Carisma Therapeutics, Inc. (CARM)

NASDAQ: CARM · Real-Time Price · USD
0.862
-0.005 (-0.54%)
At close: Nov 20, 2024, 4:00 PM
0.870
+0.007 (0.83%)
Pre-market: Nov 21, 2024, 6:20 AM EST
-0.54%
Market Cap 36.01M
Revenue (ttm) 20.27M
Net Income (ttm) -63.80M
Shares Out 41.75M
EPS (ttm) -1.55
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 75,662
Open 0.870
Previous Close 0.867
Day's Range 0.850 - 0.870
52-Week Range 0.800 - 3.160
Beta n/a
Analysts Strong Buy
Price Target 12.67 (+1,369.16%)
Earnings Date Nov 7, 2024

About CARM

Carisma Therapeutics, Inc., a clinical-stage cell therapy company, focuses on discovering and developing immunotherapies to treat cancer and other serious diseases in the United States. The company’s ex vivo CAR-M cell therapies include CT-0508, a CAR-macrophage, which is in Phase 1 clinical trial to treat solid tumors; CT-0525, a CAR-monocyte that is in Phase 1 clinical trial to treat solid tumors; and CT-1119, a mesothelin-targeted CAR-Monocyte that is in pre-clinical stage to treat patients with advanced mesothelin-positive solid tumors, inc... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2016
Employees 107
Stock Exchange NASDAQ
Ticker Symbol CARM
Full Company Profile

Financial Performance

In 2023, Carisma Therapeutics's revenue was $14.92 million, an increase of 51.71% compared to the previous year's $9.83 million. Losses were -$86.88 million, 41.9% more than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CARM stock is "Strong Buy." The 12-month stock price forecast is $12.67, which is an increase of 1,369.16% from the latest price.

Price Target
$12.67
(1,369.16% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Carisma Therapeutics Presents Promising New Preclinical Data on Engineered Macrophages for the Treatment of Liver Fibrosis at AASLD The Liver Meeting® 2024

New preclinical results support the anti-fibrotic potential of engineered macrophages in multiple fibrosis models Engineered TIM4-expressing macrophages correct defective efferocytosis in MASH, demons...

4 days ago - PRNewsWire

Carisma Unveils Promising Pre-Clinical Data on Anti-GPC3 In Vivo CAR-M Therapy for Hepatocellular Carcinoma

New findings showcase the potential of in vivo CAR-M technology as an effective, off-the-shelf treatment for hepatocellular carcinoma (HCC) PHILADELPHIA , Nov. 8, 2024 /PRNewswire/ -- Carisma Therapeu...

Other symbols: MRNA
13 days ago - PRNewsWire

Carisma Therapeutics Reports Third Quarter 2024 Financial Results and Recent Business Highlights

Initial results from the Phase 1 study of CT-0525, lead product candidate, expected in the first quarter of 2025 Nomination of a development candidate for liver fibrosis program expected in the first ...

14 days ago - PRNewsWire

Carisma Therapeutics to Present New Data on Anti-GPC3 In Vivo CAR-M Therapy for Hepatocellular Carcinoma at SITC 2024

Pre-clinical data demonstrate robust anti-tumor activity and a novel off-the-shelf approach for GPC3+ solid tumors PHILADELPHIA , Nov. 5, 2024 /PRNewswire/ -- Carisma Therapeutics Inc. (Nasdaq: CARM) ...

Other symbols: MRNA
15 days ago - PRNewsWire

Carisma Therapeutics Announces Changes to its Board of Directors

Appointment of Sohanya Cheng Resignation of Michael Torok PHILADELPHIA , Oct. 30, 2024 /PRNewswire/ -- Carisma Therapeutics Inc. (Nasdaq: CARM) ("Carisma" or the "Company"), a clinical-stage biopharma...

21 days ago - PRNewsWire

Carisma Therapeutics Announces Upcoming Presentations at SITC 2024

PHILADELPHIA , Oct. 4, 2024 /PRNewswire/ -- Carisma Therapeutics Inc. (Nasdaq: CARM) ("Carisma" or the "Company"), a clinical-stage biopharmaceutical company focused on discovering and developing inno...

6 weeks ago - PRNewsWire

Carisma and Moderna Expand Collaboration to Develop Two In Vivo CAR-M Therapies for Autoimmune Diseases

Building on successful pre-clinical in vivo CAR-M data in oncology, the companies will develop in vivo CAR-M for autoimmune diseases Moderna nominated two autoimmune disease targets under the collabor...

Other symbols: MRNA
2 months ago - PRNewsWire

Carisma Therapeutics to Present at Upcoming Conferences

PHILADELPHIA , Sept. 3, 2024 /PRNewswire/ -- Carisma Therapeutics Inc. (Nasdaq: CARM) ("Carisma" or the "Company"), a clinical-stage biopharmaceutical company focused on discovering and developing inn...

2 months ago - PRNewsWire

Carisma Therapeutics Reports Second Quarter 2024 Financial Results and Recent Business Highlights

Initial data for CT-0525, lead product candidate for anti-HER2 program, expected by year-end 2024 Nomination of a development candidate for liver fibrosis program expected in the first quarter of 2025...

3 months ago - PRNewsWire

Carisma Therapeutics Announces Upcoming Presentation at the American Association for the Study of Liver Diseases (AASLD) The Liver Meeting® 2024

PHILADELPHIA , Aug. 6, 2024 /PRNewswire/ -- Carisma Therapeutics Inc. (Nasdaq: CARM) ("Carisma" or the "Company"), a clinical-stage biopharmaceutical company focused on discovering and developing inno...

