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Imugene Limited (IUGNF) Stock Analysis

Educational signal · not a buy or sell recommendation · How to read this

$0.055 $0.00 (0.00%) |CouncilBearish Lean · 34 · D
MCap: $26.9M| Vol: 50K| 52-wk range: $0.0377 – $0.3101

Market cap $26.9M is the value of all shares combined. Beta 2.48: the stock has moved about 148% more than the S&P 500.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 15, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Quick Answer

Imugene Limited (IUGNF) trades at $0.055. Imugene Limited is a clinical-stage immuno-oncology company based in Australia, focusing on developing immunotherapies to activate the immune system to fight cancer. Market cap: $26.9M, Sector: Healthcare.

Price as of Sep 11, 2026 · Last analyzed: Mar 15, 2026
Imugene Limited is a clinical-stage immuno-oncology company based in Australia, focusing on developing immunotherapies to activate the immune system to fight cancer. Their lead product, HER-Vaxx, targets HER2-positive cancers and is currently in Phase 1b/2 trials for gastric cancer.

Analyst Coverage for IUGNF: IUGNF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates IUGNF against Healthcare peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.

Watch the IUGNF film Every key number, told as a short cinematic story — just press play. ~2 min

No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.

Council Score · Weighted Average of 3 Disciplines
Bearish Lean 34/100 · D

IUGNF: 2/2 scored disciplines lean bearish. Dominant signal: Izzy Englander bearish.

How is this calculated? →
Legends Council · 5 Legends + Moon AI

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated)Ray Dalio
Favorable read
Englander-style lens (simulated)Izzy Englander
Unfavorable read
Klarman-style lens (simulated)Seth Klarman
Unfavorable read
Moon AI lens (model)
Neutral read
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Negative
Margin of Safety
Fairly Valued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →
The lenses are modelled on the published principles of the investors named. We are not affiliated with them, they have not endorsed this, and it is not their opinion of this stock.

Imugene Limited (IUGNF) Healthcare & Pipeline Overview

CEOLeslie Chong
Employees14
HeadquartersSydney, AU
IPO Year2019

Imugene Limited is an Australian clinical-stage immuno-oncology company specializing in the development of cancer immunotherapies, particularly vaccines like HER-Vaxx targeting HER2-positive cancers. With ongoing clinical trials and strategic collaborations, Imugene aims to harness the immune system to eradicate tumors, positioning itself in the competitive biotechnology landscape.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 15, 2026

What Is the Investment Thesis for IUGNF?

AI-written as of Mar 15, 2026 — figures and tone reflect the data available then, not today's score.

Imugene Limited presents a high-risk, high-reward investment opportunity within the immuno-oncology sector. The company's valuation is approximately $70 million, with a negative P/E ratio of -0.92, reflecting its current lack of profitability as a clinical-stage company. The primary value driver is the successful development and commercialization of its lead product, HER-Vaxx, currently in Phase 1b/2 trials. Positive clinical trial data could serve as a significant catalyst, potentially leading to partnerships or acquisition. Key risks include clinical trial failures, regulatory hurdles, and the need for additional funding, given the company's negative profit margin of -1864.1%. The company's high beta of 2.48 indicates significant volatility relative to the market.

Based on FMP financials and quantitative analysis

IUGNF Key Highlights

AI-written as of Mar 15, 2026 — figures and tone reflect the data available then, not today's score.

Market capitalization of $26.9M reflects its position as a small-cap biotechnology company.

  • Negative P/E ratio of -0.92 indicates the company is currently not profitable, typical for clinical-stage biotechs.
  • Gross margin of -65.9% highlights the high cost of research and development relative to current revenue streams.
  • Beta of 2.48 suggests the stock is significantly more volatile than the overall market.
  • No dividend yield reflects the company's focus on reinvesting earnings into research and development.

Who Are IUGNF's Competitors?

IUGNF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
BSEM BioStem Technologies, Inc. $4.17 -0.83% $70.9M
CLTEF Calliditas Therapeutics Ab $0.18 0.00% $10.5M
KNTPF Kintor Pharmaceutical Limited $0.24 +0.93% $113M
MSCLF Satellos Bioscience Inc. $6.25 +11.81% $96.6M
RLYB Rallybio Corporation $16.75 -1.30% $88.9M 825-pillar
ICCC ImmuCell Corporation $9.91 +0.05% $89.7M 775-pillar
ORMP Oramed Pharmaceuticals Inc. $4.74 -0.38% $194M 785-pillar
NAGE Niagen Bioscience Inc $3.04 -0.49% $242M 665-pillar

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are IUGNF's Key Strengths?

