Nektar Therapeutics

Nektar Therapeutics

NKTR
Nektar TherapeuticsUS flagNASDAQ Global Select
37.50
USD
+0.86
- -
1.08BMarket Cap
Nektar Therapeutics
NKTR
(NASDAQ Global Select)

Recent

price

37.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
25.36
9.49
10.61
19.3
23.73
26.13
17.78
29.6
105.54
9.82
12.84
8.34
7.38
7.11
7.18
3.27
2.25
Revenue per Share
-6.05
-17.79
-22.45
-21
-6.37
-9.19
-16.5
-9.3
60.26
-37.77
-37.33
-42.87
-29.51
-21.79
-8.68
-9.73
-6.48
Basic EPS, GAAP
-13.92
-16.4
-18.33
-5.52
-17.97
-9.54
-13.26
-8.67
62.26
-30.43
-26.92
-35
-24.82
-15.27
-12.92
-12.37
-9.65
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
14.39
25.92
6.12
-11.58
4.15
0.71
8.63
8.26
148.47
119.43
89.73
54.96
29.17
10.27
4.9
4.41
26.46
Book Value per Share
2.25
15.89
-3.84
-21.43
-4.59
-7.77
1.14
1.07
141.86
112.93
83.36
48.77
23.08
10.27
4.9
4.41
26.46
Tangible Book Value per Share
6
8
8
8
8
9
9
10
11
12
12
12
12
13
14
17
24
Basic Weighted Avg Shares
159
71
81
149
201
231
165
308
1,193
115
153
102
92
90
98
55
55
Sales/Revenue/Turnover
-9.86
-173.39
-171.85
-80.67
-8.21
-12.73
-68.22
-14.19
57.65
-383.92
-248.45
-437.76
-260.97
-150.05
-131.99
-236.77
-239.32
Operating Margin (%)
17
15
15
14
13
13
15
15
11
13
14
14
13
8
4
1
1
Depreciation Expense
-38
-134
-172
-162
-54
-81
-154
-97
681
-441
-444
-524
-368
-276
-119
-164
-157
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
0.21
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-23.85
-187.43
-211.67
-108.79
-26.86
-35.17
-92.8
-31.42
57.09
-384.47
-290.65
-514.03
-399.98
-306.31
-120.86
-297.07
-287.84
Profit Margin (%)
290
1
236
160
224
289
354
271
1,356
1,068
1,022
710
478
279
200
213
668
Working Capital
232
15
137
133
129
243
243
245
247
143
136
126
113
99
83
65
56
LT Debt
91
198
47
-90
36
6
88
88
1,718
1,405
1,077
680
367
131
61
90
903
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
59.76
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
63.02
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
-39.31
-92.89
-140.39
- -
- -
-379.68
-324.73
-109.91
75.47
-28.22
-35.8
-59.64
-70.39
-110.95
-124.1
-217.94
-451.78
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
20
23
23
LT Borrowings
- -
- -
- -
LT Finance Leases
65
61
56
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
29
34
Market Capitalization
862
2,121
2,383

