Candel Therapeutics Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Candel Therapeutics stock has a target of 11, which predicts an increase of 118.25% from the current stock price of 5.04.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$11	$11	$11	$11
Change	+118.25%	+118.25%	+118.25%	+118.25%

Analyst Ratings

According to 1 stock analyst, the rating for CADL is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	1	1	1	1
Buy	2	2	2	2	2	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vernon Bernardino HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $11	Strong Buy	Reiterates	$11	+118.25%	Nov 18, 2024
Vernon Bernardino HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $11	Strong Buy	Reiterates	$11	+118.25%	Nov 13, 2023
Vernon Bernardino HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $11	Strong Buy	Reiterates	$11	+118.25%	May 22, 2023
Evan David Seigerman BMO Capital	BMO Capital	Buy Maintains $9 → $3	Buy	Maintains	$9 → $3	-40.48%	May 15, 2023
Judah Frommer Credit Suisse	Credit Suisse	Buy Maintains $8 → $7	Buy	Maintains	$8 → $7	+38.89%	Mar 31, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

Revenue Next Year

24.79M

EPS This Year

-0.93

from -1.31

EPS Next Year

-0.45

from -0.93

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	125.00K	125.00K	125.00K	125.00K	-	-	24.79M
Revenue Growth	-	-	-	-	-	-	-
EPS	-0.71	-1.52	-1.91	-0.65	-1.31	-0.93	-0.45
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	n/a	25.5M
Avg	n/a	24.8M
Low	n/a	23.8M

Revenue Growth

Revenue Growth	2024	2025
High	-	-
Avg	-	-
Low	-	-

EPS Forecast

EPS	2024	2025
High	-0.96	-0.47
Avg	-0.93	-0.45
Low	-0.89	-0.43

EPS Growth

EPS Growth	2024	2025
High	-	-
Avg	-	-
Low	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.