Missedย NVDA?
Donโt Miss the Next One.
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ for free.
Home โบ Stocks โบ Igm Biosciences Inc. (IGMS) Stock Forecast & Price Prediction United States | NASDAQ | Healthcare | Biotechnology
$1.27
+0.00 (0.00%)Did IGMS Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if IGM Biosciences is one of their latest high-conviction picks.
Based on our analysis of 15 Wall Street analysts, IGMS has a neutral consensus with a median price target of $1.12 (ranging from $1.00 to $1.25). The overall analyst rating is Buy (6.0/10). Currently trading at $1.27, the median forecast implies a -11.5% downside. This outlook is supported by 0 Buy, 3 Hold, and 0 Sell ratings.
Conversely, the most conservative target is provided by Asthika Goonewardene at Truist Securities, suggesting a 21.3% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for IGMS.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jun 11, 2025 | Truist Securities | Asthika Goonewardene | Hold | Maintains | $1.00 |
| Jan 13, 2025 | JP Morgan | Eric Joseph | Neutral | Upgrade | $N/A |
| Jan 10, 2025 | RBC Capital | Brian Abrahams | Sector Perform | Downgrade | $1.50 |
| Jan 10, 2025 | Stifel | Stephen Willey | Hold | Downgrade | $2.50 |
| Jan 10, 2025 | Truist Securities | Asthika Goonewardene | Hold | Maintains | $2.00 |
| Jan 10, 2025 | BMO Capital | Etzer Darout | Market Perform | Downgrade | $2.00 |
| Jan 10, 2025 | Jefferies | Roger Song | Hold | Downgrade | $2.00 |
| Dec 6, 2024 | BMO Capital | Etzer Darout | Outperform | Initiates | $21.00 |
| Nov 11, 2024 | Stifel | Stephen Willey | Buy | Maintains | $27.00 |
| Oct 18, 2024 | RBC Capital | Brian Abrahams | Outperform | Maintains | $20.00 |
| Oct 1, 2024 | Truist Securities | Asthika Goonewardene | Hold | Downgrade | $12.00 |
| Oct 1, 2024 | Wedbush | Robert Driscoll | Outperform | Maintains | $22.00 |
| Oct 1, 2024 | Guggenheim | Buy | Maintains | $20.00 | |
| Oct 1, 2024 | RBC Capital | Brian Abrahams | Outperform | Maintains | $17.00 |
| Oct 1, 2024 | JP Morgan | Eric Joseph | Underweight | Downgrade | $9.00 |
| Sep 5, 2024 | HC Wainwright & Co. | Robert Burns | Neutral | Maintains | $11.00 |
| Aug 23, 2024 | Truist Securities | Asthika Goonewardene | Buy | Maintains | $24.00 |
| Aug 15, 2024 | JP Morgan | Eric Joseph | Neutral | Maintains | $12.00 |
| Aug 15, 2024 | Wedbush | Robert Driscoll | Outperform | Maintains | $25.00 |
| Aug 15, 2024 | RBC Capital | Brian Abrahams | Outperform | Reiterates | $20.00 |
The following stocks are similar to IGM Biosciences based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Igm Biosciences Inc. has a market capitalization of $77.17M with a P/E ratio of -0.4x. The company generates $145.05M in trailing twelve-month revenue with a -36.8% profit margin.
Revenue growth is +11,353.2% quarter-over-quarter, while maintaining an operating margin of +90.7% and return on equity of -47.8%.
97% of Analyst Ratings Go Nowhere
We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings โ tracked and updated every Monday and Thursday.
Develops innovative immuno-oncology therapies.
The company develops, manufactures, and commercializes advanced immuno-oncology therapies, focusing on exclusive IgM antibodies that offer enhanced binding capabilities compared to traditional IgG antibodies. Revenue is generated through the sale of these therapies, as well as potential partnerships and collaborations within the pharmaceutical sector.
Igm Biosciences is headquartered in Mountain View, California, and is committed to addressing unmet medical needs in cancer treatment. The firm is engaged in pioneering antibody research, striving to improve patient outcomes through its next-generation antibody treatments designed to harness the body's immune system.
Healthcare
Biotechnology
54
Ms. Mary Beth Harler M.D.
United States
N/A
IGM Biosciences, Inc. (IGMS) reported quarterly earnings of $1.58 per share, surpassing the Zacks Consensus Estimate of a $0.30 loss, an improvement from a loss of $0.79 per share last year.
IGM Biosciences' earnings beat expectations and show significant improvement from last year, signaling strong performance and potential growth, which can positively influence investor sentiment and stock valuation.
IGM Biosciences will be acquired by Concentra Biosciences for $1.247 per share plus a contingent value right linked to future cash and asset sales.
The merger offers IGM shareholders immediate cash and potential future value from product sales, impacting stock valuations and investor sentiment in the biotech sector.
Halper Sadeh LLC is investigating the fairness of IGM Biosciences' sale to Concentra Biosciences, offering $1.247 per share plus contingent value rights for shareholders.
The investigation into IGM Biosciences' sale could impact share value, reflecting concerns over the fairness of the deal and potential future payouts for shareholders.
IGM Biosciences (IGMS) reported a quarterly loss of $0.86 per share, exceeding the estimated loss of $0.41 and up from a loss of $0.83 per share a year earlier.
IGM Biosciences' larger-than-expected quarterly loss signals potential operational issues, affecting investor confidence and possibly leading to stock price volatility.
IGM Biosciences (IGMS) is expected to report earnings that may exceed analysts' forecasts, based on key performance indicators. Investors should prepare for the upcoming report.
IGM Biosciences may exceed earnings expectations, potentially boosting its stock price and attracting investor interest in the upcoming report.
IGM Biosciences (IGMS) is currently considered oversold, suggesting reduced selling pressure, with analysts revising earnings estimates higher, indicating a potential trend reversal.
IGM Biosciences shows signs of an oversold condition, suggesting reduced selling pressure, while analyst upgrades in earnings forecasts may signal a potential price rebound ahead.
Based on our analysis of 15 Wall Street analysts, Igm Biosciences Inc. (IGMS) has a median price target of $1.12. The highest price target is $1.25 and the lowest is $1.00.
According to current analyst ratings, IGMS has 0 Buy ratings, 3 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.27. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict IGMS stock could reach $1.12 in the next 12 months. This represents a -11.5% decrease from the current price of $1.27. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company develops, manufactures, and commercializes advanced immuno-oncology therapies, focusing on exclusive IgM antibodies that offer enhanced binding capabilities compared to traditional IgG antibodies. Revenue is generated through the sale of these therapies, as well as potential partnerships and collaborations within the pharmaceutical sector.
The highest price target for IGMS is $1.25 from at , which represents a -1.8% decrease from the current price of $1.27.
The lowest price target for IGMS is $1.00 from Asthika Goonewardene at Truist Securities, which represents a -21.3% decrease from the current price of $1.27.
The overall analyst consensus for IGMS is neutral. Out of 15 Wall Street analysts, 0 rate it as Buy, 3 as Hold, and 0 as Sell, with a median price target of $1.12.
Stock price projections, including those for Igm Biosciences Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.