Denali Therapeutics Inc. DNLI

20.39 (0.08) (0.39%) as of 25 Sep
Market cap
$3.4B
P/E
0.0×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 1.24
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — 2 — — — — — — 1 2
Insider Ownership 20.08%

Capital & Financial Ratios

Market Cap 3,360.00
Revenue 298.99
Net Income (511.45)
Free Cash Flow (437.46)
Net Debt (704.99)
Current Ratio 8.37
Debt/Equity 0.01
P/E ratio 0.00
P/S ratio 12.77
P/B ratio 4.57
Past 5Y EPS Growth (4.46%)
This Y EPS Growth 22.89%
Next Y EPS Growth (2.40%)
Next 5Y EPS Growth 16.03%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 1,035 832 868 710
Receivables — — — 4
Inventory — — — 4
Other — — — —
1,064 864 901 754
2023 2024 2025 Q'26
Payables 9 11 3 12
ST’ Debt — — — —
Other — — — —
78 102 98 90
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 20.67% (0.51%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 40.99% (2.50%) (0.93%)

Revenue

Mar Jun Sep Dec Year
’26 — 4 — — —
’23 35 294 1 0 331
’22 42 52 4 10 108
’21 8 23 5 13 49
’20 4 6 9 317 336
’19 4 4 14 5 27
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (131) (97) — — —
’25 (131) (75) (107) (99) (413)
’24 (114) (91) (59) (84) (348)
’23 (59) (113) (87) (99) (358)
’22 (72) (43) (57) (73) (245)
’21 (50) (54) (41) (65) (211)
’20 (54) (43) 0 514 416
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (134) (98) — — —
’25 (137) (80) (106) (100) (422)
’24 (116) (96) (63) (89) (364)
’23 (62) (119) (89) (101) (371)
’22 (76) (46) (63) (78) (263)
’21 (53) (55) (43) (69) (220)
’20 (55) (44) (1) 513 413
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.69) (0.68) — — —
’25 (0.78) (0.72) (0.74) (0.73) (2.97)
’24 (0.68) (0.59) (0.63) (0.67) (2.57)
’23 (0.80) 1.30 (0.72) (0.86) (1.06)
’22 (0.53) (0.48) (0.84) (0.75) (2.60)
’21 (0.58) (0.50) (0.69) (0.62) (2.39)
’20 (0.55) (0.56) (0.54) 1.91 0.63
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.2
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— 14.72 12.32 14.24 12.39 41.10 20.24 15.45 14.56 10.57

Analyst estimates 2026–2028

Powerpack
Low Price
— 22.95 25.79 28.87 93.94 84.25 47.47 33.31 33.33 24.35
High Price
125 130 179 261 291 380 427 445 422 503
Employees
0 0 1 0 1 0 0 1 0 0
Revenue/Emp
— — 129 27 336 49 108 331 — —
Revenue
0.00% 0.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% — —
Gross Margin
(87) (88) (36) (198) 72 (291) (326) (145) (423) (512)
EBT
0.00% 0.00% (28.06%) (742.05%) 21.44% (598.34%) (300.54%) (43.93%) 0.00% 0.00%
EBT Margin
(87) (88) (36) (198) 71 (291) (326) (145) (423) (513)
Net Income
2 4 5 3 9 17 9 (27) (27) 1
Depreciation
0.00 0.00 1.39 0.28 3.08 0.40 0.86 2.41 0.00 0.00
Revenue/Sh
(13.49) (5.89) (0.39) (2.07) 0.65 (2.39) (2.60) (1.06) (2.57) (2.97)
Earnings/Sh
(11.19) (5.12) 0.54 (1.59) 3.82 (1.74) (1.95) (2.61) (2.11) (2.39)
Cash Flow/Sh
(0.95) (0.19) (0.04) (0.19) (0.03) (0.07) (0.14) (0.09) (0.10) (0.05)
Capex/Sh
(12.15) (5.31) 0.50 (1.77) 3.79 (1.81) (2.09) (2.70) (2.21) (2.44)
Free CF/Sh
39.61 31.13 5.90 4.13 10.56 7.92 8.30 7.50 7.48 5.87
Book Value/Sh
6 15 93 96 109 122 126 137 164 173
Shares
— — 0.00 0.00 214.77 0.00 0.00 0.00 — —
PE Ratio
— — 14.82 62.43 27.19 111.38 31.98 8.89 — —
PS Ratio
— — 3.50 4.22 7.93 5.63 3.33 2.85 — —
PB Ratio
— — 11.22 49.45 23.01 94.81 20.15 5.90 — —
EV/Sales
— — 31.02 (7.78) 18.69 (20.98) (8.32) (5.26) — —
EV/FCF
(72) (77) 50 (152) 416 (211) (245) (358) (348) (413)
Op' Cash Flow
(6) (3) (3) (18) (3) (8) (18) (13) (16) (10)
Capex
(78) (80) 47 (169) 413 (220) (263) (371) (364) (422)
FCF
173 395 448 385 1,424 519 1,008 986 762 802
Working Cap'
— — — 69 64 59 53 — 6 6
Total Debt
(178) (406) (464) (346) (1,406) (806) (1,283) (1,035) (827) (862)
Net Debt
255 466 547 395 1,151 962 1,042 1,031 1,230 1,014
Sh' Equity
(56.31%) (23.27%) (6.31%) (32.52%) 6.59% (19.32%) (22.76%) (11.11%) (33.45%) (40.69%)
ROA
(71.72%) (94.57%) (35.11%) (274.53%) 0.00% (118.58%) 0.00% 0.00% (75.59%) (229.23%)
ROIC
157.85% (47.46%) (7.16%) (41.97%) 9.21% (27.51%) (32.52%) (14.01%) (37.40%) (45.69%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2023 · latest quarter Jun 2026

