
Candel Therapeutics (CADL) Stock Forecast & Price Target
Candel Therapeutics (CADL) Analyst Ratings
Bulls say
Candel Therapeutics has demonstrated a substantial increase in median overall survival for its treatment CAN-2409, rising to 28.8 months, which bolsters confidence in the therapeutic's efficacy against cancer. The company's probability of approval for CAN-2409 has been enhanced to 45% for prostate cancer and 40% for pancreatic cancer, underscoring the encouraging clinical data and its alignment with FDA approval criteria. Additionally, promising preliminary results from a Phase 1b clinical trial, indicating a significant increase in CD8+ tumor infiltration lymphocytes post-treatment, suggest a strong foundation for future Phase 2a trials in non-small cell lung cancer, further enhancing the positive outlook for Candel Therapeutics.
Bears say
Candel Therapeutics Inc is facing challenges that contribute to a negative outlook on its stock, including concerns regarding the efficacy of its clinical trials for CAN-2409 and CAN-3110, which may underperform compared to existing treatment modalities. The company reported a substantial net loss of $14.1 million in the fourth quarter of 2024, indicating ongoing financial strain and potentially indicating the need for future capital raises under unfavorable market conditions, which could lead to increased dilution for current investors. Additionally, risks associated with further clinical trials, regulatory hurdles, and the commercialization strategy raise significant uncertainties about the company's ability to establish a competitive position in the market, affecting investor confidence.
This aggregate rating is based on analysts' research of Candel Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Candel Therapeutics (CADL) Analyst Forecast & Price Prediction
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