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Immunome, Inc.IMNMCompetitor analysis, valuation and peers

United States · USD·Health Care›Biotechnology

Develops antibody-drug conjugates and biologics for cancer, discovered through a proprietary human antibody library.

Momentum weak 24
Mkt cap
$2.21B
US dollars, full cap
Free float
92%
of shares outstanding
$/day
$28.8M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
n/a
WACC 18.3%
Hurdle
n/a
no reverse DCF
Next earnings
10 days
16 Nov 2026
Close · USD$18.71
1D+4.5%
1W+2.8%
1M-3.1%
3M-27.2%
6M-16.6%
YTD-12.9%
1Y+21.9%
ATR %7.3%
Beta1.53
52w lowhigh37.8% off high

What Immunome does

Develops antibody-drug conjugates and biologics for cancer, discovered through a proprietary human antibody library.

Has no product on sale and funds its trials with money from investors; revenue so far has been small payments for research work done for others. Varegacestat, acquired from Ayala Pharmaceuticals, targets desmoid tumours, a rare soft-tissue growth with few treatments, so the main events are late-stage trial results and regulatory decisions.

Products and services

  • Varegacestat (desmoid tumors)
  • ADC oncology pipeline

Customers

  • Oncologists/cancer centers (post-approval)

Where it sits in the supply chain

  • Health Care
  • Biotechnology
  • Antibody-drug conjugate oncology

What could go right

  • Pivotal trial data readouts
  • Antibody library-driven pipeline growth

What could go wrong

  • Clinical trial failure risk
  • Small company financing and dilution risk

Moat: none (IP / patents, data). Proprietary human antibody library aids target discovery but company is clinical-stage with no approved products.

Headquarters: Exton, Pennsylvania, US · Founded: 2005 · Employees: 177

Named competitors

  • Mersana Therapeutics private or unlisted
  • Seagen (Pfizer) private or unlisted
  • ImmunoGen (AbbVie) private or unlisted
  • Sutro Biopharma STRO
  • ADC Therapeutics private or unlisted
  • Daiichi Sankyo 4568.T

Immunome at a glance

Size Immunome (IMNM) is a United States Health Care company (Biotechnology) with a market value of $2.21B, the 1727th largest of 3,117 United States companies the cockpit tracks. Shares closed at $18.71 on 6 Nov 2026.

Performance Over six months the shares fell 16.6%, against +11.2% for the median peer and -1.1% for the United States market (cap-weighted) — 4th lowest of 21 in its peer set.

Growth Revenue fell 100.0% over the last twelve months (peer median +22.1%).

Next results Next results expected around 16 Nov 2026 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026Peer median 111IMNM 81
Six months, rebased to 100: Immunome against the median of its 20 peers (local-currency closes).

Immunome financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$0$6.94M$9.04M$14.0M$0
Revenue growth—-23%-36%——
Gross profit-$3.42M$3.99M$6.94M$13.3M-$631,000
EBITDA-$257M-$211M-$151M-$109M-$36.3M
Net income-$254M-$212M-$293M-$107M-$36.9M
Free cash flow-$219M-$201M-$118M-$8.40M-$28.9M
Capital expenditure$10.3M$9.69M$7.17M$831,000$248,000
Total debt$4.74M$3.85M$4.83M$1.65M$62,000

Quarterly statements and history in the cockpit →

Immunome competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+50%+100%+150%0%+25%+50%AUPH302440RXRXLKFT688520VIMIANSEPNCOAG688222300601ZEALVIRREPL300676TRVIPHVSTRAX688046IMNM6-month return →1-month return →
Up and to the right = strong over both horizons. Immunome is the large dot.

Immunome competitors and peer comparison

Head to head with its named competitors (IMNM vs STRO vs 4568.T)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Immunome IMNM$2.21B-17%-100%n/an/an/a
Sutro Biopharma STROn/a-76%n/an/an/an/a
Daiichi Sankyo 4568.T$31.9B+7%+17%13%2.1×7.2%

How Immunome compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Immunome against its 20 peers (data as of 6 Nov 2026)
MeasureIMNMPeer medianRank in peer set
1-month return-3.1%+1.7%7th lowest of 21
6-month return-16.6%+11.2%4th lowest of 21
Distance from 52-week high-37.8%-25.4%5th lowest of 21
Revenue growth (TTM)-100.0%+22.1%lowest of 15

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Immunome IMNMUnited States$2.21B-17%-100%n/an/an/an/a
Aurinia Pharmaceuticals AUPHUnited States$2.21B+8%+21%45%5.5×5.1%+41.4%
SKBS 302440.KSSouth Korea$2.22B-11%+23%-25%4.5×n/an/a
Recursion Pharmaceuticals RXRXUnited States$2.19B+6%+56%-725%25.1×n/an/a
Lakefront Biotherapeutics LKFT.ASNetherlands$2.19B+25%+259%60%n/an/an/a
Sinocelltech 688520.SSChina$2.25B-23%-40%-75%15.6×n/an/a
Vimian VIMIAN.STSweden$2.26B+41%+8%19%4.9×12.5%+44.5%
Vera Therapeutics VERAUnited States$2.15B-18%n/an/an/an/an/a
Septerna SEPNUnited States$2.28B+105%+13,520%-57%19.5×18.7%n/a
Hemab Therapeutics COAGUnited States$2.29B+95%n/an/an/an/an/a
Hitgen 688222.SSChina$2.12B+23%+42%27%19.1×38.7%+16.8%
Shenzhen Kangtai Biological Products 300601.SZChina$2.11B-9%-9%6%5.6×25.3%+3.4%
Zealand Pharma A/S ZEAL.CODenmark$2.32B-32%-49%51%0.3×n/an/a
Celldex Therapeutics CLDXUnited States$2.35B-12%-97%-206,220%10,375.3×n/an/a
Vir Biotechnology VIRUnited States$2.07B+34%+1,496%-92%5.4×n/an/a
Replimune REPLUnited States$2.05B+547%n/an/an/an/an/a
BGI Genomics 300676.SZChina$2.39B-4%0%-14%3.7×n/an/a
Trevi Therapeutics TRVIUnited States$2.04B-1%n/an/an/an/an/a
Pharvaris PHVSUnited States$2.41B+14%n/an/an/an/an/a
First Tracks Biotherapeutics TRAXUnited States$2.01B+145%n/an/an/an/an/a
GemPharmatech 688046.SSChina$2.01B+59%+25%22%13.3×35.7%+24.8%

Questions

Who are Immunome's main competitors?
Named competitors: Mersana Therapeutics (private or unlisted), Seagen (Pfizer) (private or unlisted), ImmunoGen (AbbVie) (private or unlisted), Sutro Biopharma (STRO), ADC Therapeutics (private or unlisted), Daiichi Sankyo (4568.T). The cockpit's measured peer set (industry) also includes Aurinia Pharmaceuticals (AUPH), SKBS (302440.KS), Recursion Pharmaceuticals (RXRX), Lakefront Biotherapeutics (LKFT.AS), Sinocelltech (688520.SS), Vimian (VIMIAN.ST).
How has Immunome stock performed?
Over six months to 6 Nov 2026 the shares returned -16.6% against +11.2% for the median peer; over one year +21.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.