(DNLI) Denali Therapeutics - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US24823R1059

Stock: RIPK1 Inhibitor, eIF2B Activator, LRRK2 Inhibitor, ETV Therapy, OTV Therapy

Total Rating 31
Risk 51
Buy Signal 1.09

EPS (Earnings per Share)

EPS (Earnings per Share) of DNLI over the last years for every Quarter: "2020-12": 1.91, "2021-03": -0.58, "2021-06": -0.5, "2021-09": -0.69, "2021-12": -0.62, "2022-03": -0.53, "2022-06": -0.48, "2022-09": -0.84, "2022-12": -0.75, "2023-03": -0.8, "2023-06": 1.3, "2023-09": -0.72, "2023-12": -0.86, "2024-03": -0.78, "2024-06": -0.59, "2024-09": -0.63, "2024-12": -0.67, "2025-03": -0.78, "2025-06": -0.72, "2025-09": -0.74, "2025-12": 0,

Revenue

Revenue of DNLI over the last years for every Quarter: 2020-12: 316.815, 2021-03: 7.923, 2021-06: 22.939, 2021-09: 5.285, 2021-12: 12.514, 2022-03: 42.141, 2022-06: 52.48, 2022-09: 3.559, 2022-12: 10.283, 2023-03: 35.141, 2023-06: 294.123, 2023-09: 1.267, 2023-12: -305.043, 2024-03: 0, 2024-06: 0, 2024-09: 0, 2024-12: 0, 2025-03: 0, 2025-06: 0, 2025-09: 0, 2025-12: null,
Risk 5d forecast
Volatility 63.6%
Relative Tail Risk -10.0%
Reward TTM
Sharpe Ratio 0.21
Alpha -23.83
Character TTM
Beta 1.327
Beta Downside 1.222
Drawdowns 3y
Max DD 65.20%
CAGR/Max DD -0.16

Description: DNLI Denali Therapeutics January 14, 2026

Denali Therapeutics (NASDAQ: DNLI) is a U.S. biotech focused on discovering and developing disease-modifying therapies for neurodegenerative and lysosomal storage disorders, leveraging its proprietary enzyme transport vehicle (TV) and omnipotent delivery (OTV) platforms.

The pipeline spans multiple modalities: a RIPK1 inhibitor (Eclitasertib) for peripheral inflammation; an eIF2B activator (DNL343) for ALS; LRRK2 inhibitor (BIIB122/DNL151) for Parkinson’s; frontotemporal dementia-granulin therapy (TAK-594/DNL593); enzyme-replacement candidates for Sanfilippo A (DNL126) and Hunter syndrome (DNL310); TV-based programs for Pompe disease (DNL952), Gaucher/Parkinson’s (DNL111), and Hurler syndrome (DNL622); and OTV/antibody TV candidates targeting tau, α-synuclein, and Aβ in Alzheimer’s and Parkinson’s disease.

As of the latest 10-Q (Q3 2024), Denali reported ~ $320 million in cash and equivalents, a burn rate of roughly $150 million per year, and a market-cap of ~ $2.1 billion-metrics that suggest a runway of just over two years without additional financing. The company’s valuation is heavily influenced by the broader biotech sector’s 2023-24 surge in CNS-focused R&D funding (CAGR ≈ 12 %) and by its strategic partnership with Biogen on the LRRK2 program, which could de-risk later-stage development. For a deeper, data-driven view of DNLI’s risk-adjusted upside, you may find it useful to explore the analyst tools on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 0.0

Net Income: error (cannot be calculated; needs Net Income TTM and Revenue TTM)
FCF/TA: -0.39 > 0.02 and ΔFCF/TA -13.08 > 1.0
NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev)
CFO/TA -0.38 > 3% & CFO -397.8m > Net Income -498.7m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 9.79 > 1.5 & < 3
Outstanding Shares: last quarter (172.4m) vs 12m ago 1.75% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 0.0% > 50% (prev 22.73%; Δ -22.73% > 0%)
Interest Coverage Ratio: -11.15 > 6 (EBITDA TTM -534.2m / Interest Expense TTM -49.1m)

Altman Z'' -15.00

A: 0.75 (Total Current Assets 882.6m - Total Current Liabilities 90.1m) / Total Assets 1.06b
B: -1.82 (Retained Earnings -1.92b / Total Assets 1.06b)
C: -0.44 (EBIT TTM -547.8m / Avg Total Assets 1.25b)
D: -14.84 (Book Value of Equity -1.92b / Total Liabilities 129.4m)
Altman-Z'' Score: -19.53 = D

What is the price of DNLI shares?

