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Cabaletta Bio, Inc. (CABA)

Healthcare | Biotechnology | Philadelphia, United States | NasdaqGS
3.12 USD -0.26 (-7.692%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 3.18 +0.06 (1.923%) ⇧ (Aug. 28, 2026, 7:51 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 1:59 a.m. EDT

The investment case here is fractured by a stark divergence between the company's operational narrative and its financial reality. While recent clinical trial results have sparked a 'strong buy' analyst consensus and pushed the stock up significantly, the underlying business remains in a deep value trap. The company has suffered a catastrophic multi-year decline, dropping nearly 86% over the last five years, with the last two years seeing double-digit percentage losses. Fundamentally, the picture is dire: negative earnings, negative free cash flow, and a return on equity of nearly -93%. The balance sheet, while currently liquid, supports a burn rate that makes survival uncertain without further dilution. The short-term outlook is ambiguous. The stock is hovering near its 50-day moving average, showing some resilience after a sharp drop, but the statistical forecasting models offer no directional edge, reflecting the high volatility and lack of clear trend. Options activity confirms this tension: traders are hedging with puts while simultaneously placing speculative bets on a massive upside move, creating a volatile environment unsuitable for steady capital appreciation. There is no dividend to provide any income cushion. For a long-term investor, the combination of deteriorating fundamentals, a history of massive share price erosion, and the inherent risks of a biotech company with no commercial revenue yet makes this a dangerous hold. The 'strong buy' ratings likely reflect a binary bet on a specific drug approval rather than a sound investment in the company's current financial health.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.229960
AutoETS0.243987
AutoARIMA0.243987
AutoTheta0.334639

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 36%
H-stat 2.77
Ljung-Box p 0.000
Jarque-Bera p 0.075
Excess Kurtosis 0.23
Attribute Value
Sector Healthcare
Debt to Equity Ratio 12.21
Market Cap 528,981,760
Forward P/E -2.11
Beta 3.25
Website https://www.cabalettabio.com

As of Aug. 22, 2026, 1:59 a.m. EDT: Speculators are positioning defensively with heavy put volume at strikes below the current price ($2.50, $3.00) across multiple expirations, suggesting a fear of further downside. However, there is notable 'new flow' buying of out-of-the-money calls at $5.00 and $5.50 strikes for later dates, indicating a speculative bet on a potential catalyst-driven rally despite the prevailing bearish sentiment.


Info Dump

Attribute Value
52 Week Change 1.3310344
Address1 2,929 Arch Street
Address2 Suite 600
All Time High 26.35
All Time Low 0.59
Ask 3.14
Ask Size 1
Average Analyst Rating 1.5 - Strong Buy
Average Daily Volume10 Day 5,119,460
Average Daily Volume3 Month 4,672,333
Average Volume 4,672,333
Average Volume10Days 5,119,460
Beta 3.253
Bid 3.2
Bid Size 1
Book Value 1.256
City Philadelphia
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 3.12
Current Ratio 5.789
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 3.37
Day Low 3.11
Debt To Equity 12.21
Display Name Cabaletta Bio
Earnings Timestamp 1,786,624,200
Earnings Timestamp End 1,794,832,200
Earnings Timestamp Start 1,794,832,200
Ebitda -184,115,008
Ebitda Margins 0.0
Enterprise To Ebitda -1.79
Enterprise Value 329,593,792
Eps Current Year -1.35584
Eps Forward -1.4777
Eps Trailing Twelve Months -1.38
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 2.9025
Fifty Day Average Change 0.21749997
Fifty Day Average Change Percent 0.07493539
Fifty Two Week Change Percent 133.10344
Fifty Two Week High 4.23
Fifty Two Week High Change -1.1100001
Fifty Two Week High Change Percent -0.2624114
Fifty Two Week Low 1.42
Fifty Two Week Low Change 1.6999999
Fifty Two Week Low Change Percent 1.1971831
Fifty Two Week Range 1.42 - 4.23
Financial Currency USD
First Trade Date Milliseconds 1,572,010,200,000
Float Shares 141,483,978
Forward Eps -1.4777
Forward P E -2.1113892
Free Cashflow -98,343,000
Full Exchange Name NasdaqGS
Full Time Employees 154
Fullday Change -0.26
Fullday Change Percent -7.69231
Fullday Price 3.18
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.0096700005
Held Percent Institutions 0.94009
Implied Shares Outstanding 169,545,445
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Cabaletta Bio, Inc., a clinical-stage biotechnology company, focuses on the discovery and development of engineered T cell therapies for patients with autoimmune diseases. The company's lead product candidate is resecabtagene autoleucel, a 4-1BB co-stimulatory domain-containing fully human CD19-CAR T, which is in Phase 1/2 clinical trials for the treatment of dermatomyositis, anti-synthetase syndrome, immune-mediated necrotizing myopathy, juvenile myositis, lupus nephritis, systemic lupus erythematosus, relapsing and progressive multiple sclerosis, mucocutaneous and mucosal pemphigus vulgaris (PV), systemic sclerosis, and generalized myasthenia gravis. It also develops DSG3-CAART, a CAAR T cell therapy that is in Phase 1 clinical trial for the treatment of mucosal PV; and MuSK-CAART, an investigational cell therapy in Phase 1 trial for treating patients with anti-muscle-specific kinase (MuSK) antibody positive myasthenia gravis. It has collaborations with the University of Pennsylvania and the Children's Hospital of Philadelphia; Nanjing IASO Biotherapeutics Co., Ltd; Oxford Biomedica; Autolus Holdings (UK) Limited; and WuXi Advanced Therapies, Inc. 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.
Long Name Cabaletta Bio, Inc.
Market us_market
Market Cap 528,981,760
Market State CLOSED
Max Age 86,400
Message Board Id finmb_590735322
Most Recent Quarter 1,782,777,600
Net Income To Common -181,318,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 575,606,785
Number Of Analyst Opinions 8
Open 3.34
Operating Cashflow -153,927,008
Operating Margins 0.0
Payout Ratio 0.0
Phone 267 759 3100
Post Market Change 0.06000018
Post Market Change Percent 1.9230828
Post Market Price 3.18
Post Market Time 1,787,961,086
Previous Close 3.38
Price Eps Current Year -2.3011565
Price Hint 4
Price To Book 2.4840763
Profit Margins 0.0
Quick Ratio 5.64
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.5
Region US
Regular Market Change -0.26
Regular Market Change Percent -7.69231
Regular Market Day High 3.37
Regular Market Day Low 3.11
Regular Market Day Range 3.11 - 3.37
Regular Market Open 3.34
Regular Market Previous Close 3.38
Regular Market Price 3.12
Regular Market Time 1,787,947,201
Regular Market Volume 3,233,290
Return On Assets -0.48188
Return On Equity -0.93205
Sand P52 Week Change 0.20504117
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 169,545,445
Shares Percent Shares Out 0.2524
Shares Short 42,795,914
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 41,009,848
Short Name Cabaletta Bio, Inc.
Short Percent Of Float 0.2782
Short Ratio 15.02
Source Interval 15
State PA
Symbol CABA
Target High Price 30.0
Target Low Price 3.0
Target Mean Price 13.25
Target Median Price 13.5
Total Cash 225,100,992
Total Cash Per Share 1.328
Total Debt 25,713,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.38
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.88055
Two Hundred Day Average Change 0.23944998
Two Hundred Day Average Change Percent 0.08312648
Type Disp Equity
Volume 3,233,290
Website https://www.cabalettabio.com
Zip 19,104