Whitehawk Therapeutics (WHWK)
Market Price (6/24/2026): $4.34 | Market Cap: $300.5 MilSector: Health Care | Industry: Biotechnology
Whitehawk Therapeutics (WHWK)
Market Price (6/24/2026): $4.34Market Cap: $300.5 MilSector: Health CareIndustry: Biotechnology
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -41% Megatrend and thematic driversMegatrends include Precision Medicine, and Aging Population & Chronic Disease. Themes include Biopharmaceutical R&D, Targeted Therapies, Show more. | Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is 0 Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -123 Mil Stock price has recently run up significantly12M Rtn12 month market price return is 124% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is null, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -19%, Rev Chg QQuarterly Revenue Change % is null Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -42% Key risksWHWK key risks include [1] reliance on successfully advancing its preclinical drug pipeline, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -41% |
| Megatrend and thematic driversMegatrends include Precision Medicine, and Aging Population & Chronic Disease. Themes include Biopharmaceutical R&D, Targeted Therapies, Show more. |
| Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is 0 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -123 Mil |
| Stock price has recently run up significantly12M Rtn12 month market price return is 124% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is null, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -19%, Rev Chg QQuarterly Revenue Change % is null |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -42% |
| Key risksWHWK key risks include [1] reliance on successfully advancing its preclinical drug pipeline, Show more. |
Qualitative Assessment
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Updated on 6/18/2026
Whitehawk Therapeutics (WHWK) stock has gained about 25% since 2/28/2026 because of the following key factors:
1. Advancement of Clinical Pipeline with Promising Preclinical Data.
Whitehawk Therapeutics significantly progressed its Antibody-Drug Conjugate (ADC) pipeline during the period. The company received IND clearance for HWK-007 and submitted an IND for HWK-016 in January 2026, with both programs actively recruiting patients for Phase 1 trials. Furthermore, Whitehawk plans to submit an IND for HWK-206 in mid-2026, targeting Phase 1 recruitment in fiscal Q3 2026. This progress was bolstered by the presentation of comprehensive preclinical data at the AACR 2026 Annual Meeting (April 17-22, 2026), which demonstrated potent tumor regressions, high plasma stability, and favorable tolerability across its ADC portfolio including HWK-007, HWK-016, and HWK-206. The company also expanded its ADC pipeline in May 2026 with a new option agreement for the CPT113 Linker-Payload for up to five additional programs.
2. Robust Financial Position and Strategic Equity Financing.
The company maintained a strong cash position, with $123.0 million in cash, cash equivalents, and short-term investments as of March 31, 2026, the end of fiscal Q1 2026, providing a projected operational runway into 2028. This financial stability was further enhanced by an $87.5 million private placement equity financing announced on May 12, 2026, which involved the issuance of common shares and pre-funded warrants. This significant capital infusion reduced immediate funding concerns and supported ongoing development efforts.
Show more
Whitehawk Therapeutics (WHWK) stock has gained about 25% since 2/28/2026 because of the following key factors:
1. Advancement of Clinical Pipeline with Promising Preclinical Data.
Whitehawk Therapeutics significantly progressed its Antibody-Drug Conjugate (ADC) pipeline during the period. The company received IND clearance for HWK-007 and submitted an IND for HWK-016 in January 2026, with both programs actively recruiting patients for Phase 1 trials. Furthermore, Whitehawk plans to submit an IND for HWK-206 in mid-2026, targeting Phase 1 recruitment in fiscal Q3 2026. This progress was bolstered by the presentation of comprehensive preclinical data at the AACR 2026 Annual Meeting (April 17-22, 2026), which demonstrated potent tumor regressions, high plasma stability, and favorable tolerability across its ADC portfolio including HWK-007, HWK-016, and HWK-206. The company also expanded its ADC pipeline in May 2026 with a new option agreement for the CPT113 Linker-Payload for up to five additional programs.
2. Robust Financial Position and Strategic Equity Financing.
The company maintained a strong cash position, with $123.0 million in cash, cash equivalents, and short-term investments as of March 31, 2026, the end of fiscal Q1 2026, providing a projected operational runway into 2028. This financial stability was further enhanced by an $87.5 million private placement equity financing announced on May 12, 2026, which involved the issuance of common shares and pre-funded warrants. This significant capital infusion reduced immediate funding concerns and supported ongoing development efforts.
