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KLRS Overview

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$
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ET
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0.000
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ET
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Intellectia

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High
5.277
Open
5.260
VWAP
5.01
Vol
65.42K
Mkt Cap
116.58M
Low
4.850
Amount
327.67K
EV/EBITDA(TTM)
--
Total Shares
23.79M
EV
60.25M
EV/OCF(TTM)
--
P/S(TTM)
--
Kalaris Therapeutics, Inc., formerly AlloVir, Inc., is a clinical-stage biopharmaceutical company engaged in the development and commercialization of treatments for prevalent retinal diseases. The Company is focused on the development of TH103, a differentiated anti-vascular endothelial growth factor (VEGF) investigational therapy. TH103 is a fully humanized, recombinant fusion protein that acts against VEGF as a decoy receptor and has been specifically engineered for potentially improved VEGF inhibition and longer retention in the retina. TH103 is being evaluated in an ongoing, Phase I clinical trial for the treatment of neovascular age-related macular degeneration (nAMD), with plans to develop TH103 for additional neovascular and exudative diseases of the retina such as diabetic macular edema (DME), and retinal vein occlusion (RVO).
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Events Timeline

(ET)
2026-05-12
08:10:00
Kalaris Therapeutics CEO Reports Progress on TH103 Clinical Material Production
select
2026-03-17 (ET)
2026-03-17
08:10:00
Kalaris Cash and Securities Increase to $118 Million
select

News

seekingalpha
9.5
05-12seekingalpha
Kalaris Therapeutics Reports Q1 Financial Results
  • Financial Performance: Kalaris Therapeutics reported a Q1 GAAP EPS of -$0.46, with a net loss of $10.9 million, which is an increase from the $10.2 million loss in Q1 2025, indicating ongoing challenges in profitability.
  • Cash Flow Status: As of March 31, 2026, Kalaris had cash, cash equivalents, and marketable securities totaling $104.9 million, down from $118.0 million as of December 31, 2025, primarily due to cash used in operating activities, reflecting pressure on the company's cash management.
  • Share Circulation: The total number of common shares outstanding as of March 31, 2025, was 22,992,291, indicating stability in the capital market, but the company must still focus on shareholder returns and market confidence.
  • Funding Outlook: Kalaris expects that its cash and cash equivalents as of March 31, 2026, will be sufficient to fund operations into Q4 2027, suggesting short-term liquidity is manageable, but long-term sustainability remains a concern.
seekingalpha
9.5
03-17seekingalpha
Kalaris Therapeutics Reports FY GAAP EPS of -$2.85
  • Financial Performance: Kalaris Therapeutics reported a FY GAAP EPS of -$2.85, indicating financial challenges that may affect investor confidence and stock performance.
  • Cash Position: As of December 31, 2025, the company holds $118 million in cash, cash equivalents, and marketable securities, which is expected to fund operations into Q4 2027, ensuring the advancement of key clinical milestones.
  • Clinical Progress: The Phase 1a data has de-risked the path to 2026 catalysts, suggesting significant advancements in R&D that could lay the groundwork for future market performance.
  • Funding Activity: The company successfully raised $50 million in private funding, providing financial support for its ongoing development and strengthening its position in the competitive biopharmaceutical market.
NASDAQ.COM
9.0
2025-12-18NASDAQ.COM
Kalaris Gains Momentum with Promising Initial Results from Neovascular AMD Trial and $50 Million Financing Support
  • Positive Phase 1a Data: Kalaris Therapeutics reported promising initial Phase 1a results for its therapy TH103 in treating neovascular age-related macular degeneration (nAMD), showing significant improvements in visual acuity and anatomical changes after one month.

  • Enhanced Treatment Durability: The therapy demonstrated a potential for extended durability, with 31% of patients not requiring additional anti-VEGF treatment during a six-month follow-up, and pharmacokinetic analysis indicating better intraocular retention compared to existing treatments.

  • Financial Support: Kalaris secured $50 million in oversubscribed financing, which will extend its cash runway into the third quarter of 2027 and support the ongoing development of TH103 and other corporate needs.

  • Stock Performance: Following the positive news, Kalaris shares surged 20%, closing at $10.42, with a trading range between $2.14 and $12.90 over the past year.

