Zymeworks Inc. (ZYME)

NASDAQ: ZYME · IEX Real-Time Price · USD
8.20
+0.01 (0.12%)
Mar 24, 2023, 4:00 PM EDT - Market closed
0.12%
Market Cap 525.14M
Revenue (ttm) 412.48M
Net Income (ttm) 124.34M
Shares Out 64.04M
EPS (ttm) 1.90
PE Ratio 4.32
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 333,104
Open 8.12
Previous Close 8.19
Day's Range 8.07 - 8.31
52-Week Range 4.11 - 10.80
Beta 0.91
Analysts Buy
Price Target 14.00 (+70.73%)
Earnings Date May 3, 2023

About ZYME

Zymeworks Inc., a clinical-stage biopharmaceutical company, discovers, develops, and commercializes biotherapeutics for the treatment of cancer. The company's lead product candidates include zanidatamab, a novel bispecific antibody that is in Phase 1 and Phase 2 clinical trials for the treatment of biliary tract, gastroesophageal adenocarcinomas, breast, and colorectal cancer; and ZW49, a biparatopic anti-human epidermal growth factor receptor 2 (HER2) antibody-drug conjugate that is in Phase 1 clinical trial for the treatment of advanced or me... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Apr 28, 2017
Employees 286
Stock Exchange NASDAQ
Ticker Symbol ZYME
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for ZYME stock is "Buy." The 12-month stock price forecast is $14.0, which is an increase of 70.73% from the latest price.

Price Target
$14.0
(70.73% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Zymeworks to Present Updated Data on Multiple Product Candidates at the American Association for Cancer Research (AACR) Annual Meeting

VANCOUVER, British Columbia--(BUSINESS WIRE)--Zymeworks Inc. (Nasdaq: ZYME), a clinical-stage biotechnology company developing novel, multifunctional biotherapeutics, today announced the acceptance of...

1 week ago - Business Wire

Zymeworks Offers Hope for More than Just Long-Term Investors

Zymeworks Inc. (NASDAQ: ZYME) stock is up almost 5% after beating analysts' expectations for revenue and earnings in its March 7, 2023 earnings report. The clinical-stage biopharmaceutical company is ...

2 weeks ago - MarketBeat

Zymeworks Inc. (ZYME) Q4 Earnings and Revenues Beat Estimates

Zymeworks Inc. (ZYME) delivered earnings and revenue surprises of 0.65% and 8.38%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

Zymeworks Reports Fourth Quarter and Full Year 2022 Financial Results

VANCOUVER, British Columbia--(BUSINESS WIRE)--Zymeworks Inc. (Nasdaq: ZYME), a clinical-stage biotechnology company developing novel multifunctional biotherapeutics, today reported financial results f...

2 weeks ago - Business Wire

Zymeworks Announces Participation in Upcoming Investor Conferences

VANCOUVER, British Columbia--(BUSINESS WIRE)--Zymeworks Inc. (Nasdaq: ZYME), a clinical-stage biotechnology company developing novel, multifunctional biotherapeutics, today announced that management w...

3 weeks ago - Business Wire

Zymeworks Inc. (ZYME) Flat As Market Sinks: What You Should Know

Zymeworks Inc. (ZYME) closed the most recent trading day at $8.57, making no change from the previous trading session.

1 month ago - Zacks Investment Research

Zymeworks To Host Fourth Quarter And Full Year 2022 Results Conference Call

VANCOUVER, British Columbia--(BUSINESS WIRE)--Zymeworks Inc. (Nasdaq: ZYME), a clinical-stage biotechnology company developing novel, multifunctional biotherapeutics, today announced that management w...

1 month ago - Business Wire

Zymeworks Inc. (ZYME) to Report Q4 Results: Wall Street Expects Earnings Growth

Zymeworks Inc. (ZYME) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Can Zymeworks (ZYME) Beat Expectations This Earnings Season?

In the absence of a marketed product, Zymeworks (ZYME) is expected to provide an update on its pipeline candidates, mainly zanidatamab for the treatment of patients with HER2-expressing cancers, at th...

1 month ago - Zacks Investment Research

Zymeworks shares gain on promising data for cancer drug in development with Jazz Pharmaceuticals

Shares of Zymeworks Inc. ZYME, rallied 14% in premarket trading on Thursday after the company and Jazz Pharmaceuticals Inc. JAZZ, -0.58% said their experimental cancer drug had an overall survival rat...

