CARGO TherapeuticsCRGX
About: Cargo Therapeutics Inc is a clinical-stage biotechnology company positioned to advance next generation, potentially curative cell therapies for cancer patients. It programs, platform technologies, and manufacturing plan are designed to directly address the key limitations of approved cell therapies, including limited durability of effect, suboptimal safety and unreliable supply. The company's program, CRG-022, is a novel CAR T-cell product candidate designed to address resistance mechanisms by targeting CD22, an alternate tumor antigen that is expressed in a vast majority of B-cell malignancies.
Employees: 170
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
380% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 5
95% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 19
75% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 7 (+3) [Q4]
24% more funds holding
Funds holding: 79 [Q3] → 98 (+19) [Q4]
15.71% more ownership
Funds ownership: 101.99% [Q3] → 117.7% (+15.71%) [Q4]
10% less capital invested
Capital invested by funds: $865M [Q3] → $781M (-$84.2M) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Truist Securities Asthika Goonewardene 26% 1-year accuracy 7 / 27 met price target | 86%upside $7 | Hold Downgraded | 30 Jan 2025 |
Piper Sandler Biren Amin 27% 1-year accuracy 6 / 22 met price target | 6%upside $4 | Neutral Downgraded | 30 Jan 2025 |
Jefferies Michael Yee 10% 1-year accuracy 1 / 10 met price target | 20%downside $3 | Hold Downgraded | 30 Jan 2025 |
Financial journalist opinion
Based on 88 articles about CRGX published over the past 30 days
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