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Immucell Corp. /DE/ (ICCC) Stock Fundamental Analysis & AI Rating 2026

ICCC Nasdaq In Vitro & In Vivo Diagnostic Substances DE CIK: 0000811641
Updated This Month • Analysis: May 15, 2026 • SEC Data: 2026-03-31
Combined AI Rating
BUY
73% Confidence
STRONG AGREEMENT
BUY
78% Conf
BUY
68% Conf

📊 ICCC Key Takeaways

Revenue: $10.4M
Net Margin: 18.7%
Free Cash Flow: $3.4M
Current Ratio: 4.82x
Debt/Equity: 0.30x
EPS: $0.21
AI Rating: BUY with 78% confidence
Immucell Corp. /DE/ (ICCC) receives a BUY rating with 73% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $10.4M, net profit margin of 18.7%, and return on equity (ROE) of 6.7%, Immucell Corp. /DE/ demonstrates strong fundamentals in the Healthcare sector. Below is our complete ICCC stock analysis for 2026.

Is Immucell Corp. /DE/ (ICCC) a Good Investment?

Claude

ImmuCell demonstrates exceptional financial health with 45% gross margins, 19% operating margins, and strong free cash flow conversion (32.8% FCF margin), supported by conservative leverage (0.30x D/E) and fortress-like liquidity (4.82x current ratio). However, modest revenue growth of 4.3% YoY and low capital returns (6.7% ROE, 4.4% ROA) limit upside potential, suggesting a stable, profitable business lacking significant growth momentum.

ChatGPT

ImmuCell’s fundamentals are improving: positive operating income and free cash flow with a solid 41% gross margin and strong liquidity indicate a healthier core business despite a small GAAP loss. Moderate leverage and adequate interest coverage provide runway for scaling; sustaining revenue growth and operating leverage should tip results to consistent profitability.

Why Buy Immucell Corp. /DE/ Stock? ICCC Key Strengths

Claude
  • + Exceptional profitability margins (45% gross, 19% operating, 18.7% net) indicating pricing power and operational efficiency
  • + Outstanding balance sheet with 4.82x current ratio and 0.30x debt-to-equity providing substantial financial flexibility
  • + Strong free cash flow generation ($3.4M FCF, 32.8% FCF margin) with minimal capital intensity ($177.2K CapEx)
ChatGPT
  • + Strong liquidity (4.26x current, 1.93x quick)
  • + Positive free cash flow (4.4% margin) and operating income
  • + Healthy gross margin (41.4%) with moderate leverage (0.34x D/E)

ICCC Stock Risks: Immucell Corp. /DE/ Investment Risks

Claude
  • ! Anemic revenue growth of 4.3% YoY is concerning for a diagnostic/biotech company needing scale
  • ! Low return on equity (6.7%) and return on assets (4.4%) suggest inefficient capital deployment or underutilization of asset base
  • ! Small absolute revenue base ($10.4M) limits ability to fund R&D, market expansion, or acquisitions necessary for competitive positioning
ChatGPT
  • ! Net losses persist (net margin -3.8%) hurting ROE/ROA
  • ! Modest revenue growth (+4.3% YoY) may limit scale benefits
  • ! Interest coverage only 3.8x; margins sensitive to cost/volume

Key Metrics to Watch

Claude
  • * Revenue growth acceleration and year-over-year trends in top-line
  • * Free cash flow sustainability and capital allocation decisions
  • * Return on equity and asset efficiency improvements
ChatGPT
  • * Operating margin and sustained FCF generation
  • * Revenue growth pace and gross margin stability

Immucell Corp. /DE/ (ICCC) Financial Metrics & Key Ratios

Revenue
$10.4M
Net Income
$1.9M
EPS (Diluted)
$0.21
Free Cash Flow
$3.4M
Total Assets
$44.1M
Cash Position
$6.8M

💡 AI Analyst Insight

The 32.8% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 4.82x current ratio provides a solid financial cushion.

