
Cidara Therapeutics (CDTX) Stock Forecast & Price Target
Cidara Therapeutics (CDTX) Analyst Ratings
Bulls say
Cidara Therapeutics Inc. is advancing its clinical-stage asset CD388, positioned as a next-generation influenza prophylactic that addresses significant unmet needs, particularly for high-risk populations. Recent clinical developments, including robust Phase 2 results, alignment with the FDA for a streamlined Phase 3 trial, and the designation of Breakthrough Therapy by the FDA, have enhanced the attractiveness and strategic value of CD388. The potential acquisition interest from Merck, coupled with estimates indicating a significant peak revenue opportunity for CD388, underscores the strong market positioning of Cidara's innovative therapeutic approaches within the infectious disease sector.
Bears say
The analysis indicates significant concerns regarding Cidara Therapeutics Inc, primarily due to potential regulatory obstacles and the risk of clinical failure regarding its lead asset, CD388. Key issues include the possibility of unsuccessful trial enrollments and failure to demonstrate meaningful efficacy, which could hamper the company's financial prospects and lead to stagnation in advancing its drug pipeline. Competitive pressures and uncertainties surrounding an ongoing acquisition further contribute to a negative outlook, suggesting that Cidara may face challenges in achieving critical valuation milestones.
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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