Immunovant, Inc. (IMVT) Stock Price & Analysis
Immunovant, Inc. (IMVT) closed at USD 29.1 on Thursday, October 22, 2026, up 2.54% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 28.38; the Oct 22, 2026 session ranged USD 27.98–29.12 on volume of 1,157,191 shares. Market capitalization is $6.01B, with a 52-week range of USD 18.51–45.42 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:23 UTC.
Also available as compact Markdown for AI agents: nexqual.com/IMVT.md
Key facts (IMVT)
- 1 of 80 tracked superinvestors hold IMVT (13F, Q2 2026): 0 new, 0 added, 0 reduced, 1 unchanged.
- Analysts: Buy (mean 2.12 on a 1–5 scale) (17 analysts), mean target USD 48.88 (range 30–66).
- Total return with dividends: 1Y +55.3% vs S&P 500 +14.9%; 5Y +250.6% vs S&P 500 +80.3%.
- Next earnings: 2026-11-09, EPS estimate USD -0.72, revenue estimate $0K.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (IMVT)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Net income | -$157M | -$211M | -$259M | -$414M | -$506M | -$538M |
| EPS (diluted) | -$1.43 | -$1.71 | -$1.88 | -$2.73 | -$2.77 | — |
| Free cash flow | -$106M | -$188M | -$215M | -$377M | -$407M | — |
| Cash + short-term investments | $494M | $377M | $635M | $714M | $902M | — |
Fiscal years end Mar. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (IMVT)
P/B 8.2x · Earnings yield -8.95%
Superinvestors (SEC 13F-HR, Q2 2026) (IMVT)
1 of 80 tracked investors hold IMVT. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| David Einhorn | Greenlight Capital | 0.09% | $3.6M | Unchanged |
Analysts (IMVT)
Consensus Buy (mean 2.12 on a 1–5 scale), 17 analysts; mean target USD 48.88 (low 30, high 66).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-04 | JP Morgan | Target raised | Overweight | $47 → $50 |
| 2026-06-30 | Citigroup | Target raised | Buy | $57 → $61 |
Total return (dividends reinvested) (IMVT)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +55.3% | +250.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +55.5% | +28.4% |
| Volatility (annualized) | 55.6% | 63.1% |
| Max drawdown | -40.5% (Aug 2026→Oct 2026) | -67.2% (Jan 2024→May 2025) |
IMVT suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | HanAll Biopharma | “HanAll may disagree with our interpretation of the agreement or our actions thereunder, and we may be unable to reach an agreement with HanAll regarding the future of batoclimab.” |
| Partner | Roivant Sciences Ltd. (ROIV) | “On December 19, 2017, Roivant Sciences GmbH ("RSG"), a wholly-owned subsidiary of RSL, entered into a license agreement (the "HanAll Agreement") with HanAll Biopharma Co., Ltd. ("HanAll").” |
| Partner | Leerink Partners | “We have a sales agreement with Leerink Partners LLC ("Leerink Partners"), as sales agent, pursuant to which we may offer and sell, from time to time, shares of our common stock (the "ATM Shares"), subject to certain conditions as specified in the sales agreement.” |
Quoted from the company's 10-K filed May 20, 2026.
Companies that name IMVT in their SEC reports
| Relationship to IMVT | Company | Filing | Sentence |
|---|---|---|---|
| partner | Roivant Sciences Ltd. (ROIV) | 10-K May 20, 2026 | “•the fact that Immunovant relies on a license agreement with HanAll Biopharma Co., Ltd. to provide the rights to the core intellectual property relating to IMVT-1402 and batoclimab;” |
IMVT company outlook (results filed Aug 6, 2026)
- “The Company expects to provide further updates on its potentially registrational IMVT-1402 D2T RA program and report topline data from the proof-of-concept trial of IMVT-1402 in CLE in the second half of calendar year 2026.”
- “In calendar year 2027, topline data are anticipated for the potentially registrational trials evaluating IMVT-1402 in GD and MG.”
- “Topline data are expected to follow in calendar year 2028 for the potentially registrational trials of IMVT-1402 in CIDP and SjD.”
- “Immunovant's expectations regarding the availability of results of clinical trials of IMVT-1402 and whether those results may be adequate to support registration; and the Company's beliefs regarding the potential sufficiency of its cash runway.”
Quoted word-for-word from the SEC 8-K results press release.
