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RNAC Overview

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ET
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Intellectia

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High
10.560
Open
9.930
VWAP
10.21
Vol
169.54K
Mkt Cap
295.28M
Low
9.830
Amount
1.73M
EV/EBITDA(TTM)
--
Total Shares
29.38M
EV
185.16M
EV/OCF(TTM)
--
P/S(TTM)
153.37
Cartesian Therapeutics, Inc. is a clinical-stage company pioneering cell therapy for the treatment of autoimmune diseases. It leverages its proprietary technology and manufacturing platform to introduce one or more mRNA molecules into cells to enhance their function. The Company’s lead asset, Descartes-08, is a chimeric antigen receptor T-cell therapy (CAR-T) entering Phase 3 clinical development for patients with generalized myasthenia gravis and Phase 2 development for systemic lupus erythematosus, with a Phase 2 basket trial planned in additional autoimmune indications. The Company’s clinical-stage pipeline also includes Descartes-15, a next-generation, autologous anti-B-cell maturation antigen (BCMA) CAR-T being evaluated in a Phase 1 trial in patients with multiple myeloma. Descartes-08 is an autologous chimeric antigen receptor T-cell therapy product targeting B-cell maturation antigen in clinical development for generalized myasthenia gravis and systemic lupus erythematosus.
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Events Timeline

(ET)
2026-06-09
09:40:00
Selecta Biosciences Inc Trading Halted
select
2026-05-26 (ET)
2026-05-26
07:10:00
Cartesian Therapeutics Secures $150M Financing from K2 HealthVentures
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2026-03-09 (ET)
2026-03-09
07:10:00
Cartesian Reports FY25 Revenue of $2.797M, Exceeding Expectations
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2026-02-03 (ET)
2026-02-03
07:20:00
Cartesian Therapeutics Grants 12,050 Stock Options to New Employees
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2026-01-09 (ET)
2026-01-09
08:20:00
Cartesian Therapeutics Updates Descartes-08 Program and Initiates Pediatric Trial
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News

