Immatics N.V. IMTX

8.37 0.04 0.48% as of 25 Sep
Market cap
$1.3B
P/E
0.0×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 7.50
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — 1 —
Sell — — — — — — — — — — — —
Insider Ownership 6.56%

Capital & Financial Ratios

Market Cap 1,260.00
Revenue 49.20
Net Income (237.04)
Free Cash Flow (240.08)
Net Debt (270.28)
Current Ratio 7.54
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 23.25
P/B ratio 2.46
Past 5Y EPS Growth (17.16%)
This Y EPS Growth (15.68%)
Next Y EPS Growth (4.11%)
Next 5Y EPS Growth (1.64%)
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2018 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 236 256 391 270
Receivables 4 6 7 7
Inventory — — — —
Other 245 419 172 222
486 681 570 499
2023 2024 2025 Q'26
Payables 27 22 21 39
ST’ Debt — — — —
Other 31 9 6 13
169 74 49 66
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 11.81% (33.06%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 39.34% 34.60%

Revenue

Mar Jun Sep Dec Year
’26 9 11 — — —
’25 20 5 6 24 55
’24 33 20 56 60 169
’23 11 24 6 17 58
’22 115 18 15 33 182
’21 9 6 8 18 41
’20 8 8 9 14 31
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (49) (70) — — —
’25 (36) (47) (55) (62) (200)
’24 (35) (35) (39) (62) (171)
’23 (25) (8) (33) 86 20
’22 122 52 (42) (27) 105
’21 (20) (24) (21) (32) (97)
’20 0 (13) (57) (16) (86)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (50) (71) — — —
’25 (39) (49) (56) (63) (208)
’24 (45) (38) (42) (63) (189)
’23 (30) (19) (40) 76 (14)
’22 121 51 (43) (30) 99
’21 (21) (26) (23) (34) (103)
’20 0 (18) (59) (16) (93)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.50) (0.53) — — —
’25 (0.35) (0.66) (0.49) (0.34) (1.82)
’24 (0.03) (0.18) (0.09) 0.48 0.15
’23 (0.28) (0.35) (0.35) (0.32) (1.30)
’22 1.52 (0.23) (0.32) (0.23) 0.58
’21 (0.41) (0.46) (0.51) (0.30) (1.75)
’20 (0.18) (20.19) (3.30) 18.88 (5.45)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — 0.01 9.71 8.67 10.12 5.75 5.90 6.68 3.30

Analyst estimates 2026–2028

Powerpack
Low Price
— — 9.80 11.16 17.48 18.42 13.60 13.14 13.77 12.41
High Price
— — 2 2 198 255 293 343 423 407
Employees
— — 2 9 0 0 1 0 0 0
Revenue/Emp
— — 4 18 31 41 182 58 169 55
Revenue
— — 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Gross Margin
— — (32) (32) (230) (110) 44 (105) 23 (225)
EBT
— — (858.22%) (176.09%) (734.70%) (268.49%) 24.32% (179.63%) 13.70% (411.13%)
EBT Margin
— 0 (32) (32) (230) (110) 40 (105) 16 (222)
Net Income
— — 2 4 4 6 7 8 13 14
Depreciation
— — 0.11 0.56 0.65 0.65 2.71 0.73 1.59 0.45
Revenue/Sh
— — (0.98) (0.98) (5.45) (1.75) 0.59 (1.30) 0.15 (1.82)
Earnings/Sh
— — 0.63 2.14 (1.78) (1.54) 1.57 0.24 (1.62) (1.63)
Cash Flow/Sh
— — (0.01) (0.06) (0.16) (0.11) (0.10) (0.41) (0.17) (0.06)
Capex/Sh
— — 0.61 2.08 (1.94) (1.64) 1.47 (0.17) (1.79) (1.70)
Free CF/Sh
— — 0.15 (1.23) 2.17 0.45 3.34 3.02 5.88 4.48
Book Value/Sh
— — 33 33 48 63 67 81 106 122
Shares
— — 0.00 0.00 0.00 0.00 11.43 0.00 39.50 0.00
PE Ratio
— — 0.00 0.00 13.28 20.56 3.16 14.78 4.46 23.53
PS Ratio
— — 6.13 0.00 4.97 29.70 2.57 3.54 1.21 2.35
PB Ratio
— — 0.00 0.00 7.96 16.73 2.30 10.73 2.94 16.36
EV/Sales
— — 0.00 3.39 (3.26) (6.65) 4.24 (46.06) (2.62) (4.30)
EV/FCF
— — 21 71 (86) (97) 105 20 (171) (200)
Op' Cash Flow
— — 0 (2) (8) (7) (6) (33) (18) (8)
Capex
— — 20 69 (93) (103) 99 (14) (189) (208)
FCF
— — 1 55 178 68 285 317 608 522
Working Cap'
— — — 4 28 43 34 — — —
Total Debt
— — (1) (103) (208) (157) (156) (236) (256) (391)
Net Debt
— — 5 (41) 104 28 225 244 622 548
Sh' Equity
— — (43.13%) (22.54%) (117.79%) (47.88%) 12.42% (21.39%) 2.52% (31.99%)
ROA
— — (565.68%) 0.00% 0.00% 0.00% 28.96% (961.55%) (7.14%) (82.33%)
ROIC
— — 106.81% 176.20% (722.34%) (166.40%) 31.24% (44.84%) 3.80% (38.00%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Immatics N.V. (IMTX) key facts

