MaxCyte, Inc. (MXCT)

NASDAQ: MXCT · IEX Real-Time Price · USD
3.770
-0.060 (-1.57%)
May 3, 2024, 4:00 PM EDT - Market closed
-1.57%
Market Cap 392.57M
Revenue (ttm) 41.29M
Net Income (ttm) -37.92M
Shares Out 104.13M
EPS (ttm) -0.37
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 477,877
Open 3.950
Previous Close 3.830
Day's Range 3.740 - 3.950
52-Week Range 2.450 - 5.545
Beta 1.04
Analysts Strong Buy
Price Target 8.67 (+129.97%)
Earnings Date May 7, 2024

About MXCT

MaxCyte, Inc., a life sciences company, discovers, develops, and commercializes next-generation cell therapies in the United States and internationally. Its products include ExPERT ATx, a static electroporation instrument for small to medium scale transfection; ExPERT STx, a flow electroporation for protein production and drug development, as well as expression of therapeutic targets for cell-based assays; ExPERT GTx, a flow electroporation for large scale transfection in therapeutic applications; and ExPERT VLx for very large volume cell-engin... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Jul 30, 2021
Employees 143
Stock Exchange NASDAQ
Ticker Symbol MXCT
Full Company Profile

Financial Performance

In 2023, MaxCyte's revenue was $41.29 million, a decrease of -6.72% compared to the previous year's $44.26 million. Losses were -$37.92 million, 60.9% more than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for MXCT stock is "Strong Buy." The 12-month stock price forecast is $8.67, which is an increase of 129.97% from the latest price.

Price Target
$8.67
(129.97% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

MaxCyte to Report First Quarter 2024 Financial Results on May 7, 2024

ROCKVILLE, Md., April 10, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discove...

25 days ago - GlobeNewsWire

MaxCyte Signs Strategic Platform License with Be Biopharma to Support the Development of Engineered B Cell Medicines (BCMs)

Be Biopharma to use MaxCyte's Flow Electroporation® technology and ExPERT™ platform within its Engineered B Cell Medicines programs Be Biopharma to use MaxCyte's Flow Electroporation® technology and E...

4 weeks ago - GlobeNewsWire

MaxCyte Reports Fourth Quarter and Full Year 2023 Financial Results and Reiterates 2024 Guidance

ROCKVILLE, Md., March 12, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discove...

7 weeks ago - GlobeNewsWire

MaxCyte Initiates Full Year 2024 Guidance and Reaffirms 2023 Preliminary Results

ROCKVILLE, Md., March 04, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discove...

2 months ago - GlobeNewsWire

MaxCyte to Report Fourth Quarter and Full Year 2023 Financial Results on March 12, 2024 and Participate in Upcoming Investor Conferences

ROCKVILLE, Md., Feb. 09, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discover...

3 months ago - GlobeNewsWire

MaxCyte and Wugen Sign Strategic Platform License to Expedite Scale-Up of Clinical and Commercial Manufacturing of Wugen's Investigational Allogeneic, Off-the-Shelf Cell Therapies for Cancers

Wugen to use MaxCyte's Flow Electroporation® technology and ExPERT™ platform to support its programs for hematologic and solid tumor cancers Wugen to use MaxCyte's Flow Electroporation® technology and...

3 months ago - GlobeNewsWire

MaxCyte Signs Strategic Platform License with Imugene to Advance their Cancer Immunotherapy Programs

Imugene using MaxCyte's Flow Electroporation® technology and ExPERT™ platform to support azer-cel – a potential first-in-class allogeneic CD19 CAR T product candidate for the treatment of blood cancer...

3 months ago - GlobeNewsWire

MaxCyte Announces Preliminary Unaudited Fourth Quarter and Full Year 2023 Financial Results

ROCKVILLE, Md., Jan. 08, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discover...

4 months ago - GlobeNewsWire

MaxCyte and Lion TCR form Partnership to Support Global Expansion of Lion TCR's TCR-T Cell Pipeline

Lion TCR to use MaxCyte's Flow Electroporation® technology and ExPERT™ platform to develop and scale TCR-T cell therapies for solid tumors and viral-related diseases. Lion TCR to use MaxCyte's Flow El...

