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Carisma Therapeutics Announces Executive Terminations and Wind-Down

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Carisma Therapeutics Announces Executive Terminations and Wind-Down

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An announcement from Carisma Therapeutics ( (CARM) ) is now available.

Carisma Therapeutics Inc. announced plans to wind down its operations, including the termination of key executives. On October 15, 2025, the company notified CEO Steven Kelly and Chief Scientific Officer Michael Klichinsky of their employment termination without cause, effective November 15, 2025, and October 15, 2025, respectively. The company has entered into separation agreements with both executives, detailing their severance packages. Additionally, several board members, including Kelly, have resigned, effective October 15, 2025, as part of the company’s orderly wind-down process.

The most recent analyst rating on (CARM) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Carisma Therapeutics stock, see the CARM Stock Forecast page.

Spark’s Take on CARM Stock

According to Spark, TipRanks’ AI Analyst, CARM is a Neutral.

Carisma Therapeutics’ overall stock score is primarily impacted by its poor financial performance and weak valuation. The company’s financial instability, negative equity, and liquidity issues are significant concerns. Technical analysis suggests a bearish trend, with some potential for stabilization. The lack of earnings call data and corporate events means these factors do not influence the score.

To see Spark’s full report on CARM stock, click here.

More about Carisma Therapeutics

Average Trading Volume: 8,994,443

Technical Sentiment Signal: Strong Sell

Current Market Cap: $1.91M

Find detailed analytics on CARM stock on TipRanks’ Stock Analysis page.

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