Cabaletta Bio, Inc. (CABA)

NASDAQ: CABA · Real-Time Price · USD
2.380
+0.070 (3.03%)
At close: Dec 20, 2024, 4:00 PM
2.400
+0.020 (0.84%)
After-hours: Dec 20, 2024, 7:33 PM EST
3.03%
Market Cap 116.33M
Revenue (ttm) n/a
Net Income (ttm) -104.16M
Shares Out 48.88M
EPS (ttm) -2.16
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,803,222
Open 2.270
Previous Close 2.310
Day's Range 2.235 - 2.510
52-Week Range 1.760 - 26.350
Beta 2.37
Analysts Strong Buy
Price Target 27.22 (+1,043.7%)
Earnings Date Nov 14, 2024

About CABA

Cabaletta Bio, Inc., a clinical-stage biotechnology company, focuses on the discovery and development of engineered T cell therapies for patients with B cell-mediated autoimmune diseases. The company’s lead product candidate is CABA-201, a fully human anti-CD19 binder for the treatment of Phase 1/2 clinical trials in dermatomyositis, anti-synthetase syndrome, immune-mediated necrotizing myopathy, lupus nephritis, non-renal systemic lupus erythematosus, systemic sclerosis, and generalized myasthenia gravis. It also develops DSG3-CAART, which is ... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Oct 25, 2019
Employees 103
Stock Exchange NASDAQ
Ticker Symbol CABA
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for CABA stock is "Strong Buy." The 12-month stock price forecast is $27.22, which is an increase of 1,043.70% from the latest price.

Price Target
$27.22
(1,043.70% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Cabaletta: Biotech With Large Potential, Interesting Bottom Pattern, Plenty Of Cash

I am buying Cabaletta Bio shares as a speculative play on upcoming clinical trial updates for innovative CAR-T therapies. Despite high volatility in 2024 and the potential for total investment loss, t...

2 months ago - Seeking Alpha

Cabaletta Bio to Present New and Updated Clinical Data on CABA-201 in Oral and Poster Presentations at ACR Convergence 2024

PHILADELPHIA, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapi...

3 months ago - GlobeNewsWire

Cabaletta Bio to Participate in Upcoming Investor Conferences in September

PHILADELPHIA, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapie...

4 months ago - GlobeNewsWire

Cabaletta Bio Reports Second Quarter 2024 Financial Results and Provides Business Update

– Nine patients enrolled as of August 5, 2024 across the RESET™ clinical development program, including four since EULAR in June, with 22 U.S. clinical sites now enrolling –

4 months ago - GlobeNewsWire

Cabaletta Bio to Participate in the Stifel 2024 Virtual Cell Therapy Forum

PHILADELPHIA, July 02, 2024 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapie...

6 months ago - GlobeNewsWire

Cabaletta Bio: Next Data Readout Needs To Be Mic Drop Moment

Cabaletta Bio focuses on autoimmune diseases with a potential best-in-class cell therapy, CABA-201, showing promise in early studies. It's stock price rose >$25 due to positive data produced by a drug...

6 months ago - Seeking Alpha

Cabaletta Bio Reports Positive Initial Clinical Data from Phase 1/2 RESET-Myositis™ and RESET-SLE™ Trials of CABA-201

– No CRS, ICANS, infections or serious adverse events observed in either of the first two patients through data cut-off of May 28, 2024 –

6 months ago - GlobeNewsWire

Cabaletta Bio Reports First Quarter 2024 Financial Results and Provides Business Update

– No CRS or ICANS of any grade observed during the 28-day DLT observation window for either of the first patients dosed with CABA-201 in the RESET-Myositis™ and RESET-SLE™ trials –

7 months ago - GlobeNewsWire

Cabaletta Bio to Participate in the H.C. Wainwright 2nd Annual BioConnect Investor Conference at NASDAQ

PHILADELPHIA, May 13, 2024 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapies...

