
CASI Pharmaceuticals (CASI) Stock Forecast & Price Target
CASI Pharmaceuticals (CASI) Analyst Ratings
Bulls say
CASI Pharmaceuticals Inc. is projected to experience significant revenue growth from its product CID-103, with expected risk-adjusted revenues increasing from $11 million in 2029 to $75 million by 2033. The company's strategic direction, led by a new executive with experience in FDA drug approvals, enhances its capability to successfully navigate regulatory requirements and advance its pipeline. Additionally, the recent IND clearance for the antibody-mediated rejection (AMR) study positions CASI Pharmaceuticals to initiate a Phase 1 dose-finding study in the third quarter of 2025, further strengthening its clinical development prospects.
Bears say
CASI Pharmaceuticals Inc faces a negative outlook primarily due to its heavy reliance on a single product, EVOMELA, which constitutes the majority of its revenue. The company has encountered challenges in diversifying its product line and achieving significant sales growth from its other therapeutics, limiting its financial resilience. Additionally, the competitive landscape within the biopharmaceutical sector poses risks to market share and pricing power, further straining the company's financial stability and future prospects.
This aggregate rating is based on analysts' research of CASI Pharmaceuticals and is not a guaranteed prediction by Public.com or investment advice.
CASI Pharmaceuticals (CASI) Analyst Forecast & Price Prediction
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