Immunome Inc (NASDAQ:IMNM)’s 12-Month Price Target Is Now Set At 35.

In last trading session, Immunome Inc (NASDAQ:IMNM) saw 0.38 million shares changing hands with its beta currently measuring 1.80. Company’s recent per share price level of $13.53 trading at -$0.42 or -3.01% at ring of the bell on the day assigns it a market valuation of $812.48M. That closing price of IMNM’s stock is at a discount of -128.82% from its 52-week high price of $30.96 and is indicating a premium of 54.69% from its 52-week low price of $6.13. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.64 million shares which gives us an average trading volume of 925.93K if we extend that period to 3-months.

For Immunome Inc (IMNM), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.51 in the current quarter.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Immunome Inc (NASDAQ:IMNM) trade information

Upright in the red during last session for losing -3.01%, in the last five days IMNM remained trading in the green while hitting it’s week-highest on Thursday, 08/15/24 when the stock touched $13.53 price level, adding 5.71% to its value on the day. Immunome Inc’s shares saw a change of 26.45% in year-to-date performance and have moved 4.72% in past 5-day. Immunome Inc (NASDAQ:IMNM) showed a performance of -1.31% in past 30-days. Number of shares sold short was 13.78 million shares which calculate 22.31 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 33 to the stock, which implies a rise of 59.0% to its current value. Analysts have been projecting 23 as a low price target for the stock while placing it at a high target of 35. It follows that stock’s current price would drop -69.99% in reaching the projected high whereas dropping to the targeted low would mean a loss of -69.99% for stock’s current value.

Immunome Inc (IMNM) estimates and forecasts

Statistics highlight that Immunome Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -39.92% of value to its shares in past 6 months, showing an annual growth rate of -210.69% while that of industry is 17.60. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -44.90% from the last financial year’s standing.

6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.97M for the same. And 6 analysts are in estimates of company making revenue of 2.9M in the next quarter. Company posted 3.56M and 3.83M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -48.48% during past 5 years.

Immunome Inc (NASDAQ:IMNM)’s Major holders

Insiders are in possession of 17.06% of company’s total shares while institution are holding 82.69 percent of that, with stock having share float percentage of 99.70%. Investors also watch the number of corporate investors in a company very closely, which is 82.69% institutions for Immunome Inc that are currently holding shares of the company. REDMILE GROUP, LLC is the top institutional holder at IMNM for having 4.89 million shares of worth $120.67 million. And as of 2024-03-31, it was holding 47.4305 of the company’s outstanding shares.

The second largest institutional holder is FMR LLC, which was holding about 4.53 million shares on 2024-03-31. The number of shares represents firm’s hold over 43.9877 of outstanding shares, having a total worth of $111.91 million.

On the other hand, Price (T.Rowe) Health Sciences Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2024 , the former fund manager was holding 1.49 shares of worth $20.21 million or 2.49% of the total outstanding shares. The later fund manager was in possession of 1.32 shares on Mar 31, 2024 , making its stake of worth around $17.92 million in the company or a holder of 2.20% of company’s stock.