As of February 03, 2026, the stock is trading at USD 22.74 with a total of 1,594,320 shares traded.
Over the past week, the price has changed by +10.33%, over one month by +39.77%, over three months by +48.05% and over the past year by +4.12%.

Is DNLI a buy, sell or hold?

Denali Therapeutics has received a consensus analysts rating of 4.79. Therefore, it is recommended to buy DNLI.
  • StrongBuy: 15
  • Buy: 4
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the DNLI price?

Issuer Target Up/Down from current
Wallstreet Target Price 32.9 44.5%
Analysts Target Price 32.9 44.5%
ValueRay Target Price 23.7 4.2%

DNLI Fundamental Data Overview February 03, 2026

P/S = 3643.6484
P/B = 3.6705
Revenue TTM = 0.0 USD
EBIT TTM = -547.8m USD
EBITDA TTM = -534.2m USD
Long Term Debt = 44.4m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 9.16m USD (from shortTermDebt, last quarter)
Debt = 44.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -46.6m USD (from netDebt column, last quarter)
Enterprise Value = 2.59b USD (3.39b + Debt 44.4m - CCE 848.2m)
Interest Coverage Ratio = -11.15 (Ebit TTM -547.8m / Interest Expense TTM -49.1m)
EV/FCF = -6.31x (Enterprise Value 2.59b / FCF TTM -410.8m)
FCF Yield = -15.86% (FCF TTM -410.8m / Enterprise Value 2.59b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 105.0m) / Revenue TTM)
Tobins Q-Ratio = 2.45 (Enterprise Value 2.59b / Total Assets 1.06b)
Interest Expense / Debt = 47.48% (Interest Expense 21.1m / Debt 44.4m)
Taxrate = 21.0% (US default 21%)
NOPAT = -432.8m (EBIT -547.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 9.79 (Total Current Assets 882.6m / Total Current Liabilities 90.1m)
Debt / Equity = 0.05 (Debt 44.4m / totalStockholderEquity, last quarter 926.2m)
Debt / EBITDA = 0.09 (negative EBITDA) (Net Debt -46.6m / EBITDA -534.2m)
Debt / FCF = 0.11 (negative FCF - burning cash) (Net Debt -46.6m / FCF TTM -410.8m)
Total Stockholder Equity = 1.08b (last 4 quarters mean from totalStockholderEquity)
RoA = -39.75% (Net Income -498.7m / Total Assets 1.06b)
RoE = -46.33% (Net Income TTM -498.7m / Total Stockholder Equity 1.08b)
RoCE = -48.88% (EBIT -547.8m / Capital Employed (Equity 1.08b + L.T.Debt 44.4m))
RoIC = -40.21% (negative operating profit) (NOPAT -432.8m / Invested Capital 1.08b)
WACC = 11.14% (E(3.39b)/V(3.44b) * Re(10.80%) + D(44.4m)/V(3.44b) * Rd(47.48%) * (1-Tc(0.21)))
Discount Rate = 10.80% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 11.68%
Fair Price DCF = unknown (Cash Flow -410.8m)
EPS Correlation: -2.55 | EPS CAGR: 25.09% | SUE: 4.0 | # QB: 1
Revenue Correlation: -57.19 | Revenue CAGR: -1.07% | SUE: -0.17 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.76 | Chg30d=+0.013 | Revisions Net=+1 | Analysts=6
EPS next Year (2026-12-31): EPS=-2.94 | Chg30d=+0.034 | Revisions Net=+1 | Growth EPS=+2.3% | Growth Revenue=+2252.3%

Additional Sources for DNLI Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle