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Cartesian Therapeutics NasdaqGM:RNAC Stock Report

Last Price

US$19.38

Market Cap

US$494.7m

7D

-0.2%

1Y

-13.9%

Updated

30 Jan, 2025

Data

Company Financials +

Cartesian Therapeutics, Inc.

NasdaqGM:RNAC Stock Report

Market Cap: US$494.7m

RNAC Stock Overview

A clinical-stage biotechnology company, engages in the provision of mRNA cell therapies for the treatment of autoimmune diseases. More details

RNAC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance0/6
Financial Health5/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Cartesian Therapeutics, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Cartesian Therapeutics
Historical stock prices
Current Share PriceUS$19.38
52 Week HighUS$41.87
52 Week LowUS$11.67
Beta0
1 Month Change8.21%
3 Month Change-1.52%
1 Year Change-13.87%
3 Year Changen/a
5 Year Changen/a
Change since IPO-39.63%

Recent News & Updates

Cartesian Therapeutics: Need To Wait For More Data For Its Novel mRNA Therapies

Jan 17

Risks Still Elevated At These Prices As Cartesian Therapeutics, Inc. (NASDAQ:RNAC) Shares Dive 33%

Jan 05
Risks Still Elevated At These Prices As Cartesian Therapeutics, Inc. (NASDAQ:RNAC) Shares Dive 33%

Recent updates

Cartesian Therapeutics: Need To Wait For More Data For Its Novel mRNA Therapies

Jan 17

Risks Still Elevated At These Prices As Cartesian Therapeutics, Inc. (NASDAQ:RNAC) Shares Dive 33%

Jan 05
Risks Still Elevated At These Prices As Cartesian Therapeutics, Inc. (NASDAQ:RNAC) Shares Dive 33%

Cartesian Therapeutics: Uncertainty Remains

Nov 10

Cartesian Therapeutics Seems A 'Strong Buy' After Positive Phase 2 Results

Sep 17

Cartesian: Further Value To Be Unlocked After Positive MG Treatment Data

Jul 02

Shareholder Returns

RNACUS BiotechsUS Market
7D-0.2%0.6%-0.5%
1Y-13.9%-3.8%24.3%

Return vs Industry: RNAC underperformed the US Biotechs industry which returned -3.1% over the past year.

Return vs Market: RNAC underperformed the US Market which returned 25.2% over the past year.

Price Volatility

Is RNAC's price volatile compared to industry and market?
RNAC volatility
RNAC Average Weekly Movement12.5%
Biotechs Industry Average Movement11.4%
Market Average Movement6.5%
10% most volatile stocks in US Market18.8%
10% least volatile stocks in US Market3.3%

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

Volatility Over Time: RNAC's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a38Carsten Brunnwww.cartesiantherapeutics.com

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; and Descartes-33 which is in preclinical development for treatment of autoimmune diseases.

Cartesian Therapeutics, Inc. Fundamentals Summary

How do Cartesian Therapeutics's earnings and revenue compare to its market cap?
RNAC fundamental statistics
Market capUS$494.70m
Earnings (TTM)-US$282.38m
Revenue (TTM)US$47.94m

10.4x

P/S Ratio

-1.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RNAC income statement (TTM)
RevenueUS$47.94m
Cost of RevenueUS$49.83m
Gross Profit-US$1.89m
Other ExpensesUS$280.49m
Earnings-US$282.38m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-10.98
Gross Margin-3.95%
Net Profit Margin-589.05%
Debt/Equity Ratio0%

How did RNAC perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 00:43
End of Day Share Price 2025/01/30 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

Cartesian Therapeutics, Inc. is covered by 9 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
Julian HarrisonBTIG
John NewmanCanaccord Genuity
Kristen KluskaCantor Fitzgerald & Co.