Nektar Therapeutics Company Profile (NASDAQ:NKTR)

Nektar Therapeutics trades on the NASDAQ under the ticker symbol "NKTR."

Nektar Therapeutics (NASDAQ:NKTR) released its earnings results on Tuesday, August, 8th. The company reported ($0.39) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.35) by $0.04. The firm had revenue of $34.60 million for the quarter, compared to analyst estimates of $33.64 million. Nektar Therapeutics had a negative return on equity of 1,223.34% and a negative net margin of 157.14%. Nektar Therapeutics's revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.36) earnings per share. View Nektar Therapeutics' Earnings History.

Nektar Therapeutics is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Nektar Therapeutics.

10 brokers have issued 1 year price targets for Nektar Therapeutics' stock. Their forecasts range from $20.00 to $33.00. On average, they expect Nektar Therapeutics' share price to reach $27.11 in the next year. View Analyst Ratings for Nektar Therapeutics.

Here are some recent quotes from research analysts about Nektar Therapeutics stock:

• 1. Mizuho analysts commented, "We like the company for its immuno-oncology candidate NKTR-214, which could provide significant upside while the broad, royalty-generating portfolio helps smooth the revenue lumpiness a biotech company faces." (9/26/2017)
• 2. According to Zacks Investment Research, "Nektar reported wider-than-expected loss in the second quarter of 2017 with revenue missing estimates. The launch of its drugs, Movantik and Adynovate, has been on track with both the products performing impressively. Additionally, regular partnerships have enhanced the company’s financial position. Nektar stands to receive significant sales milestone plus royalties for Movantik under the license agreement with AstraZeneca, which might substantially boost its financial position. Also, its recent co-development deal with Lilly for NKTR-358 is also encouraging. However, Nektar relies heavily on partners for revenues. Partnership-related setbacks may weigh heavily on the company, while disappointing products sales could leave an adverse impact on its financial results. Nektar also has a promising pipeline, with several updates lined up for the next several quarters. The company’s shares have outperformed the industry in the year so far." (8/11/2017)
• 3. BTIG Research analysts commented, "Nektar announced positive results from the Phase 3 SUMMIT-07 study of NKTR-181, its novel, proprietary, abuse-resistant opioid for pain. NKTR- 181 met all important primary and secondary efficacy endpoints in the 610- patient study, and the molecule appeared well tolerated, materially derisking the program. At its primary endpoint at week 12 postrandomization, average pain scores increased 1.46 points on the Numeric Rating Scale with placebo, vs. 0.92 points for NKTR-181 (p=0.0019); other secondary endpoints were also as positive. NKTR-181 has been FastTracked, a rarity for an opioid, and with this highly positive study in hand, there is a possibility for rapid progression of NKTR-181, and a material partnership. With 181's success, and with the potential for additional meaningful catalysts near-term, we raise our NKTR price target to $27." (3/21/2017)
• 4. Jefferies Group LLC analysts commented, "The unexpected Ph 3 success for '181 brings this once very promising mu-opioid analgesic asset back to life. In our view, it could become NKTR's largest and most profitable product as it squarely addresses the 'opioid epidemic'. Mgt hopes to partner the drug by YE. We believe '181 could bring significant value (modeling 30% royalties and $250M+ in milestones) to the company as early as 2020. With this asset now unencumbered, NKTR now fits our M&A thesis." (3/21/2017)
• 5. Aegis analysts commented, "NKTR-181 met its primary endpoint in the phase III Summit-07 trial - increase Price Target to $25. Yesterday morning, Netkar Therapeutics announced that NKTR-181 met its primary endpoint of mean change in weekly average numeric rating scale (NRS) pain score for the randomized, double-blind treatment period from the end of the open-label titration period (baseline) to week 12. Average pain scores measured at week 12 from baseline increased 1.46 for placebo vs. 0.92 for NKTR-181 (p=0.0019). We had not previously factored in revenue from NKTR-181 into our price target. As a result of the positive phase III results, we now include such revenue under partnering assumptions in the US and raise our price target from $21 to $24." (3/20/2017)

Some companies that are related to Nektar Therapeutics include Icon Plc (ICLR), Exact Sciences Corporation (EXAS), Charles River Laboratories International (CRL), PRA Health Sciences (PRAH), United Therapeutics Corporation (UTHR), Galapagos NV (GLPG), Bio-Techne Corp (TECH), Puma Biotechnology (PBYI), PAREXEL International Corporation (PRXL), ACADIA Pharmaceuticals (ACAD), FibroGen (FGEN), WuXi PharmaTech (Cayman) (WX), Ligand Pharmaceuticals Incorporated (LGND), INC Research Holdings (INCR), Portola Pharmaceuticals (PTLA), Blueprint Medicines Corporation (BPMC), Sage Therapeutics (SAGE) and Ironwood Pharmaceuticals (IRWD).

Nektar Therapeutics' management team includes the folowing people:

• Robert B. Chess, Independent Chairman of the Board
• Howard W. Robin, President, Chief Executive Officer, Director
• Gilbert M. Labrucherie J.D., Chief Financial Officer, Senior Vice President
• John L. Nicholson, Chief Operating Officer, Senior Vice President
• Jillian B. Thomsen, Senior Vice President - Finance, Chief Accounting Officer
• Stephen K. Doberstein Ph.D., Senior Vice President, Chief Scientific Officer
• Ivan Philip Gergel M.D., Senior Vice President - Drug Development & Chief Medical Officer
• Maninder Hora Ph.D., Senior Vice President - Pharmaceutical Development and Manufacturing Operations
• Jeff Robert Ajer, Independent Director
• R. Scott Greer, Independent Director

Shares of Nektar Therapeutics can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Nektar Therapeutics stock can currently be purchased for approximately $23.67.