NASDAQ:IMGNImmunoGen Stock Price, Forecast & News

ImmunoGen's stock was trading at $3.37 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, IMGN shares have 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) issued its quarterly earnings data on Friday, May, 1st. The biotechnology company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by $0.02. The biotechnology company earned $13.29 million during the quarter, compared to the consensus estimate of $14.53 million. View ImmunoGen's earnings history.

ImmunoGen issued an update on its FY 2020 Pre-Market earnings guidance on Friday, May, 1st. The company provided earnings per share 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 1-year price targets 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 on Saturday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. ImmunoGen earned a daily sentiment score of -2.4 on InfoTrie's scale. They also gave news headlines about the biotechnology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. 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]