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Denali Therapeutics Inc. (DNLI)

Healthcare | Biotechnology | South San Francisco, United States | NasdaqGS
20.13 USD -0.41 (-1.996%) ⇩ (April 21, 2026, 4 p.m. EDT)

Short-term:★★★☆☆Long-term:★★★☆☆Dividends:★☆☆☆☆
Hot Take | April 19, 2026, 12:27 a.m. EDT

Strong fundamentals driven by FDA approvals and a robust balance sheet ($867M cash) suggest a long-term buy thesis, but the recent $200M capital raising and negative EFM metrics introduce execution risk. Short-term, the massive June Put Open Interest and volatile IV skew act as a psychological wall, making a breakout above $22.50 feel dangerous at current valuations despite the positive analyst consensus.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.047867
AutoTheta0.049310
AutoETS0.049345
AutoARIMA0.050775

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 68%
H-stat 2.04
Ljung-Box p 0.020
Jarque-Bera p 0.972
Excess Kurtosis -0.07
Attribute Value
Sector Healthcare
Debt to Equity Ratio 4.171
Market Cap 3,192,446,464
Forward P/E -7.78
Beta 1.10
Website https://www.denalitherapeutics.com

As of April 19, 2026, 12:27 a.m. EDT: Options activity shows a divergence between call volumes and put open interest. Calls are heavily concentrated on Call EUR (higher OTM OI at 22.5 in May, 30.0 in June) indicating bullish directional bets, but May AtTM puts have significantly higher Open Interest (764+) vs AtTM calls, suggesting a protective floor at current price levels. June AtTM puts hold the highest Total Open Interest among all listed strikes (303+), signaling net short positioning for an exposure event. May options exhibit low implied volatility (0.52 for puts) compared to longer-term structures, while June AtTM calls and puts are pricing in significantly higher volatility (~0.81), creating an arbitrage opportunity if the market corrects.


Info Dump

Attribute Value
52 Week Change 0.35373235
Address1 161 Oyster Point Boulevard
All Time High 93.94
All Time Low 10.57
Ask 20.27
Ask Size 13
Audit Risk 3
Average Analyst Rating 1.2 - Strong Buy
Average Daily Volume10 Day 1,221,410
Average Daily Volume3 Month 1,728,016
Average Volume 1,728,016
Average Volume10Days 1,221,410
Beta 1.096
Bid 19.96
Bid Size 13
Board Risk 4
Book Value 6.491
City South San Francisco
Compensation As Of Epoch Date 1,735,603,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 20.13
Current Ratio 9.158
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 20.75
Day Low 19.945
Debt To Equity 4.171
Display Name Denali Therapeutics
Earnings Timestamp 1,772,139,600
Earnings Timestamp End 1,778,529,600
Earnings Timestamp Start 1,778,529,600
Ebitda -540,529,984
Ebitda Margins 0.0
Enterprise To Ebitda -4.379
Enterprise Value 2,366,855,680
Eps Current Year -2.55017
Eps Forward -2.5865
Eps Trailing Twelve Months -2.97
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 20.2451
Fifty Day Average Change -0.11510086
Fifty Day Average Change Percent -0.005685369
Fifty Two Week Change Percent 35.373234
Fifty Two Week High 23.77
Fifty Two Week High Change -3.6400013
Fifty Two Week High Change Percent -0.15313426
Fifty Two Week Low 12.58
Fifty Two Week Low Change 7.549999
Fifty Two Week Low Change Percent 0.60015893
Fifty Two Week Range 12.58 - 23.77
Financial Currency USD
First Trade Date Milliseconds 1,512,743,400,000
Float Shares 144,359,491
Forward Eps -2.5865
Forward P E -7.7827177
Free Cashflow -244,188,752
Full Exchange Name NasdaqGS
Full Time Employees 503
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.0
Gross Profits -418,777,984
Has Pre Post Market Data 1
Held Percent Insiders 0.092259996
Held Percent Institutions 0.98346
Implied Shares Outstanding 158,591,491
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Denali Therapeutics Inc., a biopharmaceutical company, discovers and develops therapeutics to treat neurodegenerative and lysosomal storage diseases. The company develops Eclitasertib (SAR443122/DNL758) RIPK1 inhibitor program for peripheral inflammatory diseases; BIIB122/DNL151 LRRK2 inhibitor program for Parkinson's disease; TAK-594/DNL593 program for frontotemporal dementia-granulin; DNL126 program for MPS IIIA (Sanfilippo Syndrome A); and DNL310 Tividenofusp alfa, an enzyme replacement therapy program for MPS II (Hunter Syndrome). Its Enzyme TransportVehicle (TV) programs include DNL952 for the treatment of Pompe disease; DNL111 for Parkinson's and Gaucher diseases; and DNL622 for Hurler syndrome (MPS I). The company's OTV programs also comprise DNL628 targeting tau for Alzheimer's disease; and DNL422 targeting alpha synuclein for Parkinson's disease, as well as antibody TV program includes DNL921 targeting Abeta for treating Alzheimer's disease. The company was formerly known as SPR Pharma Inc. and changed its name to Denali Therapeutics Inc. in March 2015. Denali Therapeutics Inc. was incorporated in 2013 and is headquartered in South San Francisco, California.
Long Name Denali Therapeutics Inc.
Market us_market
Market Cap 3,192,446,464
Market State PRE
Max Age 86,400
Message Board Id finmb_301283598
Most Recent Quarter 1,767,139,200
Net Income To Common -512,540,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 3,192,446,713
Number Of Analyst Opinions 14
Open 20.5
Operating Cashflow -412,600,000
Operating Margins 0.0
Overall Risk 6
Payout Ratio 0.0
Phone 650 866 8547
Previous Close 20.54
Price Eps Current Year -7.8935914
Price Hint 2
Price To Book 3.1012168
Profit Margins 0.0
Quick Ratio 8.846
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.15789
Region US
Regular Market Change -0.410002
Regular Market Change Percent -1.99611
Regular Market Day High 20.75
Regular Market Day Low 19.945
Regular Market Day Range 19.945 - 20.75
Regular Market Open 20.5
Regular Market Previous Close 20.54
Regular Market Price 20.13
Regular Market Time 1,776,801,601
Regular Market Volume 994,481
Return On Assets -0.27557
Return On Equity -0.45692003
Sand P52 Week Change 0.3140242
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 158,591,491
Shares Percent Shares Out 0.097200006
Shares Short 15,421,152
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 14,319,419
Short Name Denali Therapeutics Inc.
Short Percent Of Float 0.1078
Short Ratio 7.86
Source Interval 15
State CA
Symbol DNLI
Target High Price 42.0
Target Low Price 25.0
Target Mean Price 36.35714
Target Median Price 39.5
Total Cash 867,878,976
Total Cash Per Share 5.472
Total Debt 42,288,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.97
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 17.2528
Two Hundred Day Average Change 2.8771992
Two Hundred Day Average Change Percent 0.16676709
Type Disp Equity
Volume 994,481
Website https://www.denalitherapeutics.com
Zip 94,080