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Allogene Therapeutics, Inc. a clinical stage immuno-oncology company, develops and commercializes genetically engineered allogeneic T cell therapies for the treatment of cancer and autoimmune diseases. It develops a pipeline of multiple allogeneic CAR T cell product candidates utilizing protein engineering, gene editing, gene insertion, and advanced proprietary T cell manufacturing technologies. The company is also developing cemacabtagene ansegedleucel (cema-cel), an engineered allogeneic CAR T cell product candidate that targets CD19 for the treatment of large B-cell lymphoma (LBCL). In addition, it develops ALLO-316, an engineered allogeneic CAR T cell product candidate that targets CD70 to treat renal cell carcinoma (RCC); and ALLO-329, an engineered allogeneic CAR T cell product candidate that targets both CD19 and CD70 for the treatment of autoimmune diseases (AID), such as systemic lupus erythematosus (SLE), idiopathic inflammatory myopathies (IIM), and systemic sclerosis (SSc). The company was incorporated in 2017 and is headquartered in South San Francisco, California.
Analyst Outlook | Price targets range from $5 to $14, with an average of $9.33, reflecting varied perspectives on Allogene's growth potential and market position |
Market Dynamics | Explore Allogene's competitive edge in allogeneic CAR T therapy, facing challenges from established players and emerging technologies |
Financial Fortitude | Strong cash position of $302.6M extends runway to 2027, supporting ongoing clinical development amid absence of current revenue |
Pipeline Promise | Allogene's AlloCAR T therapies show potential in LBCL, RCC, and autoimmune diseases, with key trials advancing despite timeline adjustments |
Metrics to compare | ALLO | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipALLOPeersSector | |
|---|---|---|---|---|
P/E Ratio | −2.8x | −1.4x | −0.5x | |
PEG Ratio | −0.08 | −0.02 | 0.00 | |
Price / Book | 1.8x | 2.2x | 2.6x | |
Price / LTM Sales | - | 19.0x | 3.2x | |
Upside (Analyst Target) | 282.8% | 405.7% | 47.6% | |
Fair Value Upside | Unlock | 7.1% | 6.1% | Unlock |