Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Cytokinetics, Incorporated

CYTKNASDAQ
Wall Street ScoreUnder review
$63.31USD+$2.03 (+3.31%)

The research page contains a warning that has not been mapped to a supported model interpretation. The company research remains available, but the complete score is withheld until the warning is reviewed.

Company website www.cytokinetics.com
Headquarters350 Oyster Point Boulevard, South San Francisco, CA, 94080, US
Financial statement currencyUSD · no FX conversion applied
Healthcare · Biotechnology
Price updated todayFinancials updated Oct 1, 2026

CYTK · Price history

Price at last available close

$63.31

−$2.60 (-3.94%) 1M

2026-10-29

Tap or drag sideways to inspect a price. Use two fingers to compare automatically. Release to scroll. Use Shift + arrow keys to compare with a keyboard.

Company & revenue

About Cytokinetics, Incorporated

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

Cytokinetics, Incorporated, a biopharmaceutical company, focuses on discovering, developing, and commercializing novel muscle activators and muscle inhibitors as potential treatments for debilitating diseases in the United States. The company markets MYQORZO, a novel, oral, and small molecule cardiac myosin inhibitor for the treatment of symptomatic oHCM. It also develops Aficamten, a novel, oral, and small molecule cardiac myosin inhibitor for the treatment of HCM; and omecamtiv mecarbil, a potential treatment across the continuum of care in heart failure with severely reduced ejection fraction.

How they make money

Cytokinetics is a late-stage biopharmaceutical company focused on discovering and developing muscle activators and inhibitors. The company generates value through the research and development of proprietary drug candidates targeting cardiovascular diseases, with a business model that relies on clinical trial success, regulatory approvals, and future commercialization of its pipeline products.

Products & services

The company focuses on muscle biology, specifically developing small-molecule drug candidates such as MYQORZO, which are designed to modulate muscle function for the treatment of cardiovascular diseases.

Brands & revenue mix

MYQORZO

A drug candidate for which the company is preparing for commercialization.

Separate brand revenue is not available in this research.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Product / operating segments

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

  • Healthcare providers and patientsSource

Customer concentration

The company reported no revenues for the fiscal year ended December 31, 2025, and therefore has no customer concentration.

Suppliers, materials & equipment

  • Contract Manufacturing Organizations (CMOs) — The company relies on single-source contract manufacturers to produce its commercial product and clinical trial materials, including the active pharmaceutical ingredient and finished drug product for MYQORZO.Source

Strengths

  • Extensive expertise in muscle biology research and developmentSource

Risks

  • Dependence on single-source contract manufacturersSource
  • Requirement for significant additional funding to support operations and commercializationSource
  • Extensive regulatory requirements for drug development and commercializationSource

Company-specific research

Questions worth answering for CYTK

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •What is driving CYTK's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
  • •How long can CYTK fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • •Is CYTK's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •What specifically needs to improve for CYTK to reach sustainable profitability?
  • •What future growth or profitability would be needed to justify CYTK's current valuation?
Severe debt stress
Business analysis: 17 days ago · Fresh

Essential Investment Snapshot

Market Cap

$8.80B

P/E Ratio

-9.1

EPS

$-7.21

52-Week High

$88.31

52-Week Low

$53.61

Beta

0.36

Analyst Target

$112.00

Shares Outstanding

120.1M

Total Debt

$1.27B

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$-1.44

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
40/ 100
+12 pts / 5d

Weakening momentum

5D +1.6% · 20D -3.5% · RSI 51 · Price vs 20D avg +1.4%
Volatility
25/ 100
+3 pts / 5d

Low movement

20D realized vol 31.9% · 60D 34.6% · Acceleration 0.92x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for CYTK

Detected from reported data — verify before acting.

Severe debt stress

Negative shareholder equity • Total debt is at least one year of revenue • Interest coverage is below 2x • Free cash flow is negative

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on CYTK.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Extensive expertise in muscle biology research and development.

Potential downside factors

  • −Debt risk (severe): Negative shareholder equity.
  • −Total debt is at least one year of revenue.
  • −Interest coverage is below 2x.
  • −Free cash flow is negative.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown

—

Tap for breakdown →

—

Debt Cost8.1%
Debt Reduction YoY-62.8%
Debt / Equity-1.95x

Tap for breakdown →

—

Revenue YoY-19.4%
Revenue CAGR241.9%
Net Margin-1259.9%

Tap for breakdown →

—

Asset Growth YoY1.6%
Liquidation/Share-$1.44
Net Assets/MCap0.08x

Tap for breakdown →

—

Earnings Yield-10.9%
Buyback Yield0.0%
Debt Cost8.1%

Tap for breakdown →

—

ROIC-72.7%
ROE515.3%
ROA-46.5%

Tap for breakdown →

—

EPS Growth—
FCF/Share Growth—
Rev/Share Growth66.6%

Tap for breakdown →

—

Intrinsic Value—
Value Reference—
MOS—

Tap for breakdown →

—

Revenue—
Moat—
Valuation—

Tap for breakdown →

—

MOS %—
Value Reference—
Deep Discount Reference—

Tap for breakdown →

—

Interest Coverage-5.9x
ROIC-72.7%
FCF Yield-6.5%

Tap for breakdown →

—

Financial—
Valuation—
Debt—

Tap for breakdown →

—

Survival Years1.6 yrs
Current Ratio4.53x
FCF Margin-607.5%

Tap for breakdown →

Was this stock page easy to understand?

