Inovio Pharmaceuticals, Inc.

NasdaqCM:INO Stock Report

Market Cap: US$124.1m

Inovio Pharmaceuticals Future Growth

Future criteria checks 5/6

Inovio Pharmaceuticals is forecast to grow earnings and revenue by 60.1% and 56.6% per annum respectively while EPS is expected to grow by 67.1% per annum.

Key information

60.1%

Earnings growth rate

67.12%

EPS growth rate

Biotechs earnings growth27.7%
Revenue growth rate56.6%
Future return on equityn/a
Analyst coverage

Low

Last updated13 Aug 2026

Recent future growth updates

Recent updates

Narrative Update Aug 16

INO: October FDA Decision And Cash Runway Will Shape Upside Potential

Inovio Pharmaceuticals' analyst price target has moved from $6 to $4 as analysts factor in recent financing dilution, updated fair value assumptions, and ongoing FDA review progress for the recurrent respiratory papillomatosis program. Analyst Commentary Recent Street research on Inovio Pharmaceuticals shows a mix of caution and optimism, with several bullish analysts highlighting specific company milestones and balance sheet factors that they see as supportive for the stock's current valuation and potential execution on its pipeline.
Narrative Update Aug 02

INO: Higher Share Count Will Set Stage For Future Upside Repricing

Analysts have reduced their price target for Inovio Pharmaceuticals by $0.50 to $2.50, citing the effect of a higher share count on their updated valuation work. What’s in the News for Inovio Pharmaceuticals Inovio Pharmaceuticals filed a follow-on equity offering that includes common stock and equity warrants, according to company event filings.
Narrative Update Jul 19

INO: Rising Share Count Will Shape Future Upside Potential

Inovio Pharmaceuticals' updated fair value estimate has been revised from $13.00 to $6.00, reflecting analysts' lower price targets following recent research that cites a rising share count as a key factor in trimming expectations to $2.50. What's in the News Inovio Pharmaceuticals was added to the Russell 3000E Growth Benchmark, according to index constituent changes.
Narrative Update Jun 26

INO: Recent Equity Raises Will Set Up Future Repricing Potential

Analysts have reduced their price target on Inovio Pharmaceuticals stock from $3.00 to $2.50, citing the impact of a higher share count on projected fair value and valuation metrics. What’s in the News for Inovio Pharmaceuticals Inovio Pharmaceuticals completed a follow on equity offering of common stock and Series A and Series B warrants totaling US$17.5 million.
Analysis Article Jun 26

Here's Why We're A Bit Worried About Inovio Pharmaceuticals' (NASDAQ:INO) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. For example, although...
Analysis Article Aug 11

Here's Why We're Watching Inovio Pharmaceuticals' (NASDAQ:INO) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...

Earnings and Revenue Growth Forecasts

NasdaqCM:INO - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202879-18-25-131
12/31/202751-56-70-673
12/31/20261-68-57-783
6/30/2026N/A-67-81-81N/A
3/31/2026N/A-85-84-83N/A
12/31/20250-85-89-89N/A
9/30/20250-108-89-89N/A
6/30/20250-88-95-95N/A
3/31/20250-96-103-102N/A
12/31/20240-107-105-104N/A
9/30/20240-113-111-111N/A
6/30/20241-122-113-112N/A
3/31/20241-125-117-116N/A
12/31/20231-135-125-124N/A
9/30/20231-165-135-134N/A
6/30/202310-168-173-173N/A
3/31/202310-241-192-191N/A
12/31/202210-280-217-216N/A
9/30/202211-332-219-218N/A
6/30/20222-355-198-197N/A
3/31/20222-328-226-225N/A
12/31/20212-304-217-216N/A
9/30/20217-221-231-229N/A
6/30/20216-142-258-257N/A
3/31/20216-188-207-205N/A
12/31/20207-166-179-178N/A
9/30/20202-180-141-140N/A
6/30/20203-222-94-94N/A
3/31/20203-123N/A-91N/A
12/31/20194-119N/A-98N/A
9/30/20196-115N/A-101N/A
6/30/20197-117N/A-98N/A
3/31/201932-94N/A-93N/A
12/31/201830-97N/A-74N/A
9/30/201837-86N/A-70N/A
6/30/201837-95N/A-63N/A
3/31/201833-97N/A-61N/A
12/31/201742-88N/A-63N/A
9/30/201742-93N/A-64N/A
6/30/201752-80N/A-65N/A
3/31/201738-89N/A-62N/A
12/31/201635-74N/A-63N/A
9/30/201633-65N/A-54N/A
6/30/201644-39N/A-20N/A
3/31/201644-27N/A-16N/A
12/31/201541-29N/A-12N/A
9/30/201537-19N/A-14N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: INO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.7%).

Earnings vs Market: INO is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: INO is expected to become profitable in the next 3 years.

Revenue vs Market: INO's revenue (56.6% per year) is forecast to grow faster than the US market (12.9% per year).

High Growth Revenue: INO's revenue (56.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if INO's Return on Equity is forecast to be high in 3 years time


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/21 07:29
End of Day Share Price 2026/08/20 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Inovio Pharmaceuticals, Inc. is covered by 11 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Aydin HuseynovBenchmark Company
Geoffrey MeachamBofA Global Research
Raghuram SelvarajuH.C. Wainwright & Co.