Cartesian Therapeutics, Inc. (RNAC)

NASDAQ: RNAC · IEX Real-Time Price · USD
21.03
+0.13 (0.62%)
At close: Apr 26, 2024, 4:00 PM
21.49
+0.46 (2.19%)
After-hours: Apr 26, 2024, 4:26 PM EDT
0.62%
Market Cap 373.91M
Revenue (ttm) 26.00M
Net Income (ttm) -219.71M
Shares Out 17.78M
EPS (ttm) -49.80
PE Ratio n/a
Forward PE 25.45
Dividend n/a
Ex-Dividend Date n/a
Volume 123,840
Open 20.98
Previous Close 20.90
Day's Range 20.71 - 21.74
52-Week Range 11.67 - 42.60
Beta 0.83
Analysts Strong Buy
Price Target 27.67 (+31.57%)
Earnings Date May 10, 2024

About RNAC

Cartesian Therapeutics, Inc., a clinical-stage biotechnology company, engages in the provision of mRNA cell therapies for the treatment of autoimmune diseases. It develops Descartes-08, an autologous anti-BCMA RNA-engineered chimeric antigen receptor T-cell therapy, currently under Phase 2b clinical development for generalized myasthenia gravis, as well as for patients with systemic lupus erythematosus, and myeloma autoimmune basket trials for other autoimmune diseases. The company develops Descartes-15 to treat Autoimmune diseases, myeloma; an... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jun 22, 2016
Employees 37
Stock Exchange NASDAQ
Ticker Symbol RNAC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for RNAC stock is "Strong Buy." The 12-month stock price forecast is $27.67, which is an increase of 31.57% from the latest price.

Price Target
$27.67
(31.57% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Cartesian Therapeutics to Present at the ASGCT 27th Annual Meeting

GAITHERSBURG, Md.--(BUSINESS WIRE)--Cartesian Therapeutics, Inc. (NASDAQ:RNAC) (the “Company”), a clinical-stage biotechnology company pioneering mRNA cell therapy for autoimmune diseases, today annou...

4 days ago - Business Wire

Cartesian Therapeutics to Participate in the 23rd Annual Needham Virtual Healthcare Conference

GAITHERSBURG, Md.--(BUSINESS WIRE)--Cartesian Therapeutics, Inc. (NASDAQ:RNAC) (the “Company”), a clinical-stage biotechnology company pioneering mRNA cell therapy for autoimmune diseases, today annou...

23 days ago - Business Wire

Cartesian Therapeutics Announces New Employment Inducement Grants

GAITHERSBURG, Md.--(BUSINESS WIRE)--Cartesian Therapeutics, Inc. (NASDAQ: RNAC) (the “Company”), a clinical-stage biotechnology company developing mRNA cell therapies for the treatment of autoimmune d...

23 days ago - Business Wire

Cartesian Therapeutics Announces Approval of Conversion of Series A Convertible Preferred Stock and Plans to Effect Reverse Stock Split

Proposals approved at Company's special meeting of stockholders held March 27, 2024 Proposals approved at Company's special meeting of stockholders held March 27, 2024

4 weeks ago - GlobeNewsWire

Cartesian Therapeutics Reports Full Year 2023 Financial Results and Provides Business Update

Topline data from Phase 2b study of Descartes-08, the Company's potential first-in-class mRNA CAR-T cell therapy, in myasthenia gravis (MG) remains on track for mid-2024

7 weeks ago - GlobeNewsWire

Cartesian Therapeutics to Participate in Upcoming Investor Conferences

GAITHERSBURG, Md., March 06, 2024 (GLOBE NEWSWIRE) -- Cartesian Therapeutics, Inc. (NASDAQ:RNAC) (the “Company”), a clinical-stage biotechnology company pioneering mRNA cell therapy for autoimmune dis...

7 weeks ago - GlobeNewsWire

Cartesian Therapeutics Announces New Employment Inducement Grant

GAITHERSBURG, Md., March 05, 2024 (GLOBE NEWSWIRE) -- Cartesian Therapeutics, Inc. (NASDAQ: RNAC) (the “Company”), a clinical-stage biotechnology company developing mRNA cell therapies for the treatme...

7 weeks ago - GlobeNewsWire

Cartesian Therapeutics Establishes New Corporate Headquarters and State-of-the-Art mRNA Cell Therapy cGMP Manufacturing Facility in Frederick, Maryland

New facility expected to support expanded cGMP manufacturing of clinical and commercial supply of Company's pipeline of mRNA cell therapies for the treatment of autoimmune diseases

7 weeks ago - GlobeNewsWire

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Cartesian Therapeutics, Inc. (NASDAQ: RNAC) and Encourages Investors to Contact the Firm

PHILADELPHIA , Jan. 18, 2024 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Cartesian Therapeutics, Inc. (NASDAQ: RNAC) ("Cartesian"), formerly known as Selecta Biosciences, Inc. (...

3 months ago - PRNewsWire