MaxCyte, Inc. (MXCT)

NASDAQ: MXCT · IEX Real-Time Price · USD
3.720
-0.110 (-2.87%)
At close: Jul 2, 2024, 4:00 PM
3.600
-0.120 (-3.23%)
After-hours: Jul 2, 2024, 4:07 PM EDT
-2.87%
Market Cap 388.90M
Revenue (ttm) 44.05M
Net Income (ttm) -36.57M
Shares Out 104.54M
EPS (ttm) -0.35
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 420,599
Open 3.830
Previous Close 3.830
Day's Range 3.680 - 3.855
52-Week Range 2.450 - 5.545
Beta 1.08
Analysts Strong Buy
Price Target 8.67 (+133.07%)
Earnings Date Aug 7, 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 133.07% from the latest price.

Price Target
$8.67
(133.07% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

4 weeks 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 ...

5 weeks ago - GlobeNewsWire

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...

2 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...

2 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...

3 months ago - GlobeNewsWire

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...

4 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...

4 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...

5 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...

5 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...

5 months ago - GlobeNewsWire

MaxCyte Announces Preliminary Unaudited Fourth Quarter and Full Year 2023 Financial Results

ROCKVILLE, Md., Jan. 08, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discover...

6 months ago - GlobeNewsWire

MaxCyte and Lion TCR form Partnership to Support Global Expansion of Lion TCR's TCR-T Cell Pipeline

Lion TCR to use MaxCyte's Flow Electroporation® technology and ExPERT™ platform to develop and scale TCR-T cell therapies for solid tumors and viral-related diseases. Lion TCR to use MaxCyte's Flow El...

6 months ago - GlobeNewsWire

MaxCyte Confirms Appointment of Maher Masoud as President, Chief Executive Officer and Director

ROCKVILLE, Md., Jan. 01, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discover...

6 months ago - GlobeNewsWire

MaxCyte Announces CEO Transition and Updates Revenue Guidance for 2023

Doug Doerfler, President and CEO, to Retire Effective December 31, 2023; will continue to serve as an advisor to MaxCyte

7 months ago - GlobeNewsWire

MaxCyte Joins the Alliance for mRNA Medicines (AMM) as a Founding Member

MaxCyte continues supporting the advancement of novel therapeutics and looks to support education and advancement of mRNA medicines MaxCyte continues supporting the advancement of novel therapeutics a...

8 months ago - GlobeNewsWire

MaxCyte Reports Third Quarter 2023 Financial Results and Reiterates Full Year 2023 Revenue Guidance

ROCKVILLE, Md., Nov. 08, 2023 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discover...

8 months ago - GlobeNewsWire

MaxCyte to Participate in Two Upcoming Investor Conferences

ROCKVILLE, Md., Nov. 06, 2023 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discover...

8 months ago - GlobeNewsWire

MaxCyte Announces Preliminary Third Quarter 2023 Revenue and Updates Full Year 2023 Revenue Guidance

MaxCyte Announces Preliminary Third Quarter 2023 Revenue and Updates Full Year 2023 Revenue Guidance ROCKVILLE, MD, October 4, 2023 — MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineer...

9 months ago - GlobeNewsWire

MaxCyte Appoints Ali Soleymannezhad as Executive Vice President of Bioprocessing

ROCKVILLE, Md., Sept. 06, 2023 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (Nasdaq: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discove...

10 months ago - GlobeNewsWire

MaxCyte to Participate in Baird Global Healthcare Conference

ROCKVILLE, Md., Sept. 05, 2023 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading commercial cell-engineering company focused on providing enabling platform technologies to advanc...

10 months ago - GlobeNewsWire

MaxCyte Reports Second Quarter and Half-Year 2023 Financial Results and Updates Full Year 2023 Guidance

MaxCyte Reports Second Quarter and Half-Year 2023 Financial Results and Updates Full Year 2023 Guidance

11 months ago - GlobeNewsWire

MaxCyte Signs Strategic Platform License with Prime Medicine to Advance Next-Generation Gene Editing Therapies for Patients

Prime Medicine to use MaxCyte's Flow Electroporation® technology and ExPERT™ platform to advance their innovative Prime Editing technology and develop a new class of one-time, potentially curative the...

1 year ago - GlobeNewsWire

MaxCyte to Report Second Quarter 2023 Financial Results on August 9, 2023

ROCKVILLE, Md., July 13, 2023 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discover...

1 year ago - GlobeNewsWire

MaxCyte and Vittoria Biotherapeutics Sign Strategic Platform License to Advance Next Generation Cellular Therapies

MaxCyte's Flow Electroporation® technology and ExPERT™ platform will support Vittoria's Senza5™ technology to enhance efficacy and improve clinical utility of T-cell therapies. MaxCyte's Flow Electrop...

1 year ago - GlobeNewsWire

MaxCyte Signs Strategic Platform License with Lyell Immunopharma

Lyell Immunopharma to use MaxCyte's Flow Electroporation® technology and ExPERT™ platform in its T cell product candidates targeting solid tumors.

1 year ago - GlobeNewsWire