Nektar Therapeutics (NASDAQ:NKTR) price on Wednesday, April 30, rose 7.40% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.80.
A look at the stock’s price movement, the close in the last trading session was $0.74, moving within a range at $0.72 and $0.8248. The beta value (5-Year monthly) was 0.693. Turning to its 52-week performance, $1.93 and $0.43 were the 52-week high and 52-week low respectively. Overall, NKTR moved 16.99% over the past month.
Nektar Therapeutics’s market cap currently stands at around $148.05 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-11.
The average forecast suggests down to a -26.45% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 63.85M, representing a -35.13% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that NKTR is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 2 recommend NKTR as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
NKTR’s current price about 25.40% and 5.06% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 60.78, while 7-day volatility ratio is 10.54% and 12.72% in the 30-day chart. Further, Nektar Therapeutics (NKTR) has a beta value of 0.64, and an average true range (ATR) of 0.07. Analysts have given the company’s stock an average 52-week price target of $18.5, forecast between a low of $6 and high of $24. Looking at the price targets, the low is -650.0% off current price level while to achieve the yearly target high, price needs to move -2900.0%. Nonetheless, investors will most likely welcome a -2212.5% jump to $18.5 which is the analysts’ median price.
If we refocus on Nektar Therapeutics (NASDAQ:NKTR), historical trading data shows that trading volumes averaged 1.83 over the past 10 days and 2.45 million over the past 3 months. The company’s latest data on shares outstanding shows there are 185.78 million shares.
The 3.62% of Nektar Therapeutics’s shares are in the hands of company insiders while institutional holders own 69.45% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 8.14 million on 2025-04-15, giving us a short ratio of 3.15. The data shows that as of 2025-04-15 short interest in Nektar Therapeutics (NKTR) stood at 557.0 of shares outstanding, with shares short rising to 6.95 million registered in 2025-03-14. Current price change has pushed the stock -14.46% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NKTR stock continues to rise going into the next quarter.
