Needham Reiterates Buy on Celcuity, Maintains $24 Price Target
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 12 2024
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Should l Buy CELC?
Source: Benzinga
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Analyst Views on CELC
Wall Street analysts forecast CELC stock price to rise
9 Analyst Rating
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 102.010
Low
94.00
Averages
106.50
High
126.00
Current: 102.010
Low
94.00
Averages
106.50
High
126.00
About CELC
Celcuity Inc. is a clinical-stage biotechnology company, which develops targeted therapies for the treatment of multiple solid tumor indications. Its lead therapeutic candidate is gedatolisib, a potent, small-molecule reversible inhibitor that selectively targets all Class I isoforms of phosphatidylinositol-3-kinase (PI3K) and the two mechanistic targets of rapamycin (mTOR) sub-complexes, mTORC1 and mTORC2. Its development programs for gedatolisib focus on the treatment of patients with hormone receptor positive (HR+), human epidermal growth factor receptor 2 negative (HER2-), or HR+/HER2-, advanced or metastatic breast cancer and patients with metastatic castration resistant prostate cancer. A Phase III clinical trial of VIKTORIA-1, evaluating gedatolisib in combination with fulvestrant with or without palbociclib in patients with HR+/HER2- advanced breast has commenced. Its CELsignia companion diagnostic platform is able to analyze live patient tumor cells.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Celcuity Reports Q4 Non-GAAP EPS Beat Expectations
- Earnings Highlights: Celcuity reported a Q4 Non-GAAP EPS of -$0.73, beating market expectations by $0.28, indicating potential improvement in the company's financial performance.
- Rising Operating Expenses: Total operating expenses for Q4 reached $49.2 million, a 35% increase from $36.4 million in Q4 2024, reflecting ongoing investments in R&D and marketing.
- Strong Cash Reserves: At the end of fiscal year 2025, Celcuity had $441.5 million in cash, cash equivalents, and short-term investments, expected to finance operations through 2027, enhancing financial stability.
- FDA Priority Review: Celcuity received FDA priority review for its breast cancer therapy, marking a strategic advancement in the biotech sector that could accelerate product launch and enhance market competitiveness.
See More
MillerKnoll Earnings Decline Sparks 14% Drop
- MillerKnoll Earnings Report: MillerKnoll reported fiscal third-quarter adjusted earnings of 43 cents per share on revenue of $926.6 million, showing a 6% year-over-year revenue increase but a 2% decline in earnings, indicating pressure on profitability.
- Middle East Conflict Impact: The company warned of an expected $8 million to $9 million impact in the fourth quarter due to the Middle East conflict, stemming from reduced shipments to the region and increased logistics costs, which may further affect future performance.
- Karman Performance: Karman posted fiscal fourth-quarter adjusted earnings of 11 cents per share, falling short of the 12 cents expected by analysts, yet its revenue of $134.5 million exceeded the $132.6 million consensus, demonstrating resilience in the aerospace and defense sector.
- Worthington Steel Decline: Worthington Steel's adjusted earnings for the third quarter fell to 27 cents per share from 35 cents a year ago, leading to a 14% drop in share price, reflecting the profitability pressures and challenges faced in the steel industry.
See More
Deerfield Management Company Increases Stake in Celcuity
- Share Increase: Deerfield Management Company disclosed in its SEC filing on February 17, 2026, that it purchased an additional 980,470 shares of Celcuity in the fourth quarter, with an estimated trade value of $80.60 million, indicating strong confidence in the company.
- Value Growth: By quarter-end, Deerfield's total position in Celcuity reached $170.95 million, up $134.72 million from the previous quarter, reflecting the combined impact of new purchases and share price appreciation.
- Outstanding Market Performance: Celcuity's stock price surged over 1,040% in the past year, significantly outperforming the S&P 500's approximately 19% gain, showcasing its robust growth potential in the biotechnology sector.
- FDA Priority Review: Celcuity's lead drug candidate, Gedatolisib, has received FDA priority review, with a decision expected on July 17, 2026, which could further drive the company's stock price up and attract more investor interest.
