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Healthcare - Biotechnology - NASDAQ - US
$ 3.03
-19.8 %
$ 148 M
Market Cap
-1.59
P/E
1. INTRINSIC VALUE

Cabaletta Bio, Inc., a clinical-stage biotechnology company, focuses on the discovery and development of engineered T cell therapies for patients with B cell-mediated autoimmune diseases. Its proprietary technology utilizes chimeric autoantibody receptor (CAAR) T cells that are designed to selectively bind and eliminate B cells, which produce disease-causing autoantibodies or pathogenic B cells. The company's lead product candidate is DSG3-CAART, which is in Phase I clinical trial for the treatment of mucosal pemphigus vulgaris, an autoimmune blistering skin disease, and Hemophilia A with Factor VIII alloantibodies. Its product candidate pipeline also includes MuSK-CAART, a preclinical stage product to treat a subset of patients with myasthenia gravis; FVIII-CAART, a discovery stage product to treat a subset of patients with Hemophilia A; and DSG3/1-CAART, a discovery stage product for the treatment of mucocutaneous pemphigus vulgaris.[ Read More ]

The intrinsic value of one CABA stock under the base case scenario is HIDDEN Compared to the current market price of 3.03 USD, Cabaletta Bio, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CABA

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FINANCIALS
0 REVENUE
0.00%
-74.7 M OPERATING INCOME
-37.90%
-67.7 M NET INCOME
-27.75%
-53.5 M OPERATING CASH FLOW
-15.46%
-22.5 M INVESTING CASH FLOW
17.51%
188 M FINANCING CASH FLOW
468.89%
0 REVENUE
0.00%
-33 M OPERATING INCOME
-9.14%
-30.6 M NET INCOME
-10.97%
-20.3 M OPERATING CASH FLOW
2.24%
12.2 M INVESTING CASH FLOW
-48.39%
71 K FINANCING CASH FLOW
-81.27%
Balance Sheet Decomposition Cabaletta Bio, Inc.
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Current Assets 244 M
Cash & Short-Term Investments 241 M
Receivables 0
Other Current Assets 3.24 M
Non-Current Assets 9.16 M
Long-Term Investments 0
PP&E 7.45 M
Other Non-Current Assets 1.71 M
Current Liabilities 16 M
Accounts Payable 4.55 M
Short-Term Debt 7.12 M
Other Current Liabilities 4.33 M
Non-Current Liabilities 1.46 M
Long-Term Debt 1.46 M
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Cabaletta Bio, Inc.
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Revenue 0
Cost Of Revenue 1.43 M
Gross Profit -1.43 M
Operating Expenses 74.7 M
Operating Income -74.7 M
Other Expenses -6.98 M
Net Income -67.7 M
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
-28.65% ROE
-28.65%
-26.68% ROA
-26.68%
-31.14% ROIC
-31.14%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Cabaletta Bio, Inc.
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Net Income -67.7 M
Depreciation & Amortization 1.43 M
Capital Expenditures -687 K
Stock-Based Compensation 11.3 M
Change in Working Capital 101 K
Others -318 K
Free Cash Flow -54.2 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Cabaletta Bio, Inc.
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Wall Street analysts predict an average 1-year price target for CABA of $20.2 , with forecasts ranging from a low of $3 to a high of $32 .
