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IKT.O NASDAQ Biotechnology

Ikt.O

$2,17
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USD
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Last 30 days
1D5D1M3M6MYTD1Y5YMax
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Mcap
P/E
EV / Rev
Div yield
Op margin
ROE
-29,0 %
Net margin
Debt / equity
Beta
52w range
Volume
Day range
Prev close
$2,21
Open
Next earnings
2026-10-28
Ex-dividend
TR 1Y
About

IKT.O is a biotechnology company within the Health Care sector, currently operating with zero revenue and negative net income, relying on cash reserves to fund operations.

Business. IKT.O is a biotechnology company within the Health Care sector, currently operating with zero revenue and negative net income, relying on cash reserves to fund operations.

Classification85 %
SectorHealth Care
Industry groupBiotechnology
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
  • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
Geode Capital Management, L.L.C.
largest disclosed fund holder
Profitability
-29,0 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning IKT.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care · THIS SECTOR+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to IKT.O. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    IKT.O is a biotechnology company within the Health Care sector, currently operating with zero revenue and negative net income, relying on cash reserves to fund operations.

    Classification85 %
    SectorHealth Care
    Industry groupBiotechnology
    AI synthesis
    GENERATED

    (a) Capital structure and liquidity are characterized by a net cash position, with total assets of $98.6 million and total liabilities of $3.7 million, resulting in a debt-to-equity ratio of 0.0. The company holds $97.5 million in cash and equivalents, which significantly exceeds its total liabilities, providing a strong liquidity buffer despite the risk assessment flagging liquidity as low, likely due to the absence of operating cash inflows.

    (b) Profitability is negative, with a net income of -$27.5 million and an operating income of -$28.6 million. Return on equity stands at -29.01%, and return on assets is -27.91%, indicating that the company is currently destroying value relative to its capital base. Without cohort median data for comparison, these metrics reflect the typical burn profile of a pre-revenue biotechnology firm.

    Key takeaways
    • The company holds a strong net cash position of $97.5 million against $3.7 million in liabilities.
    • Net income is -$27.5 million, with a negative return on equity of -29.01%.
    • Revenue is $0.0, indicating a pre-commercial stage with no current sales.
    • Dilution risk is assessed as low, with no immediate flags for share issuance.
    • Classification confidence is low (0.20), reflecting uncertainty in the company's specific industry positioning.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $2,17
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $94.9M
    Net cash
    $97.5M
    Current ratio
    Debt / equity
    ROA
    -27.9%
    ROE
    -29.0%
    Cash conversion
    70.0%
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution9 analysts
    Strong buy4
    Buy5
    Hold0
    Sell0
    Strong sell0
    12-month price target$6,00 · Median $6,00
    Low $3,00High $8,00
    Operating income · consensus-78,7M USD
    EPS surprise
    −14,7 %
    reported vs consensus · miss
    Revenue surprise
    −100,0 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$3,00
    Mean$6,00
    Median$6,00
    High$8,00
    Spot$2,17
    +176.5 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    ROE-29,0 %Above median
    D/E0,00Above median
    Cash Conv0,70Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    Derivative transactions

    Net acquired 25 807 288 sh1 exercises · 9 grants10 insiders
    • BERMAN DENNIS NDirector · Stock Option (Right to Buy) → Common StockDisposed 21 854 @ $1,26exercise · 2026-07-30
    • RA CAPITAL MANAGEMENT, L.P.10% owner · Pre-Funded Warrant (Right to Buy) → Common StockAcquired 18 030 000 @ $0,00other · 2026-07-29
    • Canner DavidDirector · Stock Option (Right to Buy) → Common StockAcquired 155 000 @ $1,91grant · 2026-06-26
    • BERMAN DENNIS NDirector · Stock Option (Right to Buy) → Common StockAcquired 155 000 @ $1,91grant · 2026-06-26
    • Aurentz VincentDirector · Stock Option (Right to Buy) → Common StockAcquired 155 000 @ $1,91grant · 2026-06-26
    • Munshi AmitDirector · Stock Option (Right to Buy) → Common StockAcquired 155 000 @ $1,91grant · 2026-06-26
    • Bellini RobertoDirector · Stock Option (Right to Buy) → Common StockAcquired 155 000 @ $1,91grant · 2026-06-26
    • Kush ArvindDirector · Stock Option (Right to Buy) → Common StockAcquired 155 000 @ $1,91grant · 2026-06-26
    • Iwicki Mark TDirector, Chief Executive Officer · Stock Option (Right to Buy) → Common StockAcquired 4 982 706 @ $2,01grant · 2026-01-05
    • McIntyre DavidChief Financial Officer · Stock Option (Right to Buy) → Common StockAcquired 986 319 @ $2,01grant · 2026-01-05
    • Cabell ChristopherPresident & Head of R&D · Stock Option (Right to Buy) → Common StockAcquired 900 117 @ $2,01grant · 2026-01-05

