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IMVT Overview

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0.000(0.000%)
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0.000(0.000%)Aft-market
ET
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0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
29.480
Open
27.800
VWAP
28.76
Vol
3.42M
Mkt Cap
5.96B
Low
27.500
Amount
98.42M
EV/EBITDA(TTM)
--
Total Shares
203.53M
EV
4.97B
EV/OCF(TTM)
--
P/S(TTM)
--
Immunovant, Inc. is a clinical-stage immunology company enabling normal lives for people with autoimmune diseases. As a trailblazer in anti-fragment crystallizable receptor (FcRn) technology, the Company is developing targeted therapies to meet the complex and variable needs of people with autoimmune diseases. Its product pipeline includes its product candidates, IMVT-1402 and batoclimab, both of which are novel, fully human, monoclonal antibodies that target the neonatal FcRn. Subcutaneous injections, IMVT-1402 and batoclimab have been observed to reduce immunoglobulin G (IgG) antibody levels, which has provided evidence supporting the use of an anti-FcRn antibody in disease areas associated with high levels of pathogenic IgG antibodies. The Company is developing batoclimab for myasthenia gravis (MG), thyroid eye disease (TED), chronic inflammatory demyelinating polyneuropathy (CIDP) and Graves’ disease (GD).
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Events Timeline

(ET)
2026-04-02
12:30:00
Major Averages Decline as Oil Prices Rise
select
2026-04-02
09:00:00
Stock Futures Lower Across the Board as Geopolitical Tensions Escalate
select
2026-04-02
05:10:00
Immunovant Reports Batoclimab Study Results, Fails to Meet Primary Endpoint
select

