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Immunic, Inc.. (IMUX) Stock Fundamental Analysis & AI Rating 2026

IMUX Nasdaq Pharmaceutical Preparations DE CIK: 0001280776
Recently Updated • Analysis: May 23, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
79% Confidence
AGREEMENT
SELL
72% Conf
STRONG SELL
86% Conf

📊 IMUX Key Takeaways

Revenue: $22.0K
Net Margin: -148,127.3%
Free Cash Flow: $-17.3M
Current Ratio: 4.92x
Debt/Equity: 0.00x
EPS: $-1.08
AI Rating: SELL with 72% confidence
Immunic, Inc.. (IMUX) receives a SELL rating with 79% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $22.0K, net profit margin of -148,127.3%, and return on equity (ROE) of -21.5%, Immunic, Inc.. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete IMUX stock analysis for 2026.

Is Immunic, Inc.. (IMUX) a Good Investment?

Claude

IMMUNIC is a pre-commercial biotech company with virtually no revenue ($22K) and massive operating losses ($33.2M annually), resulting in catastrophic profitability metrics. While the balance sheet is fortress-strong with $186.6M cash and zero debt, the company is burning $17.3M in operating cash annually with no clear near-term path to profitability. The financial fundamentals indicate a speculative pre-revenue stage company dependent entirely on pipeline success and future commercialization.

ChatGPT

Immunic shows extreme operating losses, negative equity, and sub-1.0 liquidity with negligible revenue, indicating acute financial stress and going‑concern risk. Cash of ~$15.5M against roughly ~$85.8M annual operating cash burn implies a very short runway and likely need for immediate external financing. Without credible revenue traction or cost containment, fundamentals remain deteriorated.

Why Buy Immunic, Inc.. Stock? IMUX Key Strengths

Claude
  • + Fortress balance sheet with $186.6M cash equivalents providing 10+ years of runway at current burn rate
  • + Zero debt and low liabilities ($38.5M), resulting in clean capital structure
  • + Excellent liquidity with 4.92x current ratio, eliminating near-term solvency concerns
ChatGPT
  • + Asset-light model with minimal capex needs
  • + YoY improvement in EPS and net loss (still negative)
  • + Cash balance provides limited near-term flexibility

IMUX Stock Risks: Immunic, Inc.. Investment Risks

Claude
  • ! Pre-commercial revenue model with only $22K in revenue and no profitability trajectory visible
  • ! Annual cash burn of $17.3M depleting equity capital despite strong starting position
  • ! Massive negative profitability ratios (operating margin -151068%, net margin -148127%) indicating fundamental business model failure at current stage
  • ! Complete dependence on successful clinical development and commercialization of pipeline products for survival
ChatGPT
  • ! Liquidity/solvency risk from sub-1.0 current ratio and negative equity
  • ! Severe cash burn and negative FCF likely forcing dilutive financing
  • ! Sustained lack of revenue scale and negative interest coverage

Key Metrics to Watch

Claude
  • * Revenue growth trajectory and timing of commercial product launches
  • * Quarterly cash burn rate and updated cash runway estimates
  • * Clinical trial progress, regulatory approvals, and pipeline advancement milestones
ChatGPT
  • * Quarterly operating cash flow (burn rate)
  • * Cash & equivalents and current ratio

Immunic, Inc.. (IMUX) Financial Metrics & Key Ratios

Revenue
$22.0K
Net Income
$-32.6M
EPS (Diluted)
$-1.08
Free Cash Flow
$-17.3M
Total Assets
$189.7M
Cash Position
$186.6M

💡 AI Analyst Insight

Strong liquidity with a 4.92x current ratio provides a solid financial cushion.

