Market Cap 72.35M
Revenue (ttm) 3.50M
Net Income (ttm) -49.23M
EPS (ttm) N/A
PE Ratio 0.00
Forward PE N/A
Profit Margin 0.00%
Debt to Equity Ratio 0.00
Volume 47,300
Avg Vol 71,802
Day's Range N/A - N/A
Shares Out 11.18M
Stochastic %K 21%
Beta 0.44
Analysts Sell
Price Target $16.00

Company Profile

ImageneBio, Inc., a clinical-stage biotechnology company, develops therapeutics for immunological and inflammatory diseases. The company was formerly known as Ikena Oncology, Inc. and changed its name to ImageneBio, Inc. in July 2025. ImageneBio, Inc. is headquartered in San Diego, California.

Industry: Biotechnology
Sector: Healthcare
Phone: 858 345 6265
Address:
12526 High Bluff Drive, Suite 345, San Diego, United States
WallStArb
WallStArb Nov. 25 at 5:19 PM
$IMA exited some more 7.35 - 7.41 - derisking until I confirm the Wedbush reasoning why they expect it to be worth $2 or $25M market cap
0 · Reply
WallStArb
WallStArb Nov. 25 at 2:59 PM
$IMA sold a few I picked up yesterday @ 6.91 for 7.20 - 7.25 will wait to rebuy
1 · Reply
JarvisFlow
JarvisFlow Nov. 25 at 2:04 PM
Wedbush has adjusted their stance on ImageneBio ( $IMA ), setting the rating to Underperform with a target price of 2.
1 · Reply
J7263
J7263 Nov. 25 at 4:43 AM
$IMA no catalysts until q4 2026. Don't forget about the opportunity cost 😬.
1 · Reply
WallStArb
WallStArb Nov. 25 at 3:54 AM
$IMA sold off 9/4/25 because of Sanofi Amlitelimab P3 data, but IMG-007 Shows a Stronger Phase 2A Signal Than Sanofi’s Amlitelimab Among emerging biologics for atopic dermatitis, ImageneBio’s IMG-007 delivered a more impressive Phase 2A efficacy and durability signal than Sanofi’s amlitelimab at a comparable early stage — despite being tested in a much smaller, open-label cohort. While Sanofi’s program benefits from large, randomized datasets, the early-stage comparison favors IMG-007 on EASI-75, speed of response, durability off-treatment, and early tolerability. IMG-007 shows nearly double the EASI-75 response at a comparable Phase 2A timepoint. On a pure Phase 2A comparison, ImageneBio’s IMG-007 demonstrated a more promising efficacy and durability signal than Sanofi’s amlitelimab. If the upcoming Phase 2b data reproduce the Phase 2A profile, IMG-007 could emerge as a differentiated, potentially best-in-class non-depleting OX40 therapy for atopic dermatitis.
0 · Reply
WallStArb
WallStArb Nov. 21 at 6:40 PM
$KLRS i sold about 1/2 last few days $7 area. I am moving some into $IMA for a similar play but its a 9mo time horizon - trades at a nice 40% discount to NET CASH (about $12 a share as of today) - good upside for a big market (Dupixent & IL-4 / IL-13 Biologic is SOC for older - IMG-007 is non-depleting anti-OX40 mAb - less frequent dosing and better tolerability). Good upside and no real need to dilute for cash - downside is that Phase 2B data not expect until Q4 2026. Potential partner catalyst and they submitted protocol amendment for IMG‑007 Phase 2B
0 · Reply
WallStArb
WallStArb Nov. 21 at 6:21 PM
$IMA Valuation Framework (Atopic Dermatitis Only): three scenarios: Base Case (Most Probable) P2b shows clear efficacy improvement vs P2a EASI-75 in 50–65% range at Week 16 Dosing every 4–8 weeks proves viable Safety remains clean Probability of success (P2 → Launch): 35% Peak AD sales: $1.5–2.0B Discount rate: 12–15% Implied Risk-Adjusted NPV: $400–650M Bull Case (Strong P2b Data) EASI-75 ≥ 70% Very strong durability 8–12 week dosing viable Becomes credible mid-tier competitor to Dupixent, Adbry, lebrikizumab Probability of success: 45–50% Peak sales: $2.5–3.5B Risk-Adjusted NPV: $900M$1.6B Bear Case (P2b mixed or underperforms) Assumptions Efficacy modest (EASI-75 < 45%) Duration inconsistent Safety concerns or exposure-limiting AEs PoS: 10–15% Peak sales: ~$800M upper bound Risk-Adjusted NPV: $120–200M
0 · Reply
WallStArb
WallStArb Nov. 21 at 6:12 PM
$IMA Phase 2b (ADAPTIVE) — Why the Setup Looks Strong: The company is implementing a protocol amendment designed to: Optimize dosing Add loading dose(s) Adjust dose intervals based on half-life Enhance patient convenience Expand the therapeutic window This is not a typical amendment — it's a mechanism-driven optimization leveraging the long half-life and prior exposure-response data. If exposure–response analyses continue to support higher early exposure (loading → sustained trough), IMG-007 could produce materially improved efficacy over P2a. Given that derivation, Phase 2b has a good chance of reading out better than P2a on absolute terms.
0 · Reply
WallStArb
WallStArb Nov. 21 at 5:38 PM
$IMA ImageneBio Updates Phase 2b Trial for Atopic Dermatitis In their Q3 2025 10‑Q filing, ImageneBio announced a strategic protocol amendment to the ongoing Phase 2b ADAPTIVE trial of IMG‑007, their differentiated non-depleting anti-OX40 monoclonal antibody for moderate-to-severe atopic dermatitis. Key updates include: Expanded dosing regimens to explore a broader dose/exposure range Incorporation of loading doses to enhance early efficacy Patient-friendly dosing intervals leveraging IMG‑007’s long half-life Optimized trial design to better evaluate both short-term and durable responses Why it matters: Enhances the probability of robust, durable efficacy Further de-risks the program ahead of the Q4 2026 Phase 2b readout This amendment positions IMG‑007 as a potentially differentiated next-generation biologic for AD, with a clear, mechanism-driven strategy to maximize efficacy and patient convenience.
0 · Reply
WallStArb
WallStArb Nov. 21 at 5:35 PM
$IMA accumulated starter position last couple days yesterday 7.15 area and today similar # 6.90 - 7.05. expect a decent Jan/Feb effect as the selling overhang starts to abate after year end (11/30 for most funds) - wouldn't shock me to see a small Santa rally/Jan effect into Feb and looking for $12 - $14 area
0 · Reply
Latest News on IMA
Ikena Oncology Reports Third Quarter 2024 Financial Results

