Free Trial
NASDAQ:OLMA

Olema Pharmaceuticals (OLMA) Stock Price, News & Analysis

$13.08
-0.05 (-0.38%)
(As of 02:46 PM ET)
Today's Range
$12.64
$13.49
50-Day Range
$8.73
$13.99
52-Week Range
$7.37
$17.79
Volume
583,971 shs
Average Volume
876,550 shs
Market Capitalization
$731.56 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$22.00

Olema Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
67.3% Upside
$22.00 Price Target
Short Interest
Bearish
15.27% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.50mentions of Olema Pharmaceuticals in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$612,450 Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($2.30) to ($2.44) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.33 out of 5 stars

Medical Sector

695th out of 904 stocks

Pharmaceutical Preparations Industry

325th out of 427 stocks

OLMA stock logo

About Olema Pharmaceuticals Stock (NASDAQ:OLMA)

Olema Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of therapies for women's cancers. Its lead product candidate is OP-1250, an estrogen receptor (ER) antagonist and a selective ER degrader, which is in Phase 3 clinical trial for the treatment of recurrent, locally advanced, or metastatic estrogen receptor-positive, human epidermal growth factor receptor 2-negative breast cancer; and OP-1250 combine with CDK4/6 inhibitors palbociclib, ribociclib, and alpelisib in Phase 1/2 clinical trial for the treatment of recurrent, locally advanced, or metastatic estrogen receptor-positive human epidermal growth factor receptor 2-negative breast cancer, as well as develops OPERA-01 for the of ER+/HER2- advanced or metastatic breast cancer. The company was formerly known as CombiThera, Inc. and changed its name to Olema Pharmaceuticals, Inc. in March 2009. Olema Pharmaceuticals, Inc. was incorporated in 2006 and is headquartered in San Francisco, California.

OLMA Stock Price History

OLMA Stock News Headlines

Olema Pharmaceuticals (NASDAQ:OLMA) Shares Gap Down to $13.92
Analysts Set Olema Pharmaceuticals, Inc. (NASDAQ:OLMA) PT at $22.00
Olema Pharmaceuticals Inc.
Olema Pharmaceuticals, Inc. (OLMA)
See More Headlines
Receive OLMA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Olema Pharmaceuticals and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/08/2024
Today
6/10/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:OLMA
Fax
N/A
Employees
74
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$22.00
High Stock Price Target
$30.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+67.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$-96,650,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$4.61 per share

Miscellaneous

Free Float
45,083,000
Market Cap
$735.48 million
Optionable
Optionable
Beta
2.05
10 Best Stocks to Own in 2024 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

Key Executives

  • Dr. Sean P. Bohen M.D. (Age 57)
    Ph.D., President, CEO & Director
    Comp: $1M
  • Mr. Shane William Charles Kovacs M.B.A. (Age 50)
    Chief Operating & Financial Officer
    Comp: $726.17k
  • Dr. Naseem Zojwalla M.D. (Age 51)
    Chief Medical Officer
    Comp: $775.48k
  • Mr. Geoffrey Mogilner
    Vice President of Investor Relations & Communications
  • Ms. Julie Dexter
    Senior VP & Head of People
  • Dr. David C. Myles Ph.D. (Age 61)
    Chief Discovery & Non-Clinical Development Officer
    Comp: $200k
  • Ms. Demiana Faltaos Ph.D.
    Pharm.D., VP & Head of Clinical Pharmacology
  • Mr. John B. Moriarty Jr. (Age 56)
    J.D., Corporate Secretary
    Comp: $434.32k
  • Ms. Sasha Austin CPA
    VP of Finance & Controller

OLMA Stock Analysis - Frequently Asked Questions

Should I buy or sell Olema Pharmaceuticals stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Olema Pharmaceuticals in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" OLMA shares.
View OLMA analyst ratings
or view top-rated stocks.

What is Olema Pharmaceuticals' stock price target for 2024?

7 Wall Street research analysts have issued 1-year price objectives for Olema Pharmaceuticals' shares. Their OLMA share price targets range from $18.00 to $30.00. On average, they predict the company's share price to reach $22.00 in the next year. This suggests a possible upside of 67.3% from the stock's current price.
View analysts price targets for OLMA
or view top-rated stocks among Wall Street analysts.

How have OLMA shares performed in 2024?

Olema Pharmaceuticals' stock was trading at $14.03 on January 1st, 2024. Since then, OLMA stock has decreased by 6.3% and is now trading at $13.15.
View the best growth stocks for 2024 here
.

When is Olema Pharmaceuticals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our OLMA earnings forecast
.

How were Olema Pharmaceuticals' earnings last quarter?

Olema Pharmaceuticals, Inc. (NASDAQ:OLMA) announced its quarterly earnings results on Wednesday, May, 8th. The company reported ($0.56) EPS for the quarter, missing the consensus estimate of ($0.53) by $0.03.

What ETF holds Olema Pharmaceuticals' stock?

Virtus LifeSci Biotech Clinical Trials ETF holds 7,300 shares of OLMA stock, representing 0.91% of its portfolio.

When did Olema Pharmaceuticals IPO?

Olema Pharmaceuticals (OLMA) raised $170 million in an initial public offering (IPO) on Thursday, November 19th 2020. The company issued 10,000,000 shares at a price of $16.00-$18.00 per share. J.P. Morgan, Jefferies, Cowen and Canaccord Genuity served as the underwriters for the IPO.

Who are Olema Pharmaceuticals' major shareholders?

Olema Pharmaceuticals' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.30%), Janus Henderson Group PLC (2.18%), Acadian Asset Management LLC (0.18%), Jacobs Levy Equity Management Inc. (0.13%), Swiss National Bank (0.13%) and ClariVest Asset Management LLC (0.11%). Insiders that own company stock include Biocapital Advisors L Paradigm, Bvf Partners L P/Il, Cyrus Harmon, David C Myles, G Walmsley Graham, Kinney Horn, Naseem Zojwalla and Sean Bohen.
View institutional ownership trends
.

How do I buy shares of Olema Pharmaceuticals?

Shares of OLMA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:OLMA) was last updated on 6/10/2024 by MarketBeat.com Staff

From Our Partners