Proprietary immunotherapy technologies.

  • Strategic collaborations with leading institutions.
  • Experienced management team in immuno-oncology.
  • Strong patent portfolio.

What Are IUGNF's Weaknesses?

Limited financial resources as a clinical-stage company.

  • Dependence on successful clinical trial outcomes.
  • High cash burn rate.
  • Negative profit margin.

What Could Drive IUGNF Stock Higher?

IUGNF catalyst: Data readout from the Phase 1b/2 clinical trial of HER-Vaxx in gastric cancer (expected in the next 12-24 months).

  • Initiation of clinical trials for PD1-Vaxx (expected within the next 2-3 years).
  • Progress in strategic collaborations with Celularity Inc. and Eureka Therapeutics, Inc.
  • Advancement of the CF33 oncolytic virus platform through preclinical and early clinical studies.
  • Identification and validation of new cancer targets for immunotherapy development.

What Are the Key Risks for IUGNF?

Financial-distress signal — its Altman Z-Score of -45.82 sits in the distress zone (elevated bankruptcy risk).

  • Weak fundamentals — a Piotroski F-Score of 1/9 flags soft profitability, leverage or efficiency.
  • Clinical trial failures for HER-Vaxx, PD1-Vaxx, or CF33.
  • Regulatory hurdles and delays in obtaining marketing approvals.
  • Competition from larger pharmaceutical companies with greater resources.
  • Need for additional funding and potential dilution of existing shareholders.
  • Dependence on key personnel and strategic collaborations.

What Are the Growth Opportunities for IUGNF?

  • HER-Vaxx Clinical Development: The successful completion of Phase 1b/2 trials for HER-Vaxx in gastric cancer represents a significant growth opportunity. Positive data could lead to accelerated development, potential partnerships, and eventual commercialization. The gastric cancer market is substantial, with a global market size projected to reach $4.1 billion by 2027. Timeline: Ongoing clinical trials with data readouts expected in the next 12-24 months.
  • PD1-Vaxx Development: Advancing PD1-Vaxx, a cancer vaccine targeting the PD-1 pathway, offers a significant growth avenue. Blocking PD-1 signaling is a validated approach in immuno-oncology, and a successful vaccine could address a broad range of cancers. The market for PD-1/PD-L1 inhibitors is substantial, exceeding $25 billion annually. Timeline: Preclinical and early-stage clinical development over the next 2-3 years.
  • CF33 Oncolytic Virus Platform: The CF33 oncolytic virus platform has the potential to be a versatile therapeutic approach for various cancers. Oncolytic viruses are gaining traction as a promising modality in immuno-oncology. The global oncolytic virus therapy market is projected to reach $749 million by 2027. Timeline: Ongoing preclinical and early clinical studies.
  • Strategic Collaborations: Leveraging strategic collaborations, such as the partnership with Celularity Inc., to develop combination therapies can accelerate pipeline development and expand therapeutic applications. Combining Imugene's oncolytic virus technology with Celularity's CAR-T cell therapy could create synergistic effects in treating solid tumors. Timeline: Ongoing research and development efforts with potential clinical trials in the next 1-2 years.
  • Expansion into New Cancer Targets: Expanding the pipeline to include new cancer targets beyond HER2 and PD-1 can broaden Imugene's market opportunity and reduce reliance on specific therapeutic areas. Identifying novel targets and developing corresponding immunotherapies could drive long-term growth. Timeline: Ongoing research and development efforts to identify and validate new cancer targets.

What Are IUGNF's Competitive Advantages?

  • Proprietary immunotherapy technologies, including HER-Vaxx, PD1-Vaxx, and CF33.
  • Patent protection for its key products and technologies.
  • Strategic collaborations with leading research institutions and pharmaceutical companies.
  • Expertise in immuno-oncology and cancer vaccine development.

What Does IUGNF Do?

Imugene Limited, founded in 1986 and headquartered in Sydney, Australia, is a clinical-stage immuno-oncology company focused on developing innovative immunotherapies. The company's primary objective is to activate the immune system of cancer patients, enabling it to recognize and eradicate tumors. Imugene's lead product, HER-Vaxx, is a HER2-positive cancer vaccine designed to stimulate a polyclonal antibody response against HER2/neu receptors, which are commonly overexpressed in gastric and breast cancers. HER-Vaxx is currently undergoing a Phase 1b/2 clinical study for gastric cancer. In addition to HER-Vaxx, Imugene is developing PD1-Vaxx, a cancer vaccine intended to induce the body to produce polyclonal antibodies that block PD-1 signaling, a key immune checkpoint. The company is also working on CF33, a combination of genomic sequences from various vaccinia virus strains engineered to generate a potent oncolytic virus. Imugene has established research collaborations to expand its therapeutic capabilities, including a partnership with Celularity Inc. to combine Imugene's CD19 oncolytic virus technology with Celularity's CyCART-19, a CD19-targeting allogeneic chimeric antigen receptor T-cell therapy, for the treatment of solid tumors. Furthermore, Imugene has a strategic collaboration with Eureka Therapeutics, Inc. to develop novel cancer therapies. Imugene operates primarily in Australia, focusing on early-stage clinical development and strategic partnerships to advance its pipeline.

