Cartesian Therapeutics, Inc. RNAC

7.41 (0.21) (2.76%) as of 25 Sep
Market cap
$230.6M
P/E
0.0×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.21
Total sells 0.26
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — 1 — — — — — — — — —
Sell — — — 3 — — — — — — — —
Insider Ownership 53.51%

Capital & Financial Ratios

Market Cap 230.55
Revenue 1.78
Net Income (151.89)
Free Cash Flow (78.61)
Net Debt (94.75)
Current Ratio 7.48
Debt/Equity (0.42)
P/E ratio 0.00
P/S ratio 123.01
P/B ratio 0.00
Past 5Y EPS Growth 34.24%
This Y EPS Growth 40.40%
Next Y EPS Growth (38.98%)
Next 5Y EPS Growth 5.77%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 77 213 125 148
Receivables 9 1 1 0
Inventory — — — —
Other — — — —
91 217 129 154
2023 2024 2025 Q'26
Payables 3 0 1 1
ST’ Debt — — — —
Other 45 8 — 0
68 23 15 21
in millions of $

Compound Annual Growth

10y 5y 3y
Sales (7.37%) (29.96%) (70.66%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 0.00% 0.00%

Revenue

Mar Jun Sep Dec Year
’26 0 — — — —
’25 1 0 0 1 3
’24 6 33 0 — 39
’23 6 5 7 8 26
’22 34 39 21 17 111
’21 11 20 24 30 85
’20 — — 5 12 17
in millions of $ · fiscal quarters ending in the months shown
value withheld pending a data check

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (22) (21) — — —
’25 (23) (18) (16) (18) (74)
’24 (16) (14) 14 (7) (24)
’23 (9) (10) (9) (23) (51)
’22 (12) (12) 4 (12) (32)
’21 (12) (6) (11) (31) (60)
’20 (12) (12) 66 (7) 35
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (22) (21) — — —
’25 (24) (20) (17) (18) (79)
’24 (17) (16) 7 (7) (32)
’23 (9) (10) (9) (23) (51)
’22 (12) (12) 4 (12) (33)
’21 (12) (7) (11) (32) (61)
’20 (12) (12) 65 (7) 34
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (1.46) 0.46 — — —
’25 (0.68) 0.50 (1.38) (3.56) (5.02)
’24 (10.50) 0.54 (1.13) 6.38 (4.49)
’23 (4.20) (2.10) (1.74) (41.74) (49.85)
’22 6.77 1.80 (1.50) 1.20 7.28
’21 (6.61) 1.13 (4.80) 3.46 (6.61)
’20 (6.31) (7.51) (2.70) (4.20) (20.42)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
307.80 261.00 78.30 38.40 42.60 80.10 19.41 19.80 11.67 5.98

Analyst estimates 2026–2028

Powerpack
Low Price
840.00 720.60 496.35 100.20 144.90 171.00 100.50 59.70 41.87 20.12
High Price
66 64 39 39 44 58 64 38 66 75
Employees
0 0 0 0 0 1 2 1 1 0
Revenue/Emp
8 0 1 7 17 85 111 26 39 3
Revenue
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Gross Margin
(36) (65) (65) (55) (69) (10) 35 (239) (77) (139)
EBT
(447.98%) (31,556.04%) (7,235.44%) (828.97%) (414.99%) (11.43%) 31.39% (917.97%) (198.23%) (4,987.31%)
EBT Margin
(36) (65) (65) (55) (69) (26) 35 (220) (77) (130)
Net Income
1 1 1 1 1 1 1 1 1 3
Depreciation
23.13 0.30 1.21 4.40 4.92 22.35 22.98 5.03 2.25 0.11
Revenue/Sh
(116.82) (96.10) (87.69) (36.64) (20.42) (6.61) 7.21 (49.85) (4.48) (5.02)
Earnings/Sh
(56.53) (76.49) (79.35) (33.91) 10.35 (15.86) (6.56) (9.90) (1.37) (2.85)
Cash Flow/Sh
(1.67) (1.07) (1.05) 0.05 (0.22) (0.28) (0.25) (0.04) (0.51) (0.21)
Capex/Sh
(58.20) (77.56) (80.40) (33.86) 10.13 (16.15) (6.81) (9.93) (1.88) (3.06)
Free CF/Sh
157.24 76.17 (7.27) 5.54 (5.34) 5.92 19.46 (27.01) (0.39) (4.86)
Book Value/Sh
0 1 1 2 3 4 5 5 17 26
Shares
0.00 0.00 0.00 0.00 0.00 0.00 4.10 0.00 0.00 0.00
PE Ratio
22.42 1,009.46 287.43 16.18 13.17 4.38 1.50 3.91 7.95 66.95
PS Ratio
3.30 4.03 0.00 12.90 0.00 16.53 1.77 0.00 0.00 0.00
PB Ratio
13.49 666.54 312.53 8.70 8.31 3.17 0.52 1.87 3.11 30.80
EV/Sales
(5.36) (2.62) (1.08) (1.13) 5.66 (4.39) (1.77) (0.95) (3.73) (1.09)
EV/FCF
(20) (52) (59) (51) 35 (60) (32) (51) (24) (74)
Op' Cash Flow
(1) (1) (1) 0 (1) (1) (1) 0 (9) (5)
Capex
(20) (53) (60) (51) 34 (61) (33) (51) (32) (79)
FCF
73 88 7 62 70 72 123 23 194 114
Working Cap'
12 21 21 19 26 26 26 — — —
Total Debt
(72) (76) (16) (71) (113) (102) (108) (77) (213) (125)
Net Debt
55 52 (5) 8 (18) 23 94 (140) (7) (126)
Sh' Equity
(54.81%) (68.61%) (89.76%) (76.85%) (51.98%) (15.79%) 21.72% (93.31%) (20.92%) (35.63%)
ROA
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC
117.69% (122.36%) (281.64%) (3,716.01%) 1,433.57% (1,137.85%) 60.82% 126.87% 34.64% 195.88%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Mar 2026

