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Smart Investors Daily
IK

NASDAQ · IKNA

Ikena Oncology, Inc.

Healthcare · Biotechnology

$17.16

Up+$15.79 (+1152.55%)

Updated Aug 22, 2026, 6:56 PM

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Market cap
718.82M
P/E ratio
-26.94
Dividend yield
0.00%
52-week range
— – —
Volume
457.26K
Avg. volume
18K

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IKNA research

Overview

Company profile and research snapshot.

Company profile

Ikena Oncology, Inc., a targeted oncology company, focuses on developing medicines tailored to biomarker-defined patient groups for specific unmet needs. Its lead targeted oncology product candidate is IK-930, an oral small molecule inhibitor of the transcriptional enhanced associate domain, transcription factor in the Hippo signaling pathway. It is also developing a small molecule inhibitor program against ERK5 in the RAS signaling pathway; IK-175, an oral inhibitor of aryl hydrocarbon receptor; and IK-007, an oral selective EP4 receptor antagonist for the treatment of microsatellite stable colorectal cancer. The company was incorporated in 2016 and is headquartered in Boston, Massachusetts.

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Analyst outlook

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Consensus
Average target
$1.33
Implied upside
Analysts
IKNA recent ratings
DateFirmRatingTarget
Jul 25, 2025WedbushNeutral
Nov 11, 2024HC Wainwright & Co.Buy
Aug 12, 2024HC Wainwright & Co.Buy
May 29, 2024WedbushNeutral
May 29, 2024HC Wainwright & Co.Buy
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Benzinga · May 29, 2024

Ikena Oncology Discontinues IK-930 Program And Cuts Workforce, Analyst Calls It 'Disappointing'

On Tuesday, Ikena Oncology Inc (NASDAQ:IKNA) discontinued the clinical IK-930 program, the company’s TEAD1- selective Hippo pathway inhibitor, and continued clinical development of IK-595, a novel MEK-RAF molecular glue. Concurrently, Ikena is evaluating strategic options for the company and its development pipeline. The company said that based on a review of clinical data to date, available resources, and strategic priorities, the company decided to discontinue the development of IK-930. The IK-930 Phase 1 program will begin winding down activities; treatment will continue for enrolled patients who have derived benefits. The company will seek strategic options for the program, including potential partners for developing IK-930 in combination with other targeted agents. In November 2023, Ikena shared initial data from twenty-six patients treated in ...Full story available on Benzinga.com

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