IO Biotech Stock Forecast

IOBT's stock price has decreased by -56.14% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 3 analysts with 12-month price forecasts for IO Biotech stock have an average target of 9.33, with a low estimate of 6.00 and a high estimate of 12. The average target predicts an increase of 1,025.45% from the current stock price of 0.83.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$6.00	$9.33	$10	$12
Change	+623.76%	+1025.5%	+1106.3%	+1347.5%

* Price targets were last updated on Nov 12, 2024.

Analyst Ratings

The average analyst rating for IO Biotech stock from 3 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	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	1	1	1	1	1	1
Buy	2	2	2	2	2	2
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Emily Bodnar HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $12	Strong Buy	Reiterates	$12	+1,347.53%	Nov 12, 2024
Emily Bodnar HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $12	Strong Buy	Reiterates	$12	+1,347.53%	Nov 6, 2024
Matthew Harrison Morgan Stanley	Morgan Stanley	Buy Maintains $4 → $6	Buy	Maintains	$4 → $6	+623.76%	Sep 16, 2024
Emily Bodnar HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $12	Strong Buy	Reiterates	$12	+1,347.53%	Sep 16, 2024
Christopher Raymond Piper Sandler	Piper Sandler	Buy Maintains $10	Buy	Maintains	$10	+1,106.27%	Sep 3, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

Revenue Next Year

n/a

EPS This Year

-1.39

from -1.98

EPS Next Year

-1.36

from -1.39

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	-	-	18.16M
Revenue Growth	-	-	-	-	-	-	-	-
EPS	-70.64	-82.36	-17.30	-2.48	-1.98	-1.39	-1.36	-1.20
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	7	7	7

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

Revenue Forecast

Revenue	2024	2025	2026
High	n/a	n/a	48.8M
Avg	n/a	n/a	18.2M
Low	n/a	n/a	n/a

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	-	-
Avg	-	-	-
Low	-	-	-

EPS Forecast

EPS	2024	2025	2026
High	-1.37	-1.08	-0.85
Avg	-1.39	-1.36	-1.20
Low	-1.38	-1.47	-1.48

EPS Growth

EPS Growth	2024	2025	2026
High	-	-	-
Avg	-	-	-
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.