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Wedbush Issues Positive Estimate for Immunome Earnings

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Immunome, Inc. (NASDAQ:IMNM - Free Report) - Research analysts at Wedbush boosted their Q1 2025 earnings per share (EPS) estimates for shares of Immunome in a report released on Wednesday, March 19th. Wedbush analyst D. Nierengarten now forecasts that the company will earn ($0.51) per share for the quarter, up from their previous estimate of ($0.72). Wedbush currently has a "Outperform" rating and a $33.00 target price on the stock. The consensus estimate for Immunome's current full-year earnings is ($2.21) per share. Wedbush also issued estimates for Immunome's Q2 2025 earnings at ($0.44) EPS, Q3 2025 earnings at ($0.45) EPS, Q4 2025 earnings at ($0.46) EPS, FY2025 earnings at ($1.86) EPS, FY2026 earnings at ($1.80) EPS and FY2027 earnings at ($1.35) EPS.

A number of other equities analysts have also recently commented on the company. Lifesci Capital began coverage on Immunome in a research note on Tuesday, March 11th. They issued an "outperform" rating and a $20.00 price target on the stock. Guggenheim cut their target price on shares of Immunome from $35.00 to $25.00 and set a "buy" rating on the stock in a report on Thursday, March 20th. Finally, Stephens reiterated an "overweight" rating and set a $30.00 price target on shares of Immunome in a report on Thursday, March 20th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $25.50.

Read Our Latest Report on Immunome

Immunome Price Performance

Immunome stock traded down $0.78 during mid-day trading on Monday, hitting $7.38. The company's stock had a trading volume of 607,317 shares, compared to its average volume of 827,029. The business has a 50 day moving average price of $9.72 and a 200-day moving average price of $11.49. Immunome has a 12 month low of $8.12 and a 12 month high of $26.70. The stock has a market cap of $641.26 million, a price-to-earnings ratio of -0.92 and a beta of 1.93.

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Immunome (NASDAQ:IMNM - Get Free Report) last announced its quarterly earnings data on Wednesday, March 19th. The company reported ($0.84) earnings per share for the quarter, missing analysts' consensus estimates of ($0.68) by ($0.16). Immunome had a negative return on equity of 48.63% and a negative net margin of 3,014.59%. The business had revenue of $2.74 million during the quarter, compared to the consensus estimate of $3.07 million.

Insider Activity at Immunome

In related news, CEO Clay B. Siegall purchased 150,000 shares of the firm's stock in a transaction that occurred on Friday, January 31st. The stock was bought at an average cost of $7.75 per share, with a total value of $1,162,500.00. Following the completion of the purchase, the chief executive officer now directly owns 669,636 shares in the company, valued at approximately $5,189,679. This represents a 28.87 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 8.60% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in IMNM. BNP Paribas Financial Markets bought a new stake in shares of Immunome during the fourth quarter valued at approximately $70,000. KLP Kapitalforvaltning AS purchased a new position in Immunome during the fourth quarter valued at $75,000. AlphaQuest LLC boosted its holdings in shares of Immunome by 786,700.0% during the 4th quarter. AlphaQuest LLC now owns 7,868 shares of the company's stock valued at $84,000 after buying an additional 7,867 shares in the last quarter. Tower Research Capital LLC TRC grew its position in shares of Immunome by 482.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 8,608 shares of the company's stock worth $91,000 after buying an additional 7,129 shares during the period. Finally, Aquatic Capital Management LLC bought a new position in shares of Immunome in the 4th quarter worth about $95,000. Hedge funds and other institutional investors own 44.58% of the company's stock.

About Immunome

(Get Free Report)

Immunome, Inc, a biotechnology company, develops targeted cancer therapies. The company's clinical asset comprises AL102, an investigational gamma secretase inhibitor currently in evaluation in a Phase 3 trial for the treatment of desmoid tumors; and preclinical assets consist of IM-1021, a receptor tyrosine kinase-like orphan receptor 1 and antibody-drug conjugates, as well as IM-3050, a fibroblast activation protein targeted radioligand therapy; and IM-4320, an anti-IL-38 immunotherapy candidate.

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Earnings History and Estimates for Immunome (NASDAQ:IMNM)

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