MaxCyte (NASDAQ:MXCT) Issues Quarterly Earnings Results

MaxCyte (NASDAQ:MXCT) posted its earnings results on Tuesday. The company reported ($0.05) EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.03, Zacks reports. MaxCyte had a negative return on equity of 18.92% and a negative net margin of 114.77%. The company had revenue of $8.16 million for the quarter, compared to the consensus estimate of $7.39 million.

Here are the key takeaways from MaxCyte’s conference call:

• Positive Sentiment: MaxCyte agreed to acquire Akron Bio for $151.8 million in cash, stock, and deferred payments. Akron is expected to contribute $28 million in 2026 revenue and $7 million–$8 million in EBITDA; management projects combined 2027 cash burn below $10 million, while the deal will be funded largely with cash and new borrowings.
• Positive Sentiment: Third-quarter revenue rose 49% year over year to $10.2 million, including 27% growth in core revenue. MaxCyte raised its 2026 standalone revenue outlook to at least $34.5 million, citing stronger core performance and SPL milestones and royalties; some instrument purchases arrived earlier than expected.
• Positive Sentiment: Akron would broaden MaxCyte’s exposure across cell therapy manufacturing and more than double its addressable program base, with limited current customer overlap offering cross-selling potential. Management expects the combined company to have more than $60 million in 2026 revenue and identified $3 million–$4 million in potential cost efficiencies.
• Positive Sentiment: MaxCyte reported $2 million in SPL revenue, including $1 million of Casgevy royalties, and said royalty revenue is beginning to become a more meaningful contributor. Vertex reported Casgevy sales of about $99 million in Q3, up roughly 30% sequentially, while MaxCyte said it supports multiple pivotal trials and could have up to three approved products within 24 months.

MaxCyte Trading Up 5.9%

Shares of MaxCyte stock traded up $0.07 during trading hours on Wednesday, hitting $1.20. 1,191,946 shares of the company were exchanged, compared to its average volume of 1,070,051. The stock has a market capitalization of $123.54 million, a price-to-earnings ratio of -3.53 and a beta of 1.49. MaxCyte has a 1 year low of $0.64 and a 1 year high of $1.80. The business has a 50-day moving average of $1.26 and a 200-day moving average of $1.07.

Analyst Ratings Changes

MXCT has been the subject of a number of research reports. BTIG Research restated a “neutral” rating on shares of MaxCyte in a report on Monday, August 24th. Weiss Ratings cut MaxCyte from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, November 4th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $5.00.

MaxCyte Company Profile

MaxCyte, Inc. (NASDAQ: MXCT) is a life sciences company that develops technologies for engineering cells used in biopharmaceutical research and the development of cell-based therapies. Its platform is designed to help researchers modify cells efficiently for applications including cell therapy, gene editing, immuno-oncology and other advanced biological treatments. The company’s primary offering is the ExPERT platform, which combines Flow Electroporation technology with specialized instruments, single-use processing assemblies, software and related support services.