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Nektar Therapeutics (NKTR)

NASDAQ: NKTR · USD

$38.5

+0.56 (+1.5%)· Recorded snapshot

Market cap	1.3B
Revenue (ttm)	54.6M
Net income (ttm)	-157.1M
EPS (ttm)	-$6.47
Shares out	34.1M
Volume	290,492
Beta	1.27

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 54.6M
Net income (ttm): -157.1M
EPS (ttm): -$6.47
Market cap: 1.3B

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
EXAS	Exact Sciences Corp	—	—	—	—	—	—	Mantenere

Metric	Value
Amount currency	USD
CIK code	0000906709
Company name	Nektar Therapeutics
Country	United States
Country code	US
CUSIP number	640268306
Earnings date	2026-11-12
Earnings time	amc
Employees	63
Employees change	2
Employees growth	3.28%
Enterprise value	$767.1M
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	1990
In index	RUSSELL2000
Industry	Biotechnology
IPO date	1994-05-03
Is primary listing	Yes
Is SPAC	No
ISIN number	US6402683063
Last 10-K release date	2026-03-13
Last earnings date	2026-08-13
Last refreshed	2026-10-28
Last stock split date	2025-06-09
Last stock split type	Reverse
Market cap	$1.3B
Market cap category	Small-Cap
Next earnings date	2026-11-12
Options	Yes
Price	$38.53
Price currency	USD
Sector	Healthcare
SIC code	2834
Stock price date	2026-10-28
Symbol	NKTR
U.S. state	California
Website	https://www.nektar.com

Metric

Value

Amount currency

USD

CIK code

0000906709

Company name

Nektar Therapeutics

Country

United States

Country code

CUSIP number

640268306

Earnings date

2026-11-12

Earnings time

amc

Employees

Employees change

Employees growth

3.28%

Enterprise value

$767.1M

Exchange

NASDAQ

Financial currency

USD

Financial report date

2026-06-30

First seen

2026-05-09

Fiscal year end

December

Founded

1990

In index

RUSSELL2000

Industry

Biotechnology

IPO date

1994-05-03

Is primary listing

Yes

Is SPAC

ISIN number

US6402683063

Last 10-K release date

2026-03-13

Last earnings date

2026-08-13

Last refreshed

2026-10-28

Last stock split date

2025-06-09

Last stock split type

Reverse

Market cap

$1.3B

Market cap category

Small-Cap

Next earnings date

2026-11-12

Options

Yes

Price

$38.53

Price currency

USD

Sector

Healthcare

SIC code

2834

Stock price date

2026-10-28

Symbol

NKTR

U.S. state

California

Website

https://www.nektar.com

Metric	Value
Earnings yield	-16.79%
EV/Sales	13.72x
FCF / EV yield	-31.34%
FCF yield	-18.09%
Forward EV/Sales	18.16x
Forward P/S	31.46x
P/B ratio	1.43x
P/S ratio	23.77x
Price / tangible book value	1.44x
Sector forward P/E	23.56x
Sector P/E	50.13x

Metric

Value

Earnings yield

-16.79%

EV/Sales

13.72x

FCF / EV yield

-31.34%

FCF yield

-18.09%

Forward EV/Sales

18.16x

Forward P/S

31.46x

P/B ratio

1.43x

P/S ratio

23.77x

Price / tangible book value

1.44x

Sector forward P/E

23.56x

Sector P/E

50.13x

Metric	Value
EBIT margin	-239.32%
EBITDA margin	-238.05%
Gross margin	100%
Operating margin	-239.32%
Pretax margin	-287.72%
Profit margin	-287.84%
Profit per employee	$-2.5M
Revenue per employee	$866,492
ROA	-12.54%
ROA (5Y)	-20.76%
ROCE	-12.76%
ROE	-35.75%
ROE (5Y)	-116.6%
ROIC	-51.66%
SBC / revenue	21.95%
Tax / revenue	0.12%

Metric

Value

EBIT margin

-239.32%

EBITDA margin

-238.05%

Gross margin

100%

Operating margin

-239.32%

Pretax margin

-287.72%

Profit margin

-287.84%

Profit per employee

$-2.5M

Revenue per employee

$866,492

ROA

-12.54%

ROA (5Y)

-20.76%

ROCE

-12.76%

ROE

-35.75%

ROE (5Y)

-116.6%

ROIC

-51.66%

SBC / revenue

21.95%

Tax / revenue

0.12%

Metric	Value
EPS growth quarters	2
EPS growth years	0
Gross profit growth	-12.69%
Gross profit growth (Q)	-9.34%
Gross profit growth 3Y	-4.4%
Gross profit growth 5Y	-7.85%
Net income growth quarters	2
Net income growth years	0
Revenue growth	-27.15%
Revenue growth (Q)	-9.34%
Revenue growth (QoQ)	-6.72%
Revenue growth 10Y	-11.77%
Revenue growth 3Y	-14.63%
Revenue growth 5Y	-12.34%
Revenue growth years	0

