HC Wainwright Weighs in on Immix Biopharma FY2027 Earnings

Immix Biopharma, Inc. (NASDAQ:IMMXFree Report) – Equities researchers at HC Wainwright issued their FY2027 EPS estimates for shares of Immix Biopharma in a research note issued on Monday, August 10th. HC Wainwright analyst R. Burns forecasts that the company will post earnings of ($0.20) per share for the year. HC Wainwright has a “Buy” rating and a $25.00 price objective on the stock. The consensus estimate for Immix Biopharma’s current full-year earnings is ($0.69) per share.

Immix Biopharma (NASDAQ:IMMXGet Free Report) last issued its earnings results on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.01).

Other analysts have also recently issued research reports about the stock. Needham & Company LLC started coverage on shares of Immix Biopharma in a report on Wednesday, July 22nd. They set a “buy” rating and a $21.00 price objective on the stock. Lifesci Capital assumed coverage on Immix Biopharma in a research report on Wednesday, June 17th. They set an “outperform” rating and a $19.00 price objective for the company. Weiss Ratings restated a “sell (d-)” rating on shares of Immix Biopharma in a research note on Friday, July 17th. Citigroup assumed coverage on shares of Immix Biopharma in a research note on Thursday, June 18th. They issued a “buy” rating on the stock. Finally, Bank of America started coverage on shares of Immix Biopharma in a research note on Thursday, June 18th. They set a “buy” rating and a $27.00 price target on the stock. Eight research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $21.43.

Get Our Latest Stock Analysis on IMMX

Immix Biopharma Stock Performance

IMMX opened at $10.13 on Tuesday. Immix Biopharma has a one year low of $1.94 and a one year high of $12.14. The company has a market cap of $551.17 million, a P/E ratio of -11.51 and a beta of 0.11. The business’s 50-day simple moving average is $9.40 and its 200-day simple moving average is $8.89.

Institutional Trading of Immix Biopharma

Institutional investors and hedge funds have recently modified their holdings of the business. LGT Fund Management Co Ltd. boosted its stake in shares of Immix Biopharma by 233.3% during the first quarter. LGT Fund Management Co Ltd. now owns 416,594 shares of the company’s stock valued at $3,795,000 after acquiring an additional 291,594 shares during the last quarter. Eventide Asset Management LLC acquired a new stake in Immix Biopharma during the fourth quarter worth approximately $13,331,000. Janus Henderson Group PLC raised its holdings in Immix Biopharma by 22.5% in the 1st quarter. Janus Henderson Group PLC now owns 4,802,002 shares of the company’s stock valued at $43,698,000 after acquiring an additional 880,434 shares during the last quarter. Blue Owl Capital Holdings LP acquired a new stake in shares of Immix Biopharma during the fourth quarter worth $5,158,000. Finally, Everhart Financial Group Inc. acquired a new position in Immix Biopharma in the second quarter valued at $103,000. Hedge funds and other institutional investors own 11.26% of the company’s stock.

About Immix Biopharma

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Immix Biopharma (NASDAQ:IMMX) is a clinical-stage biopharmaceutical company focused on the discovery and development of novel immuno-oncology therapies that target myeloid checkpoints. The company’s approach centers on harnessing the innate immune system to promote anti-tumor activity, complementing established T-cell checkpoint inhibitors. By modulating key myeloid pathways, Immix Biopharma aims to overcome resistance mechanisms in solid tumors and broaden the scope of effective cancer immunotherapy.

The company’s lead candidate, IMX-110, is a first-in-class combination therapy designed to activate macrophages and dendritic cells within the tumor microenvironment.

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Earnings History and Estimates for Immix Biopharma (NASDAQ:IMMX)

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