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Cartesian Therapeutics (RNAC) Stock Forecast & Price Target

Cartesian Therapeutics logo
$18.87 +2.25 (+13.54%)
(As of 11/22/2024 ET)

Cartesian Therapeutics - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
7

Based on 8 Wall Street analysts who have issued ratings for Cartesian Therapeutics in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 1 has given a hold rating, and 7 have given a buy rating for RNAC.

Consensus Price Target

$42.33
124.34% Upside
According to the 8 analysts' twelve-month price targets for Cartesian Therapeutics, the average price target is $42.33. The highest price target for RNAC is $50.00, while the lowest price target for RNAC is $39.00. The average price target represents a forecasted upside of 124.34% from the current price of $18.87.
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RNAC Analyst Ratings Over Time

TypeCurrent Forecast
11/26/23 to 11/25/24
1 Month Ago
10/27/23 to 10/26/24
3 Months Ago
8/28/23 to 8/27/24
1 Year Ago
11/26/22 to 11/26/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
N/A
Buy
7 Buy rating(s)
7 Buy rating(s)
7 Buy rating(s)
N/A
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
N/A
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
N/A
Consensus Price Target$42.33$43.00$43.00N/A
Forecasted Upside124.34% Upside108.94% Upside206.27% UpsideN/A
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
N/A

RNAC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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RNAC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Cartesian Therapeutics Stock vs. The Competition

TypeCartesian TherapeuticsMedical CompaniesS&P 500
Consensus Rating Score
2.88
2.80
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside124.34% Upside27,006.30% Upside7.66% Upside
News Sentiment Rating
Neutral News

See Recent RNAC News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/25/2024Needham & Company LLC
3 of 5 stars
 Reiterated RatingBuy ➝ Buy$41.00 ➝ $41.00+117.28%
11/8/2024HC Wainwright
2 of 5 stars
 Lower TargetBuy ➝ Buy$45.00 ➝ $41.00+94.50%
8/6/2024TD Cowen
4 of 5 stars
T. Van. Buren
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Initiated CoverageBuy
7/3/2024Canaccord Genuity Group
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 Boost TargetBuy ➝ Buy$38.00 ➝ $43.00+140.90%
7/2/2024Oppenheimer
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 DowngradeOutperform ➝ Market Perform
5/24/2024Mizuho
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 Initiated CoverageBuy$40.00+57.11%
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4/23/2024Leerink Partnrs
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T. Smith
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Reiterated RatingOutperform
4/23/2024Leerink Partners
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 Initiated CoverageOutperform$39.00+113.58%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 08:15 AM ET.


RNAC Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Cartesian Therapeutics is $42.33, with a high forecast of $50.00 and a low forecast of $39.00.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cartesian Therapeutics in the last year. There is currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RNAC shares.

According to analysts, Cartesian Therapeutics's stock has a predicted upside of 124.34% based on their 12-month stock forecasts.

Cartesian Therapeutics has been rated by research analysts at HC Wainwright, and Needham & Company LLC in the past 90 days.

Analysts like Cartesian Therapeutics more than other "medical" companies. The consensus rating score for Cartesian Therapeutics is 2.88 while the average consensus rating score for "medical" companies is 2.80. Learn more on how RNAC compares to other companies.


This page (NASDAQ:RNAC) was last updated on 11/25/2024 by MarketBeat.com Staff
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