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Iovance Biotherapeutics, Inc. (IOVA)

Healthcare | Biotechnology | San Carlos, United States | NasdaqGM
8.01 USD -0.25 (-3.027%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 8.03 +0.02 (0.250%) ⇧ (Aug. 28, 2026, 7:52 p.m. EDT)

Short-term:★★★★☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:29 a.m. EDT

The immediate outlook is driven by a powerful divergence between deteriorating fundamentals and aggressive speculative positioning. While the company's long-term trajectory is marred by a severe multi-year decline—dropping nearly 71% over the last nine years with just one positive annual return—the recent price action tells a different story. The stock has rallied significantly off its lows, and the options market is screaming for further upside, with traders pouring capital into deep out-of-the-money calls for late 2026 and early 2027. This suggests the market is pricing in a potential catalyst or a recovery in the pipeline that could reverse the structural decline seen in the historical data. However, the fundamental reality remains stark: the business is burning cash, has negative earnings, and faces a steep path to profitability. The short-term momentum is strong enough to justify a bullish stance for a swing trade, but investors must remain wary that the options flow may be chasing a narrative that hasn't yet been validated by the financials.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.119992
AutoETS0.151931
AutoARIMA0.151938
MSTL0.156766

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 21%
H-stat 10.73
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.81
Attribute Value
Sector Healthcare
Debt to Equity Ratio 6.25
Revenue per Share 0.792
Market Cap 3,628,301,312
Forward P/E -27.88
Beta 0.70
Profit Margins -89.09%
Website https://www.iovance.com

As of Aug. 22, 2026, 5:29 a.m. EDT: Speculators are aggressively positioning for a significant upside move, evidenced by massive call volume and open interest at strikes well above the current price (e.g., 17.0 and 20.0 strikes for Jan 2027 expirations showing new flow). Conversely, put activity is concentrated in the money and at-the-money strikes, suggesting a hedge against volatility rather than a bearish bet on a crash. The disparity in volume between deep out-of-the-money calls and puts indicates a speculative thesis on continued growth.


