Immutep

IMMP · ASX

$3.20+$0.03 (+0.95%)TodayMarket closed ·
Prev close $3.17

IMMP analyst rating

BuyConsensus of 4 analysts over the last 12 months. 50% rate it a buy.
  • Strong buy0
  • Buy2
  • Hold2
  • Underperform0
  • Sell0

12-month price target · 7 analysts

Average $73.42 (+2194.5% upside)

Low
$10.31
Now
$3.20
High
$194.39

Upgrades and downgrades

The latest rating actions, newest first

IMMP analyst upgrades, downgrades and rating actions
FirmDateActionRating
Maxim GroupJun 17, 2026UpgradeHold → Buy
CitizensMar 13, 2026DowngradeMarket Outperform → Market Perform
BairdMar 13, 2026DowngradeOutperform → Neutral
CitizensFeb 23, 2026InitiatesMarket Outperform
CitizensFeb 17, 2026InitiatesMarket Outperform

The case for and against

Updated Aug 4, 2026

Bull case

Immutep is well-positioned for success with their diversified product pipeline and strong leadership, making them a promising investment opportunity for the long-term. However, investors should be aware of potential risks related to stock market volatility and regulatory approval challenges. Overall, with expected positive results from their Phase 3 and Phase 2b trials, Immutep has the potential for significant growth in the future.

Bear case

Immutep is highly reliant on the FDA's pace of evaluating new drugs and their willingness to approve them, making it risky and dependent on external factors. Their positioning as a complementary agent rather than a direct competitor could negatively impact market potential, and there is confusion among experts regarding the drug's mechanism. Additionally, the clinical trials for both NSCLC and HNSCC have small sample sizes, and the data should be interpreted with caution.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.