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How to Buy Fate Therapeutics Stock

Fate Therapeutics Inc

Fate Therapeutics, Inc. , a clinical-stage biopharmaceutical company, develops programmed cellular immunotherapies for cancer and immune disorders worldwide.

Fate Therapeutics stock last closed at $3.61, down 3.99% from the previous day, and has decreased 33.52% in one year. It has underperformed other stocks in the Biotechnology industry by 0.11 percentage points. Fate Therapeutics stock is currently +121.47% from its 52-week low of $1.63, and -59.12% from its 52-week high of $8.83.

As of Jun 14, 2024, there are 113.83M shares of FATE outstanding. The market value of FATE is $410.93M. In the past 24 hours, 2.2M FATE shares were traded.

How to Buy Fate Therapeutics Stock

Wondering how to invest in Fate Therapeutics stock? Here's how.
  1. Decide where to buy Fate Therapeutics stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Fate Therapeutics stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Pick your method of payment and add your information.
  4. Evaluate Fate Therapeutics stock: The Fate Therapeutics ticker symbol is FATE. Is Fate Therapeutics stock a good investment? Should you buy shares of FATE? How do FATE's underlying business fundamentals look? Do top analysts think Fate Therapeutics is a good buy? Why has FATE's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if FATE is a good stock to buy).
  5. Execute your FATE trade: Decide if you will purchase FATE shares at the current market price or use a limit order to purchase FATE stock at a particular price.
  6. Get the latest scoop on your investment in FATE: Create a watchlist to get live updates on your position in Fate Therapeutics shares.

Step 1: Decide where to buy Fate Therapeutics stock

You will need a brokerage account to access the NASDAQ market and buy FATE stock.

A brokerage account enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected the best brokerage, you'll need to fill out some personal information so you can buy FATE stock today.

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Step 3: Deposit funds into your investment account

Now that you have filled out your info on the best app for stock investing, you need to deposit funds:

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Step 4: Evaluate Fate Therapeutics stock

After you have chosen the best place to buy Fate Therapeutics stock, it's absolutely critical to analyze their stock prior to buying, so you can comprehend the risk and opportunity.

Fate Therapeutics Numbers

FATE Price
$3.61
1w %
-1.9%
1y %
-33.52%
5y %
-79.75%
P/E
-1.88x
P/B
0.96x
P/S
56.41x
PEG
N/A
Revenue
$6.48M
Earnings
-$190.05M
Fore. Rev. Growth
303.85%
Fore. Earn. Growth
N/A
Market Cap
$410.93M
Next Earnings
Aug 6, 2024
Next Dividend
N/A

FATE Fundamentals

WallStreetZen was created to help part-time investors do better fundamental analysis quickly.

You can see all of the due diligence checks on FATE's stock page.

Is FATE stock undervalued or overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge FATE's intrinsic value.

Using relative valuations ratios:

  • FATE may be undervalued based on its P/B ratio of 0.96x, relative to Biotechnology industry P/B ratio of 6.25x

You can access additional valuation research on FATE's stock here.

A quick look at FATE Financials

Positive Health Checks:

  • FATE has $398.72M in cash and short term investments. This is enough to cover its annual cash burn of $139.78M.
  • FATE has cash burn of 139784000. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the FATE balance sheet.
  • FATE has a low debt to equity ratio of 0.34.
  • There are more short-term assets than short-term liabilities on the FATE balance sheet.
  • Total FATE debt is lower than 5 years ago, relative to shareholder equity.

Negative Health Checks:

  • FATE profit margin has gone down from -171.6% to -2,933.8% in the past year.

Do Wall Street analysts think it's a good time to buy FATE stock

Out of 8 sell side analysts who research FATE, the consensus analyst rating on FATE is a Hold

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

Most Recent FATE Analyst Forecasts

Tazeen Ahmad, a bottom 14% analyst from Bank of America maintains FATE with a sell rating and raises their FATE price target from $2.00 to $6.00, on Mar 28, 2024.

Michael Ulz, a top 8% analyst from Morgan Stanley maintains FATE with a hold rating and raises their FATE price target from $3.00 to $7.00, on Feb 27, 2024.

Peter Lawson, a top 30% analyst from Barclays maintains FATE with a strong buy rating and raises their FATE price target from $6.00 to $10.00, on Feb 27, 2024.

You can dig deeper into what analysts are saying on the Fate Therapeutics stock forecast page.

FATE Trading Indicators

SMA10
3.75
SMA20
3.68
SMA50
4.32
SMA100
5.57
SMA200
4.11
MACD
-0.16
MACD Signal
-0.22
MACD Histogram
0.06
RSI
39.35
Stochastic %K
43.92
Stochastic %D
60.89
StochRSI %K
71.61
StochRSI %D
84.13

FATE Earnings

Last year, FATE revenue was $6.48M. During the past 5 year, FATE's revenue has increased by 0.41% per year. This was slower than the Biotechnology industry average of 31.49%.

Learn more about FATE's earnings and revenue performance here.

Who is buying/selling FATE?

Over the last year, executives and large shareholders at FATE have sold more shares than they have bought.

Edward J. Dulac Iii, Chief Financial Officer of FATE, was the latest FATE insider to sell. They sold $19,013.19 worth of FATE stock on Mar 4, 2024.

Dig into more about who owns FATE shares here.

Does FATE provide a stable income stream?

No, Fate Therapeutics doesn't provide an income stream by paying out dividends.

What others are saying about FATE

One of the reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Execute your FATE trade

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at an exact dollar amount limit, use a limit order.

Click the Open Trade button and your broker will execute the order.

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Step 6: Get the latest scoop on your investment in FATE

Now that you own some shares in FATE, you'll want to stay up-to-date on your shares.

Make a watchlist to monitor your FATE stock.

FATE Feed

How to Buy Stock in Fate Therapeutics

To reiterate, here are the 6 steps for buying Fate Therapeutics stock:

  1. Decide where to buy Fate Therapeutics stock
  2. Create your brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Fate Therapeutics stock
  5. Execute your FATE trade
  6. Get the latest scoop on your investment in FATE

If you need a brokerage, eToro is our favorite venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your investment in Fate Therapeutics, add FATE to your watchlist below.

NASDAQ: FATE
$3.61-0.15 (-3.99%)
Updated Jun 14, 2024
Open eToro Account
NASDAQ: FATE
$3.61-0.15 (-3.99%)
Updated Jun 14, 2024
Open eToro Account

FAQ

How much does it cost to buy one Fate Therapeutics share?

As of Jun 14, 2024, it costs $3.61 to buy one share of Fate Therapeutics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.277 shares of FATE.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Fate Therapeutics stock?

According to 8 Wall Street analysts who monitor Fate Therapeutics, their consensus recommendation is to hold Fate Therapeutics stock.

What is the best way to buy Fate Therapeutics stock?

One way to place an order for Fate Therapeutics stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.