Inhibikase Therapeutics, Inc. (IKT) Stock

Inhibikase Therapeutics, Inc. (IKT) is a Healthcare stock trading at $2.39 (as of 2026-08-21), with a market capitalization of $333.49M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Inhibikase Therapeutics, Inc., a clinical stage pharmaceutical company, develops therapeutics for Parkinson's Disease (PD) and related disorders that arise inside and outside of the brain. The company's product candidates include IkT-148009, a small molecule Abelson tyrosine kinase inhibitor for use in the treatment of PD, as well as gastrointestinal complications that arise as early symptoms of PD, such as swallowing, dysphagia, neurogenic constipation, and multiple system atrophy; and IkT-001Pro, a prodrug of the anti-cancer agent Imatinib that is in preclinical development to minimize gastrointestinal side effects and for the treatment of blood and stomach cancers. It is also involved in developing various research programs for other neurological diseases. The company has research and development collaborations with The Johns Hopkins University, Arizona State University, and Michigan State University, as well as Louisiana State University. Inhibikase Therapeutics, Inc. was founded in 2008 and is headquartered in Atlanta, Georgia.

Understand Inhibikase Therapeutics, Inc.: how it makes money

Inhibikase Therapeutics develops clinical stage treatments for Parkinson's disease and related disorders, and it currently makes money only through Grant Revenue and Rent Revenue (both reported as zero in the latest quarter).

With reported revenue of 0.0B (from Grant Revenue and Rent Revenue), the profit model is structurally tied to advancing clinical programs, where near-term performance is tracked through trial execution metrics such as enrollment and trial site activity for Rizvodetanib and other Phase II programs.

Revenue by segment (latest quarter)
Grant$0.0B
Rent$0.0B

Business quality (Weak): Clinical-stage visibility is high on trial execution metrics, but financial revenue is reported as 0.0B, so near-term fundamentals depend heavily on progress in clinical development rather than current sales.

Bull case

  • Strong Rizvodetanib enrollment progress: Rizvodetanib Trial Enrollment Percentage is 83.0 percent, and Enrolled Trial Participants (Rizvodetinib Phase II) is 99.
  • Multiple trial sites are active: Open Trial Sites is 32, and Active Clinical Sites in Phase II 201 Trial is 28.

Bear case

  • No reported revenue and very large operating losses: Revenue is reported as 0.0B for the period, and operating_margin_pct is -5993.4.
  • Clinical development outcomes are uncertain: The Rizvodetanib trial shows treatment-related adverse events (41 mild, 8 moderate), and IkT-001Pro is described as preclinical development.
Valuation — source: SEC EDGAR (first-party)
Price$2.39
Market Cap$333.49M
Price / Book2.18
FCF Yield-20.7%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$0.00
Revenue Growth (YoY)-100.0%
EPS Growth (YoY)-67.5%
FCF Growth (YoY)5.8%
Valuation vs Sector & Industry
Sector P/E (Healthcare)21.7
Industry P/E (Pharmaceutical Products)17.2
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderSands Capital Alternatives, LLC ($21.87M)
Institutional Holders Tracked10
Company
SectorHealthcare
IndustryPharmaceutical Products
CEOMark T. Iwicki
Employees15
CountryUS
IPO Date2020-12-23

Related Companies (Business model: Biotech (Clinical / Commercial-Stage); 8 closest by market cap; US-domiciled)

  • X4 Pharmaceuticals, Inc. (XFOR)
  • Century Therapeutics, Inc. (IPSC)
  • Palisade Bio, Inc. (PALI)
  • Sutro Biopharma, Inc. (STRO)
  • Agenus Inc. (AGEN)
  • Neumora Therapeutics, Inc. Common Stock (NMRA)
  • Anavex Life Sciences Corp. (AVXL)
  • Fate Therapeutics, Inc. (FATE)
IKT earnings history · IKT institutional & insider holders · IKT KPIs & operating metrics · IKT financials · IKT investor presentations & press releases · IKT SEC filings · IKT peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.