image
Healthcare - Biotechnology - NASDAQ - GB
$ 26.28
-3.6 %
$ 1.32 B
Market Cap
-25.76
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one IMCR stock under the worst case scenario is HIDDEN Compared to the current market price of 26.3 USD, Immunocore Holdings plc is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one IMCR stock under the base case scenario is HIDDEN Compared to the current market price of 26.3 USD, Immunocore Holdings plc is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one IMCR stock under the best case scenario is HIDDEN Compared to the current market price of 26.3 USD, Immunocore Holdings plc is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart IMCR

image
$35.0$35.0$34.0$34.0$33.0$33.0$32.0$32.0$31.0$31.0$30.0$30.0$29.0$29.0$28.0$28.0$27.0$27.0$26.0$26.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
310 M REVENUE
24.37%
-70.5 M OPERATING INCOME
-18.13%
-51.1 M NET INCOME
-17.80%
26.1 M OPERATING CASH FLOW
786.43%
-355 M INVESTING CASH FLOW
-6446.16%
344 M FINANCING CASH FLOW
901.23%
84.1 M REVENUE
4.74%
-19.5 M OPERATING INCOME
-128.79%
-23.8 M NET INCOME
-272.10%
-14 M OPERATING CASH FLOW
-66.03%
-3.54 M INVESTING CASH FLOW
-327.54%
-51.5 M FINANCING CASH FLOW
-26015.66%
Balance Sheet Immunocore Holdings plc
image
Current Assets 930 M
Cash & Short-Term Investments 820 M
Receivables 63 M
Other Current Assets 46.5 M
Non-Current Assets 79.6 M
Long-Term Investments 0
PP&E 47.7 M
Other Non-Current Assets 31.9 M
81.27 %6.24 %4.60 %4.73 %3.16 %Total Assets$1.0b
Current Liabilities 212 M
Accounts Payable 25.1 M
Short-Term Debt 3.09 M
Other Current Liabilities 184 M
Non-Current Liabilities 437 M
Long-Term Debt 40.2 M
Other Non-Current Liabilities 396 M
3.87 %28.36 %6.19 %61.11 %Total Liabilities$648.8m
EFFICIENCY
Earnings Waterfall Immunocore Holdings plc
image
Revenue 310 M
Cost Of Revenue 2.73 M
Gross Profit 307 M
Operating Expenses 378 M
Operating Income -70.5 M
Other Expenses -19.4 M
Net Income -51.1 M
350m350m300m300m250m250m200m200m150m150m100m100m50m50m00(50m)(50m)(100m)(100m)310m(3m)307m(378m)(70m)19m(51m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
99.12% GROSS MARGIN
99.12%
-22.71% OPERATING MARGIN
-22.71%
-16.47% NET MARGIN
-16.47%
-14.16% ROE
-14.16%
-5.06% ROA
-5.06%
-8.50% ROIC
-8.50%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Immunocore Holdings plc
image
40m40m20m20m00(20m)(20m)(40m)(40m)(60m)(60m)(80m)(80m)(100m)(100m)(120m)(120m)(140m)(140m)20192019202020202021202120222022202320232024202420252025
Net Income -51.1 M
Depreciation & Amortization 4.2 M
Capital Expenditures -5.17 M
Stock-Based Compensation 34.2 M
Change in Working Capital 45.1 M
Others 43.8 M
Free Cash Flow 20.9 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Immunocore Holdings plc
image
Wall Street analysts predict an average 1-year price target for IMCR of $67.6 , with forecasts ranging from a low of $24 to a high of $100 .
IMCR Lowest Price Target Wall Street Target
24 USD -8.68%
IMCR Average Price Target Wall Street Target
67.6 USD 157.32%
IMCR Highest Price Target Wall Street Target
100 USD 280.52%
Price
Max Price Target
Min Price Target
Average Price Target
10010090908080707060605050404030302020May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 12
6. Ownership
Insider Ownership Immunocore Holdings plc
image
Sold
0-3 MONTHS
0 USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
24 M USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Immunocore to present at upcoming investor conferences Immunocore to present at upcoming investor conferences (OXFORDSHIRE, England & CONSHOHOCKEN, Penn. & GAITHERSBURG, Md. globenewswire.com - 2 weeks ago
Insiders Make Huge Purchases of These 4 Biotech Stocks After a rough patch, it seems the biotech industry may be staging a comeback. Several biotech firms have gone public this year, and those focused on obesity treatments, gene therapies, and more have high expectations. 247wallst.com - 3 weeks ago
Immunocore (IMCR) Moves 6.0% Higher: Will This Strength Last? Immunocore (IMCR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term. zacks.com - 1 month ago
Immunocore presents initial multiple ascending dose data for HIV functional cure candidate in an oral presentation at CROI 2025 Immunocore presents initial multiple ascending dose data for HIV functional cure candidate in an oral presentation at CROI 2025 globenewswire.com - 1 month ago
Immunocore to present at upcoming investor conferences (OXFORDSHIRE, England & CONSHOHOCKEN, Penn. & GAITHERSBURG, Md., US, 03 March 2025) Immunocore Holdings plc (Nasdaq: IMCR) (“Immunocore” or the “Company”), a commercial-stage biotechnology company pioneering and delivering transformative immunomodulating medicines to radically improve outcomes for patients with cancer, infectious diseases and autoimmune diseases, today announced that management will participate in the following investor conferences in March. globenewswire.com - 1 month ago
Immunocore: A Commercial Biotech Nearing Its Pivotal Break-Even Point Immunocore Holdings focuses on immunotherapy for oncology, with tebentafusp approved for metastatic uveal melanoma and brenetafusp in advanced trials. IMCR's strong balance sheet, with over $800 million in liquid assets, positions them well for future R&D or even a potential acquisition. Growth of tebentafusp sales has slowed, increasing reliance on new projects like brenetafusp, which carries inherent biotech industry risks. seekingalpha.com - 1 month ago
Immunocore Holdings plc (IMCR) Q4 2024 Earnings Call Transcript Immunocore Holdings plc (NASDAQ:IMCR ) Q4 2024 Earnings Conference Call February 26, 2024 8:00 AM ET Company Participants Clayton Robertson - Head, IR Bahija Jallal - CEO Travis Coy - CFO and Head, Corporate Development Ralph Torbay - Head, Commercial David Berman - Head, R&D Conference Call Participants Michael Yee - Jefferies Jessica Fye - JPMorgan Tyler Van Buren - TD Cowen Eric Schmidt - Cantor Fitzgerald Justin Zelin - BTIG Jonathan Chang - Leerink Partners Ethan Markowski - Needham & Company Peter Lawson - Barclays Patrick Trucchio - H.C. Wainwright Rajan Sharma - Goldman Sachs David Dai - UBS Jeff Jones - Oppenheimer Operator Greetings and welcome to the Immunocore Conference Call and Webcast. seekingalpha.com - 1 month ago
Immunocore reports fourth quarter and full year 2024 financial results and provides a business update KIMMTRAK (tebentafusp) Q4 net sales of $84.1 million and $310.0 million for full year 2024; continued growth expected in 2025 globenewswire.com - 1 month ago
Immunocore to report fourth quarter and full year 2024 financial results and host call on February 26, 2025 (OXFORDSHIRE, England & CONSHOHOCKEN, Penn. & GAITHERSBURG, Md., US, 19 February 2025) Immunocore Holdings plc (Nasdaq: IMCR) (“Immunocore” or the “Company”), a commercial-stage biotechnology company pioneering and delivering transformative immunomodulating medicines to radically improve outcomes for patients with cancer, infectious diseases and autoimmune diseases, today announced that it will report financial results for the fourth quarter and year ended December 31, 2024 on Wednesday, February 26, 2025. globenewswire.com - 2 months ago
Immunocore Gears Up to Report Q4 Earnings: Is a Beat in Store? IMCR's fourth-quarter 2024 earnings are likely to have gained from higher sales of its sole marketed product, Kimmtrak. zacks.com - 2 months ago
Wall Street Analysts Believe Immunocore (IMCR) Could Rally 113.13%: Here's is How to Trade The average of price targets set by Wall Street analysts indicates a potential upside of 113.1% in Immunocore (IMCR). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock. zacks.com - 3 months ago
Immunocore announces strategic priorities at 43rd Annual J.P. Morgan Healthcare Conference Reaching more mUM patients globally with KIMMTRAK (tebentafusp) in 2025 through additional launches and increased community penetration globenewswire.com - 3 months ago
8. Profile Summary

