TScan Therapeutics, Inc. TCRX

0.34 (0.01) (2.86%) as of 25 Sep
Market cap
$23.7M
P/E
0.0×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.15
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — 1 — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 55.31%

Capital & Financial Ratios

Market Cap 23.65
Revenue 7.11
Net Income (117.71)
Free Cash Flow (118.41)
Net Debt (67.38)
Current Ratio 3.37
Debt/Equity 0.47
P/E ratio 0.00
P/S ratio 6.21
P/B ratio 0.64
Past 5Y EPS Growth (14.41%)
This Y EPS Growth 0.75%
Next Y EPS Growth 28.66%
Next 5Y EPS Growth 13.71%
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
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 192 290 152 100
Receivables — — — —
Inventory — — — —
Other — — — —
194 293 157 104
2023 2024 2025 Q'26
Payables 2 4 1 3
ST’ Debt 3 — — 12
Other — — — —
30 36 19 31
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 56.92% (8.63%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 7.38%

Revenue

Mar Jun Sep Dec Year
’26 1 1 — — —
’25 2 3 3 3 10
’24 1 1 1 1 3
’23 7 3 4 7 21
’22 3 4 3 3 14
’21 2 3 2 3 10
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (24) (28) — — —
’25 (38) (33) (32) (32) (135)
’24 (29) (26) (28) (27) (111)
’23 (24) (22) 8 (24) (61)
’22 (20) (13) (17) (16) (67)
’21 (10) (11) (14) (14) (49)
’20 (5) 15 (6) (7) (3)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (24) (28) — — —
’25 (39) (35) (34) (32) (140)
’24 (30) (27) (29) (28) (115)
’23 (24) (22) 7 (24) (65)
’22 (21) (15) (17) (17) (71)
’21 (13) (15) (14) (17) (59)
’20 (6) 15 (7) (9) (7)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.22) (0.23) — — —
’25 (0.26) (0.28) (0.28) (0.18) (1.00)
’24 (0.32) (0.28) (0.25) (0.30) (1.14)
’23 (0.93) (0.51) (0.24) (0.21) (1.36)
’22 (0.67) (0.63) (0.67) (0.78) (2.75)
’21 (6.49) (7.69) (0.80) 10.81 (4.17)
’20 (7.13) (6.17) (7.16) (8.07) (28.52)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.7
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — 4.50 1.45 1.60 2.60 0.88

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — 14.71 5.60 7.15 9.69 3.21
High Price
— — — — 64 105 138 154 194 142
Employees
— — — — 0 0 0 0 0 0
Revenue/Emp
— — — — 1 10 14 21 3 10
Revenue
— — — 0.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Gross Margin
— — — (14) (26) (49) (66) (89) (127) (130)
EBT
— — — 0.00% (2,408.02%) (479.49%) (489.26%) (423.86%) (4,527.66%) (1,256.81%)
EBT Margin
— 0 — (14) (26) (49) (66) (89) (127) (130)
Net Income
— — — 1 1 3 5 5 4 3
Depreciation
— — — 0.00 1.18 0.87 0.56 0.32 0.03 0.08
Revenue/Sh
— — — (35.48) (28.52) (4.17) (2.75) (1.36) (1.14) (1.00)
Earnings/Sh
— — — (32.52) (3.30) (4.17) (2.77) (0.94) (0.99) (1.04)
Cash Flow/Sh
— — — (3.24) (4.63) (0.85) (0.18) (0.05) (0.03) (0.03)
Capex/Sh
— — — (35.76) (7.93) (5.03) (2.94) (0.98) (1.02) (1.08)
Free CF/Sh
— — — (44.51) (46.36) 13.79 4.13 2.30 2.15 0.95
Book Value/Sh
— — — 0 1 12 24 66 112 130
Shares
— — — — 0.00 0.00 0.00 0.00 0.00 0.00
PE Ratio
— — — — 2.45 5.18 3.04 17.80 120.90 12.57
PS Ratio
— — — — 0.00 0.33 0.41 2.48 1.41 1.05
PB Ratio
— — — — (14.23) (10.14) (3.39) 10.10 32.94 1.96
EV/Sales
— — — — 1.95 1.76 0.65 (3.30) (0.81) (0.14)
EV/FCF
— — — (13) (3) (49) (67) (61) (111) (135)
Op' Cash Flow
— — — (1) (4) (10) (4) (3) (4) (4)
Capex
— — — (14) (7) (59) (71) (65) (115) (140)
FCF
— — — 40 19 144 107 164 257 139
Working Cap'
— — — 5 7 6 33 30 32 33
Total Debt
— — — (37) (27) (155) (87) (162) (258) (120)
Net Debt
— — — (17) (42) 161 99 151 241 123
Sh' Equity
— — — (55.31%) (52.72%) (40.89%) (34.21%) (37.87%) (39.64%) (43.26%)
ROA
— — — 0.00% 0.00% (561.31%) (336.46%) 0.00% 0.00% (2,610.99%)
ROIC
— — — 45.83% 87.67% (82.20%) (50.90%) (71.29%) (65.08%) (71.28%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

