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Cargo Therapeutics

CRGXNASDAQ
Logo brought to you by Benzinga Data
$3.39
-9.80-74.30%
At close: -
$3.29
-0.10-2.97%
After Hours: 7:59 PM EDT
Consensus Rating1
Hold
Highest Price Target1
$7.00
Lowest Price Target1
$3.00
Consensus Price Target1
$4.67

Cargo Therapeutics (NASDAQ:CRGX) Stock, Analyst Ratings, Price Targets, Forecasts

Cargo Therapeutics Inc has a consensus price target of $4.67 based on the ratings of 8 analysts. The high is $7 issued by Truist Securities on January 30, 2025. The low is $3 issued by Jefferies on January 30, 2025. The 3 most-recent analyst ratings were released by Truist Securities, Piper Sandler, and Jefferies on January 30, 2025, respectively. With an average price target of $4.67 between Truist Securities, Piper Sandler, and Jefferies, there's an implied 41.88% upside for Cargo Therapeutics Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Aug 24
3
Nov 24
4
1
Jan
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Truist Securities
Piper Sandler
Jefferies

1calculated from analyst ratings

Analyst Ratings for Cargo Therapeutics

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Cargo Therapeutics (CRGX) stock?

A

The latest price target for Cargo Therapeutics (NASDAQ:CRGX) was reported by Truist Securities on January 30, 2025. The analyst firm set a price target for $7.00 expecting CRGX to rise to within 12 months (a possible 112.82% upside). 17 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cargo Therapeutics (CRGX)?

A

The latest analyst rating for Cargo Therapeutics (NASDAQ:CRGX) was provided by Truist Securities, and Cargo Therapeutics downgraded their hold rating.

Q

When was the last upgrade for Cargo Therapeutics (CRGX)?

A

There is no last upgrade for Cargo Therapeutics

Q

When was the last downgrade for Cargo Therapeutics (CRGX)?

A

The last downgrade for Cargo Therapeutics Inc happened on January 30, 2025 when Truist Securities changed their price target from $32 to $7 for Cargo Therapeutics Inc.

Q

When is the next analyst rating going to be posted or updated for Cargo Therapeutics (CRGX)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cargo Therapeutics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cargo Therapeutics was filed on January 30, 2025 so you should expect the next rating to be made available sometime around January 30, 2026.

Q

Is the Analyst Rating Cargo Therapeutics (CRGX) correct?

A

While ratings are subjective and will change, the latest Cargo Therapeutics (CRGX) rating was a downgraded with a price target of $32.00 to $7.00. The current price Cargo Therapeutics (CRGX) is trading at is $3.29, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.