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Home โบ Stocks โบ Medicenna Therapeutics Corp. (MDNAF) Stock Forecast & Price Prediction Canada | NASDAQ | Healthcare | Biotechnology
$0.66
-0.01 (-0.75%)Did MDNAF 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 Medicenna is one of their latest high-conviction picks.
Based on our analysis of 1 Wall Street analyst, MDNAF has a bullish consensus with a median price target of $4.25 (ranging from $2.50 to $6.00). Currently trading at $0.66, the median forecast implies a 543.0% upside. This outlook is supported by 4 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 MDNAF.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Dec 6, 2024 | HC Wainwright & Co. | Buy | Reiterates | $0.00 | |
Dec 18, 2020 | Oppenheimer | Outperform | Initiates | $0.00 | |
Dec 17, 2020 | Oppenheimer | Outperform | Initiates | $0.00 | |
Sep 10, 2020 | HC Wainwright & Co. | Buy | Initiates | $0.00 |
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Medicenna Therapeutics Corp. has a market capitalization of $52.75M with a P/E ratio of -1.8x. 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 -149.1%.
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Develops advanced immunotherapies for cancer.
Medicenna Therapeutics Corp. operates as a clinical-stage biotechnology company, generating revenue primarily through the development and commercialization of its innovative Superkine therapeutics. The company focuses on creating interleukin-based treatments that enhance the immune response against cancer and other diseases, aiming to bring novel therapies to market as they progress through clinical trials.
Medicenna's pipeline includes promising candidates like MDNA11 and MDNA55, targeting challenging conditions such as glioblastoma. The company emphasizes scientific rigor and aims to address significant unmet medical needs, while maintaining a commitment to advancing cytokine biology and patient-centered outcomes in therapeutic development.
Healthcare
Biotechnology
16
Dr. Fahar Merchant Ph.D.
Canada
2017
Medicenna Therapeutics will present data from its Phase 1/2 ABILITY-1 trial and pre-clinical results for MDNA113 at the AACR Annual Meeting 2025, scheduled for April 25-30 in Chicago.
Presentation of new trial data can significantly impact Medicenna's stock price, reflecting investor confidence in its innovative cancer therapies and potential market value.
MDNA11 shows a 78% disease control rate in combination with Merck's KEYTRUDA in the Phase 1/2 ABILITY-1 trial, with one complete response and one partial response.
A 78% disease control rate in the MDNA11 and KEYTRUDA trial indicates strong potential for effective cancer treatment, likely boosting investor confidence and interest in the companies involved.
Medicenna Therapeutics will participate in two investor conferences in February 2025 and will hold one-on-one meetings with investors. The company focuses on immunotherapy for cancer and autoimmune diseases.
Medicenna's participation in investor conferences signals potential growth opportunities and increased visibility, which could influence stock performance and investor interest.
MDNA11 outperformed a combination of immune checkpoint inhibitors in preventing metastasis and achieving long-term survival in a mouse model of triple negative breast cancer (TNBC).
MDNA11's superior performance over established treatments in a preclinical model may signal a potential breakthrough in TNBC therapy, influencing future market opportunities and investor sentiment.
A 70-year-old patient with advanced chemo-refractory anal cancer achieved a complete response in 8 weeks using MDNA11 alongside Merck's KEYTRUDAยฎ (pembrolizumab).
Positive patient outcomes from MDNA11 combined with KEYTRUDA could boost market confidence in these therapies, potentially increasing stock value for MDNA and Merck.
MDNA11 demonstrates significant survival benefits in preclinical glioblastoma models, enhancing CD8+ T and NK cell activity.
MDNA11's preclinical success in glioblastoma could indicate a promising cancer treatment, potentially boosting investor confidence and driving stock value for related biotech firms.
Based on our analysis of 1 Wall Street analysts, Medicenna Therapeutics Corp. (MDNAF) has a median price target of $4.25. The highest price target is $6.00 and the lowest is $2.50.
According to current analyst ratings, MDNAF has 4 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $0.66. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict MDNAF stock could reach $4.25 in the next 12 months. This represents a 543.0% increase from the current price of $0.66. Please note that this is a projection by Wall Street analysts and not a guarantee.
Medicenna Therapeutics Corp. operates as a clinical-stage biotechnology company, generating revenue primarily through the development and commercialization of its innovative Superkine therapeutics. The company focuses on creating interleukin-based treatments that enhance the immune response against cancer and other diseases, aiming to bring novel therapies to market as they progress through clinical trials.
The highest price target for MDNAF is $6.00 from at , which represents a 807.7% increase from the current price of $0.66.
The lowest price target for MDNAF is $2.50 from at , which represents a 278.2% increase from the current price of $0.66.
The overall analyst consensus for MDNAF is bullish. Out of 1 Wall Street analysts, 4 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $4.25.
Stock price projections, including those for Medicenna Therapeutics Corp., 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.