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IOVA

IOVANCE BIOTHERAPEUTICS, INC.

In the published model solve dated 2026-Q2, anchored at $4.32, IOVANCE BIOTHERAPEUTICS, INC. (IOVA) is priced for today's economics sustained for ~17.2 years. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed August 7, 2026 from SEC EDGAR filings.

Published model solve
today's economics sustained for ~17.2 years
Priced In
elevated

Key Takeaways

• Amtagvi, described in the company's own filings as ⟦"the first one-time, individualized T cell therapy approved for a solid tumor cancer"⟧, produced $150.9 million of revenue in the first half of 2026 against $97.6 million a year earlier, and it is now doing the work of an entire company. • The loss is shrinking fast but is still large: the June quarter's operating loss was $51.9 million against $113.8 million a year earlier, and the funding for that gap comes from selling stock, with shares o

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Institutional ownership

272 institutional managers reported holding IOVA in 13F filings for the quarter ended 2026-03-31. Together they hold about 64% of the company; the top 10 hold 40%. 56 opened new positions that quarter. Held by BlackRock, Vanguard Group, State Street, among others. On the short side, 103.5M shares were sold short as of the 2026-06-15 count, about 25% of shares outstanding (7.9 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

IOVA's share count grew 151.3% over the past five years. It pays no dividend.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at IOVA over the trailing three years: 2023: 2 buys totaling $26.56M; 2024: 3 buys totaling $48.33M; 2025: 3 buys totaling $107k. 8 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

IOVA's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-09+7.8%-48.5%
2023-11-08-3.5%+124.2%
2024-02-29-8.9%-19.0%
2024-05-10-18.1%-20.4%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

IOVA's latest 8-K filings: 2026-08-06 (items 8.01, 9.01); 2026-08-06 (items 2.02, 9.01); 2026-07-02 (items 8.01, 9.01); 2026-06-10 (items 5.07, 8.01, 9.01); 2026-05-07 (items 2.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

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Model solve date: 2026-Q2
Narrative composed: August 7, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.