Immunome Inc logo

Immunome Inc(IMNM)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
4-STAR RATING
PASS
LAST CLOSE
$18.71
11/06/2026
(24-hour delay)

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)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for IMNM

11/06/2026: IMNM (4-star) is currently NOT-A-BUY. Pass it for now.

Immunome Inc is a clinical-stage biotechnology company that utilizes a proprietary platform to discover and develop targeted antibody therapies, primarily in oncology. Its main strengths include a highly efficient discovery engine and a diversifying pipeline that integrates recent technological acquisitions. The primary investment story rests on the successful clinical advancement of its lead candidates, which could provide significant value if validated by clinical data. Key risks include intense competitive pressure from established pharmaceutical firms, the inherent uncertainty of clinical development, and the company's reliance on capital markets for funding. It may best suit long-term growth investors who can tolerate significant volatility.

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 styleFitWhy
Growth investorMixed fitThe company offers high-growth potential through its pipeline but lacks established commercial revenue.
Momentum investorMixed fitMomentum is highly dependent on clinical trial results and positive news flow.
Value investorWeak fitThe company does not have traditional valuation metrics like earnings or dividends.
Dividend investorWeak fitThe company does not pay dividends and focuses on reinvesting for development.
Low-risk investorWeak fitHigh volatility and clinical development risks make this unsuitable for conservative investors.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighBiotech stocks often experience extreme swings based on clinical trial outcomes.
Valuation riskHighValuations are highly speculative as they depend on future commercial success of drugs in development.
Competition risk (oncology)HighThe oncology field is highly crowded with major pharmaceutical players.
Business qualityMediumThe underlying science is robust, but the business model is unproven commercially.
Dividend incomeLow / noneIncome-focused investors should look elsewhere.
Execution riskHighThe company must successfully navigate expensive and uncertain clinical trials.

Price Behavior

Rolling Over
PRICE PATH

Rolling Over

The price momentum is slowing down and beginning to turn downward.

Choppy
PRICE STABILITY

Choppy

The stock has experienced frequent reversals and pronounced short-term price swings.

Analysis of Past Performance

Type Stock
Historic Profit 76.3%
Avg. Invested days 30
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 4.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/06/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
IMNM receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by weak unit economics, soft quantitative characteristics, and weak price momentum.

Company Fundamentals

★★★★★
IMNM has moderate overall fundamentals (3 stars), with soft financial health, moderate growth momentum, and strong ownership. In FY2025 versus FY2024, solid earnings growth (+27.5%) is partially offset by weak cash generation (FCF margin -2890.1%), negative revenue growth (-23.2%), weak profitability (net margin -3060.0%).

Financial Health Rating

★★★★★
IMNM's financial health is soft, with the relatively strongest area being moderate liquidity, including working-capital and asset support (WC/assets 90.1%). Profitability is soft (2 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is IMNM's strongest growth driver at +27.5% FY2025 versus FY2024 (solid, 4 stars). By comparison, while revenue growth (-23.2%, negative) and free-cash-flow growth (-22.1%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 103.7% and approximately 92.2% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 6.32% supports management-shareholder alignment.

Top 5 Institutional Investors

T. Rowe Price Investment Management,Inc. 16.67%
FMR Inc 14.40%
BlackRock Inc 7.46%
State Street Corp 4.66%
Wellington Management Company LLP 4.42%

Unit Economics (Per $1K Revenue)

★★★★★
IMNM generates approximately $574 of gross profit, $-30,848 of operating income, and $-28,901 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Operating losses and cash burn explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 0.00%

Quantitative Style Profile

★★★★★
IMNM has a liquid profile. Weak momentum is the primary drawback, while elevated volatility.

Style Classification

Quality Focused

High VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.21B USD
Price to earnings Ratio -
1Y Target Price 35.33
Price to earnings Ratio -
1Y Target Price 35.33
Volume (30-day avg) 1.5M shares
Beta 2.66
52 Weeks Range 15.46 - 30.06
Updated Date 11/08/2026
52 Weeks Range 15.46 - 30.06
Updated Date 11/08/2026
Dividends yield (FY) -
Basic EPS (TTM) -2.52

How Company Makes Money

Business areaWhat it includesRetail investor read
Oncology Research & DevelopmentClinical and preclinical pipeline development.The company spends money today to potentially make money from future drug sales.

Valuation

Trailing PE -
Forward PE -
Enterprise Value 1.69B
Price to Sales(TTM) -
Enterprise Value 1.69B
Price to Sales(TTM) -
Enterprise Value to Revenue 580.28
Enterprise Value to EBITDA -0.72
Shares Outstanding 118.00M
Shares Floating 108.84M
Shares Outstanding 118.00M
Shares Floating 108.84M
Percent Insiders 6.32
Percent Institutions 103.66

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon 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)

Information icon 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)

Information icon 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)

Information icon 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)

Information icon 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)

Information icon 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)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon 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)

Information icon 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)

Information icon 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)

Information icon 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)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon 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)

Information icon 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)

Information icon 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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