
CASI Pharmaceuticals (CASI) Stock Forecast & Price Target
CASI Pharmaceuticals (CASI) Analyst Ratings
Bulls say
CASI Pharmaceuticals is positioned for significant revenue growth, with projections indicating that risk-adjusted revenues from CID-103 could rise from $11 million in 2029 to $75 million by 2033. The company has received IND clearance for antibody-mediated rejection (AMR) studies, with a Phase 1 dose-finding study slated to begin in the third quarter of 2025, reflecting its commitment to advancing innovative therapeutics. Additionally, the leadership experience in navigating FDA approvals suggests a strong foundation for successful product development and commercialization, enhancing investor confidence in the company's future prospects.
Bears say
CASI Pharmaceuticals has demonstrated dependency on a limited product portfolio, primarily generating revenue through the sales of EVOMELA, which raises concerns about revenue sustainability amid competitive pressures and market dynamics. The company's narrow revenue stream from a single product poses risks, especially if sales decline due to competition, regulatory changes, or shifts in treatment protocols. Additionally, potential challenges in advancing their pipeline candidates, coupled with a history of financial instability, contribute to a negative outlook for the company's stock performance.
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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