NKTR

NEKTAR THERAPEUTICS

Nasdaq · Pharmaceutical Preparations · Inc. DE · CIK 0000906709
$59.38 +0.29% $2.0B
Insider Selling Cluster (2 insiders)High Impact Filing (7/10)16 New Institutional Positions7 Institutional Exits
Vol
Market Cap$2.0B
Cap SizeMid Cap
Analyst ConsensusStrong Buy (88%)
Inst. Holders50 funds
Inst. Value$899.0M
Inst. Activity16 buys / 7 sells
Insider Activity0B / 4S
Insider Net $-$86.1K
Reddit Sentiment67° Warm
SEC Reports10
Exchange Nasdaq·Sector Pharmaceutical Preparations·Inc. DE·CIK 0000906709·Prev Close $59.21

Recent Activity

Jun 11, 2026 SEC
In Q4 2025, four institutional buyers added $21.1M in NKTR positions (led by Point72 and Invesco doubling their stakes),
INST-CLUSTER — Impact 4/10
Jun 11, 2026 SEC
Five mega-passive institutional investors (Vanguard, BlackRock, State Street, Fidelity, Morgan Stanley) significantly in
INST-CLUSTER — Impact 3/10
May 21, 2026 SEC
Two top executives at Nektar Therapeutics (CEO Howard Robin and Chief R&D Officer Jonathan Zalevsky) sold a combined $42
CLUSTER — Impact 5/10
May 19, 2026 Insider
ROBIN HOWARD W sold 444 shares
President & CEO @ $65.51 ($29.1K)
May 19, 2026 Insider
Zalevsky Jonathan sold 199 shares
Chief R&D Officer @ $65.51 ($13.0K)
Feb 18, 2026 Insider
ROBIN HOWARD W sold 423 shares
President & CEO @ $73.00 ($30.9K)
Inst.
FMR LLC — DOUBLED
4,303,188 shares ($309.6M)
Inst.
Woodline Partners LP — DOUBLED
415,335 shares ($29.9M)

Price Targets

$153.25 +158.1% upside Strong Buy
Current $59.38 Low $80.00 Median $150.50 High $192.00 8 analysts
$80.00 $192.00

Analyst Ratings

Strong Buy88% buy · 16 analysts
7Strong Buy
7Buy
2Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 11, 2026 Wedbush MAINTAIN Neutral → Neutral
May 8, 2026 Piper Sandler MAINTAIN Overweight → Overweight
Apr 21, 2026 Citigroup MAINTAIN Buy → Buy
Apr 21, 2026 Wedbush MAINTAIN Neutral → Neutral
Apr 20, 2026 HC Wainwright & Co. MAINTAIN Buy → Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $-2.04 $-2.74 — $-1.72 27% YoY 4
Next Q $-0.52 ▲ +55.5% $-3.15 — $5.30 72% YoY 4
Current FY $-9.54 ▲ +4.7% $-11.02 — $-7.62 -10% YoY 4
Next FY $-12.56 ▼ -11.8% $-14.04 — $-10.18 -32% YoY 4

Top Institutional Holders

FundValueMove
FMR LLC$309.6MDOUBLED
VANGUARD CAPITAL MANAGEMENT LLC$86.1M
TWO SIGMA INVESTMENTS, LP$67.0M
BlackRock, Inc.$49.8MADD
MORGAN STANLEY$47.4MTRIM

Recent Insider Trades

DateInsiderTypeValue
May 19, 2026ROBIN HOWARDSELL$29.1K
May 19, 2026Zalevsky JonathanSELL$13.0K
Feb 18, 2026ROBIN HOWARDSELL$30.9K
Feb 18, 2026Zalevsky JonathanSELL$13.1K

