Immunovant, Inc.

IMVT Healthcare Biotechnology

EPS
−5.63%
Free cash flow
−5.96%

Quarter to June 2026, against a year earlier

30.53 2.14 +7.54%
Market cap
$5.9B
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 350.00
Sold, $m 15.34
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy 1 — — — — — — — — — — —
Sell 1 2 1 1 6 4 7 7 2 1 6 —
Insider Ownership 58.73%

Capital & Financial Ratios $m

Size
Market Cap 5,860.00
Revenue ttm —
Net income ttm (538.22)
Free cash flow ttm (414.30)
Net debt Q (797.80)
Valuation
P/E 0.00
Forward P/E —
Price / sales 0.00
Forward P/S Powerpack
Price / FCF 0.00
Price / book 8.53 (above 6: high)
Financial health
Current ratio Q 7.27 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q (17.30)
Growth
Revenue growth Q —
Operating income growth Q −26.02% (below 0%: shrinking)
EPS, this year −6.00% (below 0%: weak)
EPS, next year A +0.58%
Revenue, next year A —
EPS, past 5 yrs —
EPS, next 5 yrs A +12.21%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/B against its own 10 years 69.57%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 635 714 902 798
Receivables 6 3 4 1
Inventory — — — —
Other — — — —
666 768 949 851
2024 2025 2026 Q'26
Payables 7 18 8 10
ST’ Debt — — — —
Other — — — —
49 69 104 117

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 16.84% 32.99%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Jun Sep Dec Mar Year
’26 (0.75) — — — —
’26 (0.71) (0.73) (0.61) (0.73) (2.77)
’25 (0.60) (0.74) (0.76) (0.64) (2.73)
’24 (0.57) (0.45) (0.36) (0.52) (1.88)
’23 (0.35) (0.41) (0.49) (0.46) (1.71)
’22 (0.31) (0.35) (0.36) (0.41) (1.43)
’21 (0.38) (0.25) (0.32) (0.29) (1.22)
Fiscal quarters ending in the months shown.

Revenue $m

Year
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Jun Sep Dec Mar Year
’26 (124) — — — —
’26 (117) (103) (92) (95) (407)
’25 (76) (89) (100) (111) (376)
’24 (47) (60) (47) (60) (214)
’23 (66) (20) (46) (56) (188)
’22 (21) (20) (32) (33) (106)
’21 (14) (24) (23) (22) (83)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jun Sep Dec Mar Year
’26 (124) — — — —
’26 (117) (103) (92) (95) (407)
’25 (76) (89) (101) (111) (377)
’24 (47) (60) (47) (60) (215)
’23 (66) (20) (46) (56) (188)
’22 (21) (20) (32) (33) (106)
’21 (14) (24) (23) (23) (84)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Jun ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — — — — — — 37 37 367 +215.6%
Gross margin, % — — — 0.00 0.00 0.00 0.00 — — — 0.00 0.0 pt
EBT — 0 (29) (66) (108) (157) (211) (259) (413) (505) (539) +479.0%
EBT margin, % — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
Net income — 0 (29) (66) (107) (157) (211) (259) (414) (506) (538) +479.1%
Per share, $
Per share, $ Revenue — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 n/m
Earnings — — (1.29) (1.54) (1.22) (1.43) (1.71) (1.88) (2.73) (2.77) (2.82) +11.5%
Cash flow — 0.00 (1.29) (1.24) (0.95) (0.97) (1.53) (1.55) (2.48) (2.23) (2.02) n/m
Capex — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 n/m
Free cash flow — 0.00 (1.29) (1.24) (0.95) (0.97) (1.53) (1.55) (2.48) (2.23) (2.02) n/m
Book value — 0.00 0.33 2.18 4.46 4.28 2.95 4.47 4.67 4.67 3.58 +169.1%
Shares, m — 14 22 43 88 110 123 138 152 182 186 +37.4%
Valuation, ×
Valuation, × P/E — — — — — — — — — — 0 —
P/S — — — — — — — — — — 0 —
P/B — — — — — — — — — — 0 —
EV/Sales — — — — — — — — — — 0 —
EV/FCF — — — — — — — — — — 0 —
Cash, $m
Cash, $m Operating cash flow — — (29) (53) (83) (106) (188) (214) (376) (407) (414) +46.2%
Capex — — 0 0 0 0 0 0 (1) 0 (1) (23.5%)
Free cash flow — — (29) (53) (84) (106) (188) (215) (377) (407) (414) +46.1%
Balance, $m
Balance, $m Working capital — 0 6 94 390 468 361 617 699 844 734 n/m
Net debt — 0 (7) (101) (400) (494) (377) (635) (714) (902) (798) +271.2%
Shareholders’ equity — 0 7 94 391 470 362 618 707 853 735 +269.4%
Returns, %
Returns, % ROA — (0.01) (401.87) (107.76) (41.17) (33.78) (45.79) (48.37) (57.37) (58.34) (71.10) (58.3) pt
ROIC — 0.00 (5,018.54) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
ROE — (0.01) (776.77) (130.93) (44.25) (36.39) (50.69) (52.91) (62.46) (64.82) (80.10) (64.8) pt
People
People Employees — — 17 42 68 124 164 207 362 315 — +51.7%
Revenue/emp, $m — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Business profile

