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IMTX US​

Immatics N.V.(IMTX US)

$7.31-0.233.05%Ext:$7.94+0.638.59%(Market Closed · 23:47:24 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Immatics N.V. — Company Profile

Immatics N.V. is a clinical-stage biopharmaceutical firm dedicated to discovering and advancing T-cell receptor (TCR) based immunotherapies aimed at combating cancer, primarily within the United States. Its therapeutic strategy centers on targeted immunotherapies for solid tumors, utilizing two distinct approaches: adoptive cell therapies (ACT) and antibody-like TCR Bispecifics. The company's ACTengine™ portfolio features several candidates in Phase I clinical trials. These include IMA201, designed to recognize melanoma-associated antigens 4 or 8 in solid tumor patients; IMA202, which targets melanoma-associated antigen 1 across various solid tumor types, such as squamous non-small cell lung carcinoma and hepatocellular carcinoma; and IMA203, aimed at preferentially expressed antigen in melanoma in adult patients with recurrent or treatment-resistant solid tumors. Additionally, IMA204, currently in preclinical stages, focuses on targeting tumor stroma cells. In its preclinical TCR Bispecifics pipeline, Immatics is advancing IMA401, which targets cancer testis antigens for solid tumor indications, and IMA402, also under investigation for solid tumor therapies. Other programs include IMA101 for cancer treatment and IMA301, an allogeneic cellular therapy candidate. Immatics has established strategic partnerships to bolster its development efforts. These include collaborations with GlaxoSmithKline Intellectual Property Development Limited for novel adoptive cell therapies across various cancer indications; MD Anderson Cancer Center for multiple T-cell and TCR-based adoptive cellular therapies; Celgene Switzerland LLC for additional novel adoptive cell therapies; and Genmab A/S to develop T-cell engaging bispecific immunotherapies for diverse cancer indications. The company's headquarters are situated in Tübingen, Germany.

Sector
Materials
Industry
Paper & Forest Products
Exchange
UQ
CEO
Harpreet Singh
Headquarters
Tübingen, 2M, DE
IPO Date
Dec 12, 2018
Employees
704
Website
www.immatics.com

Key Metrics

Price
$7.59
Market Cap
$1.02B
Revenue (TTM)
$7.61M
Net Income (TTM)
$-57814000.00
EPS (TTM)
-0.43
P/E (TTM)
-4.75
P/B (TTM)
2.23
Dividend Yield
0.00%
ROE (TTM)
-12.67%
ROA (TTM)
-10.63%
Operating Margin
-8.68%
Beta
1.44

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Immatics N.V. is a clinical-stage biopharmaceutical firm dedicated to discovering and advancing T-cell receptor (TCR) based immunotherapies aimed at combating cancer, primarily within the United States. Its therapeutic strategy centers on targeted immunotherapies for solid tumors, utilizing two distinct approaches: adoptive cell therapies (ACT) and antibody-like TCR Bispecifics. The company's ACTengine™ portfolio features several candidates in Phase I clinical trials. These include IMA201, designed to recognize melanoma-associated antigens 4 or 8 in solid tumor patients; IMA202, which targets melanoma-associated antigen 1 across various solid tumor types, such as squamous non-small cell lung carcinoma and hepatocellular carcinoma; and IMA203, aimed at preferentially expressed antigen in melanoma in adult patients with recurrent or treatment-resistant solid tumors. Additionally, IMA204, currently in preclinical stages, focuses on targeting tumor stroma cells. In its preclinical TCR Bispecifics pipeline, Immatics is advancing IMA401, which targets cancer testis antigens for solid tumor indications, and IMA402, also under investigation for solid tumor therapies. Other programs include IMA101 for cancer treatment and IMA301, an allogeneic cellular therapy candidate. Immatics has established strategic partnerships to bolster its development efforts. These include collaborations with GlaxoSmithKline Intellectual Property Development Limited for novel adoptive cell therapies across various cancer indications; MD Anderson Cancer Center for multiple T-cell and TCR-based adoptive cellular therapies; Celgene Switzerland LLC for additional novel adoptive cell therapies; and Genmab A/S to develop T-cell engaging bispecific immunotherapies for diverse cancer indications. The company's headquarters are situated in Tübingen, Germany.

