Checkpoint Therapeutics Inc

Checkpoint Therapeutics Inc Stock Forecast & Price Prediction

Live Checkpoint Therapeutics Inc Stock (CKPT) Price
$2.2

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

$2.2

P/E Ratio

-0.70

Volume Traded Today

$111,442

Dividend

Dividends not available for CKPT

52 Week High/low

3.62/1.30

Checkpoint Therapeutics Inc Market Cap

$101.3M

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CKPT Summary

Based on ratings from 1 stock analysts, the Checkpoint Therapeutics Inc stock price is expected to increase by 885% in 12 months. This is calculated by using the average 12-month stock price forecast for Checkpoint Therapeutics Inc. The lowest target is $4 and the highest is $34. Please note analyst price targets are not guaranteed and could be missed completely.

CKPT Analyst Ratings

About 1 Wall Street analysts have assignedCKPT 1 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Checkpoint Therapeutics Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CKPT. 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.

CKPT stock forecast by analyst

These are the latest 20 analyst ratings of CKPT.

Analyst/Firm

Rating

Price Target

Change

Date

Joseph Pantginis
HC Wainwright & Co.

Buy

$20

Maintains

Aug 12, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$34

Reiterates

Jul 16, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$34

Reiterates

Jun 24, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$34

Reiterates

May 16, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$34

Reiterates

Mar 22, 2024
Mayank Mamtani
B. Riley Securities

Buy

$4

Maintains

Dec 20, 2023
Joseph Pantginis
HC Wainwright & Co.

Buy

$34

Reiterates

Dec 19, 2023
Thomas Flaten
Lake Street

Buy

$14

Maintains

Aug 16, 2023
Jeffrey Cohen
Ladenburg Thalmann

Buy

$47

Maintains

Aug 15, 2023
Jennifer Kim
Cantor Fitzgerald

Overweight

$14

Maintains

Aug 15, 2023
Joseph Pantginis
HC Wainwright & Co.

Buy

$34

Reiterates

Aug 4, 2023

Cantor Fitzgerald

Overweight


Maintains

Jun 20, 2023

Lake Street

Buy


Maintains

May 30, 2023
Jeffrey Cohen
Ladenburg Thalmann

Buy

$65

Maintains

May 17, 2023
Jennifer Kim
Cantor Fitzgerald

Overweight

$19

Maintains

May 16, 2023
Joseph Pantginis
HC Wainwright & Co.

Buy

$34

Maintains

Apr 28, 2023
Thomas Flaten
Lake Street

Buy

$22

Maintains

Apr 4, 2023

Ladenburg Thalmann

Buy

$69

Maintains

Apr 3, 2023
Joseph Pantginis
HC Wainwright & Co.

Buy

$76

Reiterates

Mar 2, 2023

Cantor Fitzgerald

Overweight


Maintains

Jan 4, 2023

CKPT Company Information

  • Company Overview: Checkpoint Therapeutics, Inc. is a clinical-stage immunotherapy and targeted oncology company.
  • Focus: The company specializes in the acquisition, development, and commercialization of novel treatments for solid tumor cancers.
  • Lead Product Candidate: Cosibelimab, currently in Phase 1 clinical trials for recurrent or metastatic cancers.
  • Other Product Candidates:
    • CK-302: In preclinical trials for hematological malignancies and solid tumors.
    • Olafertinib: In Phase 3 clinical trials for metastatic non-small cell lung cancer.
    • CK-103: Targeting various advanced and metastatic solid tumor cancers.
    • Anti-Carbonic Anhydrase IX (CAIX) antibody: In preclinical trials to target CAIX expressing cells.
  • Collaborations: The company has partnerships with:
    • Adimab, LLC for Cosibelimab development.
    • NeuPharma, Inc. for Olafertinib commercialization.
    • Jubilant Biosys Limited for developing novel BET bromodomain inhibitors.
    • GC Cell for additional collaborations.
  • Incorporation: Founded in 2014 and based in Waltham, Massachusetts.
  • Parent Company: Checkpoint Therapeutics, Inc. is a subsidiary of Fortress Biotech, Inc.
CKPT
Checkpoint Therapeutics Inc (CKPT)

When did it IPO

N/A

Staff Count

23

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Mr. James F. Oliviero III, C.F.A.