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    • Reference data
    How metrics are computed
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Return On Equity
      net_income / total_equity
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Return On Assets
      net_income / total_assets
    Source documents
    • INHIBIKASE THERAPEUTICS, INC. Market data — financials · 2026-07-30
    • reconciler_enqueue (reconciler) on IKT.O · 2026-07-30

    Ownership & reference

    Top holders

    • Geode Capital Management, L.L.C.Investment Managers · as of 2026-03-310,00 %$4M
    • Northern Trust Investments, Inc.Investment Managers · as of 2026-03-310,00 %$1M
    • Vanguard Capital Management, LLCInvestment Managers · as of 2025-12-310,00 %$9M
    • AQR Capital Management, LLCInvestment Managers · as of 2026-03-310,00 %$0M
    • State Street Investment Management (US)Investment Managers · as of 2026-03-310,00 %$3M
    • UBS Financial Services, Inc.Investment Managers · as of 2026-03-310,00 %$0M
    • Bank of New York Mellon CorpInstitutional Investor · as of 2026-03-310,00 %$0M
    • Charles Schwab Investment Management, Inc.Investment Managers · as of 2026-03-310,00 %$0M
    • Goldman Sachs Asset Management, L.P.Investment Managers · as of 2026-03-310,00 %$0M
    • JONES FINANCIAL COMPANIES LLLPInstitutional Investor · as of 2026-03-310,00 %$0M
    • Morgan Stanley Smith Barney LLCInvestment Managers · as of 2026-03-310,00 %$0M
    • Wells Fargo AdvisorsBrokerage Firms · as of 2026-03-310,00 %$0M
    • Victory Capital Management Inc.Investment Managers · as of 2026-03-310,00 %$0M
    • T. Rowe Price Associates, Inc.Investment Managers · as of 2026-03-310,00 %$0M
    • Invesco QQQ TrustFunds · as of 2026-03-310,00 %$0M
    • FMR LLCInstitutional Investor · as of 2026-03-310,00 %$0M
    • PNC Investments LLCInvestment Managers · as of 2026-03-310,00 %$0M

    Leadership

    • Milton H. WernerPresident, Chief Executive Officer, Director

    Insider activity

    Net buying1 buys · 0 sellsnet $3,0M6 insiders · last 365d
    • BERMAN DENNIS NDirector · Common StockOther 21 854 @ $1,26$28K · 2026-07-30
    • RA CAPITAL MANAGEMENT, L.P.10% owner · Common StockOther 18 030 000 · 2026-07-29
    • Munshi AmitDirector · Common StockOther 19 089 · 2026-02-21
    • Aurentz VincentDirector · Common StockOther 255 299 · 2026-02-21
    • Cabell ChristopherPresident & Head of R&D · Common StockOther 338 282 · 2026-02-21
    • Sands Capital Life Sciences Pulse Fund II, L.P.10% owner · Common StockBought 2 068 965 @ $1,45$3,0M · 2025-11-21

