NASDAQ:OLMA Olema Pharmaceuticals (OLMA) Stock Price, News & Analysis $10.41 -0.73 (-6.55%) (As of 07/2/2024 ET) Add Compare Share Share Today's Range$10.15▼$11.2150-Day Range$8.73▼$13.9952-Week Range$7.78▼$17.79Volume714,306 shsAverage Volume891,102 shsMarket Capitalization$582.23 millionP/E RatioN/ADividend YieldN/APrice Target$22.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Olema Pharmaceuticals alerts: Email Address Olema Pharmaceuticals MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside111.3% Upside$22.00 Price TargetShort InterestBearish13.91% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.97Based on 7 Articles This WeekInsider TradingSelling Shares$608,450 Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($2.30) to ($2.44) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.36 out of 5 starsMedical Sector563rd out of 914 stocksPharmaceutical Preparations Industry257th out of 433 stocks 3.5 Analyst's Opinion Consensus RatingOlema Pharmaceuticals has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageOlema Pharmaceuticals has only been the subject of 1 research reports in the past 90 days.Read more about Olema Pharmaceuticals' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted13.91% of the outstanding shares of Olema Pharmaceuticals have been sold short.Short Interest Ratio / Days to CoverOlema Pharmaceuticals has a short interest ratio ("days to cover") of 8.4.Change versus previous monthShort interest in Olema Pharmaceuticals has recently decreased by 4.77%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldOlema Pharmaceuticals does not currently pay a dividend.Dividend GrowthOlema Pharmaceuticals does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for OLMA. Previous Next 3.3 News and Social Media Coverage News SentimentOlema Pharmaceuticals has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.86 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Olema Pharmaceuticals this week, compared to 3 articles on an average week.Search Interest12 people have searched for OLMA on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Olema Pharmaceuticals insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $608,450.00 in company stock.Percentage Held by Insiders19.40% of the stock of Olema Pharmaceuticals is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions91.78% of the stock of Olema Pharmaceuticals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Olema Pharmaceuticals' insider trading history. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Olema Pharmaceuticals are expected to decrease in the coming year, from ($2.30) to ($2.44) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Olema Pharmaceuticals is -5.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Olema Pharmaceuticals is -5.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioOlema Pharmaceuticals has a P/B Ratio of 2.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Olema Pharmaceuticals' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsWho are Nvidia’s New Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.I call these Nvidia’s “Silent Partners.” About Olema Pharmaceuticals Stock (NASDAQ:OLMA)Olema Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of therapies for women's cancers. Its lead product candidate is OP-1250, 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 estrogen receptor-positive, human epidermal growth factor receptor 2-negative breast cancer; and OP-1250 combine with CDK4/6 inhibitors palbociclib, ribociclib, and alpelisib in Phase 1/2 clinical trial for the treatment of recurrent, locally advanced, or metastatic estrogen receptor-positive human epidermal growth factor receptor 2-negative breast cancer, as well as develops OPERA-01 for the of ER+/HER2- advanced or metastatic breast cancer. 