See More
Deerfield Management Increases Celcuity Stake by 980,470 Shares
- Stake Increase: Deerfield Management Company increased its stake in Celcuity by 980,470 shares in Q4, with an estimated trade value of $80.60 million, reflecting confidence in the biotech company's market potential.
- Position Value Growth: By quarter-end, Deerfield's total position in Celcuity reached $170.95 million, up $134.72 million from the previous quarter, indicating a significant impact from both trading activity and stock price appreciation.
- FDA Priority Review: Celcuity's new drug application for gedatolisib has received FDA priority review for hormone receptor-positive, HER2-negative advanced breast cancer, with a decision date set for July 17, 2026, potentially opening significant market opportunities for the company.
- Positive Market Reaction: Celcuity's shares have skyrocketed over 1,000% in the past year, demonstrating strong investor interest in its precision oncology platform and therapeutic pipeline, with the upcoming quarterly report likely to further influence market sentiment.
See More
Apis Capital Sells Celcuity Shares Worth $14.3 Million
- Transaction Overview: On February 17, 2026, Apis Capital disclosed in an SEC filing that it sold 174,000 shares of Celcuity, with an estimated transaction value of approximately $14.3 million based on quarterly average pricing, indicating the firm's active market engagement.
- Position Change: Following the sale, Apis Capital's stake in Celcuity decreased to 602,000 shares, still representing 10.46% of its 13F AUM, highlighting that Celcuity remains its largest holding and reflecting ongoing investor confidence in the company.
- Market Value Increase: At the end of the quarter, the value of the Celcuity position increased by $21.71 million, showcasing significant stock price appreciation and indicating strong performance and market recognition in the biotechnology sector.
- Stock Performance: Celcuity's stock price surged by 741.1% over the past year, significantly outperforming the S&P 500 by 721.31 percentage points, demonstrating its competitive edge and investment appeal in the precision medicine landscape.
See More
Apis Capital Sells Celcuity Shares in $14.3 Million Trade
- Share Reduction Details: Apis Capital Advisors disclosed the sale of 174,000 shares of Celcuity on February 17, 2026, valued at approximately $14.3 million, indicating a strategic response to market fluctuations.
- Position Analysis: Following the sale, Celcuity still represented 10.46% of Apis Capital's 13F AUM, demonstrating the firm's ongoing confidence in Celcuity despite the partial profit-taking.
- Stock Performance Highlights: As of February 17, 2026, Celcuity shares were priced at $107.32, reflecting a remarkable 741.1% increase over the past year, significantly outperforming the S&P 500 by 721.31 percentage points, showcasing its strong market performance.
- Investor Recommendations: Although Apis Capital reduced its stake, Celcuity remains its largest holding, prompting investors to exercise caution regarding the high volatility of biotech stocks and consider biotech ETFs to spread risk and reduce overall volatility.
See More
Celcuity Reports Q4 Non-GAAP EPS Beat Expectations
- Earnings Highlights: Celcuity reported a Q4 Non-GAAP EPS of -$0.73, beating market expectations by $0.28, indicating potential improvement in the company's financial performance.
- Rising Operating Expenses: Total operating expenses for Q4 reached $49.2 million, a 35% increase from $36.4 million in Q4 2024, reflecting ongoing investments in R&D and marketing.
- Strong Cash Reserves: At the end of fiscal year 2025, Celcuity had $441.5 million in cash, cash equivalents, and short-term investments, expected to finance operations through 2027, enhancing financial stability.
- FDA Priority Review: Celcuity received FDA priority review for its breast cancer therapy, marking a strategic advancement in the biotech sector that could accelerate product launch and enhance market competitiveness.
See More
MillerKnoll Earnings Decline Sparks 14% Drop
- MillerKnoll Earnings Report: MillerKnoll reported fiscal third-quarter adjusted earnings of 43 cents per share on revenue of $926.6 million, showing a 6% year-over-year revenue increase but a 2% decline in earnings, indicating pressure on profitability.
- Middle East Conflict Impact: The company warned of an expected $8 million to $9 million impact in the fourth quarter due to the Middle East conflict, stemming from reduced shipments to the region and increased logistics costs, which may further affect future performance.
