8-K ·Filed May 21, 2026

OLMA

Olema Pharmaceuticals, Inc.
BULLISH
Impact 6/10
Horizonweeks Processed4mo ago SEC0001193125-26-234848
8-K context-dependent: Items 7.01, 8.01
Actionable Insight ▲ Bullish

Monitor the full ASCO poster on May 30 for additional efficacy details and dose expansion data. Positive early signals could support partnership interest or pipeline valuation, but the small sample size warrants caution until larger cohorts confirm.

DirectionBullish
Confidencemedium
Horizonweeks
Final — all horizons settled through T+60d ⚠ clustered
OLMA ▼ -22.15% at T+60d
LONG call ✗ call lost -22.15% · α vs SPY -25.34% · entry $13.68 → $10.65
Entry anchored
May 21, 2026
via day open
T+1d
-0.95%
call -0.95% · α -1.54%
$13.55
settled 4mo ago
T+5d
-7.09%
call -7.09% · α -8.75%
$12.71
settled 4mo ago
T+20d
-25.51%
call -25.51% · α -24.10%
$10.19
settled 3mo ago
T+60d
-22.15%
call -22.15% · α -25.34%
$10.65
settled 6w ago

Price Chart

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Executive Summary

Olema Pharmaceuticals announced preliminary Phase 1 data for OP-3136, a KAT6 inhibitor, showing acceptable tolerability, target engagement, and early anti-tumor activity (3 partial responses in 19 evaluable patients) in heavily pretreated advanced solid tumors. The data will be presented at ASCO 2026 on May 30. This early clinical signal supports continued development but remains preliminary.

Key Facts

  • No dose-limiting toxicities observed up to 45 mg daily; no treatment discontinuations due to TRAEs.
  • Among 19 evaluable patients, tumor shrinkage in 13, with 2 confirmed and 1 unconfirmed partial response.
  • OP-3136 demonstrated sustained reduction in H3K23 acetylation, confirming on-target KAT6 inhibition.
  • Data to be presented at ASCO 2026 (May 30) and Phase 1 dose expansion ongoing.
  • The company also will present a trial-in-progress for Phase 3 OPERA-02 (palazestrant + ribociclib) at ASCO.

Financial Impact

No financial figures disclosed; early clinical data may increase probability of success for OP-3136 pipeline value.

Risk Factors

  • Phase 1 data is preliminary with small sample size (19 evaluable); response rates may not be durable or reproducible in larger groups.
  • Common grade 3 TRAEs (anemia 6%, neutropenia 28%) may limit tolerability at higher doses or in combination.
  • No control arm; efficacy signals need confirmation in randomized expansion.

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
89% bullish (19 analysts)

Investment Themes

Biotech & Drug Discovery

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001193125-26-234848
Document: olma-ex99_1.htm0001193125-26-234848
Document: 0001193125-26-234848-index-headers.html0001193125-26-234848
Document: 0001193125-26-234848-index.html0001193125-26-234848
Document: 0001193125-26-234848.txt0001193125-26-234848
13 reports for OLMA
Performance horizon
33% Hit rate 1 of 3 directional calls best @ T+1▲ +12.65%Aug 9, 2026
Filters
Rows
Reports for OLMA — sortable, filterable
TypeNow
Aug 10, 2026
7w ago
8-K
NEUTRAL ★ 5/10
$10.43 $10.36▼ −0.67%▲ +0.39%$8.23 (−21.14%)
Aug 10, 2026
7w ago
Press Release
NEUTRAL ★ 4/10
$10.43 $10.36▼ −0.67%▲ +0.39%$8.23 (−21.14%)
Aug 9, 2026
7w ago
Institutional Cluster
BEARISH ★ 6/10
$11.94 $10.99▲ +8.00%▲ +7.08%$8.23 (+31.11%)
May 26, 2026
18w ago
8-K
BULLISH ★ 6/10
$13.55 $11.46▼ −15.42%▼ −13.48%$8.23 (−39.30%)
May 26, 2026
18w ago
Press Release
NEUTRAL ★ 4/10
$13.55 $11.46▼ −15.42%▼ −13.48%$8.23 (−39.30%)
May 21, 2026
19w ago
8-K
BULLISH ★ 6/10
$13.68 $10.19▼ −25.51%▼ −24.10%$8.23 (−39.88%)
May 21, 2026
19w ago
Press Release
BULLISH ★ 6/10
$13.68 $10.19▼ −25.51%▼ −24.10%$8.23 (−39.88%)
May 12, 2026
20w ago
8-K
NEUTRAL ★ 4/10
$13.97 $9.82▼ −29.71%▼ −27.98%$8.23 (−41.12%)
May 12, 2026
20w ago
Press Release
NEUTRAL ★ 5/10
$13.97 $9.82▼ −29.71%▼ −27.98%$8.23 (−41.12%)
Apr 29, 2026
22w ago
DEFA14A
NEUTRAL ★ 2/10
$14.41 $13.19▼ −8.47%▼ −13.69%$8.23 (−42.92%)
Showing 10 of 13

US Market Status

Market Closed — Opens Mon (65h)

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