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Immunome, Inc. (IMNM) Stock Analysis

SellVALUE-TRAP 1/5Moderate Confidence

Healthcare · Biotechnology

Sell if holding. Engine safety override at $23.18: Quality below floor (1.7 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.0/10 and A.R:R 3.2:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 17%; Elevated put/call ratio: 1.33; Below-average business quality.

Immunome is a clinical-stage oncology biotech with varegacestat (Phase 3 RINGSIDE trial met all primary and key secondary endpoints in desmoid tumors; NDA planned Q2 2026), IM-1021 (Phase 1 ROR1 ADC showing objective responses), and IM-3050 (Phase 1 FAP radioligand therapy). No... Read more

$23.18+32.4% A.UpsideScore 5.0/10#86 of 158 Biotechnology
Stop $21.50Target $30.60(analyst − 13%)A.R:R 3.2:1
Analyst target$35.17+51.7%12 analysts
$30.60our TP
$23.18price
$35.17mean
$40

Sell if holding. Engine safety override at $23.18: Quality below floor (1.7 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.0/10 and A.R:R 3.2:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 17%; Elevated put/call ratio: 1.33; Below-average business quality. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 5.0/10, moderate confidence.

Passes 4/6 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, semi cycle peak clear). Fails on weak momentum. Suitability: aggressive.

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Pipeline: varegacestat
Quality below floor (1.7 < 4.0)

Key Metrics

P/E (TTM)
P/E (Fwd)-10.9
Mkt Cap$2.6B
EV/EBITDA-9.2
Profit Mgn0.0%
ROE-52.1%
Rev Growth-100.0%
Beta2.14
DividendNone
Rating analysts20

Quality Signals

Piotroski F3/9

Options Flow

P/C1.33bearish
IV100%elevated
Max Pain$15-35.3% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHpipelinevaregacestat
    10-K Item 1A: 'our NDA for varegacestat, once submitted, may not be approved by the FDA'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

4 floor-breakers·2 ceiling hits

Quality below the gate floor. Component breakdown shows what dragged the score down.static

Roe
0.0
Roa
0.0
Gross Margin
0.0
Net Margin
0.0
Fcf Quality
0.0
Piotroski F
3.3
Current Ratio
5.0
Moat
5.0
Cash-burning: FCF -1925% of revenueNo competitive moatWeak Piotroski F-Score: 3/9Quality concerns

No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static

Surprise Avg
0.0
Earnings History
1.1
Erm
5.0
Earnings Timing
5.0
News Activity
5.0
Earnings concerns: 1B/2MEarnings in 12 days

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Growth Rank
0.0
Quality Rank
2.2
Value Rank
5.0

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Volume
0.0
Obv
1.0
Macd
3.0
Rsi
5.0
Ma Position
9.0
Volume distribution (falling OBV)Above 200-day MA
GatesMomentum 3.6<4.5EARNINGS PROXIMITY 12d<=14d (soft)A.R:R 3.2 ≥ 1.5Insider activity: OKNo SEC red flagsSEMI CYCLE PEAK CLEARSuitability: Aggressive
RSI
61 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $20.78Resistance $24.90

Price Targets

$22
$31
A.Upside+32.0%
A.R:R3.2:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (1.7 < 4.0)
! Momentum score 3.6/10 — below 4.5 minimum

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-05-12 (12d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is IMNM stock a buy right now?

Sell if holding. Engine safety override at $23.18: Quality below floor (1.7 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.0/10 and A.R:R 3.2:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 17%; Elevated put/call ratio: 1.33; Below-average business quality. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $21.50. Score 5.0/10, moderate confidence.

What is the IMNM stock price target?

Take-profit target: $30.60 (+32.4% upside). Prior stop was $21.50. Stop-loss: $21.50.

What are the risks of investing in IMNM?

Concentration risk — Pipeline: varegacestat; Quality below floor (1.7 < 4.0).

Is IMNM overvalued or undervalued?

Immunome, Inc. trades at a P/E of N/A (forward -10.9). TrendMatrix value score: 9.0/10. Verdict: Sell.

What do analysts say about IMNM?

20 analysts cover IMNM with a consensus score of 4.3/5. Average price target: $35.

What does Immunome, Inc. do?Immunome is a clinical-stage oncology biotech with varegacestat (Phase 3 RINGSIDE trial met all primary and key...

Immunome is a clinical-stage oncology biotech with varegacestat (Phase 3 RINGSIDE trial met all primary and key secondary endpoints in desmoid tumors; NDA planned Q2 2026), IM-1021 (Phase 1 ROR1 ADC showing objective responses), and IM-3050 (Phase 1 FAP radioligand therapy). No approved products or revenue; accumulated deficit of $728.2M as of Dec 31, 2025.

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