
CASI Pharmaceuticals (CASI) Stock Forecast & Price Target
CASI Pharmaceuticals (CASI) Analyst Ratings
Bulls say
CASI Pharmaceuticals is strategically positioned for future growth, with projections indicating that CID-103 could generate risk-adjusted revenues of $11 million in 2029, escalating to $75 million by 2033. The company has received IND clearance for its antibody-mediated rejection (AMR) product, with a Phase 1 dose-finding study expected to commence in the third quarter of 2025, further enhancing its clinical pipeline. Additionally, the leadership's experience in navigating FDA approvals is deemed advantageous for driving the company's new direction and advancing its product portfolio.
Bears say
CASI Pharmaceuticals Inc. is facing a negative outlook primarily due to reliance on EVOMELA, which constitutes a significant portion of its revenue, leading to vulnerability in sales should market dynamics shift. Additionally, the company's diverse product pipeline, including CID-103 and CNCT19, has yet to yield substantial financial contributions, indicating potential challenges in achieving consistent revenue growth. Furthermore, the competitive landscape in the biopharmaceutical sector poses risks to CASI's market position and revenue sustainability, impacting investor confidence.
This aggregate rating is based on analysts' research of CASI Pharmaceuticals and is not a guaranteed prediction by Public.com or investment advice.
CASI Pharmaceuticals (CASI) Analyst Forecast & Price Prediction
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