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Healthcare - Biotechnology - NASDAQ - US
$ 1.69
-1.17 %
$ 81.6 M
Market Cap
-1.37
P/E
1. INTRINSIC VALUE

Ikena Oncology, Inc., a targeted oncology company, focuses on developing medicines tailored to biomarker-defined patient groups for specific unmet needs. Its lead targeted oncology product candidate is IK-930, an oral small molecule inhibitor of the transcriptional enhanced associate domain, transcription factor in the Hippo signaling pathway. It is also developing a small molecule inhibitor program against ERK5 in the RAS signaling pathway; IK-175, an oral inhibitor of aryl hydrocarbon receptor; and IK-007, an oral selective EP4 receptor antagonist for the treatment of microsatellite stable colorectal cancer. The company was incorporated in 2016 and is headquartered in Boston, Massachusetts.[ Read More ]

The intrinsic value of one IKNA stock under the base case scenario is HIDDEN Compared to the current market price of 1.69 USD, Ikena Oncology, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart IKNA

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FINANCIALS
9.16 M REVENUE
-41.35%
-75.4 M OPERATING INCOME
-6.36%
-68.2 M NET INCOME
0.87%
-79.7 M OPERATING CASH FLOW
-7.60%
64.1 M INVESTING CASH FLOW
164.61%
76 M FINANCING CASH FLOW
6838.81%
0 REVENUE
0.00%
-12.4 M OPERATING INCOME
18.05%
-10.2 M NET INCOME
25.46%
-8.94 M OPERATING CASH FLOW
28.51%
9.45 M INVESTING CASH FLOW
141.30%
0 FINANCING CASH FLOW
0.00%
Balance Sheet Decomposition Ikena Oncology, Inc.
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Current Assets 179 M
Cash & Short-Term Investments 175 M
Receivables 0
Other Current Assets 3.2 M
Non-Current Assets 13.4 M
Long-Term Investments 0
PP&E 8.02 M
Other Non-Current Assets 5.41 M
Current Liabilities 14.2 M
Accounts Payable 2.07 M
Short-Term Debt 7.12 M
Other Current Liabilities 5.02 M
Non-Current Liabilities 8.13 M
Long-Term Debt 7.18 M
Other Non-Current Liabilities 950 K
EFFICIENCY
Earnings Waterfall Ikena Oncology, Inc.
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Revenue 9.16 M
Cost Of Revenue 59.7 M
Gross Profit -50.5 M
Operating Expenses 84.6 M
Operating Income -75.4 M
Other Expenses -7.25 M
Net Income -68.2 M
RATIOS
-551.22% GROSS MARGIN
-551.22%
-823.33% OPERATING MARGIN
-823.33%
-744.17% NET MARGIN
-744.17%
-40.16% ROE
-40.16%
-35.49% ROA
-35.49%
-43.41% ROIC
-43.41%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Ikena Oncology, Inc.
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Net Income -68.2 M
Depreciation & Amortization 1.02 M
Capital Expenditures -414 K
Stock-Based Compensation 7.63 M
Change in Working Capital -21.7 M
Others -17.4 M
Free Cash Flow -80.2 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Ikena Oncology, Inc.
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Wall Street analysts predict an average 1-year price target for IKNA of $1.67 , with forecasts ranging from a low of $1.33 to a high of $2 .
IKNA Lowest Price Target Wall Street Target
1.33 USD -21.30%
IKNA Average Price Target Wall Street Target
1.67 USD -1.48%
IKNA Highest Price Target Wall Street Target
2 USD 18.34%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Ikena Oncology, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 years ago
Jun 24, 2022
Bought 516 K USD
ORBIMED ADVISORS LLC
Director
+ 96035
5.37 USD
2 years ago
Jun 24, 2022
Bought 288 K USD
ORBIMED ADVISORS LLC
Director
+ 65965
4.37 USD
2 years ago
Jun 23, 2022
Bought 86.9 K USD
ORBIMED ADVISORS LLC
Director
+ 23419
3.71 USD
2 years ago
Jun 22, 2022
Bought 237 K USD
ORBIMED ADVISORS LLC
Director
+ 66806
3.55 USD
2 years ago
Jun 22, 2022
Bought 237 K USD
OrbiMed Genesis GP LLC
director:
+ 66806
3.55 USD
2 years ago
Jun 24, 2022
Bought 516 K USD
Bonita David P
Director
+ 96035
5.37 USD
2 years ago
Jun 24, 2022
Bought 288 K USD
Bonita David P
Director
+ 65965
4.37 USD
2 years ago
Jun 22, 2022
Bought 86.9 K USD
Bonita David P
director:
+ 23419
3.71 USD
2 years ago
Jun 22, 2022
Bought 237 K USD
Bonita David P
Director
+ 66806
3.55 USD
2 years ago
Jan 11, 2022
Sell 11.6 K USD
Zhang Xiaoyan Michelle
Chief Scientific Officer
- 964
12 USD
2 years ago
Dec 10, 2021
Sell 14.8 K USD
Zhang Xiaoyan Michelle
Chief Scientific Officer
- 1000
14.7599 USD
2 years ago
Dec 10, 2021
Sell 180 K USD
FORMELA JEAN FRANCOIS
Director
- 11989
15.03 USD
2 years ago
Dec 13, 2021
Sell 122 K USD
FORMELA JEAN FRANCOIS
Director
- 8330
14.64 USD
2 years ago
Dec 14, 2021
Sell 83.4 K USD
FORMELA JEAN FRANCOIS
Director
- 5959
14 USD
3 years ago
Mar 30, 2021
Bought 2 M USD
FORMELA JEAN FRANCOIS
Director
+ 125000
16 USD
2 years ago
Dec 10, 2021
Sell 180 K USD
Atlas Venture Fund XI, L.P.
10 percent owner
- 11989
15.03 USD
2 years ago
Dec 13, 2021
Sell 122 K USD
Atlas Venture Fund XI, L.P.
10 percent owner
- 8330
14.64 USD
2 years ago
Dec 14, 2021
Sell 83.4 K USD
Atlas Venture Fund XI, L.P.
10 percent owner
- 5959
14 USD
3 years ago
Mar 30, 2021
Bought 2 M USD
Atlas Venture Fund XI, L.P.
10 percent owner
+ 125000
16 USD
3 years ago
Mar 30, 2021
Bought 6 M USD
Bonita David P
Director
+ 375000
16 USD
3 years ago
Mar 30, 2021
Bought 774 K USD
Bonita David P
Director
+ 48400
16 USD
3 years ago
Mar 30, 2021
Bought 6 M USD
ORBIMED ADVISORS LLC
Director
+ 375000
16 USD
3 years ago
Mar 30, 2021
Bought 774 K USD
ORBIMED ADVISORS LLC
Director
+ 48400
16 USD
3 years ago
Mar 30, 2021
Bought 6 M USD
Bonita David P
Director
+ 375000
16 USD
3 years ago
Mar 30, 2021
Bought 774 K USD
Bonita David P
Director
+ 48400
16 USD
3 years ago
Mar 30, 2021
Bought 6 M USD
ORBIMED ADVISORS LLC
Director
+ 375000