TScan Therapeutics, Inc. (TCRX) key facts

  • TScan Therapeutics, Inc. (TCRX) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • TScan Therapeutics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $10.3 million, up 266.7% from fiscal 2024.
  • As of September 25, 2026, TCRX traded at $0.34, a market capitalization of $23.7 million.
  • Return on equity was −71.3% and debt-to-equity 0.47.

Source: company filings (standardised) and stockrow calculations.

TScan Therapeutics, Inc. (TCRX) Latest News

News by impact score

Fine-tune

2 Sep

4

TScan Therapeutics cuts its workforce by 75% and redirects focus to its solid tumor program. Drastic 75% workforce reduction plus strategic pivot to solid tumors represents a major overhaul that will reshape operations and market perception.

4

TScan Therapeutics announces strategic reorganization to prioritize in vivo cell therapy for solid tumors. Reorganization redirects resources to in vivo cell therapy, representing major strategic shift with potential to redefine pipeline and long-term prospects.

12 Aug

3

TScan Therapeutics, Inc. posted a Q2 net loss and missed revenue estimates. Q2 loss and revenue miss signal near-term pressure on financial results and stock reaction.

3

TScan Therapeutics reported second quarter 2026 financial results and provided a corporate update. Quarterly financial results and updates typically produce moderate short-term effects on stock price and sentiment.

3

TScan Therapeutics, Inc. (TCRX) reported a loss for Q2 but exceeded revenue estimates. The company's financial performance reflects ongoing challenges while demonstrating some positive revenue trends. Investors are closely monitoring TScan's strategic direction and product development as it navigates the competitive landscape. Exceeding revenue estimates indicates potential for moderate improvement in financial performance.

3

TScan Therapeutics, Inc. (TCRX) reported its financial results for the second quarter of 2025, highlighting key metrics and developments in its corporate strategy. The company provided updates on its ongoing clinical trials and research initiatives, emphasizing advancements in its therapeutic pipeline. Financial performance indicators showed trends that may influence future operations and investor sentiment. The financial results and corporate updates indicate moderate influence on TScan's future performance and market positioning.

29 Jul

4

TScan Therapeutics dosed the first patient in Phase 3 ALLOHA-2 pivotal trial of TSC-101 for heme malignancies. Phase 3 start for lead candidate TSC-101 represents major clinical advancement with direct effect on future regulatory and commercial trajectory.

22 Jun

4

TScan Therapeutics announced positive initial data from Cohort C of its ALLOHA Phase 1 study evaluating TSC-101 in patients with heme malignancies undergoing allogeneic hematopoietic cell transplantation. Positive Phase 1 data for TSC-101 advances TScan's clinical pipeline and strengthens prospects in transplant therapies.

3 Jun

3

Cellares and TScan Therapeutics agreed to evaluate automated manufacturing of TSC-101 for hematologic malignancies patients. Manufacturing evaluation deal for TSC-101 may improve production scalability for core therapy without confirmed implementation.

6 May

4

TScan Therapeutics, Inc. reported its first quarter 2025 financial results, highlighting a revenue increase to $2.2 million and a net loss of $34.1 million. The company is on track to file an IND application for TSC-102-A0301 and anticipates updates from its PLEXI-T and ALLOHA clinical trials by year-end. Stephen Camiolo was appointed as Senior Vice President, Market Access. TScan's cash position remains strong, with $251.7 million available to fund operations into 2027. The anticipated IND filing and updates from key clinical trials could significantly influence TScan's market position and investor sentiment.

3

TScan Therapeutics, Inc. (TCRX) reported a first-quarter net loss and revenue below analyst estimates. Q1 loss and revenue miss highlight weaker-than-expected financial performance, likely affecting short-term investor sentiment and stock price.

