Ikena Oncology Stock Today

IKNA Stock  USD 1.28  0.03  2.29%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Quite High

 
High
 
Low
Ikena Oncology is trading at 1.28 as of the 19th of March 2025, a 2.29 percent decrease since the beginning of the trading day. The stock's open price was 1.31. Ikena Oncology has more than 61 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 19th of March 2025. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
26th of March 2021
Category
Healthcare
Classification
Health Care
Ikena Oncology, Inc., a targeted oncology company, focuses on developing medicines tailored to biomarker-defined patient groups for specific unmet needs. The company was incorporated in 2016 and is headquartered in Boston, Massachusetts. Ikena Oncology operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. The company has 48.26 M outstanding shares of which 154.14 K shares are currently shorted by private and institutional investors with about 0.91 trading days to cover. More on Ikena Oncology

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Ikena Stock Highlights

CEO PresidentMark Manfredi
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.09640.0548
Way Up
Slightly volatile
Total Current Liabilities14.9 M10.8 M
Significantly Up
Slightly volatile
Non Current Liabilities Total4.6 M4.8 M
Notably Down
Slightly volatile
Total Assets184.8 M141.5 M
Significantly Up
Slightly volatile
Total Current Assets153 M127.2 M
Fairly Up
Slightly volatile
Debt Levels
Ikena Oncology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ikena Oncology's financial leverage. It provides some insight into what part of Ikena Oncology's total assets is financed by creditors.
Liquidity
Ikena Oncology currently holds 7.52 M in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Ikena Oncology has a current ratio of 6.84, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Ikena Oncology's use of debt, we should always consider it together with its cash and equity.

Change In Cash

(76.86 Million)
Ikena Oncology (IKNA) is traded on NASDAQ Exchange in USA. It is located in 645 Summer Street, Boston, MA, United States, 02210 and employs 10 people. Ikena Oncology is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 63.22 M. Ikena Oncology conducts business under Biotechnology sector and is part of Health Care industry. The entity has 48.26 M outstanding shares of which 154.14 K shares are currently shorted by private and institutional investors with about 0.91 trading days to cover. Ikena Oncology currently holds about 192.81 M in cash with (46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.32, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Ikena Oncology Probability Of Bankruptcy
Ownership Allocation
Ikena Oncology has a total of 48.26 Million outstanding shares. The majority of Ikena Oncology outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Ikena Oncology to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Ikena Oncology. Please pay attention to any change in the institutional holdings of Ikena Oncology as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Ikena Ownership Details

Ikena Stock Institutional Holders

InstituionRecorded OnShares
Renaissance Technologies Corp2024-12-31
330.2 K
Geode Capital Management, Llc2024-12-31
328 K
Jacobs Levy Equity Management, Inc.2024-12-31
327.4 K
Millennium Management Llc2024-12-31
199.7 K
Barclays Plc2024-12-31
195.3 K
Two Sigma Advisers, Llc2024-12-31
157.4 K
Jpmorgan Chase & Co2024-12-31
155.7 K
Bridgeway Capital Management, Llc2024-12-31
153.8 K
Two Sigma Investments Llc2024-12-31
100.8 K
Blue Owl Capital Holdings Lp2024-12-31
4.1 M
Bvf Inc2024-12-31
M
View Ikena Oncology Diagnostics

Ikena Oncology Historical Income Statement

At present, Ikena Oncology's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Depreciation And Amortization is expected to grow to about 1.4 M, whereas EBIT is forecasted to decline to (71.3 M). View More Fundamentals

Ikena Stock Against Markets

Ikena Oncology Corporate Management

Navin MSVP QualityProfile
Sabine RuppelVP DiscoveryProfile
Jennifer SchroederSr OperationsProfile
Rebecca CohenCorporate RelationsProfile
Valdas JurkauskasSenior OperationsProfile
MBA MDChief OfficerProfile
David MSSenior OperationsProfile
When determining whether Ikena Oncology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ikena Oncology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ikena Oncology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ikena Oncology Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ikena Oncology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Ikena Stock refer to our How to Trade Ikena Stock guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ikena Oncology. If investors know Ikena will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ikena Oncology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.02)
Revenue Per Share
0.014
Quarterly Revenue Growth
(0.88)
Return On Assets
(0.20)
Return On Equity
(0.33)
The market value of Ikena Oncology is measured differently than its book value, which is the value of Ikena that is recorded on the company's balance sheet. Investors also form their own opinion of Ikena Oncology's value that differs from its market value or its book value, called intrinsic value, which is Ikena Oncology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ikena Oncology's market value can be influenced by many factors that don't directly affect Ikena Oncology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ikena Oncology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ikena Oncology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ikena Oncology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.