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Immunocore Holdings plc (IMCR)

Healthcare | Biotechnology | Abingdon, United Kingdom | NasdaqGS
36.62 USD -0.13 (-0.354%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 36.62

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 3:40 a.m. EDT

The investment case for Immunocore is currently bifurcated between a deteriorating operational reality and a speculative hope for a clinical turnaround. Fundamentally, the company is struggling; it posted negative earnings, missed estimates in the second quarter, and has suffered two consecutive years of declining share prices, erasing nearly 40% of its value over the last four years. While revenue growth from its Kimmtrak product offers a glimmer of light, the balance sheet remains fragile with negative operating cash flow and a debt load that exceeds equity, leaving little room for error in a biotech landscape demanding capital efficiency. The short-term outlook is murky. Despite a 'strong buy' analyst consensus driven by a lofty $63 target price, the actual price action shows no momentum, hovering near the 52-week low. The statistical forecast models offer no directional bias, reflecting the high uncertainty surrounding the next catalyst. Options data confirms this hesitation: traders are buying insurance (puts) rather than betting on a rally, establishing a defensive floor rather than a bullish ceiling. Consequently, the stock lacks the fundamental durability for a long-term hold and the technical momentum for a short-term trade. It remains a speculative vehicle waiting for definitive proof of commercial success or a strategic acquisition, rather than a compounder.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.093374
MSTL0.103768
AutoTheta0.107383
AutoETS0.107568

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 38%
H-stat 45.06
Ljung-Box p 0.000
Jarque-Bera p 0.121
Excess Kurtosis -1.37
Attribute Value
Sector Healthcare
Debt to Equity Ratio 103.611
Revenue per Share 8.499
Market Cap 1,885,879,296
Forward P/E -48.76
Beta 0.74
Profit Margins -4.20%
Previous Name Immunocore Holdings Limited
Website https://www.immunocore.com

As of Aug. 22, 2026, 3:40 a.m. EDT: Speculators are positioning defensively with heavy put volume concentrated in October and December expirations, creating a significant 'floor' around the $20-$30 range. Conversely, call activity is sparse and skewed toward deep out-of-the-money strikes ($45-$50), suggesting limited conviction in an immediate breakout despite the stock trading near its 52-week lows.


Info Dump

Attribute Value
52 Week Change 0.13515186
Address1 92 Park Drive
Address2 Milton Park
All Time High 76.98
All Time Low 18.43
Ask 36.61
Ask Size 2
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 393,290
Average Daily Volume3 Month 527,939
Average Volume 527,939
Average Volume10Days 393,290
Beta 0.737
Bid 26.13
Bid Size 2
Book Value 8.155
City Abingdon
Compensation As Of Epoch Date 1,767,139,200
Country United Kingdom
Crypto Tradeable 0
Currency USD
Current Price 36.62
Current Ratio 4.469
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 36.78
Day Low 36.05
Debt To Equity 103.611
Display Name Immunocore
Earnings Call Timestamp End 1,786,017,600
Earnings Call Timestamp Start 1,786,017,600
Earnings Timestamp 1,786,019,400
Earnings Timestamp End 1,793,881,800
Earnings Timestamp Start 1,793,881,800
Ebitda 756,000
Ebitda Margins 0.0017499999
Enterprise To Ebitda 1,905.592
Enterprise To Revenue 3.344
Enterprise Value 1,440,627,328
Eps Current Year -0.07739
Eps Forward -0.75101
Eps Trailing Twelve Months -0.36
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 33.7284
Fifty Day Average Change 2.8915977
Fifty Day Average Change Percent 0.085731834
Fifty Two Week Change Percent 13.515186
Fifty Two Week High 40.715
Fifty Two Week High Change -4.095001
Fifty Two Week High Change Percent -0.10057721
Fifty Two Week Low 27.555
Fifty Two Week Low Change 9.064999
Fifty Two Week Low Change Percent 0.32897836
Fifty Two Week Range 27.555 - 40.715
Financial Currency USD
First Trade Date Milliseconds 1,612,535,400,000
Float Shares 45,834,799
Forward Eps -0.75101
Forward P E -48.761
Free Cashflow 35,592,124
Full Exchange Name NasdaqGS
Full Time Employees 524
Fullday Change -0.130001
Fullday Change Percent -0.353744
Fullday Price 36.62
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.32868
Gross Profits 141,586,000
Has Pre Post Market Data 1
Held Percent Insiders 0.00066
Held Percent Institutions 1.03036
Implied Shares Outstanding 51,498,617
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 1,885,879,296
Market State CLOSED
Max Age 86,400
Message Board Id finmb_133103539
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-08-29
Net Income To Common -18,074,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,892,574,174
Number Of Analyst Opinions 12
Open 36.64
Operating Cashflow -34,958,000
Operating Margins -0.025840001
Payout Ratio 0.0
Phone 44 12 3543 8600
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 36.62
Post Market Time 1,787,959,806
Prev Name Immunocore Holdings Limited
Previous Close 36.75
Price Eps Current Year -473.18774
Price Hint 2
Price To Book 4.4904966
Price To Sales Trailing12 Months 4.3778753
Profit Margins -0.04196
Quick Ratio 4.148
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.33333
Region US
Regular Market Change -0.130001
Regular Market Change Percent -0.353744
Regular Market Day High 36.78
Regular Market Day Low 36.05
Regular Market Day Range 36.05 - 36.78
Regular Market Open 36.64
Regular Market Previous Close 36.75
Regular Market Price 36.62
Regular Market Time 1,787,947,201
Regular Market Volume 300,325
Return On Assets -0.00162
Return On Equity -0.04472
Revenue Growth 0.183
Revenue Per Share 8.499
Sand P52 Week Change 0.20204377
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 51,498,617
Shares Percent Shares Out 0.1533
Shares Short 7,895,815
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 8,940,861
Short Name Immunocore Holdings plc
Short Percent Of Float 0.1703
Short Ratio 16.39
Source Interval 15
Symbol IMCR
Target High Price 100.0
Target Low Price 34.0
Target Mean Price 62.5
Target Median Price 60.0
Total Cash 880,211,008
Total Cash Per Share 17.092
Total Debt 434,959,008
Total Revenue 430,775,008
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.36
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 32.739376
Two Hundred Day Average Change 3.8806229
Two Hundred Day Average Change Percent 0.11853075
Type Disp Equity
Volume 300,325
Website https://www.immunocore.com
Zip OX14 4RY