NASDAQ:RNAC Cartesian Therapeutics (RNAC) Stock Price, News & Analysis → Buy this small stock before coming AI Tidal Wave (From Chaikin Analytics) (Ad) Free RNAC Stock Alerts $26.43 +0.09 (+0.34%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$25.27▼$27.0650-Day Range$13.12▼$26.6552-Week Range$11.66▼$42.60Volume25,691 shsAverage Volume94,037 shsMarket Capitalization$141.14 millionP/E RatioN/ADividend YieldN/APrice Target$45.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Cartesian Therapeutics alerts: Email Address Cartesian Therapeutics MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside70.3% Upside$45.00 Price TargetShort InterestBearish6.12% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.88Based on 11 Articles This WeekInsider TradingAcquiring Shares$365,474 Bought Last QuarterProj. Earnings GrowthDecreasingFrom $1.71 to ($3.65) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.17 out of 5 starsMedical Sector571st out of 921 stocksPharmaceutical Preparations Industry261st out of 418 stocks 3.5 Analyst's Opinion Consensus RatingCartesian Therapeutics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageCartesian Therapeutics has only been the subject of 4 research reports in the past 90 days.Read more about Cartesian Therapeutics' stock forecast and price target. Previous Next 0.0 Short Interest Percentage of Shares Shorted6.12% of the float of Cartesian Therapeutics has been sold short.Short Interest Ratio / Days to CoverCartesian Therapeutics has a short interest ratio ("days to cover") of 12.6, which indicates bearish sentiment.Change versus previous monthShort interest in Cartesian Therapeutics has recently increased by 22.82%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCartesian Therapeutics does not currently pay a dividend.Dividend GrowthCartesian Therapeutics does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RNAC. Previous Next 2.7 News and Social Media Coverage News SentimentCartesian Therapeutics has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Cartesian Therapeutics this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 6 people have added Cartesian Therapeutics to their MarketBeat watchlist in the last 30 days. This is a decrease of -14% compared to the previous 30 days. Previous Next 5.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cartesian Therapeutics insiders have bought more of their company's stock than they have sold. Specifically, they have bought $365,474.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders31.20% of the stock of Cartesian Therapeutics is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions86.95% of the stock of Cartesian Therapeutics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Cartesian Therapeutics' insider trading history. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Cartesian Therapeutics are expected to decrease in the coming year, from $1.71 to ($3.65) per share.Read more about Cartesian Therapeutics' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad The Freeport SocietyBiden Nomination CANCELED?The Hill just published that Joe Biden has received enough delegates to…“clinch the Democratic presidential nomination and all but guaranteeing he will face off against former President Trump again in November.” Why is he all BUT guaranteed the Democratic nomination, in their words?I believe I have the terrifying answer right here. About Cartesian Therapeutics Stock (NASDAQ: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; and Descartes-33 which is in preclinical development for treatment of autoimmune diseases. Cartesian Therapeutics, Inc. is headquartered in Gaithersburg, Maryland.Read More RNAC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RNAC Stock News HeadlinesMay 17 at 3:33 PM | edition.cnn.comCartesian Therapeutics, Inc.May 13, 2024 | globenewswire.comCartesian Therapeutics to Participate in the H.C. Wainwright 2nd Annual BioConnect Investor Conference at NASDAQMay 13, 2024 | benzinga.comWhat Makes Cartesian Therapeutics, Inc. a New Buy StockMay 13, 2024 | americanbankingnews.comCartesian Therapeutics (NASDAQ:RNAC) Rating Reiterated by HC WainwrightMay 13, 2024 | americanbankingnews.comQ2 2024 EPS Estimates for Cartesian Therapeutics, Inc. Boosted by Analyst (NASDAQ:RNAC)May 12, 2024 | americanbankingnews.comCartesian Therapeutics, Inc. (NASDAQ:RNAC) Expected to Earn FY2028 Earnings of ($7.41) Per ShareMay 10, 2024 | markets.businessinsider.comBuy Rating Affirmed for Cartesian Therapeutics on Strong Clinical Progress and Strategic ExpansionMay 10, 2024 | finance.yahoo.comCartesian Therapeutics Inc (RNAC) Reports Q1 2024 Earnings: A Detailed Financial and ...May 10, 2024 | markets.businessinsider.comBuy Rating Affirmed on Cartesian Therapeutics with Promising Descartes-08 Therapy Outlook and Strong FinancialsMay 9, 2024 | finance.yahoo.comCartesian Therapeutics Reports First Quarter 2024 EarningsMay 8, 2024 | msn.comCartesian Therapeutics GAAP EPS of -$10.50, revenue of $5.84MMay 8, 2024 | investorplace.comRNAC Stock Earnings: Cartesian Therapeutics Misses EPS, Beats Revenue for Q1 2024May 8, 2024 | finanznachrichten.deCartesian Therapeutics, Inc.: Cartesian Therapeutics Reports First Quarter 2024 Financial Results and Provides Business UpdateMay 8, 2024 | globenewswire.comCartesian Therapeutics Reports First Quarter 2024 Financial Results and Provides Business UpdateMay 6, 2024 | businesswire.comCartesian Therapeutics Announces New Employment Inducement GrantsApril 23, 2024 | markets.businessinsider.comBuy Rating Affirmed for Cartesian Therapeutics: