CytomX Therapeutics Inc

CytomX Therapeutics Inc Stock Forecast & Price Prediction

Live CytomX Therapeutics Inc Stock (CTMX) Price
$1.25

7

Ratings

  • Buy 6
  • Hold 1
  • 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

$1.25

P/E Ratio

7.73

Volume Traded Today

$294,711

Dividend

Dividends not available for CTMX

52 Week High/low

5.85/1.04

CytomX Therapeutics Inc Market Cap

$93.0M

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $CTMX ๐Ÿ›‘

Before you buy CTMX you'll want to see this list of ten stocks that have huge potential. Want to see if CTMX made the cut? Enter your email below

CTMX Summary

Based on ratings from 7 stock analysts, the CytomX Therapeutics Inc stock price is expected to increase by 324.8% in 12 months. This is calculated by using the average 12-month stock price forecast for CytomX Therapeutics Inc. The lowest target is $3.5 and the highest is $8. Please note analyst price targets are not guaranteed and could be missed completely.

CTMX Analyst Ratings

About 7 Wall Street analysts have assigned CTMX 6 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect CytomX Therapeutics Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CTMX. 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.

CTMX stock forecast by analyst

These are the latest 20 analyst ratings of CTMX.

Analyst/Firm

Rating

Price Target

Change

Date

Mitchell Kapoor
HC Wainwright & Co.

Neutral


Reiterates

Aug 22, 2024
Mitchell Kapoor
HC Wainwright & Co.

Neutral


Reiterates

Jun 27, 2024
Joseph Catanzaro
Piper Sandler

Overweight

$3.5

Upgrade

May 28, 2024
Mitchell Kapoor
HC Wainwright & Co.

Neutral


Reiterates

May 9, 2024
Robert Driscoll
Wedbush

Outperform

$8

Upgrade

May 9, 2024
Etzer Darout
BMO Capital

Market Perform

$3.59

Maintains

May 9, 2024
Roger Song
Jefferies

Buy

$8

Upgrade

May 6, 2024
Etzer Darout
BMO Capital

Market Perform

$3.25

Reiterates

May 1, 2024
Anupam Rama
JP Morgan

Neutral


Upgrade

Apr 22, 2024
Robert Driscoll
Wedbush

Neutral

$3

Reiterates

Mar 12, 2024
Etzer Darout
BMO Capital

Market Perform

$3.25

Maintains

Mar 12, 2024
Robert Driscoll
Wedbush

Neutral

$3

Maintains

Nov 9, 2023
Robert Driscoll
Wedbush

Outperform

$3

Upgrade

Nov 8, 2023
Etzer Darout
BMO Capital

Market Perform

$3.19

Maintains

Aug 9, 2023
Mara Goldstein
Mizuho

Neutral

$2

Maintains

Mar 28, 2023
Etzer Darout
BMO Capital

Market Perform

$3.2

Maintains

Jan 6, 2023
Etzer Darout
BMO Capital

Market Perform

$2.6

Downgrade

Nov 14, 2022
Anupam Rama
JP Morgan

Underweight


Downgrade

Nov 10, 2022
Mitchell Kapoor
HC Wainwright & Co.

Neutral


Downgrade

Jul 11, 2022
Boris Peaker
Cowen & Co.

Market Perform


Downgrade

Jul 11, 2022

CTMX Company Information

  • Company Focus: Oncology-focused biopharmaceutical company.
  • Business Model: Develops novel conditionally activated biologics localized to the tumor microenvironment.
  • Key Technologies: Utilizes conditional activation platform technology for oncology biologics research and development.
  • Product Development:
    • CX-904: T-cell-engaging bispecific antibody targeting EGFR and CD3 receptor.
    • CX-2051: Conditionally activated ADC for optimizing therapeutic index for EpCAM-expressing epithelial cancers.
    • CX-801: Interferon alpha-2b PROBODY cytokine.
    • CX-2029: Conditional activated ADC targeting CD71.
    • BMS-986288: PROBODY version of non-fucosylated ipilimumab.
  • Strategic Collaborations: Partnerships with Amgen, Astellas, Bristol Myers Squibb, Regeneron, and Moderna.
  • Clinical Trials: Collaboration and supply agreement with Merck for evaluating CX-801 with KEYTRUDA (pembrolizumab).
  • Founded: 2008, headquartered in South San Francisco, California.
CTMX
CytomX Therapeutics Inc (CTMX)

