MaxCyte, Inc. (MXCT)

NASDAQ: MXCT · IEX Real-Time Price · USD
3.11
-0.09 (-2.81%)
At close: Sep 22, 2023, 4:00 PM
3.18
+0.07 (2.25%)
After-hours: Sep 22, 2023, 5:30 PM EDT
-2.81%
Market Cap 336.47M
Revenue (ttm) 40.69M
Net Income (ttm) -32.64M
Shares Out 108.19M
EPS (ttm) -0.32
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 501,071
Open 3.20
Previous Close 3.20
Day's Range 3.10 - 3.24
52-Week Range 3.10 - 7.50
Beta 0.73
Analysts Buy
Price Target 12.00 (+285.85%)
Earnings Date Nov 8, 2023

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 125
Stock Exchange NASDAQ
Ticker Symbol MXCT
Full Company Profile

Financial Performance

In 2022, MaxCyte's revenue was $44.26 million, an increase of 30.59% compared to the previous year's $33.89 million. Losses were -$23.57 million, 23.5% more than in 2021.

Financial Statements

Analyst Forecast

According to one analyst, the rating for MXCT stock is "Buy" and the 12-month stock price forecast is $12.0.

Price Target
$12.0
(285.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

17 days 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...

18 days 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

6 weeks 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...

7 weeks 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...

2 months 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...

2 months 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.

2 months ago - GlobeNewsWire

MaxCyte Reports First Quarter 2023 Financial Results and Updates Full Year 2023 Guidance

ROCKVILLE, Md., May 10, 2023 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discovery...

4 months ago - GlobeNewsWire

MaxCyte Signs Strategic Platform License with Walking Fish Therapeutics to Support the Development of its Innovative B Cell Platform

Walking Fish to use MaxCyte's Flow Electroporation® technology and ExPERT™ platform to engineer novel B-cell based medicines for the treatment of serious diseases Walking Fish to use MaxCyte's Flow El...

5 months ago - GlobeNewsWire

MaxCyte to Report First Quarter 2023 Financial Results on May 10, 2023

ROCKVILLE, Md., April 12, 2023 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discove...

5 months ago - GlobeNewsWire

MaxCyte Appoints Douglas Swirsky as Chief Financial Officer

ROCKVILLE, Md., March 27, 2023 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (Nasdaq: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discove...

6 months ago - GlobeNewsWire

MaxCyte Reports Fourth Quarter and Full Year 2022 Financial Results

31% Total Revenue Growth for Full Year 2022 including 26% Core Business Revenue Growth and $4.6 million in Program-related Revenue 31% Total Revenue Growth for Full Year 2022 including 26% Core Busine...

6 months ago - GlobeNewsWire

MaxCyte Establishes New Scientific Advisory Board Comprised of Globally Recognized Experts in Cell Engineering Enabling Technology

MaxCyte's Scientific Advisory Board will provide guidance to shape the technical direction of the company's innovation initiatives focused on the discovery, development and manufacturing of next-gener...

7 months ago - GlobeNewsWire

MaxCyte Announces Preliminary Unaudited Fourth Quarter and Full Year 2022 Revenue Results and Provides 2023 Revenue Guidance

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

7 months ago - GlobeNewsWire

MaxCyte to Report Fourth Quarter and Full Year 2022 Financial Results on March 15, 2023 and Participate in Upcoming Investor Conferences

ROCKVILLE, Md., Feb. 01, 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 Signs Strategic Platform License with Catamaran Bio to Support its CAR-NK Cell Therapy Programs

MaxCyte's Flow Electroporation® and ExPERT™ technologies to be used to enhance Catamaran's TAILWIND® platform for novel CAR-NK cell therapies MaxCyte's Flow Electroporation® and ExPERT™ technologies t...

9 months ago - GlobeNewsWire

MaxCyte Signs Strategic Platform License with Curamys to Enable Cell & Gene Therapies for the Treatment of Rare Intractable Diseases

Curamys to use MaxCyte's Flow Electroporation® technology and ExPERT™ platform to help advance its cell fusion technology. Curamys to use MaxCyte's Flow Electroporation® technology and ExPERT™ platfor...

10 months ago - GlobeNewsWire

MaxCyte Reports Third Quarter 2022 Financial Results

22% Year-Over-Year Core Business Revenue Growth in Third Quarter 2022

11 months ago - GlobeNewsWire

MaxCyte to Participate in Upcoming Investor Conferences

ROCKVILLE, Md., Nov. 02, 2022 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discover...

11 months ago - GlobeNewsWire

MaxCyte to Report Third Quarter 2022 Financial Results on November 9, 2022

ROCKVILLE, Md., Oct. 12, 2022 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading commercial cell-engineering company focused on providing enabling platform technologies to advance...

1 year ago - GlobeNewsWire

MaxCyte Signs Strategic Platform License with Vertex Pharmaceuticals to Advance CRISPR/Cas9-based Gene-editing Program

Vertex Pharmaceuticals will continue to use MaxCyte's Flow Electroporation® technology and ExPERT™ platform to support gene-edited cell therapy exa-cel, formerly known as CTX001™ for hemoglobinopathie...

1 year ago - GlobeNewsWire

MaxCyte Debuts New State-of-the-Art Headquarters in Maryland's I-270 Biotech Corridor

Expanded facilities illustrate MaxCyte's commitment to Montgomery County and the state of Maryland, building the life sciences community, and propelling local job opportunities.

1 year ago - GlobeNewsWire

MaxCyte to Participate in Morgan Stanley 20th Annual Global Healthcare Conference

ROCKVILLE, Md., Sept. 07, 2022 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading commercial cell-engineering company focused on providing enabling platform technologies to advanc...

1 year ago - GlobeNewsWire

MaxCyte Reports Second Quarter and Half-Year 2022 Financial Results

45% Year-Over-Year Core Business Revenue Growth in Second Quarter 2022

1 year ago - GlobeNewsWire

MaxCyte to Report Second Quarter 2022 Financial Results on August 10, 2022

GAITHERSBURG, Md., July 15, 2022 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading commercial cell-engineering company focused on providing enabling platform technologies to adva...

1 year ago - GlobeNewsWire