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Kardigan, Inc. (KARD)

21.55 -0.38 (-1.68%)
As of 9:32:21 AM EDT. Market Open.
Chart Range Bar
Loading chart for KARD
  • Previous Close 21.92
  • Open 21.96
  • Bid 20.94 x 100
  • Ask 21.40 x 100
  • Day's Range 21.55 - 22.05
  • 52 Week Range 16.25 - 27.00
  • Volume 5,574
  • Avg. Volume 451,483
  • Market Cap (intraday) 2.015B
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) --
  • EPS (TTM) -3.09
  • Earnings Date (est.) Nov 9, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 42.25

Kardigan, Inc. operates as a biopharmaceutical company focused on developing medicines for cardiovascular diseases. The company develops and provides a portfolio of medicines that target the underlying pathophysiology of cardiovascular diseases, including primary and secondary cardiomyopathies leading to heart failure. It utilizes a proprietary research and development platform that integrates AI-based tools, real-world clinical data, and cardiac-specific analytics to optimize clinical study design, patient screening, and efficacy tracking. The company incorporates Prolaio's cardiovascular data collection and analytics platform, which includes FDA-cleared algorithms and high-density patient data, to support drug development and clinical intelligence. The company engages in strategic in-licensing and acquisitions to expand its pipeline of targeted treatments. Kardigan serves biopharmaceutical companies, cardiovascular researchers, and healthcare providers in the cardiology sector. The company was formerly known as EnCarda, Inc. and changed its name to Kardigan, Inc. in December 2024. The company was founded in 2023 and is based in Princeton, New Jersey.

www.kardigan.bio

241

Full Time Employees

December 31

Fiscal Year Ends

Healthcare

Sector

Biotechnology

Industry

Performance Overview

Trailing total returns as of 9/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

KARD
32.58%
S&P 500 (^GSPC)
12.54%

1-Year Return

KARD
32.58%
S&P 500 (^GSPC)
19.47%

3-Year Return

KARD
32.58%
S&P 500 (^GSPC)
70.60%

5-Year Return

KARD
32.58%
S&P 500 (^GSPC)
69.86%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue --
Earnings -116.24M
Profit Margin 0.00%

Q2

FY26

-100M
-80M
-60M
-40M
-20M
0
0.0%

Analyst Insights

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Analyst Price Targets

37.00
42.25 Average
21.55 Current
46.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/25/2026
Analyst JP Morgan
Rating Action Maintains
Rating Overweight
Price Action Lowers
Price Target 51 -> 46

Statistics

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Valuation Measures

Annual
As of 9/1/2026
  • Market Cap

    1.83B

  • Enterprise Value

    1.25B

  • Trailing P/E

    --

  • Forward P/E

    --

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    --

  • Price/Book (mrq)

    2.98

  • Enterprise Value/Revenue

    --

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    0.00%

  • Return on Assets (ttm)

    --

  • Return on Equity (ttm)

    --

  • Revenue (ttm)

    --

  • Net Income Avi to Common (ttm)

    -288.78M

  • Diluted EPS (ttm)

    -3.09

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    597.6M

  • Total Debt/Equity (mrq)

    2.17%

  • Levered Free Cash Flow (ttm)

    --

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Company Insights

Fair Value

21.55 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

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