- Karman Performance: Karman posted fiscal fourth-quarter adjusted earnings of 11 cents per share, falling short of the 12 cents expected by analysts, yet its revenue of $134.5 million exceeded the $132.6 million consensus, demonstrating resilience in the aerospace and defense sector.
- Worthington Steel Decline: Worthington Steel's adjusted earnings for the third quarter fell to 27 cents per share from 35 cents a year ago, leading to a 14% drop in share price, reflecting the profitability pressures and challenges faced in the steel industry.
See More
Deerfield Management Company Increases Stake in Celcuity
- Share Increase: Deerfield Management Company disclosed in its SEC filing on February 17, 2026, that it purchased an additional 980,470 shares of Celcuity in the fourth quarter, with an estimated trade value of $80.60 million, indicating strong confidence in the company.
- Value Growth: By quarter-end, Deerfield's total position in Celcuity reached $170.95 million, up $134.72 million from the previous quarter, reflecting the combined impact of new purchases and share price appreciation.
- Outstanding Market Performance: Celcuity's stock price surged over 1,040% in the past year, significantly outperforming the S&P 500's approximately 19% gain, showcasing its robust growth potential in the biotechnology sector.
- FDA Priority Review: Celcuity's lead drug candidate, Gedatolisib, has received FDA priority review, with a decision expected on July 17, 2026, which could further drive the company's stock price up and attract more investor interest.
See More
Deerfield Management Increases Celcuity Stake by 980,470 Shares
- Stake Increase: Deerfield Management Company increased its stake in Celcuity by 980,470 shares in Q4, with an estimated trade value of $80.60 million, reflecting confidence in the biotech company's market potential.
- Position Value Growth: By quarter-end, Deerfield's total position in Celcuity reached $170.95 million, up $134.72 million from the previous quarter, indicating a significant impact from both trading activity and stock price appreciation.
- FDA Priority Review: Celcuity's new drug application for gedatolisib has received FDA priority review for hormone receptor-positive, HER2-negative advanced breast cancer, with a decision date set for July 17, 2026, potentially opening significant market opportunities for the company.
- Positive Market Reaction: Celcuity's shares have skyrocketed over 1,000% in the past year, demonstrating strong investor interest in its precision oncology platform and therapeutic pipeline, with the upcoming quarterly report likely to further influence market sentiment.
See More
Apis Capital Sells Celcuity Shares Worth $14.3 Million
- Transaction Overview: On February 17, 2026, Apis Capital disclosed in an SEC filing that it sold 174,000 shares of Celcuity, with an estimated transaction value of approximately $14.3 million based on quarterly average pricing, indicating the firm's active market engagement.
- Position Change: Following the sale, Apis Capital's stake in Celcuity decreased to 602,000 shares, still representing 10.46% of its 13F AUM, highlighting that Celcuity remains its largest holding and reflecting ongoing investor confidence in the company.
- Market Value Increase: At the end of the quarter, the value of the Celcuity position increased by $21.71 million, showcasing significant stock price appreciation and indicating strong performance and market recognition in the biotechnology sector.
- Stock Performance: Celcuity's stock price surged by 741.1% over the past year, significantly outperforming the S&P 500 by 721.31 percentage points, demonstrating its competitive edge and investment appeal in the precision medicine landscape.
See More
Apis Capital Sells Celcuity Shares in $14.3 Million Trade
- Share Reduction Details: Apis Capital Advisors disclosed the sale of 174,000 shares of Celcuity on February 17, 2026, valued at approximately $14.3 million, indicating a strategic response to market fluctuations.
- Position Analysis: Following the sale, Celcuity still represented 10.46% of Apis Capital's 13F AUM, demonstrating the firm's ongoing confidence in Celcuity despite the partial profit-taking.
- Stock Performance Highlights: As of February 17, 2026, Celcuity shares were priced at $107.32, reflecting a remarkable 741.1% increase over the past year, significantly outperforming the S&P 500 by 721.31 percentage points, showcasing its strong market performance.
- Investor Recommendations: Although Apis Capital reduced its stake, Celcuity remains its largest holding, prompting investors to exercise caution regarding the high volatility of biotech stocks and consider biotech ETFs to spread risk and reduce overall volatility.
See More
