
IO Biotech (IOBT) Stock Forecast & Price Target
IO Biotech (IOBT) Analyst Ratings
Bulls say
IO Biotech Inc. is positioned positively due to its strong Phase 3 data and the promising efficacy of its Cylembio + pembro combination therapy, which demonstrated significant immune-modulatory effects that could enhance treatment outcomes in cancer patients, particularly those with advanced melanoma and squamous cell carcinoma. The company anticipates modest royalty revenues from a potential partnership on Cylembio, escalating from $6.1M in FY27 to $88.3M by FY32, signifying a robust revenue growth trajectory as market entry approaches. Furthermore, ongoing clinical trials and a strategic commitment to advancing pipeline programs, despite cost-saving measures, indicate the company's dedication to realizing its growth potential in the biopharmaceutical sector.
Bears say
The analysis indicates a significantly negative outlook for IO Biotech Inc due to a substantial decrease in the projected price target, which was lowered from $10 to $3 per share based on a consistent valuation methodology. The company's shift from an impending regulatory review to the planning of a new pivotal trial has led to a downgrade in the probability of success for key cancer treatment programs, particularly a reduction in the probability of success for 1L melanoma and 1L non-small cell lung cancer. Additionally, financial concerns are highlighted by the requirement for approximately $400 million in additional financing through 2037 and risks associated with potential 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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