NASDAQ:CRGX

CARGO Therapeutics (CRGX) Stock Price, News & Analysis

$19.10
+0.04 (+0.21%)
(As of 04/30/2024 ET)
Today's Range
$18.76
$19.58
50-Day Range
$18.28
$32.23
52-Week Range
$13.14
$33.92
Volume
100,402 shs
Average Volume
269,419 shs
Market Capitalization
$751.97 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$29.67

CARGO Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
55.3% Upside
$29.67 Price Target
Short Interest
Bearish
13.21% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.00mentions of CARGO Therapeutics in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($5.60) to ($5.65) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.72 out of 5 stars

Medical Sector

679th out of 918 stocks

Biological Products, Except Diagnostic Industry

111th out of 151 stocks

CRGX stock logo

About CARGO Therapeutics Stock (NASDAQ:CRGX)

CARGO Therapeutics, Inc., a clinical-stage biotechnology company, develops chimeric antigen receptor (CAR) T-cell therapies for cancer patients. The company's lead program is CRG-022, an autologous CD22 CAR T-cell product candidate designed to address resistance mechanisms by targeting CD22, an alternate tumor antigen that is expressed in B-cell malignancies. It also develops CRG-023, a tri-specific CAR T product candidate that targets tumor cells with three B-cell antigen targets. The company was formerly known as Syncopation Life Sciences, Inc. and changed its name to CARGO Therapeutics, Inc. in September 2022. CARGO Therapeutics, Inc. was incorporated in 2019 and is headquartered in San Mateo, California.

CRGX Stock Price History

CRGX Stock News Headlines

#1 election stock
I’ve found the number one company to buy… Before either Trump or Biden wins in November. It all has to do with an overlooked executive order that Trump signed just days before leaving office… and that Biden has quietly hijacked for his own political power.
CARGO Therapeutics, Inc. (CRGX)
CARGO Therapeutics appoints new board member
#1 election stock
I’ve found the number one company to buy… Before either Trump or Biden wins in November. It all has to do with an overlooked executive order that Trump signed just days before leaving office… and that Biden has quietly hijacked for his own political power.
Spyre Therapeutics, Inc. (SYRE)
3 New Stock Listings That Can Deliver Multibagger Returns
CRGX CARGO Therapeutics, Inc.
CARGO Therapeutics Inc.
Cargo Therapeutics Inc CRGX
See More Headlines
Receive CRGX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for CARGO Therapeutics and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/21/2024
Today
4/30/2024
Next Earnings (Estimated)
6/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:CRGX
Previous Symbol
NASDAQ:CRGX
Fax
N/A
Employees
116
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$29.67
High Stock Price Target
$34.00
Low Stock Price Target
$23.00
Potential Upside/Downside
+55.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$9.84 per share

Miscellaneous

Free Float
N/A
Market Cap
$751.97 million
Optionable
N/A
Beta
N/A
Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

Key Executives

  • Ms. Gina Chapman (Age 56)
    President, CEO & Director
    Comp: $755.35k
  • Dr. Crystal L. Mackall M.D. (Age 63)
    Co-Founder
    Comp: $160k
  • Dr. Shishir Gadam Ph.D. (Age 57)
    Chief Technical Officer
    Comp: $674.03k
  • Dr. Robbie Majzner M.D.
    Founder & Chair of Scientific Advisory Board
  • Ms. Nancy Goodman J.D.
    Founder
  • Dr. Louai Labanieh
    Founder
  • Mr. Anup Radhakrishnan (Age 44)
    CFO, Secretary & Chief Business Officer
  • Dr. Corinne D. Epperly M.D. (Age 46)
    M.P.H., Chief Operating Officer
  • Mr. Faisal Shawwa M.B.A.
    Senior Vice President of Finance & Accounting
  • Dr. Michael Ports Ph.D. (Age 43)
    Chief Scientific Officer

CRGX Stock Analysis - Frequently Asked Questions

Should I buy or sell CARGO Therapeutics stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CARGO Therapeutics in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CRGX shares.
View CRGX analyst ratings
or view top-rated stocks.

What is CARGO Therapeutics' stock price target for 2024?

4 Wall Street research analysts have issued 12-month price targets for CARGO Therapeutics' stock. Their CRGX share price targets range from $23.00 to $34.00. On average, they expect the company's share price to reach $29.67 in the next twelve months. This suggests a possible upside of 55.3% from the stock's current price.
View analysts price targets for CRGX
or view top-rated stocks among Wall Street analysts.

How have CRGX shares performed in 2024?

CARGO Therapeutics' stock was trading at $23.15 on January 1st, 2024. Since then, CRGX shares have decreased by 17.5% and is now trading at $19.10.
View the best growth stocks for 2024 here
.

Are investors shorting CARGO Therapeutics?

CARGO Therapeutics saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 3,400,000 shares, a drop of 5.3% from the March 31st total of 3,590,000 shares. Based on an average daily trading volume, of 303,200 shares, the short-interest ratio is presently 11.2 days. Approximately 13.2% of the company's shares are short sold.
View CARGO Therapeutics' Short Interest
.

When is CARGO Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 20th 2024.
View our CRGX earnings forecast
.

How were CARGO Therapeutics' earnings last quarter?

CARGO Therapeutics, Inc. (NASDAQ:CRGX) announced its earnings results on Thursday, March, 21st. The company reported ($1.49) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.62) by $0.13.

When did CARGO Therapeutics IPO?

CARGO Therapeutics (CRGX) raised $281 million in an initial public offering (IPO) on Friday, November 10th 2023. The company issued 18,750,000 shares at a price of $15.00 per share.

When does CARGO Therapeutics' lock-up period expire?

CARGO Therapeutics' lock-up period expires on Wednesday, May 8th. CARGO Therapeutics had issued 18,750,000 shares in its public offering on November 10th. The total size of the offering was $281,250,000 based on an initial share price of $15.00. After the expiration of CARGO Therapeutics' lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

How do I buy shares of CARGO Therapeutics?

Shares of CRGX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CRGX) was last updated on 5/1/2024 by MarketBeat.com Staff

From Our Partners