Stocks · Healthcare · Biotechnology

Cytokinetics, Incorporated CYTK

$65.60 -0.03% Close, Oct 2, 2026 · NASDAQ · Market cap $8.16B

Next earnings report: Nov 4, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Operating margin narrowed to -993.0% from -638.0% a year earlier.
  2. The diluted share count rose 10.6% in a year.
  3. Revenue over the last four quarters was $71.0M, down 17.2% from a year earlier, slowing from 450.6% a quarter earlier.

PromtFinance scores

Each score is a percentile within the Healthcare sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth3Very weak

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 17%
  • Revenue growth, 3-year CAGRBottom 19%
  • Revenue growth accelerationBottom 1%
Quality53Neutral

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalBottom 34%
  • Gross marginTop 24%
  • Operating marginBottom 12%
  • Accruals (lower is better)Top 18%
  • Interest coverBottom 39%
Value32Weak

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldBottom 43%
  • Free-cash-flow yieldBottom 44%
  • EBITDA / enterprise valueBottom 41%
  • Sales / enterprise valueBottom 7%
Momentum49Neutral

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 45%
  • 6-month returnBottom 41%
  • 1-year return vs S&P 500Top 46%
  • Distance from 52-week highTop 40%
  • Trend checklist (0–4)Bottom 38%
Revisions54Neutral

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 26%
  • Consecutive EPS beatsBottom 49%
  • Share of analysts rating BuyTop 20%
  • Upside to consensus price targetTop 47%
Stability77Positive

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 14%
  • Maximum drawdown, 3 yearsBottom 47%
  • Beta vs S&P 500 (lower is better)Top 36%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)450.6%-17.2%↓
Gross margin-227.0%85.0%↑
Operating margin-638.0%-993.0%↓
FCF margin-513.7%-818.4%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)-17.2%450.6%↓Bottom 17%
Gross margin85.0%-227.0%↑Top 24%
Operating margin-993.0%-638.0%↓Bottom 12%
Net margin-1259.9%-707.2%↓—
Free-cash-flow margin-818.4%-513.7%↓—
Return on invested capital-39.3%—Bottom 34%
Revenue growth, 3-year CAGR-2.4%—Bottom 19%

Quality of earnings and balance sheet

Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-17.6%
Stock-based compensation / revenueA cost to shareholders through dilution.
136.4%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+207.7 pp
Interest cover (operating income / interest)How many times operating profit covers interest.
-5.6×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.00%
Net buyback yield (TTM)
-10.18%
Shareholder yield
-10.18%
Share count change, 1 year
+10.6%
Share count change, 3-year CAGR
+11.3%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
1
Beats in the last 8 reports
4 of 8
Average EPS surprise, last 4
-13.4%
Average 2-day reaction, last 8
+2.7%
Positive 20 days after report
3 of 8

Analysts

Consensus price target
$112.50
Target vs current price
+71.5%
Analysts with a rating
35
Share rating Buy or Strong Buy
97%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 6, 2026+8.0%+3.2%-4.1%-8.8%—
May 5, 2026+0.0%+16.7%+12.9%+7.4%+21.8%
Feb 24, 2026-1.4%+2.7%-10.0%-10.7%+12.0%
Nov 5, 2025-60.4%-0.7%+11.5%+8.5%+9.3%
Aug 7, 2025+16.4%+0.3%+5.0%+41.6%+77.1%
May 6, 2025+3.5%-7.4%-12.4%-12.7%+2.6%
Feb 27, 2025+2.3%+1.3%-6.4%-6.9%-34.9%
Nov 6, 2024-7.1%+5.7%+7.0%-4.0%-6.3%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 6, 2026-$1.50-$1.63+8.0%$28.6M
May 5, 2026-$1.67-$1.67+0.0%$19.4M
Feb 24, 2026-$1.50-$1.48-1.4%$17.8M
Nov 5, 2025-$2.55-$1.59-60.4%$1.9M
Aug 7, 2025-$1.12-$1.34+16.4%$66.8M
May 6, 2025-$1.36-$1.41+3.5%$1.6M
Feb 27, 2025-$1.26-$1.29+2.3%$16.9M
Nov 6, 2024-$1.36-$1.27-7.1%$463,000

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
EV / Sales129.34×——Bottom 7%
Free-cash-flow yield-7.11%——Bottom 44%
Earnings yield-11.01%——Bottom 43%

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-7.2%
200-day average slope (20 days)
+0.6%
Distance from 50-day average
-10.9%
Distance from 200-day average
-6.5%
RSI (14)
33.4
Relative volume
1.29×

Risk and drawdowns

Volatility, 60 days (annualized)
33.8%
Volatility vs own 5-year history
1th percentile · Low for this stock
Beta vs S&P 500 (2 years, weekly)
0.89
Correlation with S&P 500
0.24
Current drawdown from 1-year high
-24.8%
Maximum drawdown, 3 years
-72.4%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Jan 8, 2024May 15, 2025-72.4%339 daysNot yet recovered
Sep 9, 2022Oct 3, 2023-50.7%267 days59 days (Dec 27, 2023)
Oct 5, 2020Oct 9, 2020-46.7%4 days194 days (Jul 20, 2021)
Dec 29, 2021Jan 27, 2022-35.9%20 days101 days (Jun 23, 2022)
Jun 27, 2022Jul 18, 2022-21.2%14 days14 days (Aug 5, 2022)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$8.16B
EPS, diluted (TTM)
-$7.22
Revenue (TTM)
$71.0M
52-week range
$54.30 – $88.31
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$70.4M$94.6M$7.5M$18.5M$88.0M
Gross profit-$89.5M-$146.2M-$322.6M-$320.9M$77.9M
Operating income-$186.3M-$324.2M-$496.2M-$536.2M-$612.3M
Net income-$215.3M-$389.0M-$526.2M-$589.5M-$785.0M
EPS (diluted)-$2.80-$4.33-$5.45-$5.26-$6.54
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$463,000$16.9M$1.6M$66.8M$1.9M$17.8M$19.4M$31.9M
Net income-$160.5M-$150.0M-$161.4M-$134.4M-$306.2M-$183.0M-$206.0M-$198.8M
EPS (diluted)-$1.36-$1.27-$1.36-$1.12-$2.55-$1.50-$1.67-$1.50
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow-$142.5M-$299.5M-$414.3M-$395.9M-$510.0M
Capital expenditure-$48.9M-$11.3M-$1.4M-$3.9M-$24.8M
Free cash flow-$191.4M-$310.9M-$415.7M-$399.8M-$534.8M
Dividends paid$0$0$0$0$0
Net share buybacks$312.0M$17.5M$164.2M$706.8M$36.0M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$1.17B
Total assets
$1.92B
Total liabilities
$2.10B
Total debt
$1.27B
Net debt
$1.02B
Shareholders’ equity
-$173.5M

As of Jun 30, 2026 (filed Aug 6, 2026).

Short interest

Shares sold short
17,481,383
Days to cover
10.55
Change vs previous report
+0.2%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Jun 25, 2013
1-for-6