
Iovance Biotherapeutics (IOVA) Stock Forecast & Price Target
Iovance Biotherapeutics (IOVA) Analyst Ratings
Bulls say
Iovance Biotherapeutics Inc. is poised for a positive outlook as it prepares for potential U.S. regulatory approvals of its innovative autologous T-cell therapy, aimed at treating solid tumor cancers. The company's recent quarterly financial metrics highlighted significant topline growth, with $48.9 million in revenues, driven by enhanced manufacturing efficiencies and improved patient retention rates. Additionally, the centralization of manufacturing operations, expected to occur in early 2026, is anticipated to further optimize costs and improve profit margins, positioning the company favorably within the competitive biopharmaceutical landscape.
Bears say
Iovance Biotherapeutics Inc. reported a net loss of $157 million for the second quarter of 2024, significantly widening from a loss of $70.8 million during the same period the previous year, resulting in a substantially negative earnings per share of ($1.21). The company faces substantial regulatory risks, as potential failure to secure approval for its therapies beyond post-checkpoint melanoma could lead to downward revisions of financial projections and price targets. Additionally, clinical risks associated with modest efficacy in melanoma or other cancer types, as well as the emergence of rare side effects from therapies, further contribute to a negative outlook for the stock.
This aggregate rating is based on analysts' research of Iovance Biotherapeutics and is not a guaranteed prediction by Public.com or investment advice.
Iovance Biotherapeutics (IOVA) Analyst Forecast & Price Prediction
Start investing in Iovance Biotherapeutics (IOVA)
Order type
Buy in
Order amount
Est. shares
0 shares