CADL icon

Candel Therapeutics

5.81 USD
-0.34
5.53%
At close Jul 11, 4:00 PM EDT
After hours
5.80
-0.01
0.17%
1 day
-5.53%
5 days
14.82%
1 month
6.41%
3 months
16.90%
6 months
-25.23%
Year to date
-35.37%
1 year
-1.69%
5 years
-17.00%
10 years
-17.00%
 

About: Candel Therapeutics Inc is a clinical-stage biopharmaceutical company focused on developing and commercializing viral immunotherapies to help patients fight cancer. The company has established two clinical-stage viral immunotherapy platforms based on novel, genetically modified adenovirus and herpes simplex virus (HSV) constructs, respectively.

Employees: 38

0
Funds holding %
of 7,312 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

255% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 11

118% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 11

66% more call options, than puts

Call options by funds: $4.4M | Put options by funds: $2.65M

17% more funds holding

Funds holding: 70 [Q4 2024] → 82 (+12) [Q1 2025]

2.65% more ownership

Funds ownership: 42.21% [Q4 2024] → 44.86% (+2.65%) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]

23% less capital invested

Capital invested by funds: $156M [Q4 2024] → $120M (-$35.8M) [Q1 2025]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$23
296%
upside
Avg. target
$23
296%
upside
High target
$23
296%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
HC Wainwright & Co.
Andrew Fein
296%upside
$23
Buy
Assumed
30 Jun 2025

Financial journalist opinion

Based on 7 articles about CADL published over the past 30 days

Positive
Proactive Investors
2 days ago
Candel Therapeutics expands Russell Index presence following 2025 reconstitution
Candel Therapeutics Inc (NASDAQ:CADL) has announced its inclusion in several value-oriented Russell indexes as part of the 2025 Russell US Indexes annual reconstitution. The changes became effective with the opening of the US markets on June 30.
Candel Therapeutics expands Russell Index presence following 2025 reconstitution
Neutral
GlobeNewsWire
2 days ago
Candel Therapeutics Expands Russell Index Presence with Addition to Multiple Value-Oriented Indexes in 2025 Reconstitution
NEEDHAM, Mass., July 09, 2025 (GLOBE NEWSWIRE) -- Candel Therapeutics, Inc. (Candel or the Company) (Nasdaq: CADL), a clinical-stage biopharmaceutical company focused on developing multimodal biological immunotherapies to help patients fight cancer, today announced that the Company was added to multiple Russell indexes as part of the 2025 Russell US Indexes annual reconstitution, which became effective at the open of the U.S. equity markets on June 30, 2025.
Candel Therapeutics Expands Russell Index Presence with Addition to Multiple Value-Oriented Indexes in 2025 Reconstitution
Positive
Zacks Investment Research
2 weeks ago
Candel Therapeutics (CADL) Upgraded to Strong Buy: Here's What You Should Know
Candel Therapeutics (CADL) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Candel Therapeutics (CADL) Upgraded to Strong Buy: Here's What You Should Know
Positive
Proactive Investors
2 weeks ago
Candel Therapeutics announces $15M direct offering to support CAN-2409 launch preparations
Candel Therapeutics Inc (NASDAQ:CADL) has announced a $15 million registered direct offering of common stock, the proceeds of which will support launch readiness, medical affairs, and pre-commercialization activities, as well as preparation for a Biologics License Application (BLA) submission for CAN-2409 in prostate cancer, expected in the fourth quarter of 2026. “We are pleased to strengthen our financial position with the resources intended to support pre-commercialization and launch readiness activities for CAN-2409 in prostate cancer, pending regulatory approval, as well as other key corporate purposes,” Candel CEO Dr Paul Peter Tak said.
Candel Therapeutics announces $15M direct offering to support CAN-2409 launch preparations
Neutral
GlobeNewsWire
2 weeks ago
Candel Therapeutics Announces $15 million Registered Direct Offering of Common Stock
NEEDHAM, Mass., June 24, 2025 (GLOBE NEWSWIRE) -- Candel Therapeutics, Inc. (Candel or the Company) (Nasdaq: CADL), a clinical-stage biopharmaceutical company focused on developing multimodal biological immunotherapies to help patients fight cancer, has agreed to sell approximately 3.2 million shares of its common stock (Common Stock) to a select group of accredited investors in a registered direct offering (the Offering), at a price per share of $4.67. The Offering is expected to close on June 25, 2025, subject to the satisfaction of customary closing conditions. Gross proceeds from the Offering are expected to be approximately $15.0 million, before deducting offering-related expenses payable by the Company.
Candel Therapeutics Announces $15 million Registered Direct Offering of Common Stock
Neutral
Proactive Investors
2 weeks ago
Candel Therapeutics names Charles Schoch as CFO after interim tenure
Candel Therapeutics Inc (NASDAQ:CADL) announced that it has appointed Charles Schoch as its chief financial officer. Schoch had served as interim CFO since January 2024 and is being elevated to the permanent position following a key period of operational and financial execution, the company said on Monday.
Candel Therapeutics names Charles Schoch as CFO after interim tenure
Neutral
GlobeNewsWire
2 weeks ago
Candel Therapeutics Appoints Charles Schoch as Chief Financial Officer
Interim CFO elevated to permanent role after demonstrating exceptional financial leadership, guiding the company through major operational and financial milestones Interim CFO elevated to permanent role after demonstrating exceptional financial leadership, guiding the company through major operational and financial milestones
Candel Therapeutics Appoints Charles Schoch as Chief Financial Officer
Positive
Proactive Investors
1 month ago
Candel Therapeutics adds biotech veteran Maha Radhakrishnan to Board
Candel Therapeutics Inc (NASDAQ:CADL) has appointed biotechnology industry veteran Maha Radhakrishnan, M.D., to its board of directors.
Candel Therapeutics adds biotech veteran Maha Radhakrishnan to Board
Neutral
GlobeNewsWire
1 month ago
Candel Therapeutics Appoints Maha Radhakrishnan, M.D., to its Board of Directors
Appointment of seasoned strategic industry executive strengthens the Board of Directors as Candel advances toward Biologics License Application submission and commercial development Appointment of seasoned strategic industry executive strengthens the Board of Directors as Candel advances toward Biologics License Application submission and commercial development
Candel Therapeutics Appoints Maha Radhakrishnan, M.D., to its Board of Directors
Positive
Zacks Investment Research
1 month ago
Does Candel Therapeutics (CADL) Have the Potential to Rally 285.32% as Wall Street Analysts Expect?
The average of price targets set by Wall Street analysts indicates a potential upside of 285.3% in Candel Therapeutics (CADL). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Does Candel Therapeutics (CADL) Have the Potential to Rally 285.32% as Wall Street Analysts Expect?
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