Denali Therapeutics Inc. (DNLI) key facts

  • Denali Therapeutics Inc. (DNLI) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • Denali Therapeutics Inc.’s revenue for fiscal 2023 (year ended December 2023) was $330.5 million, up 204.7% from fiscal 2022.
  • Denali Therapeutics Inc. reported a net loss of $512.5 million, or a loss of $2.97 per share, for fiscal 2025.
  • As of September 25, 2026, DNLI traded at $20.39, a market capitalization of $3.4 billion.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 12.8× sales.
  • Return on equity was −45.7% and debt-to-equity 0.01.

Source: company filings (standardised) and stockrow calculations.

Denali Therapeutics Inc. (DNLI) Latest News

News by impact score

Fine-tune

13 Aug

3 transcript

Denali Therapeutics Inc. held its Q2 2026 earnings call covering financial results and operational updates. Quarterly earnings calls deliver financial metrics and forward guidance that moderately shift investor sentiment.

7 Aug

4

Denali Therapeutics Inc. narrowed its Q2 loss with Avlayah sales fueling strong launch momentum. Narrowed quarterly loss combined with strong Avlayah sales launch signals meaningful financial improvement and product traction that can shift company trajectory and investor views.

3 transcript

Denali Therapeutics Inc. reported Q2 2026 financial results and business updates during its earnings call. Quarterly earnings provide updates on financials and operations with moderate potential to shift near-term market views.

6 Aug

3 transcript

Denali Therapeutics Inc. reported Q2 financial results and pipeline updates in its earnings call, noting progress on key programs and operational metrics. Q2 earnings updates and pipeline commentary can shift near-term sentiment and valuation without altering long-term strategy.

3

Denali Therapeutics Inc. reported second quarter 2026 financial results along with business highlights. Quarterly financial results and business updates typically influence near-term investor sentiment and valuation without major strategic shifts.

22 Jul

4

Denali Therapeutics secures FDA approval, prompting questions on whether DNLI shares are overvalued post-decision. FDA approval marks a pivotal regulatory milestone that substantially influences Denali Therapeutics' market position and future performance.

15 Jul

3

Recent setbacks at Denali Therapeutics Inc. raise questions over DNLI stock growth prospects. Setbacks at Denali may moderately affect its operational and market trajectory.

9 Jul

3

Denali Therapeutics will deliver the opening plenary address at AAIC 2026 and present advances in transporting biologic therapies across the blood-brain barrier. Conference spotlight on blood-brain barrier delivery technology raises Denali's visibility in neurodegenerative drug development.

19 Jun

4

Denali Therapeutics sells Priority Review Voucher for $195 million cash. Voucher sale injects $195 million cash directly strengthening Denali balance sheet and funding runway.

18 Jun

3

Denali Therapeutics Inc. enters agreement to sell Rare Pediatric Disease Priority Review Voucher for $195 million. One-time $195 million cash receipt strengthens balance sheet but does not change pipeline or long-term product prospects.

11 Jun

3

Denali Therapeutics leads AI-driven biotech peers through advanced tech integration in drug discovery and pipeline development. Favorable positioning as top AI biotech name may moderately lift investor sentiment and valuation.

2 Jun

4

Biogen ends BIIB122 Parkinson's trial and refocuses neurodegeneration pipeline, directly affecting Denali Therapeutics collaboration on related programs. Trial termination and pipeline refocus disrupt Denali's key Biogen-partnered neurodegeneration assets and timelines.

1 Jun

4

Denali Therapeutics Inc. (DNLI) ranks among Jeff Bezos' top stock picks. Bezos endorsement as top pick can drive substantial investor attention and lift DNLI share performance.

