Oruka Therapeutics/$ORKA

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About Oruka Therapeutics

Oruka Therapeutics Inc a clinical-stage biopharmaceutical company focused on developing novel monoclonal antibody therapeutics for psoriasis (PsO) and other inflammatory and immunology (I&I) indications. Its programs are to treat and potentially modify disease by targeting mechanisms with efficacy and safety involved in disease pathology and the activity of pathogenic tissue-resident memory T cells (TRMs). Its program, ORKA-001, is designed to target the p19 subunit of interleukin-23 (IL-23p19) for the treatment of PsO. Its co-lead program, ORKA-002, is designed to target interleukin-17A and interleukin-17F (IL-17A/F) for the treatment of PsO, hidradenitis suppurativa (HS), psoriatic arthritis (PsA), and other conditions.
Ticker
$ORKA
Sector
Health
Primary listing
NASDAQ
Employees
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ORKA Metrics

BasicAdvanced
$6.2B
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-$1.84
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What the Analysts think about ORKA

Analyst ratings (Buy, Hold, Sell) for Oruka Therapeutics stock.
Analyst projections of the future price of Oruka Therapeutics stock.

Bulls say / Bears say

ORKA-001 achieved a 63.5% PASI 100 rate at Week 16 in the EVERLAST-A Phase 2a trial—surpassing other IL-23p19 inhibitors and driving a premarket share jump—highlighting potential best-in-class efficacy. (Reuters)
As of June 30, 2026, Oruka held $1.1 billion in cash, cash equivalents and marketable securities—providing runway through its anticipated BLA filing for ORKA-001 and lowering near-term financing risk. (SEC Filing)
The pipeline has broadened beyond ORKA-001 with EVERLAST-B now fully enrolled, initiation of ORCA-SPLASH in hidradenitis suppurativa, and ORKA-004 poised to enter the clinic in Q4 2026—ensuring multiple upcoming clinical catalysts. (Oruka Q2 2026 Press Release)
Fairmount Healthcare Fund II sold 3.55 million ORKA shares at $84.43 per share on July 1, 2026—reducing its stake and potentially signaling waning insider confidence in the stock. (SEC Form 4 Filing)
Oruka’s Q2 2026 net loss widened to $41.2 million with R&D expenses rising to $43.3 million—underscoring a high cash burn rate that may strain resources if timelines slip. (Oruka Q2 2026 Press Release)
Key ORKA-002 data from the ORCA-SURGE Phase 2 trial is now expected in Q1 2027, extending the catalyst drought and heightening execution risk for the co-lead program. (Oruka Q2 2026 Press Release)
Data summarised monthly by Lightyear AI. Last updated on 26 Aug 2026.

ORKA Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

ORKA Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise
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