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Healthcare - Biotechnology - NASDAQ - US
$ 1.44
-1.37 %
$ 81.5 M
Market Cap
-1.33
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one TCRX stock under the worst case scenario is HIDDEN Compared to the current market price of 1.44 USD, TScan Therapeutics, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one TCRX stock under the base case scenario is HIDDEN Compared to the current market price of 1.44 USD, TScan Therapeutics, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one TCRX stock under the best case scenario is HIDDEN Compared to the current market price of 1.44 USD, TScan Therapeutics, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart TCRX

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$3.5$3.5$3.0$3.0$2.5$2.5$2.0$2.0$1.5$1.5$1.0$1.0Jan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 Jun
FINANCIALS
2.82 M REVENUE
-86.62%
-135 M OPERATING INCOME
-44.26%
-127 M NET INCOME
-42.91%
-111 M OPERATING CASH FLOW
-80.62%
-52.6 M INVESTING CASH FLOW
13.41%
209 M FINANCING CASH FLOW
54.13%
2.17 M REVENUE
226.47%
-36.2 M OPERATING INCOME
1.26%
-34.1 M NET INCOME
4.70%
-37.6 M OPERATING CASH FLOW
-37.12%
13.5 M INVESTING CASH FLOW
-50.43%
-525 K FINANCING CASH FLOW
-1.15%
Balance Sheet TScan Therapeutics, Inc.
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Current Assets 293 M
Cash & Short-Term Investments 290 M
Receivables 0
Other Current Assets 2.61 M
Non-Current Assets 78.4 M
Long-Term Investments 0
PP&E 71.6 M
Other Non-Current Assets 6.8 M
78.17 %19.29 %Total Assets$371.1m
Current Liabilities 36 M
Accounts Payable 4.28 M
Short-Term Debt 4.57 M
Other Current Liabilities 27.1 M
Non-Current Liabilities 94.2 M
Long-Term Debt 92.8 M
Other Non-Current Liabilities 1.38 M
3.29 %3.51 %20.83 %71.31 %Total Liabilities$130.1m
EFFICIENCY
Earnings Waterfall TScan Therapeutics, Inc.
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Revenue 2.82 M
Cost Of Revenue 0
Gross Profit 2.82 M
Operating Expenses 138 M
Operating Income -135 M
Other Expenses -7.32 M
Net Income -127 M
20m20m00(20m)(20m)(40m)(40m)(60m)(60m)(80m)(80m)(100m)(100m)(120m)(120m)(140m)(140m)3m03m(138m)(135m)7m(127m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
-4787.68% OPERATING MARGIN
-4787.68%
-4527.66% NET MARGIN
-4527.66%
-52.91% ROE
-52.91%
-34.36% ROA
-34.36%
-39.68% ROIC
-39.68%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis TScan Therapeutics, Inc.
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00(20m)(20m)(40m)(40m)(60m)(60m)(80m)(80m)(100m)(100m)(120m)(120m)202020202021202120222022202320232024202420252025
Net Income -127 M
Depreciation & Amortization 4.11 M
Capital Expenditures -3.82 M
Stock-Based Compensation 9.55 M
Change in Working Capital 5.05 M
Others 1.03 M
Free Cash Flow -115 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets TScan Therapeutics, Inc.
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Wall Street analysts predict an average 1-year price target for TCRX of $3 , with forecasts ranging from a low of $3 to a high of $3 .
