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NASDAQ: RNAC
Cartesian Therapeutics Inc Stock Forecast, Predictions & Price Target

Analyst price target for RNAC

Based on 6 analysts offering 12 month price targets for Cartesian Therapeutics Inc.
Min Forecast
$39.00+200.46%
Avg Forecast
$43.00+231.28%
Max Forecast
$50.00+285.21%

Should I buy or sell RNAC stock?

Based on 6 analysts offering ratings for Cartesian Therapeutics Inc.
Strong Buy
Strong Buy
2 analysts 33.33%
Buy
4 analysts 66.67%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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RNAC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-09-04
lockedlocked$00.00+00.00%2024-08-09
lockedlocked$00.00+00.00%2024-07-03
lockedlocked$00.00+00.00%2024-06-24
lockedlocked$00.00+00.00%2024-05-24
Leerink Partners
Top 6%
95
BuyInitiates Coverage On$39.00+200.46%2024-04-23

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Forecast return on equity

Is RNAC forecast to generate an efficient return?
Company
N/A
Industry
-388.81%
Market
59.09%

Forecast return on assets

Is RNAC forecast to generate an efficient return on assets?
Company
-42.18%
Industry
27.33%
RNAC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

RNAC earnings per share forecast

What is RNAC's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$3.99
Avg 2 year Forecast
-$3.49
Avg 3 year Forecast
-$3.63

RNAC revenue forecast

What is RNAC's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$43.3M-19.98%
Avg 2 year Forecast
$24.0M-55.64%
Avg 3 year Forecast
$24.0M-55.64%
RNAC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RNAC revenue growth forecast

How is RNAC forecast to perform vs Biotechnology companies and vs the US market?
Company
-27.78%
Industry
34.98%
Market
9.26%
RNAC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RNAC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RNAC vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
RNAC$12.98$43.00+231.28%Strong Buy
ADAP$1.09$3.38+210.37%Strong Buy
JSPR$18.63$74.80+301.50%Strong Buy
HRTX$1.80$6.00+233.33%Strong Buy
AKBA$1.35$7.50+455.56%Buy

Cartesian Therapeutics Stock Forecast FAQ

Is Cartesian Therapeutics Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: RNAC) stock is to Strong Buy RNAC stock.

Out of 6 analysts, 2 (33.33%) are recommending RNAC as a Strong Buy, 4 (66.67%) are recommending RNAC as a Buy, 0 (0%) are recommending RNAC as a Hold, 0 (0%) are recommending RNAC as a Sell, and 0 (0%) are recommending RNAC as a Strong Sell.

If you're new to stock investing, here's how to buy Cartesian Therapeutics stock.

What is RNAC's earnings growth forecast for 2024-2026?

(NASDAQ: RNAC) Cartesian Therapeutics's forecast annual earnings growth rate of N/A is not forecast to beat the US Biotechnology industry's average forecast earnings growth rate of 15.4%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.02%.

Cartesian Therapeutics's earnings in 2024 is -$233,856,000.On average, 2 Wall Street analysts forecast RNAC's earnings for 2024 to be $85,316,115, with the lowest RNAC earnings forecast at $74,838,698, and the highest RNAC earnings forecast at $95,793,533. On average, 4 Wall Street analysts forecast RNAC's earnings for 2025 to be -$74,624,873, with the lowest RNAC earnings forecast at -$91,944,686, and the highest RNAC earnings forecast at -$49,179,716.

In 2026, RNAC is forecast to generate -$77,511,508 in earnings, with the lowest earnings forecast at -$106,912,425 and the highest earnings forecast at -$48,110,591.

What is RNAC's revenue growth forecast for 2024-2026?

(NASDAQ: RNAC) Cartesian Therapeutics's forecast annual revenue growth rate of -27.78% is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 34.98%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.26%.

Cartesian Therapeutics's revenue in 2024 is $54,102,000.On average, 3 Wall Street analysts forecast RNAC's revenue for 2024 to be $925,711,923, with the lowest RNAC revenue forecast at $840,117,836, and the highest RNAC revenue forecast at $1,096,707,656. On average, 1 Wall Street analysts forecast RNAC's revenue for 2025 to be $513,179,640, with the lowest RNAC revenue forecast at $513,179,640, and the highest RNAC revenue forecast at $513,179,640.

In 2026, RNAC is forecast to generate $513,179,640 in revenue, with the lowest revenue forecast at $513,179,640 and the highest revenue forecast at $513,179,640.

What is RNAC's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: RNAC) forecast ROA is -42.18%, which is lower than the forecast US Biotechnology industry average of 27.33%.

What is RNAC's Price Target?

According to 6 Wall Street analysts that have issued a 1 year RNAC price target, the average RNAC price target is $43.00, with the highest RNAC stock price forecast at $50.00 and the lowest RNAC stock price forecast at $39.00.

On average, Wall Street analysts predict that Cartesian Therapeutics's share price could reach $43.00 by Sep 4, 2025. The average Cartesian Therapeutics stock price prediction forecasts a potential upside of 231.28% from the current RNAC share price of $12.98.

What is RNAC's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: RNAC) Cartesian Therapeutics's current Earnings Per Share (EPS) is -$5.28. On average, analysts forecast that RNAC's EPS will be $3.99 for 2024, with the lowest EPS forecast at $3.50, and the highest EPS forecast at $4.48. On average, analysts forecast that RNAC's EPS will be -$3.49 for 2025, with the lowest EPS forecast at -$4.30, and the highest EPS forecast at -$2.30. In 2026, RNAC's EPS is forecast to hit -$3.63 (min: -$5.00, max: -$2.25).

What is RNAC's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: RNAC) forecast ROE is N/A, which is considered weak.
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