IO Biotech, Inc. (IOBT)
NASDAQ: IOBT · Real-Time Price · USD
1.080
-0.080 (-6.90%)
Mar 31, 2025, 2:12 PM EDT - Market open

IO Biotech Stock Forecast

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 763.89% from the current stock price of 1.08.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $6.00 $9.33 $10 $12
Change +455.56% +763.89% +825.93% +1011.1%

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 Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 111111
Buy 222222
Hold 000000
Sell 000000
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$12
Strong Buy Reiterates $12 +1,011.11% Mar 5, 2025
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$12
Strong Buy Reiterates $12 +1,011.11% Nov 12, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$12
Strong Buy Reiterates $12 +1,011.11% Nov 6, 2024
Morgan Stanley
Morgan Stanley
Buy
Maintains
$4$6
Buy Maintains $4$6 +455.56% Sep 16, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$12
Strong Buy Reiterates $12 +1,011.11% Sep 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
266.45M
from 167.27M
Increased by 59.29%
Revenue Next Year
n/a
from 266.45M
EPS This Year
-1.39
from -1.98
EPS Next Year
-1.32
from -1.39
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029
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 Dec 31, 2027 Dec 31, 2028 Dec 31, 2029
Revenue
--18.16M83.15M167.27M266.45M
Revenue Growth
---357.91%101.17%59.29%--
EPS
-70.64-82.36-17.30-2.48-1.98-1.39-1.32-1.13
EPS Growth
--------
Forward PE
--------
No. Analysts -----777
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026202720282029
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 202420252026202720282029
High - - -
Avg - - -
Low - - -

EPS Forecast

EPS 202420252026202720282029
High -1.37 -1.08 -0.88
Avg -1.39 -1.32 -1.13
Low -1.38 -1.47 -1.48

EPS Growth

EPS Growth 202420252026202720282029
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.