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Agenus Inc. (AGEN)

Healthcare | Biotechnology | Lexington, United States | NasdaqCM
6.12 USD +2.77 (82.687%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 6.11 -0.01 (-0.009%) ⇩ (July 13, 2026, 7:59 p.m. EDT)

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 4:39 a.m. EDT

The investment case here is fundamentally broken by a brutal multi-year decline. Despite the company reporting positive profit margins and strong revenue growth recently, the stock has lost over 92% of its value over the last nine years, with four consecutive years of negative annual returns ending just last year. This persistent price collapse suggests the market sees severe structural issues—likely related to the massive cash burn and negative book value—that outweigh the top-line growth. The balance sheet is precarious, with debt exceeding cash reserves and a current ratio below 0.4, creating a high risk of liquidity distress. Analysts are optimistic with a $15.50 target, but this ignores the reality that the business may be unable to sustain operations without further dilution or capital raises. On the short end, the stock is technically oversold but lacks the catalyst to reverse the trend immediately, while the options market is screaming 'sell' with heavy put positioning. There is no dividend to provide income, and the long-term outlook remains deeply bearish due to the deteriorating equity base and funding risks.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.178802
AutoARIMA0.181728
AutoETS0.181734
AutoTheta0.268440

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 23%
H-stat 2.17
Ljung-Box p 0.670
Jarque-Bera p 0.000
Excess Kurtosis 16.19
Attribute Value
Sector Healthcare
Revenue per Share 3.742
Market Cap 254,851,680
Trailing P/E 2.99
Forward P/E -2.66
Beta 1.55
Profit Margins 52.16%
Website https://www.agenusbio.com

As of July 11, 2026, 4:39 a.m. EDT: Speculators are heavily positioning for downside protection with significant open interest in out-of-the-money puts expiring in late 2027 and early 2028, particularly at strikes well below the current price. While there is some call volume at higher strikes ($5-$10) suggesting a speculative hope for a recovery, the overwhelming weight of the options chain (over 90% of open interest in long-dated contracts) is concentrated in put structures, indicating a market consensus that the stock will likely trade lower before any potential rebound occurs.


