NASDAQ:IOBT IO Biotech (IOBT) Stock Price, News & Analysis → Biden replacement revealed? (From Paradigm Press) (Ad) Free IOBT Stock Alerts $1.46 -0.01 (-0.68%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$1.43▼$1.4950-Day Range$1.44▼$1.8252-Week Range$0.82▼$2.64Volume57,227 shsAverage Volume92,541 shsMarket Capitalization$96.18 millionP/E RatioN/ADividend YieldN/APrice Target$8.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get IO Biotech alerts: Email Address IO Biotech MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside470.8% Upside$8.33 Price TargetShort InterestHealthy0.16% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$988,214 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.41) to ($1.36) Per ShareSee Full Details Hide Full Details 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.2.64 out of 5 starsMedical Sector428th out of 907 stocksPharmaceutical Preparations Industry193rd out of 422 stocks 3.5 Analyst's Opinion Consensus RatingIO Biotech 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 CoverageIO Biotech has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.16% of the float of IO Biotech has been sold short.Short Interest Ratio / Days to CoverIO Biotech has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in IO Biotech has recently decreased by 16.42%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldIO Biotech does not currently pay a dividend.Dividend GrowthIO Biotech does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IOBT. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for IO Biotech this week, compared to 1 article on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, IO Biotech insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $988,214.00 in company stock.Percentage Held by InsidersOnly 3.50% of the stock of IO Biotech is held by insiders.Percentage Held by Institutions54.76% of the stock of IO Biotech is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for IO Biotech are expected to grow in the coming year, from ($1.41) to ($1.36) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of IO Biotech is -0.68, 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. SectorThe P/E ratio of IO Biotech is -0.68, 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 RatioIO Biotech has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIA new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… Click here to see me place one of these trades LIVE on camera. About IO Biotech Stock (NASDAQ:IOBT)IO Biotech, Inc., a clinical-stage biopharmaceutical company, develops immune-modulating therapeutic cancer vaccines based on the T-win technology platform. The company's lead product candidate, IO102-IO103, which is designed to target immunosuppressive mechanisms mediated by Indoleamine 2,3-dehydrogenase (IDO), and programmed death-ligand (PD-L1) that is in phase 3 clinical trial to treat melanoma, as well as in phase 2 clinical trial to treat lung, head and neck, bladder, and melanoma cancer. It also develops IO112, a product candidate that contains a single Arginase 1-derived peptide designed to target T cells that recognize epitopes derived from Arginase 1 for the treatment of cancers. The company was incorporated in 2014 and is based in Copenhagen, Denmark.Read More IOBT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IOBT Stock News HeadlinesApril 24, 2024 | globenewswire.comIO Biotech Announces Abstract Accepted for Presentation at the 2024 American Society of Clinical Oncology (ASCO) Annual MeetingApril 17, 2024 | msn.comIO Biotech (IOBT) Price Target Decreased by 11.11% to 8.16April 25, 2024 | Insider Financial (Ad)Thousands of investors use this no cost solution | Do you? In today’s volatile markets we are all looking for the edge. But imagine tapping into a world where every investment move has the potential to be ahead of the curve. Most investors have heard of the publication Insider Financial. For nearly a decade, they've unlocked doors to opportunities tucked away from the public eye, guiding over a million investors with well researched information before it hits the mainstream media.April 16, 2024 | americanbankingnews.comIO Biotech, Inc. (NASDAQ:IOBT) Sees Large Decline in Short InterestApril 15, 2024 | globenewswire.comIO Biotech Expands Senior Leadership Team to Progress Commercialization ReadinessApril 11, 2024 | investing.comIO Biotech presents cancer vaccine data at AACRApril 9, 2024 | globenewswire.comIO Biotech Presents New Data at AACR 2024 Further Supporting Dual Mechanism of Action of Lead Cancer Vaccine, IO102-IO103April 5, 2024 | globenewswire.comIO Biotech Appoints Faiçal Miyara, Ph.D., as Chief Business OfficerApril 25, 2024 | DTI (Ad)A new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… March 7, 2024 | finance.yahoo.comIO Biotech Inc (IOBT) Reports Year-End Financial Results and Progress in Clinical TrialsMarch 6, 2024 | markets.businessinsider.comBuy Recommendation for IO Biotech on Strong Data Prospects and Undervalued Stock PositionMarch 6, 2024 | morningstar.comIO Biotech Inc IOBTMarch 6, 2024 | msn.comIO Biotech GAAP EPS of -$0.40 misses by $0.02March 6, 2024 | globenewswire.comIO Biotech Announces Acceptance of Abstract to be Presented at the 2024 American Association for Cancer Research (AACR) Annual MeetingMarch 5, 2024 | investorplace.comIOBT Stock Earnings: IO Biotech Misses EPS for Q4 2023March 5, 2024 | globenewswire.comIO Biotech Announces 2023 Fourth-Quarter and Year-End ResultsFebruary 26, 2024 | globenewswire.comIO Biotech to Present at 44th Annual Cowen Health Care ConferenceFebruary 4, 2024 | msn.comWhat's Next for Iovance Biotherapeutics