16 USD
3 years ago
Mar 30, 2021
Bought 774 K USD
ORBIMED ADVISORS LLC
Director
+ 48400
16 USD
7. News
Ikena Oncology Reports Third Quarter 2024 Financial Results Strong financial position with $138 million in cash and investments at close of third quarter Strong financial position with $138 million in cash and investments at close of third quarter globenewswire.com - 1 week ago
Ikena Oncology Reports Second Quarter 2024 Financial Results Strong financial position with $145 million in cash and investments at close of second quarter Strong financial position with $145 million in cash and investments at close of second quarter globenewswire.com - 3 months ago
Best Momentum Stocks to Buy for July 12th IKNA, AVAH, and VEL made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 12, 2024. zacks.com - 4 months ago
New Strong Buy Stocks for July 12th USAC, NHYDY, APOG, IKNA, and CRGY have been added to the Zacks Rank #1 (Strong Buy) List on July 12, 2024. zacks.com - 4 months ago
UPDATE – Ikena Oncology Announces Strategic Update Ikena to discontinue development of IK-930 IK-595 dose escalation continues in RAS and RAF mutant cancers; Encouraging PK and PD profile shown to date Ended first quarter with $157.3 million; Exploring strategic options to maximize shareholder value BOSTON, May 28, 2024 (GLOBE NEWSWIRE) -- Ikena Oncology, Inc. (Nasdaq: IKNA, “Ikena,” “Company”) today announced discontinuation of the clinical IK-930 program, the Company's TEAD1- selective Hippo pathway inhibitor and continued clinical development of IK-595, a novel MEK-RAF molecular glue. Concurrently, Ikena is evaluating strategic options for both the Company and its development pipeline. globenewswire.com - 5 months ago
Ikena Oncology Announces Strategic Update Ikena to discontinue development of IK-930 IK-595 dose escalation continues in RAS and RAF mutant cancers; Encouraging PK and PD profile shown to date Ended first quarter with $157.3 million; Exploring strategic options to maximize shareholder value BOSTON, May 28, 2024 (GLOBE NEWSWIRE) -- Ikena Oncology, Inc. (Nasdaq: IKNA, “Ikena,” “Company”) today announced discontinuation of the clinical IK-930 program, the Company's TEAD1- selective Hippo pathway inhibitor and continued clinical development of IK-595, a novel MEK-RAF molecular glue. Concurrently, Ikena is evaluating strategic options for both the Company and its development pipeline. globenewswire.com - 5 months ago
Ikena Oncology Reports First Quarter 2024 Financial Results and Corporate Update Strong financial position with $157.3 million; runway into 2H 2026 IK-930 program on track to deliver clinical update in 2H 2024 IK-595 program continues dose escalation in patients with RAS and RAF mutant cancers BOSTON, May 13, 2024 (GLOBE NEWSWIRE) -- Ikena Oncology, Inc. (Nasdaq: IKNA, “Ikena,” “Company”), a targeted oncology company forging new territory in patient-directed cancer treatment, today announced financial results for the first quarter ended March 31, 2024. The Company also provided an update regarding its organization and pipeline. globenewswire.com - 6 months ago
Ikena Oncology to Present at the Stifel 2024 Virtual Targeted Oncology Forum BOSTON, April 10, 2024 (GLOBE NEWSWIRE) -- Ikena Oncology, Inc. (Nasdaq: IKNA, “Ikena,” “Company”), a targeted oncology company forging new territory in patient-directed cancer treatment, today announced that management will present a corporate overview at the Stifel 2024 Targeted Oncology Forum, taking place virtually from April 16-17, 2024. The Company will also be holding one-on-one investor meetings at the event. globenewswire.com - 7 months ago
Ikena Oncology Reports Fourth Quarter and Full Year 2023 Financial Results IK-930 continues to advance in the clinic now with an optimized formulation with improved pharmacokinetics IK-930 clinical update planned for 2H 2024 including additional data from EHE patients in dose escalation and initial mesothelioma patient data IK-595 Phase I dose escalation study currently recruiting targeted patients Closed 2023 in a strong financial position with $175M; runway into 2H 2026 BOSTON, March 12, 2024 (GLOBE NEWSWIRE) -- Ikena Oncology, Inc. (Nasdaq: IKNA, “Ikena,” “Company”), a targeted oncology company forging new territory in patient-directed cancer treatment, today announced financial results for the fourth quarter and full year ending December 31, 2023. The Company also provided an update across the organization and pipeline. globenewswire.com - 8 months ago
Ikena Oncology to Participate in TD Cowen 44th Annual Health Care Conference BOSTON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Ikena Oncology, Inc. (Nasdaq: IKNA, “Ikena,” “Company”), a targeted oncology company forging new territory in patient-directed cancer treatment, today announced that management will participate in a targeted oncology panel at the TD Cowen 44th Annual Health Care Conference, taking place March 4-6, 2024, in Boston, MA. The Company will also be holding one-on-one investor meetings at the conference. globenewswire.com - 8 months ago
Ikena Oncology Appoints Caroline Germa, M.D. as Chief Medical Officer Caroline Germa, M.D., an accomplished senior executive and medical oncologist, brings over 25 years of pharmaceutical and drug development expertise globenewswire.com - 8 months ago
Down -29.05% in 4 Weeks, Here's Why Ikena Oncology, Inc. (IKNA) Looks Ripe for a Turnaround The heavy selling pressure might have exhausted for Ikena Oncology, Inc. (IKNA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal. zacks.com - 9 months ago
8. Profile Summary

