MaxCyte, Inc. (MXCT)

NASDAQ: MXCT · Real-Time Price · USD
3.490
+0.160 (4.80%)
Nov 20, 2024, 4:00 PM EST - Market closed
4.80%
Market Cap 349.27M
Revenue (ttm) 45.60M
Net Income (ttm) -35.74M
Shares Out 105.48M
EPS (ttm) -0.34
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 439,583
Open 3.330
Previous Close 3.330
Day's Range 3.295 - 3.500
52-Week Range 3.215 - 5.550
Beta 1.16
Analysts Strong Buy
Price Target 8.67 (+148.42%)
Earnings Date Nov 6, 2024

About MXCT

MaxCyte, Inc., a life sciences company, discovers, develops, and commercializes next-generation cell therapies in the United States and internationally. Its products include ExPERT ATx, a static electroporation instrument for small to medium scale transfection; ExPERT STx, a flow electroporation for protein production and drug development, as well as expression of therapeutic targets for cell-based assays; ExPERT GTx, a flow electroporation for large scale transfection in therapeutic applications; and ExPERT VLx for very large volume cell-engin... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Jul 30, 2021
Employees 143
Stock Exchange NASDAQ
Ticker Symbol MXCT
Full Company Profile

Financial Performance

In 2023, MaxCyte's revenue was $41.29 million, a decrease of -6.72% compared to the previous year's $44.26 million. Losses were -$37.92 million, 60.9% more than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for MXCT stock is "Strong Buy." The 12-month stock price forecast is $8.67, which is an increase of 148.42% from the latest price.

Price Target
$8.67
(148.42% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

MaxCyte Celebrates 25 Years of Innovation Driving Cell Engineering-Based Therapeutics

Since 1999, MaxCyte's non-viral cell engineering innovations have helped launch pioneering cell and gene therapy projects Since 1999, MaxCyte's non-viral cell engineering innovations have helped launc...

7 days ago - GlobeNewsWire

MaxCyte, Inc. (MXCT) Q3 2024 Earnings Call Transcript

MaxCyte, Inc. (MXCT) Q3 2024 Earnings Call Transcript

14 days ago - Seeking Alpha

MaxCyte Reports Third Quarter 2024 Financial Results and Updates Full Year 2024 Guidance

ROCKVILLE, Md., Nov. 06, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc. (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discovery...

14 days ago - GlobeNewsWire

MaxCyte to Participate in Two Upcoming Investor Conferences

ROCKVILLE, Md., Oct. 31, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (Nasdaq: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discover...

20 days ago - GlobeNewsWire

MaxCyte Appoints Cynthia Collins to its Board of Directors

ROCKVILLE, Md., Oct. 15, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (Nasdaq: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discover...

5 weeks ago - GlobeNewsWire

MaxCyte to Report Third Quarter 2024 Financial Results on November 6, 2024

ROCKVILLE, Md., Oct. 11, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discover...

5 weeks ago - GlobeNewsWire

MaxCyte Appoints Ali Soleymannezhad as Chief Commercial Officer

ROCKVILLE, Md., Oct. 10, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (Nasdaq: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discover...

5 weeks ago - GlobeNewsWire

Maxcyte: Reaching Financial Inflection With CASGEVY Ramp Up

MaxCyte, Inc.'s stock performance has been disappointing since its 2021 IPO, despite positive business developments and a 34% revenue growth. The company faces high capital requirements for modest rev...

6 weeks ago - Seeking Alpha

MaxCyte Signs Strategic Platform License with Kamau Therapeutics to Accelerate the Development of Cell Therapies for Genetic Diseases

Kamau to use MaxCyte's Flow Electroporation® technology and ExPERT™ platform to support its homology-directed repair (HDR) novel gene correction technology Kamau to use MaxCyte's Flow Electroporation®...

2 months ago - GlobeNewsWire

MaxCyte to Participate in Virtual Craig-Hallum Capital Group Bioprocessing Conference

ROCKVILLE, Md., Sept. 05, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discove...

