Innate Pharma S.A. Sponsored ADR IPHA

1.70 0.00 0.00% as of 25 Sep
Market cap
$188.8M
P/E
0.0×

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 62.08%

Capital & Financial Ratios

Market Cap 188.77
Revenue 93.42
Net Income (156.22)
Free Cash Flow (127.75)
Net Debt 10.82
Current Ratio 0.60
Debt/Equity (0.50)
P/E ratio 0.00
P/S ratio 0.00
P/B ratio 0.00
Past 5Y EPS Growth (13.71%)
This Y EPS Growth 73.31%
Next Y EPS Growth 14.38%
Next 5Y EPS Growth 10.08%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 100 87 39 13
Receivables 60 5 14 10
Inventory — — — —
Other — — — —
160 93 53 23
2023 2024 2025 Q'26
Payables 18 17 17 13
ST’ Debt 10 9 10 13
Other 8 8 11 12
43 36 41 38
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — (33.86%) (44.86%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

Revenue

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 10
’24 — — — — 22
’23 — — — — 67
’22 — — — — 61
’21 — — — — 29
’20 — — — — 80
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 — (24) — — —
’25 — (35) — (60) (60)
’24 — 3 — (7) (7)
’23 — (13) — (35) (35)
’22 — 1 — (20) (20)
’21 — (38) — (69) (69)
’20 — (64) — (59) (59)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 — (25) — — —
’25 — (35) — (60) (60)
’24 — 3 — (8) (8)
’23 — (13) — (35) (38)
’22 — 1 — (21) (21)
’21 — (38) — (70) (71)
’20 — (64) — (60) (72)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — (0.62)
’24 — — — — (0.66)
’23 — — — — (0.10)
’22 — — — — (0.77)
’21 — — — — (0.78)
’20 — — — — (0.93)
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
— — — 5.61 3.30 3.02 1.90 1.81 1.29 1.60

Analyst estimates 2026–2028

Powerpack
Low Price
— — — 6.75 8.24 11.95 4.87 3.97 3.51 2.63
High Price
— — 157 235 245 215 211 179 181 163
Employees
0 0 1 0 0 0 0 0 0 0
Revenue/Emp
59 39 111 96 80 29 61 67 22 10
Revenue
0.00% 0.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Gross Margin
4 (72) 3 (23) (73) (54) (61) (8) (54) (56)
EBT
6.87% (182.09%) 2.89% (24.19%) (90.82%) (184.10%) (100.52%) (12.28%) (245.87%) (546.11%)
EBT Margin
13 0 4 (23) (73) (62) (61) (8) (54) (56)
Net Income
3 5 9 19 65 5 48 6 2 2
Depreciation
1.10 0.72 1.89 1.44 1.02 0.37 0.76 0.83 0.27 0.11
Revenue/Sh
0.24 (1.07) 0.06 (0.35) (0.93) (0.78) (0.77) (0.10) (0.66) (0.62)
Earnings/Sh
(0.72) (1.04) (0.65) 0.58 (0.75) (0.87) (0.25) (0.44) (0.09) (0.67)
Cash Flow/Sh
0.00 0.00 (0.03) (1.09) (0.16) (0.02) (0.01) (0.03) (0.01) 0.00
Capex/Sh
(0.72) (1.04) (0.68) (0.51) (0.91) (0.89) (0.27) (0.47) (0.10) (0.67)
Free CF/Sh
1.68 1.91 3.36 3.64 2.26 1.60 0.72 0.70 0.12 (0.27)
Book Value/Sh
54 54 59 67 79 80 80 80 81 90
Shares
9.81 9.81 9.81 196.94 0.00 0.00 0.00 0.00 0.00 0.00
PE Ratio
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PS Ratio
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PB Ratio
0.00 0.00 0.00 0.00 (1.04) (1.10) (0.94) (0.61) (0.58) (0.14)
EV/Sales
0.00 0.00 0.00 0.00 7.31 0.38 0.49 0.83 1.01 0.13
EV/FCF
(39) (56) (38) 39 (59) (69) (20) (35) (7) (60)
Op' Cash Flow
(10) (7) (2) (73) (13) (2) (1) (2) 0 0
Capex
(39) (56) (40) (34) (72) (71) (21) (38) (8) (60)
FCF
162 77 145 130 146 69 104 117 57 11
Working Cap'
4 6 5 21 22 52 45 43 34 26
Total Debt
(204) (134) (193) (224) (151) (89) (62) (57) (54) (13)
Net Debt
91 104 198 244 178 127 57 56 10 (25)
Sh' Equity
4.41% (39.34%) 1.35% (4.73%) (18.26%) (18.72%) (22.86%) (3.92%) (33.51%) (58.22%)
ROA
0.00% 0.00% 76.02% (97.88%) (165.62%) (93.83%) 0.00% 0.00% 0.00% 0.00%
ROIC
13.70% (60.02%) 2.39% (10.54%) (34.67%) (40.93%) (66.48%) (14.47%) (162.88%) 742.02%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025

