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AGENAgenus Inc.
$7.15$298M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
AGEN logo

Agenus Inc.

AGEN
NASDAQ · Oncology Biotech
$7.15
At close - Nov 6, 4:00 PM EST - USD
Market Cap$298M
P/E21.2x
52W High$10.31
Volume862.28K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Revenue Reacceleration Masks Liquidity And Cash Burn Risks

Agenus shows a notable operating inflection, with operating income turning positive at $14.4M in 2025Q4 and holding at $11.3M in 2026Q2 as SG&A contracted from $20.9M to $8.5M while revenue grew 34.4% year-over-year to $34.5M — suggesting emerging operating leverage off a small commercial base.

GrowthAccelerating
ProfitabilityModerate
ValuationAttractive
TechnicalsMixed
Explore valuation models
MARKET ACTION

AGEN price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

5/12 Beats

EPS beat 5 of last 12 quarters

02

Valuation risk

-20% Peers

P/E is 20% below peer median

03

Market leadership

RS 96 · Leader

High momentum (Outperforming 96% of market)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Feb 5

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
AGEN+121.36%
S&P 500 (^GSPC)+7.63%
1-Year Return
AGEN+86.20%
S&P 500 (^GSPC)+9.69%
3-Year Return
AGEN-54.25%
S&P 500 (^GSPC)+80.24%
5-Year Return
AGEN-91.45%
S&P 500 (^GSPC)+66.08%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E
21.2x
Forward P/E
26.7x
EV/EBITDA0th %ile
11.7x
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
21.2x
N/A
N/A
EV/EBITDA
11.7x
15.5x
0th· Low
Price/FCF
N/A
N/A
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$114M+10.4% YoY
Net income FY25
$115K+100.1% YoY
Free cash flow FY25
-$159M+0.0% YoY
Operating margin FY25
-18%+98.4 pts YoY
ROIC (FY25)-
Avg ROIC 5Y-
ROE (FY25)-
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate5/12 (42%)
Revenue Beat Rate7/12 (58%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 5, 2026
$0.02+107.1%
vs -$0.28
$31M+11.7%
vs $28M
Q3 2026
Aug 6, 2026
-$0.01-122.2%
vs $0.04
$35M+1.5%
vs $34M
Q2 2026
May 11, 2026
$1.02-51.4%
vs $2.10
$34M-74.0%
vs $130M
Q2 2026
Mar 16, 2026
$0.56+144.1%
vs -$1.27
$34M+21.7%
vs $28M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Seeking Alpha·1d ago
Agenus Inc. (AGEN) Discusses BOT BAL Development and Planned Phase 3 ROBBIN Trial Transcript

Agenus Inc. ( AGEN ) Discusses BOT BAL Development and Planned Phase 3 ROBBIN Trial November 5, 2026 11:30 AM EST Company Participants Zack Armen - Vice President of Investor Relations & Corporate Development Robin Taylor - Chief Commercial Officer Conference Call Participants Michael King - Rodman & Renshaw Research Presentation Michael King Rodman & Renshaw Research All right. It looks like we've got the whole crowd here, so we're going to kick this off.

Zacks Investment Research·1d ago
Agenus' Q3 Earnings Match Estimates, Revenues Miss Mark, Stock Down

AGEN's Q3 earnings meet estimates, but a revenue miss weighs on shares as pipeline progress, Armenian drug approvals and new funding emerge as key developments.

Business Wire·1d ago
Agenus Reports More Than Half of Patients with Refractory MSS Metastatic Colorectal Cancer Achieved Long-Term Survival Following BOT+BAL Treatment at SITC 2026

LEXINGTON, Mass.--(BUSINESS WIRE)---- $AGEN #Botensilimab--Agenus Inc. (Nasdaq: AGEN), a leader in immuno-oncology innovation, today announced new findings from a long-term survivor analysis of its Phase 1b C-800-01 trial evaluating botensilimab (BOT), a multifunctional, Fc-enhanced anti-CTLA-4 antibody, in combination with balstilimab (BAL), an anti-PD-1 antibody, in heavily pretreated patients with microsatellite-stable (MSS) metastatic colorectal cancer (mCRC) without active liver metastases. The results were prese.

MarketBeat·2d ago
Agenus Targets Phase 3 Colon Cancer Trial as Financing Hinges on Enrollment Milestones

Agenus NASDAQ: AGEN expects to begin enrolling patients in the next few months for a Phase 3 trial of its investigational immunotherapy combination BOT/BAL in early-stage colon cancer, executives said during an investor event.

Filtered for Agenus Inc.More Headlines
04

Compare before deciding

Benchmark AGEN against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Agenus Inc. (AGEN)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
AGEN logoAGENAgenus Inc.Current
$7.15$297.74M21.1910.37%20.98%——
NKTR logoNKTRNektar Therapeutics
$37.26$1.23B-7.84-43.89%-287.84%-37.99%—
INCY logoINCYIncyte Corporation
$119.65$24.25B60.2821.22%6.71%7.11%—
EXEL logoEXELExelixis, Inc.
$69.57$17.49B20.106.98%35.45%45.54%—
RCUS logoRCUSArcus Biosciences, Inc.
$18.28$2.3B-5.23-4.26%-445%-90.04%—
MGNX logoMGNXMacroGenics, Inc.
$2.33$148.1M-10.150.78%-8.7%-31.27%—

Compare AGEN vs Peers

Agenus Inc. (AGEN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NKTR

Most directly comparable listed peer for AGEN.

Scale Benchmark

vs MRK

Larger-name benchmark to compare AGEN against a more recognizable public peer.

Peer Set

Compare Top 5

vs NKTR, INCY, EXEL, RCUS

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

AGEN SEC Filings & Documents

Agenus Inc. (AGEN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 6, 2026·SEC

Material company update

Jul 13, 2026·SEC

Material company update

Jul 6, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 16, 2026·SEC

FY 2025

Mar 17, 2025·SEC

FY 2024

Mar 14, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 7, 2026·SEC

FY 2026

May 11, 2026·SEC

FY 2025

Nov 10, 2025·SEC

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AGEN Frequently Asked Questions

Agenus Inc. (AGEN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Agenus Inc.'s revenue?

Agenus Inc. (AGEN) reported $133.9M in revenue over the trailing twelve months. Revenue was $114.2M in fiscal year 2025. That is 114096% more than the $0.1M of fiscal year 1999.

How fast is Agenus Inc. growing?

Agenus Inc. (AGEN) grew revenue by 25.4% over the trailing twelve months, compared with the twelve months before.

Is AGEN profitable?

Yes. Agenus Inc. (AGEN) earned $28.1M in net income over the trailing twelve months (a 21.0% net margin).

Dividend & Returns
What is Agenus Inc.'s free cash flow?

Agenus Inc. (AGEN) had negative free cash flow of $103.9M over the trailing twelve months.

What if you invested $1,000 in AGEN back in 1999?

Total return calculator · dividends reinvested · 27+ years of data

See returns →