Immuneering Corporation (NASDAQ:IMRX) Receives Consensus Rating of “Moderate Buy” from Analysts

Immuneering Corporation (NASDAQ:IMRXGet Free Report) has been assigned an average rating of “Moderate Buy” from the eight analysts that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $16.50.

Several equities research analysts have recently weighed in on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Immuneering in a research report on Monday, December 29th. Wall Street Zen cut shares of Immuneering from a “hold” rating to a “sell” rating in a research note on Saturday, December 20th. Needham & Company LLC increased their price target on shares of Immuneering from $8.00 to $11.00 and gave the company a “buy” rating in a report on Monday, September 15th. Mizuho set a $12.00 price target on shares of Immuneering in a research report on Wednesday, October 29th. Finally, Chardan Capital restated a “buy” rating and set a $20.00 price objective on shares of Immuneering in a report on Thursday, November 13th.

View Our Latest Stock Analysis on IMRX

Institutional Investors Weigh In On Immuneering

Institutional investors have recently bought and sold shares of the business. Sanofi acquired a new position in shares of Immuneering in the 3rd quarter valued at $18,960,000. Vanguard Group Inc. lifted its stake in Immuneering by 128.5% during the third quarter. Vanguard Group Inc. now owns 2,415,244 shares of the company’s stock worth $16,907,000 after purchasing an additional 1,358,322 shares during the period. Citadel Advisors LLC bought a new position in Immuneering during the third quarter worth about $6,602,000. Blue Owl Capital Holdings LP acquired a new stake in Immuneering during the third quarter valued at approximately $3,850,000. Finally, Monashee Investment Management LLC bought a new stake in shares of Immuneering in the 3rd quarter valued at approximately $2,100,000. Institutional investors and hedge funds own 67.65% of the company’s stock.

Immuneering Stock Up 1.7%

Shares of Immuneering stock opened at $6.72 on Wednesday. Immuneering has a 12-month low of $1.10 and a 12-month high of $10.08. The stock has a 50 day moving average price of $6.62 and a two-hundred day moving average price of $5.72. The stock has a market capitalization of $433.91 million, a P/E ratio of -3.78 and a beta of 0.48.

Immuneering (NASDAQ:IMRXGet Free Report) last announced its earnings results on Wednesday, November 12th. The company reported ($0.38) EPS for the quarter, missing the consensus estimate of ($0.37) by ($0.01). Sell-side analysts anticipate that Immuneering will post -1.86 earnings per share for the current year.

About Immuneering

(Get Free Report)

Immuneering (Nasdaq: IMRX) is a clinical-stage biopharmaceutical company leveraging artificial intelligence and its proprietary RABIT (Repurposing and Accelerating Biotechnology Tools) platform to design and optimize small-molecule and peptide therapies. By analyzing large-scale biomedical datasets, Immuneering’s machine learning algorithms identify novel drug–target interactions, repurpose existing drug scaffolds and accelerate lead candidate selection. The company’s AI-driven approach aims to reduce development timelines and improve therapeutic profiles in areas of high unmet medical need.

The company’s lead program, IRX-2, is a small-molecule candidate currently in Phase 2 clinical trials for the treatment of painful diabetic peripheral neuropathy.

Further Reading

Analyst Recommendations for Immuneering (NASDAQ:IMRX)

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