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NASDAQ:CADL

Candel Therapeutics (CADL) Stock Price, News & Analysis

Candel Therapeutics logo
$11.03 -0.52 (-4.53%)
As of 03:59 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Candel Therapeutics Stock (NASDAQ:CADL)

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Key Stats

Today's Range
$11.07
▼
$11.55
50-Day Range
$9.40
▼
$13.75
52-Week Range
$4.35
▼
$14.00
Volume
588,536 shs
Average Volume
1.49 million shs
Market Capitalization
$843.79 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.14
Consensus Rating
Moderate Buy

Company Overview

Candel Therapeutics, Inc. is a clinical-stage biotechnology company developing multimodal biological immunotherapies designed to stimulate the immune system to recognize and attack cancer. The company focuses on engineered viruses administered directly into tumors, with the goal of creating a localized immune response that may also affect cancer cells elsewhere in the body.

Candel’s pipeline includes CAN-2409, an investigational, replication-defective adenovirus-based immunotherapy being studied in cancers including localized prostate cancer and non-small cell lung cancer. The company is also developing CAN-3110, an investigational oncolytic herpes simplex virus intended for the treatment of recurrent glioblastoma. These programs are supported by Candel’s enLIGHTEN discovery platform, which is designed to generate and evaluate novel viral immunotherapies.

Founded in 2015 and headquartered in Needham, Massachusetts, Candel conducts its research and clinical development activities primarily in the United States. The company’s products remain investigational and are not approved for commercial use. Candel is led by President and Chief Executive Officer Paul Peter Tak, M.D., Ph.D.

AI Generated. May Contain Errors.

Candel Therapeutics Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
65th Percentile Overall Score

CADL MarketRank™: 

Candel Therapeutics scored higher than 65% of companies evaluated by MarketBeat, and ranked 296th out of 908 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Candel Therapeutics has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on no strong buy ratings, 9 buy ratings, 1 hold rating, and 1 sell rating.

  • Upside Potential

    Candel Therapeutics has a consensus price target of $20.14, representing about 78.4% upside from its current price of $11.29.

  • Amount of Analyst Coverage

    Candel Therapeutics has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Candel Therapeutics' stock forecast and price target.
  • Earnings Growth

    Earnings for Candel Therapeutics are expected to grow in the coming year, from ($1.29) to ($1.27) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Candel Therapeutics is -8.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Candel Therapeutics is -8.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Candel Therapeutics has a P/B Ratio of 11.89. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Candel Therapeutics' valuation and earnings.
  • Percentage of Shares Shorted

    18.82% of the float of Candel Therapeutics has been sold short.
  • Short Interest Ratio / Days to Cover

    Candel Therapeutics has a short interest ratio ("days to cover") of 10.28, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Candel Therapeutics has recently increased by 0.65%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Candel Therapeutics does not currently pay a dividend.

  • Dividend Growth

    Candel Therapeutics does not have a long track record of dividend growth.

  • News Sentiment

    Candel Therapeutics has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.73 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Candel Therapeutics this week, compared to 4 articles on an average week.
  • Search Interest

    7 people have searched for CADL on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Candel Therapeutics to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Candel Therapeutics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $390,017.00 in company stock.

  • Percentage Held by Insiders

    14.30% of the stock of Candel Therapeutics is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    13.93% of the stock of Candel Therapeutics is held by institutions.

  • Read more about Candel Therapeutics' insider trading history.
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CADL Stock News Headlines

Candel Therapeutics Shares Rise After BofA Upgrade
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CADL Stock Analysis - Frequently Asked Questions

Candel Therapeutics' stock was trading at $5.65 at the beginning of 2026. Since then, CADL stock has increased by 99.9% and is now trading at $11.2920.

Candel Therapeutics, Inc. (NASDAQ:CADL) announced its earnings results on Thursday, August, 13th. The company reported ($0.52) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.24) by $0.28.

Candel Therapeutics (CADL) raised $72 million in an initial public offering (IPO) on Tuesday, July 27th 2021. The company issued 9,000,000 shares at $8.00 per share. Jefferies, Credit Suisse, BMO Capital Markets and UBS Investment Bank acted as the underwriters for the IPO.

Top institutional investors of Candel Therapeutics include BlackRock Inc. (6.78%), Bank of America Corp DE (0.36%), Wellington Management Group LLP (0.27%) and Bank of New York Mellon Corp (0.26%). Insiders that own company stock include Paul B Manning, Estuardo Aguilar-Cordova, Paul Peter Tak, Francesca Barone, Seshu Tyagarajan, William Garrett Nichols and Charles Schoch.
View institutional ownership trends
.

Shares of CADL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Candel Therapeutics investors own include Advanced Micro Devices (AMD), Netflix (NFLX), NVIDIA (NVDA), Tesla (TSLA), Alphabet (GOOG), Meta Platforms (META) and Visa (V).

Company Calendar

Last Earnings
8/13/2026
Today
9/25/2026
Next Earnings (Estimated)
11/12/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:CADL
CIK
1841387
Fax
N/A
Employees
55
Year Founded
1999

Price Target and Rating

High Price Target
$25.00
Low Price Target
$15.00
Potential Upside/Downside
+80.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
11 Analysts

Profitability

EPS (Trailing Twelve Months)
($1.41)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$38.18 million
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
-76.98%
Return on Assets
-48.50%

Debt

Debt-to-Equity Ratio
0.38
Current Ratio
16.09
Quick Ratio
16.09

Sales & Book Value

Annual Sales
N/A
Price / Sales
N/A
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$0.95 per share
Price / Book
11.78

Miscellaneous

Outstanding Shares
76,520,000
Free Float
65,577,000
Market Cap
$856.26 million
Optionable
Optionable
Beta
-0.48

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This page (NASDAQ:CADL) was last updated on 9/25/2026 by MarketBeat.com Staff.
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