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Nektar Therapeutics NKTR R3KPHARMA

Healthcare · Biotechnology · United States
https://www.nektar.com
Company Profile ↓
$75.44
+193.31% 1Y
Mkt Cap$2.58B
P/E-12.33
P/B2.54
52W High$100.35
52W Low$25.72
Book Value$26.46
EPS (TTM)$-6.12

Company Overview

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.

Why Investors Should Care

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.15.

Recent Developments

  • Dec 2025 Revenue of $55.23M (-43.9% YoY); net profit $-164.08M.
  • Trailing 12 Months Year-on-year growth — revenue -9.3%.
  • 5-Year Trend Long-term compounding — revenue CAGR -1.8%.

Growth & Price Performance

Compounded Sales Growth

5 Years:-1.75%
1 Year:-9.30%

Stock Price Performance

1 Year:+193.31%
6 Months:+9.10%
3 Months:+33.24%
1 Month:-1.36%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 67% of range
$25.72 $100.35
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)56.00 · Neutral
Price Performance
1M-1.36%
3M+33.24%
6M+9.10%
1Y+193.31%

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Revenue declined at -1.8% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-12.33
Industry PE
24.83
Forward P/E
-6.96
PEG Ratio
0.31
Book Value
$26.46
Price to Book
2.54
P/S
41.97
EV/EBITDA
-13.74
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
-1.75%
Profit 5Y
-
Revenue (YoY)
-9.30%
Earnings (YoY)
-

Profitability & Returns

ROCE
-57.64%
ROE
-35.76%
ROA
-12.54%
Profit Margin
-
Op Margin
-
Gross Margin
100.00%
EPS (Latest Qtr)
$-1.82
EPS (TTM)
$-6.12

Balance Sheet & Liquidity

Debt/Equity
0.15
Quick Ratio
9.71
Current Ratio
10.42
Debt
$135.93M
Total Assets
$763.27M
Current Assets
$589.04M
Working Capital
$212.73M

Ownership

Promoter Holding
0.35%
Chg in Prom Hold
-0.10%
FII / Inst Holding
106.44%
Chg in FII Hold
0.07%

