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Stock impact report

Assessing ImmunityBio (IBRX) Valuation After Positive ANKTIVA Lung Cancer Trial Results [Yahoo! Finance]

ImmunityBio, Inc. (IBRX) 
Company Research Source: Yahoo! Finance
suggesting meaningful immune restoration and survival links in heavily treated patients. See our latest analysis for ImmunityBio. The ANKTIVA update and ImmunityBio's visibility around the U.S.-Saudi Biotech Alliance Summit appear to sit alongside strong recent price momentum, with a 7 day share price return of 31.78% and year to date share price return of 39.60%. However, the 3 year total shareholder return of a 40.51% decline underlines how recent optimism follows a tougher stretch for long term holders. If this kind of clinical news has your attention, it could be a good moment to scan other healthcare stocks that might fit your watchlist next. With the shares at US$2.82, a value score of 3, and a price target of US$10.40 implying a very large upside, you have to ask: is ImmunityBio still underappreciated, or is the market already pricing in future growth? At a last close of US$2.82 and a P/S of 33.6x, ImmunityBio screens as expensive compared to peers, even though some m Show less Read more
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