
Cidara Therapeutics (CDTX) Stock Forecast & Price Target
Cidara Therapeutics (CDTX) Analyst Ratings
Bulls say
Cidara Therapeutics Inc. benefits from its strategic positioning within the rapidly evolving influenza landscape, supported by a robust flu season reported by the CDC, indicating increased patient need and potential uptake for its clinical-stage asset CD388. The $240 million capital raised in April 2024 affords the company the ability to advance CD388’s clinical development efficiently, reinforcing its focus on transforming treatment paradigms without heavy reliance on the immune system. Additionally, the promising efficacy data surrounding Cidara’s antiviral approaches further bolsters a favorable outlook for the company's portfolio in addressing unmet medical needs in infectious diseases.
Bears say
Cidara Therapeutics Inc. reported a significant net loss of $52.4 million for the fourth quarter of 2024, indicating ongoing financial challenges and a lack of profitability in its operations. The company's lead asset, CD388, while noted for its potency against influenza, suffers from poor oral bioavailability and rapid renal clearance, raising concerns about its practical application in treatment regimens. Furthermore, Cidara's history of consistent losses, combined with potential difficulties in securing acceptable partnership terms for commercializing its products, poses a substantial risk to the company’s future financial stability and growth prospects.
This aggregate rating is based on analysts' research of Cidara Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Cidara Therapeutics (CDTX) Analyst Forecast & Price Prediction
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