Market Cap

$101.3M

Checkpoint Therapeutics Inc (CKPT) Financial Data

In 2023, CKPT generated $103,000 in revenue, which was a decrease of -46.35% from the previous year. This can be seen as a signal that CKPT'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

$1.1M

Revenue From 2021

$268,000

-74.93 %
From Previous Year

Revenue From 2022

$192,000

-28.36 %
From Previous Year

Revenue From 2023

$103,000

-46.35 %
From Previous Year
  • Revenue TTM $78,000
  • Operating Margin TTM -16,275.6%
  • Gross profit TTM $0
  • Return on assets TTM -316.7%
  • Return on equity TTM 397.4%
  • Profit Margin 0.0%
  • Book Value Per Share -0.37%
  • Market capitalisation $101.3M
  • Revenue for 2021 $268,000
  • Revenue for 2022 $192,000
  • Revenue for 2023 $103,000
  • EPS this year (TTM) $-1.71

Checkpoint Therapeutics Inc (CKPT) Latest News

News Image

Tue, 27 Aug 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Checkpoint Therapeutics' Cosibelimab, an anti-PD-L1 antibody, shows promise for treating cSCC, with potential FDA approval by December 2024, making CKPT a speculative "buy." Cosibelimab's dual mechanism of action, engaging both T cells and NK cells, offers a competitive edge over other PD-L1 inhibitors, enhancing its efficacy. Despite CKPT's low cash reserves and regulatory risks, the potential market for Cosibelimab in cSCC treatment is estimated at over $1 billion in the US.

News Image

Fri, 16 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Checkpoint Therapeutics (CKPT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

News Image

Mon, 12 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - WALTHAM, Mass., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Checkpoint Therapeutics, Inc. (โ€œCheckpointโ€) (Nasdaq: CKPT), a clinical-stage immunotherapy and targeted oncology company, today announced financial results for the second quarter ended June 30, 2024, and recent corporate updates.

News Image

Thu, 25 Jul 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - WALTHAM, Mass., July 25, 2024 (GLOBE NEWSWIRE) -- Checkpoint Therapeutics, Inc. (โ€œCheckpointโ€) (Nasdaq: CKPT), a clinical-stage immunotherapy and targeted oncology company, today announced that the U.S. Food and Drug Administration (โ€œFDAโ€) has accepted for review Checkpoint's resubmission of its Biologics License Application (โ€œBLAโ€) for cosibelimab, its anti-programmed death ligand-1 (โ€œPD-L1โ€) antibody, as a potential new treatment for adults with metastatic or locally advanced cutaneous squamous cell carcinoma (โ€œcSCCโ€) who are not candidates for curative surgery or curative radiation.

News Image

Mon, 15 Jul 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - YONGIN, South Korea and WALTHAM, Mass., July 15, 2024 (GLOBE NEWSWIRE) -- GC Cell (KRX: 144510.KS) and Checkpoint Therapeutics ("Checkpoint") (Nasdaq: CKPT) have announced a collaboration to explore the combined therapeutic potential of cosibelimab, Checkpoint's anti-PD-L1 antibody with dual mechanism of action, with GC Cell's Immuncell-LC, an innovative autologous Cytokine Induced Killer (โ€œCIKโ€) T cell therapy composed of cytotoxic T lymphocytes and natural killer T cells.

News Image

Tue, 02 Jul 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - WALTHAM, Mass., July 02, 2024 (GLOBE NEWSWIRE) -- Checkpoint Therapeutics, Inc. (โ€œCheckpointโ€) (Nasdaq: CKPT), a clinical-stage immunotherapy and targeted oncology company, today announced it has completed the resubmission of its Biologics License Application (โ€œBLAโ€) to the U.S. Food and Drug Administration (โ€œFDAโ€) for cosibelimab, its anti-programmed death ligand-1 (โ€œPD-L1โ€) antibody, as a potential new treatment for patients with metastatic or locally advanced cutaneous squamous cell carcinoma (โ€œcSCCโ€) who are not candidates for curative surgery or curative radiation.

...

CKPT Frequently asked questions

The highest forecasted price for CKPT is $34 from Joseph Pantginis at HC Wainwright & Co..

The lowest forecasted price for CKPT is $4 from Mayank Mamtani from B. Riley Securities

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