NASDAQ:FATE

Fate Therapeutics (FATE) Stock Price, News & Analysis

$4.20
-0.34 (-7.49%)
(As of 01:11 PM ET)
Today's Range
$4.19
$4.66
50-Day Range
$4.54
$8.35
52-Week Range
$1.63
$8.83
Volume
978,549 shs
Average Volume
2.76 million shs
Market Capitalization
$478.03 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.73

Fate Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Hold
2.08 Rating Score
Upside/​Downside
50.2% Upside
$6.73 Price Target
Short Interest
Bearish
19.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.70
Upright™ Environmental Score
News Sentiment
0.34mentions of Fate Therapeutics in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$9,245 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.94) to ($1.84) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.16 out of 5 stars

Medical Sector

141st out of 909 stocks

Biological Products, Except Diagnostic Industry

15th out of 156 stocks

FATE stock logo

About Fate Therapeutics Stock (NASDAQ:FATE)

Fate Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops programmed cellular immunotherapies for cancer and immune disorders worldwide. The company's chimeric antigen receptor (CAR)-targeted NK and T-cell product candidates include FT576 to treat multiple myeloma, and FT522, to treat lymphoma and autoimmune disorders. Its CAR T-cell programs include FT819 to treat hematologic malignancies and solid tumors, and FT825 to treat solid tumors. The company has a collaboration and option agreement with Ono Pharmaceutical Co. Ltd. for the development and commercialization of off-the-shelf, iPSC-derived CAR T-cell product candidates for the treatment of cancer. Fate Therapeutics, Inc. was incorporated in 2007 and is headquartered in San Diego, California.

FATE Stock Price History

FATE Stock News Headlines

This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Fate Therapeutics (NASDAQ:FATE) Stock Price Down 5.4%
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Evaluating Fate Therapeutics: Insights From 5 Financial Analysts
FATE Apr 2024 5.000 put
FATE Aug 2024 5.000 put
FATE Apr 2024 7.500 put
FATE Mar 2024 10.000 put
See More Headlines
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Company Calendar

Last Earnings
2/26/2024
Today
4/24/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:FATE
Fax
N/A
Employees
181
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.73
High Stock Price Target
$10.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+48.2%
Consensus Rating
Hold
Rating Score (0-4)
2.08
Research Coverage
12 Analysts

Profitability

Net Income
$-160,930,000.00
Net Margins
-253.30%
Pretax Margin
-253.30%

Debt

Sales & Book Value

Annual Sales
$63.53 million
Book Value
$3.74 per share

Miscellaneous

Free Float
108,081,000
Market Cap
$516.74 million
Optionable
Optionable
Beta
1.66
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FATE Stock Analysis - Frequently Asked Questions

Should I buy or sell Fate Therapeutics stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fate Therapeutics in the last year. There are currently 1 sell rating, 9 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FATE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FATE, but not buy additional shares or sell existing shares.
View FATE analyst ratings
or view top-rated stocks.

What is Fate Therapeutics' stock price target for 2024?

12 brokers have issued twelve-month target prices for Fate Therapeutics' shares. Their FATE share price targets range from $5.00 to $10.00. On average, they predict the company's stock price to reach $6.73 in the next twelve months. This suggests a possible upside of 50.2% from the stock's current price.
View analysts price targets for FATE
or view top-rated stocks among Wall Street analysts.

How have FATE shares performed in 2024?

Fate Therapeutics' stock was trading at $3.74 at the start of the year. Since then, FATE stock has increased by 19.8% and is now trading at $4.48.
View the best growth stocks for 2024 here
.

Are investors shorting Fate Therapeutics?

Fate Therapeutics saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 16,490,000 shares, an increase of 25.3% from the March 15th total of 13,160,000 shares. Based on an average trading volume of 2,860,000 shares, the days-to-cover ratio is presently 5.8 days. Approximately 19.0% of the company's shares are sold short.
View Fate Therapeutics' Short Interest
.

When is Fate Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our FATE earnings forecast
.

How were Fate Therapeutics' earnings last quarter?

Fate Therapeutics, Inc. (NASDAQ:FATE) announced its quarterly earnings results on Monday, February, 26th. The biopharmaceutical company reported ($0.45) earnings per share for the quarter, beating analysts' consensus estimates of ($0.57) by $0.12. The biopharmaceutical company earned $1.68 million during the quarter, compared to analysts' expectations of $0.85 million. Fate Therapeutics had a negative net margin of 253.30% and a negative trailing twelve-month return on equity of 38.17%. During the same period last year, the business earned ($0.58) earnings per share.

What ETFs hold Fate Therapeutics' stock?

ETFs with the largest weight of Fate Therapeutics (NASDAQ:FATE) stock in their portfolio include WisdomTree BioRevolution Fund (WDNA) and Invesco Dorsey Wright Healthcare Momentum ETF (PTH).Tema Oncology ETF (CANC).

What is Scott Wolchko's approval rating as Fate Therapeutics' CEO?

2 employees have rated Fate Therapeutics Chief Executive Officer Scott Wolchko on Glassdoor.com. Scott Wolchko has an approval rating of 100% among the company's employees. This puts Scott Wolchko in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Fate Therapeutics own?
Who are Fate Therapeutics' major shareholders?

Fate Therapeutics' stock is owned by many different institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (2.24%). Insiders that own company stock include Bahram Valamehr, Brian T Powl, Cindy Tahl, Edward J Dulac III, J Scott Wolchko, John Mendlein, Louis T Petrillo, Mark Plavsic, Redmile Group, Llc, Shefali Agarwal, Yuan Xu and Yu-Waye Chu.
View institutional ownership trends
.

How do I buy shares of Fate Therapeutics?

Shares of FATE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FATE) was last updated on 4/24/2024 by MarketBeat.com Staff

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