3 months ago - PRNewsWire

Carisma Therapeutics Announces Expansion of Its Scientific Advisory Board

Company appoints renowned key opinion leaders in liver fibrosis, Scott Friedman, MD, and Ira Tabas, MD, PhD  PHILADELPHIA , Aug. 6, 2024 /PRNewswire/ -- Carisma Therapeutics Inc. (Nasdaq: CARM) ("Cari...

3 months ago - PRNewsWire

Carisma Therapeutics Announces Nomination of First In Vivo CAR-M Development Candidate for Hepatocellular Carcinoma Under Collaboration with Moderna

Development Candidate targets Glypican-3 for the treatment of solid tumors, including hepatocellular carcinoma Nomination triggers a $2 million milestone payment to Carisma PHILADELPHIA , June 27, 202...

5 months ago - PRNewsWire

Carisma Therapeutics Granted FDA Fast Track Designation for CT-0525 for the Treatment of HER2-overexpressing Solid Tumors

Fast Track designation highlights potential for CT-0525 to address unmet need for patients with solid tumors Initial Phase 1 data expected by year-end 2024 PHILADELPHIA , June 25, 2024 /PRNewswire/ --...

5 months ago - PRNewsWire

Carisma Therapeutics to Participate in the Stifel 2024 Cell Therapy Forum

PHILADELPHIA , June 25, 2024 /PRNewswire/ -- Carisma Therapeutics Inc. (Nasdaq: CARM) ("Carisma" or the "Company"), a clinical-stage biopharmaceutical company focused on discovering and developing inn...

5 months ago - PRNewsWire

Carisma Therapeutics Announces Adjournment of Annual Meeting of Stockholders

Meeting will be reconvened on Friday, June 14, 2024 at 10:00 a.m. Eastern Time  PHILADELPHIA , June 13, 2024 /PRNewswire/ -- Carisma Therapeutics Inc. (Nasdaq: CARM) ("Carisma" or the "Company"), a cl...

5 months ago - PRNewsWire

Carisma Therapeutics to Participate in the Jefferies Global Healthcare Conference

PHILADELPHIA , May 30, 2024 /PRNewswire/ -- Carisma Therapeutics Inc. (Nasdaq: CARM) ("Carisma" or the "Company"), a clinical-stage biopharmaceutical company focused on discovering and developing inno...

6 months ago - PRNewsWire

Carisma Therapeutics Announces First Patient Dosed in Phase 1 Clinical Trial of CT-0525, a Novel HER2-Targeting CAR-Monocyte

CT-0525 is the first CAR-Monocyte to be evaluated in humans in the solid tumor setting Initial data expected by year-end 2024 PHILADELPHIA , May 16, 2024 /PRNewswire/ -- Carisma Therapeutics Inc. (Nas...

6 months ago - PRNewsWire

Carisma Therapeutics Reports First Quarter 2024 Financial Results and Recent Business Highlights

Announced CT-0525 as lead product candidate for anti-HER2 program; initial data expected by year-end 2024 Presented preclinical proof of concept data in liver fibrosis at ASGCT; expects to nominate a ...

7 months ago - PRNewsWire

Carisma Therapeutics Presents Preclinical Proof of Concept Data Demonstrating the Anti-Fibrotic Potential of Engineered Macrophages at ASGCT 2024

Novel anti-fibrotic engineered macrophage therapy reduced liver fibrosis in preclinical models Development candidate nomination expected in the first quarter of 2025 PHILADELPHIA , May 8, 2024 /PRNews...

7 months ago - PRNewsWire

Carisma Therapeutics to Participate in The Citizens JMP Life Sciences Conference

PHILADELPHIA , May 6, 2024 /PRNewswire/ -- Carisma Therapeutics Inc. (Nasdaq: CARM) ("Carisma" or the "Company"), a clinical-stage biopharmaceutical company focused on discovering and developing innov...

7 months ago - PRNewsWire

Carisma Therapeutics Appoints Dr. Eugene P. Kennedy as Chief Medical Officer

Industry veteran with expertise in oncology and immuno-oncology and a strong track record of advancing programs through clinical development PHILADELPHIA , May 2, 2024 /PRNewswire/ -- Carisma Therapeu...

7 months ago - PRNewsWire

Carisma Therapeutics to Present New Data at the American Society of Gene and Cell Therapy (ASGCT) Annual Meeting

Preclinical data highlights the potential of engineered macrophage cell therapy as a treatment for liver and lung fibrosis Novel Redirected Soluble Modulator technology has demonstrated the potential ...

7 months ago - PRNewsWire

Carisma Therapeutics Provides Business Update and Reports Fourth Quarter and Full Year 2023 Financial Results

Company to prioritize CT-0525 as its anti-HER2 CAR-M product candidate and will cease further development of CT-0508 Other prioritized pipeline programs include the Company's in vivo CAR-M collaborati...

8 months ago - PRNewsWire

Carisma Announces Upcoming Presentations at the American Association for Cancer Research (AACR) Annual Meeting

PHILADELPHIA , March 21, 2024 /PRNewswire/ -- Carisma Therapeutics Inc. (Nasdaq: CARM) ("Carisma" or the "Company"), a clinical-stage biopharmaceutical company focused on discovering and developing in...

8 months ago - PRNewsWire

Carisma Therapeutics to Participate in TD Cowen's 44th Annual Health Care Conference

PHILADELPHIA , Feb. 28, 2024 /PRNewswire/ -- Carisma Therapeutics Inc. (Nasdaq: CARM) ("Carisma" or the "Company"), a clinical-stage biopharmaceutical company focused on discovering and developing inn...

9 months ago - PRNewsWire