Cartesian Therapeutics, Inc. peers in Biotechnology

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Cartesian Therapeutics, Inc. (RNAC) key facts

  • Cartesian Therapeutics, Inc. (RNAC) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • As of September 25, 2026, RNAC traded at $7.41, a market capitalization of $230.6 million.
  • Return on equity was 195.9% and debt-to-equity -0.42.

Source: company filings (standardised) and stockrow calculations.

Cartesian Therapeutics, Inc. (RNAC) Latest News

News by impact score

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6 Aug

3

Cartesian Therapeutics reported second quarter 2026 financial results and issued a business update. Quarterly results and updates typically affect near-term investor sentiment and financial positioning without fundamentally changing long-term trajectory.

10 Jun

4

AstraZeneca extensively advances obesity drug development. Cartesian Therapeutics secures $125M to progress ultrasound-aided genetic medicine programs. $125M funding directly advances Cartesian Therapeutics' core genetic medicine platform with potential to alter company trajectory.

9 Jun

4

Cartesian Therapeutics signed a strategic licensing deal with WestGene Biopharma to speed development of its in vivo CAR-T platform for autoimmune diseases. Licensing agreement advances core CAR-T platform into autoimmune indications, materially improving development timeline and competitive positioning.

26 May

4

Cartesian Therapeutics secures up to $150 million non-dilutive financing from K2 HealthVentures and expects Phase 3 AURORA trial topline data in Q1 2027. Non-dilutive $150 million financing strengthens Cartesian Therapeutics' capital position and supports Phase 3 trial advancement.

17 May

3

Cartesian Therapeutics faces investor scrutiny over its elevated cash burn rate, raising questions about the company's financial runway and potential need for future capital raises. Elevated cash burn at clinical-stage biotech firms frequently prompts financing concerns that can pressure valuation and shareholder equity.

30 Apr

3

Cartesian Therapeutics, Inc. (RNAC) reported a first-quarter loss and missed revenue estimates. Q1 loss and revenue miss highlight weaker financial results, likely affecting short-term investor sentiment and stock performance.

3

Cartesian Therapeutics, Inc. (RNAC) reported first quarter 2026 financial results and provided a business update. Quarterly financial results and business updates affect key financial performance metrics and market sentiment.

20 Apr

3

Cartesian Therapeutics, Inc. (RNAC) shares surged 10.3%, prompting analysis on whether further upside remains amid positive momentum. 10.3% stock surge reflects moderately noticeable short-term market sentiment boost without fundamental shifts.

9 Mar

4

Cartesian Therapeutics, Inc. (RNAC) reported full year 2025 financial results and provided a business update. Full-year financial results combined with business updates represent major strategic disclosures that can significantly alter investor sentiment and stock trajectory.

14 Jan

4

Cartesian Therapeutics, Inc. (RNAC) has been upgraded to a 'Buy' rating by analysts, indicating a positive outlook for the stock. This upgrade suggests that the company's potential for growth and profitability has been recognized, likely due to recent developments or performance metrics that align favorably with investor expectations. The upgrade may influence market sentiment and attract new investors, potentially impacting the stock's future performance. The upgrade to 'Buy' indicates significant positive sentiment and potential for improved market performance.