ICCC Profit Margin, ROE & Profitability Analysis

Gross Margin 45.0%
Operating Margin 19.0%
Net Margin 18.7%
ROE 6.7%
ROA 4.4%
FCF Margin 32.8%

ICCC vs Healthcare Sector: How Immucell Corp. /DE/ Compares

How Immucell Corp. /DE/ compares to Healthcare sector averages

Net Margin
ICCC 18.7%
vs
Sector Avg 12.0%
ICCC Sector
ROE
ICCC 6.7%
vs
Sector Avg 15.0%
ICCC Sector
Current Ratio
ICCC 4.8x
vs
Sector Avg 2.0x
ICCC Sector
Debt/Equity
ICCC 0.3x
vs
Sector Avg 0.6x
ICCC Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Immucell Corp. /DE/ Stock Overvalued? ICCC Valuation Analysis 2026

Based on fundamental analysis, Immucell Corp. /DE/ has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
6.7%
Sector avg: 15%
Net Profit Margin
18.7%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.30x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Immucell Corp. /DE/ Balance Sheet: ICCC Debt, Cash & Liquidity

Current Ratio
4.82x
Quick Ratio
2.60x
Debt/Equity
0.30x
Debt/Assets
33.9%
Interest Coverage
4.55x
Long-term Debt
$8.7M

ICCC Revenue & Earnings Growth: 5-Year Financial Trend

ICCC 5-year financial data: Year 2023: Revenue $18.6M, Net Income -$2.5M, EPS $-0.32. Year 2025: Revenue $27.6M, Net Income -$2.2M, EPS $-0.26.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Immucell Corp. /DE/'s revenue has grown significantly by 49% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.26 indicates the company is currently unprofitable.

ICCC Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
32.8%
Free cash flow / Revenue

ICCC Quarterly Earnings & Performance

Quarterly financial performance data for Immucell Corp. /DE/ including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $8.1M $1.4M $0.16
Q3 2025 $5.5M -$139.7K $-0.02
Q3 2023 $4.8M -$655.1K $-0.08
Q3 2022 $4.8M $147.8K $-0.02
Q2 2018 $1.7M -$218.4K $-0.05
Q1 2018 $2.9M -$168.1K $-0.04

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Immucell Corp. /DE/ Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$3.6M
Cash generated from operations
Capital Expenditures
$177.2K
Investment in assets
Dividends
None
No dividend program

ICCC SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Immucell Corp. /DE/ (CIK: 0000811641)

📋 Recent SEC Filings

Date Form Document Action
May 14, 2026 8-K iccc20260512_8k.htm View →
May 14, 2026 10-Q iccc20260331_10q.htm View →
May 13, 2026 10-K/A iccc20251231_10ka.htm View →
May 8, 2026 8-K iccc20260508_8k.htm View →
Apr 24, 2026 DEF 14A iccc20260420_def14a.htm View →

Frequently Asked Questions about ICCC

What is the AI rating for ICCC?

Immucell Corp. /DE/ (ICCC) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 73% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are ICCC's key strengths?

Claude: Exceptional profitability margins (45% gross, 19% operating, 18.7% net) indicating pricing power and operational efficiency. Outstanding balance sheet with 4.82x current ratio and 0.30x debt-to-equity providing substantial financial flexibility. ChatGPT: Strong liquidity (4.26x current, 1.93x quick). Positive free cash flow (4.4% margin) and operating income.

What are the risks of investing in ICCC?

Claude: Anemic revenue growth of 4.3% YoY is concerning for a diagnostic/biotech company needing scale. Low return on equity (6.7%) and return on assets (4.4%) suggest inefficient capital deployment or underutilization of asset base. ChatGPT: Net losses persist (net margin -3.8%) hurting ROE/ROA. Modest revenue growth (+4.3% YoY) may limit scale benefits.

What is ICCC's revenue and growth?

Immucell Corp. /DE/ reported revenue of $10.4M.

Does ICCC pay dividends?

Immucell Corp. /DE/ does not currently pay dividends.

Where can I find ICCC SEC filings?

Official SEC filings for Immucell Corp. /DE/ (CIK: 0000811641) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ICCC's EPS?

Immucell Corp. /DE/ has a diluted EPS of $0.21.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is ICCC a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Immucell Corp. /DE/ has a BUY rating with 73% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is ICCC stock overvalued or undervalued?

Valuation metrics for ICCC: ROE of 6.7% (sector avg: 15%), net margin of 18.7% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy ICCC stock in 2026?

Our dual AI analysis gives Immucell Corp. /DE/ a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is ICCC's free cash flow?

Immucell Corp. /DE/'s operating cash flow is $3.6M, with capital expenditures of $177.2K. FCF margin is 32.8%.

How does ICCC compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin 18.7% (avg: 12%), ROE 6.7% (avg: 15%), current ratio 4.82 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 15, 2026 | Data as of: 2026-03-31 | Powered by Claude AI