(OLMA) Olema Pharmaceuticals - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US68062P1066

Stock: Palazestrant, OP-3136

Total Rating 40
Risk 30
Buy Signal -0.48

EPS (Earnings per Share)

EPS (Earnings per Share) of OLMA over the last years for every Quarter: "2020-12": -0.5, "2021-03": -0.39, "2021-06": -0.42, "2021-09": -0.45, "2021-12": -0.54, "2022-03": -0.58, "2022-06": -0.82, "2022-09": -0.57, "2022-12": -0.65, "2023-03": -0.7, "2023-06": -0.49, "2023-09": -0.48, "2023-12": -0.49, "2024-03": -0.56, "2024-06": -0.54, "2024-09": -0.6, "2024-12": -0.51, "2025-03": -0.36, "2025-06": -0.51, "2025-09": -0.49, "2025-12": 0,

Revenue

Revenue of OLMA over the last years for every Quarter: 2020-12: 0, 2021-03: 0, 2021-06: 0, 2021-09: 0, 2021-12: 0, 2022-03: 0, 2022-06: 0, 2022-09: 0, 2022-12: 0, 2023-03: 0, 2023-06: 0, 2023-09: 0, 2023-12: 1.884, 2024-03: 0, 2024-06: 0, 2024-09: 0, 2024-12: 0.364, 2025-03: 0, 2025-06: 0, 2025-09: 0, 2025-12: null,
Risk 5d forecast
Volatility 89.3%
Relative Tail Risk -13.2%
Reward TTM
Sharpe Ratio 1.38
Alpha 276.83
Character TTM
Beta 0.136
Beta Downside -0.131
Drawdowns 3y
Max DD 82.15%
CAGR/Max DD 0.95

Description: OLMA Olema Pharmaceuticals December 31, 2025

Olema Pharmaceuticals (NASDAQ: OLMA) is a clinical-stage biotech that concentrates on novel oral therapies for estrogen-receptor-positive (ER+) / HER2-negative breast cancer, the most common subtype of women’s cancers worldwide.

Its lead candidate, **palazestrant**, is a dual-action estrogen-receptor antagonist and selective degrader (SERD). The drug is currently in three concurrent studies: the pivotal Phase 3 OPERA-01 monotherapy trial in second-/third-line metastatic ER+/HER2- disease; combination arms with CDK4/6 inhibitors (palbociclib, ribociclib), the PI3Kα inhibitor alpelisib, and the mTOR inhibitor everolimus (Phase 1/2); and a separate Phase 3 trial for recurrent/metastatic disease. Positive readouts from any of these studies would be a material catalyst for the stock.

Olema’s secondary pipeline includes **OP-3136**, an orally bioavailable KAT6 inhibitor targeting the same ER+/HER2- population and other solid tumors. OP-3136 is in Phase 1, and early-stage data are expected in H2 2025. The company also retains a small-molecule platform that could be leveraged for future indications.

Key financial and market context (as of the latest 10-Q, Q3 2024): market capitalization ≈ $120 M; cash and equivalents ≈ $45 M, giving roughly 12 months of runway at current burn (~$3.5 M / quarter). The global ER+/HER2- breast-cancer market is projected to exceed $12 B by 2028, driven by an aging female population and expanding use of CDK4/6-based regimens-both of which are direct comparators for palazestrant. A critical risk is the competitive landscape, where next-generation oral SERDs such as elacestrant (Roche) and giredestrant (Roche) have already secured FDA approvals, potentially compressing pricing power.

For a deeper, data-driven assessment of OLMA’s valuation and risk profile, you may find the analyst tools on ValueRay worth a quick look.

Piotroski VR‑10 (Strict, 0-10) 0.0

Net Income: -150.0m TTM > 0 and > 6% of Revenue
FCF/TA: -0.38 > 0.02 and ΔFCF/TA 3.80 > 1.0
NWC/Revenue: 80.4k% < 20% (prev 9941 %; Δ 70.5k% < -1%)
CFO/TA -0.38 > 3% & CFO -134.7m > Net Income -150.0m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 8.03 > 1.5 & < 3
Outstanding Shares: last quarter (85.7m) vs 12m ago 49.72% < -2%
Gross Margin: 14.84% > 18% (prev 0.81%; Δ 1403 % > 0.5%)
Asset Turnover: 0.12% > 50% (prev 0.82%; Δ -0.69% > 0%)
Interest Coverage Ratio: -13.75 > 6 (EBITDA TTM -161.3m / Interest Expense TTM -11.8m)