News

NASDAQ.COM
8.5
04-03NASDAQ.COM
Biotech Landscape Update: Regulatory Approvals and Acquisitions
  • ARS Pharma Expands Neffy Label: ARS Pharmaceuticals received FDA approval to update the Neffy 1mg label, removing age restrictions for individuals weighing over 33 lbs, which is expected to significantly boost market demand and enhance the company's competitive edge in allergy treatment.
  • Novo Nordisk Wins Approval for Awiqli: Novo Nordisk's Awiqli (insulin icodec-abae) received FDA approval as the first once-weekly basal insulin, with a U.S. launch planned for 2H 2026, strengthening the company's leadership in diabetes care.
  • Biogen Acquires Apellis: Biogen has agreed to acquire Apellis for $41 per share, valuing the deal at approximately $5.6 billion, which is expected to enhance its market share in immunology and rare diseases while driving future revenue growth.
  • Takeda's Zasocitinib Clinical Trial Success: Takeda's Zasocitinib showed that about 70% of patients achieved significant skin clearance in Phase 3 trials, with plans to submit a New Drug Application in 2026, further solidifying its position in the dermatology market.
NASDAQ.COM
4.5
04-02NASDAQ.COM
US Stocks Plummet as Oil Prices Surge
  • Oil Price Surge: Crude oil prices soared over 13% as President Trump took a tougher stance on Iran, reaching a 3.5-week high, which not only heightened inflation fears but also pushed bond yields higher, with the 10-year T-note yield rising by 2 basis points to 4.34%.
  • Unemployment Claims Drop: Weekly initial unemployment claims unexpectedly fell by 9,000 to 202,000, indicating a stronger labor market than the anticipated increase to 212,000, which could provide support for the stock market amid rising inflation concerns.
  • Global Market Decline: Overseas stock markets are lower, with the Euro Stoxx 50 down 2.25%, China's Shanghai Composite down 0.74%, and Japan's Nikkei 225 sharply falling 2.38% from a two-week high, reflecting global economic uncertainty and investor caution.
  • Airline Stocks Plummet: Airline stocks are sharply lower as crude oil prices surged over 10%, raising fuel costs; United Airlines and American Airlines Group both fell more than 6%, highlighting the direct impact of rising oil prices on airline profitability.
stocktwits
9.5
04-02stocktwits
Immunovant Reports Disappointing Trial Results, Shares Drop
  • Clinical Trial Results: Immunovant's two late-stage trials failed to meet the primary endpoint, although patients showed significant improvement in eye bulging during the initial 12-week high-dose treatment, indicating the potential importance of IgG antibody suppression.
  • Stock Reaction: Following the disappointing topline results, Immunovant (IMVT) shares fell 12% in pre-market trading, and if this level holds after the opening bell, it would mark the lowest point in nearly four months, reflecting market pessimism about its future prospects.
  • Shift in Treatment Focus: Immunovant plans to shift its focus to the development of IMVT-1402, targeting multiple autoimmune diseases with Graves' disease as a priority, and early Phase 2 data suggest this therapy may help modify the disease, with topline results from late-stage studies expected in 2027.
  • Intensifying Market Competition: In the same week that Immunovant reported its results, Viridian Therapeutics (VRDN) also announced its Phase 3 results for treating thyroid eye disease, which met its primary goal but showed limited improvements in inflammation, highlighting the competitive intensity in this therapeutic area.
NASDAQ.COM
9.0
04-02NASDAQ.COM
Immunovant's Phase 3 Trials Fail to Meet Primary Endpoints
  • Trial Results: Immunovant's Phase 3 trials of Batoclimab for Thyroid Eye Disease failed to meet primary endpoints, resulting in an 8.12% pre-market drop to $23.06, indicating investor concerns about the company's future prospects.
  • Treatment Analysis: The trials evaluated a regimen of 680mg of Batoclimab administered subcutaneously once weekly for 12 weeks, followed by 340mg weekly, but failed to achieve a 2mm or greater improvement in proptosis responder rate at Week 24, reflecting insufficient efficacy in this indication.
  • Patient Response Insights: Despite not meeting primary endpoints, the studies indicated that patients showed greater proptosis improvement during the initial high-dose phase, suggesting that deeper IgG suppression may positively influence treatment outcomes, which could impact future drug development strategies.
  • Future Development Plans: Immunovant intends to review future development plans for Batoclimab with partner HanAll Biopharma and remains focused on advancing IMVT-1402 across multiple autoimmune diseases, with topline data for Graves' disease expected in 2027, demonstrating the company's long-term commitment to this area.
seekingalpha
9.0
04-02seekingalpha
Immunovant Shares Drop 10% After Batoclimab Trial Failure
  • Trial Failure Announcement: Immunovant reported that its late-stage program for batoclimab failed to meet the primary endpoint in two Phase 3 trials for thyroid eye disease, resulting in a ~10% drop in premarket shares.
  • Stable Safety Data: Despite the trial failures, both studies indicated safety data consistent with previous findings, with no new safety signals, providing a foundation for future research efforts.
  • Future Development Plans: The company stated it will share updates on batoclimab's development program after reviewing plans with its South Korean partner, HanAll Biopharma, indicating ongoing commitment to the project.
  • Advancement of New Therapy: Immunovant intends to expedite the clinical advancement of IMVT-1402, with topline data from potentially registrational studies for Graves' disease expected next year, showcasing a new strategic direction for the company.
NASDAQ.COM
6.5
03-15NASDAQ.COM
Logos Increases Immunovant Stake to $35 Million
  • Significant Stake Increase: Logos Global Management LP purchased an additional 1.1 million shares of Immunovant in Q4 2025, with an estimated transaction value of $24.5 million, reflecting strong confidence in the company's potential.
  • Value Growth: By the end of the quarter, Logos' total stake in Immunovant rose to approximately $35 million, indicating a substantial increase driven by both new shares and price appreciation, highlighting its importance in the fund's portfolio.
  • Portfolio Allocation Shift: The stake in Immunovant increased from 0.4% to about 2%, which, while not placing it in the top five holdings, signifies a meaningful commitment within a concentrated portfolio, showcasing Logos' focus on the biotech sector.
  • Clinical Progress Monitoring: Immunovant is advancing batoclimab across multiple autoimmune indications, with key Phase 3 study results expected in the first half of 2026, which will significantly impact its regulatory trajectory.
Wall Street analysts forecast IMVT stock price to rise
9 Analyst Rating
Wall Street analysts forecast IMVT stock price to rise
7 Buy
2 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
22.00
Averages
37.00
High
54.00
Current: 0.000
sliders
Low
22.00
Averages
37.00
High
54.00
Goldman Sachs
Neutral
maintain
$29 -> $32
AI Analysis
2026-04-15
New
Reason
Goldman Sachs
Price Target
$29 -> $32
AI Analysis
2026-04-15
New
maintain
Neutral
Reason
Goldman Sachs raised the firm's price target on Immunovant to $32 from $29 and keeps a Neutral rating on the shares.
Leerink
Thomas Smith
Outperform
downgrade
$52 -> $50
2026-04-02
Reason
Leerink
Thomas Smith
Price Target
$52 -> $50
2026-04-02
downgrade
Outperform
Reason
Leerink analyst Thomas Smith lowered the firm's price target on Immunovant to $50 from $52 and keeps an Outperform rating on the shares. The firm notes the company reported topline data from the Phase 3 trials of batoclima in active thyroid eye disease that failed to meet the primary endpoint of proptosis response at week 24. While the headline result is disappointing for batoclima in TED, Leerink sees limited downside based on relatively low investor expectations for this readout. Importantly, the firm thinks the TED dataset also offers some important mechanistic insight and positive readthrough to the ongoing pivotal Graves' disease program for '1402.
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Valuation Metrics