9 Jan

4

Cartesian Therapeutics, Inc. (RNAC) has reported significant advancements in its therapeutic programs and outlined its strategic outlook for 2026. The company is focusing on expanding its pipeline and enhancing its operational capabilities to drive growth. Key milestones include progress in clinical trials and partnerships aimed at accelerating development. Cartesian aims to leverage its innovative technologies to address unmet medical needs and improve patient outcomes in the coming years. Strategic advancements and pipeline expansion are likely to significantly impact future performance and investor sentiment.

18 Dec

3

Cartesian Therapeutics, Inc. has appointed Adrian Bot to its Board of Directors, enhancing its leadership team. Bot brings extensive experience in biotechnology and pharmaceuticals, which is expected to support the company's strategic initiatives and growth. The appointment of a seasoned professional like Adrian Bot may positively influence the company's strategic direction and operational effectiveness.

5 Dec

3

Cartesian Therapeutics, Inc. (RNAC) is facing scrutiny over its cash burn situation, raising concerns about its financial sustainability. The company has been experiencing significant cash outflows, which could impact its ability to fund operations and pursue growth opportunities. Investors are closely monitoring these developments as they may influence the company's future performance and market position. The cash burn situation may moderately affect financial performance and investor sentiment, but other factors could balance the overall impact.

13 Nov

4

Cartesian Therapeutics, Inc. announced positive results from its Phase 2 trial of Descartes-08 for patients with systemic lupus erythematosus (SLE), showing a strong efficacy signal. The company also revealed plans to expand its clinical development efforts into myositis, indicating a strategic move to broaden its therapeutic focus. The strong efficacy signal in a Phase 2 trial and expansion into myositis represent significant strategic developments that could enhance the company's market position and investor sentiment.

8 Nov

4

Cartesian Therapeutics, Inc. (NASDAQ:RNAC) has significant insider ownership, with insiders holding 58% of the company's shares. This high level of ownership indicates strong alignment between management and shareholder interests, potentially enhancing investor confidence and stability in the company's strategic direction. High insider ownership typically signals confidence in the company's future and can positively influence market sentiment.

6 Nov

4

Cartesian Therapeutics, Inc. (RNAC) reported its financial results for the third quarter of 2025, highlighting key metrics and developments in its business operations. The company provided updates on ongoing projects and strategic initiatives aimed at enhancing its market position and product offerings. Financial performance indicators showed trends that may influence future growth and investor sentiment. Significant strategic moves and updates on product development are likely to impact the company's future performance and market perception.

30 Oct

3

Cartesian Therapeutics, Inc. has appointed Carsten Brunn, Ph.D., as the new Chairman of the Company’s Board of Directors. Brunn brings extensive experience in the biopharmaceutical industry, having held leadership roles at various companies. His appointment is expected to enhance the strategic direction and governance of Cartesian Therapeutics as it continues to develop innovative therapies. The appointment of a seasoned industry leader may positively influence the company's strategic direction and governance.

21 Oct

3

Cartesian Therapeutics, Inc. (RNAC) experienced an 8.2% increase in stock value, indicating potential strength in its market performance. Analysts are evaluating whether this upward trend can be sustained and lead to further gains for the company. Factors contributing to this rise may include positive developments in its product pipeline or market sentiment. The stock's recent jump suggests moderate influence on market sentiment and potential financial performance, but further developments are needed for a more significant impact.

18 Sep

3

Cartesian Therapeutics, Inc. (RNAC) has seen an increase in insider holdings over the past year, indicating confidence from company executives in its future prospects. This uptick in insider ownership may reflect positive expectations regarding the company's performance and strategic direction. Increased insider holdings can signal confidence in the company's future, potentially influencing market sentiment and performance.

8 Aug

3

Cartesian Therapeutics, Inc. (RNAC) reported its second quarter 2025 earnings, revealing that earnings per share (EPS) exceeded expectations, while revenues fell short of forecasts. The company continues to navigate challenges in revenue generation despite positive EPS results, indicating mixed performance in the market. Mixed earnings results suggest moderate influence on financial performance and market sentiment.

7 Aug

3

Cartesian Therapeutics, Inc. (RNAC) reported its financial results for the second quarter of 2025, highlighting key metrics and developments in its business operations. The company provided updates on its ongoing projects and strategic initiatives aimed at enhancing its market position and financial performance. Investors were informed about revenue figures, expenses, and future outlook, indicating the company's direction and potential growth areas. The financial results and business updates indicate moderate influences on the company's performance and market sentiment.

