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Cabaletta Bio, Inc. (CABA)

Healthcare | Biotechnology | Philadelphia, United States | NasdaqGS
2.77 USD -0.21 (-7.059%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 2.76 -0.01 (-0.005%) ⇩ (July 13, 2026, 7:56 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:27 a.m. EDT

Cabaletta Bio presents a stark dichotomy between its precarious financial reality and its high-risk, high-reward biotech narrative. Fundamentally, the company is in distress: it is burning massive cash, reporting negative free cash flow of nearly $91 million, and carrying a debt-to-equity ratio that suggests a fragile balance sheet. The stock has suffered a catastrophic multi-year decline, dropping roughly 85% over the last five years, with the most recent annual performance showing another steep drop of nearly 79%. While the recent news of a $150M equity raise and positive early trial data offers a glimmer of hope for survival and potential future growth, the current fundamentals do not support a 'buy' thesis. The market has clearly priced in significant deterioration, leaving the stock trading at a fraction of its historical value. For investors, this is a speculative gamble on a clinical trial success story rather than a sound investment based on current earnings or stability. The lack of any dividend yield further underscores the company's focus on capital preservation through financing rounds rather than shareholder returns.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.086903
AutoARIMA0.089749
AutoETS0.089907
MSTL0.091940
MSTL_1260.129594
MSTL_900.136767
MSTL_90_1260.148145

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 34%
H-stat 0.33
Ljung-Box p 0.000
Jarque-Bera p 0.141
Excess Kurtosis -1.03
Attribute Value
Sector Healthcare
Debt to Equity Ratio 25.604
Market Cap 450,846,528
Forward P/E -1.95
Beta 3.26
Website https://www.cabalettabio.com

As of July 11, 2026, 3:27 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest at strikes below the current price ($2.50 and $2.00), while call activity remains sparse and concentrated near-the-money. Implied volatility is elevated for longer-dated contracts, suggesting a fear of significant downside or binary event risk rather than a bullish catalyst. The lack of significant out-of-the-money call positioning indicates limited speculative upside conviction in the near term.


Info Dump

Attribute Value
52 Week Change 0.760355
Address1 2,929 Arch Street
Address2 Suite 600
All Time High 26.35
All Time Low 0.59
Ask 3.54
Ask Size 2
Average Daily Volume10 Day 8,467,580
Average Daily Volume3 Month 4,935,600
Average Volume 4,935,600
Average Volume10Days 8,467,580
Beta 3.257
Bid 2.11
Bid Size 2
Book Value 0.928
City Philadelphia
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2.765
Current Ratio 2.947
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 2.96
Day Low 2.735
Debt To Equity 25.604
Display Name Cabaletta Bio
Earnings Timestamp 1,778,761,800
Earnings Timestamp End 1,786,019,400
Earnings Timestamp Start 1,786,019,400
Ebitda -177,903,008
Ebitda Margins 0.0
Enterprise To Ebitda -2.027
Enterprise Value 360,661,504
Eps Current Year -1.33795
Eps Forward -1.42001
Eps Trailing Twelve Months -1.65
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 3.3222
Fifty Day Average Change -0.55719995
Fifty Day Average Change Percent -0.16772017
Fifty Two Week Change Percent 76.0355
Fifty Two Week High 4.23
Fifty Two Week High Change -1.4649999
Fifty Two Week High Change Percent -0.34633568
Fifty Two Week Low 1.26
Fifty Two Week Low Change 1.5050001
Fifty Two Week Low Change Percent 1.1944445
Fifty Two Week Range 1.26 - 4.23
Financial Currency USD
First Trade Date Milliseconds 1,572,010,200,000
Float Shares 142,902,854
Forward Eps -1.42001
Forward P E -1.9471695
Free Cashflow -90,822,872
Full Exchange Name NasdaqGS
Full Time Employees 156
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.01005
Held Percent Institutions 0.64319
Implied Shares Outstanding 163,054,796
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 450,846,528
Market State PREPRE
Max Age 86,400
Message Board Id finmb_590735322
Most Recent Quarter 1,774,915,200
Net Income To Common -175,428,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 485,088,018
Number Of Analyst Opinions 8
Open 2.92
Operating Cashflow -142,839,008
Operating Margins 0.0
Payout Ratio 0.0
Phone 267 759 3100
Post Market Change -0.0050001144
Post Market Change Percent -0.18083596
Post Market Price 2.76
Post Market Time 1,783,986,991
Previous Close 2.975
Price Eps Current Year -2.0665946
Price Hint 4
Price To Book 2.979526
Profit Margins 0.0
Quick Ratio 2.81
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.21
Regular Market Change Percent -7.05882
Regular Market Day High 2.96
Regular Market Day Low 2.735
Regular Market Day Range 2.735 - 2.96
Regular Market Open 2.92
Regular Market Previous Close 2.975
Regular Market Price 2.765
Regular Market Time 1,783,972,801
Regular Market Volume 4,310,122
Return On Assets -0.71580005
Return On Equity -1.5603399
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 163,054,796
Shares Percent Shares Out 0.20889999
Shares Short 34,060,216
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 22,943,123
Short Name Cabaletta Bio, Inc.
Short Percent Of Float 0.23120001
Short Ratio 6.07
Source Interval 15
State PA
Symbol CABA
Target High Price 30.0
Target Low Price 4.0
Target Mean Price 13.375
Target Median Price 13.5
Total Cash 116,635,000
Total Cash Per Share 0.715
Total Debt 26,450,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.65
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.838375
Two Hundred Day Average Change -0.07337499
Two Hundred Day Average Change Percent -0.025851054
Type Disp Equity
Volume 4,310,122
Website https://www.cabalettabio.com
Zip 19,104