  • Immatics N.V. (IMTX) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • Immatics N.V.’s revenue for fiscal 2025 (year ended December 2025) was $54.6 million, down 67.6% from fiscal 2024.
  • As of September 25, 2026, IMTX traded at $8.37, a market capitalization of $1.3 billion.
  • Return on equity was −38.0% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Immatics N.V. (IMTX) Latest News

News by impact score

Fine-tune

25 Aug

3

Immatics N.V. announces a $150 million underwritten public offering of common shares. Offering supplies major new capital for operations while diluting shareholders.

18 Aug

4

Immatics N.V. announced second quarter 2026 financial results and business update. Quarterly earnings releases and business updates for clinical-stage biotechs frequently drive substantial share price shifts.

3

Analysts have significantly reduced their earnings estimates for Immatics N.V. (NASDAQ: IMTX) for the current year, reflecting concerns about the company's financial outlook and performance. This downward revision indicates potential challenges ahead for the biotech firm, which may impact investor sentiment and market positioning. Earnings estimate reductions suggest a moderately noticeable influence on financial performance and market perception.

1 Jun

4

Immatics presented clinical activity and response dynamics data for Anzu-cel PRAME cell therapy at the 2026 ASCO Annual Meeting. Presentation of clinical data on lead PRAME cell therapy at major oncology conference signals pipeline progress with significant effects on company trajectory.

31 May

4

Immatics presented IMA401 MAGEA4/8 bispecific data at 2026 ASCO Annual Meeting with simultaneous Nature Medicine publication supporting IMA401/IMA402 combination development in lung cancer. Major ASCO data presentation plus Nature Medicine publication directly advances IMA401 pipeline validation and lung cancer combination strategy.

30 May

4

Immatics presented clinical activity data for IMA203CD8 PRAME cell therapy in hard-to-treat gynecologic cancers at the 2026 ASCO Annual Meeting. Clinical data presentation at ASCO for Immatics' cell therapy signals potential advancement in its oncology pipeline.

15 May

3

Analysts are updating estimates for Immatics N.V. (NASDAQ:IMTX) after its first-quarter results. Analyst updates following Q1 results moderately influence financial performance expectations and market sentiment.

12 May

3

Immatics N.V. (IMTX) reported a Q1 loss and revenue below analyst estimates. Q1 loss and revenue miss highlight financial underperformance that could moderate investor sentiment and near-term market performance.

3

Immatics N.V. (IMTX) announced first quarter 2026 financial results and business update. Quarterly financial results and business updates moderately influence financial performance and investor sentiment.

