Cartesian Therapeutics, Inc. (RNAC)
NASDAQ: RNAC · Real-Time Price · USD
16.93
-2.85 (-14.41%)
At close: Nov 12, 2024, 4:00 PM
17.77
+0.84 (4.96%)
After-hours: Nov 12, 2024, 4:10 PM EST

Cartesian Therapeutics Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for RNAC stock have an average target of 40.8, with a low estimate of 39 and a high estimate of 43. The average target predicts an increase of 140.99% from the current stock price of 16.93.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $39 $40.8 $41 $43
Change +130.36% +140.99% +142.17% +153.99%

Analyst Ratings

The average analyst rating for RNAC stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 345555
Buy 211111
Hold 011111
Sell 000000
Strong Sell 000000
Total 567777

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$45$41
Strong Buy Maintains $45$41 +142.17% Nov 8, 2024
Needham
Needham
Strong Buy
Reiterates
$41
Strong Buy Reiterates $41 +142.17% Nov 8, 2024
Needham
Needham
Strong Buy
Reiterates
$41
Strong Buy Reiterates $41 +142.17% Oct 16, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$45
Strong Buy Reiterates $45 +165.80% Sep 13, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$45
Strong Buy Reiterates $45 +165.80% Sep 4, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
44.01M
from 26.00M
Increased by 69.22%
Revenue Next Year
7.48M
from 44.01M
Decreased by -83.00%
EPS This Year
-4.82
from -49.80
EPS Next Year
-3.61
from -4.82
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028
Period Ending Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027 Dec 31, 2028
Revenue
85.08M110.78M26.00M44.01M7.48M11.22M9.86M43.15M
Revenue Growth
-30.21%-76.53%69.22%-83.00%50.00%-12.12%337.59%
EPS
-6.742.98-49.80-4.82-3.61-4.48--
EPS Growth
--------
Forward PE
--------
No. Analysts ---98655
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 53.8M 25.2M 25.2M
Avg 44.0M 7.5M 11.2M
Low 38.5M n/a n/a

Revenue Growth

Revenue Growth 20242025202620272028
High
107.1%
-42.7%
236.9%
Avg
69.2%
-83.0%
50.0%
Low
48.1%
- -

EPS Forecast

EPS 202420252026
High -4.25 -1.71 -1.69
Avg -4.82 -3.61 -4.48
Low -4.93 -4.71 -6.05

EPS Growth

EPS Growth 202420252026
High - - -
Avg - - -
Low - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.