Can-Fite BioPharma Approves 1-for-3,000 Reverse Split
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 23 2025
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Can-Fite BioPharma announced that following the approval of its shareholders, its board of directors has approved a 1-for-3,000 reverse split of the company's ordinary shares. The reverse split will be recorded with the Tel-Aviv Stock Exchange on January 2, 2026 and on January 4, 2026, the Tel-Aviv Stock Exchange will be closed. The first trading date for the newly consolidated ordinary shares on the Tel-Aviv Stock Exchange will be January 5, 2026. Concurrently with the reverse split, the company will effect a corresponding change in the ratio of ordinary shares underlying each of the company's American Depositary Shares, such that its ratio of ADSs to ordinary shares will change from one ADS representing three hundred (300) ordinary shares to a new ratio of one ADS representing two ordinary shares and no adjustment will be made to the outstanding number of the ADSs of the company. The ratio change will be effective on the NYSE American on January 5, 2026.
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Analyst Views on CANF
Wall Street analysts forecast CANF stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CANF is 2.50 USD with a low forecast of 2.50 USD and a high forecast of 2.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 4.100
Low
2.50
Averages
2.50
High
2.50
Current: 4.100
Low
2.50
Averages
2.50
High
2.50
About CANF
Can Fite Biopharma Ltd is an Israel-based clinical-stage biopharmaceutical company engaged in developing orally bioavailable small molecule therapeutic products for the treatment of cancer, liver and inflammatory diseases and erectile dysfunction. The Company co-develop formulations of cannabis components for the treatment of cancer, inflammatory, autoimmune, and metabolic diseases. Its technology utilizes the Gi protein associated A3AR as a therapeutic target. A3AR is expressed in inflammatory and cancer cells, and not significantly expressed in normal cells, suggesting that the receptor could be a target for pharmacological intervention.
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.
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