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Upturn AI Summary - About
Immutep Ltd ADR(IMMP)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for IMMP
11/04/2026: IMMP (1-star) is currently NOT-A-BUY. Pass it for now.
Immutep Ltd is a clinical-stage biotechnology company specializing in LAG-3 immunotherapy for cancer and autoimmune conditions. The company’s primary strength lies in its proprietary research and promising clinical data for its lead candidate, eftilagimod alpha, which has drawn industry attention. The main investment story centers on the potential for these assets to be licensed to, or acquired by, larger pharmaceutical players. However, investors face significant risks, including the lack of commercialized products, high cash burn, and the inherent uncertainty of clinical trial success. The stock is best suited for risk-tolerant investors looking for biotech exposure, and it requires careful monitoring of upcoming trial data readouts.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers high-risk, high-reward exposure to clinical-stage biotech innovation. |
| Momentum investor | Strong fit while signal remains positive | Momentum investors may trade the stock based on positive clinical trial news or technical breakouts. |
| Value investor | Weak fit | The company lacks earnings, cash flow, and traditional valuation metrics required for value investing. |
| Dividend investor | Weak fit | Immutep is a cash-burning clinical-stage company that does not pay dividends. |
| Low-risk investor | Weak fit | High clinical risk and price volatility make this unsuitable for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Clinical-stage biotech stocks often experience sharp price swings based on trial results and capital raises. |
| Valuation risk | High | Valuations are highly speculative as they depend on the potential future success of unapproved drugs. |
| Competition risk (immuno-oncology) | High | Immutep faces competition from better-funded firms developing alternative immunotherapy platforms. |
| Business quality | Medium | The company has a focused, high-quality intellectual property portfolio in LAG-3, but lacks commercial operations. |
| Dividend income | Low / none | There is no income generation component to this investment. |
| Execution risk | High | The success of the firm hinges entirely on the successful execution and regulatory approval of clinical trials. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit -89.61% | Avg. Invested days 26 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/04/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 22.07M USD | Price to earnings Ratio - | 1Y Target Price 30 |
Price to earnings Ratio - | 1Y Target Price 30 | ||
Volume (30-day avg) 19.0K shares | Beta 2.31 | 52 Weeks Range 2.93 - 66.39 | Updated Date 11/03/2026 |
52 Weeks Range 2.93 - 66.39 | Updated Date 11/03/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -7.3 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Clinical Licensing | Milestone payments and royalties from pharmaceutical partners utilizing Immutep’s LAG-3 platform. | Revenue is sporadic and tied to the success of collaborative agreements. |
| Research Grants | Government and institutional funding to support specific R&D initiatives. | This is non-dilutive capital but does not constitute a sustainable commercial business model. |
Valuation
Trailing PE - | Forward PE 7.13 | Enterprise Value -24.88M | Price to Sales(TTM) 1.11 |
Enterprise Value -24.88M | Price to Sales(TTM) 1.11 | ||
Enterprise Value to Revenue 0.1 | Enterprise Value to EBITDA -2.94 | Shares Outstanding 7.37M | Shares Floating 6.87M |
Shares Outstanding 7.37M | Shares Floating 6.87M | ||
Percent Insiders 0.01 | Percent Institutions 1.13 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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