
Cardiff Oncology (CRDF) Stock Forecast & Price Target
Cardiff Oncology (CRDF) Analyst Ratings
Bulls say
Cardiff Oncology is expected to have strong potential for growth and success due to the promising clinical data from its onvansertib drug, which has shown significant improvements in response rates and progression-free survival for patients with RAS-mutated metastatic colorectal cancer. However, there are still risks involved in the success of the drug and Cardiff may require additional funding to continue its development. Overall, the potential for onvansertib to target and overcome treatment resistance in various cancer types makes it a promising asset for the company.
Bears say
Cardiff Oncology is facing several challenges, including a delay in the start of their registrational trial for onvansertib due to a recent change in dosing, causing a pushback of onvansertib's expected U.S. launch to 2030. Additionally, a decrease in projected revenues for onvansertib in RAS-mutated mCRC and the removal of value for other cancers have led to a decrease in the company's estimated market cap and a drop in their 12-month price target from $10 to $6. The recent cashless exercise of warrants and potential net debt in 2027 also pose financial concerns for the company.
This aggregate rating is based on analysts' research of Cardiff Oncology and is not a guaranteed prediction by Public.com or investment advice.
Cardiff Oncology (CRDF) Analyst Forecast & Price Prediction
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