Cadrenal Therapeutics, Inc. (CVKD)

NASDAQ: CVKD · Real-Time Price · USD
5.06
-0.21 (-4.08%)
May 15, 2026, 4:00 PM EDT - Market closed
Market Cap15.56M -38.2%
Revenue (ttm)n/a
Net Income-11.89M
EPS-5.57
Shares Out 3.08M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume47,562
Open5.25
Previous Close5.27
Day's Range5.04 - 5.60
52-Week Range4.21 - 16.25
Beta1.83
AnalystsStrong Buy
Price Target13.00 (+157.17%)
Earnings DateMay 7, 2026

About CVKD

Cadrenal Therapeutics, Inc. operates as a late-stage biopharmaceutical company that develops novel therapies for life-threatening immune and thrombotic conditions. The company is developing Tecarfarin, an oral vitamin K antagonist that is in Phase 3 clinical trial designed to prevent heart attacks, strokes, and deaths due to blood clots in patients requiring chronic anticoagulation, such as patients with left ventricular assist devices, end-stage kidney disease, and atrial fibrillation; CAD-1005, a first-in-class 12-LOX inhibitor for the treatm... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jan 20, 2023
Employees 4
Stock Exchange NASDAQ
Ticker Symbol CVKD
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to one analyst, the rating for CVKD stock is "Strong Buy" and the 12-month stock price target is $13.0.

Price Target
$13.0
(157.17% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Cadrenal Therapeutics Reports First Quarter 2026 Financial Results and Provides Phase 3 Development Update on CAD-1005 Following End-of-Phase 2 Meeting with FDA

PONTE VEDRA, Fla., May 07, 2026 (GLOBE NEWSWIRE) -- Cadrenal Therapeutics, Inc. (Nasdaq: CVKD), a late-stage biopharmaceutical company advancing novel therapies for life-threatening immune and thrombo...

8 days ago - GlobeNewsWire

Cadrenal Therapeutics completes CAD-1005 End-of-Phase 2 meeting with FDA

Cadrenal Therapeutics (CVKD) announced a regulatory milestone after completing its End-of-Phase 2 meeting with the FDA and receiving guidance on key elements of the Phase 3 pivotal trial for CAD-1005,...

15 days ago - TheFly

Cadrenal Therapeutics Announces End-of-Phase 2 Meeting with the FDA and Pivotal Phase 3 Registration Path for CAD-1005 in Heparin-Induced Thrombocytopenia (HIT)

FDA provided critical guidance for the advancement of CAD-1005 to pivotal Phase 3 in HIT Phase 2 data showed a greater than 25% absolute reduction in thrombotic events when CAD-1005 was added to stand...

Other symbols: HIT
15 days ago - GlobeNewsWire

Cadrenal Therapeutics files to sell 1.18M shares of common stock for holders

06:04 EDT Cadrenal Therapeutics (CVKD) files to sell 1.18M shares of common stock for holders

24 days ago - TheFly

Cadrenal Therapeutics price target lowered to $13 from $32 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on Cadrenal Therapeutics (CVKD) to $13 from $32 and keeps a Buy rating on the shares to account for updated share count and…

5 weeks ago - TheFly

Cadrenal Therapeutics Inc trading halted, volatility trading pause

15:29 EDT Cadrenal Therapeutics (CVKD) Inc trading halted, volatility trading pause

6 weeks ago - TheFly

Cadrenal Therapeutics Inc trading resumes

15:34 EDT Cadrenal Therapeutics (CVKD) Inc trading resumes

6 weeks ago - TheFly

Cadrenal Therapeutics Reports Fourth Quarter 2025 Financial Results; Provides Corporate Update on CAD-1005 Program for HIT Following End-of-Phase 2 FDA Meeting

Encouraging Phase 2 HIT data and recent FDA feedback support continued advancement of CAD-1005 as Cadrenal's near-term development priority; broader 12-LOX platform remains a longer-term opportunity E...

6 weeks ago - GlobeNewsWire

Cadrenal Therapeutics Transcript: Life Sciences Virtual Investor Forum

CAD-1005, a novel IV therapy for HIT, is advancing to phase III after promising phase II results and strong safety data. The drug targets a major unmet need, holds Orphan Drug and Fast Track status, and may have broader applications in diabetes and obesity.

2 months ago - Transcripts

Cadrenal Therapeutics highlights research on 12-LOX inhibition

Cadrenal Therapeutics (CVKD) highlighted recent scientific findings demonstrating the potential of its first-in-class 12-lipoxygenase, 12-LOX, inhibitor, CAD-1005, to target inflammatory consequences ...

2 months ago - TheFly

Cadrenal Therapeutics Highlights Research Supporting 12-LOX Inhibition in Reducing Inflammation in Obesity and Type 2 Diabetes

PONTE VEDRA, Fla., March 12, 2026 (GLOBE NEWSWIRE) -- Cadrenal Therapeutics, Inc. (Nasdaq: CVKD), a biopharmaceutical company developing innovative treatments for life-threatening immune and thromboti...

