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NEKTAR THERAPEUTICS (NKTR)

Health Care · Immunomodulatory biologics / clinical-stage immunotherapy · NASDAQ

Clinical-stage immunotherapy company developing regulatory T cell-targeted treatments for autoimmune diseases and cancer.

What NEKTAR THERAPEUTICS does

Nektar Therapeutics is a clinical-stage biopharmaceutical company focused on developing novel immunomodulatory agents to treat autoimmune diseases, inflammatory diseases, and cancer. The company's pipeline includes rezpegaldesleukin, a potential first-in-class IL-2 receptor agonist designed to stimulate regulatory T cells for autoimmune indications, and NKTR-255 for cancer treatment. Nektar applies deep immunology expertise to identify and advance drug candidates through preclinical and clinical development stages.

Themes: ["autoimmune disease / immunology","regulatory T cell (Treg) therapeutics","atopic dermatitis","alopecia areata","type 1 diabetes","cancer immunotherapy","immuno-oncology"]

Fundamentals

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Key risks (from latest filing)

["Clinical drug development is a lengthy and uncertain process with no guarantee of successful drug candidates for commercial use","Business is highly dependent on the success of rezpegaldesleukin; failure or delay of this program would significantly harm the company","Company is unprofitable with a -280.8% net margin and revenue decline of -36.24% YoY, creating sustainability concerns"]

See NKTR's biggest risks from its latest 10-Q →

Competitors & peers

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Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-07-09.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.