CABA Lowest Price Target Wall Street Target
3 USD -0.99%
CABA Average Price Target Wall Street Target
20.2 USD 568.32%
CABA Highest Price Target Wall Street Target
32 USD 956.11%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Cabaletta Bio, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
652 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
9 months ago
Jan 19, 2024
Sell 201 K USD
Binder Gwendolyn
See Remarks
- 10300
19.535 USD
9 months ago
Jan 19, 2024
Sell 14.2 K USD
Binder Gwendolyn
See Remarks
- 700
20.3266 USD
10 months ago
Dec 19, 2023
Sell 171 K USD
Binder Gwendolyn
See Remarks
- 7868
21.7585 USD
10 months ago
Dec 19, 2023
Sell 69.6 K USD
Binder Gwendolyn
See Remarks
- 3132
22.2201 USD
11 months ago
Nov 20, 2023
Sell 61.6 K USD
Binder Gwendolyn
See Remarks
- 3542
17.3937 USD
11 months ago
Nov 20, 2023
Sell 134 K USD
Binder Gwendolyn
See Remarks
- 7458
18.0216 USD
1 year ago
Oct 19, 2023
Sell 141 K USD
Binder Gwendolyn
See Remarks
- 10592
13.321 USD
1 year ago
Oct 19, 2023
Sell 5.82 K USD
Binder Gwendolyn
See Remarks
- 408
14.276 USD
1 year ago
Sep 19, 2023
Sell 180 K USD
Binder Gwendolyn
See Remarks
- 10300
17.5019 USD
1 year ago
Sep 19, 2023
Sell 13 K USD
Binder Gwendolyn
See Remarks
- 700
18.5 USD
1 year ago
Aug 21, 2023
Sell 143 K USD
Binder Gwendolyn
See Remarks
- 10700
13.4052 USD
1 year ago
Aug 21, 2023
Sell 4.15 K USD
Binder Gwendolyn
See Remarks
- 300
13.8233 USD
1 year ago
Jul 19, 2023
Sell 112 K USD
Binder Gwendolyn
See Remarks
- 8185
13.6688 USD
1 year ago
Jul 19, 2023
Sell 40.1 K USD
Binder Gwendolyn
See Remarks
- 2815
14.2604 USD
1 year ago
Jun 20, 2023
Sell 143 K USD
Binder Gwendolyn
See Remarks
- 11000
12.9932 USD
1 year ago
May 19, 2023
Sell 260 K USD
Binder Gwendolyn
See Remarks
- 22000
11.8106 USD
2 years ago
Oct 19, 2022
Bought 10.2 K USD
Nichtberger Steven
President & CEO
+ 8127
1.2492 USD
2 years ago
Oct 18, 2022
Bought 994 USD
Bollard Catherine
Director
+ 1000
0.9935 USD
2 years ago
Oct 18, 2022
Bought 49.6 K USD
Marda Anup
Chief Financial Officer
+ 50000
0.9924 USD
2 years ago
Oct 18, 2022
Bought 115 K USD
Simon Mark
Director
+ 118000
0.977 USD
2 years ago
Oct 18, 2022
Bought 6.83 K USD
Simon Mark
Director
+ 7000
0.9764 USD
2 years ago
Oct 18, 2022
Bought 19.9 K USD
Binder Gwendolyn
See Remarks
+ 20000
0.9947 USD
2 years ago
Oct 18, 2022
Bought 141 K USD
Nichtberger Steven
President & CEO
+ 141873
0.9939 USD
3 years ago
Nov 01, 2021
Sell 3.36 M USD
5AM Ventures V, L.P.
10 percent owner
- 258456
13 USD
3 years ago
Nov 01, 2021
Sell 475 K USD
5AM Ventures V, L.P.
10 percent owner
- 36544
13 USD
3 years ago
Sep 07, 2021
Sell 6.06 M USD
5AM Ventures V, L.P.
10 percent owner
- 625000
9.7 USD
3 years ago
Jan 08, 2021
Sell 3.44 M USD
5AM Ventures V, L.P.
10 percent owner
- 264589
13 USD
3 years ago
Jan 12, 2021
Sell 968 K USD
5AM Ventures V, L.P.
10 percent owner
- 74470
13 USD
3 years ago
Jan 08, 2021
Sell 486 K USD
5AM Ventures V, L.P.
10 percent owner
- 37411
13 USD
3 years ago
Jan 12, 2021
Sell 137 K USD
5AM Ventures V, L.P.
10 percent owner
- 10530
13 USD
3 years ago
Dec 10, 2020
Sell 3.85 M USD
5AM Ventures V, L.P.
10 percent owner
- 261084
14.75 USD
3 years ago
Dec 10, 2020
Sell 545 K USD
5AM Ventures V, L.P.
10 percent owner
- 36916
14.75 USD
5 years ago
Oct 29, 2019
Bought 5 M USD
5AM Ventures V, L.P.