Website
www.immatics.com
Location
Tübingen, 2M, DE
Phone49 7071 5397 0
Employees704
CEOHarpreet Singh
Sector
Materials
Industry
Paper & Forest Products
IPO DateDec 12, 2018

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Latest Documents

SEC Filings(232)

Expand
  • 6-KCurrent report (foreign private issuer)23 Oct
  • 4Statement of changes in beneficial ownership27 Aug
  • SC 13D/AImmatics N.V.27 Aug
  • 6-KCurrent report (foreign private issuer)26 Aug
  • 424B2Prospectus filing (Rule 424(b)(2))25 Aug
  • 4Statement of changes in beneficial ownership18 Aug
  • 6-KCurrent report (foreign private issuer)18 Aug
  • SC 13G/AImmatics N.V.14 Aug
  • 3Pepin James Nelson29 Jul
  • S-8Registration statement (employee benefit plan)25 Jun
  • 4Statement of changes in beneficial ownership18 Jun
  • 4Statement of changes in beneficial ownership18 Jun
  • 4Statement of changes in beneficial ownership18 Jun
  • 4Statement of changes in beneficial ownership18 Jun
  • 4Statement of changes in beneficial ownership18 Jun
  • 4Statement of changes in beneficial ownership18 Jun
  • 4Statement of changes in beneficial ownership18 Jun
  • 4Statement of changes in beneficial ownership18 Jun
  • 4Statement of changes in beneficial ownership18 Jun
  • 6-KCurrent report (foreign private issuer)18 Jun

News

  • Immatics Presents Clinical Activity of IMA402 PRAME Bispecific and IMA203CD8 PRAME Cell Therapy across Advanced Solid Tumors in Two Oral Presentations at 2026 ESMO Annual Meeting02:30AM
  • Immatics (NASDAQ:IMTX) vs. Kyntra Bio (NASDAQ:KYNB) Financial Contrast9 Oct
  • Immatics (NASDAQ:IMTX) Reaches New 1-Year Low – Here’s Why9 Oct
  • Immatics (NASDAQ:IMTX) Sees Strong Trading Volume – Still a Buy?2 Oct
  • Immatics: 'Buy' On Anzu-Cel 1st Half 2027 Catalyst And Potential Label Expansion For Uveal Melanoma25 Aug
  • Immatics Announces $150 Million Underwritten Offering25 Aug
  • Immatics Announces Second Quarter 2026 Financial Results and Business Update18 Aug
  • Analysts Set Immatics N.V. (NASDAQ:IMTX) Target Price at $20.8030 Jul

Mentions in Filings

  • … ajor diseases."* Mr. Christ has spent more than 25 years as chief financial officer of public and private biotechnology companies in Europe and the United States. He most recently served as chief financial officer of <strong>Immatics N.V.</strong>, a Nasdaq-listed biotechnology company, from October 2020 until September 2025. Before Immatics he was chief financial officer of various private and public European biotech companies including InflaRx N.V., MediGene A …
    Nanobiotix S.A.Immatics N.V.·EX-99.1 - 6-K - PRESS RELEASE·Q4 26·1 Oct
  • … e with other cell therapy or immunotherapy companies such as Iovance Biotherapeutics Inc., Replimune Group Inc., AbelZeta Inc., Biosyngen Pte Ltd, GRIT Biotechnology Co., Ltd., Shanghai Juncell Therapeutics Co., Ltd., <strong>Immatics N.V.</strong>, Immunocore Holdings plc, Intima Bioscience, Inc., KSQ Therapeutics, Inc., Marker Therapeutics, Inc., TILT Biotherapeutics Ltd, and others. In addition, numerous compounds are in clinical development for cancer treatme …
    Obsidian Therapeutics, Inc.Immatics N.V.·S-1 - Registration statement (general form)·Q3 26·28 Aug
  • … s well as clinical-stage and emerging biotechnology companies, including Adagene, Aktis Oncology, Argenx, Cabaletta Bio, Climb Bio, Context Therapeutics, Cullinan Therapeutics, CytomX Therapeutics, Dianthus Therapeutics, <strong>Immatics</strong>, Immunocore, Kyverna Therapeutics, Lava Therapeutics, Vir Biotechnology, Werewolf Therapeutics, Xencor, Xilio Therapeutics and Zenas Bio. These companies are developing products that may compete with our product candidat …
    Janux Therapeutics, Inc.Immatics N.V.·10-Q - Quarterly report Q2·Q2 26·6 Aug
  • … heir administration, other genetically engineered TIL products, and TIL products designed to be reactive to specific neoantigens, by companies such as AbelZeta Pharma, Alaunos Therapeutics, Biosyngen, GRIT Biotechnology, <strong>Immatics</strong>, Immunocore, Intima Bioscience, KSQ Therapeutics, Marker Therapeutics, Obsidian Therapeutics, and others. To date, these technologies have been primarily applicable to hematologic malignancies, but their application in s …
    IOVANCE BIOTHERAPEUTICS, INC.Immatics N.V.·10-Q - Quarterly report Q2·Q2 26·6 Aug
  • … e may compete with other cell therapy or immunotherapy companies such as Iovance Biotherapeutics Inc. (Amtagvi), AbelZeta Inc., Biosyngen Pte Ltd, GRIT Biotechnology Co., Ltd., Shanghai Juncell Therapeutics Co., Ltd., <strong>Immatics N.V.</strong>, Immunocore Holdings plc, Intima Bioscience, Inc., KSQ Therapeutics, Inc., Marker Therapeutics, Inc., TILT Biotherapeutics Ltd, and others. In addition, numerous compounds are in clinical development for cancer treatme …
    Obsidian Therapeutics, Inc.Immatics N.V.·EX-99.3 - 8-K - Entry into a Material Definitive Agreement·Q3 26·3 Aug
  • … mpanies. We may compete with other cell therapy or immunotherapy companies such as Iovance Biotherapeutics Inc., AbelZeta Inc., Biosyngen Pte Ltd, GRIT Biotechnology Co., Ltd., Shanghai Juncell Therapeutics Co., Ltd., <strong>Immatics N.V.</strong>, Immunocore Holdings plc, Intima Bioscience, Inc., KSQ Therapeutics, Inc., Marker Therapeutics, Inc., TILT Biotherapeutics Ltd, and others. In addition, numerous compounds are in clinical development for cancer treatme …
    Obsidian Therapeutics, Inc.Immatics N.V.·EX-99.2 - 8-K - Entry into a Material Definitive Agreement·Q3 26·3 Aug

