CADL icon

Candel Therapeutics

6.29 USD
-0.16
2.48%
At close Aug 1, 4:00 PM EDT
After hours
6.29
+0.00
0.00%
1 day
-2.48%
5 days
-9.89%
1 month
29.69%
3 months
28.63%
6 months
-12.03%
Year to date
-30.03%
1 year
13.54%
5 years
-10.14%
10 years
-10.14%
 

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 7,327 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
266%
upside
Avg. target
$23
266%
upside
High target
$23
266%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
HC Wainwright & Co.
Andrew Fein
266%upside
$23
Buy
Assumed
30 Jun 2025

Financial journalist opinion

Based on 5 articles about CADL published over the past 30 days

Neutral
GlobeNewsWire
2 days ago
Candel Therapeutics to Present at the Canaccord Genuity 45th Annual Growth Conference
NEEDHAM, Mass., July 30, 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 Paul Peter Tak, M.D., Ph.D., FMedSci, Candel's President and Chief Executive Officer, will present at the Canaccord Genuity 45th Annual Growth Conference, being held on August 12-14, 2025 in Boston, MA.
Candel Therapeutics to Present at the Canaccord Genuity 45th Annual Growth Conference
Positive
Proactive Investors
1 week ago
Candel Therapeutics receives EMA Orphan Designation for immunotherapy candidate CAN-2409
Candel Therapeutics Inc (NASDAQ:CADL) announced that the European Medicines Agency (EMA) has granted Orphan Designation to its investigational immunotherapy CAN-2409 for the treatment of pancreatic cancer. The designation adds to CAN-2409's existing Orphan Drug Designation and Fast Track Designation from the US Food and Drug Administration for pancreatic ductal adenocarcinoma.
Candel Therapeutics receives EMA Orphan Designation for immunotherapy candidate CAN-2409
Neutral
GlobeNewsWire
1 week ago
Candel Therapeutics Receives EMA Orphan Designation for CAN-2409 for the Treatment of Pancreatic Cancer
NEEDHAM, Mass., July 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, today announced that the European Medicines Agency (EMA) has granted Orphan Designation for CAN-2409 (aglatimagene besadenovec) for the treatment of pancreatic cancer. This designation complements CAN-2409's existing U.S. Food and Drug Administration (FDA) Orphan Drug Designation and FDA Fast Track Designation for the treatment of pancreatic ductal adenocarcinoma (PDAC) awarded to CAN-2409 in April 2024 and December 2023, respectively, and underscores the significant unmet medical need in this disease beyond the U.S.
Candel Therapeutics Receives EMA Orphan Designation for CAN-2409 for the Treatment of Pancreatic Cancer
Positive
Proactive Investors
3 weeks 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
3 weeks 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
1 month 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
1 month 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
1 month 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
1 month 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
1 month 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
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