Innate Pharma S.A. Sponsored ADR peers in Biotechnology

All 616 Biotechnology stocks →

Innate Pharma S.A. Sponsored ADR (IPHA) key facts

  • Innate Pharma S.A. Sponsored ADR (IPHA) is a Biotechnology company in the Healthcare sector, traded in the US as an ADR.
  • Innate Pharma S.A. Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was EUR 10.2 million, down 53.2% from fiscal 2024.
  • Innate Pharma S.A. Sponsored ADR reported a net loss of EUR 55.6 million, or a loss of EUR 0.62 per share, for fiscal 2025.
  • As of September 25, 2026, IPHA traded at $1.70, a market capitalization of $188.8 million.
  • Return on equity was 742.0% and debt-to-equity -0.50.

Source: company filings (standardised) and stockrow calculations.

Innate Pharma S.A. Sponsored ADR (IPHA) Latest News

News by impact score

Fine-tune

23 Sep

3

Innate Pharma S.A. Sponsored ADR (IPHA) has been upgraded to Zacks Rank #2 (Buy) due to rising earnings estimate revisions. Zacks notes that an improving EPS consensus is a core driver of its rating system and can signal stronger near-term stock-price upside. For IPHA, the company is expected to post -$0.53 per share for the year ending December 2026, with the consensus estimate up 18.5% over the past three months. The upgrade places Innate among the top 20% of Zacks-covered stocks in terms of revision activity, historically linked to better near-term performance. The piece emphasizes that earnings revisions, often influenced by institutional investors, can lift fair value and drive price moves. Zacks Rank scales from 1 (Strong Buy) to 5 (Strong Sell). Rising EPS estimates and a Buy upgrade suggest potential near-term stock-price gains.

22 Sep

4

Innate Pharma S.A. (IPHA) reported a €19.6 million first-half net loss as it closed its lacutamab deal with Sobi, triggering a €75 million upfront payment. Management expects funding through end-Q1 2028, aided by the upfront cash and a €30 million gross equity raise, to advance clinical programs. The confirmatory TELLOMAK-3 trial’s first patient is targeted for Q1 2027. The Sobi pact links financing to market entry: Innate runs TELLOMAK-3; Sobi gains exclusive global commercialization rights on accelerated approval, with an option to take full development rights after Phase 3. Innate retains milestone and royalty upside (up to €40 million near-term milestones and up to €465 million tied to development, regulatory and commercial milestones). H1 expenses fell to €24.7 million; cash burn is a factor, but the financing improves visibility. IPH4502 data in November; monalizumab PACIFIC-9 results expected H2 2026. Upfront cash, a commercialization partnership, and a longer funding runway materially improve financial visibility and strategic leverage, though trial outcomes and regulatory success remain pivotal.

17 Sep

3 transcript

Innate Pharma (IPHA) released its Q2 2026 earnings call transcript covering financial results, operational updates, and strategic outlook for the biotech firm. Q2 2026 earnings call delivers financial metrics and guidance that moderately influence investor views on IPHA performance.