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.Read More OLMA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OLMA Stock News HeadlinesJune 6, 2024 | insidertrades.comCyrus Harmon Sells 5,000 Shares of Olema Pharmaceuticals, Inc. (NASDAQ:OLMA) StockJuly 2 at 4:29 PM | globenewswire.comOlema Oncology Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)July 2, 2024 | Behind the Markets (Ad)[Breaking] Classified Wargames Reveal Grave Threat from ChinaThe economic fallout could be devastating for unprepared investors. But sectors like aerospace & defense may see soaring demand. Don't be caught off guard - get the details on the weapons makers set to boom if war breaks out.June 30 at 1:16 AM | americanbankingnews.comOlema Pharmaceuticals, Inc. (NASDAQ:OLMA) Receives Average Recommendation of "Buy" from AnalystsJune 17, 2024 | seekingalpha.comOlema Pharmaceuticals: Still Merits A Small HoldingJune 4, 2024 | globenewswire.comOlema Oncology Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)May 28, 2024 | globenewswire.comOlema Oncology to Participate in Upcoming Investor Conferences in JuneMay 21, 2024 | barrons.comOlema Pharmaceuticals Inc.July 2, 2024 | Behind the Markets (Ad)[Breaking] Classified Wargames Reveal Grave Threat from ChinaThe economic fallout could be devastating for unprepared investors. But sectors like aerospace & defense may see soaring demand. Don't be caught off guard - get the details on the weapons makers set to boom if war breaks out.May 16, 2024 | markets.businessinsider.comBuy Rating Affirmed for Olema Pharmaceuticals on Strong Clinical Trial Data for Palazestrant and Ribociclib CombinationMay 16, 2024 | markets.businessinsider.comBuy Rating Affirmed for Olema Pharmaceuticals Amid Promising Clinical Trial Results for Breast Cancer TherapyMay 16, 2024 | markets.businessinsider.comBuy Rating Justified by Promising Efficacy and Safety Profile of Olema Pharmaceuticals’ Drug Combination in Clinical StudiesMay 16, 2024 | markets.businessinsider.comPromising Combination Therapy Drives Buy Rating for Olema PharmaceuticalsMay 15, 2024 | markets.businessinsider.comPromising Clinical Trial Results Bolster Buy Rating for Olema PharmaceuticalsMay 15, 2024 | globenewswire.comOlema Oncology Announces Promising New Data for Palazestrant in Combination with Ribociclib Presented at the 2024 ESMO Breast Cancer CongressMay 10, 2024 | markets.businessinsider.comBuy Rating on Olema Pharmaceuticals Amid Promising Clinical Trials and Strong Financial PositionMay 9, 2024 | markets.businessinsider.comBuy Rating on Olema Pharmaceuticals: Financial Stability and Promising Drug Development Fuel Positive OutlookMay 9, 2024 | markets.businessinsider.comBuy Rating Affirmed on Olema Pharmaceuticals Amid Promising Breast Cancer Treatment Advances and Strategic Novartis CollaborationMay 8, 2024 | investorplace.comOLMA Stock Earnings: Olema Pharmaceuticals Misses EPS for Q1 2024May 8, 2024 | globenewswire.comOlema Oncology Reports First Quarter 2024 Financial Results and Provides Corporate UpdateMay 8, 2024 | globenewswire.comOlema Oncology Announces New Clinical Data for Palazestrant in Combination with Ribociclib to be Presented at the 2024 ESMO Breast Cancer Annual CongressMay 2, 2024 | globenewswire.comOlema Oncology Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)May 1, 2024 | globenewswire.comOlema Oncology to Participate in Upcoming Investor Conferences in MayApril 21, 2024 | finance.yahoo.comOlema Pharmaceuticals, Inc. (OLMA)April 12, 2024 | markets.businessinsider.comBuy Rating on Olema Pharmaceuticals Amidst Promising Oncology Developments and Competitive EdgeApril 10, 2024 | bizjournals.comHow Olema Oncology moved from layoffs to pivotal cancer drug studiesApril 8, 2024 | globenewswire.comOlema Oncology to Participate in Canaccord Genuity 2024 Horizons in Oncology Virtual ConferenceSee More Headlines Receive OLMA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Olema Pharmaceuticals and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/08/2024Today7/02/2024Next Earnings (Estimated)8/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:OLMA CUSIPN/A CIK1750284 Webwww.olema.com Phone650-243-5555FaxN/AEmployees74Year FoundedN/APrice Target and Rating Average Stock Price Target$22.00 High Stock Price Target$30.00 Low Stock Price Target$18.00 Potential Upside/Downside+109.