
CASI Pharmaceuticals (CASI) Stock Forecast & Price Target
CASI Pharmaceuticals (CASI) Analyst Ratings
Bulls say
CASI Pharmaceuticals Inc is projected to see significant revenue growth from its product CID-103, with risk-adjusted revenues anticipated to increase from $11 million in 2029 to $75 million by 2033. The company's leadership, particularly David, brings valuable experience in navigating the FDA approval process, which is critical for the successful advancement of their therapeutic products. Additionally, CASI has received IND clearance for a new study targeting antibody-mediated rejection, with the Phase 1 dose-finding study set to begin in the third quarter of 2025, underscoring the company's commitment to innovation and growth in the biopharmaceutical space.
Bears say
CASI Pharmaceuticals, Inc. faces a negative outlook primarily due to its heavy reliance on EVOMELA, which constitutes the majority of its revenue, creating significant vulnerability to market fluctuations or changes in regulatory approval. Additionally, the company has a limited product pipeline with few commercially established therapies, increasing the risks associated with revenue sustainability and growth. Financial metrics indicate persistent losses and challenges in achieving profitability, raising concerns about the long-term viability of the company's business model in a competitive biopharmaceutical landscape.
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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