3 transcript

Innate Pharma Q2 earnings call highlights financial results and operational updates. Q2 earnings updates typically deliver moderate effects on financial outlook and near-term sentiment.

3

Innate Pharma reports first half 2026 business update and financial results. Standard financial and business updates can moderately influence investor views and near-term performance.

16 Sep

4

Sobi and Innate Pharma partnership becomes effective after all closing conditions completed. Effective Sobi partnership constitutes major strategic move likely to alter Innate Pharma trajectory and investor sentiment.

4

Innate Pharma and Sobi announce their partnership is now effective after all closing conditions completed. Effective Sobi partnership constitutes a major strategic move likely to significantly boost Innate Pharma revenue and pipeline prospects.

17 Aug

3 transcript

Innate Pharma SA highlights strategic partnerships and pipeline progress during its Q2 2026 earnings call. Partnerships and pipeline updates can moderately influence financial performance and competitive positioning.

14 Aug

4

Swedish Orphan Biovitrum completes Lacutamab deal, advancing Innate Pharma's asset and reinforcing IPHA undervaluation narrative. Lacutamab partnership with SOBI marks major licensing event that can materially lift IPHA pipeline value and sentiment.

4

Innate Pharma secures €30M funding, extending cash runway into 2028. €30M infusion strengthens balance sheet and removes near-term financing risk through 2028.

10 Aug

4

Sobi licenses Innate Pharma's CTCL drug for up to $580 million as the drug advances to Phase III trials. Innate Pharma secures up to $580 million licensing deal with Sobi for its CTCL drug entering Phase III.

4

Sobi enters strategic partnership with Innate Pharma to license lacutamab in T-cell lymphoma. Licensing agreement grants Sobi rights to lacutamab and delivers milestone payments plus royalties that strengthen Innate Pharma's financial runway and commercial path.

4

Innate Pharma partners with Sobi to advance lacutamab into Phase 3 and appoints new Chief Medical Officer. Sobi partnership directly advances lacutamab to Phase 3 and strengthens pipeline prospects.

4

Innate Pharma enters strategic partnership with Sobi to license Lacutamab in T-cell lymphoma. Licensing agreement with Sobi for Lacutamab advances IPHA commercialization and revenue potential.

21 Jul

3

Innate Pharma completed enrollment in its Phase 1 dose escalation study of IPH4502, a Nectin-4 exatecan antibody-drug conjugate. Phase 1 enrollment completion marks pipeline progress for IPH4502 but stays early-stage without major near-term financial or market effects.

13 May

3

Innate Pharma released highlights from its Q1 earnings call, covering financial results, pipeline updates, and strategic outlook. Q1 earnings call highlights offer insights into financial performance and pipeline progress with moderate influence on investor sentiment.

3

Innate Pharma S.A. Sponsored ADR (IPHA) released first quarter 2026 business update and financial results, covering operational highlights, pipeline progress, and financial metrics. Quarterly business updates and financial results moderately influence financial performance and investor sentiment for biotech firms.

17 Apr

4

Innate Pharma to present MATISSE Phase 2 interim results of IPH5201 at AACR 2026 plenary session. Plenary presentation of Phase 2 interim trial results at AACR elevates IPH5201 visibility and could drive significant positive shifts in IPHA's competitive positioning and investor sentiment.

27 Mar

4

Innate Pharma's investment story is evolving around key 2026 catalysts, prompting analysts to set an €8 price target amid shifting positive outlook. 2026 catalysts and €8 target signal major shifts in investor sentiment and potential trajectory change for Innate Pharma.

26 Mar

4

Innate Pharma SA (IPHA) Full Year 2025 earnings call highlights strategic advances, forward-looking initiatives, and key financial updates. Strategic advances in FY2025 earnings call signal major pipeline progress and partnerships poised to significantly enhance IPHA's market trajectory.

