
IO Biotech (IOBT) Stock Forecast & Price Target
IO Biotech (IOBT) Analyst Ratings
Bulls say
IO Biotech Inc. is positioning itself favorably within the biopharmaceutical market by advancing its Cylembio + pembro combination therapy, which has shown promising efficacy and may expand T-cell responses significantly, thus enhancing its immune-modulatory mechanism of action. With revenue projections from potential European partnerships expected to grow from $6.1 million to $88.3 million between fiscal years 2027 and 2032, there is substantial financial upside anticipated from successful launches in advanced melanoma. Additionally, the unwavering commitment to ongoing Phase 2 trials and the positive regulatory landscape surrounding similar treatments further bolster confidence in the company's future performance and market presence.
Bears say
The financial outlook for IO Biotech Inc appears increasingly negative due to several key factors, including a significant drop in the valuation methodology that has adjusted the price target from $10 per share to $3 per share. The company's transition from near-term regulatory review to planning a new pivotal trial has directly impacted the probability of success (POS) estimates, reducing expectations for 1L melanoma from 50% to 30% and for other indications as well. Additionally, the firm faces substantial risks including potential safety signals, lower-than-expected clinical efficacy, the necessity for approximately $400 million in further financing through 2037, and the threat of de-listing if share prices fall below $1, all contributing to a precarious financial position.
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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