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CADL Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
5.295
Open
5.100
VWAP
5.16
Vol
1.65M
Mkt Cap
375.76M
Low
5.070
Amount
8.53M
EV/EBITDA(TTM)
--
Total Shares
73.25M
EV
293.98M
EV/OCF(TTM)
--
P/S(TTM)
--
Candel Therapeutics, Inc. is a BLA-ready clinical-stage biopharmaceutical company focused on developing off-the-shelf multimodal biological immunotherapies that elicit an individualized, systemic antitumor immune response to help patients fight cancer. CAN-2409 is the lead product candidate from the adenovirus platform. CAN-3110 is the lead product candidate from the herpes simplex virus (HSV) platform and is in an ongoing phase Ib clinical trial in recurrent high-grade glioma. Its enLIGHTEN Discovery Platform is a systematic, iterative HSV-based discovery platform leveraging human biology and advanced analytics to create new viral immunotherapies for solid tumors. CAN-2409, Its advanced multimodal biological immunotherapy candidate, is an investigational, off-the-shelf, replication-defective adenovirus engineered to deliver the herpes simplex virus thymidine kinase (HSV-tk) gene to a patient’s specific tumor and induce an individualized, systemic immune response against the tumor.
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Events Timeline

(ET)
2026-02-19
22:30:00
LifeSci Capital Leads Offering with Deal Range of $5.45-$5.65
select
2026-02-19
22:30:00
LifeSci Capital Leads Offering with Deal Range of $5.45-$5.65
select
2026-02-19
17:10:00
Candel Therapeutics Announces $100M Royalty Funding Agreement with RTW
select
2026-02-19
16:10:00
Candel Therapeutics Launches $100M Public Offering
select
2025-11-13 (ET)
2025-11-13
08:27:54
Candel Therapeutics announces Q3 earnings per share of 21 cents, compared to a loss of 33 cents in the previous year.
select
2025-11-04 (ET)
2025-11-04
09:07:32
Candel Therapeutics to Present Three Talks at SITC
select