24 Jul

3

Cartesian Therapeutics, Inc. (RNAC) experienced a 9.9% increase in stock price, raising questions about the sustainability of this upward trend. Investors are analyzing market conditions and company performance to determine if this growth can be maintained in the long term. The stock price increase indicates moderate investor interest, but it is unclear if this will lead to sustained financial performance.

21 Jun

3

Cartesian Therapeutics, Inc. (RNAC) is not facing immediate concerns regarding its cash burn rate, as the company has sufficient liquidity to support its operations. Analysts express confidence in the company's financial management and strategic direction, suggesting that current cash reserves will sustain its activities for the foreseeable future. The focus remains on ongoing projects and potential future funding opportunities. The company's cash burn rate and liquidity position may moderately influence its financial performance and operational strategy.

30 May

4

Cartesian Therapeutics, Inc. has enrolled its first participant in the Phase 3 AURORA Trial for Descartes-08, a treatment aimed at patients with Myasthenia Gravis. This trial is a significant step in evaluating the efficacy and safety of the therapy, which targets a serious autoimmune condition affecting muscle strength. The initiation of a Phase 3 trial represents a major strategic move that could significantly impact the company's future and market performance.

13 May

3

Cartesian Therapeutics, Inc. (NASDAQ: RNAC) announced its participation in a fireside chat at the H.C. Wainwright 3rd Annual BioConnect Investor Conference on May 20, 2025, at 9:00 a.m. ET. A live webcast will be available on the Company’s website, along with an archived replay. Cartesian Therapeutics is focused on cell therapy for autoimmune diseases, with its lead asset, Descartes-08, entering Phase 3 clinical development for generalized myasthenia gravis and Phase 2 for systemic lupus erythematosus. The FDA has granted written agreement for the Phase 3 trial under the Special Protocol Assessment process. The pipeline also includes Descartes-15, currently in Phase 1 for multiple myeloma. Participation in the investor conference may enhance visibility and investor sentiment but does not directly impact immediate financial performance.

11 May

3

Cartesian Therapeutics, Inc. (NASDAQ:RNAC) reported first-quarter results with revenues of US$1.1m, exceeding estimates by 60%. Statutory losses were US$0.65 per share, lower than expected. Analysts forecast revenues of US$2.79m for 2025, indicating a 92% decline, while per-share losses are expected to rise to US$3.29. The consensus price target remains at US$37.33, with a range from US$22.00 to US$42.00 among analysts. Revenue growth is expected to slow significantly compared to industry peers, which are forecasted to grow 18% annually. Overall, increased losses and declining revenue expectations suggest challenges ahead for the company. Forecasted revenue decline and increased losses indicate potential challenges for financial performance.

10 May

3

Cartesian Therapeutics (NASDAQ:RNAC) reported first quarter 2025 results with revenue of US$1.10m, down 81% from 1Q 2024, but net loss narrowed by 69% to US$17.7m, resulting in a loss per share of US$0.68. Revenue exceeded analyst estimates by 60%, and EPS surpassed estimates by 7.9%. The company forecasts revenue growth of 58% annually over the next three years, compared to 18% for the US Biotechs industry. However, shares are down 22% from the previous week, and there are five warning signs, three of which are significant. Revenue and earnings beat expectations, indicating potential for moderate influence on financial performance.

8 May

3

Cartesian Therapeutics, Inc. (RNAC) reported its financial results for the first quarter of 2025, highlighting key metrics and providing a business update. The company outlined its ongoing projects and strategic initiatives aimed at advancing its therapeutic pipeline. Financial performance indicators showed trends that may influence future operations and market positioning. The financial results and business update indicate moderate influences on the company's performance and market sentiment.

8 Apr

4

Cartesian Therapeutics, Inc. announced that its Descartes-08 trial for myasthenia gravis demonstrated deep and sustained benefits through month 12 after a single course of therapy in a Phase 2b study. The results indicate significant potential for the therapy in treating this condition, showcasing its efficacy and long-term impact on patients. The positive trial results suggest a significant advancement in treatment options for myasthenia gravis, potentially enhancing the company's market position.

23 Mar

3

Timothy Springer invested US$1.4 million in Cartesian Therapeutics, Inc. (RNAC) stock, signaling confidence in the company's future prospects. This significant purchase may influence market sentiment and investor interest in Cartesian Therapeutics. A notable investment by a prominent figure may positively affect market sentiment and interest in the company.

stockrow.com/RNAC · Data as of Mar 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com