10 percent owner
+ 454545
11 USD
5 years ago
Oct 29, 2019
Bought 7.7 M USD
Flynn James E
10 percent owner
+ 700000
11 USD
7. News
Cabaletta: Biotech With Large Potential, Interesting Bottom Pattern, Plenty Of Cash I am buying Cabaletta Bio shares as a speculative play on upcoming clinical trial updates for innovative CAR-T therapies. Despite high volatility in 2024 and the potential for total investment loss, the company's strong cash position and lack of recent selling point to a bullish outlook. Super-positive testing results announced in mid-November would trigger significant stock gains, with the possibility of oversized returns on investment similar to 2022-23. seekingalpha.com - 3 weeks ago
Cabaletta Bio to Present New and Updated Clinical Data on CABA-201 in Oral and Poster Presentations at ACR Convergence 2024 PHILADELPHIA, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapies designed specifically for patients with autoimmune diseases, today announced two presentations at the upcoming American College of Rheumatology (ACR) Convergence 2024, which is being held at the Walter E. Washington Convention Center in Washington, D.C. from November 14-19, 2024. The presentations will feature new and updated clinical data on CABA-201, a 4-1BB-containing fully human CD19-CAR T cell investigational therapy, which is being evaluated in multiple ongoing clinical trials in the RESET™ clinical development program. globenewswire.com - 1 month ago
Cabaletta Bio to Participate in Upcoming Investor Conferences in September PHILADELPHIA, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapies designed specifically for patients with autoimmune diseases, today announced that the Company will participate in the following investor conferences in September: globenewswire.com - 2 months ago
Cabaletta Bio Reports Second Quarter 2024 Financial Results and Provides Business Update – Nine patients enrolled as of August 5, 2024 across the RESET™ clinical development program, including four since EULAR in June, with 22 U.S. clinical sites now enrolling – globenewswire.com - 3 months ago
Cabaletta Bio to Participate in the Stifel 2024 Virtual Cell Therapy Forum PHILADELPHIA, July 02, 2024 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapies designed specifically for patients with autoimmune diseases, today announced that Steven Nichtberger, M.D., Chief Executive Officer, will participate in a fireside chat at the Stifel 2024 Virtual Cell Therapy Forum on Tuesday, July 9, 2024, at 1:00 p.m. ET. globenewswire.com - 4 months ago
Cabaletta Bio: Next Data Readout Needs To Be Mic Drop Moment Cabaletta Bio focuses on autoimmune diseases with a potential best-in-class cell therapy, CABA-201, showing promise in early studies. It's stock price rose >$25 due to positive data produced by a drug with the same MoA as CABA-201, showing remarkable results with many patients experiencing full recoveries. Cabaletta stock has been sinking in 2024 however due to slow progress, manufacturing concerns, and disappointing recent data release. seekingalpha.com - 4 months ago
Cabaletta Bio Reports Positive Initial Clinical Data from Phase 1/2 RESET-Myositis™ and RESET-SLE™ Trials of CABA-201 – No CRS, ICANS, infections or serious adverse events observed in either of the first two patients through data cut-off of May 28, 2024 – globenewswire.com - 5 months ago
Cabaletta Bio Reports First Quarter 2024 Financial Results and Provides Business Update – No CRS or ICANS of any grade observed during the 28-day DLT observation window for either of the first patients dosed with CABA-201 in the RESET-Myositis™ and RESET-SLE™ trials – globenewswire.com - 6 months ago
Cabaletta Bio to Participate in the H.C. Wainwright 2nd Annual BioConnect Investor Conference at NASDAQ PHILADELPHIA, May 13, 2024 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapies designed specifically for patients with autoimmune diseases, today announced that the Company will participate in a fireside chat at the H.C. Wainwright 2nd Annual BioConnect Investor Conference at NASDAQ on Monday, May 20, 2024 at 9:30 a.m. ET in New York, NY. globenewswire.com - 6 months ago
