KYTX

Kyverna Therapeutics, Inc.
NasdaqGSUSDEQUITY Healthcare DELAYED
Last price
8.45
▲ 0.32 (3.96%)
MARKET ·

Price

Open
8.01
Prev close
8.13
Day high
8.56
Day low
8.19
Volume
655.08K
Market cap
$520.72M
P/E (TTM)
52W range
3.55 – 13.67

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+3.06% +4.4%
1M
+15.50% +11.8%
3M
-5.39% -8.5%
6M
+9.64% -1.4%
YTD
-10.43% -22.7%
1Y
+145.48% +125.5%
3Y
-74.2%
5Y

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Fundamentals

TTM · reported
Market cap$520.72M
Enterprise value$354.29M
Revenue (TTM)
Gross profit
EBITDA$-157.36M
Net income$-152.64M
EPS (TTM)$-2.92
Free cash flow$-107.68M
Total cash$199.43M
Total debt$33.00M
Book value / share$3.23
Shares outstanding61.84M
Float39.72M
Short % of float15.84%
Dividend yield
Beta (5Y)1.94

Valuation & profitability ratios

Account required
Trailing P/E
Forward P/E-2.74
PEG ratio
Price / sales
Price / book2.61
EV / revenue
EV / EBITDA-2.25
Gross margin0.00%
Operating margin0.00%
Profit margin0.00%
Return on equity-87.24%
Return on assets-44.51%
Debt / equity19.93
Current ratio9.06
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

Annual · as reported
Last 4 fiscal years
Line item2025202420232022
Total revenue$0$0$0$0
Cost of revenue$0$0$0$0
Gross profit$0$0$0$0
R&D
SG&A
Operating income
Pre-tax income
Tax provision$0$0$0$0
Net income-$161.31M-$127.48M-$60.37M-$28.89M
EBIT$0$0$0$0

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 -0.68-0.63 +7.3%
Dec 2025 -0.86-0.80 +6.8%
Sep 2025 -0.97-0.85 +12.5%
Jun 2025 -1.04-0.97 +7.1%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter -0.68 5 $0 0.0%
Next quarter -0.69 5 $0 0.0%
Current year -2.77 5 $0 0.0%
Next year -3.07 5 $15.16M 0.0%

Analyst targets & ownership

Account required
Mean target$30.40
High target$33.00
Low target$25.00
Implied upside259.68%
Analyst count5
ConsensusSTRONG BUY
Strong buy / Buy2 / 4
Hold0
Sell / Strong sell0 / 0
Held by insiders6.98%
Held by institutions78.53%
Institutions holding169
Free account required

Price targets, consensus spread, insider and institutional ownership.

Insider net activity

6m · Form 4 rollup
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
Net transactions
0
Buys less sells
Sell : buy shares
Not enough filings
Insider-held shares
4.32M
Total on file

