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IMVT

Immunovant Sciences GmbHdistress 2/10 · well-funded / low risk
$38.49-1%today-6% from 52w high
immunovant.com315 employeesFounded 2018Durham, NCBiotechnology
Neurology 2
Lead: Graves' Disease · target FcRn
Revenue
pre-revenue
Liquidity
$902M
Runway
2.4 yrs
Shares 1y
+18%

Price & events

+47.0% over 6M
$22.98$32.03$41.09Jan 26Apr 26Jul 2619.6Mcatalyst: PHASE3 Batoclimab (2026-04-02) — click to opencatalyst: PHASE3 Batoclimab, Placebo (2026-02-03) — click to openrating: Citigroup: Buy (2026-06-30)rating: Guggenheim: Buy (2026-05-26)rating: Truist Securities: Hold (2026-05-22)rating: B of A Securities: Buy (2026-05-21)rating: HC Wainwright & Co.: Buy (2026-05-21)rating: Goldman Sachs: Neutral (2026-04-15)rating: HC Wainwright & Co.: Buy (2026-02-10)rating: Guggenheim: Buy (2026-02-09)
CatalystRating changeDilutionFinancingdashed = today
-1.4%
1D
-1.2%
1W
+2.3%
1M
+33.1%
3M
+48.0%
6M
+109.3%
1Y
+37.5%
2Y
+285.3%
5Y
-15.2%
All

Overview

Market Cap
$7.90B
Volume
60.63K
52 Week Range
$14.69 – $41.09
Total Shares
205.31M
Float Shares
78.74M
Short %
19.82%
% Held by Insiders
56.55%
% Held by Institutions
54.63%
RVOL
0.04x
Beta
0.77

Pipeline stages · 3 programs

IMVT-1402
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2026-10
Imeroprubart
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2028-08
Batoclimab
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2028-11

Pipeline · 15 trials · 9 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2026-10
Estimated 50%
readout ~2026-11-15
Phase 2IMVT-1402Subacute Cutaneous Lupus Erythematosus, Chronic Cutaneous Lupus Erythematosusactive not recruiting
2027-05
Estimated 50%
readout ~2027-06-15
Phase 2IMVT-1402Graves' Diseaserecruiting
2027-09
Estimated 50%
readout ~2027-10-16
Phase 2IMVT-1402Rheumatoid Arthritisactive not recruiting
2027-12
Estimated 50%
readout ~2028-02-14
Phase 3IMVT-1402Generalized Myasthenia Gravisrecruiting
2028-06
Estimated 50%
readout ~2028-07-16
Phase 2IMVT-1402Graves' Diseaserecruiting
Show all 15 trials · 10 more ▾
ReadoutPhaseDrugIndicationEnrollStatus
2028-07
Estimated 50%
readout ~2028-08-15
Phase 2IMVT-1402Primary Sjögren's Syndromerecruiting
2028-08
Estimated 50%
readout ~2028-09-15
Phase 2ImeroprubartChronic Inflammatory Demyelinating Polyneuropathyrecruiting
2028-11
Estimated 50%
readout ~2028-12-16
Phase 2BatoclimabChronic Inflammatory Demyelinating Polyneuropathyenrolling by invitation
2030-03
Estimated 50%
readout ~2030-04-15
Phase 2IMVT-1402Graves' Diseaseenrolling by invitation
2026-04-02
Phase 3BatoclimabThyroid Eye Disease109terminated
2026-02-03
Phase 3Batoclimab, PlaceboThyroid Eye Disease86completed
2026-01
Phase 2Batoclimab 680 milligrams (mg) subcutaneous (SC) weekly, Batoclimab 340 mg SC weekly, PlaceboChronic Inflammatory Demyelinating Polyneuropathy277active not recruiting
2025-11-02
Phase 3Batoclimab, PlaceboThyroid Eye Disease114completed
2025-07-25
Phase 2IMVT-1401 (batoclimab)Graves Disease35completed
2025-01-10
Phase 3Batoclimab 680 mg SC weekly, Batoclimab 340 mg SC weekly, Matching Placebo SC, Batoclimab 340 mg SC bi-weeklyGeneralized Myasthenia Gravis240active not recruiting

Catalyst news & presentations · 7

Approved drugs (0)

  • none — clinical-stage

Capital structure — dilution & financing

Shares out: 205,308,917 · 2 offerings/1y · 0 PIPEs
  • 2025-12-12424B5offering
  • 2025-12-11FWPoffering
  • 2025-01-24424B3offering
  • 2025-01-138-Kprivate_placement
  • 2024-11-12SC 13G/Astrategic_stake
🔒 Positioning — Pro
Short interest / days-to-cover, insider buys & sells.
Upgrade to Pro
🔒 Top holders — Pro
Institutional ownership + quarter-over-quarter accumulation/trimming.
Upgrade to Pro

Wall St ratings

buy · target $47 (+23% upside) · 16 analysts
  • 2026-06-30CitigroupBuy
  • 2026-05-26GuggenheimBuy
  • 2026-05-22Truist SecuritiesHold
  • 2026-05-21B of A SecuritiesBuy
  • 2026-05-21HC Wainwright & Co.Buy
  • 2026-04-15Goldman SachsNeutral

Competitors — FcRn

  • JNJJOHNSON & JOHNSON$617.4B · D0
  • ARGXARGENX SE$54.3B · D0

Not financial advice. Data: ClinicalTrials.gov, SEC EDGAR, FINRA, Nasdaq, Yahoo.