Reddit Sentiment

67°
Warm
Bearish Neutral Bullish
5 mentions 3 bullish 0 bearish
50 institutional holders with $899.0M total value (12,497,426 shares) as of 2026-Q1. Top holders: FMR, VANGUARD, TWO. Net buying activity: 16 institutions added/increased vs 7 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1FMR LLC4,303,188$309.6M34.4%DOUBLED +4155.1%
2VANGUARD CAPITAL MANAGEMENT LLC1,197,055$86.1M9.6%
3TWO SIGMA INVESTMENTS, LP930,741$67.0M7.4%
4BlackRock, Inc.692,650$49.8M5.5%ADD +46.7%
5MORGAN STANLEY659,387$47.4M5.3%TRIM -39.0%
6Invesco Ltd.567,458$40.8M4.5%DOUBLED +106.3%
7CITADEL ADVISORS LLC513,531$36.9M4.1%
8SUSQUEHANNA INTERNATIONAL GROUP, LLP433,000$31.2M3.5%
9Woodline Partners LP415,335$29.9M3.3%DOUBLED +299.4%
10SUSQUEHANNA INTERNATIONAL GROUP, LLP249,090$17.9M2.0%
11STATE STREET CORP244,727$17.6M2.0%ADD +25.1%
12SUSQUEHANNA INTERNATIONAL GROUP, LLP221,100$15.9M1.8%
13VANGUARD FIDUCIARY TRUST CO169,308$12.2M1.4%
14CHARLES SCHWAB INVESTMENT MANAGEMENT INC168,007$12.1M1.3%ADD +39.6%
15MARSHALL WACE, LLP140,588$10.1M1.1%DOUBLED +485.2%
16AMERIPRISE FINANCIAL INC136,730$9.8M1.1%
17GOLDMAN SACHS GROUP INC126,942$9.1M1.0%
18CITADEL ADVISORS LLC113,400$8.2M0.9%
19Russell Investments Group, Ltd.106,248$7.6M0.9%DOUBLED +402.5%
20ING GROEP NV100,000$7.2M0.8%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
FMR LLCDOUBLED101,1294,303,188+4155.1%$309.6M2026-Q1
Woodline Partners LPDOUBLED104,000415,335+299.4%$29.9M2026-Q1
STATE STREET CORPADD195,656244,727+25.1%$17.6M2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INCADD120,380168,007+39.6%$12.1M2026-Q1
MARSHALL WACE, LLPDOUBLED24,023140,588+485.2%$10.1M2026-Q1
BANK OF AMERICA CORP /DE/DOUBLED26,09258,958+126.0%$4.2M2026-Q1
Trexquant Investment LPDOUBLED18,82155,476+194.8%$4.0M2026-Q1
RENAISSANCE TECHNOLOGIES LLCNEAR_EXIT172,88141,781-75.8%$3.0M2026-Q1
Jain Global LLCDOUBLED17,29936,181+109.2%$2.6M2026-Q1
BALYASNY ASSET MANAGEMENT L.P.NEAR_EXIT282,02135,851-87.3%$2.6M2026-Q1
Legal & General Group PlcADD12,41316,658+34.2%$1.2M2026-Q1
GLENMEDE TRUST CO NAADD8,59013,865+61.4%$997.6K2026-Q1
STATE OF WISCONSIN INVESTMENT BOARDADD8,62913,670+58.4%$983.6K2026-Q1
Point72 Asset Management, L.P.NEAR_EXIT433,41913,364-96.9%$961.5K2026-Q1
ENVESTNET ASSET MANAGEMENT INCDOUBLED5,38410,883+102.1%$783.0K2026-Q1
JANUS HENDERSON GROUP PLCADD8,10010,729+32.5%$771.1K2026-Q1
Hudson Bay Capital Management LPNEAR_EXIT59,69110,332-82.7%$743.4K2026-Q1
GROUP ONE TRADING LLCDOUBLED1,4485,949+310.8%$428.0K2026-Q1
SEI INVESTMENTS COTRIM10,2924,471-56.6%$321.7K2026-Q1
RHUMBLINE ADVISERSDOUBLED100600+500.0%$43.2K2026-Q1
BNP Paribas Asset Management Holding S.A.DOUBLED178397+123.0%$28.6K2026-Q1
HRT FINANCIAL LPTRIM173,44370,667-59.3%$5.1K2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLCEXIT295,7160-100.0%$0.002026-Q1
MORGAN STANLEYTRIM929,151566,421-39.0%$23.9M2025-Q4
Invesco Ltd.DOUBLED226,897468,159+106.3%$19.8M2025-Q4
2 unique insiders with 4 transactions. Net insider value: -$86.1K ($0.00 bought, $86.1K sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 19, 2026ROBIN HOWARD WPresident & CEOSELL444$65.51$29.1K
May 19, 2026Zalevsky JonathanChief R&D OfficerSELL199$65.51$13.0K
Feb 18, 2026ROBIN HOWARD WPresident & CEOSELL423$73.00$30.9K
Feb 18, 2026Zalevsky JonathanChief R&D OfficerSELL180$73.00$13.1K

