
Candel Therapeutics (CADL) Stock Forecast & Price Target
Candel Therapeutics (CADL) Analyst Ratings
Bulls say
Candel Therapeutics Inc has shown notable advancements in its clinical trials, with the median overall survival for CAN-2409 increasing to 28.8 months and an increased probability of regulatory approval for the treatment in prostate cancer rising to 45% from 30%. The encouraging overall survival data for CAN-2409 in pancreatic cancer, now at a 40% approval probability, supports the viability of its viral immunotherapy approach and is expected to yield positive outcomes in the upcoming pivotal trial which will involve a larger patient cohort. Additionally, preliminary results from a Phase 1b clinical trial demonstrate a significant increase in CD8+ tumor infiltration lymphocytes following treatment, suggesting robust immune activity that may enhance the prospects for successful outcomes in the ongoing Phase 2a clinical trial for non-small cell lung cancer.
Bears say
Candel Therapeutics has faced significant uncertainties regarding the efficacy of its clinical trials for CAN-2409 and CAN-3110, which may fall short when compared to competing therapies. The company reported a substantial net loss of $14.1 million in Q4 2024, raising concerns about the viability of its current funding strategy, especially if market conditions necessitate raising capital at a dilutive share price. Furthermore, various risks such as potential clinical trial failures, regulatory hurdles, and the need for additional studies could impede the company's commercialization efforts and maintain a negative outlook on its stock performance.
This aggregate rating is based on analysts' research of Candel Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Candel Therapeutics (CADL) Analyst Forecast & Price Prediction
Start investing in Candel Therapeutics (CADL)
Order type
Buy in
Order amount
Est. shares
0 shares