Cartesian Therapeutics, Inc. (RNAC)

NASDAQ: RNAC · Real-Time Price · USD
6.85
+0.99 (16.89%)
At close: Jun 9, 2026, 4:00 PM EDT
6.69
-0.16 (-2.34%)
After-hours: Jun 9, 2026, 7:58 PM EDT
Market Cap201.26M -15.2%
Revenue (ttm)1.78M -94.8%
Net Income-151.77M
EPS-5.79
Shares Out 29.38M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume3,494,442
Open7.01
Previous Close5.86
Day's Range6.59 - 9.33
52-Week Range5.60 - 15.57
Beta0.78
AnalystsStrong Buy
Price Target34.57 (+404.67%)
Earnings DateApr 30, 2026

About RNAC

Cartesian Therapeutics, Inc., a clinical-stage biotechnology company, provides mRNA cell therapies for the treatment of autoimmune diseases. The company’s lead product candidate is Descartes-08, an autologous mRNA chimeric antigen receptor T-cell cell therapy (CAR-T) directed against the B cell maturation antigen (BCMA), which is in Phase 2b clinical trials for the treatment of autoimmune diseases, generalized myasthenia gravis, and systemic lupus erythematosus, as well as rare pediatric disease designation for the treatment of juvenile dermato... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jun 22, 2016
Employees 75
Stock Exchange NASDAQ
Ticker Symbol RNAC
Full Company Profile

Financial Performance

In 2025, Cartesian Therapeutics's revenue was $2.80 million, a decrease of -92.81% compared to the previous year's $38.91 million. Losses were -$130.30 million, 68.3% more than in 2024.

Financial Statements

Analyst Summary

According to 8 analysts, the average rating for RNAC stock is "Strong Buy." The 12-month stock price target is $34.57, which is an increase of 404.67% from the latest price.

Price Target
$34.57
(404.67% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Cartesian Therapeutics Announces Strategic Licensing Agreement with WestGene Biopharma to Accelerate the Development of In Vivo CAR-T Platform in Autoimmune Diseases

WestGene's established targeted LNP platform combined with Cartesian's mRNA payload from Descartes-08 integrates two independently, clinically tested technologies for rapid clinical translation Plans ...

17 hours ago - GlobeNewsWire

Cartesian Therapeutics secures up to $150M financing from K2 HealthVentures

Cartesian Therapeutics (RNAC) announced that it has entered into an agreement with K2 HealthVentures, an alternative investment firm that provides flexible, long-term financing solutions in life scien...

14 days ago - TheFly

Cartesian Therapeutics Secures up to $150 Million of Non-Dilutive Financing from K2 HealthVentures and Expects Topline Data from the Phase 3 AURORA Trial in First Quarter 2027

Secured up to $150 million of non-dilutive financing from K2 HealthVentures; funding of $50 million from initial tranche extends cash runway into 2028

14 days ago - GlobeNewsWire

Cartesian Therapeutics to Participate in the H.C. Wainwright 4th Annual BioConnect Investor Conference at NASDAQ

FREDERICK, Md., May 12, 2026 (GLOBE NEWSWIRE) -- Cartesian Therapeutics, Inc. (NASDAQ: RNAC) (the “Company”), a late clinical-stage biotechnology company pioneering cell therapy for autoimmune disease...

4 weeks ago - GlobeNewsWire

Cartesian Therapeutics price target lowered to $25 from $30 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on Cartesian Therapeutics (RNAC) to $25 from $30 and keeps a Buy rating on the shares. The firm delayed the company’s launch timing…

4 weeks ago - TheFly

Cartesian Therapeutics Announces New Employment Inducement Grants

FREDERICK, Md., May 04, 2026 (GLOBE NEWSWIRE) -- Cartesian Therapeutics, Inc. (NASDAQ: RNAC) (the “Company”), a late clinical-stage biotechnology company pioneering cell therapy for autoimmune disease...

5 weeks ago - GlobeNewsWire

Cartesian Therapeutics Reports First Quarter 2026 Financial Results and Provides Business Update

Enrollment continues to progress in Phase 3 AURORA trial of Descartes-08 in myasthenia gravis  Phase 2 TRITON trial of Descartes-08 in dermatomyositis and antisynthetase syndrome initiated Multiple pa...

5 weeks ago - GlobeNewsWire

Cartesian Therapeutics Quarterly report: Q1 2026

Cartesian Therapeutics has published its Q1 2026 quarterly earnings report on April 30, 2026.

