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Cabaletta Bio, Inc. (CABA)

Healthcare | Biotechnology | Philadelphia, United States | NasdaqGS
3.44 USD -0.08 (-2.273%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 3.47 +0.03 (0.872%) ⇧ (April 17, 2026, 7:57 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ★★★☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:20 a.m. EDT

CABA is transitioning from a 'hold' to a 'momentum buy' setup, but the fundamental upside is capped by the lack of analyst coverage until the next major curated interaction. With just 3 analyst opinions averaging a $30 price target and strong clinical news regarding the 'Rese-cel' platform, the risk-reward is skewed 2:1, but the dilution risk remains a secondary concern. The current setup is a 'stopgap' trade waiting for the next catalyst to push it into the strong buy territory.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.090702
AutoTheta0.090707
MSTL0.090881
AutoARIMA0.180018

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 80%
H-stat 0.51
Ljung-Box p 0.000
Jarque-Bera p 0.267
Excess Kurtosis -0.84
Attribute Value
Sector Healthcare
Debt to Equity Ratio 24.184
Market Cap 382,949,984
Forward P/E -2.45
Beta 3.29
Website https://www.cabalettabio.com

As of April 19, 2026, 12:20 a.m. EDT: Options activity reveals a distinct bullish bias despite low volumes. In the ultra-short term (April), Volume 78 with heavy Open Interest (OI) at the 4.0 strike suggests a 'butterfly' or 'condor' structure designed for cap gains rather than directional hedging. In the May expiration, while volume is low (147), the Open Interest heavily favors OTM 2.5 and 5.0 strikes, indicating a 'long gamma' beta-bet on a run, or a strategy requiring a 20-30% surge. Crucially, June liquidity is negligible if it represents a disconnect, but July flow shows new volume entering the ATM (3.5 strike), suggesting professional accumulation. For longer expirations (August onwards), the Call volume remains robust (366 total in August), while Put activity is minimal (11 in August). The 1.01x ofm_oi_pct ratio in the May leg (though low absolute number) suggests controlled supply vs demand. The IV spread is narrow, indicating mild sentiment but not mania.


Info Dump

Attribute Value
52 Week Change 1.940171
Address1 2,929 Arch Street
Address2 Suite 600
All Time High 26.35
All Time Low 0.59
Ask 4.1
Ask Size 2
Average Daily Volume10 Day 1,986,470
Average Daily Volume3 Month 3,055,696
Average Volume 3,055,696
Average Volume10Days 1,986,470
Beta 3.293
Bid 2.52
Bid Size 2
Book Value 1.115
City Philadelphia
Compensation As Of Epoch Date 1,735,603,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 3.44
Current Ratio 2.769
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 3.515
Day Low 3.1601
Debt To Equity 24.184
Display Name Cabaletta Bio
Earnings Timestamp 1,774,269,000
Earnings Timestamp End 1,778,761,800
Earnings Timestamp Start 1,778,761,800
Ebitda -170,595,008
Ebitda Margins 0.0
Enterprise To Ebitda -1.62
Enterprise Value 276,448,992
Eps Current Year -1.51999
Eps Forward -1.40436
Eps Trailing Twelve Months -2.1
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 3.0254
Fifty Day Average Change 0.41460013
Fifty Day Average Change Percent 0.13703978
Fifty Two Week Change Percent 194.0171
Fifty Two Week High 3.78
Fifty Two Week High Change -0.3399999
Fifty Two Week High Change Percent -0.08994707
Fifty Two Week Low 1.08
Fifty Two Week Low Change 2.3600001
Fifty Two Week Low Change Percent 2.1851852
Fifty Two Week Range 1.08 - 3.78
Financial Currency USD
First Trade Date Milliseconds 1,572,010,200,000
Float Shares 91,169,928
Forward Eps -1.40436
Forward P E -2.4495144
Free Cashflow -81,283,128
Full Exchange Name NasdaqGS
Full Time Employees 154
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.0136
Held Percent Institutions 0.68511003
Implied Shares Outstanding 111,322,671
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. Its 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, non-renal systemic lupus erythematosus, relapsing and progressive multiple sclerosis, mucocutaneous and mucosal pemphigus vulgaris (PV), systemic sclerosis, and generalized myasthenia gravis. The company 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 382,949,984
Market State CLOSED
Max Age 86,400
Message Board Id finmb_590735322
Most Recent Quarter 1,767,139,200
Net Income To Common -167,856,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 382,949,988
Number Of Analyst Opinions 8
Open 3.49
Operating Cashflow -131,080,000
Operating Margins 0.0
Payout Ratio 0.0
Phone 267 759 3100
Post Market Change 0.029999971
Post Market Change Percent 0.8720922
Post Market Price 3.47
Post Market Time 1,776,470,254
Previous Close 3.52
Price Eps Current Year -2.2631729
Price Hint 4
Price To Book 3.0852017
Profit Margins 0.0
Quick Ratio 2.664
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0799999
Regular Market Change Percent -2.27273
Regular Market Day High 3.515
Regular Market Day Low 3.1601
Regular Market Day Range 3.1601 - 3.515
Regular Market Open 3.49
Regular Market Previous Close 3.52
Regular Market Price 3.44
Regular Market Time 1,776,456,001
Regular Market Volume 3,351,241
Return On Assets -0.61492
Return On Equity -1.2697799
Sand P52 Week Change 0.38150132
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 111,322,671
Shares Percent Shares Out 0.17940001
Shares Short 19,967,705
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 18,637,787
Short Name Cabaletta Bio, Inc.
Short Percent Of Float 0.18200001
Short Ratio 10.58
Source Interval 15
State PA
Symbol CABA
Target High Price 30.0
Target Low Price 2.0
Target Mean Price 13.125
Target Median Price 13.5
Total Cash 133,599,000
Total Cash Per Share 1.2
Total Debt 27,098,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.1
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.3708
Two Hundred Day Average Change 1.0692
Two Hundred Day Average Change Percent 0.450987
Type Disp Equity
Volume 3,351,241
Website https://www.cabalettabio.com
Zip 19,104