Immuneering Corporation

IMRX

Healthcare Biotechnology

Immuneering Corporation’s revenue for fiscal 2022 (year ended December 2022) was $317,000.00.

EPS
+1.61%
Free cash flow
−40.2%

Quarter to September 2026, against a year earlier

3.68 0.31 +9.20%
Market cap
$238.3M
P/E
n/m
Fwd P/E
n/m
Dividend yield
—
F-score
3/9
ROIC
−198.4%
Net debt / EBITDA
2.9×
Dividend safety
n/a

Insider Decisions last twelve months

Net bought
$270.3K
Trades
0 sells · 7 buys
Ownership
14.0%

Capital & Financial Ratios $m

Size
Market Cap 238
Revenue ttm 0
Net income ttm (67)
Free cash flow ttm (62)
Net debt Q (145)
Valuation
P/E n/m
Forward P/E n/m
Price / sales 751.2 (above 10: high)
Forward P/S Powerpack
Price / FCF n/m
Price / book 1.4
Financial health
Current ratio Q 14.0 (at or above 1.5: strong)
Debt / equity Q n/m
Interest coverage Q 0.0
Growth
Revenue growth Q −99.7% (below 0%: shrinking)
Operating income growth Q −67.7% (below 0%: shrinking)
EPS, this year +2.9%
EPS, next year A −30.9% (below 0%: weak)
Revenue, next year A +448.9% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A −4.6% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates; n/m is not meaningful, as a P/E on a loss. How we judge →

Valuation vs history

P/S against its own 10 years 75.85%
10-year low 10-year high
P/B against its own 10 years 51.87%
10-year low 10-year high
EV/Sales against its own 10 years 60.42%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 86 36 173 145
Receivables — — — —
Inventory — — — —
Other — — — —
89 40 176 151
2023 2024 2025 Q'26
Payables 2 2 2 3
ST’ Debt — — — —
Other 0 0 0 0
8 8 10 11

Compound Annual Growth %

10y 5y 3y
Sales — — (45.14%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 25.76%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.21) (0.27) (0.37) — —
’25 (0.42) (0.40) (0.38) (0.18) (1.27)
’24 (0.49) (0.47) (0.49) (0.58) (2.04)
’23 (0.51) (0.43) (0.43) (0.52) (1.88)
’22 (0.49) (0.44) (0.49) (0.50) (1.91)
’21 (1.26) (1.61) (0.47) (0.42) (2.46)
’20 (0.13) (0.73) (0.89) — (3.44)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’22 0 0 0 0 0
’21 1 1 0 0 2
’20 0 0 1 — 2
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (18) (17) (17) — —
’25 (14) (9) (12) (10) (45)
’24 (15) (12) (13) (15) (55)
’23 (14) (11) (12) (12) (49)
’22 (12) (9) (11) (12) (44)
’21 (6) (6) (9) (9) (31)
’20 (2) (6) (3) (5) (15)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (19) (17) (17) — —
’25 (14) (9) (12) (10) (45)
’24 (16) (12) (13) (15) (55)
’23 (14) (11) (12) (12) (49)
’22 (12) (10) (11) (12) (45)
’21 (6) (6) (9) (9) (31)
’20 (2) (6) (3) (5) (15)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — 2 2 2 0 — — — 0 (45.1%) — — 22 —
Gross margin, % — — — 35.67 44.61 44.56 50.09 — — — 0.00 +14.4 pt
EBT — — — (8) (17) (34) (51) (53) (61) (56) (67) +39.2%
EBT margin, % — — — (401.59) (737.18) (1,627.08) (15,934.89) 0.00 0.00 0.00 0.00 +401.6 pt
Net income — 0 — (8) (17) (34) (51) (53) (61) (56) (67) n/m
Per share, $
Per share, $ Revenue — — — 0.08 0.47 0.15 0.01 0.00 0.00 0.00 0.00 n/m
Earnings — — — (0.30) (3.44) (2.46) (1.91) (1.88) (2.04) (1.27) (1.03) +27.2%
Cash flow — — — (0.18) (2.95) (2.27) (1.67) (1.72) (1.83) (1.03) (0.95) +34.2%
Capex — — — 0.00 (0.01) 0.00 (0.03) (0.01) 0.00 0.00 0.00 n/m
Free cash flow — — — (0.18) (2.96) (2.27) (1.70) (1.74) (1.84) (1.03) (0.96) +34.3%
Book value — — — (0.26) (4.54) 11.46 4.16 3.19 1.38 4.96 2.61 n/m
Shares, m — — — 26 5 14 26 28 30 44 60 +9.5%
Valuation, ×
Valuation, × P/E — — — 0.00 0.00 0.00 0.00 — — — 0.00 0.0
P/S — — — 33.89 33.89 105.83 333.79 — — — 751.21 126.9
P/B — — — 0.00 0.00 1.41 0.96 — — — 1.41 0.6
EV/Sales — — — 14.35 14.35 34.10 0.91 — — — 292.52 15.9
EV/FCF — — — (1.71) (1.71) (2.29) (0.01) — — — (1.50) (1.4)
Cash, $m
Cash, $m Operating cash flow — — — (4) (15) (31) (44) (49) (55) (45) (62) +47.0%
Capex — — — 0 0 0 (1) 0 0 0 0 +38.1%
Free cash flow — — — (4) (15) (31) (45) (49) (55) (45) (62) +47.1%
Balance, $m
Balance, $m Working capital — — — 14 35 147 101 81 32 166 140 +51.8%
Net debt — — — 3 (37) (149) (106) (86) (36) (173) (145) n/m
Shareholders’ equity — — — (7) (22) 156 110 91 41 218 169 n/m
Returns, %
Returns, % ROA — — — (109.20) (64.86) (32.70) (34.95) (47.54) (78.61) (39.36) (31.40) +69.8 pt
ROIC — — — 0.00 0.00 (312.34) (747.69) (743.47) (763.99) (81.29) (198.38) (81.3) pt
ROE — — — 53.15 117.48 (50.24) (38.00) (53.36) (92.51) (43.12) (33.53) (96.3) pt
People
People Employees — — — — 32 64 73 68 66 53 — +10.6%
Revenue/emp, $m — — — 0.00 0.07 0.03 0.00 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2022 · latest quarter Dec 2022 · fundamentals updated 6 Nov 2026

