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Kinnate Biopharma NasdaqGS:KNTE Stock Report

Last Price

US$2.65

Market Cap

US$125.1m

7D

-0.4%

1Y

-56.8%

Updated

03 Apr, 2024

Data

Company Financials +

Kinnate Biopharma Inc.

NasdaqGS:KNTE Stock Report

Market Cap: US$125.1m

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

My Notes

Capture your thoughts, links and company narrative

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

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

Jun 11
Is Kinnate Biopharma (NASDAQ:KNTE) In A Good Position To Invest In Growth?

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

Jan 04
We're Hopeful That Kinnate Biopharma (NASDAQ:KNTE) Will Use Its Cash Wisely

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

Sep 21

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

Sep 15
Kinnate Biopharma (NASDAQ:KNTE) Is In A Good Position To Deliver On Growth Plans

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

Aug 11

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

May 15
We're Hopeful That Kinnate Biopharma (NASDAQ:KNTE) Will Use Its Cash Wisely

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

Jan 24
Companies Like Kinnate Biopharma (NASDAQ:KNTE) Are In A Position To Invest In Growth

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

Oct 09
We Think Kinnate Biopharma (NASDAQ:KNTE) Can Afford To Drive Business Growth

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

Jun 22
Here's Why We're Not Too Worried About Kinnate Biopharma's (NASDAQ:KNTE) Cash Burn Situation

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

Mar 03
We're Not Very Worried About Kinnate Biopharma's (NASDAQ:KNTE) Cash Burn Rate

Kinnate Biopharma earns bulls as IPO quiet period ends

Dec 28

Shareholder Returns

KNTEUS BiotechsUS Market
7D-0.4%-2.3%-2.6%
1Y-56.8%-6.3%24.5%

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 Movement10.8%
Market Average Movement6.3%
10% most volatile stocks in US Market17.7%
10% least volatile stocks in US Market3.1%

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 06:43
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 here.

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 .

Analyst Sources

Kinnate Biopharma Inc. is covered by 7 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
Andrew BerensLeerink Partners LLC