Nektar Therapeutics (NKTR) Research

Nektar Therapeutics is a biopharmaceutical firm dedicated to the global discovery and advancement of therapies addressing significant unmet medical requirements. Central to its robust pipeline is Bempegaldesleukin, a CD122-preferential interleukin-2 (IL-2) pathway agonist. This drug is currently in Phase 3 clinical trials for metastatic melanoma, renal cell carcinoma, muscle-invasive bladder cancer, head and neck squamous cell carcinoma, and adjuvant melanoma. It is also being evaluated in Phase 2 for renal cell carcinoma, non-small cell lung cancer, and urothelial cancer; Phase 1/2A for head and neck squamous cell carcinoma; Phase 1/2 for various solid tumors; and Phase 1B for COVID-19. Additionally, Nektar is developing NKTR-358, a cytokine Treg stimulant, which is in Phase 2 trials for systemic lupus erythematosus and ulcerative colitis, and Phase 1B for atopic dermatitis and psoriasis. Their portfolio further includes NKTR-255, an IL-15 receptor agonist, undergoing Phase 1/2 trials for non-Hodgkin's lymphoma, multiple myeloma, head and neck cancer, and colorectal cancer. Another investigational compound, NKTR-262, a toll-like receptor agonist, is in Phase 1/2 trials for solid tumors. The company is also advancing several other drug candidates. Nektar Therapeutics maintains strategic collaboration agreements with a multitude of pharmaceutical entities, including Takeda Pharmaceutical Company Ltd., AstraZeneca AB, UCB Pharma S.A., F. Hoffmann-La Roche Ltd, Bausch Health Companies Inc., Pfizer Inc., Amgen Inc., UCB Pharma (Biogen), Bristol-Myers Squibb Company, Baxalta Incorporated, Eli Lilly and Company, Merck KGaA, and SFJ Pharmaceuticals, Inc. Established in 1990, Nektar Therapeutics is headquartered in San Francisco, California.

Market snapshot

Symbol
NKTR
Price
$60.98
Day change
+0.10%
Market cap
$1.2B
P/E ratio
-9.54x
52-week range
8.27-109
Sector
Healthcare
Industry
Biotechnology
Next earnings
in 2 months
Analyst price target
$149.6

Peer companies

  • Amylyx Pharmaceuticals, Inc. (AMLX)
  • Atai Beckley Inc. (ATAI)
  • Enliven Therapeutics, Inc. (ELVN)
  • Immatics N.V. (IMTX)
  • Inhibrx Biosciences, Inc. (INBX)
  • ORIC Pharmaceuticals, Inc. (ORIC)
  • Relay Therapeutics, Inc. (RLAY)
  • Sana Biotechnology, Inc. (SANA)

Recent insider activity

  • ROBIN HOWARD W — S-Sale (5303 shares) on 2026-06-16
  • ROBIN HOWARD W — S-Sale (4697 shares) on 2026-06-16
  • ROBIN HOWARD W — S-Sale (5500 shares) on 2026-06-17
  • ROBIN HOWARD W — S-Sale (4500 shares) on 2026-06-17
  • Zalevsky Jonathan — S-Sale (5538 shares) on 2026-06-15

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