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NASDAQ:IMMU

Immunomedics (IMMU) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$87.86
$87.86
50-Day Range
$85.08
$87.86
52-Week Range
$8.80
$87.93
Volume
N/A
Average Volume
4.01 million shs
Market Capitalization
$20.31 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
IMMU stock logo

About Immunomedics Stock (NASDAQ:IMMU)

Immunomedics, Inc., a clinical-stage biopharmaceutical company, develops monoclonal antibody-based products for the targeted treatment of cancer. It develops sacituzumab govitecan, an antibody-drug conjugate for the treatment of patients with metastatic triple-negative breast cancer. The company focuses on commercializing sacituzumab govitecan as a third-line therapy for patients with metastatic triple-negative breast cancer in the United States. The company also develops IMMU-140 for treatment of hematologic malignancies; and IMMU-130 to treat Colorectal cancer. Its other product candidates includes epratuzumab, an anti-CD22 antibody; veltuzumab, an anti-CD20 antibody; milatuzumab, an anti-CD74 antibody; and IMMU-114, a HLA-DR antibody. Immunomedics, Inc. has clinical collaboration with AstraZeneca and MedImmune to evaluate Imfinzi, a human monoclonal antibody against PD-L1, with sacituzumab govitecan as a frontline treatment of patients with TNBC and urothelial cancer; collaboration agreement with GBG Forschungs GmbH to develop sacituzumab govitecan for the treatment of breast cancer; and clinical collaboration with F. Hoffman-La Roche Ltd to treat patients with metastatic or inoperable locally advanced TNBC versus atezolizumab plus nab-paclitaxel as standard of care. The company was founded in 1982 and is headquartered in Morris Plains, New Jersey. As of October 23, 2020, Immunomedics, Inc. operates as a subsidiary of Gilead Sciences, Inc.

IMMU Stock News Headlines

The Analyst Verdict: Gilead Sciences In The Eyes Of 12 Experts
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Gilead to buy CymaBay in $4.3B deal for liver disease drug
Arvinas Appoints Jared Freedberg as General Counsel
Spate of Deal News Juices Start of This Week's Trading
Antibody Drug Conjugate (ADC) Markets, 2035
8 Undervalued Quality Healthcare Stocks
See More Headlines
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Company Calendar

Last Earnings
8/05/2020
Today
4/19/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Diagnostic Substances
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:IMMU
CUSIP
45290710
Fax
N/A
Employees
366
Year Founded
N/A

Profitability

Net Income
$-357,190,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$290,000.00
Price / Sales
70,028.66
Book Value
$1.38 per share

Miscellaneous

Free Float
N/A
Market Cap
$20.31 billion
Optionable
Optionable
Beta
2.90
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Key Executives

  • Dr. Behzad Aghazadeh Ph.D. (Age 49)
    Exec. Chairman
    Comp: $147.53k
  • Mr. Usama Malik (Age 45)
    CFO & Chief Bus. Officer
    Comp: $533.39k
  • Mr. Brendan P. Delaney (Age 45)
    Chief Commercial Officer
    Comp: $527.63k
  • Mr. Bryan Ball (Age 50)
    Chief Quality Officer
    Comp: $646.48k
  • Mr. William Fricker (Age 55)
    Principal Accounting Officer, Exec. Director & Corp. Controller
  • Ms. Phyllis Parker
    Director of Admin.
  • Dr. Chau Cheng
    Sr. Director of Investor Relations
  • Mr. Jared Freedberg (Age 52)
    Gen. Counsel & Corp. Sec.
  • Mr. Kurt J. W. Andrews (Age 51)
    Chief HR Officer
  • Dr. Loretta M. Itri (Age 70)
    Chief Medical Officer

Should I Buy Immunomedics Stock? IMMU Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Immunomedics, Inc.:

  • Immunomedics, Inc. has a strong pipeline of monoclonal antibody-based products, including sacituzumab govitecan for metastatic triple-negative breast cancer, which has shown promising results in clinical trials.
  • The company's collaboration with Gilead Sciences, Inc. provides financial stability and potential for further growth and development.
  • Immunomedics, Inc. has a focus on commercializing innovative treatments for cancer, tapping into a high-demand market with significant growth potential.
  • Recent partnerships and collaborations with industry leaders like AstraZeneca, MedImmune, and F. Hoffman-La Roche Ltd. indicate strong industry recognition and support for the company's products.
  • With the acquisition by Gilead Sciences, Inc., Immunomedics, Inc. now has access to additional resources and expertise to accelerate product development and commercialization.

Cons

Investors should be bearish about investing in Immunomedics, Inc. for these reasons:

  • Market volatility and regulatory challenges in the biopharmaceutical industry can impact the company's stock price and financial performance.
  • Dependency on the success of key products like sacituzumab govitecan for revenue generation, which poses a risk if clinical trials do not meet expectations.
  • Competition from other biopharmaceutical companies developing similar monoclonal antibody-based products may affect Immunomedics, Inc.'s market share and profitability.
  • Investing in clinical-stage biopharmaceutical companies like Immunomedics, Inc. carries inherent risks due to uncertainties in drug development, regulatory approvals, and market acceptance.
  • Fluctuations in the stock price of Immunomedics, Inc. can be influenced by factors such as market sentiment, industry trends, and macroeconomic conditions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Immunomedics pros and cons to contact@marketbeat.com.

IMMU Stock Analysis - Frequently Asked Questions

How were Immunomedics' earnings last quarter?

Immunomedics, Inc. (NASDAQ:IMMU) posted its quarterly earnings results on Wednesday, August, 5th. The biopharmaceutical company reported ($0.73) earnings per share for the quarter, missing analysts' consensus estimates of ($0.34) by $0.39. The biopharmaceutical company earned $20.07 million during the quarter, compared to analysts' expectations of $24.81 million.

What other stocks do shareholders of Immunomedics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Immunomedics investors own include Micron Technology (MU), NVIDIA (NVDA), Seagen (SGEN), Synergy Pharmaceuticals (SGYP), Novavax (NVAX), Gilead Sciences (GILD), Exelixis (EXEL), ImmunoGen (IMGN) and Intel (INTC).

This page (NASDAQ:IMMU) was last updated on 4/19/2024 by MarketBeat.com Staff

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