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Cartesian Therapeutics Inc has a consensus price target of $40.8 based on the ratings of 7 analysts. The high is $43 issued by Canaccord Genuity on July 3, 2024. The low is $39 issued by Leerink Partners on April 23, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., Needham, and Needham on November 8, 2024, November 8, 2024, and October 16, 2024, respectively. With an average price target of $41 between HC Wainwright & Co., Needham, and Needham, there's an implied 136.58% upside for Cartesian Therapeutics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cartesian Therapeutics (NASDAQ:RNAC) was reported by HC Wainwright & Co. on November 8, 2024. The analyst firm set a price target for $41.00 expecting RNAC to rise to within 12 months (a possible 136.58% upside). 29 analyst firms have reported ratings in the last year.
The latest analyst rating for Cartesian Therapeutics (NASDAQ:RNAC) was provided by HC Wainwright & Co., and Cartesian Therapeutics maintained their buy rating.
There is no last upgrade for Cartesian Therapeutics
The last downgrade for Cartesian Therapeutics Inc happened on July 2, 2024 when Oppenheimer changed their price target from N/A to N/A for Cartesian Therapeutics Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cartesian 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 Cartesian Therapeutics was filed on November 8, 2024 so you should expect the next rating to be made available sometime around November 8, 2025.
While ratings are subjective and will change, the latest Cartesian Therapeutics (RNAC) rating was a maintained with a price target of $45.00 to $41.00. The current price Cartesian Therapeutics (RNAC) is trading at is $17.33, which is out of the analyst’s predicted range.
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