IMA · NASDAQ · Biotechnology

ImageneBio (IMA)

Develops IMG-007 for autoimmune and inflammatory diseases.

$5.01
At close−0.01 (−0.20%)
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ImageneBio IncIMAHealth Care

Develops IMG-007, a non-depleting anti-OX40 antibody for autoimmune and inflammatory diseases. The clinical-stage business is concentrated on advancing the program in atopic dermatitis and alopecia areata.

Develops IMG-007, a non-depleting, ADCC-silenced anti-OX40 monoclonal antibody designed to target the OX40 receptor. The clinical-stage program has completed proof-of-concept trials in atopic dermatitis and alopecia areata, with a Phase 2b study continuing in moderate-to-severe atopic dermatitis.

Formed through Ikena Oncology’s 2025 merger with Inmagene, the Nasdaq-listed issuer shifted from its oncology history to immunology, autoimmune, and inflammatory-disease development. Its public shares began trading as IMA after the transaction, and it is headquartered in San Diego.

Operations are concentrated around IMG-007's clinical development. Progress depends on clinical, regulatory, and financing outcomes disclosed by the company.

Company facts

CEOKristin Yarema, Ph.D.
ListedJul 28, 2025
ExchangeNASDAQ
HeadquartersSan Diego, CA
CountryUnited States
Employees15
CIK0001835579
ISINUS45175G2075

Market cap$55.9M
EPS (ttm)−$5.21
P/E (ttm)−0.9520
ROE-39.0%
P/B0.5642
P/S0.00
Dividend yieldDiv yield
Beta0.96vs XLV 0.36

Price target$1.33−73.2%Avg of 5 analysts
ConsensusBuy4 of 5 analysts
Ratings

Target rangeAs of Sep 2, 2026

Latest analyst notes

DateFirmActionRating
Aug 21, 2026H.C. WainwrightInitiateBuy

Next report
Nov 11, 2026
estimated · in 69 days
EPS estimate
−$0.83
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Jul '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.18−$0.18−$0.06−$2.91−$0.62−$0.95−$0.63Pending
Estimate−$0.19−$0.21−$0.14−$1.47−$1.45−$0.70−$0.98−$0.83
Surprise+5.3%+14.3%+57.1%−98.0%+57.2%−35.7%+35.5%

RevenueReportedEstimate

Mar '25May '25Jul '25Nov '25Mar '26May '26Aug '26Nov '26
ReportedPending
Estimate$875.0K
Surprise
Estimate−$0.83
ReportedDue Nov 11, 2026
Estimate
ReportedDue Nov 11, 2026
View details

Debt to equity1.30%
Current ratio2,146.80%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$800.0K$0$0$0$0$0
Net income−$10.2M−$9.1M−$6.1M−$2.8M−$24.8M−$6.9M−$10.6M−$10.2M
Net margin0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$12.4M−$12.5M−$6.0M−$8.8M−$26.6M−$8.5M−$12.1M−$11.8M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $136.2M · Total debt $1.9M · Total assets $152.0M · Shareholders' equity $142.1M

Revenue
$0
Operating income
−$11.8M
Net income
−$10.2M
View details

No dividends on record.

Institutions39 holders · as of Mar 31, 202647.18%5.36M shares
Insiders10 holders · as of Aug 17, 202624.80%2.82M shares
Otherremainder28.02%3.18M shares

11.35M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Trails Edge Capital Partners, LPInstitution
10.36%1.18M13Gfiled Apr 21, 2026
Jonathan Jian WangInsiderdirector
9.82%1.12MForm 4filed Aug 15, 2025
BVF Inc/ILInstitution
9.78%1.11M13Fas of Mar 31, 2026
Blue Owl Capital Holdings LPInstitution
8.45%959,33713Fas of Mar 31, 2026
Cable Car Capital LLCInstitution
6.65%754,74913Fas of Mar 31, 2026
See all 25

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jul 17, 2026Robert B. Lallyofficer: Principal Accounting Officer−1,525$5.34
Jul 16, 2026Robert B. Lallyofficer: Principal Accounting Officer−1,671$5.50
Apr 14, 2026Orbimed Advisors LLCdirector+721,292$0.0010
Apr 14, 2026David P. Bonitadirector+721,292$0.0010
Dec 24, 2025Joseph P. Slatterydirector+16,000$5.99
View details

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Compare

CompanyPriceChange
ImageneBio$5.01−0.20%$55.9M
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Median38.915.65.7+11.2%