Cidara Therapeutics, Inc. (CDTX)

NASDAQ: CDTX · Real-Time Price · USD
48.71
-0.74 (-1.50%)
Jun 30, 2025, 4:00 PM - Market closed
-1.50%
Market Cap 1.08B
Revenue (ttm) 302,000
Net Income (ttm) -182.98M
Shares Out 22.12M
EPS (ttm) -20.89
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,157,429
Open 48.50
Previous Close 49.45
Day's Range 46.18 - 50.48
52-Week Range 10.14 - 56.83
Beta 1.10
Analysts Strong Buy
Price Target 52.11 (+6.98%)
Earnings Date Aug 12, 2025

About CDTX

Cidara Therapeutics, Inc. operates as a biotechnology company that focuses on developing targeted therapies for patients facing cancers and other serious diseases. The company’s product includes rezafungin acetate, a novel molecule in the echinocandin class of antifungals for the treatment and prevention of invasive fungal infections, including candidemia and invasive candidiasis, which are fungal infections associated with high mortality rates. It also develops its Cloudbreak platform that enables development of novel drug-Fc conjugates, that ... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Apr 15, 2015
Employees 38
Stock Exchange NASDAQ
Ticker Symbol CDTX
Full Company Profile

Financial Performance

In 2024, Cidara Therapeutics's revenue was $1.28 million, a decrease of -94.52% compared to the previous year's $23.28 million. Losses were -$169.83 million, 640.6% more than in 2023.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for CDTX stock is "Strong Buy." The 12-month stock price forecast is $52.11, which is an increase of 6.98% from the latest price.

Price Target
$52.11
(6.98% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Cidara Therapeutics Announces Inclusion in the Russell 2000® and Russell 3000® Indexes

SAN DIEGO, June 30, 2025 (GLOBE NEWSWIRE) -- Cidara Therapeutics, Inc. (Nasdaq: CDTX), a biotechnology company applying its proprietary Cloudbreak® platform to develop drug-Fc conjugate (DFC) therapeu...

21 hours ago - GlobeNewsWire

Cidara Announces Closing of Upsized Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares

SAN DIEGO, June 26, 2025 (GLOBE NEWSWIRE) -- Cidara Therapeutics, Inc. (“Cidara”) (Nasdaq: CDTX), a biotechnology company using its proprietary Cloudbreak® platform to develop drug-Fc conjugate (DFC) ...

4 days ago - GlobeNewsWire

Cidara Therapeutics Advances CD388 To Phase 3, Reiterate Buy

Cidara Therapeutics' main value driver, CD388, recently achieved an impressive 76% protection in its Phase 2b trials. It also showed a compelling safety profile. In my view, CD388 now has a clear path...

5 days ago - Seeking Alpha

Cidara Announces Pricing of Upsized Public Offering of Common Stock

SAN DIEGO, June 24, 2025 (GLOBE NEWSWIRE) -- Cidara Therapeutics, Inc. (“Cidara”) (Nasdaq: CDTX), a biotechnology company using its proprietary Cloudbreak® platform to develop drug-Fc conjugate (DFC) ...

6 days ago - GlobeNewsWire

Cidara Announces Proposed Public Offering of Common Stock

SAN DIEGO, June 23, 2025 (GLOBE NEWSWIRE) -- Cidara Therapeutics, Inc. (“Cidara”) (Nasdaq: CDTX), a biotechnology company using its proprietary Cloudbreak® platform to develop drug-Fc conjugate (DFC) ...

7 days ago - GlobeNewsWire

Why Is Cidara Therapeutics Stock Trading Higher On Monday?

Cidara Therapeutics, Inc. CDTX stock is trading over 90% higher on Monday with a session volume of 3.2 million compared to the average volume of 181.7K.

7 days ago - Benzinga

Cidara Therapeutics Announces Positive Topline Results from its Phase 2b NAVIGATE Trial Evaluating CD388, a Non-Vaccine Preventative of Seasonal Influenza

The study met its primary and all secondary efficacy endpoints for all dose groups Single doses of 450mg, 300mg and 150mg of CD388 conferred 76%, 61% and 58% protection, respectively, from symptomatic...

7 days ago - GlobeNewsWire

Cidara Therapeutics: All Stars Aligning In Favor Of CD388

Cidara Therapeutics' CD388 is a long-acting influenza antiviral aimed at providing universal protection with a single yearly dose for each flu season. In contrast to vaccines, CD388's efficacy is not ...

5 weeks ago - Seeking Alpha

Cidara Therapeutics to Host Virtual R&D Day to Discuss CD388 as a Potential Universal, Once-Per-Flu Season Preventative of Seasonal and Pandemic Influenza on May 22, 2025

SAN DIEGO, May 15, 2025 (GLOBE NEWSWIRE) -- Cidara Therapeutics, Inc. (Nasdaq: CDTX) (the Company), a biotechnology company using its proprietary Cloudbreak® platform to develop drug-Fc conjugate (DFC...

6 weeks ago - GlobeNewsWire

Cidara Therapeutics to Participate in Two Upcoming Investor Conferences

SAN DIEGO, May 13, 2025 (GLOBE NEWSWIRE) -- Cidara Therapeutics, Inc. (Nasdaq: CDTX), a biotechnology company using its proprietary Cloudbreak® platform to develop drug-Fc conjugate (DFC) therapeutics...

6 weeks ago - GlobeNewsWire

Cidara Therapeutics, Inc. (CDTX) Q1 2025 Earnings Call Transcript

Cidara Therapeutics, Inc. (NASDAQ:CDTX) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Brian Ritchie - LifeSci Advisors Jeffrey Stein - President and Chief Executive Off...

