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IOBT Overview

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$
0.000
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
0.252
Open
0.242
VWAP
0.23
Vol
3.01M
Mkt Cap
15.96M
Low
0.219
Amount
696.49K
EV/EBITDA(TTM)
--
Total Shares
71.95M
EV
3.99M
EV/OCF(TTM)
--
P/S(TTM)
--
IO Biotech Inc is a clinical-stage biopharmaceutical company developing immune-modulating cancer therapies based on T-win technology platform. The Company’s product candidates are designed to induce the immune system to simultaneously target and disrupt multiple pathways that regulate tumor-induced immunosuppression. IO Biotech’s lead product candidate, IO102-IO103, is designed to target the immunosuppressive mechanisms mediated by key immunosuppressive proteins such as IDO and PD-L1. The Company develops a pipeline of product candidates that leverage its T-win technology platform to address targets within the TME. The Company is spin-off of National Cancer for Center Immune Therapy at Herlev University Hospital in Denmark.
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Events Timeline

(ET)
2026-01-30
08:40:00
IO Biotech Retains Raymond James as Financial Advisor
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2026-01-26 (ET)
2026-01-26
16:30:00
Major Averages Close Broadly Higher as Investors Brace for Earnings Reports
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2026-01-26
12:11:00
Major Averages Rebound, Nasdaq Up 0.67%
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2026-01-21 (ET)
2026-01-21
05:40:00
IO Biotech Explores Strategic Alternatives to Maximize Shareholder Value
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2025-12-15 (ET)
2025-12-15
16:10:00
IO Biotech Publishes MM1636 Trial Results Showing 25.5-Month Progression-Free Survival
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2025-11-14 (ET)
2025-11-14
08:08:51
IO Biotech announces Q3 earnings per share of (13c), compared to (36c) in the previous year.
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2025-11-07 (ET)
2025-11-07
09:13:55
IO Biotech Reveals Pre-Clinical Findings for IO112 and IO170
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News

Newsfilter
4.5
01-30Newsfilter
IO Biotech Engages Raymond James as Financial Advisor Amid Workforce Reduction
  • Strategic Advisor Appointment: IO Biotech has engaged Raymond James & Associates as its exclusive financial advisor to assist in exploring strategic alternatives, indicating the company's commitment to business transformation and resource optimization.
  • Workforce Reduction Implementation: The company is implementing significant layoffs to reduce operating expenses, a move aimed at ensuring financial stability and extending cash runway while exploring strategic options.
  • Innovative Platform Background: IO Biotech focuses on developing immune-modulatory cancer vaccines based on its T-win® platform, designed to activate T cells to target both tumor cells and immune-suppressive cells, showcasing its technological potential in the biopharmaceutical sector.
  • Market Outlook Uncertainty: While the company explores strategic alternatives, forward-looking statements highlight that its future financial position and cash runway may be affected by various risks and uncertainties, urging investors to approach the company's future performance with caution.
Yahoo Finance
4.0
01-27Yahoo Finance
Piper Sandler Downgrades IO Biotech to Neutral Amid Strategic Review
  • Rating Downgrade: Piper Sandler downgraded IO Biotech from Overweight to Neutral, slashing the price target from $3 to $0.50, reflecting a cautious stance on the company's strategic opportunity exploration.
  • Capital Constraints: While the underlying science of IO's T-win platform and lead candidate cylembio is promising, analysts highlight that the company faces capital constraints that could hinder future growth.
  • Strategic Uncertainty: Piper's analysts indicate that there is no assurance that IO Biotech's strategic alternatives process will yield favorable outcomes or that any transactions will be completed on attractive terms, necessitating investor vigilance.
  • Market Reaction: This downgrade may lead to diminished investor confidence in IO Biotech, further impacting its stock performance, particularly as the company seeks to maximize shareholder value amidst these challenges.
NASDAQ.COM
2.0
01-23NASDAQ.COM
Biotech Stocks Surge: Coherus Up 9.09% in After-Hours Trading
  • Coherus Performance: Coherus Oncology, Inc. (CHRS) rose 9.09% in after-hours trading, closing at $1.73 with a $0.14 gain, indicating strong investor confidence in its future prospects.
  • Sensei Biotech Surge: Sensei Biotherapeutics, Inc. (SNSE) surged 10.06% after hours, finishing at $12.47 with a $1.14 increase, reflecting positive market expectations for its products.
  • uniQure Significant Jump: uniQure N.V. (QURE) posted a 9.96% rise in after-hours trading, closing at $24.95 with a $2.26 gain, suggesting investor optimism regarding its R&D progress.
  • IO Biotech Strategic Exploration: Although IO Biotech, Inc. (IOBT) had no fresh news on Thursday, its stock still gained 4.19%, closing at $0.50, indicating market interest in its exploration of strategic alternatives, including potential mergers or asset sales.
NASDAQ.COM
4.5
01-22NASDAQ.COM
IO Biotech Evaluates Strategic Alternatives Amid $30.7M Cash Position
  • Strategic Review: IO Biotech is exploring various strategic alternatives, including a merger, asset sale, or dissolution, in response to its tightening cash runway, with the board initiating a formal process to maximize shareholder value.
  • Cost-Cutting Measures: The company is considering additional cost-cutting measures, including workforce reductions, although no timeline has been set, indicating the urgency of its financial situation.
  • Clinical Advancements: IO Biotech's T-win platform is advancing, aimed at developing cancer vaccines targeting both tumor cells and immunosuppressive cells, showcasing potential across different tumor settings.
  • Financial Constraints: As of Q3 2025, IO Biotech reported $30.7 million in cash and cash equivalents, sufficient to fund operations only through Q1 2026, heightening the urgency of the strategic review process.
Benzinga
8.5
01-22Benzinga
High Roller Technologies Inc Closes Direct Offering, Raises $25 Million
  • Successful Financing: High Roller Technologies Inc announced the completion of a registered direct offering of 1.89 million common shares at $13.21 per share, raising approximately $25 million in gross proceeds, significantly enhancing the company's liquidity to support future business expansion.
  • Stock Surge: Following this announcement, High Roller’s shares jumped 29.6% to $10.21 in pre-market trading, reflecting strong market confidence in the company's growth potential and likely attracting more investor interest.
  • Positive Market Reaction: The successful financing not only improves High Roller’s capital structure but also positions the company to gain a stronger competitive edge in the fiercely competitive online gaming market, aiding in further market share expansion.
  • Strategic Growth Outlook: With this financing, High Roller Technologies can accelerate its strategic plans, including technological innovation and market expansion, which is expected to bring long-term growth opportunities and enhance shareholder value.
NASDAQ.COM
2.0
01-22NASDAQ.COM
IO Biotech (IOBT) Explores Strategic Alternatives, Stock Surges 19.36%
  • Strategic Alternatives: IO Biotech announced it will explore various strategic alternatives to maximize shareholder value, resulting in a 19.36% stock surge to $0.25, indicating strong investor interest in potential mergers or asset sales.
  • Cost-Cutting Measures: The company is evaluating further reductions in force and other measures to significantly cut operating expenses, aiming to enhance financial flexibility and pave the way for future strategic options.
  • Speculative Trading: Cue Biopharma's stock rose 10.67% to $0.42 despite no new company news, suggesting speculative trading activity may reflect investor optimism in the biotech sector.
  • Continued Growth Trend: InfuSystem and Cabaletta Bio saw stock increases of 7.19% and 7.68%, respectively, demonstrating ongoing investor interest in the medical services and biotech sectors, despite the absence of new corporate updates.
Wall Street analysts forecast IOBT stock price to rise
3 Analyst Rating
Wall Street analysts forecast IOBT stock price to rise
0 Buy
2 Hold
1 Sell
Moderate Sell
Current: 0.000
sliders
Low
0.36
Averages
0.43
High
0.50
Current: 0.000
sliders
Low
0.36
Averages
0.43
High
0.50
Piper Sandler
Overweight -> Neutral
downgrade
$3
AI Analysis
2026-01-26
Reason
Piper Sandler
Price Target
$3
AI Analysis
2026-01-26
downgrade
Overweight -> Neutral
Reason
Piper Sandler Friday night downgraded IO Biotech to Neutral from Overweight with a price target of 50c, down from $3. The firm cites the company's intention to explore strategic opportunities to maximize shareholder value for the downgrade. While the underlying science behind IO's T-win platform and lead candidate cylembio is promising, the company continues to face capital constraints, the analyst tells investors in a research note. Piper stepped to the sidelines, saying there's no assurance the company's strategic alternatives process will pan out favorably, or that a transaction will be completed on attractive terms.
Piper Sandler
Allison Bratzel
Overweight
to
Neutral
downgrade
$3
2026-01-23
Reason
Piper Sandler
Allison Bratzel
Price Target
$3
2026-01-23
downgrade
Overweight
to
Neutral
Reason
Piper Sandler analyst Allison Bratzel downgraded IO Biotech to Neutral from Overweight with a price target of 50c, down from $3.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for IOBT
Unlock Now