4

Innate Pharma reported full year 2025 financial results and provided a business update. Full-year financial results and business updates represent major disclosures that can significantly sway investor sentiment and stock trajectory.

3

Innate Pharma delivered Q4 earnings call highlights, covering financial results, pipeline advancements including IPH6501 and IPH5401 trials, partnership updates with Sanofi, and 2024 guidance projecting cash runway to mid-2025. Q4 earnings highlights reveal moderate pipeline progress and financial stability sufficient for ongoing operations but without transformative breakthroughs.

26 Nov

4

The Mycosis Fungoides market is projected to grow significantly by 2034, driven by advancements in targeted therapies and immunotherapy approaches. Increased research and development efforts are expected to enhance treatment options, improving patient outcomes and expanding market potential. Companies like Innate Pharma S.A. are likely to benefit from these developments as the landscape evolves. Advancements in targeted and immunotherapy approaches are likely to significantly impact Innate Pharma's market positioning and product offerings.

17 Nov

3

Innate Pharma S.A. will present at the Jefferies Global Healthcare Conference, highlighting its ongoing commitment to advancing its innovative cancer therapies. The presentation is expected to provide insights into the company's strategic direction and recent developments in its clinical programs. The presentation may influence investor sentiment and provide updates on key clinical programs, but it is not expected to fundamentally alter the company's trajectory.

13 Nov

3

Innate Pharma S.A. reported its third quarter 2025 business update and financial results, highlighting advancements in its clinical programs and financial performance. The company continues to focus on its innovative therapies for cancer treatment, with ongoing trials and collaborations aimed at enhancing its market position. Financial results indicate a stable revenue stream and strategic investments in research and development, positioning the company for future growth. Ongoing clinical programs and financial performance may moderately influence Innate Pharma's market position and investor sentiment.

10 Nov

4

Innate Pharma S.A. has received clearance from the US FDA to initiate a Phase 3 clinical trial for its potential skin cancer therapy. This trial aims to evaluate the efficacy and safety of the treatment in patients with advanced skin cancer, marking a significant step in the company's development pipeline. FDA clearance for a Phase 3 trial represents a major strategic move that could significantly impact the company's future and market performance.

4

Innate Pharma S.A. has received FDA clearance to proceed with TELLOMAK 3, a confirmatory Phase 3 trial of its drug Lacutamab for the treatment of cutaneous T-cell lymphoma (CTCL). This trial aims to further evaluate the efficacy and safety of Lacutamab, which has shown promise in earlier studies. The clearance marks a significant step in the development of this treatment, potentially impacting patient care in CTCL. FDA clearance for a Phase 3 trial represents a significant advancement in the development of Lacutamab, which could greatly influence Innate Pharma's market position and investor sentiment.

6 Nov

3

Innate Pharma S.A. has formed a 'hammer chart pattern' in its stock price, indicating a potential reversal after a downtrend. Analysts suggest this pattern may signal a buying opportunity for investors looking to capitalize on a possible bottoming out of the stock. The company's recent performance and market conditions are being closely monitored as investors weigh the implications of this technical indicator. The formation of a hammer chart pattern may influence market sentiment and short-term trading strategies but does not fundamentally alter the company's long-term trajectory.

14 Oct

3

Innate Pharma S.A. will host an analyst and investor event focused on Lacutamab on October 28, 2025. The event aims to provide insights into the drug's development and potential impact on the market. The event may influence investor sentiment and provide updates on product innovation, but its overall effect is expected to be limited.

20 Sep

4

Innate Pharma S.A. has made strategic decisions that are shifting the narrative around the company, potentially enhancing its market position and investor sentiment. Recent developments indicate a focus on innovation and partnerships that could lead to significant advancements in its product pipeline. These changes are expected to influence the company's trajectory positively, attracting attention from investors and analysts alike. Strategic decisions and innovations are likely to significantly impact Innate Pharma's future performance and market positioning.

stockrow.com/IPHA · Data as of Dec 31, 2025 · For information only; not investment advice. · © 2026 stockrow.com