
Cidara Therapeutics (CDTX) Stock Forecast & Price Target
Cidara Therapeutics (CDTX) Analyst Ratings
Bulls say
Cidara Therapeutics is well-positioned for growth, as it has secured $240 million in funding for the continued clinical development of its influenza prophylaxis asset, CD388, allowing for rapid advancement of the drug. The recent strong influenza season, highlighted by 12 consecutive weeks of above-trend outpatient cases across all HHS regions, suggests a significant market opportunity for CD388 as a potentially superior treatment option that does not rely on the immune system. Additionally, the favorable performance metrics from associated candidates, such as increased half-life for VIR-2482 and a noteworthy reduction in symptoms for treated populations, further bolster the company's outlook by demonstrating the effectiveness of its innovative therapies.
Bears say
Cidara Therapeutics reported a substantial net loss of $52.4 million in Q4 2024, indicating a continued struggle to achieve profitability as the company has a history of losses without a proven track record in financial stability. The clinical asset, CD388, while potent against influenza, suffers from poor oral bioavailability and rapid renal clearance, raising concerns about its effectiveness in real-world applications. Additionally, the potential inability to secure favorable partnerships and the risks of clinical failures could jeopardize the company's prospects for successful commercial launches and further exacerbate its financial challenges.
This aggregate rating is based on analysts' research of Cidara Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Cidara Therapeutics (CDTX) Analyst Forecast & Price Prediction
Start investing in Cidara Therapeutics (CDTX)
Order type
Buy in
Order amount
Est. shares
0 shares