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Zymeworks Inc. (ZYME)

Healthcare | Biotechnology | Middletown, United States | NasdaqGS
24.94 USD -0.94 (-3.632%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 24.94

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 4:05 a.m. EDT

The investment case here is fractured by a severe disconnect between the market's optimism and the company's operational reality. While analysts are pushing for a 'strong buy' rating based on the Theravance acquisition, the underlying business is hemorrhaging value. Revenue has collapsed by 91% year-over-year, and the company is burning cash with gross margins in negative territory. This is not a value trap; it is a distressed biotech asset where the market is pricing in a miracle turnaround from the acquisition that hasn't happened yet. The short-term outlook remains murky. The stock is hovering near its 200-day average, showing some resilience, but the statistical forecasting models offer no directional edge, reflecting the uncertainty surrounding the integration of the new assets. The options market confirms this hesitation, with traders placing heavy bets on both a bounce to $30 and a crash to $22.50, rather than committing to a trend. Long-term, the fundamentals are dire. The company is losing money, shrinking its top line, and has no dividend to cushion the blow. The massive premium paid for Theravance has not yet translated into profitable operations, and the balance sheet, while currently liquid, is being drained by R&D and integration costs. Until there is concrete evidence of revenue recovery or a path to profitability, this remains a high-risk speculative vehicle unsuitable for a core portfolio.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.066319
AutoTheta0.068753
MSTL0.072470
MSTL_550.096400
AutoARIMA0.121614
MSTL_55_1260.181864
MSTL_1260.211385

Forecast horizon: 60 days | Selected: AutoETS

Forecast Reliability
Score 37%
H-stat 2.41
Ljung-Box p 0.000
Jarque-Bera p 0.123
Excess Kurtosis -1.25
Attribute Value
Sector Healthcare
Debt to Equity Ratio 10.418
Revenue per Share 1.079
Market Cap 1,834,934,144
Forward P/E 87.82
Beta 1.13
Profit Margins -126.33%
Website https://www.zymeworks.com

As of July 11, 2026, 4:05 a.m. EDT: Speculators are positioning for a volatile range-bound outcome rather than a directional breakout. Call open interest is heavily concentrated at the $30 strike, suggesting a speculative bet on a rally to that level, while put open interest is overwhelmingly stacked at the $22.50 strike, indicating a defensive floor. The massive volume of out-of-the-money puts relative to calls in the October expiration suggests fear of a significant drop below current levels, creating a 'long gamma' environment where the stock could snap back up quickly if it dips, but the heavy put wall acts as a psychological ceiling preventing a strong advance.


