
Cardiff Oncology (CRDF) Stock Forecast & Price Target
Cardiff Oncology (CRDF) Analyst Ratings
Bulls say
Cardiff Oncology is currently undervalued with a projected fair value of $9 per share, which is based on a discounted cash flow valuation methodology that takes into consideration an 11% discount rate, 1% terminal growth rate, and a 29.84% effective tax rate. However, there are inherent risks that may hinder achieving this valuation, such as negative clinical results for onvansertib, delays in advancing it to pivotal clinical studies, failure to obtain approval, lower market penetration rates, legal risks, and potential dilution risk.
Bears say
Cardiff Oncology is facing significant financial challenges, with a net loss of $9.7 million in the first half of 2021 and only $3 million in cash as of June 30. Additionally, although their main asset onvansertib is showing promising clinical activity, it is still in early stages of development and may not be able to meet market expectations, leaving little potential for near-term revenue generation and potential for further dilution of shares and decrease in stock price. Overall, Cardiff Oncology has a high-risk, low-reward profile and may not be a suitable investment for risk-averse investors looking for stable returns.
This aggregate rating is based on analysts' research of Cardiff Oncology and is not a guaranteed prediction by Public.com or investment advice.
Cardiff Oncology (CRDF) Analyst Forecast & Price Prediction
Start investing in Cardiff Oncology (CRDF)
Order type
Buy in
Order amount
Est. shares
0 shares