7 months ago - GlobeNewsWire

Cabaletta Bio Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update

– First patient dosed with CABA-201 in the RESET™ (REstoring SElf-Tolerance) clinical trial program – – Initial clinical data from each of the first patients in the RESET-Myositis™ and RESET-SLE™ tria...

9 months ago - GlobeNewsWire

Cabaletta Bio to Participate in Upcoming Investor Conferences in March

PHILADELPHIA, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapie...

10 months ago - GlobeNewsWire

Cabaletta Bio Announces FDA Granted Orphan Drug Designation to CABA-201 for Treatment of Myositis

PHILADELPHIA, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapie...

11 months ago - GlobeNewsWire

Cabaletta Bio to Participate in the Guggenheim Healthcare Talks 6th Annual Biotechnology Conference

PHILADELPHIA, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapie...

11 months ago - GlobeNewsWire

Cabaletta Bio: Two Differentiated CAR-T Platforms To Carry It Forward

Initial data from the phase 1/2 study, using CABA-201 for the treatment of patients with systemic lupus erythematosus [both renal and non-renal], is expected in the 1st half of 2024. Initial data from...

11 months ago - Seeking Alpha

Cabaletta Bio to Present at the 42nd Annual J.P. Morgan Healthcare Conference

PHILADELPHIA, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapie...

1 year ago - GlobeNewsWire

Cabaletta Bio: Expanding The Success Of CAR-T Beyond Oncology

Cabaletta Bio is developing targeted cellular therapies for autoimmune diseases, including systemic lupus erythematous and myositis. Their lead program, CABA-201, is a CD19 chimeric antigen receptor (...

1 year ago - Seeking Alpha

Buy Cabaletta Bio's Promising SLE Treatment

Cabaletta Bio is a biotech company with promising CARTA and CAART therapies for autoimmune diseases. Their main research project, CABA-201, targets patients suffering from SLE, opening up a huge marke...

1 year ago - Seeking Alpha

Cabaletta Bio to Participate in the 6th Annual Evercore ISI HealthCONx Conference

PHILADELPHIA, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapie...

1 year ago - GlobeNewsWire

Cabaletta Bio's and Gracell's stock falls sharply as FDA investigates risks of CAR-T therapy

Shares of Cabaletta Bio Inc. CABA, Gracell Biotechnologies Inc. GRCL and other smaller biotech companies involved in developing CAR-T cell therapies plunged Tuesday after the Food and Drug Administrat...

1 year ago - Market Watch

Cabaletta Bio Reports Third Quarter 2023 Financial Results and Provides Business Update

– Initial clinical data from CABA-201 treated patients in Phase 1/2 trials for lupus and/or myositis expected in the first half of 2024, with the first lupus clinical site actively recruiting patients...

1 year ago - GlobeNewsWire

Cellares and Cabaletta Bio Partner to Evaluate Automated Manufacturing for CABA-201, Cabaletta's CD19-CAR T Cell Therapy on Cellares' Cell Shuttle Platform

SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Cellares, the first Integrated Development and Manufacturing Organization (IDMO) dedicated to clinical and industrial-scale cell therapy manufacturing, an...

1 year ago - Business Wire

Cabaletta Bio to Participate in Multiple Upcoming Investor Conferences in November

PHILADELPHIA, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapie...

1 year ago - GlobeNewsWire

Cabaletta Bio: How Long Can Unique Cell Therapy Developer's Sensational Bull Run Continue?

Cabaletta Bio stock has experienced a significant bull run, rising over 2,100% in the past year. The company's focus on autoimmune conditions with a validated cell therapy approach, rather than oncolo...

1 year ago - Seeking Alpha

Cabaletta Bio to Participate in Multiple Upcoming Investor Conferences in September

PHILADELPHIA, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapie...

1 year ago - GlobeNewsWire

Cabaletta Bio Reports Second Quarter 2023 Financial Results and Provides Business Update

– Received second IND application clearance for CABA-201 in myositis as well as Fast Track Designation in SLE and LN –

1 year ago - GlobeNewsWire