Show more
Updated on 6/18/2026
Whitehawk Therapeutics (WHWK) stock has gained about 25% since 2/28/2026 because of the following key factors:
1. Advancement of Clinical Pipeline with Promising Preclinical Data.
Whitehawk Therapeutics significantly progressed its Antibody-Drug Conjugate (ADC) pipeline during the period. The company received IND clearance for HWK-007 and submitted an IND for HWK-016 in January 2026, with both programs actively recruiting patients for Phase 1 trials. Furthermore, Whitehawk plans to submit an IND for HWK-206 in mid-2026, targeting Phase 1 recruitment in fiscal Q3 2026. This progress was bolstered by the presentation of comprehensive preclinical data at the AACR 2026 Annual Meeting (April 17-22, 2026), which demonstrated potent tumor regressions, high plasma stability, and favorable tolerability across its ADC portfolio including HWK-007, HWK-016, and HWK-206. The company also expanded its ADC pipeline in May 2026 with a new option agreement for the CPT113 Linker-Payload for up to five additional programs.
2. Robust Financial Position and Strategic Equity Financing.
The company maintained a strong cash position, with $123.0 million in cash, cash equivalents, and short-term investments as of March 31, 2026, the end of fiscal Q1 2026, providing a projected operational runway into 2028. This financial stability was further enhanced by an $87.5 million private placement equity financing announced on May 12, 2026, which involved the issuance of common shares and pre-funded warrants. This significant capital infusion reduced immediate funding concerns and supported ongoing development efforts.
3. Positive Fiscal Q1 2026 Earnings Per Share Beat.
Whitehawk Therapeutics reported its fiscal Q1 2026 financial results on May 7, 2026, with an earnings per share (EPS) of -$0.32, which surpassed the consensus analyst estimate of -$0.3641 by 12.11%. This earnings surprise was met with a positive market reaction, as WHWK shares rose 14.03% following the announcement.
4. Favorable Analyst Sentiment and Elevated Price Targets.
Analysts covering Whitehawk Therapeutics consistently maintained a positive outlook, with a consensus rating ranging from "Buy" to "Strong Buy" from multiple firms. Average price targets were set between $7.33 and $7.50, implying a substantial potential upside of up to 75.44% from the stock's price around the period in question. Notably, Citizens reaffirmed its "Market Outperform" rating and an $8.00 price target for WHWK on April 16, 2026, and again on May 11, 2026, citing progress in the company's ADC pipeline.
Show less
Whitehawk Therapeutics (WHWK) stock has gained about 25% since 2/28/2026 because of the following key factors:
1. Advancement of Clinical Pipeline with Promising Preclinical Data.
Whitehawk Therapeutics significantly progressed its Antibody-Drug Conjugate (ADC) pipeline during the period. The company received IND clearance for HWK-007 and submitted an IND for HWK-016 in January 2026, with both programs actively recruiting patients for Phase 1 trials. Furthermore, Whitehawk plans to submit an IND for HWK-206 in mid-2026, targeting Phase 1 recruitment in fiscal Q3 2026. This progress was bolstered by the presentation of comprehensive preclinical data at the AACR 2026 Annual Meeting (April 17-22, 2026), which demonstrated potent tumor regressions, high plasma stability, and favorable tolerability across its ADC portfolio including HWK-007, HWK-016, and HWK-206. The company also expanded its ADC pipeline in May 2026 with a new option agreement for the CPT113 Linker-Payload for up to five additional programs.
2. Robust Financial Position and Strategic Equity Financing.
The company maintained a strong cash position, with $123.0 million in cash, cash equivalents, and short-term investments as of March 31, 2026, the end of fiscal Q1 2026, providing a projected operational runway into 2028. This financial stability was further enhanced by an $87.5 million private placement equity financing announced on May 12, 2026, which involved the issuance of common shares and pre-funded warrants. This significant capital infusion reduced immediate funding concerns and supported ongoing development efforts.
