Cidara Therapeutics, Inc. (CDTX)

Market Cap	254.00M
Revenue (ttm)	44.65M
Net Income (ttm)	-120.73M
Shares Out	10.94M
EPS (ttm)	-23.94
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	107,207
Open	22.12
Previous Close	22.51
Day's Range	21.21 - 24.00
52-Week Range	10.00 - 24.99
Beta	1.07
Analysts	Strong Buy
Price Target	32.20 (+38.67%)
Earnings Date	Nov 7, 2024

About CDTX

Cidara Therapeutics, Inc., a biotechnology company, 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 includes CD388,...

• Industry: Biotechnology
• Sector: Healthcare
• IPO Date: Apr 15, 2015
• Employees: 69
• Stock Exchange: NASDAQ
• Ticker Symbol: CDTX
• Website: https://www.cidara.com

Financial Performance

In 2023, Cidara Therapeutics's revenue was $63.91 million, a decrease of -0.84% compared to the previous year's $64.45 million. Losses were -$22.93 million, -31.72% less than in 2022.

Analyst Forecast

According to 6 analysts, the average rating for CDTX stock is "Strong Buy." The 12-month stock price forecast is $32.2, which is an increase of 38.67% from the latest price.

Price Target

$32.2

(38.67% upside)

Analyst Consensus: Strong Buy