Financial Snapshot

Enterprise Value
$2.58B
Total Revenue (TTM)
$54.59M
EBITDA
$-129.95M
Free Cash Flow
$-134.77M
Operating Cash Flow
$-233.79M
Shares Outstanding
34.14M
Gross Margin
100.00%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 NKTR Nektar Therapeutics R3KPHARMA 75.44 -12.33 $2.58B 0.00% -57.64% -35.76% -1.75% -
2 LLY Eli Lilly and Company SPXR3KPHARMA 1,123.91 37.80 $1.00T 0.60% - 102.29% 7.20% 11.41%
3 JNJ Johnson & Johnson SPXR3KPHARMA 269.12 31.22 $648.55B 1.98% 14.88% 25.74% 2.43% 4.76%
4 ABBV AbbVie Inc. SPXR3KPHARMA 248.78 70.48 $439.62B 2.78% 10.47% -129.24% 1.75% -29.06%
5 MRK Merck & Co., Inc. SPXR3KPHARMA 148.46 118.77 $366.28B 2.31% - 6.96% 5.64% 10.01%
6 UNH UnitedHealth Group Incorporated SPXR3KPHARMA 400.84 25.74 $359.79B 2.47% 9.74% 14.15% 10.40% 5.43%
7 NVS Novartis AG PHARMA 137.70 20.80 $261.73B 3.36% 21.09% 30.35% 9.25% 26.22%
8 AZN AstraZeneca PLC NDXPHARMA 160.04 23.99 $248.20B 2.00% 15.97% 21.96% 9.82% 45.96%
9 TMO Thermo Fisher Scientific Inc. SPXR3KPHARMA 603.02 32.49 $222.97B 0.29% 8.14% 13.51% 8.81% 12.95%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -----24.73M34.59M152.93M95.47M38.02M1.09B27.76M39.83M28.22M23.32M29.22M33.86M50.57M48.85M30.03M23.46M23.65M28.33M24.92M25.01M24.82M21.59M23.62M21.59M20.50M24.14M21.64M23.49M24.12M-10.46M11.18M11.79M21.81M10.86M
Cost of Revenue ----------------------------------7.98M0000-
Gross Profit ----------------------------------21.20M10.46M11.18M11.79M21.81M-
Operating Expenses -----------------------------------54.83M46.96M43.32M40.90M49.12M
Operating Income -29.36M-9.48M-38.33M-32.90M-32.15M-54.44M-50.66M69.48M-24.03M-86.74M973.60M-98.63M-100.30M-120.69M-110.97M-98.74M-109.64M-133.63M-77.71M-103.05M-110.72M-109.39M-110.20M-113.60M-112.91M-116.56M-152.84M-54.30M-134.71M-50.60M-44.86M-35.43M-49.77M-34.34M--44.37M-35.78M-31.53M-19.09M-38.26M
EBITDA ------------------------------------40.97M-33.79M-28.78M-24.74M-35.00M
Interest Expense -----------------------------------4.97M5.39M6.05M9.77M7.94M
Pretax Income ------------------------------------46.37M-39.40M-35.02M-34.70M-43.09M
Tax Provision -----------------------------------52.00K-188.00K-33.00K31.00K64.00K
Net Income -54.14M-19.50M-48.60M-43.22M-42.20M-63.87M-59.87M60.87M-33.83M-95.79M971.46M-96.14M-98.21M-119.63M-110.29M-98.58M-112.16M-138.65M-80.00M-108.59M-117.20M-122.97M-125.52M-129.71M-145.65M-90.39M-159.07M-59.05M-137.02M-51.12M-45.84M-36.80M-52.36M-37.06M--50.88M-41.59M-35.52M-36.08M-44.90M
Diluted EPS -0.40-0.14-0.36-0.32-0.28-0.42-0.390.37-0.21-0.605.33-0.56-0.57-0.69-0.63-0.56-0.64-0.78-0.45-0.61-0.65-0.68-0.69-0.70-790.00-0.49-0.85-0.31-0.73-0.27-0.24-0.19-3.76-2.66--3.60-2.95-1.87-1.78-1.82
R&D Expense 47.13M49.27M52.35M51.95M50.23M61.06M60.26M65.71M81.43M99.42M88.33M102.89M108.88M118.46M106.69M99.05M110.37M108.99M96.44M100.53M102.72M95.60M101.31M103.74M99.61M107.25M42.74M33.59M30.47M29.68M24.07M27.41M29.72M35.03M-30.48M29.89M27.25M-35.68M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 71.93M159.04M71.48M81.19M148.92M200.71M230.78M165.44M307.71M1.19B114.62M152.91M-92.06M90.12M98.43M55.23M
Cost of Revenue -------------21.64M33.77M30.69M0
Gross Profit -------------70.42M56.35M67.74M55.23M
Operating Expenses -------------310.66M191.58M197.66M186.00M
Operating Income -95.13M-28.25M-123.94M-141.20M-120.13M-16.48M-29.37M-112.86M-59.64M687.93M-440.04M-425.11M--240.24M-135.22M-129.92M-130.77M
EBITDA --------------323.04M-243.11M-86.70M-128.28M
Interest Expense -------------28.91M25.33M28.11M26.18M
Pretax Income --------------364.98M-276.26M-119.20M-155.49M
Tax Provision -------------3.21M-200.00K-239.00K-138.00K
Net Income -102.52M-37.94M-133.98M-171.85M-162.01M-53.92M-81.18M-153.52M-96.69M681.31M-440.67M-444.44M--368.20M-276.06M-118.96M-164.08M
Diluted EPS --------1.10-0.623.78-2.52-2.49--29.55-21.75-8.70-9.73
R&D Expense 95.11M108.06M126.77M148.68M190.01M147.73M182.79M203.80M268.46M399.54M434.57M408.68M400.27M218.32M114.16M120.91M117.33M

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --521.23M606.55M497.79M434.53M441.62M498.64M568.87M508.87M2.15B1.98B1.54B-710.60M398.03M303.85M280.41M
Current Assets --------------545.97M330.70M261.29M266.27M
Cash & Equivalents 155.58M49.60M17.75M15.31M25.44M39.07M12.37M55.57M59.64M4.76M194.91M96.36M198.96M-88.23M35.28M44.25M15.12M
Inventory -------------15.80M19.20M16.10M0-
Receivables -------------22.49M5.98M1.21M0-
Total Liabilities --430.56M408.74M450.77M524.43M405.29M492.21M480.75M421.04M432.60M571.97M461.47M-343.96M267.05M243.11M190.57M
Current Liabilities --64.11M275.53M78.54M98.22M64.05M61.25M72.22M56.16M82.00M353.89M115.78M-68.20M51.27M61.40M53.54M
Long Term Debt ------------------
Total Debt --------------131.50M117.78M102.56M85.75M
Total Equity 190.15M102.37M90.66M197.81M47.02M-89.90M36.33M6.43M88.12M87.83M1.72B1.41B1.08B-366.64M130.99M60.74M89.83M
Shares Outstanding --------------12.57M12.76M12.94M20.38M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 39.74M-55.87M-113.74M-129.76M-38.53M---117.02M-80.41M718.21M-328.68M-313.29M--304.01M-192.61M-175.71M-208.51M
Investing Cash Flow -149.03M16.71M-111.95M113.02M49.91M---82.40M-28.81M-1.38B206.89M496.21M-365.83M139.56M142.57M-1.20M
Financing Cash Flow 3.54M7.54M222.34M26.80M2.22M--203.62M54.39M851.97M23.36M-80.35M-1.51M30.00K42.12M180.57M
Capital Expenditure -16.39M-31.46M-9.72M-10.58M-4.09M-9.98M-11.20M-6.39M-9.68M-14.24M-26.29M-7.26M--5.68M-865.00K-1.47M-171.00K
Free Cash Flow 23.35M-87.33M-123.46M-140.34M-42.62M---123.42M-90.09M703.98M-354.97M-320.55M--309.68M-193.47M-177.18M-208.68M
Net Change in Cash -------------63.34M-53.01M8.98M-29.14M
Share Buybacks --------------03.00M0