3. Positive Fiscal Q1 2026 Earnings Per Share Beat.
Whitehawk Therapeutics reported its fiscal Q1 2026 financial results on May 7, 2026, with an earnings per share (EPS) of -$0.32, which surpassed the consensus analyst estimate of -$0.3641 by 12.11%. This earnings surprise was met with a positive market reaction, as WHWK shares rose 14.03% following the announcement.
4. Favorable Analyst Sentiment and Elevated Price Targets.
Analysts covering Whitehawk Therapeutics consistently maintained a positive outlook, with a consensus rating ranging from "Buy" to "Strong Buy" from multiple firms. Average price targets were set between $7.33 and $7.50, implying a substantial potential upside of up to 75.44% from the stock's price around the period in question. Notably, Citizens reaffirmed its "Market Outperform" rating and an $8.00 price target for WHWK on April 16, 2026, and again on May 11, 2026, citing progress in the company's ADC pipeline.
Show less
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Stock Movement Drivers
Fundamental Drivers
The 24.5% change in WHWK stock from 2/28/2026 to 6/23/2026 was primarily driven by a 9.2233720368547763E17% change in the company's P/S Multiple.| (LTM values as of) | 2282026 | 6232026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.51 | 4.37 | 24.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 14 | 0 | |
| P/S Multiple | 16.9 | ∞ | 9.2233720368547763E17% |
| Shares Outstanding (Mil) | 69 | 69 | 0.0% |
| Cumulative Contribution | 0.0% |
Market Drivers
2/28/2026 to 6/23/2026| Return | Correlation | |
|---|---|---|
| WHWK | 24.5% | |
| Market (SPY) | 7.2% | 29.4% |
| Sector (XLV) | -4.6% | 20.2% |
Fundamental Drivers
The 86.8% change in WHWK stock from 11/30/2025 to 6/23/2026 was primarily driven by a 9.2233720368547763E17% change in the company's P/S Multiple.| (LTM values as of) | 11302025 | 6232026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.34 | 4.37 | 86.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 14 | 0 | |
| P/S Multiple | 11.3 | ∞ | 9.2233720368547763E17% |
| Shares Outstanding (Mil) | 69 | 69 | 0.0% |
| Cumulative Contribution | 0.0% |
Market Drivers
11/30/2025 to 6/23/2026| Return | Correlation | |
|---|---|---|
| WHWK | 86.8% | |
| Market (SPY) | 8.0% | 26.0% |
| Sector (XLV) | -2.7% | 15.1% |
Fundamental Drivers
The 158.6% change in WHWK stock from 5/31/2025 to 6/23/2026 was primarily driven by a 9.2233720368547763E17% change in the company's P/S Multiple.| (LTM values as of) | 5312025 | 6232026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.69 | 4.37 | 158.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 28 | 0 | |
| P/S Multiple | 2.4 | ∞ | 9.2233720368547763E17% |
| Shares Outstanding (Mil) | 40 | 69 | -42.7% |
| Cumulative Contribution | 0.0% |
Market Drivers
5/31/2025 to 6/23/2026| Return | Correlation | |
|---|---|---|
| WHWK | 158.6% | |
| Market (SPY) | 25.9% | 25.5% |
| Sector (XLV) | 16.8% | 17.9% |
Fundamental Drivers
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Market Drivers
5/31/2023 to 6/23/2026| Return | Correlation | |
|---|---|---|
| WHWK | ||
| Market (SPY) | 82.4% | 21.4% |
| Sector (XLV) | 25.1% | 15.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| WHWK Return | - | - | - | - | 20% | 84% | 121% |
| Peers Return | -50% | -63% | -18% | -16% | 77% | 7% | -76% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 9% | 99% |
Monthly Win Rates [3] | |||||||
| WHWK Win Rate | - | - | - | - | 60% | 67% | |
| Peers Win Rate | 35% | 37% | 45% | 43% | 48% | 50% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| WHWK Max Drawdown | - | - | - | - | - | -23% | |
| Peers Max Drawdown | -56% | -77% | -65% | -64% | -57% | -49% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ADCT, STRO, BOLT, ZYME, CTMX.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/23/2026 (YTD)
How Low Can It Go
WHWK has limited trading history. Below is the Health Care sector ETF (XLV) in its place.
