
Iovance Biotherapeutics (IOVA) Stock Forecast & Price Target
Iovance Biotherapeutics (IOVA) Analyst Ratings
Bulls say
Iovance Biotherapeutics Inc. is poised for significant growth as it approaches potential U.S. regulatory approvals for its autologous T-cell therapy aimed at treating solid tumors, with an expected revenue guidance of $450-$475 million for FY25 supported by increased demand and strategic community referrals. In Q4 2024, the company reported revenues of $73.7 million, surpassing projections and reflecting a sequential uptick in both Amtagvi and Proleukin, which bodes well for future performance. Additionally, a focus on improving gross product margins to exceed 70% in the coming years, combined with a projected cash burn of under $300 million, bolsters the company’s financial outlook and positions it favorably in the market.
Bears say
Iovance Biotherapeutics faces significant financial challenges, as its cash burn exceeds expectations and the company struggles to secure necessary capital for product launches and achieve commercial profitability. Despite a modest revenue forecast for FY24, concerns are heightened by a potential failure to gain regulatory approval for products outside of post-checkpoint melanoma, which could lead to downward revisions in risk-adjusted projections. Additionally, an increased likelihood of manufacturing setbacks and clinical risks related to efficacy and safety may further undermine investor confidence, impacting the overall outlook for the company's stock.
This aggregate rating is based on analysts' research of Iovance Biotherapeutics and is not a guaranteed prediction by Public.com or investment advice.
Iovance Biotherapeutics (IOVA) Analyst Forecast & Price Prediction
Start investing in Iovance Biotherapeutics (IOVA)
Order type
Buy in
Order amount
Est. shares
0 shares