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Zymeworks Inc. (ZYME) Stock Analysis

Range Bound setup

SellVALUE-TRAP 2/5Moderate Confidence

Healthcare · Biotechnology

Earnings in 7 days (2026-05-07). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Sell if holding. Engine safety override at $27.54: Quality below floor (2.2 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.1/10 and A.R:R 3.2:1 is above the 1.5:1 BUY gate. Specifically: Elevated put/call ratio: 10.00; Below-average business quality; Negative price momentum.

Zymeworks is a biotechnology company pursuing a royalty-driven asset aggregation strategy, with zanidatamab (Ziihera) approved for HER2+ biliary tract cancer and licensed to Jazz Pharmaceuticals and BeOne Medicines. Revenue comes from royalties and milestone payments; the... Read more

$27.54+26.7% A.UpsideScore 5.1/10#74 of 158 Biotechnology
Stop $25.60Target $34.87(analyst − 13%)A.R:R 3.2:1
Analyst target$40.08+45.5%13 analysts
$34.87our TP
$27.54price
$40.08mean
$58

Sell if holding. Engine safety override at $27.54: Quality below floor (2.2 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.1/10 and A.R:R 3.2:1 is above the 1.5:1 BUY gate. Specifically: Elevated put/call ratio: 10.00; Below-average business quality; Negative price momentum. Chart setup: RSI 59 mid-range, Bollinger mid-band. Score 5.1/10, moderate confidence.

Passes 5/7 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on weak momentum and earnings proximity 7d<=7d. Suitability: aggressive.

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Customer: Jazz, BeOne and J&J
Quality below floor (2.2 < 4.0)
Value-trap signals (2/5): Revenue declining (-8.2% YoY), High leverage (D/E 3.8)

Key Metrics

P/E (TTM)
P/E (Fwd)35.4
Mkt Cap$2.1B
EV/EBITDA-21.7
Profit Mgn-76.6%
ROE-26.7%
Rev Growth-91.9%
Beta1.20
DividendNone
Rating analysts20

Quality Signals

Piotroski F3/9

Options Flow

P/C10.00bearish
IV84%elevated
Max Pain$20-27.4% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHCustomerJazz, BeOne and J&J
    10-K Item 1A: 'We depend on our collaborative relationships with Jazz, BeOne and J&J to further develop and commercialize zanidatamab'

Material Events(8-K, last 90d)

  • 2026-04-01Item 5.02LOW
    Kristin Stafford appointed EVP and CFO effective April 1, 2026. Previously SVP/Chief Accounting Officer at Royalty Pharma plc. Clean handoff; no disagreement cited.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

4 floor-breakers·1 ceiling hit

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Growth Rank
0.6
Value Rank
2.6
Quality Rank
2.9

Unprofitable operations — net margin -76.6%. Quality floor flags this regardless of sector context.static

Roe
0.0
Roa
0.0
Net Margin
0.0
Fcf Quality
0.0
Piotroski F
3.3
Moat
5.0
Current Ratio
7.1
Cash-burning: FCF -12% of revenueNo competitive moatWeak Piotroski F-Score: 3/9Quality concerns

Risk profile below the gate floor. Component breakdown shows what dragged the score down.static

Put Call
0.0
Implied Vol
0.0
Debt Equity
0.0
Days To Cover
2.7
Volatility
2.8
Max Pain Risk
3.0
Short Interest
5.3
Beta
6.2
Elevated put/call: 10.00High IV: 84%Above max pain $20Concentration risks: 1 HIGH (10-K Item 1A — sized via position_sizing, validated via buy_confidence)

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Volume
0.0
Obv
1.0
Macd
2.3
Rsi
5.5
Ma Position
9.0
Volume distribution (falling OBV)Above 200-day MA
GatesMomentum 3.6<4.5EARNINGS PROXIMITY 7d<=7dA.R:R 3.2 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARRange BoundSuitability: Aggressive
RSI
59 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $25.22Resistance $29.75

Price Targets

$26
$35
A.Upside+26.6%
A.R:R3.2:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (2.2 < 4.0)
! Value-trap signals (2/5): Revenue declining (-8.2% YoY), High leverage (D/E 3.8)
! Momentum score 3.6/10 — below 4.5 minimum

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-05-07 (7d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is ZYME stock a buy right now?

Sell if holding. Engine safety override at $27.54: Quality below floor (2.2 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.1/10 and A.R:R 3.2:1 is above the 1.5:1 BUY gate. Specifically: Elevated put/call ratio: 10.00; Below-average business quality; Negative price momentum. Chart setup: RSI 59 mid-range, Bollinger mid-band. Prior stop was $25.60. Score 5.1/10, moderate confidence.

What is the ZYME stock price target?

Take-profit target: $34.87 (+26.7% upside). Prior stop was $25.60. Stop-loss: $25.60.

What are the risks of investing in ZYME?

Concentration risk — Customer: Jazz, BeOne and J&J; Quality below floor (2.2 < 4.0); Value-trap signals (2/5): Revenue declining (-8.2% YoY), High leverage (D/E 3.8).

Is ZYME overvalued or undervalued?

Zymeworks Inc. trades at a P/E of N/A (forward 35.4). TrendMatrix value score: 4.4/10. Verdict: Sell.

What do analysts say about ZYME?

20 analysts cover ZYME with a consensus score of 4.3/5. Average price target: $40.

What does Zymeworks Inc. do?Zymeworks is a biotechnology company pursuing a royalty-driven asset aggregation strategy, with zanidatamab (Ziihera)...

Zymeworks is a biotechnology company pursuing a royalty-driven asset aggregation strategy, with zanidatamab (Ziihera) approved for HER2+ biliary tract cancer and licensed to Jazz Pharmaceuticals and BeOne Medicines. Revenue comes from royalties and milestone payments; the company has incurred losses since inception and expects continued losses.

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