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DNLI · Denali Therapeutics Inc.

Track DNLI — free
$19.16 -0.12 (-0.62%) At close · Oct 7
Market Cap
$3.25B
Shares
159.85M
Volume · Oct 7 1.31M Avg daily vol (3M) 1.6M

Price & Indicators

Drag to pan · scroll to zoom
20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$19.16 Open$18.95 Day$18.89–19.43 52W close$14.41–27.21 Avg vol 30d1.7M Short int17.1M · 10.7% float · 12.0d Short vol54% Last earningsAug 6, 2026 DataJan 2020–Oct 2026 Filing10-Q · Aug 6

Up next

Next earnings call
Dec 23, 2026 Est · unconfirmed · in 11 wks
filed Aug 6, 2026
call held Aug 6, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$3.60M
Trailing 12 months
Net income (TTM)
−$511.45M
Trailing 12 months
Revenue growth YoY
—
Year over year
Operating margin
—
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
$710.47M
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+9.3%
Year over year · more shares
Price change (1Y)
+26.7%
Trailing year
Short interest
10.7%
Latest settlement · 12.0 days to cover
View all 115 metrics

AI Brief

Q2 FY26 earnings call · Aug 6, 2026
Q2 FY26

TL;DR. Denali reported a strong first full commercial quarter for Ablea with $3.6M in net product revenue and guided Q3 revenue to $10–12M, while advancing two Alzheimer's programs into the clinic and strengthening its balance sheet to over $1.1B in pro forma cash following a $195M priority review voucher sale; the company also pushed out DNL593 data to 2027.

Bullish
  • + Ablea generated $3.6M in net product revenue in its first full commercial quarter, ahead of internal expectations.
  • + Company guided Q3 2026 Ablea net product revenue to $10.0–12.0 million.
  • + Pro forma cash strengthened to over $1.1B after $195M July PRV sale proceeds, adding strategic flexibility.
  • + DNL593 received FDA Orphan Drug Designation for FTD-GRN.
Bearish
  • − DNL593 (FTD-GRN) data timing pushed from end of 2026 to 2027 to allow longer observation of biomarkers including NfL.
  • − Net loss widened to $127.6M in Q2 2026 from $124.1M in Q2 2025, with SG&A up on Ablea launch investment.
  • − Partnered DNL151 (LRRK2) failed the global Phase 2b LUMA study in early-stage Parkinson's, ending development in idiopathic PD.
  • − Takeda terminated the DNL593 collaboration, returning full program rights to Denali.

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Strong Sell
SellHoldBuy
Technical Sell Momentum Weak Sentiment Bearish Fundamentals Poor Quant / Vol Very High
Market backdrop VIX 15.1 · calm Equity put/call 0.63
Technical
price trend
Sell
50 / 200-day cross No cross
Price vs 200-day avg −9%
below
Price vs 50-day avg −15%
below
RSI (14) 31
neutral
MACD trend Negative
52-week position 37%
mid-range
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Weak
1-month return −11%
trailing
6-month return −7%
trailing
YTD return +16%
this year
Relative strength −18%
vs S&P · 6-mo
Sentiment
smart money
Bearish
Trend (MA cross) No cross
50d $23 › 200d $21 — 50d above 200d
Institutional flow Distributing
3 of 297 funds reported for Sep 30 · net -94 sh shares
Insider flow Distributing
Net -$108.5K over 90 days · 100% sells
Short interest Rising
10.72% of float · ▲ +3.0% MoM · 12.0 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
297 holders — near 3-yr high, broad support
Squeeze score 67
elevated · 0–100
Fundamentals
Poor
EPS growth −16%
Y/Y
Free cash flow $-422.1M
Quant / Vol
risk profile
Very High
Volatility 56%
annualized · 1-yr
Max drawdown −30%
past year
ATR 4.2%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Prior guidance period ended · from the 8-K filed Aug 6, 2026
AVLAYAH net product revenue · third quarter 2026 $10M – $12M

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Sell
3 · 4 · 0
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
−9% Bearish
Price vs 50-day avg
−15% Bearish
RSI (14)
31 Neutral
MACD trend
Negative Bearish
52-week position
37% Neutral
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Bearish · 3 of 6
Trend (MA cross) No cross
50d $23 › 200d $21 — 50d above 200d
Institutional flow Distributing
3 of 297 funds reported for Sep 30 · net -94 sh shares
Insider flow Distributing
Net -$108.5K over 90 days · 100% sells
Short interest Rising
10.72% of float · ▲ +3.0% MoM · 12.0 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
297 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $14 Now $19 · 37% Range high $27
vs 200-day avg -9% vs 50-day avg -15%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

Versus peers

Biotechnology — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
DNLI
Denali Therapeutics Inc.
this stock
$3.25B +16.1% — — 10.7%
VRTX
Vertex Pharmaceuticals Inc / Ma
$133.37B +11.5% +46.2% 30.7 1.9%
MRNA
Moderna, Inc.
$78.44B +566.3% +4.3% — 8.2%
REGN
Regeneron Pharmaceuticals, Inc.
$76.40B -3.9% +20.8% 18.4 2.5%
CSLLY
Csl Ltd
$61.25B — — — 0.0%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Reducing
Holders
296
% held
98.5%
Reported
3 of 297
Top holder
T. Rowe Price Investment…
Held Float
View
Held by Funds
Fund positions
298
View
Short & Settlement
Short Interest Rising
Shares short
17.1M
Days to cover
12.0d
Change
+497.1K sh
View
Short Volume
Short vol %
54%
As of
Oct 7, 2026
Short Total
View
Fails to Deliver
FTD shares
39.9K
Value
$860.9K
As of
Sep 10, 2026
View
Off-Exchange
Off-exchange %
39.1%
Week of
Aug 31, 2026
Off-exch Lit
View
Smart Money
Insider Trades Net selling
Net (90d)
-$108.5K
Buyers / Sellers
0 / 2
Buyers Sellers
View
Financials
Financials
Revenue (FY)
$0
Net income (FY)
$-512.5M
EPS diluted
$-2.97
View
Filings
SEC Filings
Latest
8-K
Filed
Aug 6, 2026
This year
17
View
Proposed Sales
Value
$266.1K
Shares
11.4K
Filed
Sep 2, 2026
View
Exempt Offerings
Offering
$499.7M
Filed
Mar 1, 2024
View
Earnings & Events
Webcasts
Last webcast
Aug 6, 2026
View
Investor Relations
Latest news
Denali Therapeutics Reports Secon…
Published
Aug 6, 2026
View

Performance

5D 20D 120D MTD YTD
DNLI -7.3% -11.2% -7.5% -7.3% +16.1%
SPY +1.9% +1.9% +10.8% +1.9% +14.0%
vs SPY -9.2% -13.1% -18.3% -9.2% +2.1%
Key facts CIK 1714899 CUSIP 24823R105 13F (30d) 7 filings 7 filers Visit website Investor relations