The current forward P/E ratio for Immunovant Inc (IMVT.O) is 0.00, compared to its 5-year average forward P/E of -8.97. For a more detailed relative valuation and DCF analysis to assess Immunovant Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-8.97
Current PE
0.00
Overvalued PE
-4.17
Undervalued PE
-13.78

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-6.75
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
-1.61
Undervalued EV/EBITDA
-11.89

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
50.18
Current PS
0.00
Overvalued PS
229.44
Undervalued PS
-129.09

Financials

AI Analysis
Annual
Quarterly

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Whales Holding IMVT

P
Perceptive Advisors LLC
Holding
IMVT
+15.99%
3M Return
T
TCG Crossover Management, LLC
Holding
IMVT
+12.38%
3M Return
L
Logos Global Management, L.P.
Holding
IMVT
+11.12%
3M Return
T
Two Seas Capital LP
Holding
IMVT
+9.47%
3M Return
A
Armistice Capital LLC
Holding
IMVT
+6.39%
3M Return
B
Baker Bros. Advisors LP
Holding
IMVT
+6.01%
3M Return

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Frequently Asked Questions

What is Immunovant Inc (IMVT) stock price today?

The current price of IMVT is 29.3 USD — it has increased 7.13

What is Immunovant Inc (IMVT)'s business?

Immunovant, Inc. is a clinical-stage immunology company enabling normal lives for people with autoimmune diseases. As a trailblazer in anti-fragment crystallizable receptor (FcRn) technology, the Company is developing targeted therapies to meet the complex and variable needs of people with autoimmune diseases. Its product pipeline includes its product candidates, IMVT-1402 and batoclimab, both of which are novel, fully human, monoclonal antibodies that target the neonatal FcRn. Subcutaneous injections, IMVT-1402 and batoclimab have been observed to reduce immunoglobulin G (IgG) antibody levels, which has provided evidence supporting the use of an anti-FcRn antibody in disease areas associated with high levels of pathogenic IgG antibodies. The Company is developing batoclimab for myasthenia gravis (MG), thyroid eye disease (TED), chronic inflammatory demyelinating polyneuropathy (CIDP) and Graves’ disease (GD).

What is the price predicton of IMVT Stock?

Wall Street analysts forecast IMVT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IMVT is37.00 USD with a low forecast of 22.00 USD and a high forecast of 54.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Immunovant Inc (IMVT)'s revenue for the last quarter?

Immunovant Inc revenue for the last quarter amounts to -114.36M USD, increased 0.05

What is Immunovant Inc (IMVT)'s earnings per share (EPS) for the last quarter?

Immunovant Inc. EPS for the last quarter amounts to -92325000.00 USD, decreased -8.20

How many employees does Immunovant Inc (IMVT). have?

Immunovant Inc (IMVT) has 362 emplpoyees as of April 20 2026.

What is Immunovant Inc (IMVT) market cap?

Today IMVT has the market capitalization of 5.96B USD.