TCRX Lowest Price Target Wall Street Target
3 USD 108.33%
TCRX Average Price Target Wall Street Target
3 USD 108.33%
TCRX Highest Price Target Wall Street Target
3 USD 108.33%
Price
Max Price Target
Min Price Target
Average Price Target
8877665544332211Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25May '25May '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26May '26May '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 13
6. Ownership
Insider Ownership TScan Therapeutics, 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
952 K USD 1
Bought
3.11 M USD 1
0-3 MONTHS
750 USD 1
3-6 MONTHS
416 K USD 2
6-9 MONTHS
56.1 K USD 1
9-12 MONTHS
7. News
Squarepoint Ops LLC Makes New $59,000 Investment in TScan Therapeutics, Inc. (NASDAQ:TCRX) Squarepoint Ops LLC purchased a new position in shares of TScan Therapeutics, Inc. (NASDAQ:TCRX – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 19,461 shares of the company’s stock, valued at approximately $59,000. A number of other large investors also recently bought and sold shares of the stock. SG Americas Securities LLC raised its stake in TScan Therapeutics by 31.2% during the fourth quarter. SG Americas Securities LLC now owns 20,415 shares of the company’s stock worth $62,000 after purchasing an additional 4,852 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of TScan Therapeutics by 41.1% during the 4th quarter. Wells Fargo & Company MN now owns 19,540 shares of the company’s stock valued at $59,000 after acquiring an additional 5,694 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of TScan Therapeutics by 5.2% during the 4th quarter. Wellington Management Group LLP now owns 132,895 shares of the company’s stock valued at $404,000 after acquiring an additional 6,550 shares in the last quarter. Barclays PLC lifted its holdings in shares of TScan Therapeutics by 16.3% during the 4th quarter. Barclays PLC now owns 67,508 shares of the company’s stock valued at $206,000 after acquiring an additional 9,441 shares in the last quarter. Finally, Prudential Financial Inc. acquired a new position in shares of TScan Therapeutics during the 4th quarter valued at $32,000. Hedge funds and other institutional investors own 82.83% of the company’s stock. TScan Therapeutics Price Performance TCRX opened at $1.69 on Wednesday. The company has a 50-day moving average of $1.43 and a 200-day moving average of $2.18. The company has a market capitalization of $95.64 million, a P/E ratio of -1.59 and a beta of 0.98. TScan Therapeutics, Inc. has a 1-year low of $1.02 and a 1-year high of $9.29. The company has a debt-to-equity ratio of 0.13, a quick ratio of 9.56 and a current ratio of 9.56. TScan Therapeutics (NASDAQ:TCRX – Get Free Report) last announced its quarterly earnings data on Monday, May 12th. The company reported ($0.26) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.28) by $0.02. TScan Therapeutics had a negative net margin of 1,188.88% and a negative return on equity of 58.72%. The business had revenue of $2.17 million during the quarter, compared to the consensus estimate of $1.62 million. Equities analysts expect that TScan Therapeutics, Inc. will post -1.12 EPS for the current fiscal year. Analysts Set New Price Targets TCRX has been the topic of several recent research reports. HC Wainwright reduced their target price on shares of TScan Therapeutics from $15.00 to $10.00 and set a “buy” rating on the stock in a report on Wednesday, May 7th. Wedbush restated an “outperform” rating and set a $7.00 target price on shares of TScan Therapeutics in a report on Tuesday, May 6th. Needham & Company LLC restated a “buy” rating and set a $9.00 target price on shares of TScan Therapeutics in a report on Tuesday, April 8th. Barclays reduced their target price on shares of TScan Therapeutics from $14.00 to $3.00 and set an “overweight” rating on the stock in a report on Friday, March 7th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $10.00 price target on shares of TScan Therapeutics in a research note on Friday, March 14th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $7.80. View Our Latest Research Report on TCRX Insider Activity at TScan Therapeutics In other news, major shareholder Lynx1 Capital Management Lp bought 1,200,000 shares of TScan Therapeutics stock in a transaction on Tuesday, May 20th. The stock was purchased at an average cost of $1.20 per share, with a total