KALV Chart
About

KalVista Pharmaceuticals, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of drug therapies inhibitors for diseases with unmet needs. The company's product candidate is EKTERLY, a small molecule plasma kallikrein inhibitor targeting the disease of hereditary angioedema (HAE). It develops Factor XIIa, an oral inhibitor for the treatment of HAE which is in preclinical trial. In addition, the company is developing an orally disintegrating tablet formulation, including KONFIDENT-KID for pediatric use with HAE; KONFIDENT-S for adolescent and adult patients with type I or type II HAE; and KONFIDENT for a potential oral therapy for HAE attacks. KalVista Pharmaceuticals, Inc. is headquartered in Framingham, Massachusetts.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 797.12M
Enterprise Value 770.54M Income -203.10M Sales 1.43M
Book/sh 0.34 Cash/sh 6.12 Dividend Yield —
Payout 0.00% Employees 270 IPO —
P/E — Forward P/E -10.82 PEG —
P/S 558.99 P/B 46.93 P/C —
EV/EBITDA -3.82 EV/Sales 540.35 Quick Ratio 5.16
Current Ratio 5.37 Debt/Eq 1662.33 LT Debt/Eq —
EPS (ttm) -3.94 EPS next Y -1.46 EPS Growth —
Revenue Growth — Earnings 2026-03-24 ROA -60.98%
ROE -190.18% ROIC — Gross Margin 0.00%
Oper. Margin -3.36% Profit Margin 0.00% Shs Outstand 50.55M
Shs Float 27.28M Short Float 44.66% Short Ratio 15.62
Short Interest — 52W High 19.00 52W Low 9.23
Beta -0.35 Avg Volume 1.15M Volume 730.42K
Target Price $34.00 Recom Strong_buy Prev Close $15.56
Price $15.77 Change 1.35%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$34.00
Mean price target
2. Current target
$15.77
Latest analyst target
3. DCF / Fair value
$-35.68
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$15.77
Low
$22.00
High
$39.00
Mean
$34.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-09 main HC Wainwright & Co. Buy → Buy $37
2026-01-09 main Needham Buy → Buy $35
2026-01-06 main Needham Buy → Buy $32
2025-12-04 reit Needham Buy → Buy $28
2025-11-11 main Citizens Market Outperform → Market Outperform $28
2025-09-12 reit Needham Buy → Buy $28
2025-09-12 main JMP Securities Market Outperform → Market Outperform $28
2025-07-11 reit HC Wainwright & Co. Buy → Buy $27
2025-07-08 main JMP Securities Market Outperform → Market Outperform $27
2025-07-08 main HC Wainwright & Co. Buy → Buy $27
2025-07-07 main Leerink Partners Outperform → Outperform $20
2025-04-08 reit Needham Buy → Buy $28
2025-03-26 reit Needham Buy → Buy $28
2025-03-26 reit Citizens Capital Markets Market Outperform → Market Outperform $19
2025-03-26 main Jones Trading Buy → Buy $30
2025-03-14 reit HC Wainwright & Co. Buy → Buy $20
2025-03-13 reit Needham Buy → Buy $28
2025-03-03 reit Citizens Capital Markets Market Outperform → Market Outperform $19
2025-01-31 init JMP Securities — → Market Outperform $19
2025-01-07 init TD Cowen — → Buy $30
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 1109 16635.0 — Sale at price 15.00 per share. YEA CHRISTOPHER M Officer — 2026-02-18 00:00:00 D
1 1163 17445.0 — Sale at price 15.00 per share. AUDHYA PAUL K Officer — 2026-02-18 00:00:00 D
2 1038 15570.0 — Sale at price 15.00 per share. PALLEIKO BENJAMIN L Chief Executive Officer — 2026-02-18 00:00:00 D
3 1774 nan — — YEA CHRISTOPHER M Officer — 2026-02-17 00:00:00 D
4 2419 nan — — AUDHYA PAUL K Officer — 2026-02-17 00:00:00 D
5 2419 nan — — PALLEIKO BENJAMIN L Chief Executive Officer — 2026-02-17 00:00:00 D
6 3354 52658.0 — Sale at price 15.70 per share. PALLEIKO BENJAMIN L Chief Executive Officer — 2026-02-12 00:00:00 D
