
Cardiff Oncology (CRDF) Stock Forecast & Price Target
Cardiff Oncology (CRDF) Analyst Ratings
Bulls say
Cardiff Oncology is a clinical-stage biotechnology company focused on developing novel therapies for various cancers with unmet medical needs through PLK1 inhibition. With a strong clinical pipeline and positive Phase II data for its lead drug onvansertib in combination with SoC, the firm has a promising outlook in the oncology sector. However, potential risks include negative clinical trial results, delays in drug advancement, and legal risks. Despite reducing the price target to $6 and pushing the onvansertib approval to 2030, the firm remains an Overweight rating for its growth potential.
Bears say
Cardiff Oncology is presenting onvansertib data at ASCO which may provide insight into its potential as a treatment for colorectal cancer. However, with an expected launch and approval in 2030, delayed by Cardiff's planned meeting with the FDA and a decrease in projected net revenues from previous estimates, Cardiff's focus on targeting vulnerable tumors may not be enough to outweigh potential delays and increased competition in the market, causing a negative outlook for the company's stock.
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
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