Insider transactions

Account required
DateInsiderAction SharesValueHeld
May 27, 26
CLARK IAN THORNTON
Director
STOCK 5.09K $0 Direct
May 27, 26
COHEN FREDERICK E. M.D. PH.D.
Director
STOCK 5.09K $0 Direct
May 27, 26
SEIDENBERG BETH C
Director
STOCK 5.09K $0 Direct
May 27, 26
AKTAR MERT
Director
STOCK 5.09K $0 Direct
Mar 13, 26
GRASSO MARC
Chief Financial Officer
STOCK 10.00K $0 Direct
Mar 13, 26
BIDDLE WARNER WESTON
Chief Executive Officer
STOCK 58.00K $0 Direct
Mar 13, 26
GEHCHAN NAJI M.D.
Officer
STOCK 18.00K $0 Direct
Feb 24, 26
MILLER ANDREW CRAIG
Director
STOCK 11.01K $0 Direct
Feb 24, 26
EMANY SRAVAN KUMAR
Director
STOCK 11.01K $0 Direct
Jan 12, 26
SHAW CHRISTI L
Officer and Director
STOCK 54.30K $0 Direct
Dec 18, 25
SEIDENBERG BETH C
Director
BUY 133.33K $1000.00K Indirect
Dec 18, 25
WESTLAKE BIOPARTNERS FUND I, L.P.
Beneficial Owner of more than 10% of a Class of Security
BUY 133.33K $1000.00K Indirect
Dec 15, 25
WALKER KAREN MARIE
Chief Technology Officer
SELL 24.00K $292.78K Direct
Dec 15, 25
WALKER KAREN MARIE
Chief Technology Officer
CONVERSION 24.00K $115.91K Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
AKTAR MERT
Director 21.73K Stock Award(Grant)
BIDDLE WARNER WESTON
Chief Executive Officer 58.00K Stock Award(Grant)
CLARK IAN THORNTON
Director 21.73K Stock Award(Grant)
COHEN FREDERICK E. M.D. PH.D.
Director 4.55M Stock Award(Grant)
GEHCHAN NAJI M.D.
Officer 18.00K Stock Award(Grant)
SEIDENBERG BETH C
Director 4.68M Stock Award(Grant)
SHAW CHRISTI L
Officer and Director 70.94K Stock Award(Grant)
SPIEGELMAN DANIEL KEITH
Director 16.63K Stock Award(Grant)
WALKER KAREN MARIE
Chief Technology Officer 22.64K Sale
WESTLAKE BIOPARTNERS FUND I, L.P.
Beneficial Owner of more than 10% of a Class of Security Purchase

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
8.31
+1.73% from price
SMA 20
7.95
+5.92% from price
SMA 50
8.13
+3.61% from price
SMA 100
8.58
-1.44% from price
SMA 200
8.35
+0.86% from price
EMA 12
8.25
+2.42% from price
EMA 26
8.11
+4.25% from price
EMA 50
8.16
+3.59% from price
RSI (14)
54.0
Neutral
MACD (12,26,9)
0.14
Hist 0.09
ATR (14)
0.51
6.11% of price
Realised vol 30D
67.0%
Annualised
Bollinger upper
8.89
20, 2σ
Bollinger lower
7.00
20, 2σ
50 / 200 cross
Death
8.13 vs 8.35
Trend bias
Above 200
+0.86%

Risk profile

Daily returns · 1Y window
Beta vs SPY
2.54
More volatile than market
Correlation to SPY
0.32
Loosely linked
Realised vol 30D
67.0%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-37.2%
Peak to trough
Max drawdown 5Y
-93.9%
Peak to trough
ATR 14
0.51
6.11% of price
Beta (reported)
1.94
5Y monthly, from filing

Unusual options activity

Account required
Flagged1
Total notional$58.30K
Call notional$0
Put notional$58.30K
Tiltput-weighted
Likely opening1 of 1
SideStrikeExpiryVolumeOpen int. Vol / OINotionalIV PrintScore
PUT 7.50 Mar 19, 27
208d
220 218 1.0× $58.30K 127% mid
38
How this is calculated, and what it cannot see

A contract is flagged when today's volume approaches or exceeds its open interest, the position is worth at least $40,000, and at least 150 contracts changed hands. Open interest is what was outstanding at yesterday's close, so volume above it means the flow cannot all be closing — something is being opened.

The score weights four things: volume against open interest, dollar notional, volume against the rest of that chain, and where the last print sat inside the bid/ask spread.

What it cannot see. Volume here is a daily total, so ten small orders and one large one are indistinguishable — this is not block or sweep detection, which needs exchange-level time and sales. The print column compares the last trade to the current quote, which is a proxy for who was the aggressor, not a tagged flag. Quotes are delayed. A single large trade can be a hedge, a roll, or one leg of a spread, and none of those mean what a naked directional bet would mean.

Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Options analytics

Account required
Put / call volume
0.20
Call-heavy session
Put / call open interest
0.26
Positioning, not flow
Max pain
5.00
-40.6% from spot
ATM implied vol
107.8%
Nearest strike to spot
Skew (10% OTM)
+24.4%
Puts bid over calls
Call volume
167
Contracts, this expiry
Put volume
34
Contracts, this expiry
Heaviest call OI
10.00
1.30K contracts
Heaviest put OI
10.00
425 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Options chain

Account required
ExpirySpot 8.45
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.