What Products and Services Does IUGNF Offer?

  • Develops HER-Vaxx, a HER2-positive cancer vaccine targeting gastric and breast cancer.
  • Creates PD1-Vaxx, a cancer vaccine designed to block PD-1 signaling.
  • Engineers CF33, an oncolytic virus platform for cancer treatment.
  • Conducts Phase 1b/2 clinical trials for HER-Vaxx in gastric cancer.
  • Collaborates with Celularity Inc. to develop combination therapies for solid tumors.
  • Partners with Eureka Therapeutics, Inc. to develop novel cancer therapies.
  • Focuses on activating the immune system to eradicate tumors.

How Does IUGNF Make Money?

  • Develops and patents novel cancer immunotherapies.
  • Conducts preclinical and clinical trials to evaluate the safety and efficacy of its products.
  • Seeks strategic collaborations and partnerships to accelerate development and commercialization.
  • Out-licenses or sells its technologies to larger pharmaceutical companies.

What Industry Does IUGNF Operate In?

Imugene operates within the competitive immuno-oncology market, a rapidly growing segment of the biotechnology industry. Key trends include the development of personalized cancer vaccines, oncolytic viruses, and combination therapies. Imugene's focus on HER2-positive cancers and strategic collaborations positions it to potentially capitalize on these trends, although it faces competition from larger, more established pharmaceutical companies.

Who Are IUGNF's Key Customers?

  • Cancer patients participating in clinical trials.
  • Hospitals and medical centers conducting clinical trials.
  • Pharmaceutical companies seeking to license or acquire Imugene's technologies.
  • Research institutions collaborating on immunotherapy development.
Model self-rating on this text: 71% (not a measure of the evidence) Updated: Mar 15, 2026

Research confidence

Medium 45/100

Enough evidence to be useful, with gaps worth knowing about.

  • Scoring coverage unknown
  • Price is current
  • Latest filing 73 days ago
  • No analyst coverage
  • Reported in AUD, converted to USD

MoonshotScore History

Recorded daily since 2026-08-23 · 19 snapshots

2026-08-23 41
2026-08-26 41
2026-08-29 41
2026-09-01 41
2026-09-04 41
2026-09-07 41
2026-09-10 41

What changed?

The score has stayed at 41.

Over the same 18 days the stock moved -27.1%.

3/5 beats

Earnings Track Record

Imugene Limited has beaten Wall Street's EPS estimate in 3 of its last 5 reported quarters — more hits than misses. Reported results have landed about 33.8% above estimates on average.

Quarterly Financial Performance: Imugene Limited

Revenue for Imugene Limited came in at $0 during Q4 FY2026. The company recorded a net loss of $48.4M, with diluted EPS of $-0.14. Quarter-over-quarter revenue has been mixed, typical for a micro-cap company operating in Healthcare. Across the four most recent quarters, IUGNF averaged $-0.11 in diluted EPS.

IUGNF Valuation & Market Position

With a $26.9M market cap, Imugene Limited sits in the micro-cap segment of the market.

Key Financial Metrics

Return on assets is -86.5%, showing how much profit it generates from its asset base. A current ratio of 1.78 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -143.2%, the inverse of the P/E and a quick read on earnings relative to price.

F-Score 1/9

Financial Health

Imugene Limited's Piotroski F-Score is 1/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -45.82 places it in the distress zone, a signal of elevated financial risk.

Company Profile

Imugene Limited operates in the Biotechnology industry within the Healthcare sector. It is headquartered in Sydney, AU. The company is led by CEO Leslie Chong. IUGNF has traded publicly since 2019.

IUGNF Financials

Fundamental Snapshot

Revenue Growth (FY)
-100.0%
Net Income Growth (FY)
-52.4%
Free Cash Flow Growth (FY)
+50.2%
Return on Equity (TTM)
-134.6%
Current Ratio
1.8

Based on FMP financials and quantitative analysis · FY 2026

Bull Case vs Bear Case

Bull Case

  • Proprietary immunotherapy technologies.
  • Strategic collaborations with leading institutions.
  • Experienced management team in immuno-oncology.
  • Strong patent portfolio.

