Immatics Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, Immatics stock has a consensus rating of "Strong Buy" and an average price target of $17.63. The average 1-year stock price forecast is 104.52% higher than the current stock price, while the lowest is $11.8 (+36.89%) and the highest is $25 (+190.02%).

Price Target: $17.63 (+104.52%)

Analyst Consensus: Strong Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$11.8	$17.63	$17	$25
Change	+36.89%	+104.52%	+97.22%	+190.02%

Analyst Ratings

The average analyst rating for Immatics stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	9	10	10	9	8	8
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	9	10	10	9	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Faisal Khurshid Jefferies	Jefferies	Buy Reiterates $18 → $17	Buy	Reiterates	$18 → $17	+97.22%	Aug 25, 2026
Graig Suvannavejh Mizuho Securities	Mizuho Securities	Buy Reiterates $25	Buy	Reiterates	$25	+190.02%	Aug 20, 2026
Nicholas Lorusso TD Cowen	TD Cowen	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Aug 19, 2026
Alec Stranahan Bank of America Securities	Bank of America Securities	Buy Reiterates $17	Buy	Reiterates	$17	+97.22%	Aug 19, 2026
Rajan Sharma Goldman Sachs	Goldman Sachs	Buy Maintains $12 → $12	Buy	Maintains	$12 → $12	+36.89%	Aug 19, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

40.02M

from 48.27M

-17.09%

from 48.27M

Revenue Next Year

34.04M

from 40.02M

-14.95%

from 40.02M

EPS This Year

-1.78

from -1.61

EPS Next Year

-1.78

from -1.78

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	34.76M	172.83M	54.00M	155.84M	48.27M	40.02M
Revenue Growth	11.23%	397.17%	-68.76%	188.60%	-69.03%	-17.09%
Operating Income	-86.29M	29.95M	-101.73M	-38.62M	-182.02M	-267.72M
Net Income	-93.34M	27.70M	-94.65M	15.22M	-196.45M	-247.13M
EPS	-	-	-	-	-1.61	-1.78
Free Cash Flow	-11.52M	45.39M	-25.99M	-101.74M	-128.19M	-170.43M
No. Analysts	-	-	-	-	-	8

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

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	52.9M
Avg	40.0M
Low	24.9M

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	9.5%
Avg	-17.1%
Low	-48.4%

EPS Forecast

Chart

EPS	2026	2027	2028
High	-1.64
Avg	-1.78
Low	-2.02

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-