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------------76.5%62.5%68.8%100.0%
Operating Margin % -132.3%-17.8%-173.4%-173.9%-80.7%-8.2%-12.7%-68.2%-19.4%57.6%-383.9%-278.0%--261.0%-150.0%-132.0%-236.8%
Net Margin % -142.5%-23.9%-187.4%-211.7%-108.8%-26.9%-35.2%-92.8%-31.4%57.1%-384.5%-290.6%--400.0%-306.3%-120.9%-297.1%
ROE % -100.1%-41.8%-67.7%-365.5%180.2%-148.4%-1,262.7%-174.2%-110.1%39.7%-31.4%-41.3%--100.4%-210.8%-195.9%-182.6%
ROCE % --6.2%-37.4%-33.7%-35.7%-4.4%-6.7%-22.7%-13.2%33.3%-27.1%-29.9%--37.4%-39.0%-53.6%-57.6%

Shareholding Pattern

Insiders
0.35%
Institutions
106.44%
Public Float
106.81%

Top Institutional Holders

#Holder% HeldSharesValue
1 FMR, LLC 14.84% 5.07M $340.06M
2 Two Seas Capital Lp 9.06% 3.09M $207.49M
3 Blackrock Inc. 8.62% 2.94M $197.40M
4 BVF Inc. 7.00% 2.39M $160.44M
5 Vanguard Capital Management LLC 4.38% 1.50M $100.44M
6 Two Sigma Investments, LP 3.52% 1.20M $80.65M
7 Vestal Point Capital, LP 2.93% 1.00M $67.10M
8 Morgan Stanley 2.74% 936.56K $62.84M
9 State Street Corporation 2.66% 909.68K $61.04M
10 Geode Capital Management, LLC 2.58% 881.31K $59.14M

Analyst View

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Latest News

Recent headlines for NKTR

Google News Sun, 06 Sep 2026

Nektar Therapeutics (NKTR) Lands Lancet Backing, Is The Upside Already Priced In? - simplywall.st

<a href="https://news.google.com/rss/articles/CBMi5wFBVV95cUxOdllFTzJxcTVPV1B2aS1QMkpQNmlWeDhmdEk0NnVHWFVLVWk3cktmNzg2OFNVV2NiNHFmMllSTFNYcFhRbnFGaDhCSUdsTlFSNVYtVlRjWE5PLUtCc2pYa01Sa0xYQkJrdzJEWS1lR0N4U2l5NFh0eDZfdWZRZE8wLTlicXhKajlLN0xvS3…

Google News hu, 07 May 2026

Nektar Therapeutics Reports First Quarter 2026 Financial Results - PR Newswire

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Google News Mon, 07 Sep 2026

Precision Trading with NKTR Corp (NKTR) Risk Zones - Stock Traders Daily

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Google News ue, 12 May 2026

Assessing Nektar Therapeutics (NKTR) Valuation After Strong REZPEG Prospects And Recent Share Price Momentum - finance.yahoo.com

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Google News hu, 05 Mar 2026

NKTR Stock Soars After Nektar Reports Positive Atopic Dermatitis Trial Results - Stocktwits

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Google News Mon, 24 Aug 2026

$NKTR stock is down 3% today. Here's what we see in our data. - Quiver Quantitative

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NKTR — Frequently Asked Questions

What is the current share price of Nektar Therapeutics (NKTR)?

As of 2026-09-19 21:16 PDT, Nektar Therapeutics (NKTR) trades at $75.44 on NasdaqCM. Its 52-week range is $25.72 to $100.35.

What is the market capitalisation of NKTR?

Nektar Therapeutics (NKTR) has a market capitalisation of $2.58B on NasdaqCM.

What is the P/E ratio of NKTR?

NKTR trades at a trailing price-to-earnings (P/E) ratio of -12.33. The industry average P/E is 24.83. Its price-to-book (P/B) ratio is 2.54.

What is the return on equity (ROE) of NKTR?

NKTR has a return on equity (ROE) of -35.76%. Its return on capital employed (ROCE) is -57.64%.

Is NKTR a good stock to buy?

This page provides a data-driven analysis of Nektar Therapeutics (NKTR), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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