26 May

4

Denali Therapeutics redirects pipeline efforts to alternative assets after its Phase 2b study fails, Morgan Stanley reports. Failed Phase 2b trial forces Denali to abandon or deprioritize a key asset, materially affecting development prospects and investor outlook.

22 May

4

Denali Therapeutics Inc. shares declined after a Parkinson's disease study partnered with Biogen failed to meet primary endpoints. Failed Parkinson's trial directly triggered stock drop and signals major core pipeline setback with lasting valuation effects.

4

Biogen and Denali's Parkinson's drug failed to meet trial endpoints, delivering a direct setback to Denali Therapeutics' lead pipeline asset and near-term prospects. Failed pivotal Parkinson's trial removes a major value driver and pressures Denali's valuation and partnering outlook.

3

Biogen encounters clinical trial setbacks and regulatory probes that elevate risks across its neuroscience pipeline, with spillover effects on partners including Denali Therapeutics' shared programs in neurodegeneration. Biogen setbacks raise indirect risks for Denali via existing pipeline collaborations and sector sentiment without directly halting Denali assets.

21 May

4

DNLI and BIIB shares edged lower after hours after their Parkinson's drug missed primary and key secondary endpoints in a Phase 2 trial. Parkinson's drug trial failure directly hits DNLI's lead pipeline asset and reduces near-term revenue prospects.

4

Biogen and Denali Therapeutics released an update on the Phase 2b LUMA study of BIIB122 (DNL151) in early-stage Parkinson’s disease. Update on Phase 2b trial of core Parkinson’s candidate BIIB122 can materially shift Denali pipeline value and investor outlook.

4

Biogen and Denali Therapeutics updated on Phase 2b LUMA study of BIIB122 (DNL151) in early-stage Parkinson’s Disease. Phase 2b update on partnered Parkinson's asset BIIB122 can substantially shift Denali pipeline outlook and valuation.

18 May

4

Hedge fund invests $36 million in Denali Therapeutics after the biotech secures its first FDA approval. First FDA approval plus $36 million hedge fund wager signals major positive shift for DNLI trajectory and sentiment.

16 May

4

Denali Therapeutics reports AVLAYAH launch ahead of expectations after Hunter Syndrome approval. Hunter Syndrome approval and accelerated AVLAYAH launch signal strong revenue growth and market positioning for Denali.

7 May

3

Denali Therapeutics Inc. (DNLI) reported first quarter 2026 financial results and business highlights. Quarterly financial results and business highlights affect financial performance and investor sentiment.

5 May

3

Privium Fund initiates $5.07 million stake in Denali Therapeutics Inc. (DNLI) ahead of FDA drug approval decision. Hedge fund's stake signals investor confidence in upcoming FDA approval, likely influencing DNLI's market sentiment moderately.

4 May

4

Takeda terminated its collaboration with Denali Therapeutics on DNL593, a program targeting ATN-GO for Alzheimer's, returning all rights to Denali and triggering an 8.2% drop in DNLI shares amid concerns over pipeline progress and funding. Loss of Takeda as a major partner on the DNL593 Alzheimer's program disrupts Denali's development timeline, funding, and investor confidence.

8 Apr

3

Takeda Pharmaceutical's valuation scrutinized after mixed pipeline updates on DNL593 and zasocitinib. Mixed pipeline news on DNL593 directly impacts Denali Therapeutics' key asset development and market sentiment without fundamentally altering long-term prospects.

7 Apr

4

Denali Therapeutics Inc. (DNLI) stock fell sharply after partner Takeda terminated their collaboration agreement, impacting the biotech firm's development pipeline and investor confidence. Takeda's termination of the collaboration removes a key strategic partnership critical to Denali's neuroscience drug development pipeline.

3 Apr

4

Denali Therapeutics regains full rights to investigational therapy DNL593 (PTV:PGRN) for GRN-related frontotemporal dementia (FTD-GRN). Regaining full rights to DNL593 bolsters Denali's pipeline control for FTD-GRN, enabling accelerated development and enhancing investor sentiment.

1 Apr

4

Denali Therapeutics solved a major challenge in treating a rare genetic disease, causing its shares to surge. Solving a key treatment obstacle for a rare genetic disease represents a major strategic advancement driving share gains and future prospects.

30 Mar

4

Denali Therapeutics (DNLI) shares dropped 13.9% after FDA approval of its first blood-brain barrier-crossing therapy for Hunter syndrome, raising questions about shifting market dynamics. FDA nod for pioneering BBB-crossing Hunter therapy validates Denali's ATV platform and pipeline potential despite immediate 13.9% stock selloff.

stockrow.com/DNLI · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com