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INO

INO

Inovio Pharmaceuticals, Inc.
$1.01
+1.00% Oct 20 close
Healthcare
-73%-51%-28%-5%+17%Oct 2025Oct 2026Apr 2026
INOSPY
1W
+1.0%
1M
-18.5%
3M
-8.2%
6M
-10.6%
YTD
-42.0%
1Y
-59.1%

Live chart

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What they do

Inovio Pharmaceuticals, Inc., a biotechnology company, focuses on the discovery, development, and commercialization of DNA medicines to treat and protect people from diseases associated with human papillomavirus (HPV), cancer, and infectious diseases. Its DNA medicines platform uses SynCon, to help engineer precisely designed plasmid DNA plasmids, as well as CELLECTRA smart devices technology that facilitates delivery of the DNA plasmids.

Healthcare · Biotechnology

For information only · Important disclosures

Grades vs sector

No sector grades for INO yet. Grades rank S&P 1500 stocks within their sector and refresh after each daily data run, so a stock outside that index or newly covered has none.

Our models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
Outside this model's universe or screens
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
Coteau Long Book
Not in the current book

News

More news
INOVIO Announces Favorable Judgment in Litigation with VGXI, Inc. and GeneOne Life Science
PR Newswire · 22h ago

Key stats

Market value$104.4M
P/E (next 12 months, estimated)-2.3
52-week range$0.56 – $2.72
Dividend yieldNo dividend
Analyst consensusBuy (3)
Average analyst price target$3.17 (+214%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
No cash-flow valuation
Model read-out from the numbers below, not advice. Score -1 (DCF counts double).
▼Piotroski F-score0/9
▼Altman Z-56.1 (distress)
▲Analyst target+214% (3 analysts)

Discounted cash flow

Trailing free cash flow is negative or missing, so a cash-flow DCF isn't meaningful by default. You can enter your own assumptions below.
Reverse DCFfor context, not a signal
Trailing free cash flow is zero or negative, so there's no growth rate to solve for. The price is betting on a turnaround to positive cash flow.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.61 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs sector

Forward EPS $-0.44 vs trailing $-0.90. Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin
–
Operating margin
–
FCF margin
–
Net margin
–
Return on equity
-1542.6%
Return on invested capital
-205.6%
Net debt / EBITDA
–
Current ratio
1.0×
Interest cover
–
Cash conversion (OCF/NI)
–
Piotroski F-score 0/9 · last two fiscal years
✗ Positive net income✗ Positive operating cash flow✗ Return on assets improved✗ Cash flow above net income✗ Long-term debt / assets fell✗ Current ratio improved✗ No share dilution✗ Gross margin improved✗ Asset turnover improved

Altman Z-score -56.1 (distress zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target
$3
+214%
Analysts
3
Buy
Range
$2–$4
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2025$65.3K$-84.9M$-88.9M
2024$217.8K$-107.3M$-104.6M
2023$832.0K$-135.1M$-124.7M
2022$10.3M$-279.8M$-217.2M
2021$1.8M$-303.7M$-216.9M
2020$7.4M$-166.4M$-179.5M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR -81.5%.

Earnings

Next report: 2026-11-10 · during market · EPS est -0.19
24-1125-0325-0525-0825-1126-0326-0526-08-1.130.00
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-08-12-0.24-0.24+0.6%
2026-05-13-0.33-0.31+4.7%
2026-03-12-0.34-0.28+19.6%
2025-11-10-0.48-0.87-82.8%
2025-08-12-0.62-0.61+1.3%
2025-05-13-0.74-0.51+31.1%
2025-03-18-0.83-0.60+27.9%
2024-11-14-1.13-0.89+21.4%

Quarterly revenue

QuarterRevenueYoY
2026-06-30$0–
2026-03-31$0–
2025-12-31$0–
2025-09-30$0–
2025-06-30$0–
Analyst actions
Jefferies
2026-08-13 · up
Hold → Buy
PT $3
Piper Sandler
2026-08-03 · reit
Overweight → Overweight
PT $4
HC Wainwright & Co.
2026-06-01 · main
Neutral → Neutral
PT $2
Piper Sandler
2025-11-14 · reit
Overweight → Overweight
PT $6
HC Wainwright & Co.
2025-08-14 · reit
Neutral → Neutral
PT $3
Piper Sandler
2025-07-09 · init
→ Overweight
PT $5

Stats refreshed 2026-10-21 01:31:46 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

COTEAU

Independent research · Not investment advice · Important disclosures · Contact desk@coteau.app

Coteau Systematic Strategies publishes stock research and model portfolios. Results are hypothetical unless marked Live. Data: Yahoo Finance (15-min delayed), SEC EDGAR and the House Clerk.

Beta 0.9 · Oct 21, 2026