NASDAQ:NKTX Nkarta (NKTX) Stock Forecast, Price & News $1.37 +0.06 (+4.58%) (As of 10/3/2023 ET) Add Compare Share Share Today's Range$1.28▼$1.4050-Day Range$1.31▼$2.2952-Week Range$1.28▼$14.57Volume502,444 shsAverage Volume465,061 shsMarket Capitalization$67.21 millionP/E RatioN/ADividend YieldN/APrice Target$18.67 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Nkarta MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside1,262.5% Upside$18.67 Price TargetShort InterestBearish6.52% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.17Based on 5 Articles This WeekInsider TradingSelling Shares$2,436 Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($2.83) to ($2.86) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.98 out of 5 starsMedical Sector628th out of 967 stocksBiotechnology Industry26th out of 43 stocks 3.4 Analyst's Opinion Consensus RatingNkarta has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.67, Nkarta has a forecasted upside of 1,262.5% from its current price of $1.37.Amount of Analyst CoverageNkarta has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.52% of the outstanding shares of Nkarta have been sold short.Short Interest Ratio / Days to CoverNkarta has a short interest ratio ("days to cover") of 6.2.Change versus previous monthShort interest in Nkarta has recently increased by 4.58%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldNkarta does not currently pay a dividend.Dividend GrowthNkarta 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 NKTX. Previous Next 2.9 News and Social Media Coverage News SentimentNkarta has a news sentiment score of 0.17. 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 0.67 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Nkarta this week, compared to 1 article on an average week.Search Interest5 people have searched for NKTX on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.MarketBeat Follows7 people have added Nkarta to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Nkarta insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,436.00 in company stock.Percentage Held by InsidersOnly 5.60% of the stock of Nkarta is held by insiders.Percentage Held by Institutions80.54% of the stock of Nkarta is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Nkarta are expected to decrease in the coming year, from ($2.83) to ($2.86) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nkarta is -0.54, 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 Nkarta is -0.54, 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 RatioNkarta has a P/B Ratio of 0.18. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Nkarta (NASDAQ:NKTX) StockNkarta, Inc., a clinical-stage biopharmaceutical company, develops and commercializes cell therapies for cancer treatment. The company's approach for cellular immunotherapy involves chimeric antigen receptors on the surface of a lymphocyte that enable the cell to recognize specific proteins or antigens that are present on the surface of tumor cells. Its two co-lead product candidates are NKX101, which is in Phase I clinical trials for the treatment of relapsed/refractory acute myeloid leukemia or higher risk myelodysplastic syndromes; and NKX019, that is in phase I for the treatment of various B cell malignancies by targeting the CD19 antigen found on these types of cancerous cells. The company has a research collaboration agreement with CRISPR Therapeutics AG. Nkarta, Inc. was incorporated in 2015 and is based in South San Francisco, California.Read More NKTX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NKTX Stock News HeadlinesOctober 2, 2023 | americanbankingnews.comAnalysts Offer Predictions for Nkarta, Inc.'s Q3 2023 Earnings (NASDAQ:NKTX)September 28, 2023 | markets.businessinsider.comPromising Prospects for Ventyx Biosciences: A Comprehensive Analysis of VTX002’s Potential in Ulcerative Colitis TreatmentOctober 4, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.September 9, 2023 | benzinga.comNkarta Stock (NASDAQ:NKTX), Analyst Ratings, Price Targets, PredictionsAugust 14, 2023 | nasdaq.comMizuho Maintains Nkarta (NKTX) Buy RecommendationAugust 14, 2023 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Nkarta (NKTX) and Ventyx Biosciences (VTYX)August 11, 2023 | msn.comHC Wainwright & Co. Reiterates Nkarta (NKTX) Buy RecommendationAugust 11, 2023 | markets.businessinsider.comH.C. Wainwright Keeps Their Buy Rating on Nkarta (NKTX)October 4, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.August 11, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for NkartaAugust 10, 2023 | finanznachrichten.deNkarta, Inc.: Nkarta Reports Second Quarter 2023 Financial Results and Corporate HighlightsAugust 10, 2023 | finance.yahoo.comNkarta Reports Second Quarter 2023 Financial Results and Corporate HighlightsJuly 6, 2023 | msn.comNkarta (NKTX) Price Target Decreased by 25.24% to 20.02July 5, 2023 | finance.yahoo.comNkarta Appoints Alyssa Levin Chief Financial and Business OfficerJune 29, 2023 | msn.comRaymond James Maintains Nkarta (NKTX) Outperform RecommendationJune 28, 2023 | finance.yahoo.comHere's Why Nkarta, Inc. (NKTX) is Poised for a Turnaround After Losing -39.31% in 4 WeeksJune 28, 2023 | msn.comHC Wainwright & Co. Maintains Nkarta (NKTX) Buy RecommendationJune 28, 2023 | msn.comNeedham Maintains Nkarta (NKTX) Buy RecommendationJune 27, 2023 | benzinga.comNeedham Maintains Buy on Nkarta, Lowers Price Target to $19June 27, 2023 | bizjournals.comWhy Wall Street shaved a third of Peninsula cancer cell therapy company's value despite good newsJune 27, 2023 | markets.businessinsider.comNKX101's Leukemia Setting Phase 1 Results a Setback for Nkarta: