While ImmunityBio Inc has overperformed by 1.39%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, IBRX fell by -42.72%, with highs and lows ranging from $10.53 to $2.28, whereas the simple moving average fell by -31.99% in the last 200 days.
On March 06, 2025, H.C. Wainwright started tracking ImmunityBio Inc (NASDAQ: IBRX) recommending Buy. A report published by BTIG Research on January 10, 2025, Initiated its previous ‘Buy’ rating for IBRX. Piper Sandler also Downgraded IBRX shares as ‘Neutral’, setting a target price of $4 on the company’s shares in a report dated May 12, 2023. Jefferies Initiated an Buy rating on August 03, 2022, and assigned a price target of $8.
Analysis of ImmunityBio Inc (IBRX)
Further, the quarter-over-quarter increase in sales is 5333.09%, showing a positive trend in the upcoming months.
To gain a thorough understanding of ImmunityBio Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. Taking into account the quick ratio of the company, currently set at 3.21, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and IBRX is recording an average volume of 6.16M. Furthermore, long-term investors anticipate a median target price of $11.25, showing growth from the present price of $2.91, which can serve as yet another indication of whether IBRX is worth investing in or should be passed over.
How Do You Analyze ImmunityBio Inc Shares?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 89.60%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 9.91% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
IBRX shares are owned by institutional investors to the tune of 9.91% at present.
