
Cidara Therapeutics (CDTX) Stock Forecast & Price Target
Cidara Therapeutics (CDTX) Analyst Ratings
Bulls say
Cidara Therapeutics Inc. has a strong positive outlook due to its strategic positioning in the immunotherapeutics market, particularly with its CD388 asset, which has regained focus for clinical development supported by significant funding of $240 million raised in April 2024. The recent uptick in influenza cases, as reported by the CDC, enhances the potential for the uptake of CD388, which does not rely on the immune system and is poised to provide a superior option when compared to existing vaccines. Additionally, the company's proprietary Cloudbreak platform offers innovative DFC approaches targeting oncologic, viral, and autoimmune diseases, highlighting Cidara's commitment to transforming treatment and prevention paradigms in critical healthcare areas.
Bears say
Cidara Therapeutics Inc reported a significant net loss of $52.4 million for the fourth quarter of 2024, reflecting an ongoing trend of losses and a lack of profitability in its operational history. The company's lead asset, CD388, while demonstrating potent activity against influenza, suffers from limitations such as poor oral bioavailability and the potential inability to secure favorable partnership terms for commercialization. Additionally, the uncertainty surrounding the efficacy of its treatment candidates and the inherent risks of poor vaccine matching in influenza make the prospects for successful product development and commercialization appear tenuous.
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