Key Stats

Trading

Px/Chg 1D$7.59 / -10.07%
Avg Volume489.73K
Beta1.44
Mkt Cap1.02B
FD Mkt Cap1.26B

Float

Shrs Out/Float134.10M / 112.20M
Short Float0.05%
Days to Cover13.30
Stock Repurchased$0.00

Current Valuation

EV731.25M
EV/EBITDA-3.61
EV/Sales19.61
P/B2.23
P/S27.29
FCF Yield-4.27%
ROE-12.67%
ROA-10.63%
Current Ratio8.78

Estimates

P/E-4.75
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-3.3917.99-9.1332.57-40.75-17.60
Price / Sales46.163.9016.413.1873.61133.71
Price / Book Value2.643.173.940.863.012.23
Price / Free Cash Flow-22.707.19-69.61-2.84-24.83-23.39
ENTERPRISE VALUE METRICS
Enterprise Value670.9540.9682.9275.11,124.5731.2
Enterprise Value / Sales34.103.1312.651.7756.9096.06
Enterprise Value / EBITDA-7.4410.81-7.687.98-34.95-13.35
Enterprise Value / EBIT-5.3412.56-7.1012.38-31.82-12.71

Financials

Full Financials
Millions EUR5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue8.6%34.8172.854.0155.848.3
Gross Income—-52.866.1-64.7155.848.3
EBITDA20.7%-87.350.0-88.934.5-185.1
EBIT20.8%-92.843.1-96.222.2-197.5
Net Income19.9%-95.137.5-97.015.2-196.4
EPS (Diluted)49.3%-1.510.54-1.200.14-1.54
BALANCE SHEET
Cash & ST Inv34.1%145.1362.2425.9604.5469.1
Total Assets33.9%174.6407.8510.0696.1562.1
Total Liabilities-15.1%150.6194.7284.9121.378.2
Total Shareholder Equity111.8%24.1213.2225.1574.8483.9
CASH FLOW
Net Operating Cash Flow20%-81.8100.118.2-158.0-169.7
Cap Ex2.7%-5.7-6.2-31.0-16.5-6.3
Free Cash Flow19.1%-87.493.9-12.7-174.5-176.0

Enterprise Value Bridge

Millions EUR23 Oct '26
Price (As of 23 Oct '26)7.31
Basic Shares134.10
Market Cap980.2
Diluted Shares134.64
Fully Diluted Shares Outstanding134.64
Fully Diluted Market Cap984.3
+Consolidated Debt15.1
−In-the-Money Convertible Debt—
+Capital Leases15.1
+Operating Leases—
−Cash & Equivalents-301.6
−Short-term Investments-152.4
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value693.7

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