C4 Therapeutics Inc

C4 Therapeutics Inc Stock Forecast & Price Prediction

Live C4 Therapeutics Inc Stock (CCCC) Price
$6.41

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

$6.41

P/E Ratio

-2.39

Volume Traded Today

$817,233

Dividend

Dividends not available for CCCC

52 Week High/low

11.88/1.06

C4 Therapeutics Inc Market Cap

$441.7M

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CCCC Summary

From what 0 stock analysts predict, the share price for C4 Therapeutics Inc (CCCC) might increase by 149.61% in the next year. This is based on a 12-month average estimation for CCCC. Price targets go from $8 to $39. The majority of stock analysts believe CCCC is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

CCCC Analyst Ratings

About 0 Wall Street analysts have assignedCCCC 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect C4 Therapeutics Inc to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CCCC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

CCCC stock forecast by analyst

These are the latest 20 analyst ratings of CCCC.

Analyst/Firm

Rating

Price Target

Change

Date

Etzer Darout
BMO Capital

Outperform

$20

Reiterates

Aug 6, 2024
Derek Archila
Wells Fargo

Equal-Weight

$8

Maintains

May 9, 2024
Bradley Canino
Stifel

Buy

$14

Maintains

May 9, 2024
Terence Flynn
Morgan Stanley

Equal-Weight

$8

Maintains

Feb 26, 2024
Bradley Canino
Stifel

Buy

$13

Reiterates

Feb 23, 2024
Eric Joseph
JP Morgan

Neutral

$6

Upgrade

Jan 29, 2024
Bradley Canino
Stifel

Buy

$12

Upgrade

Dec 13, 2023
Terence Flynn
Morgan Stanley

Equal-Weight

$1

Upgrade

Nov 6, 2023
Etzer Darout
BMO Capital

Outperform

$16

Maintains

Nov 3, 2023
Andrew Fein
HC Wainwright & Co.

Buy

$7

Maintains

Nov 2, 2023
Chi Fong
B of A Securities

Neutral

$2

Maintains

Oct 9, 2023
Andrew Fein
HC Wainwright & Co.

Buy

$17

Maintains

Aug 9, 2023
Gavin Clark-Gartner
Evercore ISI Group

Outperform

$10

Maintains

May 30, 2023
Terence Flynn
Morgan Stanley

Underweight

$3

Maintains

May 12, 2023
Andrew Fein
HC Wainwright & Co.

Buy

$25

Maintains

May 8, 2023
Chi Fong
B of A Securities

Neutral

$5

Maintains

Mar 28, 2023
Terence Flynn
Morgan Stanley

Underweight

$5

Maintains

Feb 27, 2023
Andrew Fein
HC Wainwright & Co.

Buy

$35

Reiterates

Feb 24, 2023
Eric Joseph
JP Morgan

Underweight

$5

Downgrade

Feb 24, 2023
Derek Archila
Wells Fargo

Equal-Weight

$9

Maintains

Jan 3, 2023

CCCC Company Information

  • Company Type: Clinical-stage biopharmaceutical company
  • Focus: Development of novel therapeutic candidates to degrade disease-causing proteins
  • Treatment Areas: Cancer, neurodegenerative conditions, and other diseases
  • Lead Product Candidate: CFT7455
  • Product Details:
    • Orally bioavailable MonoDAC degrader
    • Targets IKZF1 and IKZF3 for multiple myeloma and non-Hodgkin lymphomas
    • Currently in Phase 1/2 clinical trials
  • Other Developments:
    • CFT1946 - Orally bioavailable BiDAC degrader targeting V600X mutant BRAF for various cancers
    • CFT8919 - Orally bioavailable, allosteric, and mutant-selective BiDAC degrader for EGFR with L858R mutation in NSCLC
  • Strategic Collaborations:
    • F. Hoffmann-La Roche Ltd and Hoffmann-La Roche Inc.
    • Biogen MA, Inc.
    • Betta Pharmaceuticals, Co., Ltd.
    • Merck Sharp & Dohme, LLC
    • Calico Life Sciences LLC
  • Incorporation: Founded in 2015
  • Headquarters: Watertown, Massachusetts
CCCC
C4 Therapeutics Inc (CCCC)

When did it IPO

2020

Staff Count

145

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Mr. Andrew J. Hirsch M.B.A.

Market Cap

$441.7M

C4 Therapeutics Inc (CCCC) Financial Data

In 2023, CCCC generated $20.8M in revenue, which was a decrease of -33.25% from the previous year. This can be seen as a signal that CCCC'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

$33.2M

Revenue From 2021

$45.8M

37.93 %
From Previous Year

Revenue From 2022

$31.1M

-32.08 %
From Previous Year

Revenue From 2023

$20.8M

-33.25 %
From Previous Year
  • Revenue TTM $29.4M
  • Operating Margin TTM -178.6%
  • Gross profit TTM $0
  • Return on assets TTM -19.3%
  • Return on equity TTM -44.9%
  • Profit Margin 0.0%
  • Book Value Per Share 3.59%
  • Market capitalisation $441.7M
  • Revenue for 2021 $45.8M
  • Revenue for 2022 $31.1M
  • Revenue for 2023 $20.8M
  • EPS this year (TTM) $-1.90

C4 Therapeutics Inc (CCCC) Latest News

News Image

Tue, 03 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - WATERTOWN, Mass., Sept. 03, 2024 (GLOBE NEWSWIRE) -- C4 Therapeutics, Inc. (C4T) (Nasdaq: CCCC), a clinical-stage biopharmaceutical company dedicated to advancing targeted protein degradation science, today announced the continued evolution of its Board of Directors with the appointment of Stephen (Steve) Fawell, Ph.D. as a director. With this appointment, Malcolm Salter has decided to retire from the Board of Directors after nearly a decade of service.

News Image

Thu, 29 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - WATERTOWN, Mass., Aug. 29, 2024 (GLOBE NEWSWIRE) -- C4 Therapeutics, Inc. (C4T) (Nasdaq: CCCC), a clinical-stage biopharmaceutical company dedicated to advancing targeted protein degradation science, today announced that C4T management will participate in fireside chats at two September investor conferences.

News Image

Thu, 01 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Preliminary Monotherapy Data from the Ongoing CFT1946 Phase 1 Trial in BRAF V600X Solid Tumors to be Presented at ESMO Congress 2024; Initiated Monotherapy Expansion Cohort in Melanoma and Combination Cohort with Cetuximab in Colorectal Cancer

News Image

Thu, 01 Aug 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - C4 Therapeutics, Inc. (CCCC) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.37. This compares to loss of $0.73 per share a year ago.

News Image

Tue, 16 Jul 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - WATERTOWN, Mass., July 16, 2024 (GLOBE NEWSWIRE) -- C4 Therapeutics, Inc. (C4T) (Nasdaq: CCCC), a clinical-stage biopharmaceutical company dedicated to advancing targeted protein degradation science, today announced that preliminary data from the monotherapy dose escalation portion of the ongoing Phase 1/2 clinical trial of CFT1946, a novel BiDACโ„ข degrader in mutant BRAF V600 solid tumors, will be presented as a mini oral presentation at the European Society for Medical Oncology (ESMO) Congress 2024 taking place September 13 โ€“ 17, 2024 in Barcelona, Spain.

News Image

Wed, 17 Jul 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - C4 Therapeutics (CCCC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

...

CCCC Frequently asked questions

The highest forecasted price for CCCC is $39 from at .

The lowest forecasted price for CCCC is $8 from Terence Flynn from Morgan Stanley

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