CARGO Therapeutics, Inc. (CRGX)
NASDAQ: CRGX · Real-Time Price · USD
16.23
+0.50 (3.18%)
At close: Nov 22, 2024, 4:00 PM
15.95
-0.28 (-1.73%)
After-hours: Nov 22, 2024, 4:00 PM EST

CARGO Therapeutics Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for CARGO Therapeutics stock have an average target of 30.33, with a low estimate of 23 and a high estimate of 34. The average target predicts an increase of 86.88% from the current stock price of 16.23.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $23 $30.33 $32 $34
Change +41.71% +86.88% +97.17% +109.49%

Analyst Ratings

The average analyst rating for CRGX 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 244444
Buy 333333
Hold 000000
Sell 000000
Strong Sell 000000
Total 577777

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$33
Strong Buy Reiterates $33 +103.33% Nov 15, 2024
Chardan Capital
Chardan Capital
Strong Buy
Maintains
$28
Strong Buy Maintains $28 +72.52% Nov 13, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$37$34
Buy Maintains $37$34 +109.49% Aug 13, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$33
Strong Buy Reiterates $33 +103.33% Aug 13, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Initiates
$33
Strong Buy Initiates $33 +103.33% Jul 22, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
n/a
Revenue Next Year
850.00K
EPS This Year
-4.35
from -16.53
EPS Next Year
-4.75
from -4.35
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
----850.00K52.45M248.68M380.89M
Revenue Growth
-----6,070.61%374.13%53.16%
EPS
-38.38-104.40-16.53-4.35-4.75-4.18--
EPS Growth
--------
Forward PE
--------
No. Analysts ---99744
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High n/a 5.3M 192.7M
Avg n/a 849,997 52.5M
Low n/a n/a 6.9M

Revenue Growth

Revenue Growth 20242025202620272028
High - -
22,569.5%
Avg - -
6,070.6%
Low - -
707.1%

EPS Forecast

EPS 202420252026
High -4.07 -3.61 -3.54
Avg -4.35 -4.75 -4.18
Low -5.20 -6.04 -5.00

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.