Updated

Immunovant is a clinical-stage immunology company developing treatments for autoimmune diseases, in which the immune system attacks the body’s own tissues. It has never generated revenue and does not yet sell a medicine. Its chief executive officer is Eric Venker.

The company is focused on IMVT-1402, also called imeroprubart, an investigational antibody designed for diseases driven by harmful immunoglobulin G, or IgG, antibodies. A protein called FcRn normally helps protect IgG antibodies from being broken down. IMVT-1402 blocks FcRn, allowing more of those antibodies to be degraded rather than returned to circulation.

Immunovant, Inc. 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
IONS Ionis Pharmaceuticals, Inc. $6.5B — (loss-making) — (loss-making) −40.73% (below 0%: shrinking) n/m +299.29% (above 0%: growing) 98.98% (38.18%) Compare
MIRM Mirum Pharmaceuticals, Inc. $6.1B — (loss-making) — (loss-making) +39.63% (above 0%: growing) n/m −114.22% (below 0%: shrinking) 81.06% (32.17%) Compare
LGND Ligand Pharmaceuticals Incorporated $6.0B 116× 88.3× −31.80% (below 0%: shrinking) n/m −268.45% (below 0%: shrinking) 96.63% (20.01%) Compare
IMVT Immunovant, Inc. $5.9B — (loss-making) — — n/m −5.96% (below 0%: shrinking) 0.00% 0.00%
BLTE Belite Bio, Inc. Sponsored ADR $5.8B — (loss-making) — — n/m +64.67% (above 0%: growing) — 0.00% Compare
CGON CG Oncology, Inc. $5.7B — (loss-making) — (loss-making) +2,125.00% (above 0%: growing) n/m −67.60% (below 0%: shrinking) (239.24%) (7,467.68%) Compare
KOD Kodiak Sciences Inc. $5.7B — (loss-making) — — n/m −33.86% (below 0%: shrinking) 0.00% 0.00% Compare
PTCT PTC Therapeutics, Inc. $5.5B — (loss-making) 42.2× +69.57% (above 0%: growing) n/m +90.28% (above 0%: growing) 93.39% 7.02% Compare
MANE Veradermics Incorporated $5.4B — (loss-making) — — n/m −8.81% (below 0%: shrinking) — 0.00% Compare
Median of peers $5.8B — — +39.63% — −21.33% 87.23% (10.00%)

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 22 July 2026

Ownership

Directors and executive officers, together 1.90%
Roivant Sciences Ltd. 54.90%
FMR LLC 7.10%
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

Immunovant, Inc. (IMVT) Latest News

20 Oct

Impact 4 · · Simply Wall St.

27 Sep

24 Sep

Impact 3 · · clinicaltrialsarena.com

13 Aug

Impact 3 · · The Motley Fool transcript

7 Aug

Impact 3 · · MarketBeat transcript

6 Aug

Impact 3 · · MarketBeat transcript

20 May

IMVT metrics, ten years each

stockrow.com/IMVT · For information only; not investment advice. · © 2026 stockrow.com