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Home โบ Stocks โบ Cara Therapeutics, Inc. (CARA) Stock Forecast & Price Prediction United States | NASDAQ | Healthcare | Biotechnology
$15.96
-0.69 (-4.14%)Did CARA Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Cara Therapeutics is one of their latest high-conviction picks.
CARA has shown a year-to-date change of 0.0% and a 1-year change of 19.3%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for CARA. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for CARA.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jun 13, 2024 | Needham | Joseph Stringer | Hold | Downgrade | $N/A |
| Jun 13, 2024 | HC Wainwright & Co. | Oren Livnat | Neutral | Downgrade | $N/A |
| Jun 13, 2024 | Canaccord Genuity | Sumant Kulkarni | Hold | Downgrade | $1.00 |
| May 23, 2024 | Needham | Buy | Reiterates | $N/A | |
| May 15, 2024 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| May 14, 2024 | Needham | Buy | Reiterates | $N/A | |
| Apr 10, 2024 | Needham | Buy | Reiterates | $N/A | |
| Mar 6, 2024 | Canaccord Genuity | Buy | Maintains | $N/A | |
| Mar 5, 2024 | Needham | Buy | Reiterates | $N/A | |
| Jan 22, 2024 | Needham | Buy | Maintains | $N/A | |
| Dec 19, 2023 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Dec 18, 2023 | Needham | Buy | Maintains | $N/A | |
| Nov 14, 2023 | Piper Sandler | Neutral | Downgrade | $N/A | |
| Oct 19, 2023 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Aug 8, 2023 | Needham | Buy | Reiterates | $N/A | |
| Aug 8, 2023 | Piper Sandler | Overweight | Maintains | $N/A | |
| Jun 27, 2023 | Jefferies | Buy | Reiterates | $N/A | |
| Jun 27, 2023 | Stifel | Buy | Reiterates | $N/A | |
| May 16, 2023 | B of A Securities | Underperform | Maintains | $N/A | |
| May 16, 2023 | HC Wainwright & Co. | Buy | Maintains | $N/A |
The following stocks are similar to Cara Therapeutics based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Cara Therapeutics, Inc. has a market capitalization of $8.11M with a P/E ratio of -1.0x. The company generates $7.14M in trailing twelve-month revenue with a 91.3% profit margin.
Revenue growth is -51.6% quarter-over-quarter, while maintaining an operating margin of -412.4% and return on equity of -270.0%.
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Develops therapeutics for chronic pruritus.
Cara Therapeutics focuses on developing and commercializing treatments for chronic pruritus, primarily through its lead product, KORSUVA, designed for patients with chronic kidney disease undergoing hemodialysis. The company generates revenue through product sales and strategic licensing agreements with pharmaceutical partners in Japan and South Korea, enabling wider distribution and development of its drugs.
Incorporated in 2004 and headquartered in Stamford, Connecticut, Cara Therapeutics is advancing its pipeline with additional formulations of difelikefalin, currently in clinical trials, to address various forms of chronic pruritus, indicating a robust potential for growth in the biopharmaceutical sector.
Healthcare
Biotechnology
10
Mr. Christopher A. Posner
United States
2014
Tvardi Therapeutics, a clinical-stage biopharmaceutical company, has been formed through a merger and is focused on developing treatments targeting STAT3 for fibrosis-driven diseases.
The merger forms a Nasdaq-listed entity focused on innovative STAT3 treatments, potentially attracting investor interest due to growth prospects in a high-demand healthcare sector.
Cara Therapeutics, Inc. announced a 1-for-3 reverse stock split of its outstanding shares, approved by its Board of Directors, effective April 14, 2025.
A 1-for-3 reverse stock split may indicate efforts to boost the stock price and meet listing requirements, impacting liquidity, investor perception, and overall market confidence.
Kahn Swick & Foti, LLC is investigating the proposed merger between Cara Therapeutics, Inc. and Tvardi Therapeutics, Inc., which would result in Cara shareholders owning about 17% of the new entity.
The investigation into Cara Therapeutics' merger may signal potential legal or regulatory issues, impacting shareholder confidence and stock performance.
Cara Therapeutics will execute a 1-for-12 reverse stock split and reduce its authorized shares from 200 million to 16.67 million, effective December 30, 2024, at 5:00 p.m. ET.
Cara Therapeutics' reverse stock split may enhance share price but indicates potential financial distress, impacting investor perception and future capital raising efforts.
A proposed merger aims to establish a Nasdaq-listed clinical-stage biopharmaceutical company focused on developing treatments targeting STAT3 for fibrosis-driven diseases.
The merger could enhance market value and attract investment by combining resources for innovative treatments, potentially leading to significant breakthroughs in fibrosis-driven disease therapies.
Monteverde & Associates is investigating Cara Therapeutics (NASDAQ: CARA) regarding its merger with Tvardi Therapeutics, where CARA shareholders will own about 17% of the new entity.
The investigation into Cara Therapeutics' merger with Tvardi could impact shareholder value and market perception, affecting stock performance and investor sentiment.
Analyst forecasts for Cara Therapeutics, Inc. (CARA) are not currently available. The stock is trading at $15.96.
According to current analyst ratings, CARA has 0 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $15.96. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for CARA are not currently available. The stock is trading at $15.96.
Cara Therapeutics focuses on developing and commercializing treatments for chronic pruritus, primarily through its lead product, KORSUVA, designed for patients with chronic kidney disease undergoing hemodialysis. The company generates revenue through product sales and strategic licensing agreements with pharmaceutical partners in Japan and South Korea, enabling wider distribution and development of its drugs.
Price targets from Wall Street analysts for CARA are not currently available. The stock is trading at $15.96.
Price targets from Wall Street analysts for CARA are not currently available. The stock is trading at $15.96.
The overall analyst consensus for CARA is neutral. Out of 4 Wall Street analysts, 0 rate it as Buy, 1 as Hold, and 0 as Sell.
Stock price projections, including those for Cara Therapeutics, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.