Several brokerages have updated their recommendations and price targets on shares of Cytokinetics (NASDAQ: CYTK) in the last few weeks:
- 8/8/2026 – Cytokinetics was downgraded by Wall Street Zen from “hold” to “sell”.
- 8/7/2026 – Cytokinetics had its price target lowered by Royal Bank Of Canada from $117.00 to $112.00. They now have an “outperform” rating on the stock.
- 8/7/2026 – Cytokinetics had its “market outperform” rating reaffirmed by Citigroup Inc..
- 8/7/2026 – Cytokinetics had its price target raised by Citizens Jmp from $105.00 to $110.00. They now have a “market outperform” rating on the stock.
- 8/7/2026 – Cytokinetics had its price target raised by Needham & Company LLC from $102.00 to $112.00. They now have a “buy” rating on the stock.
- 7/17/2026 – Cytokinetics had its “sell (d-)” rating reaffirmed by Weiss Ratings.
- 7/7/2026 – Cytokinetics had its price target lowered by Royal Bank Of Canada from $119.00 to $117.00. They now have an “outperform” rating on the stock.
- 6/29/2026 – Cytokinetics was upgraded by UBS Group AG from “neutral” to “buy”. They now have a $115.00 price target on the stock, up from $69.00.
- 6/24/2026 – Cytokinetics had its price target raised by Mizuho from $100.00 to $118.00. They now have an “outperform” rating on the stock.
- 6/17/2026 – Cytokinetics had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $119.00 price target on the stock.
- 6/17/2026 – Cytokinetics had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $102.00 price target on the stock.
Insiders Place Their Bets
In other news, EVP Fady Ibraham Malik sold 3,500 shares of the stock in a transaction that occurred on Tuesday, July 21st. The stock was sold at an average price of $80.59, for a total transaction of $282,065.00. Following the completion of the transaction, the executive vice president directly owned 153,902 shares of the company’s stock, valued at approximately $12,402,962.18. This represents a 2.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew Callos sold 14,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $79.88, for a total value of $1,118,320.00. Following the completion of the sale, the executive vice president directly owned 58,555 shares of the company’s stock, valued at $4,677,373.40. This represents a 19.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 115,179 shares of company stock worth $9,126,054 over the last quarter. 2.60% of the stock is owned by company insiders.
The company’s most advanced program, omecamtiv mecarbil, is being evaluated for the treatment of heart failure by enhancing cardiac muscle contractility.
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