Valuation Metrics

The current forward P/E ratio for IO Biotech Inc (IOBT.O) is -1.19, compared to its 5-year average forward P/E of -1.41. For a more detailed relative valuation and DCF analysis to assess IO Biotech 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
-1.41
Current PE
-1.19
Overvalued PE
-0.56
Undervalued PE
-2.25

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
-0.25
Current EV/EBITDA
-0.60
Overvalued EV/EBITDA
1.02
Undervalued EV/EBITDA
-1.53

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
0.00
Current PS
0.00
Overvalued PS
0.00
Undervalued PS
0.00

Financials

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Whales Holding IOBT

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Novo Holdings A/S
Holding
IOBT
-24.12%
3M Return

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Frequently Asked Questions

What is IO Biotech Inc (IOBT) stock price today?

The current price of IOBT is 0.2218 USD — it has decreased -11.2

What is IO Biotech Inc (IOBT)'s business?

IO Biotech Inc is a clinical-stage biopharmaceutical company developing immune-modulating cancer therapies based on T-win technology platform. The Company’s product candidates are designed to induce the immune system to simultaneously target and disrupt multiple pathways that regulate tumor-induced immunosuppression. IO Biotech’s lead product candidate, IO102-IO103, is designed to target the immunosuppressive mechanisms mediated by key immunosuppressive proteins such as IDO and PD-L1. The Company develops a pipeline of product candidates that leverage its T-win technology platform to address targets within the TME. The Company is spin-off of National Cancer for Center Immune Therapy at Herlev University Hospital in Denmark.

What is the price predicton of IOBT Stock?

Wall Street analysts forecast IOBT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IOBT is0.43 USD with a low forecast of 0.36 USD and a high forecast of 0.50 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 IO Biotech Inc (IOBT)'s revenue for the last quarter?

IO Biotech Inc revenue for the last quarter amounts to 0.00 USD, decreased

What is IO Biotech Inc (IOBT)'s earnings per share (EPS) for the last quarter?

IO Biotech Inc. EPS for the last quarter amounts to -0.13 USD, decreased -63.89

How many employees does IO Biotech Inc (IOBT). have?

IO Biotech Inc (IOBT) has 80 emplpoyees as of March 12 2026.

What is IO Biotech Inc (IOBT) market cap?

Today IOBT has the market capitalization of 15.96M USD.