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Q1 EPS Estimates for iTeos Therapeutics Lifted by Wedbush

iTeos Therapeutics logo with Medical background
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iTeos Therapeutics, Inc. (NASDAQ:ITOS - Free Report) - Research analysts at Wedbush increased their Q1 2025 earnings per share estimates for shares of iTeos Therapeutics in a research report issued on Wednesday, March 5th. Wedbush analyst D. Nierengarten now anticipates that the company will post earnings per share of ($0.68) for the quarter, up from their prior estimate of ($0.79). Wedbush has a "Outperform" rating and a $25.00 price objective on the stock. The consensus estimate for iTeos Therapeutics' current full-year earnings is ($3.49) per share. Wedbush also issued estimates for iTeos Therapeutics' Q2 2025 earnings at ($0.80) EPS, Q3 2025 earnings at ($0.77) EPS, Q4 2025 earnings at ($0.83) EPS, FY2025 earnings at ($3.09) EPS, FY2026 earnings at ($3.95) EPS, FY2027 earnings at ($4.63) EPS and FY2028 earnings at ($4.32) EPS.

iTeos Therapeutics (NASDAQ:ITOS - Get Free Report) last posted its quarterly earnings results on Wednesday, March 5th. The company reported ($1.01) earnings per share for the quarter, topping analysts' consensus estimates of ($1.14) by $0.13.

Other equities analysts have also issued research reports about the company. JPMorgan Chase & Co. lowered their price objective on iTeos Therapeutics from $22.00 to $15.00 and set an "overweight" rating on the stock in a research note on Thursday, March 6th. Wells Fargo & Company lowered their price target on shares of iTeos Therapeutics from $19.00 to $17.00 and set an "overweight" rating on the stock in a research report on Thursday, March 6th. Finally, HC Wainwright reissued a "buy" rating and issued a $46.00 price objective on shares of iTeos Therapeutics in a report on Thursday, March 6th.

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iTeos Therapeutics Stock Up 6.5 %

Shares of iTeos Therapeutics stock traded up $0.46 on Monday, hitting $7.52. 671,594 shares of the company were exchanged, compared to its average volume of 453,291. The company has a 50-day moving average price of $7.50 and a 200 day moving average price of $9.20. The stock has a market capitalization of $287.22 million, a price-to-earnings ratio of -2.39 and a beta of 1.38. iTeos Therapeutics has a 1-year low of $6.67 and a 1-year high of $18.75.

Hedge Funds Weigh In On iTeos Therapeutics

Large investors have recently modified their holdings of the business. Algert Global LLC lifted its position in iTeos Therapeutics by 92.0% in the third quarter. Algert Global LLC now owns 256,139 shares of the company's stock valued at $2,615,000 after buying an additional 122,730 shares during the last quarter. State Street Corp lifted its holdings in shares of iTeos Therapeutics by 21.9% in the 3rd quarter. State Street Corp now owns 1,175,353 shares of the company's stock worth $12,000,000 after acquiring an additional 211,452 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of iTeos Therapeutics by 1.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 467,319 shares of the company's stock worth $4,771,000 after purchasing an additional 5,368 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in iTeos Therapeutics by 3.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 222,135 shares of the company's stock valued at $2,268,000 after purchasing an additional 8,397 shares during the last quarter. Finally, Readystate Asset Management LP raised its position in iTeos Therapeutics by 97.2% in the third quarter. Readystate Asset Management LP now owns 169,819 shares of the company's stock valued at $1,734,000 after purchasing an additional 83,700 shares during the period. Institutional investors and hedge funds own 97.16% of the company's stock.

About iTeos Therapeutics

(Get Free Report)

iTeos Therapeutics, Inc is a clinical-stage biopharmaceutical company, which engages in the discovery and development of a new generation of immuno-oncology therapeutics for people living with cancer. Its pipeline includes EOS-448, Inupadenant, and EOS-984. The company was founded by Michel Detheux in April 2012 and is headquartered in Watertown, MA.

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