NASDAQ:IKNA Ikena Oncology (IKNA) Stock Price, News & Analysis → We recommended Nvidia in 2016, now we’re recommending this… (From Porter & Company) (Ad) Free IKNA Stock Alerts $1.77 -0.02 (-1.12%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range$1.72▼$1.8150-Day Range$1.24▼$1.7952-Week Range$1.02▼$7.38Volume493,356 shsAverage Volume377,078 shsMarket Capitalization$85.42 millionP/E RatioN/ADividend YieldN/APrice Target$3.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get Ikena Oncology alerts: Email Address Ikena Oncology MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside69.5% Upside$3.00 Price TargetShort InterestHealthy5.87% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.11Based on 18 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.33) to ($1.19) Per ShareSee Full Details Hide Full Details 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.2.62 out of 5 starsMedical Sector486th out of 929 stocksBiological Products, Except Diagnostic Industry74th out of 153 stocks 3.3 Analyst's Opinion Consensus RatingIkena Oncology has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageIkena Oncology has only been the subject of 2 research reports in the past 90 days.Read more about Ikena Oncology's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted5.87% of the float of Ikena Oncology has been sold short.Short Interest Ratio / Days to CoverIkena Oncology has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Ikena Oncology has recently decreased by 9.21%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldIkena Oncology does not currently pay a dividend.Dividend GrowthIkena Oncology does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IKNA. Previous Next 2.8 News and Social Media Coverage News SentimentIkena Oncology has a news sentiment score of 0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.82 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 18 news articles for Ikena Oncology this week, compared to 1 article on an average week.Search Interest2 people have searched for IKNA on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Ikena Oncology to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ikena Oncology insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.94% of the stock of Ikena Oncology is held by insiders.Percentage Held by Institutions75.00% of the stock of Ikena Oncology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Ikena Oncology's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Ikena Oncology are expected to grow in the coming year, from ($1.33) to ($1.19) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ikena Oncology is -1.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Ikena Oncology is -1.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioIkena Oncology has a P/B Ratio of 0.55. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Ikena Oncology's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…You must read this new presentation from Porter Stansberry. About Ikena Oncology Stock (NASDAQ:IKNA)Ikena Oncology, Inc. operates as an oncology company that develops differentiated therapies for patients in need that target nodes of cancer growth, spread, and therapeutic resistance in the United States. Its lead program is IK-930, an internally discovered, oral, TEAD1-selective, small molecule inhibitor of the Hippo pathway. The company also develops IK-595, a molecular glue designed to trap MEK and RAF in an inactive complex. Ikena Oncology, Inc. was incorporated in 2016 and is headquartered in Boston, Massachusetts.Read More IKNA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IKNA Stock News HeadlinesMay 31 at 8:08 AM | americanbankingnews.comIkena Oncology, Inc. Forecasted to Earn Q2 2024 Earnings of ($0.29) Per Share (NASDAQ:IKNA)May 30 at 4:42 AM | americanbankingnews.comIkena Oncology (NASDAQ:IKNA) Given New $4.00 Price Target at HC WainwrightMay 30 at 4:42 AM | americanbankingnews.comIkena Oncology (NASDAQ:IKNA) Downgraded by Wedbush to "Neutral"May 29 at 6:39 PM | msn.comWedbush downgrades Ikena, cites discontinuation of lead assetMay 29 at 6:39 PM | msn.comIkena Oncology Discontinues IK-930 Program And Cuts Workforce, Analyst Calls It 'Disappointing'May 29 at 1:38 PM | msn.comThis American Airlines Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For WednesdayMay 28 at 7:59 PM | marketwatch.comIkena Oncology to Cut Half of Workforce, Discontinue Development of CandidateMay 28 at 7:59 PM | msn.comIkena to cut workforce by 53%, explore strategic optionsMay 28 at 4:42 PM | globenewswire.comUPDATE – Ikena Oncology Announces Strategic UpdateMay 28 at 4:15 PM | globenewswire.comIkena Oncology Announces Strategic UpdateMay 13, 2024 | investorplace.comIKNA Stock Earnings: Ikena Oncology Beats EPS for Q1 2024May 13, 2024 | globenewswire.comIkena Oncology Reports First Quarter 2024 Financial Results and Corporate UpdateApril 21, 2024 | finance.yahoo.comIkena Oncology, Inc. (IKNA)April 10, 2024 | globenewswire.comIkena Oncology to Present at the Stifel 2024 Virtual Targeted Oncology ForumMarch 19, 2024 | markets.businessinsider.comThe Analyst Landscape: 4 Takes On Ikena OncologyMarch 14, 2024 | finance.yahoo.comIkena Oncology Full Year 2023 Earnings: EPS Beats Expectations, Revenues LagMarch 13, 2024 | markets.businessinsider.comIkena Oncology’s Promising Drug Pipeline Merits a Buy RatingMarch 12, 2024 | benzinga.comIkena Oncology: Q4 Earnings InsightsMarch 12, 2024 | finanznachrichten.deIkena Oncology, Inc.: Ikena Oncology Reports Fourth Quarter and Full