value of $1,440,000.00. Following the purchase, the insider now directly owns 7,946,141 shares of the company’s stock, valued at approximately $9,535,369.20. This trade represents a 17.79% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 4.35% of the company’s stock. TScan Therapeutics Profile (Free Report) TScan Therapeutics, Inc, a clinical-stage biopharmaceutical company, develops T cell receptor-engineered T cell (TCR-T) therapies for the treatment of patients with cancer in the United States. The company's lead product candidates include TSC-100 and TSC-101 that is in Phase I clinical trial for the treatment of patients with hematologic malignancies to eliminate residual disease and prevent relapse after allogeneic hematopoietic cell transplantation. https://www.defenseworld.net - 1 week ago
TScan Therapeutics Announces Upcoming Presentation at the Jefferies Global Healthcare Conference WALTHAM, Mass., May 28, 2025 (GLOBE NEWSWIRE) -- TScan Therapeutics, Inc. (Nasdaq: TCRX), a clinical-stage biotechnology company focused on the development of T cell receptor (TCR)-engineered T cell (TCR-T) therapies for the treatment of patients with cancer, today announced that the Company will present at the Jefferies Global Healthcare Conference being held at the Marriott Marquis in New York, NY on Wednesday, June 4, 2025 at 4:55 p.m. Eastern Time. globenewswire.com - 3 weeks ago
TScan Therapeutics, Inc. (TCRX) Reports Q1 Loss, Tops Revenue Estimates TScan Therapeutics, Inc. (TCRX) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to loss of $0.32 per share a year ago. zacks.com - 1 month ago
TScan Therapeutics Reports First Quarter 2025 Financial Results and Provides Corporate Update Updates from the PLEXI-T™ solid tumor and ALLOHA™ heme Phase 1 clinical trials anticipated by end of year On-track to file IND application for TSC-102-A0301 (CD45; HLA-A*03:01) to FDA in the second half of the year Appointed commercial leader Stephen Camiolo as Senior Vice President, Market Access Cash, cash equivalents, and marketable securities continue to fund operations into the first quarter of 2027 WALTHAM, Mass., May 06, 2025 (GLOBE NEWSWIRE) -- TScan Therapeutics, Inc. (Nasdaq: TCRX), a clinical-stage biotechnology company focused on the development of T cell receptor (TCR)-engineered T cell (TCR-T) therapies for the treatment of patients with cancer, today reported financial results for the three months ended March 31, 2025, and provided a corporate update. globenewswire.com - 1 month ago
TScan Therapeutics Announces Upcoming Presentation at the American Society of Gene and Cell Therapy 28th Annual Meeting WALTHAM, Mass., April 28, 2025 (GLOBE NEWSWIRE) -- TScan Therapeutics, Inc. (Nasdaq: TCRX), a clinical-stage biotechnology company focused on the development of T cell receptor (TCR)-engineered T cell (TCR-T) therapies for the treatment of patients with cancer, today announced the acceptance of an abstract for poster presentation at the upcoming American Society of Gene and Cell Therapy (ASGCT) 28ᵗʰ Annual Meeting being held May 13 – 17 in New Orleans, LA as well as virtually. globenewswire.com - 1 month ago
TScan Therapeutics to Participate in the 24th Annual Needham Virtual Healthcare Conference WALTHAM, Mass., March 31, 2025 (GLOBE NEWSWIRE) -- TScan Therapeutics, Inc. (Nasdaq: TCRX), a clinical-stage biotechnology company focused on the development of T cell receptor (TCR)-engineered T cell (TCR-T) therapies for the treatment of patients with cancer, today announced that the Company will participate in a fireside chat at the 24th Annual Needham Virtual Healthcare Conference on Monday, April 7, 2025 at 9:30 a.m. Eastern Time. globenewswire.com - 2 months ago
TScan Therapeutics Appoints Commercial Leader Stephen Camiolo as Senior Vice President, Market Access Mr. Camiolo brings to TScan demonstrated commercial readiness and cell therapy launch experience Mr. Camiolo brings to TScan demonstrated commercial readiness and cell therapy launch experience globenewswire.com - 2 months ago
TScan: 2 Major Milestones Of TSC-101 To Carry Tide In 2025 Additional data from phase 1 ALLOHA study, using TSC-101 for the treatment of patients with hematological malignancies of those undergoing allogeneic haploidentical HSCT, expected by end of 2025. Barring positive feedback from regulatory authorities, the company hopes to develop TSC-101 for AML, MDS, ALL patients who undergo HSCT in a pivotal study in the 2nd half of 2025. The company is developing multiplex TCR-Ts for treatment of patients with solid tumors, with phase 1 PLEXI-T trial data anticipated in the second half of 2025. seekingalpha.com - 3 months ago
