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Arcellx (ACLX) Stock Price, News & Analysis

$64.41
+1.72 (+2.74%)
(As of 07/26/2024 ET)
Today's Range
$62.36
$64.71
50-Day Range
$50.45
$65.92
52-Week Range
$30.88
$75.10
Volume
264,422 shs
Average Volume
459,583 shs
Market Capitalization
$3.45 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$78.00

Arcellx MarketRank™ Stock Analysis

Analyst Rating
Buy
3.07 Rating Score
Upside/​Downside
21.1% Upside
$78.00 Price Target
Short Interest
Bearish
12.47% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.63mentions of Arcellx in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$6.01 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($1.70) to ($1.88) 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.

1.33 out of 5 stars

Medical Sector

764th out of 936 stocks

Biological Products, Except Diagnostic Industry

130th out of 154 stocks

ACLX stock logo

About Arcellx Stock (NASDAQ:ACLX)

Arcellx, Inc., together with its subsidiary, engages in the development of various immunotherapies for patients with cancer and other incurable diseases in the United States. The company's lead ddCAR product candidate is anitocabtagene autoleucel, which is in phase 2 clinical trial for the treatment of patients with relapsed or refractory multiple myeloma (rrMM). It also develops ACLX-001, a product candidate in Phase 1 clinical trials targeting BCMA to treat rrMM; and ACLX-002, which is in Phase 1 clinical trials that targets CD123 for treating relapsed or refractory acute myeloid leukemia (AML) and myelodysplastic syndrome (MDS). In addition, the company's preclinical product includes ACLX-003 for the treatment of AML and MDS. Further, it focuses on the development of product candidates for solid tumor programs. It has a strategic alliance with Kite Pharma, Inc. to co-develop and co-commercialize anitocabtagene autoleucel. The company was formerly known as Encarta Therapeutics, Inc. and changed its name to Arcellx, Inc. in January 2016. Arcellx, Inc. was incorporated in 2014 and is headquartered in Redwood City, California.

ACLX Stock Price History

ACLX Stock News Headlines

625,000% Gain
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Decoding 8 Analyst Evaluations For Arcellx
7 Biotech Stocks to Put on Your Breakthrough Radar
Truist Financial Reaffirms Their Buy Rating on Arcellx Inc (ACLX)
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
7/26/2024
Next Earnings (Estimated)
8/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:ACLX
Fax
N/A
Employees
80
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$78.00
High Stock Price Target
$87.00
Low Stock Price Target
$52.00
Potential Upside/Downside
+21.8%
Consensus Rating
Buy
Rating Score (0-4)
3.07
Research Coverage
14 Analysts

Profitability

Net Income
$-70,690,000.00
Pretax Margin
-38.13%

Debt

Sales & Book Value

Annual Sales
$110.32 million
Book Value
$9.97 per share

Miscellaneous

Free Float
50,164,000
Market Cap
$3.43 billion
Optionable
Optionable
Beta
0.23
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Key Executives


ACLX Stock Analysis - Frequently Asked Questions

How have ACLX shares performed this year?

Arcellx's stock was trading at $55.50 at the start of the year. Since then, ACLX stock has increased by 16.1% and is now trading at $64.41.
View the best growth stocks for 2024 here
.

How were Arcellx's earnings last quarter?

Arcellx, Inc. (NASDAQ:ACLX) posted its earnings results on Thursday, May, 9th. The company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.51) by $0.37. The business's revenue was up 119.2% compared to the same quarter last year.

When did Arcellx IPO?

Arcellx (ACLX) raised $132 million in an initial public offering (IPO) on Friday, February 4th 2022. The company issued 8,250,000 shares at $15.00-$17.00 per share.

Who are Arcellx's major shareholders?

Arcellx's top institutional shareholders include Bank of New York Mellon Corp (0.28%), Harbor Capital Advisors Inc. (0.04%), Allspring Global Investments Holdings LLC (0.03%) and China Universal Asset Management Co. Ltd. (0.01%). Insiders that own company stock include Enterprise Associates 15 New, Sr One Capital Management, Llc, Jill Carroll, Rami Elghandour, Christopher Heery, Michelle Gilson, Olivia C Ware and Kavita Patel.
View institutional ownership trends
.

How do I buy shares of Arcellx?

Shares of ACLX 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:ACLX) was last updated on 7/26/2024 by MarketBeat.com Staff

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