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NASDAQ:CADL

Candel Therapeutics (CADL) Stock Price, News & Analysis

Candel Therapeutics logo
$12.78 -0.19 (-1.46%)
As of 09/4/2026 04:00 PM Eastern

About Candel Therapeutics Stock (NASDAQ:CADL)

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Key Stats

Today's Range
$12.76
$13.05
50-Day Range
$9.40
$13.75
52-Week Range
$4.35
$14.00
Volume
535,343 shs
Average Volume
1.25 million shs
Market Capitalization
$977.93 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$19.29
Consensus Rating
Moderate Buy

Company Overview

Candel Therapeutics (NASDAQ:CADL) is a clinical-stage immuno-oncology company focused on the development of next-generation oncolytic viral therapies designed to treat solid tumors. The company’s lead candidate, CAN-2409, is a locally administered, gene-delivered viral therapy engineered to selectively replicate in cancer cells and induce immunogenic cell death. Candel leverages proprietary virus engineering platforms to enhance tumor-specific replication and stimulate anti-tumor immune responses, aiming to improve outcomes for patients with high unmet medical needs.

In addition to its lead program, Candel’s pipeline includes CAN-3110, an oncolytic herpes simplex virus targeting recurrent high-grade glioma, and other novel viral constructs being explored for a variety of solid tumor indications. The company’s research and development activities are supported by a combination of in-house expertise in viral immunology and collaborations with academic institutions and contract research organizations. Preclinical studies have demonstrated the potential of Candel’s viral platforms to reshape the tumor microenvironment and synergize with checkpoint inhibitors and other immunotherapies.

Headquartered in Pittsburgh, Pennsylvania, Candel Therapeutics conducts clinical trials across multiple sites in North America and Europe. The company was founded by scientists with deep expertise in oncolytic virotherapy and has assembled a management team experienced in advancing viral therapies through regulatory interactions. As a public company listed on Nasdaq under the ticker CADL, Candel continues to expand its scientific capabilities and clinical footprint to bring innovative viral immunotherapies to patients worldwide.

AI Generated. May Contain Errors.

Candel Therapeutics Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
60th Percentile Overall Score

CADL MarketRank™: 

Candel Therapeutics scored higher than 60% of companies evaluated by MarketBeat, and ranked 319th out of 912 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 2.64, and is based on no strong buy ratings, 8 buy ratings, 2 hold ratings, and 1 sell rating.

  • Upside Potential

    Candel Therapeutics has a consensus price target of $19.29, representing about 50.9% upside from its current price of $12.78.

  • 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 ($1.20) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Candel Therapeutics is -9.06, 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 -9.06, 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 7.75. 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

    19.01% 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 10.56, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Candel Therapeutics has recently decreased by 1.52%, indicating that investor sentiment is improving.
  • 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 0.96. 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 0.77 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Candel Therapeutics this week, compared to 4 articles on an average week.
  • Search Interest

    5 people have searched for CADL on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 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

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Candel Therapeutics, Inc. (CADL)
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CADL Stock Analysis - Frequently Asked Questions

Candel Therapeutics' stock was trading at $5.65 at the beginning of the year. Since then, CADL shares have increased by 126.2% and is now trading at $12.78.

Candel Therapeutics, Inc. (NASDAQ:CADL) issued its quarterly earnings data on Thursday, August, 13th. The company reported ($0.52) earnings per share for the quarter, missing the consensus estimate of ($0.24) by $0.28.

Candel Therapeutics (CADL) raised $72 million in an 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 served 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
9/05/2026
Citigroup’s Biopharma Back to School Summit 2026
9/09/2026
12th Annual Cantor Fitzgerald Global Healthcare Conference
9/10/2026
H.C. Wainwright 28th Annual Global Investment Conference
9/15/2026
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
60
Year Founded
1999

Price Target and Rating

High Price Target
$25.00
Low Price Target
$12.00
Potential Upside/Downside
+50.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
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
$1.65 per share
Price / Book
7.75

Miscellaneous

Outstanding Shares
76,520,000
Free Float
65,577,000
Market Cap
$977.93 million
Optionable
Optionable
Beta
-0.48

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This page (NASDAQ:CADL) was last updated on 9/5/2026 by MarketBeat.com Staff.
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