Newsfilter
5.0
07-02Newsfilter
Cartesian Therapeutics Grants Stock Options to New Employees
  • Employee Incentive Program: On July 1, 2026, Cartesian Therapeutics granted stock options for 238,700 shares to eight new employees at an exercise price of $10.18, highlighting the company's commitment to attracting and retaining talent.
  • Option Grant Details: The options were issued under the company's Amended and Restated 2018 Employment Inducement Incentive Award Plan, approved by the board, vesting 25% on July 1, 2027, and fully vesting by July 1, 2030, demonstrating a long-term commitment to employee development.
  • Market Reaction: The options were granted under Nasdaq Listing Rule 5635(c)(4) as an inducement for new hires, which may positively impact the company's future talent acquisition and market performance.
  • Core Business Development: Cartesian Therapeutics focuses on cell therapy for autoimmune diseases, with multiple clinical trials underway, particularly for CAR-T therapy targeting myasthenia gravis, showcasing the company's innovative potential and market prospects in biotechnology.
Newsfilter
5.0
06-12Newsfilter
Cartesian Therapeutics Grants Stock Options to New Employee
  • Stock Option Grant: On June 8, 2026, Cartesian Therapeutics granted a new employee an option to purchase 6,100 shares at an exercise price of $5.86, reflecting the company's commitment to incentivizing talent acquisition.
  • Option Structure: The option vests 25% on June 8, 2027, with the remaining 75% vesting in 36 equal monthly installments, fully vesting by June 8, 2030, demonstrating the company's dedication to long-term employee development.
  • Compliance Assurance: This stock option grant complies with Nasdaq Listing Rule 5635(c)(4), serving as a material inducement for the employee's entry into the company, ensuring transparency and compliance in talent attraction.
  • Company Background: Cartesian Therapeutics is a late clinical-stage biotechnology firm pioneering cell therapy for autoimmune diseases, with its lead asset Descartes-08 undergoing multiple clinical trials, highlighting the company's innovative potential and market prospects.
NASDAQ.COM
8.5
06-12NASDAQ.COM
Biotech Sector Sees Surge in FDA and Global Approvals
  • FDA Approval Boosts Innovation: Guardant Health (GH) secured FDA approval for its Guardant360 CDx liquid biopsy test as a companion diagnostic for Boehringer Ingelheim's HERNEXEOS, highlighting the growing importance of liquid biopsy in advanced cancer treatment, which is expected to drive GH's market share growth.
  • Therapy Expansion: Eli Lilly (LLY) received FDA approval for an every-eight-week maintenance dose of EBGLYSS, with Q1 2026 sales surging 141% to $145 million, reflecting strong demand in its immunology portfolio and further solidifying the company's market position.
  • China Market Breakthrough: Vor Bio (VOR) announced that Telitacicept received approval from China's NMPA, becoming the only approved therapy for Sjögren's disease in the country, supported by positive Phase 3 trial data, which is expected to significantly improve patient quality of life and expand market reach.
  • EU Approval for New Therapy: Sanofi (SNY) secured European Commission approval for Sarclisa in newly diagnosed multiple myeloma patients, based on Phase 3 IRAKLIA trial results, which is expected to enhance Sarclisa's application range and strengthen the company's competitiveness in blood cancer treatment.
NASDAQ.COM
2.0
06-10NASDAQ.COM
Biotech Companies See Significant Stock Gains
  • Regentis Stock Surge: Regentis Biomaterials Ltd. shares soared over 88% as the company prepares to commence European Surgeon Training for GelrinC in Q3 2026, accelerating its commercialization efforts in knee cartilage repair and enhancing its competitive edge in the market.
  • Eloxx Uplisting Success: Eloxx Pharmaceuticals Inc. saw its stock rise more than 77% after uplisting to Nasdaq, with plans to issue 2.975 million shares at $11.00 each, expected to generate $66 million in revenue, supporting its clinical trials for Alport syndrome treatment.
  • Alignment Healthcare Gains: Alignment Healthcare Inc. shares increased over 25% following disclosures of RSU grants to executives, with projected Q2 2026 revenues between $1.295 billion and $1.315 billion, indicating strong growth potential in the healthcare sector.
  • Cartesian Strategic Licensing: Cartesian Therapeutics Inc. inked a strategic licensing deal with WestGene Biopharma to advance CAR-T therapies for autoimmune diseases, with a Phase 1 trial expected to start in 2H 2026, potentially driving innovation in this therapeutic area.
seekingalpha
7.5
06-09seekingalpha
Cartesian Therapeutics Licenses CAR-T Technology from WestGene Biopharma
  • Stock Surge: Cartesian Therapeutics' stock jumped over 30% on Tuesday following the announcement of a licensing deal with WestGene Biopharma, reflecting strong market confidence in its CAR-T cell therapies.
  • Clinical Trial Launch: Under the agreement, Cartesian will initiate a Phase 1 dose-escalation study to test the delivery of mRNA via WestGene's targeted lipid nanoparticles for patients with generalized myasthenia gravis, expected to start in H2 2026.
  • Product Line Expansion: Cartesian plans to advance several next-generation anti-BCMA CAR constructs and a BCMA-directed T-cell engager as part of the deal, aiming to expand its mRNA payload pipeline and enhance its competitive position in the market.
  • Strategic Collaboration Potential: CEO Carsten Brunn stated that positive clinical data will drive multiple autoimmune disease programs into U.S. clinical development, indicating that this collaboration has the potential to transform the treatment paradigm for cell therapy in autoimmune diseases.
NASDAQ.COM
7.5
06-09NASDAQ.COM
Cartesian Therapeutics Partners with WestGene for CAR-T Therapy Development
  • Strategic Licensing Agreement: Cartesian Therapeutics has signed a strategic licensing agreement with WestGene Biopharma to advance the development of in vivo chimeric antigen receptor T-cell therapies for autoimmune diseases, further solidifying the company's leadership in autologous cell therapy.
  • Clinical Trial Plans: The partnership will conduct a Phase 1 dose-escalation study of the mRNA used in Descartes-08, expected to initiate in the second half of 2026, with initial human data anticipated in the first half of 2027, showcasing potential therapeutic prospects for patients.
  • Financial Arrangement: WestGene will receive an upfront payment and is eligible for potential development and commercial milestone payments, a financial structure that not only incentivizes the partnership but could also yield long-term benefits for Cartesian.
  • Market Reaction: Cartesian's shares rose 15.74% to $6.78 in pre-market trading on Nasdaq, reflecting investor optimism regarding the collaboration and its future potential.
Wall Street analysts forecast RNAC stock price to rise
8 Analyst Rating
Wall Street analysts forecast RNAC stock price to rise
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
16.00
Averages
35.00
High
44.00
Current: 0.000
sliders
Low
16.00
Averages
35.00
High
44.00
H.C. Wainwright
Buy
maintain
$30 -> $25
AI Analysis
2026-05-12
Reason
H.C. Wainwright
Price Target
$30 -> $25
AI Analysis
2026-05-12
maintain
Buy
Reason
H.C. Wainwright lowered the firm's price target on Cartesian Therapeutics to $25 from $30 and keeps a Buy rating on the shares. The firm delayed the company's launch timing for myasthenia gravis to 2028 from 2027.
Cantor Fitzgerald
Neutral -> Overweight
upgrade
$16
2026-03-09
Reason
Cantor Fitzgerald
Price Target
$16
2026-03-09
upgrade
Neutral -> Overweight
Reason
Cantor Fitzgerald upgraded Cartesian Therapeutics to Overweight from Neutral with a $16 price target. Cartesian had no major surprises in its Q4 earnings report, as catalyst timing remains the same for Descartes-08, the analyst tells investors in a research note. Despite the upgrade, Cantor's thesis hasn't changed, but thinks these factors -- the competitive space and the potential for later line usage if priced high -- are already priced in.
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Valuation Metrics

