CRGX Logo

CRGX Stock Forecast: Cargo Therapeutics Inc. Price Predictions for 2025

Home โ€บ Stocks โ€บ United States | NASDAQ | Healthcare | Biotechnology

$4.51

-0.02 (-0.33%)

CRGX Stock Forecast 2025-2026

$4.51
Current Price
$208.39M
Market Cap
6 Ratings
Buy 0
Hold 5
Sell 1
Wall St Analyst Ratings

Distance to CRGX Price Targets

+565.2%
To High Target of $30.00
+22.0%
To Median Target of $5.50
-18.0%
To Low Target of $3.70

CRGX Price Momentum

-2.0%
1 Week Change
+7.9%
1 Month Change
-75.9%
1 Year Change
-68.7%
Year-to-Date Change
-82.3%
From 52W High of $25.45
+50.3%
From 52W Low of $3.00
๐Ÿ“‰ MARKET SELLOFF ALERT

10 Quality Stocks Worth Considering Now

Researching CARGO Therapeutics (CRGX) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.

Get our FREE market selloff report + exclusive analysis on CRGX and similar high-potential opportunities.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

Latest CRGX Stock Price Targets & Analyst Predictions

Based on our analysis of 8 Wall Street analysts, CRGX has a neutral consensus with a median price target of $5.50 (ranging from $3.70 to $30.00). Currently trading at $4.51, the median forecast implies a 22.0% upside. This outlook is supported by 0 Buy, 5 Hold, and 1 Sell ratings.

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.

CRGX Analyst Ratings

0
Buy
5
Hold
1
Sell

CRGX Price Target Range

Low
$3.70
Average
$5.50
High
$30.00
Current: $4.51

Latest CRGX Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for CRGX.

Date Firm Analyst Rating Change Price Target
Jan 30, 2025 Piper Sandler Biren Amin Neutral Downgrade $4.00
Jan 30, 2025 Chardan Capital Geulah Livshits Neutral Downgrade $0.00
Jan 30, 2025 HC Wainwright & Co. Robert Burns Neutral Downgrade $0.00
Jan 30, 2025 William Blair Sami Corwin Market Perform Downgrade $0.00
Jan 30, 2025 Jefferies Michael Yee Hold Downgrade $3.00
Jan 30, 2025 Truist Securities Asthika Goonewardene Hold Downgrade $7.00
Jan 30, 2025 JP Morgan Brian Cheng Underweight Downgrade $0.00
Nov 26, 2024 William Blair Sami Corwin Outperform Initiates $0.00
Nov 15, 2024 HC Wainwright & Co. Robert Burns Buy Reiterates $33.00
Nov 13, 2024 Chardan Capital Geulah Livshits Buy Maintains $28.00
Aug 13, 2024 Piper Sandler Biren Amin Overweight Maintains $34.00
Aug 13, 2024 HC Wainwright & Co. Robert Burns Buy Reiterates $33.00
Jul 22, 2024 HC Wainwright & Co. Robert Burns Buy Initiates $33.00
Jul 8, 2024 Chardan Capital Geulah Livshits Buy Initiates $28.00
Jun 27, 2024 Piper Sandler Biren Amin Overweight Initiates $37.00
May 16, 2024 Truist Securities Asthika Goonewardene Buy Reiterates $32.00
Mar 22, 2024 Jefferies Michael Yee Buy Maintains $32.00
Dec 5, 2023 Truist Securities Asthika Goonewardene Buy Initiates $34.00
Dec 5, 2023 TD Cowen Tyler Van Buren Outperform Initiates $0.00
Dec 5, 2023 JP Morgan Brian Cheng Overweight Initiates $23.00

Cargo Therapeutics Inc. (CRGX) Competitors

The following stocks are similar to CARGO Therapeutics based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Cargo Therapeutics Inc. (CRGX) Financial Data

Cargo Therapeutics Inc. has a market capitalization of $208.39M with a P/E ratio of 0.0x. The company generates $0 in trailing twelve-month revenue with a 0.0% profit margin.

Revenue growth is N/A quarter-over-quarter, while maintaining an operating margin of 0.0% and return on equity of -43.8%.

Valuation Metrics

Market Cap $208.39M
Enterprise Value $-102,581,824
P/E Ratio 0.0x
PEG Ratio -1.0x
Price/Sales 0.0x

Growth & Margins

Revenue Growth (YoY) N/A
Gross Margin N/A
Operating Margin 0.0%
Net Margin 0.0%
EPS Growth N/A

Financial Health

Cash/Price Ratio +163.5%
Current Ratio 13.8x
Debt/Equity 8.2x
ROE -43.8%
ROA -27.0%
๐Ÿ’ฐ DON'T MISS THIS OPPORTUNITY

Get All 10 Quality Stocks For This Market Selloff

Still researching investments after the market drop? Our ex-Goldman Sachs analyst has already identified the 10 highest-quality oversold stocks with strong fundamentals and upside potential.

Why spend hours researching when we've already done the work? Get instant access to our complete market selloff analysis.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

Cargo Therapeutics Inc. logo

Cargo Therapeutics Inc. (CRGX) Business Model

About Cargo Therapeutics Inc.

What They Do

Develops novel cell therapies for cancer treatment.

