ImmunityBio (IBRX) Shares Surge 39.8% on Positive QUILT-106 Study Data
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 19 2026
0mins
Should l Buy IBRX?
Source: NASDAQ.COM
- Efficacy Data Update: ImmunityBio's updated efficacy and safety data from the QUILT-106 clinical study show that patients receiving CD19 CAR-NK therapy achieved 100% disease control over 15 months, significantly enhancing the company's competitive position in the Waldenström non-Hodgkin lymphoma space.
- Innovative Treatment Regimen: The study's use of CD19 CAR-NK cells combined with Roche's Rituxan allows outpatient treatment without chemotherapy, highlighting the therapy's strategic importance in terms of patient-friendliness and scalability.
- Strong Market Reaction: ImmunityBio's stock surged 106% over the past six months, significantly outpacing the industry's 22.1% growth, reflecting strong market confidence in its new therapy and positive investor sentiment.
- Future Development Plans: ImmunityBio aims to submit a biologics license application to the FDA by the end of 2026, with full enrollment in the QUILT-2.005 study expected to further bolster the company's market position in treating BCG-unresponsive bladder cancer.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy IBRX?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on IBRX
Wall Street analysts forecast IBRX stock price to fall
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 8.540
Low
5.00
Averages
7.33
High
9.00
Current: 8.540
Low
5.00
Averages
7.33
High
9.00
About IBRX
Immunitybio, Inc. is a vertically integrated, clinical-stage biotechnology company developing therapies and vaccines that bolster the natural immune system to defeat cancers and infectious diseases. Using its applied science and platforms to treat cancers, including the development of potential cancer vaccines, as well as developing immunotherapies and cell therapies to reduce or eliminate the need for standard high-dose chemotherapy. Its platforms and their associated product candidates are designed to attack cancer and infectious pathogens by activating both the innate immune system, including NK cells, dendritic cells, and macrophages, as well as the adaptive immune system comprising B and T cells, in an orchestrated manner. Its platforms for the development of biologic product candidates include antibody-cytokine fusion proteins, vaccine vectors, and cell therapies. Its biologic commercial product candidate, Anktiva, is an IL-15 superagonist antibody-cytokine fusion protein.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- New Subsidiary Established: ImmunityBio announced the formation of a new Irish subsidiary to support the distribution and commercialization strategy of its bladder cancer therapy, Anktiva, marking a significant expansion in the European market.
- Distribution Agreement Signed: The distribution deal with Accord Healthcare will leverage over 100 sales, medical, and marketing professionals to drive Anktiva's market penetration in the U.K. and Europe, which is expected to significantly enhance product acceptance.
- Regulatory Approval Secured: Anktiva recently received conditional marketing authorization from the European Commission, allowing its use as part of a combination regimen for specific bladder cancer patients in Europe, further enhancing the product's market potential.
- Positive Market Reaction: Following the approval, ImmunityBio's stock price rose, reflecting investor optimism about the new therapy's prospects, while also leading to short sellers facing paper losses of up to $492 million.
See More
- Conditional EU Authorization: ImmunityBio's Anktiva has received conditional marketing authorization from the European Commission, allowing sales across 27 EU member states, Iceland, Liechtenstein, and Norway, marking a significant expansion in the global market.
- Safety and Efficacy Data Submission: The company will submit long-term safety and efficacy data to the European Medicines Agency to meet regulatory requirements and facilitate the widespread use of Anktiva in Europe, addressing the treatment gap for BCG-unresponsive NMIBC CIS patients.
- Positive Market Reaction: Following the authorization, ImmunityBio's stock surged 30% on Wednesday, reflecting strong market demand for the new therapy and investor optimism, indicating the company's potential in treating BCG-unresponsive bladder cancer.
- Global Approval Progress: Anktiva is now approved in 33 countries, including the U.S., showcasing the company's regulatory success within just two years, with CEO Richard Adcock highlighting the strength of clinical evidence and the urgency of unmet market needs.
See More
- Partnership Expansion: ImmunityBio has partnered with Accord Healthcare to expand access to Anktiva across 30 countries, aiming to enhance market share and sales potential through increased market coverage.
- European Strategic Setup: The establishment of an Irish subsidiary in Dublin will support ImmunityBio's distribution and commercialization strategy in Europe, helping to optimize supply chains and enhance competitiveness in the European market.
- Stock Price Fluctuation: ImmunityBio shares fell approximately 8% in Thursday's opening trade, indicating that the market's initial reaction to the partnership news may not have met expectations, impacting investor sentiment.
- Market Sentiment: Despite the stock price decline, retail investor sentiment on Stocktwits remains in the 'bullish' territory, reflecting some investors' confidence in the company's future growth potential, which could influence subsequent market performance.
See More
- Fed Minutes Analysis: The January FOMC minutes indicate broad support among policymakers for pausing rate cuts despite ongoing inflation risks, which could influence future monetary policy directions and affect market sentiment and investment decisions.
- Walmart Earnings Preview: Walmart is set to report earnings before the bell today, with investors keenly awaiting insights from the new CEO regarding consumer health and demand, which will directly impact retail sector performance and investor confidence.
- Meta Smartwatch Plans Revived: Reports suggest that Meta has revived its smartwatch plans targeting a launch this year, a strategic shift that could enhance its competitiveness in the wearables market and provide new revenue streams for the company.
- Economic Data and Market Reaction: Key economic indicators such as Initial Jobless Claims and the Philly Fed Business Index are scheduled for release today, with investors closely monitoring their impact on the market, especially amid heightened uncertainty regarding Fed policies.
See More
- Record Short Interest: Between February 13 and 19, ImmunityBio's short interest surged to 13.7% of free float, marking an all-time high and increasing from 12.9% in the previous period, indicating heightened investor anxiety ahead of the European Commission's decision on Anktiva.
- Retail Sentiment Shift: During the same timeframe, retail traders flipped from 'bearish' to 'bullish', with Stocktwits message volume jumping over 300%, reflecting optimism about potential European approval and suggesting that short sellers could be caught off guard.
- Surge in Options Activity: On February 18, over 30,000 call options were traded for ImmunityBio, nearly double the normal volume, while implied volatility rose to around 129%, indicating strong market expectations for the company's future performance following the anticipated regulatory decision.
- EU Approval Boosts Stock Price: Following the European Commission's conditional marketing authorization, ImmunityBio's shares soared 42%, expanding Anktiva's availability to 33 countries, which signifies a major breakthrough for the company in the cancer treatment landscape.
See More
- Significant Stock Surge: ImmunityBio's stock surged 41.36% to close at $8.54 following the European Commission's conditional marketing authorization for Anktiva, reflecting strong market confidence in its cancer immunotherapy.
- Volume Spike: Trading volume reached 78.5 million shares, approximately 178% above the three-month average, indicating robust investor interest in ImmunityBio's growth potential, which may attract more institutional investors.
- Market Expansion Opportunity: With EU authorization, ImmunityBio's Anktiva will enter over 30 new countries, likely accelerating sales growth and further solidifying its market position in cancer treatment.
- Remarkable Sales Growth: ImmunityBio achieved over 700% sales growth for Anktiva in 2025 and received approval from the Saudi Food and Drug Authority, showcasing its product's broad application potential in cancer treatment, although the company remains subject to market volatility risks.
See More









