NCM · Biotechnology

Nektar Therapeutics (NKTR) Stock

$37.42 +0.55% NCM: NKTR Healthcare

Valuation

MetricValue
Price$37.42
Market Cap$1.07B
P/E Ratio-6.50
P/B Ratio1.60
P/S Ratio22.90
EPS (TTM)$-9.73
52-Week High$109.00
52-Week Low$33.40
Dividend Yield0.00%

Financials & Margins

MetricValue
ROE-37.99%
ROA-14.35%
ROCE-12.81%
Gross Margin-238.18%
Operating Margin-238.18%
Net Margin-287.84%
Debt/Equity0.15
Current Ratio4.93

Annual Financials (USD)

Metric20212022202320242025
Revenue$102.0M$92.0M$90.0M$98.0M$55.0M
Operating Profit$-446.0M$-240.0M$-137.0M$-105.0M$-131.0M
Net Profit$-524.0M$-368.0M$-276.0M$-119.0M$-164.0M
EPS$-42.90$-29.51$-21.79$-8.68$-9.73
Op Margin-437.8%-261.0%-152.5%-106.9%-236.8%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$1.1B$711.0M$398.0M$304.0M$280.0M
Total Liabilities$438.0M$344.0M$267.0M$243.0M$191.0M
Cash$25.0M$88.0M$35.0M$44.0M$15.0M
Borrowings$143.0M$131.0M$118.0M$103.0M$149.0M

Latest News

NKTR Stock Clocks Best Day In Over 2 Months As Investors Await Upcoming Clinical Data In Eczema Stocktwits · Jul 3, 2026 Nektar Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) PR Newswire · Jun 26, 2026 What a $1.2 Million Insider Sale Means for Nektar With Shares Up 160% This Past Year Motley Fool · Jun 24, 2026 3 Biotech Takeover Targets Wall Street Is Watching After the Apogee Deal 24/7 Wall St. · Jun 23, 2026 Nektar Therapeutics Insider Sold Shares Worth $1,215,056, According to a Recent SEC Filing MT Newswires · Jun 22, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$-413.0M$-304.0M$-193.0M$-176.0M$-209.0M
Investing Cash Flow$188.0M$360.0M$139.0M$141.0M$-1.0M
Financing Cash Flow$3.0M$1.0M$0$12.0M$0
Net Cash Flow$-174.0M$63.0M$-53.0M$9.0M$-29.0M
Free Cash Flow$-428.0M$-310.0M$-193.0M$-177.0M$-209.0M

Valuation & Return Ratios

MetricValue
PEG Ratio-0.68
EV / EBITDA-10.02
FCF Yield-18.72%
Quick Ratio10.42
Interest Coverage-4.24
Return 1Y177.44%
Return 3Y772.45%
Return 5Y-73.01%

About Nektar Therapeutics

Nektar Therapeutics is led by CEO Howard W. Robin, employs 61 people, headquartered in US, publicly traded since 1994.

Nektar Therapeutics (NKTR) stock trades at $37.42 with a market capitalization of $1.07B. The stock is valued at a negative price-to-earnings (P/E) ratio of -6.50, reflecting a net loss over the last twelve months, price-to-book of 1.60, price-to-sales of 22.90. Over the past 52 weeks the stock has ranged between $33.40 and $109.00, and currently trades 65.7% below its 52-week high.

On profitability, Nektar Therapeutics generates a return on equity (ROE) of -37.99% (negative, reflecting a net loss), return on capital employed of -12.81%, an operating margin of -238.18%, a net profit margin of -287.84%.

Nektar Therapeutics by the numbers, 2016–2025

Between 2016 and 2025 Nektar Therapeutics reported revenue of $165.0M rising to $55.0M, a change of -66.7% across 10 years. Compounded, revenue has grown -18.5% a year over five years, -15.8% over three, -43.9% over the last twelve months. Net profit fell to $-164.0M.

Operating margin went from -68.2% in 2016 to -236.8% in 2025, a fall of 168.6 percentage points. The most recent net margin is -287.84%. On a trailing twelve-month basis to Jun '26, revenue is $55.0M and net profit $-158.0M.

Borrowings fell from $249.0M to $149.0M, cash from operations was $-209.0M in the latest year, positive in 1 of the last 10.

Return on equity has averaged -153.1% over five years, and was -182.2% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Nektar Therapeutics (NKTR) — frequently asked questions

What is Nektar Therapeutics (NKTR) stock price today?

Nektar Therapeutics (NKTR) is currently trading at $37.42, up 0.55% today.

What is NKTR P/E ratio?

Nektar Therapeutics's P/E ratio is -6.50. A negative P/E means the company reported a net loss over the last twelve months, so P/E is not a meaningful valuation measure for it right now.

What is NKTR return on equity (ROE)?

Nektar Therapeutics's return on equity (ROE) is -37.99%. ROE measures net income relative to shareholders' equity. A negative ROE means the company reported a net loss over the period.

What is Nektar Therapeutics's market cap?

Nektar Therapeutics has a market capitalization of $1.07B.

Does NKTR pay a dividend?

Nektar Therapeutics is not currently showing a dividend yield in our data, which means no recent cash dividend was recorded for it.

How much debt does NKTR carry?

Nektar Therapeutics has a debt-to-equity ratio of 0.15. That compares total borrowings with shareholders' equity: a figure under 1 means equity exceeds debt.

What is NKTR's profit margin?

Nektar Therapeutics reports a net profit margin of -287.84% — the share of revenue left after every cost, including tax and interest.

What sector is NKTR in?

Nektar Therapeutics is classified under Healthcare, in the Biotechnology industry. Ratios are most informative compared with other companies in the same industry rather than across the whole market.

Which exchange is NKTR listed on?

Nektar Therapeutics trades on NCM under the ticker NKTR.

What is NKTR's 52-week range?

Over the last year Nektar Therapeutics has traded between $33.40 and $109.00.

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Screens NKTR currently matches

On the figures above, Nektar Therapeutics passes the filters for 6 of our ready-made screens, among them Low Debt Stocks, Small Cap Stocks, Stocks Under $100. Appearing on a screen means the numbers meet its filters today and nothing more; the list is rebuilt whenever the data changes.

Low Debt StocksSmall Cap StocksStocks Under $100Stocks Under $50Debt to Equity Below 1 StocksHigh Current Ratio Stocks

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Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.