Nov 7, 2024, 8:30 AM EST - 1 year ago

Ikena Oncology Reports Third Quarter 2024 Financial Results


Ikena Oncology Reports Second Quarter 2024 Financial Results

Aug 8, 2024, 4:15 PM EDT - 1 year ago

Ikena Oncology Reports Second Quarter 2024 Financial Results


UPDATE – Ikena Oncology Announces Strategic Update

May 28, 2024, 4:42 PM EDT - 1 year ago

UPDATE – Ikena Oncology Announces Strategic Update


Ikena Oncology Announces Strategic Update

May 28, 2024, 4:15 PM EDT - 1 year ago

Ikena Oncology Announces Strategic Update


Ikena Oncology to Participate in Upcoming Investor Conferences

May 24, 2023, 8:00 AM EDT - 2 years ago

Ikena Oncology to Participate in Upcoming Investor Conferences


Ikena Oncology Announces $40 Million Underwritten Offering

May 15, 2023, 7:45 AM EDT - 2 years ago

Ikena Oncology Announces $40 Million Underwritten Offering


Ikena Oncology Appoints Owen Hughes as Board Chair

Dec 19, 2022, 4:30 PM EST - 3 years ago

Ikena Oncology Appoints Owen Hughes as Board Chair


WallStArb
WallStArb Nov. 25 at 5:19 PM
$IMA exited some more 7.35 - 7.41 - derisking until I confirm the Wedbush reasoning why they expect it to be worth $2 or $25M market cap
0 · Reply
WallStArb
WallStArb Nov. 25 at 2:59 PM
$IMA sold a few I picked up yesterday @ 6.91 for 7.20 - 7.25 will wait to rebuy
1 · Reply
JarvisFlow
JarvisFlow Nov. 25 at 2:04 PM
Wedbush has adjusted their stance on ImageneBio ( $IMA ), setting the rating to Underperform with a target price of 2.
1 · Reply
J7263
J7263 Nov. 25 at 4:43 AM
$IMA no catalysts until q4 2026. Don't forget about the opportunity cost 😬.
1 · Reply
WallStArb
WallStArb Nov. 25 at 3:54 AM
$IMA sold off 9/4/25 because of Sanofi Amlitelimab P3 data, but IMG-007 Shows a Stronger Phase 2A Signal Than Sanofi’s Amlitelimab Among emerging biologics for atopic dermatitis, ImageneBio’s IMG-007 delivered a more impressive Phase 2A efficacy and durability signal than Sanofi’s amlitelimab at a comparable early stage — despite being tested in a much smaller, open-label cohort. While Sanofi’s program benefits from large, randomized datasets, the early-stage comparison favors IMG-007 on EASI-75, speed of response, durability off-treatment, and early tolerability. IMG-007 shows nearly double the EASI-75 response at a comparable Phase 2A timepoint. On a pure Phase 2A comparison, ImageneBio’s IMG-007 demonstrated a more promising efficacy and durability signal than Sanofi’s amlitelimab. If the upcoming Phase 2b data reproduce the Phase 2A profile, IMG-007 could emerge as a differentiated, potentially best-in-class non-depleting OX40 therapy for atopic dermatitis.
0 · Reply
WallStArb
WallStArb Nov. 21 at 6:40 PM
$KLRS i sold about 1/2 last few days $7 area. I am moving some into $IMA for a similar play but its a 9mo time horizon - trades at a nice 40% discount to NET CASH (about $12 a share as of today) - good upside for a big market (Dupixent & IL-4 / IL-13 Biologic is SOC for older - IMG-007 is non-depleting anti-OX40 mAb - less frequent dosing and better tolerability). Good upside and no real need to dilute for cash - downside is that Phase 2B data not expect until Q4 2026. Potential partner catalyst and they submitted protocol amendment for IMG‑007 Phase 2B
0 · Reply
WallStArb
WallStArb Nov. 21 at 6:21 PM