Info Dump

Attribute Value
52 Week Change 0.9385768
Address1 108 Patriot Drive
Address2 Suite A
All Time High 59.03
All Time Low 4.11
Ask 31.92
Ask Size 2
Audit Risk 8
Average Analyst Rating 1.2 - Strong Buy
Average Daily Volume10 Day 762,580
Average Daily Volume3 Month 676,360
Average Volume 676,360
Average Volume10Days 762,580
Beta 1.126
Bid 18.39
Bid Size 2
Board Risk 8
Book Value 2.192
City Middletown
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 24.94
Current Ratio 10.819
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 25.79
Day Low 24.74
Debt To Equity 10.418
Display Name Zymeworks
Earnings Call Timestamp End 1,778,185,800
Earnings Call Timestamp Start 1,778,185,800
Earnings Timestamp 1,778,184,000
Earnings Timestamp End 1,786,046,400
Earnings Timestamp Start 1,786,046,400
Ebitda -107,788,000
Ebitda Margins -1.32641
Enterprise To Ebitda -13.67
Enterprise To Revenue 18.133
Enterprise Value 1,473,510,144
Eps Current Year 1.4
Eps Forward 0.284
Eps Trailing Twelve Months -1.37
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 24.8491
Fifty Day Average Change 0.09090042
Fifty Day Average Change Percent 0.003658097
Fifty Two Week Change Percent 93.85768
Fifty Two Week High 29.75
Fifty Two Week High Change -4.8099995
Fifty Two Week High Change Percent -0.16168065
Fifty Two Week Low 11.51
Fifty Two Week Low Change 13.43
Fifty Two Week Low Change Percent 1.1668115
Fifty Two Week Range 11.51 - 29.75
Financial Currency USD
First Trade Date Milliseconds 1,493,386,200,000
Float Shares 67,994,693
Forward Eps 0.284
Forward P E 87.8169
Free Cashflow -45,503,000
Full Exchange Name NasdaqGS
Full Time Employees 243
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins -0.67012
Gross Profits -54,456,000
Has Pre Post Market Data 1
Held Percent Insiders 0.012990001
Held Percent Institutions 1.0289
Implied Shares Outstanding 73,573,945
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,022-12-16
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Zymeworks Inc., a biotechnology company, develops biotherapeutics for the treatment of cancer, inflammation, and autoimmune diseases. The company's platforms include Azymetric multispecific antibody platform; Drug Conjugate platform that includes a suite of proprietary cytotoxins comprising topoisomerase and microtubulin inhibiting toxins, stable linkers, and conjugation technologies; EFECT platform, which consists of a set of modifications to the Fc region of antibodies; and ProTECT, a tumor-specific immune co-stimulation platform. Its lead product candidates include Ziihera (zanidatamab-hrii), a bispecific antibody targeting HER2-expressing tumors; zanidatamab for the treatment of neoadjuvant populations, breast cancer, and other HER2-expressing cancers; Pasritamig, a bispecific T cell engager targeting human kallikrein 2 for the treatment monotherapy and castration resistant prostate cancer; ZW191, a clinical- antibody-drug conjugates (ADC) that targets folate receptor alpha expressing tumors, including ovarian, endometrial, and non-small cell lung cancers; ZW251, a clinical-stage ADC molecule for the treatment of glypican 3 expressing hepatocellular carcinoma; ZW220, an ADC that targets NaPi2b-expressing NSCLC and ovarian cancer; ZW209, a novel TriTCE targeting Delta-like ligand 3 -expressing tumor cells for the treatment of solid tumors; and ZW1528, a bispecific molecule to treat chronic obstructive pulmonary disease. It has strategic partnerships and collaborations with Jazz Pharmaceuticals plc; Bristol- Myers Squibb company; Celgene Alpine Investment Co. LLC; GlaxoSmithKline Intellectual Property Development Limited; Daiichi Sankyo Co., Ltd.; Merck Sharp & Dohme Research GmbH; and Janssen Biotech, Inc. Zymeworks Inc. was incorporated in 2003 and is based in Middletown, Delaware.
Long Name Zymeworks Inc.
Market us_market
Market Cap 1,834,934,144
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_43279463
Most Recent Quarter 1,774,915,200
Net Income To Common -102,656,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,904,093,695
Number Of Analyst Opinions 12
Open 25.79
Operating Cashflow -75,316,000
Operating Margins -19.56728
Overall Risk 9
Payout Ratio 0.0
Phone 302 274 8744
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 24.94
Post Market Time 1,783,981,120
Previous Close 25.88
Price Eps Current Year 17.814287
Price Hint 2
Price To Book 11.377738
Price To Sales Trailing12 Months 22.580193
Profit Margins -1.26326
Quick Ratio 10.362
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.16667
Region US
Regular Market Change -0.939999
Regular Market Change Percent -3.63214
Regular Market Day High 25.79
Regular Market Day Low 24.74
Regular Market Day Range 24.74 - 25.79
Regular Market Open 25.79
Regular Market Previous Close 25.88
Regular Market Price 24.94
Regular Market Time 1,783,972,800
Regular Market Volume 340,708
Return On Assets -0.15775
Return On Equity -0.42023998
Revenue Growth -0.911
Revenue Per Share 1.079
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 10
Shares Outstanding 73,023,061
Shares Percent Shares Out 0.059299998
Shares Short 4,364,318
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 4,527,668
Short Name Zymeworks Inc.
Short Percent Of Float 0.088599995
Short Ratio 5.69
Source Interval 15
State DE
Symbol ZYME
Target High Price 58.0
Target Low Price 31.0
Target Mean Price 39.33333
Target Median Price 37.0
Total Cash 364,727,008
Total Cash Per Share 4.995
Total Debt 17,042,000
Total Revenue 81,263,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.37
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 23.489574
Two Hundred Day Average Change 1.4504261
Two Hundred Day Average Change Percent 0.061747655
Type Disp Equity
Volume 340,708
Website https://www.zymeworks.com
Zip 19,709