21 Apr

4

Immatics N.V. (IMTX) announces four upcoming oral presentations at the 2026 ASCO Annual Meeting spanning its clinical cell therapy and bispecific portfolio. Multiple oral presentations at ASCO signal strong clinical progress across key programs, poised to enhance investor sentiment and market valuation.

17 Apr

4

Immatics’ PRAME-directed cell therapy using its TCR induced deep and durable remission in a pediatric patient with advanced metastatic nephroblastoma. Deep remission in advanced pediatric cancer validates Immatics’ TCR technology for rare tumors, likely enhancing investor sentiment and clinical expansion.

15 Mar

4

Immatics advances Phase 3 trials, sharpening positive outlook for Anzu Cel launch and significant upside potential. Phase 3 progress signals imminent Anzu Cel commercialization, driving major upside for IMTX valuation and market performance.

13 Mar

4

Immatics N.V. (IMTX) reports strong enrollment in a key Phase 3 trial of its drug candidate. Strong Phase 3 enrollment accelerates timeline to potential approval and boosts investor confidence in Immatics' pipeline.

5 Mar

4

Immatics N.V. (IMTX) announced full year 2025 financial results and business update. Full-year financial results and business updates reveal key financial health, cash runway, and pipeline progress, significantly influencing investor sentiment and stock trajectory.

3

Immatics N.V. (IMTX) released its Q4 earnings snapshot, detailing quarterly financial results. Q4 earnings snapshots often influence short-term stock performance and investor sentiment through financial metrics and guidance.

15 Jan

3

Institutional investors hold a significant 38% stake in Immatics N.V. (NASDAQ:IMTX), indicating strong interest and confidence from large financial entities in the company's potential and future performance. The substantial institutional ownership may influence market sentiment and provide stability, but it is not expected to fundamentally alter the company's trajectory.

11 Dec

4

Immatics N.V. presented data on its IMA203CD8 PRAME cell therapy at the ESMO-IO 2025 Congress, highlighting promising initial anti-tumor activity in PRAME-positive tumors during an ongoing dose escalation study. Promising data on a new cell therapy could significantly impact Immatics' future performance and investor sentiment.

5 Dec

4

Immatics N.V. announced a $125 million underwritten public offering of its American Depositary Shares (ADSs). The offering is expected to enhance the company's financial position and support its ongoing clinical development programs. The underwriters have a 30-day option to purchase additional ADSs, which could increase the total offering size. The company plans to use the proceeds for general corporate purposes, including research and development. The capital raised through the offering is likely to significantly support Immatics' strategic initiatives and clinical programs.

3

Immatics N.V. announced a follow-on share offering, aiming to raise capital to support its ongoing clinical programs and operational activities. The offering is expected to enhance the company's financial position, allowing for continued investment in its innovative cancer therapies. Analysts are assessing the potential impact of this move on Immatics' valuation and market performance, considering the implications for future growth and investor sentiment. The follow-on share offering may provide necessary funding for clinical programs, influencing financial performance and market positioning.

18 Nov

4

Immatics N.V. announced significant advancements in its cancer immunotherapy pipeline, highlighting promising results from its latest clinical trials. The company is focusing on its proprietary T-cell receptor platform, which aims to enhance the efficacy of treatments for various cancers. Additionally, strategic partnerships are being explored to accelerate development and commercialization efforts. Financial projections indicate potential revenue growth driven by these innovations, positioning Immatics favorably within the competitive landscape of biopharmaceuticals. The advancements in the cancer immunotherapy pipeline and potential partnerships could significantly alter the company's trajectory and investor sentiment.

4

Immatics N.V. has released new clinical data on its cancer therapies IMA402 and IMA401, which may attract investor interest. The data highlights the potential effectiveness of these treatments in targeting specific cancer types, suggesting a promising future for the company's product pipeline. Analysts are evaluating the implications of these findings on Immatics' market position and financial outlook. The new clinical data could significantly enhance Immatics' competitive positioning and investor sentiment in the oncology market.

