OLMA
OLEMA PHARMA (OLMA)
NASDAQ
$10.63+$0.63 (+6.30%)
Price as of Jun 23, 2026 5:53 PM EDT
  • $873.5M
    Market Cap
  • 138.66%
    1-Year Change
  • Biotechnology
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 53
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

Olema Oncology Announces Clinical Trial Collaboration and Supply Agreement with Bayer to Evaluate OP-3136 in Combination with NUBEQA® (darolutamide) in Metastatic Castration-Resistant Prostate Cancer

Olema Oncology announced a clinical trial collaboration with Bayer to evaluate OP-3136, a KAT6 inhibitor, in combination with darolutamide in approximately 36 patients with metastatic castration-resistant prostate cancer. The Phase 1b/2 study is expected to initiate in H2 2026 and represents the first clinical collaboration for OP-3136. Olema will lead the study while maintaining full global commercial rights to OP-3136, with clinical data and inventions jointly owned.

05/26/2026, 7:00 AM • GlobeNewswire

Olema Oncology Announces Encouraging Initial Clinical Data from the Phase 1 Study of OP-3136, a KAT6 Inhibitor, at 2026 ASCO Annual Meeting

Olema Oncology announced positive Phase 1 clinical data for OP-3136, a KAT6 inhibitor, showing no dose-limiting toxicities, manageable adverse events, and tumor shrinkage in over two-thirds of evaluable patients across multiple solid tumor types. The company plans to continue development as monotherapy and in combination with other agents including palazestrant.

05/21/2026, 5:00 PM • GlobeNewswire

ESR1-Mutated Metastatic Breast Cancer Market Expected to Grow Rapidly at 9.6% CAGR During the Forecast Period (2026–2036) Due to the Emergence of Novel Oral SERDs and Targeted Agents | DelveInsight

The ESR1-mutated metastatic breast cancer market is projected to grow at 9.6% CAGR through 2036, driven by rising prevalence of endocrine-resistant HR-positive/HER2-negative breast cancer and adoption of precision oncology. Novel oral SERDs and targeted agents from major pharmaceutical companies are reshaping the treatment landscape. The market was valued at USD 1.5 billion in 2025, with the US representing the largest market share. Recent FDA approvals include VEPPANU (vepdegestrant), the first PROTAC therapy, while several emerging therapies are in clinical development.

05/20/2026, 1:00 PM • GlobeNewswire

Olema Oncology Reports Fourth Quarter and Full Year 2025 Financial and Operating Results

Olema Oncology reported strong execution in 2025 with advanced enrollment in pivotal Phase 3 trials for palazestrant (OPERA-01 and OPERA-02) in ER+/HER2- metastatic breast cancer. The company initiated a Phase 1b/2 study with Pfizer's atirmociclib and expects top-line OPERA-01 data in fall 2026. Olema raised $218.5 million in gross proceeds from a public offering, ending 2025 with $505.4 million in cash. The company is preparing for potential commercial launch in late 2027.

03/16/2026, 7:00 AM • GlobeNewswire

Olema Pharmaceuticals, Inc. Investigated on Behalf of Investors - Contact the DJS Law Group to Discuss Your Rights – OLMA

The DJS Law Group is investigating Olema Pharmaceuticals (NASDAQ: OLMA) for potential securities law violations, alleging the company issued misleading statements or failed to disclose material information. The investigation was triggered by an Investor's Business Daily report indicating that a failed Roche trial for an oral breast cancer medication raises concerns about Olema's competing medication. Following the news, Olema's stock fell more than 19.6% in morning trading on March 9, 2026.

03/09/2026, 1:57 PM • Benzinga

Olema Insider Sells $8 Million in Shares After 300% Stock Surge

Olema Pharmaceuticals board member Ian T. Clark sold approximately $7.9 million worth of shares (264,800 shares) on December 19, representing a complete exit from his direct equity holdings. The sale followed a 326.5% one-year stock surge driven by recent analyst upgrades and encouraging clinical trial updates. The company, focused on breast cancer therapies, has strengthened its balance sheet with a $218.5 million equity raise and maintains $329 million in cash runway into 2028.

01/09/2026, 11:08 AM • The Motley Fool

Olema Oncology Announces Proposed Public Offering of Common Stock and Pre-Funded Warrants

Olema Pharmaceuticals plans to launch a public offering of common stock or pre-funded warrants, with TD Cowen acting as book-running manager. The offering is subject to market conditions and regulatory approvals.

11/18/2025, 4:51 PM • GlobeNewswire

Pharma Bro Martin Shkreli Shorts Olema Pharmaceuticals Stock

Martin Shkreli announced shorting Olema Pharmaceuticals stock, criticizing the company's valuation in the SERD drug market. Despite Shkreli's stance, Olema's stock surged over 140% after positive phase 3 results from Roche's breast cancer study, with analysts raising price targets.

11/18/2025, 12:01 PM • Benzinga

Olema Oncology Announces New Data from the Phase 1b/2 Trial of Palazestrant Plus Ribociclib in ER+/HER2- Metastatic Breast Cancer at ESMO 2025

Olema Oncology presented promising Phase 1b/2 trial results showing palazestrant combined with ribociclib demonstrated encouraging progression-free survival and tolerability in ER+/HER2- metastatic breast cancer patients, supporting ongoing Phase 3 clinical trials.

10/18/2025, 3:00 AM • GlobeNewswire

Peers

Statistics

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Day Range
$9.46
$10.02
$10.00
1-Year Range
$4.19
$35.83
$10.00
Latest Close$10.00
Change
+$0.49 (+4.90%)
Volume2,548,272
Market Cap$873.5M
Shares Outstanding87.3M
P/E (TTM)-4.93
Diluted EPS (TTM)-$2.03
Enterprise Value$823.9M

Information as of 06/22/2026

Company Profile

OLEMA PHARMACEUTICALS INC
OLEMA PHARMACEUTICALS INC
https://olema.com
$873.5M
Market Cap
-$185.2M
Net Income
Sector: Healthcare
Industry: Biotechnology
780 Brannan Street, San Francisco, CA, United States, 94103
415 651 3316

Olema Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of therapies for women's cancers. The company's lead product candidate is palazestrant, an estrogen receptor (ER) antagonist and a selective ER degrader, which is in Phase 3 clinical trial for the treatment of recurrent, locally advanced, or metastatic ER-positive, human epidermal growth factor receptor 2-negative breast cancer; OPERA-01, the pivotal Phase 3 clinical trial of palazestrant as a monotherapy in second/third-line ER+/HER2- metastatic breast cancer; and palazestrant with CDK4/6 inhibitors, a phosphatidylinositol 3 kinase alpha (PI3Ka) inhibitor alpelisib, a mechanistic target of rapamycin inhibitor, and a CDK4 inhibitor that is in Phase 1b/2 clinical trial for the treatment of ER+/HER2- advanced or metastatic breast cancer. It also develops OP-3136, an orally-available small molecule that potently and selectively inhibits KAT6 which is in Phase 1 clinical trials for patients with breast and other solid tumor cancers. The company was formerly known as CombiThera, Inc. and changed its name to Olema Pharmaceuticals, Inc. in March 2009. Olema Pharmaceuticals, Inc. was incorporated in 2006 and is headquartered in San Francisco, California.

Key Executives

  • Sean Bohen
  • Shane William Charles Kovacs
  • Naseem Zojwalla
  • Shawnte Mitchell
  • David C. Myles

Current Ownership Distribution

  • Institutions999.3M (86.06%)
  • Mutual Funds139.5M (12.01%)
  • Insiders22.4M (1.93%)
  • Other0 (0.00%)