Other symbols: JAZZ
2 months ago - Market Watch

Jazz Pharmaceuticals and Zymeworks Announce 84% Overall Survival at 18 Months from Phase 2 Trial Evaluating Zanidatamab in HER2-Expressing Metastatic Gastroesophageal Adenocarcinoma

Results presented today at ASCO GI include first overall survival (OS) data for zanidatamab, overall confirmed objective response rate (cORR) of 79%, disease control rate (DCR) of 92%, and median prog...

Other symbols: JAZZ
2 months ago - PRNewsWire

How Much Upside is Left in Zymeworks Inc. (ZYME)? Wall Street Analysts Think 65.75%

The mean of analysts' price targets for Zymeworks Inc. (ZYME) points to a 65.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among a...

2 months ago - Zacks Investment Research

Zymeworks Provides Corporate Update on Key Strategic Priorities and Outlook for 2023

VANCOUVER, British Columbia--(BUSINESS WIRE)--Zymeworks Inc. (Nasdaq: ZYME), a clinical-stage biotechnology company developing novel, multifunctional biotherapeutics, today announced updated key str...

2 months ago - Business Wire

Zymeworks (ZYME) Stock Up 29% in Three Months: Here's Why

Zymeworks (ZYME) recently entered a collaboration with Jazz Pharmaceuticals (JAZZ) for its lead pipeline candidate. This has been a significant catalyst for the stock.

3 months ago - Zacks Investment Research

3 Under-$10 Drug Stocks Wall Street Analysts Recommend Buying

We present three small biotech stocks, which most analysts on Wall Street are optimistic about. These companies have upside potential for 2023 despite an uncertain macro environment.

Other symbols: ADAPKMDA
3 months ago - Zacks Investment Research

Zymeworks Inc. (ZYME) Upgraded to Buy: Here's What You Should Know

Zymeworks Inc. (ZYME) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

3 months ago - Zacks Investment Research

Zymeworks (ZYME) Up After Jazz Exercises Option for Cancer Drug

Following positive data from a mid-stage study evaluating Zymeworks' (ZYME) lead candidate, Jazz (JAZZ) exercises its option to acquire the rights to develop and market this candidate.

3 months ago - Zacks Investment Research

Zymeworks nabs $350M from Jazz Pharmaceuticals after release of clinical trial data

Zymeworks will receive $350 million from Jazz Pharmaceuticals in return for the right to develop and commercialize Zymeworks' lead drug candidate, zanidatamab, in the U.

Other symbols: JAZZ
3 months ago - GeekWire

Zymeworks Announces Participation in Upcoming Investor Conference

VANCOUVER, British Columbia--(BUSINESS WIRE)--Zymeworks Inc. (Nasdaq: ZYME), a clinical-stage biotechnology company developing novel, multifunctional biotherapeutics, today announced that management...

3 months ago - Business Wire

Jazz Pharmaceuticals and Zymeworks Announce Jazz has Confirmed Opt-in and Advances Partnership for Zanidatamab

Follows positive top-line clinical data readout from HERIZON-BTC-01 pivotal trial in biliary tract cancers DUBLIN and VANCOUVER, BC , Dec. 21, 2022 /PRNewswire/ -- Jazz Pharmaceuticals plc (Nasdaq: JA...

Other symbols: JAZZ
3 months ago - PRNewsWire

Zymeworks Announces Positive Topline Data in the Pivotal HERIZON-BTC-01 Trial of Zanidatamab

VANCOUVER, British Columbia--(BUSINESS WIRE)--Zymeworks Inc. (NASDAQ: ZYME), a clinical-stage biotechnology company developing multifunctional biotherapeutics, today announced positive topline resul...

3 months ago - Business Wire

Zanidatamab Clinical Data Selected For Presentation At The American Society Of Clinical Oncology (ASCO) Gastrointestinal Cancers Symposium

VANCOUVER, British Columbia--(BUSINESS WIRE)--Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today announced the upcoming present...

3 months ago - Business Wire

New Clinical Data for Zanidatamab in HER2+ /HR+ Metastatic Breast Cancer Presented Today at 2022 SABCS

VANCOUVER, British Columbia--(BUSINESS WIRE)--Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today presented new clinical data fo...

3 months ago - Business Wire

Zymeworks to Transfer Stock Listing to Nasdaq

VANCOUVER, British Columbia--(BUSINESS WIRE)--Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, announced today that it has elected ...

3 months ago - Business Wire

Zymeworks Announces Expiration of Hart-Scott-Rodino Waiting Period for Zanidatamab License Agreement with Jazz Pharmaceuticals

VANCOUVER, British Columbia--(BUSINESS WIRE)--Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today announced that the waiting per...

4 months ago - Business Wire