7 weeks ago - Seeking Alpha

Cidara Therapeutics Provides Corporate Update and Reports First Quarter 2025 Financial Results

SAN DIEGO, May 08, 2025 (GLOBE NEWSWIRE) -- Cidara Therapeutics, Inc. (Nasdaq: CDTX) (the Company), a biotechnology company using its proprietary Cloudbreak® platform to develop drug-Fc conjugate (DFC...

7 weeks ago - GlobeNewsWire

Cidara Therapeutics: Strong Buy On Imminent Data Readout For Lead Flu Candidate

We initiate coverage on Cidara Therapeutics with a Strong Buy rating due to its strategic pivot to antiviral CD388 and promising Phase 2b trial data. Rezafungin's successful approval and divestiture t...

2 months ago - Seeking Alpha

Cidara Therapeutics Announces Promotion of Nicole Davarpanah to Chief Medical Officer and Corrina Pavetto to SVP, Clinical Development

SAN DIEGO, May 01, 2025 (GLOBE NEWSWIRE) -- Cidara Therapeutics, Inc. (Nasdaq: CDTX), a biotechnology company using its proprietary Cloudbreak® platform to develop drug-Fc conjugate (DFC) therapeutics...

2 months ago - GlobeNewsWire

Cidara Therapeutics to Participate in The Citizens Life Sciences Conference

SAN DIEGO, April 30, 2025 (GLOBE NEWSWIRE) -- Cidara Therapeutics, Inc. (Nasdaq: CDTX), a biotechnology company using its proprietary Cloudbreak® platform to develop drug-Fc conjugate (DFC) therapeuti...

2 months ago - GlobeNewsWire

Cidara Therapeutics to Report First Quarter 2025 Financial Results and Host Inaugural Quarterly Conference Call on May 8, 2025

SAN DIEGO, April 24, 2025 (GLOBE NEWSWIRE) -- Cidara Therapeutics, Inc. (Nasdaq: CDTX), a biotechnology company using its proprietary Cloudbreak® platform to develop drug-Fc conjugate (DFC) immunother...

2 months ago - GlobeNewsWire

Phathom Pharmaceuticals Appoints Ted Schroeder to its Board of Directors

FLORHAM PARK, N.J., April 16, 2025 (GLOBE NEWSWIRE) -- Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a biopharmaceutical company focused on developing and commercializing novel treatments for gastroin...

Other symbols: PHAT
2 months ago - GlobeNewsWire

Cidara Therapeutics Reports Inducement Grant Under Nasdaq Listing Rule 5635(C)(4)

SAN DIEGO, April 01, 2025 (GLOBE NEWSWIRE) -- Cidara Therapeutics, Inc. (Nasdaq: CDTX), a biotechnology company using its proprietary Cloudbreak® platform to develop drug-Fc conjugate (DFC) immunother...

3 months ago - GlobeNewsWire

Cidara Therapeutics to Participate in the 24th Annual Needham Virtual Healthcare Conference

SAN DIEGO, April 01, 2025 (GLOBE NEWSWIRE) -- Cidara Therapeutics, Inc. (Nasdaq: CDTX), a biotechnology company using its proprietary Cloudbreak® platform to develop drug-Fc conjugate (DFC) immunother...

3 months ago - GlobeNewsWire

Cidara Therapeutics to Participate in World Health Organization Meeting on H5N1 Influenza Preparedness and Response

SAN DIEGO, March 19, 2025 (GLOBE NEWSWIRE) -- Cidara Therapeutics, Inc. (Nasdaq: CDTX), a biotechnology company using its proprietary Cloudbreak® platform to develop drug-Fc conjugate (DFC) immunother...

3 months ago - GlobeNewsWire

Cidara Therapeutics Announces Two Presentations on CD388 in Influenza at International Conference on Antiviral Research (ICAR) 2025

SAN DIEGO, March 18, 2025 (GLOBE NEWSWIRE) -- Cidara Therapeutics, Inc. (Nasdaq: CDTX), a biotechnology company using its proprietary Cloudbreak® platform to develop drug-Fc conjugate (DFC) immunother...

3 months ago - GlobeNewsWire

Cidara Therapeutics Announces Publication of CD388 Preclinical Data in Nature Microbiology

Data highlights potential of CD388 as a potent, universal antiviral for influenza prevention regardless of immune status

3 months ago - GlobeNewsWire

Cidara Therapeutics Provides Corporate Update and Reports Fourth Quarter and Full Year 2024 Financial Results

SAN DIEGO, March 06, 2025 (GLOBE NEWSWIRE) -- Cidara Therapeutics, Inc. (Nasdaq: CDTX) (the Company), a biotechnology company using its proprietary Cloudbreak® platform to develop drug-Fc conjugate (D...

4 months ago - GlobeNewsWire

Cidara Therapeutics Announces Appointment of Frank Karbe as Chief Financial Officer

Industry veteran CFO Frank Karbe brings more than 25 years of leadership experience in the biopharma industry transitioning companies from R&D to commercialization Industry veteran CFO Frank Karbe bri...

4 months ago - GlobeNewsWire

Bullish On Cidara Therapeutics As It Doubles Down On CD388 For Universal Flu Prevention

Cidara Therapeutics is leveraging its Cloudbreak platform to develop CD388 for universal influenza prophylaxis. Fortunately, they recently enrolled 5,000 subjects in its Phase 2b trial to assess CD388...

4 months ago - Seeking Alpha