
C4 Therapeutics (CCCC) Stock Forecast & Price Target
C4 Therapeutics (CCCC) Analyst Ratings
Bulls say
C4 Therapeutics Inc. is demonstrating significant potential with its lead product candidate, cemsidomide, which has shown an objective response rate (ORR) of 34% in heavily pre-treated relapsed/refractory multiple myeloma patients, surpassing the 25% ORR of a competing treatment, mezigdomide. This encouraging efficacy, combined with a reduced supportive care burden compared to competitors, positions cemsidomide for a competitive advantage in the oncology market. Furthermore, preclinical data reinforces the therapeutic potential of cemsidomide in activating T-cells and enhancing cytotoxicity against myeloma cells, supporting the company's innovative approach to targeted protein degradation.
Bears say
C4 Therapeutics Inc faces potential challenges due to anticipated lower utilization of G-CSF in its Phase 2 study, which may negatively impact clinical trial outcomes. Additionally, the Inflation Reduction Act of 2022 introduces concerns regarding reduced pricing power for biopharmaceutical products, posing risks to the company's future cash inflows. The company's broad array of programs focusing on difficult-to-drug targets heightens its vulnerability to regulatory scrutiny in the absence of convincing data or progress in its clinical trials.
This aggregate rating is based on analysts' research of C4 Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
C4 Therapeutics (CCCC) Analyst Forecast & Price Prediction
Start investing in C4 Therapeutics (CCCC)
Order type
Buy in
Order amount
Est. shares
0 shares