Cabaletta Bio Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update – First patient dosed with CABA-201 in the RESET™ (REstoring SElf-Tolerance) clinical trial program – – Initial clinical data from each of the first patients in the RESET-Myositis™ and RESET-SLE™ trials anticipated in 1H24; longer term follow-up on these and additional patients to be reported in 2H24 – – RESET-SSc™ (systemic sclerosis) and RESET-MG™ trials initial clinical data anticipated to be reported in 2H24 – – Rare Pediatric Disease designation granted by FDA for CABA-201 in juvenile dermatomyositis – – Cash runway into 1H26 with cash, cash equivalents and short-term investments of $241.2 million as of December 31, 2023 – PHILADELPHIA, March 21, 2024 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapies designed specifically for patients with autoimmune diseases, today reported financial results for the fourth quarter and full year ended December 31, 2023, and provided a business update. “Throughout the past year, we set the foundation to enable an efficient development strategy for CABA-201 across a broad range of autoimmune diseases. globenewswire.com - 7 months ago
Cabaletta Bio to Participate in Upcoming Investor Conferences in March PHILADELPHIA, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapies for patients with autoimmune diseases, today announced that the Company will participate in two upcoming investor conferences in March: globenewswire.com - 8 months ago
Cabaletta Bio Announces FDA Granted Orphan Drug Designation to CABA-201 for Treatment of Myositis PHILADELPHIA, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapies for patients with autoimmune diseases, today announced that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation (ODD) to CABA-201, a 4-1BB-containing fully human CD19-CAR T cell investigational therapy, for the treatment of idiopathic inflammatory myopathies (IIM, or myositis). CABA-201 is in development as a potential treatment for autoimmune diseases driven by B cells. Four RESET™ (REstoring SElf-Tolerance) Phase 1/2 trials are advancing for the evaluation of CABA-201 across multiple autoimmune conditions, including the Phase 1/2 RESET-Myositis™ trial. globenewswire.com - 9 months ago
8. Profile Summary

Cabaletta Bio, Inc. CABA

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 148 M
Dividend Yield 0.00%
Description Cabaletta Bio, Inc., a clinical-stage biotechnology company, focuses on the discovery and development of engineered T cell therapies for patients with B cell-mediated autoimmune diseases. Its proprietary technology utilizes chimeric autoantibody receptor (CAAR) T cells that are designed to selectively bind and eliminate B cells, which produce disease-causing autoantibodies or pathogenic B cells. The company's lead product candidate is DSG3-CAART, which is in Phase I clinical trial for the treatment of mucosal pemphigus vulgaris, an autoimmune blistering skin disease, and Hemophilia A with Factor VIII alloantibodies. Its product candidate pipeline also includes MuSK-CAART, a preclinical stage product to treat a subset of patients with myasthenia gravis; FVIII-CAART, a discovery stage product to treat a subset of patients with Hemophilia A; and DSG3/1-CAART, a discovery stage product for the treatment of mucocutaneous pemphigus vulgaris. It has a collaboration with the University of Pennsylvania; and research agreement with The Regents of the University of California. The company was formerly known as Tycho Therapeutics, Inc. and changed its name to Cabaletta Bio, Inc. in August 2018. Cabaletta Bio, Inc. was incorporated in 2017 and is headquartered in Philadelphia, Pennsylvania.
Contact 2929 Arch Street, Philadelphia, PA, 19104 https://www.cabalettabio.com
IPO Date Oct. 25, 2019
Employees 136
Officers Dr. Samik Basu M.D. Chief Scientific Officer Mr. Anup Marda M.B.A. Chief Financial Officer Dr. Qing Sarah Yuan Ph.D. Chief Technology Officer Dr. Steven A. Nichtberger M.D. Co-Founder, Chairman, Chief Executive Officer & President Dr. David J. Chang FACR, M.D., M.P.H. Chief Medical Officer Mr. Michael Gerard J.D. General Counsel & Secretary Dr. Gwendolyn K. Binder Ph.D. President of Science & Technology Dr. Aimee Payne M.D., Ph.D. Co-Founder & Co-Chair of Scientific Advisory Board Dr. Michael C. Milone M.D., Ph.D. Co-Founder & Co-Chair of Scientific Advisory Board Ms. Heather Harte-Hall M.Sc. Chief Compliance Officer