Altman Z'' -15.00

A: 0.83 (Total Current Assets 334.3m - Total Current Liabilities 41.7m) / Total Assets 352.5m
B: -1.56 (Retained Earnings -551.5m / Total Assets 352.5m)
C: -0.56 (EBIT TTM -161.7m / Avg Total Assets 291.3m)
D: -12.25 (Book Value of Equity -551.0m / Total Liabilities 45.0m)
Altman-Z'' Score: -16.25 = D

Beneish M 1.00

DSRI: 22.38 (Receivables 2.97m/687.0k, Revenue 364.0k/1.88m)
GMI: 5.43 (GM 14.84% / 80.63%)
AQI: 1.08 (AQ_t 0.05 / AQ_t-1 0.04)
SGI: 0.19 (Revenue 364.0k / 1.88m)
TATA: -0.04 (NI -150.0m - CFO -134.7m) / TA 352.5m)
Beneish M-Score: 18.02 (Cap -4..+1) = D

What is the price of OLMA shares?

As of February 07, 2026, the stock is trading at USD 25.36 with a total of 962,290 shares traded.
Over the past week, the price has changed by -1.40%, over one month by +1.28%, over three months by +209.65% and over the past year by +305.76%.

Is OLMA a buy, sell or hold?

Olema Pharmaceuticals has received a consensus analysts rating of 4.63. Therefore, it is recommended to buy OLMA.
  • StrongBuy: 5
  • Buy: 3
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the OLMA price?

Issuer Target Up/Down from current
Wallstreet Target Price 45.9 81%
Analysts Target Price 45.9 81%
ValueRay Target Price 25.6 0.9%

OLMA Fundamental Data Overview February 02, 2026

P/B = 6.705
Revenue TTM = 364.0k USD
EBIT TTM = -161.7m USD
EBITDA TTM = -161.3m USD
Long Term Debt = 3.00m USD (from longTermDebt, last quarter)
Short Term Debt = 1.17m USD (from shortTermDebt, last quarter)
Debt = 4.48m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -30.8m USD (from netDebt column, last quarter)
Enterprise Value = 1.74b USD (2.06b + Debt 4.48m - CCE 329.0m)
Interest Coverage Ratio = -13.75 (Ebit TTM -161.7m / Interest Expense TTM -11.8m)
EV/FCF = -12.90x (Enterprise Value 1.74b / FCF TTM -134.7m)
FCF Yield = -7.75% (FCF TTM -134.7m / Enterprise Value 1.74b)
FCF Margin = -37.0k% (FCF TTM -134.7m / Revenue TTM 364.0k)
Net Margin = -41.2k% (Net Income TTM -150.0m / Revenue TTM 364.0k)
Gross Margin = 14.84% ((Revenue TTM 364.0k - Cost of Revenue TTM 310.0k) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 4.93 (Enterprise Value 1.74b / Total Assets 352.5m)
Interest Expense / Debt = 29.39% (Interest Expense 1.32m / Debt 4.48m)
Taxrate = 21.0% (US default 21%)
NOPAT = -127.8m (EBIT -161.7m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 8.03 (Total Current Assets 334.3m / Total Current Liabilities 41.7m)
Debt / Equity = 0.01 (Debt 4.48m / totalStockholderEquity, last quarter 307.5m)
Debt / EBITDA = 0.19 (negative EBITDA) (Net Debt -30.8m / EBITDA -161.3m)
Debt / FCF = 0.23 (negative FCF - burning cash) (Net Debt -30.8m / FCF TTM -134.7m)
Total Stockholder Equity = 361.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -51.48% (Net Income -150.0m / Total Assets 352.5m)
RoE = -41.51% (Net Income TTM -150.0m / Total Stockholder Equity 361.3m)
RoCE = -44.39% (EBIT -161.7m / Capital Employed (Equity 361.3m + L.T.Debt 3.00m))
RoIC = -35.22% (negative operating profit) (NOPAT -127.8m / Invested Capital 362.8m)
WACC = 6.46% (E(2.06b)/V(2.07b) * Re(6.42%) + D(4.48m)/V(2.07b) * Rd(29.39%) * (1-Tc(0.21)))
Discount Rate = 6.42% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 25.10%
Fair Price DCF = unknown (Cash Flow -134.7m)
EPS Correlation: 66.58 | EPS CAGR: 33.84% | SUE: 2.09 | # QB: 1
Revenue Correlation: 9.12 | Revenue CAGR: 0.0% | SUE: 0.0 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.53 | Chg30d=+0.029 | Revisions Net=+2 | Analysts=6
EPS next Year (2026-12-31): EPS=-2.31 | Chg30d=+0.019 | Revisions Net=-1 | Growth EPS=-20.5% | Growth Revenue=+0.0%

Additional Sources for OLMA Stock

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