IMRX Chart
About

Immuneering Corporation, a clinical-stage oncology company, engages in the development of medicines for broad populations of cancer patients. Its lead product candidates include IMM-1-104, a dual-MEK inhibitor currently under Phase 1/2a clinical trial to treat patients with cancer, including pancreatic, melanoma, and non-small cell lung cancer caused by mutations of RAS and/or RAF; and IMM-6-415 that is in Phase 1/2a clinical trial for the treatment of patients with solid tumors. Immuneering Corporation was incorporated in 2008 and is based in Cambridge, Massachusetts.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 329.31M
Enterprise Value 105.66M Income -62.50M Sales —
Book/sh 3.59 Cash/sh 3.52 Dividend Yield —
Payout 0.00% Employees 54 IPO —
P/E — Forward P/E -3.38 PEG —
P/S — P/B 1.42 P/C —
EV/EBITDA -1.66 EV/Sales — Quick Ratio 23.84
Current Ratio 24.00 Debt/Eq 1.72 LT Debt/Eq —
EPS (ttm) -1.79 EPS next Y -1.51 EPS Growth —
Revenue Growth — Earnings 2026-03-19 ROA -25.91%
ROE -43.75% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 64.57M
Shs Float 49.32M Short Float 20.08% Short Ratio 3.94
Short Interest — 52W High 10.08 52W Low 1.10
Beta 0.46 Avg Volume 1.72M Volume 643.39K
Target Price $17.17 Recom Strong_buy Prev Close $4.96
Price $5.10 Change 2.82%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$17.17
Mean price target
2. Current target
$5.10
Latest analyst target
3. DCF / Fair value
$-7.74
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$5.10
Low
$11.00
High
$30.00
Mean
$17.17

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-13 main Chardan Capital Buy → Buy $20
2025-10-31 init Leerink Partners — → Outperform $15
2025-09-30 reit HC Wainwright & Co. Buy → Buy $11
2025-09-26 main Chardan Capital Buy → Buy $20
2025-09-25 main Oppenheimer Outperform → Outperform $30
2025-09-15 main Needham Buy → Buy $11
2025-08-26 reit Needham Buy → Buy $8
2025-08-14 main Chardan Capital Buy → Buy $13
2025-06-18 main Mizuho Outperform → Outperform $10
2025-06-18 reit Needham Buy → Buy $9
2025-06-18 main Chardan Capital Buy → Buy $13
2025-06-05 reit Needham Buy → Buy $9
2025-05-07 main Oppenheimer Outperform → Outperform $21
2025-05-06 main Chardan Capital Buy → Buy $13
2025-04-10 reit Needham Buy → Buy $12
2025-03-24 main Chardan Capital Buy → Buy $13
2025-03-21 reit Needham Buy → Buy $12
2025-02-06 reit Needham Buy → Buy $12
2025-01-13 reit Needham Buy → Buy $15
2025-01-08 main Chardan Capital Buy → Buy $13
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 5250 24990 — Purchase at price 4.76 per share. BRAKEWOOD HAROLD EUGENE Officer — 2026-01-16 00:00:00 D
1 21645 101041 — Purchase at price 4.67 per share. SCHALL THOMAS J Director — 2026-01-15 00:00:00 D
2 2298 10502 — Purchase at price 4.57 per share. HALL BRETT MATTHEW Officer — 2026-01-15 00:00:00 D
3 2626 10906 — Purchase at price 4.15 per share. NEUFELD LEAH R Officer — 2026-01-13 00:00:00 D
4 20000 86904 — Purchase at price 4.35 per share. FEINBERG PETER Director — 2026-01-12 00:00:00 I
5 7500 50025 — Purchase at price 6.67 per share. FEINBERG PETER Director — 2025-10-03 00:00:00 D
6 1020 6966 — Purchase at price 6.83 per share. BOOKMAN MICHAEL Officer — 2025-10-01 00:00:00 D
7 300 1917 — Purchase at price 6.39 per share. MORALES MALLORY Officer — 2025-10-01 00:00:00 D
8 800 5103 — Purchase at price 6.38 per share. NEUFELD LEAH R Officer — 2025-10-01 00:00:00 D
9 7500 52730 — Purchase at price 7.03 per share. FEINBERG PETER Director — 2025-09-30 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.01
