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Allergy Therapeutics PLC (GB:AGY)
LSE:AGY
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Allergy Therapeutics (AGY) AI Stock Analysis

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GB:AGY

Allergy Therapeutics

(LSE:AGY)

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Neutral 41 (OpenAI - 5.2)
Rating:41Neutral
Price Target:
6.50 p
▼(-44.92% Downside)
Action:Reiterated
Date:06/20/26
The score is primarily driven by very weak financial performance (declining revenue, large losses, negative cash flow, and negative equity). Technicals add further pressure due to a clear downtrend, with only a modest offset from oversold readings. Valuation is also constrained because the company is loss-making and no dividend yield is available.
Positive Factors
Disease-modifying business model
Allergy Therapeutics' focus on immunotherapy that modifies the immune response represents a durable business model: disease‑modifying treatments can command differentiated clinical value, create higher patient/provider stickiness, and support longer-term treatment protocols versus symptomatic therapies.
Negative Factors
Declining revenue and weak margins
An 11% revenue decline and a deeply negative net margin (‑72.9%) signal structural demand or pricing challenges and poor profitability. Persistently shrinking top line and weak margins erode reinvestment capacity, constrain scale economics, and make sustainable operating leverage difficult to achieve over months.
Read all positive and negative factors
Positive Factors
Negative Factors
Disease-modifying business model
Allergy Therapeutics' focus on immunotherapy that modifies the immune response represents a durable business model: disease‑modifying treatments can command differentiated clinical value, create higher patient/provider stickiness, and support longer-term treatment protocols versus symptomatic therapies.
Read all positive factors

Allergy Therapeutics (AGY) vs. iShares MSCI United Kingdom ETF (EWC)

Allergy Therapeutics Business Overview & Revenue Model

Company Description
Allergy Therapeutics plc is a biotechnology firm dedicated to the research and development of innovative treatments for allergies. The company offers a range of injectable and sublingual immunotherapies specifically targeting allergens, alongside ...
How the Company Makes Money
null...

Allergy Therapeutics Financial Statement Overview

Summary
Very weak fundamentals: declining revenue (-11.01%), heavy losses (net margin -72.91%) with negative EBIT/EBITDA margins, negative operating/free cash flow, and a stressed balance sheet with negative equity and high leverage.
Income Statement
25
Negative
Balance Sheet
30
Negative
Cash Flow
20
Very Negative
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue57.29M55.04M55.20M59.59M72.77M84.33M
Gross Profit23.59M25.13M29.74M32.69M48.95M61.80M
EBITDA-32.73M-29.43M-30.74M-36.24M-8.69M7.61M
Net Income-48.97M-40.13M-40.22M-43.07M-13.78M2.89M
Balance Sheet
Total Assets71.00M67.54M64.83M66.77M72.95M88.09M
Cash, Cash Equivalents and Short-Term Investments10.08M12.79M12.91M14.85M20.52M40.27M
Total Debt26.75M60.09M30.99M35.99M10.53M11.17M
Total Liabilities66.75M95.74M61.12M64.70M35.18M39.55M
Stockholders Equity4.25M-28.19M3.71M2.07M37.77M48.53M
Cash Flow
Free Cash Flow-37.34M-31.98M-35.54M-35.59M-17.17M5.95M
Operating Cash Flow-32.80M-28.72M-32.14M-30.92M-14.11M8.52M
Investing Cash Flow-4.46M-3.15M-1.20M-4.67M-3.06M-2.76M
Financing Cash Flow26.01M32.04M31.43M29.91M-2.64M-2.03M

Allergy Therapeutics Technical Analysis

Technical Analysis Sentiment
Negative
Last Price11.80
Price Trends
50DMA
9.22
Negative
100DMA
10.08
Negative
200DMA
9.89
Negative
Market Momentum
MACD
-0.64
Positive
RSI
33.12
Neutral
STOCH
38.56
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:AGY, the sentiment is Negative. The current price of 11.8 is above the 20-day moving average (MA) of 7.94, above the 50-day MA of 9.22, and above the 200-day MA of 9.89, indicating a bearish trend. The MACD of -0.64 indicates Positive momentum. The RSI at 33.12 is Neutral, neither overbought nor oversold. The STOCH value of 38.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:AGY.

Allergy Therapeutics Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
70
Outperform
£228.89M44.924.46%2.18%20.04%-46.44%
60
Neutral
£80.67M15.257.82%
59
Neutral
£3.22B0.1915.83%4.16%3.84%8.83%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
41
Neutral
£443.28M-7.07409.00%2.94%-32.00%
41
Neutral
£65.24M-4.63121.87%49.81%52.94%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:AGY
Allergy Therapeutics
7.00
-0.95
-11.95%
GB:ANCR
Animalcare
331.50
40.30
13.84%
GB:HIK
Hikma Pharmaceuticals
1,531.00
-373.07
-19.59%
GB:STX
Shield Therapeutics
6.10
3.00
96.77%
GB:VLG
Venture Life
66.50
12.00
22.02%
GB:BXP
Beximco Pharmaceuticals Limited Sponsored GDR RegS
50.00
13.50
36.99%

Allergy Therapeutics Corporate Events

Business Operations and StrategyExecutive/Board ChangesDelistings and Listing Changes
Allergy Therapeutics Links CFO Incentive Award to Share Price and Growth Targets
Positive
Jun 15, 2026
Allergy Therapeutics has granted a new long-term incentive plan award to chief financial officer Shaun Furlong to recognise heightened corporate activity as the company pursues a potential dual primary listing in Hong Kong. The award, structured a...
Business Operations and StrategyProduct-Related Announcements
Allergy Therapeutics Highlights Positive Allergy Trial Data at EAACI 2026
Positive
Jun 12, 2026
Allergy Therapeutics will showcase data from its pollen and food allergy research portfolio at the EAACI Congress 2026 in Istanbul, underscoring its position in allergy immunotherapy. The company plans 15 posters and oral presentations, a symposiu...
Business Operations and StrategyFinancial DisclosuresPrivate Placements and FinancingProduct-Related Announcements
Allergy Therapeutics boosts funding as Grassmuno launch and peanut vaccine advance
Positive
Mar 31, 2026
Allergy Therapeutics reported interim revenues of £36.3 million for the six months to 31 December 2025, up 7% despite phasing out unregistered products in Germany, but swung to an operating loss before RD of £2.5 million as it increased ...
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: Jun 20, 2026