News

Benzinga
8.5
02-20Benzinga
Candel Therapeutics Announces Public Offering Pricing
  • Public Offering Pricing: Candel Therapeutics has priced an underwritten public offering of approximately 18.35 million shares at $5.45 per share, aiming to raise about $100 million to support critical launch readiness and ongoing development costs for its cancer therapies.
  • Clear Use of Proceeds: The funds will be allocated towards the launch readiness of its lead product candidate, aglatimagene besadenovec (CAN-2409), and ongoing development for its phase 3 trial in non-small cell lung cancer (NSCLC), highlighting the company's commitment to advancing its viral immunotherapy pipeline.
  • Weak Stock Performance: Candel's shares fell 11.43% to $5.27 during premarket trading, trading 10.4% below its 20-day and 50-day simple moving averages, indicating bearish market sentiment surrounding the stock.
  • Optimistic Analyst Ratings: Despite the stock's decline, it maintains a Buy rating with an average price target of $15.77, reflecting analysts' confidence in the company's future growth, particularly given the positive clinical trial results for its product candidate.
Benzinga
4.5
02-20Benzinga
U.S. Stock Futures Rise as Market Awaits GDP Data Release
  • Market Sentiment Rebounds: U.S. stock futures rose after closing lower on Thursday, with all major benchmark indices showing positive trends, indicating investor anticipation for the upcoming fourth-quarter GDP data that could influence future monetary policy.
  • Stable Rate Expectations: The CME Group's FedWatch tool indicates a 94% likelihood that the Federal Reserve will keep interest rates unchanged in March, providing some stability to the market despite ongoing inflation pressures.
  • Divergent Stock Performances: Copart Inc. (NASDAQ: CPRT) dropped 6.64% following disappointing second-quarter earnings, while Comfort Systems USA Inc. (NYSE: FIX) rose 4.57% after reporting better-than-expected financial results, reflecting varied market reactions to company fundamentals.
  • Analyst Optimism: Scott Wren from Wells Fargo upgraded the U.S. GDP growth forecast from 2.4% to 2.9%, and despite increased market volatility, he recommends investors focus on sectors like Financials and Industrials that benefit from economic growth, viewing current dips as opportunities to enter large- and mid-cap stocks.
NASDAQ.COM
8.5
02-20NASDAQ.COM
Candel Therapeutics Prices $100 Million Share Offering
  • Share Offering Pricing: Candel Therapeutics has priced 18.35 million common shares at $5.45 each, aiming to raise $100 million, although the stock fell 11.76% to $5.25, indicating a negative market reaction to the offering.
  • Clear Use of Proceeds: The net proceeds from this offering will be allocated to critical launch readiness, medical affairs, and commercialization activities for aglatimagene besadenovec (CAN-2409) in early localized prostate cancer, as well as ongoing phase 3 trial costs for non-small cell lung cancer, demonstrating the company's commitment to oncology.
  • Significant Clinical Progress: Candel recently completed successful phase 2a trials of aglatimagene in non-small cell lung cancer and pancreatic ductal adenocarcinoma, and is conducting a phase 3 trial in localized prostate cancer, showcasing the potential of its lead product candidate.
  • FDA Accelerated Approvals: The FDA has granted Fast Track and Regenerative Medicine Advanced Therapy Designations to aglatimagene for newly diagnosed localized prostate cancer, Fast Track for NSCLC, and both Fast Track and Orphan Drug Designations for PDAC, enhancing its competitive edge and commercialization prospects.
seekingalpha
8.5
02-20seekingalpha
Candel Therapeutics Prices $100M Public Offering
  • Offering Size: Candel Therapeutics has announced a public offering of 18,348,624 shares at a price of $5.45 per share, with expected gross proceeds of $100 million, although actual revenue may decrease after underwriting discounts and other expenses.
  • Closing Timeline: The offering is expected to close on or about February 23, 2026, subject to customary closing conditions, which may impact the company's liquidity and short-term financial health.
  • Market Reaction: Following the announcement of the offering, Candel Therapeutics' stock price has declined, reflecting market concerns regarding the company's future growth potential, which could affect investor confidence.
  • Strategic Implications: This offering will provide Candel with funding to support its R&D projects; despite the negative market reaction, successful financing will help the company maintain operations and innovation capabilities in the competitive biopharmaceutical industry.
Newsfilter
8.5
02-20Newsfilter
Candel Therapeutics Prices $100 Million Public Offering
  • Offering Size: Candel Therapeutics announced a public offering of 18,348,624 shares at $5.45 per share, aiming to raise $100 million, reflecting strong market confidence in its biological immunotherapies.
  • Use of Proceeds: The funds will support the commercialization readiness of aglatimagene besadenovec (CAN-2409) for early localized prostate cancer and ongoing phase 3 trials in non-small cell lung cancer, indicating a strategic focus on cancer treatment.
  • Underwriting Team: Citigroup, Cantor, and Stifel are acting as joint bookrunning managers for the offering, with LifeSci Capital as lead manager, showcasing robust market support and trust in Candel.
  • Regulatory Compliance: Candel's S-3 registration statement filed with the SEC in August 2025 has been approved, ensuring compliance for the offering and enhancing investor confidence in the company's future growth.
Yahoo Finance
8.5
02-20Yahoo Finance
Candel Therapeutics Prices Public Offering at $5.45 per Share
  • Offering Size: Candel Therapeutics announced a public offering of 18,348,624 shares at a price of $5.45 per share, with expected gross proceeds of $100 million, aimed at funding critical launch readiness and clinical development activities.
  • Use of Proceeds: The funds will support commercialization efforts for aglatimagene besadenovec (CAN-2409) in early localized prostate cancer and ongoing phase 3 trials for non-small cell lung cancer, demonstrating the company's commitment to drug development.
  • Underwriting Team: The offering is managed by Citigroup, Cantor, and Stifel as joint bookrunning managers, with LifeSci Capital as the lead manager, indicating strong backing and confidence in the capital markets.
  • Regulatory Compliance: Candel has filed a registration statement with the SEC, which has been declared effective, ensuring compliance and transparency for the offering, thereby enhancing investor confidence.
Wall Street analysts forecast CADL stock price to rise
6 Analyst Rating
Wall Street analysts forecast CADL stock price to rise
5 Buy
1 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
7.00
Averages
18.33
High
25.00
Current: 0.000
sliders
Low
7.00
Averages
18.33
High
25.00
Citi
Yigal Nochomovitz
Buy
downgrade
$25 -> $24
AI Analysis
2025-11-14
Reason
Citi
Yigal Nochomovitz
Price Target
$25 -> $24
AI Analysis
2025-11-14
downgrade
Buy
Reason
Citi analyst Yigal Nochomovitz lowered the firm's price target on Candel Therapeutics to $24 from $25 and keeps a Buy rating on the shares.
Stephens
Stephens
Overweight
initiated
$15
2025-10-28
Reason
Stephens
Stephens
Price Target
$15
2025-10-28
initiated
Overweight
Reason
As previously reported, Stephens initiated coverage of Candel Therapeutics with an Overweight rating and $15 price target. Though financing and market penetration remain "open questions," the company's pipeline represents "a differentiated and potentially transformative entry" within next-generation therapeutic modalities with lead asset CAN-2409 functioning as an augmentative therapy designed to complement, rather than replace, existing standards of care, which the firm sees limiting competitive pressures and allowing for broad application across multiple indications.
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Valuation Metrics