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Strong Buy (88% buy). Based on 16 analysts: 7 strong buy, 7 buy, 2 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$153.25 mean target +158.1% upside Strong Buy (1.30)
$80.00 Low $192.00 High
MetricValue
Current Price$59.38
Target Low$80.00
Target Mean$153.25
Target Median$150.50
Target High$192.00
# Analysts8
RecommendationStrong Buy (1.30)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$-2.04 $-2.74 $-1.72 26.7% +0.1% 2↑ 0↓ $0.0B -7.1% 4
Next Q
2026-09-30
$-0.52 $-3.15 $5.30 72.4% +55.5% $0.0B -13.7% 4
Current FY
2026-12-31
$-9.54 $-11.02 $-7.62 -10.2% +4.7% 1↑ 1↓ $0.0B -25.4% 4
Next FY
2027-12-31
$-12.56 $-14.04 $-10.18 -31.6% -11.8% 0↑ 3↓ $0.0B -10.5% 4

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$-2.038
7d ago$-1.647-0.390
30d ago$-2.040+0.002
60d ago$-2.185+0.147
90d ago$-2.920+0.882
7 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 2 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 11, 2026 Wedbush MAINTAIN Neutral Neutral
May 8, 2026 Piper Sandler MAINTAIN Overweight Overweight
Apr 21, 2026 Citigroup MAINTAIN Buy Buy
Apr 21, 2026 Wedbush MAINTAIN Neutral Neutral
Apr 20, 2026 HC Wainwright & Co. MAINTAIN Buy Buy
Apr 20, 2026 BTIG MAINTAIN Buy Buy
Mar 24, 2026 Wedbush INITIATE Neutral
Mar 17, 2026 TD Cowen INITIATE Buy
Mar 16, 2026 Citigroup MAINTAIN Buy Buy
Feb 23, 2026 B. Riley Securities REITERATE Buy Buy
Feb 10, 2026 HC Wainwright & Co. MAINTAIN Buy Buy
Feb 10, 2026 BTIG MAINTAIN Buy Buy
Jan 29, 2026 BTIG REITERATE Buy Buy
Dec 16, 2025 HC Wainwright & Co. MAINTAIN Buy Buy
Dec 16, 2025 BTIG MAINTAIN Buy Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20267720088%
May 1, 20267720088%
Apr 1, 20267720088%
Mar 1, 20266620086%
Feb 1, 20266620086%
Jan 1, 20266620086%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

67°
Warm
Bearish Neutral Bullish
5 mentions 3 bullish 0 bearish 4 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
Apr 22, 2026144° Neutral001
Apr 22, 2026144° Neutral001
Apr 16, 2026267° Warm202
Apr 16, 2026160° Warm101

Recent Reddit Threads

r/pennystocks Neutral 1mo ago
Lat post on CUE before it's not a penny stock
▲ 1 💬 1 ⚡ 0.5
r/pennystocks Bullish 1mo ago
CUE is the better NKTR now
▲ 1 💬 1 ⚡ 0.5
r/pennystocks Bullish 1mo ago
CUE is now the Better NKTR
▲ 1 💬 1 ⚡ 0.5
May 13, 2026
short_interest
FTD: NKTR — 7,062 shares ($0.6M) failed to deliver
Settlement: 20260513, Price: $78.43, FTD Value: $553,872.66, NEKTAR THERAPEUTICS
May 7, 2026
earnings_calendar
NKTR Q1 2026 Earnings After Market Close — 2026-05-07
Apr 27, 2026
short_volume
Short Volume: NKTR — 63.9% short (0.4M / 0.7M)
Short: 445,176 | Exempt: 1,024 | TRF Vol: 696,992 | Short Ratio: 63.9% | Off-exchange volume (dark pool + OTC)
Mar 20, 2026
short_interest
FTD: NKTR — 17,825 shares ($1.3M) failed to deliver
Settlement: 20260320, Price: $74.84, FTD Value: $1,334,023, NEKTAR THERAPEUTICS
Mar 12, 2026
earnings_calendar
NKTR Q4 2025 Earnings After Market Close — 2026-03-12
Mar 4, 2026
earnings_calendar
NKTR Q4 2025 Earnings After Market Close — 2026-03-04
Feb 3, 2026
short_interest
FTD: NKTR — 29,789 shares ($1.1M) failed to deliver
Settlement: 20260203, Price: $38.12, FTD Value: $1,135,556.68, NEKTAR THERAPEUTICS