NASDAQ:IOBT

IO Biotech (IOBT) Stock Price, News & Analysis

$1.48
-0.05 (-3.27%)
(As of 05/3/2024 08:52 PM ET)
Today's Range
$1.48
$1.58
50-Day Range
$1.42
$1.82
52-Week Range
$0.82
$2.64
Volume
38,600 shs
Average Volume
125,629 shs
Market Capitalization
$97.50 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.33

IO Biotech MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
463.1% Upside
$8.33 Price Target
Short Interest
Healthy
0.15% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.45mentions of IO Biotech in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$988,214 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.41) to ($1.36) 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.

3.55 out of 5 stars

Medical Sector

250th out of 904 stocks

Pharmaceutical Preparations Industry

108th out of 423 stocks

IOBT stock logo

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.

IOBT Stock Price History

IOBT Stock News Headlines

Never use this word on your phone (FBI could be watching)
This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...
IO Biotech presents cancer vaccine data at AACR
Never use this word on your phone (FBI could be watching)
This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...
IO Biotech Inc IOBT
IO Biotech: A Phase 3 Company Getting No Respect
IOBT IO Biotech, Inc.
See More Headlines
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Company Calendar

Last Earnings
3/05/2024
Today
5/06/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:IOBT
Fax
N/A
Employees
68
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.33
High Stock Price Target
$10.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+463.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-86,080,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$2.02 per share

Miscellaneous

Free Float
63,575,000
Market Cap
$97.50 million
Optionable
Not Optionable
Beta
0.55
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Key Executives

  • Dr. Mai-Britt Zocca Ph.D. (Age 56)
    Founder, President, CEO, Principal Financial Officer & Director
    Comp: $733.88k
  • Ms. Amy B. Sullivan M.B.A. (Age 54)
    Chief Financial Officer
    Comp: $391.24k
  • Prof. Inge Marie Svane M.D.
    Ph.D., Founder & Clinical Advisor
  • Prof. Mads Hald Andersen M.D.
    Ph.D., Founder & Scientific Advisor
  • Anders Ljungqvist
    Founder
  • Prof. Per Thor Straten
    Founder
  • Mr. Eric Faulkner M.B.A.
    Chief Technical Officer
  • Mr. Devin Whittemore Smith (Age 56)
    Secretary, General Counsel & Chief Compliance Officer
  • Mr. Daniel G. Mannix Ph.D.
    Senior Vice President of Regulatory Affairs
  • Dr. Qasim Iftikhar Ahmad M.D.
    Chief Medical Officer

IOBT Stock Analysis - Frequently Asked Questions

Should I buy or sell IO Biotech stock right now?

3 Wall Street equities 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 equities 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 brokerages have issued 1-year price targets for IO Biotech's stock. 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 year. This suggests a possible upside of 463.1% 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 on January 1st, 2024. Since then, IOBT shares have decreased by 21.3% and is now trading at $1.48.
View the best growth stocks for 2024 here
.

Are investors shorting IO Biotech?

IO Biotech saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 61,800 shares, a decline of 9.4% from the March 31st total of 68,200 shares. Based on an average trading volume of 133,900 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the company's stock are sold short.
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 results 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 initial public offering on Friday, November 5th 2021. The company issued 7,150,000 shares at a price of $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 5/6/2024 by MarketBeat.com Staff

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