NASDAQ:IMGNImmunoGen Stock Price, Forecast & News

ImmunoGen's stock was trading at $3.37 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, IMGN stock has increased by 44.8% and is now trading at $4.88. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ImmunoGen in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for ImmunoGen.

ImmunoGen is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for ImmunoGen.

ImmunoGen, Inc. (NASDAQ:IMGN) released its quarterly earnings data on Friday, May, 1st. The biotechnology company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by $0.02. The biotechnology company had revenue of $13.29 million for the quarter, compared to analysts' expectations of $14.53 million. View ImmunoGen's earnings history.

ImmunoGen updated its FY 2020 Pre-Market earnings guidance on Friday, May, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $60-65 million, compared to the consensus revenue estimate of $62.72 million.

4 equities research analysts have issued 12-month price objectives for ImmunoGen's stock. Their forecasts range from $9.00 to $12.00. On average, they anticipate ImmunoGen's stock price to reach $10.50 in the next year. This suggests a possible upside of 115.2% from the stock's current price. View analysts' price targets for ImmunoGen.

Media coverage about IMGN stock has been trending negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. ImmunoGen earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave news stories about the biotechnology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about ImmunoGen.

Some companies that are related to ImmunoGen include Amgen (AMGN), Gilead Sciences (GILD), Celgene (CELG), Vertex Pharmaceuticals (VRTX), Regeneron Pharmaceuticals (REGN), Biogen (BIIB), Seattle Genetics (SGEN), Alexion Pharmaceuticals (ALXN), Incyte (INCY), BioMarin Pharmaceutical (BMRN), Alnylam Pharmaceuticals (ALNY), EXACT Sciences (EXAS), Neurocrine Biosciences (NBIX), Immunomedics (IMMU) and Ionis Pharmaceuticals (IONS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other ImmunoGen investors own include Immunomedics (IMMU), Advanced Micro Devices (AMD), Crispr Therapeutics (CRSP), Micron Technology (MU), Gilead Sciences (GILD), Pfizer (PFE), NVIDIA (NVDA), Opko Health (OPK), Amarin (AMRN) and Exelixis (EXEL).

ImmunoGen trades on the NASDAQ under the ticker symbol "IMGN."

Shares of IMGN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of IMGN stock can currently be purchased for approximately $4.88.

ImmunoGen has a market capitalization of $851.12 million and generates $82.27 million in revenue each year. The biotechnology company earns $-104,130,000.00 in net income (profit) each year or ($0.70) on an earnings per share basis. ImmunoGen employs 296 workers across the globe.

The official website for ImmunoGen is www.immunogen.com.

ImmunoGen's mailing address is 830 WINTER ST, WALTHAM MA, 02451. The biotechnology company can be reached via phone at 781-895-0600 or via email at [email protected]