
CASI Pharmaceuticals (CASI) Stock Forecast & Price Target
CASI Pharmaceuticals (CASI) Analyst Ratings
Bulls say
CASI Pharmaceuticals Inc. is projected to significantly increase its revenue from the CID-103 product, starting with an estimated $11 million in risk-adjusted revenues in 2029 and growing to $75 million by 2033, indicating strong future growth potential. The company has also received IND clearance for a Phase 1 dose-finding study for antibody-mediated rejection (AMR), which is set to begin in the third quarter of 2025, showcasing its commitment to advancing its pipeline. Leadership experience in navigating drug approvals is expected to bolster the company's initiatives and overall strategic direction.
Bears say
CASI Pharmaceuticals Inc. faces a negative outlook primarily due to its heavy reliance on EVOMELA, which constitutes the majority of its revenue, indicating vulnerability to market changes affecting this specific product. Additionally, the company has struggled with expanding its product portfolio and generating consistent revenue from its other therapeutics, such as CID-103 and CNCT19, which may hinder growth prospects. Furthermore, ongoing challenges in commercialization and competition in the biopharmaceutical space raise concerns about the company's ability to sustain profitability and expand its market presence effectively.
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
Start investing in CASI Pharmaceuticals (CASI)
Order type
Buy in
Order amount
Est. shares
0 shares