Immutep Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, Immutep stock has a consensus rating of "Hold" and an average price target of $0.10. The average 1-year stock price forecast is 88.68% higher than the current stock price, while the lowest is $0.04 (-24.53%) and the highest is $0.20 (+277.36%).

Price Target: $0.10 (+88.68%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$0.04	$0.10	$0.07	$0.20
Change	-24.53%	+88.68%	+32.08%	+277.36%

* Price targets were last updated on Mar 16, 2026.

Analyst Ratings

The average analyst rating for Immutep stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	4	4	4	0	0	0
Buy	1	1	2	1	1	1
Hold	0	0	0	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	6	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Thomas Wakim Bell Potter	Bell Potter	Hold Downgrades $0.65 → $0.07	Hold	Downgrades	$0.65 → $0.07	+32.08%	Mar 16, 2026
Madeleine Williams Canaccord Genuity	Canaccord Genuity	Buy Maintains $0.40	Buy	Maintains	$0.40	+654.72%	Mar 13, 2026
David Stanton Jefferies	Jefferies	Hold Downgrades $0.04	Hold	Downgrades	$0.04	-24.53%	Mar 13, 2026
Unknown Analyst Ord Minnett No rating	Ord Minnett	Buy Maintains $1.50	Buy	Maintains	$1.50	+2,730.19%	Dec 18, 2025

Financial Forecast

Revenue This Year

19.36M

from 5.04M

283.85%

from 5.04M

Revenue Next Year

2.63M

from 19.36M

-86.43%

from 19.36M

EPS This Year

-0.04

from -0.04

EPS Next Year

-0.03

from -0.04

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026
Revenue	3.86M	4.71M	3.51M	3.84M	5.04M	19.36M
Revenue Growth	-71.89%	22.05%	-25.64%	9.59%	31.28%	283.85%
Gross Profit	-13.37M	-26.63M	-32.75M	-37.70M	-56.37M	19.36M
Gross Margin	-346.22%	-564.81%	-934.23%	-981.42%	-1,117.55%	100.00%
Operating Income	-19.66M	-33.84M	-41.43M	-46.56M	-65.01M	-62.10M
Net Income	-29.90M	-32.21M	-39.90M	-42.72M	-61.43M	-57.89M
EPS	-	-	-	-	-0.04	-0.04
Free Cash Flow	-9.63M	-19.56M	-19.31M	-23.25M	-46.11M	-56.06M
No. Analysts	-	-	-	-	-	6

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue	2026	2027	2028
High	34.6M
Avg	19.4M
Low	n/a

Revenue Growth

Revenue Growth	2026	2027	2028
High	586.0%
Avg	283.8%
Low	-100.0%

EPS Forecast

EPS	2026	2027	2028
High	-0.03
Avg	-0.04
Low	-0.06

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-