The current forward P/E ratio for Candel Therapeutics Inc (CADL.O) is -6.10, compared to its 5-year average forward P/E of -5.04. For a more detailed relative valuation and DCF analysis to assess Candel Therapeutics Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-5.04
Current PE
-6.10
Overvalued PE
-1.69
Undervalued PE
-8.38

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-2.70
Current EV/EBITDA
-4.03
Overvalued EV/EBITDA
0.39
Undervalued EV/EBITDA
-5.79

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
634.88
Current PS
0.00
Overvalued PS
1601.77
Undervalued PS
-332.02

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Frequently Asked Questions

What is Candel Therapeutics Inc (CADL) stock price today?

The current price of CADL is 5.11 USD — it has decreased -0.39

What is Candel Therapeutics Inc (CADL)'s business?

Candel Therapeutics, Inc. is a BLA-ready clinical-stage biopharmaceutical company focused on developing off-the-shelf multimodal biological immunotherapies that elicit an individualized, systemic antitumor immune response to help patients fight cancer. CAN-2409 is the lead product candidate from the adenovirus platform. CAN-3110 is the lead product candidate from the herpes simplex virus (HSV) platform and is in an ongoing phase Ib clinical trial in recurrent high-grade glioma. Its enLIGHTEN Discovery Platform is a systematic, iterative HSV-based discovery platform leveraging human biology and advanced analytics to create new viral immunotherapies for solid tumors. CAN-2409, Its advanced multimodal biological immunotherapy candidate, is an investigational, off-the-shelf, replication-defective adenovirus engineered to deliver the herpes simplex virus thymidine kinase (HSV-tk) gene to a patient’s specific tumor and induce an individualized, systemic immune response against the tumor.

What is the price predicton of CADL Stock?

Wall Street analysts forecast CADL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CADL is18.33 USD with a low forecast of 7.00 USD and a high forecast of 25.00 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.

What is Candel Therapeutics Inc (CADL)'s revenue for the last quarter?

Candel Therapeutics Inc revenue for the last quarter amounts to 0.00 USD, decreased

What is Candel Therapeutics Inc (CADL)'s earnings per share (EPS) for the last quarter?

Candel Therapeutics Inc. EPS for the last quarter amounts to -0.21 USD, decreased -36.36

How many employees does Candel Therapeutics Inc (CADL). have?

Candel Therapeutics Inc (CADL) has 38 emplpoyees as of March 10 2026.

What is Candel Therapeutics Inc (CADL) market cap?

Today CADL has the market capitalization of 375.76M USD.