
IO Biotech (IOBT) Stock Forecast & Price Target
IO Biotech (IOBT) Analyst Ratings
Bulls say
IO Biotech Inc. is poised for growth with the anticipated launch of its immune-modulating cancer vaccine, Cylembio, projected in the EU for advanced melanoma in 2027, complemented by expected royalty revenues increasing from $6.1 million in FY27 to $88.3 million by FY32. The company has demonstrated promising efficacy in ongoing clinical trials, notably achieving an objective response rate (ORR) of 44.4% with improved progression-free survival (mPFS) in specific patient cohorts, indicating potential for stronger regulatory approval outcomes similar to that of Opdualag. Additionally, IO Biotech's commitment to advancing its Phase 2 clinical trials in squamous cell carcinoma and other cancer types, despite ongoing cost-saving measures, underscores the strength of its development pipeline and strategic positioning within the biopharmaceutical sector.
Bears say
IO Biotech's valuation has significantly declined due to a shift from a near-term regulatory review to the planning stage for a large pivotal trial, leading to a reduced price target of $3 per share from $10. The company's probability of success (POS) for key product candidates has been downgraded, with melanoma reduced to 30% from 50%, and head and neck and non-small cell lung cancer indications lowered to 5% from 10%. Additionally, various risks, including the need for substantial financing, regulatory concerns, and the possibility of de-listing, contribute to a negative outlook for the company's stock.
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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