| Event | XLV | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -11.7% | -18.8% |
| % Gain to Breakeven | 13.3% | 23.1% |
| Time to Breakeven | 142 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -13.8% | -24.5% |
| % Gain to Breakeven | 15.9% | 32.4% |
| Time to Breakeven | 166 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -27.9% | -33.7% |
| % Gain to Breakeven | 38.8% | 50.9% |
| Time to Breakeven | 77 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -15.0% | -19.2% |
| % Gain to Breakeven | 17.6% | 23.8% |
| Time to Breakeven | 191 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -15.9% | -12.2% |
| % Gain to Breakeven | 18.9% | 13.9% |
| Time to Breakeven | 165 days | 62 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -15.8% | -17.9% |
| % Gain to Breakeven | 18.8% | 21.8% |
| Time to Breakeven | 153 days | 123 days |
In The Past
State Street Health Care Select Sector SPDR ETF's stock fell -11.7% during the 2025 US Tariff Shock. Such a loss loss requires a 13.3% gain to breakeven.
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WHWK has limited trading history. Below is the Health Care sector ETF (XLV) in its place.
| Event | XLV | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -27.9% | -33.7% |
| % Gain to Breakeven | 38.8% | 50.9% |
| Time to Breakeven | 77 days | 140 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -37.9% | -53.4% |
| % Gain to Breakeven | 61.1% | 114.4% |
| Time to Breakeven | 767 days | 1085 days |
In The Past
State Street Health Care Select Sector SPDR ETF's stock fell -11.7% during the 2025 US Tariff Shock. Such a loss loss requires a 13.3% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Whitehawk Therapeutics (WHWK)
Whitehawk Therapeutics (WHWK) is a clinical-stage biopharmaceutical company focused on developing and commercializing precision therapies for specific types of cancer. The company specializes in addressing genetically defined cancers that have alterations in mTOR pathway genes. By targeting these specific genetic markers, Whitehawk aims to provide more precise and effective treatment options for patients.
The company's primary product and lead drug candidate is FYARRO, which is a unique formulation of sirolimus bound to albumin. FYARRO is currently undergoing evaluation for its efficacy in treating various cancers. This includes cancers with known mTOR pathway activation, as well as tumor-agnostic indications that target specific genomic alterations responsible for activating the mTOR pathway.
Whitehawk Therapeutics serves the oncology market, with a focus on patients suffering from genetically defined cancers. Its primary customers are those with cancers exhibiting mTOR pathway gene alterations, offering a specialized approach to cancer treatment based on a deep understanding of genetic pathways involved in disease progression.
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Whitehawk Therapeutics (symbol: WHWK), which operates as Aadi Bioscience, Inc., is a clinical-stage biopharmaceutical company focused on developing and commercializing precision therapies for genetically defined cancers, including its lead drug candidate FYARRO. As a pharmaceutical manufacturer, the company's primary customers are other companies within the healthcare supply chain rather than individual patients directly.
Its major customers typically include:
- Pharmaceutical Wholesalers: These large distributors purchase drugs directly from manufacturers and subsequently distribute them to hospitals, pharmacies, and other healthcare providers. Key players in this sector that frequently serve as major customers for pharmaceutical companies include:
- Hospitals and Cancer Treatment Centers: These healthcare institutions administer specialized drugs like FYARRO to patients as part of their inpatient or outpatient treatment regimens.
- Specialty Pharmacies: Given the complex nature, specific handling requirements, and high cost often associated with oncology drugs, Aadi Bioscience may also sell to or partner with specialty pharmacies that focus on dispensing and providing support for such medications.
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- Accord BioPharma, Inc.
- Lonza Group Ltd (LONN)
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The key risks to Whitehawk Therapeutics (WHWK), a clinical-stage biopharmaceutical company focused on developing antibody-drug conjugates (ADCs), primarily revolve around the inherent challenges of drug development in the oncology sector.
