Cytokinetics, Incorporated (CYTK)

Market Cap	6.99B
Revenue (ttm)	7.53M
Net Income (ttm)	-526.24M
Shares Out	104.58M
EPS (ttm)	-5.45
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	781,172
Open	65.89
Previous Close	65.57
Day's Range	65.68 - 67.45
52-Week Range	25.98 - 110.25
Beta	0.68
Analysts	Strong Buy
Price Target	80.53 (+20.52%)
Earnings Date	May 8, 2024

About CYTK

Cytokinetics, Incorporated, a late-stage biopharmaceutical company, focuses on discovering, developing, and commercializing muscle activators and inhibitors as potential treatments for debilitating diseases. The company develops small molecule drug candidates primarily engineered to impact muscle function and contractility. Its drug candidates include omecamtiv mecarbil, a novel cardiac myosin activator that is in Phase III clinical trial in patients with heart failure. The company also develops CK-136, a novel cardiac troponin activator that i...

• Industry: Biotechnology
• Sector: Healthcare
• IPO Date: Apr 29, 2004
• Employees: 423
• Stock Exchange: NASDAQ
• Ticker Symbol: CYTK

Financial Performance

In 2023, Cytokinetics's revenue was $7.53 million, a decrease of -92.04% compared to the previous year's $94.59 million. Losses were -$526.24 million, 35.3% more than in 2022.

Analyst Forecast

According to 15 analysts, the average rating for CYTK stock is "Strong Buy." The 12-month stock price forecast is $80.53, which is an increase of 20.52% from the latest price.

Price Target

$80.53

(20.52% upside)

Analyst Consensus: Strong Buy