4 months ago - GlobeNewsWire

MaxCyte Confirms Appointment of Maher Masoud as President, Chief Executive Officer and Director

ROCKVILLE, Md., Jan. 01, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discover...

4 months ago - GlobeNewsWire

MaxCyte Announces CEO Transition and Updates Revenue Guidance for 2023

Doug Doerfler, President and CEO, to Retire Effective December 31, 2023; will continue to serve as an advisor to MaxCyte

5 months ago - GlobeNewsWire

MaxCyte Joins the Alliance for mRNA Medicines (AMM) as a Founding Member

MaxCyte continues supporting the advancement of novel therapeutics and looks to support education and advancement of mRNA medicines MaxCyte continues supporting the advancement of novel therapeutics a...

6 months ago - GlobeNewsWire

MaxCyte Reports Third Quarter 2023 Financial Results and Reiterates Full Year 2023 Revenue Guidance

ROCKVILLE, Md., Nov. 08, 2023 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discover...

6 months ago - GlobeNewsWire

MaxCyte to Participate in Two Upcoming Investor Conferences

ROCKVILLE, Md., Nov. 06, 2023 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discover...

6 months ago - GlobeNewsWire

MaxCyte Announces Preliminary Third Quarter 2023 Revenue and Updates Full Year 2023 Revenue Guidance

MaxCyte Announces Preliminary Third Quarter 2023 Revenue and Updates Full Year 2023 Revenue Guidance ROCKVILLE, MD, October 4, 2023 — MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineer...

7 months ago - GlobeNewsWire

MaxCyte Appoints Ali Soleymannezhad as Executive Vice President of Bioprocessing

ROCKVILLE, Md., Sept. 06, 2023 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (Nasdaq: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discove...

8 months ago - GlobeNewsWire

MaxCyte to Participate in Baird Global Healthcare Conference

ROCKVILLE, Md., Sept. 05, 2023 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading commercial cell-engineering company focused on providing enabling platform technologies to advanc...

8 months ago - GlobeNewsWire

MaxCyte Reports Second Quarter and Half-Year 2023 Financial Results and Updates Full Year 2023 Guidance

MaxCyte Reports Second Quarter and Half-Year 2023 Financial Results and Updates Full Year 2023 Guidance

9 months ago - GlobeNewsWire

MaxCyte Signs Strategic Platform License with Prime Medicine to Advance Next-Generation Gene Editing Therapies for Patients

Prime Medicine to use MaxCyte's Flow Electroporation® technology and ExPERT™ platform to advance their innovative Prime Editing technology and develop a new class of one-time, potentially curative the...

9 months ago - GlobeNewsWire

MaxCyte to Report Second Quarter 2023 Financial Results on August 9, 2023

ROCKVILLE, Md., July 13, 2023 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discover...

10 months ago - GlobeNewsWire

MaxCyte and Vittoria Biotherapeutics Sign Strategic Platform License to Advance Next Generation Cellular Therapies

MaxCyte's Flow Electroporation® technology and ExPERT™ platform will support Vittoria's Senza5™ technology to enhance efficacy and improve clinical utility of T-cell therapies. MaxCyte's Flow Electrop...

10 months ago - GlobeNewsWire

MaxCyte Signs Strategic Platform License with Lyell Immunopharma

Lyell Immunopharma to use MaxCyte's Flow Electroporation® technology and ExPERT™ platform in its T cell product candidates targeting solid tumors.

10 months ago - GlobeNewsWire

MaxCyte Reports First Quarter 2023 Financial Results and Updates Full Year 2023 Guidance

ROCKVILLE, Md., May 10, 2023 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discovery...

1 year ago - GlobeNewsWire

MaxCyte Signs Strategic Platform License with Walking Fish Therapeutics to Support the Development of its Innovative B Cell Platform

Walking Fish to use MaxCyte's Flow Electroporation® technology and ExPERT™ platform to engineer novel B-cell based medicines for the treatment of serious diseases Walking Fish to use MaxCyte's Flow El...

1 year ago - GlobeNewsWire

MaxCyte to Report First Quarter 2023 Financial Results on May 10, 2023

ROCKVILLE, Md., April 12, 2023 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discove...

1 year ago - GlobeNewsWire