CYTK 📈 Cytokinetics - Overview
Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US23282W6057
CYTK: Cardiac, Muscle, Activators, Inhibitors, Heart, Failure, Treatments
Cytokinetics, Incorporated is a biopharmaceutical company that concentrates on the discovery, development, and commercialization of muscle activators and inhibitors, with the primary goal of treating debilitating diseases. The company's research and development efforts are centered around creating small molecule drug candidates that can impact muscle function and contractility, which can be crucial in addressing various diseases. For instance, its lead drug candidate, omecamtiv mecarbil, is a cardiac myosin activator that has reached Phase III clinical trials, targeting patients with heart failure. This condition affects millions of people worldwide, and the development of effective treatments can significantly improve the quality of life for these patients.
Furthermore, Cytokinetics has a diverse pipeline of drug candidates, including CK-136, a cardiac troponin activator, and CK-586, a small molecule cardiac myosin inhibitor, both of which are in Phase I clinical trials. Additionally, the company is developing aficamten, a cardiac myosin inhibitor, which has reached Phase III clinical trials for the treatment of symptomatic obstructive hypertrophic cardiomyopathy. This condition is a type of heart disease characterized by thickening of the heart muscle, which can lead to obstructive symptoms and increased risk of heart failure. By targeting this specific condition, Cytokinetics aims to provide a tailored treatment approach that can address the unique needs of these patients.
Cytokinetics has also established strategic partnerships to further its development and commercialization efforts. For example, the company has a collaboration and license agreement with Ji Xing Pharmaceuticals Limited, which enables the development and commercialization of aficamten in Japan for the treatment of patients with obstructive and non-obstructive hypertrophic cardiomyopathy. This partnership highlights the company's commitment to expanding its reach and providing its treatments to a broader patient population. With its strong pipeline and strategic alliances, Cytokinetics is well-positioned to make a significant impact in the biopharmaceutical industry.
As a publicly traded company, Cytokinetics, Incorporated is listed on the NASDAQ stock exchange under the ticker symbol CYTK. The company was incorporated in 1997 and is headquartered in South San Francisco, California, a hub for biotechnology and pharmaceutical companies. With its focus on muscle biology and contractility, Cytokinetics operates in the biotechnology sub-industry, which is a key sector within the healthcare industry. The company's website, https://www.cytokinetics.com, provides detailed information on its pipeline, partnerships, and corporate activities, offering insights into its mission and vision for the future.
Additional Sources for CYTK Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
CYTK Stock Overview
Market Cap in USD | 6,120m |
Sector | Healthcare |
Industry | Biotechnology |
GiC Sub-Industry | Biotechnology |
IPO / Inception | 2004-04-29 |
CYTK Stock Ratings
Growth 5y | 57.9% |
Fundamental | - |
Dividend | - |
Rel. Strength Industry | 248 |
Analysts | 4.16/5 |
Fair Price Momentum | 49.43 USD |
Fair Price DCF | - |
CYTK Dividends
No Dividends PaidCYTK Growth Ratios
Growth Correlation 3m | -68.7% |
Growth Correlation 12m | -80.2% |
Growth Correlation 5y | 84.1% |
CAGR 5y | 36.65% |
CAGR/Mean DD 5y | 1.47 |
Sharpe Ratio 12m | 0.41 |
Alpha | -18.17 |
Beta | 1.08 |
Volatility | 54.74% |
Current Volume | 3805.3k |
Average Volume 20d | 1230.1k |
As of December 21, 2024, the stock is trading at USD 48.87 with a total of 3,805,285 shares traded.
Over the past week, the price has changed by +0.45%, over one month by -1.99%, over three months by -9.11% and over the past year by +36.81%.
Partly, yes. Based on ValueRay Analyses, Cytokinetics (NASDAQ:CYTK) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 57.94 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CYTK as of December 2024 is 49.43. This means that CYTK is currently overvalued and has a potential downside of 1.15%.
Cytokinetics has received a consensus analysts rating of 4.16. Therefor, it is recommend to buy CYTK.
- Strong Buy: 7
- Buy: 8
- Hold: 4
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, CYTK Cytokinetics will be worth about 54.9 in December 2025. The stock is currently trading at 48.87. This means that the stock has a potential upside of +12.32%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 80.6 | 64.8% |
Analysts Target Price | 62.3 | 27.4% |
ValueRay Target Price | 54.9 | 12.3% |