Immunovant (IMVT) Stock Price, News & Analysis

$27.17
-0.58 (-2.09%)
(As of 04/26/2024 08:52 PM ET)
Today's Range
$26.97
$27.97
50-Day Range
$27.17
$38.36
52-Week Range
$15.90
$45.58
Volume
1.41 million shs
Average Volume
1.22 million shs
Market Capitalization
$3.95 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$48.00

Immunovant MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
76.7% Upside
$48.00 Price Target
Short Interest
Healthy
14.08% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.86mentions of Immunovant in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$2.42 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($1.70) to ($1.82) 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.

3.21 out of 5 stars

Medical Sector

326th out of 915 stocks

Biological Products, Except Diagnostic Industry

40th out of 147 stocks

IMVT stock logo

About Immunovant Stock (NASDAQ:IMVT)

Immunovant, Inc., a clinical-stage biopharmaceutical company, develops monoclonal antibodies for the treatment of autoimmune diseases. It develops batoclimab, a novel fully human monoclonal antibody that target the neonatal fragment crystallizable receptor for the treatment of myasthenia gravis, thyroid eye disease, chronic inflammatory demyelinating polyneuropathy, and Graves diseases, as well as warm autoimmune hemolytic anemia. The company is headquartered in New York, New York. Immunovant, Inc. operates as a subsidiary of Roivant Sciences Ltd.

IMVT Stock Price History

IMVT Stock News Headlines

The “Next Bitcoin”? 10 CENT Crypto Set to Explode
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
The “Next Bitcoin”? 10 CENT Crypto Set to Explode
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
Should You Hold Immunovant (IMVT)?
Immunovant CFO sells shares worth over $350k
Immunovant is Now Oversold (IMVT)
Immunovant Awarded U.S. Patent for IMVT-1402
IMVT Jul 2024 30.000 call
IMVT Mar 2024 40.000 call
IMVT Mar 2024 32.000 call
IMVT Apr 2024 45.000 put
See More Headlines
Receive IMVT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Immunovant and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/12/2024
Today
4/28/2024
Next Earnings (Estimated)
5/27/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:IMVT
Fax
N/A
Employees
164
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$48.00
High Stock Price Target
$57.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+76.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
17 Analysts

Profitability

Net Income
$-210,960,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$2.78 per share

Miscellaneous

Free Float
138,319,000
Market Cap
$3.95 billion
Optionable
Optionable
Beta
0.65
Beginners Guide To Retirement Stocks Cover

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report

Key Executives


IMVT Stock Analysis - Frequently Asked Questions

Should I buy or sell Immunovant stock right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Immunovant in the last twelve months. There are currently 17 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IMVT shares.
View IMVT analyst ratings
or view top-rated stocks.

What is Immunovant's stock price target for 2024?

17 Wall Street analysts have issued 1-year price objectives for Immunovant's shares. Their IMVT share price targets range from $32.00 to $57.00. On average, they predict the company's stock price to reach $48.00 in the next twelve months. This suggests a possible upside of 76.7% from the stock's current price.
View analysts price targets for IMVT
or view top-rated stocks among Wall Street analysts.

How have IMVT shares performed in 2024?

Immunovant's stock was trading at $42.13 at the beginning of the year. Since then, IMVT stock has decreased by 35.5% and is now trading at $27.17.
View the best growth stocks for 2024 here
.

Are investors shorting Immunovant?

Immunovant saw a decline in short interest in April. As of April 15th, there was short interest totaling 8,510,000 shares, a decline of 5.7% from the March 31st total of 9,020,000 shares. Based on an average trading volume of 1,150,000 shares, the days-to-cover ratio is presently 7.4 days. Currently, 14.1% of the company's shares are short sold.
View Immunovant's Short Interest
.

When is Immunovant's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 27th 2024.
View our IMVT earnings forecast
.

How were Immunovant's earnings last quarter?

Immunovant, Inc. (NASDAQ:IMVT) released its quarterly earnings data on Monday, February, 12th. The company reported ($0.36) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.43) by $0.07.

What ETFs hold Immunovant's stock?
What other stocks do shareholders of Immunovant own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Immunovant investors own include Salesforce (CRM), NVIDIA (NVDA), Advanced Micro Devices (AMD), Walt Disney (DIS), Fulcrum Therapeutics (FULC), Myovant Sciences (MYOV), Alibaba Group (BABA), Inovio Pharmaceuticals (INO), JD.com (JD) and Johnson & Johnson (JNJ).

Who are Immunovant's major shareholders?

Immunovant's stock is owned by a variety of institutional and retail investors. Top institutional investors include WCM Investment Management LLC (0.12%), Assenagon Asset Management S.A. (0.07%), Allspring Global Investments Holdings LLC (0.04%), Simplex Trading LLC (0.00%) and Los Angeles Capital Management LLC (0.01%). Insiders that own company stock include Atul Pande, Douglas J Hughes, Eva Renee Barnett, Frank Torti, George V Migausky, Jay S Stout, Julia G Butchko, Mark S Levine, Michael Geffner, Peter Salzmann, Sciences Ltd Roivant and William L Macias.
View institutional ownership trends
.

How do I buy shares of Immunovant?

Shares of IMVT 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:IMVT) was last updated on 4/29/2024 by MarketBeat.com Staff

From Our Partners