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Immutep Ltd (AU:IMM)
ASX:IMM
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Immutep Ltd (IMM) AI Stock Analysis

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AU:IMM

Immutep Ltd

(Sydney:IMM)

Rating:50Neutral
Price Target:
AU$0.50
▲(100.00% Upside)
Immutep Ltd's stock score is primarily driven by its financial performance challenges and technical analysis. While it operates in a promising industry, the lack of profitability and bearish technical signals weigh down the score. The valuation is also a concern due to the negative P/E ratio.

Immutep Ltd (IMM) vs. iShares MSCI Australia ETF (EWA)

Immutep Ltd Business Overview & Revenue Model

Company DescriptionImmutep Ltd (IMM) is a biotechnology company focused on developing immunotherapy treatments for cancer and autoimmune diseases. The company operates primarily in the healthcare and biotechnology sectors. Its core products include drug candidates based on the LAG-3 immune control mechanism, with programs in both active immunotherapy and immune modulation.
How the Company Makes MoneyImmutep Ltd generates revenue through a combination of licensing agreements, milestone payments, and royalties from its drug development partnerships with larger pharmaceutical companies. The company collaborates with these partners to advance its proprietary LAG-3 related technologies through clinical trials and towards commercialization. Additionally, Immutep may receive grants and research funding to support its development programs. Significant partnerships with established pharmaceutical firms contribute to its earnings potential, allowing it to leverage their resources for the development and distribution of its therapies.

Immutep Ltd Financial Statement Overview

Summary
Immutep Ltd shows promising revenue growth in the biotech sector but struggles with consistent negative margins and cash flows. Despite a strong equity base, the company's profitability remains a significant challenge.
Income Statement
45
Neutral
Immutep Ltd has experienced significant revenue growth over recent years, driven by increasing interest and investment in biotechnology. However, the company continues to face challenges in profitability, with consistent negative EBIT and net income margins. The gross profit margin has been negative, suggesting high cost structures relative to revenue generation.
Balance Sheet
55
Neutral
The company's balance sheet shows a strong equity base with a healthy equity ratio, indicating low leverage and potential for stability. However, the debt-to-equity ratio remains low, reflecting prudent financial management. Despite this, the company has yet to translate its equity strength into profitability or significant asset growth.
Cash Flow
50
Neutral
Operating cash flow remains negative, largely due to ongoing research and development expenses typical in the biotechnology sector. While free cash flow is also negative, indicating cash burn, the company has shown an ability to secure financing, which supports its ongoing operations and growth initiatives.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue4.88M3.84M3.51M170.37K3.86M7.49M
Gross Profit-41.56M-37.70M1.44M-1.89M1.79M-14.99M
EBITDA-48.74M-44.54M-42.88M-31.87M-20.72M-13.94M
Net Income-43.87M-42.72M-39.90M-32.21M-29.90M-13.47M
Balance Sheet
Total Assets182.33M201.58M147.45M102.17M82.03M46.60M
Cash, Cash Equivalents and Short-Term Investments159.26M181.88M123.42M80.00M60.13M26.32M
Total Debt1.68M1.59M1.23M1.73M2.82M9.05M
Total Liabilities9.86M12.06M10.98M8.09M8.76M13.30M
Stockholders Equity172.47M189.52M136.47M94.08M73.27M33.30M
Cash Flow
Free Cash Flow-36.10M-35.75M-35.93M-30.25M-17.66M-10.86M
Operating Cash Flow-36.04M-34.82M-35.88M-30.23M-17.64M-10.84M
Investing Cash Flow-82.84M-21.02M-31.00K-22.91K-15.60K-19.35K
Financing Cash Flow95.24M95.18M76.04M50.33M52.68M20.48M

Immutep Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.25
Price Trends
50DMA
0.25
Negative
100DMA
0.26
Negative
200DMA
0.29
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
46.00
Neutral
STOCH
18.52
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:IMM, the sentiment is Negative. The current price of 0.25 is below the 20-day moving average (MA) of 0.26, below the 50-day MA of 0.25, and below the 200-day MA of 0.29, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.00 is Neutral, neither overbought nor oversold. The STOCH value of 18.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:IMM.

