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KYMR
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KYMRKymera Therapeutics, Inc.
$131.73$10.8B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
KYMR logo

Kymera Therapeutics, Inc.

KYMR
NASDAQ · Immunology Biotech
$131.73
At close - Nov 6, 4:00 PM EST - USD
Market Cap$10.84B
P/E-37.7x
52W High$138.00
Volume784.51K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Clinical Burn Outpaces Lumpy Collaboration Revenue for Kymera

Kymera's fundamental outlook is dominated by sustained clinical investment, with R&D rising from $59.2M in 2024Q2 to $128.5M in 2026Q3 and operating losses widening from -$50.9M to -$147.2M over the same span.

GrowthMixed
ProfitabilityNegative
ValuationReview
TechnicalsStrong
Explore valuation models
MARKET ACTION

KYMR price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

7/12 Beats

EPS beat 7 of last 12 quarters

02

Valuation risk

-192% Peers

P/E is 192% below peer median

03

Market leadership

RS 92 · Leader

High momentum (Outperforming 92% of market)

04

Strong Uptrend

Strong Trend

Price > 20DMA > 50DMA > 200DMA

Next CatalystEstimated earnings · Jan 29
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Reported revenue is lumpy and gross margin figures lack structural meaning, while R&D-driven operating losses of -$147.2M in 2026Q3 show costs outpacing any revenue offset.

Analyst Consensus+7.4% target
Buy(27 analysts)
24 Buy3 Hold0 Sell

The Bull Case

Upside Catalysts

Novel protein degradation therapeutics

Kymera Therapeutics is focused on developing innovative protein degradation treatments for difficult-to-treat diseases, positioning it as a leader in this cutting-edge biopharmaceutical field.

Promising STAT6 degrader progress

The company has reported positive top-line data from its Phase 1b trial of KT-621 for atopic dermatitis and is advancing to Phase 2b studies, marking progress in its STAT6 degrader program.

Experienced leadership addition

The appointment of Dr. Neil Graham as Chief Development Officer brings seasoned drug development expertise to Kymera, potentially accelerating pipeline progress.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
KYMR+81.05%
S&P 500 (^GSPC)+7.63%
1-Year Return
KYMR+115.95%
S&P 500 (^GSPC)+9.69%
3-Year Return
KYMR+814.79%
S&P 500 (^GSPC)+77.10%
5-Year Return
KYMR+101.98%
S&P 500 (^GSPC)+61.43%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E
-37.7x
Forward P/E
N/A
EV/EBITDA
N/A
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-37.7x
N/A
N/A
EV/EBITDA
N/A
N/A
N/A
Price/FCF
N/A
N/A
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$3.93-97.0%
Base (Fair)$99.26-24.6%
Bull$4.61-96.5%
$3.93 Bear$99.26 Base$4.61 Bull
Current Market Price: $131.73
Trades at a 32.7% premium to Base DCF ($99.26)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$39M-16.7% YoY
Net income FY25
-$311M-39.1% YoY
Free cash flow FY25
-$234M-13.0% YoY
Operating margin FY25
-891.3%-335.5 pts YoY
ROIC (FY25)-24.9%
Avg ROIC 5Y-27.7%
ROE (TTM)-22.4%
Piotroski Score4 / 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 Rate7/12 (58%)
Revenue Beat Rate5/12 (42%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Oct 29, 2026
-$1.32-4.8%
vs -$1.26
$1M-58.8%
vs $3M
Q3 2026
Aug 5, 2026
-$0.62+13.0%
vs -$0.71
$65M+98.3%
vs $33M
Q2 2026
Apr 30, 2026
-$0.71+20.2%
vs -$0.89
$34M+315.7%
vs $8M
Q1 2026
Feb 26, 2026
-$0.97-23.8%
vs -$0.78
$3M-80.9%
vs $15M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
GlobeNewsWire·Oct 28, 2026
Kymera Therapeutics to Announce KT-579 Phase 1 Healthy Volunteer Trial Results on October 29, 2026

WATERTOWN, Mass., Oct. 28, 2026 (GLOBE NEWSWIRE) -- Kymera Therapeutics, Inc. (NASDAQ: KYMR), a clinical-stage biopharmaceutical company advancing a new class of oral small molecule degrader medicines for immunological diseases, will report results from the Phase 1 clinical trial evaluating single and multiple-ascending doses of KT-579 in healthy volunteers on Thursday, October 29, 2026, as part of its previously scheduled third quarter 2026 financial results. The Company will host a video conference call and webcast at 8:30 a.m. ET that day.

