Biotechnology
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Side-by-side financial analysisStock Comparison
IMRX vs EXEL vs ACAD vs MGNX
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
Biotechnology
Biotechnology
IMRX vs EXEL vs ACAD vs MGNX — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Biotechnology | Biotechnology | Biotechnology | Biotechnology |
| Market Cap | $152M | $13.50B | $3.61B | $252M |
| Revenue (TTM) | $0.00 | $2.38B | $1.10B | $157M |
| Net Income (TTM) | $-54M | $833M | $376M | $-70M |
| Gross Margin | — | 71.6% | 91.5% | 69.9% |
| Operating Margin | — | 39.4% | 7.4% | -40.5% |
| Forward P/E | — | 15.1x | 54.2x | — |
| Total Debt | $4M | $173M | $52M | $107M |
| Cash & Equiv. | $129M | $482M | $178M | $57M |
IMRX vs EXEL vs ACAD vs MGNX — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jul 21 | Jun 26 | Return |
|---|---|---|---|
| Immuneering Corpora… (IMRX) | 100 | 23.8 | -76.2% |
| Exelixis, Inc. (EXEL) | 100 | 315.3 | +215.3% |
| ACADIA Pharmaceutic… (ACAD) | 100 | 97.5 | -2.5% |
| MacroGenics, Inc. (MGNX) | 100 | 15.9 | -84.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: IMRX vs EXEL vs ACAD vs MGNX
Each card shows where this stock fits in a portfolio — not just who wins on paper.
IMRX is the #2 pick in this set and the best alternative if sleep-well-at-night and defensive is your priority.
- Lower volatility, beta 1.33, Low D/E 1.8%, current ratio 17.50x
- Beta 1.33, current ratio 17.50x
- 12.5% revenue growth vs MGNX's 0.8%
EXEL carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- beta 0.81
- 6.2% 10Y total return vs ACAD's -44.6%
- Better valuation composite
- 35.1% margin vs MGNX's -44.8%
ACAD is the clearest fit if your priority is growth exposure.
- Rev growth 11.9%, EPS growth 68.4%, 3Y rev CAGR 27.5%
MGNX is the clearest fit if your priority is momentum.
- +155.5% vs ACAD's -3.0%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 12.5% revenue growth vs MGNX's 0.8% | |
| Value | Better valuation composite | |
| Quality / Margins | 35.1% margin vs MGNX's -44.8% | |
| Stability / Safety | Beta 0.81 vs MGNX's 1.43, lower leverage | |
| Dividends | Tie | None of these 4 stocks pay a meaningful dividend |
| Momentum (1Y) | +155.5% vs ACAD's -3.0% | |
| Efficiency (ROA) | 30.5% ROA vs MGNX's -28.4%, ROIC 32.1% vs -144.1% |
IMRX vs EXEL vs ACAD vs MGNX — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
IMRX vs EXEL vs ACAD vs MGNX — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
EXEL leads in 5 of 6 categories
IMRX leads 0 • ACAD leads 0 • MGNX leads 0
Explore the data ↓Income & Cash Flow (Last 12 Months)
EXEL leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
EXEL and IMRX operate at a comparable scale, with $2.4B and $0 in trailing revenue. EXEL is the more profitable business, keeping 35.1% of every revenue dollar as net income compared to MGNX's -44.8%. On growth, MGNX holds the edge at +57.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $0 | $2.4B | $1.1B | $157M |
| EBITDAEarnings before interest/tax | -$58M | $958M | $96M | -$57M |
| Net IncomeAfter-tax profit | -$54M | $833M | $376M | -$70M |
| Free Cash FlowCash after capex | -$50M | $918M | $212M | -$72M |
| Gross MarginGross profit ÷ Revenue | — | +71.6% | +91.5% | +69.9% |
| Operating MarginEBIT ÷ Revenue | — | +39.4% | +7.4% | -40.5% |
| Net MarginNet income ÷ Revenue | — | +35.1% | +34.3% | -44.8% |
| FCF MarginFCF ÷ Revenue | — | +38.7% | +19.4% | -45.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | +10.0% | +9.7% | +57.5% |
| EPS Growth (YoY)Latest quarter vs prior year | +50.0% | +43.6% | -81.8% | +10.8% |
Valuation Metrics
EXEL leads this category, winning 3 of 6 comparable metrics.
