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Kinnate Biopharma Inc.NasdaqGS:KNTE Stock Report

Market Cap US$125.1m
Share Price
n/a
1Y-56.8%
7D-0.4%
1D0%
Portfolio Value
View

Kinnate Biopharma Inc.

NasdaqGS:KNTE Stock Report

Market Cap: US$125.1m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Kinnate Biopharma (KNTE) Stock Overview

Kinnate Biopharma Inc., a clinical-stage oncology company, focuses on the discovery and development of small molecule kinase inhibitors to treat genomically defined cancers in the United States. More details

KNTE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

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Kinnate Biopharma Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Kinnate Biopharma
Historical stock prices
Current Share PriceUS$2.65
52 Week HighUS$7.19
52 Week LowUS$1.04
Beta1.34
1 Month Change2.32%
3 Month Change6.43%
1 Year Change-56.84%
3 Year Change-90.86%
5 Year Changen/a
Change since IPO-93.21%

Recent News & Updates

Recent updates

Analysis Article Jun 11

Is Kinnate Biopharma (NASDAQ:KNTE) In A Good Position To Invest In Growth?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Jan 04

We're Hopeful That Kinnate Biopharma (NASDAQ:KNTE) Will Use Its Cash Wisely

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Seeking Alpha Sep 21

FDA grants fast track nod to Kinnate Biopharma's skin cancer inhibitor

Clinical-stage oncology company Kinnate Biopharma (NASDAQ:KNTE) on Wednesday said it had got a fast track designation from the U.S. FDA for its inhibitor KIN-2787 for the treatment of patients with melanoma, the most serious type of skin cancer. The exact indication for KIN-2787 is for the treatment of patients with BRAF Class II or III alteration-positive and/or NRAS mutation-positive stage IIb to IV malignant melanoma that is metastatic or unresectable. The FDA's Fast Track approval is a process designed to facilitate the development and expedite the review of drugs to treat serious conditions and fill an unmet medical need. KIN-2787 is being evaluated in an ongoing phase 1 clinical trial in patients with solid tumors harboring BRAF alterations or who have NRAS mutant melanoma, KNTE said in a statement. The fast track nod for KIN-2787 follows an earlier orphan drug designation granted by the FDA for the treatment of stage IIb-IV melanoma. KNTE stock +4.8% to $12.65 after hours.
Analysis Article Sep 15

Kinnate Biopharma (NASDAQ:KNTE) Is In A Good Position To Deliver On Growth Plans

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Seeking Alpha Aug 11

Kinnate Biopharma GAAP EPS of -$0.62 beats by $0.03

Kinnate Biopharma press release (NASDAQ:KNTE): Q2 GAAP EPS of -$0.62 beats by $0.03. As of June 30, 2022, the total of cash and cash equivalents and investments was $279.6 million, exclusive of Kinnjiu’s cash.
Analysis Article May 15

We're Hopeful That Kinnate Biopharma (NASDAQ:KNTE) Will Use Its Cash Wisely

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Jan 24

Companies Like Kinnate Biopharma (NASDAQ:KNTE) Are In A Position To Invest In Growth

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article Oct 09

We Think Kinnate Biopharma (NASDAQ:KNTE) Can Afford To Drive Business Growth

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Jun 22

Here's Why We're Not Too Worried About Kinnate Biopharma's (NASDAQ:KNTE) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Analysis Article Mar 03

We're Not Very Worried About Kinnate Biopharma's (NASDAQ:KNTE) Cash Burn Rate

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Shareholder Returns

KNTEUS BiotechsUS Market
7D-0.4%2.3%0.8%
1Y-56.8%42.3%20.2%

Return vs Industry: KNTE underperformed the US Biotechs industry which returned 7.6% over the past year.

Return vs Market: KNTE underperformed the US Market which returned 25.7% over the past year.

Price Volatility

Is KNTE's price volatile compared to industry and market?
KNTE volatility
KNTE Average Weekly Movement5.8%
Biotechs Industry Average Movement10.3%
Market Average Movement7.3%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.2%

Stable Share Price: KNTE has not had significant price volatility in the past 3 months.

Volatility Over Time: KNTE's weekly volatility has decreased from 14% to 6% over the past year.

About the Company

FoundedEmployeesCEOWebsite
201894Nima Farzanwww.kinnate.com

Kinnate Biopharma Inc., a clinical-stage oncology company, focuses on the discovery and development of small molecule kinase inhibitors to treat genomically defined cancers in the United States. The company develops KIN-2787, a rapidly accelerated fibrosarcoma inhibitor for the treatment of patients with lung cancer, melanoma, and other solid tumors; KIN-3248 small-molecule kinase inhibitors that target cancer-associated alterations in fibroblast growth factor receptors FGFR2 and FGFR3 genes; and small molecule research programs, including Cyclin-Dependent Kinase 12(CDK12) inhibitor in its KIN004 program. The company was incorporated in 2018 and is headquartered in San Francisco, California.

Kinnate Biopharma Inc. Fundamentals Summary

How do Kinnate Biopharma's earnings and revenue compare to its market cap?
KNTE fundamental statistics
Market capUS$125.15m
Earnings (TTM)-US$112.65m
Revenue (TTM)n/a
0.0x
P/S Ratio
-1.1x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KNTE income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$112.65m
Earnings-US$112.65m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-2.39
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did KNTE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/04/03 21:00
End of Day Share Price 2024/04/03 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Kinnate Biopharma Inc. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paul ChoiGoldman Sachs
Roger SongJefferies LLC
Christopher RaymondPiper Sandler Companies