NASDAQ:IMTX

Immatics (IMTX) Stock Price, News & Analysis

$10.96
+0.15 (+1.39%)
(As of 05/17/2024 ET)
Today's Range
$10.59
$10.96
50-Day Range
$9.78
$12.25
52-Week Range
$7.15
$13.16
Volume
288,137 shs
Average Volume
483,595 shs
Market Capitalization
$927.87 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$16.00

Immatics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
46.0% Upside
$16.00 Price Target
Short Interest
Bearish
10.50% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.77mentions of Immatics in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($1.32) to ($1.49) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.48 out of 5 stars

Medical Sector

711th out of 918 stocks

Biological Products, Except Diagnostic Industry

115th out of 152 stocks

IMTX stock logo

About Immatics Stock (NASDAQ:IMTX)

Immatics N.V., a clinical-stage biopharmaceutical company, focuses on the research and development of potential T cell redirecting immunotherapies for the treatment of cancer in the United States. The company is developing targeted immunotherapies with a focus on treating solid tumors through two distinct treatment modalities, such as TCR-engineered autologous or allogeneic adoptive cell therapies (ACT) and antibody-like TCR Bispecifics. Its products pipeline includes IMA203 that targets solid tumors, which is in Phase 1b clinical trial; IMA203CD8, a cell therapy product that is in Phase 1b clinical trial; IMA204 that targets tumor stroma, which is in preclinical stage; and IMA30x, an allogenic cellular therapy product candidate, which is in preclinical stage. The company also develops TCR Bispecifics products, including IMA401 and IMA402, which is in Phase 1a clinical trial. The company has a strategic collaboration agreement with MD Anderson Cancer Center to develop multiple T cell and TCR-based adoptive cellular therapies; Celgene Corporation to develop novel adoptive cell therapies targeting multiple cancers; and Genmab A/S to develop T cell engaging bispecific immunotherapies targeting multiple cancer indications. Immatics N.V. is headquartered in Tübingen, Germany.

IMTX Stock Price History

IMTX Stock News Headlines

Q2 2024 EPS Estimates for Immatics (NASDAQ:IMTX) Lifted by Analyst
Stock Market News for May 15, 2024
Immatics (NASDAQ:IMTX) Sees Large Volume Increase
Immatics (NASDAQ:IMTX) Stock Price Down 0.2%
Cantor sees strong year ahead for oncology M&A
Immatics Announces Proposed Public Offering
See More Headlines
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Company Calendar

Last Earnings
3/21/2024
Today
5/18/2024
Next Earnings (Estimated)
8/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:IMTX
Fax
N/A
Employees
432
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.00
High Stock Price Target
$16.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+46.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-104,980,000.00
Net Margins
-107.80%
Pretax Margin
-106.01%

Debt

Sales & Book Value

Annual Sales
$58.44 million
Book Value
$5.14 per share

Miscellaneous

Free Float
81,864,000
Market Cap
$927.87 million
Optionable
Optionable
Beta
0.69
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Key Executives

  • Dr. Harpreet Singh Ph.D. (Age 49)
    CEO, MD, Member of Management Board & Executive Director
    Comp: $884.46k
  • Dr. Toni Weinschenk Ph.D. (Age 50)
    Co-Founder & Chief Innovation Officer
  • Mr. Arnd Christ MBA (Age 58)
    Chief Financial Officer
  • Mr. Steffen Walter Ph.D. (Age 47)
    Chief Operations Officer
  • Mr. Edward A. Sturchio J.D. (Age 48)
    General Counsel & Secretary
  • Dr. Carsten Reinhardt M.D. (Age 57)
    Ph.D., Chief Development Officer
  • Mr. Cedrik M. Britten M.D. (Age 48)
    Chief Medical Officer
  • Mr. Jordan Silverstein (Age 44)
    Head of Strategy
  • Dr. Hans-Georg Rammensee Ph.D.
    Co-Founder & Member of the Scientific Advisory Board
  • Mr. Ephraim Hofsäß M.Sc.
    Vice President of SEC Reporting & Accounting

IMTX Stock Analysis - Frequently Asked Questions

Should I buy or sell Immatics stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Immatics in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IMTX shares.
View IMTX analyst ratings
or view top-rated stocks.

What is Immatics' stock price target for 2024?

2 Wall Street analysts have issued 1-year price targets for Immatics' shares. Their IMTX share price targets range from $16.00 to $16.00. On average, they anticipate the company's stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 46.0% from the stock's current price.
View analysts price targets for IMTX
or view top-rated stocks among Wall Street analysts.

How have IMTX shares performed in 2024?

Immatics' stock was trading at $10.53 at the beginning of the year. Since then, IMTX stock has increased by 4.1% and is now trading at $10.96.
View the best growth stocks for 2024 here
.

When is Immatics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 15th 2024.
View our IMTX earnings forecast
.

How were Immatics' earnings last quarter?

Immatics (NASDAQ:IMTX) posted its earnings results on Thursday, March, 21st. The company reported ($0.32) EPS for the quarter, topping the consensus estimate of ($0.41) by $0.09. The business had revenue of $17.14 million for the quarter, compared to the consensus estimate of $11.78 million. Immatics had a negative net margin of 107.80% and a negative trailing twelve-month return on equity of 29.36%.

What ETFs hold Immatics' stock?

ETFs with the largest weight of Immatics (NASDAQ:IMTX) stock in their portfolio include Range Cancer Therapeutics ETF (CNCR) and Loncar China Biopharma ETF (CHNA).Virtus LifeSci Biotech Clinical Trials ETF (BBC).

What other stocks do shareholders of Immatics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Immatics investors own include Advanced Micro Devices (AMD), Chimerix (CMRX), Datadog (DDOG), Forte Biosciences (FBRX), Great Panther Mining (GPL), Idera Pharmaceuticals (IDRA) and Immunic (IMUX).

Who are Immatics' major shareholders?

Immatics' stock is owned by many different institutional and retail investors. Top institutional investors include Baker BROS. Advisors LP (7.61%), Price T Rowe Associates Inc. MD (3.81%), RA Capital Management L.P. (2.07%), Wasatch Advisors LP (0.86%), Janus Henderson Group PLC (0.75%) and StemPoint Capital LP (0.58%).

How do I buy shares of Immatics?

Shares of IMTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:IMTX) was last updated on 5/18/2024 by MarketBeat.com Staff

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