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NKTR

Nektar Therapeuticsdistress 8/10 · high distress / dilution risk
$68.36-1%today-32% from 52w high
nektar.com63 employeesFounded 1990San Francisco, CABiotechnology
Dermatology 1Immunology / Inflammation 1
Lead: moderate-to-severe atopic dermatitis · target IL-2 · est. market ~$15B (approx, global)
Revenue
$11M
Liquidity
$150M
Runway
0.7 yrs
Shares 1y
+78%

Price & events

+87.1% over 6M
$35.12$67.73$100Jan 26Apr 26Jul 268.7Mdilution: 424B5 offering (2026-05-08)dilution: 424B5 offering (2026-04-23)dilution: 424B5 offering (2026-04-20)dilution: 424B5 offering (2026-02-13)dilution: 424B5 offering (2026-02-10)financing: 8-K material_agreement (2026-05-08)financing: 8-K material_agreement (2026-04-23)financing: 8-K material_agreement (2026-02-13)catalyst: PHASE2 rezpegaldesleukin (2026-06-30) — click to opencatalyst: PHASE3 rezpegaldesleukin (2026-06-30) — click to opencatalyst: PHASE2 rezpegaldesleukin (2026-03-31) — click to opencatalyst: PHASE2 rezpegaldesleukin (2026-03-31) — click to opencatalyst: PHASE2 rezpegaldesleukin (2026-02-28) — click to openrating: Wedbush: Neutral (2026-05-11)rating: Piper Sandler: Overweight (2026-05-08)rating: Citigroup: Buy (2026-04-21)rating: Wedbush: Neutral (2026-04-21)rating: HC Wainwright & Co.: Buy (2026-04-20)rating: BTIG: Buy (2026-04-20)rating: Wedbush: Neutral (2026-03-24)rating: TD Cowen: Buy (2026-03-17)
CatalystRating changeDilutionFinancingdashed = today
-1.4%
1D
+2.0%
1W
+2.5%
1M
-25.1%
3M
+84.2%
6M
+173.4%
1Y
+207.9%
2Y
-72.4%
5Y
-74.2%
All

Overview

Market Cap
$2.31B
Volume
28.07K
52 Week Range
$21.68 – $100
Total Shares
33.79M
Float Shares
29.14M
Short %
22.52%
% Held by Insiders
0.45%
% Held by Institutions
80.29%
RVOL
0.03x
Beta
1.14

Pipeline stages · 1 programs

RezpegaldesleukinIL-2
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved

Pipeline · 2 trials · 0 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2025-11-26
Phase 2Rezpegaldesleukinfast trackAlopecia Areata94active not recruiting
2025-05-06
Phase 2Rezpegaldesleukinfast trackModerate to Severe Atopic Dermatitis396active not recruiting

Catalyst news & presentations · 10

Approved drugs (0)

  • none — clinical-stage

Capital structure — dilution & financing

Shares out: 33,786,032 · 6 offerings/1y · 0 PIPEs
  • 2026-05-088-Kmaterial_agreement
  • 2026-05-08424B5offering
  • 2026-04-238-Kmaterial_agreement
  • 2026-04-23424B5offering
  • 2026-04-20424B5offering
  • 2026-02-138-Kmaterial_agreement
  • 2026-02-13424B5offering
🔒 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 $153 (+124% upside) · 8 analysts
  • 2026-05-11WedbushNeutral
  • 2026-05-08Piper SandlerOverweight
  • 2026-04-21CitigroupBuy
  • 2026-04-21WedbushNeutral
  • 2026-04-20HC Wainwright & Co.Buy
  • 2026-04-20BTIGBuy

Competitors — IL-2

  • none identified

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