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NASDAQ:CGEM

Cullinan Therapeutics (CGEM) Stock Price, News & Analysis

$17.98
+0.05 (+0.28%)
(As of 09/6/2024 ET)
Today's Range
$17.69
$18.24
50-Day Range
$16.03
$20.86
52-Week Range
$7.64
$30.19
Volume
383,859 shs
Average Volume
688,560 shs
Market Capitalization
$1.04 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$32.00

Cullinan Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
78.0% Upside
$32.00 Price Target
Short Interest
Bearish
21.16% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$130,640 Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($3.20) to ($3.25) Per Share

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.

0.76 out of 5 stars

Medical Sector

817th out of 910 stocks

Biological Products, Except Diagnostic Industry

141st out of 155 stocks

CGEM stock logo

About Cullinan Therapeutics Stock (NASDAQ:CGEM)

Cullinan Therapeutics, Inc., a biopharmaceutical company, focuses on developing oncology therapies for cancer patients in the United States. The company's lead program comprises CLN-619, a monoclonal antibody that is in Phase I clinical trial for the treatment of solid tumors. Its development portfolio also includes CLN-049, a humanized bispecific antibody that is in Phase I clinical trial for the treatment of acute myeloid leukemia or myelodysplastic syndrome; CLN-418, a human bispecific immune activator that is in Phase 1 clinical trial for the treatment of multiple solid tumors; and Zipalertinib, a bioavailable small-molecule for treating patients with non-small cell lung cancer. In addition, the company's development products comprise CLN-617, a fusion protein for the treatment of solid tumors; and CLN-978, a T cell engaging antibody for the treatment relapsed/refractory B-cell non-Hodgkin lymphoma. It has license and collaboration agreement with Adimab, LLC to discover and/or optimize antibodies; Harbour BioMed US Inc. for the development, manufacturing, and commercialization of CLN-418; and co-development agreement with Taiho Pharmaceutical Co., Ltd to develop Zipalertinib. Cullinan Therapeutics, Inc. was formerly known as Cullinan Oncology, Inc. and changed its name to Cullinan Therapeutics, Inc. in April 2024. Cullinan Therapeutics, Inc. was incorporated in 2016 and is headquartered in Cambridge, Massachusetts.

CGEM Stock Price History

CGEM Stock News Headlines

Fmr CIA Advisor reveals PEACEMAKER superweapon
Kamala cannot get the “codes” to this superweapon. In Trump’s hands, it will restore America’s global dominance. It could also help Americans struggling under Bidenomics by potentially sending 5 military stocks SOARING. Historically, similar stocks have shot up 16,270% in just 18 months.
Cullinan Therapeutics, Inc. (CGEM)
Checking Into Cullinan Therapeutics
Fmr CIA Advisor reveals PEACEMAKER superweapon
Kamala cannot get the “codes” to this superweapon. In Trump’s hands, it will restore America’s global dominance. It could also help Americans struggling under Bidenomics by potentially sending 5 military stocks SOARING. Historically, similar stocks have shot up 16,270% in just 18 months.
See More Headlines
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Company Calendar

Last Earnings
8/08/2024
Today
9/07/2024
Next Earnings (Estimated)
11/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:CGEM
Fax
N/A
Employees
30
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$32.00
High Stock Price Target
$40.00
Low Stock Price Target
$26.00
Potential Upside/Downside
+78.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$-153,160,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$18.94 million
Book Value
$11.32 per share

Miscellaneous

Free Float
54,136,000
Market Cap
$1.04 billion
Optionable
Optionable
Beta
-0.12
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Key Executives

  • Mr. Nadim AhmedMr. Nadim Ahmed (Age 56)
    President, CEO & Director
    Comp: $1.16M
  • Dr. Jeffrey Jones M.B.A. (Age 53)
    M.D., M.P.H., Chief Medical Officer
    Comp: $780.32k
  • Dr. Patrick A. Baeuerle Ph.D. (Age 66)
    Co-Founder, Chief Scientific Advisor & Chairman of Scientific Advisory Board
    Comp: $763.73k
  • Ms. Mary Kay Fenton (Age 60)
    Chief Financial Officer
  • Dr. Jennifer Michaelson Ph.D. (Age 57)
    Chief Scientific Officer
  • Ms. Jacquelyn L. Sumer J.D. (Age 46)
    Chief Legal Officer, Chief Compliance Officer & Corporate Secretary
  • Ms. Rose Weldon
    Senior Vice President of Communications
  • Mr. Steve Andre
    Chief Human Resources Officer
  • Dr. Corinne Savill Ph.D. (Age 65)
    Chief Business Officer
  • Mr. Kevin A. Johnston
    Chief Technical Operations Officer

CGEM Stock Analysis - Frequently Asked Questions

How have CGEM shares performed this year?

Cullinan Therapeutics' stock was trading at $10.19 at the beginning of 2024. Since then, CGEM stock has increased by 76.4% and is now trading at $17.98.
View the best growth stocks for 2024 here
.

How were Cullinan Therapeutics' earnings last quarter?

Cullinan Therapeutics, Inc. (NASDAQ:CGEM) posted its quarterly earnings results on Thursday, August, 8th. The company reported ($0.75) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.73) by $0.02.

When did Cullinan Therapeutics IPO?

Cullinan Therapeutics (CGEM) raised $149 million in an initial public offering (IPO) on Friday, January 8th 2021. The company issued 8,300,000 shares at a price of $17.00-$19.00 per share. Morgan Stanley, SVB Leerink and Evercore ISI acted as the underwriters for the IPO and H.C. Wainwright & Co., LLC was co-manager.

Who are Cullinan Therapeutics' major shareholders?

Cullinan Therapeutics' top institutional investors include Deerfield Management Company L.P. Series C (5.69%), Blue Owl Capital Holdings LP (3.56%), Marshall Wace LLP (2.05%) and Dimensional Fund Advisors LP (1.32%). Insiders that own company stock include Bvf Partners L P/Il, Vision Scs F2, Bioscience I 2017 Ltd F2, Corrine Savill, Jennifer Michaelson, Nadim Ahmed, Jeffrey Trigilio, Jeffrey Alan Jones, Oncology Impact Fund LP Ubs, Ansbert Gadicke and Leigh Zawel.
View institutional ownership trends
.

How do I buy shares of Cullinan Therapeutics?

Shares of CGEM 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.

This page (NASDAQ:CGEM) was last updated on 9/7/2024 by MarketBeat.com Staff

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