3

TScan Therapeutics reported first quarter 2026 financial results and provided a corporate update. Quarterly financial results and corporate updates moderately affect financial performance and investor sentiment.

3

TScan Therapeutics, Inc. (TCRX) reported a Q1 loss of $0.26 per share, better than the Zacks Consensus Estimate of $0.28, and improved from a loss of $0.32 per share a year ago. The company posted revenues of $2.17 million, exceeding estimates by 34.43% and up from $0.57 million year-over-year. TScan has surpassed EPS estimates three times in the last four quarters but has underperformed the market, with shares down 50.7% year-to-date. The current consensus EPS estimate for the next quarter is -$0.29 on revenues of $1.62 million. The Zacks Rank for TScan is #3 (Hold), indicating expected performance in line with the market. The Medical - Biomedical and Genetics industry ranks in the top 31% of Zacks industries. The mixed earnings outlook and recent performance suggest a moderately noticeable influence on TScan's future.

4 Mar

3

TScan Therapeutics reported Q4 and full-year 2025 financial results: R&D expenses $42.3M for year, net loss $107.9M, cash $137.1M runway into mid-2027. Business update includes positive Phase 1 data for TCRTX-306/ASTX-306 in ADCs, manufacturing CMC progress, new trial initiations, and upcoming milestones. Financial results confirm extended cash runway while pipeline updates signal moderate clinical progress influencing investor sentiment.

26 Feb

4

TScan Therapeutics completed enrollment in Cohort C of its Phase 1 ALLOHA™ Trial and announced FDA clearance of Investigational New Drug applications for heme candidates TSC-102-A01 and TSC-102-A03. Clinical trial enrollment completion and FDA IND clearances for two new candidates represent major pipeline advancements with potential to drive stock momentum and future partnerships.

6 Dec

4

TScan Therapeutics, Inc. (TCRX) presented positive updated data from the ALLOHA™ Phase 1 Heme Trial at the 67th American Society of Hematology Annual Meeting. The trial demonstrated promising results in treating hematologic malignancies, showcasing the potential of TScan's innovative therapies. This data is expected to enhance the company's position in the competitive landscape of oncology treatments. Positive trial results could significantly impact TScan's market position and investor sentiment.

3 Dec

4

TScan Therapeutics, Inc. will host a virtual Key Opinion Leader (KOL) event to provide clinical updates from the ALLOHA™ Phase 1 trial and discuss future market opportunities. This event aims to inform stakeholders about the progress and potential of TScan's therapeutic developments. The KOL event is expected to significantly influence investor sentiment and market positioning due to the clinical updates and future opportunities presented.

12 Nov

3

TScan Therapeutics, Inc. (TCRX) reported a loss for Q3 that exceeded analysts' expectations, with revenues falling short of estimates. The company continues to face challenges in its financial performance, which may impact investor sentiment and future operations. The financial results indicate challenges that could moderately influence the company's performance and market perception.

3

TScan Therapeutics, Inc. (TCRX) reported its financial results for the third quarter of 2025, highlighting key metrics and developments in its corporate strategy. The company provided updates on its ongoing clinical trials and pipeline progress, emphasizing advancements in its therapeutic offerings. Management expressed optimism about future growth and strategic initiatives aimed at enhancing shareholder value. The financial results and corporate updates indicate moderate progress in key areas that could influence TScan's market position.

5 Nov

3

TScan Therapeutics, Inc. (TCRX) will participate in the Guggenheim 2nd Annual Healthcare Innovation Conference, showcasing its advancements in T cell therapy and innovative approaches to treating cancer. The event will provide a platform for TScan to engage with investors and industry leaders, highlighting its strategic initiatives and potential growth in the healthcare sector. Participation in a prominent healthcare conference may enhance visibility and investor interest, but the immediate impact on the company's trajectory is expected to be limited.

3 Nov

4

TScan Therapeutics, Inc. has reached an agreement with the FDA on the pivotal study design for its lead product, TSC-101. The company is strategically prioritizing the advancement of TSC-101 while also extending its cash runway into the second half of 2027. The FDA agreement on pivotal study design and strategic prioritization are significant moves that could greatly influence TScan's future performance and market position.

