
IO Biotech (IOBT) Stock Forecast & Price Target
IO Biotech (IOBT) Analyst Ratings
Bulls say
IO Biotech Inc. is well-positioned for growth due to promising clinical trial results for its combination therapy, Cylembio + pembro, which has demonstrated robust immune responses and improved progression-free survival in specific patient cohorts. Financial projections indicate significant potential revenue growth, with estimates rising from $6.1 million in fiscal year 2027 to $88.3 million by fiscal year 2032, reflecting confidence in upcoming product launches and partnerships. The company remains dedicated to advancing its Phase 2 trials despite cost-saving measures, underscoring its commitment to developing innovative therapies in the cancer treatment landscape.
Bears say
IO Biotech's stock outlook has been negatively impacted by a significant downgrade in the probability of success for their key product candidates, with estimates for 1L melanoma reduced from 50% to 30% and for other indications even lower. The company is facing a substantial need for additional financing, estimated at approximately $400 million through 2037, which raises concerns about its cash runway extending only into the first quarter of 2026. Compounded by risks such as potential safety signals in clinical programs, regulatory uncertainties, and the threat of de-listing if shares fall below $1, the lack of near-term catalysts following a shift to a new pivotal trial contributes to a bleak outlook for IO Biotech's stock.
This aggregate rating is based on analysts' research of IO Biotech and is not a guaranteed prediction by Public.com or investment advice.
IO Biotech (IOBT) Analyst Forecast & Price Prediction
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