
IO Biotech (IOBT) Stock Forecast & Price Target
IO Biotech (IOBT) Analyst Ratings
Bulls say
IO Biotech Inc is advancing its clinical-stage product, Cylembio, with strong Phase 3 data supporting its potential for commercialization, indicating a favorable outlook for future partnerships. Despite implementing cost-saving measures, the company remains dedicated to progressing its ongoing Phase 2 trials in various cancer settings, which could enhance its market viability. Additionally, the forthcoming data expected in the second half of 2025 and presented in early 2026 could provide critical insights that may further bolster investor confidence and the company's growth trajectory.
Bears say
IO Biotech's outlook has been downgraded from a previous Buy rating to Neutral due to the shift from an anticipated near-term regulatory review to the planning of a new large pivotal trial, which raises concerns about the timeline for potential market entry. The probability of success (POS) for key indications, specifically 1L melanoma, has been reduced from 50% to 30%, while the POS for both 1L head and neck (H&N) and 1L non-small cell lung cancer (NSCLC) has been halved from 10% to 5%, indicating increased uncertainty regarding the pipeline's effectiveness. Additionally, the company faces significant financial challenges, requiring approximately $400 million in further financing through 2037, diminishing its cash runway and increasing the risks of de-listing if share prices fall below $1.
This aggregate rating is based on analysts' research of IO Biotech and is not a guaranteed prediction by Public.com or investment advice.
IO Biotech (IOBT) Analyst Forecast & Price Prediction
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