TScan Therapeutics, Inc. (TCRX) Reports Q4 Loss, Lags Revenue Estimates TScan Therapeutics, Inc. (TCRX) came out with a quarterly loss of $0.29 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to loss of $0.21 per share a year ago. zacks.com - 3 months ago
TScan Therapeutics Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Business Update Presented updated data from ongoing ALLOHA™ Phase 1 heme trial at the 66 th ASH Annual Meeting and Exposition IND application cleared for seventh TCR in PLEXI-T™ Phase 1 solid tumor program; TSC-202-A0201 targeting MAGE-A4 on HLA-A*02:01 Closed $30 million registered direct offering at 37% premium with long-standing, supportive shareholder Cash, cash equivalents, and marketable securities continue to fund operations into the first quarter of 2027 WALTHAM, Mass., March 05, 2025 (GLOBE NEWSWIRE) -- TScan Therapeutics, Inc. (Nasdaq: TCRX), a clinical-stage biotechnology company focused on the development of T cell receptor (TCR)-engineered T cell (TCR-T) therapies for the treatment of patients with cancer, today reported financial results for the three months and full year ended December 31, 2024, and provided a business update. globenewswire.com - 3 months ago
TScan Therapeutics Announces Upcoming Presentation at the TD Cowen 45th Annual Health Care Conference WALTHAM, Mass., Feb. 27, 2025 (GLOBE NEWSWIRE) -- TScan Therapeutics, Inc. (Nasdaq: TCRX), a clinical-stage biotechnology company focused on the development of T cell receptor (TCR)-engineered T cell (TCR-T) therapies for the treatment of patients with cancer, today announced that the Company will present at the TD Cowen 45th Annual Health Care Conference being held at the Marriott Copley Place in Boston, MA on Wednesday, March 5, 2025 at 1:10 p.m. Eastern Time. globenewswire.com - 3 months ago
TScan Therapeutics to Participate in the H.C. Wainwright 3rd Annual Cell Therapy Virtual Conference WALTHAM, Mass., Feb. 18, 2025 (GLOBE NEWSWIRE) -- TScan Therapeutics, Inc. (Nasdaq: TCRX), a clinical-stage biotechnology company focused on the development of T cell receptor (TCR)-engineered T cell (TCR-T) therapies for the treatment of patients with cancer, today announced that the Company will participate in a fireside chat at the H.C. Wainwright 3rd Annual Cell Therapy Virtual Conference on Tuesday, February 25, 2025 at 10:00 a.m. Eastern Time. globenewswire.com - 4 months ago
8. Profile Summary

TScan Therapeutics, Inc. TCRX

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 81.5 M
Dividend Yield 0.00%
Description TScan Therapeutics, Inc., a preclinical-stage biopharmaceutical company, develops T cell receptor-engineered T cell therapies for the treatment of patients with cancer. It is developing TSC-100 and TSC-101 for the treatment of patients with hematologic malignancies to eliminate residual leukemia and prevent relapse after hematopoietic stem cell transplantation; and TSC-200, TSC-201, TSC-202, TSC-203, and TSC-204 for the treatment of solid tumors. The company is also developing vaccines for infectious diseases, such as SARS-CoV-2. It has a collaboration and license agreement with Novartis Institutes for BioMedical Research, Inc., to identify novel cancer antigens from the T cells of patients with a certain specific type of cancer. TScan Therapeutics, Inc. was incorporated in 2018 and is headquartered in Waltham, Massachusetts.
Contact 830 Winter Street, Waltham, MA, 02451 https://www.tscan.com
IPO Date July 16, 2021
Employees 200
Officers Dr. Justin McCue Ph.D. Chief Technology Officer Mr. Tomasz Kula Ph.D. Co-Founder & Member of Advisory Board Dr. Shrikanta Chattopadhyay M.D. Senior Vice President & Head of Translational Medicine Dr. Gavin MacBeath Ph.D. Chief Executive Officer & Director Dr. Chrystal U. Louis M.D., M.P.H. Chief Medical Officer Dr. Zoran Zdraveski J.D., Ph.D. Chief Legal & Strategy Officer and Company Secretary Mr. Jim Murray Senior Vice President & Head of Development Operations Mr. Ray Lockard M.B.A. Senior Vice President & Head of Quality Ms. Ann Hargraves Senior Vice President of Human Resources Dr. Stephen J. Elledge Ph.D. Co-Founder & Chairman of Scientific Advisory Board