
IO Biotech (IOBT) Stock Forecast & Price Target
IO Biotech (IOBT) Analyst Ratings
Bulls say
IO Biotech Inc. has presented promising Phase 3 data that demonstrates the efficacy of its Cylembio + pembro combination, particularly in inducing T-cell responses, thereby strengthening the case for its immune-modulatory mechanism of action. Financial projections suggest potential revenue growth from modest royalty earnings, increasing from an estimated $6.1 million in fiscal year 2027 to $88.3 million by fiscal year 2032, highlighting a favorable outlook as the company anticipates a product launch in the EU for advanced melanoma. Additionally, the ongoing commitment to advance clinical trials despite cost-saving measures reflects a strategic focus on expanding its pipeline and potentially capitalizing on market opportunities in multiple cancer indications.
Bears say
IO Biotech Inc faces a negative outlook primarily due to a significant shift in its development timeline, moving from a near-term regulatory review to planning a new pivotal trial, which has resulted in a decrease in revenue projections and a lowered price target. The probability of success (POS) for key therapies has been substantially reduced for multiple indications, reflecting heightened risks associated with clinical efficacy, safety signals, and competitive pressures in the biopharmaceutical market. Additionally, the company is anticipated to require substantial financing, estimated at $400 million through 2037, raising concerns about its financial stability and operational viability, particularly given the risk of potential de-listing if share prices fall below $1.
This aggregate rating is based on analysts' research of IO Biotech and is not a guaranteed prediction by Public.com or investment advice.
IO Biotech (IOBT) Analyst Forecast & Price Prediction
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