NormalizedEBITDA-63.69M-58.06M-51.47M-33.73M
NetIncomeFromContinuingOperationNetMinorityInterest-61.04M-53.47M-50.51M-33.54M
ReconciledDepreciation385.07K352.08K277.25K159.07K
ReconciledCostOfRevenue0.00158.12K994.00K
EBITDA-63.69M-58.06M-51.47M-33.73M
EBIT-64.07M-58.41M-51.75M-33.89M
NetInterestIncome2.59M3.61M1.01M169.90K
InterestIncome2.59M3.61M1.01M169.90K
NormalizedIncome-61.04M-53.47M-50.51M-33.54M
NetIncomeFromContinuingAndDiscontinuedOperation-61.04M-53.47M-50.51M-33.54M
TotalExpenses64.07M58.41M52.06M35.97M
RentExpenseSupplemental108.00K
TotalOperatingIncomeAsReported-64.07M-58.41M-51.74M-33.89M
DilutedAverageShares29.98M28.42M26.39M13.61M
BasicAverageShares29.98M28.42M26.39M13.61M
DilutedEPS-2.04-1.88-1.91-2.46
BasicEPS-2.04-1.88-1.91-2.46
DilutedNIAvailtoComStockholders-61.04M-53.47M-50.51M-33.54M
NetIncomeCommonStockholders-61.04M-53.47M-50.51M-33.54M
NetIncome-61.04M-53.47M-50.51M-33.54M
NetIncomeIncludingNoncontrollingInterests-61.04M-53.47M-50.51M-33.54M
NetIncomeContinuousOperations-61.04M-53.47M-50.51M-33.54M
TaxProvision0.00-307.49K
PretaxIncome-61.04M-53.47M-50.51M-33.84M
OtherIncomeExpense441.49K1.33M216.84K-127.06K
OtherNonOperatingIncomeExpenses441.49K1.33M216.84K-127.06K
NetNonOperatingInterestIncomeExpense2.59M3.61M1.01M169.90K
InterestIncomeNonOperating2.59M3.61M1.01M169.90K
OperatingIncome-64.07M-58.41M-51.75M-33.89M
OperatingExpense64.07M58.41M51.90M34.81M
DepreciationAmortizationDepletionIncomeStatement29.27K29.27K30.05K0.00
DepreciationAndAmortizationInIncomeStatement29.27K29.27K30.05K0.00
Amortization29.27K29.27K30.05K0.00
AmortizationOfIntangiblesIncomeStatement29.27K29.27K30.05K0.00
ResearchAndDevelopment47.96M41.62M36.27M26.54M
SellingGeneralAndAdministration16.08M16.76M15.61M8.27M
GeneralAndAdministrativeExpense16.08M16.76M15.61M8.27M
OtherGandA4.08M4.90M5.41M2.83M
RentAndLandingFees125.00K
SalariesAndWages12.00M11.86M10.20M5.44M
GrossProfit0.00158.83K926.89K
CostOfRevenue0.00158.12K1.15M
TotalRevenue0.000.00316.95K2.08M
OperatingRevenue0.000.00316.95K2.08M
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber31.05M29.27M26.42M26.32M
ShareIssued31.05M29.27M26.42M26.32M
TotalDebt4.16M4.46M4.84M5.36M
TangibleBookValue34.35M83.51M102.75M148.84M
InvestedCapital41.39M90.58M109.85M155.98M
WorkingCapital32.08M81.24M100.69M146.70M
NetTangibleAssets34.35M83.51M102.75M148.84M
CapitalLeaseObligations4.16M4.46M4.84M5.36M
CommonStockEquity41.39M90.58M109.85M155.98M
TotalCapitalization41.39M90.58M109.85M155.98M
TotalEquityGrossMinorityInterest41.39M90.58M109.85M155.98M
StockholdersEquity41.39M90.58M109.85M155.98M
GainsLossesNotAffectingRetainedEarnings0.00-778.00-30.12K-49.01K
OtherEquityAdjustments-778.00-30.12K-49.01K
RetainedEarnings-224.30M-163.26M-109.79M-59.27M
AdditionalPaidInCapital265.65M253.81M219.64M215.28M
CapitalStock31.05K29.27K26.42K26.32K
CommonStock31.05K29.27K26.42K26.32K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest11.33M12.01M12.52M10.72M
TotalNonCurrentLiabilitiesNetMinorityInterest3.82M4.16M4.46M5.09M
PreferredSecuritiesOutsideStockEquity0.000.00
LongTermDebtAndCapitalLeaseObligation3.82M4.16M4.46M5.09M
LongTermCapitalLeaseObligation3.82M4.16M4.46M5.09M
CurrentLiabilities7.50M7.85M8.05M5.63M
OtherCurrentLiabilities233.66K259.77K19.80K
CurrentDebtAndCapitalLeaseObligation338.44K300.11K378.72K274.04K
CurrentCapitalLeaseObligation338.44K300.11K378.72K274.04K
PensionandOtherPostRetirementBenefitPlansCurrent3.58M3.63M3.63M2.92M
PayablesAndAccruedExpenses3.35M3.66M4.02M2.44M