Valuation Metrics
At 9.2x trailing earnings, ACAD trades at a 52% valuation discount to EXEL's 19.1x P/E. On an enterprise value basis, EXEL's 14.6x EV/EBITDA is more attractive than ACAD's 25.1x.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $152M | $13.5B | $3.6B | $252M |
| Enterprise ValueMkt cap + debt − cash | $27M | $13.2B | $3.5B | $301M |
| Trailing P/EPrice ÷ TTM EPS | -3.30x | 19.11x | 9.21x | -3.36x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 15.08x | 54.20x | — |
| PEG RatioP/E ÷ EPS growth rate | — | 0.37x | — | — |
| EV / EBITDAEnterprise value multiple | — | 14.63x | 25.09x | — |
| Price / SalesMarket cap ÷ Revenue | — | 5.82x | 3.37x | 1.68x |
| Price / BookPrice ÷ Book value/share | 0.84x | 6.93x | 2.94x | 4.50x |
| Price / FCFMarket cap ÷ FCF | — | 15.98x | 34.34x | — |
Profitability & Efficiency
EXEL leads this category, winning 6 of 8 comparable metrics.
Profitability & Efficiency
EXEL delivers a 40.2% return on equity — every $100 of shareholder capital generates $40 in annual profit, vs $-148 for MGNX. IMRX carries lower financial leverage with a 0.02x debt-to-equity ratio, signaling a more conservative balance sheet compared to MGNX's 1.92x. On the Piotroski fundamental quality scale (0–9), EXEL scores 7/9 vs MGNX's 2/9, reflecting strong financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | -0.1% | +40.2% | +35.6% | -147.8% |
| ROA (TTM)Return on assets | -0.1% | +30.5% | +26.2% | -28.4% |
| ROICReturn on invested capital | -86.4% | +32.1% | +10.0% | -144.1% |
| ROCEReturn on capital employed | -44.5% | +35.0% | +10.1% | -34.7% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 7 | 6 | 2 |
| Debt / EquityFinancial leverage | 0.02x | 0.08x | 0.04x | 1.92x |
| Net DebtTotal debt minus cash | -$125M | -$309M | -$126M | $50M |
| Cash & Equiv.Liquid assets | $129M | $482M | $178M | $57M |
| Total DebtShort + long-term debt | $4M | $173M | $52M | $107M |
| Interest CoverageEBIT ÷ Interest expense | — | — | — | -4.78x |
Total Returns (Dividends Reinvested)
EXEL leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in EXEL five years ago would be worth $23,344 today (with dividends reinvested), compared to $1,904 for MGNX. Over the past 12 months, MGNX leads with a +155.5% total return vs ACAD's -3.0%. The 3-year compound annual growth rate (CAGR) favors EXEL at 40.7% vs IMRX's -24.9% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | -36.7% | +21.9% | -19.3% | +146.0% |
| 1-Year ReturnPast 12 months | +113.8% | +27.2% | -3.0% | +155.5% |
| 3-Year ReturnCumulative with dividends | -57.6% | +178.3% | -14.3% | -31.5% |
| 5-Year ReturnCumulative with dividends | -76.2% | +133.4% | -22.6% | -81.0% |
| 10-Year ReturnCumulative with dividends | -76.2% | +619.9% | -44.6% | -85.0% |
| CAGR (3Y)Annualised 3-year return | -24.9% | +40.7% | -5.0% | -11.8% |
Risk & Volatility
EXEL leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
EXEL is the less volatile stock with a 0.81 beta — it tends to amplify market swings less than MGNX's 1.43 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. EXEL currently trades 98.5% from its 52-week high vs IMRX's 41.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.33x | 0.81x | 1.10x | 1.43x |
| 52-Week HighHighest price in past year | $10.08 | $53.93 | $27.81 | $4.64 |
| 52-Week LowLowest price in past year | $1.66 | $33.76 | $19.69 | $1.19 |
| % of 52W HighCurrent price vs 52-week peak | +41.6% | +98.5% | +75.8% | +85.3% |
| RSI (14)Momentum oscillator 0–100 | 39.1 | 63.7 | 47.9 | 53.3 |
| Avg Volume (50D)Average daily shares traded | 1.4M | 2.4M | 1.4M | 1.0M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Analyst consensus: IMRX as "Buy", EXEL as "Buy", ACAD as "Buy", MGNX as "Buy". Consensus price targets imply 186.4% upside for IMRX (target: $12) vs -10.9% for EXEL (target: $47).