2 months ago - GlobeNewsWire

MaxCyte, Inc. (MXCT) Q2 2024 Earnings Call Transcript

MaxCyte, Inc. (NASDAQ:MXCT) Q2 2024 Earnings Call August 6, 2024 4:30 PM ET Company Participants Scott Feinberg - Investor Relations Maher Masoud - President and Chief Executive Officer Doug Swirsky ...

3 months ago - Seeking Alpha

MaxCyte Reports Second Quarter and Half-Year 2024 Financial Results and Updates Full Year 2024 Guidance

ROCKVILLE, Md., Aug. 06, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discover...

3 months ago - GlobeNewsWire

MaxCyte to Report Second Quarter 2024 Financial Results on August 6, 2024

ROCKVILLE, Md., July 09, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discover...

4 months ago - GlobeNewsWire

MaxCyte to Participate in William Blair 44th Annual Growth Stock Conference

ROCKVILLE, Md., May 29, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discovery...

6 months ago - GlobeNewsWire

MaxCyte Signs Strategic Platform License Agreement with Legend Biotech to Accelerate Cell Therapy Discovery and Development

Legend Biotech obtains license to use MaxCyte's Flow Electroporation® technology and ExPERT™ platform to support its non-viral engineered pipeline portfolio across a variety of cell types including T ...

6 months ago - GlobeNewsWire

MaxCyte, Inc. (MXCT) Q1 2024 Earnings Call Transcript

MaxCyte, Inc. (NASDAQ:MXCT) Q1 2024 Earnings Call Transcript May 7, 2024 4:30 PM ET Company Participants Erik Abdow - Investor Relations Maher Masoud - President & Chief Executive Officer Douglas Swi...

6 months ago - Seeking Alpha

MaxCyte Reports First Quarter 2024 Financial Results and Updates 2024 Guidance

ROCKVILLE, Md., May 07, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discovery...

7 months ago - GlobeNewsWire

MaxCyte to Report First Quarter 2024 Financial Results on May 7, 2024

ROCKVILLE, Md., April 10, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discove...

8 months ago - GlobeNewsWire

MaxCyte Signs Strategic Platform License with Be Biopharma to Support the Development of Engineered B Cell Medicines (BCMs)

Be Biopharma to use MaxCyte's Flow Electroporation® technology and ExPERT™ platform within its Engineered B Cell Medicines programs Be Biopharma to use MaxCyte's Flow Electroporation® technology and E...

8 months ago - GlobeNewsWire

MaxCyte, Inc. (MXCT) Q4 2023 Earnings Call Transcript

MaxCyte, Inc. (MXCT) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

MaxCyte Reports Fourth Quarter and Full Year 2023 Financial Results and Reiterates 2024 Guidance

ROCKVILLE, Md., March 12, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discove...

9 months ago - GlobeNewsWire

MaxCyte Initiates Full Year 2024 Guidance and Reaffirms 2023 Preliminary Results

ROCKVILLE, Md., March 04, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discove...

9 months ago - GlobeNewsWire

MaxCyte to Report Fourth Quarter and Full Year 2023 Financial Results on March 12, 2024 and Participate in Upcoming Investor Conferences

ROCKVILLE, Md., Feb. 09, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discover...

10 months ago - GlobeNewsWire

MaxCyte and Wugen Sign Strategic Platform License to Expedite Scale-Up of Clinical and Commercial Manufacturing of Wugen's Investigational Allogeneic, Off-the-Shelf Cell Therapies for Cancers

Wugen to use MaxCyte's Flow Electroporation® technology and ExPERT™ platform to support its programs for hematologic and solid tumor cancers Wugen to use MaxCyte's Flow Electroporation® technology and...

10 months ago - GlobeNewsWire

MaxCyte Signs Strategic Platform License with Imugene to Advance their Cancer Immunotherapy Programs

Imugene using MaxCyte's Flow Electroporation® technology and ExPERT™ platform to support azer-cel – a potential first-in-class allogeneic CD19 CAR T product candidate for the treatment of blood cancer...

10 months ago - GlobeNewsWire