Analyst Price Target is $2.33
▲ +71.57% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Nektar Therapeutics in the last 3 months. The average price target is $2.33, with a high forecast of $4.00 and a low forecast of $1.00. The average price target represents a 71.57% upside from the last price of $1.36.
Current Consensus is
Hold
The current consensus among 6 contributing investment analysts is to hold stock in Nektar Therapeutics. This rating has held steady since February 2024, when it changed from a Reduce consensus rating.
Nektar Therapeutics, a biopharmaceutical company, focuses on discovering and developing medicines in the field of immunotherapy in the United States and internationally. The company is developing rezpegaldesleukin, a cytokine Treg stimulant that is in phase 2 clinical trial for the treatment of systemic lupus erythematosus and ulcerative colitis, as well as phase 2b clinical trial to treat atopic dermatitis and psoriasis; and NKTR-255, an IL-15 receptor agonist, which is in phase 1 clinical trial to boost the immune system's natural ability to fight cancer. It has collaboration agreements with 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; Merck KGaA; and SFJ Pharmaceuticals, Inc. The company was incorporated in 1990 and is headquartered in San Francisco, California.
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