CNTB stock has potential upside due to its strategic focus on its lead asset, rademikibart, which is advancing toward Phase 3 trials in asthma and atopic dermatitis. The termination of the Pfizer deal optimizes resources, extending its cash runway, but liquidity concerns remain after a ~27% YoY drop in investments. Current price levels may reflect undervaluation if regulatory milestones are achieved, but risks persist.