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $12.00 | $47.33 | $34.78 | $6.00 |
| # AnalystsCovering analysts | 11 | 32 | 37 | 22 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | — |
| Dividend StreakConsecutive years of raises | — | — | — | — |
| Dividend / ShareAnnual DPS | — | — | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +7.0% | 0.0% | 0.0% |
EXEL leads in 5 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics.
IMRX vs EXEL vs ACAD vs MGNX: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is IMRX or EXEL or ACAD or MGNX a better buy right now?
For growth investors, ACADIA Pharmaceuticals Inc.
(ACAD) is the stronger pick with 11. 9% revenue growth year-over-year, versus 0. 8% for MacroGenics, Inc. (MGNX). ACADIA Pharmaceuticals Inc. (ACAD) offers the better valuation at 9. 2x trailing P/E (54. 2x forward), making it the more compelling value choice. Analysts rate Immuneering Corporation (IMRX) a "Buy" — based on 11 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — IMRX or EXEL or ACAD or MGNX?
On trailing P/E, ACADIA Pharmaceuticals Inc.
(ACAD) is the cheapest at 9. 2x versus Exelixis, Inc. at 19. 1x. On forward P/E, Exelixis, Inc. is actually cheaper at 15. 1x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — IMRX or EXEL or ACAD or MGNX?
Over the past 5 years, Exelixis, Inc.
(EXEL) delivered a total return of +133. 4%, compared to -81. 0% for MacroGenics, Inc. (MGNX). Over 10 years, the gap is even starker: EXEL returned +619. 9% versus MGNX's -85. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — IMRX or EXEL or ACAD or MGNX?
By beta (market sensitivity over 5 years), Exelixis, Inc.
(EXEL) is the lower-risk stock at 0. 81β versus MacroGenics, Inc. 's 1. 43β — meaning MGNX is approximately 77% more volatile than EXEL relative to the S&P 500. On balance sheet safety, Immuneering Corporation (IMRX) carries a lower debt/equity ratio of 2% versus 192% for MacroGenics, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — IMRX or EXEL or ACAD or MGNX?
By revenue growth (latest reported year), ACADIA Pharmaceuticals Inc.
(ACAD) is pulling ahead at 11. 9% versus 0. 8% for MacroGenics, Inc. (MGNX). On earnings-per-share growth, the picture is similar: ACADIA Pharmaceuticals Inc. grew EPS 68. 4% year-over-year, compared to -10. 3% for MacroGenics, Inc.. Over a 3-year CAGR, ACAD leads at 27. 5% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — IMRX or EXEL or ACAD or MGNX?
ACADIA Pharmaceuticals Inc.
(ACAD) is the more profitable company, earning 36. 5% net margin versus -49. 9% for MacroGenics, Inc. — meaning it keeps 36. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: EXEL leads at 37. 6% versus -48. 7% for MGNX. At the gross margin level — before operating expenses — EXEL leads at 96. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is IMRX or EXEL or ACAD or MGNX more undervalued right now?
On forward earnings alone, Exelixis, Inc.
(EXEL) trades at 15. 1x forward P/E versus 54. 2x for ACADIA Pharmaceuticals Inc. — 39. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for IMRX: 186. 4% to $12. 00.
08Which pays a better dividend — IMRX or EXEL or ACAD or MGNX?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
09Is IMRX or EXEL or ACAD or MGNX better for a retirement portfolio?
For long-horizon retirement investors, Exelixis, Inc.
(EXEL) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 81), +619. 9% 10Y return). Both have compounded well over 10 years (EXEL: +619. 9%, MGNX: -85. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between IMRX and EXEL and ACAD and MGNX?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: IMRX is a small-cap quality compounder stock; EXEL is a mid-cap quality compounder stock; ACAD is a small-cap deep-value stock; MGNX is a small-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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