Currently, Nkarta Inc [NKTX] is trading at $1.79, down -1.10%. An important factor to consider is whether the stock is rising or falling in short-term value. The NKTX shares have lost -8.67% over the last week, with a monthly amount drifted -25.10%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Nkarta Inc [NASDAQ: NKTX] stock has seen the most recent analyst activity on May 15, 2025, when William Blair downgraded its rating to a Mkt Perform. Previously, Rodman & Renshaw started tracking the stock with Buy rating on October 09, 2024, and set its price target to $14. On August 14, 2024, upgrade upgraded it’s rating to Strong Buy but maintained its price target of $16 on the stock. Raymond James downgraded its rating to a Outperform and increased its price target to $16 on March 22, 2024. Oppenheimer downgraded its rating to a Perform. Canaccord Genuity started tracking with a Buy rating for this stock on October 10, 2022, and assigned it a price target of $25. In a note dated July 28, 2022, Needham initiated a Buy rating and provided a target price of $26 on this stock.
This stock has fluctuated between a low of $1.31 and a high of $3.16 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $21.6 within the next 12 months. Nkarta Inc [NASDAQ: NKTX] shares were valued at $1.79 at the most recent close of the market. An investor can expect a potential return of 1106.7% based on the average NKTX price forecast.
Analyzing the NKTX fundamentals
Gross Profit Margin for this corporation currently stands at -0.27% with Operating Profit Margin at -14.22%, Pretax Profit Margin comes in at -12.09%, and Net Profit Margin reading is -12.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.24, Equity is -0.28 and Total Capital is -0.3. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.22.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.7467 points at the first support level, and at 1.7035 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.8366, and for the 2nd resistance point, it is at 1.8833.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Nkarta Inc [NASDAQ:NKTX] is 15.23. On the other hand, the Quick Ratio is 15.23, and the Cash Ratio is 2.82.
Transactions by insiders
Recent insider trading involved HASTINGS PAUL J, Chief Executive Officer, that happened on Jun 18 ’25 when 1790.0 shares were sold. Shook David completed a deal on Jan 15 ’25 to sell 8638.0 shares. Meanwhile, Levin Alyssa sold 5838.0 shares on Jan 15 ’25.