Stock?January 15, 2024 | finance.yahoo.comIO Biotech, Inc. (NASDAQ:IOBT) most popular amongst private equity firms who own 61% of the shares, institutions hold 24%January 3, 2024 | seekingalpha.comIO Biotech: A Phase 3 Company Getting No RespectDecember 21, 2023 | finance.yahoo.comIO Biotech Announces First Patient Dosed in Phase 2 Neoadjuvant/Adjuvant Solid Tumor Basket TrialDecember 19, 2023 | finance.yahoo.comWe're Keeping An Eye On IO Biotech's (NASDAQ:IOBT) Cash Burn RateNovember 27, 2023 | msn.comIO Biotech executive discloses purchase of 10K sharesNovember 24, 2023 | seekingalpha.comIOBT IO Biotech, Inc.November 15, 2023 | investing.comIO Biotech earnings beat, revenue was in line with estimatesNovember 15, 2023 | markets.businessinsider.comPromising Clinical Trials and Favorable Safety Profile Drives Buy Rating for IO BiotechNovember 14, 2023 | benzinga.comIO Biotech Stock (NASDAQ:IOBT) Earnings Dates and Earning CallsSee More Headlines Receive IOBT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for IO Biotech and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/05/2024Today4/24/2024Next Earnings (Estimated)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:IOBT CUSIPN/A CIK1865494 Webwww.iobiotech.com Phone45-7070-2980FaxN/AEmployees68Year FoundedN/APrice Target and Rating Average Stock Price Target$8.33 High Stock Price Target$10.00 Low Stock Price Target$7.00 Potential Upside/Downside+470.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($2.16) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-86,080,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-66.28% Return on Assets-59.61% Debt Debt-to-Equity RatioN/A Current Ratio9.37 Quick Ratio9.37 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$2.02 per share Price / Book0.72Miscellaneous Outstanding Shares65,880,000Free Float63,575,000Market Cap$96.18 million OptionableNot Optionable Beta0.50 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesDr. Mai-Britt Zocca Ph.D. (Age 56)Founder, President, CEO, Principal Financial Officer & Director Comp: $733.88kMs. Amy B. Sullivan M.B.A. (Age 54)Chief Financial Officer Comp: $391.24kProf. Inge Marie Svane M.D.Ph.D., Founder & Clinical AdvisorProf. Mads Hald Andersen M.D.Ph.D., Founder & Scientific AdvisorAnders LjungqvistFounderProf. Per Thor StratenFounderMr. Eric Faulkner M.B.A.Chief Technical OfficerMr. Devin Whittemore Smith (Age 56)Secretary, General Counsel & Chief Compliance Officer Mr. Daniel G. Mannix Ph.D.Senior Vice President of Regulatory AffairsDr. Qasim Iftikhar Ahmad M.D.Chief Medical OfficerMore ExecutivesKey CompetitorsAnixa BiosciencesNASDAQ:ANIXVaccitechNASDAQ:VACCOramed PharmaceuticalsNASDAQ:ORMPGeneluxNASDAQ:GNLXCellectar BiosciencesNASDAQ:CLRBView All CompetitorsInsiders & InstitutionsPFM Health Sciences LPBought 987,654 shares on 2/15/2024Ownership: 3.554%Armistice Capital LLCSold 224,000 shares on 2/13/2024Ownership: 2.920%Stonepine Capital Management LLCSold 309,271 shares on 2/13/2024Ownership: 2.529%Holdings A/S NovoSold 658,809 sharesTotal: $988,213.50 ($1.50/share)Brian BurkavageBought 5,000 shares on 11/21/2023Total: $4,950.00 ($0.99/share)View All Insider TransactionsView All Institutional Transactions IOBT Stock Analysis - Frequently Asked Questions Should I buy or sell IO Biotech stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IO Biotech in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" IOBT shares. View IOBT analyst ratings or view top-rated stocks. What is IO Biotech's stock price target for 2024? 3 Wall Street analysts have issued 12 month price targets for IO Biotech's shares. Their IOBT share price targets range from $7.00 to $10.00. On average, they expect the company's share price to reach $8.33 in the next twelve months. This suggests a possible upside of 470.8% from the stock's current price. View analysts price targets for IOBT or view top-rated stocks among Wall Street analysts. How have IOBT shares performed in 2024? IO Biotech's stock was trading at $1.88 at the start of the year. Since then, IOBT stock has decreased by 22.3% and is now trading at $1.46. View the best growth stocks for 2024 here. Are investors shorting IO Biotech? IO Biotech saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 68,200 shares, a decrease of 16.4% from the March 15th total of 81,600 shares. Based on an average daily trading volume, of 138,300 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are short sold. View IO Biotech's Short Interest. When is IO Biotech's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our IOBT earnings forecast. How were IO Biotech's earnings last quarter? IO Biotech, Inc. (NASDAQ:IOBT) released its quarterly earnings data on Tuesday, March, 5th. The company reported ($0.40) EPS for the quarter, missing analysts' consensus estimates of ($0.36) by $0.04. When did IO Biotech IPO? IO Biotech (IOBT) raised $111 million in an IPO on Friday, November 5th 2021. The company issued 7,150,000 shares at $14.00-$17.00 per share. How do I buy shares of IO Biotech? Shares of IOBT 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:IOBT) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersHe Is Giving Away BitcoinCrypto Swap ProfitsBitcoin Rockets To Record High But Buy THIS InsteadParadigm Presstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyThe #1 Crypto for 2024InvestorPlaceFed launches fourth dollar overhaulStansberry ResearchGreat Crypto BullWeiss RatingsExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersNew Trump BombshellThe Freeport Society Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding IO Biotech, Inc. 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