$IMA Valuation Framework (Atopic Dermatitis Only): three scenarios: Base Case (Most Probable) P2b shows clear efficacy improvement vs P2a EASI-75 in 50–65% range at Week 16 Dosing every 4–8 weeks proves viable Safety remains clean Probability of success (P2 → Launch): 35% Peak AD sales: $1.5–2.0B Discount rate: 12–15% Implied Risk-Adjusted NPV: $400–650M Bull Case (Strong P2b Data) EASI-75 ≥ 70% Very strong durability 8–12 week dosing viable Becomes credible mid-tier competitor to Dupixent, Adbry, lebrikizumab Probability of success: 45–50% Peak sales: $2.5–3.5B Risk-Adjusted NPV: $900M$1.6B Bear Case (P2b mixed or underperforms) Assumptions Efficacy modest (EASI-75 < 45%) Duration inconsistent Safety concerns or exposure-limiting AEs PoS: 10–15% Peak sales: ~$800M upper bound Risk-Adjusted NPV: $120–200M
0 · Reply
WallStArb
WallStArb Nov. 21 at 6:12 PM
$IMA Phase 2b (ADAPTIVE) — Why the Setup Looks Strong: The company is implementing a protocol amendment designed to: Optimize dosing Add loading dose(s) Adjust dose intervals based on half-life Enhance patient convenience Expand the therapeutic window This is not a typical amendment — it's a mechanism-driven optimization leveraging the long half-life and prior exposure-response data. If exposure–response analyses continue to support higher early exposure (loading → sustained trough), IMG-007 could produce materially improved efficacy over P2a. Given that derivation, Phase 2b has a good chance of reading out better than P2a on absolute terms.
0 · Reply
WallStArb
WallStArb Nov. 21 at 5:38 PM
$IMA ImageneBio Updates Phase 2b Trial for Atopic Dermatitis In their Q3 2025 10‑Q filing, ImageneBio announced a strategic protocol amendment to the ongoing Phase 2b ADAPTIVE trial of IMG‑007, their differentiated non-depleting anti-OX40 monoclonal antibody for moderate-to-severe atopic dermatitis. Key updates include: Expanded dosing regimens to explore a broader dose/exposure range Incorporation of loading doses to enhance early efficacy Patient-friendly dosing intervals leveraging IMG‑007’s long half-life Optimized trial design to better evaluate both short-term and durable responses Why it matters: Enhances the probability of robust, durable efficacy Further de-risks the program ahead of the Q4 2026 Phase 2b readout This amendment positions IMG‑007 as a potentially differentiated next-generation biologic for AD, with a clear, mechanism-driven strategy to maximize efficacy and patient convenience.
0 · Reply
WallStArb
WallStArb Nov. 21 at 5:35 PM
$IMA accumulated starter position last couple days yesterday 7.15 area and today similar # 6.90 - 7.05. expect a decent Jan/Feb effect as the selling overhang starts to abate after year end (11/30 for most funds) - wouldn't shock me to see a small Santa rally/Jan effect into Feb and looking for $12 - $14 area
0 · Reply
WallStArb
WallStArb Nov. 19 at 8:32 PM
$IMA https://clinicaltrials.gov/study/NCT07037901
0 · Reply
WallStArb
WallStArb Nov. 19 at 8:31 PM
$IMA http://archive.fast-edgar.com/20251119/A72BBQ2EZZ2RKZZU22ZI2ZYRGDMNZZ22Z27G/d834017dex991.htm
0 · Reply
WallStArb
WallStArb Nov. 14 at 7:04 PM
