Invivyd (IVVD) Stock Price, News & Analysis

Company Overview

Invivyd, Inc., a commercial-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of antibody-based solutions for infectious diseases in the United States. The company developed INVYMAB, a platform that combines viral surveillance and predictive modeling with advanced antibody engineering. Its pipeline includes PEMGRADA (pemivibart) injection, a half-life extended investigational monoclonal antibody (mAb) for the prevention of COVID-19 in adults and adolescents; VYD2311, an mAb candidate which is in preclinical studies for the prevention or treatment for COVID-19; and adintrvimab, that is in phase 3 clinical trials for the prevention or treatment of COVID-19. The company also has discovery stage candidates for the prevention of seasonal influenza and COVID-19. It has a collaboration agreement with Adimab, LLC for the discovery and optimization of proprietary antibodies; and the Scripps Research Institute to perform research activities to identify vaccine candidates for the prevention, diagnosis or treatment of influenza or beta coronaviruses. The company was formerly known as Adagio Therapeutics, Inc. and changed its name to Invivyd, Inc. in September 2022. Invivyd, Inc. was incorporated in 2020 and is headquartered in Waltham, Massachusetts.

Key Stats

• Today's Range: $1.18 to $1.24
• 50-Day Range: $0.81 to $1.39
• 52-Week Range: $0.81 to $5.20
• Volume: 1.24 million shs
• Average Volume: 677,316 shs
• Market Capitalization: $143.18 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $11.33
• Consensus Rating: Buy

Invivyd Stock Analysis - MarketRank™

Invivyd scored higher than 66% of companies evaluated by MarketBeat, and ranked 407th out of 1,007 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Invivyd has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Invivyd has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Invivyd are expected to grow in the coming year, from ($0.60) to $0.02 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Invivyd is -0.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Invivyd is -0.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Invivyd has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.52% of the float of Invivyd has been sold short.

Short Interest Ratio / Days to Cover

Invivyd has a short interest ratio ("days to cover") of 12.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Invivyd has recently decreased by 3.17%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Invivyd does not currently pay a dividend.

Dividend Growth

Invivyd does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

10.52% of the float of Invivyd has been sold short.

Short Interest Ratio / Days to Cover

Invivyd has a short interest ratio ("days to cover") of 12.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Invivyd has recently decreased by 3.17%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: N/A

News Sentiment

Invivyd has a news sentiment score of 1.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Invivyd this week, compared to 2 articles on an average week.

Search Interest

4 people have searched for IVVD on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

MarketBeat Follows

4 people have added Invivyd to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Invivyd insiders have not sold or bought any company stock.

Percentage Held by Insiders

17.90% of the stock of Invivyd is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

70.36% of the stock of Invivyd is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IVVD Stock Analysis - Frequently Asked Questions

How have IVVD shares performed this year?

Invivyd's stock was trading at $3.94 on January 1st, 2024. Since then, IVVD stock has decreased by 69.5% and is now trading at $1.20.
View the best growth stocks for 2024 here.

How were Invivyd's earnings last quarter?

Invivyd, Inc. (NASDAQ:IVVD) announced its quarterly earnings data on Wednesday, August, 14th. The company reported ($0.40) EPS for the quarter, missing analysts' consensus estimates of ($0.37) by $0.03. The business earned $2.26 million during the quarter, compared to analyst estimates of $4.91 million.

Who are Invivyd's major shareholders?

Top institutional investors of Invivyd include Marshall Wace LLP (0.66%), Acadian Asset Management LLC (0.57%), Duquesne Family Office LLC (0.48%) and Renaissance Technologies LLC (0.32%).
View institutional ownership trends.

How do I buy shares of Invivyd?

Shares of IVVD 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.

Company Calendar

• Last Earnings: 8/14/2024
• Today: 9/20/2024
• Next Earnings (Estimated): 11/14/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Biological products, except diagnostic
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NASDAQ:IVVD
• CUSIP: N/A
• CIK: 1832038
• Web: adagiotx.com
• Phone: 781-819-0080
• Fax: N/A
• Employees: 100
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $11.33
• High Stock Price Target: $15.00
• Low Stock Price Target: $9.00
• Potential Upside/Downside: +852.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.87)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-198,640,000.00
• Net Margins: N/A
• Pretax Margin: -9,003.40%
• Return on Equity: -109.72%
• Return on Assets: -90.91%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.71
• Quick Ratio: 4.57

Sales & Book Value

• Annual Sales: $2.26 million
• Price / Sales: 62.71
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.61 per share
• Price / Book: 0.74

Miscellaneous

• Outstanding Shares: 119,316,000
• Free Float: 97,958,000
• Market Cap: $141.99 million
• Optionable: Optionable
• Beta: 0.61