Immunocore Holdings plc IMCR

image
COUNTRY GB
INDUSTRY Biotechnology
MARKET CAP $ 1.32 B
Dividend Yield 0.00%
Description Immunocore Holdings plc, a commercial-stage biotechnology company, engages in the development of immunotherapies for the treatment of cancer, infectious, and autoimmune diseases. The company offers KIMMTRAK for the treatment of patients with unresectable or metastatic uveal melanoma. Its other programs for oncology comprise IMC-C103C that is in Phase I/II dose escalation trial in patients with solid tumor cancers, including non-small-cell lung (NSCLC), gastric, head and neck, ovarian, and synovial sarcoma cancers; IMC-F106C, which is in a Phase I/II dose escalation trial in patients with multiple solid tumor cancers comprising NSCLC, small-cell lung, endometrial, ovarian, cutaneous melanoma, and breast cancers. In addition, the company's programs for infectious diseases include IMC-I109V, which is in a Phase I/II clinical trial in patients with chronic hepatitis B virus; and IMC-M113V that is in pre-clinical development stage for patients with human immunosuppression virus. Further, it develops product candidates to provide precision targeted immunosuppression for the treatment of autoimmune diseases. Immunocore Holdings plc was founded in 1999 and is headquartered in Abingdon, the United Kingdom.
Contact 92 Park Drive, Abingdon, OX14 4RY https://www.immunocore.com
IPO Date Feb. 5, 2021
Employees 493
Officers Dr. David Berman M.D., Ph.D. Executive Vice President of Research & Development Mr. Sean D. Buckley Vice President & Chief Information Officer Ms. Tina St. Leger Executive Vice President & Chief Human Resources Officer Mr. Travis A. Coy Chief Financial Officer, Executive Vice President & Head of Corporate Development Ms. Annelise Vuidepot Ph.D. Senior Vice President, Chief Technology Officer and Research & UK Site Lead Mr. John Trainer M.B.A. SVice President & Chief Operating Officer Ms. Lily Margaret Hepworth Senior Vice President, General Counsel & Company Secretary Mr. John Goll III SVice President, Finance & Chief Accounting Officer Dr. Bahija Jallal Ph.D. Chief Executive Officer & Executive Director Clayton Robertson Head of Investor Relations