
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 risk-adjusted revenues estimated at $11 million in 2029 and increasing to $75 million by 2033. The company has received IND clearance for antibody-mediated rejection (AMR) and plans to initiate a Phase 1 dose-finding study in the third quarter of 2025, indicating progress in its pipeline. Leadership changes, including the appointment of an experienced individual in navigating FDA approvals, suggest a strategic focus on enhancing the company's capabilities to bring new therapeutics to market.
Bears say
CASI Pharmaceuticals Inc faces a negative outlook primarily due to its heavy reliance on the EVOMELA injection for revenue generation, which exposes the company to significant financial risk in the event of market competition or declining demand. Furthermore, the reliance on a limited product portfolio, including CID-103 and CNCT19, which have yet to show robust market performance, raises concerns about growth sustainability. Lastly, the overall financial health of CASI Pharmaceuticals remains uncertain, as the company may struggle to diversify its revenue streams and achieve profitability amidst pressures in the biopharmaceutical sector.
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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