Overview
Company advancing rese-cel clinical trials with promising data for autoimmune diseases
Cabaletta expects cash reserves to fund operations into the second half of 2026
Outlook
Cabaletta plans BLA submission for rese-cel in 2027
Company expects FDA alignment on cohort designs by end of 2025
Cabaletta anticipates enrollment in registrational cohorts in 2026
Result Drivers
Research and development expenses were $39.8 million for the three months ended September 30, 2025, compared to $26.3 million for the same period in 2024
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Net Income | Beat | -$44.87 mln | -$45.55 mln (6 Analysts) |
Q3 Income from Operations | -$46.59 mln | ||
Q3 Operating Expenses | $46.59 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the biotechnology & medical research peer group is "buy"
Wall Street's median 12-month price target for Cabaletta Bio Inc is $14.50, about 82.4% above its November 7 closing price of $2.55
Press Release: ID:nGNX527bsD
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Comments