RARE · NASDAQ · Biotechnology

Ultragenyx Pharmaceutical

Develops and commercializes therapies for serious rare and ultra-rare genetic diseases.

$25.68
After-hours close+0.07 (+0.27%)
At close$25.61(−2.48%)
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Profile

Ultragenyx Pharmaceutical Inc.RAREHealth Care

Develops and commercializes approved therapies and product candidates for serious rare and ultra-rare genetic diseases. Its operating model combines patient and caregiver engagement with collaborations, acquisitions, and commercial execution.

Identifies, acquires, develops, and commercializes therapies for serious rare and ultra-rare genetic diseases with clear biology and high unmet need. The portfolio focuses on diseases where the biology is clear and unmet need is high. Its approved portfolio includes Mepsevii, Crysvita, and Dojolvi, alongside a broader product-candidate portfolio and patient and caregiver engagement that informs clinical protocol, endpoint, analysis, commercialization, and access approaches.

Founder Emil D. Kakkis has remained President and CEO since the 2010 formation, providing continuity through the public-market and commercial stages. Strategic collaborations and targeted acquisitions add capabilities, while product approvals and collaboration arrangements shape operations.

Company facts

CEOEmil D. Kakkis, M.D., Ph.D.
ListedJan 31, 2014
ExchangeNASDAQ
HeadquartersNovato, CA
CountryUnited States
Employees1,371
CIK0001515673
ISINUS90400D1081

Key statistics

Market cap$2.52B
EPS (ttm)−$5.84
P/E (ttm)−4.39
ROE392.4%
P/B−8.97
P/S3.52
Dividend yield
Beta1.44vs XLV 0.62

Year to date +8.5% · Average volume (30d) 2.0M

Analysts

Price target, next 12 months$46.50+81.6%Median of 33 analysts · vs the Aug 28 close
ConsensusBuy26 of 33 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionRatingPrior targetTarget
Aug 28, 2026Wells FargoTarget$46$50
Aug 21, 2026Morgan StanleyReiterateOverweight$67$74
Aug 20, 2026Canaccord GenuityTarget$111$83
Aug 20, 2026Wells FargoReiterateOverweight$45$46
Aug 4, 2026GuggenheimReiterateBuy$43$35

Earnings

EPS

Estimate−$0.63
ReportedDue Nov 3, 2026

Revenue

Estimate$184.1M
ReportedDue Nov 3, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 4, 2026Q2 FY26−$1.22−$0.90+26.2%$183.1M$214.0M+16.9%−3.41%
May 5, 2026Q1 FY26−$1.49−$1.84−23.7%$158.2M$136.0M−14.0%+3.68%
Feb 12, 2026Q4 FY25−$1.20−$1.29−7.5%$198.6M$207.0M+4.2%−12.68%
Nov 4, 2025Q3 FY25−$1.23−$1.81−47.2%$199.8M$159.9M−19.9%−1.82%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$139.3M$166.5M$159.9M$207.0M$136.0M$214.0M
Gross profit$110.6M$143.5M$131.9M$178.0M$106.0M$180.0M
Operating income−$142.9M−$107.9M−$170.9M−$114.0M−$169.0M−$75.0M
Net income−$151.1M−$115.0M−$180.4M−$129.0M−$185.0M−$92.0M
Diluted EPS−$1.57−$1.17−$1.81−$1.29−$1.84−$0.90
Gross margin79.4%86.2%82.5%86.0%77.9%84.1%
Operating margin-102.6%-64.8%-106.9%-55.1%-124.3%-35.0%

Fiscal years (4-quarter sums)FY21 $351.4M · FY22 $363.3M · FY23 $434.2M · FY24 $560.2M · FY25 $672.7M

Revenue by product · Q2 FY26

Product$112.0M · 52%
Royalty$102.0M · 48%

Revenue by geography · Q2 FY26

North America$121.0M · 57%
Latin America$51.0M · 24%
EMEA$35.0M · 16%
Asia Pacific$7.0M · 3%

Balance sheet, Jun 30, 2026Cash & short-term investments $292.0M · Total debt $1.20B · Total assets $1.26B · Shareholders' equity −$291.0M

Dividends

No dividends on record.

Ownership

Institutions 112.44%Insiders 4.22%

A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.

Shares outstanding 98.49M · Float 94.61M · 96.1% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.10.65M10.82%13FAug 7, 2026
RTW Investments, LP7.80M7.90%13GAug 14, 2026
Vanguard Portfolio Management LLC6.79M6.89%13FAug 13, 2026
AQR Capital Management, LLC6.56M6.66%13GAug 13, 2026
State Street Corporation6.16M6.30%13GAug 7, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 3, 2026Howard Hornofficer: Chief Financial Officer−4,696$24.92
Aug 3, 2026Karah Herdman Parschauerofficer: EVP and Chief Legal Officer−1,900$24.92
Jul 1, 2026Howard Hornofficer: Chief Financial Officer−4,698$33.13
Jun 15, 2026Karah Herdman Parschauerofficer: EVP and Chief Legal Officer−1,899$24.62
Jun 15, 2026Corazon (Corsee) D. Sandersdirector−2,000$25.05
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Peers

  • BioMarin

    Commercial rare-genetic-disease therapies and enzyme-replacement depth

  • Amgen

    Familial-lipid-disease therapy and large rare-disease portfolio

  • PTC Therapeutics

    Commercial and pipeline medicines for rare disorders

  • Sarepta Therapeutics

    Precision genetic medicine and gene-therapy programs for rare diseases

CompareAfter-hours close

CompanyPriceChange
Ultragenyx Pharmaceutical$25.68+0.27%$2.52B3.5+28.5%
BioMarin$64.67+0.02%$12.50B165.810.43.7+19.9%
Amgen$430.27−0.49%$233.38B26.918.46.1+9.7%
PTC Therapeutics$70.59+0.73%$5.85B58.05.8+101.6%
Sarepta Therapeutics$21.05+0.98%$2.20B26.31.1−34.3%
Median96.322.44.7+14.8%