Calliditas Therapeutics AB

Calliditas Therapeutics AB Stock Forecast & Price Prediction

Live Calliditas Therapeutics AB Stock (CALT) Price
$40.00

0

Ratings

  • Buy 0
  • 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

$40.00

P/E Ratio

-2.30

Volume Traded Today

$0

Dividend

Dividends not available for CALT

52 Week High/low

43.00/15.25

Calliditas Therapeutics AB Market Cap

$1.10B

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CALT Summary

From what 0 stock analysts predict, the share price for Calliditas Therapeutics AB (CALT) might decrease by 90.45% in the next year. This is based on a 12-month average estimation for CALT. Price targets go from $3.79688 to $3.89423. The majority of stock analysts believe CALT is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

CALT Analyst Ratings

CALT is a stock in Healthcare which has been forecasted to be worth $3.82122 as an average. On the higher end, the forecast price is $3.89423 USD by from and on the lower end CALT is forecasted to be $3.79688 by from .

CALT stock forecast by analyst

These are the latest 20 analyst ratings of CALT.

Analyst/Firm

Rating

Price Target

Change

Date

Yigal Nochomovitz
Citigroup

Neutral

$39

Downgrade

May 31, 2024
Maury Raycroft
Jefferies

Hold

$39

Downgrade

May 28, 2024
Annabel Samimy
Stifel

Hold

$40

Downgrade

May 28, 2024
Arthur He
HC Wainwright & Co.

Neutral

$39

Downgrade

May 28, 2024
Arthur He
HC Wainwright & Co.

Buy

$45

Maintains

May 24, 2024
Arthur He
HC Wainwright & Co.

Buy

$50

Reiterates

Feb 22, 2024
Arthur He
HC Wainwright & Co.

Buy

$50

Reiterates

Nov 27, 2023
Edwin Zhang
HC Wainwright & Co.

Buy

$50

Reiterates

Oct 16, 2023
Edwin Zhang
HC Wainwright & Co.

Buy

$50

Reiterates

Aug 21, 2023
Vamil Divan
Guggenheim

Neutral

$18

Maintains

Aug 18, 2023
Edwin Zhang
HC Wainwright & Co.

Buy

$60

Initiates

Jun 20, 2023
Vamil Divan
Guggenheim

Neutral

$18

Initiates

Mar 1, 2023
Yigal Nochomovitz
Citigroup

Buy

$79

Maintains

Feb 24, 2023
Edwin Zhang
HC Wainwright & Co.

Buy

$62

Maintains

Dec 20, 2021

Stifel

Buy


Initiates

Jun 30, 2020

Jefferies

Buy


Initiates

Jun 30, 2020

CALT Company Information

What They Do: Develops treatments for orphan diseases.

Business Model: The company focuses on identifying and commercializing novel therapies for orphan indications, particularly in renal and hepatic diseases. It generates revenue primarily through the commercialization of its products, such as Nefecon, and is advancing its pipeline of drugs, including Setanaxib, through clinical trials.

Other Information: Calliditas Therapeutics AB is a commercial-stage biopharmaceutical company founded in 2004 and headquartered in Stockholm, Sweden. It is currently a subsidiary of Asahi Kasei Corporation and targets significant unmet medical needs across the United States, Europe, and Asia.
CALT
Calliditas Therapeutics AB (CALT)

When did it IPO

2020

Staff Count

222

Country

Sweden

Sector/Industry

Healthcare/Biotechnology

CEO

Market Cap

$1.10B

Calliditas Therapeutics AB (CALT) Financial Data

In 2023, CALT generated $1.21B in revenue, which was a increase of 50.32% from the previous year. This can be seen as a signal that CALT's business is growing, and its share price could be worth more 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

$874,000

Revenue From 2021

$229.3M

26,141.08 %
From Previous Year

Revenue From 2022

$802.9M

250.07 %
From Previous Year

Revenue From 2023

$1.21B

50.32 %
From Previous Year
  • Revenue TTM $156.1M
  • Operating Margin TTM -5.6%
  • Gross profit TTM $1.15B
  • Return on assets TTM -13.4%
  • Return on equity TTM -157.2%
  • Profit Margin -30.0%
  • Book Value Per Share 1.98%
  • Market capitalisation $1.10B
  • Revenue for 2021 $229.3M
  • Revenue for 2022 $802.9M
  • Revenue for 2023 $1.21B
  • EPS this year (TTM) $-1.76

Calliditas Therapeutics AB (CALT) Latest News

News Image

Mon, 16 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Calliditas Therapeutics AB will be delisted from Nasdaq Stockholm, effective September 16, 2024.

Why It Matters - Delisting from Nasdaq Stockholm signals potential financial distress for Calliditas Therapeutics, affecting stock liquidity and investor confidence, likely leading to a decline in share value.

News Image

Tue, 03 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Asahi Kasei Corporation has acquired over 90% of Calliditas Therapeutics' shares and plans to redeem the remaining shares, prompting Calliditas' Board to take corporate actions as requested.

Why It Matters - Asahi Kasei's acquisition of over 90% of Calliditas indicates a shift in control, likely leading to strategic changes, impacting Calliditas's future performance and investor returns.

News Image

Tue, 03 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Calliditas Therapeutics AB held a shareholder meeting on September 3, 2024. Further details on decisions or outcomes were not provided in the excerpt.

Why It Matters - The news highlights potential shareholder actions or corporate developments within Calliditas Therapeutics, which could influence stock performance and investor sentiment.

News Image

Tue, 13 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Calliditas Therapeutics AB will hold its Q2 2024 earnings conference call on August 13, 2024, at 8:30 AM ET, featuring key company executives. No Q&A will follow the presentation.

Why It Matters - Calliditas' Q2 2024 earnings call indicates potential financial performance insights, impacting stock valuation and investor sentiment without an interactive Q&A for further clarity.

News Image

Tue, 13 Aug 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Calliditas Therapeutics reported Q2 2024 net sales of SEK 559.8 million, up from SEK 269.4 million in Q2 2023. TARPEYO® sales rose to SEK 493.4 million from SEK 259.2 million.

Why It Matters - Significant revenue growth for Calliditas Therapeutics, particularly from TARPEYO® sales, indicates strong market demand and potential for future profitability, impacting investor sentiment positively.

News Image

Wed, 31 Jul 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - As of July 31, 2024, Calliditas Therapeutics AB has 59,941,465 outstanding ordinary shares following the exercise of warrants from its incentive programs.

Why It Matters - The increase in outstanding shares from warrant exercises can dilute existing shareholders’ equity, potentially impacting share value and market perception of Calliditas Therapeutics.

...

CALT Frequently asked questions

The highest forecasted price for CALT is $3.89423 from at .

The lowest forecasted price for CALT is $3.79688 from from

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