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CARGO Therapeutics NasdaqGS:CRGX Stock Report

Last Price

US$12.39

Market Cap

US$570.3m

7D

2.9%

1Y

-42.0%

Updated

20 Jan, 2025

Data

Company Financials +

CARGO Therapeutics, Inc.

NasdaqGS:CRGX Stock Report

Market Cap: US$570.3m

My Notes

Capture your thoughts, links and company narrative

CARGO Therapeutics, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for CARGO Therapeutics
Historical stock prices
Current Share PriceUS$12.39
52 Week HighUS$33.92
52 Week LowUS$10.91
Beta0
1 Month Change-16.85%
3 Month Change-41.03%
1 Year Change-42.02%
3 Year Changen/a
5 Year Changen/a
Change since IPO-14.73%

Recent News & Updates

Here's Why We're Not Too Worried About CARGO Therapeutics' (NASDAQ:CRGX) Cash Burn Situation

Nov 28
Here's Why We're Not Too Worried About CARGO Therapeutics' (NASDAQ:CRGX) Cash Burn Situation

Recent updates

Here's Why We're Not Too Worried About CARGO Therapeutics' (NASDAQ:CRGX) Cash Burn Situation

Nov 28
Here's Why We're Not Too Worried About CARGO Therapeutics' (NASDAQ:CRGX) Cash Burn Situation

CARGO Therapeutics (NASDAQ:CRGX) Is In A Good Position To Deliver On Growth Plans

May 10
CARGO Therapeutics (NASDAQ:CRGX) Is In A Good Position To Deliver On Growth Plans

Cargo Therapeutics: High Venture Interest But Still Early Days For This CAR-T Player

Jan 28

Shareholder Returns

CRGXUS BiotechsUS Market
7D2.9%-0.2%3.2%
1Y-42.0%-7.0%24.2%

Return vs Industry: CRGX underperformed the US Biotechs industry which returned -7% over the past year.

Return vs Market: CRGX underperformed the US Market which returned 24.2% over the past year.

Price Volatility

Is CRGX's price volatile compared to industry and market?
CRGX volatility
CRGX Average Weekly Movement11.7%
Biotechs Industry Average Movement11.2%
Market Average Movement6.5%
10% most volatile stocks in US Market18.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: CRGX's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: CRGX's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2019170Gina Chapmancargo-tx.com

CARGO Therapeutics, Inc., a clinical-stage biotechnology company, develops chimeric antigen receptor (CAR) T-cell therapies for cancer patients. The company’s lead program is CRG-022, an autologous CD22 CAR T-cell product candidate designed to address resistance mechanisms by targeting CD22, an alternate tumor antigen that is expressed in B-cell malignancies. It also develops CRG-023, a tri-specific CAR T product candidate that targets tumor cells with three B-cell antigen targets.

CARGO Therapeutics, Inc. Fundamentals Summary

How do CARGO Therapeutics's earnings and revenue compare to its market cap?
CRGX fundamental statistics
Market capUS$570.28m
Earnings (TTM)-US$154.14m
Revenue (TTM)n/a

0.0x

P/S Ratio

-3.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CRGX income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$154.14m
Earnings-US$154.14m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-3.35
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did CRGX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 14:35
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

CARGO Therapeutics, Inc. is covered by 8 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yevgeniya LivshitsChardan Capital Markets, LLC
Robert BurnsH.C. Wainwright & Co.
Michael YeeJefferies LLC