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GKOS

NEUTRAL
$122.07 Live
Glaukos Corporation · NYSE
Target $138.92 (+13.8%)
$73.16 52W Range $130.23

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 28, 2026
Market cap
$7.14B
P/E
N/A
ROE
-26.4%
Profit margin
-37.0%
Debt/Equity
0.16
Dividend yield
N/A

AI Analysis

AI-powered fundamental assessment

Confidence
80%
GKOS presents a dichotomy between strong operational growth and extreme valuation. The Piotroski F-Score of 5/9 indicates a stable financial foundation, supported by an exceptional current ratio of 4.69 and very low debt/equity (0.16). However, the company remains unprofitable with a negative profit margin of -36.99% and a staggering forward P/E of 282.75. While revenue growth is robust at 35.7%, the bearish insider sentiment and weak technical trend suggest a disconnect between analyst optimism and internal confidence.

Key Strengths

Strong revenue growth (35.7% YoY)
Excellent liquidity with a current ratio of 4.69
High gross margins (77.96%) indicating strong product pricing power
Very low leverage (Debt/Equity 0.16)
Strong analyst consensus (Strong Buy) with a target price of $138.92

Key Risks

Extreme valuation metrics (Forward P/E 282.75, P/S 14.08)
Persistent lack of profitability over 25 consecutive quarters
Bearish insider activity with $6.41M in sales and zero buys
Negative technical trend (10/100)
High Price-to-Book ratio (10.70) suggesting significant premium over assets
AI Fair Value Estimate
Based on comprehensive analysis
$115.0
-5.8% below current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
44
Moderate
Value
15
Future
85
Past
40
Health
80
Dividend
0
AI Verdict
Speculative Growth
Key drivers: Revenue Growth, Balance Sheet Strength, Valuation Premium
Confidence
85%
Value
15/100

Stock trades at a massive premium; Graham Number is not applicable due to lack of earnings.

Positives
No standout positives identified.
Watchpoints
  • Forward P/E of 282.75
  • P/S of 14.08
  • P/B of 10.70
Future
85/100

Growth rates are significantly higher than sector averages.

Positives
  • 35.7% YoY Revenue Growth
  • Strong Q/Q growth trajectory
  • High gross margins
Watchpoints
  • Uncertainty on timeline to net profitability
Past
40/100

Historical trend shows a company scaling revenue but failing to capture bottom-line profit.

Positives
  • Consistent revenue expansion
  • Improving EPS surprises in recent quarters
Watchpoints
  • 25 quarters of negative earnings
Health
80/100

Balance sheet is very healthy, mitigating bankruptcy risk despite losses.

Positives
  • Piotroski F-Score 5/9
  • Low Debt/Equity (0.16)
  • High Quick Ratio (3.83)
Watchpoints
  • Negative ROE and ROA
Dividend
0/100

Growth-stage company reinvesting all capital.

Positives
No standout positives identified.
Watchpoints
  • No dividend payments
  • 0% payout ratio

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$122.07
Analyst Target
$138.92
Upside/Downside
+13.8%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for GKOS and closest competitors.

Updated 2026-04-27
GKO
Glaukos Corporation
Primary
5Y
+24.9%
3Y
+156.9%
1Y
+30.1%
6M
+61.3%
1M
+18.3%
1W
-2.0%
KYM
Kymera Therapeutics, Inc.
Peer
5Y
+170.6%
3Y
+171.2%
1Y
+279.7%
6M
+48.7%
1M
+4.3%
1W
-0.4%
IBR
ImmunityBio, Inc.
Peer
5Y
-54.8%
3Y
+372.7%
1Y
+195.9%
6M
+208.5%
1M
-12.0%
1W
-0.3%
PTG
Protagonist Therapeutics, Inc.
Peer
5Y
+306.1%
3Y
+356.6%
1Y
+129.0%
6M
+36.8%
1M
+9.2%
1W
+7.2%
GRF
Grifols, S.A.
Peer
5Y
-51.1%
3Y
+11.6%
1Y
+28.0%
6M
-11.9%
1M
+2.2%
1W
-0.4%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
N/A
Forward P/E
282.75
PEG Ratio
N/A
P/B Ratio
10.7
P/S Ratio
14.08
EV/Revenue
13.62
EV/EBITDA
-142.15
Market Cap
$7.14B

Profitability

Profit margins and return metrics

Profit Margin -36.99%
Operating Margin -18.87%
Gross Margin 77.96%
ROE -26.38%
ROA -5.8%

Growth

Revenue and earnings growth rates

Revenue Growth +35.7%
Earnings Growth N/A
Q/Q Revenue Growth +35.66%
Q/Q Earnings Growth N/A

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
0.16
Low debt
Current Ratio
4.69
Strong
Quick Ratio
3.83
Excellent
Cash/Share
$4.8

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Revenue
$0.1B
Gross Margin
-1.1%
Op. Margin
-97.7%
Net Margin
-93.4%
Total Assets
$0.9B
Liabilities
$0.2B
Equity
$0.7B
Debt/Equity
0.36x
Operating CF
$0.0B
CapEx
$-0.0B
Free Cash Flow
$-0.0B
FCF Yield
-185%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-04-29
$N/A
2026-02-17
$-0.28
-42.7% surprise
2025-10-29
$-0.16
+38.9% surprise
2025-07-30
$-0.24
+7.0% surprise

