ImageneBio, Inc.
ImageneBio, Inc. is a clinical-stage biopharmaceutical company developing IMG-007 for immunological and inflammatory indications, relying on future regulatory approvals and potential collaborations for revenue generation.
Business. ImageneBio, Inc. (IMA) is a biotechnology and life-science tools company headquartered in the United States. The firm operates within the Health Care sector, focusing on the development and commercialization of biotechnology products. ImageneBio is publicly traded on the Nasdaq stock exchange under the ticker symbol IMA. Specific details regarding operating segments or geographic revenue breakdowns are not provided in the available data.
Analyst recommendations
3 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
ImageneBio, Inc. (IMA) is a biotechnology and life-science tools company headquartered in the United States. The firm operates within the Health Care sector, focusing on the development and commercialization of biotechnology products. ImageneBio is publicly traded on the Nasdaq stock exchange under the ticker symbol IMA. Specific details regarding operating segments or geographic revenue breakdowns are not provided in the available data.
ImageneBio maintains a conservative capital structure with zero debt and a debt-to-equity ratio of 0.0, supported by $76.0 million in cash and equivalents against total liabilities of $13.4 million. The current ratio stands at 18.39, indicating ample short-term liquidity to cover immediate obligations. However, the company trades at a price-to-book ratio of 0.54, reflecting market skepticism regarding the realization of its asset value. The market capitalization is $67.0 million, while the enterprise value-to-EBITDA multiple is 1.04, a metric that is less meaningful given the company's pre-revenue status and negative earnings.
Profitability remains negative, with a net income of -$10.6 million and an operating income of -$12.1 million for the latest period. Return on equity is -36.77% and return on assets is -33.18%, consistent with a clinical-stage biotech burning cash for research and development. The company has not yet achieved profitability and expects to incur significant losses for the foreseeable future. There are no positive revenue streams to offset these expenses, resulting in a negative EV-to-revenue multiple of -62.71.
- Zero debt and high cash reserves provide a strong liquidity buffer, but negative cash flows require future capital raises.
- Single-product dependency on IMG-007 creates high concentration risk, with no revenue diversification.
- Material weakness in internal controls poses a risk to financial reporting accuracy and investor confidence.
- Analyst price targets range widely from $2.00 to $30.00, reflecting uncertainty in clinical outcomes and valuation.
- Pre-revenue status and significant operating losses result in negative profitability metrics and high dilution risk.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Operating income -$12.1M.
- ▍Operating income -$12.1M
Revenue $800.0k; Operating income -$39.9M.
- ▍Revenue $800.0k
- ▍Operating income -$39.9M
- ▍Net margin -4805.1%
Revenue $800.0k; Operating income -$48.5M.
- ▍Revenue $800.0k
- ▍Operating income -$48.5M
- ▍Net margin -5668.6%
Revenue $3.5M; Operating income -$37.0M.
- ▍Revenue $3.5M
- ▍Operating income -$37.0M
- ▍Net margin -1044.8%
Operating income -$59.0M.
- ▍Operating income -$59.0M
Revenue $9.2M; Operating income -$75.4M.
- ▍Revenue $9.2M
- ▍Operating income -$75.4M
- ▍Net margin -744.2%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | -3,67 |
| Revenue | —no estimate | —no estimate | 0 USD |
| Operating income | —no estimate | —no estimate | -60,2M USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Source documents mention dilution or offering risk.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director · Stock Option (right to buy) → Common StockAcquired 15 600 @ $5,45grant · 2026-06-16
- Director · Stock Option (right to buy) → Common StockAcquired 15 600 @ $5,45grant · 2026-06-16
- Director · Stock Option (right to buy) → Common StockAcquired 15 600 @ $5,45grant · 2026-06-16
- Director · Stock Option (right to buy) → Common StockAcquired 15 600 @ $5,45grant · 2026-06-16
- Director · Pre-Funded Warrants (right to buy) → Common StockAcquired 336 603 @ $0,00purchase · 2026-04-14
- Director · Pre-Funded Warrants (right to buy) → Common StockAcquired 384 689 @ $0,00purchase · 2026-04-14
- Director · Pre-Funded Warrants (right to buy) → Common StockAcquired 384 689 @ $0,00purchase · 2026-04-14
- Director · Pre-Funded Warrants (right to buy) → Common StockAcquired 336 603 @ $0,00purchase · 2026-04-14
- Director, Chief Executive Officer · Employee Stock Option (right to buy) → Common StockAcquired 128 100 @ $6,20grant · 2026-03-16
- Principal Accounting Officer · Employee Stock Option (right to buy) → Common StockAcquired 22 500 @ $7,11grant · 2025-12-30
- Director · Employee Stock Option (Right to Buy) → Common StockAcquired 31 200 @ $6,19grant · 2025-12-18
- Director · Employee Stock Option (Right to Buy) → Common StockAcquired 31 200 @ $6,19grant · 2025-12-18
- Director · Employee Stock Option (Right to Buy) → Common StockAcquired 31 200 @ $6,19grant · 2025-12-18
Actions
Ask Handelsavisen
- Market data
- Regulatory filings
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Cash Conversion Ratiooperating_cash_flow / net_income
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Ev To Revenueenterprise_value / revenue
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Equitynet_income / total_equity
- Market Capmarket_price * shares_outstanding_diluted
- ImageneBio, Inc. company facts · 2026-07-30
- ImageneBio, Inc. 10-Q 2026-05-07 · 2026-07-30
- ImageneBio, Inc. 10-K 2026-03-10 · 2026-07-30
- ImageneBio, Inc. 10-Q 2025-11-12 · 2026-07-30
- ImageneBio, Inc. 10-Q 2025-07-24 · 2026-07-30
- allocator_boost (allocator) on IMA · 2026-07-30
- ImageneBio Inc Market data — analyst estimates · 2026-07-30
- ImageneBio Inc Market data — ESG · 2026-07-30
- ImageneBio, Inc. HA canonical relationships · 2026-07-30
Ownership & reference
Top holders
- Investment Managers · as of 2025-12-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
Insider activity
- Director, Chief Executive Officer · Common StockOther 85 400 · 2026-03-16
- Principal Accounting Officer · Common StockOther 22 500 · 2025-12-30
- Director · Common StockBought 16 000 @ $5,99$96K · 2025-12-24
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 56.4%Derived (calculated)
- Net margin (FY 2025-12-31): -5,668.6%Derived (calculated)
- Return on equity (FY 2025-12-31): -34.1%Derived (calculated)
- Return on assets (FY 2025-12-31): -29.6%Derived (calculated)
- Current ratio (FY 2025-12-31): 12.49xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 0.15xDerived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 680.1%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -24.0%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -124.4%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -30.9%Derived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): -11.2%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): -77.1%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 182.9%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 860.8%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 13.7%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 56.4%Derived (calculated)
- EPS (basic) (annual): USD-PER-SHARES -10SEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES -10SEC XBRL filing
- Revenue (annual): USD 800KSEC XBRL filing
- Pre-tax income (annual): USD -45.7MSEC XBRL filing
- Total operating expenses (annual): USD 49.25MSEC XBRL filing
- Total liabilities (annual): USD 19.84MSEC XBRL filing
- Cash & equivalents (annual): USD 94.53MSEC XBRL filing
- Operating cash flow (annual): USD -47.84MSEC XBRL filing