
Cidara Therapeutics (CDTX) Stock Forecast & Price Target
Cidara Therapeutics (CDTX) Analyst Ratings
Bulls say
Cidara Therapeutics Inc. is poised for growth due to its promising clinical-stage asset, CD388, which has an increased probability of success in its Phase 3 trial, now estimated at 75%, bolstered by strategic funding from BARDA. The company has expanded its projected peak sales for CD388 to $2.8 billion, demonstrating a strengthening market opportunity supported by minimal commercial payer restrictions. Additionally, the partnership with BARDA enhances Cidara's manufacturing capabilities and ensures a domestic supply line, further solidifying its competitive position in the immunotherapeutics market.
Bears say
Cidara Therapeutics has consistently reported losses and lacks a proven record of profitability, raising concerns about its financial sustainability. The company's potential inability to secure favorable partnerships could jeopardize the success of its commercial launches. Additionally, uncertainties surrounding the efficacy and safety of its clinical candidates, along with risks related to litigation and market exclusivity, further contribute to a negative outlook for the company's stock.
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
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