.; Pfizer Inc.; UCB Pharma (Biogen); Bristol-Myers Squibb Company; and Merck KGaA. The company was incorporated in 1990 and is headquartered in San Francisco, California.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 10,861,000 -38,258,000 -44,904,000 763,271,000 149,578,000 187,055,000
Dec 2025 21,807,000 21,807,000 -19,090,000 -36,079,000 280,406,000 15,116,000 190,574,000
Sep 2025 11,790,000 11,790,000 -31,532,000 -35,522,000 301,347,000 41,032,000 216,261,000
Jun 2025 11,175,000 11,175,000 -35,783,000 -41,593,000 207,534,000 42,988,000 231,745,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$-203,756,000
Investing CF
$-395,675,000
Financing CF
$710,108,000
CapEx
$-187,000
Dividends Paid
Buybacks
$0
EPS Diluted TTM
$-8.42
As of
2026-08-16

Balance + Analyst (yfinance extras)

Retained Earnings
$-3,805,190,000
Inventory
$0
Receivables
$3,600,000
ST Investments
$419,026,000
EBIT TTM
$-123,056,000
Pretax Income TTM
$-152,208,000
Interest Exp TTM
$29,152,000
Analysts
9

Yahoo Snapshot (yfinance, live)

Total Revenue
$54,589,000
EBITDA
$-129,950,000
Free Cash Flow
$-134,766,368
Enterprise Value
$1,967,590,272
Total Cash
$684,340,992
Total Debt
$135,934,000
Shares Out
34,142,994
Trailing EPS
$-6.09
Book Value
$26.46
ROE
-35.8%
ROA
-12.5%
Div Yield

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 55,232,000 -130,771,000 -164,076,000 280,406,000 190,574,000 -208,511,000
Dec 2024 98,427,000 -129,918,000 -118,961,000 303,850,000 243,113,000 -175,709,000
Dec 2023 90,122,000 -135,225,000 -276,056,000 398,033,000 267,046,000 -192,606,000
Dec 2022 92,055,000 -240,236,000 -368,198,000 710,600,000 343,962,000 -304,007,000

TTM Snapshot

Revenues TTM
$105,757,000
NetIncome TTM
$-495,945,000
OpCashFlow TTM
$0
Assets (Latest)
$710,600,000
Forward EPS
$-10.84

Max Pain — expiry 2026-09-18

max pain strike: $50.00 · spot: $73.69 · call oi: 7,036 · put oi: 0
Expected Move to 2026-09-18: ±$10.39 (14.10%) — implied range $63.30$84.08 · ATM straddle on $75.00 strike

Peers — same industry

TickerNameMarket CapLastDaily %
BHC Bausch Health Companies Inc. $2.50B $6.68
RARE Ultragenyx Pharmaceutical Inc. $2.54B $25.72
PGEN PRECIGEN, INC. $2.56B $7.17
PBH Prestige Consumer Healthcare Inc. $2.46B $52.02
TRVI Trevi Therapeutics, Inc. $2.58B $18.08

News headlines (Yahoo Finance, 1h cache)

Nektar (NKTR) Q2 2026 Earnings Call Transcript
2026-08-20 23:34 · Yahoo
Nektar Therapeutics (NKTR) Could Be 52% Undervalued After Q2 Earnings Surprise
2026-08-15 02:09 · Yahoo
Nektar Therapeutics (NKTR) Stock Looks Stretched Despite New Phase 3 Trial Launch
2026-08-14 15:12 · Yahoo
Nektar Therapeutics (NKTR) (Q2 2026) Earnings Call Highlights: Respeg Phase 3 Momentum and ...
2026-08-14 05:01 · Yahoo
Nektar Therapeutics Announces Second Quarter 2026 Financial Results
2026-08-13 20:15 · Yahoo
Nektar Therapeutics to Announce Financial Results for the Second Quarter on Thursday, August 13, 2026, After Close of U.S.-Based Financial Markets
2026-07-28 22:00 · Yahoo
Nektar Therapeutics Announces Start of Phase 3 ZENITH AD Program Evaluating Novel Regulatory T-Cell Biologic Rezpegaldesleukin in Moderate-to-Severe Atopic Dermatitis
2026-07-21 11:00 · Yahoo
NKTR Stock Clocks Best Day In Over 2 Months As Investors Await Upcoming Clinical Data In Eczema
2026-07-03 00:41 · Yahoo
Nektar Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
2026-06-26 20:30 · Yahoo
What a $1.2 Million Insider Sale Means for Nektar With Shares Up 160% This Past Year
2026-06-24 19:59 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.