- Clinical Development and Regulatory Risks: As a clinical-stage company, Whitehawk Therapeutics faces significant uncertainties in the development and approval of its ADC portfolio. Risks include potential delays in the commencement, enrollment, and completion of clinical trials, as well as the possibility of failing to demonstrate the efficacy of its ADC assets in preclinical and clinical studies. There is also the risk of unforeseen adverse reactions or side effects occurring during testing. Regulatory bodies, such as the U.S. FDA, maintain stringent standards for ADC safety, efficacy, and quality control, demanding substantial improvements in patient survival or quality of life for drug approval.
- Manufacturing Complexity and High Costs: The development and production of ADCs are complex, multi-step processes involving antibody production, drug synthesis, and conjugation reactions. This complexity elevates the risk of product loss, contamination, and drives higher production costs. The overall expense associated with developing and manufacturing ADC therapies can be a barrier to profitability, and the high cost of ADC treatment regimens themselves can limit market access.
- Competition and Intellectual Property Risks: Whitehawk Therapeutics operates within a highly competitive oncology and ADC market. Successfully bringing an ADC to market requires not only demonstrating efficacy and safety but also navigating a crowded landscape of existing and pipeline therapies. Furthermore, the company must effectively manage complex intellectual property issues, including patenting its antibodies, linkers, and cytotoxic agents, to avoid infringement and protect its proprietary technologies.
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Whitehawk Therapeutics, Inc. (Nasdaq: WHWK), formerly known as Aadi Bioscience, Inc., has undergone a strategic transformation. The company divested its FYARRO business to KAKEN Pharmaceutical and is now focused on developing a portfolio of antibody-drug conjugates (ADCs).
The main products for Whitehawk Therapeutics are now its three preclinical ADC programs, HWK-007, HWK-016, and HWK-206, which are being developed for various cancers, including lung and ovarian cancers and neuroendocrine tumors.
Information regarding the specific addressable market sizes for Whitehawk Therapeutics' current ADC product pipeline in lung, ovarian, and neuroendocrine cancers is not readily available in the provided search results. Therefore, the addressable markets for their main products or services cannot be sized based on the provided information.
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Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Whitehawk Therapeutics Earnings Notes | 12/16/2025 | |
| Is Whitehawk Therapeutics Stock Built to Withstand a Pullback? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 4.32 |
| Mkt Cap | 0.3 |
| Rev LTM | 57 |
| Op Inc LTM | -96 |
| FCF LTM | -94 |
| FCF 3Y Avg | -81 |
| CFO LTM | -94 |
| CFO 3Y Avg | -79 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -4.3% |
| Rev Chg 3Y Avg | 1.3% |
| Rev Chg Q | -85.5% |
| QoQ Delta Rev Chg LTM | -19.4% |
| Op Inc Chg LTM | 5.2% |
| Op Inc Chg 3Y Avg | -2.9% |
| Op Mgn LTM | -140.2% |
| Op Mgn 3Y Avg | -170.7% |
| QoQ Delta Op Mgn LTM | -13.4% |
| CFO/Rev LTM | -152.2% |
| CFO/Rev 3Y Avg | -173.4% |
| FCF/Rev LTM | -152.7% |