$IMA ImageneBio significant upside optionality tied to its Phase 2b program, IMG‑007, in moderate-to-severe atopic dermatitis. The company has ~$130M in net cash/near-cash, providing a strong runway. Using a probability-weighted, risk-adjusted NPV framework, the pipeline fair value is estimated around $45 per share, well above the current trading price of ~$8. Notably, the current share price is materially below the implied valuation of ~$30/share paid by PIPE investors last winter, despite the broader biotech sector (XBI) being up 50%+ over the same period. This divergence highlights that the market has not yet priced in the pipeline or upcoming Phase 2b readout, expected in 2027, creating potential for substantial upside. Recent PIPE investors—including DeepTrack, Foresite Capital, RTW Investments, BVF Partners, Blue Owl Healthcare Opportunities, Omega Funds, and OrbiMed—participated at a premium to today’s price, signaling strong conviction from specialist biotech capital.
0 · Reply
WallStArb
WallStArb Nov. 14 at 6:48 PM
$IMA Net Cash & Near-Cash: ~$130M (~$10/share), providing a strong financial runway. Pipeline rNPV: Bad outcome (~45% probability) → pipeline ~$0/share Partial outcome (~40% probability) → pipeline ~$70/share Strong outcome (~15% probability) → pipeline ~$112/share Weighted Expected Value: Pipeline contribution ≈ $45/share Add net cash → probability-weighted fair value ≈ $45/share (pre-dilution) Timeline: Topline Phase 2b readout expected in 2027 Current market price (~$8/share) reflects minimal pipeline value Upside Potential: Even after potential dilution (~$75M raise), probability-weighted fair value suggests ~5–6x upside Strong readout could rerate shares toward full risk-adjusted NPV (~$140/share) Institutional Backing: Recent PIPE included specialist biotech investors like DeepTrack, highlighting confidence from experienced, high-conviction biotech capital
0 · Reply
WallStArb
WallStArb Nov. 14 at 6:46 PM
$IMA IMA trades at ~$8/share, largely reflecting its $130M cash ($10 a share), while the Phase 2b IMG‑007 readout isn’t until 2027. Using a probability-weighted rNPV approach, we estimate a fair value around $45/share, reflecting upside from partial or strong efficacy. Notably, the recent PIPE brought in specialist biotech investors including DeepTrack, Foresite Capital, RTW Investments, BVF Partners, Blue Owl Healthcare Opportunities, Omega Funds, and OrbiMed, signaling confidence from experienced, high-conviction capital. For those who follow binary catalysts, this is a classic early-stage biotech optionality play.
0 · Reply
WallStArb
WallStArb Nov. 4 at 3:46 PM
$IMA bought some yesterday 8.20 area
0 · Reply
WallStArb
WallStArb Oct. 28 at 8:21 PM
$IMA been accumulating in the 7.60 -8.20 area
0 · Reply
Livinglifewithlivingston
Livinglifewithlivingston Oct. 28 at 6:47 PM
0 · Reply
BioTechHealthX
BioTechHealthX Oct. 26 at 8:45 AM
$IMA One analyst projects a $276 target for ImageneBio. This company could be the next biotech moonshot. Read the full story here. https://biotechhealthx.com/biotech-news/imagenebio-ima-targets-3634-upside/
0 · Reply
Countercontrarian
Countercontrarian Oct. 25 at 9:23 AM
$IMA long @7.99
0 · Reply
notreload_ai
notreload_ai Oct. 24 at 1:41 PM
Leerink rates $IMA stock Outperform with $30 target, calling it "undervalued." https://notreload.xyz/imagenebio-analysts-see-massive-upside/
0 · Reply
resistancebreakers
resistancebreakers Oct. 24 at 12:24 PM
$IMA 🖥️ing 🪖🫡☝️
0 · Reply