CARGO Therapeutics Inc [NASDAQ: CRGX] price surged by 4.33 percent to reach at $0.19.
A sum of 24666797 shares traded at recent session while its average daily volume was at 648.97K shares. CARGO Therapeutics Inc shares reached a high of $4.75 and dropped to a low of $4.53 until finishing in the latest session at $4.58.
The one-year CRGX stock forecast points to a potential upside of 1.93. The average equity rating for CRGX stock is currently 3.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on CARGO Therapeutics Inc [CRGX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CRGX shares is $4.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CRGX stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
William Blair have made an estimate for CARGO Therapeutics Inc shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on January 30, 2025. While these analysts kept the previous recommendation, Truist raised their target price from $32 to $7. The new note on the price target was released on January 30, 2025, representing the official price target for CARGO Therapeutics Inc stock. Previously, the target price had yet another drop from $34 to $4, while Piper Sandler kept a Neutral rating on CRGX stock.
The Price to Book ratio for the last quarter was 0.75, with the Price to Cash per share for the same quarter was set at 6.91.
CRGX Stock Performance Analysis:
CARGO Therapeutics Inc [CRGX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.17. With this latest performance, CRGX shares gained by 0.44% in over the last four-week period, additionally sinking by -69.57% over the last 6 months – not to mention a drop of -68.24% in the past year of trading.
Insight into CARGO Therapeutics Inc Fundamentals:
Return on Equity for this stock declined to -55.12%, with Return on Assets sitting at -55.12%.
CRGX Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CRGX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for CARGO Therapeutics Inc go to 32.19%.
CARGO Therapeutics Inc [CRGX] Institutonal Ownership Details
There are presently around $104.82%, or 105.51% of CRGX stock, in the hands of institutional investors. The top three institutional holders of CRGX stocks are: FMR LLC with ownership of 6.88 million shares, which is approximately 15.8659%. SAMSARA BIOCAPITAL, LLC, holding 4.42 million shares of the stock with an approximate value of $$72.51 million in CRGX stocks shares; and SAMSARA BIOCAPITAL, LLC, currently with $$66.96 million in CRGX stock with ownership which is approximately 9.4087%.