Immutep Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$7.81B-0.15-40.08%2.29%21.29%-1.80%
50
Neutral
$366.97M-31.16%14.47%
$49.51M-99.05%
$77.53M-154.88%
54
Neutral
AU$205.02M-27.89%67.26%
46
Neutral
AU$279.09M-524.68%322.26%-53.98%
40
Underperform
AU$106.18M-47.98%700.00%26.88%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:IMM
Immutep Ltd
0.25
-0.13
-34.21%
IUGNF
Imugene
0.17
-1.03
-85.83%
PRNAF
Alterity Therapeutics
0.01
0.00
0.00%
AU:DXB
Dimerix Limited
0.47
0.03
6.82%
AU:RAC
Race Oncology Ltd.
1.20
-0.45
-27.27%
AU:ALA
Arovella Therapeutics Limited
0.09
-0.06
-40.00%

Immutep Ltd Corporate Events

Immutep Advances Oncology Trials with Promising Results
Jul 29, 2025

Immutep Limited has reported significant progress in its oncology programs, particularly with the TACTI-004 Phase III trial for non-small cell lung cancer (NSCLC), which is expanding across numerous clinical sites globally. The company has achieved promising results in its INSIGHT-003 trial, showing high response and disease control rates in NSCLC patients. Additionally, Immutep’s combination therapy has demonstrated a strong median overall survival in head and neck cancer patients, potentially positioning the company for further regulatory discussions and market opportunities.

The most recent analyst rating on (AU:IMM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Immutep Ltd stock, see the AU:IMM Stock Forecast page.

Immutep’s Eftilagimod Alfa Trials to be Showcased at ESMO 2025
Jul 28, 2025

Immutep Limited announced that three abstracts related to its clinical trials for the MHC Class II agonist, eftilagimod alfa, have been accepted for presentation at the European Society for Medical Oncology Congress 2025. This includes a Phase II trial in soft tissue sarcoma, a Phase I trial in non-small cell lung cancer (NSCLC), and a pivotal Phase III trial in NSCLC. These presentations at a prestigious oncology congress underscore the potential impact of Immutep’s therapies on cancer treatment, highlighting its strategic positioning in the immunotherapy field.

The most recent analyst rating on (AU:IMM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Immutep Ltd stock, see the AU:IMM Stock Forecast page.

JPMorgan Ceases Substantial Holding in Immutep Ltd
Jul 24, 2025

Immutep Ltd has announced that JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in the company as of July 22, 2025. This change in shareholding involves various subsidiaries of JPMorgan, including J.P. Morgan Securities Australia Limited and J.P. Morgan Securities LLC, and reflects a shift in the voting securities landscape for Immutep Ltd, potentially impacting its market dynamics and stakeholder interests.

The most recent analyst rating on (AU:IMM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Immutep Ltd stock, see the AU:IMM Stock Forecast page.

Immutep Ltd Reports Changes in Substantial Holdings
Jul 23, 2025

Immutep Ltd has announced changes in the substantial holdings of its securities, with significant transactions occurring from June 2024 to July 2025 involving major financial entities such as Citicorp Nominees Pty Limited, HSBC, and Northern Trust. These transactions indicate active trading and shifts in ownership stakes, which may affect the company’s market position and investor relations.

The most recent analyst rating on (AU:IMM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Immutep Ltd stock, see the AU:IMM Stock Forecast page.

Immutep Ltd Announces Quotation of New Securities on ASX
Jul 18, 2025

Immutep Ltd announced the quotation of 7,441,304 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of July 18, 2025. This move is part of the company’s strategy to enhance its capital structure and potentially strengthen its market position, providing stakeholders with increased liquidity and investment opportunities.

The most recent analyst rating on (AU:IMM) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Immutep Ltd stock, see the AU:IMM Stock Forecast page.

Immutep Ltd Announces Quotation of New Securities on ASX
Jul 18, 2025

Immutep Ltd has announced the quotation of 33,904 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of July 18, 2025. This move is part of the company’s ongoing efforts to enhance its financial flexibility and strengthen its market position, potentially benefiting its stakeholders by increasing liquidity and visibility in the market.