Ikena Oncology, Inc. IKNA

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 81.6 M
Dividend Yield 0.00%
Description Ikena Oncology, Inc., a targeted oncology company, focuses on developing medicines tailored to biomarker-defined patient groups for specific unmet needs. Its lead targeted oncology product candidate is IK-930, an oral small molecule inhibitor of the transcriptional enhanced associate domain, transcription factor in the Hippo signaling pathway. It is also developing a small molecule inhibitor program against ERK5 in the RAS signaling pathway; IK-175, an oral inhibitor of aryl hydrocarbon receptor; and IK-007, an oral selective EP4 receptor antagonist for the treatment of microsatellite stable colorectal cancer. The company was incorporated in 2016 and is headquartered in Boston, Massachusetts.
Contact 645 Summer Street, Boston, MA, 02210 https://ikenaoncology.com
IPO Date March 26, 2021
Employees 14
Officers Mr. Bob Lally Senior Vice President of Finance & Operations Dr. Mark Manfredi Ph.D. President, Chief Executive Officer & Director Dr. Jotin Marango M.D., Ph.D. Chief Financial Officer & Head of Corporate Development Ms. Rebecca Cohen Vice President of Investor Relations, Corporate Strategy & Communication Mr. Jeffrey Ecsedy Ph.D. Chief Development Officer Mr. David Damphousse M.S. Senior Vice President of Clinical Development Operations Dr. Caroline Germa M.D., Ph.D. Chief Medical Officer Mr. Valdas Jurkauskas Ph.D. Senior Vice President of Technical Operations