5 weeks ago - Filings

Cartesian Therapeutics Earnings release: Q1 2026

Cartesian Therapeutics released its Q1 2026 earnings on April 30, 2026, summarizing the period's financial results.

5 weeks ago - Filings

Cartesian Therapeutics management to meet with BTIG

Meeting to be held in New York on April 30 at 6 pm hosted by BTIG.

6 weeks ago - TheFly

Cartesian Therapeutics Proxy statement: Proxy filing

Cartesian Therapeutics filed a proxy statement on April 28, 2026, providing details for shareholder voting and corporate governance matters.

6 weeks ago - Filings

Cartesian Therapeutics Proxy statement: Proxy filing

Cartesian Therapeutics filed a proxy statement on April 28, 2026, providing details for shareholder voting and corporate governance matters.

6 weeks ago - Filings

Cartesian Therapeutics upgraded to Overweight from Neutral at Cantor Fitzgerald

Cantor Fitzgerald upgraded Cartesian Therapeutics (RNAC) to Overweight from Neutral.

3 months ago - TheFly

Cartesian Therapeutics upgraded to Overweight from Neutral at Cantor Fitzgerald

Cantor Fitzgerald upgraded Cartesian Therapeutics (RNAC) to Overweight from Neutral with a $16 price target Cartesian had no major surprises in its Q4 earnings report, as catalyst timing remains the…

3 months ago - TheFly

Cartesian Therapeutics reports FY25 EPS ($5.02), consensus ($2.35)

Reports FY25 revenue $2.797M, consensus $1.97M. “Building on a productive year, we look forward to a potentially transformative 2026 as we advance Descartes-08 across several autoimmune indications,” ...

3 months ago - TheFly

Cartesian Therapeutics Earnings release: Q4 2025

Cartesian Therapeutics released its Q4 2025 earnings on March 9, 2026, summarizing the period's financial results.

3 months ago - Filings

Cartesian Therapeutics Annual report: Q4 2025

Cartesian Therapeutics has published its Q4 2025 annual report on March 9, 2026.

3 months ago - Filings

Cartesian Therapeutics Slides: Corporate presentation

Cartesian Therapeutics has posted slides in relation to its latest quarterly earnings report, which was published on March 5, 2026.

3 months ago - Filings

Cartesian Therapeutics highlights recent progress, outlines 2026

Cartesian Therapeutics (RNAC) highlighted its recent progress and outlined its 2026 strategic priorities across its cell therapy pipeline targeting autoimmune diseases. Descartes-08 Program Updates: E...

5 months ago - TheFly

Cartesian Therapeutics Highlights Recent Progress and Outlines 2026 Outlook

Enrollment on track in Phase 3 AURORA trial of Descartes-08 in myasthenia gravis  IND application for Descartes-08 in myositis accepted by FDA; seamless adaptive clinical trial offering potential oppo...

5 months ago - GlobeNewsWire

Cartesian Therapeutics Announces the Appointment of Adrian Bot to Board of Directors

FREDERICK, Md., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Cartesian Therapeutics, Inc. (NASDAQ: RNAC) (the “Company”), a clinical-stage biotechnology company pioneering cell therapy for autoimmune diseases, t...

6 months ago - GlobeNewsWire

H.C. Wainwright cuts Cartesian target, calls shares ‘mispriced’

H.C. Wainwright lowered the firm’s price target on Cartesian Therapeutics (RNAC) to $30 from $40 and keeps a Buy rating on the shares. The firm says Cartesian one of the…

7 months ago - TheFly

Cartesian Therapeutics price target raised to $44 from $42 at BTIG

BTIG raised the firm’s price target on Cartesian Therapeutics (RNAC) to $44 from $42 and keeps a Buy rating on the shares. The firm cites the company’s positive results disclosed…

7 months ago - TheFly

Cartesian announces positive initial data from Phase 2 SLE trial of Descartes-08

Cartesian Therapeutics (RNAC) announced positive initial data from its ongoing Phase 2 open-label trial of Descartes-08 in patients with systemic lupus erythematosus, or SLE. The company reported a 10...

7 months ago - TheFly

Cartesian Therapeutics reports Q3 EPS ($1.38) vs ($1.13) last year

Reports Q3 revenue $452k, consensus $177.56k. “As we approach the end of what has been a productive year of meaningful progress in our mission to deliver transformative therapies for patients…

7 months ago - TheFly