
CVKD Stock Forecast & Price Target
CVKD Analyst Ratings
Bulls say
Cadrenal Therapeutics has entered into a significant collaboration with Abbott to support the Phase 3 TECH-LVAD trial, indicating strong institutional backing for the assessment of tecarfarin's efficacy and safety in patients with left ventricular assist devices. Concurrently, Cadrenal successfully transitioned its drug substance manufacturing from an Asia-based contract development and manufacturing organization (CDMO) to a U.S.-based facility, which is expected to enhance its clinical and regulatory development strategy while bolstering supply chain security. These developments highlight Cadrenal’s commitment to addressing unmet needs in anticoagulation therapy, fostering a positive outlook for its stock as it progresses through critical phases of drug development.
Bears say
Cadrenal Therapeutics Inc faces significant financial challenges, including a reported EPS of ($2.09) for 1Q25, which, although slightly better than estimates, underscores ongoing losses. The company is experiencing a precarious liquidity situation, ending the quarter with only $7.3 million, raising concerns about its ability to fund ongoing operations and advance its drug candidate, tecarfarin. Additionally, potential risks such as failed clinical trials and the necessity of dilutive capital raises further contribute to a negative outlook for the company's stock performance.
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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