
IO Biotech (IOBT) Stock Forecast & Price Target
IO Biotech (IOBT) Analyst Ratings
Bulls say
IO Biotech Inc is positioned favorably due to its clinical advancements and robust pipeline, particularly with the promising results from the Cylembio + pembro combination, which has demonstrated enhanced T-cell responses that fortify its immune-modulatory mechanism of action. The projected revenue growth from modest royalty streams, estimated to increase from $6.1 million to $88.3 million between FY27 and FY32, underscores the company's potential for success in the European market following a planned launch for advanced melanoma. Furthermore, ongoing Phase 2 trials in multiple cancer indications reflect IO Biotech's commitment to progress despite cost-saving measures, indicating a strategic focus on long-term value creation through clinical development.
Bears say
IO Biotech’s stock outlook has turned negative primarily due to the delay in regulatory review, which has shifted focus towards planning a large pivotal trial rather than advancing its product candidates, leading to a significant price target reduction from $10 to $3 per share. The probability of success (POS) for its 1L melanoma treatment has been reduced to 30% from 50%, and the POS for 1L head and neck (H&N) and 1L non-small cell lung cancer (NSCLC) has decreased to 5% from 10%, reflecting heightened concerns regarding the efficacy and safety of its clinical programs. Additionally, the company faces considerable risks such as the necessity for approximately $400 million in additional financing through 2037, potential de-listing if share prices fall below $1, and escalating commercial competition, all contributing to a diminished growth outlook.
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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