Candel Therapeutics, Inc.

Candel Therapeutics, Inc. Stock Forecast & Price Prediction

Live Candel Therapeutics, Inc. Stock (CADL) Price
$5.14

1

Ratings

  • Buy 1
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$5.14

P/E Ratio

-3.92

Volume Traded Today

$608,700

Dividend

Dividends not available for CADL

52 Week High/low

14.30/0.81

Candel Therapeutics, Inc. Market Cap

$160.8M

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CADL Summary

From what 1 stock analysts predict, the share price for Candel Therapeutics, Inc. (CADL) might increase by 114.01% in the next year. This is based on a 12-month average estimation for CADL. Price targets go from $11 to $11. The majority of stock analysts believe CADL is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

CADL Analyst Ratings

Candel Therapeutics, Inc. has a total of 1 Wall St Analyst ratings. There are 1 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Candel Therapeutics, Inc. will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

CADL stock forecast by analyst

These are the latest 20 analyst ratings of CADL.

Analyst/Firm

Rating

Price Target

Change

Date

Vernon Bernardino
HC Wainwright & Co.

Buy

$11

Reiterates

Nov 18, 2024
Vernon Bernardino
HC Wainwright & Co.

Buy

$11

Reiterates

Nov 13, 2023
Vernon Bernardino
HC Wainwright & Co.

Buy

$11

Reiterates

May 22, 2023
Evan David Seigerman
BMO Capital

Outperform

$3

Maintains

May 15, 2023
Judah Frommer
Credit Suisse

Outperform

$7

Maintains

Mar 31, 2023
Judah Frommer
Credit Suisse

Outperform

$8

Maintains

Dec 7, 2022
Vernon Bernardino
HC Wainwright & Co.

Buy

$11

Initiates

Dec 2, 2022

BMO Capital

Outperform


Maintains

Sep 2, 2022
Evan Seigerman
BMO Capital

Outperform

$12

Maintains

Mar 31, 2022

BMO Capital

Outperform


Initiates

Nov 19, 2021

Credit Suisse

Outperform


Initiates

Aug 23, 2021

UBS

Buy


Initiates

Aug 23, 2021

Jefferies

Buy


Initiates

Aug 23, 2021

CADL Company Information

What They Do: Develops immunotherapies for cancer treatment.

Business Model: Candel Therapeutics focuses on developing innovative immunotherapies for various types of cancer, leveraging its proprietary enLIGHTEN Discovery Platform. The company generates revenue through partnerships, grants, and potential future product sales once therapies receive regulatory approval.

Other Information: Candel is currently engaged in multiple clinical trials, including Phase II and III for treatments targeting pancreatic, prostate, and lung cancers, indicating a robust pipeline. Founded in 2003 and headquartered in Needham, Massachusetts, the company rebranded from Advantagene, Inc. in 2020.
CADL
Candel Therapeutics, Inc. (CADL)

When did it IPO

2021

Staff Count

42

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Dr. Paul-Peter Tak FOCIS, M.D., Ph.D.

Market Cap

$160.8M

Candel Therapeutics, Inc. (CADL) Financial Data

In 2023, CADL generated $0 in revenue, which was a decrease of -100.00% from the previous year. This can be seen as a signal that CADL's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$125,000

Revenue From 2021

$125,000

0.00 %
From Previous Year

Revenue From 2022

$125,000

0.00 %
From Previous Year

Revenue From 2023

$0

-100.00 %
From Previous Year
  • Revenue TTM $0
  • Operating Margin TTM 0.0%
  • Gross profit TTM $0
  • Return on assets TTM -52.3%
  • Return on equity TTM -480.7%
  • Profit Margin 0.0%
  • Book Value Per Share 0.44%
  • Market capitalisation $160.8M
  • Revenue for 2021 $125,000
  • Revenue for 2022 $125,000
  • Revenue for 2023 $0
  • EPS this year (TTM) $-1.73

Candel Therapeutics, Inc. (CADL) Latest News

News Image

Fri, 29 Nov 2024

Sentiment - POSITIVE

Source - Proactive Investors

Summary - Recent innovations in cancer treatment are shifting focus from traditional methods to immunotherapies, which utilize the body's immune system to combat cancer.

Why It Matters - The rise of immunotherapies signals potential growth in biotech investments, as companies developing these treatments may see increased demand and market share in the evolving cancer treatment landscape.

News Image

Fri, 22 Nov 2024

Sentiment - POSITIVE

Source - Proactive Investors

Summary - Candel Therapeutics CEO Paul Peter Tak emphasizes the importance of patient feedback in biopharmaceutical innovation, highlighting a focus on patient-centric approaches in the industry.

Why It Matters - Candel Therapeutics' focus on patient feedback may enhance drug development success, potentially leading to better market performance and investor returns.

News Image

Thu, 14 Nov 2024

Sentiment - POSITIVE

Source - Proactive Investors

Summary - Candel Therapeutics (NASDAQ:CADL) aims for a "paradigm shift" in prostate cancer treatment, with phase 2b and phase 3 trial data for CAN-2409 expected in Q4 2024, potentially leading to new regulatory approvals.

Why It Matters - Candel Therapeutics' upcoming trial data for CAN-2409 could significantly impact prostate cancer treatment, potentially driving stock value and regulatory approval, influencing investor sentiment.

News Image

Sat, 09 Nov 2024

Sentiment - POSITIVE

Source - Proactive Investors

Summary - Candel Therapeutics (NASDAQ:CADL) presented findings on its oncolytic virus therapy, CAN-3110, at the SITC conference, highlighting advancements in cancer treatment.

Why It Matters - Candel Therapeutics' presentation on CAN-3110 highlights potential breakthroughs in cancer treatment, which could influence stock performance and investor sentiment in biotech.

News Image

Tue, 05 Nov 2024

Sentiment - POSITIVE

Source - Proactive Investors

Summary - Candel Therapeutics (NASDAQ:CADL) reported promising preclinical data for CAN-3110, showing antitumor activity in melanoma, potentially expanding its focus beyond glioma. Findings to be presented at SITC.

Why It Matters - Candel Therapeutics' promising preclinical data for CAN-3110 in melanoma could broaden its market potential, impacting future revenues and stock performance.

News Image

Tue, 05 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Candel Therapeutics (Nasdaq: CADL) announced preclinical results for CAN-3110 targeting melanoma. Findings will be presented at the SITC Annual Meeting from Nov 6-10, 2024.

Why It Matters - Candel Therapeutics' promising preclinical results for CAN-3110 in melanoma may attract investor interest, influencing stock performance and potential partnerships in cancer treatment advancements.

...

CADL Frequently asked questions

The highest forecasted price for CADL is $11 from Vernon Bernardino at HC Wainwright & Co..

The lowest forecasted price for CADL is $11 from Vernon Bernardino from HC Wainwright & Co.

The CADL analyst ratings consensus are 1 buy ratings, 0 hold ratings, and 0 sell ratings.