Info Dump

Attribute Value
52 Week Change -0.50951684
Address1 3 Forbes Road
All Time High 7,065.751
All Time Low 1.38
Ask 7.74
Ask Size 2
Average Analyst Rating 1.0 - Strong Buy
Average Daily Volume10 Day 1,193,580
Average Daily Volume3 Month 870,254
Average Volume 870,254
Average Volume10Days 1,193,580
Beta 1.554
Bid 4.95
Bid Size 2
Book Value -5.743
City Lexington
Compensation As Of Epoch Date 1,672,444,800
Country United States
Crypto Tradeable 0
Currency USD
Current Price 6.12
Current Ratio 0.382
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 8.7
Day Low 4.91
Display Name Agenus
Earnings Call Timestamp End 1,747,053,000
Earnings Call Timestamp Start 1,747,053,000
Earnings Timestamp 1,778,502,600
Earnings Timestamp End 1,786,365,000
Earnings Timestamp Start 1,786,365,000
Ebitda 15,188,000
Ebitda Margins 0.12262
Enterprise To Ebitda 16.69
Enterprise To Revenue 2.046
Enterprise Value 253,484,736
Eps Current Year 0.5
Eps Forward -2.3
Eps Trailing Twelve Months 2.05
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 781 674 4200
Fifty Day Average 3.3516
Fifty Day Average Change 2.7684
Fifty Day Average Change Percent 0.82599354
Fifty Two Week Change Percent -50.951683
Fifty Two Week High 8.7
Fifty Two Week High Change -2.58
Fifty Two Week High Change Percent -0.29655173
Fifty Two Week Low 2.71
Fifty Two Week Low Change 3.4099998
Fifty Two Week Low Change Percent 1.2583025
Fifty Two Week Range 2.71 - 8.7
Financial Currency USD
First Trade Date Milliseconds 950,020,200,000
Float Shares 38,852,805
Forward Eps -2.3
Forward P E -2.6608696
Free Cashflow -53,024,876
Full Exchange Name NasdaqCM
Full Time Employees 81
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.97393
Gross Profits 120,637,000
Has Pre Post Market Data 1
Held Percent Insiders 0.06723
Held Percent Institutions 0.23698999
Implied Shares Outstanding 41,642,431
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ir Website http://www.agenusbio.com/investors/performance.shtml
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,712,880,000
Last Split Factor 1:20
Long Business Summary Agenus Inc., a clinical-stage biotechnology company, discovers and develops immunotherapies for cancer and infectious diseases in the United States and internationally. It offers Retrocyte Display, an antibody expression platform for the identification of fully human and humanized monoclonal antibodies; and display technologies. It develops QS-21 Stimulon adjuvant, a saponin-based vaccine adjuvant. The company also develops Balstilimab, a programmed death receptor-1 (PD-1) blocking antibody; AGEN1181, a human Fc-enhanced cytotoxic T-lymphocyte antigen 4 (CTLA-4) blocking antibody that is in Phase 2 trials in metastatic colorectal cancer (mCRC), pancreatic cancer, and melanoma; AGEN2373, a CD137 monospecific antibody that is in Phase 1b clinical trial; AGEN1423, a CD73/TGFß TRAP antibody; AGEN1571, an ILT2 monospecific antibody that is in clinical development; and BMS-986442, a TIGIT bispecific antibodies. In addition, it develops INCAGN1876, a GITR agonist; INCAGN2390, a TIM-3 monoclonal antibodies; INCAGN2385, a LAG-3 monospecific antibody; MK-4830, a monospecific antibody targeting ILT4 that is in Phase 2 clinical trial; and AGEN1884. The company operates under the Agenus, MiNK, Prophage, Retrocyte Display, and STIMULON trademarks. It has collaborations with Bristol-Myers Squibb Company, Betta Pharmaceuticals Co., Ltd., UroGen Pharma Ltd., Gilead Sciences, Inc., Incyte Corporation, and Merck Sharp & Dohme. The company was formerly known as Antigenics Inc. and changed its name to Agenus Inc. in January 2011. Agenus Inc. was founded in 1994 and is headquartered in Lexington, Massachusetts.
Long Name Agenus Inc.
Market us_market
Market Cap 254,851,680
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_409956
Most Recent Quarter 1,774,915,200
Net Income To Common 64,391,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 139,502,143
Number Of Analyst Opinions 2
Open 5.4199
Operating Cashflow -87,527,000
Operating Margins 0.44623002
Payout Ratio 0.0
Peg Ratio 1.44
Phone 781 674 4400
Post Market Change -0.008699894
Post Market Change Percent -0.14215513
Post Market Price 6.1113
Post Market Time 1,783,987,197
Previous Close 3.35
Price Eps Current Year 12.24
Price Hint 2
Price To Book -1.0656451
Price To Sales Trailing12 Months 2.057479
Profit Margins 0.52159
Quick Ratio 0.357
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.0
Region US
Regular Market Change 2.77
Regular Market Change Percent 82.6866
Regular Market Day High 8.7
Regular Market Day Low 4.91
Regular Market Day Range 4.91 - 8.7
Regular Market Open 5.4199
Regular Market Previous Close 3.35
Regular Market Price 6.12
Regular Market Time 1,783,972,801
Regular Market Volume 173,608,324
Return On Assets 0.02525
Revenue Growth 0.402
Revenue Per Share 3.742
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 41,642,431
Shares Percent Shares Out 0.144
Shares Short 5,994,778
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 5,464,046
Short Name Agenus Inc.
Short Percent Of Float 0.1458
Short Ratio 7.13
Source Interval 15
State MA
Symbol AGEN
Target High Price 23.0
Target Low Price 8.0
Target Mean Price 15.5
Target Median Price 15.5
Total Cash 34,996,000
Total Cash Per Share 0.84
Total Debt 41,074,000
Total Revenue 123,866,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 2.05
Trailing P E 2.9853659
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 3.63725
Two Hundred Day Average Change 2.48275
Two Hundred Day Average Change Percent 0.6825899
Type Disp Equity
Volume 173,608,324
Website https://www.agenusbio.com
Zip 02,421-7305