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KODKodiak Sciences Inc.
$87.63$5.5B
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KOD logo

Kodiak Sciences Inc.

KOD
NASDAQ · Biotechnology
$87.63
At close - Oct 23, 4:00 PM EDT - USD
Market Cap$5.48B
P/E-20.3x
52W High$104.00
Volume526.92K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Cash Burn Accelerates Amid Depleting Balance Sheet

Kodiak Sciences remains a pre-revenue clinical-stage biotech with no approved products, and its financial trajectory is deteriorating: quarterly net losses widened from $43.0M in 2024Q1 to $65.6M in 2026Q2, while cash reserves fell 49% from $245.9M to $125.9M ...

GrowthDecelerating
ProfitabilityNegative
ValuationReview
TechnicalsHealthy
Explore valuation models
MARKET ACTION

KOD price & volume

Price trend, volume and key moving averages

Launch Terminal
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Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

5/12 Beats

EPS beat 5 of last 12 quarters

02

Valuation risk

-161% Peers

P/E is 161% below peer median

03

Market leadership

RS 98 · Leader

High momentum (Outperforming 98% of market)

04

Healthy Uptrend

Uptrend

Price > 50DMA > 200DMA

Next CatalystConfirmed earnings · Nov 12

Market performance

Price History →

Trailing total returns as of 10/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
KOD+236.78%
S&P 500 (^GSPC)+11.24%
1-Year Return
KOD+412.16%
S&P 500 (^GSPC)+13.13%
3-Year Return
KOD+5517.31%
S&P 500 (^GSPC)+93.10%
5-Year Return
KOD+284.34%
S&P 500 (^GSPC)+74.57%

Growth & profitability

Annual revenue & EPS trend
Revenue
-
Net income
-$230M-30.5% YoY
Free cash flow
-$137M-16.0% YoY
Operating margin
-
ROIC (TTM)-220.8%
Avg ROIC 5Y-
ROE (TTM)-149.5%
Piotroski Score1 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate5/12 (42%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 12, 2026
-$1.05-9.8%
vs -$0.96
—
vs —
Q2 2026
May 7, 2026
-$0.94-1.1%
vs -$0.93
—
vs —
Q2 2026
Mar 31, 2026
-$1.04-2.0%
vs -$1.02
—
vs —
Q4 2025
Nov 13, 2025
-$1.16-8.4%
vs -$1.07
—
vs —
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Zacks Investment Research·4d ago
Can Zenkuda's Multi-Indication Potential Drive KOD Stock Higher?

Kodiak's Zenkuda shows promise across three retinal diseases, with positive phase III data and a planned 2026 regulatory filing.

Defense World·Oct 16, 2026
Kodiak Sciences Inc. (NASDAQ:KOD) Stock Has Average Target Price of $104.71

Kodiak Sciences Inc. (NASDAQ: KOD - Get Free Report) has been given a consensus rating of "Moderate Buy" by the eight analysts that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and six have issued a buy recommendation on the company.

Schaeffers Research·Oct 12, 2026
11 Stocks Most Likely to See a Short Squeeze Rally

Bond yields, oil prices, and inflation rhetoric have teamed up to make it tough for investors heading into earnings season.

PRNewsWire·Oct 7, 2026
Kodiak Sciences to Present Clinical Data Across All Three Late-Stage Programs at AAO 2026

First scientific presentation of Phase 3 DAYBREAK results for Zenkuda and tabirafusp-ted in wet age-related macular degeneration scheduled for AAO 2026. Additional presentations include Phase 3 GLOW2 data for Zenkuda in diabetic retinopathy and Phase 1b APEX data for KSI-101 in macular edema secondary to inflammation (MESI).

Filtered for Kodiak Sciences Inc.More Headlines
04

Compare before deciding

Benchmark KOD against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Kodiak Sciences Inc. (KOD)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
KOD logoKODKodiak Sciences Inc.Current
$87.63$5.48B-20.28——-149.49%—
ADVM logoADVMAdverum Biotechnologies, Inc.
$4.36$90.9M-0.66-72.22%———
OCUL logoOCULOcular Therapeutix, Inc.
$6.50$1.42B-4.58-18.67%-579.1%-59.87%—
REGN logoREGNRegeneron Pharmaceuticals, Inc.
$805.02$82.93B19.410.99%27.86%18.49%—
RGNX logoRGNXREGENXBIO Inc.
$6.68$345.34M-1.78104.54%-112.58%-220.07%—
GMAB logoGMABGenmab A/S
$43.79$26.88B28.44-82.7%19.08%13.57%—

Compare KOD vs Peers

Kodiak Sciences Inc. (KOD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ADVM

Most directly comparable listed peer for KOD.

Scale Benchmark

vs ABBV

Larger-name benchmark to compare KOD against a more recognizable public peer.

Peer Set

Compare Top 5

vs ADVM, OCUL, REGN, RGNX

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

KOD SEC Filings & Documents

Kodiak Sciences Inc. (KOD) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 13, 2026·SEC

Material company update

Jun 4, 2026·SEC

Material company update

May 7, 2026·SEC

10-K Annual Reports

5
FY 2026

Mar 31, 2026·SEC

FY 2025

Mar 27, 2025·SEC

FY 2024

Mar 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 13, 2026·SEC

FY 2026

May 7, 2026·SEC

FY 2025

Nov 13, 2025·SEC

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KOD Frequently Asked Questions

Kodiak Sciences Inc. (KOD) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
Is KOD profitable?

Kodiak Sciences Inc. (KOD) reported a net loss of $242.0M for fiscal year 2025.

Dividend & Returns
What is KOD's return on equity?

Kodiak Sciences Inc. (KOD) has a return on equity (ROE) of -149.5%. Negative ROE indicates the company is unprofitable.

What is Kodiak Sciences Inc.'s free cash flow?

Kodiak Sciences Inc. (KOD) had negative free cash flow of $159.9M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in KOD back in 2016?

Total return calculator · dividends reinvested · 10+ years of data

See returns →