16 Oct

4

TScan Therapeutics, Inc. (TCRX) is highlighted as a promising investment opportunity for 2025 due to its innovative approach in developing T-cell therapies for cancer treatment. The company is positioned to benefit from advancements in personalized medicine and has shown potential in clinical trials. Analysts suggest that TCRX's unique technology and strategic partnerships could lead to significant growth, making it an overlooked stock worth considering for investors looking for long-term gains. TScan Therapeutics is poised for significant growth due to its innovative therapies and strategic positioning in the cancer treatment market.

17 Sep

3

TScan Therapeutics, Inc. (TCRX) announced that it will present oral and poster presentations at the American College of Rheumatology Convergence 2025. These presentations are expected to showcase the company's advancements in T-cell therapies for autoimmune diseases, highlighting its commitment to innovation in the field. Presentations at a major conference can enhance visibility and credibility, potentially influencing investor sentiment and market performance.

15 Aug

3

TScan Therapeutics, Inc. is facing pressure to manage its cash reserves effectively as it navigates its financial landscape. The company must prioritize spending to ensure sustainability and support its ongoing projects amid market challenges. Investors are advised to monitor TScan's financial strategies closely to gauge future performance. Effective cash management is crucial for TScan's operational stability and could influence its financial performance.

24 Jun

4

TScan Therapeutics, Inc. (TCRX) is highlighted as a promising small-cap stock under $10, focusing on innovative T-cell therapies for cancer treatment. The company is advancing its pipeline, which includes a lead candidate targeting solid tumors. With a strong management team and strategic partnerships, TScan aims to leverage its proprietary technology to enhance patient outcomes. The article emphasizes the potential for significant growth as the company progresses through clinical trials and seeks to address unmet medical needs in oncology. TScan's advancements in T-cell therapies and ongoing clinical trials are likely to significantly impact its market position and investor sentiment.

28 May

3

TScan Therapeutics, Inc. (TCRX) announced that it will present at the Jefferies Global Healthcare Conference. The presentation is scheduled for June 7, 2023, and will feature insights into the company's innovative T cell receptor (TCR) platform and its potential applications in treating cancer. This event provides an opportunity for TScan to engage with investors and industry stakeholders, highlighting its advancements and strategic direction in the healthcare sector. The presentation at a major healthcare conference may enhance investor interest and provide insights into TScan's strategic initiatives, but its immediate impact on financial performance is expected to be limited.

28 Apr

3

TScan Therapeutics, Inc. announced the acceptance of an abstract for a poster presentation at the American Society of Gene and Cell Therapy 28th Annual Meeting, scheduled for May 13-17 in New Orleans, LA. The presentation, titled 'CD45 as a Universal Target for Adjuvant TCR-T Cell Therapy Following Allogeneic Hematopoietic Cell Transplantation,' will take place on May 13 from 6:00 to 7:30 p.m. Central Time. TScan is focused on developing T cell receptor-engineered therapies for cancer treatment, with ongoing clinical trials for hematologic malignancies and solid tumors. Presentation materials will be available on the company's website post-event. The presentation at a major conference may enhance visibility and interest in TScan's therapies, potentially influencing market sentiment.

27 Mar

3

TScan Therapeutics, Inc. has appointed Stephen Camiolo as Senior Vice President of Market Access. Camiolo brings extensive experience in commercial strategy and market access, having previously held leadership roles at various biopharmaceutical companies. His appointment is expected to enhance TScan's efforts in expanding access to its innovative therapies and strengthen its market position. Camiolo's experience may moderately influence TScan's market positioning and operational effectiveness.

6 Mar

3

TScan Therapeutics (NASDAQ:TCRX) reported a net loss of US$127.5 million for FY 2024, a 43% increase from FY 2023, with a loss per share of US$1.14. Revenue fell short of analyst expectations by 22%, and earnings per share missed by 2.4%. Despite these results, revenue is projected to grow by an average of 54% annually over the next three years, outpacing the 20% growth forecast for the US biotech industry. The company's share price has remained stable over the past week, but there are four warning signs identified for potential investors. The significant revenue miss and widening losses indicate potential challenges that could moderately affect TScan's financial performance and market perception.

5 Mar

3

TScan Therapeutics, Inc. (TCRX) reported a loss for Q4 that exceeded analysts' expectations, with revenues falling short of estimates. The company continues to face challenges in its financial performance, which may impact investor sentiment and future operations. The financial results indicate challenges that could moderately influence TScan's market position and investor confidence.

stockrow.com/TCRX · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com