Year 2023 Financial ResultsMarch 12, 2024 | globenewswire.comIkena Oncology Reports Fourth Quarter and Full Year 2023 Financial ResultsFebruary 27, 2024 | globenewswire.comIkena Oncology to Participate in TD Cowen 44th Annual Health Care ConferenceFebruary 21, 2024 | finance.yahoo.comIkena Oncology Appoints Caroline Germa, M.D. as Chief Medical OfficerFebruary 21, 2024 | globenewswire.comIkena Oncology Appoints Caroline Germa, M.D. as Chief Medical OfficerFebruary 14, 2024 | finance.yahoo.comDown -29.05% in 4 Weeks, Here's Why Ikena Oncology, Inc. (IKNA) Looks Ripe for a TurnaroundJanuary 24, 2024 | finance.yahoo.comDown -33.01% in 4 Weeks, Here's Why Ikena Oncology, Inc. (IKNA) Looks Ripe for a TurnaroundSee More Headlines Receive IKNA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ikena Oncology and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/13/2024Today5/31/2024Next Earnings (Estimated)8/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Biological products, except diagnostic Sub-IndustryN/A Current SymbolNASDAQ:IKNA CUSIPN/A CIK1835579 Webikenaoncology.com Phone857-273-8343FaxN/AEmployees34Year FoundedN/APrice Target and Rating Average Stock Price Target$3.00 High Stock Price Target$4.00 Low Stock Price Target$2.00 Potential Upside/Downside+67.6%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($1.58) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-68,170,000.00 Net MarginsN/A Pretax Margin-2,638.17% Return on Equity-42.38% Return on Assets-35.91% Debt Debt-to-Equity RatioN/A Current Ratio15.85 Quick Ratio15.85 Sales & Book Value Annual Sales$9.16 million Price / Sales9.43 Cash FlowN/A Price / Cash FlowN/A Book Value$3.22 per share Price / Book0.56Miscellaneous Outstanding Shares48,260,000Free Float45,391,000Market Cap$86.39 million OptionableNot Optionable Beta0.33 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesDr. Mark Manfredi Ph.D. (Age 53)President, CEO & Director Comp: $810.69kDr. Jotin Marango M.D. (Age 45)Ph.D., CFO & Head of Corporate Development Comp: $577.12kMr. Bob LallySenior Vice President of Finance & OperationsMs. Srividya Subramanian Esq.Ph.D., VP & Deputy General CounselMs. Samantha VuksanicHead of Human ResourcesMr. Jeffrey Ecsedy Ph.D. (Age 54)Chief Development Officer Mr. Navin Parwani M.S.VP & Head of QualityMr. David Damphousse M.S.Senior Vice President of Clinical Development OperationsDr. Caroline Germa M.D. (Age 52)Ph.D., Chief Medical Officer Mr. Valdas Jurkauskas Ph.D.Senior Vice President of Technical OperationsMore ExecutivesKey CompetitorsSpero TherapeuticsNASDAQ:SPROXilio TherapeuticsNASDAQ:XLOVor BiopharmaNYSE:VORInventivaNASDAQ:IVAG1 TherapeuticsNASDAQ:GTHXView All CompetitorsInstitutional OwnershipJacobs Levy Equity Management Inc.Bought 457,245 shares on 5/16/2024Ownership: 1.064%Acadian Asset Management LLCBought 261,060 shares on 5/10/2024Ownership: 0.586%Marquette Asset Management LLCBought 72,890 shares on 5/7/2024Ownership: 0.151%View All Institutional Transactions IKNA Stock Analysis - Frequently Asked Questions Should I buy or sell Ikena Oncology stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ikena Oncology in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" IKNA shares. View IKNA analyst ratings or view top-rated stocks. What is Ikena Oncology's stock price target for 2024? 3 analysts have issued 12 month price objectives for Ikena Oncology's shares. Their IKNA share price targets range from $2.00 to $4.00. On average, they expect the company's share price to reach $3.00 in the next year. This suggests a possible upside of 69.5% from the stock's current price. View analysts price targets for IKNA or view top-rated stocks among Wall Street analysts. How have IKNA shares performed in 2024? Ikena Oncology's stock was trading at $1.97 at the beginning of 2024. Since then, IKNA stock has decreased by 10.2% and is now trading at $1.77. View the best growth stocks for 2024 here. Are investors shorting Ikena Oncology? Ikena Oncology saw a drop in short interest in May. As of May 15th, there was short interest totaling 1,380,000 shares, a drop of 9.2% from the April 30th total of 1,520,000 shares. Based on an average daily volume of 324,400 shares, the short-interest ratio is presently 4.3 days. Currently, 5.9% of the company's stock are short sold. View Ikena Oncology's Short Interest. When is Ikena Oncology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024. View our IKNA earnings forecast. How were Ikena Oncology's earnings last quarter? Ikena Oncology, Inc. (NASDAQ:IKNA) announced its quarterly earnings data on Monday, May, 13th. The company reported ($0.28) EPS for the quarter, beating the consensus estimate of ($0.40) by $0.12. When did Ikena Oncology IPO? Ikena Oncology (IKNA) raised $125 million in an initial public offering on Friday, March 26th 2021. The company issued 7,800,000 shares at a price of $15.00-$17.00 per share. Jefferies, Cowen, Credit Suisse and William Blair served as the underwriters for the IPO. Who are Ikena Oncology's major shareholders? Ikena Oncology's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Jacobs Levy Equity Management Inc. (1.06%), Acadian Asset Management LLC (0.59%) and Marquette Asset Management LLC (0.15%). Insiders that own company stock include Jean Francois Formela, Venture Fund Xi LP Atlas and Xiaoyan Michelle Zhang. View institutional ownership trends. How do I buy shares of Ikena Oncology? Shares of IKNA 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. 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