INmune Bio, Inc. (INMB) Stock

INmune Bio, Inc. (INMB) is a Healthcare stock trading at $2.30 (as of 2026-08-21), with a market capitalization of $63.83M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

INmune Bio, Inc. is a clinical-stage immunotherapy company developing treatments designed to reprogram a patient’s innate immune system. Its product pipeline targets hematologic malignancies, solid tumors, chronic inflammation, and Alzheimer’s disease, including programs such as INKmune, INB03, and XPro1595.

Understand INmune Bio, Inc.: how it makes money

INmune Bio develops and commercializes innate-immune reprogramming immunotherapy drugs for hematologic malignancies, solid tumors, and chronic inflammation, using programs including INKmune, INB03, and XPro1595.

Because the company is focused on developing and commercializing clinical immunotherapy programs, its profit model depends on whether progress in these programs can translate into commercially available therapies.

Business quality (Weak): Limited segment detail is provided, and several financial fields are not available, but the latest quarter includes specific program activity and an operating loss.

Bull case

  • ADO2 Phase Two Trial Enrolled Patients: 208 patients enrolled (2025-09-30 quarter), indicating ongoing recruitment activity in a phase two program.
  • MINDFuL trial enriched population: 100 enriched population patients (as provided), and 50% enriched population percentage with two or more biomarkers of inflammation.

Bear case

  • Operating loss: Operating margin is -14866.0% in the latest reported quarter (2025-09-30).
  • No reported revenue in the latest quarter: Revenue is listed as 0.0B for the period 2025-09-30.
Valuation — source: SEC EDGAR (first-party)
Price$2.30
Market Cap$63.83M
Price / Book3.13
Price / Sales389.23
FCF Yield-32.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$50000.00
Net Margin-91866.0%
Revenue Growth (YoY)257.1%
EPS Growth (YoY)-11.8%
Financial Health — source: SEC EDGAR
Altman Z-Score-8.93 (distress)
Valuation vs Sector & Industry
Sector P/E (Healthcare)21.7
Industry P/E (Pharmaceutical Products)17.2
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($1.49M)
Institutional Holders Tracked10
Company
SectorHealthcare
IndustryPharmaceutical Products
CEODavid J. Moss
Employees13
CountryUS
IPO Date2019-02-04

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INMB earnings history · INMB institutional & insider holders · INMB KPIs & operating metrics · INMB financials · INMB investor presentations & press releases · INMB SEC filings · INMB peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.