7 7120 nan — — PALLEIKO BENJAMIN L Chief Executive Officer — 2026-02-11 00:00:00 D
8 7294 120424.0 — Sale at price 16.51 per share. PALLEIKO BENJAMIN L Chief Executive Officer — 2025-12-08 00:00:00 D
9 15625 nan — — PALLEIKO BENJAMIN L Chief Executive Officer — 2025-12-05 00:00:00 D
Financials
Line Item2025-04-302024-04-302023-04-302022-04-30
TaxEffectOfUnusualItems479.22K0.000.000.00
TaxRateForCalcs0.210.000.000.00
NormalizedEBITDA-175.61M-127.29M-94.32M-78.63M
TotalUnusualItems2.28M1.46M-49.00K-2.12M
TotalUnusualItemsExcludingGoodwill2.28M1.46M-49.00K-2.12M
NetIncomeFromContinuingOperationNetMinorityInterest-183.44M-126.64M-92.91M-82.34M
ReconciledDepreciation941.00K816.00K718.00K564.00K
EBITDA-173.33M-125.83M-94.37M-80.75M
EBIT-174.27M-126.64M-95.09M-81.31M
NetInterestIncome650.00K3.90M2.23M1.09M
InterestExpense5.79M0.00
InterestIncome6.43M3.90M2.23M1.09M
NormalizedIncome-185.25M-128.11M-92.86M-80.22M
NetIncomeFromContinuingAndDiscontinuedOperation-183.44M-126.64M-92.91M-82.34M
TotalExpenses182.98M131.99M95.09M81.31M
TotalOperatingIncomeAsReported-188.00M-140.44M-110.87M-96.61M
DilutedAverageShares49.65M36.79M27.89M24.47M
BasicAverageShares49.65M36.79M27.89M24.47M
DilutedEPS-3.69-3.44-3.33-3.36
BasicEPS-3.69-3.44-3.33-3.36
DilutedNIAvailtoComStockholders-183.44M-126.64M-92.91M-82.34M
NetIncomeCommonStockholders-183.44M-126.64M-92.91M-82.34M
NetIncome-183.44M-126.64M-92.91M-82.34M
NetIncomeIncludingNoncontrollingInterests-183.44M-126.64M-92.91M-82.34M
NetIncomeContinuousOperations-183.44M-126.64M-92.91M-82.34M
TaxProvision3.39M0.000.000.00
PretaxIncome-180.05M-126.64M-92.91M-82.34M
OtherIncomeExpense2.28M1.45M-53.00K-2.12M
OtherNonOperatingIncomeExpenses-3.00K-10.00K-4.00K-1.00K
GainOnSaleOfSecurity2.28M1.46M-49.00K-2.12M
NetNonOperatingInterestIncomeExpense650.00K3.90M2.23M1.09M
InterestExpenseNonOperating5.79M0.00
InterestIncomeNonOperating6.43M3.90M2.23M1.09M
OperatingIncome-182.98M-131.99M-95.09M-81.31M
OperatingExpense182.98M131.99M95.09M81.31M
OtherTaxes-5.01M-8.45M-15.79M-15.30M
ResearchAndDevelopment71.71M86.17M80.28M70.17M
SellingGeneralAndAdministration116.29M54.28M30.59M26.45M
GeneralAndAdministrativeExpense116.29M54.28M30.59M26.45M
OtherGandA116.29M54.28M30.59M26.45M
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2024-04-30
TreasurySharesNumber0.00
OrdinarySharesNumber49.76M42.52M34.17M24.55M
ShareIssued49.76M42.52M34.17M24.55M
TotalDebt6.31M7.32M8.23M8.19M
TangibleBookValue95.39M206.58M161.03M185.09M
InvestedCapital95.39M206.58M161.03M185.09M
WorkingCapital196.52M202.88M157.29M182.07M
NetTangibleAssets95.39M206.58M161.03M185.09M
CapitalLeaseObligations6.31M7.32M8.23M8.19M
CommonStockEquity95.39M206.58M161.03M185.09M
TotalCapitalization95.39M206.58M161.03M185.09M
TotalEquityGrossMinorityInterest95.39M206.58M161.03M185.09M
StockholdersEquity95.39M206.58M161.03M185.09M
GainsLossesNotAffectingRetainedEarnings-5.21M-3.49M-3.06M-3.86M
OtherEquityAdjustments-5.21M-3.49M-3.06M
RetainedEarnings-653.17M-469.73M-343.08M-250.18M
AdditionalPaidInCapital753.73M679.75M507.13M439.10M
CapitalStock50.00K42.00K34.00K25.00K
CommonStock50.00K42.00K34.00K25.00K
TotalLiabilitiesNetMinorityInterest155.38M28.82M22.18M18.79M
TotalNonCurrentLiabilitiesNetMinorityInterest110.21M6.01M7.14M7.21M
NonCurrentDeferredLiabilities105.88M0.00
LongTermDebtAndCapitalLeaseObligation4.33M6.01M7.14M7.21M
LongTermCapitalLeaseObligation4.33M6.01M7.14M7.21M
CurrentLiabilities45.17M22.81M15.03M11.58M
