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Stock impact report

Need To Know: Analysts Are Much More Bullish On Nektar Therapeutics (NASDAQ:NKTR) Revenues [Yahoo! Finance News]

Nektar Therapeutics (NKTR) 
Last nektar therapeutics earnings: 2/27 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.nektar.com/investor-relations
Celebrations may be in order forNektar TherapeuticsNASDAQ:NKTRAfter the upgrade, the 14 analysts covering Nektar Therapeutics are now predicting revenues of US$161m in 2020. If met, this would reflect a major 41% improvement in sales compared to the last 12 months. Per-share losses are expected to creep up to US$2.63. However, before this estimates update, the consensus had been expecting revenues of US$144m and US$2.70 per share in losses. We can see there's definitely been a change in sentiment in this update, with the analysts administering a sizeable upgrade to this year's revenue estimates, while at the same time reducing their loss estimates.See our latest analysis for Nektar TherapeuticsGS:NKTR Past and Future Earnings April 6th 2020Despite these upgrades, the analysts have not made any major changes to their price target of US$30.31, implying that their latest estimates don't have a long term impact on what they think the stock is worth. Fixating on a single price target can b Show less Read more
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