Metric

Value

EPS growth quarters

EPS growth years

Gross profit growth

-12.69%

Gross profit growth (Q)

-9.34%

Gross profit growth 3Y

-4.4%

Gross profit growth 5Y

-7.85%

Net income growth quarters

Net income growth years

Revenue growth

-27.15%

Revenue growth (Q)

-9.34%

Revenue growth (QoQ)

-6.72%

Revenue growth 10Y

-11.77%

Revenue growth 3Y

-14.63%

Revenue growth 5Y

-12.34%

Revenue growth years

Metric	Value
Capital expenditures	$-941,000
Depreciation and amortization	$693,000
EBIT	$-130.6M
EBITDA	$-130M
EPS	$-6.47
FCF per share	$-6.87
Financing cash flow	$1.1B
Free cash flow	$-234.7M
Free cash flow minus SBC	$-246.7M
Gross profit	$54.6M
Income taxes	$64,000
Investing cash flow	$-844.4M
Net borrowing	$287.5M
Net cash flow	$-3.7M
Net income	$-157.1M
Operating cash flow minus SBC	$-245.8M
Operating income	$-130.6M
Revenue	$54.6M
Stock-based compensation	$12M

Metric

Value

Capital expenditures

$-941,000

Depreciation and amortization

$693,000

EBIT

$-130.6M

EBITDA

$-130M

EPS

$-6.47

FCF per share

$-6.87

Financing cash flow

$1.1B

Free cash flow

$-234.7M

Free cash flow minus SBC

$-246.7M

Gross profit

$54.6M

Income taxes

$64,000

Investing cash flow

$-844.4M

Net borrowing

$287.5M

Net cash flow

$-3.7M

Net income

$-157.1M

Operating cash flow minus SBC

$-245.8M

Operating income

$-130.6M

Revenue

$54.6M

Stock-based compensation

$12M

Metric	Value
Altman Z-Score	-0.21
Book value per share	$26.46
Debt / equity	0.15
Interest coverage	-4.22
Long-term assets	$355.7M
Long-term liabilities	$121M
Net cash (debt)	$548.4M
Net cash / market cap	42.27%
Net debt / equity	-0.61
Piotroski F-Score	3
Shareholders' equity	$903.1M
Tangible book value	$903.1M
Tangible book value per share	$26.46
Total assets	$1.1B
Total cash	$684.3M
Total debt	$135.9M
Total liabilities	$192M
WACC	11.89%

Metric

Value

Altman Z-Score

-0.21

Book value per share

$26.46

Debt / equity

0.15

Interest coverage

-4.22

Long-term assets

$355.7M

Long-term liabilities

$121M

Net cash (debt)

$548.4M

Net cash / market cap

42.27%

Net debt / equity

-0.61

Piotroski F-Score

Shareholders' equity

$903.1M

Tangible book value

$903.1M

Tangible book value per share

$26.46

Total assets

$1.1B

Total cash

$684.3M

Total debt

$135.9M

Total liabilities

$192M

WACC

11.89%

Metric	Value
Asset turnover	0.08
Current assets	$739.4M
Current liabilities	$71M
Current ratio	10.42
Net working capital	$6.8M
Quick ratio	9.71
Working capital	$668.4M
Working capital turnover	0.14

Metric

Value

Asset turnover

0.08

Current assets

$739.4M

Current liabilities

$71M

Current ratio

10.42

Net working capital

$6.8M

Quick ratio

9.71

Working capital

$668.4M

Working capital turnover

0.14

Metric	Value
Buyback yield / dilution	-73.25%
Dividend yield	0%
Shareholder yield	-73.25%

