Immunovant, Inc. (IMVT)

NASDAQ: IMVT · Real-Time Price · USD
26.87
+0.33 (1.24%)
Nov 22, 2024, 4:00 PM EST - Market closed
1.24%
Market Cap 3.94B
Revenue (ttm) n/a
Net Income (ttm) -323.01M
Shares Out 146.78M
EPS (ttm) -2.22
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 506,149
Open 26.66
Previous Close 26.54
Day's Range 26.58 - 27.01
52-Week Range 24.61 - 45.58
Beta 0.71
Analysts Strong Buy
Price Target 48.10 (+79.01%)
Earnings Date Nov 7, 2024

About IMVT

Immunovant, Inc., a clinical-stage biopharmaceutical company, develops monoclonal antibodies for the treatment of autoimmune diseases. The company develops batoclimab, a novel fully human monoclonal antibody that target the neonatal fragment crystallizable receptor for the treatment of myasthenia gravis, thyroid eye disease, chronic inflammatory demyelinating polyneuropathy, Graves diseases, and warm autoimmune hemolytic anemia. Immunovant, Inc. is based in New York, New York. Immunovant, Inc. is a subsidiary of Roivant Sciences Ltd. [Read more]

Industry Biotechnology
Sector Healthcare
CEO Peter Salzmann
Employees 207
Stock Exchange NASDAQ
Ticker Symbol IMVT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for IMVT stock is "Strong Buy." The 12-month stock price forecast is $48.1, which is an increase of 79.01% from the latest price.

Price Target
$48.1
(79.01% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Immunovant Provides Development Updates and Reports Financial Results for the Quarter Ended September 30, 2024

NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases, today reported ...

15 days ago - GlobeNewsWire

Immunovant Announces Oral Presentation of Late Breaking Abstract for Phase 2 Graves' Disease Clinical Data at the 2024 American Thyroid Association (ATA) Annual Meeting

NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases, today announced...

24 days ago - GlobeNewsWire

Top 2 Health Care Stocks That May Collapse This Quarter

As of Sept. 9, 2024, two stocks in the health care sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: TERN
2 months ago - Benzinga

Immunovant Provides Update on Graves' Disease Development Program

NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases, today reported...

2 months ago - GlobeNewsWire

Immunovant to Host Graves' Disease Program Update on September 9, 2024

NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases, today announce...

2 months ago - GlobeNewsWire

Long Assets On Path To Creating Significant Value, Shorting Remains Very Challenging

In the first half of 2024, our long book performed strong relative to the Russell 2000, driven by our high-conviction positions. We are pleased with our relative performance and believe the Russell 20...

3 months ago - Seeking Alpha

Immunovant Provides Corporate Updates and Reports Financial Results for the Fourth Quarter and Fiscal Year Ended March 31, 2024

NEW YORK, May 29, 2024 (GLOBE NEWSWIRE) -- Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases, today reported c...

6 months ago - GlobeNewsWire

Immunovant: Strategic Edge In The Autoimmune Sector (Rating Upgrade)

Immunovant's IMVT-1402 shows promise for at-home autoimmune treatment, with a differentiated subcutaneous delivery. Phase 1 data indicate significant IgG reductions without major side effects, advanci...

8 months ago - Seeking Alpha

Immunovant Awarded U.S. Patent for IMVT-1402

NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases, today announce...

9 months ago - GlobeNewsWire

Immunovant Reports Financial Results and Provides Corporate Updates for the Quarter Ended December 31, 2023

NEW YORK, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases, today reported ...

10 months ago - GlobeNewsWire

Chris DeMuth Sure Likes Uranium And SHF Holdings + 3 Litigation Ideas

Chris DeMuth Jr. discusses his position in uranium and his belief that nuclear energy will play a significant role in the future of energy production. He also updates us on SHF Holdings, a fintech com...

Other symbols: BURLQDA
11 months ago - Seeking Alpha

Immunovant to Present at the 42nd Annual J.P. Morgan Healthcare Conference

NEW YORK, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases, today announced...

11 months ago - GlobeNewsWire

Immunovant Reports Positive Initial Phase 2 Results for Batoclimab in Graves' Disease

NEW YORK, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases, today announced...

1 year ago - GlobeNewsWire

Best Small-Cap Stocks to Buy for 2024 and Beyond

Wall Street's best small-cap stocks to buy include pharma, biotech and specialty retail names.

1 year ago - Kiplinger

Immunovant Announces Positive IMVT-1402 Initial 600 mg MAD Results that Confirm Best-in-Class Potential

NEW YORK, Nov. 28, 2023 (GLOBE NEWSWIRE) --  Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases, today announce...

1 year ago - GlobeNewsWire

Immunovant: Q3 Earnings, Navigating Risks And Rewards In The Autoimmune Arena

Immunovant continues to show promising developments in anti-FcRn platform's clinical trials and has a strong financial position. Key upcoming catalysts, including Phase 1 data and Phase 2 results, cou...

1 year ago - Seeking Alpha

Immunovant to Present at Upcoming Investor Conferences

NEW YORK, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases, today announced...

1 year ago - GlobeNewsWire

Immunovant Reports Financial Results and Provides Corporate Updates for the Quarter Ended September 30, 2023

NEW YORK, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases, today reported ...

1 year ago - GlobeNewsWire

Immunovant Announces Closing of Upsized Common Stock Financing and Full Exercise of Underwriters' Option to Purchase Additional Shares

NEW YORK, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases, today announced...

1 year ago - GlobeNewsWire

Immunovant Announces Pricing of $450 Million Common Stock Financing

NEW YORK, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases, today announce...

1 year ago - GlobeNewsWire

Immunovant: Immune Boost, From Clinical Trials To An Aggressive Bullish Stock

Although Immunovant's stock has rallied around 100% since January, recent data on its therapeutic candidate, IMVT-1402, has further bolstered confidence, and we expect more upside from here. IMVT-1402...

1 year ago - Seeking Alpha

Immunovant Announces Proposed Offering of $300 Million of Common Stock

NEW YORK, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases, today announce...

1 year ago - GlobeNewsWire

Immunovant Shares Skyrocket After Trial of Its Autoimmune Drug Beats Expectations

Immunovant (IMVT) shares virtually doubled on Tuesday after the biopharmaceutical company reported positive results from a Phase 1 trial of its experimental autoimmune disease treatment.

1 year ago - Investopedia

Immunovant: Data Sizzles, But The Steak Isn't Done Yet (Rating Upgrade)

Immunovant's IMVT-1402 shows early promise with dose-dependent IgG reduction and a decent safety profile, rejuvenating the company's drug pipeline. Despite a solid 20.9-month cash runway, escalating R...

1 year ago - Seeking Alpha

Immunovant shares surge after antibody treatment succeeds in early-stage study

Shares of Immunovant surged over 60% in premarket trading on Tuesday, after the drug developer said its antibody treatment succeeded in an early-stage trial.

1 year ago - Reuters