Top-Rated StocksTop-Rated Cabaletta Bio Stock Price, News & Analysis (NASDAQ:CABA) $16.23 +0.24 (+1.50%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$15.35▼$16.5650-Day Range$12.22▼$18.7052-Week Range$5.11▼$19.34Volume983,158 shsAverage Volume1.73 million shsMarket Capitalization$695.44 millionP/E RatioN/ADividend YieldN/APrice Target$27.64 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Cabaletta Bio MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside70.3% Upside$27.64 Price TargetShort InterestHealthy11.81% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.96Based on 2 Articles This WeekInsider TradingSelling Shares$340,230 Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($1.59) to ($1.66) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.39 out of 5 starsMedical Sector157th out of 942 stocksBiological Products, Except Diagnostic Industry25th out of 161 stocks 4.5 Analyst's Opinion Consensus RatingCabaletta Bio has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 10 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.64, Cabaletta Bio has a forecasted upside of 70.3% from its current price of $16.23.Amount of Analyst CoverageCabaletta Bio has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted11.81% of the outstanding shares of Cabaletta Bio have been sold short.Short Interest Ratio / Days to CoverCabaletta Bio has a short interest ratio ("days to cover") of 6.4.Change versus previous monthShort interest in Cabaletta Bio has recently decreased by 19.43%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldCabaletta Bio does not currently pay a dividend.Dividend GrowthCabaletta Bio does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CABA. Previous Next 3.3 News and Social Media Coverage News SentimentCabaletta Bio has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Cabaletta Bio this week, compared to 2 articles on an average week.Search Interest19 people have searched for CABA on MarketBeat in the last 30 days. This is an increase of 27% compared to the previous 30 days.MarketBeat Follows11 people have added Cabaletta Bio to their MarketBeat watchlist in the last 30 days. This is an increase of 57% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cabaletta Bio insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $340,230.00 in company stock.Percentage Held by Insiders12.33% of the stock of Cabaletta Bio is held by insiders. A high percentage of insider ownership can be a sign of company health. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Cabaletta Bio are expected to decrease in the coming year, from ($1.59) to ($1.66) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cabaletta Bio is -9.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Cabaletta Bio is -9.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCabaletta Bio has a P/B Ratio of 4.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cabaletta Bio Stock (NASDAQ:CABA)Cabaletta Bio, Inc., a clinical-stage biotechnology company, focuses on the discovery and development of engineered T cell therapies for patients with B cell-mediated autoimmune diseases. The company's lead product candidate is DSG3-CAART, which is in Phase I clinical trial for the treatment of mucosal pemphigus vulgaris, an autoimmune blistering skin disease. Its product candidate pipeline also includes MuSK-CAART, a preclinical stage product to treat a subset of patients with myasthenia gravis; CABA-201, a 4-1BB-containing CD19-CAR T investigational therapy, for the treatment of severe autoimmune diseases; PLA2R-CAART, a discovery stage product to treat patients with PLA2R-associated membranous nephropathy; and DSG3/1-CAART, a discovery stage product for the treatment of mucocutaneous pemphigus vulgaris. It has a collaboration with the University of Pennsylvania and the Children's Hospital of Philadelphia. The company was formerly known as Tycho Therapeutics, Inc. and changed its name to Cabaletta Bio, Inc. in August 2018. Cabaletta Bio, Inc. was incorporated in 2017 and is headquartered in Philadelphia, Pennsylvania.Read More CABA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CABA Stock News HeadlinesDecember 3, 2023 | americanbankingnews.comCabaletta Bio (NASDAQ:CABA) Shares Gap Down to $16.05December 2, 2023 | americanbankingnews.comCabaletta Bio, Inc. to Post FY2023 Earnings of ($1.61) Per Share, William Blair Forecasts (NASDAQ:CABA)December 9, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comDecember 1, 2023 | americanbankingnews.comCabaletta Bio (NASDAQ:CABA) Research Coverage Started at William BlairNovember 30, 2023 | americanbankingnews.comCabaletta Bio (NASDAQ:CABA) PT Lowered to $25.00 at Morgan StanleyNovember 30, 2023 | americanbankingnews.comHC Wainwright Reiterates "Buy" Rating for Cabaletta Bio (NASDAQ:CABA)November 29, 2023 | americanbankingnews.comTraders Purchase High Volume of Cabaletta Bio Put Options (NASDAQ:CABA)November 28, 2023 | uk.finance.yahoo.comCabaletta Bio, Inc. (CABA)December 9, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 28, 2023 | marketwatch.comCabaletta Bio Down as FDA Looks Into Issues With Several Companies' Approved CAR T DrugsNovember 28, 2023 | msn.comCabaletta Bio’s and Gracell’s stock falls sharply as FDA investigates risks of CAR-T therapyNovember 28, 2023 | finance.yahoo.comCabaletta Bio to Participate in the 6th Annual Evercore ISI HealthCONx ConferenceNovember 27, 2023 | msn.comCabaletta Bio (CABA) Price Target Increased by 8.76% to 30.09November 15, 2023 | markets.businessinsider.comCantor Fitzgerald Maintains Overweight Rating for Cabaletta Bio: Here's What You Need To KnowNovember 10, 2023 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Vertex (VERX) and Cabaletta Bio (CABA)November 10, 2023 | bizjournals.comLab Notes: Cabaletta Bio gets FDA nod to advance new drug; South Jersey firm raises $3.5MNovember 9, 2023 | msn.comCabaletta Bio GAAP EPS of -$0.37 beats by $0.04November 9, 2023 | finance.yahoo.comCabaletta Bio Inc (CABA) Reports Q3 2023 Financial Results and Business ProgressNovember 9, 2023 | benzinga.comCabaletta Bio: Q3 Earnings InsightsNovember 9, 2023 | finance.yahoo.comCabaletta Bio Reports Third Quarter 2023 Financial Results and Provides Business UpdateNovember 6, 2023 | marketwatch.comCabaletta Bio Gets FDA OK to Study CABA-201 in Generalized Myasthenia GravisNovember 6, 2023 | markets.businessinsider.comCabaletta Bio Gets FDA's Nod For CABA-201 INDA For Generalized Myasthenia GravisNovember 6, 2023 | finance.yahoo.comCabaletta Bio Receives FDA Clearance of CABA-201 IND Application for Treatment of Generalized Myasthenia GravisNovember 6, 2023 | finance.yahoo.comCellares and Cabaletta Bio Partner to Evaluate Automated Manufacturing for CABA-201, Cabaletta’s CD19-CAR T Cell Therapy on Cellares’ Cell Shuttle PlatformNovember 1, 2023 | msn.comCabaletta Bio (CABA) Price Target Increased by 11.47% to 27.67October 30, 2023 | finance.yahoo.comCabaletta Bio to Participate in Multiple Upcoming Investor Conferences in NovemberOctober 25, 2023 | msn.comCantor starts Cabaletta at overweight, cites "strong" position in CART-T drugsSee More Headlines Receive CABA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cabaletta Bio and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/09/2023Today12/09/2023Fiscal Year End12/31/2023Next Earnings (Estimated)3/21/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Biological products, except diagnostic Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:CABA CUSIPN/A CIK1759138 Webwww.cabalettabio.com Phone267-759-3100FaxN/AEmployees92Year FoundedN/APrice Target and Rating Average Stock Price Target$27.64 High Stock Price Target$50.00 Low Stock Price Target$10.00 Potential Upside/Downside+70.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)($1.71) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-52,970,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-47.05% Return on Assets-43.21% Debt Debt-to-Equity RatioN/A Current Ratio15.65 Quick Ratio15.65 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$3.60 per share Price / Book4.51Miscellaneous Outstanding Shares42,849,000Free Float37,566,000Market Cap$695.44 million OptionableNot Optionable Beta2.42 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesDr. Steven A. Nichtberger M.D. (Age 62)Co-Founder, Chairman, CEO & President Comp: $970.6kDr. Gwendolyn K. Binder Ph.D. (Age 48)President of Science & Technology Comp: $692.99kDr. David J. Chang FACR (Age 60)M.D., M.P.H., Chief Medical Officer Comp: $676.74kDr. Michael C. Milone M.D.Ph.D., Co-Founder & Co-Chair of Scientific Advisory BoardDr. Aimee Payne M.D.Ph.D., Co-Founder & Co-Chair of Scientific Advisory BoardMr. Anup Marda M.B.A. (Age 46)Chief Financial Officer Comp: $548.2kDr. Samik Basu M.D.Chief Scientific OfficerMr. Michael Gerard J.D. (Age 43)General Counsel & Secretary Ms. Heather Harte-Hall M.Sc.Chief Compliance OfficerMs. Martha O'ConnorChief Human Resources OfficerMore ExecutivesKey CompetitorsNovavaxNASDAQ:NVAXAnavex Life SciencesNASDAQ:AVXLHilleVaxNASDAQ:HLVXImmaticsNASDAQ:IMTXAutolus TherapeuticsNASDAQ:AUTLView All CompetitorsInsiders & InstitutionsCitigroup Inc.Bought 42,078 shares on 12/6/2023Ownership: 0.116%Wellington Management Group LLPBought 246,570 shares on 12/1/2023Ownership: 0.575%Deutsche Bank AGBought 9,692 shares on 11/24/2023Ownership: 0.049%Comerica BankBought 2,028 shares on 11/21/2023Ownership: 0.005%The Manufacturers Life Insurance Company Bought 2,761 shares on 11/15/2023Ownership: 0.031%View All Insider TransactionsView All Institutional Transactions CABA Stock Analysis - Frequently Asked Questions Should I buy or sell Cabaletta Bio stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cabaletta Bio in the last year. There are currently 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CABA shares. View CABA analyst ratings or view top-rated stocks. What is Cabaletta Bio's stock price target for 2024? 10 Wall Street research analysts have issued 1-year price targets for Cabaletta Bio's stock. Their CABA share price targets range from $10.00 to $50.00. On average, they anticipate the company's share price to reach $27.64 in the next twelve months. This suggests a possible upside of 70.3% from the stock's current price. View analysts price targets for CABA or view top-rated stocks among Wall Street analysts. How have CABA shares performed in 2023? Cabaletta Bio's stock was trading at $9.25 at the beginning of 2023. Since then, CABA stock has increased by 75.5% and is now trading at $16.23. View the best growth stocks for 2023 here. Are investors shorting Cabaletta Bio? Cabaletta Bio saw a decline in short interest in November. As of November 15th, there was short interest totaling 5,060,000 shares, a decline of 19.4% from the October 31st total of 6,280,000 shares. Based on an average daily volume of 788,600 shares, the short-interest ratio is currently 6.4 days. View Cabaletta Bio's Short Interest. When is Cabaletta Bio's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, March 21st 2024. View our CABA earnings forecast. How were Cabaletta Bio's earnings last quarter? Cabaletta Bio, Inc. (NASDAQ:CABA) posted its quarterly earnings data on Thursday, November, 9th. The company reported ($0.37) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.39) by $0.02. What ETFs hold Cabaletta Bio's stock? ETFs with the largest weight of Cabaletta Bio (NASDAQ:CABA) stock in their portfolio include Alger Mid Cap 40 ETF (FRTY).Invesco DWA SmallCap Momentum ETF (DWAS). What other stocks do shareholders of Cabaletta Bio own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cabaletta Bio investors own include Alector (ALEC), Editas Medicine (EDIT), Kaleido Biosciences (KLDO), Sorrento Therapeutics (SRNE), Homology Medicines (FIXX), Skyworks Solutions (SWKS), CrowdStrike (CRWD), Precision BioSciences (DTIL), Invitae (NVTA) and Pfizer (PFE). When did Cabaletta Bio IPO? (CABA) raised $87 million in an initial public offering (IPO) on Friday, October 25th 2019. The company issued 5,800,000 shares at $14.00-$16.00 per share. Morgan Stanley, Cowen and Company and Evercore Group served as the underwriters for the IPO. Who are Cabaletta Bio's major shareholders? Cabaletta Bio's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Fred Alger Management LLC (9.94%), Lynx1 Capital Management LP (4.91%), Redmile Group LLC (4.14%), Jennison Associates LLC (3.57%), Invesco Ltd. (1.99%) and Northern Trust Corp (0.70%). Insiders that own company stock include Anup Marda, Catherine Bollard, Gwendolyn Binder, Steven Nichtberger and Ventures V LP 5Am. View institutional ownership trends. How do I buy shares of Cabaletta Bio? Shares of CABA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:CABA) was last updated on 12/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cabaletta Bio, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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