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Immunocore Holdings plc (IMCR)

Healthcare | Biotechnology | Abingdon, United Kingdom | NasdaqGS
32.49 USD +0.54 (1.690%) ⇧ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:04 a.m. EDT

The long-term outlook remains precarious due to a deteriorating multi-year price trajectory. While the business shows signs of operational recovery with positive operating margins and accelerating quarterly earnings growth, the stock has suffered two consecutive years of negative annual returns, capping the long-term rating at a weak level. The market appears to be pricing in significant execution risk or clinical hurdles, evidenced by the heavy put positioning in the options chain which suggests investors are hedging against further declines rather than betting on a rally. With no dividend to provide income and negative earnings preventing a traditional value thesis, the investment case relies entirely on the successful commercialization of its pipeline to reverse the multi-year trend.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.073030
MSTL_900.073196
MSTL0.073221
AutoARIMA0.073321
AutoETS0.074191
MSTL_90_1150.091736
MSTL_1150.091760

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 37%
H-stat 0.70
Ljung-Box p 0.000
Jarque-Bera p 0.008
Excess Kurtosis 0.08
Attribute Value
Sector Healthcare
Debt to Equity Ratio 110.671
Revenue per Share 8.172
Market Cap 1,652,622,592
Forward P/E -51.98
Beta 0.73
Profit Margins -6.68%
Previous Name Immunocore Holdings Limited
Website https://www.immunocore.com

As of July 11, 2026, 6:04 a.m. EDT: Speculators are overwhelmingly positioning for downside protection rather than upside breakout. Put volume and open interest significantly exceed call volume across all expirations, with deep out-of-the-money puts holding substantial open interest relative to the tiny call activity. This indicates a market consensus expecting further weakness or volatility to the downside, despite the stock trading near its 52-week high.


Info Dump

Attribute Value
52 Week Change -0.07567567
Address1 92 Park Drive
Address2 Milton Park
All Time High 76.98
All Time Low 18.43
Ask 39.92
Ask Size 2
Average Analyst Rating 1.6 - Buy
Average Daily Volume10 Day 681,840
Average Daily Volume3 Month 485,537
Average Volume 485,537
Average Volume10Days 681,840
Beta 0.729
Bid 23.89
Bid Size 2
Book Value 7.745
City Abingdon
Compensation As Of Epoch Date 1,767,139,200
Country United Kingdom
Crypto Tradeable 0
Currency USD
Current Price 32.49
Current Ratio 4.181
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 33.285
Day Low 30.29
Debt To Equity 110.671
Display Name Immunocore
Earnings Call Timestamp End 1,772,024,400
Earnings Call Timestamp Start 1,772,024,400
Earnings Growth 1.5
Earnings Quarterly Growth 1.582
Earnings Timestamp 1,778,070,600
Earnings Timestamp End 1,786,019,400
Earnings Timestamp Start 1,786,019,400
Ebitda -11,369,000
Ebitda Margins -0.02754
Enterprise To Ebitda -109.368
Enterprise To Revenue 3.012
Enterprise Value 1,243,409,536
Eps Current Year 0.11333
Eps Forward -0.625
Eps Trailing Twelve Months -0.56
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 29.6556
Fifty Day Average Change 2.834402
Fifty Day Average Change Percent 0.0955773
Fifty Two Week Change Percent -7.567567
Fifty Two Week High 40.715
Fifty Two Week High Change -8.224998
Fifty Two Week High Change Percent -0.20201395
Fifty Two Week Low 27.555
Fifty Two Week Low Change 4.9350014
Fifty Two Week Low Change Percent 0.1790964
Fifty Two Week Range 27.555 - 40.715
Financial Currency USD
First Trade Date Milliseconds 1,612,535,400,000
Float Shares 42,460,547
Forward Eps -0.625
Forward P E -51.984
Free Cashflow 58,577,376
Full Exchange Name NasdaqGS
Full Time Employees 524
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.32279
Gross Profits 133,253,000
Has Pre Post Market Data 1
Held Percent Insiders 0.00066
Held Percent Institutions 1.0446601
Implied Shares Outstanding 50,865,574
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,021-02-05
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Immunocore Holdings plc, together with its subsidiaries, engages in the development and commercialization of immunomodulating medicines for patients with cancer, infectious diseases, and autoimmune disease in the United States, Europe, and internationally. The company offers KIMMTRAK for the treatment of unresectable or metastatic uveal melanoma. It also develops oncology programs, including tebentafusp which is in Phase 3 clinical trial for the treatment of advanced cutaneous melanoma and adjuvant uveal melanoma; brenetafusp which is in Phase 3 clinical trial for the treatment of first-line advanced cutaneous melanoma and in Phase 1/2 clinical trial for the treatment of various tumor types; IMC-R117C which is in Phase 1/2 clinical trial for the treatment of advanced solid tumors, such as colorectal cancer; and IMC-P115C which is in Phase 1 clinical trial for patients with tumors that express PRAME. In addition, the company is involved in the development of IMC-M113V which is in Phase 1 clinical trial for a potential functional cure of human immunodeficiency virus; and IMC-I109V which is in Phase 1 clinical trial for a potential functional cure of hepatitis B virus. Further, it develops IMC-S118AI which is in pre-investigation stage for the treatment of type 1 diabetes; and IMC-U120AI which is in pre-investigation stage for the treatment of atopic dermatitis. The company was founded in 1999 and is headquartered in Abingdon, the United Kingdom.
Long Name Immunocore Holdings plc
Market us_market
Market Cap 1,652,622,592
Market State PRE
Max Age 86,400
Message Board Id finmb_133103539
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-14
Net Income To Common -27,566,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,652,622,499
Number Of Analyst Opinions 12
Open 31.73
Operating Cashflow -24,922,000
Operating Margins 0.06824
Payout Ratio 0.0
Phone 44 12 3543 8600
Pre Market Change -0.020000458
Pre Market Change Percent -0.06155881
Pre Market Price 32.47
Pre Market Time 1,784,032,242
Prev Name Immunocore Holdings Limited
Previous Close 31.95
Price Eps Current Year 286.6849
Price Hint 2
Price To Book 4.194965
Price To Sales Trailing12 Months 4.0033298
Profit Margins -0.06678
Quick Ratio 3.856
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.64286
Region US
Regular Market Change 0.540001
Regular Market Change Percent 1.69014
Regular Market Day High 33.285
Regular Market Day Low 30.29
Regular Market Day Range 30.29 - 33.285
Regular Market Open 31.73
Regular Market Previous Close 31.95
Regular Market Price 32.49
Regular Market Time 1,783,972,801
Regular Market Volume 892,568
Return On Assets -0.00877
Return On Equity -0.0714
Revenue Growth 0.136
Revenue Per Share 8.172
Sand P52 Week Change 0.20365608
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 50,865,574
Shares Percent Shares Out 0.1768
Shares Short 8,992,351
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 8,749,260
Short Name Immunocore Holdings plc
Short Percent Of Float 0.1967
Short Ratio 15.66
Source Interval 15
Symbol IMCR
Target High Price 100.0
Target Low Price 34.0
Target Mean Price 63.36708
Target Median Price 61.0
Total Cash 844,896,000
Total Cash Per Share 16.61
Total Debt 435,683,008
Total Revenue 412,812,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.56
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 32.503124
Two Hundred Day Average Change -0.013122559
Two Hundred Day Average Change Percent -0.00040373224
Type Disp Equity
Volume 892,568
Website https://www.immunocore.com
Zip OX14 4RY