| FCF/Rev 3Y Avg | -176.3% |
Price Behavior
Price Behavior
| Market Price | $4.37 | |
| Market Cap ($ Bil) | 0.3 | |
| First Trading Date | 08/08/2017 | |
| Distance from 52W High | -14.3% | |
| 50 Days | 200 Days | |
| DMA Price | $4.24 | $1.88 |
| DMA Trend | up | up |
| Distance from DMA | 3.1% | 132.8% |
| 3M | 1YR | |
| Volatility | 86.0% | 78.4% |
| Downside Capture | 209.81 | 109.77 |
| Upside Capture | 194.77 | 178.63 |
| Correlation (SPY) | 32.9% | 24.3% |
WHWK Betas & Captures as of 5/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 4.51 | 2.31 | 1.79 | 1.59 | 1.69 | -0.18 |
| Up Beta | 0.61 | -0.22 | 1.00 | 1.31 | 2.03 | 0.41 |
| Down Beta | 4.66 | 3.23 | 1.22 | 1.78 | 1.58 | -0.07 |
| Up Capture | 536% | 364% | 294% | 310% | 333% | 39% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 11 | 19 | 28 | 61 | 125 | 146 |
| Down Capture | 666% | 527% | 190% | 88% | 110% | 74% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 8 | 21 | 32 | 58 | 112 | 139 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WHWK | |
|---|---|---|---|---|
| WHWK | 99.1% | 78.6% | 1.21 | - |
| Sector ETF (XLV) | 16.9% | 15.1% | 0.83 | 17.7% |
| Equity (SPY) | 24.6% | 12.5% | 1.48 | 24.8% |
| Gold (GLD) | 21.8% | 27.6% | 0.70 | 12.0% |
| Commodities (DBC) | 16.7% | 18.8% | 0.69 | -1.3% |
| Real Estate (VNQ) | 12.3% | 13.8% | 0.60 | 11.6% |
| Bitcoin (BTCUSD) | -38.0% | 42.5% | -1.01 | 14.4% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WHWK | |
|---|---|---|---|---|
| WHWK | 15.5% | 75.9% | 1.07 | - |
| Sector ETF (XLV) | 5.8% | 14.8% | 0.21 | 16.0% |
| Equity (SPY) | 13.1% | 17.1% | 0.59 | 21.7% |
| Gold (GLD) | 16.8% | 18.3% | 0.74 | 6.9% |
| Commodities (DBC) | 7.3% | 19.4% | 0.28 | 0.8% |
| Real Estate (VNQ) | 2.4% | 18.9% | 0.03 | 14.1% |
| Bitcoin (BTCUSD) | 9.7% | 54.1% | 0.38 | 16.8% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WHWK | |
|---|---|---|---|---|
| WHWK | 7.5% | 75.9% | 1.07 | - |
| Sector ETF (XLV) | 9.8% | 16.6% | 0.48 | 16.0% |
| Equity (SPY) | 15.3% | 18.0% | 0.73 | 21.7% |
| Gold (GLD) | 11.9% | 16.1% | 0.61 | 6.9% |
| Commodities (DBC) | 5.9% | 18.0% | 0.25 | 0.8% |
| Real Estate (VNQ) | 5.5% | 20.7% | 0.23 | 14.1% |
| Bitcoin (BTCUSD) | 57.0% | 66.5% | 0.97 | 16.8% |
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Returns Analyses
Earnings Returns History
Updated 6/12/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/7/2026 | -5.1% | 18.8% | 0.0% |
| 3/12/2026 | -2.7% | -5.0% | -15.5% |
| 11/6/2025 | -6.7% | -0.9% | 6.2% |
| 8/7/2025 | -4.4% | -5.0% | 1.1% |
| 5/8/2025 | 3.7% | 3.0% | 19.5% |
| SUMMARY STATS | |||
| # Positive | 1 | 2 | 4 |
| # Negative | 4 | 3 | 1 |
| Median Positive | 3.7% | 10.9% | 3.7% |
| Median Negative | -4.8% | -5.0% | -15.5% |
| Max Positive | 3.7% | 18.8% | 19.5% |
| Max Negative | -6.7% | -5.0% | -15.5% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/7/2026 | -5.1% | 18.8% | 0.0% |
| 3/12/2026 | -2.7% | -5.0% | -15.5% |
| 11/6/2025 | -6.7% | -0.9% | 6.2% |
| 8/7/2025 | -4.4% | -5.0% | 1.1% |
| 5/8/2025 | 3.7% | 3.0% | 19.5% |
| SUMMARY STATS | |||
| # Positive | 1 | 2 | 4 |
| # Negative | 4 | 3 | 1 |
| Median Positive | 3.7% | 10.9% | 3.7% |
| Median Negative | -4.8% | -5.0% | -15.5% |
| Max Positive | 3.7% | 18.8% | 19.5% |