When did it IPO

2015

Staff Count

120

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Dr. Sean A. McCarthy DPHIL

Market Cap

$93.0M

CytomX Therapeutics Inc (CTMX) Financial Data

In 2023, CTMX generated $101.2M in revenue, which was a increase of 90.38% from the previous year. This can be seen as a signal that CTMX'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

$68.4M

Revenue From 2021

$37.3M

-45.47 %
From Previous Year

Revenue From 2022

$53.2M

42.48 %
From Previous Year

Revenue From 2023

$101.2M

90.38 %
From Previous Year
  • Revenue TTM $119.6M
  • Operating Margin TTM -33.7%
  • Gross profit TTM $0
  • Return on assets TTM 1.9%
  • Return on equity TTM 1.2%
  • Profit Margin 9.3%
  • Book Value Per Share -0.40%
  • Market capitalisation $93.0M
  • Revenue for 2021 $37.3M
  • Revenue for 2022 $53.2M
  • Revenue for 2023 $101.2M
  • EPS this year (TTM) $0.15

CytomX Therapeutics Inc (CTMX) Latest News

News Image

Thu, 08 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - - CX-904 (EGFR-CD3 PROBODYยฎ T-cell engager) Phase 1a enrollment continues, primarily focused in PDAC, NSCLC, and HNSCC. Program update expected by the end of 2024 -

News Image

Mon, 17 Jun 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - SOUTH SAN FRANCISCO, Calif., June 17, 2024 (GLOBE NEWSWIRE) -- CytomX Therapeutics, Inc. (Nasdaq: CTMX), a leader in the field of masked, conditionally activated biologics, today announced the promotion of Chris Ogden to Chief Financial Officer effective June 15, 2024.

News Image

Tue, 18 Jun 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - SOUTH SAN FRANCISCO, Calif., June 18, 2024 (GLOBE NEWSWIRE) -- CytomX Therapeutics, Inc. (Nasdaq: CTMX), a leader in the field of masked, conditionally activated biologic therapeutics, today announced that Sean McCarthy, D.Phil., chief executive officer and chairman, will participate in a fireside chat at the H.C. Wainwright 2nd Annual Immune Cell Engager Virtual Conference on Tuesday, June 25, 2024, at 2:00 p.m. ET.

News Image

Wed, 05 Jun 2024

Sentiment - POSITIVE

Source - InvestorPlace

Summary - When the term penny stocks to buy is thrown around, ideas of high-risk-high-reward, overnight wealth generation and potential scams may come to mind. However, investing in carefully-selected penny stocks can yield a much less volatile experience.

News Image

Wed, 29 May 2024

Sentiment - NEUTRAL

Source - InvestorPlace

Summary - Not long ago, GameStop (NYSE: GME ) stock soared and then tanked on the meme-stock waves. A company that went along for the ride was CytomX Therapeutics (NASDAQ: CTMX ), as CytomX Therapeutics stock took a round trip from $1.80 to $5.80 and back.

News Image

Wed, 22 May 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - SOUTH SAN FRANCISCO, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- CytomX Therapeutics, Inc. (Nasdaq: CTMX), a leader in the field of masked, conditionally activated biologic therapeutics, today announced that Sean McCarthy, D.Phil., chief executive officer and chairman, will present at the Jefferies Global Healthcare Conference on Thursday, June 6, 2024, at 8:30 a.m. ET.

...

CTMX Frequently asked questions

The highest forecasted price for CTMX is $8 from Kaveri Pohlman at BTIG.

The lowest forecasted price for CTMX is $3.5 from Peter Lawson from Barclays

The CTMX analyst ratings consensus are 6 buy ratings, 1 hold ratings, and 0 sell ratings.