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Iovance Biotherapeutics (IOVA) Projected to Post Quarterly Earnings on Thursday

Iovance Biotherapeutics logo with Medical background

Iovance Biotherapeutics (NASDAQ:IOVA - Get Free Report) is anticipated to release its earnings data before the market opens on Thursday, February 27th. Analysts expect Iovance Biotherapeutics to post earnings of ($0.26) per share and revenue of $72.17 million for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

Iovance Biotherapeutics Stock Up 3.0 %

Shares of IOVA stock traded up $0.17 on Friday, reaching $5.78. The company's stock had a trading volume of 10,884,741 shares, compared to its average volume of 8,530,247. The company has a market capitalization of $1.76 billion, a P/E ratio of -3.88 and a beta of 0.53. Iovance Biotherapeutics has a 12-month low of $5.05 and a 12-month high of $18.33. The stock's 50 day simple moving average is $6.48 and its 200-day simple moving average is $8.71.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on IOVA. HC Wainwright reiterated a "buy" rating and set a $32.00 price target on shares of Iovance Biotherapeutics in a research report on Wednesday, November 6th. UBS Group initiated coverage on shares of Iovance Biotherapeutics in a research report on Thursday, October 24th. They set a "buy" rating and a $17.00 target price for the company. Finally, Piper Sandler decreased their price target on shares of Iovance Biotherapeutics from $10.00 to $7.50 and set a "neutral" rating on the stock in a report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $21.07.

Read Our Latest Stock Analysis on Iovance Biotherapeutics

About Iovance Biotherapeutics

(Get Free Report)

Iovance Biotherapeutics, Inc, a commercial-stage biotechnology company, develops and commercializes cell therapies using autologous tumor infiltrating lymphocyte for the treatment of metastatic melanoma and other solid tumor cancers in the United States. The company offers Amtagvi, a tumor-derived autologous T cell immunotherapy used to treat adult patients with unresectable or metastatic melanoma; and Proleukin, an interleukin-2 product for the treatment of patients with metastatic renal cell carcinoma.

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Earnings History for Iovance Biotherapeutics (NASDAQ:IOVA)

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