Carisma Therapeutics, Inc. (CARM)
NASDAQ: CARM · Real-Time Price · USD
0.823
-0.025 (-2.98%)
Nov 22, 2024, 4:00 PM EST - Market closed

Carisma Therapeutics Stock Forecast

CARM's stock price has decreased by -66.29% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 3 analysts with 12-month price forecasts for CARM stock have an average target of 12.67, with a low estimate of 6.00 and a high estimate of 24. The average target predicts an increase of 1,440.43% from the current stock price of 0.82.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $6.00 $12.67 $8.00 $24
Change +629.48% +1440.4% +872.64% +2817.9%

Analyst Ratings

The average analyst rating for CARM stock from 3 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 222233
Buy 222200
Hold 000000
Sell 000000
Strong Sell 000000
Total 444433

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
D. Boral Capital
D. Boral Capital
Strong Buy
Maintains
$24
Strong Buy Maintains $24 +2,817.93% Nov 11, 2024
EF Hutton
EF Hutton
Strong Buy
Maintains
$24
Strong Buy Maintains $24 +2,817.93% Nov 7, 2024
EF Hutton
EF Hutton
Strong Buy
Initiates
$24
Strong Buy Initiates $24 +2,817.93% Oct 30, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$8
Strong Buy Reiterates $8 +872.64% Jun 28, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$8
Strong Buy Reiterates $8 +872.64% Jun 26, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
22.44M
from 14.92M
Increased by 50.40%
Revenue Next Year
19.92M
from 22.44M
Decreased by -11.20%
EPS This Year
-1.25
from -2.59
EPS Next Year
-0.92
from -1.25
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
--9.83M14.92M22.44M19.92M10.20M-
Revenue Growth
---51.71%50.40%-11.20%-48.81%-
EPS
-26.66-37.62-28.77-2.59-1.25-0.92-0.63-2.14
EPS Growth
--------
Forward PE
--------
No. Analysts ----7753
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 25.2M 26.3M 21.0M
Avg 22.4M 19.9M 10.2M
Low 19.0M 13.3M n/a

Revenue Growth

Revenue Growth 20242025202620272028
High
68.9%
17.0%
5.4%
Avg
50.4%
-11.2%
-48.8%
Low
27.4%
-40.6%
-

EPS Forecast

EPS 20242025202620272028
High -1.18 -0.60 -0.62
Avg -1.25 -0.92 -0.63
Low -1.26 -1.24 -0.63

EPS Growth

EPS Growth 20242025202620272028
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.