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OLMA

Olema Pharmaceuticals, Inc.distress 4/10 · elevated risk
$11.33-1%today-68% from 52w high
olema.com137 employeesFounded 2006San Francisco, CABiotechnology
Oncology 2
Lead: ER+/HER2- metastatic breast cancer · target HER2 · est. market ~$35B (approx, global)
Revenue
pre-revenue
Liquidity
$505M
Runway
3.4 yrs
Shares 1y
+27%

Price & events

-57.1% over 6M
$9.19$17.80$26.42Jan 26Apr 26Jul 2614.0Mfinancing: 8-K material_agreement (2026-05-01)catalyst: PHASE3 Palazestrant, Fulvestrant, Anastrozole (2026-06-30) — click to opencatalyst: PHASE3 palazestrant (2026-05-30) — click to opencatalyst: PHASE1 OP-3136 (2026-05-30) — click to opencatalyst: PHASE1 OP-3136 (2026-05-30) — click to opencatalyst: PHASE1 Palazestrant, Palbociclib (2026-03-01) — click to openrating: Guggenheim: Buy (2026-05-13)rating: Wolfe Research: Peer Perform (2026-03-27)rating: JP Morgan: Overweight (2026-03-18)rating: Goldman Sachs: Buy (2026-03-18)rating: Citigroup: Buy (2026-03-17)rating: Guggenheim: Buy (2026-03-17)rating: HC Wainwright & Co.: Buy (2026-03-09)rating: Stifel: Buy (2026-02-11)
CatalystRating changeDilutionFinancingdashed = today
-1.4%
1D
+2.3%
1W
+7.6%
1M
-26.2%
3M
-55.1%
6M
+143.1%
1Y
-25.4%
2Y
-56.1%
5Y
-75.2%
All

Overview

Market Cap
$989.65M
Volume
60.58K
52 Week Range
$4.41 – $35.83
Total Shares
87.35M
Float Shares
64.18M
Short %
19.52%
% Held by Insiders
1.80%
% Held by Institutions
119.34%
RVOL
0.04x
Beta
2.01

Pipeline stages · 2 programs

OP-3136, Fulvestrant, Palazestrant
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2027-05-30
Palazestrant, Ribociclib, Letrozole
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2027-12-31

Pipeline · 5 trials · 3 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2027-05-30
Estimated 50%
readout ~2027-06-29
Phase 1OP-3136, Fulvestrant, PalazestrantAdvanced or Metastatic ER+ HER2- Breast Cancer (mBC), Advanced or Metastatic Non-Small Cell Lung Cancer (NSCLC), Advanced or Metastatic Castration-Resistant Prostate Cancer (mCRPC), Metastatic Breast Cancer, Fulvestrant, Palazestrantrecruiting
2027-12-31
Estimated 50%
readout ~2028-01-30
Phase 1Palazestrant, Ribociclib, Alpelisibfast trackMetastatic Breast Cancer, ER-positive Breast Cancer, HER2-negative Breast Cancer, Breast Cancer, Locally Advanced Breast Cancerrecruiting
2028-12
Estimated 50%
readout ~2029-02-14
Phase 3Palazestrant, Ribociclib, Letrozolefast trackBreast Cancer, Locally Advanced Breast Cancer, Metastatic Breast Cancer, ER Positive Breast Cancer, HER2 Negative Breast Carcinomarecruiting
2026-06-30
Phase 3Palazestrant, Fulvestrant, Anastrozolefast trackBreast Cancer, Advanced Breast Cancer, Metastatic Breast Cancer, ER Positive Breast Cancer, HER2 Negative Breast Carcinoma510recruiting
2026-03
Phase 1Palazestrant, Palbociclibfast trackBreast Cancer60active not recruiting

Catalyst news & presentations · 22

Approved drugs (0)

  • none — clinical-stage

Capital structure — dilution & financing

Shares out: 87,347,471 · 2 offerings/1y · 0 PIPEs
  • 2026-05-018-Kmaterial_agreement
  • 2025-12-11S-3ASRshelf_registration
  • 2025-11-19424B5offering
  • 2025-11-18424B5offering
  • 2025-01-15424B3offering
  • 2025-01-15424B5offering
  • 2025-01-15EFFECTshelf_effective
🔒 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 $41 (+259% upside) · 10 analysts
  • 2026-05-13GuggenheimBuy
  • 2026-03-27Wolfe ResearchPeer Perform
  • 2026-03-18JP MorganOverweight
  • 2026-03-18Goldman SachsBuy
  • 2026-03-17CitigroupBuy
  • 2026-03-17GuggenheimBuy

Competitors — HER2

  • BEIGFBeOne Medicines Ltd.$31.7B · D1
  • RLAYRelay Therapeutics, Inc.$3.6B · D6
  • ELVNEnliven Therapeutics, Inc.$3.2B · D1
  • NUVBNuvation Bio Inc.$2.2B · D3
  • GLUEMonte Rosa Therapeutics, Inc.$2.0B · D4
  • AVBPArriVent BioPharma, Inc.$1.4B · D1
  • OKUROnKure Therapeutics, Inc.$172M · D6
  • AZNASTRAZENECA PLC · D3

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