IO Biotech
(NASDAQ:IOBT)
$1.36
-0.04[-2.86%]
At close: May 16
$1.36
0[0.00%]
After Hours: 7:09AM EDT
Q1 2024 Earnings were released on Tue May 14th, before the market open
Consensus Rating1
Buy
Highest Price Target1
$12.00
Lowest Price Target1
$7.00
Consensus Price Target1
$9.80

IO Biotech Stock (NASDAQ:IOBT), Analyst Ratings, Price Targets, Predictions

IO Biotech Inc has a consensus price target of $9.8, established from looking at the 12 latest analyst ratings. The last 3 analyst ratings were released from HC Wainwright & Co., HC Wainwright & Co., and Piper Sandler on May 15, 2024, March 6, 2024, and September 28, 2023. With an average price target of $10 between HC Wainwright & Co., HC Wainwright & Co., and Piper Sandler, there's an implied 624.64% upside for IO Biotech Inc from these 3 analyst ratings.

Analyst Trend
1
Mar
1
May
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
4.3
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
Piper Sandler
Morgan Stanley
Cowen & Co.
Jefferies

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for IO Biotech

Buy NowGet Alert
05/15/2024Buy Now769.57%HC Wainwright & Co.
Emily Bodnar
$8 → $12MaintainsBuyGet Alert
03/06/2024Buy Now479.71%HC Wainwright & Co.
Emily Bodnar
→ $8ReiteratesBuy → BuyGet Alert
09/28/2023Buy Now624.64%Piper Sandler
Christopher Raymond
→ $10Initiates → OverweightGet Alert
09/13/2023Buy Now479.71%HC Wainwright & Co.
Emily Bodnar
→ $8ReiteratesBuy → BuyGet Alert
08/15/2023Buy Now407.25%Morgan Stanley
Matthew Harrison
$11 → $7MaintainsOverweightGet Alert
08/11/2023Buy Now479.71%HC Wainwright & Co.
Emily Bodnar
$11 → $8ReiteratesBuy → BuyGet Alert
03/15/2023Buy Now624.64%HC Wainwright & Co.
Emily Bodnar
→ $10Reiterates → BuyGet Alert
01/24/2023Buy Now697.1%Morgan Stanley
Matthew Harrison
$15 → $11MaintainsOverweightGet Alert
11/21/2022Buy Now624.64%HC Wainwright & Co.
Emily Bodnar
→ $10Initiates → BuyGet Alert
11/30/2021Buy Now1421.74%Morgan Stanley
Matthew Harrison
Initiates → OverweightGet Alert
11/30/2021Buy NowCowen & Co.
Yaron Werber
Initiates → OutperformGet Alert
11/30/2021Buy Now1349.28%Jefferies
Chris Howerton
Initiates → BuyGet Alert

FAQ

Q

What is the target price for IO Biotech (IOBT)?

A

The latest price target for IO Biotech (NASDAQ: IOBT) was reported by HC Wainwright & Co. on May 15, 2024. The analyst firm set a price target for $12.00 expecting IOBT to rise to within 12 months (a possible 782.35% upside). 6 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for IO Biotech (IOBT)?

A

The latest analyst rating for IO Biotech (NASDAQ: IOBT) was provided by HC Wainwright & Co., and IO Biotech maintained their buy rating.

Q

When was the last upgrade for IO Biotech (IOBT)?

A

There is no last upgrade for IO Biotech.

Q

When was the last downgrade for IO Biotech (IOBT)?

A

There is no last downgrade for IO Biotech.

Q

When is the next analyst rating going to be posted or updated for IO Biotech (IOBT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of IO Biotech, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for IO Biotech was filed on May 15, 2024 so you should expect the next rating to be made available sometime around May 15, 2025.

Q

Is the Analyst Rating IO Biotech (IOBT) correct?

A

While ratings are subjective and will change, the latest IO Biotech (IOBT) rating was a maintained with a price target of $8.00 to $12.00. The current price IO Biotech (IOBT) is trading at is $1.36, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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