Immuneering Corporation vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CABA Cabaletta Bio, Inc. $280.4M — (loss-making) — — n/m −35.72% (below 0%: shrinking) 0.00% 0.00% Compare
ABEO Abeona Therapeutics Inc. $238.5M — (loss-making) — (loss-making) +225.14% (above 0%: growing) n/m +17.11% (above 0%: growing) 63.30% (119.97%) Compare
IMRX Immuneering Corporation $238.3M — (loss-making) — (loss-making) −99.74% (below 0%: shrinking) n/m −40.19% (below 0%: shrinking) 0.00% 0.00%
VNDA Vanda Pharmaceuticals Inc. $231.0M — (loss-making) — (loss-making) +24.10% (above 0%: growing) n/m +9.57% (above 0%: growing) 94.05% (33.69%) Compare
ACIU AC Immune $227.0M — (loss-making) — (loss-making) +152.31% (above 0%: growing) n/m +4.66% (above 0%: growing) 100.00% (302.13%) Compare
FATE Fate Therapeutics, Inc. $223.1M — (loss-making) — (loss-making) +9.18% (above 0%: growing) n/m +8.96% (above 0%: growing) 100.00% (1,495.39%) Compare
GLSI Greenwich LifeSciences, Inc. $222.7M — (loss-making) — — n/m +13.14% (above 0%: growing) 0.00% 0.00% Compare
KRRO Korro Bio, Inc. $202.5M — (loss-making) — (loss-making) −86.28% (below 0%: shrinking) n/m +12.07% (above 0%: growing) 100.00% 0.00% Compare
SLGL Sol-Gel Technologies Ltd. $199.8M — (loss-making) — (loss-making) −96.58% (below 0%: shrinking) n/m −8.76% (below 0%: shrinking) 100.00% (704.23%) Compare
Median of peers $225.0M — — +16.64% — +9.27% 97.03% (76.83%)

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 20 April 2026

Ownership

Directors and executive officers, together 14.90%
Entities affiliated with FMR LLC 13.60%
Benjamin J. Zeskind, Ph.D. 6.80%
HBM Healthcare Investments (Cayman) Ltd. 5.60%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Immuneering Corporation (IMRX) Latest News

24 Sep

Impact 3 · · GlobeNewswire

29 Dec

17 Dec

Impact 4 · · GlobeNewswireMT NewswiresGuruFocus.comMT NewswiresMotley FoolMotley FoolSimply Wall St.Motley Fool

16 Dec

27 Nov

Impact 4 · · Simply Wall St.Simply Wall St.Simply Wall St.

13 Nov

Impact 4 · · The Motley Fool transcript
stockrow.com/IMRX · Data as of Nov 6, 2026 · For information only; not investment advice. · © 2026 stockrow.com