IMVT analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.72 | $-0.53 | +37.3% | $0 | 3 |
| Next quarter (ends Dec 2026) | $-0.67 | $-0.45 | +50.5% | $0 | 3 |
| Current fiscal year (ends Mar 2027) | $-2.84 | $-2.52 | +12.9% | $0 | 5 |
| Next fiscal year (ends Mar 2028) | $-2.75 | $-2.40 | +14.7% | $36.8M | 5 |
IMVT options: expected move
Options price a move of about ±13.4% (±$4.00) by Nov 20, 2026, which includes earnings on Nov 9, 2026. Over the last 8 reports the stock moved ±8.3% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 59.3% | ±13.4% |
| Dec 18, 2026 | 56 | 83.6% | ±26.1% |
| Jan 15, 2027 | 84 | 79.1% | ±30.0% |
| Mar 19, 2027 | 147 | 78.5% | ±39.0% |
| Apr 16, 2027 | 175 | 77.2% | ±41.6% |
30-day implied volatility 79.7% vs 39.9% realized over the last 30 trading days. Put/call ratio (volume) 0.1. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:23 UTC)
| Price | USD 29.1 |
|---|---|
| Change | ▲ 2.54% (up) |
| Previous Close | USD 28.38 |
| Open | USD 28.09 |
| Day Range | USD 27.98 – 29.12 |
| 52-Week Range | USD 18.51 – 45.42 |
| Volume | 1,157,191 shares |
| Market Cap | $6.01B |
| Exchange | NMS |
Technical Analysis (IMVT)
Nexqual's technical model rates IMVT "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:23 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 33.4 (neutral) |
| vs SMA50 | Below (USD 36.3) |
| MACD | -2.31 (negative) |
Analyst Ratings (IMVT)
Wall Street analysts rate IMVT "Buy" based on 17 analysts, with a mean price target of USD 48.88 (range USD 30–66), per Nexqual as of October 23, 2026 at 09:23 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 17 |
| Mean Target | USD 48.88 |
| High Target | USD 66 |
| Low Target | USD 30 |
| Buy / Hold / Sell | 13 / 4 / 0 |
Earnings (IMVT)
| Next Earnings Date | 2026-11-09 |
|---|---|
| EPS Estimate | USD -0.72 |
| Revenue Estimate | $0 |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.68 vs est -0.61 ▼ miss |
| 2026-03-31 | USD -0.67 vs est -0.63 ▼ miss |
| 2025-12-31 | USD -0.54 vs est -0.69 ▲ beat |
| 2025-09-30 | USD -0.65 vs est -0.73 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Financials & Fundamentals (IMVT)
| Gross Margin | +0.00% |
|---|---|
| Operating Margin | +0.00% |
| Profit Margin | +0.00% |
| ROE | -80.10% |
| Current Ratio | 7.27 |
| Total Cash | $797.80M |
| Total Debt | $0 |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Financial Health Score (IMVT)
Nexqual rates Immunovant, Inc.'s overall financial health "Weak" across five dimensions, as of October 23, 2026 at 09:23 UTC.
| Growth | Mixed — No data |
|---|---|
| Profitability | Weak — Pre-revenue or very early stage |
| Balance Sheet | Mixed — $798M cash, no debt |
| Cash Flow | Weak — Operating cash flow -$407M (FY ended Mar 2026, 10-K) |
| Efficiency | Critical — ROE -80%, ROA -46.7% |
Ownership (IMVT)
| Insider Ownership | +56.01% |
|---|---|
| Institutional Ownership | +54.67% |
| Shares Outstanding | 206.55M |
| Float | 91.78M |
| Short % of Float | +18.74% |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Leadership (IMVT)
Immunovant, Inc. is led by Eric Venker M.D., Pharm.D., CEO & Director, per Nexqual as of October 23, 2026 at 09:23 UTC.
| CEO & Director | Eric Venker M.D., Pharm.D. |
|---|---|
| Chief Financial Officer | Tiago M. Girao |
| Chief Operating Officer | Melanie Gloria B.S.N. |
| Chief Technology Officer | Jay S. Stout M.S. |
| Senior Vice President of Human Resources | Christine Blodgett |
Major Backers & Investors (IMVT)
Notable institutional backers of Immunovant, Inc. include FMR, LLC, Deep Track Capital, Lp, Fidelity, according to Nexqual as of October 23, 2026 at 09:23 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 7.84% |
| Deep Track Capital, Lp | 4.52% |
| Fidelity | 3.68% |
| Farallon Capital Management LLC | 2.81% |
| Baker Bros. Advisors, LP | 2.63% |
| Two Seas Capital Lp | 2.23% |
| Morgan Stanley | 2.2% |
| TCG Crossover Management, LLC | 2.16% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 3.48% |
| State Street | 2.24% |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
From Immunovant, Inc.'s Latest SEC 10-K Filing (filed 2026-05-20)
Key Strengths & Strategy (as disclosed to the SEC)
- Recent industry experience with anti‑FcRn therapies has informed our approach to evaluating RA.
Partnerships
- HanAll may disagree with our interpretation of the agreement or our actions thereunder, and we may be unable to reach an agreement with HanAll regarding the future of batoclimab.
- More details on the trial design are described in the figure below: License Agreement with HanAll Biopharma Co., Ltd.
Legal & Regulatory Risks (Item 1A, quoted)
- We currently have no products that are approved for commercial sale and may never be able to develop marketable products.
- We may encounter delays or difficulties in enrolling or be unable to enroll a sufficient number of patients to complete any of our clinical trials on our current timelines, or at all, and even once enrolled, we may be unable to retain a sufficient number of patients to complete any of our trials.
- The results of our preclinical studies and clinical trials may not support our proposed claims for our product candidates, or regulatory approval on a timely basis or at all, and the results of earlier studies and trials may not be predictive of future trial results.
- The results of preclinical studies and early clinical trials of our product candidates may not be predictive of the results of later-stage clinical trials.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
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|---|---|---|---|
| LGND | Ligand Pharmaceuticals Incorpor | USD 307.82 | ▼ 2.21% |
| RYTM | Rhythm Pharmaceuticals, Inc. | USD 90.9 | ▲ 2.57% |
| IOVA | Iovance Biotherapeutics, Inc. | USD 14.14 | ▼ 3.28% |
| PRAX | Praxis Precision Medicines, Inc | USD 258.92 | ▲ 0.96% |
| IONS | Ionis Pharmaceuticals, Inc. | USD 43.91 | ▼ 0.81% |
| ABVX | Abivax SA | USD 90.23 | ▼ 3.49% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:23 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt