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NASDAQ:CRGX

CARGO Therapeutics (CRGX) Stock Price, News & Analysis

$17.85
+0.15 (+0.85%)
(As of 07/26/2024 ET)
Today's Range
$17.57
$19.72
50-Day Range
$14.60
$21.01
52-Week Range
$13.14
$33.92
Volume
120,541 shs
Average Volume
237,464 shs
Market Capitalization
$818.60 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$30.83

CARGO Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
72.7% Upside
$30.83 Price Target
Short Interest
Bearish
12.18% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.62mentions of CARGO Therapeutics in the last 14 days
Based on 13 Articles This Week
Insider Trading
Acquiring Shares
$5 M Bought Last Quarter
Proj. Earnings Growth
Decreasing
From ($4.59) to ($4.85) 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.

1.38 out of 5 stars

Medical Sector

751st out of 936 stocks

Biological Products, Except Diagnostic Industry

128th out of 154 stocks

CRGX stock logo

About CARGO Therapeutics Stock (NASDAQ:CRGX)

CARGO Therapeutics, Inc., a clinical-stage biotechnology company, develops chimeric antigen receptor (CAR) T-cell therapies for cancer patients. The company's lead program is CRG-022, an autologous CD22 CAR T-cell product candidate designed to address resistance mechanisms by targeting CD22, an alternate tumor antigen that is expressed in B-cell malignancies. It also develops CRG-023, a tri-specific CAR T product candidate that targets tumor cells with three B-cell antigen targets. The company was formerly known as Syncopation Life Sciences, Inc. and changed its name to CARGO Therapeutics, Inc. in September 2022. CARGO Therapeutics, Inc. was incorporated in 2019 and is headquartered in San Mateo, California.

CRGX Stock Price History

CRGX Stock News Headlines

625,000% Gain
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CARGO Therapeutics (NASDAQ:CRGX) Shares Gap Up to $15.83
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625,000% Gain
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CARGO Therapeutics, Inc. (CRGX)
CARGO Therapeutics appoints new board member
See More Headlines
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Company Calendar

Last Earnings
5/14/2024
Today
7/26/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:CRGX
Previous Symbol
NASDAQ:CRGX
Fax
N/A
Employees
116
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$30.83
High Stock Price Target
$37.00
Low Stock Price Target
$23.00
Potential Upside/Downside
+72.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$9.84 per share

Miscellaneous

Free Float
45,229,000
Market Cap
$818.60 million
Optionable
N/A
Beta
N/A
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Key Executives

  • Ms. Gina Chapman (Age 56)
    President, CEO & Director
    Comp: $755.35k
  • Dr. Crystal L. Mackall M.D. (Age 63)
    Co-Founder
    Comp: $160k
  • Dr. Shishir Gadam Ph.D. (Age 57)
    Chief Technical Officer
    Comp: $674.03k
  • Dr. Robbie Majzner M.D.
    Founder & Chair of Scientific Advisory Board
  • Ms. Nancy Goodman J.D.
    Founder
  • Dr. Louai Labanieh
    Founder
  • Mr. Anup Radhakrishnan (Age 44)
    CFO, Secretary & Chief Business Officer
  • Dr. Corinne D. Epperly M.D. (Age 46)
    M.P.H., Chief Operating Officer
  • Mr. Faisal Shawwa M.B.A.
    Senior Vice President of Finance & Accounting
  • Dr. Michael Ports Ph.D. (Age 43)
    Chief Scientific Officer

CRGX Stock Analysis - Frequently Asked Questions

How have CRGX shares performed this year?

CARGO Therapeutics' stock was trading at $23.15 at the beginning of the year. Since then, CRGX stock has decreased by 22.9% and is now trading at $17.85.
View the best growth stocks for 2024 here
.

How were CARGO Therapeutics' earnings last quarter?

CARGO Therapeutics, Inc. (NASDAQ:CRGX) released its quarterly earnings results on Tuesday, May, 14th. The company reported ($0.87) earnings per share for the quarter, topping the consensus estimate of ($1.05) by $0.18.

When did CARGO Therapeutics IPO?

CARGO Therapeutics (CRGX) raised $281 million in an IPO on Friday, November 10th 2023. The company issued 18,750,000 shares at a price of $15.00 per share.

Who are CARGO Therapeutics' major shareholders?

CARGO Therapeutics' top institutional shareholders include Bank of New York Mellon Corp (0.15%). Insiders that own company stock include Samsara Biocapital Gp, Llc and Perceptive Advisors Llc.
View institutional ownership trends
.

How do I buy shares of CARGO Therapeutics?

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

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