
Candel Therapeutics (CADL) Stock Forecast & Price Target
Candel Therapeutics (CADL) Analyst Ratings
Bulls say
Candel Therapeutics Inc has recently reported an increase in median overall survival for CAN-2409, which now stands at 28.8 months, significantly enhancing the confidence in the drug's efficacy. The probability of approval for CAN-2409 in both prostate and pancreatic cancers has been raised to 45% and 40%, respectively, driven by compelling survival data that supports its mechanism of action and regulatory prospects. Additionally, promising results from earlier trials, notably a substantial rise in CD8+ tumor infiltration lymphocytes post-treatment, suggest a favorable trajectory for ongoing clinical trials, particularly in the non-small cell lung cancer (NSCLC) indication.
Bears say
Candel Therapeutics Inc. faces significant challenges related to the efficacy of its clinical trials for CAN-2409 and CAN-3110, raising concerns about their competitive positioning against other modalities for similar indications. The company's recent financial performance reflects a net loss of $14.1 million in Q4 2024, coupled with the need to potentially raise capital under unfavorable market conditions, which could lead to greater dilution for existing shareholders. Additionally, uncertainties related to the approval process, regulatory requirements for additional trials, and the overall commercialization strategy pose considerable risks to future growth and financial stability.
This aggregate rating is based on analysts' research of Candel Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Candel Therapeutics (CADL) Analyst Forecast & Price Prediction
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