Metric

Value

Buyback yield / dilution

-73.25%

Dividend yield

Shareholder yield

-73.25%

Metric	Value
10Y price change	-79.25%
10Y return CAGR	-14.55%
10Y total return	-79.25%
150-day SMA	$67.29
15Y price change	-54.03%
15Y return CAGR	-5.05%
15Y total return	-54.03%
1D price change	1.47%
1M price change	-33.18%
1M total return	-33.18%
1W price change	-2.78%
1W total return	-2.78%
1Y price change	-39.06%
1Y return CAGR	-39.08%
1Y total return	-39.06%
20-day SMA	$39.33
200-day SMA	$64.98
20Y price change	-82.6%
20Y return CAGR	-8.37%
20Y total return	-82.6%
3M price change	-46.56%
3M total return	-46.56%
3Y price change	436.51%
3Y return CAGR	75.04%
3Y total return	436.51%
50-day SMA	$57.13
50-day SMA vs 200-day SMA	50under200
52-week high	$109.00
52-week high date	2026-04-20
52-week low	$33.40
52-week low date	2026-01-30
5Y price change	-84.03%
5Y return CAGR	-30.72%
5Y total return	-84.03%
6M price change	-56.04%
6M total return	-56.04%
All-time high	$1,670.40
All-time high date	2018-03-12
All-time low	$6.19
All-time low date	2023-11-13
Average true range (ATR)	$2.43
Average volume	1.4M
Beta (1Y)	0.88
Beta (2Y)	3.56
Beta (5Y)	1.27
Change from 52-week high	-64.65%
Change from 52-week low	15.36%
Change from all-time high	-97.72%
Change from all-time low	516.09%
Change from open	2.07%
Day's gap	-0.58%
Dollar volume	$11.2M
High price	$38.56
Low price	$37.63
Monthly RSI	44.9
Open price	$37.75
Position in 52-week range	96.77%
Premarket change	0.08%
Premarket close	$37.97
Premarket price	$38.00
Previous close	$37.97
Price vs 150-day SMA	-43.33%
Price vs 20-day SMA	-3.05%
Price vs 200-day SMA	-41.32%
Price vs 50-day SMA	-33.26%
Relative volume	0.21
RSI	31.78
Sharpe ratio	-0.25
Sharpe ratio (3Y)	0.87
Sharpe ratio (5Y)	0.18
Sortino ratio	-0.34
Sortino ratio (3Y)	2.21
Sortino ratio (5Y)	0.4
Volume	290.5K
Weekly RSI	31.7
YTD price change	-9.82%
YTD total return	-9.82%

Metric

Value

10Y price change

-79.25%

10Y return CAGR

-14.55%

10Y total return

-79.25%

150-day SMA

$67.29

15Y price change

-54.03%

15Y return CAGR

-5.05%

15Y total return

-54.03%

1D price change

1.47%

1M price change

-33.18%

1M total return

-33.18%

1W price change

-2.78%

1W total return

-2.78%

1Y price change

-39.06%

1Y return CAGR

-39.08%

1Y total return

-39.06%

20-day SMA

$39.33

200-day SMA

$64.98

20Y price change

-82.6%

20Y return CAGR

-8.37%

20Y total return

-82.6%

3M price change

-46.56%

3M total return

-46.56%

3Y price change

436.51%

3Y return CAGR

75.04%

3Y total return

436.51%

50-day SMA

$57.13

50-day SMA vs 200-day SMA

50under200

52-week high

$109.00

52-week high date

2026-04-20

52-week low

$33.40

52-week low date

2026-01-30

5Y price change

-84.03%

5Y return CAGR

-30.72%

5Y total return

-84.03%

6M price change

-56.04%

6M total return

-56.04%

All-time high

$1,670.40

All-time high date

2018-03-12

All-time low

$6.19

All-time low date

2023-11-13

Average true range (ATR)

$2.43

Average volume

1.4M

Beta (1Y)

0.88

Beta (2Y)

3.56

Beta (5Y)

1.27

Change from 52-week high

-64.65%

Change from 52-week low

15.36%

Change from all-time high

-97.72%

Change from all-time low

516.09%

Change from open

2.07%

Day's gap

-0.58%

Dollar volume

$11.2M

High price

$38.56

Low price

$37.63

Monthly RSI

44.9

Open price

$37.75

Position in 52-week range

96.77%

Premarket change

0.08%

Premarket close

$37.97

Premarket price

$38.00

Previous close

$37.97

Price vs 150-day SMA

-43.33%

Price vs 20-day SMA

-3.05%

Price vs 200-day SMA

-41.32%

Price vs 50-day SMA

-33.26%

Relative volume

0.21

RSI

31.78

Sharpe ratio

-0.25

Sharpe ratio (3Y)

0.87

Sharpe ratio (5Y)

0.18

Sortino ratio

-0.34

Sortino ratio (3Y)

2.21

Sortino ratio (5Y)

0.4

Volume

290.5K

Weekly RSI

31.7

YTD price change

-9.82%

YTD total return

-9.82%

Metric	Value
Float	28.3M
Float percentage	82.83%
Shares change (QoQ)	33.63%
Shares change (YoY)	73.25%
Shares held by insiders	0.37%
Shares held by institutions	89.49%
Shares outstanding	34.1M
Short % of float	24.74%
Short % of shares	20.5%
Short ratio	5.3 days

Metric

Value

Float

28.3M

Float percentage

82.83%

Shares change (QoQ)

33.63%

Shares change (YoY)

73.25%

Shares held by insiders

0.37%

Shares held by institutions

89.49%

Shares outstanding

34.1M

Short % of float

24.74%

Short % of shares

20.5%

Short ratio

5.3 days

Nektar Therapeutics (NKTR)

Price

Financial snapshot

Fair-value bridge

Latest news · NKTR

Valuation

Profitability

Balance sheet

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All NKTR indicators

Profile and market data

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Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on NKTR

Frequently asked questions