Info Dump

Attribute Value
52 Week Change 2.7716894
Address1 825 Industrial Road
Address2 Suite 100
All Time High 165.0
All Time Low 1.0
Ask 4.98
Ask Size 1
Audit Risk 8
Average Analyst Rating 1.7 - Buy
Average Daily Volume10 Day 18,385,520
Average Daily Volume3 Month 16,724,001
Average Volume 16,724,001
Average Volume10Days 18,385,520
Beta 0.701
Bid 3.76
Bid Size 1
Board Risk 4
Book Value 1.625
City San Carlos
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 10
Country United States
Crypto Tradeable 0
Currency USD
Current Price 8.01
Current Ratio 4.345
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 8.35
Day Low 7.97
Debt To Equity 6.25
Display Name Iovance Biotherapeutics
Earnings Call Timestamp End 1,786,019,400
Earnings Call Timestamp Start 1,786,019,400
Earnings Timestamp 1,786,019,400
Earnings Timestamp End 1,793,881,800
Earnings Timestamp Start 1,793,881,800
Ebitda -259,603,008
Ebitda Margins -0.79885
Enterprise To Ebitda -13.007
Enterprise To Revenue 10.391
Enterprise Value 3,376,632,064
Eps Current Year -0.49571
Eps Forward -0.28729
Eps Trailing Twelve Months -0.69
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 5.3828
Fifty Day Average Change 2.6272001
Fifty Day Average Change Percent 0.48807314
Fifty Two Week Change Percent 277.16895
Fifty Two Week High 9.36
Fifty Two Week High Change -1.3499994
Fifty Two Week High Change Percent -0.14423071
Fifty Two Week Low 1.76
Fifty Two Week Low Change 6.25
Fifty Two Week Low Change Percent 3.5511365
Fifty Two Week Range 1.76 - 9.36
Financial Currency USD
First Trade Date Milliseconds 1,287,149,400,000
Float Shares 394,361,458
Forward Eps -0.28729
Forward P E -27.881235
Free Cashflow -187,794,752
Full Exchange Name NasdaqGM
Full Time Employees 975
Fullday Change -0.25
Fullday Change Percent -3.02663
Fullday Price 8.03
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.48401
Gross Profits 157,287,008
Has Pre Post Market Data 1
Held Percent Insiders 0.00342
Held Percent Institutions 0.70528
Implied Shares Outstanding 452,971,432
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,380,153,600
Last Split Factor 1:100
Long Business Summary Iovance Biotherapeutics, Inc., a commercial-stage biopharmaceutical company, develops and commercializes cell therapies using autologous tumor infiltrating lymphocyte for the treatment of metastatic melanoma and other solid tumor cancers in the United States and internationally. The company offers Amtagvi, an individualized T cell therapy for solid tumor cancer and for the treatment of adult patients with previously treated advanced, or unresectable or metastatic melanomal; and Proleukin, an interleukin-2 product for the treatment of patients with metastatic melanoma and metastatic renal cell carcinoma. It also develops lifileucel for the treatment of melanoma, cervical cancer, non-small cell lung cancer (NSCLC), endometrial cancer, and head and neck squamous cell carcinoma (HNSCC); LN-145-S1 to treat melanoma and HNSCC; LN-145 Gen 3 and core biopsy for the treatment of NSCLC; LN-145 Gen 3 to treat melanoma and HNSCC; IOV-2001 to treat chronic lymphocytic leukemia and small lymphocytic lymphoma; IOV-4001 for the treatment of melanoma and NSCLC; and IOV-3001 for use in the TIL therapy treatment regimen. The company has collaborations and licensing agreements with National Institutes of Health; the National Cancer Institute; Cellectis S.A.; Novartis Pharma AG; and Boehringer Ingelheim Biopharmaceuticals GmbH. The company was formerly known as Lion Biotechnologies, Inc. and changed its name to Iovance Biotherapeutics, Inc. in June 2017. Iovance Biotherapeutics, Inc. was incorporated in 2007 and is headquartered in San Carlos, California.
Long Name Iovance Biotherapeutics, Inc.
Market us_market
Market Cap 3,628,301,312
Market State CLOSED
Max Age 86,400
Message Board Id finmb_40424708
Most Recent Quarter 1,782,777,600
Net Income To Common -289,516,992
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 3,746,073,742
Number Of Analyst Opinions 9
Open 8.2
Operating Cashflow -264,182,000
Operating Margins -0.52264
Overall Risk 8
Payout Ratio 0.0
Phone 650 260 7120
Post Market Change 0.019999504
Post Market Change Percent 0.2496817
Post Market Price 8.03
Post Market Time 1,787,961,179
Previous Close 8.26
Price Eps Current Year -16.158642
Price Hint 2
Price To Book 4.9292307
Price To Sales Trailing12 Months 11.16507
Profit Margins -0.89091
Quick Ratio 3.742
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.66667
Region US
Regular Market Change -0.25
Regular Market Change Percent -3.02663
Regular Market Day High 8.35
Regular Market Day Low 7.97
Regular Market Day Range 7.97 - 8.35
Regular Market Open 8.2
Regular Market Previous Close 8.26
Regular Market Price 8.01
Regular Market Time 1,787,947,201
Regular Market Volume 7,679,408
Return On Assets -0.20308
Return On Equity -0.40363997
Revenue Growth 0.657
Revenue Per Share 0.792
Sand P52 Week Change 0.1966995
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 3
Shares Outstanding 452,971,432
Shares Percent Shares Out 0.22729999
Shares Short 102,940,590
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 99,892,938
Short Name Iovance Biotherapeutics, Inc.
Short Percent Of Float 0.24299999
Short Ratio 5.27
Source Interval 15
State CA
Symbol IOVA
Target High Price 14.0
Target Low Price 6.0
Target Mean Price 10.0
Target Median Price 10.0
Total Cash 297,673,984
Total Cash Per Share 0.657
Total Debt 46,003,000
Total Revenue 324,968,992
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.69
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 3.74985
Two Hundred Day Average Change 4.26015
Two Hundred Day Average Change Percent 1.1360854
Type Disp Equity
Volume 7,679,408
Website https://www.iovance.com
Zip 94,070