Analyst Lowers Price Target Amid Revised Development TimelineJune 27, 2023 | markets.businessinsider.comNeedham Keeps Their Buy Rating on Nkarta (NKTX)June 27, 2023 | msn.comNkarta's Updated Data From Leukemia Study Fails To Cheer InvestorsJune 27, 2023 | msn.comNkarta off 34% after updating early-stage data for leukemia therapyJune 27, 2023 | markets.businessinsider.comAnalyst Expectations for Nkarta's FutureJune 27, 2023 | finance.yahoo.comWhy Shares of Nkarta Are Slumping TuesdayJune 27, 2023 | finance.yahoo.comNkarta Updates Clinical Progress of CAR-NK Cell Therapy NKX101 for Patients with Relapsed or Refractory Acute Myeloid LeukemiaSee More Headlines Receive NKTX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nkarta and its competitors with MarketBeat's FREE daily newsletter. Email Address NKTX Company Calendar Last Earnings8/10/2023Today10/04/2023Next Earnings (Estimated)11/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Biotechnology Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:NKTX CUSIPN/A CIK1787400 Webwww.nkartatx.com Phone925-407-1049FaxN/AEmployees169Year FoundedN/APrice Target and Rating Average Stock Price Forecast$18.67 High Stock Price Forecast$26.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+1,262.5%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($2.56) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-113,840,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-34.83% Return on Assets-26.83% Debt Debt-to-Equity RatioN/A Current Ratio10.77 Quick Ratio10.77 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$7.63 per share Price / Book0.18Miscellaneous Outstanding Shares49,060,000Free Float46,311,000Market Cap$67.21 million OptionableNot Optionable Beta0.04 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Paul J. Hastings (Age 63)CEO, Pres & Director Comp: $938.41kDr. Alicia J. Hager (Age 53)Chief Legal Officer & Corp. Sec. Comp: $590.94kMs. Alyssa Levin C.A. (Age 38)CPA, Chief Financial & Bus. Officer and Principal Accounting Officer Dr. Ralph Brandenberger Ph.D. (Age 54)Chief Technical Officer Dr. James Trager Ph.D. (Age 59)Ph.D., Chief Scientific Officer Ms. Yvonne Li M.B.A. (Age 63)Chief Admin. Officer Mr. Greg MannVP of Public Affairs and Investor RelationsDr. David R. Shook M.D. (Age 45)Chief Medical Officer More ExecutivesKey CompetitorsHomology MedicinesNASDAQ:FIXXSurface OncologyNASDAQ:SURFAthira PharmaNASDAQ:ATHAOutlook TherapeuticsNASDAQ:OTLKMagenta TherapeuticsNASDAQ:MGTAView All CompetitorsInsiders & InstitutionsBarclays PLCSold 17,697 shares on 9/21/2023Ownership: 0.769%David ShookSold 1,331 sharesTotal: $2,435.73 ($1.83/share)Public Employees Retirement System of OhioBought 32,730 shares on 8/15/2023Ownership: 0.281%Goldman Sachs Group Inc.Bought 33,358 shares on 8/15/2023Ownership: 0.195%Wells Fargo & Company MNBought 5,063 shares on 8/15/2023Ownership: 0.037%View All Insider TransactionsView All Institutional Transactions NKTX Stock - Frequently Asked Questions Should I buy or sell Nkarta stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nkarta in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NKTX shares. View NKTX analyst ratings or view top-rated stocks. What is Nkarta's stock price forecast for 2023? 5 brokerages have issued 1 year target prices for Nkarta's stock. Their NKTX share price forecasts range from $15.00 to $26.00. On average, they expect the company's share price to reach $18.67 in the next twelve months. This suggests a possible upside of 1,262.5% from the stock's current price. View analysts price targets for NKTX or view top-rated stocks among Wall Street analysts. How have NKTX shares performed in 2023? Nkarta's stock was trading at $5.99 at the beginning of the year. Since then, NKTX shares have decreased by 77.1% and is now trading at $1.37. View the best growth stocks for 2023 here. When is Nkarta's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023. View our NKTX earnings forecast. How were Nkarta's earnings last quarter? Nkarta, Inc. (NASDAQ:NKTX) posted its quarterly earnings results on Thursday, August, 10th. The company reported ($0.68) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.69) by $0.01. What other stocks do shareholders of Nkarta own? Based on aggregate information from My MarketBeat watchlists, some companies that other Nkarta investors own include Axcella Health (AXLA), Cronos Group (CRON), Block (SQ), Advanced Micro Devices (AMD), ASML (ASML), Beyond Meat (BYND), Citigroup (C), Salesforce (CRM), CVS Health (CVS) and DraftKings (DKNG). When did Nkarta IPO? (NKTX) raised $150 million in an IPO on Friday, July 10th 2020. The company issued 10,000,000 shares at $14.00-$16.00 per share. Cowen, Evercore ISI, Stifel and Mizuho Securities acted as the underwriters for the IPO. What is Nkarta's stock symbol? Nkarta trades on the NASDAQ under the ticker symbol "NKTX." How do I buy shares of Nkarta? Shares of NKTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Nkarta's stock price today? One share of NKTX stock can currently be purchased for approximately $1.37. How much money does Nkarta make? Nkarta (NASDAQ:NKTX) has a market capitalization of $67.21 million. The company earns $-113,840,000.00 in net income (profit) each year or ($2.56) on an earnings per share basis. How many employees does Nkarta have? The company employs 169 workers across the globe. How can I contact Nkarta? Nkarta's mailing address is 6000 SHORELINE COURT SUITE 102, SOUTH SAN FRANCISCO CA, 94080. The official website for the company is www.nkartatx.com. The company can be reached via phone at 925-407-1049 or via email at gmann@nkartatx.com. 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