17 Nov

4

Immatics N.V. reported its financial results for the third quarter of 2025, highlighting key developments in its business operations. The company showcased advancements in its product pipeline and provided updates on ongoing clinical trials. Financial metrics indicated growth, with increased revenue compared to the previous quarter. Management expressed optimism about future prospects and strategic initiatives aimed at enhancing shareholder value. Significant advancements in product development and positive financial metrics suggest a strong potential for future growth and investor interest.

3

Immatics N.V. (IMTX) reported a loss for Q3, falling short of revenue estimates. The company's financial performance has raised concerns among investors, as it continues to navigate challenges in its operational landscape. Despite efforts to advance its product pipeline, the results indicate potential hurdles ahead for the biotech firm. The missed revenue estimates and reported loss suggest moderate challenges that could affect financial performance and investor sentiment.

3

Immatics N.V. reported its Q3 earnings, highlighting key financial metrics and developments in its pipeline. The company continues to focus on advancing its innovative T-cell receptor therapies for cancer treatment. Financial results showed progress in revenue and investment in research and development, reflecting the company's commitment to its strategic goals. Market response to the earnings report indicates a cautious optimism among investors regarding future growth prospects. Earnings report indicates moderate progress in financial performance and product development, which may influence investor sentiment.

12 Nov

4

Immatics N.V. has achieved clinical proof-of-concept for its next-generation TCR bispecific (TCER®) pipeline, showcasing data on IMA402 targeting PRAME and IMA401 targeting MAGEA4/8. The company announced its next development steps following these promising results, indicating progress in its innovative cancer therapies. The successful proof-of-concept for new therapies could significantly enhance Immatics' competitive position and investor sentiment.

11 Nov

3

Immatics N.V. (IMTX) has experienced recent volatility in its stock price, prompting a reevaluation of its valuation amidst sector momentum. Analysts are assessing the company's position in the biopharmaceutical market, particularly in relation to its innovative cancer therapies and the competitive landscape. The article highlights key financial metrics and market trends that could influence investor sentiment and future performance. The volatility and sector momentum may moderately influence Immatics' financial performance and competitive positioning.

27 Oct

3

Immatics N.V. has appointed Amie Krause as Chief People Officer, effective immediately. Krause brings over 20 years of experience in human resources and organizational development, having previously held leadership roles at various biotech and pharmaceutical companies. Her expertise is expected to enhance Immatics' talent management and organizational culture as the company continues to advance its innovative cancer therapies. The appointment of a Chief People Officer may moderately influence the company's operational effectiveness and employee engagement, impacting overall performance.

22 Oct

3

Immatics N.V. is currently facing a cash burn situation, but analysts express confidence in the company's financial health due to its strong cash reserves and ongoing partnerships. The company has sufficient liquidity to support its operations and development plans for the foreseeable future. Additionally, Immatics' innovative approach in the biotech sector positions it well for potential growth, mitigating concerns over its cash burn. Immatics' cash reserves and strategic partnerships provide a balanced outlook despite current cash burn concerns.

20 Oct

4

Immatics N.V. announced that its investigational therapy Anzu-cel demonstrated strong anti-tumor activity in a trial for uveal melanoma, leading to a rise in the company's shares. The positive trial results highlight the potential of Anzu-cel in treating this specific type of cancer, which may enhance Immatics' position in the oncology market. The strong anti-tumor activity of Anzu-cel in a clinical trial could significantly impact Immatics' future performance and investor sentiment.

1 Oct

3

Immatics N.V. has appointed Venkat Ramanan as its new Chief Financial Officer, effective immediately. Ramanan brings over 20 years of experience in finance and operations, having held leadership roles in various biotech and pharmaceutical companies. His expertise is expected to enhance Immatics' financial strategy and support its growth initiatives in the field of cancer immunotherapy. The appointment of a new CFO may influence financial performance and strategic direction, but its overall impact is expected to be limited.

stockrow.com/IMTX · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com