How to Buy Denali Therapeutics Stock
Denali Therapeutics Inc
Denali Therapeutics Inc. , a biopharmaceutical company, discovers and develops therapeutic candidates for neurodegenerative diseases in the United States.
Denali Therapeutics stock last closed at $16.50, up 1.54% from the previous day, and has increased 5.77% in one year. It has overperformed other stocks in the Biotechnology industry by 0.83 percentage points. Denali Therapeutics stock is currently +56.1% from its 52-week low of $10.57, and -50.5% from its 52-week high of $33.33.
As of Apr 29, 2025, there are 145.22M shares of DNLI outstanding. The market value of DNLI is $2.40B. In the last 24 hours, 1.52M DNLI shares were traded.
How to Buy Denali Therapeutics Stock
Wondering how to invest in Denali Therapeutics stock? Here's how.
- Choose where to buy Denali Therapeutics stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Denali Therapeutics stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your payment method and add your details.
- Analyze Denali Therapeutics stock: The Denali Therapeutics ticker symbol is DNLI. Is Denali Therapeutics stock a good investment? Should you buy shares of DNLI? How do DNLI's underlying business fundamentals look? Do top analysts think Denali Therapeutics is a good buy? Why has DNLI's stock price moved recently? (Hint: Our stock analysis website can help you understand if DNLI is a good stock to buy).
- Make your DNLI purchase: Decide if you will purchase DNLI shares at the current market price or use a limit order to purchase DNLI stock at a specific price.
- Watch your investment in DNLI: Create a watchlist to watch your new investment in Denali Therapeutics stock.
Step 1: Choose where to buy Denali Therapeutics stock
You will need a brokerage account in order to access the NASDAQ market and buy DNLI stock.
Our preferred brokerage: eToro
We believe that eToro is the best place to buy stocks. Here's why:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to global markets: From Technology to Financial Services, New York to Hong Kong (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal details so you are able to buy DNLI stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have created your account on one of the most highly reviewed stock apps, your next step is to transfer the money for your investment:
Watch the video below for more details transferring money into your investment account.
Step 4: Analyze Denali Therapeutics stock
After you have selected the best place to buy Denali Therapeutics stock, it's very important to research their stock prior to investing, so you truly understand the risk as well as the opportunity.
Denali Therapeutics Metrics
DNLI Due Diligence Checks
WallStreetZen was built to help average investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on DNLI's stock page.
Is DNLI stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge DNLI's intrinsic value.
Using relative valuations metrics:
- DNLI may be undervalued based on its P/B ratio of 1.95x, relative to Biotechnology industry P/B ratio of 4.37x
You can access additional valuation research on DNLI's stock here.
DNLI Financial Health Overview
Positive Financial Indicators:
- Total DNLI debt is lower than 5 years ago, relative to shareholder equity.
- DNLI has $832.33M in cash and short term investments. This is sufficient to cover its annual cash burn of $363.61M.
- There are more short-term assets than short-term liabilities on the DNLI balance sheet.
- DNLI has cash burn of 363606000. It has enough cash and short-term investments to cover this for at least one year.
- DNLI has a low debt to equity ratio of 0.12.
- There are more short-term assets than long-term liabilities on the DNLI balance sheet.
Is it a good time to buy Denali Therapeutics stock, according to analysts?
Out of 11 Wall Street analysts who give recommendations on DNLI, the consensus analyst rating on Denali Therapeutics is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
Latest DNLI Analyst Ratings
David Hoang, a top 25% analyst from Deutsche Bank initiates coverage on DNLI with a strong buy rating and announces their DNLI price target of $31.00, on Feb 11, 2025.
Salveen Richter, a bottom 14% analyst from Goldman Sachs maintains DNLI with a strong buy rating and lowers their DNLI price target from $45.00 to $40.00, on Jan 28, 2025.
Jessica Fye, a top 5% analyst from JP Morgan maintains DNLI with a strong buy rating and lowers their DNLI price target from $28.00 to $24.00, on Jan 7, 2025.
Joel Beatty, a bottom 13% analyst from Baird initiates coverage on DNLI with a buy rating and announces their DNLI price target of $31.00, on Jan 7, 2025.
Paul Matteis, a bottom 4% analyst from Stifel Nicolaus upgrades DNLI to a strong buy rating and announces their DNLI price target of $37.00, on Dec 16, 2024.
You can dig deeper into what analysts are saying on the Denali Therapeutics stock forecast page.
DNLI Technical Indicators
DNLI Revenue
Last year, DNLI revenue was $0.00. In the past 5 year, DNLI's revenue has grown by -100% per year. This was slower than the Biotechnology industry average of 45.47%.
Dive into DNLI's earnings and revenue performance here.
Latest Insiders Trades at DNLI
Over the last year, insiders at DNLI have sold more shares than they have bought.
Carole Ho, Chief Medical Officer of DNLI, was the latest DNLI insider to sell. They sold $60,494.67 worth of DNLI stock on Jan 7, 2025.
Get more info about who owns DNLI stock here.
Can I get consistent income from DNLI stock?
No, Denali Therapeutics doesn't provide an income stream by paying out dividends.
What others are saying about DNLI
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your DNLI purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open button and eToro will execute the order.
If you want more help with buying stocks on eToro, click the how to video below:
Step 6: Watch your investment in DNLI
Now that you own some DNLI shares, you'll want to stay up-to-date on your company.
Create a watchlist to get the latest updates about your DNLI stock.
DNLI Feed
How to Buy Stock in Denali Therapeutics
To reiterate, here are the 6 steps for buying Denali Therapeutics stock:
- Choose where to buy Denali Therapeutics stock
- Create your brokerage account
- Fund your investment account
- Analyze Denali Therapeutics stock
- Make your DNLI purchase
- Watch your investment in DNLI
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get updates on your investment in Denali Therapeutics, hit the button below to create your watchlist.
More Stock Buying Guides You May Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.