Cartesian Therapeutics (RNAC) Stock Forecast, Price Target & Predictions
RNAC Stock Forecast
Cartesian Therapeutics (RNAC) stock forecast, based on 8 Wall Street analysts, predicts a 12-month average price target of $42.67, with a high of $45.00 and a low of $40.00. This represents a 541.65% increase from the last price of $6.65.
RNAC Stock Rating
Cartesian Therapeutics stock's rating consensus is Buy, based on 8 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 6 Buy (75.00%), 2 Hold (25.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
RNAC Price Target Upside V Benchmarks
| Type | Name | Upside |
|---|---|---|
| Stock | Cartesian Therapeutics | 541.65% |
| Sector | Healthcare Stocks | 15.45% |
| Industry | Biotech Stocks | 41.48% |
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $6.65 | $6.65 | $6.65 |
| Upside/Downside | - | - | - |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Dec, 25 | - | 6 | 2 | - | - | 8 |
| Nov, 25 | 2 | 5 | 2 | - | - | 9 |
| Oct, 25 | 2 | 5 | 2 | - | - | 9 |
| Sep, 25 | 2 | 5 | 2 | - | - | 9 |
| Aug, 25 | 2 | 5 | 2 | - | - | 9 |
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 09, 2024 | Mitchell Kapoor | H.C. Wainwright | $45.00 | $12.87 | 249.65% | 576.69% |
| Jul 03, 2024 | John Newman | Canaccord Genuity | $43.00 | $15.77 | 172.67% | 546.62% |
| May 24, 2024 | Uy Ear | Mizuho Securities | $40.00 | $25.46 | 57.11% | 501.50% |
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 19, 2024 | BTIG | Buy | initialise | |
| Sep 04, 2024 | H.C. Wainwright | Buy | Buy | hold |
| Aug 09, 2024 | H.C. Wainwright | Buy | Buy | hold |
| Aug 06, 2024 | Cowen & Co. | Buy | initialise | |
| Jul 02, 2024 | Oppenheimer | Outperform | Perform | downgrade |
| Jun 14, 2024 | Oppenheimer | Outperform | Outperform | hold |
| Jun 04, 2024 | Oppenheimer | Outperform | initialise |
Financial Forecast
EPS Forecast
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
|---|---|---|---|---|---|---|---|---|---|
| Reported | $-20.42 | $-6.74 | $7.33 | $-42.49 | $-0.50 | - | - | - | - |
| Avg Forecast | $-19.07 | $-10.59 | $1.49 | $-5.25 | $-5.99 | $-3.47 | $-3.69 | $-5.05 | $-4.75 |
| High Forecast | $-17.03 | $-9.46 | $1.51 | $-0.58 | $-5.75 | $-1.88 | $-1.61 | $-3.18 | $-4.75 |
| Low Forecast | $-22.69 | $-12.60 | $1.48 | $-9.63 | $-6.22 | $-4.55 | $-5.23 | $-6.24 | $-4.75 |
| Surprise % | 7.08% | -36.36% | 391.95% | 709.33% | -91.65% | - | - | - | - |
Revenue Forecast
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
|---|---|---|---|---|---|---|---|---|---|
| Reported | $16.60M | $85.08M | $110.78M | $26.00M | $38.91M | - | - | - | - |
| Avg Forecast | $10.81M | $68.16M | $96.20M | $10.60M | $39.74M | $6.29M | $8.80M | $5.00M | $34.30M |
| High Forecast | $12.39M | $78.11M | $96.85M | $13.74M | $40.06M | $6.29M | $8.80M | $5.00M | $34.30M |
| Low Forecast | $9.92M | $62.56M | $95.53M | $7.46M | $39.56M | $6.29M | $8.80M | $5.00M | $34.30M |
| Surprise % | 53.56% | 24.83% | 15.15% | 145.32% | -2.08% | - | - | - | - |
Net Income Forecast
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
|---|---|---|---|---|---|---|---|---|---|
| Reported | $-68.88M | $-25.69M | $35.38M | $-219.71M | $-77.42M | - | - | - | - |
| Avg Forecast | $-98.41M | $-54.63M | $7.72M | $-26.39M | $-30.95M | $-16.61M | $-17.68M | $-24.35M | $-24.57M |
| High Forecast | $-87.90M | $-48.79M | $7.78M | $-3.02M | $-29.75M | $-9.70M | $-8.32M | $-16.44M | $-24.57M |
| Low Forecast | $-117.10M | $-65.00M | $7.65M | $-49.76M | $-32.15M | $-23.51M | $-27.04M | $-32.26M | $-24.57M |
| Surprise % | -30.01% | -52.98% | 358.46% | 732.55% | 150.15% | - | - | - | - |