CurrentAccruedExpenses1.39M1.55M869.91K1.05M
Payables1.96M2.11M3.15M1.39M
AccountsPayable1.96M2.11M3.15M1.39M
TotalAssets52.71M102.58M122.37M166.70M
TotalNonCurrentAssets13.13M13.50M13.62M14.37M
OtherNonCurrentAssets1.30M1.03M743.70K102.13K
InvestmentsAndAdvances0.00996.56K
OtherInvestments0.00996.56K
InvestmentinFinancialAssets0.00996.56K
AvailableForSaleSecurities996.56K
GoodwillAndOtherIntangibleAssets7.04M7.07M7.10M7.14M
OtherIntangibleAssets350.41K379.68K408.95K439.00K
Goodwill6.69M6.69M6.69M6.70M
NetPPE4.79M5.40M5.78M6.13M
AccumulatedDepreciation-1.08M-728.29K-418.34K-174.22K
GrossPPE5.87M6.12M6.20M6.31M
Leases298.94K298.94K288.91K152.12K
OtherProperties4.90M5.18M5.38M5.79M
MachineryFurnitureEquipment669.41K649.49K528.66K366.14K
Properties0.000.000.000.00
CurrentAssets39.59M89.08M108.75M152.33M
OtherCurrentAssets3.44M3.42M3.21M2.89M
PrepaidAssets2.89M
Receivables0.0012.42K246.04K
AccountsReceivable0.0012.42K246.04K
CashCashEquivalentsAndShortTermInvestments36.14M85.67M105.52M149.20M
OtherShortTermInvestments0.0026.26M32.89M74.31M
CashAndCashEquivalents36.14M59.41M72.64M74.89M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-55.08M-49.31M-44.84M-30.91M
IssuanceOfCapitalStock4.24M28.20M0.00145.11M
CapitalExpenditure-84.88K-342.75K-742.48K-60.79K
EndCashPosition36.14M59.41M72.64M74.89M
BeginningCashPosition59.41M72.64M74.89M37.09M
ChangesInCash-23.26M-13.23M-2.25M37.80M
FinancingCashFlow5.30M28.44M19.00K144.26M
CashFlowFromContinuingFinancingActivities5.30M28.44M19.00K144.26M
NetOtherFinancingCharges-40.99K-203.77K-281.38K-2.12M
ProceedsFromStockOptionExercised1.11M444.84K300.38K1.28M
NetPreferredStockIssuance0.0024.79M
PreferredStockIssuance0.0024.79M
NetCommonStockIssuance4.24M28.20M0.00120.32M
CommonStockIssuance4.24M28.20M0.00120.32M
InvestingCashFlow26.43M7.30M41.83M-75.62M
CashFlowFromContinuingInvestingActivities26.43M7.30M41.83M-75.62M
NetInvestmentPurchaseAndSale26.52M7.64M42.57M-75.63M
SaleOfInvestment31.93M52.30M92.68M0.00
PurchaseOfInvestment-5.41M-44.66M-50.10M-75.63M
NetBusinessPurchaseAndSale0.0070.35K
SaleOfBusiness0.0070.35K
NetPPEPurchaseAndSale-84.88K-342.75K-742.48K-60.79K
PurchaseOfPPE-84.88K-342.75K-742.48K-60.79K
OperatingCashFlow-55.00M-48.97M-44.10M-30.85M
CashFlowFromContinuingOperatingActivities-55.00M-48.97M-44.10M-30.85M
ChangeInWorkingCapital-925.38K-974.64K1.72M900.42K
ChangeInOtherCurrentLiabilities-326.21K-138.75K-106.59K-80.85K
ChangeInOtherCurrentAssets-261.34K-290.74K-360.20K0.00
ChangeInPayablesAndAccruedExpense-312.97K-384.91K2.23M3.11M
ChangeInAccruedExpense-200.83K721.99K474.57K3.24M
ChangeInPayable-112.14K-1.11M1.76M-130.40K
ChangeInAccountPayable-112.14K-1.11M1.76M-130.40K
ChangeInPrepaidAssets-24.86K-172.66K-284.35K-2.41M
ChangeInReceivables0.0012.42K233.62K279.71K
ChangesInAccountReceivables0.0012.42K233.62K279.71K
StockBasedCompensation6.50M5.73M4.06M1.80M
AssetImpairmentCharge328.38K412.06K519.54K
AmortizationOfSecurities-259.18K-1.02M-171.38K130.24K
DeferredTax0.00-307.49K
DeferredIncomeTax0.00-307.49K
DepreciationAmortizationDepletion385.07K352.08K277.25K159.07K
DepreciationAndAmortization385.07K352.08K277.25K159.07K
AmortizationCashFlow29.27K29.27K30.05K0.00
AmortizationOfIntangibles29.27K29.27K30.05K0.00
Depreciation355.81K322.82K247.20K159.07K
OperatingGainsLosses6.78K3.94K5.17K
GainLossOnSaleOfPPE6.78K3.94K5.17K0.00
NetIncomeFromContinuingOperations-61.04M-53.47M-50.51M-33.54M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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