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DNLI

Denali Therapeutics Inc.distress 2/10 · well-funded / low risk
$22.93-3%today-16% from 52w high
denalitherapeutics.com507 employeesFounded 2013South San Francisco, CABiotechnology
Lead: Mucopolysaccharidosis II
Revenue
pre-revenue
Liquidity
$1051M
Runway
2.5 yrs
Shares 1y
+9%

Price & events

+9.5% over 6M
$18.08$22.64$27.21Jan 26Apr 26Jul 266.5Mfinancing: 8-K material_agreement (2026-06-18)catalyst: PHASE2 eclitasertib (2026-06-30) — click to opencatalyst: PHASE1 DNL628 (2026-06-30) — click to opencatalyst: PHASE1 DNL921 (2026-06-30) — click to opencatalyst: PHASE3 DNL126 (2026-06-30) — click to opencatalyst: PHASE1 DNL952 (2026-06-30) — click to opencatalyst: PHASE2 BIIB122/DNL151 (2026-06-30) — click to opencatalyst: PHASE1 DNL921 (2026-06-30) — click to opencatalyst: tividenofusp alfa (2026-04-05) — click to opencatalyst: PHASE1,PHASE2 DNL126 (2026-02-03) — click to openrating: Deutsche Bank: Buy (2026-07-16)rating: Morgan Stanley: Overweight (2026-05-26)rating: Morgan Stanley: Overweight (2026-05-14)rating: BTIG: Buy (2026-05-11)rating: Wedbush: Outperform (2026-05-08)rating: Leerink Partners: Outperform (2026-04-22)rating: Baird: Outperform (2026-04-07)rating: Morgan Stanley: Overweight (2026-03-26)
CatalystRating changeDilutionFinancingdashed = today
-3.0%
1D
+0.9%
1W
-7.4%
1M
+17.9%
3M
+13.2%
6M
+58.4%
1Y
-4.0%
2Y
-64.1%
5Y
-67.6%
All

Overview

Market Cap
$3.64B
Volume
135.22K
52 Week Range
$12.75 – $27.21
Total Shares
158.71M
Float Shares
144.22M
Short %
10.61%
% Held by Insiders
9.16%
% Held by Institutions
105.04%
RVOL
0.07x
Beta
0.96

Pipeline stages · 4 programs

DNL593
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2026-12
BIIB122 225 mg
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2027-03
tividenofusp alfa
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2027-06
DNL126
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2028-08

Pipeline · 6 trials · 6 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2026-12
Estimated 50%
readout ~2027-01-15
Phase 1/2DNL593Frontotemporal Dementiaactive not recruiting
2027-03
Estimated 50%
readout ~2027-04-15
Phase 2BIIB122 225 mgParkinson Diseaseactive not recruiting
2027-06
Estimated 50%
readout ~2027-08-15
Phase 2/3tividenofusp alfaMucopolysaccharidosis IIenrolling by invitation
2027-12
Estimated 50%
readout ~2028-02-14
Phase 2/3tividenofusp alfa, idursulfaseMucopolysaccharidosis IIrecruiting
2028-08
Estimated 50%
readout ~2028-09-15
Phase 1/2DNL126Mucopolysaccharidosis Type IIIAactive not recruiting
Show all 6 trials · 1 more ▾
ReadoutPhaseDrugIndicationEnrollStatus
2031-02
Estimated 50%
readout ~2031-03-18
Phase 1/2tividenofusp alfaMucopolysaccharidosis IIactive not recruiting

Catalyst news & presentations · 24

Approved drugs (1)

  • AVLAYAHTIVIDENOFUSP ALFA-EKNM2026 · Prescription

Capital structure — dilution & financing

Shares out: 158,709,737 · 2 offerings/1y · 0 PIPEs
  • 2026-06-188-Kmaterial_agreement
  • 2025-12-108-Kmaterial_agreement
  • 2025-12-10424B5offering
  • 2025-12-09424B5offering
  • 2025-12-048-Kmaterial_agreement
  • 2025-06-038-Kmaterial_agreement
  • 2025-02-278-Kmaterial_agreement
🔒 Positioning — Pro
Short interest / days-to-cover, insider buys & sells.
Upgrade to Pro
🔒 Top holders — Pro
Institutional ownership + quarter-over-quarter accumulation/trimming.
Upgrade to Pro

Wall St ratings

strong buy · target $34 (+49% upside) · 16 analysts
  • 2026-07-16Deutsche BankBuy
  • 2026-05-26Morgan StanleyOverweight
  • 2026-05-14Morgan StanleyOverweight
  • 2026-05-11BTIGBuy
  • 2026-05-08WedbushOutperform
  • 2026-04-22Leerink PartnersOutperform

Competitors — Mucopolysaccharidosis II

  • RAREUltragenyx Pharmaceutical Inc.$2.7B · D4
  • RGNXREGENXBIO Inc.$508M · D7

Not financial advice. Data: ClinicalTrials.gov, SEC EDGAR, FINRA, Nasdaq, Yahoo.