The current forward P/E ratio for Cartesian Therapeutics Inc (RNAC.O) is 25.06, compared to its 5-year average forward P/E of 0.83. For a more detailed relative valuation and DCF analysis to assess Cartesian 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
0.83
Current PE
25.06
Overvalued PE
14.49
Undervalued PE
-12.83

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
-2.41
Current EV/EBITDA
-1.47
Overvalued EV/EBITDA
1.49
Undervalued EV/EBITDA
-6.30

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
249.34
Current PS
756.67
Overvalued PS
683.69
Undervalued PS
-185.00

Financials

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Frequently Asked Questions

What is Cartesian Therapeutics Inc (RNAC) stock price today?

The current price of RNAC is 10.25 USD — it has increased 1.99

What is Cartesian Therapeutics Inc (RNAC)'s business?

Cartesian Therapeutics, Inc. is a clinical-stage company pioneering cell therapy for the treatment of autoimmune diseases. It leverages its proprietary technology and manufacturing platform to introduce one or more mRNA molecules into cells to enhance their function. The Company’s lead asset, Descartes-08, is a chimeric antigen receptor T-cell therapy (CAR-T) entering Phase 3 clinical development for patients with generalized myasthenia gravis and Phase 2 development for systemic lupus erythematosus, with a Phase 2 basket trial planned in additional autoimmune indications. The Company’s clinical-stage pipeline also includes Descartes-15, a next-generation, autologous anti-B-cell maturation antigen (BCMA) CAR-T being evaluated in a Phase 1 trial in patients with multiple myeloma. Descartes-08 is an autologous chimeric antigen receptor T-cell therapy product targeting B-cell maturation antigen in clinical development for generalized myasthenia gravis and systemic lupus erythematosus.

What is the price predicton of RNAC Stock?

Wall Street analysts forecast RNAC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RNAC is35.00 USD with a low forecast of 16.00 USD and a high forecast of 44.00 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 Cartesian Therapeutics Inc (RNAC)'s revenue for the last quarter?

Cartesian Therapeutics Inc revenue for the last quarter amounts to 78.00K USD, decreased -92.91

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

Cartesian Therapeutics Inc. EPS for the last quarter amounts to -1.46 USD, increased 114.71

How many employees does Cartesian Therapeutics Inc (RNAC). have?

Cartesian Therapeutics Inc (RNAC) has 75 emplpoyees as of July 08 2026.

What is Cartesian Therapeutics Inc (RNAC) market cap?

Today RNAC has the market capitalization of 295.28M USD.