NASDAQ:MXCT

MaxCyte (MXCT) Stock Price, News & Analysis

$3.77
-0.06 (-1.57%)
(As of 05/3/2024 ET)
Today's Range
$3.74
$3.95
50-Day Range
$3.63
$4.71
52-Week Range
$2.45
$5.55
Volume
477,877 shs
Average Volume
451,874 shs
Market Capitalization
$394.12 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.67

MaxCyte MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
129.9% Upside
$8.67 Price Target
Short Interest
Bearish
3.60% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of MaxCyte in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$22,050 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.53) to ($0.46) 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.

1.45 out of 5 stars

Medical Sector

4147th out of 5,424 stocks

Commercial Physical Research Industry

49th out of 66 stocks

MXCT stock logo

About MaxCyte Stock (NASDAQ:MXCT)

MaxCyte, Inc., a life sciences company, discovers, develops, and commercializes next-generation cell therapies in the United States and internationally. Its products include ExPERT ATx, a static electroporation instrument for small to medium scale transfection; ExPERT STx, a flow electroporation for protein production and drug development, as well as expression of therapeutic targets for cell-based assays; ExPERT GTx, a flow electroporation for large scale transfection in therapeutic applications; and ExPERT VLx for very large volume cell-engineering. The company also provides disposable processing assemblies (PAs) to process and electroporate cells; and accessories supporting PAs, such as electroporation buffer solution and software protocols. It licenses and sells its instruments and technology; and sells its consumables to developers of cell therapies, as well as to pharmaceutical and biotechnology companies for use in drug discovery and development, and bio-manufacturing. MaxCyte, Inc. was incorporated in 1998 and is headquartered in Rockville, Maryland.

MXCT Stock Price History

MXCT Stock News Headlines

MaxCyte Inc MYE0
MaxCyte (MXCT) to Release Quarterly Earnings on Tuesday
Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
MaxCyte, Inc. (MXCT)
Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
MaxCyte Signs SPL Agreement With Imugene
COMM, NKTX and AVIR are among after hour movers
MaxCyte gets new CEO and President
See More Headlines
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Company Calendar

Last Earnings
3/12/2024
Today
5/04/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Commercial physical research
Sub-Industry
N/A
Current Symbol
NASDAQ:MXCT
Employees
143
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.67
High Stock Price Target
$11.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+129.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-37,920,000.00
Pretax Margin
-91.85%

Debt

Sales & Book Value

Annual Sales
$41.29 million
Book Value
$2.23 per share

Miscellaneous

Free Float
98,132,000
Market Cap
$394.12 million
Optionable
Optionable
Beta
1.36
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MXCT Stock Analysis - Frequently Asked Questions

Should I buy or sell MaxCyte stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MaxCyte in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MXCT shares.
View MXCT analyst ratings
or view top-rated stocks.

What is MaxCyte's stock price target for 2024?

4 analysts have issued twelve-month price objectives for MaxCyte's stock. Their MXCT share price targets range from $7.00 to $11.00. On average, they expect the company's stock price to reach $8.67 in the next year. This suggests a possible upside of 129.9% from the stock's current price.
View analysts price targets for MXCT
or view top-rated stocks among Wall Street analysts.

How have MXCT shares performed in 2024?

MaxCyte's stock was trading at $4.70 at the beginning of 2024. Since then, MXCT shares have decreased by 19.8% and is now trading at $3.77.
View the best growth stocks for 2024 here
.

When is MaxCyte's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our MXCT earnings forecast
.

How can I listen to MaxCyte's earnings call?

MaxCyte will be holding an earnings conference call on Tuesday, May 7th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were MaxCyte's earnings last quarter?

MaxCyte, Inc. (NASDAQ:MXCT) posted its quarterly earnings results on Tuesday, March, 12th. The company reported ($0.05) earnings per share for the quarter, topping analysts' consensus estimates of ($0.10) by $0.05. The firm had revenue of $15.67 million for the quarter, compared to the consensus estimate of $15.60 million. MaxCyte had a negative net margin of 91.85% and a negative trailing twelve-month return on equity of 15.90%.

What guidance has MaxCyte issued on next quarter's earnings?

MaxCyte updated its FY 2024 earnings guidance on Monday, March, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $29.6 million-$31.3 million, compared to the consensus revenue estimate of $42.1 million.

When did MaxCyte IPO?

MaxCyte (MXCT) raised $150 million in an initial public offering (IPO) on Friday, July 30th 2021. The company issued 12,000,000 shares at a price of $11.50-$13.50 per share.

Who are MaxCyte's major shareholders?

MaxCyte's stock is owned by a variety of institutional and retail investors. Top institutional investors include Chevy Chase Trust Holdings LLC (1.24%), Allspring Global Investments Holdings LLC (0.27%), Salem Investment Counselors Inc. (0.05%), Mirae Asset Global Investments Co. Ltd. (0.04%) and China Universal Asset Management Co. Ltd. (0.02%). Insiders that own company stock include Casdin Partners Master Fund, L, Douglas Doerfler, John Joseph Johnston, Richard Douglas and Thomas M Ross.
View institutional ownership trends
.

How do I buy shares of MaxCyte?

Shares of MXCT 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:MXCT) was last updated on 5/4/2024 by MarketBeat.com Staff

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