Kardigan, Inc.

KARD · NasdaqGM · Stock · Healthcare
$13.52
+4.24% today
Delayed price,

What Kardigan does

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.

Key facts

Sector
Healthcare
Industry
Biotechnology
Market cap
$1.26B
P/E (ttm)
—
Forward P/E
-4.6
Dividend yield
0.00%
Beta
—
Profit margin
0.0%
Employees
241
Headquarters
Princeton, NJ, United States
Exchange
NasdaqGM

Performance

1 Month
-18.8%
3 Months
-36.0%
6 Months
—
1 Year
-38.5%
5 Years
-35.1%
$12.2352-week range$27.00
Biggest setback — last 12 months
-45.1%
6 Jul 2026 → 12 Oct 2026
Fell from $24.64 to $13.52 — its sharpest sustained decline this year.
Biggest run-up — last 12 months
+12.0%
15 Jun 2026 → 6 Jul 2026
Ran from $22.00 to $24.64 — its strongest sustained advance this year.

Price outlook — trend & volatility model

● Trend: Mixed
Price is not consistently aligned with its short- and long-term averages.
HorizonBear case (−1σ)Base caseBull case (+1σ)
1 Month$10.99 (-18.7%)$13.52$16.63 (+23.0%)
3 Months$9.44 (-30.1%)$13.52$19.35 (+43.1%)
6 Months$8.14 (-39.8%)$13.52$22.45 (+66.1%)
12 Months$6.60 (-51.2%)$13.52$27.70 (+104.9%)
Statistical, not machine-learning: a random-walk (no assumed drift) volatility model built from this ticker's own realized price history, plus a purely descriptive moving-average trend read. Illustrative only — not a price target and not financial advice. The bear and bull cases sit one standard deviation (1σ) below and above today's price, a range that covers about 68% of the outcomes the model treats as plausible, not a 68% chance of either case. Annualized volatility used: 71.7%, blended from this ticker's own 3-month and 1-year realized price history. Base case is deliberately flat — this quantifies a possible range, not a directional prediction. See the full model, including wider (≈95%) bands →

Comparable companies

Recent insider activity

Acquired 48,368 shares — Reinke Kristin Marie K, Director · 2026-10-01
Acquired 20,706 shares — PERCEPTIVE ADVISORS LLC, Director · 2026-07-13
Acquired 3,125,000 shares at $16.00 — HRTG GPE, LLC, 10% Owner · 2026-06-24
Acquired 1,250,000 shares at $16.00 — BERNS PAUL L, Director · 2026-06-24
Acquired 1,250,000 shares at $16.00 — ARCH Venture Partners XIII, LLC, Director · 2026-06-24
Source: SEC Form 4 filings. An "acquired" entry with no price is typically a stock award or option exercise rather than an open-market purchase. Search all insider trades →

Learn the basics

Prices and company data are delayed reference figures from public sources (Yahoo Finance, SEC EDGAR) and may be inaccurate or out of date. This page is informational only — it is not investment advice or a recommendation to buy or sell any security. Past performance does not indicate future results.