Cellectar Biosciences Inc

Cellectar Biosciences Inc Stock Forecast & Price Prediction

Live Cellectar Biosciences Inc Stock (CLRB) Price
$2.13

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

$2.13

P/E Ratio

-0.70

Volume Traded Today

$365,300

Dividend

Dividends not available for CLRB

52 Week High/low

4.45/1.77

Cellectar Biosciences Inc Market Cap

$78.9M

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CLRB Summary

The Cellectar Biosciences Inc (CLRB) share price is expected to increase by 491.55% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered CLRB. Price targets range from $4 at the low end to $25 at the high end. The current analyst consensus for CLRB is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

CLRB Analyst Ratings

About 0 Wall Street analysts have assigned CLRB 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Cellectar Biosciences Inc to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CLRB. 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.

CLRB stock forecast by analyst

These are the latest 20 analyst ratings of CLRB.

Analyst/Firm

Rating

Price Target

Change

Date

Jeff Jones
Oppenheimer

Outperform

$12

Reiterates

Mar 28, 2024
Jonathan Aschoff
Roth MKM

Buy

$28

Maintains

Mar 28, 2024
Jonathan Aschoff
Roth MKM

Buy

$20

Reiterates

Mar 4, 2024
Swayampakula Ramakanth
HC Wainwright & Co.

Buy

$4

Maintains

Nov 4, 2022
Jeff Jones
Oppenheimer

Outperform

$5.5

Assumes

Jul 18, 2022

Roth Capital

Buy


Initiates

Nov 25, 2020

Ladenburg Thalmann

Buy


Initiates

Nov 25, 2020

H.C. Wainwright

Buy


Initiates

Nov 25, 2020

Brookline Capital

Buy


Initiates

Nov 25, 2020

Maxim Group

Buy


Initiates

Nov 25, 2020

Oppenheimer

Outperform


Initiates

Nov 25, 2020

Oppenheimer

Outperform


Initiates

Jul 1, 2020

Maxim Group

Buy


Initiates

Jun 23, 2020

Roth Capital

Buy


Initiates

Sep 13, 2019

Brookline Capital

Buy


Initiates

Jul 30, 2019

H.C. Wainwright

Buy


Initiates

May 2, 2019

Ladenburg Thalmann

Buy


Initiates

Dec 21, 2016

CLRB Company Information

  • Company Type: Clinical biopharmaceutical company
  • Focus: Discovery, development, and commercialization of cancer treatment drugs
  • Lead Product: CLR 131 (iopofosine I-131)
  • Current Studies:
    • Phase 2 clinical study for B-cell malignancies
    • Phase 2a clinical study for relapsed or refractory (r/r) Waldenstrom's macroglobulinemia, r/r multiple myeloma, and r/r non-Hodgkin's lymphoma
    • Phase 1 clinical study for r/r pediatric patients with solid tumors, lymphomas, and malignant brain tumors
    • Phase 1 clinical study for r/r head and neck cancer
  • Other Programs: CLR 1900, a PDC chemotherapeutic program in preclinical development for solid tumors
  • Collaborations: Partnered with Orano Med and LegoChemBio for drug development
  • Founded: 2002
  • Headquarters: Florham Park, New Jersey
CLRB
Cellectar Biosciences Inc (CLRB)

When did it IPO

N/A

Staff Count

20

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Mr. James V. Caruso

Market Cap

$78.9M

Cellectar Biosciences Inc (CLRB) Financial Data

In 2023, CLRB generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CLRB'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

$0

Revenue From 2021

$0

0.00 %
From Previous Year

Revenue From 2022

$0

0.00 %
From Previous Year

Revenue From 2023

$0

0.00 %
From Previous Year
  • Revenue TTM $0
  • Operating Margin TTM 0.0%
  • Gross profit TTM $0
  • Return on assets TTM -91.5%
  • Return on equity TTM -304.4%
  • Profit Margin 0.0%
  • Book Value Per Share 0.27%
  • Market capitalisation $78.9M
  • Revenue for 2021 $0
  • Revenue for 2022 $0
  • Revenue for 2023 $0
  • EPS this year (TTM) $-3.09

Cellectar Biosciences Inc (CLRB) Latest News

News Image

Fri, 30 Aug 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - CLRB announces two presentations featuring its Iopofosine I 131 at the 12th IWWM, in Prague. Jorge Castillo will be the presenter.

News Image

Mon, 26 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Jorge Castillo, M.D. to Present Iopofosine I 131 Activity in Bing-Neel Syndrome Andrei Shustov, M.D.

News Image

Fri, 23 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - FLORHAM PARK, N.J., Aug. 23, 2024 (GLOBE NEWSWIRE) -- Cellectar Biosciences, Inc. (NASDAQ: CLRB), a late-stage clinical biopharmaceutical company focused on the discovery, development, and commercialization of drugs for the treatment of cancer, today announced that the Company had received an expected delinquency notification letter (the โ€œNoticeโ€) from the Listing Qualifications Staff of the Nasdaq Stock Market LLC (โ€œNasdaqโ€) on August 20, 2024. The Notice indicated that the Company is not in compliance with the periodic financial report filing requirement set forth in Nasdaq Listing Rule 5250(c)(1) as a result of the Company's delay in filing its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 (the โ€œSecond Quarter 10-Qโ€), by the applicable due date.

News Image

Tue, 13 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Cellectar Biosciences, Inc. (NASDAQ:CLRB ) Q2 2024 Earnings Conference Call August 13, 2024 8:30 AM ET Company Participants Jim Caruso โ€“ President and Chief Executive Officer Andrei Shustov โ€“ Senior Vice President-Medical Jarrod Longcor โ€“ Chief Operating Officer Shane Lea โ€“ Chief Commercial Officer Chad Kolean โ€“ Chief Financial Officer Conference Call Participants Jonathan Aschoff โ€“ ROTH Jeff Jones โ€“ Oppenheimer Ted Tenthoff โ€“ Piper Sandler Operator Good morning, and welcome to Cellectar Biosciences Second Quarter 2024 Financial Results Call. Today's call is being recorded.

News Image

Tue, 13 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - FLORHAM PARK, N.J., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Cellectar Biosciences, Inc. (NASDAQ: CLRB), a late-stage clinical biopharmaceutical company focused on the discovery, development, and commercialization of drugs for the treatment of cancer, today announced financial results for the quarter ended June 30, 2024, and provided a corporate update.

News Image

Thu, 08 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - FLORHAM PARK, N.J., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Cellectar Biosciences, Inc. (NASDAQ: CLRB), a late-stage clinical biopharmaceutical company focused on the discovery, development, and commercialization of drugs for the treatment of cancer, today announced that the company will provide a corporate update for the three months ended June 30, 2024, on Tuesday, August 13, 2024. Management will also host a conference call with investors to discuss financial results and provide an overview at 8:30 am Eastern Time. Details for the call are as follows:

...

CLRB Frequently asked questions

The highest forecasted price for CLRB is $25 from at .

The lowest forecasted price for CLRB is $4 from Swayampakula Ramakanth from HC Wainwright & Co.

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