Candel Therapeutics Inc
CADL
NASDAQ
Biotechnology
$11.72
USD
-0.08 (-0.68%)
At close: Aug 14, 2026, 4:00 PM EDT
Market Cap $864.59M
Volume 2.1M
About Candel Therapeutics Inc
Candel Therapeutics, Inc. is a clinical stage biotechnology company, which engages in the development and commercialization of viral immunotherapies. The company is headquartered in Needham, Massachusetts and currently employs 55 full-time employees. The company went IPO on 2021-07-27. CAN-2409 is the lead product candidate from the adenovirus platform. CAN-3110 is the lead product candidate from the herpes simplex virus (HSV) platform and is in an ongoing phase Ib clinical trial in recurrent high-grade glioma. Its enLIGHTEN Discovery Platform is a systematic, iterative HSV-based discovery platform leveraging human biology and advanced analytics to create new viral immunotherapies for solid tumors. CAN-2409, Its advanced multimodal biological immunotherapy candidate, is an investigational, off-the-shelf, replication-defective adenovirus engineered to deliver the herpes simplex virus thymidine kinase (HSV-tk) gene to a patient’s specific tumor and induce an individualized, systemic immune response against the tumor.
CEO
Dr. Paul Tak
HQ
Needham, MASSACHUSETTS, US
Founded
2021
Employees
55
Key Metrics
2 metrics our research team weighs before forming a view on CADL.
Based on Quantli research · SEC filings · as of Q2 2026
METRIC
VALUE
CHANGE
TREND (3Y)
ROE (TTM)
-70.2%
—
Free Cash Flow (TTM)
$-57.32M
—
Financial Snapshot
Revenue
$0
— YoY
Gross Margin
—
— YoY
Net Income
$-88.53M
-299.9%
YoY
Operating Cash Flow
$-56.02M
-87.4%
YoY
Key Statistics
Open
$11.85
Previous Close
$11.80
Day Range
$11.04 - $11.95
52 Week Range
$4.35 - $11.95
Volume
2.1M
Average Volume (10 Days)
970.0K
Dividend Yield
—
Valuation Measurement
Market Cap
$864.59M
P/E Ratio (TTM)
—
Price / Book
6.85
Financial Highlights
Return on Assets
-42.5%
Return on Equity
-70.2%
Revenue (TTM)
$0
Net Income (TTM)
$-88.53M
Diluted EPS (TTM)
-$1.45
Total Cash (MRQ)
$201.56M
Levered FCF (TTM)
$-57.32M
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Earnings Calendar
Next Earnings
Estimated Q2 Release
Aug 19
Est. EPS
Adjusted consensus estimate
-$0.24
Analyst Consensus
Based on 1 analyst ratings
Avg Target: $22.00
(+87.7% upside)
High: $22.00 · Low: $22.00
Strong Buy
0%
Buy
100%
Hold
0%
Sell
0%
Strong Sell
0%