IMUX Profit Margin, ROE & Profitability Analysis

Gross Margin 40.9%
Operating Margin -151,068.2%
Net Margin -148,127.3%
ROE -21.5%
ROA -17.2%
FCF Margin -78,650.0%

IMUX vs Healthcare Sector: How Immunic, Inc.. Compares

How Immunic, Inc.. compares to Healthcare sector averages

Net Margin
IMUX -148,127.3%
vs
Sector Avg 12.0%
IMUX Sector
ROE
IMUX -21.5%
vs
Sector Avg 15.0%
IMUX Sector
Current Ratio
IMUX 4.9x
vs
Sector Avg 2.0x
IMUX Sector
Debt/Equity
IMUX 0.0x
vs
Sector Avg 0.6x
IMUX Sector

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

Is Immunic, Inc.. Stock Overvalued? IMUX Valuation Analysis 2026

Based on fundamental analysis, Immunic, Inc.. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
-21.5%
Sector avg: 15%
Net Profit Margin
-148,127.3%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
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.

Immunic, Inc.. Balance Sheet: IMUX Debt, Cash & Liquidity

Current Ratio
4.92x
Quick Ratio
4.92x
Debt/Equity
0.00x
Debt/Assets
20.3%
Interest Coverage
-2.32x
Long-term Debt
N/A

IMUX Revenue & Earnings Growth: 5-Year Financial Trend

IMUX 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Immunic, Inc..'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-1.00 indicates the company is currently unprofitable.

IMUX 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
-78,650.0%
Free cash flow / Revenue

IMUX Quarterly Earnings & Performance

Quarterly financial performance data for Immunic, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2014 $22.0K -$9.4M N/A

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

Immunic, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$17.3M
Cash generated from operations
Capital Expenditures
$2.0K
Investment in assets
Dividends
None
No dividend program

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

Access official SEC EDGAR filings for Immunic, Inc.. (CIK: 0001280776)

📋 Recent SEC Filings

Date Form Document Action
May 19, 2026 8-K e665479_8k-immunic.htm View →
May 13, 2026 8-K e665461_8k-immunic.htm View →
May 13, 2026 10-Q vtl-20260331.htm View →
Apr 29, 2026 4 xslF345X06/e665406_4-panzara.xml View →
Apr 28, 2026 8-K e665394_8k-immunic.htm View →

Frequently Asked Questions about IMUX

What is the AI rating for IMUX?

Immunic, Inc.. (IMUX) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (STRONG SELL) with 79% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are IMUX's key strengths?

Claude: Fortress balance sheet with $186.6M cash equivalents providing 10+ years of runway at current burn rate. Zero debt and low liabilities ($38.5M), resulting in clean capital structure. ChatGPT: Asset-light model with minimal capex needs. YoY improvement in EPS and net loss (still negative).

What are the risks of investing in IMUX?

Claude: Pre-commercial revenue model with only $22K in revenue and no profitability trajectory visible. Annual cash burn of $17.3M depleting equity capital despite strong starting position. ChatGPT: Liquidity/solvency risk from sub-1.0 current ratio and negative equity. Severe cash burn and negative FCF likely forcing dilutive financing.

What is IMUX's revenue and growth?

Immunic, Inc.. reported revenue of $22.0K.

Does IMUX pay dividends?

Immunic, Inc.. does not currently pay dividends.

Where can I find IMUX SEC filings?

Official SEC filings for Immunic, Inc.. (CIK: 0001280776) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is IMUX's EPS?

Immunic, Inc.. has a diluted EPS of $-1.08.

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 IMUX a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Immunic, Inc.. has a SELL rating with 79% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is IMUX stock overvalued or undervalued?

Valuation metrics for IMUX: ROE of -21.5% (sector avg: 15%), net margin of -148,127.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy IMUX stock in 2026?

Our dual AI analysis gives Immunic, Inc.. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is IMUX's free cash flow?

Immunic, Inc..'s operating cash flow is $-17.3M, with capital expenditures of $2.0K. FCF margin is -78,650.0%.

How does IMUX compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -148,127.3% (avg: 12%), ROE -21.5% (avg: 15%), current ratio 4.92 (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 23, 2026 | Data as of: 2026-03-31 | Powered by Claude AI