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51

IMCR

๐Ÿฅ Healthcare

Immunocore Holdings plc

Conservative #548Aggressive #440Low RiskHigh 87
$31.80-1.12%
Day High$32.60
Day Low$30.52
Volume0.1M
Mkt Cap$1.6B
52W Low $2352W High $41
Market Cap
$1.6B
P/E Ratio
N/A
Rev Growth
-0.7%
Sector avg: 161.5%
Earnings Growth
26.2%
Profit Margin
-7.4%
Sector avg: -3292.7%
Debt/Equity
0.11

Why This Score

IMCR scores 52.9 on the Conservative profile, blending a fundamental score (80% weight, emphasizing quality and stability (84% of fundamental weight)) with a machine-learning signal (20% weight) trained on 82 features across 30 years of data.

Strengths
  • High conviction (87/100) โ€” fundamental and ML signals agree on this stock.
Risk Factors
  • Liquidity concern: Limited trading volume or float results in a 2-point penalty for execution risk.
  • Signal divergence: Fundamental and ML signals disagree by a significant margin, reducing confidence.
  • Above-average volatility (11.1%) may not suit conservative risk tolerance.

Moderate penalties (-4.1 points) reflect identified risk factors. The overall score balances these against the stock's fundamental strengths.

Score Breakdown

Overall Score52.9
Fundamental Score47.2
ML Score76.0

Score by Horizon

3 Month
71.7
6 Month
80.2
Primary
1 Year
84.4

Quality Assessment

B
Earnings Grade
Solid fundamentals with minor quality concerns
Quality Flags
Pipeline concentration: $1.6B biotech/pharma โ€” likely single-product revenue with binary risk

Position Sizing

Suggested Allocation
5%
Confidence
high

Score Composition Waterfall

How each component affects the final score
Backtested Scoring Levers (IC-calibrated from 30y ElasticNet)
Weinstein (12.1%)
0
Declining
Sentiment (2.5%)
43
Neutral
Analyst (6.4%)
50
Neutral
Tradability (post-hoc)
71
Grade B
Base
51.0
SHAP
+1.0
Factors
+1.4
Conviction
+1.6
Divergence
-2.1
Final
52.9
Positive adjustment
Negative adjustment
Base blend
Final score

Signal SegmentsComputed from ML features

Fundamental (Valuation, Quality, Growth)56.0
Technical (Momentum, Weinstein, Volatility)70.0
External (Sentiment, Analyst, Macro)61.0
Scores below 50 indicate weakness in that segment relative to the universe.

Data Quality

Score
Features
Confidence
Feature Coverage89%

Growth Estimates

Short-term
+6.6% to +12.2%
Medium-term
+9.9% to +18.3%
Long-term
+14.9% to +26.4%

ML Model Core Features100 trained inputs โ†’ ML Score: 76

These features are direct inputs to the machine learning model. The model was trained on these signals alongside 100 features (including 12 momentum/technical indicators) to produce the ML percentile score.

Analyst Intelligence
Consensus Score50.0/100
Target Upside+0.0%
Coverage0 analysts
Market Sentiment
Sentiment Score42.5/100
News Volume1 articles
Technical Stage
Weinstein Stage4 โ€” Declining
12M Momentum+0.1%
6M Momentum+0.0%
Volatility+0.1%
Momentum & Technical
Momentum Acceleration+9.7%
Momentum ConsistencyWeak (0.02)
Relative Strength vs Sector-14.5%
Trend Strength (ADX Proxy)Weak (0.9)
Momentum Quality+0.081
Momentum BreadthBroad โœ“
Macro Regime
Bull RegimeYes
High Vol RegimeNo
S&P 500 Return+25.0%
Yield Curve-0.1bp

Sector-Relative AnalysisIn-model features

Value Trap Signal
11%
Low risk
Sector RevGr Rank
P17
Revenue growth vs Healthcare peers
Sector PE Rank
P22
Valuation vs Healthcare peers
Sector FCF Rank
P60
Free cash flow vs Healthcare peers
Growth Deviation
-0.0ฯƒ
Z-score vs sector median
Stagnation Flag
NO
Not flagged

Analysis Signals

Scoring Factors
Fundamental score of 74 relative to sector peers74/100
Machine learning model ranks this stock at the 86th percentileP86
ML model weight reduced to 9% due to macro conditions: market in extended rally phase; yield curve inverted (recession indicator); late-cycle economic indicators detected9% ML weight
SHAP feature alignment: +1.2pt (features align with model priorities)โ€”
Blend: 91% fund (73.9) + 9% ML (83.0) + SHAP(+1.2) = 75.9โ€”
Factor quality: +1.7pt (multi-factor composite)โ€”
Risk assessment: low. Annualized volatility 11.1%. Max drawdown 18% (-4.1 pts)Low
Market cap adjustment: -8.0 points ($1.6B market cap)-8.0 pts
Conviction bonus: +2.0pt (conviction=87)โ€”
Risk Factors
Earnings quality grade B: adequate earnings quality with minor concerns. Score adjusted by -10 pointsGrade B
Quality concern: High accrual ratio (127.6%) โ€” earnings quality concern; Pipeline concentration: $1.6B biotech/pharma โ€” likely single-product revenue with binary riskFlag

Sector Peer Comparison(Healthcare โ€” Rank #75 of 344 stocks)

