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1. Company Snapshot

1.a. Company Description

Kezar Life Sciences, Inc., a clinical-stage biotechnology company, engages in the discovery and development of novel small molecule therapeutics to treat unmet needs in immune-mediated diseases and cancer in the United States.The company's lead product candidate is KZR-616, a selective immunoproteasome inhibitor that is in Phase 2 clinical trials for various indications, including lupus nephritis, dermatomyositis, and polymyositis; and Phase 1b clinical trials in systemic lupus erythematosus and lupus nephritis.Its preclinical products include KZR-261, a novel first-in-class protein secretion inhibitor for the treatment of KZR-261; and KZR-TBD for the treatment of oncology and immunology.


The company was incorporated in 2015 and is based in South San Francisco, California.

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1.b. Last Insights on KZR

Kezar Life Sciences' recent performance was positively driven by increased institutional investment, with BML Capital Management LLC boosting its holdings by 13.5% to $2.81 million. Additionally, the company received a positive regulatory update on its Zetomipzomib program in autoimmune hepatitis, with the FDA granting a Type C meeting to discuss development plans. Analysts currently rate the stock as "Reduce" with two sell and four hold ratings, according to Marketbeat.com. The company is advancing its clinical-stage pipeline, focusing on novel small molecule therapeutics for immune-mediated diseases.

1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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BML Capital Management LLC Has $2.81 Million Holdings in Kezar Life Sciences, Inc. $KZR

Feb -23

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Kezar Life Sciences, Inc. (NASDAQ:KZR) Receives Consensus Rating of “Reduce” from Analysts

Feb -19

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Kezar Life Sciences Announces Regulatory Update on Zetomipzomib Program in Autoimmune Hepatitis

Jan -09

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Kezar Life Sciences, Inc. (NASDAQ:KZR) Receives Average Recommendation of “Reduce” from Brokerages

Dec -31

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Reviewing Dyadic International (NASDAQ:DYAI) and Kezar Life Sciences (NASDAQ:KZR)

Dec -03

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Kezar Life Sciences Reports Third Quarter 2025 Financial Results

Nov -12

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Brokerages Set Kezar Life Sciences, Inc. (NASDAQ:KZR) Target Price at $9.00

Oct -20

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Kezar Life Sciences Announces Regulatory Update on Zetomipzomib Program in Autoimmune Hepatitis and Plans to Explore Strategic Alternatives

Oct -16

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (10.93%)

6. Segments

Immune-mediated Diseases and Cancer Therapeutics

Expected Growth: 10.93%

Kezar Life Sciences' Immune-mediated Diseases and Cancer Therapeutics segment growth is driven by increasing demand for novel therapies, advancements in immunology research, and a growing pipeline of promising candidates. The company's focus on modulating protein degradation pathways and targeting immune cells also contributes to its growth, as these approaches have shown potential in treating various immune-mediated diseases and cancers.

7. Detailed Products

Zerviatinib

Zerviatinib is an oral, selective inhibitor of the tyrosine kinase ZAK, which is a key regulator of the NLRP3 inflammasome. It is being developed as a potential treatment for severe and debilitating autoimmune diseases.

KZR-616

KZR-616 is a selective inhibitor of the immunoproteasome, which is a key regulator of immune cell activation. It is being developed as a potential treatment for severe autoimmune diseases.

8. Kezar Life Sciences, Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Kezar Life Sciences, Inc. is moderate due to the presence of alternative treatments and therapies for cancer and autoimmune diseases.

Bargaining Power Of Customers

The bargaining power of customers for Kezar Life Sciences, Inc. is low due to the company's focus on rare and orphan diseases, which limits the negotiating power of patients and healthcare providers.

Bargaining Power Of Suppliers

The bargaining power of suppliers for Kezar Life Sciences, Inc. is moderate due to the company's reliance on a limited number of suppliers for raw materials and services.

Threat Of New Entrants

The threat of new entrants for Kezar Life Sciences, Inc. is high due to the growing interest in biotechnology and pharmaceutical research, which attracts new companies and investors to the industry.

Intensity Of Rivalry

The intensity of rivalry for Kezar Life Sciences, Inc. is high due to the competitive landscape of the biotechnology and pharmaceutical industries, where companies compete for market share and intellectual property.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 6.52%
Debt Cost 6.31%
Equity Weight 93.48%
Equity Cost 6.31%
WACC 6.31%
Leverage 6.97%

11. Quality Control: Kezar Life Sciences, Inc. passed 3 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
OncoCyte

A-Score: 4.7/10

Value: 7.1

Growth: 5.9

Quality: 3.1

Yield: 0.0

Momentum: 8.0

Volatility: 4.3

1-Year Total Return ->

Stock-Card
Kezar Life Sciences

A-Score: 3.7/10

Value: 8.0

Growth: 5.6

Quality: 4.2

Yield: 0.0

Momentum: 3.0

Volatility: 1.3

1-Year Total Return ->

Stock-Card
Biomea Fusion

A-Score: 3.3/10

Value: 6.9

Growth: 3.4

Quality: 4.1

Yield: 0.0

Momentum: 5.0

Volatility: 0.3

1-Year Total Return ->

Stock-Card
Allogene Therapeutics

A-Score: 3.0/10

Value: 7.6

Growth: 4.3

Quality: 4.2

Yield: 0.0

Momentum: 0.5

Volatility: 1.3

1-Year Total Return ->

Stock-Card
Pliant Therapeutics

A-Score: 2.6/10

Value: 8.0

Growth: 3.1

Quality: 3.5

Yield: 0.0

Momentum: 0.0

Volatility: 1.0

1-Year Total Return ->

Stock-Card
Maravai LifeSciences

A-Score: 2.5/10

Value: 7.1

Growth: 2.1

Quality: 3.9

Yield: 0.0

Momentum: 0.5

Volatility: 1.3

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

7.02$

Current Price

7.02$

Potential

-0.00%

Expected Cash-Flows