The most recent analyst rating on (AU:IMM) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Immutep Ltd stock, see the AU:IMM Stock Forecast page.

JPMorgan Chase Reduces Stake in Immutep Ltd
Jul 16, 2025

Immutep Ltd has announced a change in the interests of its substantial holder, JPMorgan Chase & Co. and its affiliates. The voting power of JPMorgan Chase & Co. in Immutep Ltd has decreased from 6.08% to 5.05%, indicating a reduction in their shareholding. This change reflects various transactions involving securities lending and rehypothecation agreements, impacting the company’s shareholder structure and potentially influencing its market perception.

The most recent analyst rating on (AU:IMM) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Immutep Ltd stock, see the AU:IMM Stock Forecast page.

Immutep Ltd Substantial Holder Increases Stake
Jun 30, 2025

Immutep Ltd has experienced a change in the interests of its substantial holder, Regal Funds Management Pty Ltd and its associates. The notice details the current voting power and the number of ordinary shares held by the substantial holder, reflecting an increase in their voting power from 12.81% to 13.91%. This change indicates a strengthened position for Regal Funds Management in Immutep Ltd, potentially impacting the company’s governance and strategic decisions.

The most recent analyst rating on (AU:IMM) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Immutep Ltd stock, see the AU:IMM Stock Forecast page.

Immutep Ltd Highlights Immune System Innovations at Healthcare Conference
Jun 1, 2025

Immutep Ltd presented an update at the Jefferies Global Healthcare Conference in June 2025, highlighting its ongoing business activities. The presentation emphasized the company’s commitment to leveraging immune system capabilities to address cancer and autoimmune disorders, which could enhance its market position and influence stakeholders in the biotechnology industry.

The most recent analyst rating on (AU:IMM) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Immutep Ltd stock, see the AU:IMM Stock Forecast page.

Immutep’s Efti Combination Therapy Achieves Success in Phase II Soft Tissue Sarcoma Trial
May 25, 2025

Immutep Limited announced that its EFTISARC-NEO Phase II trial, which evaluates the combination of eftilaginod alpha (efti) with radiotherapy and KEYTRUDA® in treating resectable soft tissue sarcoma, has successfully met its primary endpoint. The trial demonstrated a significant improvement in tumor hyalinization/fibrosis compared to historical data, suggesting enhanced efficacy in transforming the tumor microenvironment and addressing the high unmet need in this aggressive cancer. The results, which highlight the potential of efti in cancer treatment, are expected to be presented at a future medical meeting.

The most recent analyst rating on (AU:IMM) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Immutep Ltd stock, see the AU:IMM Stock Forecast page.

Immutep’s Efti Combination Shows Promising Results in Lung Cancer Trial
May 14, 2025

Immutep Limited announced promising results from its INSIGHT-003 trial, demonstrating a 60.8% response rate and 90.2% disease control rate in first-line non-small cell lung cancer (1L NSCLC) patients treated with a combination of eftilagimod alpha, KEYTRUDA®, and chemotherapy. This novel combination therapy showed significant improvement in response rates across all PD-L1 expression levels compared to historical controls, particularly benefiting patients with PD-L1 TPS below 50%, who represent a high unmet need. The trial’s favorable safety profile and strong efficacy data reinforce Immutep’s confidence in establishing a new standard of care for 1L NSCLC, potentially enhancing its industry positioning and offering significant implications for stakeholders.

The most recent analyst rating on (AU:IMM) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Immutep Ltd stock, see the AU:IMM Stock Forecast page.

Immutep’s Efti Shows Promising Results in Head and Neck Cancer Trial
May 4, 2025

Immutep Limited announced promising results from its Phase IIb trial of eftilagimod alfa (efti) in combination with KEYTRUDA® for head and neck cancer patients with PD-L1 CPS <1. The trial demonstrated a median overall survival of 17.6 months, significantly surpassing current standard treatments. This combination therapy addresses a high unmet need for patients with no available chemotherapy-free options, showing potential for regulatory approval discussions with the FDA. The safety profile remains favorable, and the company plans to continue data analysis and regulatory discussions.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 17, 2025