| Max Negative | -6.7% | -5.0% | -15.5% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 03/12/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 03/28/2025 | 10-K |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 03/13/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 03/29/2023 | 10-K |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/10/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 03/12/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 03/28/2025 | 10-K |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 03/13/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 03/29/2023 | 10-K |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/10/2022 | 10-Q |
| 03/31/2022 | 05/12/2022 | 10-Q |
| 12/31/2021 | 03/17/2022 | 10-K |
| 09/30/2021 | 11/10/2021 | 10-Q |
Recent Forward Guidance
Updated 6/1/2026Latest: Q1 2026 Earnings Reported 5/7/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q3 2026 Phase 1 Recruitment Start for HWK-206 | |||||||
| 2026 IND Submission for HWK-206 | |||||||
| 2027 Initial Phase 1 Results for HWK-007 and HWK-016 | |||||||
Insider Activity
Updated 6/15/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Giacobello, Scott M | CHIEF FINANCIAL OFFICER | Direct | Sell | 4172026 | 4.13 | 141,600 | 584,808 | 1,219,275 | Form |
| 2 | Giacobello, Scott M | CHIEF FINANCIAL OFFICER | Direct | Sell | 4172026 | 3.86 | 77,000 | 297,220 | 1,686,141 | Form |
| 3 | Ball, Bryan | See remarks | Direct | Sell | 4152026 | 3.64 | 92,460 | 336,554 | 1,445,466 | Form |
| 4 | Ball, Bryan | See remarks | Direct | Sell | 4152026 | 3.46 | 26,389 | 91,306 | 1,693,898 | Form |
| 5 | Ball, Bryan | See remarks | Direct | Sell | 4132026 | 3.43 | 6,596 | 22,624 | 1,769,726 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Giacobello, Scott M | CHIEF FINANCIAL OFFICER | Direct | Sell | 4172026 | 4.13 | 141,600 | 584,808 | 1,219,275 | Form |
| 2 | Giacobello, Scott M | CHIEF FINANCIAL OFFICER | Direct | Sell | 4172026 | 3.86 | 77,000 | 297,220 | 1,686,141 | Form |
| 3 | Ball, Bryan | See remarks | Direct | Sell | 4152026 | 3.64 | 92,460 | 336,554 | 1,445,466 | Form |
| 4 | Ball, Bryan | See remarks | Direct | Sell | 4152026 | 3.46 | 26,389 | 91,306 | 1,693,898 | Form |
| 5 | Ball, Bryan | See remarks | Direct | Sell | 4132026 | 3.43 | 6,596 | 22,624 | 1,769,726 | Form |
| 6 | Ball, Bryan | See remarks | Direct | Sell | 4132026 | 3.57 | 50,000 | 178,500 | 1,865,507 | Form |
| 7 | Lennon, David James | CHIEF EXECUTIVE OFFICER | Direct | Sell | 4102026 | 3.38 | 14,500 | 49,010 | 1,752,942 | Form |
| 8 | Lennon, David James | CHIEF EXECUTIVE OFFICER | Direct | Sell | 4082026 | 3.40 | 63,945 | 217,413 | 1,812,615 | Form |
| 9 | Lennon, David James | CHIEF EXECUTIVE OFFICER | Direct | Sell | 4082026 | 3.43 | 94,087 | 322,718 | 2,047,940 | Form |
| 10 | Lennon, David James | CHIEF EXECUTIVE OFFICER | Direct | Sell | 4082026 | 3.51 | 102,395 | 359,406 | 2,425,951 | Form |
| 11 | Lennon, David James | CHIEF EXECUTIVE OFFICER | Direct | Sell | 4032026 | 3.48 | 26,858 | 93,466 | 2,761,551 | Form |
| 12 | Lennon, David James | CHIEF EXECUTIVE OFFICER | Direct | Sell | 3102026 | 3.31 | 5,100 | 16,879 | 147,539 | Form |
| 13 | Giacobello, Scott M | CHIEF FINANCIAL OFFICER | Direct | Sell | 3102026 | 3.31 | 2,594 | 8,585 | 93,000 | Form |
| 14 | Ball, Bryan | See remarks | Direct | Sell | 3102026 | 3.31 | 1,834 | 6,070 | 681,840 | Form |
Industry Resources
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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Core Cache Last Updated: 6/23/2026