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Olema Pharmaceuticals, Inc. (OLMA)

Healthcare | Biotechnology | San Francisco, United States | NasdaqGS
11.85 USD -0.06 (-0.504%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:11 a.m. EDT

The investment case for Olema is currently fractured between a deteriorating business reality and aggressive index-driven speculation. Fundamentally, the company is in a severe decline; despite a temporary rebound in 2023 and 2024, the stock has lost over 80% of its value over the last four years, and the most recent annual performance was a crushing 63% drop. With negative earnings, negative free cash flow, and a beta of 2.0, the underlying business is highly volatile and unprofitable. The recent inclusion in the Russell Growth index has created a mechanical buying floor, pushing the price up 22% recently, but this appears to be a contrarian trap rather than a genuine turnaround. The market is pricing in a potential collapse, as evidenced by the overwhelming options activity where traders are buying deep out-of-the-money puts to protect against further losses, while call buyers are chasing unrealistic moonshot scenarios. Until the pipeline shows definitive clinical success or revenue turns positive, the risk-reward profile remains skewed heavily toward the downside.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.248774
AutoTheta0.248907
AutoARIMA0.250699
MSTL_790.259263
MSTL0.279189
MSTL_79_1260.371976
MSTL_1260.442185

Forecast horizon: 60 days | Selected: AutoETS

Forecast Reliability
Score 27%
H-stat 21.33
Ljung-Box p 0.000
Jarque-Bera p 0.199
Excess Kurtosis -1.01
Attribute Value
Sector Healthcare
Debt to Equity Ratio 0.823
Market Cap 1,035,067,584
Forward P/E -4.77
Beta 2.01
Website https://olema.com

As of July 11, 2026, 3:11 a.m. EDT: Speculators are positioning heavily for downside protection, evidenced by massive open interest in deep out-of-the-money puts (strikes 20 and 32) expiring in December 2026, which dwarfs call activity. Conversely, call volume is concentrated in strikes far above the current price (34-37), suggesting speculative bets on a massive recovery rather than a near-term bounce. Implied volatility is extremely compressed for near-term contracts, indicating a lack of pricing for immediate moves, while the heavy put wall suggests a 'floor' is being built at significantly lower levels.


Info Dump

Attribute Value
52 Week Change 1.5816994
Address1 780 Brannan Street
All Time High 60.27
All Time Low 2.0
Ask 14.78
Ask Size 2
Audit Risk 4
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 1,566,910
Average Daily Volume3 Month 1,434,449
Average Volume 1,434,449
Average Volume10Days 1,566,910
Beta 2.006
Bid 8.63
Bid Size 2
Board Risk 6
Book Value 5.502
City San Francisco
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 11.85
Current Ratio 10.881
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 12.02
Day Low 11.45
Debt To Equity 0.823
Display Name Olema Pharmaceuticals
Earnings Timestamp 1,778,589,000
Earnings Timestamp End 1,786,365,000
Earnings Timestamp Start 1,786,365,000
Ebitda -191,330,000
Ebitda Margins 0.0
Enterprise To Ebitda -2.789
Enterprise Value 533,676,544
Eps Current Year -2.27389
Eps Forward -2.4817
Eps Trailing Twelve Months -2.02
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 12.271
Fifty Day Average Change -0.42099953
Fifty Day Average Change Percent -0.034308493
Fifty Two Week Change Percent 158.16994
Fifty Two Week High 36.259
Fifty Two Week High Change -24.408998
Fifty Two Week High Change Percent -0.6731846
Fifty Two Week Low 4.37
Fifty Two Week Low Change 7.4800005
Fifty Two Week Low Change Percent 1.7116706
Fifty Two Week Range 4.37 - 36.259
Financial Currency USD
First Trade Date Milliseconds 1,605,796,200,000
Float Shares 59,722,960
Forward Eps -2.4817
Forward P E -4.774953
Free Cashflow -78,798,872
Full Exchange Name NasdaqGS
Full Time Employees 137
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.01796
Held Percent Institutions 1.19443
Implied Shares Outstanding 87,347,471
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,020-11-19
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Olema Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of therapies for women's cancers. The company's lead product candidate is palazestrant, an estrogen receptor (ER) antagonist and a selective ER degrader, which is in Phase 3 clinical trial for the treatment of recurrent, locally advanced, or metastatic ER-positive, human epidermal growth factor receptor 2-negative breast cancer; OPERA-01, the pivotal Phase 3 clinical trial of palazestrant as a monotherapy in second/third-line ER+/HER2- metastatic breast cancer; and palazestrant with CDK4/6 inhibitors, a phosphatidylinositol 3 kinase alpha (PI3Ka) inhibitor alpelisib, a mechanistic target of rapamycin inhibitor, and a CDK4 inhibitor that is in Phase 1b/2 clinical trial for the treatment of ER+/HER2- advanced or metastatic breast cancer. It also develops OP-3136, an orally-available small molecule that potently and selectively inhibits KAT6 which is in Phase 1 clinical trials for patients with breast and other solid tumor cancers. The company was formerly known as CombiThera, Inc. and changed its name to Olema Pharmaceuticals, Inc. in March 2009. Olema Pharmaceuticals, Inc. was incorporated in 2006 and is headquartered in San Francisco, California.
Long Name Olema Pharmaceuticals, Inc.
Market us_market
Market Cap 1,035,067,584
Market State PRE
Max Age 86,400
Message Board Id finmb_540573682
Most Recent Quarter 1,774,915,200
Net Income To Common -185,151,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,035,067,531
Number Of Analyst Opinions 10
Open 11.9
Operating Cashflow -148,724,000
Operating Margins 0.0
Overall Risk 7
Payout Ratio 0.0
Phone 415 651 3316
Pre Market Change 0.14999962
Pre Market Change Percent 1.2658195
Pre Market Price 12.0
Pre Market Time 1,784,033,851
Previous Close 11.91
Price Eps Current Year -5.211334
Price Hint 2
Price To Book 2.1537623
Profit Margins 0.0
Quick Ratio 10.785
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.33333
Region US
Regular Market Change -0.0599995
Regular Market Change Percent -0.503774
Regular Market Day High 12.02
Regular Market Day Low 11.45
Regular Market Day Range 11.45 - 12.02
Regular Market Open 11.9
Regular Market Previous Close 11.91
Regular Market Price 11.85
Regular Market Time 1,783,972,800
Regular Market Volume 1,219,278
Return On Assets -0.25499
Return On Equity -0.42863
Sand P52 Week Change 0.20365608
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 87,347,471
Shares Percent Shares Out 0.1607
Shares Short 14,033,964
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 11,927,602
Short Name Olema Pharmaceuticals, Inc.
Short Percent Of Float 0.19520001
Short Ratio 6.81
Source Interval 15
State CA
Symbol OLMA
Target High Price 62.0
Target Low Price 23.0
Target Mean Price 40.7
Target Median Price 40.0
Total Cash 505,347,008
Total Cash Per Share 5.785
Total Debt 3,956,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.02
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 17.35545
Two Hundred Day Average Change -5.5054493
Two Hundred Day Average Change Percent -0.31721732
Type Disp Equity
Volume 1,219,278
Website https://olema.com
Zip 94,103