Promising CAR-T Therapy and Strategic Financial MovesApril 22, 2024 | businesswire.comCartesian Therapeutics to Present at the ASGCT 27th Annual MeetingApril 15, 2024 | msn.comMarinus Pharmaceuticals, Cartesian Therapeutics, Adial Pharmaceuticals among healthcare moversApril 4, 2024 | businesswire.comCartesian Therapeutics to Participate in the 23rd Annual Needham Virtual Healthcare ConferenceApril 4, 2024 | businesswire.comCartesian Therapeutics Announces New Employment Inducement GrantsMarch 28, 2024 | globenewswire.comCartesian Therapeutics Announces Approval of Conversion of Series A Convertible Preferred Stock and Plans to Effect Reverse Stock SplitMarch 21, 2024 | finance.yahoo.comCartesian Therapeutics Director Acquires 3.2% More StockMarch 18, 2024 | markets.businessinsider.comBuy Rating Affirmed for Cartesian Therapeutics: Neutral Impact of Xork Termination and High Hopes for Descartes-08 TrialMarch 11, 2024 | markets.businessinsider.comBuy Rating Affirmed for Cartesian Therapeutics Amidst Strong Financial Position and Promising Descartes-08 Clinical TrialsMarch 7, 2024 | finanznachrichten.deCartesian Therapeutics, Inc.: Cartesian Therapeutics Reports Full Year 2023 Financial Results and Provides Business UpdateSee More Headlines Receive RNAC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cartesian Therapeutics and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/07/2024Today5/18/2024Next Earnings (Estimated)8/15/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:RNAC Previous SymbolNASDAQ:RNAC CUSIPN/A CIK1453687 Webselectabio.com Phone617-923-1400Fax617-924-3454Employees37Year FoundedN/APrice Target and Rating Average Stock Price Target$45.00 High Stock Price Target$54.00 Low Stock Price Target$39.00 Potential Upside/Downside+70.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-219,710,000.00 Net Margins-983.93% Pretax Margin-1,057.17% Return on Equity-58.21% Return on Assets-18.77% Debt Debt-to-Equity RatioN/A Current Ratio3.03 Quick Ratio3.03 Sales & Book Value Annual Sales$26 million Price / Sales5.43 Cash FlowN/A Price / Cash FlowN/A Book Value($21.85) per share Price / Book-1.21Miscellaneous Outstanding Shares5,340,000Free Float3,677,000Market Cap$141.14 million OptionableOptionable Beta0.54 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesDr. Carsten Brunn Ph.D. (Age 52)President, CEO & Director Comp: $4.67MMr. Blaine T. Davis (Age 49)Chief Financial Officer Comp: $2.49MDr. Metin Kurtoglu M.D. (Age 45)Ph.D., Chief Technology Officer Comp: $398.28kKey CompetitorsRAPT TherapeuticsNASDAQ:RAPTI-MabNASDAQ:IMABOptiNoseNASDAQ:OPTNRenovaroNASDAQ:RENBSeres TherapeuticsNASDAQ:MCRBView All CompetitorsInsiders & InstitutionsArtal Group S.A.Bought 9,136,635 shares on 5/17/2024Ownership: 171.098%American International Group Inc.Bought 56,202 shares on 5/14/2024Ownership: 1.052%Vanguard Group Inc.Bought 6,315,113 shares on 5/10/2024Ownership: 118.172%SG Americas Securities LLCBought 47,134 shares on 5/7/2024Ownership: 0.883%Delphi Financial Group Inc.Bought 660,852 shares on 5/3/2024Ownership: 12.261%View All Insider TransactionsView All Institutional Transactions RNAC Stock Analysis - Frequently Asked Questions Should I buy or sell Cartesian Therapeutics stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cartesian Therapeutics in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RNAC shares. View RNAC analyst ratings or view top-rated stocks. What is Cartesian Therapeutics' stock price target for 2024? 4 Wall Street research analysts have issued 12-month price targets for Cartesian Therapeutics' shares. Their RNAC share price targets range from $39.00 to $54.00. On average, they anticipate the company's stock price to reach $45.00 in the next year. This suggests a possible upside of 70.3% from the stock's current price. View analysts price targets for RNAC or view top-rated stocks among Wall Street analysts. How have RNAC shares performed in 2024? Cartesian Therapeutics' stock was trading at $20.6820 at the start of the year. Since then, RNAC stock has increased by 27.8% and is now trading at $26.43. View the best growth stocks for 2024 here. When is Cartesian Therapeutics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 15th 2024. View our RNAC earnings forecast. How were Cartesian Therapeutics' earnings last quarter? Cartesian Therapeutics, Inc. (NASDAQ:RNAC) issued its quarterly earnings results on Thursday, March, 7th. The company reported ($2.40) earnings per share for the quarter, missing the consensus estimate of ($0.30) by $2.10. The firm had revenue of $8.27 million for the quarter. Cartesian Therapeutics had a negative trailing twelve-month return on equity of 58.21% and a negative net margin of 983.93%. When did Cartesian Therapeutics' stock split? Cartesian Therapeutics's stock reverse split on the morning of Friday, April 5th 2024. The 1-30 reverse split was announced on Friday, April 5th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Friday, April 5th 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split. Who are Cartesian Therapeutics' major shareholders? Cartesian Therapeutics' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Artal Group S.A. (171.10%), Vanguard Group Inc. (118.17%), Delphi Financial Group Inc. (12.26%), BNP Paribas Financial Markets (1.10%), American International Group Inc. (1.05%) and Hall Laurie J Trustee (0.98%). View institutional ownership trends. How do I buy shares of Cartesian Therapeutics? Shares of RNAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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