profit from every $100 of sales.

Cartesian Therapeutics
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
It holds more cash than debt.
Money in, money out
What Cartesian Therapeutics sold, what it kept, and what it did with the cash.
Sales went from $111 million in 2022 to $2.80 million in 2025, with -$130 million of profit last year.
Cartesian Therapeutics vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Cartesian Therapeutics | No profit yet | ||
Vertex Pharmaceuticals | 34.5× · Expensive | ||
Regeneron Pharmaceuticals | 21.9× · Fair price | ||
Moderna | No profit yet | ||
CSL | 22.0× · Fair price |
AI analysis
An AI analyst reads Cartesian Therapeutics's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 111 | 26 | 39 | 3 | |
| – | – | – | – | |
| 15 | -86 | -36 | -87 | |
| 39 | -235 | -76 | -84 | |
| 35 | -220 | -77 | -130 | |
| 3.00 | -49.76 | -4.49 | -5.02 | |
| – | – | – | – | |
| 13.1% | -329.6% | -93.3% | -3,099.9% | |
| 31.9% | -844.9% | -199.0% | -4,658.6% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 166 | 305 | 435 | 296 |
| Cash | 106 | 77 | 213 | 125 |
| Total debt | 38 | 11 | 14 | 13 |
| Total liabilities | 72 | 745 | 442 | 423 |
| 94 | -440 | -7 | -126 | |
| 5 | 5 | 17 | 26 | |
| 22.7% | – | -848.5% | – | |
| 37.7% | 49.9% | 1,138.3% | 103.2% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -32 | -51 | -24 | -74 | |
| 1 | 0 | 9 | 5 | |
| -33 | -51 | -33 | -79 | |
| Dividends paid | – | – | – | – |
| 0 | 6 | 0 | – | |
| 11 | 23 | 7 | 11 |
Valuation
- –
- –
- –
- -1.2×
- 69.3×
- –
- –
- -41.0%
- -67.3%
- 0.0%
Profitability
- -621.0%
- -3,099.9%
- -4,658.6%
- -3,789.2%
- -31.1%
- -185.9%
- 194.1%
- -52.6%
- -33.5%
- 3,539.3%
Growth
- −70.7%
- –
- −142.3%
- –
- +69.1%
Financial health
- -1.3×
- -0.08
- 4.1%
- –
- 7.65
- 7.65
- 0.01
How it ranks in Healthcare
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $16.00
- Range
- $16.00 – $16.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 30, 2026 | -1.46 | -0.84 | −73.8% |
| Mar 9, 2026 | -1.38 | -0.82 | −68.3% |
| Nov 6, 2025 | -1.38 | -0.81 | −70.4% |
| Aug 7, 2025 | 0.50 | -0.76 | +165.8% |
| May 8, 2025 | -0.68 | -0.61 | −11.5% |
| Mar 20, 2025 | -0.59 | -0.78 | +24.4% |
| Nov 7, 2024 | -0.69 | -0.78 | +11.5% |
| Aug 8, 2024 | 0.54 | -1.07 | +150.5% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/6Passes 0 of 6. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Cartesian Therapeutics
Is Cartesian Therapeutics a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 6 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Cartesian Therapeutics AI analysis
What does Cartesian Therapeutics do?
Selecta Biosciences, Inc., a clinical-stage biopharmaceutical company, engages in the research and development of nanoparticle immunomodulatory drugs for the treatment and prevention of human diseases. It is in Biotechnology.
Does Cartesian Therapeutics pay a dividend?
No. Cartesian Therapeutics does not pay a dividend at the moment.
Is Cartesian Therapeutics stock halal?
No. Cartesian Therapeutics does not pass our halal screen: its cash and confirmed interest-bearing investments are 65% of its market value, at or above the 33% limit. How we check
How has Cartesian Therapeutics stock done over the past year?
Down 12.2% over the past twelve months, to $6.35. It traded between $5.84 and $10.59 and is 40.0% below its high.
Who are Cartesian Therapeutics's competitors?
The largest listed companies in the same industry are Vertex Pharmaceuticals, Regeneron Pharmaceuticals, Moderna and CSL. The peers table on this page compares their profit, growth and price with Cartesian Therapeutics's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