One click helps us improve the research experience. This is not tied to an investment decision.

Score Changes

Score changes will appear once more historical records are available.

Price vs. Value

Valuation unavailable

Current Price

$63.31

Model Intrinsic Value

—

Difference

—

Margin of Safety

—

Value Reference: —
Deep Discount Reference: —

Intrinsic value is not currently available for this stock, so valuation can't be calculated.

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$30M$60M$90M$120M

Additional Metrics

Operating Cash Flow

201520172019202120232025-$600M-$400M-$200M$0$200M

Total Debt

201520172019202120232025$0$350M$700M$1.1B$1.4B

Total Assets

201520172019202120232025$0$400M$800M$1.2B$1.6B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Large reported revenue change: +376.6%

Revenue changed sharply from 2024 to 2025. This can reflect a real business change, acquisition, divestiture, discontinued operations, restatement, or reporting-basis change. Compare the underlying filing before treating it as normal growth or decline.

TTM may combine quarters from before and after the event, so its trend can also be distorted.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$71.0M$88.0M$18.5M$7.5M····························
Cost of Revenue-$86.9M$10.1M$339.4M$330.1M····························
Gross Profit$157.8M$77.9M-$320.9M-$322.6M····························
Research & Development$386.8M$405.9M$339.4M$330.1M····························
SG&A Expenses$370.5M$284.3M$215.3M$173.6M····························
Operating Expenses$862.5M$690.2M$215.3M$173.6M····························
EBITDA-$892.4M-$775.3M-$493.5M-$456.7M····························
Operating Income-$704.6M-$612.3M-$536.2M-$496.2M····························
Interest Expense$124.8M$103.9M$86.5M$57.7M····························
Income Before Tax-$894.0M-$785.0M-$589.5M-$526.2M····························
Income Tax Expense$0.00$0.00$0.00$0.00····························
Net Income-$894.0M-$785.0M-$589.5M-$526.2M····························
Basic EPS$-7.23$-6.54$-5.26$-5.45····························
Basic Shares132M120M112M96.52M····························
Diluted Shares132M120M112M96.52M····························
Upgrade to Premium for up to 10 annual periods, where available.
Upgrade to Premium

Earnings Summary

Estimated earnings date:Nov 4, 2026
Estimated EPS: -$1.45Estimated revenue: $39.9M
Jun 30, 2026Q2FY2026

Revenue

$31.9M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

-$1.50

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

+48.1%

Cash Change

+240.6%

Margin Change

-421.6 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Cash position grew

What Weakened

  • Margins contracted
  • Debt increased

Potential Score Impact

Positive indicators included EPS growth, cash levels. Pressure indicators included revenue growth, debt levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue declined 52.2%. EPS increased 33.9%. Cash increased 240.6%. Total debt increased 48.1%. Net income margin declined by 421.6 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 122 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

Start 7-Day Free Trial

Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

Start 7-Day Free Trial

Historical Trends

6 historical records
Jul 23, 26Aug 12, 26Sep 3, 26Sep 6, 26Sep 17, 26Oct 1, 260255075100

Historical Score Chart

3 of 6 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 3 more records and the complete score history.Start Free Trial

Wall Street Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Debt Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Revenue Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Asset Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Capital Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Management Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Moat Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Valuation Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Buffett Score

Sep 6, 26Sep 17, 26Oct 1, 260255075100

Intrinsic Value

No data

Value Reference

No data

Margin of Safety %

No data

Related Companies

Biotechnology

AUPH

Aurinia Pharmaceuticals Inc.

84Strong
$16.74View

CGEN

Compugen Ltd.

76Strong
$1.94View

ACAD

Acadia Pharmaceuticals Inc.

73Strong
$20.44View

ORMP

Oramed Pharmaceuticals Inc.

72Strong
$4.07View

HRMY

Harmony Biosciences Holdings, Inc.

71Strong
$36.03View

CPRX

Catalyst Pharmaceuticals, Inc.

69Fair
$31.49View

News

Rumor Mill · CYTK

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

Related Stock Research

Continue researching this company with related Wall Street Score rankings and investing guides.

Highest Wall Street Score stocksBest growth stocksBest healthcare stocksHow Wall Street Score worksHow to analyze a stockUnderstanding financial healthIntrinsic value guide

Score Alerts

Premium unlocks alerts when a score rises, falls, or reaches your target price.

Start 7-Day Free Trial

Portfolio Score

Premium unlocks portfolio scoring, strongest and weakest holdings, and overall margin of safety.

Start 7-Day Free Trial