NASDAQ:IMGN

ImmunoGen (IMGN) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$31.23
$31.23
50-Day Range
$31.23
$31.23
52-Week Range
$3.61
$31.25
Volume
40 shs
Average Volume
8.78 million shs
Market Capitalization
$8.32 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$25.77

ImmunoGen MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
17.5% Downside
$25.77 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
-0.78
Upright™ Environmental Score
News Sentiment
0.00mentions of ImmunoGen in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
362.50%
From $0.08 to $0.37 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.

0.68 out of 5 stars

Medical Sector

844th out of 910 stocks

Biotechnology Industry

7th out of 13 stocks

IMGN stock logo

About ImmunoGen Stock (NASDAQ:IMGN)

ImmunoGen, Inc., a commercial-stage biotechnology company, focuses on developing and commercializing the antibody-drug conjugates (ADCs) for cancer patients. The company's product candidates include mirvetuximab soravtansine, an ADC targeting folate-receptor alpha (FRa), for the treatment of platinum-resistant ovarian cancer; and a cell-surface protein expressed in various epithelial tumors, including ovarian, endometrial, and non-small-cell lung cancers, as well as Pivekimab sunirine, a CD123-targeting ADC that is in Phase II clinical trial for treating acute myeloid leukemia and blastic plasmacytoid dendritic cell neoplasm. Its preclinical programs include IMGC936, an ADC in co-development with MacroGenics, Inc.; and IMGN151, an anti-FRa product candidate. The company has collaborations with Roche; Amgen/Oxford BioTherapeutics; Bayer HealthCare AG; Eli Lilly and Company; Novartis Institutes for BioMedical Research, Inc.; CytomX Therapeutics, Inc.; Fusion Pharmaceuticals Inc.; Debiopharm International SA; and MacroGenics, Inc. ImmunoGen, Inc. was founded in 1980 and is headquartered in Waltham, Massachusetts. As of February 12, 2024, ImmunoGen, Inc. operates as a subsidiary of AbbVie Inc.

IMGN Stock News Headlines

3 Potential Biopharma Buyout Targets
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
CERE Aug 2024 30.000 call
Barclays Keeps Their Hold Rating on ImmunoGen (IMGN)
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
IMGN Quantitative Stock Analysis
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates EAR, IMGN, CVLY
Immunogen Inc IMGN
AbbVie acquiring Cerevel Therapeutics in $8.7B deal
See More Headlines
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Company Calendar

Last Earnings
7/31/2023
Today
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:IMGN
CUSIP
45253H10
Employees
277
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$25.77
High Stock Price Target
$31.26
Low Stock Price Target
$16.00
Potential Upside/Downside
-17.5%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
12 Analysts

Profitability

Net Income
$-222,930,000.00
Pretax Margin
-25.24%

Debt

Sales & Book Value

Annual Sales
$287.61 million
Book Value
$0.71 per share

Miscellaneous

Free Float
252,764,000
Market Cap
$8.32 billion
Optionable
Optionable
Beta
1.18

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Key Executives


IMGN Stock Analysis - Frequently Asked Questions

Should I buy or sell ImmunoGen stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ImmunoGen in the last twelve months. There are currently 9 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" IMGN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IMGN, but not buy additional shares or sell existing shares.
View IMGN analyst ratings
or view top-rated stocks.

What is ImmunoGen's stock price target for 2024?

12 Wall Street analysts have issued 1-year target prices for ImmunoGen's stock. Their IMGN share price targets range from $16.00 to $31.26. On average, they anticipate the company's share price to reach $25.77 in the next year. This suggests that the stock has a possible downside of 17.5%.
View analysts price targets for IMGN
or view top-rated stocks among Wall Street analysts.

How were ImmunoGen's earnings last quarter?

ImmunoGen, Inc. (NASDAQ:IMGN) released its quarterly earnings results on Monday, July, 31st. The biotechnology company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.16) by $0.14. The biotechnology company had revenue of $83.20 million for the quarter, compared to analyst estimates of $49.15 million. ImmunoGen had a negative net margin of 25.56% and a negative trailing twelve-month return on equity of 22.11%. The business's quarterly revenue was up 485.9% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.24) earnings per share.

What is Mark J. Enyedy's approval rating as ImmunoGen's CEO?

16 employees have rated ImmunoGen Chief Executive Officer Mark J. Enyedy on Glassdoor.com. Mark J. Enyedy has an approval rating of 64% among the company's employees.

What other stocks do shareholders of ImmunoGen own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ImmunoGen investors own include Pfizer (PFE), NVIDIA (NVDA), Micron Technology (MU), Immunomedics (IMMU), Advanced Micro Devices (AMD), AbbVie (ABBV), Gilead Sciences (GILD), OPKO Health (OPK), AT&T (T) and Dynavax Technologies (DVAX).

Does ImmunoGen have any subsidiaries?
The following companies are subsidiares of ImmunoGen: Hurricane LLC, ImmunoGen BioPharma (Ireland) Limited, ImmunoGen Europe Limited, and ImmunoGen Securities Corp..
Read More
This page (NASDAQ:IMGN) was last updated on 4/23/2024 by MarketBeat.com Staff

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