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($2.02) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-96,650,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-42.87% Return on Assets-39.30% Debt Debt-to-Equity RatioN/A Current Ratio9.61 Quick Ratio9.61 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$4.61 per share Price / Book2.28Miscellaneous Outstanding Shares55,930,000Free Float45,083,000Market Cap$587.27 million OptionableOptionable Beta2.06 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesDr. Sean P. Bohen M.D. (Age 57)Ph.D., President, CEO & Director Comp: $1MMr. Shane William Charles Kovacs M.B.A. (Age 50)Chief Operating & Financial Officer Comp: $726.17kDr. Naseem Zojwalla M.D. (Age 51)Chief Medical Officer Comp: $775.48kMr. Geoffrey MogilnerVice President of Investor Relations & CommunicationsMs. Julie DexterSenior VP & Head of PeopleDr. David C. Myles Ph.D. (Age 61)Chief Discovery & Non-Clinical Development Officer Comp: $200kMs. Demiana Faltaos Ph.D.Pharm.D., VP & Head of Clinical PharmacologyMr. John B. Moriarty Jr. (Age 56)J.D., Corporate Secretary Comp: $434.32kMs. Sasha Austin CPAVP of Finance & ControllerMore ExecutivesKey CompetitorsRhythm PharmaceuticalsNASDAQ:RYTMACADIA PharmaceuticalsNASDAQ:ACADAgios PharmaceuticalsNASDAQ:AGIOMoonLake ImmunotherapeuticsNASDAQ:MLTXBausch Health CompaniesNYSE:BHCView All CompetitorsInsiders & InstitutionsCyrus HarmonSold 20,000 sharesTotal: $215,400.00 ($10.77/share)Cyrus HarmonSold 5,000 sharesTotal: $54,650.00 ($10.93/share)Cyrus HarmonSold 15,000 sharesTotal: $141,150.00 ($9.41/share)Walleye Trading LLCSold 1,300 shares on 5/17/2024Ownership: 0.000%Janus Henderson Group PLCBought 521,562 shares on 5/16/2024Ownership: 2.184%View All Insider TransactionsView All Institutional Transactions OLMA Stock Analysis - Frequently Asked Questions Should I buy or sell Olema Pharmaceuticals stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Olema Pharmaceuticals in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" OLMA shares. View OLMA analyst ratings or view top-rated stocks. What is Olema Pharmaceuticals' stock price target for 2024? 7 equities research analysts have issued 12-month target prices for Olema Pharmaceuticals' stock. Their OLMA share price targets range from $18.00 to $30.00. On average, they expect the company's share price to reach $22.00 in the next twelve months. This suggests a possible upside of 111.3% from the stock's current price. View analysts price targets for OLMA or view top-rated stocks among Wall Street analysts. How have OLMA shares performed in 2024? Olema Pharmaceuticals' stock was trading at $14.03 at the beginning of the year. Since then, OLMA shares have decreased by 25.8% and is now trading at $10.41. View the best growth stocks for 2024 here. When is Olema Pharmaceuticals' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our OLMA earnings forecast. How were Olema Pharmaceuticals' earnings last quarter? Olema Pharmaceuticals, Inc. (NASDAQ:OLMA) issued its quarterly earnings results on Wednesday, May, 8th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.53) by $0.03. What ETF holds Olema Pharmaceuticals' stock? Virtus LifeSci Biotech Clinical Trials ETF holds 7,265 shares of OLMA stock, representing 0.87% of its portfolio. When did Olema Pharmaceuticals IPO? Olema Pharmaceuticals (OLMA) raised $170 million in an initial public offering (IPO) on Thursday, November 19th 2020. The company issued 10,000,000 shares at a price of $16.00-$18.00 per share. J.P. Morgan, Jefferies, Cowen and Canaccord Genuity served as the underwriters for the IPO. How do I buy shares of Olema Pharmaceuticals? Shares of OLMA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:OLMA) was last updated on 7/2/2024 by MarketBeat.com Staff From Our PartnersBuy this small stock before coming AI Tidal WaveThe internet generated more wealth than any other innovation in history - creating hundreds of thousands of ne...Chaikin Analytics | SponsoredRe: We’re giving you all this for less than a pair of socksThe Only Trading Tool You'll Need This Year Forget juggling multiple subscriptions and confusing indicator...StockEarnings | Sponsored25th AmendmentIt's not surprising that talk of invoking the 25th Amendment (to remove Biden from office) has surfaced.Stansberry Research | Sponsored1k a day while computer does all work?What I discovered is now helping me take in more than 1k a day. 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