Immunovant Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Immunovant stock have an average target of 44.67, with a low estimate of 4.00 and a high estimate of 57. The average target predicts an increase of 56.13% from the current stock price of 28.61.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$4.00	$44.67	$50	$57
Change	-86.02%	+56.13%	+74.76%	+99.23%

Analyst Ratings

The average analyst rating for Immunovant stock from 18 stock analysts 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	8	9	9	9	10	10
Buy	5	5	5	6	7	7
Hold	0	0	0	0	0	0
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	14	15	15	16	18	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Leland Gershell Oppenheimer	Oppenheimer	Buy Initiates $50	Buy	Initiates	$50	+74.76%	Mar 28, 2024
Robyn Karnauskas Truist Securities	Truist Securities	Strong Buy Reiterates $48	Strong Buy	Reiterates	$48	+67.77%	Mar 25, 2024
Corinne Johnson Goldman Sachs	Goldman Sachs	Strong Buy Initiates $50	Strong Buy	Initiates	$50	+74.76%	Mar 13, 2024
Brian Cheng JP Morgan	JP Morgan	Buy Initiates $51	Buy	Initiates	$51	+78.26%	Feb 20, 2024
Andy Chen Wolfe Research	Wolfe Research	Buy Initiates $55	Buy	Initiates	$55	+92.24%	Feb 15, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

Revenue Next Year

14.77M

EPS This Year

-1.83

from -1.71

EPS Next Year

-1.92

from -1.83

Year	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	-	-	-	-	-	-	14.77M	65.09M	406.61M	747.37M	1.18B
Revenue Growth	-	-	-	-	-	-	-	340.81%	524.69%	83.81%	58.42%
EPS	-1.29	-1.54	-1.22	-1.43	-1.71	-1.83	-1.92	-2.05	-0.95	0.66	2.26
EPS Growth	-	-	-	-	-	-	-	-	-	-	242.21%
No. Analysts	-	-	-	-	-	19	18	16	7	7	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2023	2024	2025	2026	2027	2028
High	n/a	189.6M	239.6M	1.1B	1.7B	2.2B
Avg	n/a	14.8M	65.1M	406.6M	747.4M	1.2B
Low	n/a	n/a	n/a	27.9M	102.2M	369.4M

Revenue Growth

Revenue Growth	2023	2024	2025	2026	2027	2028
High	-	-	1,522.7%	1,590.0%	314.2%	198.2%
Avg	-	-	340.8%	524.7%	83.8%	58.4%
Low	-	-	-	-57.1%	-74.9%	-50.6%

EPS Forecast

EPS	2023	2024	2025	2026	2027	2028
High	-1.74	-0.87	-1.05	-0.12	2.30	4.64
Avg	-1.83	-1.92	-2.05	-0.95	0.66	2.26
Low	-1.89	-2.22	-2.82	-1.92	-1.50	-0.03

EPS Growth

EPS Growth	2023	2024	2025	2026	2027	2028
High	-	-	-	-	-	602.2%
Avg	-	-	-	-	-	242.2%
Low	-	-	-	-	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.