GlobeNewsWire·Oct 22, 2026
Kymera Therapeutics to Report Third Quarter 2026 Financial Results on October 29, 2026

WATERTOWN, Mass., Oct. 22, 2026 (GLOBE NEWSWIRE) -- Kymera Therapeutics, Inc. (NASDAQ: KYMR), a clinical-stage biopharmaceutical company advancing a new class of oral small molecule degrader medicines for immunological diseases, will report third quarter 2026 financial results on October 29, 2026. The Company will host a video conference call and webcast at 8:30 a.m. ET that day.

Zacks Investment Research·Oct 19, 2026
Can KYMR's Targeted Protein Degradation Pipeline Drive Future Growth?

Kymera Therapeutics advances its targeted protein degradation pipeline, with KT-621 trials in atopic dermatitis and asthma marking key milestones amid competition in the field.

PRNewsWire·Sep 30, 2026
Kuehn Law Encourages Investors of Kymera Therapeutics, Inc. to Contact Law Firm

NEW YORK, Sept. 30, 2026 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Kymera Therapeutics, Inc. (NASDAQ: KYMR) breached their fiduciary duties to shareholders.

Filtered for Kymera Therapeutics, Inc.More Headlines
04

Compare before deciding

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

Peers Comparison

Key metrics vs top competitors for Kymera Therapeutics, Inc. (KYMR)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
KYMR logoKYMRKymera Therapeutics, Inc.Current
$131.73$10.84B-37.73-16.72%-341.87%-22.39%—
ARVN logoARVNArvinas, Inc.
$6.41$413.58M-44.12-0.3%-3.45%-2%—
PRAX logoPRAXPraxis Precision Medicines, Inc.
$277.62$7.74B-23.85-100%—-34.15%—
VKTX logoVKTXViking Therapeutics, Inc.
$26.84$3.13B-5.05——-117.35%—
BEAM logoBEAMBeam Therapeutics Inc.
$26.41$2.72B-25.82120.01%-73.04%-9.69%—
IMVT logoIMVTImmunovant, Inc.
$30.53$6.3B-11.66—-7585.86%-69.59%—

Compare KYMR vs Peers

Kymera Therapeutics, Inc. (KYMR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ARVN

Most directly comparable listed peer for KYMR.

Scale Benchmark

vs ABBV

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

Peer Set

Compare Top 5

vs ARVN, PRAX, VKTX, BEAM

05

Keep researching

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

KYMR SEC Filings & Documents

Kymera Therapeutics, Inc. (KYMR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Oct 29, 2026·SEC

Material company update

Aug 5, 2026·SEC

Material company update

Jul 27, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 27, 2025·SEC

FY 2024

Feb 22, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Oct 29, 2026·SEC

FY 2026

Aug 5, 2026·SEC

FY 2026

Apr 30, 2026·SEC

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KYMR Frequently Asked Questions

Kymera Therapeutics, Inc. (KYMR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Kymera Therapeutics, Inc.'s revenue?

Kymera Therapeutics, Inc. (KYMR) reported $102.2M in revenue over the trailing twelve months. Revenue was $39.2M in fiscal year 2025.

How fast is Kymera Therapeutics, Inc. growing?

Kymera Therapeutics, Inc. (KYMR) grew revenue by 133.7% over the trailing twelve months, compared with the twelve months before.

Is KYMR profitable?

No. Kymera Therapeutics, Inc. (KYMR) reported a net loss of $349.5M over the trailing twelve months.

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

Kymera Therapeutics, Inc. (KYMR) had a return on equity (ROE) of -22.4% over the trailing twelve months. A negative ROE means the company lost money over the period.

What is Kymera Therapeutics, Inc.'s free cash flow?

Kymera Therapeutics, Inc. (KYMR) had negative free cash flow of $288.9M over the trailing twelve months.

What if you invested $1,000 in KYMR back in 2018?

Total return calculator · dividends reinvested · 8+ years of data

See returns →