Candel Therapeutics/$CADL

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About Candel Therapeutics

Candel Therapeutics Inc is a clinical-stage biopharmaceutical company focused on developing and commercializing viral immunotherapies to help patients fight cancer. The company has established two clinical-stage viral immunotherapy platforms based on novel, genetically modified adenovirus and herpes simplex virus (HSV) constructs, respectively.

Ticker

$CADL
Primary listing

Industry

Biotechnology

Employees

38

CADL Metrics

BasicAdvanced
$350M
-
-$1.08
-0.91
-

Bulls say / Bears say

Positive pivotal topline phase 3 data for CAN-2409 in intermediate-to-high-risk localized prostate cancer, demonstrating potential to redefine the standard of care
FDA granted Regenerative Medicine Advanced Therapy designation to CAN-2409 for newly diagnosed intermediate-to-high-risk localized prostate cancer, providing expedited development and review pathways
Canaccord Genuity initiated coverage with a buy rating and $20 price objective, complemented by Bank of America’s buy rating and $15 target, signaling strong analyst confidence
Net loss of $55.2 million for full year 2024, up from $37.9 million in 2023, reflecting accelerating cash burn and mounting profitability pressure
Closed a $92 million public offering at $6.00 per share in December 2024, diluting existing shareholders and highlighting ongoing capital needs
Biologics License Application (BLA) submission for CAN-2409 not expected until Q4 2026, prolonging the timeline to commercialization and revenue generation
Data summarised monthly by Lightyear AI. Last updated on 17 Jul 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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