Globenewswire
8.5
2025-12-17Globenewswire
Kalaris Therapeutics Secures $50 Million in Private Placement Financing
  • Financing Size: Kalaris Therapeutics has entered into a securities purchase agreement to raise approximately $50 million through a private placement, which will be utilized to advance the clinical development of TH103 and for general corporate purposes, thereby enhancing its market position in retinal disease treatments.
  • Investor Participation: The financing attracted both new and existing investors, including ADAR1 Capital and Coastlands Capital, reflecting strong market confidence in Kalaris' future prospects and potentially boosting its reputation in the biopharmaceutical industry.
  • Share Issuance Details: Kalaris is selling 4.2 million shares of common stock at $10.00 per share, along with pre-funded warrants at $9.9999, which enhances the flexibility and attractiveness of the funding structure.
  • Use of Funds Plan: Kalaris expects that the net proceeds from this placement, combined with existing cash, will fund operations into the third quarter of 2027, ensuring continued investment in clinical development and market outreach, driving long-term growth in a competitive biopharmaceutical landscape.
Newsfilter
8.5
2025-12-17Newsfilter
Kalaris Therapeutics Secures $50 Million in Private Placement Financing
  • Financing Scale: Kalaris Therapeutics has entered into a securities purchase agreement with institutional investors to raise approximately $50 million through a private placement, reflecting market confidence in its retinal disease treatments.
  • Share Sale Details: The financing includes the sale of 4.2 million shares of common stock at $10.00 per share and 800,000 pre-funded warrants at $9.9999 each, enhancing the company's capital structure.
  • Use of Funds: Kalaris intends to use the net proceeds from this placement to advance the clinical development of TH103 and for working capital and other general corporate purposes, with expectations to fund operations into the third quarter of 2027.
  • Market Reaction: The share price for this private placement was set at a premium to the closing price over the past five trading days, indicating investor optimism about Kalaris's future growth, which may positively impact its stock price.
Newsfilter
9.0
2025-12-17Newsfilter
Kalaris TH103 Shows Significant Visual Improvement in Initial Clinical Trial Data
  • Significant Visual Improvement: Kalaris' TH103 demonstrated an average 10-letter gain in best corrected visual acuity (BCVA) within one month, indicating its effectiveness in treating treatment-naïve patients with neovascular age-related macular degeneration (nAMD), potentially transforming patient outcomes.
  • Anatomical Structure Enhancement: Over a six-month follow-up, TH103 achieved an average improvement of 129 micrometers in central subfield thickness (CST) and approximately 95% reduction in central subfield intraretinal fluid (IRF), highlighting its advantages in intraocular retention and anti-VEGF activity.
  • Good Tolerability: The trial reported no dose-limiting toxicities (DLTs) or serious adverse events (SAEs), supporting further dose escalation and indicating TH103's safety and potential for long-term use.
  • Accelerated Clinical Development: Kalaris plans to expedite patient enrollment in its ongoing Phase 1b/2 multi-ascending dose study, with preliminary data expected in the second half of 2026, reflecting the company's strong confidence in TH103's clinical prospects.
Wall Street analysts forecast KLRS stock price to rise
4 Analyst Rating
Wall Street analysts forecast KLRS stock price to rise
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
5.00
Averages
16.67
High
26.00
Current: 0.000
sliders
Low
5.00
Averages
16.67
High
26.00
Wedbush
initiated
$17
AI Analysis
2026-05-14
Reason
Wedbush
Price Target
$17
AI Analysis
2026-05-14
initiated
Reason
As previously reported, Wedbush initiated coverage of Kalaris Therapeutics with an Outperform rating and $17 price target. The firm believes that the lead candidate TH103, a novel anti-VEGF therapy rationally designed to improve the durability of treatment effect to address the largest unmet medical need in neovascular retinal disorders, could be a strong competitor as a first-line therapy in the substantial anti-VEGF market that has exceeded $15B with branded products alone. The ongoing Phase 1b/2 study aims to identify Phase 3 dose and regimen, with initial data expected in the first half of 2027, and Wedbush's conservative estimates, with only low single digit peak market penetration, still suggest significant upside potential.
Wedbush
Outperform
initiated
$17
2026-05-14
Reason
Wedbush
Price Target
$17
2026-05-14
initiated
Outperform
Reason
Wedbush initiated coverage of Kalaris Therapeutics with an Outperform rating and $17 price target.
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Valuation Metrics

The current forward P/E ratio for Kalaris Therapeutics Inc (KLRS.O) is 0.00, compared to its 5-year average forward P/E of -1.86. For a more detailed relative valuation and DCF analysis to assess Kalaris Therapeutics Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-1.86
Current PE
0.00
Overvalued PE
-0.88
Undervalued PE
-2.84

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
4.02
Current PS
10.78
Overvalued PS
9.66
Undervalued PS
-1.62

Financials

AI Analysis
Annual
Quarterly

Whales Holding KLRS

P
Paradigm Biocapital Advisors LP
Holding
KLRS
+5.67%
3M Return
R
Redmile Group, LLC
Holding
KLRS
+3.88%
3M Return

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Frequently Asked Questions

What is Kalaris Therapeutics Inc (KLRS) stock price today?

The current price of KLRS is 4.9 USD — it has decreased -7.02

What is Kalaris Therapeutics Inc (KLRS)'s business?

Kalaris Therapeutics, Inc., formerly AlloVir, Inc., is a clinical-stage biopharmaceutical company engaged in the development and commercialization of treatments for prevalent retinal diseases. The Company is focused on the development of TH103, a differentiated anti-vascular endothelial growth factor (VEGF) investigational therapy. TH103 is a fully humanized, recombinant fusion protein that acts against VEGF as a decoy receptor and has been specifically engineered for potentially improved VEGF inhibition and longer retention in the retina. TH103 is being evaluated in an ongoing, Phase I clinical trial for the treatment of neovascular age-related macular degeneration (nAMD), with plans to develop TH103 for additional neovascular and exudative diseases of the retina such as diabetic macular edema (DME), and retinal vein occlusion (RVO).

What is the price predicton of KLRS Stock?

Wall Street analysts forecast KLRS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KLRS is16.67 USD with a low forecast of 5.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Kalaris Therapeutics Inc (KLRS)'s revenue for the last quarter?

Kalaris Therapeutics Inc revenue for the last quarter amounts to 0.00 USD, decreased

What is Kalaris Therapeutics Inc (KLRS)'s earnings per share (EPS) for the last quarter?

Kalaris Therapeutics Inc. EPS for the last quarter amounts to -0.46 USD, decreased -81.75

How many employees does Kalaris Therapeutics Inc (KLRS). have?

Kalaris Therapeutics Inc (KLRS) has 20 emplpoyees as of June 03 2026.

What is Kalaris Therapeutics Inc (KLRS) market cap?

Today KLRS has the market capitalization of 116.58M USD.