
CASI Pharmaceuticals (CASI) Stock Forecast & Price Target
CASI Pharmaceuticals (CASI) Analyst Ratings
Bulls say
CASI Pharmaceuticals Inc demonstrates a promising financial outlook, with projections for significant revenue growth from its product CID-103, expected to increase from $11 million in 2029 to $75 million by 2033. This optimism is bolstered by the company’s successful receipt of IND clearance for its antibody-mediated rejection (AMR) treatment, paving the way for a Phase 1 dose-finding study scheduled to commence in the third quarter of 2025. Additionally, the leadership’s experience in securing FDA approvals positions the company favorably as it navigates its new developmental direction.
Bears say
CASI Pharmaceuticals Inc. has shown dependency on a narrow product portfolio, with the majority of its revenue derived from the sales of the EVOMELA injection, which raises concerns about revenue diversification and sustainability. The reliance on a single product for revenue generation may limit the company's ability to manage operational risks and respond effectively to market competition or regulatory challenges. Additionally, ongoing challenges in securing further commercialization of other therapeutics in its pipeline could hinder future growth prospects, reinforcing a negative outlook on the stock.
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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