Immatics Stock Forecast

Stock Price Forecast

According to 10 analysts polled by S&P Global, Immatics stock has a consensus rating of "Strong Buy" and an average price target of $18.77. The average 1-year stock price forecast is 95.01% higher than the current stock price, while the lowest is $12.2 (+26.75%) and the highest is $25 (+159.74%).

Price Target: $18.77 (+95.01%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$12.2	$18.77	$18	$25
Change	+26.75%	+95.01%	+87.01%	+159.74%

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

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	9	9	9	10	10	10
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	9	9	10	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Alec Stranahan Bank of America Securities	Bank of America Securities	Buy Maintains $17	Buy	Maintains	$17	+76.62%	Jun 1, 2026
Nicholas Lorusso TD Cowen	TD Cowen	Buy Maintains n/a	Buy	Maintains	n/a	n/a	May 29, 2026
Geulah Livshits Chardan Capital	Chardan Capital	Buy Reiterates $25	Buy	Reiterates	$25	+159.74%	May 19, 2026
Graig Suvannavejh Mizuho Securities	Mizuho Securities	Buy Reiterates $25	Buy	Reiterates	$25	+159.74%	May 14, 2026
Paul Jeng Guggenheim	Guggenheim	Buy Maintains $19	Buy	Maintains	$19	+97.40%	May 13, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

39.50M

from 48.27M

-18.16%

from 48.27M

Revenue Next Year

43.56M

from 39.50M

10.29%

from 39.50M

EPS This Year

-1.67

from -1.61

EPS Next Year

-1.63

from -1.67

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	39.50M
Revenue Growth	11.23%	397.17%	-68.76%	188.60%	-69.03%	-18.16%
Gross Profit	-52.81M	66.05M	-64.67M	7.76M	-135.57M	39.50M
Gross Margin	-151.92%	38.22%	-119.76%	4.98%	-280.87%	100.00%
Operating Income	-86.29M	29.95M	-101.73M	-38.62M	-182.02M	-258.17M
Net Income	-93.34M	27.70M	-94.65M	15.22M	-196.45M	-240.18M
EPS	-	-	-	-	-1.61	-1.67
Free Cash Flow	-11.52M	45.39M	-25.99M	-101.74M	-128.19M	-177.14M
No. Analysts	-	-	-	-	-	10

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

Revenue Forecast

Revenue	2026	2027	2028
High	53.8M
Avg	39.5M
Low	20.2M

Revenue Growth

Revenue Growth	2026	2027	2028
High	11.5%
Avg	-18.2%
Low	-58.2%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-1.67
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-