StockScoreP/ERev GrowthMarginMkt Cap
IMCR52.9N/A-0.7%-7.4%$1.6B
INCY89.915.821.2%25.0%$19.6B
GMAB86.113.122.8%36.4%$17.9B
CPRX83.713.723.5%37.6%$3.0B
EXEL78.315.17.0%33.7%$11.9B
ASND78.216.698.0%-31.7%$13.8B
VRTX78.232.18.9%32.9%$121.8B
NBIX75.126.521.4%16.7%$13.1B
RPRX75.025.15.1%32.4%$19.3B
HOLX74.831.11.7%13.8%$16.8B
AMGN74.226.010.0%21.0%$204.8B
ARGX73.735.178.6%38.0%$47.4B
REGN73.019.41.0%31.4%$80.2B
ALKS72.916.5-6.4%23.9%$5.0B
ISRG72.761.720.5%28.4%$180.9B
KRYS71.541.4473.0%30.7%$7.9B
Sector Average36.441.9161.5%-3292.7%โ€”

Market Sentimentvia FMP

Analyst Consensus
Buy14 analysts
Buy: 10Hold: 4
Price Target
$47consensus
Low $36Median $47High $60
+48.6% to consensus target

Company Overviewvia FMP

Immunocore Holdings plc, a commercial-stage biotechnology company, engages in the development of immunotherapies for the treatment of cancer, infectious, and autoimmune diseases. The company offers KIMMTRAK for the treatment of patients with unresectable or metastatic uveal melanoma. Its other programs for oncology comprise IMC-C103C that is in Phase I/II dose escalation trial in patients with solid tumor cancers, including non-small-cell lung (NSCLC), gastric, head and neck, ovarian, and synovial sarcoma cancers; IMC-F106C, which is in a Phase I/II dose escalation trial in patients with multiple solid tumor cancers comprising NSCLC, small-cell lung, endometrial, ovarian, cutaneous melanoma, and breast cancers. In addition, the company's programs for infectious diseases include IMC-I109V, which is in a Phase I/II clinical trial in patients with chronic hepatitis B virus; and IMC-M113V that is in pre-clinical development stage for patients with human immunosuppression virus. Further, it develops product candidates to provide precision targeted immunosuppression for the treatment of autoimmune diseases. Immunocore Holdings plc was founded in 1999 and is headquartered in Abingdon, the United Kingdom.

CEO
Bahija Jallal
Employees
493
Beta
0.78
Industry
Biotechnology
FMP-Identified Peers

Technical Picturecomputed from daily prices

RSI (14)
51.9
Neutral
Trend
Bearish
10-day vs 50-day MA
From 52W High
-23.2%
High: $40.71
From 52W Low
+35.1%
Low: $23.15
Moving Averages
10-Day
$32.50
Below
20-Day
$32.40
Below
50-Day
$33.70
Below
200-Day
$34.10
Below
60-Day Support
$30.52
60-Day Resistance
$40.71
Weinstein Stage Analysisbased on 200-day SMA framework
Stage 4 โ€” DecliningScore: 23/100

Stock is in a downtrend below the 200-day moving average. Price is below both the 50-day and 200-day SMAs, indicating sustained selling pressure.

Unfavorable technical position; wait for Stage 1 basing
Price vs 200 SMA
-8.3%
200 SMA Slope (60d)
+4.78%
Rising
Volume Ratio
0.79x
10d avg vs 50d avg
Days in Stage
21
Confidence: 40%

Financial Statementslast 4 quarters via FMP

MetricQ4 2025Q3 2025Q2 2025Q1 2025
Revenue$104M$104M$98M$94M
Gross Profit$102M$103M$97M$93M
Operating Income$-20M$-7M$-15M$-4M
Net Income$-31M$785,000$-10M$5M
EPS (Diluted)$-0.61$0.02$-0.21$0.10
Gross Margin97.4%99.5%98.9%99.1%
Operating Margin-18.8%-6.9%-15.2%-3.9%
Net Margin-29.7%0.8%-10.5%5.4%

Why This Stock

Healthcare

Tradability FilterGrade B โ€” 71/100Score impact: -28.8pt

Volume
70
397K avg/day
Dollar Vol
66
$13M/day
Float
80
50M shares
Mkt Cap
53
$1.6B
Range
98
76% spread
Composite Liquidity Score71/100
FDCBA

Multi-Year Range Analysis

Sideways: 0/100
YearLowHighRangeStatus
2021$26.03$51.4965.7%Wide
2022$18.43$69.06115.7%Wide
2023$42.21$70.9850.8%Wide
2024$27.69$76.9894.2%Wide
2025$23.15$40.7155%Wide
3-Year Range
107.5%
Narrow Years
0 / 5
Sideways Penalty
None

Growth Projection Adjustment

0.7x dampening
slight revenue decline

Growth estimates have been dampened based on technical and fundamental signals. This is a post-hoc adjustment to prevent overly optimistic projections for stocks showing declining momentum or deteriorating fundamentals.

Free Float
99.1%
Outstanding Shares
50M
Bid-Ask Spread
76.0%
Institutional Tradable
Yes

Scores are generated by a multi-stage ML pipeline combining fundamental analysis, ensemble predictions, and structural risk signals. All data is for research purposes only and does not constitute financial advice. Past performance does not guarantee future results.