Healthcare Sector Comparison

Comparing GKOS against 559 companies in the Healthcare sector (34 bullish, 167 neutral, 358 bearish)
Return on Equity (ROE)
-26.38%
This Stock
vs
-88.15%
Sector Avg
-70.1% (Below Avg)
Profit Margin
-36.99%
This Stock
vs
-16.31%
Sector Avg
+126.8% (Superior)
Debt to Equity
0.16
This Stock
vs
2.67
Sector Avg
-93.9% (Less Debt)
Revenue Growth
35.7%
This Stock
vs
124.38%
Sector Avg
-71.3% (Slower)
Current Ratio
4.69
This Stock
vs
4.48
Sector Avg
+4.7% (Better)

Similar Companies

Peer comparison within the same industry

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

NAVRATIL TOMAS
Officer
Sell
2026-04-10
2,093 shares · $246,175
BURNS THOMAS WILLIAM
Chief Executive Officer
Gift
2026-04-01
180,308 shares
GILLIAM JOSEPH E.
President
Stock Award
2026-03-25
23,621 shares
THURMAN ALEX R.
Chief Financial Officer
Stock Award
2026-03-25
3,303 shares
THURMAN ALEX R.
Chief Financial Officer
Sell
2026-03-25
2,511 shares · $267,321
NAVRATIL TOMAS
Officer
Stock Award
2026-03-25
32,781 shares
BURNS THOMAS WILLIAM
Chief Executive Officer
Stock Award
2026-03-25
23,564 shares
THURMAN ALEX R.
Chief Financial Officer
Sell
2026-03-24
1,521 shares · $160,070
THURMAN ALEX R.
Chief Financial Officer
Sell
2026-03-17
625 shares · $61,969
NAVRATIL TOMAS
Officer
Sell
2026-03-16
1,031 shares · $101,078
WEISNER AIMEE S
Director
Gift
2026-02-19
980 shares
WEISNER AIMEE S
Director
Sell
2026-02-19
15,000 shares · $1,760,761
WEISNER AIMEE S
Director
Option Exercise
2026-02-19
15,000 shares · $370,350
BURNS THOMAS WILLIAM
Chief Executive Officer
Option Exercise
2026-02-09
166,000 shares · $5,132,720
BURNS THOMAS WILLIAM
Chief Executive Officer
Gift
2026-02-06
67,353 shares
Insider transactions can signal confidence or concerns about company prospects

SEC Filings

Recent regulatory filings from the SEC EDGAR database

DEF 14A
DEF 14A
2026-04-16

GKOS filed a Definitive Proxy Statement on April 16, 2026, providing shareholders with necessary information to vote on corporate matters at the upcoming annual meeting.

8-K
8-K
2026-03-02

Ginkgo Bioworks Holdings, Inc. likely filed this 8-K to announce its annual financial results for the fiscal year ended December 31, 2025.

10-K
10-K
2026-02-23

GKOS filed its annual 10-K report on February 23, 2026. The provided excerpts do not contain specific financial metrics or detailed risk disclosures.

8-K
8-K
2026-02-17

Ginkgo Bioworks Holdings, Inc. likely filed this 8-K to announce its fourth-quarter and full-year financial results.

8-K
8-K
2026-01-13
8-K
8-K
2025-11-10

Ginkgo Bioworks Holdings, Inc. filed an 8-K on November 10, 2025, likely to report its third-quarter financial results.

10-Q
10-Q
2025-10-31

GKOS generates revenue from the commercialization of ophthalmology therapies, including iDose TR, iStent, and Photrexa, primarily through a direct sales organization in the U.S. and a mix of subsidiaries and distributors internationally. The company operates as a single reportable segment focused on selling these products to surgery centers, hospitals, and private practices. Specific financial metrics and detailed risk factors were not provided in the excerpt.

8-K
8-K
2025-10-29

Ginkgo Bioworks Holdings, Inc. (GKOS) filed an 8-K on October 29, 2025, likely to announce its third-quarter financial results.

8-K
8-K
2025-08-12

Ginkgo Bioworks Holdings, Inc. filed a current report likely pertaining to its second quarter 2025 financial results.

10-Q
10-Q
2025-08-04

GKOS generates revenue through the commercialization of ophthalmology therapies, including the iStent family and iDose TR, sold via direct sales and independent distributors to surgery centers, hospitals, and private practices. Financial performance is subject to revenue recognition estimates for commercial and governmental rebates. While specific risk factors were referenced in the filing, detailed descriptions were not provided in the excerpt.

8-K
8-K
2025-07-30
8-K
8-K
2025-06-03
8-K
8-K
2025-05-14
10-Q
10-Q
2025-05-01
8-K
8-K
2025-04-30
Data sourced from SEC EDGAR. AI summaries generated automatically.

Wall Street Analysts

Professional analyst ratings and price targets

Consensus
STRONG_BUY
12 analysts
Wells Fargo
2026-02-18
Maintains
Overweight Overweight
Needham
2026-02-18
Maintains
Buy Buy
BTIG
2026-02-18
reit
Buy Buy
BTIG
2026-01-28
Maintains
Buy Buy
Stifel
2026-01-22
Maintains
Buy Buy
Needham
2026-01-14
reit
Buy Buy
Stephens & Co.
2026-01-02
Maintains
Overweight Overweight
BTIG
2026-01-02
reit
Buy Buy
UBS
2025-12-23
Maintains
Buy Buy
Truist Securities
2025-12-18
Maintains
Buy Buy

Past News Coverage

Recent headlines mentioning GKOS from our newsroom.

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