Innate Pharma S.A. logo

Innate Pharma S.A.

IPHA

NASDAQHealthcareBiotechnology

Latest quote

$2.27

+$0.17 · +8.13%

Aug 21, 3:55 PM ET

IPHA company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

19

Overpriced

Momentum

43

Neutral

Sentiment

42

Mixed

Risk resilience

48

Elevated Risk

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Company profile

Company website

Innate Pharma S.A. is a biotechnology firm, founded in 1999 and headquartered in Marseille, France, that specializes in the discovery, development, and market introduction of therapeutic antibodies. The company primarily targets oncology indications across France and internationally, with some programs also addressing inflammatory diseases and viral infections. Its clinical-stage pipeline features several key assets: Lacutamab (IPH4102): An anti-KIR3DL2 antibody undergoing Phase II trials for cutaneous T-cell and peripheral T-cell lymphoma, and also for refractory Sézary syndrome. Monalizumab: An immune checkpoint inhibitor currently in Phase III clinical trials for various advanced solid tumors, including colorectal, lung, and head and neck cancers. Avdoralimab (IPH5401): A monoclonal antibody designed to block C5a binding to C5aR1, which is in Phase II development for COVID-19, bullous pemphigoid, chronic spontaneous urticaria, and other inflammatory conditions. IPH5201: A blocking antibody in Phase I trials, focused on the CD39 immunosuppressive pathway. IPH5301: An anti-CD73 antibody developed to enhance anti-tumor immunity by targeting the immunosuppressive adenosine pathway. IPH6101: An NKp46-based NK cell engager being evaluated for the generation of up to two bispecific NK cell engagers. Innate Pharma also maintains an active preclinical pipeline, including IPH43 (an anti-MICA/B antibody drug conjugate), an Anti-Siglec-9 antibody program, IPH65 (a proprietary tetraspecific antibody), IPH25 (a checkpoint inhibitor), and the IPH62 and IPH64 programs. The company has established strategic licensing and collaboration agreements with major industry players such as AstraZeneca, Novo Nordisk A/S, Sanofi, and Orega Biotech, alongside a co-development and license agreement with MedImmune Limited.

Industry
Biotechnology
Sector
Healthcare
Headquarters
FR
CEO
Jonathan E. Dickinson
Listed since
Oct 17, 2019
Employees
163

Market position

Volume
44.36K
0.31× average
Average volume
142.04K
Average daily volume
Market cap
212.22M USD
Beta
0.88
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
127.66M EUR
P/E (TTM)
-3.47×
P/B (TTM)
-8.04×
P/S (TTM)
64.29×
EV / EBITDA
-2.92×
Earnings yield
-36.93%
Free cash flow yield
-26.21%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
100.00%
Operating margin
-2058.02%
Net margin
-1764.51%
Return on equity
226.68%
Return on assets
-78.44%
Return on invested capital
-153.25%

Financial health

Debt / equity
-1.04×
Current ratio
1.27×
Altman Z-score
-13.56
Piotroski F-score
2 of 9

Earnings

EPS beat rate
27%
3 beats, 8 misses, 0 met estimates
Average EPS surprise
-106.09%
11 comparable reports
Latest EPS result
-0.35
Estimate -0.35 · Beat by 0.83%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.16-0.21-0.58-0.96Q1 '23MissQ3 '23MissQ2 '24BeatQ4 '24MissQ2 '25MissQ4 '25BeatQ2 '26BeatQ3 '26Estimate
Q1 2023, reported Mar 23, 2023: actual -0.88, estimate -0.405, surprise -117.19%, Miss. Q3 2023, reported Sep 14, 2023: actual 0.021, estimate 0.086, surprise -75.15%, Miss. Q2 2024, reported May 14, 2024: actual -0.13, estimate -0.436, surprise +70.14%, Beat. Q4 2024, reported Nov 13, 2024: actual -0.342, estimate -0.3, surprise -13.99%, Miss. Q2 2025, reported May 13, 2025: actual -0.346, estimate -0.267, surprise -29.53%, Miss. Q4 2025, reported Nov 13, 2025: actual -0.296, estimate -0.328, surprise +9.80%, Beat. Q2 2026, reported May 13, 2026: actual -0.346, estimate -0.349, surprise +0.83%, Beat. Q3 2026, reported Sep 17, 2026: actual —, estimate -0.347, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates73.85M49.89M25.93M1.97MQ1 '23MissQ3 '23MissQ2 '24BeatQ4 '24BeatQ2 '25MissQ4 '25BeatQ2 '26MissQ3 '26Estimate
Q1 2023, reported Mar 23, 2023: actual 13.18M USD, estimate 18.05M USD, surprise -26.98%, Miss. Q3 2023, reported Sep 14, 2023: actual 42.87M USD, estimate 68.55M USD, surprise -37.46%, Miss. Q2 2024, reported May 14, 2024: actual 23.24M USD, estimate 18.15M USD, surprise +28.04%, Beat. Q4 2024, reported Nov 13, 2024: actual 13.63M USD, estimate 13.3M USD, surprise +2.50%, Beat. Q2 2025, reported May 13, 2025: actual 8.67M USD, estimate 18.24M USD, surprise -52.48%, Miss. Q4 2025, reported Nov 13, 2025: actual 5.76M USD, estimate 2.32M USD, surprise +148.16%, Beat. Q2 2026, reported May 13, 2026: actual 4.78M USD, estimate 5.7M USD, surprise -16.11%, Miss. Q3 2026, reported Sep 17, 2026: actual —, estimate 5.81M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$6.67

195.13% upside
Past 12 months12-month forecast

Price history unavailable

High $9.00Average $6.67Low $4.00

Rating distribution

6 ratings
Strong buy00%
Buy467%
Hold233%
Sell00%
Strong sell00%

Recent analyst actions

3 institutions
Leerink PartnersdowngradeOutperformMarket Perform

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