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
266
589
739
Cash, Cash Equivalents & STI
246
569
684
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
54
58
71
Payables & Accruals
30
30
41
ST Debt
20
23
23
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
293.15%
-30.59%
47.9%
Free Cash Flow
-104.44%
-4.47%
17.78%
Net Income, GAAP
-97.22%
-11.17%
37.92%
Sales/Revenue/Turnover
20.87%
-15.96%
-43.89%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
22
23
24
29
98
2025
10
11
12
22
55
2026
11
10
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-2.83
-3.76
-2.66
0.52
-8.68
2025
-3.62
-2.95
-1.87
-1.78
-9.73
2026
-1.82
-1.23
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Nektar Therapeutics (Nasdaq: NKTR), a biopharmaceutical company, discovers, develops and commercializes therapies that selectively modulate the immune system to treat autoimmune disorders, inflammatory conditions and cancer; its lead product candidate, rezpegaldesleukin (REZPEG), is a regulatory T cell stimulator in Phase 2b clinical development for atopic dermatitis, alopecia areata and new-onset Type 1 diabetes, with FDA Fast Track designation granted for severe-to-very-severe alopecia areata in 2025; the company's immuno-oncology pipeline features NKTR-255, an engineered IL-15 receptor agonist evaluated in ongoing trials in combination with checkpoint inhibitors, TIL therapy and CAR-T therapies for solid tumors and hematological malignancies; preclinical programs include NKTR-0165, a TNFR2 agonist antibody for multiple sclerosis, vitiligo and ulcerative colitis with a planned first-in-human study in 2026, NKTR-0166, a TNFR2 bispecific antibody for rheumatic diseases, and NKTR-422, a CSF1R agonist for inflammation resolution. Founded in 1990 and headquartered in San Francisco, California, Nektar Therapeutics operates primarily in the United States with global clinical trial activities and partnerships extending internationally; the company leverages proprietary polymer conjugate technologies and immunology expertise to enhance drug pharmacokinetics, efficacy and patient convenience across autoimmune, inflammatory and oncology segments, targeting patients with unmet needs in immune-mediated diseases. Recent developments include completion of enrollment in the REZOLVE-AA Phase 2b trial for rezpegaldesleukin in alopecia areata and REZOLVE-AD trial data presentations at EADV and ACAAI 2025 meetings demonstrating statistical significance in endpoints for atopic dermatitis; in early 2025, Nektar initiated a Phase 2 trial agreement with TrialNet for rezpegaldesleukin in Type 1 diabetes and advanced IND-enabling studies for NKTR-0165 and NKTR-0166; the company completed a $115 million public offering and ATM proceeds to bolster its balance sheet, while selling royalties on CIMZIA and MIRCERA to Royalty Pharma in a non-dilutive transaction, and Ampersand Capital Partners acquired its PEGylation reagent manufacturing business in late 2024.

Company News

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  • Cedar Grove Capital Q3 2026 Portfolio Update

  • Nektar Therapeutics (NASDAQ:NKTR) Shares Gap Down – Here’s What Happened

  • Nektar Therapeutics: Downgrade To Hold On REZPEG Market Outlook Setback And More

  • Nektar Therapeutics (NKTR) Shareholder/Analyst Call Transcript

  • Nektar REZPEG Data Show Durable Hair Regrowth, Set Up Phase III Alopecia Trial

  • Nektar Stock Sinks Despite Promising Hair Loss Treatment Data

  • 3 Biotech Stocks Put Traders Are Targeting Today

  • New Rezpegaldesleukin Data Supporting Long-term Durability and Disease Improvement in Patients with Alopecia Areata and Atopic Dermatitis at EADV Congress 2026

  • Nektar Therapeutics (NASDAQ:NKTR) Stock Rated “Moderate Buy” by Sell-Side Brokerages

  • New Biomarker Data Presented in a Late Breaking Oral Presentation at EADV Congress 2026 Showing Early Molecular Responses to Rezpegaldesleukin Across Multiple Immune Pathways Dysregulated in Patients

  • New Biomarker Data Presented in a Late Breaking Oral Presentation at EADV Congress 2026 Showing Early Molecular Responses to Rezpegaldesleukin Across Multiple Immune Pathways Dysregulated in Patients with Atopic Dermatitis

  • Nektar Announces Three Oral Presentations for Rezpegaldesleukin at the European Academy of Dermatology & Venereology (EADV) Congress 2026

  • Nektar Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

  • Analyzing Nektar Therapeutics (NASDAQ:NKTR) & Evaxion A/S (NASDAQ:EVAX)

  • HB Wealth Management LLC Purchases New Position in Nektar Therapeutics $NKTR

  • Nektar Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

  • Nektar Announces Publication in The Lancet of Positive Phase 2b REZOLVE-AD 16-Week Induction Results of Rezpegaldesleukin in Moderate-to-Severe Atopic Dermatitis

  • Nektar: Maintaining 'Strong Buy' Rating Due To REZPEG Catalyst, Another Coming