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Home โบ Stocks โบ Cardiol Therapeutics Inc. (CRDL) Stock Forecast & Price Prediction Canada | NASDAQ | Healthcare | Drug Manufacturers - Specialty & Generic
$1.51
+0.00 (0.00%)Did CRDL Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Cardiol is one of their latest high-conviction picks.
Based on our analysis of 6 Wall Street analysts, CRDL has a bullish consensus with a median price target of $7.82 (ranging from $4.97 to $9.15). The overall analyst rating is Strong Buy (9.2/10). Currently trading at $1.51, the median forecast implies a 417.9% upside. This outlook is supported by 5 Buy, 0 Hold, and 0 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for CRDL.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Apr 6, 2026 | Canaccord Genuity | Edward Nash | Buy | Maintains | $8.00 |
| Feb 10, 2026 | HC Wainwright & Co. | Brandon Folkes | Buy | Reiterates | $9.00 |
| Dec 1, 2025 | HC Wainwright & Co. | Brandon Folkes | Buy | Reiterates | $9.00 |
| Jun 2, 2025 | HC Wainwright & Co. | Brandon Folkes | Buy | Initiates | $9.00 |
| Apr 16, 2025 | HC Wainwright & Co. | Vernon Bernardino | Buy | Reiterates | $9.00 |
| Apr 7, 2025 | HC Wainwright & Co. | Vernon Bernardino | Buy | Reiterates | $9.00 |
| Feb 24, 2025 | HC Wainwright & Co. | Vernon Bernardino | Buy | Reiterates | $9.00 |
| Dec 18, 2024 | HC Wainwright & Co. | Vernon Bernardino | Buy | Reiterates | $9.00 |
| Nov 20, 2024 | HC Wainwright & Co. | Vernon Bernardino | Buy | Reiterates | $9.00 |
| Oct 24, 2024 | HC Wainwright & Co. | Vernon Bernardino | Buy | Reiterates | $9.00 |
| Jun 26, 2024 | Roth MKM | Jason Wittes | Buy | Initiates | $10.00 |
| Jun 14, 2024 | HC Wainwright & Co. | Vernon Bernardino | Buy | Reiterates | $9.00 |
| Jun 7, 2024 | HC Wainwright & Co. | Vernon Bernardino | Buy | Reiterates | $9.00 |
| May 23, 2024 | Canaccord Genuity | Edward Nash | Buy | Maintains | $8.00 |
| May 14, 2024 | HC Wainwright & Co. | Vernon Bernardino | Buy | Reiterates | $9.00 |
| Apr 22, 2024 | HC Wainwright & Co. | Vernon Bernardino | Buy | Initiates | $9.00 |
| Aug 14, 2023 | Cantor Fitzgerald | Charles Duncan | Overweight | Reiterates | $3.00 |
| May 19, 2023 | Canaccord Genuity | Edward Nash | Buy | Maintains | $6.00 |
| Dec 22, 2021 | Canaccord Genuity | Buy | Initiates | $N/A | |
| Dec 22, 2021 | Cantor Fitzgerald | Overweight | Initiates | $N/A |
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Cardiol Therapeutics Inc. has a market capitalization of $168.64M with a P/E ratio of -3.9x. The company generates $0 in trailing twelve-month revenue with a 0.0% profit margin.
Revenue growth is N/A quarter-over-quarter, while maintaining an operating margin of 0.0% and return on equity of -158.8%.
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Develops therapies for heart diseases using CBD.
Cardiol Therapeutics focuses on researching and producing innovative anti-inflammatory and anti-fibrotic treatments for severe cardiovascular conditions. The company primarily generates revenue through the development of its therapies, which aim to address significant unmet medical needs in heart disease, potentially transforming treatment protocols in the pharmaceutical sector.
Headquartered in Oakville, Ontario, Cardiol Therapeutics is recognized for its commitment to scientific research and development in the biotechnology and healthcare industries, targeting conditions like acute myocarditis and chronic heart failure.
Healthcare
Drug Manufacturers - Specialty & Generic
18
Mr. David G. Elsley MBA
Canada
2018
Cardiol Therapeutics' CEO David Elsley will discuss the Phase III MAVERIC trial and other developments in a live interview on X today at 12:00 PM EDT. Recording available post-event.
Cardiol Therapeutics' CEO interview highlights critical trial updates and future drug developments, influencing investor sentiment on the company's growth potential and market position in heart disease therapies.
The Phase III MAVERIC trial for CardiolRxโข in recurrent pericarditis has exceeded 50% enrollment, with completion expected by Q2 2026. Positive Phase II ARCHER data was published, showing reduced left ventricular mass in acute myocarditis patients.
The initiation of the Phase III MAVERIC trial and positive Phase II results for CardiolRxโข signal potential growth and market interest, impacting future revenue and stock performance.
Cardiol Therapeutics Inc. (NASDAQ: CRDL, TSX: CRDL) will present at the TD Cowen 46th Annual Health Care Conference in Boston on March 4, 2026, at 10:30 a.m.
Cardiol's participation in a major health conference highlights its commitment to progressing therapies, potentially boosting investor confidence and influencing stock performance.
Cardiol Therapeutics (NASDAQ: CRDL) announced Phase II ARCHER study results for CardiolRxโข, showing effectiveness in treating acute myocarditis in 109 patients, published in ESC Heart Failure.
Publication of Phase II ARCHER study results enhances credibility and could accelerate Cardiol's drug approval, impacting stock value and investor confidence in the companyโs future prospects.
Cardiol Therapeutics Inc. has completed a private placement of units, including an over-allotment option, with Canaccord Genuity as the sole underwriter.
Cardiol Therapeutics' successful private placement indicates strong investor confidence and provides capital for advancing its therapies, potentially enhancing its market position and stock value.
Cardiol Therapeutics Inc. plans a private placement offering of 10,384,616 units at $1.30 each, aiming for $13.5 million in gross proceeds. An option for an additional 10% is also available.
Cardiol Therapeutics secures $13.5 million in funding through a private placement, enhancing its cash position for developing heart disease therapies, potentially boosting investor confidence and share value.
Based on our analysis of 6 Wall Street analysts, Cardiol Therapeutics Inc. (CRDL) has a median price target of $7.82. The highest price target is $9.15 and the lowest is $4.97.
According to current analyst ratings, CRDL has 5 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.51. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict CRDL stock could reach $7.82 in the next 12 months. This represents a 417.9% increase from the current price of $1.51. Please note that this is a projection by Wall Street analysts and not a guarantee.
Cardiol Therapeutics focuses on researching and producing innovative anti-inflammatory and anti-fibrotic treatments for severe cardiovascular conditions. The company primarily generates revenue through the development of its therapies, which aim to address significant unmet medical needs in heart disease, potentially transforming treatment protocols in the pharmaceutical sector.
The highest price target for CRDL is $9.15 from at , which represents a 505.7% increase from the current price of $1.51.
The lowest price target for CRDL is $4.97 from at , which represents a 229.4% increase from the current price of $1.51.
The overall analyst consensus for CRDL is bullish. Out of 6 Wall Street analysts, 5 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $7.82.
Stock price projections, including those for Cardiol Therapeutics Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. 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.