2 months ago - GlobeNewsWire

Cadrenal Therapeutics highlights recent 12-LOX inhibitor platform expansion

Cadrenal Therapeutics (CVKD) provided additional perspectives on development opportunities following its recent pipeline expansion with the addition of 12-LOX inhibitors. As previously announced, Cadr...

2 months ago - TheFly

Cadrenal Therapeutics Highlights Recent 12-LOX Inhibitor Platform Expansion

Encouraging data for CAD-1005 in Phase 2 HIT Study  EOP2 scheduled for Q1 for top-priority indication Additional acute and chronic opportunities for 12-LOX inhibition beyond HIT PONTE VEDRA, Fla., Mar...

2 months ago - GlobeNewsWire

Cadrenal Therapeutics announces Phase 2 results for CAD-1005

Cadrenal Therapeutics (CVKD) announced results from a Phase 2 trial evaluating CAD-1005 in patients with heparin-induced thrombocytopenia, a severe pro-thrombotic reaction to heparin, the most commonl...

2 months ago - TheFly

Cadrenal Therapeutics Announces Phase 2 Results with Encouraging Reductions in Thrombotic Events for CAD-1005 in HIT, Supporting Clinical Advancement

Greater than 25% absolute reduction in thrombotic events with CAD-1005 versus placebo on a background of standard anticoagulant therapy, despite no difference in platelet count recovery End-of-Phase 2...

2 months ago - GlobeNewsWire

Cadrenal Therapeutics Transcript: 2nd Annual Lytham Partners Healthcare Investor Summit

The discussion highlighted a portfolio targeting critical gaps in anticoagulation, with VLX-1005 and Tecarfarin advancing for rare, high-risk patients. VLX-1005's novel 12-LOX inhibition approach in HIT, regulatory advantages, and upcoming milestones position it as a key near-term value driver.

4 months ago - Transcripts

Cadrenal Therapeutics highlights VLX-1005 as potential therapeutic solution

Cadrenal Therapeutics (CVKD) highlighted the significant unmet medical need in heparin-induced thrombocytopenia and underscored the promise of its recently acquired investigational drug candidate, VLX...

4 months ago - TheFly

Cadrenal Therapeutics Highlights High Incidence of Thrombotic Complications in Heparin-Induced Thrombocytopenia (HIT) at the J.P. Morgan Healthcare Conference and VLX-1005 as a Potential Therapeutic Solution as the First and Only Selective 12-LOX Inhibitor

SAN FRANCISCO, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Cadrenal Therapeutics, Inc. (Nasdaq: CVKD), a biopharmaceutical company developing transformative therapeutics to overcome the limitations of current a...

4 months ago - GlobeNewsWire

Cadrenal's Pipeline Looks Less Like a Microcap and More Like an Emergency Response System

PONTE VEDRA, FL / ACCESS Newswire / December 30, 2025 / Some companies enter a market because they see opportunity. Others step in because the situation has become unsustainable, and someone has to fi...

4 months ago - Accesswire

Cadrenal Is Rebuilding the Parts of Anticoagulation Everyone Else Gave Up On

PONTE VEDRA, FL / ACCESS Newswire / December 29, 2025 / Every industry has its forgotten corners. In anticoagulation, those corners turned into entire neighborhoods.

4 months ago - Accesswire

Cadrenal Therapeutics to Conduct Partnering and Investor Meetings During the J.P. Morgan 44th Annual Healthcare Conference in San Francisco on January 12-15, 2026

PONTE VEDRA, Fla., Dec. 17, 2025 (GLOBE NEWSWIRE) -- Cadrenal Therapeutics, Inc. (Nasdaq: CVKD), a biopharmaceutical company developing transformative therapeutics to overcome the limitations of curre...

5 months ago - GlobeNewsWire

Cadrenal's Quiet Expansion Play Is Starting to Get Loud

PONTE VEDRA, FL / ACCESS Newswire / December 12, 2025 / Cadrenal Therapeutics (NASDAQ: CVKD) entered the back half of the year with a calm, almost surgical approach to building out its foundation. Wh...

5 months ago - Accesswire

Cadrenal's Anticoagulation Platform Is Expanding in a $40 Billion Market

PONTE VEDRA, FL / ACCESS Newswire / December 12, 2025 / Cadrenal Therapeutics (NASDAQ:CVKD) believes it continues to be misread by the market. Yes, the Company is intentionally narrowly focused.

5 months ago - Accesswire

Cadrenal Therapeutics acquires VLX-1005 for heparin-induced thrombocytopenia

Cadrenal Therapeutics (CVKD) acquired VLX-1005 and related 12-lipoxygenase assets from Veralox Therapeutics. The acquisition adds a late-stage, first-in-class drug candidate targeting a critical immun...

5 months ago - TheFly

Cadrenal Therapeutics Acquires VLX-1005, a First-in-Class Phase 2 12-LOX Inhibitor for Patients with Heparin-Induced Thrombocytopenia (HIT)

PONTE VEDRA, Fla., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Cadrenal Therapeutics, Inc. (Nasdaq: CVKD), a biopharmaceutical company developing transformative therapeutics to overcome the limitations of curre...

5 months ago - GlobeNewsWire