Business Model

Cargo Therapeutics generates revenue by developing and commercializing advanced immunotherapy treatments, particularly chimeric antigen receptor (CAR) T-cell therapies. The company focuses on engineering T-cells to improve their effectiveness against various cancer types, aiming to provide innovative solutions where traditional therapies fall short.

Additional Information

As a biotechnology firm, Cargo Therapeutics is positioned at the forefront of personalized medicine, contributing significantly to the advancement of therapeutic options for life-threatening diseases. Their commitment to scientific innovation and addressing unmet medical needs underscores their potential impact in the healthcare sector.

Company Information

Sector

Healthcare

Industry

Biotechnology

Employees

167

CEO

Mr. Anup Radhakrishnan

Country

United States

IPO Year

2023

Cargo Therapeutics Inc. (CRGX) Latest News & Analysis

Latest News

CRGX stock latest news image
Quick Summary

CARGO Therapeutics has suspended development of CRG-023 and its allogeneic platform, reducing its workforce by 90%. The company had $368.1M in cash as of Dec 31, 2024, with Anup Radhakrishnan as interim CEO.

Why It Matters

CARGO Therapeutics' suspension of development and major workforce cuts signal financial distress, raising concerns about future viability and potential shareholder value erosion.

Source: GlobeNewsWire
Market Sentiment: Neutral
CRGX stock latest news image
Quick Summary

Levi & Korsinsky is investigating CARGO Therapeutics (NASDAQ:CRGX) for potential federal securities law violations following the discontinuation of its Phase 2 clinical study of firi-cel for LBCL.

Why It Matters

The investigation into CARGO Therapeutics for potential securities law violations, combined with the discontinuation of a clinical study, may signal significant risks and impact stock performance.

Source: Accesswire
Market Sentiment: Neutral
CRGX stock latest news image
Quick Summary

Levi & Korsinsky is investigating CARGO Therapeutics (NASDAQ:CRGX) for potential federal securities law violations following the discontinuation of its Phase 2 study for firi-cel on January 29, 2025.

Why It Matters

CARGO Therapeutics faces potential legal issues over federal securities laws following the discontinuation of a key clinical study, which may impact stock performance and investor confidence.

Source: Accesswire
Market Sentiment: Neutral
CRGX stock latest news image
Quick Summary

Pomerantz LLP is investigating claims for investors of CARGO Therapeutics, Inc. (NASDAQ:CRGX). Interested parties should contact Danielle Peyton at the provided email or phone number.

Why It Matters

The investigation into CARGO Therapeutics may indicate potential legal issues, which could affect stock performance and investor confidence in the company.

Source: Accesswire
Market Sentiment: Neutral
CRGX stock latest news image
Quick Summary

The Schall Law Firm is investigating CARGO Therapeutics (NASDAQ:CRGX) for potential securities law violations, including false statements affecting investors.

Why It Matters

The investigation into CARGO Therapeutics for potential securities law violations could signal financial instability or legal risks, affecting stock performance and investor confidence.

Source: Accesswire
Market Sentiment: Neutral
CRGX stock latest news image
Quick Summary

Levi & Korsinsky is investigating CARGO Therapeutics (NASDAQ:CRGX) for potential federal securities law violations following its decision to discontinue a Phase 2 study of firi-cel for LBCL.

Why It Matters

The investigation into CARGO Therapeutics for potential securities law violations and the discontinuation of a key clinical study may signal financial instability and impact stock performance.

Source: Accesswire
Market Sentiment: Neutral

Frequently Asked Questions About CRGX Stock

What is Cargo Therapeutics Inc.'s (CRGX) stock forecast for 2025?

Based on our analysis of 8 Wall Street analysts, Cargo Therapeutics Inc. (CRGX) has a median price target of $5.50. The highest price target is $30.00 and the lowest is $3.70.

Is CRGX stock a good investment in 2025?

According to current analyst ratings, CRGX has 0 Buy ratings, 5 Hold ratings, and 1 Sell ratings. The stock is currently trading at $4.51. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for CRGX stock?

Wall Street analysts predict CRGX stock could reach $5.50 in the next 12 months. This represents a 22.0% increase from the current price of $4.51. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Cargo Therapeutics Inc.'s business model?

Cargo Therapeutics generates revenue by developing and commercializing advanced immunotherapy treatments, particularly chimeric antigen receptor (CAR) T-cell therapies. The company focuses on engineering T-cells to improve their effectiveness against various cancer types, aiming to provide innovative solutions where traditional therapies fall short.

What is the highest forecasted price for CRGX Cargo Therapeutics Inc.?

The highest price target for CRGX is $30.00 from at , which represents a 565.2% increase from the current price of $4.51.

What is the lowest forecasted price for CRGX Cargo Therapeutics Inc.?

The lowest price target for CRGX is $3.70 from at , which represents a -18.0% decrease from the current price of $4.51.

What is the overall CRGX consensus from analysts for Cargo Therapeutics Inc.?

The overall analyst consensus for CRGX is neutral. Out of 8 Wall Street analysts, 0 rate it as Buy, 5 as Hold, and 1 as Sell, with a median price target of $5.50.

How accurate are CRGX stock price projections?

Stock price projections, including those for Cargo 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.

Important Disclaimer

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.

Last updated: April 28, 2025 1:25 PM UTC
Missed GME or NVDA? Donโ€™t Miss the Next One.โ€‹

Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ€” for free.