CAPR · NASDAQ · Biotechnology

Capricor Therapeutics (CAPR)

Develops deramiocel for Duchenne muscular dystrophy and StealthX exosome therapies.

$8.60
vs last close−0.74 (−7.97%)
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Capricor Therapeutics, Inc.CAPR
Health Care

Develops cell and exosome-based therapies, led by deramiocel for Duchenne muscular dystrophy and the StealthX platform. Product sales are still pre-commercial; the business depends on FDA review, manufacturing execution, and Nippon Shinyaku distribution arrangements in the United States and Japan.

Develops deramiocel, an allogeneic cell therapy made from cardiosphere-derived cells, for Duchenne muscular dystrophy. The broader pipeline includes StealthX, an engineered-exosome platform for vaccines and therapeutic delivery.

Execution centers on clinical development, regulatory approval work, and manufacturing responsibility from a San Diego base, with one reportable segment focused on therapeutic-candidate development and commercialization. The strategy reflects a pivot from earlier heart-disease programs toward DMD and exosome research.

Product sales have not begun because deramiocel and StealthX remain investigational. Regulatory review, manufacturing responsibility, and the Nippon Shinyaku distribution arrangements for the United States and Japan shape the near-term business structure.

Company facts

CEOLinda Marban, Ph.D.
ListedMar 9, 2015
ExchangeNASDAQ
HeadquartersSan Diego, CA
CountryUnited States
Employees231
CIK0001133869
ISINUS14070B3096

Market cap$537.1M
EPS (ttm)−$2.45
P/E (ttm)−3.81
ROE-56.6%
P/B2.18
P/S
Dividend yieldDiv yield
Beta0.96vs XLV 0.55

Price target$7.00−25.1%Average of 10 analysts
ConsensusBuy8 of 10 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 14, 2026B. RileyUpgrade
Rating: Neutral
Rating: Buy
Sep 14, 2026B.Riley FinancialTarget
Target:
Target: $21
Sep 14, 2026B. Riley SecuritiesUpgrade
Rating: Neutral
Rating: Buy
Sep 1, 2026Piper SandlerUpgrade
Rating: NeutralTarget: $45
Rating: OverweightTarget: $25
Aug 25, 2026OppenheimerUpgrade
Rating: Perform
Rating: Outperform

Next report
Nov 9, 26
in 47 days
EPS estimate
−$0.14
Revenue estimate
$41.7M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.16−$0.53−$0.57−$0.54−$0.62−$0.59−$0.70Pending
Estimate−$0.31−$0.33−$0.48−$0.54−$0.51−$0.55−$0.59−$0.14
Surprise+48.4%−60.6%−18.7%0.0%−21.6%−7.3%−18.9%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$11.1MPending
Estimate$5.5M$3.2M$480.0K$600.0K$525.0K$40.0M$2.1M$41.7M
Surprise+102.4%
Estimate−$0.14
ReportedDue Nov 9, 2026
Estimate$41.7M
ReportedDue Nov 9, 2026
View details

Debt to equity37.00%
Current ratio734.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$2.3M$11.1M$0$0$0$0$0$0
Net income−$12.6M−$7.1M−$24.4M−$25.9M−$24.6M−$30.2M−$33.9M−$40.7M
Net margin0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$13.0M−$7.7M−$25.0M−$27.7M−$26.3M−$29.2M−$36.8M−$42.9M
YoY growthLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $237.9M · Total debt $91.0M · Total assets $368.7M · Shareholders' equity $246.2M

Revenue
$0
Operating income
−$42.9M
Net income
−$40.7M
View details

No dividends on record.

Institutions≈ 67.46%39.22M shares
196 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders0.87%504.8K shares
6 holders · as of Jun 29, 2026
Strategic holders12.20%7.09M shares
1 holder · as of Sep 24, 2024
Other≈ 19.47%11.32M shares
remainder

58.14M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Nippon Shinyaku Co LtdStrategic10 percent owner
12.20%7.09Mfiled Sep 24, 2024
BlackRock, Inc.Institution
7.13%4.15Mas of Jun 30, 2026
Tang Capital Management LLCInstitution
7.05%4.10Mas of Jun 30, 2026
Suvretta Capital Management, LLCInstitution
7.04%4.09Mas of Jun 30, 2026
State Street CorpInstitution
5.84%3.40Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 25, 2026Anthony Bergmannofficer: CHIEF FINANCIAL OFFICER−24,100$30.38
Jun 25, 2026Karen Krasneyofficer: EVP, GENERAL COUNSEL−24,100$30.38
Jun 24, 2026Anthony Bergmannofficer: CHIEF FINANCIAL OFFICER−400$30.00
Jun 24, 2026Karen Krasneyofficer: EVP, GENERAL COUNSEL−400$30.00
May 1, 2026Anthony Bergmannofficer: CHIEF FINANCIAL OFFICER−25,000$31.70
View details

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