Cartesian Therapeutics RNAC

NASDAQ RNAC
$6.88 -0.01 (-0.15%)
At close: Nov 11, 2026 · 4:00 PM EST

Cartesian Therapeutics (RNAC) stock price is $6.88, down 0.15% on the day, as of Nov 11, 2026. It has a market cap of $210.06Mn, and is classified in the Gene and Cell Therapy industry (Healthcare sector).

Key Stats
Market Cap210.06 Mn
P/E-2.87
FCF (Yr)-79.40 Mn
ROA (Yr)-38.01
EV to EBIT2.99
Net Income (Yr)-130.30 Mn
Enterprise Value-304.30 Mn
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About

Cartesian Therapeutics, Inc. is a late clinical-stage biotechnology company focused on developing cell therapy treatments for autoimmune diseases. The company uses its proprietary mRNA based technology to modify patients’ own T cells ex vivo, enabling the expression of chimeric antigen receptors without integrating genetic material into the host genome. Because the mRNA transcript degrades naturally, the therapy avoids permanent genomic changes and reduces the risk of…

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Sector: Healthcare Sector rationale Cartesian Therapeutics is a biotechnology company developing cell therapy treatments for autoimmune diseases such as myasthenia gravis and lupus. Its revenue model is based on licensing and collaboration agreements for its mRNA-based CAR T platform, and its primary output is medical treatments for patients, which falls squarely within the Biotechnology and Pharmaceuticals industries of the Healthcare sector. Industry: Gene and Cell Therapy Gene and Cell Therapy Primary Cartesian Therapeutics develops cell therapy treatments using a proprietary mRNA-based technology to modify patients' own T cells ex vivo. The company's core platform focuses on engineered cell therapies (CAR-T) for autoimmune diseases like myasthenia gravis and lupus. Classified using BQ-MICS CIK: 0001453687

Segments Breakdown of Revenue (2025)

History
Peer percentiles

How Cartesian Therapeutics ranks

Ranked against the 695 companies in Pharmaceuticals and Biotechnology58 metrics · as of Nov 11, 2026

Valuation

12 metrics · Lower multiples rank higher; a negative multiple ranks last
  • P/ENegative earnings −2.87xMedian 16.3x 44th
  • P/FCFNegative free cash flow −2.19xMedian 18.3x 35th
  • P/Operating cash flowNegative operating cash flow −2.23xMedian 16.4x 35th
  • P/S 396xMedian 8.76x 7th
  • P/BNegative shareholder equity −1.61xMedian 2.18x Not meaningful —
  • P/Tangible bookNegative tangible equity −0.94xMedian 2.42x Not meaningful —
  • EV/EBITDANegative EBITDA −1.40xMedian 15.5x 29th
  • EV/EBITNegative EBIT −1.35xMedian 18.2x 29th
  • EV/Revenue 259xMedian 6.49x 9th
  • EV/FCFNegative free cash flow −1.43xMedian 21.2x 23rd
  • EV/Operating cash flowNegative operating cash flow −1.46xMedian 17.0x 23rd
  • PEG (3Y EPS CAGR)Negative earnings 0.02Median 0.40 Not meaningful —
Peer group

Peer Comparison

Companies in the Gene and Cell Therapy
View all peers
S.No. Ticker Company Market CapP/EP/STotal Debt (Qtr)
1 LLY ELI LILLY & Co 1,348.13 Bn46.3415.5949.50 Bn
2 JNJ Johnson & Johnson 675.90 Bn42.036.8044.65 Bn
3 ABBV AbbVie Inc. 519.45 Bn50.277.8780.90 Bn
4 MRK Merck & Co., Inc. 364.95 Bn148.955.4253.78 Bn
5 NVS Novartis Ag 311.58 Bn17.915.08-
6 AZN Astrazeneca Plc 289.34 Bn26.234.87-6.68 Bn
7 AMGN Amgen Inc 251.64 Bn26.806.4754.01 Bn
8 RNAC Cartesian Therapeutics, Inc. 0.21 Bn-2.87396.340.05 Bn