    Short positioning

    18.3Mshares short-6.0% vs prior
    16.94days to cover
    69.4%short of daily vol
    8.4Kfails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    IKT.OCanonical
    NASDAQ · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    • Operating income (annual): USD -51.97MUnknown
    • EPS (diluted) (annual): USD-PER-SHARES -0Unknown
    • Capex (annual): USD 13.4KUnknown
    • Pre-tax income (annual): USD -48.26KUnknown
    • Operating cash flow (annual): USD -27.79MUnknown
    • Current assets (annual): USD 180.11MUnknown
    • Shares outstanding (annual): 131.69MUnknown
    • EPS (basic) (annual): USD-PER-SHARES -0Unknown
    • Cash & equivalents (annual): USD 178.8MUnknown
    • Current liabilities (annual): USD 8.3MUnknown
    • Total liabilities (annual): USD 8.3MUnknown
    • R&D expense (annual): USD 29.79MUnknown
    • Total assets (annual): USD 181.2MUnknown
    • Net income (annual): USD -48.26MUnknown
    • Shareholders' equity (annual): USD 172.9MUnknown
    • Capex (annual): USD 0Unknown
    • Net income (annual): USD -27.52MUnknown
    • Cash & equivalents (annual): USD 97.5MUnknown
    • Shares outstanding (annual): 69.36MUnknown
    • Revenue (annual): USD 0Unknown
    • EPS (diluted) (annual): USD-PER-SHARES -1Unknown
    • R&D expense (annual): USD 17.21MUnknown
    • Total assets (annual): USD 98.6MUnknown
    • Current liabilities (annual): USD 3.73MUnknown
    Showing 24 of 31 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
    2026-07-30INSIDERBERMAN DENNIS N transacted 21.9k sh — Director ~$28k
    2026-07-30INSIDERBERMAN DENNIS N disposed of 21.9k sh Stock Option (Right to Buy) — Director
    2026-07-29INSIDERRA CAPITAL MANAGEMENT, L.P. transacted 18.03M sh — 10% owner
    2026-07-29INSIDERRA CAPITAL MANAGEMENT, L.P. acquired 18.03M sh Pre-Funded Warrant (Right to Buy) — 10% owner
    2026-06-26INSIDERBERMAN DENNIS N acquired 155.0k sh Stock Option (Right to Buy) — Director
    2026-06-26INSIDERAurentz Vincent acquired 155.0k sh Stock Option (Right to Buy) — Director
    2026-06-26INSIDERBellini Roberto acquired 155.0k sh Stock Option (Right to Buy) — Director
    2026-06-26INSIDERKush Arvind acquired 155.0k sh Stock Option (Right to Buy) — Director
    2026-06-26INSIDERCanner David acquired 155.0k sh Stock Option (Right to Buy) — Director
    2026-06-26INSIDERMunshi Amit acquired 155.0k sh Stock Option (Right to Buy) — Director
    2026-05-12FILING10-Q filing →
    2026-05-12FILING8-K filing →
    2026-04-30FILINGDEF 14A filing →
    2026-04-07FILING8-K filing →
    2026-03-26FILING10-K filing →
    2026-03-26FILING8-K filing →
    2026-02-21 00:00 UTCINSIDER3 insider transactions — 2026-02
    2026-02-21 00:00 UTCINSIDER3 insider transactions — 2026-02
    2026-02-21INSIDERMunshi Amit transacted 19.1k sh — Director
    2026-02-21INSIDERAurentz Vincent transacted 255.3k sh — Director
    2026-02-21INSIDERCabell Christopher transacted 338.3k sh — President & Head of R&D
    2026-01-05 00:00 UTCINSIDER3 insider transactions — 2026-01 3 derivative
    2026-01-05 00:00 UTCINSIDER3 insider transactions — 2026-01 3 derivative
    2026-01-05INSIDERIwicki Mark T acquired 4.98M sh Stock Option (Right to Buy) — Director, Chief Executive Officer
    2026-01-05INSIDERCabell Christopher acquired 900.1k sh Stock Option (Right to Buy) — President & Head of R&D
    2026-01-05INSIDERMcIntyre David acquired 986.3k sh Stock Option (Right to Buy) — Chief Financial Officer
    2025-12-19FILING8-K filing →
    2025-12-19FILING424B5 filing →
    2025-11-21 00:00 UTCINSIDER1 insider transaction — 2025-11 · net buy $3.0M
    2025-11-21 00:00 UTCINSIDER1 insider transaction — 2025-11 · net buy $3.0M
    2025-11-21FILING8-K filing →
    2025-11-21FILING424B5 filing →
    2025-11-21INSIDERSands Capital Life Sciences Pulse Fund II, L.P. bought 2.07M sh — 10% owner ~$3.00M
    2025-11-20FILING424B5 filing →
    2025-11-20FILING8-K filing →
    2025-06-30 00:00 UTCINSIDER6 insider transactions — 2025-06 6 derivative
    2025-06-30 00:00 UTCINSIDER6 insider transactions — 2025-06 6 derivative
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data Premium coverage