CurrentDeferredLiabilities11.00M0.00
CurrentDeferredRevenue11.00M0.00
CurrentDebtAndCapitalLeaseObligation1.98M1.30M1.09M977.00K
CurrentCapitalLeaseObligation1.98M1.30M1.09M977.00K
PensionandOtherPostRetirementBenefitPlansCurrent16.12M6.69M4.21M4.17M
PayablesAndAccruedExpenses16.07M14.82M9.74M6.43M
CurrentAccruedExpenses11.18M5.71M4.92M2.79M
Payables4.88M9.11M4.82M3.64M
AccountsPayable4.88M9.11M4.82M3.64M
TotalAssets250.77M235.40M183.20M203.88M
TotalNonCurrentAssets9.08M9.71M10.88M10.23M
OtherNonCurrentAssets1.55M567.00K106.00K193.00K
NetPPE7.53M9.15M10.77M10.04M
AccumulatedDepreciation-4.75M-3.71M-2.96M-2.42M
GrossPPE12.28M12.86M13.73M12.46M
Leases3.09M2.86M2.85M2.00M
OtherProperties8.20M9.33M10.23M10.02M
MachineryFurnitureEquipment984.00K671.00K647.00K447.00K
Properties0.000.000.000.00
CurrentAssets241.69M225.69M172.33M193.65M
OtherCurrentAssets4.92M
PrepaidAssets5.93M4.42M4.31M10.64M
Receivables15.14M10.87M18.64M16.81M
OtherReceivables11.00M
TaxesReceivable2.31M9.46M17.99M15.92M
AccruedInterestReceivable1.83M1.41M654.00K888.00K
CashCashEquivalentsAndShortTermInvestments220.62M210.40M149.38M166.20M
OtherShortTermInvestments89.00M178.61M93.14M135.47M
CashAndCashEquivalents131.62M31.79M56.24M30.73M
Line Item2025-04-302024-04-302023-04-302022-04-30
FreeCashFlow-153.84M-89.67M-76.46M-79.06M
RepaymentOfDebt0.000.00
IssuanceOfCapitalStock55.91M96.94M56.58M0.00
CapitalExpenditure-929.00K-443.00K-1.20M-931.00K
EndCashPosition132.27M31.79M56.24M30.73M
BeginningCashPosition31.79M56.24M30.73M50.59M
EffectOfExchangeRateChanges2.64M-1.21M1.24M-1.17M
ChangesInCash97.84M-23.24M24.27M-18.69M
FinancingCashFlow159.73M150.71M58.12M1.58M
CashFlowFromContinuingFinancingActivities159.73M150.71M58.12M1.58M
NetOtherFinancingCharges98.04M
ProceedsFromStockOptionExercised5.78M53.77M1.53M1.58M
NetCommonStockIssuance55.91M96.94M56.58M0.00
CommonStockIssuance55.91M96.94M56.58M0.00
NetIssuancePaymentsOfDebt0.000.00
NetLongTermDebtIssuance0.000.00
LongTermDebtPayments0.000.00
InvestingCashFlow91.02M-84.72M41.41M57.86M
CashFlowFromContinuingInvestingActivities91.02M-84.72M41.41M57.86M
NetInvestmentPurchaseAndSale91.95M-84.28M42.61M58.79M
SaleOfInvestment122.52M104.95M140.86M195.71M
PurchaseOfInvestment-30.57M-189.23M-98.25M-136.92M
NetPPEPurchaseAndSale-434.00K-42.00K-1.20M-931.00K
PurchaseOfPPE-434.00K-42.00K-1.20M-931.00K
CapitalExpenditureReported-495.00K-401.00K0.000.00
OperatingCashFlow-152.91M-89.23M-75.26M-78.13M
CashFlowFromContinuingOperatingActivities-152.91M-89.23M-75.26M-78.13M
ChangeInWorkingCapital15.04M15.17M7.41M-12.32M
ChangeInOtherWorkingCapital10.56M
ChangeInOtherCurrentAssets-22.00K
ChangeInPayablesAndAccruedExpense9.46M7.53M3.04M2.16M
ChangeInAccruedExpense14.43M3.21M1.93M472.00K
ChangeInPayable-4.97M4.32M1.11M1.69M
ChangeInAccountPayable-4.97M4.32M1.11M1.69M
ChangeInPrepaidAssets-1.36M-538.00K6.69M-9.28M
ChangeInReceivables-3.62M8.18M-2.32M-5.20M
OtherNonCashItems6.24M-12.00K84.00K179.00K
StockBasedCompensation12.29M21.91M9.92M11.09M
AmortizationOfSecurities14.00K92.00K988.00K2.56M
DepreciationAmortizationDepletion941.00K816.00K718.00K564.00K
DepreciationAndAmortization941.00K816.00K718.00K564.00K
OperatingGainsLosses-3.99M-565.00K-1.48M2.13M
GainLossOnInvestmentSecurities189.00K-1.32M139.00K581.00K
NetForeignCurrencyExchangeGainLoss-4.17M760.00K-1.62M1.55M
NetIncomeFromContinuingOperations-183.44M-126.64M-92.91M-82.34M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for KALV
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