ORKA Stock Analysis: Oruka Therapeutics | NASDAQ

Biotechnology | NASDAQ, USA | Market Cap: 5.558m USD | 12M Return: 610.2% | Charts, Fundamentals & Technical Analysis

Antibody Therapies, Psoriasis Treatments, Inflammatory Drugs, Immunology Medicines
Total Rating 40
Safety 47
Buy Signal 0.58
Biotechnology
Industry Rotation: -21.3
Market Cap: 5.56B
Avg Turnover: 86.1M
Risk 3d forecast
Volatility70.0%
VaR 5th Pctl10.7%
VaR vs Median-5.81%
Reward TTM
Sharpe Ratio2.84
Rel. Str. IBD99.8
Rel. Str. Peer Group97.8
Character TTM
Beta0.730
Beta Downside-0.656
Hurst Exponent0.495
Drawdowns 3y
Max DD77.76%
CAGR/Max DD1.23
CAGR/Mean DD4.11

Warnings

Strong Share Dilution

Tailwinds

Supp Ema20
Rs Leader
Idiosyncratic Leader

Seasonality 10.5 years of data

Jan -3.1% 17
Feb -1.1% 13
Mar -3.5% 0
Apr +6.3% 45
May +5.9% 45
Jun +2.6% 28
Jul +1.8% 19
Aug -1.6% 2
Sep -2.2% 22
Oct +4.8% 10
Nov +1.4% 5
Dec -2.8% 12

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: ORKA Oruka Therapeutics

Oruka Therapeutics (NASDAQ: ORKA) is a clinical-stage biopharmaceutical company headquartered in Menlo Park, California, developing monoclonal antibody therapeutics for psoriasis (PsO) and other inflammatory and immunology (I&I) indications. Its lead candidates are ORKA-001, an antibody targeting the p19 subunit of IL-23 currently in a Phase 2a PsO trial, and ORKA-002, which targets IL-17A and IL-17F and is in Phase 2 development for PsO, psoriatic arthritis, and related conditions.

The pipeline also includes ORKA-003, directed at an undisclosed pathway, and ORKA-021, a sequential combination regimen pairing ORKA-002 with ORKA-001. As a clinical-stage biotechnology company, Oruka has not yet commercialized a product, meaning its valuation is tied primarily to pipeline progress and the potential for future regulatory approvals in the competitive immunology biologics market.

Headlines to Watch Out For
  • ORKA-001 Phase 2a psoriasis data readout approaches
  • Competition intensifies from Skyrizi and Taltz in IL-23 market
  • Cash runway supports pipeline through key clinical milestones
Piotroski VR-10 (Strict) 0.0
Net Income: error (cannot be calculated; needs Net Income TTM and Revenue TTM)
FCF/TA: -0.18 > 0.02 and ΔFCF/TA 2.44 > 1.0
NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev)
CFO/TA -0.18 > 3% & CFO -90.9m > Net Income -116.3m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 23.76 > 1.5 & < 3
Outstanding Shares: last quarter (55.2m) vs 12m ago 32.37% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 0.0% > 50% (prev 0.0%; Δ 0.0% > 0%)
Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM)
Altman Z'' 10.00
A: 0.75 (Total Current Assets 395.2m - Total Current Liabilities 16.6m) / Total Assets 504.5m
B: -0.44 (Retained Earnings -221.0m / Total Assets 504.5m)
C: -0.26 (EBIT TTM -116.3m / Avg Total Assets 440.8m)
D: 27.41 (Book Value of Equity 486.7m / Total Liabilities 17.8m)
Altman-Z'' = 30.50 = AAA
What is the price of ORKA shares?

As of August 01, 2026, the stock is trading at USD 96.51 with a total of 749,936 shares traded. Over the past week, the price has changed by +4.72%, over one month by +1.41%, over three months by +41.08% and over the past year by +610.15%.

Current recommended Stop Loss: 84.40 (which is 12.5% or 2.2 ATR below the current price).

Is ORKA a buy, sell or hold?

Oruka Therapeutics has received a consensus analysts rating of 4.88. Therefore, it is recommended to buy ORKA.

  • StrongBuy: 7
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the ORKA price?
Analysts Target Price 148.2 53.5%
Oruka Therapeutics (ORKA) - Fundamental Data Overview as of 26 July 2026
Market Cap USD = 5.56b (5.56b USD * 1.0 USD.USD)
P/B = 11.4556
Revenue TTM = 0.0 USD
EBIT TTM = -116.3m USD
EBITDA TTM = -116.1m USD
Long Term Debt = 1.13m USD (estimated: total debt 1.81m - short term 680k)
Short Term Debt = 680k USD (from shortTermDebt, last quarter)
Debt = 1.81m USD (from shortLongTermDebtTotal, last quarter) (leases 1.81m already included)
Net Debt = -387.0m USD (calculated: Debt 1.81m - CCE 388.8m)
Enterprise Value = 5.17b USD (5.56b + Debt 1.81m - CCE 388.8m)
 Interest Coverage Ratio = unknown (Ebit TTM -116.3m / Interest Expense TTM 0.0)
 EV/FCF = -56.71x (Enterprise Value 5.17b / FCF TTM -91.2m)
FCF Yield = -1.76% (FCF TTM -91.2m / Enterprise Value 5.17b)
 FCF Margin = unknown (Revenue TTM is 0 or missing)
 Net Margin = unknown
 Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 83.0k) / Revenue TTM)
 Tobins Q-Ratio = 10.25 (Enterprise Value 5.17b / Total Assets 504.5m)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 1.81m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -91.8m (EBIT -116.3m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 23.76 (Total Current Assets 395.2m / Total Current Liabilities 16.6m)
Debt / Equity = 0.00 (Debt 1.81m / totalStockholderEquity, last quarter 486.7m)
 Debt / EBITDA = 3.33 (negative EBITDA) (Net Debt -387.0m / EBITDA -116.1m)
 Debt / FCF = 4.24 (negative FCF - burning cash) (Net Debt -387.0m / FCF TTM -91.2m)
 Total Stockholder Equity = 447.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -26.37% (Net Income -116.3m / Total Assets 504.5m)
RoE = -25.99% (Net Income TTM -116.3m / Total Stockholder Equity 447.3m)
RoCE = -25.93% (EBIT -116.3m / Capital Employed (Equity 447.3m + L.T.Debt 1.13m))
 RoIC = -18.80% (negative operating profit) (NOPAT -91.8m / Invested Capital 488.5m)
 WACC = 8.55% (E(5.56b)/V(5.56b) * Re(8.55%) + D(1.81m)/V(5.56b) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 8.55% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 96.14 | Cagr: 493.6%
 [DCF] Fair Price = unknown (Cash Flow -91.2m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.13 | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: 0.0 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.50 | Chg30d=+0.00% | Revisions=+42% | Analysts=9
EPS next Quarter (2026-09-30): EPS=-0.51 | Chg30d=+0.00% | Revisions=+58% | Analysts=9
EPS current Year (2026-12-31): EPS=-2.04 | Chg30d=-0.09% | Revisions=-25% | GrowthEPS=-10.2% | GrowthRev=+0.0%
EPS next Year (2027-12-31): EPS=-2.49 | Chg30d=-1.21% | Revisions=-25% | GrowthEPS=-22.2% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: +43% (up=15, down=5)