Bear Case

  • Limited financial resources as a clinical-stage company.
  • Dependence on successful clinical trial outcomes.
  • High cash burn rate.
  • Negative profit margin.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

Recent Quarterly Results

Quarter Revenue Net Income EPS
Q4 FY2026 $0 -$48M -$0.14
Q2 FY2026 $0 -$27M -$0.09
Q4 FY2025 $2M -$15M -$0.07
Q2 FY2025 $902,438.88 -$35M -$0.16

Q4 FY2026 · filed 30 Jun 2026 · Financial Modeling Prep

Based on FMP financials and quantitative analysis · Converted to USD from AUD at today's rate

IUGNF Latest News

No recent news available for IUGNF.

IUGNF Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for IUGNF.

Price Targets

Wall Street price target analysis for IUGNF.

IUGNF MoonshotScore

MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for IUGNF; grades run from A+ (80-100) to F (below 30).

Leadership: Leslie Chong

CEO

Leslie Chong serves as the CEO of Imugene Limited, bringing extensive experience in the biopharmaceutical industry. Prior to joining Imugene, she held various leadership roles at Genentech, where she focused on oncology drug development and commercialization. Her background includes a strong understanding of clinical trials, regulatory affairs, and market access. She has a proven track record of driving strategic initiatives and building successful teams.

Track Record: Under Leslie Chong's leadership, Imugene has advanced its clinical pipeline, including the progression of HER-Vaxx into Phase 1b/2 trials. She has also secured strategic collaborations with Celularity Inc. and Eureka Therapeutics, Inc., expanding the company's therapeutic capabilities. Her focus on innovation and strategic partnerships has positioned Imugene for future growth.

IUGNF OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that Imugene Limited may not meet the minimum financial or disclosure requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited reporting requirements and may not be subject to the same level of scrutiny as companies listed on major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries significant risks due to the potential for limited information and liquidity.

  • OTC Tier: OTC Other
Liquidity: Liquidity for IUGNF shares on the OTC market is likely to be limited, potentially resulting in wider bid-ask spreads and greater price volatility. Trading may be difficult, especially for large orders, and investors may experience challenges in buying or selling shares at desired prices. Low trading volumes can exacerbate these issues.
OTC Risk Factors:
  • Limited financial disclosure and transparency.
  • Higher risk of fraud or manipulation.
  • Lower liquidity and wider bid-ask spreads.
  • Potential for delisting or trading suspensions.
  • Limited regulatory oversight.
Due Diligence Checklist:
  • Verify the company's financial statements and SEC filings (if any).
  • Research the company's management team and their track record.
  • Assess the company's business model and competitive landscape.
  • Evaluate the company's cash flow and financial stability.
  • Review any legal or regulatory issues facing the company.
  • Understand the risks associated with investing in OTC stocks.
  • Consult with a financial advisor before making any investment decisions.
Legitimacy Signals:
  • Established research collaborations with reputable institutions.
  • Experienced management team with a background in the biopharmaceutical industry.
  • Proprietary immunotherapy technologies and patent protection.
  • Ongoing clinical trials for its lead product candidates.
  • Publicly available information and press releases.

Imugene Limited Healthcare Stock: Key Questions Answered

Is IUGNF a good stock?

Stock Expert AI does not rate IUGNF buy, sell or hold. Imugene Limited has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.

What do analysts say about IUGNF stock?

As of March 15, 2026, there is no readily available analyst consensus on IUGNF stock due to its OTC listing and small market capitalization. Key valuation metrics include market capitalization and cash burn rate.

What are the key factors to evaluate for IUGNF?

Evaluate IUGNF on fundamentals, analyst consensus, and risk factors. The primary value driver is the successful development and commercialization of its lead product, HER-Vaxx, currently in Phase 1b/2 trials. Not financial advice.

How frequently does IUGNF data refresh on this page?

IUGNF's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.

What has driven IUGNF's recent stock price performance?

Imugene Limited (IUGNF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Proprietary immunotherapy technologies. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider IUGNF overvalued or undervalued right now?

Imugene Limited (IUGNF) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

Can I buy fractional shares of IUGNF?

Yes, most major brokerages offer fractional shares of Imugene Limited (IUGNF) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.

How can I track IUGNF's earnings and financial reports?

Imugene Limited (IUGNF) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for IUGNF earnings announcements.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Information is based on publicly available sources and may be subject to change.
  • OTC market data may be limited or inconsistent.
  • Analyst consensus may not be available for OTC stocks.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis

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