
CVKD Stock Forecast & Price Target
CVKD Analyst Ratings
Bulls say
Cadrenal Therapeutics Inc. has entered a significant collaboration with Abbott to support the ongoing Phase 3 TECH-LVAD trial, which will assess the efficacy and safety of tecarfarin in patients requiring chronic anticoagulation. The recent transition of tecarfarin's drug substance manufacturing to a U.S.-based facility is expected to enhance Cadrenal's clinical and regulatory development strategy while also improving supply chain security. These developments point to a strong commitment to meeting unmet needs in anticoagulation therapy, positioning Cadrenal favorably within the market for novel anticoagulants.
Bears say
Cadrenal Therapeutics Inc.'s financial outlook is negatively impacted by several key factors, including the risk of failed or inconclusive clinical trials that could hinder the advancement of its drug candidate, tecarfarin. The company reported a first-quarter 2025 earnings per share (EPS) of ($2.09), which, while slightly better than estimated, underscores persistent financial challenges as it ended the quarter with only $7.3 million in cash reserves. This limited funding raises significant concerns about the company's ability to secure additional financing necessary for continued operations and drug development.
This aggregate rating is based on analysts' research of Cadrenal Therapeutics Inc and is not a guaranteed prediction by Public.com or investment advice.
CVKD Analyst Forecast & Price Prediction
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