AIM ImmunoTech Inc. (AIM) AI Stock Analysis
AIM AI stock analysis summary
AI ResearchAIM ImmunoTech Inc. is a clinical-stage biopharmaceutical company focused on therapeutics for cancers, viral diseases, and immune disorders. The company generated revenue of $88,000 in FY2025 alongside a net loss of -$14.0M. Its shares closed at $0.17 on October 16, 2026, marking a 1-year return of -93.6%.
- Market cap
- $6.7M
- Revenue (TTM)
- $95,000
- P/E
- — fwd 2.0x
- 1Y return
- -93.6% S&P 500 16.8%
- Avg. target
- $4.25 2428.3% vs last close
Bull case
- Wall Street analysts have set a mean price target of $4.25, which is 2428.3% above the October 16, 2026 closing price of $0.17.
- The balance sheet maintains positive liquidity with $10.0M in cash and short-term investments, supporting a current ratio of 2.11 as of June 30, 2026.
- Analyst consensus projects EPS to improve from -$10.68 in FY2025 to -$0.78 in FY2026, reflecting a 91.0% growth estimate.
Bear case
- Annual revenue declined 48.2% in FY2025 to $88,000, contributing to a 5-year revenue CAGR of -11.6%.
- Cash burn remains substantial, with negative operating cash flow of -$11.0M and negative free cash flow of -$11.3M in FY2025.
- Shareholder equity has faced severe dilution, evidenced by an 1197.9% increase in the 5-year share count and $8.3M raised through share issuance in FY2025.
What AIM ImmunoTech does
AIM ImmunoTech Inc. is an immuno-pharma company based in Ocala, Florida, specializing in therapeutics targeting various cancers, viral diseases, and immune-deficiency disorders. Its primary drug candidate is Ampligen, a macromolecular RNA-based therapeutic designed for chronic fatigue syndrome and being explored for multiple oncology indications, viral conditions, COVID-19, and post-COVID conditions. The company also offers Alferon N Injection, an injectable natural alpha interferon formulation used to treat genital warts. AIM ImmunoTech maintains research collaborations with organizations including UMN Pharma Inc., the Japanese National Institute of Infectious Diseases, Shionogi & Co., Ltd., Polysciences Inc., and the University of Cagliari.
Growth and profitability
Revenue dropped 48.2% in FY2025 to $88,000 from $170,000 in FY2024, down from $202,000 in FY2023. Over the five years from FY2020 to FY2025, revenue posted a compound annual growth rate of -11.6%. AIM ImmunoTech recorded net losses of -$19.1M in FY2021, -$19.4M in FY2022, -$29.0M in FY2023, -$17.3M in FY2024, and -$14.0M in FY2025. In FY2025, research and development expenses were $3.9M, operating margin was -11961.4%, and net margin was -15861.4%. In the trailing twelve months ended June 30, 2026, revenue stood at $95,000, while quarterly revenue growth was 4.0% year-over-year.
Balance sheet and cash flow
As of June 30, 2026, AIM ImmunoTech held $10.0M in cash and short-term investments and $3.9M in total debt, resulting in net cash of $6.0M. Total assets stood at $12.7M against shareholders' equity of $7.7M, with a current ratio of 2.11 and a debt-to-equity ratio of 0.51. In FY2025, free cash flow was -$11.3M and operating cash flow was -$11.0M. Capital expenditures were $378,000, while the company raised $8.3M from share issuances. Over five years, the share count increased 1197.9%.
Valuation and performance
AIM ImmunoTech trades at a price-to-sales multiple of 70.6x, compared to the median of 4.1x for its US-listed Healthcare peers. Its enterprise value stands at $2.2M with an EV-to-revenue multiple of 23.0x and EV-to-EBITDA of 0.5x, compared to the peer median EV-to-EBITDA of 12.0x. The company's forward P/E is 2.0x, below the peer group median of 17.3x, and its PEG ratio is 0.71. Over the past year, AIM shares fell 93.6%, while the S&P 500 (SPY) returned 16.8%.
What analysts expect
Wall Street coverage consists of 1 Strong Buy and 1 Buy rating. The mean price target is $4.25, representing a 2428.3% premium over the last close of $0.17 on October 16, 2026. For the fiscal year ending December 31, 2026, analysts estimate an EPS of -$0.78 on revenue of $74,000. For the following fiscal year, 1 analyst estimates revenue of $50,000 and EPS of -$0.37. The company beat EPS estimates in 1 of the last 4 quarters, and its next earnings date is November 16, 2026.
Key risks and what to watch
- Net losses totaled -$14.0M in FY2025 and -$17.3M in FY2024, creating continued reliance on external financing.
- Dilution risk remains elevated after the 5-year share count increased by 1197.9%.
- Trailing twelve months revenue was just $95,000, leaving the company with a price-to-sales multiple of 70.6x despite its $6.7M market capitalization.
- The stock traded at $0.17 on October 16, 2026, down 69.2% from its 200-day average and near its 52-week low of $0.16.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this AIM AI stock analysis
This page is an AI-written research summary of AIM ImmunoTech Inc. (AIM). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: AIM income statement, AIM balance sheet, AIM key metrics, AIM analyst forecast, AIM chart. See the AIM stock overview for the latest quote and news.
AIM AI stock analysis FAQ
What is AIM ImmunoTech's core product candidate?
The company's primary drug candidate is Ampligen, an RNA-based therapeutic originally targeted at chronic fatigue syndrome and being evaluated for various cancers, viral infections, and post-COVID conditions.
How much cash and debt does AIM ImmunoTech have?
As of June 30, 2026, AIM ImmunoTech reported $10.0M in cash and short-term investments and $3.9M in total debt, giving it net cash of $6.0M.
What do analysts expect for AIM ImmunoTech's upcoming financial results?
For the fiscal year ending December 31, 2026, consensus estimates project revenue of $74,000 and an EPS of -$0.78, with the next earnings announcement scheduled for November 16, 2026.
Does AIM ImmunoTech pay a dividend?
No, AIM ImmunoTech does not pay a dividend.